Coromandel International Posts Strong Q1 FY27 Results with Consolidated Revenue Up 16% YoY to ₹8,164.77 Crore

Leading agri-solutions provider Coromandel International Limited (CIN: L24120TG1961PLC000892) today announced its unaudited standalone and consolidated financial results for the first quarter of Financial Year 2026-2027 (Q1 FY27) ended June 30, 2026.

The company recorded significant sequential and year-on-year growth in operational revenue across both its standalone and consolidated operations, driven by sustained demand in its core nutrient and crop protection businesses.

Consolidated Financial Performance

Coromandel International reported a consolidated revenue from operations of ₹8,164.77 crore for Q1 FY27, marking a 15.94% year-on-year increase compared to ₹7,042.30 crore recorded in Q1 FY26. Sequentially, consolidated revenue grew by 35.99% over the ₹6,003.66 crore posted in Q4 FY26.

Total consolidated income for the quarter stood at ₹8,214.58 crore, supported by ₹49.81 crore in other income.

Consolidated Profit Before Tax (PBT) reached ₹513.68 crore, registering a steep jump from ₹227.65 crore recorded in the preceding quarter (Q4 FY26), while comparing to ₹677.28 crore in Q1 FY26.

Net profit after tax (PAT) for the quarter came in at ₹381.56 crore, up significantly from ₹114.64 crore in Q4 FY26. Net profit attributable to owners of the company stood at ₹380.82 crore, while non-controlling interests accounted for ₹0.74 crore.

Total comprehensive income on a consolidated basis stood at ₹369.74 crore for Q1 FY27. Consolidated basic and diluted Earnings Per Share (EPS) for the quarter rose to ₹12.92 per equity share of face value ₹1 each, up from ₹4.75 in Q4 FY26.

Standalone Performance Highlights

On a standalone basis, revenue from operations reached ₹7,743.55 crore in Q1 FY27, reflecting a 10.60% YoY increase from ₹7,101.32 crore in Q1 FY26 and a 36.79% QoQ surge from ₹5,660.90 crore in Q4 FY26.

Total standalone income stood at ₹7,792.31 crore, with other income contributing ₹48.76 crore.

Profit Before Tax (PBT) on a standalone basis came in at ₹505.34 crore, compared to ₹261.43 crore in Q4 FY26 (which was impacted by an exceptional impairment charge of ₹125.15 crore) and ₹684.54 crore in Q1 FY26.

Standalone Net Profit After Tax (PAT) for Q1 FY27 stood at ₹376.96 crore, compared to ₹154.31 crore in the previous quarter and ₹508.23 crore in the corresponding quarter of the previous year.

Total standalone tax expenses for the quarter were ₹128.38 crore, comprising ₹109.67 crore in current tax and ₹18.71 crore in deferred tax. Standalone EPS stood at ₹12.78 per equity share.

Operational Expenditure Profile

Total consolidated expenses for the quarter amounted to ₹7,700.90 crore, up from ₹5,769.93 crore in Q4 FY26 and ₹6,448.72 crore in Q1 FY26.

Major cost drivers on a consolidated basis included:

- Cost of Raw and Packing Materials Consumed: ₹4,615.19 crore
- Purchases of Traded Goods: ₹2,667.18 crore
- Freight and Distribution Expenses: ₹431.34 crore
- Employee Benefits Expense: ₹300.83 crore
- Other Expenses: ₹494.84 crore
- Finance Costs: ₹89.02 crore
- Depreciation and Amortisation: ₹202.76 crore


Inventory Adjustment: Changes in inventories of finished goods, work-in-progress, and traded goods stood at ₹(1,100.26) crore.

Segment-Wise Performance

Revenue Breakdown

Nutrient and Other Allied Business: Generated consolidated segment revenue of ₹6,951.03 crore in Q1 FY27, compared to ₹6,351.73 crore in Q1 FY26 and ₹4,952.50 crore in Q4 FY26. On a standalone basis, the segment delivered ₹6,910.49 crore.

Crop Protection: Achieved consolidated segment revenue of ₹1,250.76 crore, posting a 72.55% YoY jump compared to ₹724.85 crore in Q1 FY26 and ₹1,076.25 crore in Q4 FY26. Standalone crop protection revenue stood at ₹870.08 crore.

Inter-Segment Revenue: Stood at ₹37.02 crore across both standalone and consolidated reporting.

Segment Results

Nutrient and Other Allied Business: Delivered a consolidated segment result of ₹478.91 crore in Q1 FY27, compared to ₹244.44 crore in Q4 FY26 and ₹629.48 crore in Q1 FY26. Standalone segment results stood at ₹469.88 crore.

Crop Protection: Delivered a consolidated segment result of ₹170.15 crore, up 53.07% YoY from ₹111.16 crore in Q1 FY26 and ₹120.29 crore in Q4 FY26. Standalone segment results stood at ₹158.81 crore.

Balance Sheet Position and Segment Assets

As of June 30, 2026, Coromandel International's consolidated total assets expanded to ₹27,480.02 crore, up from ₹24,503.43 crore as of March 31, 2026. Consolidated liabilities stood at ₹13,966.32 crore compared to ₹11,370.25 crore as of March 31, 2026.

Segment asset allocations on a consolidated basis as of June 30, 2026, were:

Nutrient and Other Allied Business Assets: ₹19,632.97 crore

Crop Protection Assets: ₹4,926.82 crore

Unallocable Assets: ₹2,920.23 crore

Standalone total assets as of June 30, 2026, stood at ₹25,370.47 crore, supported by a paid-up equity share capital of ₹29.50 crore (comprising shares of face value ₹1 each).

Shares of Coromandel International Limited was last trading in BSE at Rs. 2024.50 as compared to the previous close of Rs. 2035.95. The total number of shares traded during the day was 6384 in over 735 trades.

The stock hit an intraday high of Rs. 2062.30 and intraday low of 1998.80. The net turnover during the day was Rs. 12931326.00.

Source : Equity Bulls

Keywords

CoromandelInternational INE169A01031 Fertilizers Q1FY27 Q1FY2027 ResultUpdate