Coromandel International

Coromandel reported record full-year revenue of INR 31,827 croreCurrent reported value: INR 31,827 crore. No comparable prior figure is available in the source record. (+30Current 30 crore vs previous available quarter 26 crore.% YoY) and EBITDA of INR 3,232 croreCurrent ₹3,232 crore vs previous available quarter ₹805 crore. (+23% YoY), driven by strong performance in crop protection (standalone revenue +16% to INR 3,054 crore, EBITDA +53% to INR 516 croreCurrent INR 516 crore. Reported change: +53% YoY.) and record fertilizer sales of 4.3 million tons (+7% YoY). However, Q4 PAT fell to INR 115Current reported value: 115. No comparable prior figure is available in the source record. crore (vs INR 578 crore last year) due to exceptional items (land sale gain last year vs impairment this year). The fertilizer margin compressed as raw material prices surged post Middle East crisis, with subsidy share in EBITDA dropping to 57% in Q4. Management flagged acute raw material availability and pricing challenges for Q2, but expects government support via additional subsidy. The newly commissioned phosphoric acid plant and Senegal mine expansion provide structural cost advantages. Risk: if government does not provide timely subsidy relief, fertilizer margins could remain under severe pressure in H1 FY27.