COALINDIA
Coal India share price & financials
- Price
- ₹427.65
- Market cap
- ₹2.6L Cr
- Sector
- Oil, Gas & Consumable Fuels
- Calls analysed
- 4
Coal India FY25 Investors Meet
FY25 Coal Supply to Power Sector 614 million tonnes; FY25 Non-Power Supply Growth 147 million tonnes (+10% YoY); FY25 E-auction Premium (Q4) 43%. FY25 volumes nearly flat due to production shortfalls at SECL (heavy rainfall) and CCL (EC/FC clearance delays).
Read the full call →What Coal India does
Coal India is a government-owned Maharatna enterprise and India's dominant coal producer, mining and selling raw and washed coal. It operates through seven coal-producing subsidiaries plus the directly-run North Eastern Coalfields, with CMPDIL providing mine planning and consultancy. It earns primarily by selling coal to power and non-power buyers under long-term Fuel Supply Agreements (FSA), through e-auctions, and via washed coal, and is diversifying into solar and thermal power, coal gasification, and critical minerals.
Segments
- Coal mining
- Mine planning & consultancy
- Annual coal production
- 768.19 MT (FY26)
- Coal-producing subsidiaries
- Seven (ECL, BCCL, CCL, NCL, WCL, SECL, MCL) plus CMPDIL and North Eastern Coalfields unit
- Employees
- 2,12,066 (as on 31.03.2026)
- Ownership / status
- Government-owned Maharatna PSU
- Solar power plant
- 100 MW plant at Patan, grid-connected 31.03.2026
- Thermal power JV
- 50:50 JV with DVC for a 1,600 MW (2x800 MW) supercritical project at Chandrapura, Jharkhand
Guidance record · Q4 FY25
what the last two calls moved 7 tracked 1 delivered 1 missed 5 open- FY25 Production missed said Q2 FY24 Promised: 840-850 million tonnes Q4 FY25: FY25 volumes nearly flat, missed target significantly
- Long-term Production Target delayed said Q1 FY23 Promised: 1 billion tonnes by FY25 Q4 FY25: Plateau of 1 BT to 1.043 BT now expected by FY29-30
- FY26 Production open said Q4 FY25 Promised: 875 million tonnes Q4 FY25: 875 million tonnes
All 7 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 7.8%, net profit up 0.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 31,182 | 36,859 | 37,825 | 42,919 | 30,187 −3% | 34,924 −5% | 46,490 +23% | 46,255 +8% |
| EBITDA | 8,617 | 12,317 | 11,790 | 12,588 | 6,716 −22% | 9,331 −24% | 12,673 +7% | 12,069 −4% |
| Net profit | 6,275 | 8,491 | 9,593 | 8,788 | 4,263 −32% | 7,166 −16% | 10,908 +14% | 8,850 +1% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +8.8% 1Y
1Y: ₹391.9 on 10 Sept 2025 → ₹426.4. High ₹481.65 (4 Jun 2026), low ₹370.05 (25 Nov 2025).
Financials, as filed
Revenue grew 3.8% a year over 3 years, FY23 to FY26. Operating margin narrowed to 26.7%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹138.3k Cr | ₹143.1k Cr | ₹142.3k Cr | ₹154.5k Cr |
| Operating profit | ₹39.1k Cr | ₹47.9k Cr | ₹47.1k Cr | ₹41.3k Cr |
| Operating margin | 28.3% | 33.5% | 33.1% | 26.7% |
| Interest | ₹684 Cr | ₹819 Cr | ₹884 Cr | ₹1.2k Cr |
| Depreciation | ₹5.2k Cr | ₹6.7k Cr | ₹9.1k Cr | ₹10.1k Cr |
| Net profit | ₹29.5k Cr | ₹37.4k Cr | ₹35.3k Cr | ₹31.1k Cr |
| Net margin | 21.3% | 26.1% | 24.8% | 20.1% |
| Cash from operations | ₹35.7k Cr | ₹18.1k Cr | ₹30.2k Cr | ₹43.2k Cr |
| Free cash flow | ₹20.5k Cr | ₹1.4k Cr | ₹16.0k Cr | ₹30.8k Cr |
| ROCE | 78.0% | 64.0% | 48.0% | 35.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹6.2k Cr | ₹6.2k Cr | ₹6.2k Cr | ₹6.2k Cr | ₹6.2k Cr | ₹6.2k Cr |
| Reserves | ₹30.4k Cr | ₹37.0k Cr | ₹54.7k Cr | ₹76.6k Cr | ₹99.2k Cr | ₹112.9k Cr |
| Borrowings | ₹5.9k Cr | ₹3.5k Cr | ₹4.3k Cr | ₹6.5k Cr | ₹13.8k Cr | ₹14.1k Cr |
| Other liabilities | ₹118.6k Cr | ₹132.8k Cr | ₹156.2k Cr | ₹147.2k Cr | ₹146.5k Cr | ₹150.8k Cr |
| Total liabilities | ₹161.1k Cr | ₹179.4k Cr | ₹221.4k Cr | ₹236.5k Cr | ₹265.6k Cr | ₹284.0k Cr |
| Fixed assets | ₹42.4k Cr | ₹46.7k Cr | ₹64.5k Cr | ₹75.7k Cr | ₹87.1k Cr | ₹87.3k Cr |
| Capital work in progress | ₹10.5k Cr | ₹12.9k Cr | ₹17.6k Cr | ₹19.0k Cr | ₹17.2k Cr | ₹23.4k Cr |
| Investments | ₹6.0k Cr | ₹8.9k Cr | ₹7.1k Cr | ₹7.1k Cr | ₹9.6k Cr | ₹10.2k Cr |
| Other assets | ₹102.2k Cr | ₹110.9k Cr | ₹132.1k Cr | ₹134.7k Cr | ₹151.8k Cr | ₹163.1k Cr |
| Total assets | ₹161.1k Cr | ₹179.4k Cr | ₹221.4k Cr | ₹236.5k Cr | ₹265.6k Cr | ₹284.0k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +2.21 pp while promoters trimmed −2.00 pp. The shareholder count grew 11% to 25,51,169.
- Promoters
- 61.1%
- FIIs
- 10.4%
- DIIs
- 22.2%
- Government
- 0.1%
- Public
- 6.2%
Since Jun 2025
- FIIs +2.21 pp
- Promoters −2.00 pp
- DIIs −0.46 pp
How it drifted, 12 quarters
Over this window FIIs went from 7.8% to 10.4% — +2.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 63.1%, FIIs 7.8%, DIIs 24.1%, Government 0.1%, Public 4.9%.Dec '23: Promoters 63.1%, FIIs 8.6%, DIIs 23.1%, Government 0.1%, Public 5.1%.Mar '24: Promoters 63.1%, FIIs 8.4%, DIIs 23.2%, Government 0.1%, Public 5.2%.Jun '24: Promoters 63.1%, FIIs 8.4%, DIIs 23.1%, Government 0.1%, Public 5.2%.Sep '24: Promoters 63.1%, FIIs 9.2%, DIIs 22.6%, Government 0.1%, Public 5.0%.Dec '24: Promoters 63.1%, FIIs 8.6%, DIIs 22.6%, Government 0.1%, Public 5.6%.Mar '25: Promoters 63.1%, FIIs 7.7%, DIIs 23.4%, Government 0.1%, Public 5.7%.Jun '25: Promoters 63.1%, FIIs 8.2%, DIIs 22.7%, Government 0.1%, Public 5.9%.Sep '25: Promoters 63.1%, FIIs 8.0%, DIIs 22.8%, Government 0.1%, Public 6.0%.Dec '25: Promoters 63.1%, FIIs 8.2%, DIIs 22.5%, Government 0.1%, Public 6.0%.Mar '26: Promoters 63.1%, FIIs 8.4%, DIIs 22.8%, Government 0.1%, Public 5.6%.Jun '26: Promoters 61.1%, FIIs 10.4%, DIIs 22.2%, Government 0.1%, Public 6.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Parag Parikh Flexi Cap Fund Mutual fund +0.10 pp 3.03% held
The same filing shows 3 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Coal India above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| President Of India | 61.13% | −2.00 pp |
| Life Insurance Corporation Of India Insurer | 10.24% | −0.81 pp |
| Parag Parikh Flexi Cap Fund Mutual fund | 3.03% | +0.10 pp |
| Cpse Exchange Traded Scheme (Cpse ETF) Mutual fund | 1.57% | unchanged |
| SBI Nifty 50 ETF Mutual fund | 1.38% | −0.18 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Mutual funds in COALINDIA
Filings to Aug 2026
1 new, 18 added, 12 trimmed, 2 sold out — net +129.10 L shares (+5.2%).
- Held by funds
- ₹10.5k Cr
- 42 schemes
- Biggest holder
- CPSE ETF
- ₹2.7k Cr · 14.4% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| CPSE ETF Nippon India Mutual Fund | ₹2.7k Cr | +0.77 L | Jan '19 |
| SBI Nifty 50 ETF SBI Mutual Fund | ₹1.9k Cr | +2.44 L | Aug '21 |
| HDFC Balanced Advantage Fund HDFC Mutual Fund | ₹1.8k Cr | held | Dec '22 |
| SBI Aggressive Hybrid Fund SBI Mutual Fund | ₹763 Cr | −100.00 L | Jan '26 |
| Nippon India ETF Nifty 50 BeES Nippon India Mutual Fund | ₹586 Cr | +2.93 L | Jan '19 |
| Nippon India Small Cap Fund Nippon India Mutual Fund | ₹522 Cr | +100.00 L | May '22 |
| Nippon India Large Cap Fund Nippon India Mutual Fund | ₹402 Cr | new | Aug '26 |
| SBI Arbitrage Fund SBI Mutual Fund | ₹384 Cr | +17.00 L | Mar '23 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Aug 2026
18 added, 12 trimmed — net +1.29 cr shares (+5.2%)
- Funds are sitting on
- +51%
- vs est. average cost
- Held by funds
- ₹10.5k Cr
- 42 schemes · ≈ 4.2% of the company
- Biggest holder
- CPSE ETF
- ₹2.7k Cr · 14.4% of that fund
- Longest holder
- Nippon India Index Fund - Nifty 50 Plan
- 14y · since Sep '12
Shares held by these funds −33%
Aug '23 24.68 cr shares Jul '26
All earnings calls (4)
Read the Q4 FY25 call →Learn to analyse Coal India
Guides on how to read this kind of business and the numbers that matter.