Coromandel International Ltd
NSE: COROMANDEL BSE: 506395
₹2275
(1.14)%
Fri, 06 Feb 2026, 05:59 am
Market Cap670.32B
PE Ratio28.01
Dividend0.53
Process Industries
Chemicals: Specialty
24.5Kcoromandel international ltd History
1961
- Incorporated as private company on 16th October.
- Promoted by California Chemical Company (Chevron Chemical), International Minerals & Chemical Corporation of USA, and E.I.D. Parry Ltd.
- Manufactures and sells complex fertilisers and urea under Gromor brand.
1964
- Converted to public company on 10th April.
- Entered collaboration agreement with Chevron Chemical Company and International Minerals & Chemical Corporation.
- Allotted 10,97,680 equity shares of Rs 10 each, including 5,15,910 to International Minerals & Chemical Corporation.
- Entered know-how agreement with E.I.D. Parry Ltd. and allotted 63,540 equity shares.
- Subdivided Rs 100 shares into Rs 10 each and issued 84,84,690 equity shares: 21,11,410 to California Chemical Co. (5,81,770 without cash), 18,72,390 to International Minerals & Chemical Corpn. (5,15,910 without cash), 5,50,850 to E.I.D. Parry Ltd., 39,50,040 to public.
1966
- Reissued 1,625 forfeited shares.
1967
- Reissued 1,675 forfeited shares.
- Issued 10,87,320 rights shares at par in proportion 16:125.
1978
- Issued 57,49,206 bonus shares in proportion 3:5.
1982
- Commissioned plant with 10,00,000 tonnes annual capacity at Chilamkur, Cuddapah district, AP at Rs 79 crores.
1984
- Issued 8,81,888 equity shares at premium of Rs 10 on conversion of debentures/loans.
1985
- Issued 81,06,552 bonus shares in proportion 1:3.
1987
- Cement production affected by 40-80% power cuts and poor quality coal.
1988
- Commissioned two 2.7 MW generating sets in January.
- Added 2.7 MW DG set in June.
- Proposed de-bottlenecking of sulphuric acid and phosphoric acid plants.
- Commissioned effluent treatment plant of 100m3/hr capacity at Rs 235 lakhs.
1991
- Ammonia and urea plants affected by poor power supply and equipment issues.
- Installed second 4 MW diesel generating set.
1992
- Ammonia and sulphuric acid plants affected by power restrictions, equipment failure, and ammonia converter leakage.
- Incurred expenditure on sulphuric acid and complex plant debottlenecking and ammonia converter cartridge replacement.
1993
- Commissioned fluorine recovery unit.
1994
- E.I.D. Parry through Dhanyalakshmi Investments purchased shareholding of Chevron Chemical Company.
2002
- Acquired 207,500 shares (0.648%) of Godavari Fertilisers and Chemicals Ltd.
2003
- Board approved demerger of EID's Farm Inputs Division.
- Ploughed back profits to restructure plant.
- Acquired 25.88% equity shares of Godavari Fertilisers and Chemicals Ltd.
- Made open offer for 20% equity shares of GFCL at Rs 124.
- Shareholders approved investment up to 14,680,000 equity shares.
- Finalised shareholders agreement with IFFCO for GFCL takeover.
- Signed MoU with Foskar for raw material supply and 5% share transfer of GFCL.
- Installed ship unloader costing Rs 20 Cr at captive berth.
- Acquired 47,82,249 shares (14.94%) of GFCL, making it a subsidiary.
- Entered agreement with Fosker Limited for transfer of 16,00,000 shares (5%) of GFCL at Rs 124 per share.
2004
- Sold 5% stake in Godavari Fertilizers.
- Inked agreement with union.
2005
- Entered MoU with Groupe Chimique Tunisien for JV phosphoric acid project in Tunisia.
- Entered BAA and SSA with Foskor, South Africa.
- Signed agreement with GSFC and Tunisian company.
2006
- Inked share purchase agreement with Ficom.
- Split face value of shares from Rs 10 to Rs 2.
2009
- Appointed Ramesh Savoor as Additional Director.
- Changed name to Coromandel International Ltd.
2010
- Entered share purchase agreement for 100% of Pasura Biotech Pvt Ltd.
- Entered licence agreement with Shell Research Ltd. for Shell Thiogro technology.
- Appointed Kapil Mehan as CEO.
- Split face value of shares from Rs 2 to Re 1.
2011
- Acquired 42.22% equity shares of Sabero Organics Gujarat Ltd.
- Signed agreement with Qatar Fertiliser Company for urea supply.
- Supported 160 rural girl students in Nalgonda district under CSR.
- Declared 400% interim dividend.
2012
- Recommended final dividend of Rs. 3 per share.
2013
- Acquired Liberty Phosphate Group.
- Received Golden Peacock National Training Award.
- Received 3 CSR Awards from World CSR Congress.
- Received Best Management Award-2013 from Government of Andhra Pradesh.
- Inaugurated phosphoric acid plant of TIFERT JV.
2014
- High Court of Andhra Pradesh approved amalgamation of Liberty Phosphate Ltd and Liberty Urvarak Ltd.
- Approved amalgamation of Sabero Organics Gujarat Ltd with Coromandel.
- Entered JV for farm machinery manufacturing.
2017
- Received green nod for Rs 225 Cr expansion plan in Andhra Pradesh.
- Announced acquisition of Bio-Pesticides business of E.I.D. Parry.
2018
- Received Best Management Award from Labour Department, Govt of AP for Kakinada and Visakhapatnam units.
2021
- Announced new sulphuric acid plant at Visakhapatnam.
2022
- Launched 5 new crop protection products.
- Announced acquisition of 45% equity stake in BMCC for INR 225 Cr.
- Continued investments in AG Tech companies.
2023
- Unveiled Nanotechnology Center at Coimbatore.
- Commissioned Sulphuric Acid Plant and Desalination Plant at Visakhapatnam.
2024
- Announced investments of INR 800 Crore for expansion of granulation facility at Kakinada, AP and Ankleshwar, Gujarat.
- Acquired stake in Coromandel Crop Protection Philippines Inc.
- Increased stake in drone company Dhaksha and invested INR 150 crore for research and expansion projects.
- Unveiled new crop protection products.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800