On consolidated basis
Quarter ended December 2021 compared with Quarter ended December 2020.
Net sales
(including other operating income) of Coal India has increased 20.04% to Rs
28433.5 crore.
Operating profit margin has jumped
from 21.81% to 24.01%, leading to 32.15% rise in operating profit to Rs
6,825.48 crore. Raw material cost as a % of total sales (net of
stock adjustments) increased from 7.87% to 8.68%. Employee cost
decreased from 38.67% to 36.08%. Other expenses fell from 31.83% to
30.46%. Power and Oil fuel cost fell from 2.66% to 2.60%. Expenses
from contract rose from 17.99% to 18.86%.
Other income rose 0.66% to Rs 652.85
crore. PBIDT rose 28.64% to Rs 7478.33 crore. Provision
for interest fell 15.31% to Rs 131.61 crore.
PBDT rose 29.85% to Rs 7346.72
crore. Provision for depreciation rose 13.69% to Rs 1041.32 crore.
Profit before tax grew 32.97% to Rs
6,305.40 crore. Provision for tax was expense of Rs 1745.66 crore,
compared to Rs 1658.1 crore. Effective tax rate was 27.70% compared
to 34.96%.
Minority interest decreased 43.41%
to Rs -1.85 crore. Net profit attributable to owners of the company
increased 47.74% to Rs 4,558.39 crore.
Promoters’ stake was 66.13% as of 31
December 2021 ,compared to 66.13% as of 31 December 2020 .
Year-to-date (YTD) results analysis.
Net sales (including other operating
income) of Coal India has increased 21.60% to Rs 77006.73 crore.
Operating profit margin has jumped
from 19.25% to 20.27%, leading to 28.06% rise in operating profit to Rs
15,611.69 crore. Raw material cost as a % of total sales (net of
stock adjustments) increased from 7.97% to 8.44%. Purchase of
finished goods cost fell from 0.24% to 0.15%. Employee cost
decreased from 44.21% to 41.25%. Other expenses rose from 28.38% to
28.61%. Power and Oil fuel cost fell from 3.03% to 2.81%.
Expenses from contract rose from 17.62% to 18.24%.
Provisions writeoffs cost fell from 1.42% to 0.29%.
Other provisions fell from 1.42% to 0.29%.
Other income fell 16% to Rs 2115.58
crore. PBIDT rose 20.51% to Rs 17727.27 crore. Provision
for interest fell 13.40% to Rs 420.59 crore.
PBDT rose 21.67% to Rs 17306.68
crore. Provision for depreciation rose 15.09% to Rs 3016.32
crore.
Profit before tax grew 23.16% to Rs
14,290.36 crore. Share of profit/loss was 7,691.67% lower at Rs
-9.35 crore. Provision for tax was expense of Rs 3617.59 crore,
compared to Rs 3489.91 crore. Effective tax rate was 25.33% compared
to 30.08%.
Net profit attributable to owners of
the company increased 31.46% to Rs 10,665.16 crore.
Promoters’ stake was 66.13% as of 31
December 2021 ,compared to 66.13% as of 31 December 2020 .
Full year results analysis.
Net sales (including other operating income) of Coal India has declined 6.30%
to Rs 90026.01 crore.
Operating profit margin has declined
from 22.82% to 20.63%, leading to 15.27% decline in operating profit to Rs
18,573.44 crore. Raw material cost as a % of total sales (net of
stock adjustments) increased from 7.27% to 8.21%. Purchase of
finished goods cost rose from 0.06% to 0.31%. Employee cost
increased from 40.55% to 41.89%. Other expenses fell from 29.54% to
29.49%. Power and Oil fuel cost rose from 2.56% to 2.75%.
Expenses from contract rose from 14.32% to 17.35%.
Provisions writeoffs cost rose from 0.15% to 1.13%. Other
provisions rose from 0.15% to 1.13%.
Other income fell 37.88% to Rs
3792.38 crore. PBIDT fell 20.20% to Rs 22365.82
crore. Provision for interest rose 28.19% to Rs 644.69
crore. Loan funds declined from Rs 6,425.99 crore as of 31 March
2020 to Rs 5,875.30 crore as of 31 March 2021. Inventories rose to
Rs 8,947.47 crore as of 31 March 2021 from Rs 6,618.94 crore as of 31 March
2020. Sundry debtors were higher at Rs 19,623.12 crore as of 31
March 2021 compared to Rs 14,408.22 crore as of 31 March 2020. Cash
and bank balance declined from Rs 28,446.83 crore as of 31 March 2020 to Rs
17,310.30 crore as of 31 March 2021. Investments rose to Rs 5,950.23
crore as of 31 March 2021 from Rs 1,972.87 crore as of 31 March 2020
.
PBDT fell 21.08% to Rs 21721.13
crore. Provision for depreciation rose 7.48% to Rs 3708.92
crore. Fixed assets increased to Rs 52,763.12 crore as of 31 March
2021 from Rs 45,016.56 crore as of 31 March 2020. Intangible assets
increased from Rs 95.30 crore to Rs 131.93 crore.
Profit before tax down 25.18% to Rs
18,012.21 crore. Share of profit/loss was 153.85% lower at Rs -2.97
crore. Provision for tax was expense of Rs 5307.07 crore, compared
to Rs 7370.98 crore. Effective tax rate was 29.47% compared to
30.62%.
Net profit attributable to owners of
the company decreased 24.02% to Rs 12,699.89 crore.
Equity capital stood at Rs 6,162.73
crore as of 31 March 2021 to Rs 6,162.73 crore as of 31 March
2020. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 66.13% as of 31
March 2021 ,compared to 66.13% as of 31 March 2020 .
Cash flow from operating activities increased to
Rs 10,560.04 crore for year ended March 2021 from Rs 4,977.24 crore for year
ended March 2020. Cash flow used in acquiring fixed assets during
the year ended March 2021 stood at Rs 10,852.51 crore, compared to Rs 5,213.86
crore during the year ended March 2020.
| Coal India : Consolidated Results | | | Quarter ended | Year to Date | Year ended |
|---|
| Particulars | 202112 | 202012 | Var.(%) | 202112 | 202012 | Var.(%) | 202103 | 202003 | Var.(%) |
|---|
| Net Sales (including other operating income) | 28,433.50 | 23,686.03 | 20.04 | 77,006.73 | 63,325.87 | 21.60 | 90,026.01 | 96,080.34 | -6.30 | | OPM (%) | 24.01 | 21.81 | 220 bps | 20.27 | 19.25 | 102 bps | 20.63 | 22.82 | -218 bps | | OP | 6,825.48 | 5,164.80 | 32.15 | 15,611.69 | 12,191.33 | 28.06 | 18,573.44 | 21,920.85 | -15.27 | | Other Inc. | 652.85 | 648.59 | 0.66 | 2,115.58 | 2,518.40 | -16.00 | 3,792.38 | 6,105.40 | -37.88 | | PBIDT | 7,478.33 | 5,813.39 | 28.64 | 17,727.27 | 14,709.73 | 20.51 | 22,365.82 | 28,026.25 | -20.20 | | Interest | 131.61 | 155.41 | -15.31 | 420.59 | 485.67 | -13.40 | 644.69 | 502.92 | 28.19 | | PBDT | 7,346.72 | 5,657.98 | 29.85 | 17,306.68 | 14,224.06 | 21.67 | 21,721.13 | 27,523.33 | -21.08 | | Depreciation | 1041.32 | 915.93 | 13.69 | 3016.32 | 2620.82 | 15.09 | 3708.92 | 3450.84 | 7.48 | | PBT | 6,305.40 | 4,742.05 | 32.97 | 14290.36 | 11603.24 | 23.16 | 18012.21 | 24072.49 | -25.18 | | Share of Profit/(Loss) from Associates | -3.2 | 0.15 | PL | -9.35 | -0.12 | -7,691.67 | -2.97 | -1.17 | -153.85 | | PBT before EO | 6302.2 | 4742.2 | 32.90 | 14281.01 | 11603.12 | 23.08 | 18009.24 | 24071.32 | -25.18 | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 6302.2 | 4742.2 | 32.90 | 14281.01 | 11603.12 | 23.08 | 18009.24 | 24071.32 | -25.18 | | Taxation | 1745.66 | 1658.1 | 5.28 | 3617.59 | 3489.91 | 3.66 | 5307.07 | 7370.98 | -28.00 | | PAT | 4556.54 | 3084.1 | 47.74 | 10663.42 | 8113.21 | 31.43 | 12702.17 | 16700.34 | -23.94 | | Minority Interest (MI) | -1.85 | -1.29 | -43.41 | -1.74 | 0.1 | LP | 2.28 | -13.85 | PL | | Net profit | 4558.39 | 3085.39 | 47.74 | 10665.16 | 8113.11 | 31.46 | 12699.89 | 16714.19 | -24.02 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 4558.39 | 3085.39 | 47.74 | 10665.16 | 8113.11 | 31.46 | 12699.89 | 16714.19 | -24.02 | | EPS (Rs)* | 7.40 | 5.01 | 47.74 | 17.31 | 13.16 | 31.46 | 20.61 | 27.12 | -24.02 | | | * EPS is on current equity of Rs 6,162.73 crore, Face value of Rs 10, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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