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COALINDIA - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.5

Last Updated Time : 25 May 26, 12:02 am

Fundamental Rating: 4.5

Stock Code COALINDIA Market Cap 2,81,298 Cr. Current Price 456 ₹ High / Low 491 ₹
Stock P/E 14.9 Book Value 33.5 ₹ Dividend Yield 5.80 % ROCE 98.0 %
ROE 97.4 % Face Value 10.0 ₹ DMA 50 453 ₹ DMA 200 425 ₹
Chg in FII Hold 0.16 % Chg in DII Hold 0.23 % PAT Qtr 5,534 Cr. PAT Prev Qtr 4,872 Cr.
RSI 48.5 MACD 1.49 Volume 94,87,564 Avg Vol 1Wk 73,36,068
Low price 369 ₹ High price 491 ₹ PEG Ratio 1.77 Debt to equity 0.04
52w Index 71.6 % Qtr Profit Var 75.7 % EPS 30.6 ₹ Industry PE 16.2

📊 Financials: COALINDIA has a market cap of 2,81,298 Cr. with quarterly PAT at 5,534 Cr., up from 4,872 Cr. (+75.7%). ROE at 97.4% and ROCE at 98.0% are exceptionally strong, reflecting outstanding efficiency and profitability. Debt-to-equity at 0.04 highlights a near debt-free balance sheet. EPS of 30.6 ₹ supports earnings visibility, with robust cash flows.

💹 Valuation: The stock trades at a P/E of 14.9, slightly below the industry average of 16.2, suggesting undervaluation. P/B ratio is ~13.6 (456/33.5), reflecting premium pricing relative to book value. PEG ratio of 1.77 indicates growth is moderately priced in. Intrinsic value appears higher than current price, offering margin of safety.

🏢 Business Model: COALINDIA operates as the largest coal producer in India, benefiting from government backing and scale. Its competitive advantage lies in monopoly-like positioning, strong cash flows, and high dividend payouts. However, long-term sustainability is challenged by global energy transition trends.

📈 Entry Zone: With RSI at 48.5 (neutral), MACD positive, and price near DMA 50 (453 ₹) and DMA 200 (425 ₹), accumulation around 440–460 ₹ looks favorable. Long-term holding is justified given strong fundamentals, dividend yield, and undervaluation, though investors should monitor regulatory and environmental risks.

Positive

  • 📌 Exceptional ROE of 97.4% and ROCE of 98.0%.
  • 📌 Strong PAT growth (+75.7% QoQ).
  • 📌 Debt-to-equity of 0.04 indicates near debt-free status.
  • 📌 Dividend yield of 5.80% adds strong income appeal.

Limitation

  • ⚠️ P/B ratio of ~13.6 indicates expensive valuation relative to book value.
  • ⚠️ PEG ratio of 1.77 suggests growth is moderately priced in.
  • ⚠️ Long-term sustainability challenged by global energy transition.

Company Negative News

  • ❌ Environmental concerns and regulatory pressures on coal usage.

Company Positive News

  • ✅ Increase in FII holdings (+0.16%) and DII holdings (+0.23%).
  • ✅ Strong dividend yield and robust quarterly profit growth.

Industry

  • 🏦 Coal sector benefits from strong domestic demand and government support.
  • 🏦 Industry P/E at 16.2 suggests COALINDIA trades at a slight discount.

Conclusion

🔑 COALINDIA is fundamentally strong with exceptional return metrics, debt-free operations, and high dividend yield. Despite valuation premiums on book value and long-term sustainability concerns, entry around 440–460 ₹ offers a good margin of safety. The company remains a resilient player in India’s energy sector, making it attractive for long-term investors seeking income and stability.

For deeper insights, you could explore a peer comparison or an energy sector outlook to see how COALINDIA stacks up against competitors.

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