Asia300

Coal India Ltd.

India

  • 1m
  • 3m
  • 6m
  • 1y
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  • 5y
Aug 18, 2017
Prev close: 243.3
Aug 18, 2017
Market cap:
Market cap(USD):
1,510.26B
23,552.8M
Shares: 6,207.41M

Currency in INR

Company profile

Market(Ticker): BOM(533278)
Sector:
Industry:
Energy Minerals
Coal
Full time employees: 310,016

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 2017

  • Local currency
  • US Dollar
Revenue 780,937.7M
Gross profit 151,333.9M
Operating income 95,156.8M
Income before tax 144,337.1M
Net income 92,662.4M
EBITDA 131,322.2M
Diluted EPS 14.78
Dividends per share --
Total assets 1,165.56B
Total liabilities 916,842.5M
Total equity 245,069.7M
Operating cash flow 192,803.8M

Currency in INR

Revenue 11,645.86M
Gross profit 2,256.79M
Operating income 1,419.04M
Income before tax 2,152.45M
Net income 1,381.84M
EBITDA 1,958.36M
Diluted EPS 0.22
Dividends per share --
Total assets 17,949.78M
Total liabilities 14,119.38M
Total equity 3,774.07M
Operating cash flow 2,875.21M

Currency in USD

Valuation measures

Mar 2017

PER 19.81
ROA 8.05%
ROE 31.24%
Operating margin 12.18%
Profit margin 11.86%

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%)
  • Singapore InvestCorp (India) Pvt Ltd.(0.6%)
  • Reliance Nippon Life Asset Management Ltd.(0.6%)
  • Eastspring Investments (Singapore) Ltd.(0.3%)
  • BlackRock Fund Advisors(0.3%)
  • BlackRock Investment Management LLC(0.3%)
  • The Vanguard Group, Inc.(0.3%)
  • ICICI Prudential Asset Management Co. Ltd.(0.2%)
  • Capital Research & Management Co. (World Investors)(0.2%)

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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