chemicals

Coromandel International

COROMANDEL · Nifty 50

2,035.9

Price 2026-06-17

BROAD EXPANSION73% confidence

At a Glance

Sector Positionchemicals sector. Flow: neutral. is not among current leaders. Regime: BROAD EXPANSION (73%).
Fundamental Score85/100 (STRONG). 2 positive flags, 3 concerns.
Historical Context30 similar technical setups. Average outcome: -8.0% decline. 0% positive.

Fundamental

85/100

STRONG

Trust

95/100

Verification

Coverage

44/100

LIMITED

Quick Take

Coromandel International scores 85/100 on fundamentals (strong). Coromandel International: BROAD EXPANSION regime.

Fundamental Score: 85/100 · STRONG · 2 signals detected

DuPont Analysis

ROE 13.8% broken into three drivers. Each shows how efficiently the company generates returns.

ROE13.8%=
6.5%Net Margin
×
1.1xTurnover
×
2.0xLeverage

ROE of 13.77% is moderate efficiency-driven and stable. Net margin of 6.5% × asset turnover of 1.09x × leverage of 2.0x.

What This Means

Net margin of 6.5% means the company keeps ₹6.5 as profit for every ₹100 of revenue. This is a moderate-margin business. Asset turnover of 1.09x means the company efficiently uses its assets to generate revenue. Leverage of 2.0x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.

Margin Structure

Gross

26.1%

Operating

9.7%

Net

6.5%

declining

Gross margin 26.1% → operating margin 9.7% → net margin 6.5%. Margins are DECLINING. Check if input costs are rising or competition is pressuring pricing.

Financial Health

Earnings Quality

WEAK

Cash flow only covers 0.9x of net income — earnings quality is WEAK. Profit may not be converting to cash. Check receivables and inventory.

Debt Sustainability

COMFORTABLE

Interest covered 8.5x — very comfortable. Debt service is not a concern. Debt/EBITDA at 2.1x is moderate.

Free Cash Flow

MODERATE

FCF margin at 0.1% — barely positive. Limited cash after capex.

Peer Comparison

Coromandel International is compared against 10 peers in the chemicals sector.

Key Watchpoints

🟢

Breaks above ₹2138 (+5%)

Trend reversal confirmation

🔴

Breaks below ₹1934 (-5%)

Further downside risk

🟢

Chemicals sector entering leadership

Sector rotation signal

Detected Patterns

✅ Cash Flow Inflection: FCF turned positive after negative periods — major transition
➡️ Leverage Slowly Rising: Debt growing faster (736.6%) than equity (13.3%)

Risk Flags

🔴 1 Critical⚠️ 2 Warning2 Positive5 total flags
🔴Cash covers only 4% of current liabilities
Balance Sheet

Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.

⚠️89% of debt is short-term
Balance Sheet

High refinancing risk. Company needs to roll over debt frequently. Vulnerable to credit market freezes.

⚠️Working capital changes are 72% of operating cash flow
Cash Flow

Working capital is consuming significant cash. Operational efficiency declining.

Minimal unusual items — clean earnings
Earnings Quality

Profits are from core operations, not one-offs. High quality.

High promoter holding: 60%
Governance

Strong insider alignment. Promoters have significant skin in the game.

⚠️ 1 critical + 2 warning flags. Exercise caution.

Data Quality

95/100All ratios self-computed from verified sources. 🟢 5 years of financial data — sufficient for trend analysis

News Correlation

margin pressure (4)management outlook (4)
Our margin analysis (declining) matches news reports of cost/margin pressure

50 articles scanned for fundamental themes

Facts

P/E Ratio
28.9UNAVAILABLE
P/B Ratio
4.5HIGH
Market Cap
₹5644582.9L CrHIGH
From 52W High
75% of high
Sector Peers
10