Asia300

Coal India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 26, 2017
Prev close: 268.35
May 26, 2017
Market cap:
Market cap(USD):
1,665.75B
25,853.76M
Shares: 6,207.40M

Currency in INR

Company profile

Market(Ticker): BOM(533278)
Sector:
Industry:
Energy Minerals
Coal
Full time employees: 322,404

Business summary

Coal India Ltd. operates as mining company, which engages in the production and sale of coal. The company was founded in June 14, 1973 and is headquartered in Kolkata, India.

Company background

Coal India is the largest coal producing company in the world. It is responsible for more than 80% of India's coal production and commands nearly 74% of the country's coal market. Coal India is a holding company with seven wholly owned coal producing subsidiaries, one mine planning and consultancy company in India, and a fully-owned mining company in Mozambique. The Indian government has about a 80% stake in the company, which is under the administrative control of the Ministry of Coal. Coal India acquires metallurgical and thermal coal assets overseas through Coal Videsh.

Coal India was established in Nov. 1975 after the government nationalized the coal industry to manage India's growing energy requirements. The government first acquired 226 coking coal mines in 1972 under Bharat Coking Coal (BCCL) and then took control of 711 non-coking coal mines in 1973 under the Coal Mines Authority (CMAL). Coal India was finally set up as a formal holding company to manage both BCCL and CMAL.

Sutirtha Bhattacharya, a senior bureaucrat, is the chairman and managing director of Coal India. Prior to assuming his current position in January, Bhattacharya led the state-owned Singareni Collieries Company in the southern Telangana state. Bhattacharya has vast experience across different sectors of the Indian government, having joined the public service as a bureaucrat in 1985. He also held the position of principal secretary (energy) in the Andhra Pradesh state government, where he focused on ensuring quality power supply at reasonable prices.

In the news

Financial highlights

Mar 2016

  • Local currency
  • US Dollar
Revenue 756,442.7M
Gross profit 190,565M
Operating income 135,601.2M
Income before tax 215,890.9M
Net income 142,743.4M
EBITDA 163,457.3M
Diluted EPS 22.6
Dividends per share 27.4
Total assets 1,102.19B
Total liabilities 762,172.6M
Total equity 338,794.2M
Operating cash flow 164,121.5M

Currency in INR

Revenue 11,553.88M
Gross profit 2,910.68M
Operating income 2,071.16M
Income before tax 3,297.51M
Net income 2,180.25M
EBITDA 2,496.64M
Diluted EPS 0.34
Dividends per share 0.41
Total assets 16,643.83M
Total liabilities 11,509.26M
Total equity 5,115.99M
Operating cash flow 2,506.78M

Currency in USD

Valuation measures

Mar 2016

PER 12.92
ROA 12.93%
ROE 38.46%
Operating margin 17.92%
Profit margin 18.87%

Key executive

  • Chairman, Chief Executive Officer & MD: Sutirtha Bhattacharya
  • Chief Financial Officer & Executive Director: Chandan Kumar Dey
  • Secretary & Compliance Officer: M. Viswanathan
  • General Manager-Administration & Mining: V. G. Pratapan
  • Executive Director & Marketing Director: Shyam Nandan Prasad

Share holders

  • Government of India(79.7%)
  • Life Insurance Corp. of India(6.7%)
  • Reliance Nippon Life Asset Management Ltd.(0.7%)
  • Singapore InvestCorp (India) Pvt Ltd.(0.6%)
  • Eastspring Investments (Singapore) Ltd.(0.4%)
  • BlackRock Fund Advisors(0.3%)
  • Capital Research & Management Co. (World Investors)(0.3%)
  • The Vanguard Group, Inc.(0.3%)
  • ICICI Prudential Asset Management Co. Ltd.(0.3%)
  • BlackRock Investment Management LLC(0.3%)

Address

  • Website: http://www.coalindia.in
  • Address: Coal Bhawan, 3rd Floor, Core-2, Premises No-4 MAR, Plot No-AF-III, Kolkata, 700156, India
  • Phone: +91.33.23246526

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