On consolidated basis
Quarter ended March 2022 compared
with Quarter ended March 2021.
Net sales (including other operating income) of Coal India has increased 22.50%
to Rs 32706.77 crore.
Operating profit margin has jumped
from 24.11% to 27.76%, leading to 41.02% rise in operating profit to Rs
9,078.82 crore. Raw material cost as a % of total sales (net of
stock adjustments) increased from 8.76% to 9.53%. Purchase of
finished goods cost fell from 0.44% to 0.02%. Employee cost decreased
from 36.42% to 30.95%. Other expenses rose from 32.08% to 33.58%.
Power and Oil fuel cost fell from 2.08% to 1.73%.
Expenses from contract fell from 16.82% to 16.18%.
Provisions writeoffs cost fell from 0.40% to 0.06%.
Other provisions fell from 0.40% to 0.06%.
Other income rose 46.10% to Rs
1788.94 crore. PBIDT rose 41.83% to Rs 10867.76
crore. Provision for interest fell 22.78% to Rs 120.9
crore. Loan funds declined from Rs 5,884.23 crore as of 31 March
2021 to Rs 3,513.64 crore as of 31 March 2022. Inventories declined
from Rs 8,947.47 crore as of 31 March 2021 to Rs 7,075.68 crore as of 31 March
2022. Sundry debtors were lower at Rs 11,367.68 crore as of 31 March
2022 compared to Rs 19,623.12 crore as of 31 March 2021. Cash and
bank balance rose to Rs 29,179.45 crore as of 31 March 2022 from Rs 17,310.30
crore as of 31 March 2021. Investments rose to Rs 9,706.38 crore as
of 31 March 2022 from Rs 5,950.23 crore as of 31 March 2021 .
PBDT rose 43.18% to Rs 10746.86
crore. Provision for depreciation rose 28.74% to Rs 1412.35
crore. Fixed assets increased to Rs 55,411.52 crore as of 31 March
2022 from Rs 48,157.31 crore as of 31 March 2021. Intangible assets
declined from Rs 4,737.74 crore to Rs 4,162.58 crore.
Profit before tax grew 45.65% to Rs
9,334.51 crore. Provision for tax was expense of Rs 2620.27 crore,
compared to Rs 1817.16 crore. Effective tax rate was 28.07% compared
to 28.37%.
Minority interest increased 911.93%
to Rs 22.06 crore. Net profit attributable to owners of the company
increased 45.92% to Rs 6,692.94 crore.
Equity capital stood at Rs 6,162.73
crore as of 31 March 2022 to Rs 6,162.73 crore as of 31 March
2021. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 66.13% as of 31
March 2022 ,compared to 66.13% as of 31 March 2021 .
Full year results analysis.
Net sales (including other operating income) of Coal India has increased 21.87%
to Rs 109713.5 crore.
Operating profit margin has jumped
from 20.69% to 22.50%, leading to 32.53% rise in operating profit to Rs
24,690.51 crore. Raw material cost as a % of total sales (net of
stock adjustments) increased from 8.21% to 8.79%. Purchase of
finished goods cost fell from 0.31% to 0.10%. Employee cost
decreased from 41.78% to 37.89%. Other expenses rose from 29.54% to
30.23%. Power and Oil fuel cost fell from 2.73% to 2.46%.
Expenses from contract rose from 17.37% to 17.57%.
Provisions writeoffs cost fell from 1.10% to 0.16%.
Other provisions fell from 1.10% to 0.16%.
Other income rose 4.32% to Rs 3904.52
crore. PBIDT rose 27.81% to Rs 28595.03 crore. Provision
for interest fell 15.69% to Rs 541.49 crore. Loan funds declined
from Rs 5,884.23 crore as of 31 March 2021 to Rs 3,513.64 crore as of 31 March
2022. Inventories declined from Rs 8,947.47 crore as of 31 March
2021 to Rs 7,075.68 crore as of 31 March 2022. Sundry debtors were
lower at Rs 11,367.68 crore as of 31 March 2022 compared to Rs 19,623.12 crore
as of 31 March 2021. Cash and bank balance rose to Rs 29,179.45 crore
as of 31 March 2022 from Rs 17,310.30 crore as of 31 March
2021. Investments rose to Rs 9,706.38 crore as of 31 March 2022 from
Rs 5,950.23 crore as of 31 March 2021 .
PBDT rose 29.10% to Rs 28053.54
crore. Provision for depreciation rose 19.12% to Rs 4428.67
crore. Fixed assets increased to Rs 55,411.52 crore as of 31 March
2022 from Rs 48,157.31 crore as of 31 March 2021. Intangible assets
declined from Rs 4,737.74 crore to Rs 4,162.58 crore.
Profit before tax grew 31.16% to Rs
23,624.87 crore. Share of profit/loss was 189.23% lower at Rs -8.59
crore. Provision for tax was expense of Rs 6237.86 crore, compared
to Rs 5307.07 crore. Effective tax rate was 26.41% compared to
29.47%.
Minority interest increased 791.23%
to Rs 20.32 crore. Net profit attributable to owners of the company
increased 36.68% to Rs 17,358.10 crore.
Equity capital stood at Rs 6,162.73
crore as of 31 March 2022 to Rs 6,162.73 crore as of 31 March
2021. Per share face Value remained same at Rs 10.00.
Promoters’ stake was 66.13% as of 31
March 2022 ,compared to 66.13% as of 31 March 2021 .
Cash flow from operating activities
increased to Rs 41,087.51 crore for year ended March 2022 from Rs 10,560.04
crore for year ended March 2021. Cash flow used in acquiring fixed
assets during the year ended March 2022 stood at Rs 12,023.19 crore, compared
to Rs 10,852.51 crore during the year ended March 2021.
Dividend:
The Board of Directors have recommended a dividend of Rs 3/- per share of face
value Rs 10/-
| Coal India : Consolidated Results | | | Quarter ended | Year ended |
|---|
| Particulars | 202203 | 202103 | Var.(%) | 202203 | 202103 | Var.(%) |
|---|
| Net Sales (including other operating income) | 32,706.77 | 26,700.14 | 22.50 | 1,09,713.50 | 90,026.01 | 21.87 | | OPM (%) | 27.76 | 24.11 | 365 bps | 22.50 | 20.69 | 181 bps | | OP | 9,078.82 | 6,438.14 | 41.02 | 24,690.51 | 18,629.47 | 32.53 | | Other Inc. | 1,788.94 | 1,224.43 | 46.10 | 3,904.52 | 3,742.83 | 4.32 | | PBIDT | 10,867.76 | 7,662.57 | 41.83 | 28,595.03 | 22,372.30 | 27.81 | | Interest | 120.90 | 156.57 | -22.78 | 541.49 | 642.24 | -15.69 | | PBDT | 10,746.86 | 7,506.00 | 43.18 | 28,053.54 | 21,730.06 | 29.10 | | Depreciation | 1412.35 | 1097.03 | 28.74 | 4428.67 | 3717.85 | 19.12 | | PBT | 9,334.51 | 6,408.97 | 45.65 | 23624.87 | 18012.21 | 31.16 | | Share of Profit/(Loss) from Associates | 0.76 | -2.85 | LP | -8.59 | -2.97 | -189.23 | | PBT before EO | 9335.27 | 6406.12 | 45.72 | 23616.28 | 18009.24 | 31.13 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 9335.27 | 6406.12 | 45.72 | 23616.28 | 18009.24 | 31.13 | | Taxation | 2620.27 | 1817.16 | 44.20 | 6237.86 | 5307.07 | 17.54 | | PAT | 6715 | 4588.96 | 46.33 | 17378.42 | 12702.17 | 36.81 | | Minority Interest (MI) | 22.06 | 2.18 | 911.93 | 20.32 | 2.28 | 791.23 | | Net profit | 6692.94 | 4586.78 | 45.92 | 17358.1 | 12699.89 | 36.68 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 6692.94 | 4586.78 | 45.92 | 17358.1 | 12699.89 | 36.68 | | EPS (Rs)* | 10.86 | 7.44 | 45.92 | 28.17 | 20.61 | 36.68 | | | * 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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