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COROMANDEL - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.8

Last Updated Time : 19 Mar 26, 07:10 pm

Fundamental Rating: 3.8

Stock Code COROMANDEL Market Cap 59,630 Cr. Current Price 2,023 ₹ High / Low 2,720 ₹
Stock P/E 27.5 Book Value 410 ₹ Dividend Yield 0.59 % ROCE 24.6 %
ROE 17.5 % Face Value 1.00 ₹ DMA 50 2,191 ₹ DMA 200 2,207 ₹
Chg in FII Hold -0.72 % Chg in DII Hold 0.91 % PAT Qtr 530 Cr. PAT Prev Qtr 816 Cr.
RSI 38.1 MACD -73.7 Volume 1,74,491 Avg Vol 1Wk 2,81,963
Low price 1,855 ₹ High price 2,720 ₹ PEG Ratio 3.45 Debt to equity 0.05
52w Index 19.4 % Qtr Profit Var 0.86 % EPS 76.1 ₹ Industry PE 17.9

📊 Core Financials

  • Revenue Growth: Stable, but PAT dropped (₹530 Cr vs ₹816 Cr)
  • Profit Margins: EPS ₹76.1, decent profitability
  • Debt Ratio: Very low (Debt-to-Equity 0.05)
  • Cash Flows: Supported by consistent operations
  • Return Metrics: ROCE 24.6%, ROE 17.5% — solid but not outstanding

💹 Valuation Indicators

  • P/E Ratio: 27.5 (above industry PE of 17.9, overvalued)
  • P/B Ratio: ~4.9 (premium valuation)
  • PEG Ratio: 3.45 (high, growth priced expensively)
  • Intrinsic Value: Current price ₹2,023 is near lower band (₹1,855), offering cautious entry

🏢 Business Model & Competitive Advantage

  • Leading agrochemical and fertilizer company in India
  • Strong distribution network and brand presence
  • Low debt enhances financial resilience
  • Dividend yield of 0.59% adds shareholder value, though modest

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: ₹1,860–₹2,050 range (near support levels)
  • Long-Term Holding: Suitable for investors seeking exposure to agriculture sector growth
  • Risk: Weak earnings growth and high PEG ratio may limit upside


✅ Positive

  • Low debt ensures strong financial stability
  • Solid ROCE and ROE metrics
  • Strong market presence in agrochemicals and fertilizers

⚠️ Limitation

  • P/E ratio higher than industry average, indicating overvaluation
  • Dividend yield is modest compared to peers
  • Stock trading below DMA 50 & DMA 200, showing weak momentum

📰 Company Negative News

  • Decline in FII holdings (-0.72%) shows reduced foreign investor confidence
  • PAT dropped significantly from ₹816 Cr to ₹530 Cr

🌟 Company Positive News

  • DII holdings increased (+0.91%), showing domestic investor support
  • Debt-to-equity ratio at 0.05, indicating strong balance sheet

🏦 Industry

  • Agriculture and agrochemical sector with long-term demand
  • Industry PE at 17.9, COROMANDEL trades above this, showing premium valuation
  • Government support for agriculture enhances sector growth prospects

🔎 Conclusion

  • COROMANDEL offers stability with low debt and strong market presence
  • Valuation is expensive compared to industry peers
  • Entry near ₹1,860–₹2,050 is favorable for long-term conservative investors
  • Best suited for portfolios seeking exposure to agriculture sector growth with moderate risk tolerance

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