Coal India Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: November 28, 2025, 7:50 am

Market Cap	2,33,013 Cr.
Current Price	378
High / Low	426/349
Stock P/E	7.47
Book Value	171
Dividend Yield	7.01 %
ROCE	48.0 %
ROE	38.9 %
Face Value	10.0
PEG Ratio	0.60

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Coal India Ltd

Competitors of Coal India Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Ganesha Ecoverse Ltd	71.8 Cr.	29.2	49.5/25.1		21.5	0.00 %	7.18 %	9.49 %	10.0
Foundry Fuel Products Ltd	5.60 Cr.	6.98	8.74/4.83		1.66	0.00 %	%	%	10.0
Deccan Gold Mines Ltd	1,887 Cr.	120	170/85.3		12.9	0.00 %	21.1 %	14.5 %	1.00
Asi Industries Ltd	272 Cr.	30.2	65.9/26.6	10.5	38.9	1.32 %	9.88 %	7.01 %	1.00
Anmol India Ltd	81.4 Cr.	14.3	30.3/12.9	10.5	20.2	0.00 %	9.81 %	6.70 %	10.0
Industry Average	44,401.00 Cr	601.89		17.60	98.18	1.65%	19.57%	16.89%	5.18

All Competitor Stocks of Coal India Ltd

Quarterly Result

Metric	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025
Sales	35,092	29,838	35,169	38,152	35,983	32,776	36,154	38,213	36,465	30,673	36,859	37,825	35,842
Expenses	22,865	22,700	24,781	28,819	22,431	22,738	23,183	26,826	22,126	22,056	24,541	26,034	23,321
Operating Profit	12,227	7,139	10,389	9,333	13,552	10,038	12,971	11,388	14,339	8,617	12,317	11,790	12,521
OPM %	35%	24%	30%	24%	38%	31%	36%	30%	39%	28%	33%	31%	35%
Other Income	995	1,761	1,671	2,291	1,538	2,074	2,489	2,318	1,970	1,642	2,214	4,106	1,760
Interest	150	135	204	195	178	182	227	232	209	208	226	241	265
Depreciation	994	1,077	1,262	1,860	1,527	1,594	1,723	1,892	1,952	1,898	2,513	2,782	2,307
Profit before tax	12,077	7,687	10,594	9,569	13,385	10,336	13,510	11,582	14,147	8,153	11,792	12,873	11,709
Tax %	27%	21%	27%	28%	22%	22%	24%	26%	23%	23%	28%	25%	25%
Net Profit	8,834	6,044	7,719	6,869	10,498	8,049	10,292	8,530	10,944	6,275	8,491	9,593	8,734
EPS in Rs	14.33	9.81	12.58	11.16	17.08	13.06	16.64	13.91	17.78	10.21	13.80	15.58	14.19

Last Updated: August 1, 2025, 10:35 pm

Below is a detailed analysis of the quarterly data for Coal India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:

For Sales, as of Jun 2025, the value is 35,842.00 Cr.. The value appears to be declining and may need further review. It has decreased from 37,825.00 Cr. (Mar 2025) to 35,842.00 Cr., marking a decrease of 1,983.00 Cr..
For Expenses, as of Jun 2025, the value is 23,321.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 26,034.00 Cr. (Mar 2025) to 23,321.00 Cr., marking a decrease of 2,713.00 Cr..
For Operating Profit, as of Jun 2025, the value is 12,521.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,790.00 Cr. (Mar 2025) to 12,521.00 Cr., marking an increase of 731.00 Cr..
For OPM %, as of Jun 2025, the value is 35.00%. The value appears strong and on an upward trend. It has increased from 31.00% (Mar 2025) to 35.00%, marking an increase of 4.00%.
For Other Income, as of Jun 2025, the value is 1,760.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4,106.00 Cr. (Mar 2025) to 1,760.00 Cr., marking a decrease of 2,346.00 Cr..
For Interest, as of Jun 2025, the value is 265.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 241.00 Cr. (Mar 2025) to 265.00 Cr., marking an increase of 24.00 Cr..
For Depreciation, as of Jun 2025, the value is 2,307.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 2,782.00 Cr. (Mar 2025) to 2,307.00 Cr., marking a decrease of 475.00 Cr..
For Profit before tax, as of Jun 2025, the value is 11,709.00 Cr.. The value appears to be declining and may need further review. It has decreased from 12,873.00 Cr. (Mar 2025) to 11,709.00 Cr., marking a decrease of 1,164.00 Cr..
For Tax %, as of Jun 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 25.00%.
For Net Profit, as of Jun 2025, the value is 8,734.00 Cr.. The value appears to be declining and may need further review. It has decreased from 9,593.00 Cr. (Mar 2025) to 8,734.00 Cr., marking a decrease of 859.00 Cr..
For EPS in Rs, as of Jun 2025, the value is 14.19. The value appears to be declining and may need further review. It has decreased from 15.58 (Mar 2025) to 14.19, marking a decrease of 1.39.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: November 15, 2025, 5:33 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	70,608	74,120	77,861	78,164	85,244	99,586	96,080	90,026	109,715	138,252	144,762	143,369	140,712
Expenses	52,842	56,777	59,147	65,716	75,956	74,579	74,500	71,398	84,995	94,020	96,791	96,305	97,367
Operating Profit	17,766	17,343	18,714	12,448	9,288	25,007	21,581	18,628	24,721	44,232	47,971	47,064	43,345
OPM %	25%	23%	24%	16%	11%	25%	22%	21%	23%	32%	33%	33%	31%
Other Income	7,169	6,570	5,939	5,316	4,975	5,834	6,444	3,742	3,866	6,560	8,396	9,932	10,430
Interest	59	9	388	410	430	264	503	642	541	684	819	884	1,019
Depreciation	1,996	2,320	2,826	2,907	3,063	3,450	3,451	3,718	4,429	6,833	6,735	9,145	10,267
Profit before tax	22,880	21,584	21,440	14,446	10,770	27,127	24,071	18,009	23,616	43,275	48,813	46,966	42,489
Tax %	34%	36%	33%	36%	35%	36%	31%	29%	26%	27%	23%	25%
Net Profit	15,112	13,727	14,267	9,280	7,038	17,464	16,700	12,702	17,378	31,723	37,369	35,302	31,081
EPS in Rs	23.92	21.73	22.59	14.95	11.34	28.34	27.12	20.61	28.17	51.54	60.69	57.37	50.64
Dividend Payout %	121%	95%	121%	133%	146%	46%	44%	78%	60%	47%	42%	46%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-9.16%	3.93%	-34.95%	-24.16%	148.14%	-4.37%	-23.94%	36.81%	82.55%	17.80%	-5.53%
Change in YoY Net Profit Growth (%)	0.00%	13.10%	-38.89%	10.80%	172.30%	-152.51%	-19.57%	60.75%	45.73%	-64.75%	-23.33%

Coal India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	7%
5 Years:	8%
3 Years:	9%
TTM:	-2%

Compounded Profit Growth
10 Years:	10%
5 Years:	16%
3 Years:	27%
TTM:	-12%

Stock Price CAGR
10 Years:	2%
5 Years:	24%
3 Years:	19%
1 Year:	-22%

Return on Equity
10 Years:	46%
5 Years:	47%
3 Years:	49%
Last Year:	39%

Last Updated: September 5, 2025, 2:05 am

Balance Sheet

Last Updated: November 9, 2025, 1:51 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	6,316	6,316	6,316	6,207	6,207	6,163	6,163	6,163	6,163	6,163	6,163	6,163	6,163
Reserves	36,088	34,037	28,517	18,311	13,971	20,292	25,994	30,355	36,980	54,680	76,567	92,942	99,200
Borrowings	178	408	1,199	3,014	1,538	2,210	6,434	5,884	3,514	4,331	6,523	9,146	13,786
Other Liabilities	62,356	70,505	77,528	91,054	103,754	104,356	111,430	118,649	132,780	156,222	147,217	150,735	146,468
Total Liabilities	104,938	111,267	113,560	118,587	125,471	133,021	150,020	161,051	179,436	221,396	236,470	258,985	265,618
Fixed Assets	14,784	16,115	22,082	23,811	27,574	32,618	36,784	42,405	46,677	64,547	75,668	82,865	87,065
CWIP	4,316	5,159	4,553	8,585	10,273	9,658	8,328	10,490	12,897	17,622	18,960	22,385	17,238
Investments	3,775	2,813	2,906	1,483	1,704	3,170	1,973	5,950	8,921	7,139	7,110	7,591	9,556
Other Assets	82,063	87,179	84,018	84,708	85,920	87,576	102,936	102,206	110,942	132,087	134,731	146,144	151,759
Total Assets	104,938	111,267	113,560	118,587	125,471	133,021	150,020	161,051	179,436	221,396	236,470	258,985	265,618

Below is a detailed analysis of the balance sheet data for Coal India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 6,163.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 6,163.00 Cr..
For Reserves, as of Sep 2025, the value is 99,200.00 Cr.. The value appears strong and on an upward trend. It has increased from 92,942.00 Cr. (Mar 2025) to 99,200.00 Cr., marking an increase of 6,258.00 Cr..
For Borrowings, as of Sep 2025, the value is 13,786.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 9,146.00 Cr. (Mar 2025) to 13,786.00 Cr., marking an increase of 4,640.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 146,468.00 Cr.. The value appears to be improving (decreasing). It has decreased from 150,735.00 Cr. (Mar 2025) to 146,468.00 Cr., marking a decrease of 4,267.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 265,618.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 258,985.00 Cr. (Mar 2025) to 265,618.00 Cr., marking an increase of 6,633.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 87,065.00 Cr.. The value appears strong and on an upward trend. It has increased from 82,865.00 Cr. (Mar 2025) to 87,065.00 Cr., marking an increase of 4,200.00 Cr..
For CWIP, as of Sep 2025, the value is 17,238.00 Cr.. The value appears to be declining and may need further review. It has decreased from 22,385.00 Cr. (Mar 2025) to 17,238.00 Cr., marking a decrease of 5,147.00 Cr..
For Investments, as of Sep 2025, the value is 9,556.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,591.00 Cr. (Mar 2025) to 9,556.00 Cr., marking an increase of 1,965.00 Cr..
For Other Assets, as of Sep 2025, the value is 151,759.00 Cr.. The value appears strong and on an upward trend. It has increased from 146,144.00 Cr. (Mar 2025) to 151,759.00 Cr., marking an increase of 5,615.00 Cr..
For Total Assets, as of Sep 2025, the value is 265,618.00 Cr.. The value appears strong and on an upward trend. It has increased from 258,985.00 Cr. (Mar 2025) to 265,618.00 Cr., marking an increase of 6,633.00 Cr..

Notably, the Reserves (99,200.00 Cr.) exceed the Borrowings (13,786.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	14,525	14,382	13,154	16,461	21,115	16,356	4,977	10,592	41,107	35,734	18,103	29,200
Cash from Investing Activity +	8,580	894	8,154	455	-7,747	-7,896	1,033	182	-25,715	-23,465	-4,486	-10,076
Cash from Financing Activity +	-25,350	-15,026	-19,587	-17,598	-13,564	-10,885	-4,791	-8,453	-13,441	-13,704	-13,899	-13,308
Net Cash Flow	-2,246	250	1,721	-682	-196	-2,426	1,219	2,321	1,951	-1,436	-282	5,815

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-161.00	-391.00	17.00	9.00	8.00	23.00	15.00	13.00	21.00	40.00	41.00	38.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	43	42	54	58	27	20	55	80	38	34	33	32
Inventory Days	321	375	541
Days Payable	41	50	215
Cash Conversion Cycle	323	367	380	58	27	20	55	80	38	34	33	32
Working Capital Days	8	0	9	-23	-59	-34	25	54	-3	-11	25	-14
ROCE %	50%	52%	57%	46%	45%	107%	72%	46%	54%	78%	64%	48%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	66.13%	66.13%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%	63.13%
FIIs	7.86%	7.84%	9.30%	7.80%	8.59%	8.41%	8.39%	9.16%	8.58%	7.74%	8.16%	7.96%
DIIs	21.18%	21.05%	22.30%	24.07%	23.06%	23.18%	23.15%	22.56%	22.59%	23.35%	22.66%	22.80%
Government	0.09%	0.09%	0.10%	0.10%	0.10%	0.11%	0.11%	0.11%	0.11%	0.11%	0.12%	0.12%
Public	4.74%	4.90%	5.18%	4.91%	5.10%	5.16%	5.21%	5.02%	5.59%	5.68%	5.93%	5.98%
No. of Shareholders	12,84,083	13,24,238	13,24,733	13,17,699	13,80,104	15,75,608	17,49,437	19,95,555	22,23,442	22,79,035	23,07,450	23,22,686

Shareholding Pattern Chart

No. of Shareholders

Coal India Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India CPSE ETF	145,656,048	17.5	6360.8	145,656,048	2025-04-22 16:17:36	0%
HDFC Balanced Advantage Fund - Regular Plan	73,700,000	4.09	3218.48	73,700,000	2025-04-22 16:17:36	0%
Parag Parikh Flexi Cap Fund	69,326,793	5.14	3027.5	69,326,793	2025-04-22 16:17:36	0%
SBI Nifty 50 ETF	41,220,683	1.04	1800.11	41,220,683	2025-04-22 16:17:36	0%
HDFC Top 100 Fund - Regular Plan	27,557,721	3.8	1203.45	27,557,721	2025-04-22 12:29:18	0%
ICICI Prudential Bharat 22 ETF	21,505,306	5.66	941.29	21,505,306	2025-04-22 16:17:36	0%
ICICI Prudential Bluechip Fund	14,271,198	1.21	623.22	14,271,198	2025-04-22 16:17:36	0%
Kotak Equity Arbitrage Fund - Regular Plan	12,721,800	1.42	555.56	12,721,800	2025-04-22 16:17:36	0%
UTI Nifty 50 ETF	11,489,048	1.04	501.73	11,489,048	2025-04-22 16:17:36	0%
Nippon India Small Cap Fund	7,542,375	0.72	329.38	7,542,375	2025-04-22 16:17:36	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	57.37	60.69	45.70	28.17	20.61
Diluted EPS (Rs.)	57.37	60.69	45.70	28.17	20.61
Cash EPS (Rs.)	71.37	70.87	53.24	35.40	26.64
Book Value[Excl.RevalReserv]/Share (Rs.)	160.81	135.62	94.14	71.10	59.97
Book Value[Incl.RevalReserv]/Share (Rs.)	160.81	135.62	94.14	71.10	59.97
Revenue From Operations / Share (Rs.)	232.64	230.94	224.34	178.03	146.08
PBDIT / Share (Rs.)	91.73	90.77	70.37	46.40	36.29
PBIT / Share (Rs.)	76.89	79.84	62.78	39.21	30.27
PBT / Share (Rs.)	75.46	78.51	61.67	38.34	29.23
Net Profit / Share (Rs.)	56.53	59.94	45.65	28.21	20.62
NP After MI And SOA / Share (Rs.)	57.37	60.69	45.70	28.17	20.61
PBDIT Margin (%)	39.43	39.30	31.36	26.06	24.84
PBIT Margin (%)	33.05	34.57	27.98	22.02	20.72
PBT Margin (%)	32.43	33.99	27.49	21.53	20.00
Net Profit Margin (%)	24.30	25.95	20.34	15.84	14.11
NP After MI And SOA Margin (%)	24.66	26.27	20.37	15.82	14.10
Return on Networth / Equity (%)	35.67	45.21	49.20	40.23	34.77
Return on Capital Employeed (%)	24.24	27.89	27.15	19.67	16.93
Return On Assets (%)	13.58	15.73	13.33	9.63	7.85
Long Term Debt / Equity (X)	0.07	0.06	0.07	0.07	0.07
Total Debt / Equity (X)	0.08	0.07	0.07	0.07	0.16
Asset Turnover Ratio (%)	0.57	0.63	0.01	0.01	0.01
Current Ratio (X)	1.49	1.70	1.57	1.62	1.64
Quick Ratio (X)	1.29	1.53	1.45	1.49	1.47
Inventory Turnover Ratio (X)	12.58	1.26	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	45.92	40.36	50.87	62.13	60.65
Dividend Payout Ratio (CP) (%)	36.48	34.20	43.63	49.50	46.93
Earning Retention Ratio (%)	54.08	59.64	49.13	37.87	39.35
Cash Earning Retention Ratio (%)	63.52	65.80	56.37	50.50	53.07
Interest Coverage Ratio (X)	63.98	68.27	63.38	52.81	34.69
Interest Coverage Ratio (Post Tax) (X)	40.43	46.09	42.11	33.11	20.71
Enterprise Value (Cr.)	221092.84	244214.38	96630.29	87582.06	69368.08
EV / Net Operating Revenue (X)	1.54	1.72	0.69	0.79	0.77
EV / EBITDA (X)	3.91	4.37	2.23	3.06	3.10
MarketCap / Net Operating Revenue (X)	1.71	1.88	0.95	1.03	0.89
Retention Ratios (%)	54.07	59.63	49.12	37.86	39.34
Price / BV (X)	2.48	3.23	2.30	2.61	2.20
Price / Net Operating Revenue (X)	1.71	1.88	0.95	1.03	0.89
EarningsYield	0.14	0.13	0.21	0.15	0.15

After reviewing the key financial ratios for Coal India Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 25, the value is 57.37. This value is within the healthy range. It has decreased from 60.69 (Mar 24) to 57.37, marking a decrease of 3.32.
For Diluted EPS (Rs.), as of Mar 25, the value is 57.37. This value is within the healthy range. It has decreased from 60.69 (Mar 24) to 57.37, marking a decrease of 3.32.
For Cash EPS (Rs.), as of Mar 25, the value is 71.37. This value is within the healthy range. It has increased from 70.87 (Mar 24) to 71.37, marking an increase of 0.50.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 160.81. It has increased from 135.62 (Mar 24) to 160.81, marking an increase of 25.19.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 160.81. It has increased from 135.62 (Mar 24) to 160.81, marking an increase of 25.19.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 232.64. It has increased from 230.94 (Mar 24) to 232.64, marking an increase of 1.70.
For PBDIT / Share (Rs.), as of Mar 25, the value is 91.73. This value is within the healthy range. It has increased from 90.77 (Mar 24) to 91.73, marking an increase of 0.96.
For PBIT / Share (Rs.), as of Mar 25, the value is 76.89. This value is within the healthy range. It has decreased from 79.84 (Mar 24) to 76.89, marking a decrease of 2.95.
For PBT / Share (Rs.), as of Mar 25, the value is 75.46. This value is within the healthy range. It has decreased from 78.51 (Mar 24) to 75.46, marking a decrease of 3.05.
For Net Profit / Share (Rs.), as of Mar 25, the value is 56.53. This value is within the healthy range. It has decreased from 59.94 (Mar 24) to 56.53, marking a decrease of 3.41.
For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 57.37. This value is within the healthy range. It has decreased from 60.69 (Mar 24) to 57.37, marking a decrease of 3.32.
For PBDIT Margin (%), as of Mar 25, the value is 39.43. This value is within the healthy range. It has increased from 39.30 (Mar 24) to 39.43, marking an increase of 0.13.
For PBIT Margin (%), as of Mar 25, the value is 33.05. This value exceeds the healthy maximum of 20. It has decreased from 34.57 (Mar 24) to 33.05, marking a decrease of 1.52.
For PBT Margin (%), as of Mar 25, the value is 32.43. This value is within the healthy range. It has decreased from 33.99 (Mar 24) to 32.43, marking a decrease of 1.56.
For Net Profit Margin (%), as of Mar 25, the value is 24.30. This value exceeds the healthy maximum of 10. It has decreased from 25.95 (Mar 24) to 24.30, marking a decrease of 1.65.
For NP After MI And SOA Margin (%), as of Mar 25, the value is 24.66. This value exceeds the healthy maximum of 20. It has decreased from 26.27 (Mar 24) to 24.66, marking a decrease of 1.61.
For Return on Networth / Equity (%), as of Mar 25, the value is 35.67. This value is within the healthy range. It has decreased from 45.21 (Mar 24) to 35.67, marking a decrease of 9.54.
For Return on Capital Employeed (%), as of Mar 25, the value is 24.24. This value is within the healthy range. It has decreased from 27.89 (Mar 24) to 24.24, marking a decrease of 3.65.
For Return On Assets (%), as of Mar 25, the value is 13.58. This value is within the healthy range. It has decreased from 15.73 (Mar 24) to 13.58, marking a decrease of 2.15.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.07. This value is below the healthy minimum of 0.2. It has increased from 0.06 (Mar 24) to 0.07, marking an increase of 0.01.
For Total Debt / Equity (X), as of Mar 25, the value is 0.08. This value is within the healthy range. It has increased from 0.07 (Mar 24) to 0.08, marking an increase of 0.01.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.57. It has decreased from 0.63 (Mar 24) to 0.57, marking a decrease of 0.06.
For Current Ratio (X), as of Mar 25, the value is 1.49. This value is below the healthy minimum of 1.5. It has decreased from 1.70 (Mar 24) to 1.49, marking a decrease of 0.21.
For Quick Ratio (X), as of Mar 25, the value is 1.29. This value is within the healthy range. It has decreased from 1.53 (Mar 24) to 1.29, marking a decrease of 0.24.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 12.58. This value exceeds the healthy maximum of 8. It has increased from 1.26 (Mar 24) to 12.58, marking an increase of 11.32.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 45.92. This value is within the healthy range. It has increased from 40.36 (Mar 24) to 45.92, marking an increase of 5.56.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 36.48. This value is within the healthy range. It has increased from 34.20 (Mar 24) to 36.48, marking an increase of 2.28.
For Earning Retention Ratio (%), as of Mar 25, the value is 54.08. This value is within the healthy range. It has decreased from 59.64 (Mar 24) to 54.08, marking a decrease of 5.56.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 63.52. This value is within the healthy range. It has decreased from 65.80 (Mar 24) to 63.52, marking a decrease of 2.28.
For Interest Coverage Ratio (X), as of Mar 25, the value is 63.98. This value is within the healthy range. It has decreased from 68.27 (Mar 24) to 63.98, marking a decrease of 4.29.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 40.43. This value is within the healthy range. It has decreased from 46.09 (Mar 24) to 40.43, marking a decrease of 5.66.
For Enterprise Value (Cr.), as of Mar 25, the value is 221,092.84. It has decreased from 244,214.38 (Mar 24) to 221,092.84, marking a decrease of 23,121.54.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 1.54. This value is within the healthy range. It has decreased from 1.72 (Mar 24) to 1.54, marking a decrease of 0.18.
For EV / EBITDA (X), as of Mar 25, the value is 3.91. This value is below the healthy minimum of 5. It has decreased from 4.37 (Mar 24) to 3.91, marking a decrease of 0.46.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has decreased from 1.88 (Mar 24) to 1.71, marking a decrease of 0.17.
For Retention Ratios (%), as of Mar 25, the value is 54.07. This value is within the healthy range. It has decreased from 59.63 (Mar 24) to 54.07, marking a decrease of 5.56.
For Price / BV (X), as of Mar 25, the value is 2.48. This value is within the healthy range. It has decreased from 3.23 (Mar 24) to 2.48, marking a decrease of 0.75.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.71. This value is within the healthy range. It has decreased from 1.88 (Mar 24) to 1.71, marking a decrease of 0.17.
For EarningsYield, as of Mar 25, the value is 0.14. This value is below the healthy minimum of 5. It has increased from 0.13 (Mar 24) to 0.14, marking an increase of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Coal India Ltd as of December 3, 2025 is: 425.38

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 3, 2025, Coal India Ltd is Undervalued by 12.53% compared to the current share price 378.00

Intrinsic Value of Coal India Ltd as of December 3, 2025 is: 478.32

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 3, 2025, Coal India Ltd is Undervalued by 26.54% compared to the current share price 378.00

Last 5 Year EPS CAGR: 12.45%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 59.92%, which is a positive sign. The stock has a low average Working Capital Days of -1.92, which is a positive sign. The company has higher reserves (43,687.23 cr) compared to borrowings (4,474.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (103.31 cr) and profit (27.62 cr) over the years.	The stock has a high average Cash Conversion Cycle of 120.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Coal India Ltd:
1. Net Profit Margin: 24.3%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 24.24% (Industry Average ROCE: 19.57%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 35.67% (Industry Average ROE: 16.89%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 40.43
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.29
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 7.47 (Industry average Stock P/E: 17.6)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.08
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Coal India Ltd. is a Public Limited Listed company incorporated on 14/06/1973 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L23109WB1973GOI028844 and registration number is 028844. Currently Company is involved in the business activities of Mining of hard coal. Company's Total Operating Revenue is Rs. 1594.17 Cr. and Equity Capital is Rs. 6162.73 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Mining/Minerals	Coal Bhawan, Premises No-04 MAR, Kolkata West Bengal 700156	complianceofficer.cil@coalindia.in https://www.coalindia.in

Management
Name	Position Held
Mr. P M Prasad	Chairman & Managing Director
Dr. Vinay Ranjan	Director - Human Resources
Mr. Mukesh Choudhary	Director - Marketing
Mr. Mukesh Agrawal	Director - Finance
Mr. Achyut Ghatak	Director - Technical
CA. Kamesh Kant Acharya	Independent Director
Mr. B Rajesh Chandar	Independent Director
Mr. Punambhai Kalabhai Makwana	Independent Director
Mr. Ghanshyam Singh Rathore	Independent Director
Mrs. Mamta Palariya	Independent Director
Mr. Satyabrata Panda	Independent Director
Mrs. Rupinder Brar	Government Nominee Director
Mr. Ashish Chatterjee	Government Nominee Director

FAQ

What is the intrinsic value of Coal India Ltd?

Coal India Ltd's intrinsic value (as of 03 December 2025) is 425.38 which is 12.53% higher the current market price of 378.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 2,33,013 Cr. market cap, FY2025-2026 high/low of 426/349, reserves of ₹99,200 Cr, and liabilities of 265,618 Cr.

What is the Market Cap of Coal India Ltd?

The Market Cap of Coal India Ltd is 2,33,013 Cr..

What is the current Stock Price of Coal India Ltd as on 03 December 2025?

The current stock price of Coal India Ltd as on 03 December 2025 is 378.

What is the High / Low of Coal India Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Coal India Ltd stocks is 426/349.

What is the Stock P/E of Coal India Ltd?

The Stock P/E of Coal India Ltd is 7.47.

What is the Book Value of Coal India Ltd?

The Book Value of Coal India Ltd is 171.

What is the Dividend Yield of Coal India Ltd?

The Dividend Yield of Coal India Ltd is 7.01 %.

What is the ROCE of Coal India Ltd?

The ROCE of Coal India Ltd is 48.0 %.

What is the ROE of Coal India Ltd?

The ROE of Coal India Ltd is 38.9 %.

What is the Face Value of Coal India Ltd?

The Face Value of Coal India Ltd is 10.0.