Coromandel International Ltd

Coromandel International has executed a non-binding Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh, on 13 November 2025. This MoU outlines a proposed investment of up to Rs 2,000 crore subject to necessary approvals, towards various initiatives aligned with the Company's business objectives and aimed at contributing to the industrial development of Andhra Pradesh. The MoU serves as a framework to facilitate the execution of these projects in a time-bound manner, in accordance with the prevailing policies, rules, and regulations of the Government of Andhra Pradesh. Powered by Capital Market - Live

Net profit of Coromandel International rose 21.28% to Rs 805.33 crore in the quarter ended September 2025 as against Rs 664.05 crore during the previous quarter ended September 2024. Sales rose 29.88% to Rs 9654.13 crore in the quarter ended September 2025 as against Rs 7432.83 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales9654.137432.83 30 OPM %11.8812.94 - PBDT1161.21960.83 21 PBT1059.45891.85 19 NP805.33664.05 21 Powered by Capital Market - Live

Coromandel International will hold a meeting of the Board of Directors of the Company on 30 October 2025.Powered by Capital Market - Live

The board of Coromandel International at its meeting held on 22 September 2025 has approved setting up of a technical mono ammonium phosphate (TMAP) plant at Visakhapatnam. Powered by Capital Market - Live

Coromandel International has acquired 5,435 equity shares of NACL Industries (NACL) at the offer price of Rs. 76.70/- per equity share from the public shareholders of NACL which were tendered during the tendering period of the open offer made by the Company in accordance with applicable regulations of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Pursuant to this acquisition, the Company owns in aggregate 10,69,12,581 equity shares (representing 53.08% of the voting share capital) of NACL. Powered by Capital Market - Live

The agency has also affirmed the company's short-term rating at 'IND A1+'. India Ratings & Research stated that the affirmation reflects CIL's strong business profile as India's second-largest phosphatic fertilizer player and largest single super phosphate (SSP) player. Its EBITDA margins remain resilient due to backward integration for sourcing of fertilizer raw material, improving proportion of non-subsidy revenue and healthy contribution from unique formulations. CIL's strong credit metrics are driven by a healthy EBITDA generation and capex funded through internal accruals. The liquidity position of the company is adequate, backed by healthy cash balances, liquid investments, and inter-corporate deposits. However, factors like deterioration in the operating profitability or any adverse regulatory policy movement and/or the consolidated net leverage exceeding 1.0x on a sustained basis could lead to a negative rating action. Coromandel International, a flagship company of the Murugappa Group, operates in two segments: crop protection chemicals (CPC) and nutrients and allied business (NAB). The NAB segment comprises of phosphatic fertilisers (di-ammonium phosphate, complexes, single super phosphate, muriate of potash); specialty nutrients and organic fertilisers (G-sulphur, water soluble fertilisers, organic manure); and the retail stores business that provides agri inputs and agri services. The CPC segment comprises technical materials, formulations and biopesticides. Its facilities are spread across India but are largely concentrated in south India. The company's consolidated net profit jumped 62.40% to Rs 505.01 crore on a 48.92% increase in revenue to Rs 7,042.30 crore in Q1 FY26 as compared with Q1 FY25. The scrip shed 0.60% to currently trade at Rs 2407 on the BSE. Powered by Capital Market - Live

Coromandel International announced the successful closure of the Share Purchase Agreement (SPA) for the acquisition of promoter shareholding in NACL Industries (NACL). With this transaction, Coromandel has formally acquired a controlling stake of 53% in NACL. The ongoing Open Offer to acquire up to 26% additional stake from public shareholders under the SEBI Takeover Regulations remains in process and shall follow the prescribed regulatory timelines. Following the 53% stake acquisition, Natarajan Srinivasan, S Sankarasubramanian and Dr. Raghuram Devarakonda have joined the Board of NACL Industries today. In addition, the Board of NACL Industries, at its meeting held today, approved the appointment of Dr. Raghuram Devarakonda as Managing Director & CEO. He previously served as Executive Director, Crop Protection, Bio Products and Retail businesses at Coromandel and brings with him extensive leadership experience and deep domain expertise across the value chain.Powered by Capital Market - Live

Net profit of Coromandel International rose 62.40% to Rs 505.01 crore in the quarter ended June 2025 as against Rs 310.97 crore during the previous quarter ended June 2024. Sales rose 48.92% to Rs 7042.30 crore in the quarter ended June 2025 as against Rs 4728.83 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales7042.304728.83 49 OPM %11.1110.37 - PBDT797.86487.02 64 PBT677.28421.76 61 NP505.01310.97 62 Powered by Capital Market - Live

The Board of Coromandel International at its meeting held on 24 July 2025 has approved the acquisition of additional 17.69% equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal through Coromandel Chemicals (CCL), a wholly owned subsidiary of the Company. This will result in an increase in stake held by CCL from the current 53.82% to 71.51%. Powered by Capital Market - Live

Coromandel International will hold a meeting of the Board of Directors of the Company on 24 July 2025.Powered by Capital Market - Live