Coromandel International has announced its financial performance for the quarter and year ended March 31, 2026. The Board of Directors has declared a final dividend of Rs. 2 per share (on a face value of Re. 1) and confirmed the 64th Annual General Meeting for July 23, 2026. Additionally, the company is finalizing a corporate guarantee of up to USD 15.5 million to support its subsidiary, Baobab Mining & Chemicals Corporation in Senegal.
Financial Performance Overview
For the financial year ended March 31, 2026, Coromandel International reported a consolidated revenue of Rs. 31,479.54 crore, reflecting strong operational growth. The company’s consolidated net profit after tax for the full year reached Rs. 1,898.14 crore. The financial results underscore the company’s resilient performance across its key business segments, despite various market challenges during the fiscal year.
Dividend and Shareholder Information
In a move to reward shareholders, the Board has approved a final dividend of Rs. 2 per equity share, based on a face value of Re. 1 per share. The company has set July 16, 2026, as the Record Date to determine eligibility for the dividend payout. Shareholders can expect the dividend to be disbursed on or before August 21, 2026.
Strategic Developments and Re-appointments
The company continues to expand its global footprint. A notable strategic move includes the issuance of a corporate guarantee for up to USD 15.5 million to facilitate banking facilities for its Senegal-based subsidiary, Baobab Mining & Chemicals Corporation, in which Coromandel holds a 71.51% stake. Furthermore, the Board has approved the re-appointment of S.R. Batliboi & Associates LLP as the Statutory Auditors for a second consecutive five-year term, subject to shareholder approval at the upcoming 64th Annual General Meeting.
Segment Insights
Coromandel operates through two primary segments: Nutrient & Other Allied Business and Crop Protection. The company remains focused on enhancing operational efficiency and resource allocation within these segments to drive sustainable long-term growth and maximize shareholder value.
Source: BSE
