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.
Coromandel International · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Sulfur prices surged by $120/ton and phosphoric acid by $98/ton in Q4, which could compress margins if not passed through.
NACL carries high debt and interest costs; management was vague on timeline for debt reduction, raising execution risk.
Until the Kakinada granulation plant comes online in FY27, volume growth may be limited by existing capacity, increasing reliance on trading.