Bharat Coking Coal Ltd
Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal.[1]
- Market Cap ₹ 17,855 Cr.
- Current Price ₹ 38.3
- High / Low ₹ 45.2 / 28.0
- Stock P/E 139
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 4.18 %
- ROE 2.10 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Earnings include an other income of Rs.1,279 Cr.
- Debtor days have increased from 53.2 to 76.6 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Consumable Fuels Coal
Part of BSE IPO Nifty IPO BSE Select IPO
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 6,567 | 10,128 | 12,624 | 14,246 | 13,803 | 13,645 | |
| 7,994 | 9,995 | 12,126 | 12,158 | 12,044 | 14,139 | |
| Operating Profit | -1,426 | 133 | 499 | 2,088 | 1,758 | -494 |
| OPM % | -22% | 1% | 4% | 15% | 13% | -4% |
| 180 | 452 | 393 | 406 | 598 | 1,279 | |
| Interest | 122 | 78 | 56 | 62 | 72 | 159 |
| Depreciation | 209 | 315 | 305 | 340 | 581 | 478 |
| Profit before tax | -1,577 | 191 | 530 | 2,092 | 1,703 | 149 |
| Tax % | -24% | 42% | -25% | 25% | 27% | 14% |
| -1,202 | 112 | 665 | 1,564 | 1,240 | 128 | |
| EPS in Rs | -258.21 | 23.97 | 142.75 | 335.94 | 266.31 | 0.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 3% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -42% |
| TTM: | -90% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 18% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4,657 | 4,657 | 4,657 | 4,657 | 4,657 | 4,657 |
| Reserves | -1,568 | -1,383 | -853 | 665 | 1,806 | 1,122 |
| 2,052 | 0 | 213 | 230 | 233 | 2,242 | |
| 7,288 | 7,892 | 9,654 | 9,533 | 10,944 | 12,565 | |
| Total Liabilities | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,585 |
| 2,303 | 2,499 | 3,079 | 3,615 | 4,502 | 5,273 | |
| CWIP | 1,390 | 1,466 | 1,300 | 1,368 | 1,617 | 1,874 |
| Investments | 0 | 0 | 80 | 267 | 0 | 0 |
| 8,736 | 7,201 | 9,212 | 9,836 | 11,521 | 13,438 | |
| Total Assets | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,585 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -2,303 | 3,300 | 1,699 | 1,299 | 796 | -641 | |
| 970 | -582 | -1,706 | -1,484 | -782 | -310 | |
| 1,930 | -2,150 | -43 | -74 | -132 | 1,150 | |
| Net Cash Flow | 597 | 569 | -50 | -259 | -118 | 200 |
| Free Cash Flow | -2,705 | 2,656 | 692 | 112 | 32 | -1,239 |
| CFO/OP | 158% | 2,511% | 344% | 68% | 66% | 167% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 167 | 37 | 36 | 34 | 49 | 77 |
| Inventory Days | 413 | |||||
| Days Payable | 338 | |||||
| Cash Conversion Cycle | 167 | 113 | 36 | 34 | 49 | 77 |
| Working Capital Days | -37 | -25 | -33 | 10 | 15 | -47 |
| ROCE % | 6% | 16% | 45% | 29% | 4% |
Insights
In beta| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Raw Coking Coal Production Million Metric Tonnes (MMT) |
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| Total Coal Production Million Metric Tonnes (MMT) |
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| Opencast Coal Production Million Metric Tonnes (MMT) |
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| Output per Manshift (OMS) Tonnes |
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| Overburden (OB) Removal Million Cubic Meters (MCuM) |
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| Raw Coal Off-take Million Metric Tonnes (MMT) |
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| Washed Coking Coal Production Million Metric Tonnes (MMT) |
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| Washery Capacity Utilization Percentage (%) |
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Extracted by Screener AI
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Ongoing Litigation Which Has Become Material
9h - Jharkhand High Court contempt order requires ₹39.83 crore deposit; total exposure about ₹48.11 crore.
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Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Disposal Of A Material Litigation Disclosed In The Offer Documents
2d - Jharkhand High Court disposed W.P. (Cr.) No. 652/2022 on June 30, 2026; no adverse direction to BCCL.
- Closure of Trading Window 3 Jul
-
Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Provisional Monthly Production Performance - June 2026
1 Jul - BCCL June 2026 raw coal production was 2.29 MT; Apr-Jun output was 6.56 MT.
-
Announcement under Regulation 30 (LODR)-Change in Management
1 Jul - BCCL announced three senior management changes effective 30.06.2026 after superannuation.
Concalls
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Feb 2026TranscriptAI SummaryPPT
Business Profile[1]
BCCL is engaged in mining, beneficiation (washing), and supply of coking coal, non-coking coal and washed coal, catering mainly to the steel and power sectors. It operates in the Jharia (Jharkhand) and Raniganj (West Bengal) coalfields and holds some of the largest prime coking coal reserves in the country.