Coromandel International Limited posted a robust performance for FY26, reporting sharp growth in revenue and operating profit as the agri-solutions major accelerated expansion across fertilisers, crop protection, agri-retail and digital farming initiatives.

 

The company reported consolidated total income of Rs. 31,827 crore for FY26, up 30% from Rs. 24,444 crore in FY25. EBITDA rose 23% to Rs. 3,232 crore, underlining resilient operational performance despite volatile global markets and supply chain disruptions.

 

For the March quarter, consolidated revenue climbed 19% year-on-year to Rs. 6,068 crore, while EBITDA increased 16% to Rs 494 crore.

 

Coromandel also announced a final dividend of Rs. 2 per equity share. Combined with the interim dividend of Rs. 9 per share paid earlier in February, the total FY26 dividend stands at Rs. 11 per share, representing 1100% on the face value of Re. 1 each.

 

The company strengthened its manufacturing backbone during the year by commissioning a 2,000 tonnes-per-day sulphuric acid plant and a 650 TPD phosphoric acid plant at Kakinada in the fourth quarter. 

 

Built with an investment of nearly Rs. 1,100 crore, the projects are expected to reinforce raw material security and support India’s fertiliser self-reliance push under the Atmanirbhar Bharat initiative.

 

Coromandel said its Senegal rock phosphate project also scaled up production during the year, helping secure feedstock supplies for the newly commissioned phosphoric acid facility. Meanwhile, the fertiliser granulation capacity expansion at Kakinada remains on track for completion by Q4 FY27.

 

The company’s crop protection business emerged as a major growth driver, delivering strong gains in both domestic and export markets. Coromandel said ongoing investments in key technical molecule projects are expected to further boost manufacturing capabilities and support the next phase of growth.

 

Commenting on the results, S Sankarasubramanian mentioned, “Coromandel’s Nutrient business delivered a steady performance in FY26, navigating a dynamic operating environment marked by supply disruptions, volatile raw material prices and sharp currency movements. 

 

"During the year, the Company strengthened its position in the phosphatic fertiliser segment, registering 7% growth and achieving sales of 4.3 million tons, supported by strong farmer engagement and entry into new markets.

 

"Company’s Crop Protection business recorded strong momentum during the year, delivering healthy 16% revenue growth with 55% rise in profitability. This was supported by sustained traction for our key molecules, improved volume offtake in exports and new product introductions in domestic markets."

 

He added: "Our subsidiary NACL Industries Ltd achieved a successful turnaround during the year through focused operational improvements and reported a 28% increase in revenue and returned to profitability.

 

"The Company’s Agri Retail business continued to scale up its network to 1200 centers, adding over 300 new stores across existing and new geographies in FY26.”

 

Coromandel continued to deepen its rural footprint during FY26, expanding its agri-retail network to more than 1,200 centres serving nearly three million farmers across southern and western India.