---
title: "Coromandel Engineering Company Ltd (COROENGG) — Share Price, Financials & Analysis"
symbol: "COROENGG"
company: "Coromandel Engineering Company Ltd"
canonical: "https://tapetide.com/stocks/COROENGG"
bse_code: "533167"
sector: "Consumer Discretionary"
industry: "Realty"
generated_at: "2026-09-13T18:52:20.285Z"
---

# Coromandel Engineering Company Ltd (COROENGG)

Canonical page: https://tapetide.com/stocks/COROENGG

## Company

- **BSE Code:** 533167
- **Sector:** Consumer Discretionary
- **Industry:** Realty
- **Macro Sector:** Consumer Discretionary
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** coromandelengg.com

## About

Incorporated in 1947, Coromandel Engineering Company Ltd is in the business of Construction and Property Development[1]

## Latest Price

## Key Insights

### Strengths

- Company is expected to give good quarter
- Debtor days have improved from 127 to 31.7 days.

### Weaknesses

- Stock is trading at 13.8 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -16.9% over past five years.
- Promoter holding has decreased over last 3 years: -3.65%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -57% | 27% | 15% |
| revenue growth | 54% | -30% | -17% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 28.05 | 21.59 | 24.06 | 7.6 | 9.94 | 6.68 | 7.06 | 8.59 | 13.44 | 6.16 | 14.89 | 15.36 |
| Expenses | 28.1 | 21.25 | 23.06 | 9.87 | 10 | 5.37 | 2.95 | 7.66 | 12.27 | 4.97 | 13.73 | 13.94 |
| Operating Profit | -0.05 | 0.34 | 1 | -2.27 | -0.06 | 1.31 | 4.11 | 0.93 | 1.17 | 1.19 | 1.16 | 1.42 |
| OPM % | -0.18 | 1.57 | 4.16 | -29.87 | -0.6 | 19.61 | 58.22 | 10.83 | 8.71 | 19.32 | 7.79 | 9.24 |
| Other Income | 0 | 0.03 | 0.01 | 0.01 | 0 | 0.01 | 0 | 0 | 0.12 | 0 | 0.05 | 0 |
| Interest | 0.61 | 0.69 | 0.82 | 0.85 | 0.87 | 0.53 | 0.73 | 0.53 | 0.91 | 0.81 | 0.84 | 0.81 |
| Depreciation | 0.4 | 0.42 | 0.4 | 0.25 | 0.25 | 0.25 | 0.34 | 0.34 | 0.35 | 0.34 | 0.34 | 0.28 |
| Profit before tax | -1.06 | -0.74 | -0.21 | -3.36 | -1.18 | 0.54 | 3.04 | 0.06 | 0.03 | 0.04 | 0.03 | 0.33 |
| Tax % | 47.17 | 44.59 | -23.81 | -5.95 | -109.32 | -24.07 | 7.89 | 1316.67 | 0 | 0 | -2633.33 | 0 |
| Net Profit | -1.57 | -1.07 | -0.16 | -3.16 | 0.11 | 0.67 | 2.79 | -0.73 | 0.03 | 0.04 | 0.82 | 0.33 |
| EPS in Rs | -0.47 | -0.32 | -0.05 | -0.95 | 0.03 | 0.2 | 0.84 | -0.21 | 0.01 | 0.01 | 0.24 | 0.09 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 32.5 | 45.72 | 57.67 | 108.51 | 133 | 126.51 | 96.64 | 31.29 | 43.09 | 49.85 |
| Expenses | 36.98 | 48.04 | 59 | 109.63 | 133.2 | 125.95 | 95.88 | 28.1 | 38.63 | 44.91 |
| Operating Profit | -4.48 | -2.32 | -1.33 | -1.12 | -0.2 | 0.56 | 0.76 | 3.19 | 4.46 | 4.94 |
| OPM % | -13.78 | -5.07 | -2.31 | -1.03 | -0.15 | 0.44 | 0.79 | 10.19 | 10.35 | 9.91 |
| Other Income | 0.84 | 0.78 | 5.38 | 3.14 | 2.02 | 2.03 | 0.25 | 0.02 | 0.16 | 0.17 |
| Interest | 3.59 | 6.36 | 6.64 | 6.49 | 4.72 | 4.22 | 3.02 | 3.08 | 3.08 | 3.37 |
| Depreciation | 3.68 | 3.56 | 3.35 | 2.94 | 2.74 | 2.23 | 1.61 | 1.09 | 1.37 | 1.31 |
| Profit before tax | -10.91 | -11.46 | -5.94 | -7.41 | -5.64 | -3.86 | -3.62 | -0.96 | 0.17 | 0.43 |
| Tax % | 15.22 | 3.14 | -21.55 | 7.69 | 41.13 | 17.1 | 21.55 | -142.71 | 0 | — |
| Net Profit | -12.57 | -11.82 | -4.66 | -7.98 | -7.97 | -4.51 | -4.4 | 0.41 | 0.17 | 1.22 |
| EPS in Rs | -3.78 | -3.56 | -1.4 | -2.4 | -2.4 | -1.36 | -1.32 | 0.12 | 0.05 | 0.35 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 33.23 | 34.88 |
| Reserves | -4.02 | -16.55 | -28.45 | -33.16 | -41.09 | -49.2 | -53.72 | -29.76 | -26.98 | -21.58 |
| Borrowings | 36.22 | 59.05 | 60.6 | 66.71 | 59.29 | 42.68 | 52.78 | 16.68 | 22.59 | 20.33 |
| Other Liabilities | 24.36 | 25 | 26.29 | 29.52 | 36.57 | 44.76 | 41.67 | 56.24 | 47.35 | 63.41 |
| Total Liabilities | 89.79 | 100.73 | 91.67 | 96.3 | 88 | 71.47 | 73.96 | 76.39 | 76.19 | 97.04 |
| Fixed Assets | 20.66 | 16.88 | 13.43 | 10.14 | 7.26 | 4.92 | 3.36 | 2.05 | 4.22 | 2.88 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0.11 | 0 | 0 | 0 |
| Investments | 0.18 | 0.19 | 0.15 | 0.15 | 0.15 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 68.95 | 83.66 | 78.09 | 86.01 | 80.59 | 66.55 | 70.49 | 74.34 | 71.97 | 94.16 |
| Total Assets | 89.79 | 100.73 | 91.67 | 96.3 | 88 | 71.47 | 73.96 | 76.39 | 76.19 | 97.04 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1.08 | -19.9 | 3.79 | -1.53 | 10.82 | 19.71 | -7.14 | 10.72 | -1.63 | -2.72 |
| Cash from Investing Activity | 0.07 | 0.19 | 0.51 | 2.07 | 3.06 | 1.6 | 1.26 | 0.05 | 1.7 | 1.38 |
| Cash from Financing Activity | 1.02 | 19.7 | -4.29 | -0.51 | -13.9 | -21.33 | 5.89 | -10.76 | 0.24 | 1.3 |
| Net Cash Flow | 0.01 | 0 | 0.01 | 0.03 | -0.02 | -0.02 | 0.01 | 0.01 | 0.31 | -0.04 |
| Free Cash Flow | -1.06 | -19.89 | 3.68 | -1.61 | 10.76 | 19.31 | -7.92 | 10.52 | 0.09 | -1.51 |
| CFO/OP | 161 | 562 | -171 | 92 | -916 | -10095 | -1284 | 1572 | -51 | -61 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 235.14 | 105.12 | 67.94 | 100.63 | 68.96 | 59.14 | 56.43 | 67.64 | 281.48 | 31.68 |
| Inventory Days | 478.72 | 1184.35 | 627.57 | 507.06 | 175.08 | 104 | 99.13 | 113.96 | 494.31 | 651.74 |
| Days Payable | 556.1 | 228.8 | 186.05 | 121.46 | 122.36 | 134.49 | 131.45 | 306.52 | 1389.73 | 1702.72 |
| Cash Conversion Cycle | 157.77 | 1060.67 | 509.46 | 486.24 | 121.67 | 28.65 | 24.12 | -124.92 | -613.94 | -1019.3 |
| Working Capital Days | -36.45 | 299.64 | 93.65 | 115.63 | 22.5 | 3.05 | 0.63 | -24.51 | -8.87 | 52.69 |
| ROCE % | -6.27 | -10.31 | -7.23 | -2.13 | -6.72 | -7.42 | -5.49 | -3.09 | 8.65 | 10.4 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.61% | 74.61% | 74.61% | 74.52% | 74.52% | 74.52% | 74.52% | 74.57% | 73.33% | 70.87% | 70.87% |
| Public | 25.39% | 25.39% | 25.39% | 25.48% | 25.48% | 25.48% | 25.49% | 25.43% | 26.67% | 29.13% | 29.13% |
| No. of Shareholders | 5075 | 3696 | 4774 | 3579 | 3539 | 3614 | 3525 | 3413 | 3139 | 3185 | 3298 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.52% | 74.52% | 74.57% | 74.57% | 74.57% | 74.56% | 73.33% | 70.87% | 70.87% | 70.87% | 70.87% | 70.87% |
| Public | 25.48% | 25.49% | 25.43% | 25.44% | 25.44% | 25.45% | 26.67% | 29.14% | 29.13% | 29.14% | 29.13% | 29.13% |
| No. of Shareholders | 3626 | 3586 | 3413 | 3337 | 3241 | 3165 | 3139 | 3106 | 3061 | 3239 | 3185 | 3298 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 55.57 | Sell |
| EMA (10) | 55.47 | Sell |
| SMA (20) | 56.97 | Sell |
| EMA (20) | 55.89 | Sell |
| SMA (50) | 55.26 | Sell |
| EMA (50) | 57.52 | Sell |
| SMA (100) | 64.67 | Sell |
| EMA (100) | 62.35 | Sell |
| SMA (200) | 73.9 | Sell |
| EMA (200) | 65.64 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.23 | Neutral |
| MACD (12,26,9) | -0.38 | Sell |
| Stochastic (14,3,3) | 6.62 | Buy |
| ADX (14) | 11.31 | Neutral |
| Williams %R (14) | -95.05 | Buy |
| ATR (14) | 3.02 | High Volatility |
| ROC (12) | -6.41 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 24.37 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Aug - Board meeting on 12 August 2026 to approve Q1 FY2027 unaudited results. | [Board Meeting Intimation for Board Meeting Intimation For Unaudited Financials For The Quarter Ended 30Th June 2026 6 Aug - Board meeting on 12 August 2026 to approve Q1 FY2027 unaudited results.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b190628-55a9-43ad-9b76-dc5600cdc7f2.pdf) |
| 4 Sep - Newspaper Ad intimation for 78th AGM to be held on 29th September 2026 in Vernacular paper | [Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Ad intimation for 78th AGM to be held on 29th September 2026 in Vernacular paper](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1744cfbf-b2f5-4363-90df-47b260aa66ac.pdf) |
| 4 Sep - Newspaper Ad - Intimation for dispatch of AGM notice (to be convened on 29th September 2026) through VC / OAVM in the English newspaper | [Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Newspaper Ad - Intimation for dispatch of AGM notice (to be convened on 29th September 2026) through VC / OAVM in the English newspaper](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14ca4d66-01a4-4b9a-ab65-f2f3e3c23a17.pdf) |
| 4 Sep - Book closure from September 22-29, 2026 for 78th AGM; remote e-voting cut-off September 18, 2026. | [Book Closure From 22Nd September 2026 To 29Th September 2026 (Both Days Inclusive) 4 Sep - Book closure from September 22-29, 2026 for 78th AGM; remote e-voting cut-off September 18, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=76add6e0-b462-4740-8af4-7fa230990817.pdf) |
| 3 Sep - Ms. Rajendran Stella Isabella resigned as Independent Director effective 3 September 2026. | [Announcement under Regulation 30 (LODR)-Change in Management 3 Sep - Ms. Rajendran Stella Isabella resigned as Independent Director effective 3 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=98519602-a331-4482-84d5-1ced3d5a33ca.pdf) |
| 3 Sep - 78th AGM on September 29, 2026; annual report discloses profit, director changes, and audit observations. | [Reg. 34 (1) Annual Report. 3 Sep - 78th AGM on September 29, 2026; annual report discloses profit, director changes, and audit observations.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fe339864-c1c1-4ea2-b1da-1784e047c256.pdf) |
| 2 Sep - 78th AGM on 29 Sept 2026; FY26 annual report shows revenue ₹4,308.84 lakh and profit ₹16.88 lakh. | [78Th Annual General Meeting To Be Held On 29Th September 2026 At 02.30 P.M. Via Video Conferencing Or OVAM 2 Sep - 78th AGM on 29 Sept 2026; FY26 annual report shows revenue ₹4,308.84 lakh and profit ₹16.88 lakh.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3682f0b-aad7-480a-a343-229293ef6497.pdf) |
| 14 Aug - Unaudited financials of Quarter ended 30.06.2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 14 Aug - Unaudited financials of Quarter ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=88395075-71fb-4b4e-892a-5093bc4b594d.pdf) |
| 12 Aug - No deviation in use of proceeds from 16,49,840 preferential shares, quarter ended 30 June 2026. | [Statement Of Deviation & Variation For Quarter Ended 30.06.2026 12 Aug - No deviation in use of proceeds from 16,49,840 preferential shares, quarter ended 30 June 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1c5e1cf1-ced7-4312-81c0-a8191ec37420.pdf) |
| 12 Aug - Board approved Q1 FY2026-27 unaudited results, noted Dr. Ennarasu Karunesan’s reappointment, and fixed AGM for 29 September 2026. | [Board Meeting Outcome for Unaudited Standalone Financials Of Quarter Ended 30.06.2026 12 Aug - Board approved Q1 FY2026-27 unaudited results, noted Dr. Ennarasu Karunesan’s reappointment, and fixed AGM for 29 September 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b5af22e5-5f47-4dde-b2d1-8a1b2eaedd30.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c11ae0fd-87dd-47f5-956c-0e795dbfd1e4.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7c8e45a5-6bef-460e-8e02-1012891eb9c5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/53d7d110-e0a9-4a72-ae24-cc81b6d3974d.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/73611533167.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/68978533167.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/5331670320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/5331670319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/5331670318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/5331670317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/533167/5331670316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:52:20.285Z.
