Coromandel International Ltd // Fertilizers

to
421.90
Pros:
Company has been maintaining a healthy dividend payout of 30.20%
Cons:
The company has delivered a poor growth of 3.92% over past five years.
Company might be capitalizing the interest cost

Peer Comparison

S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE %
1. G N F C 405.65 6.94 6304.61 1.23 185.52 178.77 1604.76 64.54 1.50
2. Coromandel Inter 421.90 17.76 12336.94 1.54 90.21 24.17 2528.45 11.83 22.25
3. G S F C 110.85 8.73 4417.12 1.99 70.74 74.58 1770.32 55.62 8.49
4. Chambal Fert. 141.90 11.92 5905.99 1.34 155.38 10.76 2190.37 11.40 4.97
5. F A C T 39.60 9.17 2562.40 0.00 314.39 428.72 344.09 17.05 -2.36
6. Natl.Fertilizer 43.80 9.42 2148.74 0.00 41.22 59.34 2167.36 15.51 5.04
7. R C F 68.45 36.09 3776.32 1.61 22.99 11.87 1943.48 25.02 5.43

Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018 Jun 2018
3,551 2,747 3,012 2,017 3,519 2,235 2,259 2,261 3,647 2,695 2,412 2,528
3,244 2,580 2,813 1,929 3,135 1,998 1,987 2,092 3,079 2,377 2,227 2,315
Operating Profit 307 167 200 88 385 237 272 169 568 318 185 214
OPM % 8.65% 6.07% 6.62% 4.37% 10.93% 10.59% 12.04% 7.46% 15.57% 11.81% 7.67% 8.45%
Other Income 25 39 12 13 18 12 13 13 18 12 17 9
Depreciation 28 25 27 24 25 26 25 25 25 25 24 26
Interest 50 54 57 65 59 53 47 44 41 42 51 64
Profit before tax 254 127 127 11 319 170 212 112 519 264 127 132
Tax 84 45 35 4 105 58 68 40 177 92 38 42
Net Profit 170 81 92 7 213 112 144 73 343 172 90 90

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 TTM
2,067 3,757 9,375 6,395 7,639 9,902 9,034 10,053 11,306 11,481 10,031 10,947 11,282
1,867 3,345 8,723 5,685 6,584 8,883 8,266 9,261 10,457 10,715 9,048 9,720 9,997
Operating Profit 199 413 652 710 1,056 1,019 768 793 850 767 983 1,227 1,285
OPM % 9.65% 10.99% 6.96% 11.1% 13.82% 10.29% 8.5% 7.88% 7.51% 6.68% 9.8% 11.21% 11.39%
Other Income 35 43 365 136 81 78 70 61 57 89 54 58 56
Interest 32 70 88 78 89 126 210 240 210 221 224 178 199
Depreciation 40 52 56 59 62 60 71 96 105 106 101 98 99
Profit before tax 162 334 873 709 986 911 557 517 592 529 712 1,009 1,043
Tax 46 124 314 241 292 277 123 152 190 172 235 345 349
Net Profit 117 210 560 468 694 639 432 357 402 357 477 664 694
EPS (unadj) 8.84 14.42 38.29 31.66 23.46 21.47 14.45 11.83 12.88 12.27 16.35 22.70
Dividend Payout % 21.77% 23.31% 25.0% 29.99% 28.44% 30.96% 29.49% 35.74% 32.62% 32.6% 30.58% 28.64%
Compounded Sales Growth
10 Years:1.74%
5 Years:3.92%
3 Years:-1.07%
TTM:9.81%
Compounded Profit Growth
10 Years:1.61%
5 Years:8.98%
3 Years:17.91%
TTM:28.10%
Return on Equity
10 Years:25.39%
5 Years:17.79%
3 Years:18.07%
TTM:22.14%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
26 28 28 28 28 28 28 28 29 29 29 29
Reserves 526 768 1,184 1,473 1,929 2,372 2,168 2,253 2,173 2,605 2,862 3,097
Borrowings 549 1,043 1,771 2,047 1,562 2,943 2,946 1,843 2,288 2,677 2,228 2,728
678 931 1,859 1,099 2,020 2,664 3,315 3,528 3,905 3,918 3,588 3,956
Total Liabilities 1,778 2,770 4,841 4,648 5,539 8,008 8,457 7,652 8,395 9,229 8,707 9,811
376 729 769 811 801 1,296 1,856 1,734 1,380 1,320 1,328 1,305
CWIP 11 11 28 146 303 527 420 74 47 42 22 46
Investments 212 72 221 169 171 150 160 342 352 477 388 221
1,179 1,958 3,824 3,521 4,264 6,036 6,021 5,501 6,616 7,390 6,969 8,238
Total Assets 1,778 2,770 4,841 4,648 5,539 8,008 8,457 7,652 8,395 9,229 8,707 9,811

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018
122 325 16 693 796 95 985 1,461 86 18 915 256
-23 -207 -166 -214 -109 -794 -640 -81 -216 -61 -79 41
43 -184 468 57 -689 705 -929 -1,344 -64 8 -864 -1
Net Cash Flow 142 -66 318 535 -2 6 -583 35 -194 -34 -28 295