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Energy Minerals

Coal India Ltd.

  • 284.60 INR
  • -7.45
  • -2.55%
  • India
    Apr 20, 2018
  • Ticker
    BOM(533278)
  • Prev. close
    292.05
  • Market cap (INR)
    1,812.87B
  • Market cap (USD)
    27,452.70M
  • Shares
    6,207.40M

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.

Business Summary

Coal India Ltd. engages in the production and sale of coal. Its products and services include coking coal; semi coking coal; non-coking coal; washed and beneficiated coal; middlngs; rejects; coal fines and coke fines; tar, heavy oil, light oil, and soft pitch. The company was founded in June 14, 1973 and is headquartered in Kolkata, India.

Financial Highlights

Mar 2017 INRUSD
Revenue778,461.60M11,608.94M
Gross Profit148,857.80M2,219.86M
Operating income95,156.80M1,419.04M
Income before tax144,337.10M2,152.45M
Net income92,662.40M1,381.84M
EBITDA131,322.20M1,958.36M
Diluted EPS14.780.22
Dividends Per Share19.900.29
Total Assets1,165.56B17,949.78M
Total liabilities916,842.50M14,119.38M
Total equity245,069.70M3,774.07M
Operating cash flow192,803.80M2,875.21M
Currency in INRCurrency in USD

Historical Data

 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 683,027.40M 688,100.20M 720,146.20M 777,344.70M 778,461.60M
Gross Profit 230,326.80M 178,359.10M 169,879.60M 200,099.10M 148,857.80M
Operating income 165,892.40M 141,861.90M 130,610.20M 166,344.50M 95,156.80M
Income before tax 249,790.40M 228,795.40M 215,839.20M 214,398M 144,337.10M
Net income 174,495.10M 151,116.80M 137,267.10M 142,668.30M 92,662.40M
EBITDA 184,022.10M 161,826M 156,782.70M 201,450.40M 131,322.20M
Diluted EPS 27.63 23.92 21.73 22.59 14.78
Dividends Per Share 14 29 20.70 27.40 19.90
Total Assets 1,215.64B 1,042.42B 1,105.41B 1,134.73B 1,165.56B
Total liabilities 730,291.70M 617,742.90M 701,225.60M 785,359M 916,842.50M
Total equity 484,608.10M 423,918.60M 403,433.30M 348,149.80M 245,069.70M
Operating cash flow 147,075.20M 209,421M 196,613.20M 181,680.60M 192,803.80M
 Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017
Revenue 12,549.77M 11,385.93M 11,777.97M 11,873.14M 11,608.94M
Gross Profit 4,231.96M 2,951.29M 2,778.37M 3,056.30M 2,219.86M
Operating income 3,048.06M 2,347.37M 2,136.12M 2,540.74M 1,419.04M
Income before tax 4,589.58M 3,785.85M 3,530.04M 3,274.71M 2,152.45M
Net income 3,206.13M 2,500.51M 2,245.00M 2,179.11M 1,381.84M
EBITDA 3,381.17M 2,677.72M 2,564.17M 3,076.94M 1,958.36M
Diluted EPS 0.50 0.39 0.35 0.34 0.22
Dividends Per Share 0.25 0.47 0.33 0.41 0.29
Total Assets 22,367.02M 17,454.45M 17,663.67M 17,135.23M 17,949.78M
Total liabilities 13,436.83M 10,343.55M 11,205.04M 11,859.39M 14,119.38M
Total equity 8,916.43M 7,098.13M 6,446.55M 5,257.27M 3,774.07M
Operating cash flow 2,702.32M 3,465.27M 3,215.60M 2,774.98M 2,875.21M

Valuation Measures

Mar 2017
PER19.81
ROA8.05%
ROE31.24%
Operating margin12.22%
Profit margin11.90%

Key executives

  • Chairman & Chief Executive Officer: Gopal Singh
  • Chief Financial Officer & Executive Director: Chandan Kumar Dey
  • Independent Director & Director-Technical: Shekhar Saran
  • Technical Director: Binay Dayal
  • Secretary & Compliance Officer: M. Viswanathan

Shareholders

  • Government of India (78.5%)
  • Life Insurance Corp. of India (10.3%)
  • GIC Pte Ltd. (Investment Management) (1.1%)
  • The Vanguard Group, Inc. (0.6%)
  • Reliance Nippon Life Asset Management Ltd. (Invt Mgmt) (0.4%)
  • BlackRock Fund Advisors (0.3%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.3%)
  • Eastspring Investments (Singapore) Ltd. (0.2%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (0.2%)
  • SBI Funds Management Pvt Ltd. (0.2%)

Contact Details

  • 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

Related Companies

  • Coal India Africana Lda.
  • Eastern Mineral Trading Agency Ltd.
  • MNH Shakti Ltd.
  • Central Mine Planning & Design Institute Ltd.
  • Bharat Cooking Coal Ltd.
  • Mahanadi Coalfields Ltd.
  • Eastern Coalfields Ltd.
  • Central Coalfields Ltd.
  • Western Coalfields Ltd.
  • South Eastern Coalfields Ltd.
  • Northern Coalfields Ltd.
  • Bharat Coking Coal Ltd.

Competitors

  • PT Indo Tambangraya Megah Tbk
  • PT Bukit Asam Tbk
  • Peabody Energy Corporation
Last Updated on 20 Apr, 2018

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