What we do Coromandel Engineering Company Ltd is an integrated turnkey construction firm in India specializing in industrial, commercial, infrastructure, and residential projects with property development focus. |
Founded in 1,947 |
Market share One of India's oldest and respected construction firms with pan-India presence and notable landmark projects, affiliated with Murugappa Group historically. |
Problem solved Provides efficient, reliable civil construction and property development solutions addressing industrial and infrastructure building needs across India. |
Top clients or who we serve Serves industrial clients in sugar, tyre, distillery, cement, power sectors, residential & commercial real estate buyers; both B2B and B2C segments. |
Key management - |
Our journey and innovations Founded in 1947, pioneered pre-engineered metal buildings in India, constructed landmark buildings since 1959, expanded into property development in 1987-88. |
Where we operate Operates across all Indian states and union territories, with significant projects in Tamil Nadu, Karnataka, and pan-India footprint. |
Top products or what we offer Turnkey civil construction services in multiple sectors, property development for residential and commercial real estate. |
Top brands Pre-engineered metal buildings; landmark projects like LIC Building Chennai, Unity Building Bangalore; notable real estate developments. |
Raw materials needed Steel, cement, concrete, construction equipment, prefabricated building materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly cyclical tied to construction project completions; steady order book provides recurring contract inflows. |
Our industry position Established player with over 70 years experience, strong brand, diversified portfolio, niche in pre-engineered buildings. |
Financial highlights FY 2024-25 Revenue: Rs 31.31 crore; Net Profit: Rs 0.415 crore; recovered from prior losses with strategic execution. |
Geographical revenue split Primarily India-wide operations; major revenue from Tamil Nadu and other states. |
Order book Healthy order book underpinning future revenue; ongoing projects in power, chemicals, infrastructure sectors. |
Whats driving growth Robust order execution, improved receivables collection, strengthened planning, and financial management driving profitability. |
Our future plans Expanding business sectors beyond construction while maintaining core engineering, procurement, and construction focus. |
Our green promise Implements sustainable construction practices including energy-efficient lighting, waste reuse, and eco-friendly materials. |
Our people and values Board of six directors with executive and independent members; emphasizes compliance, governance, and ethical business culture. |
Key challenges ahead Managing cash flow constraints, statutory dues payments, and maintaining timely project delivery amidst sector challenges. |
Interesting facts First to introduce pre-engineered metal buildings in India; built one of South India's tallest buildings in 1959. |
Risks and strategy Mitigates risks via internal controls, regular audits, and strong governance; focusing on diversification and operational efficiency. |
