{"id":154426,"date":"2023-08-23T10:59:56","date_gmt":"2023-08-23T14:59:56","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154426"},"modified":"2023-08-23T11:01:05","modified_gmt":"2023-08-23T15:01:05","slug":"coromandel-international-a-leader-in-the-agro-space","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/coromandel-international-a-leader-in-the-agro-space\/","title":{"rendered":"Coromandel International: A Leader in the Agro Space"},"content":{"rendered":"\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>\u201cCoromandel posted a steady performance in Q1 registering a volume growth in fertilizer and sustaining its profitability, despite the challenging business environment of delayed monsoon onset impacting crop growth sowing and agri inputs application. Nutrient and Allied business performance was led by a robust 18% sales volume growth in phosphatic fertilizers. The Crop Protection segment performance during the quarter was affected by industry headwinds and sub normal rainfall in its key markets.\u201d<\/em><\/p><cite><em>&#8211; Mr. Jayashree Satagopan, President &amp; CFO, Coromandel International on Q1FY24 Results<\/em><\/cite><\/blockquote>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Stock Data<\/strong><\/td><\/tr><tr><td><strong>Ticker<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>COROMANDEL<\/strong><\/td><\/tr><tr><td><strong>Exchange<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>NSE<\/strong><\/td><\/tr><tr><td><strong>Industry<\/strong><\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>FERTILIZER<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Price Performance<\/strong><\/td><\/tr><tr><td><strong>Last 5 Days<\/strong><\/td><td><strong>-0.82%<\/strong><\/td><\/tr><tr><td><strong>YTD<\/strong><\/td><td><strong>+18.67%<\/strong><\/td><\/tr><tr><td><strong>Last 12 Months<\/strong><\/td><td><strong>+0.60%<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>*As of 23.08.2023<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Company Description:<\/strong><\/h2>\n\n\n\n<p>Coromandel International Ltd, an Indian company, primarily operates in the agricultural sector, specializing in fertilizers and crop protection products. The company&#8217;s business model revolves around various aspects of agriculture and related industries. Here are key components of its business model:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Fertilizers: <\/strong>Coromandel International is a significant player in the production and distribution of fertilizers. They manufacture a wide range of fertilizers, including phosphatic fertilizers, organic fertilizers, and specialty nutrients. Their business model involves producing these fertilizers and distributing them to farmers through a network of dealers and retailers.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Crop Protection Products:<\/strong> The company also manufactures and markets crop protection products such as pesticides, insecticides, and herbicides. These products are designed to protect crops from pests and diseases. Coromandel&#8217;s business model includes developing and selling these products to farmers.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Retail and Distribution:<\/strong> Coromandel has an extensive network of dealers, retailers, and distributors across India. They collaborate with these partners to reach farmers in various regions. This distribution network is a crucial part of their business model, ensuring their products are readily available to farmers.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>Financial Results:<\/strong><\/h2>\n\n\n\n<p>Coromandel International Ltd reported Revenues for Q1FY24 of \u20b95,693.00 Crores down from \u20b95,729.00 Crore year on year, a fall of 0.63%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b95,077.00 Crores down from \u20b95,116.00 Crores year on year, a fall of 0.76%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b9494.00 Crores down 1.0% from&nbsp; \u20b9499.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b916.80, down 1.12% from \u20b916.99 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><a href=\"https:\/\/lh3.googleusercontent.com\/OLbSJUXbr8yg-NdUpPpBf_uHjl_tJKXBBdlpzta2x6X3riJhIpLi4UC9Oev0Qxv9WCDSerQqFI9CeyTYekd4T2qm5xkMAGrsTG2xMmMu9pF9ZUhkPEn8dOnO85gEnBcDrlxbnTCOiSDH320ZpKQvTE8\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/lh3.googleusercontent.com\/OLbSJUXbr8yg-NdUpPpBf_uHjl_tJKXBBdlpzta2x6X3riJhIpLi4UC9Oev0Qxv9WCDSerQqFI9CeyTYekd4T2qm5xkMAGrsTG2xMmMu9pF9ZUhkPEn8dOnO85gEnBcDrlxbnTCOiSDH320ZpKQvTE8\" alt=\"\" width=\"498\" height=\"329\"\/><\/a><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>Key Strengths:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Market Leadership:<\/strong> Coromandel International was one of the leading companies in India&#8217;s agricultural inputs sector, with a significant market share in fertilizers and crop protection products. This leadership position allowed them to influence market dynamics and maintain a strong brand presence.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Diverse Product Portfolio:<\/strong> The company had a wide range of agricultural products, including various types of fertilizers, crop protection products, and customized nutrient management solutions. A diverse product portfolio helped them cater to a broad spectrum of farmer needs.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Distribution Network:<\/strong> Coromandel had an extensive distribution network with dealers and retailers spread across India. This network enabled them to reach farmers in even remote rural areas effectively.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Research and Development:<\/strong> The company invested in research and development to develop innovative and sustainable agricultural solutions. This focus on R&amp;D allowed them to introduce new products that align with changing farmer and regulatory requirements.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Customized Services:<\/strong> Coromandel offered personalized nutrient management solutions and advisory services to farmers, enhancing customer loyalty and promoting product adoption.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Sustainability Initiatives:<\/strong> As the agriculture industry increasingly emphasized sustainability, Coromandel had initiated eco-friendly and sustainable agricultural practices and products. These initiatives aligned with global environmental goals and changing consumer preferences.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><br><strong>Key Weaknesses:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Dependence on the Agriculture Sector:<\/strong> Coromandel&#8217;s business is closely tied to the agriculture sector. As such, it can be vulnerable to fluctuations in agricultural commodity prices, weather patterns, and overall economic conditions in the farming industry.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Input Price Volatility:<\/strong> The prices of raw materials for fertilizer production can be subject to volatility, impacting the company&#8217;s cost structure and profit margins.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Competitive Landscape:<\/strong> The agricultural inputs sector in India is highly competitive, with several domestic and international players. Coromandel faces competition from other well-established companies, which could put pressure on pricing and market share.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Weather-Dependent Demand:<\/strong> The demand for agricultural inputs, particularly fertilizers and crop protection products, can be heavily influenced by weather conditions. Variations in rainfall and climate can lead to fluctuations in demand.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Supply Chain Risks:<\/strong> Disruptions in the supply chain, whether due to transportation issues, labor strikes, or other factors, can affect the availability of products and timely delivery to customers.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>\u201cCoromandel posted a steady performance in Q1 registering a volume growth in fertilizer and sustaining its profitability, despite the challenging business environment of delayed monsoon onset impacting crop growth sowing and agri inputs application. Nutrient and Allied business performance was led by a robust 18% sales volume growth in phosphatic fertilizers. The Crop Protection segment [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":138541,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[9931,6352],"tags":[11546],"class_list":["post-154426","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agricultural-products","category-research-summary","tag-fertilizers"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/01\/dan-meyers-IQVFVH0ajag-unsplash-1.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":140177,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-nse-coromandel-q3-fy23-results-out-total-income-rises-65-yoy\/","url_meta":{"origin":154426,"position":0},"title":"Coromandel International Ltd.(NSE: COROMANDEL)| Q3 FY23 Results Out| Total Income rises 65% yoy","author":"Divyansh_Kasana","date":"February 6, 2023","format":false,"excerpt":"Coromandel International Limited (NSE:COROMANDEL) is an Indian agricultural company that specializes in fertilizers, crop protection, and speciality nutrients. The company operates through three business segments: fertilizers, speciality nutrients, and crop protection. Coromandel is a subsidiary of the Murugappa Group, one of India's largest business conglomerates. 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(NSE: COROMANDEL): Q4FY23 Results Out; Total Income rises 28% YoY.","author":"Divyansh_Kasana","date":"May 15, 2023","format":false,"excerpt":"Coromandel International Ltd. is a prominent agri solutions provider in India, offering a wide array of products and services that span the entire farming value chain. The company specializes in various agricultural inputs such as fertilizers, crop protein, biopesticides, specialty nutrients, and organic fertilizers. With a strong focus on innovation\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/05\/4b0b185d-fd09-4e7e-947d-ef141089055f-4-1.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150119,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-q1fy24-earnings-stay-tuned-for-the-live-earnings-call-and-real-time-transcript\/","url_meta":{"origin":154426,"position":2},"title":"Coromandel International Ltd Q1FY24 Earnings: Stay Tuned for The Live Earnings Call and Real-Time Transcript.","author":"Divyansh_Kasana","date":"July 27, 2023","format":false,"excerpt":"Coromandel International Ltd is a prominent agri solutions provider in India, offering a comprehensive array of products and services throughout the farming value chain. Specializing in fertilizers, crop protection, bio pesticides, specialty nutrients, and organic fertilizers, the company aids farmers in enhancing crop quality and yield while promoting sustainable practices.\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":167504,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-q3fy25-123-rise-in-profits\/","url_meta":{"origin":154426,"position":3},"title":"Coromandel International Ltd Q3FY25; 123% rise in Profits","author":"Divyansh_Kasana","date":"March 21, 2025","format":false,"excerpt":"Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. Financial Results: Coromandel International Ltd reported Revenues for Q3FY25 of \u20b96,935.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/03\/U-13.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":165338,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-q2fy25-13-fall-in-profits\/","url_meta":{"origin":154426,"position":4},"title":"Coromandel International Ltd Q2FY25; 13% fall in Profits","author":"Divyansh_Kasana","date":"November 1, 2024","format":false,"excerpt":"Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. Financial Results: Coromandel International Ltd reported Revenues for Q2FY25 of \u20b97,433.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/10\/SK.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168969,"url":"https:\/\/alphastreet.com\/india\/coromandel-international-ltd-q4fy25-252-rise-in-profits\/","url_meta":{"origin":154426,"position":5},"title":"Coromandel International Ltd Q4FY25; 252% rise in Profits","author":"Divyansh_Kasana","date":"July 1, 2025","format":false,"excerpt":"Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. Financial Results: Coromandel International Ltd reported Revenues for Q4FY25 of \u20b94,988.00 Crores\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/J.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=154426"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/154426\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/138541"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=154426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=154426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=154426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}