Coromandel International Reports Strong Financial Growth Amid Rising Interest Expenses and Leverage Concerns

Coromandel International, a prominent player in the fertilizers industry, has recently undergone a financial trend adjustment reflecting its robust performance in the quarter ending March 2025. The company's financial metrics indicate significant growth, with profit before tax reaching Rs 259.00 crore, marking an impressive increase of 87.45%. Additionally, profit after tax surged to Rs 305.19 crore, showcasing a growth rate of 90.4%.
The company's cash and cash equivalents have also reached a record high of Rs 3,538.34 crore, further strengthening its financial position. Net sales for the quarter stood at Rs 4,988.39 crore, reflecting a growth of 27.49%.

However, not all aspects are favorable. Interest expenses for the nine-month period have risen to Rs 205.01 crore, growing at 30.37%. Furthermore, the debt-equity ratio has reached its highest at 0.07 times, indicating a potential area of concern regarding leverage.

In terms of market performance, Coromandel International has outperformed the Sensex significantly over various time frames. Over the past year, the stock has returned 83.08%, compared to the Sensex's 7.73%. This trend highlights the company's strong market position and resilience in the competitive landscape.