Coromandel International Ltd is a leading fertilizer company in India that manufactures phosphate fertilizers and crop protection products. It produces fertilizers like DAP, complexes, and single super phosphate. The industry is dominated by large plants producing primarily urea, DAP, and ammonium-based fertilizers. Coromandel offers various nitrogen and phosphate-based complex fertilizers tailored to soil and crop needs. A new nutrient-based subsidy policy in 2010 benefited farmers, industry and government by ensuring timely fertilizer availability through imports and subsidy reimbursements.

2. Presented by:
Karhale sunil.B
Roll No.: 80
Batch : 2013-15 PGDABM

3. Chairman
A Vellayan
Corporate office – Secunderabad , Andhra Pradesh
Establishment – 1961

4. Coromandel International Ltd. is among
the top fertilizer companies in India
manufacturing phosphate fertilizers, Crop
Protection products which includes
Insecticides, Fungicides, Plant Growth
Regulators and Herbicides and specialty
nutrients. the top 20 best companies to
work for by Business Today.

5. Industry Analysis
Main fertlizers produced in India
• Urea
•Di-ammonium Phospahte
•Complexes
•Single Super Phosphate

6. Industry Analysis
• 65 large-sized fertilizer plants in India
• 32 units-urea
• 20 units-DAP & complex fertilizers
• 13 units-ammonium phosphate & CAN
• Nitrogenous fertilizers-88% urea ,10%
DAP & 2% ammonium fertilizers.

7. Product of coromandal
Parry Super (Single Super Phospate)
•First chemical Fertiliser to be manufactured in
India.
•Favoured Fertiliser for dry land areas.
•Controls acidity in soil and increase productivity.
Gromor 28-28-0
•Complex with highest N&P in 1:1 ratio.
Unique granulation by coating prilled urea with
ammonium phosphate lay

8. DAP
GODAVARI DAP (NP 18:46) is a complex
fertiliser containing two major plant
nutrients - Nitrogen and Phosphorus.
10:26:26A
•Godavari 10:26:26 is a high analysis
complex fertiliser containing all the three
major plant nutrients viz. Nitrogen,
Phosphate and Potash.

9. 12:32:16
Godavari 12:32:16 is a complex
fertiliser containing all three major
plant nutrients viz. Nitrogen,
Phosphate and Potash.

10. ------------------ in Rs. Cr. ------------------Mar '13
Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
28.26
28.26
0.00
0.00
Mar '11
28.18
28.18
0.00
0.00
Mar '10
Mar '09
28.05
28.05
0.00
0.00
27.98
27.98
0.00
0.00
2,147.30 2,342.93 1,875.93 1,406.93 1,099.16
Revaluation Reserves
Networth
Mar '12
28.31
28.31
0.00
0.00
Particulars
0.00
0.00
0.00
0.00
0.00
2,175.61 2,371.19 1,904.11 1,434.98 1,127.14
Secured Loans
424.57
733.64
387.69
465.60
297.05
Unsecured Loans
1,815.01 1,683.90
Total Debt
2,239.58 2,417.54 1,369.76 1,819.73 1,627.00
Total Liabilities
4,415.19 4,788.73 3,273.87 3,254.71 2,754.14
12 mths
12 mths
12 mths
982.07 1,354.13 1,329.95
12 mths
12 mths

11. ------------------ in Rs. Cr. ------------------1. Application Of Funds
1. Gross Block
1. 1,767.7 1. 1,397.3 1. 1,344.2 1. 1,299.6 1. 1,204.9
2
2
1
0
8
1. Less: Accum. Depreciation
1. 625.67 1. 590.22 1. 550.51 1. 495.56 1. 440.94
1. Net Block
1. 1,142.0
1. 807.10 1. 793.70 1. 804.04 1. 764.04
5
1. Capital Work in Progress
1. 27.94
1. Investments
1. 879.55 1. 627.94 1. 642.30
1. Inventories
1. Sundry Debtors
1. 163.52 1. 59.49
1. 13.28
1. 27.80
1. 1,071.0 1.
0
1. 1,264.8 1. 1,855.6 1. 1,513.1
1.
1. 926.42
9
1
2
1. 1,610.8
1. 887.02 1. 205.18 1. 142.71 1.
9
1,043.6
0
1,347.5
1
104.33
1. Cash and Bank Balance
1. 452.76 1. 413.81 1. 352.01 1. 89.51
1. 340.95
1. Total Current Assets
1. 3,328.5 1. 3,156.4 1. 2,070.3 1. 1,158.6 1. 1,792.7
4
4
1
4
9

12. ------------------ in Rs. Cr. ------------------Loans and Advances
1,969.20 2,073.19 1,129.46
Fixed Deposits
0.00
Total CA, Loans & Advances
Deffered Credit
550.04
720.35
0.55
5,297.74 5,733.67 3,749.81 2,513.07 2,862.63
0.00
Current Liabilities
504.04
634.08 1,069.29
0.00
0.00
0.00
0.00
2,733.49 2,394.87 1,839.16 1,052.29 1,821.97
Provisions
198.60
148.63
132.27
94.39
121.96
Total CL & Provisions
2,932.09 2,543.50 1,971.43 1,146.68 1,943.93
Net Current Assets
2,365.65 3,190.17 1,778.38 1,366.39
Miscellaneous Expenses
Total Assets
0.00
0.00
0.00
0.00
918.70
0.00
4,415.19 4,788.73 3,273.87 3,254.71 2,754.14
Contingent Liabilities
Book Value (Rs)
441.50
76.86
418.98
83.92
Source : Dion Global Solutions Limited
555.83
67.56
321.18
102.30
376.11
80.57

13. Particulars
Mar '13
Income
Mar '12
Mar '11
Mar '10
Mar '09
------------------ in Rs. Cr. -------------------
Sales Turnover
8,665.52 9,838.88 7,670.85 6,500.53 9,585.58
Excise Duty
105.28
Net Sales
8,560.24 9,744.29 7,613.92 6,464.64 9,538.91
Other Income
Stock Adjustments
67.03
-129.18 34.71
-147.20 258.87 219.97
Total Income
8,480.07 9,873.98 7,868.60 6,396.43 9,962.06
12 mths
12 mths
12 mths
94.59
12 mths
56.93
35.89
46.67
85.47
117.81
-153.68 305.34
12 mths
Source : Dion Global Solutions Limited

14. Expenditure
------------------ in Rs. Cr. -------------------
Raw Materials
6,437.52 7,845.51 5,952.23 4,810.16 8,326.57
Power & Fuel Cost
Employee Cost
107.18
205.02
90.54
188.22
86.88
181.72
66.84
166.79
63.05
133.39
Other Manufacturing Expenses 20.09
18.37
50.08
35.96
37.14
Selling and Admin Expenses
0.00
506.53
485.17
424.56
301.80
Miscellaneous Expenses
908.72
151.26
59.20
78.06
158.21
Preoperative Exp Capitalised
0.00
0.00
0.00
0.00
0.00
Total Expenses
7,678.53 8,800.43 6,815.28 5,582.37 9,020.16
Source : Dion Global Solutions Limited

15. ------------------ in Rs. Cr. -------------------
Operating Profit
734.51
1,202.73 1,018.61 728.59
824.09
PBDIT
801.54
1,073.55 1,053.32 814.06
941.90
Interest
176.67
116.51
84.22
75.37
84.72
PBDT
624.87
957.04
969.10
738.69
857.18
Depreciation
58.54
56.16
61.74
59.23
56.13
Other Written Off
0.00
0.00
0.00
0.00
0.00
Profit Before Tax
566.33
900.88
907.36
679.46
801.05
Extra-ordinary items
0.00
68.89
81.10
28.98
7.13
PBT (Post Extra-ord Items)
566.33
969.77
988.46
708.44
808.18
Tax
122.34
276.50
294.00
240.24
311.80
Source : Dion Global Solutions Limited

16. ------------------ in Rs. Cr. -------------------
Reported Net Profit
443.99
693.27
694.46
468.20
496.38
Total Value Addition
1,241.01 954.92
863.05
772.21
693.59
Preference Dividend
0.00
0.00
0.00
0.00
0.00
Equity Dividend
127.45
197.78
197.30
140.26
139.90
Corporate Dividend Tax
21.66
32.08
32.44
23.62
23.78
Per share data (annualised)
Shares in issue (lakhs)
2,830.58 2,825.70 2,818.34 1,402.73 1,398.97
Earning Per Share (Rs)
15.69
24.53
24.64
33.38
35.48
Equity Dividend (%)
450.00
700.00
700.00
500.00
500.00
Book Value (Rs)
76.86
83.92
67.56
102.30
80.57
Source : Dion Global Solutions Limited
Source : Dion Global Solutions Limited

17. • Nutrient Based Subsidy (NBS) policy
introduced in April’10 has been received
well by
all stakeholders- farmers/Industry/Govt.
• Ensured timely availability of fertilizers
through out the year supplemented by

18. New Nutrient based Subsidy Policy
imports
• Subsidy reimbursement reasonably on time to
meet the liquidity ( delay in last
qtr. of FY 11)
• International prices were stable throughout the
yr.
• MRP revised to offset the cost increases

19. Through this term assignment, we have attempted to use the
understanding of environmental, industrial, situational,
organisational analysis to develop strategies for the
companies.
compare both companies with respect to their
strengths, weaknesses, opportunities and threats, and also
arrive at the business strategies.
Findings from this assignment on the fertilizers industry
using Coromandel Fertilizers Limited

20. The report has been prepared using data, inferences and
understanding from:
Ministry of Chemicals & Fertilizers - Department of
Fertilizers
Annual reports and business reports Coromandel
Fertilizers Limited
Fertilizer Association of India - Fertilizer Scenario
2012