Coromandel Engineering Company Ltd

Coromandel Engineering Company Ltd

₹ 58.6 -0.49%
05 Jun - close price
About

Incorporated in 1947, Coromandel Engineering Company Ltd is in the business of Construction and Property Development[1]

Key Points

Business Overview:[1][2]
CECL is a part of Murugappa Group. It is in the business of Construction & Property Development and was the first to introduce pre-engineered metal building system in India. Company has expertise in building plants for Cement, Power, Sugar & automobile sectors and has built landmark buildings like LIC Building in Anna Salai, Hotel Chola Sheraton and Premium Apartments across Chennai, Hotel Holiday Inn and Windsor Manor in Bangalore

  • Market Cap 204 Cr.
  • Current Price 58.6
  • High / Low 115 / 55.2
  • Stock P/E 1,203
  • Book Value 3.81
  • Dividend Yield 0.00 %
  • ROCE 10.4 %
  • ROE 1.74 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 127 to 31.7 days.

Cons

  • Stock is trading at 15.4 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -16.9% over past five years.
  • Promoter holding has decreased over last 3 years: -3.65%

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
26.09 22.94 28.05 21.59 24.06 7.60 9.94 6.68 7.06 8.59 13.44 6.16 14.89
26.65 23.47 28.10 21.25 23.06 9.87 10.00 5.37 2.95 7.66 12.27 4.97 13.73
Operating Profit -0.56 -0.53 -0.05 0.34 1.00 -2.27 -0.06 1.31 4.11 0.93 1.17 1.19 1.16
OPM % -2.15% -2.31% -0.18% 1.57% 4.16% -29.87% -0.60% 19.61% 58.22% 10.83% 8.71% 19.32% 7.79%
2.02 0.21 0.00 0.03 0.01 0.01 0.00 0.01 0.00 0.00 0.12 0.00 0.05
Interest 1.03 0.89 0.61 0.69 0.82 0.85 0.87 0.53 0.73 0.53 0.91 0.81 0.84
Depreciation 0.57 0.39 0.40 0.42 0.40 0.25 0.25 0.25 0.34 0.34 0.35 0.34 0.34
Profit before tax -0.14 -1.60 -1.06 -0.74 -0.21 -3.36 -1.18 0.54 3.04 0.06 0.03 0.04 0.03
Tax % 242.86% 0.00% 47.17% 44.59% -23.81% -5.95% -109.32% -24.07% 7.89% 1,316.67% 0.00% 0.00% -2,633.33%
-0.48 -1.60 -1.57 -1.07 -0.16 -3.16 0.11 0.67 2.79 -0.73 0.03 0.04 0.82
EPS in Rs -0.14 -0.48 -0.47 -0.32 -0.05 -0.95 0.03 0.20 0.84 -0.21 0.01 0.01 0.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
230.39 122.21 31.34 32.50 45.72 57.67 108.51 133.00 126.51 96.64 31.29 43.09
205.10 110.46 32.36 36.98 48.04 59.00 109.63 133.20 125.95 95.88 28.10 38.63
Operating Profit 25.29 11.75 -1.02 -4.48 -2.32 -1.33 -1.12 -0.20 0.56 0.76 3.19 4.46
OPM % 10.98% 9.61% -3.25% -13.78% -5.07% -2.31% -1.03% -0.15% 0.44% 0.79% 10.19% 10.35%
0.18 1.77 0.71 0.84 0.78 5.38 3.14 2.02 2.03 0.25 0.02 0.16
Interest 20.04 8.47 3.65 3.59 6.36 6.64 6.49 4.72 4.22 3.02 3.08 3.08
Depreciation 4.89 4.36 3.90 3.68 3.56 3.35 2.94 2.74 2.23 1.61 1.09 1.37
Profit before tax 0.54 0.69 -7.86 -10.91 -11.46 -5.94 -7.41 -5.64 -3.86 -3.62 -0.96 0.17
Tax % -109.26% 42.03% -2.29% 15.22% 3.14% -21.55% 7.69% 41.13% 17.10% 21.55% -142.71% 0.00%
1.12 0.40 -7.68 -12.57 -11.82 -4.66 -7.98 -7.97 -4.51 -4.40 0.41 0.17
EPS in Rs 0.34 0.12 -2.31 -3.78 -3.56 -1.40 -2.40 -2.40 -1.36 -1.32 0.12 0.05
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -10%
5 Years: -17%
3 Years: -30%
TTM: 38%
Compounded Profit Growth
10 Years: -8%
5 Years: 15%
3 Years: 27%
TTM: -59%
Stock Price CAGR
10 Years: 0%
5 Years: 13%
3 Years: 9%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 33.23 34.88
Reserves 3.84 4.24 -4.02 -16.55 -28.45 -33.16 -41.09 -49.20 -53.72 -29.76 -26.98 -21.58
77.74 32.03 36.22 59.05 60.60 66.71 59.29 42.68 52.78 16.68 22.59 20.33
91.42 39.19 24.36 25.00 26.29 29.52 36.57 44.76 41.67 56.24 47.35 63.41
Total Liabilities 206.23 108.69 89.79 100.73 91.67 96.30 88.00 71.47 73.96 76.39 76.19 97.04
29.31 24.56 20.66 16.88 13.43 10.14 7.26 4.92 3.36 2.05 4.22 2.88
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.11 0.00 0.00 0.00
Investments 0.05 0.05 0.18 0.19 0.15 0.15 0.15 0.00 0.00 0.00 0.00 0.00
176.87 84.08 68.95 83.66 78.09 86.01 80.59 66.55 70.49 74.34 71.97 94.16
Total Assets 206.23 108.69 89.79 100.73 91.67 96.30 88.00 71.47 73.96 76.39 76.19 97.04

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
60.20 19.30 -1.08 -19.90 3.79 -1.53 10.82 19.71 -7.14 10.72 -1.63 -2.72
0.07 0.29 0.07 0.19 0.51 2.07 3.06 1.60 1.26 0.05 1.70 1.38
-60.92 -19.73 1.02 19.70 -4.29 -0.51 -13.90 -21.33 5.89 -10.76 0.24 1.30
Net Cash Flow -0.64 -0.13 0.01 0.00 0.01 0.03 -0.02 -0.02 0.01 0.01 0.31 -0.04
Free Cash Flow 59.83 19.36 -1.06 -19.89 3.68 -1.61 10.76 19.31 -7.92 10.52 0.09 -1.51
CFO/OP 231% 149% 161% 562% -171% 92% -916% -10,095% -1,284% 1,572% -51% -61%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 76.17 73.59 235.14 105.12 67.94 100.63 68.96 59.14 56.43 67.64 281.48 31.68
Inventory Days 243.08 64.88 478.72 1,184.35 627.57 507.06 175.08 104.00 99.13 113.96 494.31 651.74
Days Payable 103.45 101.02 556.10 228.80 186.05 121.46 122.36 134.49 131.45 306.52 1,389.73 1,702.72
Cash Conversion Cycle 215.80 37.45 157.77 1,060.67 509.46 486.24 121.67 28.65 24.12 -124.92 -613.94 -1,019.30
Working Capital Days -17.21 -3.46 -36.45 299.64 93.65 115.63 22.50 3.05 0.63 -24.51 -8.87 52.69
ROCE % 16.44% 9.92% -6.27% -10.31% -7.23% -2.13% -6.72% -7.42% -5.49% -3.09% 8.65% 10.40%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
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Tenders Participated
₹ Crores
Order Book Value
₹ Crores

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
74.52% 74.52% 74.52% 74.57% 74.57% 74.57% 74.56% 73.33% 70.87% 70.87% 70.87% 70.87%
25.49% 25.48% 25.49% 25.43% 25.44% 25.44% 25.45% 26.67% 29.14% 29.13% 29.14% 29.13%
No. of Shareholders 3,5173,6263,5863,4133,3373,2413,1653,1393,1063,0613,2393,185

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