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Coal India Q2 FY27 Share Price & Earnings Call Analysis

₹389.00-1.04% today
Market cap
₹2.40L Cr
P/E
7.67
ROE
28.16%
PEG
-11.30
Price to sales
1.51
Debt to equity
0.12
52W high / low
₹482 / ₹370
Sales growth (5Y)
13.34%
EBITDA margin
25.84%
Net profit margin
18.45%
Promoter holding
61.13%
Sales (last year)
₹1.58L Cr

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

Guidance scorecard · Q2 FY27 call

What Coal India Ltd's management guided
and where it ranks in Consumable Fuels

#2of 2 in
Consumable Fuels
Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookWhat management said

RevenueQ4 FY25 call

10–20%
  • FY26 volume guidance is around 875 million tonnes, with potential to reach 900+ million tonnes in FY27.
  • Expected mid-teens/full double-digit growth in e-auction volumes (at least 10%, up to 20% target).
  • Demand growth driven by 2.5-3% growth in power sector coal consumption and increased non-power sector linkages.
  • Captive and commercial coal supplies expected to reach around 320 million tonnes by 2029-30.
  • Incremental production from new mines and long-term contracts for power/non-power sectors expected to support sustained demand.
  • Coal India aims to maintain 10-20% e-auction volumes to meet seasonal/cyclical market demand.

2 more points from Coal India Ltd's call on revenue

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Full Q4 FY25 analysis

MarginsQ4 FY25 call

Flat

See what Coal India Ltd said on margins — free account, 30 seconds.

Full Q4 FY25 analysis

CapexQ4 FY25 call

Planned
  • Annual capex guidance is around Rs. 20,000 crore for the next 3-5 years.
  • Last year capex was Rs. 19,500 crore.
  • Of this, cash capex was about Rs. 14,000 crore; including advances and other payments it totals Rs. 19,500 crore.
  • Capex includes land, plant, machinery, and diversification projects such as coal gasification and critical mineral projects.
  • Coal gasification project at SonepurBazari is in the bidding stage, with feasibility and project confirmation pending.
  • Capex planned for coal gasification around Rs. 37,000-38,000 crore; thermal power generation Phase 1 about Rs. 15,000 crore.

2 more points from Coal India Ltd's call on capex

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Full Q4 FY25 analysis

FundraisingQ4 FY25 call

See what Coal India Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY25 analysis

Order bookQ4 FY25 call

Ask what Coal India Ltd said on the order book →

Full Q4 FY25 analysis
Full Consumable Fuels ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

This quarter's potential multibaggers
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Coal India Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Financials of Coal India Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Coal India Ltd

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +63.13%63.13%63.13%63.13%63.13%63.13%63.13%63.13%63.13%63.13%61.13%61.13%
FIIs +8.59%8.41%8.39%9.16%8.58%7.74%8.16%7.96%8.22%8.38%10.37%9.59%
DIIs +23.06%23.18%23.15%22.56%22.59%23.35%22.66%22.80%22.53%22.76%22.20%23.44%
Government +0.10%0.11%0.11%0.11%0.11%0.11%0.12%0.12%0.13%0.10%0.10%0.10%
Public +5.10%5.16%5.21%5.02%5.59%5.68%5.93%5.98%5.98%5.62%6.18%5.73%
No. of Shareholders13,80,10415,75,60817,49,43719,95,55522,23,44222,79,03523,07,45023,22,68627,95,66326,32,58825,51,16927,08,628

Financials of Coal India Ltd

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +32,77636,15438,21336,46531,18236,85937,82542,91936,55334,92446,49046,25544,179
Expenses +22,73823,18326,82622,12622,56524,54126,03430,33129,96025,59333,81734,18635,680
Operating Profit10,03812,97111,38814,3398,61712,31711,79012,5886,5939,33112,67312,0698,499
OPM %31%36%30%39%28%33%31%29%18%27%27%26%19%
Other Income +2,0742,4892,3181,9701,6422,2144,1061,7602,3502,6805,2442,2812,948
Interest182227232209208226241265287321344327339
Depreciation1,5941,7231,8921,9521,8982,5132,7822,3072,6642,2182,9472,3032,379
Profit before tax10,33613,51011,58214,1478,15311,79212,87311,7765,9929,47314,62711,7198,728
Tax %22%24%26%23%23%28%25%25%30%24%25%24%25%
Net Profit +8,04910,2928,53010,9446,2758,4919,5938,7884,1677,16610,9088,8506,547
EPS in Rs13.0616.6413.9117.7810.2113.8015.5814.276.9111.6117.5914.3610.57

Financials of Coal India Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +74,12077,86178,16485,24499,58696,08090,026109,715138,252144,762169,177168,400171,848
Expenses +56,77759,14765,71675,95674,57974,50071,39884,99594,02096,791126,075131,228129,276
Operating Profit17,34318,71412,4489,28825,00721,58118,62824,72144,23247,97143,10237,17242,572
OPM %23%24%16%11%25%22%21%23%32%33%25%22%25%
Other Income +6,5705,9395,3164,9755,8346,4443,7423,8666,5608,39614,03716,10413,153
Interest93884104302645036425416848198841,2161,331
Depreciation2,3202,8262,9073,0633,4503,4513,7184,4296,8336,7359,09210,1379,847
Profit before tax21,58421,44014,44610,77027,12724,07118,00923,61643,27548,81347,16341,92344,547
Tax %36%33%36%35%36%31%29%26%27%23%25%26%
Net Profit +13,72714,2679,2807,03817,46416,70012,70217,37831,72337,36935,45031,07133,471
EPS in Rs21.7322.5914.9511.3428.3427.1220.6128.1751.5460.6957.6150.4654.13
Dividend Payout %95%121%133%146%46%44%78%60%47%42%46%53%

Financials of Coal India Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital6,3166,3166,2076,2076,1636,1636,1636,1636,1636,1636,1636,1636,163
Reserves34,03728,51718,31113,97120,29225,99430,35536,98054,68076,56795,558112,939121,307
Borrowings +4081,1993,0141,5382,2106,4345,8843,5144,3316,5239,14614,07215,668
Other Liabilities +70,50577,52891,054103,754104,356111,430118,649132,780156,222147,217147,311150,782158,295
Total Liabilities111,267113,560118,587125,471133,021150,020161,051179,436221,396236,470258,177283,956301,433
Fixed Assets +16,11522,08223,81127,57432,61836,78442,40546,67764,54775,66882,14887,25296,066
CWIP5,1594,5538,58510,2739,6588,32810,49012,89717,62218,96022,38523,41315,978
Investments2,8132,9061,4831,7043,1701,9735,9508,9217,1397,1107,59110,22612,225
Other Assets +87,17984,01884,70885,92087,576102,936102,206110,942132,087134,731146,054163,066177,163
Total Assets111,267113,560118,587125,471133,021150,020161,051179,436221,396236,470258,177283,956301,433

Financials of Coal India Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +14,38213,15416,46121,11516,3564,97710,59241,10735,73418,10330,23743,215
Cash from Investing Activity +8948,154455-7,747-7,8961,033182-25,715-23,465-4,486-11,114-33,955
Cash from Financing Activity +-15,026-19,587-17,598-13,564-10,885-4,791-8,453-13,441-13,704-13,899-13,308-11,801
Net Cash Flow2501,721-682-196-2,4261,2192,3211,951-1,436-2825,815-2,541
Free Cash Flow9,4807,3687,78512,5869,356-612-26029,11120,5231,35315,95830,783
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit138%112%204%307%105%48%86%189%103%62%97%129%

Financials of Coal India Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days425458272055803834332731
Inventory Days375541
Days Payable50215
Cash Conversion Cycle36738058272055803834332731
Working Capital Days09-23-59-342354-3-1125-44
ROCE %52%57%46%45%107%72%46%54%78%64%48%35%

Guidance history

How Coal India Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY25 call →10–20%FlatPlanned——
Q3 FY24 call →0–10%FlatPlannedPlanned—
Q2 FY24 call →10–20%FlatPlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

22out of 100

Momentum score · price trend

22 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+0.3%61%
Last 6 months−19.2%23%
Last 3 months−6.1%55%

The price is 27.8% below its all-time high of ₹538.85 (23 Aug 2024). Stocks more than 20% below their peak have their score halved, so 45 became 22.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Coal India Ltd: 0.4 × 61 + 0.4 × 23 + 0.2 × 55 = 45, halved to 22 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Coal India Ltd's management said in earlier quarters

Others in Consumable Fuels this season

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