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Coromandel International Limited (COROMANDEL) Fair Value & Analysis

Basic Materials · IN · Market cap ₹599B

CI Coromandel International Limited COROMANDEL · NSE
Price₹2,069
Fair Value₹1,129
Upside-45.4%
Quality50/100
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Expensive Growth
Thin margins · 6.2% net margin
Low debt · negative free cash flow
0.54% dividend yield
Mixed vs. peers (6/13)
Moderate moat 53/100
Evidence: High Range ₹846.90 – ₹1,412 Share as image

Fair value as of: Jul 18, 2026

From 17 valuation models · updated 22 days ago

Share price +3.1% over the past month.

A solid business, but screening 45% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (₹1,412). The favourable scenario is already priced in.
  • Solid but not exceptional quality (50/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹2,678 ₹686.54 Fair Value ₹1,129 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range ₹686.54 – ₹2,678 · fair‑value band ₹846.90 – ₹1,412 · the ₹2,069 price screens above the ₹1,129 fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Coromandel International Limited (COROMANDEL) currently trades at ₹2,069, while our model-based Fair Value estimate is ₹1,129, implying the stock looks roughly 45.4% overvalued today. The Quality Score stands at 50/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Coromandel International Limited generated revenue of ₹315B at a net margin of 6.2%. Revenue grew 20.4% year over year. It earns a return on equity of 15.6%. Net debt stands at ₹10.1B. Fundamentals as of Jul 18, 2026

Our scenario range runs from ₹846.90 (bear case) to ₹1,412 (bull case); at ₹2,069, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -13% fair-value upside, at -45%, COROMANDEL screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income ₹458.59 ₹606.84 ₹1,932 76
ROIC Compounder ₹791.34 ₹1,123 ₹1,594 72
Gordon GGM ₹172.73 ₹377.11 ₹634.50 70
All 17 models by family
DCF Models
Owner Earnings ₹477.43 ₹931.15 ₹1,801 31
Earnings-Based
Graham-Dodd ₹451.68 ₹2,378 ₹3,292 54
Lynch FV ₹653.74 ₹933.91 ₹1,214 50
PEG = 1.0 ₹653.74 ₹933.91 ₹1,214 46
EPV ₹680.75 ₹798.41 ₹902.99 59
Dividend Discount
Gordon GGM ₹172.73 ₹377.11 ₹634.50 70
DDM Multi-Stage ₹172.73 ₹308.91 ₹393.00 61
Multiples
P/E Multiple ₹846.90 ₹1,129 ₹1,412 63
P/S Multiple ₹846.90 ₹1,129 ₹1,412 58
P/B Multiple ₹846.90 ₹1,129 ₹1,412 55
EV/EBIT ₹970.44 ₹1,289 ₹1,608 53
EV/EBITDA ₹833.08 ₹1,106 ₹1,379 54
EV/Revenue ₹842.92 ₹1,198 ₹1,553 43
Asset-Based
NCAV (Graham) ₹213.21 ₹285.70 ₹426.42 50
Economic Profit
Residual Income ₹458.59 ₹606.84 ₹1,932 76
ROIC Compounder ₹791.34 ₹1,123 ₹1,594 72
Growth Earnings
Growth-Adj P/E ₹875.78 ₹1,251 ₹1,626 68

Widest divergence: Growth Earnings (₹1,251) versus Asset-Based (₹285.70). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) ₹315B
Revenue growth (YoY) +20.4%
Net margin 6.2%
Return on equity 15.6%
Free cash flow −₹1.0B FY2026
P/E ratio 30.7
More key figures
Operating margin 8.2%
EPS (TTM) ₹66.33
Dividend yield 0.5%
EPS growth (YoY) -75.8%
Net debt ₹10.1B FY2026

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 50/100

Of which business quality 49 · Market factors (momentum, volatility) 44

Profitability 59
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 15
Earnings quality: real cash, not paper profit
Fin. Strength 65
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 24
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Coromandel International Limited provides agriculture solutions in India and internationally. It operates through the Nutrient and Other Allied Business, and Crop Protection segments.

Full company description

Coromandel International Limited provides agriculture solutions in India and internationally. It operates through the Nutrient and Other Allied Business, and Crop Protection segments. The company offers fertilizers, including GroPlus Pro Mg and Gromor Urea Super Phosphate; bio-products comprising MycoRitz and Grovibe; specialty nutrients, such as Pixibud, Pixigrow, Nano Urea, Areca Shakti, and Coffee Bliss; and crop protection products that include Caveco, Marvex, Prachand, Benofit, Rukawat X, Myconil, Eezykil Ultra, Cortus, Victini Z, and Toscee. It also provides value-added services, including drone spraying, soil testing, crop diagnostics, and weather insights, as well as e-commerce platform for advisory and ordering. The company was formerly known as Coromandel Fertilisers Ltd and changed its name to Coromandel International Limited in September 2009. Coromandel International Limited was incorporated in 1961 and is based in Chennai, India. Coromandel International Limited operates as a subsidiary of E.I.D.- Parry (India) Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Coromandel International Limited reported revenue of ₹315B in FY2026 versus ₹191B in FY2022, a compound +13.3%/yr. Reported net income was ₹19.6B in FY2026, compounding +6.4%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹315B
Latest YoY
+30.7%
Avg. growth/yr (3Y)
+2.0%
Avg. growth/yr (5Y)
+17.3%
Avg. growth/yr (21Y)
+17.4%
Revenue +13.3%/yr
FY22 ₹191B
FY23 ₹296B
FY24 ₹221B
FY25 ₹241B
FY26 ₹315B
Net income +6.4%/yr
FY22 ₹15.3B
FY23 ₹20.1B
FY24 ₹16.4B
FY25 ₹20.7B
FY26 ₹19.6B

COROMANDEL screens 45% overvalued. Compare with Corteva, Inc →

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Cite: Fair Value Calculator (2026). "Coromandel International Limited Fair Value". https://www.fairvalue-calculator.com/stock/COROMANDEL

Peer Group

Agricultural Inputs · 179 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 50 · Below median
Fair Value upside −45% · Bottom 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 8% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 20% · Above median
Dividend yield (TTM) 0.5% · Below median
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 30.7× · Pricier than 75% of peers
P/B 4.77× · Pricier than 75% of peers
P/S (TTM) 1.90× · Pricier than 75% of peers
EV/EBITDA 17.9× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 22
FUTURE 100 · sector 37
PAST 62 · sector 24
HEALTH 100 · sector 97
DIVIDEND 11 · sector 33

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Agricultural Inputs stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Corteva, Inc CTVA $86.07 $27.81 -68%
Nutrien Ltd NTR C$94.23 C$81.69 -13%
Qinghai Salt Lake Industry Co 000792 ¥24.93 ¥21.26 -15%
CF Industries Holdings CF $119.19 $161.00 +35%
SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 451.30 kr 67.25 -85%
Yunnan Yuntianhua Co 600096 ¥30.17 ¥42.12 +40%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥42.59 ¥38.01 -11%
UPL Limited UPL ₹594.75 ₹387.06 -35%
PI Industries Limited PIIND ₹2,624 ₹1,345 -49%

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Frequently asked questions

Is Coromandel International Limited (COROMANDEL) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of ₹1,129 versus a price of ₹2,069, about −45% (overvalued).
What is the fair value of COROMANDEL?
Our model-based fair value for Coromandel International Limited is ₹1,129 (as of Jul 18, 2026), built from audited fundamentals. The current price is ₹2,069.
What is the quality score of COROMANDEL?
Coromandel International Limited has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Coromandel International Limited (COROMANDEL)?
Coromandel International Limited reported trailing-twelve-month revenue of about ₹315B (latest available figure, as of Jul 18, 2026).
What is the net profit margin of COROMANDEL?
The net profit margin of Coromandel International Limited is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Coromandel International Limited pay a dividend?
Coromandel International Limited currently shows a dividend yield of about 0.62% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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