StockWatch
·
Fertilizers
Quarterly Result6 Nov 2026, 05:41 pm

Coromandel International Q2 FY27 Results: Revenue Up 6%, PAT Down 33%

AI Summary

Coromandel International announced its Q2 FY27 financial results, reporting a 6% consolidated revenue growth to ₹10,348 Crores. However, EBITDA saw an 18% decline to ₹944 Crores, and Profit After Tax (PAT) decreased by 34% to ₹523 Crores. For the half-year ended September 30, 2026, consolidated revenue grew 10% to ₹18,563 Crores, while PAT fell 30% to ₹905 Crores. The company attributed the margin pressure in its Fertiliser business to increased raw material costs and subsidy rates. Key initiatives include new NPK fertiliser capacity expected by Q4 FY27 and additional Crop Protection capacity by Q3 FY27. The retail business expanded by nearly 100 stores, reaching over 1300.

Key Highlights

  • Consolidated revenue grew 6% in Q2 FY27 and 10% in H1 FY27.
  • EBITDA declined 18% in Q2 and 12% in H1 due to margin pressure.
  • PAT fell 33-34% in Q2 and 30% in H1.
  • Fertiliser margins impacted by raw material costs and subsidies.
  • Expansion in NPK capacity and Crop Protection underway.