|
14 Mar 2025 |
Coromandel
|
Consensus Share Price Target
|
1797.70 |
2050.25 |
- |
14.05 |
buy
|
|
|
|
|
27 Oct 2024
|
Coromandel
|
Motilal Oswal
|
1797.70
|
2000.00
|
1597.85
(12.51%)
|
11.25 |
Buy
|
|
|
Coromandel International (CRIN) reported subdued operating performance in 2QFY25 (EBIT down 10% YoY) due to a lower NBS rate and high raw material prices.
|
|
25 Oct 2024
|
Coromandel
|
Sharekhan
|
1797.70
|
1917.00
|
1597.85
(12.51%)
|
Target met |
Buy
|
|
|
Revenues reached Rs. 7,433 crore, rising by 6% y-o-y and by 57% q-o-q, primarily driven by higher volumes of primary sales.
|
|
21 May 2024
|
Coromandel
|
Geojit BNP Paribas
|
1797.70
|
1354.00
|
1240.75
(44.89%)
|
Target met |
Hold
|
|
|
|
|
27 Oct 2023
|
Coromandel
|
Sharekhan
|
1797.70
|
1222.00
|
1040.80
(72.72%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Coromandel
|
Sharekhan
|
1797.70
|
1155.00
|
1043.40
(72.29%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Coromandel
|
Prabhudas Lilladhar
|
1797.70
|
1330.00
|
979.50
(83.53%)
|
Target met |
Buy
|
|
|
|
|
25 May 2023
|
Coromandel
|
Geojit BNP Paribas
|
1797.70
|
1060.00
|
927.50
(93.82%)
|
Target met |
Accumulate
|
|
|
|
|
17 May 2023
|
Coromandel
|
Prabhudas Lilladhar
|
1797.70
|
1310.00
|
979.75
(83.49%)
|
|
Buy
|
|
|
|
|
16 May 2023
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1180.00
|
962.15
(86.84%)
|
Target met |
Buy
|
|
|
|
|
10 Mar 2023
|
Coromandel
|
Geojit BNP Paribas
|
1797.70
|
1054.00
|
914.70
(96.53%)
|
Target met |
Accumulate
|
|
|
|
|
07 Feb 2023
|
Coromandel
|
Prabhudas Lilladhar
|
1797.70
|
1350.00
|
901.15
(99.49%)
|
|
Buy
|
|
|
|
|
06 Feb 2023
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1180.00
|
892.80
(101.36%)
|
Target met |
Buy
|
|
|
|
|
15 Nov 2022
|
Coromandel
|
Geojit BNP Paribas
|
1797.70
|
1058.00
|
903.55
(98.96%)
|
Target met |
Accumulate
|
|
|
|
|
06 Nov 2022
|
Coromandel
|
Prabhudas Lilladhar
|
1797.70
|
1200.00
|
946.10
(90.01%)
|
|
Buy
|
|
|
|
|
05 Nov 2022
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1140.00
|
953.40
(88.56%)
|
Target met |
Buy
|
|
|
|
|
09 Aug 2022
|
Coromandel
|
Geojit BNP Paribas
|
1797.70
|
1171.00
|
1076.05
(67.06%)
|
|
Accumulate
|
|
|
|
|
19 Jul 2022
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1160.00
|
995.45
(80.59%)
|
|
Buy
|
|
|
|
|
30 Apr 2022
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1065.00
|
910.10
(97.53%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2022
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1015.00
|
801.75
(124.22%)
|
Target met |
Buy
|
|
|
CRIN reported a better than expected operating performance, despite rising input costs, due to backward integration and steps taken to lower the cost of raw material (particularly rock phosphate), while maintaining the same level of quality. It did so by establishing an alternative sourcing destination and with better efficiency. Raw material prices and volume growth in fertilizers remain a key monitorable going forward. Factoring in its 3Q performance, we have raised our FY22E earnings by 7%, but have maintained our FY23E/FY24E estimate. We value CRIN at...
|
|
16 Dec 2021
|
Coromandel
|
Motilal Oswal
|
1797.70
|
1035.00
|
727.75
(147.02%)
|
Target met |
Buy
|
|
|
In this note we have analyzed the volume performance for CRIN in 3QFY22, the trend in its key RMs, Rabi sowing in its key markets, and capacity expansion in sulfuric acid. The key insights are highlighted below:...
|