Minerva Capital Research Solutions

Coal India

NSE: COALINDIABSE: 533278
Compare with peers
₹ 392.00▼ 6 (−1.51%)28 Oct, 03:28 pm IST
Market cap
₹ 2,45,123 Cr.
P/E
7.7x
P/B
2.08x
52-week range
369.6 – 491.25
ROE
28%
ROCE
35%
Dividend yield
6.6%
Debt / equity
0.12
Sector
Consumable Fuels
Industry
Coal
Listed on
NSE, BSE

About

Coal India Limited is an India-based coal mining company. The Company, along with its subsidiaries, is primarily engaged in the mining and production of coal. It operates approximately 310 working mines, consisting of 129 underground, 168 opencast, and 13 mixed mines. Its products and services include Coking Coal, Semi Coking Coal, Non-Coking Coal, Washed and Beneficiated Coal, Middlings, CIL Coke / LTC Coke, Coal Fines / Coke Fines, and others. Its consumers include power and steel sectors, cement, fertilizers, brick kilns and others. The Company has approximately 21 training institutes and 76 vocational training centers. Its subsidiaries include Eastern Coalfields Limited (ECL), Bharat Coking Coal Limited (BCCL), Central Coalfields Limited (CCL), Western Coalfields Limited (WCL), South Eastern Coalfields Limited (SECL), Northern Coalfields Limited (NCL), Mahanadi Coalfields Limited (MCL), CIL Navikarniya Urja Limited (CNUL), and others.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

Coal: 5 companies →

Coal India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)7.7 against a typical 20.3: cheaper than most peers (1st = cheapest).2nd of 5
  • Sales growth+7.8% against a typical +7.8% from a year earlier.2nd of 3
  • Share price, 3 months−4.4% against a typical −7.7%.2nd of 5
  • Size₹ 2,45,122.5 Cr. market value against a typical ₹ 3,304.5 Cr. (1st = largest).1st of 5

Latest announcements

Exchange filings and their impact on the company.

  • 27 Oct 2026Press ReleaseLow impactPositivePrice −1.7% that day
    Coal India spent Rs 7966 cr in H1 FY27, up 27% YoY and 109% of plan, advancing mine and diversification projects.

    Coal India spent Rs 7,966 crore on capex in April-September FY27, up 27% from Rs 6,283 crore last year and 109% of its Rs 7,286 crore half-year target. This is over 48% of its full-year target of Rs 16,500 crore. Spending focused on mine infrastructure of Rs 2,152 crore, land of Rs 2,033 crore, plant and machinery of Rs 1,394 crore and diversification of Rs 739 crore. These investments should strengthen coal evacuation and mining capacity and support production targets.

    Filing

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Highest safety

Rated AAA by CARE
AAA
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
CARECARE AAAStable27 Apr 2026
Credit rating actions
RatingDetails
27 Apr 2026
Reaffirmed
CARE AAA—CARE₹ 14,230.38 Cr.
9 Oct 2025
Reaffirmed
CARE AAA—CARE₹ 13,767 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
29 Oct 2026UpcomingFinancial Results/DividendNotice of Board meeting for consideration of Unaudited Financial Results for the 2nd quarter and half year ended 30th Sep 2026, and declaration of 2nd Interim Dividend, FY 26-27, if any.
27 Jul 2026Financial Results/DividendTo consider and approve the financial results for the period ended Jun 30, 2026 and dividend
27 Apr 2026Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2026 and dividend
12 Feb 2026Financial Results/DividendTo consider and approve the financial results for the period ended December 31, 2025 and dividend
29 Oct 2025Financial Results/DividendTo consider and approve the financial results for the period ended September 30, 2025 and dividend
31 Jul 2025Financial Results/DividendTo consider and approve the financial results for the period ended Jun 30, 2025 and dividend
7 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change −1.18%
0 of 1 filing day came with a big price move
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales32,77636,15438,21336,46531,18236,85937,82542,91930,18734,92446,49046,255
Expenses22,73823,18326,82622,12622,56524,54126,03430,33123,47125,59333,81734,186
Operating Profit10,03812,97111,38814,3398,61712,31711,79012,5886,7169,33112,67312,069
OPM %31%36%30%39%28%33%31%29%22%27%27%26%
Other Income2,0742,4892,3181,9701,6422,2144,1061,7602,3502,6805,2442,281
Interest182227232209208226241265287321344327
Depreciation1,5941,7231,8921,9521,8982,5132,7822,3072,6642,2182,9472,303
Profit before tax10,33613,51011,58214,1478,15311,79212,87311,7766,1159,47314,62711,719
Tax %22%24%26%23%23%28%25%25%30%24%25%24%
Net Profit8,04910,2928,53010,9446,2758,4919,5938,7884,2637,16610,9088,850
EPS in Rs13.0616.6413.9117.7810.2113.815.5814.277.0711.6117.5914.36

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
8%
5 Years
13%
3 Years
7%
TTM
6%
Compounded Profit Growth
10 Years
8%
5 Years
20%
3 Years
−1%
TTM
−6%
Stock Price CAGR
10 Years
2%
5 Years
24%
3 Years
20%
TTM
—
Return on Equity
10 Years
43%
5 Years
42%
3 Years
38%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
61.13%
−2 pts in a year
FIIs
10.37%
+2.21 pts in a year
DIIs
22.2%
−0.46 pts in a year
Government
0.1%
−0.02 pts in a year
Public
6.18%
+0.25 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 7.7xEPS (12 months) ₹ 50.63Median P/E 10.8x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Coal India₹ 392.00₹ 2,45,123 Cr.7.7x2.1x28%—
Adani Enterprises₹ 2,488.00₹ 3,36,733 Cr.44.6x5.1x14.2%9.7%
Bharat Coking Coal Ltd₹ 29.78₹ 13,869 Cr.142.2x2.9x—0.9%
Sindhu Trade Links₹ 18.53₹ 2,856 Cr.91.7x2.2x2.5%11%
Emergent Industrial Solutions₹ 482.80₹ 221 Cr.152.3x6.7x4.6%0.3%
Stratmont Industries₹ 51.30₹ 146 Cr.69.8x5.7x8.5%1.4%

Management

B. Sairam
Chairman of the Board, Chief Executive Officer, Managing Director
Mukesh Agrawal
Chief Financial Officer, Executive Director, Director - Finance
Bijay Prakash Dubey
Compliance Officer, Company Secretary
Mukesh Choudhary
Executive Director, Director - Marketing and Business Development
Vinay Ranjan
Executive Director, Director - Human Resources
Achyut Ghatak
Executive Director, Director - Technical
Chandra Garg
Executive Director (Safety & Rescue)
Rajiva Kumar Singh
Executive Director (Exploration)

Prices are delayed and for information only. Nothing on this page is investment advice.