Coal India Limited: IPO, Financial Performance, and Investment Insights
Coal India Limited (CIL) is a Maharatna Public Sector Undertaking under the Ministry of Coal, Government of India. It is the single largest coal producer in the world and one of the largest corporate employers with a workforce of over 270,000 employees.
Coal India Limited IPO Launch
Coal India Limited launched its Initial Public Offering (IPO) on October 18, 2010. The IPO was priced at ₹245-₹260 per share. The issue was oversubscribed more than 15 times due to its huge demand in the market, reflecting the investor’s confidence in the public sector.
Current Share Price and Market Performance
As of the latest data, the Current Share Price of Coal India Limited (CIL) stands at approximately ₹210. However, share prices are subject to market fluctuations and it is advisable to check real-time updates from financial news sources or stock market applications.
Products and Services Offered by Coal India Limited
Coal India Limited primarily produces non-coking coal and coking coal, majorly catering to power generation and steel sectors respectively. The company also engages in mining and production of Coal Bed Methane (CBM) and has diversified into the energy sector.
Financial Performance
Coal India Limited’s financial performance has been robust with consistent revenue growth. As per the latest reports:
- Revenue: ₹1,00,000 Crores (approx.)
- Profit After Tax: ₹14,500 Crores (approx.)
- EBITDA: ₹28,000 Crores (approx.)
- Total Assets: ₹1,50,000 Crores (approx.)
The financially stable and consistent performance underpins the company’s dominance in the coal sector.
Investment Insights: What If You Invested ₹10,000 Five Years Ago?
If you had invested ₹10,000 in Coal India Limited five years ago, let’s analyze its potential worth today. Five years back, in 2018, the average share price was approximately ₹280. With investment amounting to ₹10,000, you could have acquired around 35 shares.
Given the current share price of ₹210, the value of these 35 shares would be:
35 shares x ₹210 = ₹7,350
While this indicates a decrease, it is essential to consider the cumulative dividends paid during this period, which enhance the actual return on investment.
Note: These values are approximate and actual returns would vary based on market conditions and dividend distributions.