Coromandel International Limited · NSE:COROMANDEL
Coromandel International — Q2 FY2025 Earnings Presentation
17 slides from Coromandel International's earnings presentation, February 2025
Slide 1: Investor Presentation Q2 FY24-25
Investor Presentation Q2 FY24-25
Slide 2: Disclaimer
Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements,” including those relating to general business plans and strategy of Coromandel International Ltd, its future outlook and growth prospects, and future developments
Slide 3: Q2 Company Highlights
Q2 Company Highlights Capacity Creation (Approved projects) • NPK fertilizer complex at Kakinada : 7.5 lakh ton capacity • Multi product plant for manufacturing Fungicide Technicals at Ankleshwar Backward Integration • Phosphoric acid (650tpd) & Sulphuric acid (2000 tpd) plant capex at Kakinada prog
Slide 4: Q2 Performance Summary - Consolidated
Q2 Performance Summary - Consolidated Revenue from Book Value Net Debt EBITDA* Profit After Tax Basic EPS Operations (per share) to equity ratio Q2 FY25 ₹ 7,433 Cr ₹ 975 Cr ₹ 659 Cr ₹ 345 ₹ 22.6 0.0 times 6% -8% -13% 12% -12% Q2 FY24 ₹ 6,988 Cr ₹ 1,059 Cr ₹ 755 Cr ₹ 308 ₹ 25.7 0.0 times * Excluding
Slide 5: H1 Performance Summary - Consolidated
H1 Performance Summary - Consolidated Revenue from Book Value Net Debt EBITDA* Profit After Tax Basic EPS Operations (per share) to equity ratio H1 FY25 ₹ 12,162 Cr ₹ 1,481 Cr ₹ 968 Cr ₹ 345 ₹ 33.1 0.0 times -4% -16% -22% 12% -22% H1 FY24 ₹ 12,682 Cr ₹ 1,768 Cr ₹ 1,249 Cr ₹ 308 ₹ 42.5 0.0 times * Ex
Slide 6: Fertiliser Industry: DAP & NPK Q2 FY25
Fertiliser Industry: DAP & NPK Q2 FY25 Qty in Lakh MT Qty in Lakh MT NPK DAP 41.1 50.6 46.0 26.5 28.7 24.5 11.5 11.5 13.1 8.5 4.1 4.5 Production Imports Sales* Production Imports Sales* LY CY LY CY Production growth: 1% Production growth: 17% Imports growth: - 35% Imports growth: 10% Sales growth: -
Slide 7: Fertiliser Industry: DAP & NPK H1 FY25
Fertiliser Industry: DAP & NPK H1 FY25 Qty in Lakh MT Qty in Lakh MT NPK DAP 62.8 72.5 61.4 45.7 53.9 48.9 34.5 23.3 21.5 19.7 13.0 11.0 Production Imports Sales* Production Imports Sales* LY CY LY CY Production growth: - 8% Production growth: 10% Imports growth: - 43% Imports growth: - 16% Sales gr
Slide 8: Fertiliser Industry: Urea & MOP Q2 FY25
Fertiliser Industry: Urea & MOP Q2 FY25 Qty in Lakh MT Qty in Lakh MT Urea MOP 126.8 6.3 6.2 122.1 6.1 5.5 78.9 77.5 11.2 7.1 Production Imports Sales* Imports Sales* LY CY LY CY Production growth: - 2% Imports growth: 5% Imports growth: - 37% Sales growth: 13% Sales growth: 4% * DBT sales Source: F
Slide 9: Fertiliser Industry: Urea & MOP H1 FY25
Fertiliser Industry: Urea & MOP H1 FY25 Qty in Lakh MT Qty in Lakh MT Urea MOP 183.9 189.1 17.1 15.3 152.7 153.1 9.3 7.7 22.6 16.7 Production Imports Sales* Imports Sales* LY CY LY CY Production growth: 0.2% Imports growth: - 11% Imports growth: - 26% Sales growth: 20% Sales growth: 3% * DBT sales S
Slide 10: CIL: Nutrients – Q2 FY25
CIL: Nutrients – Q2 FY25 Sales in Rs. Crs 6,750 7,000 6,800 Volume Summary – Sales* 6,600 7% 7% Vol. in Lakh MT 6,302 Segment Q2 FY24 Q2 FY25 Growth 6,400 6,200 6,000 NPK+DAP 5,800 5,600 Manufactured 10.27 10.86 5.8% Imported 1.32 2.24 69.4% 5,400 5,200 5,000 Total 11.59 13.10 13.0% Q2 FY24 Q2 FY25
Slide 11: CIL: Nutrients – H1 FY25
CIL: Nutrients – H1 FY25 Sales in Rs. Crs 12,000 11,502 Volume Summary – Sales* 11,500 -5% Vol. in Lakh MT 7% 10,964 11,000 Segment H1 FY24 H1 FY25 Growth 10,500 NPK+DAP 10,000 Manufactured 17.86 18.98 6.3% 9,500 Imported 2.29 2.50 9.0% 9,000 Total 20.15 21.48 6.6% H1 FY24 H1 FY25 SSP 3.91 3.88 -1.0
Slide 12: Subsidy – Q2 FY25
Subsidy – Q2 FY25 Subsidy Outstanding (Rs. in Cr) 1,800 Nutrient based subsidy rates (Rs/kg) 1,714 1,700 1,600 Period N P K S 1,497 1,500 FY24 H1 76.49 41.03 15.91 2.80 1,400 1,300 FY24 H2 47.02 20.82 2.38 1.89 1,200 FY25 H1 47.02 28.72 2.38 1.89 1,100 1,000 FY25 H2 43.02 30.8 2.38 1.76 Q2 FY24 Q2 F
Slide 13: CIL: Crop Protection segment – Q2 FY25
CIL: Crop Protection segment – Q2 FY25 Sales* in Rs. Crs 770 3% 751 750 730 730 Sales - Rs. in Cr 710 Market Q2 FY24 Q2 FY25 Gr% 690 670 Domestic 449 487 8% Exports 281 264 -6% 650 Q2 FY24 Q2 FY25 Total 730 751 3% PBIT* in Rs. Crs 120 110 108 24% 100 90 87 80 70 60 50 40 Q2 FY24 Q2 FY25 Note: Sales
Slide 14: CIL: Crop Protection segment – H1 FY25
CIL: Crop Protection segment – H1 FY25 Sales* in Rs. Crs 1,350 1,303 1,300 1,278 2% 1,250 Sales - Rs. in Cr 1,200 Market H1 FY24 H1 FY25 Gr% 1,150 Domestic 756 815 8% Exports 522 488 -7% 1,100 H1 FY24 H1 FY25 Total 1,278 1,303 2% PBIT* in Rs. Crs 171 190 170 150 142 20% 130 110 90 70 50 H1 FY24 H1 F
Slide 15: CIL: Consolidated P&L – Q2 & H1 FY25
CIL: Consolidated P&L – Q2 & H1 FY 25 Rs. Crs Q2 H1 Q2 LY H1 LY P&L(Summary) Q2 CY H1 CY Gr% Gr% 6,988 12,682 Revenue from Operations 7,433 12,162 6% -4% 1,059 1,768 EBITDA* 975 1,481 -8% -16% 15% 14% EBITDA Margin % 13% 12% 54 102 Depreciation 69 134 46 87 Finance cost 66 123 755 1,249 PAT 659 968
Slide 16: Share Holding Pattern – 30th Sep 2024
Share Holding Pattern – 30th Sep 2024 • Promoters: - EID Parry (India) Ltd (56.2%) QIB & Insurance Co, 4.2% - Individual/HUF (0.6%) Public &Others, - Trust/NRI/Others (0.4%) 14.3% • Top Domestic Institutional Holdings: - Kotak Mutual Fund (5.5%) - DSP Mutual Fund (2.1%) FII, 7.8% - SBI Mutual Fund(2
Slide 17: Thank you
Corporate Office: For Investor Relations, contact: Coromandel International Ltd., Olympia Terraces, 15B(SP), SIDCO Industrial Estate, Guindy, Thank you Ms Jayashree Satagopan, CFO Mr. Anuj Naithani, GM Chennai – 600032, Tamil Nadu NaithaniA@coromandel.murugappa.com 17
Coromandel International — Q2 FY2025 Earnings Presentation on 6ix