Coromandel Engineering Company Ltd

As of August 21, 2025, Coromandel Engineering is considered very expensive with a high PE ratio of 83.69 and other elevated valuation metrics, indicating it is overvalued compared to peers like Larsen & Toubro and Siemens, despite its recent stock performance outpacing the Sensex.

As of August 20, 2025, Coromandel Engineering is considered overvalued with a PE ratio of 83.69 and significantly higher valuation metrics compared to peers like Larsen & Toubro, despite impressive stock returns of 198.62% over the past five years.

Coromandel Engineering's latest results show improved operational efficiency with the highest operating profit in five quarters, but a significant decline in net sales by 57.7%, indicating mixed performance overall.

Coromandel Engineering has shown signs of financial improvement, with reduced losses and a positive shift in shareholder funds from -20.48 crore in March 2023 to 3.47 crore in March 2024, alongside a turnaround in cash flow from operating activities to 10.00 crore. Despite challenges, the company's recent trends indicate a potential recovery in its financial health.

Coromandel Engineering Company Ltd is a micro-cap construction firm under the Murugappa Group, specializing in the Realty industry. As of December 2024, it reported net sales of 67 Cr and a net profit of 7 Cr.

The top shareholders of Coromandel Engineering include promoter Sundeep Anand Jegath Rakshagan with 25.11%, individual investors with 24.37%, and public shareholder Chetan Jayantilal Shah with 2.04%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

As of March 2022, the management team of Coromandel Engineering includes Chairman M M Venkatachalam, independent directors N V Ravi, P Nagarajan, and G Jalaja, along with Company Secretary C Parvathi Nagaraj and directors S Shamsuddin and Adepalli Sridhar. The team consists of a mix of executive and independent members overseeing the company's governance.

As of May 26, 2025, Coromandel Engg. shows a mildly bullish trend, supported by bullish moving averages and Bollinger Bands, despite mixed signals from the MACD and RSI.

As of October 16, 2024, Coromandel Engineering is considered risky and overvalued due to troubling financial ratios, including a PE ratio of -86.36 and an EV to EBITDA of -238.10, especially when compared to more financially stable peers like Larsen & Toubro, despite a past five-year return of 238.47% and recent underperformance against the Sensex.

Coromandel Engineering Company Ltd is experiencing significant selling pressure, with the stock showing only sellers and recording consecutive losses. Despite a strong long-term performance, recent trends indicate a shift in market sentiment, as the stock underperforms relative to the Sensex and its sector.

Coromandel Engineering Company Ltd is experiencing notable buying interest, with the stock rising significantly over various timeframes. It has achieved consecutive gains for six days, reflecting strong buyer sentiment. The stock is currently trading above multiple moving averages, indicating a robust upward trend compared to the broader market.

Coromandel Engineering Company Ltd is experiencing notable buying activity, significantly outperforming the broader market. The stock has shown consistent gains over various time frames, including a 30.08% increase over the past five days. It is trading above key moving averages, indicating a strong bullish trend.

Coromandel Engineering Company Ltd is experiencing notable buying activity, with the stock rising significantly today and over the past week. It has shown strong performance in recent months, outpacing the Sensex, despite a decline over the past year. The stock is trading above key moving averages, indicating bullish momentum.

Coromandel Engineering Company Ltd is experiencing notable buying activity, with the stock rising significantly today and over the past week. It has shown consistent gains, outperforming the Sensex in both short and long-term periods. The stock is trading above key moving averages, reflecting a strong upward trend.