Coromandel International announced a special dividend of ₹3.00 per share, with the ex-date due tomorrow, July 17, 2025. The stock last traded at ₹2,345.90, declining by 1.65% compared to the previous day's close. This corporate action aims to distribute a portion of the company's earnings to its shareholders, reflecting its financial performance and stability.
Coromandel International, with a market capitalization of ₹69,166.03 Crore, has shown considerable financial growth over the past few years. The company's revenue for the year ending March 2025 stood at ₹24,085.24 Crore, compared to ₹22,058.39 Crore in the previous year. The net profit for the same period increased to ₹2,108.15 Crore from ₹1,667.17 Crore. The Earnings Per Share (EPS) also saw an increase, reaching ₹70.23 in March 2025 from ₹55.81 in March 2024. These figures underscore the company's robust financial health and its ability to generate consistent profits.
The dividend payout is scheduled for July 17, 2025, providing shareholders with an additional return on their investment. Dividend announcements can often influence investor sentiment, potentially leading to increased trading activity in the stock. The company's book value per share has also seen steady growth, reaching ₹376.37 in March 2025 compared to ₹320.88 in the previous year. This growth reflects the increasing intrinsic value of the company and its commitment to enhancing shareholder value.
Coromandel International's financial ratios further highlight its strong performance. The Return on Equity (ROE) for March 2025 was 18.63%, showcasing the company's efficiency in generating profits from shareholders' equity. The Debt to Equity ratio remains low at 0.02, indicating a conservative approach to leverage and a strong balance sheet. These metrics are crucial for investors when evaluating the company's financial stability and long-term growth potential.
| Particulars | Details |
|---|---|
| Dividend per share | ₹3.00 |
| Ex-Date | 17 Jul 2025 |
| Payment Date | 17 Jul 2025 |
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
| Revenue (₹ Crore) | 4,988.39 | 3,912.72 | 7,432.83 | 4,728.83 | 3,912.72 |
| Net Profit (₹ Crore) | 595.10 | 174.06 | 671.99 | 324.67 | 174.06 |
| EPS | 19.70 | 5.45 | 22.57 | 10.57 | 5.45 |
The balance sheet reveals that Coromandel International has total assets worth ₹18,927 Crore, with fixed assets valued at ₹4,250 Crore and current assets at ₹13,230 Crore. The company's total liabilities stand at ₹18,927 Crore, reflecting its financial obligations and its ability to meet its financial commitments.
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