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. 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.

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.

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/INE169A01031/0b1e319e-e302-4af7-a4a8-f0981843b925.pdf

Coromandel International Limited has filed its Business Responsibility and Sustainability Report for the financial year 2025-26 with the National Stock Exchange of India Limited and BSE Limited. The report provides a comprehensive overview of the company's adherence to the National Guidelines on Responsible Business Conduct (NGRBC) and details its environmental, social, and governance (ESG) performance. The company identified sustainable agriculture and soil health as a key opportunity, while water stewardship, biodiversity management, and GHG emissions were flagged as material risks requiring mitigation strategies.

Governance and Assurance

The Corporate Social Responsibility & Sustainability Committee, chaired by Executive Chairman Mr. Arun Alagappan, oversees the company's sustainability roadmap. Sridharan & Sridharan Associates, Company Secretaries, certified compliance with corporate governance conditions for the financial year ended March 31, 2026. Additionally, TUV India provided reasonable assurance for the BRSR reporting. The company reported that it had not paid any fines, penalties, or compounding fees during the financial year.

Environmental Performance

Coromandel reported a total energy consumption of 2,658,877 GJ for FY 2025-26, with energy intensity per rupee of turnover recorded at 0.00000870 GJ. The company’s total Scope 1 and Scope 2 emissions stood at 278,564 metric tons of CO2 equivalent. Water withdrawal totalled 8,632,487 kilolitres, with consumption at 7,859,251 kilolitres. The company has implemented Zero Liquid Discharge (ZLD) systems across significant operations, including all SSP plants and the Kakinada fertiliser plant. To mitigate environmental impact, the company recycled 18,433 MT of plastic waste under the Extended Producer Responsibility framework.

Social and Stakeholder Engagement

The company employed 5,085 permanent employees and 16,379 workers as of March 31, 2026. Women constituted 6% of the permanent workforce and 2% of the total workforce. The board of directors included one female member, representing 10% of the board. Regarding grievance redressal, the company received 130 shareholder complaints and 274 customer complaints during the year, all of which were resolved. Six complaints were reported by employees under the whistle blower mechanism, with two pending resolution at year-end.

Financial and Operational Metrics

The company reported a turnover of ₹30,531 Crores and a net worth of ₹12,474 Crores. It operated 18 manufacturing plants and 8 offices nationally, serving 19 states and union territories in India and 46 countries internationally. The contribution of exports to total turnover was 4.36%. The report highlighted that 100% of raw materials were sourced sustainably, and the company spent 0.08% of its total revenue on employee well-being measures.