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Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc.
Coromandel's subsidiary, Dhaksha Unmanned Systems, inaugurated a new drone manufacturing facility in Kancheepuram, boosting indigenous capabilities for agriculture, defense, and enterprise. Two new agricultural drone models, DH Agrigator E10 Prime and E10 Eco, were launched, enhancing product offerings for various farming needs.
Coromandel International reported Q1FY27 consolidated total income of INR 8,215 Cr (+15%), but EBITDA dipped 3% to INR 761 Cr due to high input costs and unadjusted subsidy rates. Net profit was INR 382 Cr. Fertilizer margins faced pressure, with management seeking revised NBS rates. Despite production moderation, fertilizer market...