Jan 19, 2022 03:59 PM
|Dec 06, 2021||Dividend||90|
|Sep 02, 2021||Dividend||35|
|Mar 15, 2021||Dividend||50|
Coal India Limited (CIL) is engaged in the production and sale of coal. It serves power and steel sectors, cement and fertilizers, and has a market capitalization of Rs. 87510 crores as of 16th August '2021. The company was incorporated in November 1975. It has reported its consolidated revenue from operations amounting to Rs. 25,282.1 crores as of June 2021. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 533278 and scrip code COALINDIA. As of 13th August '2021 stock of the company was trading at Rs.143.75.
Coal India is a state-owned coal mining company (Maharatna Company) and is the largest coal producer in the world. The company had an unpretentious production of 79 million tonnes (MTs) at the year of its incorporation. The company's subsidiaries are spread over eight states of India and have 345 mines. It produces around 83% of India's overall coal production, where more than 56% of primary commercial energy is coal-dependent, and CIL alone meets approximately 40% of primary commercial energy requirements. During 2020-21, Coal India produced 596.22 Million Tonnes of coal under exigent and adverse conditions. CIL is promoted by the Government of India, which holds 66.13% of the company's total shareholding in June 2021 with zero pledge, and such holding has remained constant over the last twelve months.
In June 2021, Coal India reported a 52.4% year-on-year rise in consolidated net profit to Rs. 3,169.85 below the analysts' estimates. The company also shows a sharp jump of 31.3% in expenses amounting to Rs. 21,625.5 crores during the quarter due to raw materials cost. However, the good year-on-year performance was due to the low base in the year-ago quarter, which was due to the impact of Covid-19 infection. The company's topline and bottom-line were affected on a sequential basis due to the country's second wave of covid-19 infection. The EPS of the company is Rs. 5.14 as of June 2021 as against Rs. 7.44 during March 2021 quarter. The stock price was trading at Rs. 143.80 on BSE and has given a return of 5.70% over the last 12 months.
Coal Bhawan 3rd Floor Core-2, Plot AF-III New Town Rajarhat, Kolkata, West Bengal, 700156
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|Face Value Equity Shares||:||10|
|Market Lot Equity Shares||:||1|
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