About Coromandel SQM (India) Private Limited
Data last updated:
Coromandel SQM (India) Private Limited was a private limited company based in Secunderabad, Telangana, India, operated as a subsidiary of Coromandel International Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the fertilizers and soil enhancers segment of the agriculture sector. It was incorporated on 09 October 2009.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24100TG2009PTC065404. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was led by directors including Vellayan Narayanan and Rajesh Mukhija.
Its last annual general meeting (AGM) was held on 23 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Coramandel House 1 – 2 – 10 Sardarpatel Road, Secunderabad, Telangana, India – 500003.
As per the financials filed for FY 2021, the company reported a revenue of ₹52.31 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹1.8 Cr (net margin 3.4%) and EBITDA of ₹2.92 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 3% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is coromandelsqm.com.
Company details
CIN history
Coromandel SQM (India) has one previous CIN (Corporate Identification Number): U24100AP2009PTC065404. The current CIN is U24100TG2009PTC065404, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100TG2009PTC065404 | Current |
| U24100AP2009PTC065404 | Previous |
Contact details
Coromandel SQM (India) Private Limited's registered office is in Secunderabad, Telangana. Its website is coromandelsqm.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCoramandel House 1 – 2 – 10 Sardarpatel Road, Secunderabad, Telangana, India – 500003
- IndustryAgriculture, Fertilizers & Soil Enhancers
To see the full contact details of Coromandel SQM (India) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Coromandel SQM (India) is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Coromandel SQM (India) Private Limited, buy the company report.
Financials of Coromandel SQM (India) Private Limited
FY 2021 filings availableCoromandel SQM (India) Private Limited reported revenue of ₹52.31 Cr (down 11% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 14% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹52.31 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.8 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Coromandel SQM (India) Private Limited, buy the company report.
Board of directors of Coromandel SQM (India) Private Limited
Coromandel SQM (India) has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellayan Narayanan Also directs: Ambadi Road Holdings LLP, Coromandel International Limited, Stuccoedge India Private Limited and 1 more | Director | 21 Apr 2017 | 9 Years 6 Months | As last reported |
| Rajesh Mukhija Also directs: Coromandel Insurance and Multi Services Limited | Director | 24 Aug 2020 | 6 Years 2 Months | As last reported |
| Sameer Goel | Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
Peer comparison
Coromandel SQM (India) Private Limited is compared with the 7 companies closest to it by revenue in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maharashtra Insectcides Limited | ₹53.1 Cr (FY 2022) | 48.0% | Akola, Maharashtra, India | |||
| Shree Agro Crop Sciences Private Limited | ₹53.01 Cr (FY 2024) | -7.0% | Pune, Maharashtra, India | |||
| Zuari Fertilisers and Chemicals Limited | ₹52.42 Cr (FY 2016) | 738.0% | Zuarinagar, Goa, India | |||
| Arihant Fertiliser and Chemicals India Limited | ₹52.33 Cr (FY 2024) | -26.0% | Indore, Madhya Pradesh, India | |||
| Coromandel SQM (India) Private Limitedthis company | ₹52.31 Cr (FY 2021) | ₹1.8 Cr | 3.4% | -11.0% | Secunderabad, Telangana, India | |
| Suboneyo Chemicals and Pharmaceuticals Private Limited | ₹52.16 Cr (FY 2025) | 20.0% | Jalgaon, Maharashtra, India | |||
| Advance Fertilizers India Private Limited | ₹51.9 Cr (FY 2025) | 780.0% | Vagra, Gujarat, India | |||
| Special Biochem Private Limited | ₹51.29 Cr (FY 2025) | 34.0% | Amravati, Maharashtra, India |
To see the full peer comparison of Coromandel SQM (India) Private Limited, buy the company report.
Auditor
Coromandel SQM (India) Private Limited is audited by Shanker Giri & Prabhakar for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shanker Giri & Prabhakar | FY 2021 | 003761S |
Shareholding
The shareholding of Coromandel SQM (India) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Coromandel SQM (India) Private Limited, buy the company report.
Legal cases
Coromandel SQM (India) Private Limited has 3 court cases on record: 1 filed by Coromandel SQM (India), 2 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kurnool, Andhra Pradesh | Criminal complaint | Filed against the company | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The Commissioner of Labour and 3 others | Pending |
| District court, Hisar, Haryana | Commercial suit | Filed against the company by State of Haryana | Disposed |
To see the full case history of Coromandel SQM (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Coromandel SQM (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coromandel SQM (India) has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Coromandel SQM (India) Private Limited, buy the company report.
Recent activity
Coromandel SQM (India) Private Limited has 11 board changes on record since 2014: 3 appointments and 8 cessations. The latest: Rajesh Mukhija ceased to be Additional Director on 27 Nov 2020.
2 earlier events are in the company report.
Frequently asked questions
Coromandel SQM (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Coromandel SQM (India) was a private limited company based in Secunderabad, Telangana, India. The company worked in fertilizers and soil enhancers, within the agriculture industry. It was incorporated on 09 October 2009 and is registered under CIN U24100TG2009PTC065404. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Coromandel SQM (India) was incorporated on 09 October 2009. It is registered with the Registrar of Companies, Hyderabad.
Coromandel SQM (India) had 3 directors:
- Vellayan Narayanan - Director
- Rajesh Mukhija - Director
- Sameer Goel - Director
The CIN (Corporate Identification Number) of Coromandel SQM (India) is U24100TG2009PTC065404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Coromandel SQM (India) is at Coramandel House 1 – 2 – 10 Sardarpatel Road, Secunderabad, Telangana, India – 500003.
Coromandel SQM (India) can be reached through the website coromandelsqm.com. Its registered office is in Secunderabad, Telangana, India.
The latest financial statements of Coromandel SQM (India) on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 23 July 2021. Year-wise statements from 2015 are in the company report.
No. Coromandel SQM (India) has 3 GST registrations on record and all of them are cancelled or inactive.
Coromandel SQM (India) operated in the agriculture industry, in the fertilizers and soil enhancers segment.
The peers of Coromandel SQM (India) by revenue are Maharashtra Insectcides Limited, Shree Agro Crop Sciences Private Limited, Zuari Fertilisers and Chemicals Limited, Arihant Fertiliser and Chemicals India Limited, Suboneyo Chemicals and Pharmaceuticals Private Limited and 2 more, all in the Agriculture industry (Fertilizers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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