TrueCAGR

Coal India Limited

NSE: COALINDIABSE: 533278ISIN INE522F01014Face value ₹10consolidated
₹422
−0.74% · 2026-10-01 · 52-wk ₹370–₹482
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis

What stands out?

The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.

StrengthConcernWatchContext
WatchTalking point

Debt rising as profit falls

Total debt rose 55.2% while net profit fell 12.0% — worth checking how the balance sheet is being funded.

Importance 77 / 95 · financial health

WatchTalking point

Sharp margin drop

EBITDA margin dropped 8.2 percentage points in a single year, from 39.4% to 31.2% — worth investigating.

Importance 73 / 95 · anomaly

WatchTalking point

Profit lagging revenue

Revenue grew 17.5% but profit declined 12.0%, so the company kept less of each rupee of revenue as profit.

Revenue growth+17.5%Net profit growth−12.0%

Importance 73 / 95 · growth

ConcernTalking point

Returns at a multi-year low

ROE of 28.1% is the lowest in 4 years (prior range 38.5% to 55.2%).

Importance 67 / 95 · profitability

Section 03 · The company

Who is this company?

Classified by the exchange under Energy › Oil, Gas & Consumable Fuels › Consumable Fuels › Coal.

Market cap
₹2.60 L cr
FY2026 revenue
₹1,68,400 cr
FY2026 net profit
₹31,071 cr
Net worth
₹1,21,005 cr
Total debt
₹13,821 cr
EPS (basic)
₹50.46
Listed
NSE · BSE
Reporting
Ind-ASApr–Mar

Peer set used on this page: 9 oil, gas & consumable fuels.

Section 04 · Business performance

Is the business growing?

Revenue & net profit — FY22 to FY26₹ crore · consolidated
₹'000 cr05010015020002040REVENUENET PROFIT1.10L17,378FY221.38L28,125FY231.42L37,369FY241.43L35,302FY251.68L31,071FY26
RevenueNet profit
Watch

Revenue grew 17.5% but profit declined 12.0%, so the company kept less of each rupee of revenue as profit.

Rule PROFIT_SLOWER_THAN_REVENUE

Revenue growth per year
+11.3%over 4 years
Revenue growth
+17.5%vs last year
Net profit growth
−12.0%vs last year
Change in net profit since FY22
+79%

Revenue grew 17.5% but EBITDA margin fell 8.2 percentage points to 31.2%, so the company kept less of each rupee of revenue as operating profit.

Over 4 years profit compounded at 15.6% a year while revenue compounded at 11.3% a year — though FY2023 saw a one-off step-change of 62% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.

Net profit fell 12.0% year on year (FY2025 → FY2026).

Revenue grew 17.5% year on year (FY2025 → FY2026).

Revenue has compounded at 11.3% a year over 4 years (₹1,09,714 → ₹1,68,400) — steady rather than rapid.

Section 05 · Recent activity

What changed recently?

Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.

Strength

Q1 FY27 revenue was ₹46,255 cr, up 29.1% from ₹35,842 cr in Q1 FY26 a year earlier.

Rule QTR_REVENUE_GROWTH_YOY

Concern

Q1 FY27 EBITDA margin was 30.5%, down 8.94 percentage points from 39.4% a year earlier.

Rule QTR_MARGIN_CHANGED_YOY

Watch

Q1 FY27 interest (finance cost) was ₹327 cr, up 23.5% from ₹265 cr a year earlier.

Rule QTR_INTEREST_EXPENSE_CHANGE_YOY

A. Quarterly results

Latest quarters — Q2 '25 to Q1 '27₹ crore · consolidated
₹'000 cr01325385001020REVENUENET PROFIT31k6,275Q2 '2536k8,491Q3 '2538k9,593Q4 '2536k8,734Q1 '2630k4,263Q2 '2635k7,166Q3 '2646k10,908Q4 '2646k8,850Q1 '27
RevenueNet profit
QuarterRevenueYoYNet profitYoYNet margin
Q2 FY2530,673—6,275—20.5%
Q3 FY2535,780−1.0%8,491−6.6%23.7%
Q4 FY2537,825+1.1%9,593+11.0%25.4%
Q1 FY2635,842−1.7%8,734−20.2%24.4%
Q2 FY2630,187−1.6%4,263−32.1%14.1%
Q3 FY2634,924−2.4%7,166−15.6%20.5%
Q4 FY2646,490+22.9%10,908+13.7%23.5%
Q1 FY2746,255+29.1%8,850+1.3%19.1%

B. TTM snapshot

Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters

Revenue
₹1,57,856 crTTM
EBITDA
₹52,489 crTTM
EBIT
₹42,357 crTTM
PBT
₹41,079 crTTM
Net profit
₹31,186 crTTM

C. Corporate actions

4 Sept 2026DividendFinal Dividend - Rs. - 5.2500 — ₹5.25/share
31 Jul 2026DividendInterim Dividend - Rs. - 5.5000 — ₹5.50/share
18 Feb 2026DividendInterim Dividend - Rs. - 5.5000 — ₹5.50/share
4 Nov 2025DividendInterim Dividend - Rs. - 10.2500 — ₹10.25/share
21 Aug 2025DividendFinal Dividend - Rs. - 5.1500 — ₹5.15/share
6 Aug 2025DividendInterim Dividend - Rs. - 5.5000 — ₹5.50/share
31 Jan 2025DividendInterim Dividend - Rs. - 5.6000 — ₹5.60/share
5 Nov 2024DividendInterim Dividend - Rs. - 15.7500 — ₹15.75/share
16 Aug 2024DividendFinal Dividend - Rs. - 5.0000 — ₹5.00/share
20 Feb 2024DividendInterim Dividend - Rs. - 5.2500 — ₹5.25/share
21 Nov 2023DividendInterim Dividend - Rs. - 15.2500 — ₹15.25/share
18 Aug 2023DividendFinal Dividend - Rs. - 4.0000 — ₹4.00/share
8 Feb 2023DividendInterim Dividend - Rs. - 5.2500 — ₹5.25/share
15 Nov 2022DividendInterim Dividend - Rs. - 15.0000 — ₹15.00/share
11 Aug 2022DividendFinal Dividend - Rs. - 3.0000 — ₹3.00/share
21 Feb 2022DividendInterim Dividend - Rs. - 5.0000 — ₹5.00/share
6 Dec 2021DividendInterim Dividend - Rs. - 9.0000 — ₹9.00/share
2 Sept 2021DividendFinal Dividend - Rs. - 3.5000 — ₹3.50/share
15 Mar 2021DividendInterim Dividend - Rs. - 5.0000 — ₹5.00/share
19 Nov 2020DividendInterim Dividend - Rs. - 7.5000 — ₹7.50/share
19 Mar 2020DividendInterim Dividend - Rs. - 12.0000 — ₹12.00/share
22 Mar 2019DividendInterim Dividend - Rs. - 5.8500 — ₹5.85/share
14 Feb 2019BuybackBuy Back of Shares
28 Dec 2018DividendInterim Dividend - Rs. - 7.2500 — ₹7.25/share
16 Mar 2018DividendInterim Dividend - Rs. - 16.5000 — ₹16.50/share
Section 06 · Business performance

Is it becoming more profitable?

Margins — FY22 to FY26% of revenue · consolidated
0%5%10%15%20%25%30%35%40%31.2%17.3%FY22FY23FY24FY25FY26
EBITDA marginNet margin
Concern

ROE of 28.1% is the lowest in 4 years (prior range 38.5% to 55.2%).

Rule ROE_AT_MULTI_YEAR_LOW

EBITDA margin now
31.2%
5-year range
26.1–39.4%
ROE FY2026
28.1%
ROCE FY2026
34.8%

ROCE has fallen for 3 consecutive years, from 70.8% to 34.8%.

ROE of 28.1% is well above the oil gas and consumable fuels median of 14.5%.

ROE declined from 38.5% to 28.1% year on year.

EBITDA margin has ranged from 26.1% to 39.4% over 4 years and sits at 31.2% now.

Section 07 · Financial health

Is financial health improving?

Net worth — FY22 to FY26₹ crore · consolidated
₹'000 cr06713320044kFY2258kFY2384kFY24100kFY251.21LFY26
Net worth (shareholders' funds)
Watch

Total debt rose 55.2% while net profit fell 12.0% — worth checking how the balance sheet is being funded.

Rule DEBT_UP_EARNINGS_DOWN

Operating cash flow vs net profit₹ crore · FY22–FY26
0k17k33k50k41k17kFY2236k28kFY2318k37kFY2429k35kFY2543k31kFY26
Operating cash flowNet profit
Total debt
₹13,821 cr
Operating cash flow ÷ net profit
1.39×FY2026
Free cash flow
₹31,191 cr
Current ratio
1.86×

Net worth compounded at 28.9% a year over 4 years (₹43,817 → ₹1,21,005).

Cash conversion (CFO ÷ profit) has averaged 0.90× over the last 3 profit-making years versus 1.82× before that.

Free cash flow has been positive in 5 of the last 5 years.

Section 08 · Relative position

How does it compare with peers?

Ranked against 9 oil, gas & consumable fuels (FY2026, consolidated). No peer-relative rule fired for this company.

Revenue growth

COALINDIA · 2nd of 9 · set median 4.5%

ATGL18.4%COALINDIA17.5%RELIANCE9.7%IOC4.9%BPCL4.5%HINDPETRO2.6%OIL2.4%GAIL-0.1%ONGC-0.2%

EBITDA margin

COALINDIA · 2nd of 9 · set median 17.4%

OIL33.4%COALINDIA31.2%RELIANCE19.3%ATGL19.2%ONGC17.4%GAIL9.2%IOC9.0%BPCL8.5%HINDPETRO6.9%

Return on equity

COALINDIA · 3rd of 9 · set median 14.5%

HINDPETRO30.9%BPCL28.5%COALINDIA28.1%IOC21.0%ATGL14.5%OIL12.7%ONGC12.7%RELIANCE9.1%GAIL8.7%

P/E ratio

COALINDIA · 5th of 9 · set median 8.3×

IOC5.2×ONGC6.3×BPCL7.5×OIL7.5×COALINDIA8.3×GAIL11.4×RELIANCE17.9×HINDPETRO44.1×ATGL101.4×
P / E
8.3×TTM to Jun 26
P / B
2.1×latest book
P / S
1.6×TTM sales
Earnings yield
12.0%TTM to Jun 26

On the trailing twelve months. Last full year: P/E 8.4× · P/S 1.4× · ROE 28.1%.

Section 09 · The stock

How has the stock performed?

Adjusted close — 2020-01 to 2026-10₹ per share · split / bonus adjusted
0k₹4222020202120222023202420252026

Long-term price performance is shown above.

1-year return
+8.5%
3-year return
+42.8%
5-year return
+123.4%
From 52-wk high
−12.5%
Section 10 · Technical data

What does the technical data say?

Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.

vs 50-day avg
Above₹416
vs 200-day avg
Below₹432
RSI (14)
52.2neutral
MACD histogram
0.3
From 52-wk high
−12.5%
From 52-wk low
+13.9%
30-day volatility
21.0%ann.
6-month return
−4.7%
RSI (14) · 0–10052.2 — neutral
0305070100OVERSOLDOVERBOUGHT52.2
Section 11 · Open questions

What should I investigate further?

Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.

  • Watch
    Debt rising as profit falls
    Total debt rose 55.2% while net profit fell 12.0% — worth checking how the balance sheet is being funded.
    DEBT_UP_EARNINGS_DOWN · conviction 77
  • Watch
    Sharp margin drop
    EBITDA margin dropped 8.2 percentage points in a single year, from 39.4% to 31.2% — worth investigating.
    MARGIN_SHARP_DROP · conviction 73
  • Watch
    Profit lagging revenue
    Revenue grew 17.5% but profit declined 12.0%, so the company kept less of each rupee of revenue as profit.
    PROFIT_SLOWER_THAN_REVENUE · conviction 73
  • Watch
    Growing, but less profitably
    Revenue grew 17.5% but EBITDA margin fell 8.2 percentage points to 31.2%, so the company kept less of each rupee of revenue as operating profit.
    REVENUE_UP_MARGIN_DOWN · conviction 71
  • Concern
    Returns at a multi-year low
    ROE of 28.1% is the lowest in 4 years (prior range 38.5% to 55.2%).
    ROE_AT_MULTI_YEAR_LOW · conviction 67
  • Watch
    Cash conversion trending down
    Cash conversion (CFO ÷ profit) has averaged 0.90× over the last 3 profit-making years versus 1.82× before that.
    CASH_CONVERSION_DETERIORATING · conviction 61
  • Concern
    Capital efficiency slipping
    ROCE has fallen for 3 consecutive years, from 70.8% to 34.8%.
    ROCE_DECLINING_STREAK · conviction 59
  • Concern
    Returns declining
    ROE declined from 38.5% to 28.1% year on year.
    ROE_DETERIORATED_YOY · conviction 54
  • Concern
    Profit fell
    Net profit fell 12.0% year on year (FY2025 → FY2026).
    PROFIT_DECLINED_YOY · conviction 42
Data coverage is complete — 5 years of financials (FY2022–FY2026), full P&L, balance sheet and cash-flow statement, sector metrics fully mapped.
Section 12 · Reference

The numbers

The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.

Income & balance sheet — ₹ crore, consolidated
MetricFY22FY23FY24FY25FY26
Revenue1,09,7141,38,2521,42,3241,43,3691,68,400
Total income1,13,6181,44,8031,50,2931,52,8391,79,676
EBITDA28,59543,36955,94156,53352,518
Profit before tax23,62538,00948,38646,50441,165
Net profit17,37828,12537,36935,30231,071
EPS (₹)28.245.760.757.450.5
Net worth43,81758,01683,58299,9511,21,005
Total debt3,3104,1156,2898,90813,821
Operating cash flow41,08835,68618,10329,20043,215
Free cash flow29,09221,5841,79516,39631,191
Key ratios — consolidated
RatioFY22FY23FY24FY25FY26
Growth
Revenue growth YoY—26.02.90.717.5
Profit growth YoY—61.832.9-5.5-12.0
Profitability
EBITDA margin %26.131.439.339.431.2
Net margin %15.319.424.923.117.3
Return on equity %39.755.252.838.528.1
Return on capital %51.370.864.747.734.8
Leverage & cash
Debt to equity0.080.070.080.090.11
Cash flow ÷ profit2.361.270.480.831.39
Current ratio1.621.571.701.491.86
Financials: BSE Integrated Filing inline XBRL (SEBI taxonomy), normalised to standard metric keys. Prices: NSE end-of-day, raw OHLC preserved; a corporate-action factor produces the adjusted series. The insight engine writes factual observations from fixed rules — it does not make recommendations. Not investment advice.