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 ₹ 15,745 Cr.
- Current Price ₹ 33.8
- High / Low ₹ 45.2 / 28.0
- Stock P/E
- Book Value ₹ 12.4
- Dividend Yield 0.00 %
- ROCE 4.05 %
- ROE 1.91 %
- 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.
- Earnings include an other income of Rs.1,233 Cr.
- Debtor days have increased from 51.0 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 Nifty IPO BSE 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 6,567 | 10,128 | 12,624 | 14,246 | 15,917 | 13,645 | 12,911 | |
| 7,994 | 9,995 | 12,126 | 12,158 | 14,159 | 14,138 | 13,660 | |
| Operating Profit | -1,426 | 133 | 499 | 2,088 | 1,758 | -493 | -750 |
| OPM % | -22% | 1.3% | 4.0% | 15% | 11% | -3.6% | -6% |
| 180 | 452 | 393 | 406 | 598 | 1,279 | 1,233 | |
| Interest | 122 | 78 | 56 | 62 | 72 | 159 | 181 |
| Depreciation | 209 | 315 | 305 | 340 | 581 | 478 | 504 |
| Profit before tax | -1,577 | 191 | 530 | 2,092 | 1,703 | 149 | -201 |
| Tax % | -24% | 42% | -25% | 25% | 27% | 14% | |
| -1,202 | 112 | 665 | 1,564 | 1,240 | 128 | -117 | |
| EPS in Rs | -258.21 | 23.97 | 142.75 | 335.94 | 266.31 | 0.28 | -0.25 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 3% |
| TTM: | -14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -44% |
| TTM: | -91% |
| 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 | 12,839 | |
| Total Liabilities | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,859 |
| 2,303 | 2,499 | 3,079 | 3,615 | 4,502 | 5,326 | |
| 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 | 13,659 | |
| Total Assets | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,859 |
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 | 627 | -641 | |
| 970 | -582 | -1,706 | -1,484 | -823 | -310 | |
| 1,930 | -2,150 | -43 | -74 | 37 | 1,150 | |
| Net Cash Flow | 597 | 569 | -50 | -259 | -159 | 200 |
| Free Cash Flow | -2,705 | 2,656 | 692 | 112 | -138 | -1,239 |
| CFO/OP | 158% | 2,511% | 344% | 68% | 56% | 167% |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 167 | 37 | 36 | 34 | 42 | 77 |
| Inventory Days | 413 | |||||
| Days Payable | 338 | |||||
| Cash Conversion Cycle | 167 | 113 | 36 | 34 | 42 | 77 |
| Working Capital Days | -37 | -25 | -33 | 10 | 13 | -39 |
| 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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Announcement under Regulation 30 (LODR)-Change in Management
- Rajesh Kumar takes additional charge as Director (Human Resources) from 1 September 2026.
-
Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Provisional Monthly Production Performance - August 2026
- BCCL reported August 2026 raw coal production of 2.21 MT; progressive Apr-Aug output 11.21 MT.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Murlikrishna Ramaiah ceases as Director (Human Resources) and KMP from 31.08.2026 upon superannuation.
-
Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Intimation Of Fines Imposed By Stock Exchanges
- NSE and BSE levied ₹11.12 lakh each, inclusive of GST, for June 2026 LODR non-compliance.
-
Disclosure Under Regulation 30 Of SEBI (LODR), Regulations 2015- Stoppage Of Blasting Operations At New Akashkinaree Colliery (NAKC), Govindpur Area, BCCL
- DGMS withdrew blasting permission at NAKC; mining and blasting halted pending fresh approval.
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.