Coromandel Declares Interim Dividend of ₹9 Per Share 

Chennai, 4 February, 2026: Coromandel International Ltd declared an interim dividend of ₹9 per equity share for the financial year 2025-26, translating into a 900% payout on equity shares with a face value of ₹1 each, according to an exchange filing.  

The company’s board of directors met before making the announcement. A major participant in the fertilizer, crop protection, and agri-retail industries is Coromandel International.  

Key Dates and Timeline 

In order to identify whether shareholders are entitled for the interim dividend, Coromandel International has designated February 4, 2026 as the record and ex-dividend date. After a board meeting on January 29, 2026, the firm announced an interim dividend of ₹9 per equity share, which is a 900% distribution on shares with a face value of ₹1 each. 

The dividend will be paid on or after February 18, 2026, in compliance with legislative deadlines, to eligible shareholders who held the shares in their demat accounts on the record date.  

Purpose Behind the Interim Dividend 

The interim dividend from Coromandel International is indicative of consistent company performance. Due to favorable monsoon conditions and continued government support for food security, there is still a high need for agricultural inputs. Consistent revenues have been maintained during FY26 thanks to solid growth in the crop protection segment and healthy fertilizer volumes. 

In the first nine months of FY26, standalone revenue grew 30.39% year-on-year to ₹24,869.99 crore, while profit after tax rose 19.48% to ₹1,854.27 crore. Earnings per share increased to ₹62.95. In Q3 FY26, revenue rose 22.11% to ₹8,457.33 crore, with profit after tax largely unchanged at ₹529.71 crore, indicating stable profitability. 

The consolidated revenue for the nine-month period jumped 33.40% to ₹25,475.88 crore, while profit after tax increased 20.81% to ₹1,783.50 crore. The interim dividend, which is supported by profits produced during this period, demonstrates the board’s confidence in the company’s cash flows and earnings projections.  

Impact on Shareholders 

Coromandel International’s interim dividend of ₹9 per equity share, representing a 900% payout on the face value of ₹1, offers an immediate cash return to eligible shareholders as of the record date and at the current share price of around ₹2,292, the payout translates into a single-event dividend yield of roughly 0.39-0.41%. 

Beyond the near-term income, the dividend reinforces the company’s long-term shareholder return profile. Over the past five years, regular dividend distributions have meaningfully contributed to value creation, with total shareholder return significantly outpacing pure share-price appreciation, even amid mixed quarterly earnings trends. 

Market Snapshot and Share Price Effect 

Coromandel International’s shares were trading lower on February 4, 2026, reflecting mild profit-taking despite the interim dividend announcement. At around 3:21 pm IST, the stock was down ₹13.30, or 0.58%, trading at ₹2,278.90 on the NSE, compared with the previous close of ₹2,292.20. 

During the session, the stock opened at ₹2,280, touched an intraday high of ₹2,295.40, and slipped to a low of ₹2,222, indicating some intraday volatility. The company’s market capitalisation stood at approximately ₹67.23 crore, with the stock trading at a P/E ratio of 28.05. 

Reference: https://www.nseindia.com/get-quote/equity/coromandel/Coromandel-International-Limited 

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