Announcement • Jul 22
Coal India Limited, Annual General Meeting, Aug 31, 2026 Coal India Limited, Annual General Meeting, Aug 31, 2026, at 11:00 Indian Standard Time. Announcement • Jul 15
Coal India Limited to Report Q1, 2027 Results on Jul 27, 2026 Coal India Limited announced that they will report Q1, 2027 results on Jul 27, 2026 Reported Earnings • Apr 29
Full year 2026 earnings: EPS and revenues exceed analyst expectations Full year 2026 results: EPS: ₹50.46 (down from ₹57.37 in FY 2025). Revenue: ₹1.68t (up 27% from FY 2025). Net income: ₹310.9b (down 12% from FY 2025). Profit margin: 19% (down from 27% in FY 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 29%. Earnings per share (EPS) also surpassed analyst estimates by 4.8%. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 29
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 18% Last year net profit margin: 27% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (18% net profit margin). Announcement • Apr 13
Coal India Limited to Report Q4, 2026 Results on Apr 27, 2026 Coal India Limited announced that they will report Q4, 2026 results on Apr 27, 2026 Buy Or Sell Opportunity • Mar 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to ₹468. The fair value is estimated to be ₹386, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.7%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 14% in the next 2 years. Reported Earnings • Feb 13
Third quarter 2026 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2026 results: EPS: ₹11.61 (down from ₹13.80 in 3Q 2025). Revenue: ₹373.2b (up 15% from 3Q 2025). Net income: ₹71.6b (down 16% from 3Q 2025). Profit margin: 19% (down from 26% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 30
Coal India Limited to Report Q3, 2026 Results on Feb 12, 2026 Coal India Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Buy Or Sell Opportunity • Jan 29
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to ₹456. The fair value is estimated to be ₹377, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.5%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 7.5% in the next 2 years. Declared Dividend • Oct 31
Second quarter dividend of ₹10.25 announced Shareholders will receive a dividend of ₹10.25. Ex-date: 4th November 2025 Payment date: 28th November 2025 Dividend yield will be 6.8%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by both earnings (21% earnings payout ratio) and cash flows (77% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 30
Second quarter 2026 earnings: EPS misses analyst expectations Second quarter 2026 results: EPS: ₹7.07 (down from ₹10.21 in 2Q 2025). Revenue: ₹323.3b (up 19% from 2Q 2025). Net income: ₹43.5b (down 31% from 2Q 2025). Profit margin: 14% (down from 23% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 28%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 09
Coal India Limited to Report Q2, 2026 Results on Oct 29, 2025 Coal India Limited announced that they will report Q2, 2026 results on Oct 29, 2025 Announcement • Aug 29
Coal India Limited Approves Final Dividend for the Financial Year 2024-25 Coal India Limited approved to confirm 1st and 2nd Interim dividend paid @ INR 15.75/- per share (157.50%) and INR 5.60/- per share (56.00%) respectively on equity shares for the financial year 2024-25 and to declare the final dividend @ INR 5.15/-per share (51.50%) on equity shares for the financial year 2024-25. Announcement • Aug 04
Coal India Limited, Annual General Meeting, Aug 28, 2025 Coal India Limited, Annual General Meeting, Aug 28, 2025, at 11:00 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2026 earnings: EPS and revenues exceed analyst expectations First quarter 2026 results: EPS: ₹14.19 (down from ₹17.78 in 1Q 2025). Revenue: ₹374.6b (up 13% from 1Q 2025). Net income: ₹87.4b (down 20% from 1Q 2025). Profit margin: 23% (down from 33% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 4.5%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 15
Coal India Limited to Report Q1, 2026 Results on Jul 31, 2025 Coal India Limited announced that they will report Q1, 2026 results on Jul 31, 2025 Buy Or Sell Opportunity • Jul 10
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.0% to ₹384. The fair value is estimated to be ₹482, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.7% over the last 3 years. Earnings per share has grown by 18%. For the next 3 years, revenue is forecast to grow by 9.8% per annum. Earnings are also forecast to grow by 2.2% per annum over the same time period. Reported Earnings • May 10
Full year 2025 earnings: EPS and revenues exceed analyst expectations Full year 2025 results: EPS: ₹57.37 (down from ₹60.69 in FY 2024). Revenue: ₹1.27t (down 6.1% from FY 2024). Net income: ₹353.6b (down 5.5% from FY 2024). Profit margin: 28% (in line with FY 2024). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
Coal India Limited to Report Q4, 2025 Results on May 07, 2025 Coal India Limited announced that they will report Q4, 2025 results on May 07, 2025 Announcement • Mar 28
Coal India Limited Announces Appointment of Board Members, Effective 28 March 2025 Coal India Limited announced appointment of the following as non-official Independent Director on the Board of the company for a period of one year with effect from 28 March 2025 or until further orders: Shri Bhojarajan Rajesh Chander; Shri Punambhai Kalabhai Makwana; Shri Kamesh Kant Acharya; Smt. Mamta Palariya. Reported Earnings • Jan 28
Third quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2025 results: EPS: ₹13.80 (down from ₹14.72 in 3Q 2024). Revenue: ₹379.2b (up 15% from 3Q 2024). Net income: ₹85.1b (down 6.2% from 3Q 2024). Profit margin: 22% (down from 28% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jan 25
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 7 new directors. 4 experienced directors. No highly experienced directors. 1 independent director (8 non-independent directors). Permanent Invitee Jaya Sinha is the most experienced director on the board, commencing their role in 2021. Non-Official Independent Director Ghanshyam Rathore was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Announcement • Jan 24
Coal India Limited Appoints Achyut Ghatak as Director (Technical) on the Board Coal India Limited has appointed Shri Achyut Ghatak as Director (Technical) on the Board of Coal India Limited (CIL) effective Jan. 23, 2025, the date of his assumption of charge of the post till the date of his superannuation i.e. Mar. 31, 2028 or until further orders, whichever is the earlier. Shri. Achyut Ghatak, Director(Tech) obtained his Degree in Mining Engineering in 1989 from Govt College of Engineering & Tech, Raipur & obtained his first class Mine Managers Certificate of Competency in 1993. He started his career as a Junior Executive Trainee in 1989 at Western Coalfields Limited, a wholly owned subsidiary of CIL and served there for 19 long years mostly in mechanized underground mines. After Aug, 2008, he served at CIL HQ Kolkata in the important departments of Project Monitoring & Corporate Planning. Shri. Ghatak played a key role in following areas: Use of MS-Project for first time in CIL for monitoring & implementation of coal mining projects; Preparing the roadmap for 1 Bt plan of CIL; Formulating & Implementing the underground vision plan of CIL. Formulation of vision 2047 of CIL & assisting preparation of MoC's vision 2047 document. Instrumental in starting NaCCER Phase I, the new R&D Center at CMPDIL. Key Person in formulation of CMPDIL @ 2047 In his official capacity, he has visited various countries and has vast experience in underground mining and operational planning which shall greatly benefit CIL. Prior to joining CIL as Director (Technical), Shri. Ghatak was working as Director (RD&T) in CMPDI. Announcement • Jan 15
Coal India Limited to Report Q3, 2025 Results on Jan 27, 2025 Coal India Limited announced that they will report Q3, 2025 results on Jan 27, 2025 Announcement • Jan 03
Coal India Limited Announces Cessation of M Nagaraju as Director Coal India Limited announced cessation of Shri M Nagaraju as director w.e.f 1 January 2025. Announcement • Jan 02
Coal India Limited Appoints Rupinder Brar as Part Time Official Director on the Board Coal India Limited announced appointment of Ms. Rupinder Brar, Additional Secretary, MOC as Part time Official Director on the Board of Coal India Limited (CIL) with immediate effect and until further order. Date of appointment is 1 January 2025. Term of appointment is with effect from 1 January 2025 and until further order. Ms Rupinder Brar is a 1990 batch officer of Indian Revenue Service (IRS). She holds a Masters degree in Public Administration from the Lee Kuan Yew School of Public Policy, National University Singapore and is an alumnus of the Hindu College, Delhi. Ms Brar has also completed her Law Degree from Mumbai University. Prior to her appointment in the Ministry of Coal (MoC), she has served as Chief Commissioner of Income Tax in Mumbai and Delhi. As Commissioner of Income Tax she has worked in Mumbai, handling Large Corporate Tax Assessments including issues of Cross Border Taxation. She has been Member of the Dispute Resolution Panel looking in to Transfer Pricing and International Tax issues. She has also served in Ministry of Tourism as ADG Tourism from July 2019 to June 2022 and was the nominated Government director on the Board of Indian Tourism Development Corporation Limited (ITDC) and its subsidiary Delhi Tourism and Transportation Development Corporation Limited from October 2019 to June 2022. Currently she is also the Nominated Authority for the Ministry of Coal, handling the Coal Block auctions. She holds directorship in Central Coalfields Limited as a Govt. nominee director. Announcement • Jan 01
Coal India Limited Announces Shri Sudhir Agarwal Relinquishes as Executive Director Coal India Limited announced Shri Sudhir Agrawal, on attaining the age of superannuation, relinquished the charge as Executive Director (Engineering and Equipment) of Coal India Limited with effect from January 01, 2025. This disclosure is pursuant to Regulation 30 of the SEBI (LODR) Regulations 2015 and SEBI (Prohibition of Insider Trading) Regulations 2015. Announcement • Dec 02
Coal India Limited Announces Additional Charge of the Post of Director (Technical), CIL to PM Prasad Coal India Limited has conveyed the approval of Competent Authority for extension of the additional charge of the post of Director (Technical), CIL to Shri PM Prasad, CMD, CIL for a further period of three (03) months with effect from December 01, 2024 or till the appointment of a regular incumbent or until further orders, whichever is the earliest. Upcoming Dividend • Oct 29
Upcoming dividend of ₹15.75 per share Eligible shareholders must have bought the stock before 05 November 2024. Payment date: 24 November 2024. Payout ratio is a comfortable 44% but the company is paying out more than the cash it is generating. Trailing yield: 5.8%. Within top quartile of Indian dividend payers (1.1%). Higher than average of industry peers (2.6%). Reported Earnings • Oct 26
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: ₹10.21 (down from ₹11.03 in 2Q 2024). Revenue: ₹321.8b (up 7.3% from 2Q 2024). Net income: ₹62.9b (down 7.5% from 2Q 2024). Profit margin: 20% (down from 23% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.4%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
Coal India Limited Declares First Interim Dividend for the Financial Year 2024-25, Payable on 24 November 2024 Coal India Limited at its board meeting held on October 25, 2024, has inter alia, declared Interim Dividend for the financial year 2024-25 at the rate of INR 15.75 per share on the face value of INR 10/- as recommended by the Audit Committee of CIL at its meeting held on date. The company has fixed 5th November 24 as the "Record Date" for the purpose of declaration of 1 Interim Dividend on equity shares for the Financial year 2024-25. The date of payment of "1 Interim Dividend" for Fiscal Year 2024-25 shall be by 24 Nov' 2024. Announcement • Oct 23
Coal India Limited Announces Resignation of Arun Kumar Oraon as an Independent Director and Member of Nomination & Remuneration Committee and Risk Management Committee Coal India Limited informed that Dr. Arun Kumar Oraon has tendered his resignation as an Independent Director of the Company with effect from close of business hours on 23 October 2024, citing personal reasons. Consequently, he also ceased to be a member of Nomination & Remuneration Committee and Risk Management Committee of the Company. Announcement • Oct 14
Coal India Limited to Report Q2, 2025 Results on Oct 25, 2024 Coal India Limited announced that they will report Q2, 2025 results on Oct 25, 2024 Price Target Changed • Aug 07
Price target increased by 7.6% to ₹529 Up from ₹492, the current price target is an average from 24 analysts. New target price is approximately in line with last closing price of ₹532. Stock is up 127% over the past year. The company is forecast to post earnings per share of ₹58.45 for next year compared to ₹60.69 last year. Announcement • Aug 03
Adani Reportedly Tops KSK Mahanadi Bidder List Adani Power Limited (NSEI:ADANIPOWER) has offered the highest bid of INR 270,000 million for (KSK Mahanadi Power Company Limited) KSK Mahanadi Power’s 1,800-megawatt plant that’s undergoing insolvency proceedings, people with knowledge of the matter told ET. The Adani offer already ensures a 92% recovery for the lenders. Banks had received a total of 10 financial bids for the thermal power company by August 1, 2024 evening. Other bidders include Capri Global Holdings Private Limited, Coal India Limited (NSEI:COALINDIA), NTPC Limited (NSEI:NTPC), Vedanta Limited (NSEI:VEDL), JSW Energy Limited (BSE:533148), Naveen Jindal-owned Jindal Steel & Power Limited (NSEI:JINDALSTEL), iLab India Special Fund, Rashmi Metaliks Limited and Sherisha Technologies Private Limited, said the people cited above. Declared Dividend • Jul 31
Dividend increased to ₹5.00 Dividend of ₹5.00 is 25% higher than last year. Ex-date: 16th August 2024 Payment date: 20th September 2024 Dividend yield will be 4.9%, which is higher than the industry average of 1.8%. Sustainability & Growth Dividend is covered by earnings (42% earnings payout ratio) but not covered by cash flows (dividend approximately 12x free cash flows). The dividend has increased by an average of 6.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 2.9% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jul 29
Coal India Limited, Annual General Meeting, Aug 21, 2024 Coal India Limited, Annual General Meeting, Aug 21, 2024, at 11:00 Indian Standard Time. Reported Earnings • Jul 29
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹60.69 (up from ₹51.54 in FY 2023). Revenue: ₹1.35t (up 2.4% from FY 2023). Net income: ₹374.0b (up 18% from FY 2023). Profit margin: 28% (up from 24% in FY 2023). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 27
Coal India Limited to Report Q4, 2025 Results on May 30, 2025 Coal India Limited announced that they will report Q4, 2025 results on May 30, 2025 Announcement • Jul 25
Coal India Limited to Report Q1, 2025 Results on Jul 31, 2024 Coal India Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Buy Or Sell Opportunity • Jul 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to ₹512. The fair value is estimated to be ₹423, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 33%. For the next 3 years, revenue is forecast to grow by 9.7% per annum. Earnings are also forecast to grow by 0.3% per annum over the same time period. Reported Earnings • May 02
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: ₹60.69 (up from ₹45.70 in FY 2023). Revenue: ₹1.50t (up 8.7% from FY 2023). Net income: ₹374.0b (up 33% from FY 2023). Profit margin: 25% (up from 20% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 21%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 5.8% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 19
Coal India Limited to Report Q4, 2024 Final Results on May 02, 2024 Coal India Limited announced that they will report Q4, 2024 final results on May 02, 2024 Upcoming Dividend • Feb 16
Upcoming dividend of ₹5.25 per share Eligible shareholders must have bought the stock before 23 February 2024. Payment date: 13 March 2024. Payout ratio is a comfortable 51% but the company is paying out more than the cash it is generating. Trailing yield: 5.1%. Within top quartile of Indian dividend payers (1.2%). Higher than average of industry peers (1.7%). Price Target Changed • Feb 14
Price target increased by 9.6% to ₹406 Up from ₹370, the current price target is an average from 20 analysts. New target price is 10% below last closing price of ₹452. Stock is up 113% over the past year. The company is forecast to post earnings per share of ₹50.37 for next year compared to ₹45.70 last year. Announcement • Feb 13
Coal India Limited Appoints Mukesh Agrawal as the CFO Coal India Limited at its board meeting held on Feb. 12, 2024, has appointed Shri Mukesh Agrawal, Director (Finance) as the CFO (CIL) vice Shri S.K Mehta, ED (Finance) effective Feb. 13, 2024. Shri Mukesh Agrawal is a Science Graduate from University of Allahabad and a Member of the Institute of Cost Accountants of India. He served as Executive Director in NLC India Limited, a Navratna Company, prior to joining Coal India Limited as Director (Finance). With an impressive track record spanning over three decades both in private and public sector such as ITI Limited, IRCON International Ltd, NLC India Limited etc, this seasoned professional boasts extensive post qualification experience in the dynamic landscape of the infrastructure sector. His expertise encompasses a diverse range of industries, including rubber, spinning, telecommunication, construction, power, lignite, and coal. Within the Finance domain, he has exhibited proficiency across multiple dimensions, such as Accounts, Treasury, Taxation, Costing, Budgeting, Inventory Management, Debtors & Fund Management, Digitization, Policy Formulation, System Improvement, IFC, etc. Notably, he has held the prestigious position of Chief Financial Officer (CFO) at NUPPL, a prominent subsidiary of NLC India Limited. He has made remarkable contribution in the areas of lignite, power pricing and Regulatory affairs. His wealth of knowledge and leadership in financial matters has significantly contributed to the success of organizations in the ever-evolving infrastructure sector. Reported Earnings • Feb 13
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: ₹14.72 (up from ₹12.58 in 3Q 2023). Revenue: ₹383.6b (up 18% from 3Q 2023). Net income: ₹90.7b (up 17% from 3Q 2023). Profit margin: 24% (in line with 3Q 2023). Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 23%. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 12
Coal India Limited Declares Second Interim Dividend for the Financial Year 2023-24, Payable on March 12, 2024 Coal India Limited announced that the Board of Directors at its meeting held on date has inter alia, declared second Interim Dividend for the financial year 2023-24 @ INR 5.25 per equity share on the face value of INR 10 as recommended by the Audit Committee of CIL at its meeting held on date. As already intimated to stock Exchanges vide letter no CIL:XI(D):4157/4156:2024 dated January 29, 2024, the company has fixed 20th February 2024 as the "Record Date" for the purpose of declaration of second Interim Dividend on equity shares for the Financial year 2023-24. The date of payment of second Interim Dividend" for Fiscal Year 2023-24 shall be by 12th March 2024. Announcement • Feb 08
Coal India Limited Appoints Shri Mukesh Agrawal as Director (Finance) on the Board Coal India Limited announced the appointment of Shri Mukesh Agrawal as Director (Finance) on the Board for a period of 5 years. Date of Appointment is February 8, 2024. Shri Mukesh Agrawal is a Science Graduate from Universityof Allahabad and a Member of the Institute of Cost Accountants of India. He served as Executive Director in NLC India Limited, a Navratna Company, prior to joining Coal India Limited as Director (Finance). With an impressive track record spanning over three decades both in private and public sector such as ITI Limited, IRCON International Ltd, NLC India Limited etc, this seasoned professional boasts extensive post qualification experience in the dynamic landscape of the infrastructure sector. His expertise encompasses a diverse range of industries, including rubber, spinning, telecommunication, construction, power, lignite, and coal. Within the Finance domain, he has exhibited proficiency across multiple dimensions, such as Accounts, Treasury, Taxation, Costing, Budgeting, Inventory Management, Debtors & Fund Management, Digitization, Policy Formulation, System Improvement, IFC, etc. Notably, he has held the prestigious position of Chief Financial Officer (CFO) at NUPPL, a prominent subsidiary of NLC India Limited. He has made remarkable contribution in the areas of lignite, power pricing and Regulatory affairs. His wealth of knowledge and leadership in financial matters has significantly contributed to the success of organizations. Announcement • Jan 29
Coal India Limited to Report Q3, 2024 Results on Feb 12, 2024 Coal India Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Reported Earnings • Nov 15
Second quarter 2024 earnings: Revenues and EPS in line with analyst expectations Second quarter 2024 results: EPS: ₹11.03 (up from ₹9.81 in 2Q 2023). Revenue: ₹299.8b (up 8.9% from 2Q 2023). Net income: ₹68.0b (up 13% from 2Q 2023). Profit margin: 23% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 14
Upcoming dividend of ₹15.25 per share at 6.9% yield Eligible shareholders must have bought the stock before 21 November 2023. Payment date: 10 December 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of Indian dividend payers (1.3%). Higher than average of industry peers (2.1%). Announcement • Nov 11
Coal India Limited Approves Payment of First Interim Dividend for the Financial Year 2023-24, Payable on December 9, 2023 The Board of Directors of Coal India Limited at its meeting held on November 10, 2023 declared 1st Interim Dividend for the financial year 2023-24 @ INR 15.25 per share on the face value of INR 10 as recommended by the Audit Committee of CIL at its meeting held on date. As already intimated to stock Exchanges vide letter no CIL:XI(D):4157/4156:2023 dated 18.10.2023, the company has fixed 21st November 2023 as the "Record Date" for the purpose of declaration of 1st Interim Dividend on equity shares for the Financial year 2023-24. The date of payment of 1st Interim Dividend for Fiscal Year 2023-24 shall be by 9th December 2023. Announcement • Oct 19
Coal India Limited to Report Q2, 2024 Results on Nov 10, 2023 Coal India Limited announced that they will report Q2, 2024 results on Nov 10, 2023 Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹282, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 6x in the Oil and Gas industry in India. Total returns to shareholders of 212% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹228 per share. Announcement • Aug 26
Coal India Limited Declares Final Dividend for the Financial Year 2023 Coal India Limited confirmed the first and second interim dividend paid @ INR 15 per share (150%) and INR 5.25 per share (52.50) respectively on equity shares for the financial year 2022-23 and to declared final dividend @ INR 4 per share (40%) on equity shares for the financial year 2022-23, at the AGM held on August 23, 2023. Upcoming Dividend • Aug 11
Upcoming dividend of ₹4.00 per share at 10% yield Eligible shareholders must have bought the stock before 18 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 10%. Within top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (2.0%). Reported Earnings • Aug 02
Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2023 results: EPS: ₹45.70 (up from ₹28.17 in FY 2022). Revenue: ₹1.38t (up 26% from FY 2022). Net income: ₹281.7b (up 62% from FY 2022). Profit margin: 20% (up from 16% in FY 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) missed analyst estimates by 4.1%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Aug 01
Coal India Limited, Annual General Meeting, Aug 23, 2023 Coal India Limited, Annual General Meeting, Aug 23, 2023, at 11:00 Indian Standard Time. Agenda: To consider the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2023 including the Audited Balance Sheet as on March 31, 2023 and the Statement of Profit & Loss for the year ended on that date and the Reports of the Board of Directors, Statutory Auditor and Comptroller and Auditor General of India thereon; to consider the Consolidated Audited Financial Statements of the Company for the financial year ended March 31, 2023 including the Audited Balance Sheet as on March 31, 2023 and the Statement of Profit & Loss for the year ended on that date and the Reports of Statutory Auditor and Comptroller and Auditor General of India thereon; to consider directorate reelections; and to consider other matters. Announcement • Jul 29
Coal India Limited to Report Q1, 2024 Results on Aug 08, 2023 Coal India Limited announced that they will report Q1, 2024 results on Aug 08, 2023 Announcement • Jul 03
Coal India Limited Announces Relinquishment and Appointment of Chairman-Cum-Managing Director Coal India Limited announced that Shri Pramod Agrawal on attaining superannuation relinquished charge as Chairman- cum-Managing Director (CMD) of Coal India Limited with effect from 30th June 2023(AN). The company also announced Shri P M Prasad has assumed the charge of Chairman-cum- Managing Director of Coal India Limited from 1st July 2023 (F/N). Shri PM Prasad, has assumed the charge of Chairman- cum Managing Director of Coal India Limited on 1st July 2023. Prior to this he was holding charge of Chairman- cum-Managing Director (CMD) of Central Coalfields Limited (CCL) from 01/09/2020. Shri Prasad has put up 38 years of experience in the varied facets of operations and management.Shri Prasad is a mining engineer from Osmania University. He did M.Tech in `Open-Cast Mining' from Indian School of Mines (IIT- ISM), Dhanbad. In 1988 he acquired first class mines manager certificate from DGMS. He also obtained degree in law from Nagpur university in 1997. Shri Prasad began his career as an executive trainee with Western Coalfields Limited (WCL), a subsidiary of Coal India Limited (CIL) in 1984. He exhibited dedication, hard work, sincerity and dynamic leadership as he progressed through different roles in the company and became General Manager of Lingaraj area in Mahanadi Coalfields Limited (MCL). In 1994-95, he was instrumental in reopening of DRC mines which was affected by the underground fire during his posting in WCL. For this remarkable job, he was awarded as `Best Mines Manager' from Secretary Coal, Ministry of Coal (MoC) and Chairman, Coal India Limited in 1995. During his successful stint as General manager at MCL, he was responsible for successful opening and operations of `Kaniha Open cast Project' from March, 2010. He is also credited for diversion of nallah at Hingula Opencast Area to unlock coal reserve of 26.00 MT in the year 2014-15 and commencement of New Railway Siding No. 9 at Talcher Coalfields. He has a special penchant for safety and the projects with which he was associated have won various prizes at different competitions including hat-trick for two projects i.e. Padmapur Opencast, WCL between 1996 and 1998 and Nandira UG Mine, MCL between 2004 and 2006. In May,2015 he joined NTPC as Executive Director (Coal mining).He was acknowledged for expediting the process of award of MDO projects and awarded Pakribarwadih coal block (NTPC's first project) and floated NITs for remaining coal blocks. In March 2016, he took charge as Executive Director cum Head of the Project, Hazaribagh, Jharkhand. During his tenure, he led the commencement of coal mining operations at Pakribarwadih mines, Hazaribagh. During his term in 2016 Pakribarwadih was bestowed with the first prize in `Swarn Shakti Awards'. In February, 2018 he joined Northern Coalfields Limited (NCL) as Director Technical (P&P). Under his leadership, NCL was awarded at the World Environmental Conference in June 2018 for outstanding work in environment conservation. He took over the charge of CMD, Bharat Coking Coal Limited (BCCL) in August 2019. Amid the challenging conditions, he led from the front with commitment, vigor, and dedication. He spearheaded the company's fight against the COVID-19 pandemic and was instrumental in various initiatives to transform the overall performance of the company. Shri Prasad is renowned for his interpersonal skills and is a firm believer in teamwork and possesses excellent technical expertise. Under his guidance the company is poised to attain new milestones and scale further heights of success. Announcement • May 09
Coal India Limited Recommends Final Dividend for the Financial Year 2023 Coal India Limited recommends final dividend for the financial year 2023 at INR 4.00 per share of the face value of INR 10.00 subject To Approve the Members at the upcoming Annual General Meeting. Reported Earnings • May 08
Full year 2023 earnings released: EPS: ₹45.70 (vs ₹28.17 in FY 2022) Full year 2023 results: EPS: ₹45.70 (up from ₹28.17 in FY 2022). Revenue: ₹1.45t (up 38% from FY 2022). Net income: ₹281.7b (up 62% from FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 4.7%. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • May 05
Coal India Limited Appoints Debasish Nanda as Director Coal India Limited has communicated the entrustment of the additional charge of the post of Director (Finance), CIL to Shri Debasish Nanda, Director (Business Development), CIL for a period of six months with effect from 02 May 2023 or untill the appointment of a regular incumbent or until further orders, whichever is earliest. Shri Debasish Nanda has assumed the additional charge of the post of Director (Finance), CIL with effect from 03 May 2023. Announcement • Feb 01
Coal India Limited Announces Second Interim Dividend for the Financial Year 2022-23, Payable March 02, 2023 The Board of Directors of Coal India Limited at its meeting held on January 31, 2023 inter alia, declared 2nd Interim Dividend for the financial year 2022-23 @ INR 5.25 per share of the face value of INR 10/- as recommended by the Audit Committee of CIL at its meeting held on date. As already intimated to stock Exchanges vide letter no CIL:XI(D):4157/4156:2022 dated January 18, 2023, the company has fixed, 8th Feb' 2023 as the "Record Date" for the purpose of declaration of 2nd Interim Dividend on equity shares for the Financial year 2022-23. The date of payment of "2nd Interim Dividend" shall be within 2nd March'23. Reported Earnings • Feb 01
Third quarter 2023 earnings: Revenues exceed analyst expectations Third quarter 2023 results: Revenue: ₹324.3b (up 25% from 3Q 2022). Net income: ₹77.2b (up 69% from 3Q 2022). Profit margin: 24% (up from 18% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.7%. Revenue is forecast to stay flat during the next 3 years compared to a 4.0% growth forecast for the Oil and Gas industry in India. Announcement • Jan 19
Coal India Limited to Report Q3, 2023 Results on Jan 31, 2023 Coal India Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Announcement • Dec 31
Coal India Limited Announces Additional Charge of the Post of Director (Finance), CIL to Dr. B. Veera Reddy Coal India Limited announced the additional charge of the post of Director (Finance), CIL to Dr. B. Veera Reddy, Director (Technical), CIL on the Board of Coal India Limited (CIL) for a period of six months with effect from 29th December 2022 or till the appointment of a regular incumbent or until further orders, whichever is earliest. He has assumed the additional charge of Director (Finance), CIL on 29th December 2022. Announcement • Dec 26
Coal India Limited Appoints Mukesh Choudhary as Director (Marketing) Coal India Limited has appointed Shri Mukesh Choudhary as Director (Marketing) on the Board of Coal India Limited (CIL) for a period of 5 years with effect from the date of his assumption of charge of the post or until further orders whichever is earlier. He has assumed the charge on 23rd December 2022. Prior to taking up the reins of CIL marketing division's top slot, he was Deputy Director General, Department of Defense Production, Ministry of Defense. Mr. Choudhary assumed the charge from Dr. B. Veera Reddy, Director (Technical) CIL who was additionally officiating as Director (Marketing) since May of this year. An Officer of Indian Ordnance Factory Services (IOFS) 1996 batch, Mr. Choudhary is a Mechanical Engineering (Honours) graduate from Engineering College Kota. He also holds a Master of Financial Analysis (MFA) degree and a MBA degree. Importantly for CIL, Mr. Choudhary is well versed in the finer nuances of country's coal demand supply chain and of CIL's marketing system on the back of his six and half year exposure as Director (Coal Production and Despatch) in the Ministry of Coal where his functions included monitoring coal supplies, transport logistics and marketing policies. He also served on the boards of three government owned coal companies MCL, SECL, NLTPL, NCL, SCCL and CMDPI. Board of Directors of Coal India Limited as on December 25, 2022. Shri Pramod Agrawal, Chairman cum Managing Director & Director (Finance) Addl Charge; Shri Vinod Kumar Tiwari, Addl. Secretary (Ministry of Coal), GOI Nominee Director; Smt. Nirupama Kotru, JS &FA (Ministry of Coal), GOI Nominee Director; Shri Vinay Ranjan, Director (Personnel & Industrial Relations); Dr. B Veera Reddy, Director (Technical); Shri Debasish Nanda, Director (Business Development), Shri Denesh Singh, Independent Director; Shri G. Nageswara Rao, Independent Director, Shri B. Rajeshchandar, Independent Director; Shri Makwana Poonambhai Kalabhai, Independent Director; Shri Kamesh Kant Acharya, Independent Director; Dr. Arun Kumar Oraon, Independent Director; Shri Mukesh Choudhary, Director (Marketing). Board Change • Nov 16
High number of new and inexperienced directors There are 11 new directors who have joined the board in the last 3 years. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. Government Nominee Director Vinod Tiwari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Nov 09
Second quarter 2023 earnings: EPS misses analyst expectations Second quarter 2023 results: EPS: ₹9.81 (up from ₹4.77 in 2Q 2022). Revenue: ₹275.4b (up 29% from 2Q 2022). Net income: ₹60.4b (up 106% from 2Q 2022). Profit margin: 22% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%. Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Oil and Gas industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year. Announcement • Nov 08
Coal India Limited Approves Payment of First Interim Dividend for the Financial Year 2022-23, Payable on December 6, 2022 The Board of Directors of Coal India Limited at its meeting held on November 7, 2022 has inter alia, declared 1st Interim Dividend for the financial year 2022-23 at the rate of INR 15.00 per share of the face value of INR 10 as recommended by the Audit Committee of CIL at its meeting held on date. As already intimated to stock Exchanges vide letter no CIL:XI(D):4157/4156:2022 dated October 26, 2022, the company has fixed 16 November 2022 as the Record Date for the purpose of declaration of 1st Interim Dividend on equity shares for the Financial year 2022-23. The date of payment/despatch of 1st Interim Dividend shall be by 6 December 2022. Announcement • Nov 02
Coal India Limited Announces Extension of Tenure of Dr. B. Veera Reddy, Director (Technical), CIL, Holding Additional Charge of the Post of Director (Marketing), CIL Ministry of Coal vide its letter No. 21/5/2022-Establishment dated 31st Oct'22 has communicated the extension of the additional charge of the post of Director (Marketing), CIL to Dr. B. Veera Reddy, Director (Technical), CIL for further period of (03) three months with effect from November 1, 2022 or till the appointment of a regular incumbent to the post, or until further orders, whichever is earliest. Announcement • Oct 27
Coal India Limited to Report Q2, 2023 Results on Nov 07, 2022 Coal India Limited announced that they will report Q2, 2023 results on Nov 07, 2022 Announcement • Oct 22
Coal India Limited Appoints Bijay Prakash Dubey as Company Secretary Coal India Limited announced the appointment of Bijay Prakash Dubey as Company Secretary of the Company. Date of Appointment 21st October' 2022. Shri Bijay Prakash Dubey is a Commerce Graduate from St. Xavier's College, Kolkata and an Associate member of The Institute of Company Secretaries of India. He joined Coal India Limited on 1st April'2022 as General Manager (CS). He possess more than 2 decades of professional experience in the field of Company Law, Secretarial functions etc. in major CPSEs. Announcement • Oct 01
Coal India Limited Announces Executive Changes Shri Bijay Prakash Dubey, General Manager (CS) has been appointed as a Compliance Officer of Coal India Ltd. with effect from October 1, 2022. Shri M. Viswanathan ceased to be the Company Secretary & Compliance Officer of Coal India Limited with effect from October 1, 2022. Shri Bijay Prakash Dubey is a Commerce Graduate from St. Xavier's College, Kolkata and an Associate member of The Institute of Company Secretaries of India (ICSI). He joined Coal India Limited on 1st April'2022 as General Manager (CS). Shri Dubey possess more than 2 decades of professional experience in the field of Company Law, Secretarial functions etc. in major CPSEs. Buying Opportunity • Sep 12
Now 21% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be ₹295, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.1% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to decline by 5.9% in the next 2 years. Announcement • Sep 01
Coal India Limited Approves Final Dividend for the Financial Year 2021-22, Payable on and from September 7, 2022 The Shareholders of Coal India Limited announced at annual general meeting held on August 30, 2022, the shareholders approved final dividend INR 3.00 per share (30%) on equity shares for the financial year 2021-22. The payment will be made on and from 7th September 2022 to the members or their mandates whose names appear in the Company's Register of Members on 12 August 2022. Price Target Changed • Aug 12
Price target increased to ₹232 Up from ₹211, the current price target is an average from 21 analysts. New target price is approximately in line with last closing price of ₹222. Stock is up 54% over the past year. The company is forecast to post earnings per share of ₹43.81 for next year compared to ₹28.17 last year. Upcoming Dividend • Aug 04
Upcoming dividend of ₹3.00 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 29 September 2022. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 8.0%. Within top quartile of Indian dividend payers (1.7%). Higher than average of industry peers (2.2%). Announcement • Aug 03
Coal India Limited to Report Q1, 2023 Results on Aug 10, 2022 Coal India Limited announced that they will report Q1, 2023 results at 4:00 AM, Indian Standard Time on Aug 10, 2022 Reported Earnings • Jul 31
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹28.17 (up from ₹20.61 in FY 2021). Revenue: ₹1.01t (up 17% from FY 2021). Net income: ₹173.6b (up 37% from FY 2021). Profit margin: 17% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 18%, compared to a 16% growth forecast for the oil industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Jul 30
Coal India Limited, Annual General Meeting, Aug 30, 2022 Coal India Limited, Annual General Meeting, Aug 30, 2022, at 11:00 Indian Standard Time. Agenda: To consider and approve the Standalone Audited Financial Statements of the Company for the financial year ended March 31, 2022 including the Audited Balance Sheet as on March 31, 2022 and the Statement of Profit & Loss for the year ended on that date and the Reports of the Board of Directors, Statutory Auditor and Comptroller and Auditor General of India thereon; to confirm 1st and 2nd Interim dividend for the Financial Year 2021-22 and to declare final dividend on equity shares for the financial year 2021-22; to appoint a director in place of Smt. Nirupama Kotru who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and Article 39(j) of Articles of Association of the Company and being eligible, offers herself for reappointment; and to transact other business. Announcement • Jul 11
Coal India Limited Appoints Debasish Nanda as Director Coal India Limited has appointed Shri Debasish Nanda as director (business development) on Board of the company, with effective the date of his assumption of charge of the post till the date of his superannuation, that is 31 May 2025 or until further orders whichever is earlier. He has assumed the charge on 1l July 2022. Announcement • Jun 02
Coal India Limited Provides Production Guidance for the Year 2023 Coal India Limited Facing a production target of 700 million tonnes in Fiscal Year 2023 which entailed 12.4% growth rate at the be-ginning of the fiscal, CIL brought down the year's asking growth rate to 9.9% by the end of May 2022. Reported Earnings • May 27
Full year 2022 earnings: EPS and revenues exceed analyst expectations Full year 2022 results: EPS: ₹28.17 (up from ₹20.61 in FY 2021). Revenue: ₹1.01t (up 17% from FY 2021). Net income: ₹173.6b (up 37% from FY 2021). Profit margin: 17% (up from 15% in FY 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 6.5%. Over the next year, revenue is forecast to grow 17%, compared to a 22% growth forecast for the oil industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Announcement • May 27
Coal India Limited Recommends Final Dividend for the Financial Year 2021-22 Coal India Limited at its board meeting held on May 25, 2022 recommended payment of Final Dividend for the financial year @ 2021-22 INR 3 per share of the face value of INR 10 as recommended by the Audit Committee of CIL in its meeting held on date subject To Approve the Members at the ensuing Annual General Meeting of the Company. Announcement • May 13
Coal India Limited to Report Q4, 2022 Results on May 25, 2022 Coal India Limited announced that they will report Q4, 2022 results on May 25, 2022 Announcement • May 03
Coal India Limited Announces Changes in Directorate Coal India Limited announced that Shri S N Tiwari, Director(Marketing), has superannuated from services of the company effective May 1, 2022. Hence, he ceased to be director effective May 1, 2022. The company has entrusted the additional charge of Director(Marketing), CIL to Shri B Veera Reddy, Director (Technical), for an initial period of 3 months effective May 1, 2022 or till the appointment of a regular incumbent to the post or until further orders whichever is earlier. He has assumed the additional charge of Director(Marketing), on May 1, 2022. Buying Opportunity • Apr 29
Now 22% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be ₹233, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Board Change • Apr 27
High number of new and inexperienced directors There are 12 new directors who have joined the board in the last 3 years. The company's board is composed of: 12 new directors. No experienced directors. No highly experienced directors. Government Nominee Director Vinod Tiwari is the most experienced director on the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Buying Opportunity • Apr 12
Now 20% undervalued Over the last 90 days, the stock is up 17%. The fair value is estimated to be ₹233, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.4%. Revenue is forecast to grow by 22% in 2 years. Earnings is forecast to grow by 22% in the next 2 years. Buying Opportunity • Mar 04
Now 21% undervalued Over the last 90 days, the stock is up 13%. The fair value is estimated to be ₹230, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.4% per annum over the last 3 years. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 17% share price gain to ₹185, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Oil and Gas industry in India. Total returns to shareholders of 4.7% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹228 per share. Announcement • Feb 15
Coal India Limited Announces Second Interim Dividend for the Financial Year 2021-22, Payable March 11, 2022 Coal India Limited announced the Board of Directors in its meeting held on date had approved payment of second Interim Dividend for the financial year 2021-22 at INR 5 per share for the face value of INR l0 as recommended by the Adult Committee of CIL in its meeting held on date. The company has fixed 22nd Feb' 2022 as the ‘Record Date’ for the purpose of payment of second interim Dividend on equity shares for the Financial year 2021-22. The date of payment of second interim dividend is ‘on and from 11th Mar' 2022. Reported Earnings • Feb 15
Third quarter 2022 earnings: EPS and revenues exceed analyst expectations Third quarter 2022 results: EPS: ₹7.40 (up from ₹5.01 in 3Q 2021). Revenue: ₹290.9b (up 34% from 3Q 2021). Net income: ₹45.6b (up 48% from 3Q 2021). Profit margin: 16% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 10%. Over the next year, revenue is forecast to grow 11%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year. 
