C O N T E N T S

10 Years’ Financial Highlights Strong Fundamentals Notice to Members Directors’ Report Management Discussion and Analysis Report on Corporate Governance Auditors’ Report Balance Sheet Profit and Loss Account Cash Flow Statement Schedules to Accounts Consolidated Financial Statements – Auditors’ Report – Balance Sheet – Profit and Loss Account – Cash Flow Statement – Schedules to Accounts Balance Sheet Abstract

3 4 5 8 11 23 33 36 37 38 40 63 64 65 66 68 86

Annual Report 2008-09

1

C O R P O R AT E
BOARD OF DIRECTORS
A Vellayan Chairman K Balasubramanian Director B V R Mohan Reddy Director R A Savoor Director (from 18.03.2009) M K Tandon Director D E Udwadia Director M M Venkatachalam Director S Viswanathan Director (Upto 23.12.2008) V Ravichandran Managing Director

I N F O R M AT I O N

BANKERS
State Bank of India HDFC Bank Limited IDBI Bank Limited ICICI Bank Limited Hongkong and Shanghai Banking Corporation Limited

AUDITORS
Price Waterhouse 8-2-293/82/A/1131A Road No. 36, Jubilee Hills Hyderabad - 500 034

COST AUDITORS
Mr V Kalyanaraman Mr Dantu Mitra

MANAGEMENT TEAM
V Ravichandran Managing Director P Nagarajan Sr Vice President & Chief Financial Officer G Ravi Prasad Sr Vice President - Sales & Marketing (Fertilisers) P Gopalakrishna Sr Vice President - Retail Harish Malhotra Sr Vice President - Commercial G Veera Bhadram Sr Vice President - Pesticides SBU Arun Leslie George Sr Vice President & Head of HR S Govindarajan Sr Vice President & Head of Manufacturing M R Rajaram Company Secretary

REGISTRARS & SHARE TRANSFER AGENTS
Karvy Computershare Private Limited 17-24, Vithal Rao Nagar Madhapur Hyderabd - 500 081

REGISTERED OFFICE
‘Coromandel House’ 1-2-10, Sardar Patel Road Secunderabad - 500 003

2

Coromandel Fertilisers Limited

FINANCIAL HIGHLIGHTS - TEN YEARS' RECORD
Rupees in Lakhs Year