Coromandel International Limited — Investor Meet, 15-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Coromandel International (CIL) reported record FY26 revenue of ₹31,827 Cr (+30% YoY) & EBITDA of ₹3,232 Cr. Q4 saw revenue up 19% to ₹6,068 Cr. Profitability was impacted by an impairment in the drone business. While fertilizer margins are squeezed by high raw material costs and subsidy uncertainty, non-subsidy segments like Crop Protection (standalone revenue ₹3,054 Cr, +15%) and Retail (+30%) showed strong growth. CIL is expanding capacities, integrating backward, and sees potential for Nano DAP. Management is actively engaging with the government on fertilizer subsidies, acknowledging a fluid situation, but remains positive on strategic investments & diversification.