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Fundamentals for Coromandel International Limited
Business Operations:
Sector: Basic MaterialsIndustry: Agricultural Inputs
Coromandel International Limited provides agriculture solutions in India and internationally. It operates through Nutrient and Other Allied Business, and Crop Protection segments. The company's crop nutrients comprises fertilizer, which includes complex, urea, potash muriate, Di-ammonium phosphate, and single superphosphate; specialty nutrients, such as crop specific water and generic water soluble grades, Sulphur based fertilizers, and micronutrients; and organic fertilizers. It also offers crop protection products including insecticide, herbicide, fungicide, bio-products, and plant growth regulators. In addition, the company operates through rural retail outlets, which provides soil testing, crop diagnostics, and farm mechanization services across Andhra Pradesh, Telangana, and Karnataka. 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 headquartered in Chennai, India. Coromandel International Limited is a subsidiary of E.I.D.-Parry (India) Limited.
Revenue projections:
Coromandel International Limited is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.514000 |
|---|---|
| forwardPE | 19.960081 |
| debtToEquity | 11.469000 |
| earningsGrowth | -0.758000 |
| revenueGrowth | 0.204000 |
| grossMargins | 0.248110 |
| operatingMargins | 0.053810 |
| trailingEps | 66.210000 |
| forwardEps | 100.200000 |
COROMANDEL's current ratio of 1.514 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as COROMANDEL can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
COROMANDEL's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
Coromandel International Limited's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues.
Coromandel International Limited's low earnings and revenue growth point to a possible reduction in profits. This trend suggests that the company may face difficulties in maintaining its profitability and could be a cause for concern among investors.
COROMANDEL's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
COROMANDEL's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
The current price of COROMANDEL, in relation to its projections, presents a neutral outlook. There are no discernible risks or opportunities at this stage, indicating that investors may need to await further developments to make informed decisions regarding their positions in the stock.
Insider Transactions:
There were 1 purchases of Coromandel International Limited stock, with market price of 2168.800048828125.During the period under consideration, no buy transactions took place.COROMANDEL's current price levels are marked by increased selling, which could indicate further price drops. If this selling trend persists, the stock may continue to decline as investor confidence weakens.
Recommendation changes over time:
A recent buy bias from analysts toward COROMANDEL indicates strong confidence in the stock's future performance. This could encourage investors to park their money in COROMANDEL, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.
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