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Coromandel International COROMANDEL

Murugappa group fertiliser maker (Kakinada, Vizag) contracting green ammonia under SECI's auctions

Mapped in 1 theme: Green Hydrogen Mission.

From publicly available information

Where Coromandel International sits in the supply chain

Coromandel International appears in 1 supply-chain layer in one theme, Green Hydrogen Mission.

Green Hydrogen Mission › Green ammonia & fertilisers

Owner

Other companies in this layer

AM Green (unlisted)ACME Cleantech Solutions (unlisted)Paradeep PhosphatesGujarat Narmada Valley Fertilizers & ChemicalsIFFCO (Indian Farmers Fertiliser Cooperative) (unlisted)
View in the 3D map →

Revenue and profit

₹ CrFY22FY23FY24FY25FY26
Revenue19,11129,62822,05824,08531,480
Net profit1,5282,0131,6412,0551,898

Latest-year revenue ₹31,480 Cr (FY26, company-wide).

Note: Green ammonia is a future input, not revenue.

Strengths

  • ACME won a 50,000-tonne-a-year green ammonia round for Coromandel at ₹51.89/kg (Aug 2025)
  • Large ammonia importer, so a fixed rupee price reduces input swings

Risks

  • Green ammonia is a small share of its raw material for years
  • Depends on developers' timelines

Common questions

What does Coromandel International do?

Murugappa group fertiliser maker (Kakinada, Vizag) contracting green ammonia under SECI's auctions.

Where does Coromandel International sit in the supply chain?

Coromandel International (NSE: COROMANDEL) is mapped in 1 supply-chain layer: Green ammonia & fertilisers (Green Hydrogen Mission).

Who are Coromandel International's peers?

In the Green ammonia & fertilisers layer of Green Hydrogen Mission: AM Green (not NSE-listed), ACME Cleantech Solutions (not NSE-listed), Paradeep Phosphates, Gujarat Narmada Valley Fertilizers & Chemicals and IFFCO (Indian Farmers Fertiliser Cooperative) (not NSE-listed).

What is Coromandel International's market cap and valuation?

As of 6 Nov 2026: market cap ₹53,601 Cr, P/E 33.6x, ROCE 22.0%, ROE 16.4%, dividend yield 0.60%.