Coromandel International Ltd — earnings calls

Coromandel reported consolidated total income of Rs 8,215 crores for Q1 FY27, up 15% year-on-year, while EBITDA declined 3% to Rs 761 crores due to higher input costs from the West Asia crisis. Management described fertilizer production being deliberately moderated amid elevated sulphur and phosphoric acid prices, while the crop protection, specialty nutrients, and retail businesses posted strong growth. The company also discussed government policy developments including a national urea investment policy and a pilot QR-code based fertilizer traceability framework.

Coromandel International reported Q4 FY26 consolidated revenue of INR 6,068 crores, up 19%, and EBITDA of INR 494 crores, up 16%, while net profit fell to INR 115 crores from INR 578 crores due to an exceptional land-sale gain last year and an impairment on Dhaksha investments this year. For the full year, revenue reached INR 31,827 crores and EBITDA was INR 3,232 crores, with the crop protection business and NACL subsidiary showing strong growth in revenue and profitability. Management described a challenging raw material environment due to the Middle East crisis affecting Ammonia and Sulphur supply and pricing, and said discussions with the government on additional fertilizer subsidy support were ongoing.