Coal India Limited
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 included cement, fertilizers, brick kilns etc.
Product Portfolio
Coking Coal, Semi – Coking Coal, Non –
Coking Coal, Washed and beneficiated coal,
Middlings, Rejects, CIL coke, Tar, Heavy
Oil, Light oil, soft pitch, and other value- added products.
Shareholding Pattern
- PUBLIC GROUP
- PROMOTER GROUP
Financial Summary
| Particulars | March 2023 | March 2022 | March 2021 |
| Sales | 138,252 | 109,715 | 90,026 |
| Sales Growth % | 26.01% | 21.87% | -6.30% |
| Operating Profit | 36,810 | 24,721 | 18,628 |
| OPM % | 27% | 23% | 21% |
| Profit before tax | 38,001 | 23,616 | 18,009 |
| YOY Growth | – | 7% | 7% |
| EPS in Rs | 45.70 | 28.17 | 20.61 |
Final Outlook
Coal India’s (CIL) operating performance as of November 23 is still strong. Important points: 1) Supplies to the regulated and non-regulated sectors increased 5.8% YoY and 7.4% YoY, respectively; 2) In 8MFY24, SECL failed to meet its progressive targets while BCCL and NCL did.
While, SECL has contributed 42% of the additional coal supply; and 3) pithead inventory is up 58% year over year to a comfortable 45 metric tons. In the future, we anticipate that stable global coal prices will improve e-auction prices through a cascading effect. Given that CIL is expected to generate free cash flow of Rs 22,000 crore/Rs 19,500 crore in FY24E/FY25, this is quite possible in a year before elections.
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Coal-India-Ltd