Coromandel International has fixed July 16, 2026, as the record date to determine shareholder eligibility for the final dividend for the financial year 2025-26. The company announced that its 64th Annual General Meeting (AGM) will be convened on July 23, 2026, at 3:30 p.m. IST through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The Register of Members and Share Transfer Books will remain closed from July 17, 2026, to July 23, 2026, for the purpose of the AGM and dividend payment.

The meeting will be conducted without the physical presence of members at a common venue, in compliance with the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Notice of the 64th AGM along with the Integrated Annual Report for the FY ended March 31, 2026, has been sent electronically to members whose email IDs are registered with the company or their respective Depository Participants.

Members can participate in the AGM and cast their votes through the remote e-voting system provided by National Securities Depository Limited (NSDL). The remote e-voting period commences at 9:00 a.m. IST on July 20, 2026, and ends at 5:00 p.m. IST on July 22, 2026. The cut-off date for e-voting eligibility is July 16, 2026.

Shareholders holding physical shares who have not registered their email addresses are required to update their details with KFin Technologies Limited, the Registrar and Share Transfer Agent. The company emphasized that dividend income is taxable in the hands of members, and tax deducted at source (TDS) will apply to the final dividend for FY 2025-26 if approved at the AGM.

TDS rates will vary depending on the residential status of the members and the documents submitted. The company has outlined specific documents required for different categories of shareholders to ensure appropriate tax deduction. For instance, resident individual shareholders with PAN may need to submit Form 15G or 15H, while non-resident shareholders must provide declarations such as Tax Residency Certificate and No Permanent Establishment Declaration.

Furthermore, SEBI mandates that dividends for security holders in physical form must be paid only through electronic mode. Consequently, members holding physical shares must register an Electronic Bank Mandate to receive dividends directly into their bank accounts. Failure to update bank account details, email IDs, mobile numbers, and KYC information may result in non-remittance of dividends.

*Note: If PAN is not correct/invalid/inoperative, then tax will be deducted at a higher rate and credit of TDS will not be available.

Coromandel International Limited has filed its Integrated Annual Report for the financial year ended March 31, 2026, with stock exchanges pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report covers the company's 64th Annual General Meeting, scheduled for Thursday, July 23, 2026 at 3:30 PM IST via Video Conferencing, and reflects a year of strong operational performance, strategic acquisitions, and significant capital deployment across core and growth businesses.

Financial Performance: Standalone and Consolidated Highlights

Coromandel delivered robust financial results in FY 2025-26 despite a challenging external environment marked by raw material inflation, rupee depreciation, subsidy mismatches, and geopolitical disruptions in the Middle East. The following table summarises key standalone and consolidated financial metrics:

The Board recommended a final dividend of ₹2 per equity share for FY 2025-26, in addition to the interim dividend of ₹9 per equity share paid during the year, bringing the total dividend to ₹11 per equity share. The total dividend outflow for the year amounts to ₹324 crore, inclusive of Tax Deducted at Source. The following table presents multi-year consolidated financial trends:

Business Performance: Fertilisers, Crop Protection, and Retail

The fertiliser business registered its highest-ever sales volumes during FY 2025-26, with DAP and NPK volumes reaching 42.8 lakh metric tonnes and SSP sales at 8.4 lakh metric tonnes — the highest ever for the SSP segment. Coromandel affirmed its position as India's largest phosphatic fertiliser company by Point of Sale (PoS) sales volume for the second consecutive year. Total fertiliser sales reached a record 74.5 lakh metric tons. The company commissioned a 2,000 TPD Sulphuric Acid plant and a 650 TPD Phosphoric Acid plant at Kakinada in Q4, strengthening backward integration. The Kakinada facility is on course to reach a total capacity of 30 lakh tonnes upon commissioning of the 7.5 lakh tonne NPK granulation train (Train H), expected by Q4 FY 2026-27.

The Crop Protection Chemicals (CPC) segment delivered record profitability, with CPC EBITDA crossing ₹500 crore, supported by improved domestic B2B and export margins and the Mancozeb platform. A 9,000 MT Mancozeb project at Dahej was commissioned in January 2026. The company completed the acquisition of a 53.13% controlling stake in NACL Industries Limited for ₹820 crore at ₹76.7 per share. NACL delivered revenue growth of 28% to ₹1,584 crore during the year. With the acquisition, Coromandel has become the fourth largest Indian Agchem player.

The Retail business expanded its network with a net addition of 320 new stores, taking the total store count to approximately 1,200. Retail revenue grew by 31% and EBITDA by 29%. Nano fertilisers recorded 76% EBITDA growth, while the Bio segment delivered 27% EBITDA growth. The Nano DAP segment achieved approximately 50% market share in India. The Speciality Nutrients business delivered its highest-ever revenue, led by strong traction in sulphur and micronutrients.

Capital Expenditure and Strategic Investments

Capital expenditure during FY 2025-26 stood at ₹1,337 crore, directed towards capacity expansion, backward integration, and strengthening growth platforms. Between FY21 and FY26, the company made investment commitments for organic and inorganic expansion of close to ₹7,000 crore. The sulphuric acid plant at Vizag, commissioned in FY24, has already generated savings of nearly ₹400 crore. Coromandel increased its equity stake in Baobab Mining and Chemicals Corporation (BMCC), Senegal, to 71.5%, strengthening raw material security for its phosphoric acid operations.

Key Financial Ratios

The following table presents key financial ratios for FY 2025-26 and FY 2024-25:

Tax Contribution

During the year, Coromandel reported an effective tax rate of 27% and paid ₹724 crore in cash taxes. The following table summarises the tax reporting for recent years:

ESG, Safety, and Governance

Coromandel was awarded the Responsible Care Certification by the Indian Chemical Council in April 2026, valid through March 2029, becoming the 97th company in India to earn this distinction. The Kakinada facility received the British Safety Council's Sword of Honour. The Total Recordable Injury Rate (TRIR) stood at 0.25. The company's Scope 1 and Scope 2 GHG emissions stood at 2,78,564 tCO₂e for FY 2025-26, with total Scope 3 emissions at 5,159,431 tCO₂e. Water recycled and reused increased by 57% to 6,23,921 KL. The company maintained 100% EPR compliance for plastic waste, managing 18,433 MT under its EPR obligation. CSR spend for the year stood at ₹49 crore, reaching more than 15.28 lakh beneficiaries.

The Board as on March 31, 2026 comprised 10 Directors, with 6 Independent Directors, reflecting 60% independent representation. As on April 30, 2026, the Board comprised 12 Members, consisting of 6 Executive Directors and 6 Independent Directors. The company's credit ratings were reaffirmed at CRISIL AAA (Stable) and IND AAA (Stable), with short-term ratings at CRISIL A1+ and IND A1+. The 64th Annual General Meeting is scheduled for July 23, 2026, with a record date of July 16, 2026 for the final dividend.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE169A01031/603d057a80e94827.pdf