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Coal India Ltd

NSE: COALINDIA BSE: 533278Metal

Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns

461
52W: ₹369 — ₹491
PE 15 · Book ₹33.5 · +1276% vs book
Market Cap₹2,83,917 Cr
Stock P/E15Price to Earnings
ROCE98%Return on Capital
ROE97.4%Return on Equity
Div. Yield5.81%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Stock is providing a good dividend yield of 5.71%.
  • +Company has a good return on equity (ROE) track record: 3 Years ROE 95.5%
  • +Company has been maintaining a healthy dividend payout of 94.3%

Weaknesses

  • Stock is trading at 13.9 times its book value
  • Tax rate seems low
  • Earnings include an other income of Rs.18,971 Cr.

Shareholding Pattern

Promoters63.13%
FIIs8.38%
DIIs22.76%
Public5.62%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters63.13%63.13%63.13%63.13%63.13%63.13%63.13%63.13%
FIIs8.39%9.16%0.88.58%0.67.74%0.88.16%0.47.96%0.28.22%0.38.38%0.2
DIIs23.15%22.56%0.622.59%0.023.35%0.822.66%0.722.8%0.122.53%0.322.76%0.2
Public5.21%5.02%0.25.59%0.65.68%0.15.93%0.35.98%0.15.98%5.62%0.4

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales399488390315416473355296417490
Expenses162263288185252349197215360344
Operating Profit2362251021301641251598157147
OPM %59%46%26%41%39%26%45%27%14%30%
Net Profit9,3163,336874,1349,6463,1491168,3424,8725,534
EPS ₹15.125.410.146.7115.655.110.1913.547.918.98

AI Insights

Revenue Trend

Mar 2026 revenue at ₹1,577Cr, down 1.1% YoY. OPM at 28%.

Debt Position

Borrowings at ₹802Cr. Debt-to-equity ratio: 0.06x. Healthy balance sheet.

Capex Cycle

CWIP at ₹1,190Cr (115% of fixed assets). Significant capex underway — growth runway building.

Institutional Flow

DIIs: 22.76% (+0.46pp change). FIIs: 8.38% (-0.92pp change). Promoters hold 63.13%.

Margin & Efficiency

ROCE improving from 84% (Mar 2015) to 98% (Mar 2026). Working capital days: 459.

Valuation

PE 15x with 98% ROCE. Price is 1276% above book value of ₹33.5. Dividend yield: 5.81%.

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