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Energy Minerals

Coal India Ltd.

  • 281.90 INR
  • -0.55
  • -0.19%
  • India
    Aug 16, 2018
  • Ticker
    BOM(533278)
  • Prev. close
    282.45
  • Market cap (INR)
    1,753.28B
  • Market cap (USD)
    24,941.34M
  • 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. is a holding company, which 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 2018 INRUSD
Revenue858,624.40M13,319.01M
Gross Profit115,723.20M1,795.10M
Operating income69,836.90M1,083.31M
Income before tax107,264.40M1,663.88M
Net income70,203.40M1,088.99M
EBITDA100,500.70M1,558.97M
Diluted EPS11.310.17
Dividends Per Share16.500.25
Total Assets1,274.91B19,547.44M
Total liabilities1,072.82B16,448.93M
Total equity198,465.70M3,042.93M
Operating cash flow----
Currency in INRCurrency in USD

Historical Data

 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 688,100.20M 720,146.20M 777,344.70M 778,461.60M 858,624.40M
Gross Profit 178,359.10M 169,879.60M 200,099.10M 148,857.80M 115,723.20M
Operating income 141,861.90M 130,610.20M 166,344.50M 95,156.80M 69,836.90M
Income before tax 228,795.40M 215,839.20M 214,398M 144,337.10M 107,264.40M
Net income 151,116.80M 137,267.10M 142,668.30M 92,662.40M 70,203.40M
EBITDA 161,826M 156,782.70M 201,450.40M 131,322.20M 100,500.70M
Diluted EPS 23.92 21.73 22.59 14.78 11.31
Dividends Per Share 29 20.70 27.40 19.90 16.50
Total Assets 1,042.42B 1,105.41B 1,134.73B 1,165.56B 1,274.91B
Total liabilities 617,742.90M 701,225.60M 785,359M 916,842.50M 1,072.82B
Total equity 423,918.60M 403,433.30M 348,149.80M 245,069.70M 198,465.70M
Operating cash flow 209,421M 196,613.20M 181,680.60M 192,803.80M --
 Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018
Revenue 11,385.93M 11,777.97M 11,873.14M 11,608.94M 13,319.01M
Gross Profit 2,951.29M 2,778.37M 3,056.30M 2,219.86M 1,795.10M
Operating income 2,347.37M 2,136.12M 2,540.74M 1,419.04M 1,083.31M
Income before tax 3,785.85M 3,530.04M 3,274.71M 2,152.45M 1,663.88M
Net income 2,500.51M 2,245.00M 2,179.11M 1,381.84M 1,088.99M
EBITDA 2,677.72M 2,564.17M 3,076.94M 1,958.36M 1,558.97M
Diluted EPS 0.39 0.35 0.34 0.22 0.17
Dividends Per Share 0.47 0.33 0.41 0.29 0.25
Total Assets 17,454.45M 17,663.67M 17,135.23M 17,949.78M 19,547.44M
Total liabilities 10,343.55M 11,205.04M 11,859.39M 14,119.38M 16,448.93M
Total equity 7,098.13M 6,446.55M 5,257.27M 3,774.07M 3,042.93M
Operating cash flow 3,465.27M 3,215.60M 2,774.98M 2,875.21M --

Valuation Measures

Mar 2018
PER25.06
ROA5.75%
ROE31.65%
Operating margin8.13%
Profit margin8.17%

Key executives

  • Chairman & Managing Director: Anil Kumar Jha
  • Executive Director & Finance Director: Chandan Kumar Dey
  • Director & Technical Director: Binay Dayal
  • Secretary & Compliance Officer: M. Viswanathan
  • Executive Director & Marketing Director: Shyam Nandan Prasad

Shareholders

  • Government of India (78.3%)
  • Life Insurance Corp. of India (10.3%)
  • GIC Pte Ltd. (Investment Management) (1.1%)
  • The Vanguard Group, Inc. (0.6%)
  • ICICI Prudential Asset Management Co. Ltd. (0.4%)
  • Reliance Nippon Life Asset Management Ltd. (Invt Mgmt) (0.4%)
  • ICICI Prudential Life Insurance Co. Ltd. (Invt Port) (0.3%)
  • BlackRock Fund Advisors (0.3%)
  • HDFC Asset Management Co. Ltd. (Invt Mgmt) (0.3%)
  • 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 Bukit Asam Tbk
  • Peabody Energy Corporation
  • PT Indo Tambangraya Megah Tbk
Last Updated on 16 Aug, 2018

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