Mumbai, May 8: Coromandel International Limited, one of India’s leading agri-solutions providers, announced its financial results for the quarter and full year ended March 31, 2026, reporting strong growth across its nutrient, crop protection, bio-products, specialty nutrients, organic fertilisers, and agri-retail businesses.
For FY26, the company reported consolidated total income of Rs 31,827 crore, registering a 30% growth over Rs 24,444 crore in FY25. EBITDA increased 23% to Rs 3,232 crore, while Profit Before Tax (before exceptional items) rose 13% to Rs 2,688 crore.
On a standalone basis, total income stood at Rs 30,882 crore, up 26% year-on-year, while EBITDA rose 17% to Rs 3,116 crore. Standalone Profit After Tax increased 3% to Rs 2,009 crore.
The Board approved a final dividend of Rs 2 per equity share for FY26. Combined with the interim dividend of Rs 9 per share paid earlier in February 2026, the total dividend for the financial year stands at Rs 11 per equity share.
During the year, Coromandel strengthened its manufacturing and backward integration capabilities by commissioning a 2000 TPD Sulphuric Acid plant and a 650 TPD Phosphoric Acid plant at Kakinada with an investment of approximately Rs 1,100 crore. The company stated that these projects will enhance supply security and support India’s Atmanirbhar Bharat vision in fertilisers.
The company’s rock phosphate project in Senegal ramped up production during the year, supporting raw material requirements for the newly commissioned phosphoric acid facility. Coromandel also confirmed that the fertiliser granulation capacity expansion project at Kakinada is progressing as planned and is expected to be completed by Q4 FY26-27.
Coromandel’s Crop Protection business continued its strong momentum in domestic and international markets, recording 16% revenue growth and a 55% increase in profitability, supported by higher exports, demand for key molecules, and new product launches.
The company’s subsidiary, NACL Industries Ltd, reported a turnaround performance during FY26, posting 28% revenue growth and returning to profitability following operational improvements.
The Agri Retail business also expanded significantly during the year, scaling its network to 1,200 centres with the addition of more than 300 stores across existing and new geographies.
Commenting on the results, S. Sankarasubramanian said,
“Coromandel’s Nutrient business delivered a steady performance in FY26 despite a dynamic operating environment marked by supply disruptions, volatile raw material prices and currency fluctuations. The company strengthened its position in the phosphatic fertiliser segment, achieving sales of 4.3 million tons with 7% growth during the year.”
He further added that the company remains focused on expanding manufacturing capabilities, strengthening farmer engagement, and driving sustainable agricultural growth through innovation and digital initiatives.
