Coromandel International Ltd Q3 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 18 Jul 2026 | Fertilizers & Agrochemicals | Market Cap: ₹61.6K Cr
The specialty nutrient business aims to double its size from Rs. Specialty Nutrients segment aims to double its size from Rs.
From Coromandel International Ltd's Q3 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹1,996
Market Cap
₹61.6K Cr
P/E Ratio
33.0
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Coromandel International Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹6.0K Cr, net profit ₹115 Cr.
Full financials →📊 Revenue & Sales Performance
- →The specialty nutrient business aims to double its size from Rs. 550-600 crores to about Rs. 1100-1200 crores in two years.
- →SSP volumes are targeted to reach 1 million tons in 2 years, with 8 lakh tons expected next year.
- →The company expects continued volume growth through combination of manufacturing expansions (debottlenecking, new plants) and imports.
- →Crop protection exports and formulations are expected to grow steadily, with a focus on expanding in Latin America, Southeast Asia, Europe, and U.S.
- →The retail network is set to double the number of stores from 810 to 1,500+ by FY '27.
- →Nutrient business volume growth is expected but contingent on capacity and imports.
- →Water-soluble fertilizers, high-end specialty nutrients, organics, and bio-products are identified as the next growth pillars.
- →The company is scaling capacities and considering backward integration to reduce import dependence and become a global supplier.
📈 Profitability & Margins
- →Specialty Nutrients segment aims to double its size from Rs. 550-600 crores within 2 years, with EBITDA margins expected to expand to 20-25%.
- →SSP business targeting 1 million ton capacity in 2 years, focusing on value-added products with blended margins around Rs. 2,500 per ton.
- →Expansion of granulation and phosphoric acid capacity at Kakinada and Vizag plants will drive volume and margin improvements over next 2 years.
- →Retail business growing strongly with 20% top-line growth Q3 and 17% profitability growth; aiming to double store count from 810 to ~1,500 by FY 2027.
- →Crop Protection export and domestic formulation businesses targeted for high growth, with new product registrations and geographic expansion underway.
- →Overall EBITDA margin improvement of around 40% expected in next 2 years with commissioning of sulfuric acid and phosphoric acid plants.
- →Positive outlook for drone subsidiary and ag-tech investments to contribute to future earnings.
🏗️ Capital Expenditure Plans
- →Setting up new granulation trains to increase capacity, supported by captive phosphoric acid and sulfuric acid plants at Kakinada.
- →Commissioning of a new 2 lakh tons phosphoric acid and related sulfuric acid plant at Kakinada expected by Q4 FY26.
- →Additional 7.5 lakh tons NPK capacity project at Kakinada initiated (Bhumi Pooja done), expected commercial production by Q4 FY27.
- →Multi-product plant at Ankleshwar approved, targeting commissioning in 18 months.
- →Capital investments are being supported with incentives approved by the Andhra Pradesh State Industrial Promotion Board.
- →Company intends to utilize investable surplus for strategic capital investments.
- →Investments in subsidiaries and ventures like Baobab Mining (rock phosphate supply), agri drones, and ag-tech startups through Dare Ventures.
- →Expanding retail footprint with plans to double stores from 810 to around 1,500 by FY27.
- →Overall focus on backward integration and enhancing specialty nutrient and crop protection capacity.
💰 Fundraising & Capital Structure
- →The document does not explicitly mention any current or planned fundraising through debt or equity.
- →The company is focusing on utilizing investable surplus for capital investments.
- →It has applied for and received incentives on large capital investments from the Andhra Pradesh government.
- →The company continues to deploy surplus funds in Board-approved securities and plans to use them for future strategic investments.
- →There is discussion on capacity expansions and new projects, but no direct mention of raising funds through new debt or equity issuance.
📋 Order Book & Pipeline
- →The drone subsidiary has an order book of approximately Rs. 250 crores from the emergency procurement team on defence.
- →Shipments are pending product delivery inspection (PDI) before dispatch can occur.
- →The company is currently focusing on the agri drones business and pilot training, expecting positive traction in the coming year.
- →No specific pending order details were mentioned for other segments in the provided transcript.
Key Metrics
Frequently Asked Questions
What were Coromandel International Ltd Q3 FY25 results?
The specialty nutrient business aims to double its size from Rs. Specialty Nutrients segment aims to double its size from Rs.
What is Coromandel International Ltd share price analysis?
Coromandel International Ltd currently shows a neutral. The stock trades at a P/E of 33.0 with a market cap of ₹61,552 Cr. Investors should review the full earnings analysis for detailed insights.
Is Coromandel International Ltd planning capital expenditure?
Setting up new granulation trains to increase capacity, supported by captive phosphoric acid and sulfuric acid plants at Kakinada.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.