COROMANDEL / Q4-FY25 / risks

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Coromandel International · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ4-FY25 · 2025-05-15Back to quarter ↗

Risk intelligence

Material risks this quarter

Raw material price volatility

Sulfur prices surged by $120/ton and phosphoric acid by $98/ton in Q4, which could compress margins if not passed through.

high

NACL integration and debt burden

NACL carries high debt and interest costs; management was vague on timeline for debt reduction, raising execution risk.

medium

Capacity constraints before new plants

Until the Kakinada granulation plant comes online in FY27, volume growth may be limited by existing capacity, increasing reliance on trading.

medium