Coromandel International Limited Posts FY26 Results Sustains Growth Momentum
Coromandel International Limited Posts FY26 Results
Sustains Growth Momentum
National: Coromandel International Limited (BSE: 506395, NSE: COROMANDEL), one of India’s leading agri-solutions providers, announced its financial results for the quarter and full year ended March 31, 2026. The Company continues to strengthen its leadership across fertilisers, crop protection, bio-products, specialty nutrients, organic fertilisers and agri-retail while making notable advances in agri-drone spraying and other digital initiatives that drive sustainability and farm productivity.
| Consolidated Results: In Rs Crores | ||||||
|---|---|---|---|---|---|---|
| Particulars | Full Year FY25 | Full Year FY26 | % Change | Q4 FY25 | Q4 FY26 | % Change |
| Total Income | 24,444 | 31,827 | 30% | 5,114 | 6,068 | 19% |
| EBITDA | 2,628 | 3,232 | 23% | 426 | 494 | 16% |
| PBT (before exceptional items) | 2,381 | 2,688 | 13% | 384 | 298 | -22% |
| Exceptional items | 347 | -71 | – | 347 | -71 | – |
| PBT (after exceptional items) | 2,728 | 2,617 | -4% | 731 | 228 | -69% |
| PAT | 2,055 | 1,898 | -8% | 578 | 115 | -80% |
| Standalone Results: In Rs Crores | ||||||
| Particulars | Full Year FY25 | Full Year FY26 | % Change | Q4 FY25 | Q4 FY26 | % Change |
| Total Income | 24,428 | 30,882 | 26% | 5,113 | 5,748 | 12% |
| EBITDA | 2,656 | 3,116 | 17% | 438 | 464 | 6% |
| PBT (before exceptional items) | 2,485 | 2,868 | 15% | 411 | 387 | -6% |
| Exceptional items | 100 | -125 | – | 100 | -125 | – |
| PBT (after exceptional items) | 2,585 | 2,743 | 6% | 511 | 261 | -49% |
| PAT | 1,941 | 2,009 | 3% | 389 | 154 | -60% |
Dividend
At its meeting held today, the Board approved a final dividend of Rs. 2 per equity share, equivalent to 200% on the face value of Rs. 1 per share. Earlier, in February 2026, the Company had paid an interim dividend of Rs. 9 per share. Accordingly, the total dividend for FY 2025–26 amounts to Rs. 11 per equity share, representing 1100% on the face value of Rs. 1 per share.
Update on Key Initiatives
During the year, the Nutrient business operated its plants at full capacity and managed raw material sourcing efficiently, thereby ensuring timely availability of fertilisers.
The Company successfully commissioned a 2000 ton per day (TPD) Sulphuric Acid plant and a 650 TPD Phosphoric Acid plant at Kakinada in Q4, strengthening its backward integration capabilities. With an outlay of ~Rs 1100 crore, these projects are expected to strengthen supply security and support India’s Atmanirbhar Bharat vision in fertilisers. The company’s rock phosphate project in Senegal also ramped up output during the year, securing raw material supplies for the new phosphoric acid plant. Further, the fertiliser granulation capacity expansion project at Kakinada is progressing as per plan and is scheduled for completion by Q4 FY26-27
The Company’s Crop Protection business continued to perform well in both domestic and international markets. Projects for key technical molecules are under implementation and are expected to enhance manufacturing capabilities and support the next phase of growth.
Commenting on the results, Mr. S. Sankarasubramanian, MD & CEO, Coromandel International mentioned, “Coromandel’s Nutrient business delivered a steady performance in FY26, navigating a dynamic operating environment marked by supply disruptions, volatile raw material prices and sharp currency movements. During the year, the Company strengthened its position in the phosphatic fertiliser segment, registering 7% growth and achieving sales of 4.3 million tons, supported by strong farmer engagement and entry into new markets.
Company’s Crop Protection business recorded strong momentum during the year, delivering healthy 16% revenue growth with 55% rise in profitability. This was supported by sustained traction for our key molecules, improved volume offtake in exports and new product introductions in domestic markets.
Our subsidiary NACL Industries Ltd achieved a successful turnaround during the year through focused operational improvements and reported a 28% increase in revenue and returned to profitability.
The Company’s Agri Retail business continued to scale up its network to 1200 centers, adding over 300 new stores across existing and new geographies in FY26.”
About Coromandel
Coromandel International Limited is amongst India’s pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain. It operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertilizers, Crop Protection, Bio Products, Specialty Nutrients and Organic businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertilizer in India. The Company’s Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water soluble fertilizers, secondary & micronutrients and Nano fertilizers products. The Company is leading marketer of Organic fertilizers in India. The Bio Products business of the company focusses on plant extractions for various applications. It also operates a network of more than 1200 rural retail outlets across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu and Maharashtra. Through these Retail outlets, the Company offers agri inputs and farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company currently has 8 R&D centers and a strong Regulatory setup, supporting the businesses in process development and new product introduction. The Company currently has 21 manufacturing facilities, spread widely across India, producing wide range of Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers.
The Company clocked a turnover of Rs. 31,827 Crores during FY 25-26. Its efforts towards environment have been well recognized by international organizations like UNDP and has also been voted as one of the ten greenest companies in India by TERI. Coromandel is a part of the Murugappa Group with a turnover of INR 90,178 crore in FY 24-25.
For more details, visit www.coromandel.biz
About Murugappa Group
A 125-year-old conglomerate with presence across India and the world, the INR 902 billion (90,178 crore) Murugappa Group has diverse businesses in agriculture, engineering, financial services and more.
The Group has 10 listed companies: Carborundum Universal Limited, CG Power & Industrial Solutions Limited, Cholamandalam Financial Holdings Limited, Cholamandalam Investment & Finance Company Limited, Coromandel International Limited, E.I.D.-Parry (India) Limited, NACL Industries Limited, Shanthi Gears Limited, Tube Investments of India Limited, and Wendt (India) Limited. Other major companies include Cholamandalam MS General Insurance Company Limited and Parry Agro Industries Limited. Brands such as Ajax, Hercules, BSA, Montra, Montra Electric, Mach City, Chola, Chola MS, CG Power, Shanthi Gears, CUMI, Gromor, Paramfos, Parry’s are part of the Group’s illustrious stable.
Abrasives, technical ceramics, electrominerals, electric vehicles, auto components, fans, transformers, signalling equipment for railways, bicycles, fertilisers, sugar, tea, and several other products make up the Group’s business interests.
Guided by the Five lights — integrity, passion, quality, respect, and responsibility — and a culture of professionalism, the Group has a workforce of 94,041 employees.
For more details, visit www.murugappa.com
