About Coromandel International Ltd
Coromandel International Ltd. is a prominent Indian agrochemical company. It specializes in the manufacture of fertilizers, pesticides, specialty nutrients, and crop protection products. Established on October 16, 1961, the company has over many decades of experience in the agrochemical sector.
Headquartered in Hyderabad, Telangana, Coromandel International Ltd. operates under the umbrella of the Murugappa Group. EID Parry, a key promoter, holds a significant 62.82% stake in the company. This strong backing has enabled Coromandel to become a leader in its field.
The company’s product portfolio is diverse, including fertilizers, specialty nutrients, crop protection products, organic fertilizers, and bio-pesticides. Notably, Coromandel International Ltd. is the largest private-sector phosphatic fertilizer company in India. It is also the world’s most extensive neem-based bio-pesticide manufacturer.
While the stock is not explicitly mentioned as the number one in its sector, Coromandel’s market position is formidable. The promoter shareholding stands at 62.82%, reflecting the strong support from EID Parry.
The managing promoters of the company are:
Coromandel International Ltd. continues to play a crucial role in India’s agricultural sector. It contributes to the country’s food security and sustainable farming practices.
Enhancing Product Portfolio
Coromandel aims to expand and diversify its product portfolio continuously. The idea is to meet the evolving needs of the agricultural sector. This includes developing new and innovative fertilizers, speciality nutrients, and crop protection products. It is leveraging advanced research and development. The company seeks to introduce products that enhance crop yield and quality. Thereby, they support farmers in achieving better productivity.
Sustainable Agriculture Practices
A core goal of Coromandel is to promote sustainable agriculture practices. The company is dedicated to developing eco-friendly products such as organic fertilizers and bio-pesticides. These products not only improve soil health but also reduce the environmental impact of farming. Coromandel is focused on sustainability. This extends to educating farmers about best practices in sustainable agriculture. This ensures long-term benefits for both the environment and the farming community.
Market Leadership
Coromandel strives to maintain and strengthen its position as a market leader in the agrochemical industry. This involves expanding its market share in existing segments. It is also exploring new markets both domestically and internationally. The company aims to be the preferred choice for farmers. It aims to offer high-quality products and exceptional customer service. Achieving market leadership also includes strategic acquisitions and partnerships. These ones help enhance Coromandel’s capabilities and market reach.
Technological Innovation
Innovation is at the heart of Coromandel’s growth strategy. The company invests significantly in research and development. This drives technological advancements in agriculture. This includes developing precision farming solutions and digital tools for farm management. It also includes advanced manufacturing processes. By embracing technology, Coromandel aims to provide farmers with cutting-edge solutions. These solutions improve efficiency and productivity.
Farmer Empowerment
Empowering farmers is a fundamental goal for Coromandel. The company is committed to providing comprehensive support to farmers through training programs. It is also providing advisory services and access to the latest agricultural technologies. Coromandel’s initiatives aim to enhance the knowledge and skills of farmers. It is enabling them to adopt modern farming practices and achieve better outcomes. The company also focuses on improving the socio-economic conditions of farmers. This is done by facilitating access to credit and market linkages.
Operational Excellence
Coromandel is dedicated to achieving operational excellence across all its business functions. This includes optimizing supply chain management and enhancing manufacturing efficiency. This also includes ensuring the highest standards of quality and safety. The company aims to streamline its operations to reduce costs and improve profitability. Operational excellence also involves adopting sustainable practices in manufacturing and logistics. This is to minimize the environmental footprint.
Community Engagement
As a responsible corporate citizen, Coromandel places a strong emphasis on community engagement. The company undertakes various corporate social responsibility (CSR) initiatives. These are aimed at improving the lives of the communities in which it operates. These initiatives focus on areas such as education and healthcare. It also focuses on rural development and environmental conservation. Coromandel’s goal is to create a positive impact on society and contribute to the overall well-being of communities.
Financial Performance
Achieving robust financial performance is a key goal for Coromandel. The company aims to deliver consistent revenue growth and profitability. This is done by expanding its product offerings, entering new markets, and optimizing its operations. Coromandel’s financial strategy includes prudent capital allocation and cost management. It is also maintaining a strong balance sheet. The company is committed to creating value for its shareholders through sustainable financial performance.
Employee Development
Coromandel recognizes that its employees are its greatest asset. The company is committed to fostering a culture of continuous learning and development. This includes providing employees with opportunities for professional growth, skill enhancement, and career advancement. Coromandel’s goal is to build a motivated and high-performing workforce that drives the company’s success.
Headquartered in Hyderabad, Telangana, Coromandel International Ltd. operates under the umbrella of the Murugappa Group. EID Parry, a key promoter, holds a significant 62.82% stake in the company. This strong backing has enabled Coromandel to become a leader in its field.
The company’s product portfolio is diverse, including fertilizers, specialty nutrients, crop protection products, organic fertilizers, and bio-pesticides. Notably, Coromandel International Ltd. is the largest private-sector phosphatic fertilizer company in India. It is also the world’s most extensive neem-based bio-pesticide manufacturer.
While the stock is not explicitly mentioned as the number one in its sector, Coromandel’s market position is formidable. The promoter shareholding stands at 62.82%, reflecting the strong support from EID Parry.
The managing promoters of the company are:
-
A Vellayan
-
Arun Alagappan
-
Raghuram Devarakonda
-
S Sankarasubramanian
-
Arun Vellayan
Coromandel International Ltd. continues to play a crucial role in India’s agricultural sector. It contributes to the country’s food security and sustainable farming practices.
Company Goals
Coromandel International Ltd. is committed to achieving several strategic goals. These align with its vision of sustainable growth and leadership in the agrochemical sector. Here are the key goals of Coromandel International Ltd.:Enhancing Product Portfolio
Coromandel aims to expand and diversify its product portfolio continuously. The idea is to meet the evolving needs of the agricultural sector. This includes developing new and innovative fertilizers, speciality nutrients, and crop protection products. It is leveraging advanced research and development. The company seeks to introduce products that enhance crop yield and quality. Thereby, they support farmers in achieving better productivity.
Sustainable Agriculture Practices
A core goal of Coromandel is to promote sustainable agriculture practices. The company is dedicated to developing eco-friendly products such as organic fertilizers and bio-pesticides. These products not only improve soil health but also reduce the environmental impact of farming. Coromandel is focused on sustainability. This extends to educating farmers about best practices in sustainable agriculture. This ensures long-term benefits for both the environment and the farming community.
Market Leadership
Coromandel strives to maintain and strengthen its position as a market leader in the agrochemical industry. This involves expanding its market share in existing segments. It is also exploring new markets both domestically and internationally. The company aims to be the preferred choice for farmers. It aims to offer high-quality products and exceptional customer service. Achieving market leadership also includes strategic acquisitions and partnerships. These ones help enhance Coromandel’s capabilities and market reach.
Technological Innovation
Innovation is at the heart of Coromandel’s growth strategy. The company invests significantly in research and development. This drives technological advancements in agriculture. This includes developing precision farming solutions and digital tools for farm management. It also includes advanced manufacturing processes. By embracing technology, Coromandel aims to provide farmers with cutting-edge solutions. These solutions improve efficiency and productivity.
Farmer Empowerment
Empowering farmers is a fundamental goal for Coromandel. The company is committed to providing comprehensive support to farmers through training programs. It is also providing advisory services and access to the latest agricultural technologies. Coromandel’s initiatives aim to enhance the knowledge and skills of farmers. It is enabling them to adopt modern farming practices and achieve better outcomes. The company also focuses on improving the socio-economic conditions of farmers. This is done by facilitating access to credit and market linkages.
Operational Excellence
Coromandel is dedicated to achieving operational excellence across all its business functions. This includes optimizing supply chain management and enhancing manufacturing efficiency. This also includes ensuring the highest standards of quality and safety. The company aims to streamline its operations to reduce costs and improve profitability. Operational excellence also involves adopting sustainable practices in manufacturing and logistics. This is to minimize the environmental footprint.
Community Engagement
As a responsible corporate citizen, Coromandel places a strong emphasis on community engagement. The company undertakes various corporate social responsibility (CSR) initiatives. These are aimed at improving the lives of the communities in which it operates. These initiatives focus on areas such as education and healthcare. It also focuses on rural development and environmental conservation. Coromandel’s goal is to create a positive impact on society and contribute to the overall well-being of communities.
Financial Performance
Achieving robust financial performance is a key goal for Coromandel. The company aims to deliver consistent revenue growth and profitability. This is done by expanding its product offerings, entering new markets, and optimizing its operations. Coromandel’s financial strategy includes prudent capital allocation and cost management. It is also maintaining a strong balance sheet. The company is committed to creating value for its shareholders through sustainable financial performance.
Employee Development
Coromandel recognizes that its employees are its greatest asset. The company is committed to fostering a culture of continuous learning and development. This includes providing employees with opportunities for professional growth, skill enhancement, and career advancement. Coromandel’s goal is to build a motivated and high-performing workforce that drives the company’s success.
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