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Coromandel International is currently trading at Rs. 627.95, up by 9.30 points or 1.50% from its previous closing of Rs. 618.65 on the BSE.The scrip opened at Rs. 627.95 and has touched a high and low of Rs. 627.95 and Rs. 627.95 respectively. So far 10 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 641.35 on 31-Jan-2020 and a 52 week low of Rs. 336.50 on 16-Aug-2019.Last one week high and low of the scrip stood at Rs. 641.35 and Rs. 602.00 respectively. The current market cap of the company is Rs. 18105.72 crore.The promoters holding in the company stood at 61.69%, while Institutions and Non-Institutions held 22.04% and 16.27% respectively.Coromandel International has received an approval for the acquisition of 50,00,000 equity shares of Rs 10 each constituting 50% of the total share capital of Coromandel SQM (India) (CSQM), a joint venture between the company and Soquimich European Holdings BV.The proposed acquisition of shares would help in consolidating the shareholding of the company in CSQM. Post-acquisition, CSQM will become a wholly owned subsidiary of the company.Coromandel International is engaged in the manufacturing of fertilizers, plant protection chemicals and speciality nutrients.
The Revenue for the quarter ended December 2019 of Rs. 32756.90 millions grew by 7.60 % from Rs. 30442.30 millions.Handsome Net Profit growth of 72.07% reported above the corresponding previous quarter figure of Rs. 2627.00 millions to Rs. 1526.70 millions.Operating profit surged to 4390.80 millions from the corresponding previous quarter of 3135.60 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 32756.90 30442.30 7.60 102634.50 105705.90 -2.91 132038.50 111088.90 18.86 Other Income 88.90 89.10 -0.22 278.50 272.20 2.31 363.70 589.50 -38.30 PBIDT 4390.80 3135.60 40.03 13661.10 12086.10 13.03 14737.90 13049.20 12.94 Interest 459.10 514.00 -10.68 1919.20 1854.90 3.47 2508.20 1784.40 40.56 PBDT 3931.70 2617.50 50.21 11741.90 10029.80 17.07 11991.20 11264.80 6.45 Depreciation 406.10 267.60 51.76 1124.10 783.10 43.54 1132.50 985.60 14.90 PBT 3525.60 2349.90 50.03 10617.80 9246.70 14.83 10858.70 10279.20 5.64 TAX 898.60 823.20 9.16 2334.30 3179.90 -26.59 3719.60 3431.10 8.41 Deferred Tax -21.50 -25.10 -14.34 -432.90 -112.20 285.83 -145.90 -90.60 61.04 PAT 2627.00 1526.70 72.07 8283.50 6066.80 36.54 7139.10 6848.10 4.25 Equity 292.70 292.40 0.10 292.70 292.40 0.10 292.50 292.40 0.03 PBIDTM(%) 13.40 10.30 30.14 13.31 11.43 16.41 11.16 11.75 -4.98
Coromandel International is currently trading at Rs. 436.75, up by 0.45 points or 0.10% from its previous closing of Rs. 436.30 on the BSE.The scrip opened at Rs. 438.00 and has touched a high and low of Rs. 441.00 and Rs. 435.40 respectively. So far 1737 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 519.90 on 12-Mar-2019 and a 52 week low of Rs. 340.00 on 08-Oct-2018.Last one week high and low of the scrip stood at Rs. 452.55 and Rs. 422.70 respectively. The current market cap of the company is Rs. 12796.61 crore.The promoters holding in the company stood at 61.78%, while Institutions and Non-Institutions held 17.91% and 20.31% respectively.Coromandel International has reported a rise of 25.59% in its net profit at Rs 107.23 crore for the quarter under review as compared to Rs 85.38 crore for the same quarter in the previous year. Total income of the company increased by 8.66% at Rs 2,642.41 crore for Q4FY19 as compared Rs 2,431.73 crore for the corresponding quarter previous year.On the consolidated basis, the company has reported a rise of 23.18% in its net profit at Rs 110.38 crore for the quarter under review as compared to Rs 89.61 crore for the same quarter in the previous year. Total income of the company increased by 9.00% at Rs 2,646.96 crore for Q4FY19 as compared Rs 2,428.45 crore for the corresponding quarter previous year.For the year ended March 31, 2019, the company has reported a rise of 4.25% in its net profit at Rs 713.91 crore as compared to Rs 684.81 crore for the previous year. Total income of the company increased by 18.56% at Rs 13,240.22 crore for year under review as compared to Rs 11,167.84 crore for year ended March 31, 2018.For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 4.22% in its net profit at Rs 720.48 crore as compared to Rs 691.31 crore for the previous year. Total income of the company increased by 18.55% at Rs 13,261.64 crore for year under review as compared to Rs 11,186.77 crore for year ended March 31, 2018.
The Sales for the quarter ended September 2018 of Rs. 50085.10 millions rose by 36.42% from Rs. 36715.10 millions.The Company has registered profit of Rs. 3663.20 millions for the quarter ended September 2018, a growth of 5.16% over Rs. 3483.40 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 6747.20 millions compared to 5912.40 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 50085.10 36715.10 36.42 75263.60 59627.90 26.22 109865.40 101853.00 7.87 Other Income 96.50 178.10 -45.82 183.10 301.30 -39.23 578.00 533.80 8.28 PBIDT 6747.20 5912.40 14.12 8950.50 7707.90 16.12 12780.20 10354.10 23.43 Interest 696.60 410.60 69.65 1340.90 854.90 56.85 1784.40 2236.70 -20.22 PBDT 5853.30 5501.80 6.39 7412.30 6853.00 8.16 10995.80 8117.40 35.46 Depreciation 261.20 250.20 4.40 515.50 498.90 3.33 970.60 998.80 -2.82 PBT 5592.10 5251.60 6.48 6896.80 6354.10 8.54 10025.20 7118.60 40.83 TAX 1928.90 1768.20 9.09 2356.70 2160.80 9.07 3431.10 2350.80 45.95 Deferred Tax -22.70 -90.50 -74.92 -87.10 -115.60 -24.65 -90.60 -78.30 15.71 PAT 3663.20 3483.40 5.16 4540.10 4193.30 8.27 6594.10 4767.80 38.30 Equity 292.40 292.20 0.07 292.40 292.20 0.07 292.40 291.70 0.24 PBIDTM(%) 13.47 16.10 -16.34 11.89 12.93 -8.00 11.63 10.17 14.43
With no major difference for the quarter endedMarch 2018 , the total revenue stood at Rs. 23711.80 millions.A big decline of -53.21% was reported for the quarter ended March 2018 to Rs. 671.70 millions from Rs. 1435.60 millions of corresponding previous quarter.Operating Profit reported a sharp decline to 1765.50 millions from 2836.90 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 23711.80 22874.70 3.66 109865.40 101853.00 7.87 109865.40 101853.00 7.87 Other Income 153.90 126.10 22.05 578.00 533.80 8.28 578.00 533.80 8.28 PBIDT 1765.50 2836.90 -37.77 12780.20 10354.10 23.43 12780.20 10354.10 23.43 Interest 506.80 470.90 7.62 1784.40 2236.70 -20.22 1784.40 2236.70 -20.22 PBDT 1258.70 2366.00 -46.80 10995.80 8117.40 35.46 10995.80 8117.40 35.46 Depreciation 232.60 252.30 -7.81 970.60 998.80 -2.82 970.60 998.80 -2.82 PBT 1026.10 2113.70 -51.45 10025.20 7118.60 40.83 10025.20 7118.60 40.83 TAX 354.40 678.10 -47.74 3431.10 2350.80 45.95 3431.10 2350.80 45.95 Deferred Tax 13.10 -37.20 -135.22 -90.60 -78.30 15.71 -90.60 -78.30 15.71 PAT 671.70 1435.60 -53.21 6594.10 4767.80 38.30 6594.10 4767.80 38.30 Equity 292.40 291.70 0.24 292.40 291.70 0.24 292.40 291.70 0.24 PBIDTM(%) 7.45 12.40 -39.96 11.63 10.17 14.43 11.63 10.17 14.43
Coromandel International is currently trading at Rs. 492.70, up by 4.75 points or 0.97% from its previous closing of Rs. 487.95 on the BSE.The scrip opened at Rs. 497.90 and has touched a high and low of Rs. 500.00 and Rs. 487.30 respectively. So far 178057 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 542.90 on 25-Oct-2017 and a 52 week low of Rs. 229.50 on 21-Nov-2016.Last one week high and low of the scrip stood at Rs. 542.90 and Rs. 472.00 respectively. The current market cap of the company is Rs. 14260.72 crore.The promoters holding in the company stood at 61.84%, while institutions and non-institutions held 13.89% and 24.27% respectively.Coromandel International has reported a rise of 61.46% in its net profit at Rs 343.45 crore for the quarter under review as compared to net profit of Rs 212.71 crore for the same quarter in the previous year. Total income of the company increased by 2.11% at Rs 3663.38 crore for Q2FY18 as compared Rs 3587.55 crore for the corresponding quarter previous year.On consolidate basis, the company has reported 60.52% rise in its net profit after taxes, non-controlling interest and share of profit/ (loss) of joint ventures at Rs 342.53 crore for the quarter ended September 30, 2017 as compared to Rs 213.39 crore for the corresponding quarter in the FY17. Total income of the company increased by 2.00% at Rs 3664.83 crore for quarter under review as compared to Rs 3592.92 crore for the same quarter in the previous year.
The Total revenue for the quarter ended September 2017 of Rs. 36455.50 millions remain, more or less, the same.Handsome Net Profit growth of 61.46% reported above the corresponding previous quarter figure of Rs. 3434.50 millions to Rs. 2127.10 millions.OP of the company witnessed a marginal growth to 5859.80 millions from 4015.60 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201709 201609 % Var 201709 201609 % Var 201703 201603 % Var Sales 36455.50 35707.00 2.10 59212.50 56274.20 5.22 101853.00 116249.80 -12.38 Other Income 178.30 168.50 5.82 301.00 291.50 3.26 533.80 653.80 -18.35 PBIDT 5859.80 4015.60 45.93 7705.20 5025.60 53.32 10354.10 8306.20 24.66 Interest 410.60 586.30 -29.97 854.90 1236.90 -30.88 2236.70 2209.10 1.25 PBDT 5449.20 3429.30 58.90 6850.30 3788.70 80.81 8117.40 6347.10 27.89 Depreciation 246.50 249.70 -1.28 491.50 493.20 -0.34 998.80 1055.50 -5.37 PBT 5202.70 3179.60 63.63 6358.80 3295.50 92.95 7118.60 5291.60 34.53 TAX 1768.20 1052.50 68.00 2160.80 1090.00 98.24 2350.80 1713.00 37.23 Deferred Tax -90.50 -8.90 916.85 -115.60 -14.60 691.78 -78.30 -161.70 -51.58 PAT 3434.50 2127.10 61.46 4198.00 2205.50 90.34 4767.80 3578.60 33.23 Equity 292.20 291.60 0.21 292.20 291.60 0.21 291.70 291.30 0.14 PBIDTM(%) 16.07 11.25 42.93 13.01 8.93 45.71 10.17 7.15 42.28
Coromandel International is currently trading at Rs. 439.00, up by 6.35 points or 1.47% from its previous closing of Rs. 432.65 on the BSE.The scrip opened at Rs. 435.10 and has touched a high and low of Rs. 442.00 and Rs. 435.10 respectively. So far 5,382 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 444.00 on 16-Jun-2017 and a 52 week low of Rs. 225.00 on 26-Jul-2016.Last one week high and low of the scrip stood at Rs. 442.00 and Rs. 416.00 respectively. The current market cap of the company is Rs. 12,821.00 crore.The promoters holding in the company stood at 61.99%, while Institutions and Non-Institutions held 12.74% and 25.28% respectively.Coromandel International has received an Environmental Clearance (EC) for raising production capacity of its facility at Vishakhapatnam in Andhra Pradesh. The environment clearance to Rs 225-crore expansion project is subject to the compliance of specific and general conditions. The company’s proposal is to raise phosphoric acid production capacity from 700 tonnes per day to 1,000 tonnes per day and other auxiliary facilities at Sriharipuram to achieve daily complex fertiliser production of 3,900 tonnes. Coromandel International is engaged in the manufacture and trading of farm inputs consisting of fertilizers, crop protection, specialty nutrients and organic compost. The company’s business divisions include Fertilizers, Specialty Nutrients, Crop Protection and Retail.
The sales slipped to Rs. 22874.70 millions for the March 2017 quarter as against Rs. 30459.80 millions during the year-ago period.The Profit for the quarter ended March 2017 of Rs. 1435.60 millions grew by 55.87% from Rs. 921.00 millions.Operating profit surged to 2836.90 millions from the corresponding previous quarter of 2118.10 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201703 201603 % Var Sales 22874.70 30459.80 -24.90 101853.00 116249.80 -12.38 101853.00 116249.80 -12.38 Other Income 126.10 122.10 3.28 533.80 653.80 -18.35 533.80 653.80 -18.35 PBIDT 2836.90 2118.10 33.94 10354.10 8306.20 24.66 10354.10 8306.20 24.66 Interest 470.90 578.30 -18.57 2236.70 2209.10 1.25 2236.70 2209.10 1.25 PBDT 2366.00 1539.80 53.66 8117.40 6347.10 27.89 8117.40 6347.10 27.89 Depreciation 252.30 272.30 -7.34 998.80 1055.50 -5.37 998.80 1055.50 -5.37 PBT 2113.70 1267.50 66.76 7118.60 5291.60 34.53 7118.60 5291.60 34.53 TAX 678.10 346.50 95.70 2350.80 1713.00 37.23 2350.80 1713.00 37.23 Deferred Tax -37.20 -111.50 -66.64 -78.30 -161.70 -51.58 -78.30 -161.70 -51.58 PAT 1435.60 921.00 55.87 4767.80 3578.60 33.23 4767.80 3578.60 33.23 Equity 291.70 291.30 0.14 291.70 291.30 0.14 291.70 291.30 0.14 PBIDTM(%) 12.40 6.95 78.35 10.17 7.15 42.28 10.17 7.15 42.28
Fertilisers stocks surged after Finance Minister Arun Jaitley committed to double farmer income in five years. Furthermore, he also assured that Government would take steps to make sure farmers get better prices for harvest. Coromandel International is currently trading at Rs. 325.55, up by 12.55 points or 4.01% from its previous closing of Rs. 313.00 on the BSE. The scrip opened at Rs. 315.20 and has touched a high and low of Rs. 330.00 and Rs. 313.85 respectively. So far 107565 shares were traded on the counter.Gujarat State Fertilizers & Chemicals (GSFC) is currently trading at Rs. 110.00, up by 1.90 points or 1.76% from its previous closing of Rs. 108.10 on the BSE. The scrip opened at Rs. 109.95 and has touched a high and low of Rs. 112.60 and Rs. 107.20 respectively. So far 385488 shares were traded on the counter.Gujarat Narmada Valley Fertilizers & Chemicals is currently trading at Rs. 246.40, up by 3.55 points or 1.46% from its previous closing of Rs. 242.85 on the BSE. The scrip opened at Rs. 244.50 and has touched a high and low of Rs. 248.50 and Rs. 242.50 respectively. So far 106526 shares were traded on the counter.Fertilisers & Chemicals Travancore is currently trading at Rs. 31.40, up by 1.55 points or 5.19% from its previous closing of Rs. 29.85 on the BSE. The scrip opened at Rs. 30.80 and has touched a high and low of Rs. 31.90 and Rs. 29.70 respectively. So far 194624 shares were traded on the counter.
Coromandel International is currently trading at Rs. 335.25, up by 7.60 points or 2.32% from its previous closing of Rs. 327.65 on the BSE.The scrip opened at Rs. 331.65 and has touched a high and low of Rs. 347.10 and Rs. 326.00 respectively. So far 107169 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 347.10 on 25-Jan-2017 and a 52 week low of Rs. 146.35 on 12-Feb-2016.Last one week high and low of the scrip stood at Rs. 334.95 and Rs. 317.05 respectively. The current market cap of the company is Rs. 9784.56 crore.The promoters holding in the company stood at 62.03%, while Institutions and Non-Institutions held 11.34% and 26.63% respectively.Coromandel International has reported 37.02% rise in its net profit at Rs 112.67 crore for the quarter ended December 31, 2016 as compared to Rs 82.23 crore for the same quarter in the previous year. However, total income of the company decreased by 18.31% at Rs 2282.03 crore for the quarter under review as compared to Rs 2793.62 crore for the corresponding quarter previous year. On the consolidated basis, the company has reported 38.40% rise in its net profit at Rs 111.81 crore for the quarter ended December 31, 2016, as compared to Rs 80.79 crore for the same quarter in the previous year. However, total income of the company decreased by 18.39% to Rs 2282.61 crore for quarter under review from Rs 2797.06 crore for the quarter ended December 31, 2015.
Coromandel International has informed that a Meeting of the Board of Directors of the Company has been convened to be held on January 25, 2017, to consider and approve the Un-audited Financial Results of the Company for the quarter ended December 31, 2016 (Q3). Further, in the terms of the Company’s Code of Conduct for Prevention of Insider Trading, the ‘Trading Window’ for dealing in the securities of the Company remains closed for Designated Persons from January 01, 2017 to January 27, 2017 in view of the impending publication of Un-audited Financial Results of the Company for the quarter ended December 31, 2016.The above information is a part of company’s filings submitted to BSE.