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Coromandel Engg. Co Overview

Coromandel Engineering Company Limited (CECL) is a construction and property development company that was established in 1947 as part of the Murugappa Group. CECL’s promoters sold their entire 73.28% stake in the company to Accord Distillers & Brewers Private Limited, Teyro Labs Private Limited, Jam Hotels and Resorts Private Limited, and Sundeep Anand Jegath Rakshagan in 2023. CECL’s management team consists of Mr. M.M. Venkatachalam as the chairman, Mr. N.V. Ravi, Mr. P. Nagarajan, Ms. G. Jalaja, Mr. A. Sridhar, and Mr. S. Shams...Read More

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Coromandel Engg. Co Key Financials

Market Cap ₹252 Cr.

Stock P/E 606.9

P/B 25.7

Current Price ₹72.2

Book Value ₹ 2.8

Face Value 10

52W High ₹72.2

Dividend Yield 0%

52W Low ₹ 41.5

Coromandel Engg. Co Share Price

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Volume
Price

Coromandel Engg. Co Quarterly Price

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Coromandel Engg. Co Peer Comparison

Coromandel Engg. Co Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 23 28 22 24 8 10 7 7 9 13
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 23 28 22 24 8 10 7 7 9 14
Total Expenditure 23 28 21 23 10 10 5 3 8 12
Operating Profit -1 -0 0 1 -2 -0 1 4 1 1
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -2 -1 -1 -0 -3 -1 1 3 0 0
Provision for Tax 0 1 0 -0 -0 -1 -0 0 1 0
Profit After Tax -2 -2 -1 -0 -3 0 1 3 -1 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -2 -2 -1 -0 -3 0 1 3 -1 0
Adjusted Earnings Per Share -0.5 -0.5 -0.3 -0 -1 0 0.2 0.8 -0.2 0

Coromandel Engg. Co Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 230 122 31 33 46 58 109 133 127 97 31 36
Other Income 1 2 1 1 1 3 0 0 0 0 0 0
Total Income 231 124 32 33 46 61 109 133 127 97 31 37
Total Expenditure 206 110 32 37 48 59 110 133 126 96 28 28
Operating Profit 25 14 -0 -4 -2 2 -1 -0 1 1 3 7
Interest 20 8 4 4 6 7 6 5 4 3 3 4
Depreciation 5 4 4 4 4 3 3 3 2 2 1 0
Exceptional Income / Expenses 0 0 0 0 0 2 3 2 2 0 0 0
Profit Before Tax 1 1 -8 -11 -12 -6 -7 -6 -4 -4 -1 4
Provision for Tax -1 0 -0 2 0 -1 1 2 1 1 -1 1
Profit After Tax 1 0 -8 -13 -12 -5 -8 -8 -5 -4 0 3
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 0 -8 -13 -12 -5 -8 -8 -5 -4 0 3
Adjusted Earnings Per Share 0.3 0.1 -2.3 -3.8 -3.6 -1.4 -2.4 -2.4 -1.4 -1.3 0.1 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -68% -38% -12% -18%
Operating Profit CAGR 200% 0% 8% -19%
PAT CAGR 0% 0% 0% -100%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 33% 23% 27% 1%
ROE Average 11% 4% 2% -33%
ROCE Average 9% 3% 1% 1%

Coromandel Engg. Co Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 44 44 36 24 12 28 20 12 8 3 6
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 36 28 17 12 9 10 6 11
Other Non-Current Liabilities -15 -15 -14 -12 -11 -13 -14 -11 -11 -10 -10
Total Current Liabilities 162 64 52 39 49 49 55 50 56 66 58
Total Liabilities 191 94 74 87 78 82 74 60 63 66 65
Fixed Assets 29 25 21 17 13 10 7 5 3 2 4
Other Non-Current Assets 7 5 5 4 4 4 5 4 4 5 4
Total Current Assets 154 64 49 66 61 68 62 51 56 59 57
Total Assets 191 94 74 87 78 82 74 60 63 66 65

Coromandel Engg. Co Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities 60 19 -1 -20 4 -2 11 20 -7 11 -2
Cash Flow from Investing Activities 0 0 0 0 1 2 3 2 1 0 2
Cash Flow from Financing Activities -61 -20 1 20 -4 -1 -14 -21 6 -11 0
Net Cash Inflow / Outflow -1 -0 0 -0 0 0 -0 -0 0 0 0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 0

Coromandel Engg. Co Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.34 0.12 -2.31 -3.77 -3.58 -1.42 -2.39 -2.4 -1.36 -1.32 0.12
CEPS(Rs) 1.81 1.43 -1.14 -2.67 -2.51 -0.41 -1.5 -1.57 -0.69 -0.84 0.45
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 11.16 11.28 8.79 5.02 1.44 0.02 -2.37 -4.8 -6.16 1.05 1.17
Core EBITDA Margin(%) 10.66 9.6 -3.25 -13.89 -5.25 -2.43 -1.04 -0.15 0.44 0.79 10.19
EBIT Margin(%) 8.93 7.5 -13.43 -22.44 -11.35 1.12 -0.81 -0.69 0.29 -0.62 6.77
Pre Tax Margin(%) 0.23 0.56 -25.06 -33.5 -25.25 -10.39 -6.79 -4.24 -3.05 -3.74 -3.07
PAT Margin (%) 0.49 0.33 -24.5 -38.6 -26.04 -8.17 -7.31 -5.99 -3.56 -4.55 1.33
Cash Profit Margin (%) 2.61 3.9 -12.07 -27.28 -18.24 -2.37 -4.6 -3.93 -1.8 -2.88 4.81
ROA(%) 0.46 0.28 -9.14 -15.54 -14.4 -5.89 -10.19 -11.92 -7.35 -6.82 0.63
ROE(%) 3.06 1.08 -23.03 -54.67 -110.91 -194.19 0 0 0 0 11.27
ROCE(%) 15.92 9.94 -6.24 -10.33 -7.35 0.98 -1.48 -2.36 1.23 -2.28 9.08
Receivable days 80.31 108.59 261.05 165.92 71.31 77.23 61.21 57.7 59.3 70.75 245.17
Inventory Days 89.66 122.52 146.82 314.4 337 232.3 91.74 51.56 42.43 49.53 132.4
Payable days 105.74 124.09 672.51 306.98 158.25 154.15 92.64 117.56 137.82 235.34 1518.9
PER(x) 123.45 466.36 0 0 0 0 0 0 0 0 394.23
Price/Book(x) 3.74 5.02 4.42 9.48 19.88 556.25 -11.42 -7.02 -4.7 52.58 42.04
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.93 1.79 5.27 6.68 3.4 1.84 1.37 1.16 1.18 2.06 5.94
EV/Core EBITDA(x) 8.37 16.17 -528.25 -60.09 -95.88 56.83 -150.98 -935.11 245.74 248.34 57.9
Net Sales Growth(%) 15.63 -46.96 -74.36 3.71 40.66 26.15 88.14 22.57 -4.88 -23.61 -67.62
EBIT Growth(%) 786.76 -55.48 -145.93 -73.31 28.88 112.45 -235.62 -5.25 139.45 -264.71 453.72
PAT Growth(%) 112.66 -64.09 -2002.03 -63.38 5.13 60.43 -68.38 -0.45 43.41 2.47 109.44
EPS Growth(%) 112.65 -64.08 -2002.03 -63.38 5.13 60.43 -68.37 -0.45 43.41 2.47 109.43
Debt/Equity(x) 1.61 0.56 0.81 2.2 4.55 1.35 1.51 1.16 3.1 4.8 5.81
Current Ratio(x) 0.95 1.01 0.95 1.68 1.24 1.37 1.12 1.02 1 0.9 0.99
Quick Ratio(x) 0.53 0.8 0.71 0.57 0.41 0.71 0.73 0.71 0.76 0.71 0.82
Interest Cover(x) 1.03 1.08 -1.15 -2.03 -0.82 0.1 -0.13 -0.2 0.09 -0.2 0.69
Total Debt/Mcap(x) 0.51 0.13 0.23 0.33 0.56 0.98 0.34 0.13 0.25 0.09 0.14

Coromandel Engg. Co Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 74.52 74.52 74.52 74.57 74.57 74.57 74.55 73.33 70.87 70.87
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 25.48 25.48 25.48 25.43 25.43 25.43 25.45 26.67 29.13 29.13
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Coromandel Engg. Co News

Coromandel Engg. Co Pros & Cons

Pros

Cons

  • Company has a low return on equity of 4% over the last 3 years.
  • Debtor days have increased from 235.34 to 1518.9days.
  • Stock is trading at 25.7 times its book value.
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