Coromandel International (NSE:COROMANDEL) Gross Margin %: 28.06% (As of Mar. 2026)


NSE:COROMANDEL Coromandel International Ltd NSE:COROMANDEL
93 GF Score
Price ₹2,067.80
GF Value ₹2,464.59
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Coromandel International Gross Margin %?

Coromandel International NSE:COROMANDEL +2.66% 93 Gross Margin % is 28.06% as of Mar. 2026. GuruFocus rates NSE:COROMANDEL with a GF Score™ of 93/100 and a GF Value™ of ₹2,464.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 245 Agriculture companies, Coromandel International ranks worse than 50.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Coromandel International's Gross Profit for the three months ended in Mar. 2026 was ₹16,847 Mil. Coromandel International's Revenue for the three months ended in Mar. 2026 was ₹60,037 Mil. Therefore, Coromandel International's Gross Margin % for the quarter that ended in Mar. 2026 was 28.06%.


The historical rank and industry rank for Coromandel International's Gross Margin % or its related term are showing as below:

NSE:COROMANDEL' s Gross Margin % Range Over the Past 10 Years
Min: -56.77   Med: -4.34   Max: 24.81
Current: 24.81


During the past 13 years, the highest Gross Margin % of Coromandel International was 24.81%. The lowest was -56.77%. And the median was -4.34%.

NSE:COROMANDEL's Gross Margin % is ranked worse than
50.2% of 245 companies
in the Agriculture industry
Industry Median: 24.81 vs NSE:COROMANDEL: 24.81

Coromandel International had a gross margin of 28.06% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Coromandel International was 0.00% per year.


Coromandel International  (NSE:COROMANDEL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Coromandel International had a gross margin of 28.06% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Coromandel International Gross Margin % Related Terms


Coromandel International Gross Margin % Historical Data

* Premium members only.

The historical data trend for Coromandel International's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Coromandel International Gross Margin % Chart

Coromandel International Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.86 -56.77 -20.26 -12.88 -17.79

Coromandel International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.69 25.61 23.73 23.14 28.06

NSE:COROMANDEL vs CTVA, CF, MOS: Gross Margin % Comparison

For the Agricultural Inputs subindustry, Coromandel International's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coromandel International Gross Margin % vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Coromandel International's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coromandel International's Gross Margin % falls into.


NSE:COROMANDEL
93GF Score
Coromandel International Ltd NSE:COROMANDEL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coromandel International Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Coromandel International's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=-35980.1 / 202232.1
=(Revenue - Cost of Goods Sold) / Revenue
=(202232.1 - 238212.2) / 202232.1
=-17.79 %

Coromandel International's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=16847.2 / 60036.6
=(Revenue - Cost of Goods Sold) / Revenue
=(60036.6 - 43189.4) / 60036.6
=28.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 28.06% mean?
Coromandel International (NSE:COROMANDEL) has a Gross Margin % of 28.06% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coromandel International and its competitors. According to the industry distribution chart, Coromandel International ranks #123 out of 245 companies in the Agriculture industry, placing it in the top 50.2%.
Is Coromandel International's Gross Margin % too high?
Coromandel International's current Gross Margin % is 28.06%. The Agriculture industry median Gross Margin % is 24.81. Coromandel International's value of 28.06% is 13.1% above this industry median. Based on the distribution chart, Coromandel International ranks #123 out of 245 companies in the Agriculture industry, which is below the industry midpoint. Overall, Coromandel International has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel International's Gross Margin % compare to CTVA and CF?
According to the Agriculture industry distribution chart, Coromandel International ranks #123 out of 245 companies for Gross Margin %. This places Coromandel International in the lower half of its industry. The industry median Gross Margin % is 24.81. Coromandel International's value of 28.06% is 13.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Agriculture company?
The median Gross Margin % among Agriculture companies is 24.81, based on 245 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coromandel International's current Gross Margin % of 28.06% is 13.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Coromandel International and its competitors. For the Agriculture industry, the median Gross Margin % is 24.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel International's current Gross Margin % is 28.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel International stock overvalued right now?
Based on GuruFocus' analysis, Coromandel International (NSE:COROMANDEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,464.59, compared to a current price of ₹2,067.80 — trading 16.1% below its estimated fair value. The current Gross Margin % is 28.06% and 13.1% above the Agriculture industry median of 24.81. Coromandel International's overall GF Score™ is 93/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Coromandel International (NSE:COROMANDEL), the current Gross Margin % is 28.06% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Coromandel International (NSE:COROMANDEL) Overvalued in 2026?

Based on GuruFocus' analysis, Coromandel International stock appears to be undervalued. The current stock price of ₹2,067.80 is trading 16.1% below its estimated GF Value™ of ₹2,464.59. GuruFocus considers Coromandel International to be Modestly Undervalued.

Key valuation signals for NSE:COROMANDEL:

  • Gross Margin %: 28.06%
  • GF Value™: ₹2,464.59 vs. price of ₹2,067.80 (16.1% below fair value)
  • GF Score™: 93/100 with 4 warning signs
  • Industry Position: 13.1% above the Agriculture median (#123 of 245)

No single metric tells the full story. See the NSE:COROMANDEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coromandel International Business Description

Other Exchanges 506395:India
Address SIDCO Industrial Estate, 15B SP, Olympia Terraces, Guindy, Chennai, TN, IND, 600032
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water-soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, which derives maximum revenue, and Crop Protection. Geographically, the company generates a majority of its revenue from its operations in India.
93GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,067.80
Price
₹2,464.59
GF Value