Coal India Ltd.
NSE: COALINDIACoal India Ltd.: A 30-second snapshot
Coal India Ltd. trades at 451.30 with a trailing PE of 8.96 and a forward PE of 7.87, reflecting a low earnings multiple for a public-sector monopoly with 16.2% 5-year revenue CAGR and 12.9% 5-year earnings CAGR. The stock is up 23.44% over the past 12 months, sits above its 200-DMA (415.55) but fractionally below its 50-DMA (458.37), and carries a 4.87% dividend yield. The single most prominent structural concern is a debt-to-equity ratio of 11.63 on a rising trend, which is atypical for a non-financial PSU of this scale.
P/E
9.0
Forward P/E
7.9
ROE
+28.1%
Debt / Equity
11.63
Profit Margin
+18.5%
Div. Yield
+4.9%
5Y ROE > 15%
4/5
5Y FCF > 0
4/5
Quality
66/100
News
8 headlines · 0 positive · 1 negative
Coal India Q1 Results 2026 - Find Coal India Q1 Earnings Result | COALINDIA Q1 results - Mint
Mint
Coal India Q2 Results 2026 - Find Coal India Q2 Earnings Result | COALINDIA Q2 results - Mint
Mint
Coal India Q3 Results 2026 - Find Coal India Q3 Earnings Result | COALINDIA Q3 results - Mint
Mint
Coal India shares tumble nearly 4% after Centre launches 2% stake sale via OFS - TradingView
TradingView
Coal India MT recruitment 2026: Last date to apply at coalindia.in for 660 posts; check details and direct link here - The Times of India
The Times of India
Recent context
- ·The Centre launched a 2% stake sale via OFS in late May 2026, which according to TradingView caused a near-4% intraday decline in the share price; the government retains a large majority stake and has historically used OFS as a regular capital-raising tool.
- ·Q1, Q2, and Q3 FY2026 results pages were indexed simultaneously on 19 June 2026 (Mint), indicating the market is entering a fresh quarterly earnings assessment cycle; no material guidance revision headlines were captured in this news run.
- ·Mean analyst rating of 2.5 across 26 analysts (1-5 scale, lower = more constructive) represents a mid-point reading as of this data run, with no named broker action cited in available news flow.
Strengths
- +Quality score of 77 ranks 1st of 6 Energy sector peers in this analysis, ahead of ONGC (53), BPCL (55), IOC (49), GAIL (16), and RELIANCE (32).
- +ROE of 28.12% is the second-highest among the six Energy peers compared and exceeds the trailing ROE of ONGC (12.7%), RELIANCE (9.14%), GAIL (8.69%), and IOC (20.97%); only BPCL (28.47%) is marginally higher.
- +5-year revenue CAGR of 16.2% and earnings CAGR of 12.9% alongside a 4.87% dividend yield demonstrate compounding top-line expansion with material cash returns to shareholders over the measurement period.
- +Stock has appreciated 23.44% over the trailing 12 months and trades 8.6% above its 200-DMA (415.55), with near-term technical support identified in the 428-440 band and an RSI of 44.7 in neutral territory.
Weaknesses
- −D/E of 11.63 is materially elevated for a non-financial PSU operating in the Energy sector; the debt trend is classified as rising, compounding the leverage concern over time.
- −Fundamental consistency score of 41/100 reflects uneven capital generation across the available reporting periods — ROE exceeded 15% in only 4 of the years available and FCF was positive in 4 of those years, indicating periods of sub-threshold performance.
- −The stock currently trades fractionally below its 50-DMA (458.37) after a flat 3-month period (-0.64%), and sits 8.13% below its 52-week high, with overhead resistance clustered at 476-491.
- −Government executed a 2% stake OFS in late May 2026, an event that added near-term supply pressure; such dilutive events from the sovereign majority holder can recur and are outside management control.
Open questions
- ?Does the D/E of 11.63 reflect lease and pension obligations typical of a large PSU mining operation, or does it represent financial borrowings that could pressure interest coverage if earnings soften?
- ?How much of the 16.2% 5-year revenue CAGR reflects volume growth in coal dispatch versus realization improvement, and how sensitive is each component to domestic energy transition or imported coal substitution?
- ?The government has used OFS to reduce its stake on multiple occasions — at what ownership threshold, if any, does Coal India lose its Maharatna or monopoly pricing advantages, or regulatory protections?
- ?Does the fundamental consistency score of 41/100 reflect a specific set of difficult years such as demand shocks or e-auction pricing cycles, or does it indicate structural earnings volatility that persists across different demand environments?
Peer comparison: Energy
Ranks 1 of 6 on quality| Symbol | Name | P/E | ROE | Quality |
|---|---|---|---|---|
| COALINDIA | Coal India Ltd.You're viewing | 9.0 | +28.1% | 77 |
| Industry avg | across 5 peers | 10.9 | +16.0% | 41 |
| BPCL | Bharat Petroleum Corporation Ltd. | 5.1 | +28.5% | 55 |
| ONGC | Oil & Natural Gas Corporation Ltd. | 7.5 | +12.7% | 53 |
| IOC | Indian Oil Corporation Ltd. | 4.7 | +21.0% | 49 |
| RELIANCE | Reliance Industries Ltd. | 22.0 | +9.1% | 32 |
| GAIL | GAIL (India) Ltd. | 15.1 | +8.7% | 16 |
Technical state
Current price
₹451.30
SMA 50
₹458.37
SMA 200
₹415.55
RSI (14)
44.7 (neutral)
From 52w high
-8.1%
1Y return
+23.4%
3M return
-0.6%
50-DMA
Below
200-DMA
Above
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highD/E of 11.63 is materially elevated for a non-financial PSU in the Energy sector, and the debt trend is classified as rising. Persistence consistency score of 41/100 signals uneven capital generation across the available reporting periods.
- mediumROE exceeded 15% in only 4 of the available years and FCF was positive in 4 years; with fewer than 5 full cycles of persistence data, the durability of the current 28.12% ROE across a complete capital cycle is unconfirmed.
- medium4 of 5 named Energy peers (ONGC, RELIANCE, BPCL, GAIL, IOC) show null 1-year price change data, making relative price-performance ranking for COALINDIA unreliable in this run.
- lowNews flow is thin at 8 articles total (0 positive, 7 neutral, 1 negative); recent coverage is dominated by MT recruitment notices and an OFS event rather than operational or regulatory developments material to business performance.
Cross-section contradictions
- ROE of 28.12% ranks 2nd of 6 Energy peers and the quality score ranks 1st of 6, yet D/E of 11.63 is rising and the fundamental consistency score is 41/100 — near-term profitability metrics are strong while leverage trajectory and historical unevenness present a structural tension.
- Stock is up 23.44% over 12 months and trades above the 200-DMA (415.55), yet the mean analyst rating of 2.5 across 26 analysts (1-5 scale, lower = more constructive) sits at the mid-point of the scale, suggesting less uniformly constructive third-party coverage than the price trend might imply.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 25 Jun 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 21 Jun 2026 · rotates through NIFTY 500 every ~5 days