Risk factor
Negligible price volatility
Profitability factor
Very strong margins and returns
About
Coromandel International Limited engages in the manufacture and sale of farm inputs in India. The company operates in two segments, Nutrient and Other Allied Business; and Crop Protection. It offers phosphatic and other fertilizers; bio pesticide solutions; single super phosphates; crop protection products, including insecticides, fungicides, herbicides, and bio products, as well as plant growth regulators; specialty nutrients, such as bentonite sulphur, water-soluble and liquid fertilizers, and micronutrients; and organic nutri-booster solutions. The company also provides farming services, such as crop advisory, soil testing, and farm mechanization. In addition, it operates approximately 750 rural retail outlets in Andhra Pradesh, Telangana, and Karnataka. The company also exports its products. The company was formerly known as Coromandel Fertilisers Ltd and changed its name to Coromandel International Limited in September 2009. The company was incorporated in 1961 and is based in Secunderabad, India. Coromandel International Limited is a subsidiary of E.I.D.-Parry (India) Limited.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, over
Target Price
The average target price of COROMANDEL.NS is 2711 and suggests 29% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation
Buy
Sell