Coal India Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Coal India Share Price Prediction, Coal India Share Price Forecast
Coal India Share Price Target 2023, 2024, 2025, 2026, 2027, 2030, 2040, 2050, Coal India Share Price Prediction, Coal India Share Price Forecast

Coal India Share Price Target 2023, 2024, 2025, 2027, 2030

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Coal India Limited (CIL) is the largest coal mining company in India, providing a significant portion of the country’s energy requirements. With its extensive reserves, advanced operations, and sustainable practices, CIL has become a key player in the Indian energy sector. Coal India Limited, established in 1975, is a public sector undertaking responsible for the exploration, production, and distribution of coal in India. It operates under the Ministry of Coal and is headquartered in Kolkata, West Bengal. CIL’s primary objective is to meet the increasing energy demands of the country and ensure the availability of coal for various industries. In this article we will discuss about Coal India Share Price Target 2023, 2024, 2025, 2027, 2028, 2029, 2030.

Business Model of Coal India Limited

Coal India Limited operates on a business model primarily focused on coal mining and related activities. Here is an overview of the business model of Coal India Limited:

  1. Coal Production: Coal India Limited is responsible for the exploration, extraction, and production of coal in India. It operates numerous coal mines across different regions of the country.
  2. Coal Reserves: The company holds significant coal reserves in various coalfields in India. These reserves act as the foundation for its coal production and supply.
  3. Supply Chain Management: Coal India Limited manages the entire supply chain, from coal production to transportation and delivery. It ensures a steady supply of coal to various sectors such as power, steel, cement, and other industries.
  4. Sales and Distribution: The company sells coal through e-auctions and supply agreements to customers, including power plants, industrial units, and traders. It operates through different subsidiaries and marketing channels to ensure efficient distribution.
  5. Long-Term Contracts: Coal India Limited enters into long-term fuel supply agreements with power utilities, ensuring a steady demand for coal and revenue stability.
  6. Cost Optimization: The company focuses on cost optimization through efficient mining practices, technological advancements, and economies of scale. It continuously explores ways to reduce costs and improve operational efficiency.
  7. Research and Development: Coal India Limited invests in research and development activities to improve coal mining techniques, optimize resource utilization, and reduce environmental impact. It aims to adopt sustainable mining practices and explore alternative energy sources.
  8. Corporate Social Responsibility (CSR): The company actively engages in CSR initiatives, including community development, education, healthcare, and environmental conservation. It strives to create a positive impact on the communities and regions where it operates.
  9. Diversification: Coal India Limited explores diversification into related sectors such as renewable energy, coal washing, and coal-to-liquid projects. This allows the company to adapt to changing market dynamics and explore sustainable business opportunities.
  10. Government Collaboration: As a government-owned company, Coal India Limited collaborates closely with various government entities, including the Ministry of Coal and state governments, to align its operations with national energy policies and regulations.

Shareholding of Coal India Limited

Shareholders NameNo. of Shares%Shareholding
Total Share6162728327100%
Foreign Institutions4829685317.84%
Banks & Mutual Funds5366572108.71%
Central Govt58170320.09%
Central Public2377003113.86%
Financial Institutions76012520212.33%

Coal India Share

Coal India Limited Share listed on the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE).
As of May 26, 2023, Coal india’s share price on the NSE was INR 241/-, Coal india Share 52 week high at Rs. 263.40/- & 52 week low Rs. 175.75/-. The P/E Ratio of Coal india’s Share is 5.27.

Company NameCoal India limited
Key PersonPramod Agarwal
Market Cap148213 Crores INR
Revenue1950.51 Crore Rs
Official WebsiteClick Here
Coal India Limited Share Price Details

Coal India Share Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050

YearFirst TargetSecond Target
Coal India Limited Share Price List

Note:- “That these share price targets for “Coal India Share” are only provided for the purpose of reference and that this prediction will only hold true in the event that there is optimism in the market. Any uncertainties regarding the company or the current state of the global market will not be addressed in this analysis.”

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Annual Result Summary of Coal India Limited

Here is a summary of Coal India’s annual results for the financial year 2022-2023:

  1. Revenue: Coal India’s revenue for the year ended March 31, 2022, was INR 16503.14 crore, which represents a growth of 32.14% compared to the previous year.
  2. Net profit: The company’s net profit for the year was  INR 14802.31 crore, which represents a growth of 72.31% compared to the previous year.
  3. Earnings per share (EPS): The earnings per share for the year was INR 24.02, which represents a growth of 21.12% compared to the previous year.
  4. Margin: Profit Margin 14.24%.

Coal India Share Price Target 2023

CIL is responsible for the majority of coal production in India. It operates through its subsidiaries spread across various coalfields in the country. These subsidiaries are responsible for coal mining, exploration, and production.
Coal India share price target 2023 are as follows –

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Coal India Share Price Target 2024

Coal India Limited has vast coal reserves in India. It primarily operates in major coal-producing states such as Jharkhand, Odisha, West Bengal, Madhya Pradesh, and Chhattisgarh. The company plays a crucial role in meeting India’s energy needs by supplying coal to various sectors, including power generation, steel, cement, and others.
Coal India share price target 2024 are as follows –

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Coal India Share Price Target 2025

Coal India Limited is focusing on modernizing its existing coal mines and exploring new avenues. The company aims to adopt state-of-the-art technologies, improve operational efficiency, and diversify into areas such as coal gasification, coal-bed methane extraction, and renewable energy projects.
Coal India share price target 2025 are as follows –

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Coal India Share Price Target 2026

Coal India Limited recognizes the importance of technological advancements to enhance operational efficiency and environmental sustainability. The company actively explores and adopts innovative technologies in its mining and processing operations. This includes the use of advanced machinery, automation, and digitization to improve productivity, safety, and reduce environmental impact.
Coal India share price target 2026 are as follows –

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Coal India Share Price Target 2027

Coal India Limited has focused on adopting sustainable mining practices. It emphasizes the efficient utilization of resources, reclamation of mined areas, and implementation of waste management strategies. The company actively invests in research and development to explore cleaner and greener technologies for coal extraction and processing.
Coal India share price target 2027 are as follows –

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Coal India Share Price Target 2028

Coal India Limited is a significant contributor to employment generation in India. The company provides direct employment to a large workforce, comprising skilled and unskilled workers. Additionally, CIL’s operations create indirect employment opportunities in associated industries and local communities.
Coal India share price target 2028 are as follows –

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Coal India Share Price Target 2029

Coal India Limited faces the challenge of increasing competition from renewable energy sources. As the world transitions towards cleaner and greener alternatives, the demand for coal may decrease. To tackle this challenge, CIL is exploring opportunities in renewable energy sectors and diversifying its operations to remain relevant in the changing energy landscape.
Coal India share price target 2029 are as follows –

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Coal India Share Price Target 2030

Coal India Limited’s operations contribute significantly to the Indian economy by generating substantial revenue. The sale of coal and related products generates income for the company, which further contributes to tax revenue for the government. This revenue is utilized for various developmental projects and welfare programs.
Coal India share price target 2030 are as follows –

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Joint Venture & Subsidiaries of Coal India Limited (CIL)

Coal India Limited (CIL) has several joint ventures and subsidiaries. These joint ventures and subsidiaries play a crucial role in the coal mining and related activities. Here are some notable ones:

a. Eastern Coalfields Limited (ECL): ECL operates coal mines in West Bengal and Jharkhand.
b. Bharat Coking Coal Limited (BCCL): BCCL is responsible for coking coal mining operations in Jharkhand and West Bengal.
c. Central Coalfields Limited (CCL): CCL operates coal mines in Jharkhand.
d. Northern Coalfields Limited (NCL): NCL is responsible for coal mining in Madhya Pradesh and Uttar Pradesh.
e. Mahanadi Coalfields Limited (MCL): MCL operates coal mines in Odisha.
f. South Eastern Coalfields Limited (SECL): SECL is responsible for coal mining operations in Chhattisgarh and Madhya Pradesh.
g. Western Coalfields Limited (WCL): WCL operates coal mines in Maharashtra and Madhya Pradesh.

Joint Ventures:

a. International Coal Ventures Private Limited (ICVL): ICVL is a joint venture between CIL, Steel Authority of India Limited (SAIL), National Thermal Power Corporation (NTPC), Rashtriya Ispat Nigam Limited (RINL), and National Minerals Development Corporation (NMDC). ICVL aims to acquire coal assets abroad.

b. Hindustan Urvarak & Rasayan Limited (HURL): HURL is a joint venture between CIL, NTPC, and Indian Oil Corporation Limited (IOCL). It focuses on the production of fertilizers and chemicals using coal gasification technology.

c. Talcher Fertilizers Limited (TFL): TFL is a joint venture between CIL, GAIL (India) Limited, RCF Limited, and Fertilizer Corporation of India Limited. TFL aims to produce urea and other fertilizer products using coal gasification technology.

Dividends History of Coal India Limited

Here is a brief overview of Coal India’s dividend history over the past few years:

  • In 2023, Company declared a final dividend of Rs. 24.25 per share.
  • In 2022, Company declared a final dividend of Rs. 15 per share.
  • In 2021, Company declared a final dividend of Rs. 3 per share.
  • In 2020, Company declared a final dividend of Rs. 5 per share.

Future of Coal India Share

Here are some potential aspects that could shape the future of Coal India Limited:

  1. Transition to Renewable Energy: There is a global shift towards renewable energy sources to mitigate climate change and reduce greenhouse gas emissions. This transition could impact the demand for coal, including thermal coal, which is primarily produced by CIL. As countries increase their reliance on renewable energy, the demand for coal may decline, posing challenges for CIL’s business model.
  2. Environmental Regulations: Governments worldwide are implementing stricter environmental regulations to reduce pollution and combat climate change. Such regulations may impact the coal industry, including CIL, by imposing emissions limits, promoting clean energy alternatives, and encouraging cleaner coal technologies. Compliance with these regulations could require significant investments in technology and infrastructure for CIL.
  3. Diversification Efforts: To adapt to changing market dynamics, CIL may continue its efforts to diversify beyond coal mining. The company has already shown interest in renewable energy, such as solar and wind power. Diversification into other sectors or the development of cleaner coal technologies could help CIL remain relevant in a transitioning energy landscape.
  4. Technological Advancements: Advancements in technology, such as improved mining techniques, automation, and artificial intelligence, can enhance the efficiency and safety of coal mining operations. CIL could leverage these technologies to optimize production, reduce costs, and improve worker safety.
  5. International Market Opportunities: While the domestic demand for coal in India may face challenges due to environmental concerns and energy transitions, there could still be opportunities for CIL in international markets. The demand for coal continues to exist in various parts of the world, particularly in developing economies. CIL could explore export opportunities to sustain its operations.
  6. Government Support: The Indian government plays a significant role in the coal sector, and its policies and support can influence the future of CIL. The government’s commitment to energy security, economic growth, and employment generation will determine its approach towards the coal industry, including CIL. Supportive policies, investments in infrastructure, and technological innovation could shape the future trajectory of CIL.

Risk of Coal India Limited Share

Coal India Limited (CIL) faces several risks that can impact its operations and future prospects. Here are some key risks associated with CIL:

  1. Declining Coal Demand: The global shift towards renewable energy and increasing concerns about climate change pose a significant risk to CIL’s coal demand. As countries transition away from coal and adopt cleaner energy sources, the demand for coal, including thermal coal produced by CIL, may decline. This can impact CIL’s revenue and profitability.
  2. Environmental Regulations and Compliance: Stricter environmental regulations imposed by governments to reduce pollution and greenhouse gas emissions can significantly impact CIL’s operations. Compliance with these regulations may require substantial investments in cleaner technologies, emissions reduction measures, and environmental remediation, potentially increasing costs for the company.
  3. Price Volatility: Coal prices are subject to market fluctuations, which can impact CIL’s financial performance. Factors such as changes in global energy markets, demand-supply dynamics, geopolitical tensions, and policy decisions can lead to price volatility, affecting CIL’s revenue and profitability.
  4. Infrastructure Constraints: Transportation infrastructure, including railways and ports, is crucial for CIL to deliver coal to customers. Infrastructure constraints, such as inadequate railway capacity, logistical bottlenecks, or delays in port operations, can disrupt coal transportation and impact CIL’s production and sales.
  5. Technological Disruptions: Technological advancements and automation can improve efficiency and safety in coal mining operations. However, they can also disrupt the industry and lead to job losses. CIL needs to adapt and invest in new technologies to remain competitive and mitigate the risk of being surpassed by more technologically advanced mining companies.
  6. Labor Relations and Strikes: CIL employs a significant number of workers, and labor relations can impact its operations. Strikes, labor disputes, or challenges in managing a large workforce can disrupt production, leading to financial losses and operational inefficiencies.
  7. Competition and Market Dynamics: CIL faces competition from domestic and international coal producers. Market dynamics, including changes in market share, pricing, and customer preferences, can impact CIL’s competitiveness and market position. The company needs to continually innovate and adapt to evolving market conditions.
  8. Legal and Regulatory Risks: Changes in mining laws, licensing requirements, environmental regulations, and other legal and regulatory frameworks can create uncertainty and pose risks to CIL’s operations. Non-compliance with applicable laws and regulations can lead to penalties, fines, or legal challenges.
  9. Geopolitical and Policy Risks: Geopolitical factors, policy changes, and government interventions can impact the coal industry. Changes in trade policies, import-export regulations, taxation policies, or shifts in government priorities can affect CIL’s operations, market access, and profitability.

FAQs –

What is the Share Price of Coal India?

Share price of Coal India is Rs.241/-

What is the target of Coal India share 2023?

As per our analysis share price target of coal india for year 2023 will be Rs.280 to Rs.290.

What is the target price of Coal India share in future?

Future Target price of Coal india share is Rs.300/- for more details kindly check list above in this article.

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