COAL INDIA LIMITED (COALINDIA): Financials & Fundamentals History

Share price

Closing priceAdjusted for splits and bonus issues.

3M1Y3YAll

₹401.5 latest close · −6.1% over the last 90 sessions

₹401.5 month-end · +9.5% over 12 months

₹401.5 month-end · +28.2% over 3 years

₹401.5 month-end · +96.9% since Jan '19

52-week range ₹360.30 to ₹478.90 · 1-year volatility 24.2%

Was the rally earned?

1 year3 years5 years

+10%share price, 1 yearMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 6.8x to 8.0x); per-share earnings took off 7 points.
The share count barely moved.

Net profit growth-7 ptsNet profit fell about 6%, which lowers the price.

P/E change+16 ptsThe P/E rose from 6.8x to 8.0x, which lifts the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

+28%share price, 3 yearsMultiple-driven

Partly.

Most of the rise came from investors paying a higher multiple (P/E 6.1x to 8.0x); per-share earnings took off 2 points.
The share count barely moved.

Net profit growth-2 ptsNet profit fell about 2%, which lowers the price.

P/E change+31 ptsThe P/E rose from 6.1x to 8.0x, which lifts the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

+191%share price, 5 yearsEarnings-driven

Mostly yes.

Per-share earnings added 160 points to the rise, while the multiple moved less (P/E 6.7x to 8.0x).
The share count barely moved.

Net profit growth+160 ptsNet profit rose about 145%, which lifts the price.

P/E change+31 ptsThe P/E rose from 6.7x to 8.0x, which lifts the price.

Share count change0 ptsShare count was little changed. More shares would count against the price.

What do "pts" mean?

"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.

Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.

Net profit is trailing twelve months as reported with a 60-day lag.

Compare this with GUJARAT MINERAL DEVELOPMENT CO

How rough has the ride been?

Maximum drawdown-58.9%recovered 2023-09

1-year volatility24.2%annualised

Beta vs sector index0.723-year daily, correlation 0.54

Volume spikes2last 90 sessions, 5x the 50-day median

Drawdown from peak

Largest drawdowns

-58.9% (2019-06 peak to 2020-10 low, recovered 2023-09)

-32.0% (2024-08 peak to 2025-02 low, not yet recovered)

Most recent volume spikes

2026-09-02: 6.4x the 50-day median, price +4.0% that day

2026-08-28: 7.2x the 50-day median, price +0.3% that day

Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).

Is it expensive against its own past and its peers?

8.0xP/E todayWithin its usual range

Against its own history79th percentile

CheapestMedian 6.8xDearest

Usual range 4.4x to 8.5x since 2019-01.

Against Energy Minerals8.0x vs 12.7x

This company

8.0x

Sector median

12.7x

37% below the Energy Minerals median.

P/EP/BP/S

P/E (this company)10th to 90th percentile of its own historyIts medianEnergy Minerals median

The chart loads when you open this tab.

P/B (this company)10th to 90th percentile of its own historyIts medianEnergy Minerals median

The chart loads when you open this tab.

P/S (this company)10th to 90th percentile of its own historyIts medianEnergy Minerals median

How to read this

Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).

Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.

All terms explained in the glossary →

How Energy Minerals is valued

Where does it rank among Energy Minerals peers?

Each cell is the company's percentile rank among its Energy Minerals peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).

Where it ranks today

ROCE98th▲ 3 pts vs a year ago
Op. margin82nd▼ 4 pts vs a year ago
Revenue growth33rd▼ 22 pts vs a year ago
EPS growth33rd▼ 12 pts vs a year ago
Debt/equity ↓71st▼ 8 pts vs a year ago
Cash cycle ↓71st▲ 14 pts vs a year ago
P/E ↓76th▼ 19 pts vs a year ago
12M momentum79th▲ 31 pts vs a year ago

Rank history

ROCE

Op. margin

Revenue growth

EPS growth

Debt/equity ↓

Cash cycle ↓

P/E ↓

12M momentum

Dec '21Jul '22Jan '23Jul '23Jan '24Jul '24Jan '25Jul '25Jan '26Jul '26Nov '26

Lower rank Higher rank Not enough data

Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.

The Energy Minerals sector page Watch it move against Energy Minerals in the Observatory

What is the price implying?

~1%annual earnings growth implied by the priceBelow delivered growth

At normalised P/E (five-year average earnings) of 8.1x, a holder earning 12%/yr needs earnings to grow about 1.0%/yr for 10 years, then trade at 15x.

Delivered17.5%/yrEPS, last 10 fiscal years · 3-yr avg to 3-yr avg

Gap−16.5 ptsimplied minus delivered

Rank759thmost demanding of 856

Over time

Implied growth by month (solid) and delivered growth (dashed).

Change the assumptions

Exit P/E / return	11%	12%	13%
12x	1.8%	2.7%	3.7%
15x	0.0%	1.0%	1.9%
20x	−2.3%	−1.4%	−0.5%

Drag a slider to test other assumptions

Required return 12.0% Years 10 Exit P/E 15x Implied: 1.0%/yr

Looking back

Jan 2020Price implied −2%/yr; EPS has since grown 9%/yr (7.0 yrs)
Jan 2021Price implied −8%/yr; EPS has since grown 11%/yr (6.0 yrs)
Jan 2022Price implied −4%/yr; EPS has since grown 20%/yr (5.0 yrs)

Past comparisons cover only companies listed today (survivorship bias) and say nothing about future outcomes.

“Implied growth” is what the current price would require under our stated assumptions, not what we expect. How this is calculated and the market-wide lists.

What prices imply across Energy Minerals The market-wide Expectations lists

Key figures

Share Priceclose 9 Nov: ₹401.50
P/E: 8.0x
ROCE: 35.0%
Market Cap: ₹2.47L cr
Revenue (TTM): ₹1.64L cr
P/S: 1.5x
P/B: 2.1x
ROE: 26.1%
Operating Margin: 26.0%
Debt / Equity: 0.1x
Promoter Holding: 61.1%
12M Momentum: 9.5%

52-week range

₹360.30₹478.90

35% of the way from its 52-week low to its high

Price risk

1Y volatility

24.2%

Beta vs sector

1-year daily

0.38

Balance sheet & cash

Interest cover

operating profit ÷ interest

33.7x

Cash from profit, 3Y

operating cash flow ÷ net profit

0.88x

Share count, 1Y

unchanged

Are profits backed by cash?

5 of 6checks within range1 near a threshold

Other income reliance30%Near threshold

Other income as a share of pre-tax profit (trailing twelve months): 30.0%. Bands: below 15%, 15% to 35%, above 35%.

Tax rate25%Within range

Median quarterly effective tax rate over about 2.5 years: 25.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.

Cash conversion0.88xWithin range

Operating cash flow divided by net profit over the last three fiscal years: 0.88x (cash from operations ₹91,555 cr, net profit ₹1,03,890 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.

Free cash flow5 of 5 yrsWithin range

Fiscal years with positive free cash flow in the last 5: 5. Bands: at least 80% of years, 40% to 80%, below 40%.

Receivable days vs history-2 daysWithin range

Debtor days are below the median of the previous three fiscal years by 2 days (31 vs 33). Bands: under 15 days, 15 to 45, over 45.

Capital work in progress27% of fixed assetsWithin range

Capital work-in-progress is 27% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.

Payable days—Not enough data

Not enough reported data to compute this.

Tap a check to see how it is measured

How to read this

Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.

All terms explained in the glossary →

Who has been buying and selling?

Over 2 years, promoters trimmed 2.0 pts; FIIs added 1.8 pts; DIIs trimmed 0.9 pts.
The number of shareholders rose from 13.8 lakh to 25.5 lakh (+85%) between Dec 2023 and Jun 2026.

Holdings, Jun '26

How each group changed

GroupDec '23Jun '26Change

Promoters63.1%61.1%-2.0 pts

FIIs8.6%10.4%+1.8 pts

DIIs23.1%22.2%-0.9 pts

Public and others5.1%6.2%+1.1 pts

Number of shareholders

25.5 lakhshareholders+85% since Dec '23

Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.

This quarter's smart-money board

What happened next to similar setups

+0.7%typical 12-month return vs the marketNot meaningfully different from the base rate

We found 50 past situations where a non-financial company looked like COAL INDIA LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
Over the following 12 months the middle half of them returned −22% to +18% vs the market, against −9% for all non-financial companies in the same months.
The gap against the base rate (+9.8%, 80% range −2.7% to +14.1%) is within what chance and overlapping periods produce.

Where the 50 outcomes landed

Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 1 beyond the range shown, drawn at the edge

Similar setups' median

+0.7%

All companies' median

−9.1%

Beat the market

50% vs 39%

50 past situations · 50 companies · 28 months · 2020–2025

The closest matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
NMDC Non-Energy Minerals	Aug 2025	9x	30%	−4%	−13%	+23%
INFY Technology Services	May 2025	23x	40%	+11%	−22%	−27%
DRREDDY Health Technology	Oct 2025	18x	23%	−6%	−14%	+19%
HEROMOTOCO Consumer Durables	Aug 2024	28x	29%	+94%	−6%	+4%
HCLTECH Technology Services	Jul 2025	23x	32%	−11%	−26%	−13%

Show the other 3 matches

Company	When	P/E	ROCE	12M mom.	Drawdown	Next 12 months
WIPRO Technology Services	Sep 2025	18x	20%	−10%	−25%	−33%
HAL Electronic Technology	Apr 2020	8x	29%	−21%	−40%	+14%
ZYDUSLIFE Health Technology	Oct 2025	21x	24%	−3%	−7%	+35%

How reliable is this?

Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: drawdown from 12-month high, 12-month momentum and revenue growth. One match per company and at most 7 from any one month.

Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.

How this is built

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to COAL INDIA LIMITED. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

Methodology

How historical analogs are built

Data as of 2026-11-09. Outcome pool: Jan 2020 to Oct 2025.

For every company we look at the situation it is in today (valuation, return on capital, margins, debt, growth, 12-month price momentum, drawdown, size and volatility) and find past company-months that looked most like it. We then show what happened to those past situations over the following 12 months, measured against the ApnaFunda All index and against the base rate. It describes history. It does not predict anything.

What is compared

Feature	Weight	Non-financial	Financial
P/E	1	yes	yes
P/S	1	yes	—
P/B	1	—	yes
ROCE	1	yes	—
operating margin	1	yes	—
ROE	1	—	yes
debt/equity	0.75	yes	—
interest cover	0.5	yes	—
revenue growth	0.75	yes	yes
12-month momentum	1	yes	yes
drawdown from 12-month high	0.75	yes	yes
size	0.75	yes	yes
volatility	0.5	yes	yes

Weights were set by judgement before any outcome was looked at and are never tuned on results. Loss-making companies (negative P/E or net profit) are only matched with other loss-making companies. Banks, NBFCs and insurers are compared only with each other and use a different feature set. Every feature is converted, month by month, to its rank among companies in the same pool in that month, so a P/E of 30 in a hot market and a P/E of 22 in a cold one can match if both were equally expensive for their time. Only that month's data is used.

How closeness and the sample are defined

Distance is the weighted root-mean-square gap between the standardised features both companies have. A match needs at least 70% of the query's feature weight, a distance of at most 0.9, and 30 matches at minimum to be shown. We keep up to 50 matches with these exclusions: never the company itself, one match per company (its closest month), and at most 7 from any one calendar month so a single market episode cannot dominate.

Base rate

The base rate is the distribution of 12-month returns, relative to the market, of every eligible company-month in the same pool, with each month weighted to match the months the analogs came from. It answers: how did a random company do in these same months? Because matches from nearby months share the same market conditions, we also report the number of distinct 12-month windows behind a result, and a bootstrap that resamples months decides whether the analog median differs from the base rate at all. "Not meaningfully different" is the usual outcome and the page copy is written for it.

Limits you should know

One market period. The outcome pool covers 2020–2025 only (70 months), including the 2020 crash and the 2020–21 rally.
Survivorship. Only companies listed today are included. Delisted and bankrupt companies are missing, which flatters past outcomes, particularly for distressed-looking setups.
Price return only. Dividends are excluded, and the benchmark is an ApnaFunda market-cap-weighted index of the same listed companies, not an official index.
Reporting lag. Fundamentals are matched on an assumed 60-day lag after the quarter end, not on real announcement dates.
Pools: non-financial: 98,395 company-months from 2019 companies; financial: 5,659 company-months from 108 companies. 2349 companies currently have a result; the rest are suppressed because too few comparable situations exist.

Does it work? A walk-forward check

The walk-forward check has not been run for this build, so skill is shown as not yet measured.

Disclaimer

This is history, not a forecast. These are past situations where other companies had broadly similar reported numbers and price trends. What happened to them does not tell you what will happen to any company shown. The comparison covers only 2020–2025, a single market period, and only companies still listed today. Companies that were delisted or went bankrupt are missing, which makes past outcomes look better than they were. Returns exclude dividends and are measured against an ApnaFunda-built index, not an official benchmark. Fundamentals are matched on a 60-day assumed reporting lag, not actual announcement dates. Its historical skill has not yet been measured. Past patterns may not repeat.

What else looks like this?

Companies with the most similar financial profile today, regardless of industry.

ITCITC

Consumer Non-Durables

73%similar

market caprevenue

TATA CONSULTANCY SERVICESTCS

Technology Services

70%similar

operating marginrevenue

HCL TECHNOLOGIESHCLTECH

Technology Services

68%similar

revenuepromoter holding

PETRONET LNGPETRONET

Utilities

61%similar

operating margindebt/equity

NMDCNMDC

Non-Energy Minerals

60%similar

promoter holdingP/E

CASTROL INDIACASTROLIND

Energy Minerals

54%similar

operating marginvolatility

OIL INDIAOIL

Energy Minerals

44%similar

EPS growthP/E

OIL AND NATURAL GAS CORPORATIOONGC

Energy Minerals

36%similar

volatilitymarket cap

Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.

What changed?

30 events since Oct '20

2026
SepPromoterPromoter holding fell 2.0 pts to 61.1%.
SepPeer rankMoved into the 3rd quartile of Energy Minerals on EPS growth (from the bottom quartile).
AugPriceVolume reached 7.2x its 50-day median on 2026-08-28; price +0.3% that day.
JunResultsRevenue (TTM) reached a new high of ₹160,886 cr.
JunPeer rankSlipped to the bottom quartile of Energy Minerals on EPS growth (from the 3rd quartile).
MayPriceVolume reached 11.5x its 50-day median on 2026-05-27; price +1.1% that day.
JanValuationP/E crossed above the 90th percentile of its own history to date (8.5x).
JanPriceVolume reached 8.1x its 50-day median on 2026-01-02; price +6.9% that day.

Show 22 earlier events

2025
OctPriceVolume reached 5.8x its 50-day median on 2025-10-29; price -2.4% that day.
SepResultsRevenue (TTM) reached a new high of ₹148,785 cr.
SepPeer rankSlipped to the 3rd quartile of Energy Minerals on EPS growth (from the 2nd quartile).
JunResultsYear-on-year EPS growth turned negative.
FebPriceFell 32% from the Aug 2024 peak to the Feb 2025 low.
2024
JunResultsRevenue (TTM) reached a new high of ₹144,762 cr.
MayValuationP/E crossed above the 90th percentile of its own history to date (8.7x).
MayPriceVolume reached 5.4x its 50-day median on 2024-05-03; price +4.6% that day.
2023
SepPriceRegained the 2019-06 peak, 35 months after the low.
SepPriceVolume reached 10.6x its 50-day median on 2023-09-07; price +7.1% that day.
JunResultsRevenue (TTM) reached a new high of ₹138,252 cr.
JunValuationP/E fell below the 10th percentile of its own history to date (4.1x).
JunPriceVolume reached 8.3x its 50-day median on 2023-06-02; price +0.2% that day.
2022
JunResultsYear-on-year EPS growth turned positive.
JunPeer rankMoved into the 2nd quartile of Energy Minerals on EPS growth (from the 3rd quartile).
MarPeer rankSlipped to the 3rd quartile of Energy Minerals on EPS growth (from the 2nd quartile).
MarPriceVolume reached 7.4x its 50-day median on 2022-03-02; price +9.0% that day.
2021
SepPriceVolume reached 11.4x its 50-day median on 2021-09-29; price +6.4% that day.
MayPriceVolume reached 6.0x its 50-day median on 2021-05-11; price +5.8% that day.
FebPriceVolume reached 6.4x its 50-day median on 2021-02-26; price -2.5% that day.
JanValuationP/E fell below the 10th percentile of its own history to date (4.2x).
2020
OctPriceFell 59% from the Jun 2019 peak to the Oct 2020 low.

Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.

Where price and fundamentals disagree, market-wide Rewind the whole market to any month

Monthly history60 months · 2021-12 to 2026-11

Month	P/E	Revenue (TTM)	ROE	ROCE	Debt / Equity
2026-11	8.0x	₹1.64L cr	26.1%	35.0%	0.1x
2026-10	7.5x	₹1.64L cr	26.1%	35.0%	0.1x
2026-09	8.2x	₹1.64L cr	26.1%	35.0%	0.1x
2026-08	7.8x	₹1.61L cr	26.1%	35.0%	0.1x
2026-07	8.0x	₹1.61L cr	26.1%	35.0%	0.1x
2026-06	8.5x	₹1.61L cr	26.1%	35.0%	0.1x
2026-05	9.2x	₹1.52L cr	29.2%	48.0%	0.1x
2026-04	9.7x	₹1.52L cr	29.2%	48.0%	0.1x
2026-03	9.1x	₹1.52L cr	29.2%	48.0%	0.1x
2026-02	8.3x	₹1.54L cr	30.5%	48.0%	0.1x
2026-01	8.5x	₹1.54L cr	30.5%	48.0%	0.1x
2025-12	7.7x	₹1.54L cr	30.5%	48.0%	0.1x
2025-11	6.8x	₹1.49L cr	32.6%	48.0%	0.1x
2025-10	6.8x	₹1.49L cr	32.6%	48.0%	0.1x
2025-09	6.9x	₹1.49L cr	32.6%	48.0%	0.1x
2025-08	6.2x	₹1.42L cr	34.7%	48.0%	0.1x
2025-07	6.2x	₹1.42L cr	34.7%	48.0%	0.1x
2025-06	6.5x	₹1.42L cr	34.7%	48.0%	0.1x
2025-05	6.8x	₹1.43L cr	41.4%	64.0%	0.1x
2025-04	6.6x	₹1.43L cr	41.4%	64.0%	0.1x
2025-03	6.8x	₹1.43L cr	41.4%	64.0%	0.1x
2025-02	6.0x	₹1.42L cr	43.6%	64.0%	0.1x
2025-01	6.4x	₹1.42L cr	43.6%	64.0%	0.1x
2024-12	6.2x	₹1.42L cr	43.6%	64.0%	0.1x
2024-11	6.4x	₹1.44L cr	45.7%	64.0%	0.1x
2024-10	6.7x	₹1.44L cr	45.7%	64.0%	0.1x
2024-09	7.6x	₹1.44L cr	45.7%	64.0%	0.1x
2024-08	7.9x	₹1.45L cr	45.2%	64.0%	0.1x
2024-07	7.9x	₹1.45L cr	45.2%	64.0%	0.1x
2024-06	7.1x	₹1.45L cr	45.2%	64.0%	0.1x
2024-05	8.7x	₹1.38L cr	52.1%	78.0%	0.1x
2024-04	8.1x	₹1.38L cr	52.1%	78.0%	0.1x
2024-03	7.7x	₹1.38L cr	52.1%	78.0%	0.1x
2024-02	7.8x	₹1.38L cr	52.1%	78.0%	0.1x
2024-01	7.2x	₹1.38L cr	52.1%	78.0%	0.1x
2023-12	6.7x	₹1.38L cr	52.1%	78.0%	0.1x
2023-11	6.1x	₹1.38L cr	52.1%	78.0%	0.1x
2023-10	5.5x	₹1.38L cr	52.1%	78.0%	0.1x
2023-09	5.2x	₹1.38L cr	52.1%	78.0%	0.1x
2023-08	4.1x	₹1.38L cr	52.1%	78.0%	0.1x
2023-07	4.0x	₹1.38L cr	52.1%	78.0%	0.1x
2023-06	4.1x	₹1.38L cr	52.1%	78.0%	0.1x
2023-05	7.8x	₹1.10L cr	40.3%	54.0%	0.1x
2023-04	7.5x	₹1.10L cr	40.3%	54.0%	0.1x
2023-03	6.9x	₹1.10L cr	40.3%	54.0%	0.1x
2023-02	6.9x	₹1.10L cr	40.3%	54.0%	0.1x
2023-01	7.2x	₹1.10L cr	40.3%	54.0%	0.1x
2022-12	7.3x	₹1.10L cr	40.3%	54.0%	0.1x
2022-11	7.3x	₹1.10L cr	40.3%	54.0%	0.1x
2022-10	7.9x	₹1.10L cr	40.3%	54.0%	0.1x
2022-09	6.8x	₹1.10L cr	40.3%	54.0%	0.1x
2022-08	7.6x	₹1.10L cr	40.3%	54.0%	0.1x
2022-07	6.8x	₹1.10L cr	40.3%	54.0%	0.1x
2022-06	6.0x	₹1.10L cr	40.3%	54.0%	0.1x
2022-05	8.5x	₹90026 cr	34.8%	46.0%	0.2x
2022-04	8.1x	₹90026 cr	34.8%	46.0%	0.2x
2022-03	8.1x	₹90026 cr	34.8%	46.0%	0.2x
2022-02	7.5x	₹90026 cr	34.8%	46.0%	0.2x
2022-01	7.0x	₹90026 cr	34.8%	46.0%	0.2x
2021-12	6.4x	₹90026 cr	34.8%	46.0%	0.2x

Older months are in the live observatory.

Methodology and data notes