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Coal India

₹376 2.9 | 0.8%

Market Cap ₹231719 Cr.

Stock P/E 6.6

P/B 2.2

Current Price ₹376

Book Value ₹ 171

Face Value 10

52W High ₹435.5

Dividend Yield 7.05%

52W Low ₹ 349.2

Overview Inc. Year: 1973Industry: Mining & Minerals

Coal India Ltd (CIL) is a holding company in India. The Company is a coal mining enterprise, that is engaged within the production and sale of coal. The Company offers products, which includes Coking Coal, Semi Coking Coal, Non-Coking Coal, Washed and Beneficiated Coal, Middlings, Rejects, Coal Fines/Coke Fines, and Tar/Heavy Oil/Light Oil/Soft Pitch. Its Middlings are utilized in power generation, brick manufacturing gadgets and cement plants. The Washed and Beneficiated Coal merchandise are used within the production of hard coke for steel making and generating power. Its Semi Coking Coal merchandise are used as mixture-in a position coal in metal making, service provider coke production and other metallurgical industries. Its Non-Coking Coal products are used for cement, fertilizer, glass, ceramic, paper, chemical and brick production, and for other heating purposes. CIL operates thru about 82 mining areas spread over 8 provincial states of India.

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Coal India Share Price

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Coal India Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 35983 32776 36154 38213 37504 31182 35780 37825 35842 30187
Other Income 1538 1984 2203 2244 1885 1505 2143 3937 1616 2140
Total Income 37521 34760 38357 40458 39388 32687 37923 41762 37458 32327
Total Expenditure 22408 22738 23183 26826 23165 22565 23463 26034 23321 23471
Operating Profit 15113 12022 15174 13632 16223 10122 14460 15727 14137 8857
Interest 178 182 227 232 209 208 226 241 265 287
Depreciation 1527 1594 1723 1892 1952 1898 2513 2782 2307 2664
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 13408 10246 13224 11507 14062 8016 11721 12704 11565 5905
Provision for Tax 2887 2287 3218 3051 3204 1879 3301 3281 2975 1852
Profit After Tax 10521 7959 10006 8456 10858 6138 8420 9424 8590 4053
Adjustments 7 90 247 116 101 151 85 180 153 301
Profit After Adjustments 10528 8049 10253 8572 10959 6289 8506 9604 8743 4354
Adjusted Earnings Per Share 17.1 13.1 16.6 13.9 17.8 10.2 13.8 15.6 14.2 7.1

Coal India Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 92270 104642 119264 85476 99959 96283 90233 109941 138506 145052 143993 139634
Other Income 7034 7076 6033 5531 5878 6446 3989 3902 10251 11837 13586 9836
Total Income 99304 111718 125297 91008 105837 102729 94222 113843 148758 156889 157579 149470
Total Expenditure 75391 87065 107533 76745 74994 74703 71849 85248 97958 100948 101045 96289
Operating Profit 23913 24653 17764 14263 30843 28026 22372 28595 50800 55941 56533 53181
Interest 9 388 410 430 264 503 642 541 684 819 884 1019
Depreciation 2320 2826 2907 3063 3450 3451 3718 4429 6833 6735 9145 10266
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 21584 21440 14446 10770 27127 24071 18009 23616 43275 48813 46966 41895
Provision for Tax 7857 7172 5165 3732 9662 7371 5307 6238 11552 11443 11664 11409
Profit After Tax 13727 14268 9282 7038 17464 16700 12702 17378 31723 37369 35302 30487
Adjustments 0 -1 -2 1 -1 14 -2 -20 40 33 56 719
Profit After Adjustments 13727 14267 9280 7039 17463 16714 12700 17358 31763 37402 35358 31207
Adjusted Earnings Per Share 21.7 22.6 14.9 11.3 28.3 27.1 20.6 28.2 51.5 60.7 57.4 50.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 9% 8% 5%
Operating Profit CAGR 1% 26% 15% 9%
PAT CAGR -6% 27% 16% 10%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -14% 15% 25% 1%
ROE Average 39% 51% 47% 45%
ROCE Average 49% 64% 58% 61%

Coal India Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 40399 34833 24518 20179 26455 32157 36517 43143 60843 82730 99105
Minority's Interest 66 105 346 362 408 394 441 674 771 852 846
Borrowings 202 263 295 1054 1472 1993 2688 3302 4106 5617 7386
Other Non-Current Liabilities 38552 44229 45908 50201 54319 63097 67480 71782 85123 84059 85426
Total Current Liabilities 29410 31354 44016 48319 46098 49068 50587 57209 68773 61273 64742
Total Liabilities 108628 110784 115082 120116 128752 146709 157713 176109 219616 234531 257504
Fixed Assets 16115 20731 22094 27574 32618 36784 42405 46677 64547 75668 82865
Other Non-Current Assets 14587 17726 23069 26426 26463 26238 30555 36586 46985 54979 78445
Total Current Assets 77880 72327 69920 66116 69671 83688 84753 92846 108084 103883 96193
Total Assets 108628 110784 115082 120116 128752 146709 157713 176109 219616 234531 257504

Coal India Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 9439 3156 4876 4194 3998 1572 2791 5112 7063 5627 5345
Cash Flow from Operating Activities 14382 13154 16461 21115 16356 4977 10592 41107 35734 18103 29200
Cash Flow from Investing Activities 894 8154 455 -7747 -7896 1033 182 -25715 -23465 -4486 -10076
Cash Flow from Financing Activities -15026 -19587 -17598 -13564 -10885 -4791 -8453 -13441 -13704 -13899 -13309
Net Cash Inflow / Outflow 250 1721 -682 -196 -2426 1219 2321 1951 -1436 -282 5815
Closing Cash & Cash Equivalent 9689 4876 4194 3998 1572 2791 5112 7063 5627 5345 11160

Coal India Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 21.73 22.59 14.95 11.34 28.34 27.12 20.61 28.17 51.54 60.69 57.37
CEPS(Rs) 25.4 27.06 19.64 16.27 33.94 32.7 26.64 35.39 62.56 71.57 72.12
DPS(Rs) 20.7 27.4 19.9 16.5 13.1 12 16 17 24.25 25.5 26.5
Book NAV/Share(Rs) 63.89 55.15 39.5 32.51 42.93 52.18 59.26 70.01 98.73 134.24 160.81
Core EBITDA Margin(%) 17.27 15.88 9.36 6.67 16.91 15.19 13.67 15.22 20.41 21.07 20.57
EBIT Margin(%) 22.09 19.72 11.85 8.55 18.55 17.3 13.86 14.89 22.13 23.71 22.92
Pre Tax Margin(%) 22.09 19.37 11.52 8.23 18.37 16.94 13.39 14.56 21.78 23.32 22.49
PAT Margin (%) 14.05 12.89 7.4 5.38 11.83 11.75 9.44 10.71 15.97 17.85 16.91
Cash Profit Margin (%) 16.42 15.44 9.72 7.71 14.16 14.18 12.21 13.44 19.41 21.07 21.29
ROA(%) 13.01 13.01 8.22 5.98 14.04 12.13 8.35 10.41 16.03 16.46 14.35
ROE(%) 33.17 37.95 31.28 31.49 74.9 56.99 36.99 43.63 61.01 52.06 38.83
ROCE(%) 51.82 56.85 46.75 45.48 108.73 73.08 46.06 54.38 78.91 64.47 48.57
Receivable days 31.3 32.92 34.82 26.11 14.53 25.57 46.17 34.86 22.44 22.94 22.71
Inventory Days 21.95 22.67 24.04 21.45 14.87 15.67 21.12 18.02 13.99 15.98 19.92
Payable days -593.74 -533 -1058.33 1179.97 3493.89 -3098.79 -1387.03 1292.05 0 -2031.29 -1473.03
PER(x) 16.68 12.93 19.59 25 8.36 5.16 6.33 6.5 4.15 7.15 6.94
Price/Book(x) 5.67 5.29 7.41 8.72 5.52 2.68 2.2 2.61 2.16 3.23 2.48
Dividend Yield(%) 5.71 9.38 6.8 5.82 5.53 8.57 12.27 9.29 11.35 5.88 6.65
EV/Net Sales(x) 1.97 1.41 1.29 1.71 1.17 0.67 0.76 0.78 0.69 1.68 1.53
EV/Core EBITDA(x) 7.61 5.99 8.65 10.25 3.79 2.29 3.08 3.01 1.89 4.35 3.9
Net Sales Growth(%) 7.49 13.41 13.97 -28.33 16.94 -3.68 -6.28 21.84 25.98 4.73 -0.73
EBIT Growth(%) -5.87 1.09 -31.94 -24.61 144.55 -10.28 -24.1 29.52 81.97 12.91 -3.59
PAT Growth(%) -9.17 3.94 -34.95 -24.17 148.14 -4.38 -23.94 36.81 82.54 17.8 -5.53
EPS Growth(%) -9.16 3.93 -33.81 -24.15 149.9 -4.29 -24.02 36.68 82.99 17.75 -5.47
Debt/Equity(x) 0.01 0.03 0.12 0.08 0.08 0.2 0.16 0.08 0.07 0.08 0.09
Current Ratio(x) 2.65 2.31 1.59 1.37 1.51 1.71 1.68 1.62 1.57 1.7 1.49
Quick Ratio(x) 2.44 2.07 1.39 1.24 1.39 1.57 1.5 1.5 1.45 1.53 1.29
Interest Cover(x) 2375.47 56.3 36.2 26.04 103.88 48.86 29.04 44.61 64.24 60.57 54.15
Total Debt/Mcap(x) 0 0.01 0.02 0.01 0.02 0.07 0.07 0.03 0.03 0.02 0.04

Coal India Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 63.13 63.13 63.13 63.13 63.13 63.13 63.13 63.13 63.13 63.13
FII 9.3 7.79 8.59 8.42 8.4 9.16 8.58 7.74 8.16 7.96
DII 22.4 24.16 23.16 23.29 23.26 22.67 22.68 23.45 22.76 22.92
Public 5.17 4.91 5.11 5.16 5.21 5.03 5.6 5.68 5.95 5.99
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is providing a good dividend yield of 7.05 %.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 51%
  • Company is almost debt free.

Cons

  • Debtor days have increased from -2031.29 to -1473.03days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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