Coromandel International Limited — Investor Meet, 09-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Coromandel’s Q4 FY25 consolidated income rose 28% QoQ to Rs. 5,114 Cr and 10% YoY to Rs. 24,444 Cr for FY25, led by volume gains. EBITDA increased 56% QoQ to Rs. 426 Cr with margin improvement in crop protection. Fertilizer sales hit record phosphatic volumes with 13% growth, while crop protection revenue grew 7% to Rs. 2,637 Cr supported by better product mix and microbial R&D. Retail scaled to 900+ centers, 99% profitable, with growth in drone spraying and digital channels. Capex on phosphoric and sulfuric acid expansions and granulation plant targets FY26-27. NACL acquisition expected by Q2 FY26 to boost crop protection scale and margins. Management is confident on high double-digit growth in crop protection, steady specialty nutrients expansion, and rapid retail break-even, despite raw material cost volatility.