Summary of Key Information:
Reporting Period: Quarter ended 30th June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Limited Review Report - No audit opinion provided (review engagement only)
Key Financial Highlights [₹ in Crores]:
Standalone Results:
Revenue from Operations: ₹1,022.62 crore
Total Income: ₹1,022.62 crore
Profit before exceptional items and tax: ₹60.85 crore
Exceptional Items: ₹25.28 crore expense (Profit on sale of assets ₹29.98 crore minus Provision for disputed liabilities ₹55.26 crore)
Profit before tax: ₹35.57 crore
Tax Expense: ₹8.95 crore (Deferred tax)
Net Profit: ₹26.62 crore
EPS: ₹0.86 (Basic and Diluted)
Other Equity: Not specified in standalone results
Consolidated Results:
Revenue from Operations: ₹1,019.42 crore
Total Income: ₹1,022.87 crore
Profit before exceptional items and tax: ₹61.08 crore
Exceptional Items: ₹25.28 crore expense
Profit before tax: ₹35.80 crore
Tax Expense: ₹8.95 crore (Deferred tax)
Net Profit: ₹26.85 crore
EPS: ₹0.87 (Basic and Diluted)
Other Equity: Not specified in consolidated results
YoY Comparison (Standalone):
Net Profit Q1 FY27: ₹26.62 crore vs Q1 FY26: ₹54.75 crore (51.4% decrease)
Revenue from Operations Q1 FY27: ₹1,022.62 crore vs Q1 FY26: ₹1,258.80 crore (18.8% decrease)
Segment-wise Performance:
Not specified in the document
Corporate Actions:
No dividend declarations, share splits, bonus issues, or buybacks announced
Fundraising / Financing:
The company issued 2000 units of Commercial Paper of face value ₹5,00,000 each aggregating to ₹100 Crores at discount rate of 6.85% p.a., due for redemption on 23 September 2026
Credit rating: CARE A1+ assigned by CARE Ratings
Legal Contingencies:
1. Asset Attachment: Certain assets with carrying value ₹120.34 crore attached by statutory authority in 2015, matter sub-judice
2. CCI Penalty: Competition Commission of India imposed penalty of ₹187.48 crore vide order dated 31.08.2016 for alleged contravention of Competition Act, 2002
- Company deposited 10% (₹18.75 crore) as directed by COMPAT interim order
- NCLAT dismissed appeal on 25th July 2018
- Appeal filed in Supreme Court, admitted on 5th October 2018
- Interim order continues pending final outcome
Subsidiaries Included in Consolidation:
1. Industrial Chemicals and Monomers Limited
2. Coromandel Minerals Pte. Ltd, Singapore
3. PT Coromandel Minerals Resources, Indonesia
4. PT Adcoal Energindo, Indonesia (up to 02/12/2025)
5. Raasi Minerals Pte. Ltd, Singapore
6. Trinetra Cement Limited (Transferor company under scheme u/s 234)
Associates:
1. PT Mitra Setia Tanah Bumbu, Indonesia (up to 02/12/2025)
Other Significant Information:
Subsidiary Financials:
Five subsidiaries not reviewed/audited contributed:
- Total revenues: ₹0.25 crore
- Net profit: ₹0.22 crore
- Total comprehensive income: ₹0.22 crore
Management considers these immaterial to the Group
Key Financial Ratios (Standalone):
- Debt-Equity ratio: 0.16 times
- Current Ratio: 0.82 times
- Operating Margin: 15.28%
- Net Profit Margin: 2.60%
- Interest Service Coverage Ratio: 4.77 times
Key Financial Ratios (Consolidated):
- Debt-Equity ratio: 0.47 times
- Current Ratio: 0.90 times
- Operating Margin: 15.28%
- Net Profit Margin: 2.62%
- Interest Service Coverage Ratio: 4.78 times
Board Authorization:
Mr. Vivek Agrawal, Director authorized to sign the financial results
Auditors:
Brahmayya & Co., Chartered Accountants and S. Viswanathan LLP, Chartered Accountants conducted the limited review