Coromandel International
   HOME

TheInfoList



OR:

Coromandel International Limited is an Indian corporation founded in the early 1960s by IMC and Chevron Companies of USA and EID Parry, headquartered in
Hyderabad Hyderabad ( ; , ) is the capital and largest city of the Indian state of Telangana and the ''de jure'' capital of Andhra Pradesh. It occupies on the Deccan Plateau along the banks of the Musi River (India), Musi River, in the northern part ...
,
Telangana Telangana (; , ) is a States and union territories of India, state in India situated on the south-central stretch of the Indian subcontinent, Indian peninsula on the high Deccan Plateau. It is the List of states and union territories of India b ...
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. Originally named Coromandel Fertilisers, the company is in the business of fertilizers, pesticides and specialty nutrients. The company is also in rural retail business in the states of
Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...
,
Karnataka Karnataka (; ISO: , , also known as Karunāḍu) is a state in the southwestern region of India. It was formed on 1 November 1956, with the passage of the States Reorganisation Act. Originally known as Mysore State , it was renamed ''Karnat ...
and
Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
through its Mana Gromor Centres. Coromandel International is part of
Murugappa Group Murugappa Group is an Indian conglomerate founded in 1900. The Group has 28 businesses including nine companies listed on the NSE and the BSE. Headquartered in Chennai, the major companies of the Group include Carborundum Universal Ltd., Chol ...
and a subsidiary of
EID Parry East India Distilleries (EID) Parry Limited is an Indian public company headquartered in Chennai, Tamil Nadu that has been in business for more than 225 years. It has many firsts to its credit, including the manufacturing of fertilizers (1906 ...
, which holds 62.82% of the equity in the company. The company has sixteen manufacturing units located in the states of
Andhra Pradesh Andhra Pradesh (, abbr. AP) is a state in the south-eastern coastal region of India. It is the seventh-largest state by area covering an area of and tenth-most populous state with 49,386,799 inhabitants. It is bordered by Telangana to the ...
,
Tamil Nadu Tamil Nadu (; , TN) is a States and union territories of India, state in southern India. It is the List of states and union territories of India by area, tenth largest Indian state by area and the List of states and union territories of India ...
,
Maharashtra Maharashtra (; , abbr. MH or Maha) is a states and union territories of India, state in the western India, western peninsular region of India occupying a substantial portion of the Deccan Plateau. Maharashtra is the List of states and union te ...
,
Gujarat Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth ...
,
Rajasthan Rajasthan (; lit. 'Land of Kings') is a state in northern India. It covers or 10.4 per cent of India's total geographical area. It is the largest Indian state by area and the seventh largest by population. It is on India's northwestern si ...
,
Madhya Pradesh Madhya Pradesh (, ; meaning 'central province') is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Ujjain, Gwalior, Sagar, and Rewa being the other major cities. Madhya Pradesh is the seco ...
,
Uttar Pradesh Uttar Pradesh (; , 'Northern Province') is a state in northern India. With over 200 million inhabitants, it is the most populated state in India as well as the most populous country subdivision in the world. It was established in 1950 ...
and Jammu and Kashmir. Its product line includes Gromor, Godavari, Paramfos, Parry Gold and Parry Super. As of 2020 their revenues stood at ₹13,176.73 crore (US$1.8 billion) and their total assets were at ₹10,148.77 crore (US$1.4 billion).


About Coromandel

Coromandel International Limited operates in two major segments: Nutrient and other allied businesses and Crop Protection. These include Fertiliser, Crop Protection, Specialty Nutrients and Organic fertiliser businesses. The Company is 2nd largest manufacturer and marketer of Phosphatic fertiliser in India. The Company's Crop Protection products are marketed in India as well as in international geographies, offering wide range of technical and formulation products. The Specialty Nutrients business of the Company focuses on water-soluble fertiliser and secondary & micro nutrients segments. The Company is leading marketer of Organic fertiliser in India and has recently added bio pesticides to its portfolio. It also operates a network of around 800 rural retail outlets across Andhra Pradesh, Telangana, Karnataka and Maharashtra. Through these Retail outlets, the company offers farming services including crop advisory, soil testing and farm mechanization to around 3 million farmers. The Company has a strong R&D and Regulatory setup, supporting the businesses in process development and new product introduction. The Company has 16 manufacturing facilities, producing wide rangeof Nutrient and Crop Protection products, which are marketed through an extensive network of dealers and its own retail centers. Coromandel was ranked #16 on ''Business Todays 2009 list of the Best Companies to work for in India. The company confers
Borlaug Award The Borlaug Award is an award recognition conferred by a fertilizer company, Coromandel International, for outstanding Indian people, Indian scientists for their research and contributions in the field of agriculture and environment. The award w ...
for outstanding Indian scientist in the field of agriculture and environment


Business line

Coromandel is largely engaged in manufacturing of wide range of phosphatic fertilisers, crop protection products, specialty nutrients like sulphur pastelles, water-soluble fertilisers, micro nutrients and organic fertilisers. Coromandel's business can be broadly divided into four parts:


Fertilizers

Coromandel markets and manufactures wide range of fertilizers which makes it leader in addressable market and 2nd largest producer of phosphatic fertilizers in India. Great Opportunities lies ahead in Fertilizers.


Speciality Nutrients

Company have recently added one more variety of farm inputs. Speciality nutrients are basically developed to cater the need of particular crops at different stage of growth. These set of chemicals have different combination of secondary and micro-nutrients which provides the basic requirement of crops and helps them to grow.


Retail

Company is also present in retail sector. Till 2015 company have more than 750 retails centers in villages of Andhra Pradesh, Telangana and Karnataka. One retail store covers 30-40 nearby villages and caters the needs of 5000 farmers families. Pawan kalyan , alex chukka are key founders


References

{{Nifty 200 companies Fertilizer companies of India Murugappa Group Year of establishment missing 1960s establishments in Andhra Pradesh Companies established in the 1960s Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange