Coromandel International Limited (COROMANDEL) Earnings Call Transcripts
Coromandel International Limited's Latest Earnings Call - Q4 FY2026
In Q4 FY '26, Coromandel International Limited reported a revenue of INR 6,068 crores, reflecting a 19% increase year-over-year, while full-year revenue reached a record INR 31,827 crores, up 30% from the previous year. However, net profit for the quarter fell to INR 115 crores compared to INR 578 crores in the same quarter last year, primarily due to exceptional income in the prior year. Management signaled ongoing challenges in raw material pricing and availability, particularly in the fertilizer segment, and indicated that government subsidy adjustments are critical for future profitability.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | INR 6,068 crores (beat) |
| Full-Year Revenue | INR 31,827 crores (beat) |
| Net Profit | INR 115 crores (miss) |
| EBITDA | INR 494 crores (beat) |
| Full-Year EBITDA | INR 3,232 crores (beat) |
| Crop Protection Revenue | INR 3,054 crores (positive) |
Guidance from management
Management indicated that securing additional government subsidies is critical for maintaining profitability amid rising raw material costs. They are optimistic about achieving normalcy in pricing and supply in the upcoming quarters.
What management said
These are all very abnormal situations, very difficult to predict how long it will take, but it is very important both for the sector health as well as for the farmer benefit, government responds favorably, which they are looking into it. And it should happen here and now if the production has to continue and fertilizer is to be made available to the farmers. So we do hope that we'll have a yearly resolution on thi...
I need to get back to you on export revenue. Overall revenue is INR 1,584 crores for the full year and INR 361 crores for Q4, but I need to just get back to you on domestic and export breakup. We'll pass this later.
What analysts pressed on
Analysts expressed concerns regarding the sustainability of margins given the rising raw material costs and the adequacy of government subsidies. There is apprehension about potential delays in subsidy adjustments impacting profitability in the near term.
Main topics on the call
- Record Revenue Growth — Coromandel achieved a record revenue of INR 31,827 crores for FY '26, up 30% YoY, with Q4 revenue at INR 6,068 crores, a 19% increase. Management stated, "Operationally, we have done very well... Coromandel has turned ar...
- Profitability Challenges — Net profit for Q4 dropped to INR 115 crores from INR 578 crores YoY, attributed to exceptional income last year. Management noted, "The reported profit is modest... due to this variation of almost INR 418 crores during t...
- Raw Material Price Pressures — Management highlighted significant increases in raw material prices, particularly ammonia and sulfur, affecting margins. They stated, "Prices of ammonia sulfur has gone up exorbitantly higher," indicating potential for f...
- Subsidy Dependency — The company emphasized the need for additional government subsidies to manage rising costs, with management stating, "We need to have additional subsidy and some pass on will also happen." This remains a critical factor ...
Read the full Coromandel International Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About Coromandel International Limited
Coromandel International Limited (COROMANDEL) is a publicly listed company in the Chemicals industry, within the Materials sector. It trades on NSEI and is based in IN. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 25 calls on record spanning February 3, 2020 to July 24, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 25 Coromandel International Limited earnings call transcripts on record, spanning February 3, 2020 to July 24, 2026. Based on this history, Coromandel International Limited reports quarterly. The most recent call on file is dated July 24, 2026. The full list is below — each row opens the complete, free-to-read transcript.