Coromandel Engg.

Which are the latest news on Coromandel Engg.?

Why is Coromandel Engineering Company Ltd falling/rising?

As of 05-Sep, Coromandel Engineering Company Ltd's stock price is Rs 55.00, down 2.72%, and has underperformed with a 47.00% year-to-date decline compared to a 10.21% drop in the Sensex. Despite a recent monthly increase, the stock's long-term outlook is weak due to poor fundamentals and high debt.

As of 05-Sep, Coromandel Engineering Company Ltd's stock price is falling, currently at Rs 55.00, which represents a decrease of Rs 1.54 or 2.72%. The stock has been underperforming, having lost 5.06% over the last two days and is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. <BR><BR>In terms of performance relative to the market, the stock has declined by 3.56% over the past week, while the Sensex has only decreased by 0.97%. Year-to-date, the stock has seen a significant drop of 47.00%, compared to a 10.21% decline in the Sensex. Despite a positive performance over the last month with an increase of 8.48%, the overall long-term outlook remains weak, as evidenced by a poor annual growth rate of net sales at -17.06% over the past five years and a high debt-to-equity ratio of 2.89 times.<BR><BR>Additionally, while there was a rise in investor participation with a 92.75% increase in delivery volume on September 3, the stock's liquidity remains limited, and it is trading at a discount compared to its peers. The company's fundamentals are concerning, with a return on equity of only 6.18% and a return on capital employed of 10.8%, indicating low profitability. These factors contribute to the stock's current downward trend.

Who are in the management team of Coromandel Engg.?

The management team of Coromandel Engineering includes Chairman M M Venkatachalam, Independent Directors N V Ravi, P Nagarajan, and G Jalaja, Company Secretary C Parvathi Nagaraj, and Directors S Shamsuddin and Adepalli Sridhar. They are responsible for the company's strategic direction and regulatory compliance.

The management team of Coromandel Engineering includes the following members:<BR><BR>1. **M M Venkatachalam** - Chairman (Non-Executive)<BR>2. **N V Ravi** - Independent Director<BR>3. **P Nagarajan** - Independent Director<BR>4. **G Jalaja** - Independent Director<BR>5. **C Parvathi Nagaraj** - Company Secretary & Compliance Officer<BR>6. **S Shamsuddin** - Director<BR>7. **Adepalli Sridhar** - Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and ensuring compliance with regulatory requirements.

What does Coromandel Engg. do?

Coromandel Engineering Company Ltd is a micro-cap construction firm under the Murugappa Group, specializing in the Realty industry. As of June 2026, it reported net sales of 15 Cr and a market cap of INR 202 Cr.

Overview: <BR>Coromandel Engineering Company Ltd is a construction company operating in the Realty industry, categorized as a Micro Cap.<BR><BR>History: <BR>The company was incorporated 64 years ago and is part of the USD 3.8 billion Murugappa Group. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 15 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 202 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 161.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.47 <BR>Return on Equity: 8.95% <BR>Price-to-Book: 14.60 <BR><BR>Contact Details: <BR>Address: Parry House 3rd Floor, 43 Moore Street P B No 1698 Chennai Tamil Nadu : 600001 <BR>Tel: 91-044-25301700 <BR>Email: investorservices@cec.murugappa.com <BR>Website: http://www.coromandelengg.com

Who are the peers of the Coromandel Engg.?

Coromandel Engg.'s peers include S V Global Mill, Vipul Ltd, National Standar, Alpine Housing, Samor Reality, HB Estate Devel., Rainbow Foundat., Manas Properties, and AMJ Land Holdin. Management risks vary, with AMJ Land Holdin showing excellent management, while Coromandel Engg. and others are rated below average; Vipul Ltd has the highest 1-year return at 55.70%, and National Standar the lowest at -93.81%.

Peers: The peers of Coromandel Engg. are S V Global Mill, Vipul Ltd, National Standar, Alpine Housing, Samor Reality, HB Estate Devel., Rainbow Foundat., Manas Properties, and AMJ Land Holdin.<BR><BR>Quality Snapshot: Excellent management risk is observed at AMJ Land Holdin., while Average management risk is found at S V Global Mill and the rest. Below Average management risk is noted for Vipul Ltd, National Standar, Alpine Housing, Samor Reality, Coromandel Engg., HB Estate Devel., Rainbow Foundat., and AMJ Land Holdin. Growth is Excellent at Rainbow Foundat. and AMJ Land Holdin., Average at Samor Reality, and Below Average for S V Global Mill, Vipul Ltd, National Standar, Alpine Housing, Coromandel Engg., and HB Estate Devel. Capital Structure is Good at National Standar, Excellent at AMJ Land Holdin., and Below Average for S V Global Mill, Vipul Ltd, Alpine Housing, Coromandel Engg., HB Estate Devel., Rainbow Foundat., and the rest.<BR><BR>Return Snapshot: Vipul Ltd has the highest 1-year return at 55.70%, while National Standar has the lowest at -93.81%. Coromandel Engg.'s 1-year return is not available for comparison. Additionally, peers such as National Standar, Rainbow Foundat., and AMJ Land Holdin. have negative six-month returns.

How big is Coromandel Engg.?

As of 31st August, Coromandel Engineering Company Ltd has a market capitalization of 202.00 Cr, classifying it as a Micro Cap, with net sales of 49.85 Cr and a net profit of 1.22 Cr over the latest four quarters.

As of 31st August, <BR><BR>Market Cap: Coromandel Engineering Company Ltd has a market capitalization of 202.00 Cr, classifying it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 49.85 Cr, while the sum of Net Profit for the same period is 1.22 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 6.25 Cr, and Total Assets amount to 65.32 Cr.

Should I buy, sell or hold Coromandel Engineering Company Ltd?

When is the next results date for Coromandel Engineering Company Ltd?

The next results date for Coromandel Engineering Company Ltd is 12 August 2026.

The next results date for Coromandel Engineering Company Ltd is scheduled for 12 August 2026.

Are Coromandel Engineering Company Ltd latest results good or bad?

Coromandel Engineering Company Ltd's latest results show strong revenue growth with a 141.72% increase in net sales and a 1,950% rise in net profit, but concerns arise from a significant decline in operating margin and high debt levels, indicating potential sustainability issues. Investors should approach with caution due to these operational challenges.

Coromandel Engineering Company Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net sales, which rose by 141.72% quarter-on-quarter to ₹14.89 crores, marking the highest quarterly revenue in recent history. Additionally, net profit surged by an impressive 1,950% to ₹0.82 crores compared to the previous quarter.<BR><BR>However, there are notable concerns. The operating margin has sharply declined to 7.79% from 19.32% in the previous quarter, indicating that while revenue growth is strong, the quality of that growth is questionable. This margin compression suggests potential issues such as aggressive pricing strategies or cost overruns. Furthermore, the net profit improvement was largely driven by a one-time tax reversal, which raises concerns about the sustainability of earnings.<BR><BR>The company also faces challenges with elevated debt levels, as indicated by a debt-to-equity ratio of 1.53, which constrains financial flexibility. Overall, while there are positive aspects in terms of revenue growth, the underlying operational challenges and high leverage suggest that the results may not be as favorable as they initially appear. Investors should exercise caution given these factors.

Is Coromandel Engg. overvalued or undervalued?

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 21 August 2025, the valuation grade for Coromandel Engineering has moved from does not qualify to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, as evidenced by its high PE ratio of 83.69, a Price to Book Value of 18.38, and an EV to EBITDA ratio of 41.00. These ratios suggest that the stock is trading at a premium compared to its earnings and book value, which raises concerns about sustainability.<BR><BR>In comparison to its peers, Coromandel's valuation stands out starkly. For instance, Larsen & Toubro, which is rated as fair, has a PE ratio of 32.09 and an EV to EBITDA of 16.72, indicating a more reasonable valuation. Similarly, Siemens, also categorized as very expensive, has a PE ratio of 59.56, which, while high, is still significantly lower than Coromandel's. Notably, Coromandel's stock has outperformed the Sensex over the past year, returning 16.29% compared to the Sensex's 1.35%, but this performance does not justify its current valuation levels.

How has been the historical performance of Coromandel Engg.?

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.

Answer:<BR>The historical performance of Coromandel Engineering shows a trend of fluctuating financial metrics over the years, with significant changes in both assets and liabilities.<BR><BR>Breakdown:<BR>Coromandel Engineering's share capital has remained constant at Rs 33.23 crore from March 2019 to March 2024. However, total reserves have improved from -53.72 crore in March 2023 to -29.76 crore in March 2024, indicating a reduction in losses. Shareholder's funds have also shown a positive shift, moving from -20.48 crore in March 2023 to 3.47 crore in March 2024. Long-term borrowings decreased significantly from 38.36 crore in March 2023 to 6.31 crore in March 2024, reflecting a reduction in debt levels. Total liabilities increased slightly from 62.89 crore in March 2023 to 66.09 crore in March 2024, while total assets rose from 62.89 crore to 66.09 crore in the same period. The company reported a profit before tax of -3.00 crore in March 2024, an improvement from -5.00 crore in March 2023. Cash flow from operating activities turned positive at 10.00 crore in March 2024, compared to -7.00 crore in March 2023, indicating a recovery in operational performance. Overall, while the company has faced challenges, recent trends suggest a potential turnaround in its financial health.

Who are the top shareholders of the Coromandel Engg.?

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.

The top shareholders of Coromandel Engineering include the promoters, who hold the majority of the shares. The promoter with the highest holding is Sundeep Anand Jegath Rakshagan, with a stake of 25.11%. Additionally, individual investors collectively hold 24.37% of the shares, while the highest public shareholder is Chetan Jayantilal Shah, who has a holding of 2.04%. Notably, there are no mutual funds or foreign institutional investors currently holding shares in the company.

What is the technical trend for Coromandel Engg.?

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 26 May 2025, the technical trend for Coromandel Engg. has changed from mildly bearish to mildly bullish. The weekly MACD is bullish, supporting the positive shift, while the monthly MACD remains mildly bearish, indicating some caution. The weekly RSI is bearish, but the daily moving averages are bullish, suggesting short-term strength. Bollinger Bands show a mildly bullish trend on the weekly and bullish on the monthly, reinforcing the overall positive sentiment. Dow Theory indicates a mildly bullish stance on both weekly and monthly time frames. Overall, the current technical stance is mildly bullish, driven primarily by the bullish signals from moving averages and Bollinger Bands, despite some mixed signals from the MACD and RSI.

Has Coromandel Engg. declared dividend?

Yes, Coromandel Engineering Company Ltd has declared a dividend of 25% (₹2.5 per share), but it has a 0% dividend yield as no dividends have been paid in recent years. Total returns show significant price appreciation, particularly over longer periods, despite the lack of dividend income.

Coromandel Engineering Company Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 07 Jul 11<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 3.27%, the dividend return was 0%, resulting in a total return of 3.27%.<BR><BR>For the 1-year period, the price return was -8.73%, the dividend return was 0%, leading to a total return of -8.73%.<BR><BR>Over the 2-year period, the price return was 86.13%, with a dividend return of 0%, resulting in a total return of 86.13%.<BR><BR>In the 3-year period, the price return was 70.09%, the dividend return was 0%, which culminated in a total return of 70.09%.<BR><BR>For the 4-year period, the price return was 119.47%, the dividend return was 0%, leading to a total return of 119.47%.<BR><BR>In the 5-year period, the price return was 230.46%, with a dividend return of 0%, resulting in a total return of 230.46%.<BR><BR>Overall, while Coromandel Engineering has declared a dividend, it has not been paid in recent years, as indicated by the 0% dividend yield. The total returns over various periods show significant price appreciation, particularly over longer time frames, despite the absence of dividend income.