Coromandel International Limited
1,778.00
INR
-12.90
(-0.72%)
ISIN
INE169A01031
Return %
Stock
S&P 500
1Y
-18.27
14.20
3Y
56.29
81.12
5Y
115.52
68.34
Capital Structure
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in mil. unless spec.Company Description
- CEO
- S. Sankarasubramanian
- Full Time Employees
- 21,464
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Olympia Terraces, No. 15B(SP) Chennai TN India 600032
- IPO Date
- Feb 14, 1995
- Website
- coromandel.biz
- Similar Companies
- Business
- Coromandel International Limited manufactures and markets fertilizers, crop protection chemicals, specialty nutrients and biopesticides across India and international markets. The company operates in two primary segments, namely nutrient and allied businesses including phosphatic fertilizers such as Gromor, Godavari, Paramfos, Parry Gold and Parry Super complex fertilizers, water-soluble fertilizers, sulphur pastilles, micronutrients, bentonite sulphur, liquid fertilizers like AcuMist Zinc, plant growth regulators, soil conditioners and organic nutriboosters; and crop protection encompassing insecticides, fungicides, herbicides and neem-based biopesticides. It also provides retail and advisory services through approximately 800 Mana Gromor Centres in Andhra Pradesh, Telangana, Karnataka and Maharashtra, offering farm inputs, soil testing, crop planning, digital platforms for weather and market updates, drone spraying services covering around 40,000 acres and farm mechanization to over 3 million farmers; additionally, it exports fertilizers, pesticides and industrial chemicals globally. Founded in 1961 and headquartered in Secunderabad, India, Coromandel International functions as a subsidiary of EID Parry within the Murugappa Group and maintains sixteen manufacturing facilities across states including Andhra Pradesh, Tamil Nadu, Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh and Jammu and Kashmir, with a total fertilizer production capacity of about 2.2 million metric tonnes annually. Recent developments include the acquisition of a 53% stake in NACL Industries for Rs 820 crore completed in August 2025 followed by an additional investment of up to Rs 250 crore in its rights issue and up to 8.82% more in related entity BMCC in Senegal; approval of Rs 800 crore capex for expanding granulation capacity by 7.5 lakh tonnes at Kakinada, establishing a multi-product plant for off-patent fungicides at Ankleshwar and a Rs 2,000 crore green ammonia, green hydrogen and fertilizer project in Andhra Pradesh; launch of ten new crop protection products, Fitsol Grapes customized nutrition solution and scaling of retail footprint with 45 new stores; a long-term MoU with Saudi Arabia's Ma'aden for di-ammonium phosphate supply; and plans to set up a wholly-owned subsidiary in the Philippines with up to USD 200,000 investment.