More about Coal India Limited
Fundamentals for Coal India Limited
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Fundamentals for Coal India Limited
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Business Operations:
Sector: EnergyIndustry: Thermal Coal
Coal India Limited, together with its subsidiaries, engages in the production and marketing of coal and coal products in India. The company offers coking coal for use in steel making and metallurgical industries, and for hard coke manufacturing; and semi coking coal that is used as blend-able coal in steel making, merchant coke manufacturing, and other metallurgical industries. It also provides non-coking coal that is used as thermal grade coal for power generation, as well as for cement, fertilizer, glass, ceramic, paper, chemical, and brick manufacturing, and other heating purposes. In addition, the company offers washed and beneficiated non-coking coal for use in power generation; beneficiated non-coking coal for use in cement, sponge iron, and other industrial plants; and middling products for power generation and by domestic fuel plants, brick manufacturing units, cement plants, industrial plants, etc. Further, it provides rejects that are used for fluidized bed combustion boilers for power generation, road repairs, briquette making, land filling, etc.; CIL/LTC coke used in furnaces and kilns of industrial units, as well as used as domestic fuel by halwais, hotels, etc.; coal/coke fines used in industrial furnaces, as well as for domestic purposes; and tar, heavy oil, light oil, and soft pitch used in furnaces and boilers of industrial plants, as well as power houses, oil, dye, pharmaceutical industries, etc. The company was incorporated in 1973 and is headquartered in Kolkata, India.
Revenue projections:
Coal India Limited's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.
Financial Ratios:
| currentRatio | 1.856000 |
|---|---|
| forwardPE | 8.011372 |
| debtToEquity | 11.629000 |
| earningsGrowth | 0.129000 |
| revenueGrowth | 0.162000 |
| grossMargins | 0.759260 |
| operatingMargins | 0.209220 |
| trailingEps | 50.470000 |
| forwardEps | 57.187460 |
With a current ratio of 1.856, Coal India Limited has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that Coal India Limited is in a strong position to meet its immediate financial obligations without difficulty.
COALINDIA's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests COALINDIA maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns.
With positive growth in both earnings and revenue, COALINDIA is expected to grow its business. These indicators highlight a strong financial outlook, with the company on track for continued expansion and increasing profitability.
Coal India Limited's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
COALINDIA's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that COALINDIA's financial performance will improve in the current financial year.
Price projections:
Coal India Limited's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Recommendation changes over time:
Analysts have shown a buy bias for Coal India Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Coal India Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
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