Coal India Ltd. · NSE:COALINDIA
Coal India — Q4 FY2025 Earnings Presentation
56 slides from Coal India's earnings presentation, May 7, 2025
Slide 1: Filing cover letter to stock exchanges
कोल इि डया ल मटे ड Coal India Limited कंपनी स चवालय Company Secretariat Regd. Office:3rd floor, Core-2 3 त ला, कोर-2, े मसेस-04-एमआर, लॉट-ए एफ- Premises no-04-MAR, Plot no-AF-III, Action III,ए शन ए रया-1A, यट ू ाउन, रजरहट, कोलकाता- Area-1A, Newtown, Rajarhat,Kolkata-700156 700156, फोन-0332324555, PH
Slide 2: Performance Highlights of FY & Quarter ending 31.03.2025
Performance Highlights of FY & Quarter ending 31.03.2025 Coal India Limited
Slide 3: Major Events Q4 24-25
Major Events Q4 24-25 New Subsidiary - Monetisation of MoU with IIT, Coal Gas India Ltd Coal Washery Hyderabad Incorporated on Dugda Coal MoU executed on 7th 25th March, 2025 Washery of BCCL - March 2025, for for Coal to SNG the first washery in establishing a Centre plant. India to be of Clean Coal
Slide 4: Major Events FY 2024-25
Major Events FY 2024-25 Largest Solar Largest First Ever Power Plant in non-coking coal Critical CIL washery Mineral Asset Commissioned Ib Valley Washery, CIL is the 50 MW Solar MCL, (10 MTY), preferred bidder Power Plant at started operations for Madhya Nigahi in NCL from 15th Apr 2024 Pradesh's in
Slide 5: Physical Performance FY 2024-25
Physical Performance FY 2024-25
Slide 6: Physical Performance
Physical Performance Coal Production FY 2024-25 781.05 Mill.Te. 1% FY 2023-24 773.65 Mill.Te. Coal Offtake FY 2024-25 763.06 Mill.Te. 1% FY 2023-24 753.51 Mill.Te. OBR FY 2024-25 2,018.20 M.CuM 3% FY 2023-24 1,964.14 M.CuM
Slide 7: Coal Production (in Mill. Tonne)
COAL PRODUCTION ( IN MILL. TONNE) FY 24-25 FY 23-24 Variance Departmental Hired with Last (Actual) Year (%) Subsidiary Target Actual 250 184.65 ECL 54.00 52.03 47.56 9% 200 140.25 BCCL 45.00 40.50 41.10 -1% Mill. Te. 150 CCL 100.00 87.54 86.06 2% 100 70.53 42.78 NCL 139.00 139.00 136.15 2% 42.02 50
Slide 8: Offtake (in Mill. Tonne)
OFFTAKE ( IN MILL. TONNE) FY 24-25 FY 23-24 Variance MODE WISE OFFTAKE Subsidiary Target Actual (Actual) with Last FY 24-25 Year (%) 600 517 ECL 54.00 49.75 43.75 14% BCCL 400 45.00 38.25 39.19 -2% 233 CCL 100.00 85.81 82.91 3% Mill.Te. 200 NCL 139.00 137.70 137.63 0.05% 12 WCL 69.00 68.56 70.25 -2%
Slide 9: OB Removal (in Mill. CuM.)
OB Removal ( IN MILL. CuM.) FY 24-25 FY 23-24 Variance Departmental Hired Subsidiary Target * Actual (Actual) with Last Year (%) 540 360.31 480 ECL 150.00 187.19 170.28 10% 344.92 420 311.65 320.80 BCCL 170.00 181.45 152.86 19% 360 Mill. CuM. CCL 300 149.50 118.41 121.33 -2% 240 167.70 168.66 NCL 51
Slide 10: Inventory as on 31.03.2025
Inventory as on 31.03.2025 Particulars (Raw Overall Coal) ECL BCCL CCL NCL WCL SECL MCL NEC CIL Subsidiary wise Inventory (Million Tonne) as on 31.03.2025 Opening Stock as on 5.96 4.55 11.73 3.34 9.42 30.45 23.65 0.08 89.18 ECL BCCL 6% 01-04-2024 8% MCL Closing Stock 34% as on 8.24 6.69 13.55 4.63 9
Slide 11: Physical Performance Q4 2024-25
Physical Performance Q4 2024-25
Slide 12: Physical Performance
Physical Performance Coal Production Q4 2024-25 237.69 Mill.Te. 2% Q4 2023-24 241.76 Mill.Te. Coal Offtake Q4 2024-25 201.38 Mill.Te. 0.13% Q4 2023-24 201.63 Mill.Te. OBR Q4 2024-25 576.36 M.CuM 3% Q4 2023-24 558.75 M.CuM
Slide 13: Coal Production (in Mill. Tonne)
COAL PRODUCTION ( IN MILL. TONNE) Subsidiary Q4 24-25 Q4 23-24 Inc / Dec (%) ECL 18.22 17.55 4% BCCL 11.44 11.27 1% CCL 29.80 30.28 -2% NCL 34.10 32.25 6% WCL 24.02 25.52 -6% SECL 55.95 64.26 -13% MCL 64.15 60.55 6% NEC 0.02 0.08 -74% Overall CIL 237.69 241.76 -2%
Slide 14: Offtake (in Mill. Tonne)
OFFTAKE ( IN MILL. TONNE) Subsidiary Q4 24-25 Q4 23-24 Inc / Dec (%) ECL 14.62 14.57 0.34% BCCL 9.87 10.10 -2% CCL 22.62 22.45 1% NCL 35.31 32.52 9% WCL 19.82 20.35 -3% SECL 45.98 48.17 -5% MCL 53.09 53.40 -1% NEC 0.06 0.08 -22% Overall CIL 201.38 201.63 -0.13% 4
Slide 15: OBR (in Mill. CuM)
OBR ( IN MILL. CuM) Subsidiary Q4 24-25 Q4 23-24 Inc / Dec (%) ECL 56.37 55.42 2% BCCL 45.83 39.01 17% CCL 29.74 32.67 -9% NCL 126.15 139.69 -10% WCL 112.60 123.17 -9% SECL 108.08 84.59 28% MCL 96.89 83.31 16% NEC 0.70 0.89 -22% Overall CIL 576.36 558.75 3%
Slide 16: Financial Performance 2024-25
Financial Performance 2024-25
Slide 17: Major Highlights Q4 2024-25
Major Highlights Q4 2024-25 Net Sales Revenue from operations EBITDA 50,000 50,000 16,000 37,825 38,213 13,291 12,782 40,000 34,156 34,264 40,000 12,000 30,000 30,000 1% 4% 20,000 0.31% 20,000 8,000 10,000 10,000 4,000 Q4 2024-25 Q4 2023-24 Q4 2024-25 Q4 2023-24 Q4 2024-25 Q4 2023-24 EBITDA on Net S
Slide 18: Consolidated Financial Results Q4 24-25
Consolidated Financial Results Q4 24-25 ₹ Crores Particulars Q4 24-25 Q4 23-24 Inc/Dec Inc/Dec% Net Sales 34,156 34,264 -108 -0.31% Other Operating Revenue 3,668 3,950 -281 -7% Other Income 3,937 2,244 1,693 75% Total Income 41,762 40,458 1,304 3% Expenditure 29,057 28,950 107 0.37% PBT (without JV)
Slide 19: Major Highlights FY 2024-25
Major Highlights FY 2024-25 (₹ Crore) Net Sales Revenue from Operations EBITDA 1,75,000 75,000 1,26,957 1,30,326 1,43,369 1,44,762 51,640 51,793 1,25,000 1,25,000 50,000 3% 0.29% 75,000 75,000 1% 25,000 25,000 25,000 - FY 2024-25 FY 2023-24 FY 2024-25 FY 2023-24 FY 2024-25 FY 2023-24 EBITDA on Net S
Slide 20: Consolidated Financial Results FY 24-25
Consolidated Financial Results FY 24-25 ₹ Crores Particulars FY 24-25 FY 23-24 Inc/Dec Inc/Dec% Net Sales 1,26,957 1,30,326 -3,369 -3% Other Operating Revenue 16,412 14,437 1,975 14% Other Income 9,470 7,969 1,501 19% Total Income 1,52,839 1,52,732 107 0.07% Expenditure 1,06,335 1,04,346 1,989 2% PB
Slide 21: Break up of Expenditure FY 24-25
Break up of Expenditure FY 24-25 ₹ Crores Particulars FY 24-25 FY 23-24 Inc/Dec Inc/Dec% Cost of Materials Consumed 11,247 11,580 -333 -3% Changes in inventories -2,303 -1,522 -782 51% Employee Benefits Expense 46,249 48,783 -2,533 -5% Finance Costs 884 819 64 8% Depreciation, Amortization and Impai
Slide 22: Subsidiary wise Profit Before Tax FY 24-25
Subsidiary wise Profit Before Tax FY 24-25 ₹ Crores Subsidiary FY 24-25 FY 23-24 Inc/Dec Inc/Dec% ECL 301 213 88 41% BCCL 1,703 2,092 -389 -19% CCL 5,419 4,730 689 15% NCL 12,803 10,844 1,959 18% WCL 4,376 4,182 194 5% SECL 6,196 9,048 -2,852 -32% MCL 14,162 15,590 -1,428 -9% CMPDIL 882 733 149 20%
Slide 23: Subsidiary wise Profit After Tax FY 24-25
Subsidiary wise Profit After Tax FY 24-25 ₹ Crores Subsidiary FY 24-25 FY 23-24 Inc/Dec Inc/Dec% ECL 204 252 -47 -19% BCCL 1,240 1,564 -324 -21% CCL 4,040 3,661 378 10% NCL 9,583 8,318 1,265 15% WCL 3,215 3,245 -31 -1% SECL 4,487 6,877 -2,390 -35% MCL 10,825 11,842 -1,016 -9% CMPDIL 667 503 164 33%
Slide 24: Key Financial Ratios (FY 24-25)
Key Financial Ratios (FY 24-25) EBITDA on Net Sales Current Ratio FY 24-25 41% 31.03.25 1.49 FY 23-24 40% 31.03.24 1.70 Book Value Per Share (₹) Debt Equity Ratio 31.03.25 161 31.03.25 0.09 31.03.24 134 31.03.24 0.08
Slide 25: Sales
SALES FY 24-25 FY 23-24 Inc / Dec Inc / Dec % Net Sales (₹ Crore) 1,26,957 1,30,326 -3,369 -3% FY 24-25 FY 23-24 Inc/Dec Impact (₹ Cr) Remarks FSA Qty.(In Mill. Te) 666.46 670.41 -3.95 -608 Reduction in FSA Qty Price (In Rs./Te.) 1,514.03 1,536.20 -22.17 -1,478 Reduction in Per Tonne Realization Qty
Slide 26: Other operating income
Other operating income ₹ Crores 2024-25 2023-24 Inc / Dec Inc / Dec % 16,412 14,437 1,975 14% Reason of Variance Increase in STC : ₹ 642 Crore Due to revision in STC rates and increase in Despatch (1%) Inflated Mileage and Siding user charges of CCL and MCL : ₹ 433 Crore Increase in Reversal of
Slide 27: Other income
Other income ₹ Crore FY 2024-25 FY 2023-24 Inc / Dec Inc / Dec % 9,470 7,969 1,501 19% Reason of Variance i) Increase in interest income (including interest on income tax refund) : ₹ 780 Crore iii) Provision Write back (due to AMRCD decision on STC ₹ 990 Crore) : ₹ 1,303 Crore iv) Reduction in Misce
Slide 28: Cost of Material Consumed
Cost of Material Consumed ₹ Crore FY 2024-25 FY 2023-24 Dec Dec % 11,247 11,580 -333 -3% Reason of Variance 1) Reduction in Explosive Expenses : ₹ 213 Crore (Average rate FY 2024-25 – ₹ 40/kg & FY 2023-24 ₹ 45/kg) 2) Reduction in Oil & Lubricant Expenses : ₹ 315 Crore (Due to reduction in department
Slide 29: Employee Benefit expenses
Employee Benefit expenses ₹ Crore FY 2024-25 FY 2023-24 Inc / Dec Inc / Dec % 46,249 48,783 -2,533 -5% Reason of Variance I. Reduction in Salary & Wages (3%) : ₹ 1,364 Crore (Reduction in PRP provision : ₹ 503 Crore and Manpower by 4%) II. Decrease in Actuarial liability (including interest on Liabi
Slide 30: Depreciation & Amortisation
Depreciation & Amortisation ₹ Crore FY 2024-25 FY 2023-24 Inc / Dec Inc / Dec % 9,145 6,735 2,410 36% Reason of Variance i) Increase in Dep on Stripping Activity Assets: ₹ 1,901 Crore (Impairment of stripping assets in NCL: ₹ 1,086 Crore). ii) Increase in Amortisation Land Reclaim : ₹ 189 Crore (Rev
Slide 31: Stripping Activity Adjustment
Stripping Activity Adjustment ₹ Crore FY 2024-25 FY 2023-24 Inc / Dec Inc / Dec % -4,106 -3,700 -406 11% Reason of Variance Increase in improved access to Coal as per Current Ratio
Slide 32: Contractual expenses
Contractual expenses ₹ Crore FY 2024-25 FY 2023-24 Inc Inc / Dec % 31,812 27,440 4,372 16% Reason of Variance i. Increase in Outsourcing Expenses for Coal and OB : ₹ 3,423 Crore a) Price Variance (Increase in Rate by 11%): ₹ 2,315 Crore b) Quantity Variance : ₹ 1,108 Crore (Increase in Contractual C
Slide 33: Other expenses
Other expenses ₹ Crore FY 2024-25 FY 2023-24 Inc Inc / Dec % 13,407 14,210 -802 6% Reason of Variance i. Reduction - Rates & Taxes : ₹ 869 Crore ii. Reduction - Miscellaneous Expenses : ₹ 319 Crore iii. Increase - R&D Expense: ₹ 212 Crore, Repair & Maintenance : ₹ 170 Crore, Security Expense : ₹ 115
Slide 34: Financial Performance Q4 2024-25
Financial Performance Q4 2024-25
Slide 35: Major Highlights Q4 2024-25
Major Highlights Q4 2024-25 Net Sales Revenue from operations EBITDA 50,000 50,000 16,000 37,825 38,213 13,291 40,000 34,156 34,264 40,000 12,000 12,7 30,000 30,000 4% 82 0.31% 1% 8,000 20,000 20,000 10,000 10,000 4,000 Q4 2024-25 Q4 2023-24 Q4 2024-25 Q4 2023-24 Q4 2024-25 Q4 2023-24 EBITDA on Net
Slide 36: Consolidated Financial Results Q4 24-25
Consolidated Financial Results Q4 24-25 ₹ Crores Particulars Q4 24-25 Q4 23-24 Inc/Dec Inc/Dec% Net Sales 34,156 34,264 -108 -0.31% Other Operating Revenue 3,668 3,950 -281 -7% Other Income 3,937 2,244 1,693 75% Total Income 41,762 40,458 1,304 3% Expenditure 29,057 28,950 107 0.37% PBT (without JV)
Slide 37: Break up of Expenditure Q4 24-25
Break up of Expenditure Q4 24-25 ₹ Crores Particulars Q4 24-25 Q4 23-24 Inc/Dec Inc/Dec% Cost of Materials Consumed 3,481 3,362 120 4% Changes in inventories -3,104 -2,941 -163 6% Employee Benefits Expense 12,089 13,536 -1,447 -11% Finance Costs 241 232 9 4% Depreciation, Amortization and Impairment
Slide 38: Subsidiary wise Profit Before Tax Q4 24-25
Subsidiary wise Profit Before Tax Q4 24-25 ₹ Crores Subsidiary Q4 24-25 Q4 23-24 Inc/Dec Inc/Dec% ECL 234 (248) 482 Loss to Profit BCCL 64 412 -348 -84% CCL 843 867 -23 -3% NCL 3,367 1,714 1,653 96% WCL 1,663 1,560 103 7% SECL 2,592 2,548 44 2% MCL 3,514 4,022 -508 -13% CMPDIL 363 347 15 4% CIL Stan
Slide 39: Subsidiary wise Profit After Tax Q4 24-25
Subsidiary wise Profit After Tax Q4 24-25 ₹ Crores Subsidiary Q4 24-25 Q4 23-24 Inc/Dec Inc/Dec% ECL 168 (186) 355 Loss to Profit BCCL 67 206 -139 -68% CCL 655 805 -150 -19% NCL 2,557 1,404 1,153 82% WCL 1,189 942 247 26% SECL 1,897 2,031 -134 -7% MCL 2,602 2,846 -244 -9% CMPDIL 277 214 63 30% CIL S
Slide 40: Sales
SALES Q4 24-25 Q4 23-24 Inc / Dec Inc / Dec % Net Sales (₹ Crore) 34,156 34,264 -108 -0.31% Q4 24-25 Q4 23-24 Impact (₹ Inc/Dec Remarks Crore) FSA Qty.(In Mill. Te) 175.07 175.96 -0.89 -137 Reduction in FSA Qty. Increase in Per Tonne Price (In Rs./Te.) 1,547.26 1,535.39 11.87 208 Realization Qty.(In
Slide 41: Other operating income
Other operating income ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 3,668 3,950 -281 -7% Reason of Variance Increase in STC by : ₹ 286 Crore Due to increase in STC rates Decrease in Reversal of Stripping Activity Provision : ₹ 548 Crore
Slide 42: Other income
Other income ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 3,937 2,244 1,693 75% Reason of Variance i) Increase in Interest on Income Tax Refund : ₹ 1,683 Crore
Slide 43: Cost of Material Consumed
Cost of Material Consumed ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 3,481 3,362 120 4% Reason of Variance i) Increase in Explosive Cost : ₹ 152 Crore ii) Increase HEMM Spares & Other Consumables: ₹ 62 Crore iii) Reduction in Oil & Lubricants : ₹ 94 Crore
Slide 44: Employee Benefit expenses
Employee Benefit expenses ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 12,089 13,536 -1,447 -11% Reason of Variance Reduction in PRP provision : ₹ 431 Crore Reduction in Perks/Allowances : ₹ 256 Crore Reduction in Average Manpower : 4% (31 Mar 25 – 2.20 Laks, 31 Mar 24 – 2.29 Lakh) Re
Slide 45: Depreciation & Amortisation
Depreciation & Amortisation ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 2,782 1,892 889 47% Reason of Variance Increase in Amortisation Land Reclaim./Site Restor.Cost : ₹ 205 Crore (Revised MCP guidelines) Impairment of Stripping Activity Asset in NCL: ₹ 328 Crore Increase in Dep. due
Slide 46: Stripping Activity Adjustment
Stripping Activity Adjustment ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % -561 -741 179 -24% Reason of Variance Decrease in improved access to Coal : ₹ 179 Crore
Slide 47: Contractual expenses
Contractual expenses ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 9,499 7,988 1,512 19% Reason of Variance i. Increase in Outsourcing Expenses for Coal and Overburden : ₹ 1,145 Crore a) Price Variance (Increase in Rate by 12%): ₹ 809 Crore b) Quantity Variance (Increase in Contractual Composi
Slide 48: Other expenses
Other expenses ₹ Crore Q4 2024-25 Q4 2023-24 Inc / Dec Inc / Dec % 4,630 5,622 -992 18% Reason of Variance i. Reduction - Rates & Taxes : ₹ 804 Crore ii. Reduction - Miscellaneous Expenses : ₹ 417 Crore iii. Increase - Security Expense : ₹ 58 Crore, CSR: ₹ 73 Crore, Provision write off : ₹ 105 Crore
Slide 49: Gross Trade Receivables – Subsidiary wise
Gross Trade Receivables – Subsidiary wise ₹ Crore As on As on As on Incr / (Dec) Subsidiary 31.03.2025 31.03.2024 31.12.2024 Wrt 31.03.24 ECL 1,351 1,640 1,639 -290 BCCL 1,874 1,499 1,814 375 CCL 1,778 2,368 3,566 -590 NCL 1,911 1,410 3,239 501 WCL 3,375 4,548 4,270 -1,172 SECL 973 2,045 2,809 -1,07
Slide 50: Gross Trade Receivables – Customer wise
Gross Trade Receivables – Customer wise ₹ Crore As on As on Increase / Party 31.03.2025 31.03.2024 (Decrease) MAHAGENCO 3,362 3,935 -573 DVC 1,574 1,666 -92 NTPC 1,299 2,144 -845 APGENCO 1,121 759 362 RRVUNL 941 595 346 APPDCL 758 586 172 RINL 686 469 217 MPPGCL 674 1,341 -667 UPRVUNL 573 147 426 SA
Slide 51: Consolidated Sales Information
Consolidated Sales Information FY 24-25 FY 23-24 Avg Avg Net Sales Qty (Mill Net Sales Particulars Qty (Mill Te) Realization Realization (₹ (₹Crore) Te) (₹Crore) (₹ Per Ton) Per Ton) FSA 666.46 100903.94 1514.03 670.41 102989.14 1536.20 E-Auction 79.09 20100.20 2541.37 70.08 21488.08 3066.10 Sale of
Slide 52: Q4 Consolidated Sales Information
Q4 24-25 Q4 23-24 Avg Net Sales Avg Realization Net Sales Particulars Qty (Mill Te) Qty (Mill Te) Realization (₹ (₹Crore) (₹ Per Ton) (₹Crore) Per Ton) FSA 175.07 27,087.62 1547.26 175.96 27,016.78 1535.39 E-Auction 21.57 5,640.81 2618.08 22.41 5,743.82 2562.90 Total Raw Coal 196.64 32728.43 1664.73
Slide 53: FSA Coal Break up FY 2024-25
FSA COAL Break up FY 2024-25 FY 24-25 FY 23-24 Qty Rate Amount Qty Rate Amount Non Coking Coal Fuel Supply Agreement 469.17 1,362.01 63,901.61 478.08 1,366.17 65,313.45 (FSA) MOU sale 16.59 1,995.06 3,309.90 18 1,752.59 3,155.23 Linkage Auction (NRS) 63.39 1,648.84 10,451.67 65.23 1,730.30 11,287.18
Slide 54: FSA Coal Break up Q4 2024-25
FSA COAL Break up Q4 2024-25 Q4 2024-25 Q4 2023-24 Qty Rate Amount Qty Rate Amount Non Coking Coal Fuel Supply Agreement (FSA) 128.99 1,376.09 17,750.29 121.94 1,392.48 16,979.81 MOU sale 1.95 1,977.79 385.15 9.58 1,560.74 1,495.14 Linkage Auction (NRS) 17.48 2,016.78 3,526.33 18.51 2,058.37 3,810.5
Slide 55: Grade Wise Quantity Data
Grade Wise Quantity Data GRADE 2024-25 % of Total 2023-24 % of Total Inc/Dec G01 0.09 0% 0.04 0% 0.05 G02 0.28 0% 0.07 0% 0.21 G03 2.34 0% 2.73 0% -0.39 G04 19.92 3% 17.91 2% 2.01 G05 7.47 1% 7.49 1% -0.02 G06 7.98 1% 7.17 1% 0.81 G07 18.21 2% 15.89 2% 2.32 G08 52.23 7% 40.38 5% 11.85 G09 26.52 3% 2
Slide 56: Thank You
THANK YOU