Coromandel Engineering Company Ltd.
Snapshot View

36.00 -0.50 ▼-1.4%

23 July 2021, 04:00:00 P.M.
Volume: 3,650

Overview View Details

Sector Infrastructure Compare with Sector peers
Industry Engineering - Construction Compare with Industry peers
Website http://www.coromandelengg.com
Financial Indicators
Market Cap 119.64 Cr.
Earnings per share (EPS) -2.40 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 47.33 Trailing Twelve Months Ending 2021-03
Book Value / Share -2.38 Trailing Twelve Months Ending 2021-03
Price to Book Value -15.11 Calculated using Price: 36.00
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.32 Cr. 33,233,598 Shares
FaceValue 10
Company Profile

Coromandel Engineering Company was established in the year 1947 and is a part of the Murugappa Group. Coromandel Engineering's first building was the Wellington Nursing Home (Now Sankar Nethralaya housed). The first industrial major project was putting up the factory for Tube Investment and the next plant for Ashok Leyland. Among Coromandel Engineering's subsequent major projects in the first five years were the various factories the Murugappa Group raised in Avadi, Ambattur and Thiruvottiyur apart from several other factories that came up in Chennai as a consequence of post independence industrial boom.

Though Coromandel Engineering's thinking was to concentrate on factory building, the company made a mark for itself when it started work on the British designed United India Building which was completed in 1959 as the nationalized Life Insurance Corporation's southern Head quarters, the tallest building in South till the 1980's ( LIC building of Mount road - 14 Floors). Another landmark building includes Tiam House in First Line Beach (Now Rajaji Salai), Bombay Mutual Building on Esplanade were among the first modern high rise buildings in Madras main business district. Chola Sheraton and Oberoi Group Trident (now the Hilton Group) as well the Karumuttu Centre on Mount Road in Nandanam have been some of Coromandel Engineering's major achievements.

In 1988 it had ventured into the Real Estate development in Chennai and has constructed many premium apartments in Chennai. Coromandel Engineering has not only built commercial building in Chennai, but has also constructed landmark commercial buildings in Bangalore like Unity Building, Hotel Holiday Inn and Windsor Manor which also stands testimony to the company's capabilities. It has also constructed many Industrial Buildings all over India.

Coromandel Engineering has not narrowed its activities in India and has also constructed a seven storied building for Life Insurance Corporation of India at Mauritius in the year 1993.

In 1995 it has entered into an agreement with Butler U.S.A. for putting up of Pre-Engineered Metal Building System and erected two Butler pre-fab building for Ford India. In the recent five years it has constructed many industrial, commercial and institutional buildings and recently came up with 80 units of residential blocks in Avinashi Road, Coimbatore, Tamil Nadu.

Coromandel Engineering is now embarking on the new journey of aggressive growth to further consolidate its business and emerge as one of most respected infrastructure company.

Milestones:

  • 1947 - Incorporation of the Company
  • 1959 - Built 14 storey, LIC Building on Anna Salai, Chennai which is one of the tallest buildings in South India
  • 1975 - Converted into public limited
  • 1987,88 - Ventured into the business of property development
  • 1989 - Amalgamation of Polutech Ltd. with CECL
  • 1989 - Issue of 3,85,295 equity shares of Rs. 10/- each for cash at par on Rights
  • 1992 - Amalgamation of Coromandel Prodorite Private Ltd. with CECL
  • 2006 - Coromandel Holdings and Minerals Limited (‘CHML’) was merged with our Company.

Services:

1. Construction Contract

2. Real Estate Development (Property Development)

Clientele:

  • India Cements Ltd, AP, TN
  • Madras Cements, AP
  • Swarna Cements, AP
  • KCP-Ramakrishna Cements, AP
  • Dalmia Cements, Trichy, TN
  • Dharani Cements, Ariyalur, TN

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-1.37%
1 Week
-8.98%
1 Month
-0.28%
3 Month
+46.04%
6 Month
+49.07%
1 Year
+41.45%
2 Year
+80.0%
5 Year
-25.16%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -254.62 -62.06 3.06 1.08 -23.03 -54.67 -110.91 -194.19
Return on Capital Employed (%) -23.05 4.77 1.89 15.92 9.94 -6.24 -10.33 -7.35 0.98
Return on Assets (%) -13.74 -2.55 -3.33 0.46 0.28 -9.14 -15.54 -14.40 -5.89

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 23 17 43 44 44 36 24 12 28
Non Curr. Liab. 17 31 18 -15 -15 -14 24 17 4
Curr. Liab. 146 192 231 162 64 52 39 49 49
Minority Int.
Equity & Liab. 186 240 293 191 94 74 87 78 82
Non Curr. Assets 39 45 53 37 29 25 21 17 14
Curr. Assets 147 195 240 154 64 49 66 61 68
Misc. Exp. not W/O
Total Assets 186 240 293 191 94 74 87 78 82

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 170 216 199 230 122 31 33 46 58
Other Income 1 1 1 1 2 1 1 1 3
Total Income 171 217 200 231 124 32 33 46 61
Total Expenditure -191 -211 -196 -206 -110 -32 -37 -48 -59
PBIDT -19 7 5 25 14 0 -4 -2 2
Interest -11 -11 -15 -20 -8 -4 -4 -6 -7
Depreciation -2 -2 -2 -5 -4 -4 -4 -4 -3
Taxation 11 1 4 1 0 0 -2 0 1
Exceptional Items 2
PAT -21 -5 -9 1 0 -8 -13 -12 -5

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 7 4 -25 60 19 -1 -20 4 -2
Cash Fr. Inv. -8 -8 -7 0 0 0 0 1 2
Cash Fr. Finan. 3 5 33 -61 -20 1 20 -4 -1
Net Change 2 0 0 -1 0 0 0 0
Cash & Cash Eqvt 6 6 1 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.52 74.52 74.52 74.52 74.52 74.52 74.52 74.52 74.52
Public 25.48 25.48 25.48 25.48 25.48 25.48 25.48 25.48 25.48
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Tue, 20 Jul 2021
Announcement under Regulation 30 (LODR)-Newspaper Publication
Intimation under Regulation 47 and 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 with regard to Newspaper Advertisement - 73rd Annual General Meeting.
Tue, 20 Jul 2021
Shareholding for the Period Ended June 30 2021
Coromandel Engineering Company Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Fri, 16 Jul 2021
Reg. 34 (1) Annual Report
Notice for the 73rd Annual General Meeting and Annual report for Financial Year 2020-21 pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Technical Scans View Details

Fri, 23 Jul 2021
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index
Both SRS And ARS Above Zero Both SRS And ARS Above Zero
ATR Decreasing for 3 Days ATR Decreasing for 3 Days
NR 4 NR 4

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