B
Bharat Coking Coal Ltd
BHARATCOAL NSE
Bharat Coking Coal Ltd
EnergyNSE: BHARATCOAL BSE: 544678 Consumable Fuels
Key Fundamentals
SmallcapCoalOil & GasMarket Cap
₹15,461 Cr
Volatility
Moderate
P/E Ratio
119.2
EBITDA
₹-494 Cr
Debt to Equity
0.04
Book Value
₹12.41
52W High
₹45.09
52W Low
₹29.74
Technical Indicators
Key Insights
Weaknesses
5- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Tax rate seems low
- Earnings include an other income of Rs.1,279 Cr.
- Debtor days have increased from 53.2 to 76.6 days.
Growth Rate
Revenue Growth
-5.25% ↘
Net Income Growth
-87.97% ↘
Cash Flow Change
-38.69% ↘
ROE
-34.73% ↘
ROCE
-28.96% ↘
EBITDA Margin (Avg.)
-120.23% ↘
Quarterly Results
| Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Depreciation | 104 | 260 | 101 | 127 | 150 |
| EPS in Rs | 91.26 | 14.28 | -0.11 | -0.05 | 0.06 |
| Expenses | 3,122 | 3,804 | 2,955 | 3,435 | 3,618 |
| Interest | 17 | 24 | 34 | 46 | 52 |
| Net Profit | 425 | 66 | -53 | -23 | 27 |
| OPM % | 15% | 2% | -15% | 1% | -10% |
| Operating Profit | 566 | 62 | -384 | 34 | -335 |
| Other Income | 69 | 286 | 470 | 70 | 557 |
| PBT | 515 | 64 | -48 | -69 | 19 |
| Sales | 3,688 | 3,866 | 2,572 | 3,469 | 3,283 |
| Tax % | 17% | -4% | 10% | -67% | -44% |
Profit & Loss
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Depreciation | 209 | 315 | 305 | 340 | 581 | 478 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS in Rs | -258 | 23.97 | 143 | 336 | 266 | 0.28 |
| Expenses | 7,994 | 9,995 | 12,126 | 12,158 | 12,044 | 14,139 |
| Interest | 122 | 78 | 56 | 62 | 72 | 159 |
| Net Profit | -1,202 | 112 | 665 | 1,564 | 1,240 | 128 |
| OPM % | -22% | 1% | 4% | 15% | 13% | -4% |
| Operating Profit | -1,426 | 133 | 499 | 2,088 | 1,758 | -494 |
| Other Income | 180 | 452 | 393 | 406 | 598 | 1,279 |
| PBT | -1,577 | 191 | 530 | 2,092 | 1,703 | 149 |
| Sales | 6,567 | 10,128 | 12,624 | 14,246 | 13,803 | 13,645 |
| Tax % | -24% | 42% | -25% | 25% | 27% | 14% |
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Borrowings | 2,052 | 0 | 213 | 230 | 233 | 2,242 |
| CWIP | 1,390 | 1,466 | 1,300 | 1,368 | 1,617 | 1,874 |
| Equity Capital | 4,657 | 4,657 | 4,657 | 4,657 | 4,657 | 4,657 |
| Fixed Assets | 2,303 | 2,499 | 3,079 | 3,615 | 4,502 | 5,273 |
| Investments | 0 | 0 | 80 | 267 | 0 | 0 |
| Other Assets | 8,736 | 7,201 | 9,212 | 9,836 | 11,521 | 13,438 |
| Other Liabilities | 7,288 | 7,892 | 9,654 | 9,533 | 10,944 | 12,565 |
| Reserves | -1,568 | -1,383 | -853 | 665 | 1,806 | 1,122 |
| Total Assets | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,585 |
| Total Liabilities | 12,429 | 11,166 | 13,671 | 15,085 | 17,640 | 20,585 |
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| CFO/OP | 158 | 2,511 | 344 | 68 | 66 | 167 |
| Financing | 1,930 | -2,150 | -43 | -74 | -132 | 1,150 |
| Investing | 970 | -582 | -1,706 | -1,484 | -782 | -310 |
| Operating | -2,303 | 3,300 | 1,699 | 1,299 | 796 | -641 |
| Free Cash Flow | -2,705 | 2,656 | 692 | 112 | 32 | -1,239 |
| Net Cash Flow | 597 | 569 | -50 | -259 | -118 | 200 |
Ratios
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash Conversion Cycle | 167 | 113 | 36 | 34 | 49 | 77 |
| Days Payable | — | 338 | — | — | — | — |
| Debtor Days | 167 | 37 | 36 | 34 | 49 | 77 |
| Inventory Days | — | 413 | — | — | — | — |
| ROCE % | — | 6% | 16% | 45% | 29% | 4% |
| Working Capital Days | -37 | -25 | -33 | 10 | 15 | -47 |
Documents
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Intimation Of Accident At Moonidih Washery Of BCCL
2 May - Accident at Moonidih Washery on 02 May 2026 killed four during slurry loading.
2 May - Accident at Moonidih Washery on 02 May 2026 killed four during slurry loading.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Dr. Punam Dubey, Chief Medical Officer, superannuated on 30.04.2026 and ceased as senior management.
1 May - Dr. Punam Dubey, Chief Medical Officer, superannuated on 30.04.2026 and ceased as senior management.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Shri Niladri Roy ceased as Director/KMP from 30.04.2026 on superannuation.
1 May - Shri Niladri Roy ceased as Director/KMP from 30.04.2026 on superannuation.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Provisional Monthly Production Performance
1 May - BCCL April 2026 raw coal production 1.99 MT, down 41.3% year-on-year.
1 May - BCCL April 2026 raw coal production 1.99 MT, down 41.3% year-on-year.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Rajeev Kumar Sinha takes additional charge as Director (Technical) Project & Planning, effective 01.05.2026.
1 May - Rajeev Kumar Sinha takes additional charge as Director (Technical) Project & Planning, effective 01.05.2026.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Intimation Of Accident At Moonidih Washery Of BCCL
2 May - Accident at Moonidih Washery on 02 May 2026 killed four during slurry loading.
2 May - Accident at Moonidih Washery on 02 May 2026 killed four during slurry loading.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Dr. Punam Dubey, Chief Medical Officer, superannuated on 30.04.2026 and ceased as senior management.
1 May - Dr. Punam Dubey, Chief Medical Officer, superannuated on 30.04.2026 and ceased as senior management.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Shri Niladri Roy ceased as Director/KMP from 30.04.2026 on superannuation.
1 May - Shri Niladri Roy ceased as Director/KMP from 30.04.2026 on superannuation.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Provisional Monthly Production Performance
1 May - BCCL April 2026 raw coal production 1.99 MT, down 41.3% year-on-year.
1 May - BCCL April 2026 raw coal production 1.99 MT, down 41.3% year-on-year.
Announcement under Regulation 30 (LODR)-Change in Management
1 May - Rajeev Kumar Sinha takes additional charge as Director (Technical) Project & Planning, effective 01.05.2026.
1 May - Rajeev Kumar Sinha takes additional charge as Director (Technical) Project & Planning, effective 01.05.2026.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Demand Notices Received From State Authorities Of Jharkhand And Interim Order Of Revisional Authority
16h - Jharkhand demand notices worth ₹17,344.46 crore challenged; revisional authority stayed coercive action on April 29, 2026.
16h - Jharkhand demand notices worth ₹17,344.46 crore challenged; revisional authority stayed coercive action on April 29, 2026.
Announcement under Regulation 30 (LODR)-Change in Management
13h - Shri Arun Kumar Oraon ceased as Independent Director from 30 April 2026 after completing tenure.
13h - Shri Arun Kumar Oraon ceased as Independent Director from 30 April 2026 after completing tenure.
Board Meeting Outcome for Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Outcome Of Board Meeting Dated 22.04.2026
22 Apr - Board approved FY26 audited results and revised washed coking coal prices effective 1 Apr 2026; waiver of discounts.
22 Apr - Board approved FY26 audited results and revised washed coking coal prices effective 1 Apr 2026; waiver of discounts.
Announcement under Regulation 30 (LODR)-Change in Management
13h - Anand Kumar appointed GM/HoD Material Management on 27 Apr 2026; Parthaasis Ram transferred.
13h - Anand Kumar appointed GM/HoD Material Management on 27 Apr 2026; Parthaasis Ram transferred.
Update on board meeting
17 Apr - Board meeting postponed from 18 Apr 2026 to 22 Apr 2026 for FY26 audited standalone results.
17 Apr - Board meeting postponed from 18 Apr 2026 to 22 Apr 2026 for FY26 audited standalone results.
Board Meeting Outcome for Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Outcome Of Board Meeting Dated 22.04.2026
5h - Board approved FY26 audited results and revised washed coking coal prices effective 1 Apr 2026; waiver of discounts.
5h - Board approved FY26 audited results and revised washed coking coal prices effective 1 Apr 2026; waiver of discounts.
Announcement under Regulation 30 (LODR)-Change in Management
3 Apr - BCCL announces transfer of GM Civil Suman Kumar; Sanjay Kumar Agarwal takes additional charge from 03.04.2026.
3 Apr - BCCL announces transfer of GM Civil Suman Kumar; Sanjay Kumar Agarwal takes additional charge from 03.04.2026.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Outcome Of Stoppage Of Mining Activities In ABOCP
3 Apr - Illegal stoppage halted ABOCP mine production and dispatch since 02.04.2026; FIR lodged and authorities informed.
3 Apr - Illegal stoppage halted ABOCP mine production and dispatch since 02.04.2026; FIR lodged and authorities informed.
Provisional Monthly Production Performance For The Month Of March 2026
1 Apr - Mar'26 coal production 4.42 Mt (+2%); Apr'25–Mar'26 35.52 Mt (-12.3%); off-take down.
1 Apr - Mar'26 coal production 4.42 Mt (+2%); Apr'25–Mar'26 35.52 Mt (-12.3%); off-take down.
Announcement under Regulation 30 (LODR)-Change in Management
31 Mar - GM (Mining/HRD) Anup Kumar Roy superannuated; ceased as senior management effective 31.03.2026.
31 Mar - GM (Mining/HRD) Anup Kumar Roy superannuated; ceased as senior management effective 31.03.2026.
Revision Of Modulated Price For Coking Coal And Washed Coal Products
31 Mar - Modulated prices for coking and washed coal increased 0.24% effective 01-Apr-2026 per WPI indexation.
31 Mar - Modulated prices for coking and washed coal increased 0.24% effective 01-Apr-2026 per WPI indexation.
Intimation For Change Of Corporate Identification Number (CIN) Of Bharat Coking Coal Limited.
20 Mar - Bharat Coking Coal updated CIN to L10101JH1972GOI000918 on MCA portal (20-Mar-2026).
20 Mar - Bharat Coking Coal updated CIN to L10101JH1972GOI000918 on MCA portal (20-Mar-2026).
Record Single Day Coal Booking Under Special Discount Scheme
19 Mar - Record single-day bookings of ~236,850 tonnes (Rail 180,000 across 45 rakes; Road 56,850) on 18-Mar-2026.
19 Mar - Record single-day bookings of ~236,850 tonnes (Rail 180,000 across 45 rakes; Road 56,850) on 18-Mar-2026.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Termination Of Contract Agreement With Loyabad Coalfields Private Limited.
13 Mar - 13-Mar-2026: Bharat Coking Coal terminates Loyabad mine reopening/development/operation contract.
13 Mar - 13-Mar-2026: Bharat Coking Coal terminates Loyabad mine reopening/development/operation contract.
Announcement under Regulation 30 (LODR)-Change in Management
11 Mar - BCCL reshuffles senior management: Gaikwad posted GM (Bastacolla), Qurashi GM (Security), Srivastava GM (Industrial Engineering), effective 11.03.2026.
11 Mar - BCCL reshuffles senior management: Gaikwad posted GM (Bastacolla), Qurashi GM (Security), Srivastava GM (Industrial Engineering), effective 11.03.2026.
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015 - Filing Of Complaint Case Against Senior Management Personnel
7 Mar - DGMS filed Govt of India vs Raj Kumar (CP No.706/2026) over 05.09.2025 Katras accident; court 25 Mar 2026.
7 Mar - DGMS filed Govt of India vs Raj Kumar (CP No.706/2026) over 05.09.2025 Katras accident; court 25 Mar 2026.
Announcement under Regulation 30 (LODR)-Change in Management
28 Feb - 28-Feb-2026: Madhup Kumar Seth appointed GM (Excavation); Arvind Kumar Sinha given additional GM (Mining/Industrial Engineering).
28 Feb - 28-Feb-2026: Madhup Kumar Seth appointed GM (Excavation); Arvind Kumar Sinha given additional GM (Mining/Industrial Engineering).
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015- Provisional Monthly Production Performance
1 Mar - Feb'26 raw coal 3.50 Mt; Apr'25-Feb'26 31.1 Mt, -14.0% YoY.
1 Mar - Feb'26 raw coal 3.50 Mt; Apr'25-Feb'26 31.1 Mt, -14.0% YoY.
Announcement under Regulation 30 (LODR)-Change in Management
2 Mar - Rajesh Kumar appointed CFO; Bani Parui retires; Debanuj Debnath appointed Company Secretary effective 01.03.2026.
2 Mar - Rajesh Kumar appointed CFO; Bani Parui retires; Debanuj Debnath appointed Company Secretary effective 01.03.2026.
Analysts/Institutional Investor Meet/Con. Call Updates
7 March 2026 - Analyst/Institutional meeting on Feb 6, 2026 hosted by Arihant Capital, 3:00–4:10pm virtual; no UPSI shared.
7 March 2026 - Analyst/Institutional meeting on Feb 6, 2026 hosted by Arihant Capital, 3:00–4:10pm virtual; no UPSI shared.
Analysts/Institutional Investor Meet/Con. Call Updates
7 March 2026 - Analyst/institutional investors meeting held March 6, 2026 03:00–04:10; Arihant Capital Markets attended; no UPSI.
7 March 2026 - Analyst/institutional investors meeting held March 6, 2026 03:00–04:10; Arihant Capital Markets attended; no UPSI.
Analysts/Institutional Investor Meet/Con. Call Updates
2 March 2026 - Unihealth to join Arihant Capital 'Bharat Connect' virtual investor conference March 6, 2026, 3:00pm IST.
2 March 2026 - Unihealth to join Arihant Capital 'Bharat Connect' virtual investor conference March 6, 2026, 3:00pm IST.
Press Release
23 February 2026 - First IVF twins born at UMC Victoria Hospital, Uganda announced Feb 23, 2026.
23 February 2026 - First IVF twins born at UMC Victoria Hospital, Uganda announced Feb 23, 2026.
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 January 2026 - UniHealth exempt from Regulation 27(2); not required to file corporate governance report for quarter ended 31.12.2025.
20 January 2026 - UniHealth exempt from Regulation 27(2); not required to file corporate governance report for quarter ended 31.12.2025.
Outcome of Board Meeting
16 February 2026 - Board appointed Deshna Jain as Company Secretary effective 01.03.2026; sold UHS Oncology shares for Rs.33,333; completion expected 31.03.2026.
16 February 2026 - Board appointed Deshna Jain as Company Secretary effective 01.03.2026; sold UHS Oncology shares for Rs.33,333; completion expected 31.03.2026.
Appointment
16 February 2026 - Appointed Ms. Deshna Jain CS effective 01-03-2026; approved sale of UHS Oncology shares, ceasing associate status.
16 February 2026 - Appointed Ms. Deshna Jain CS effective 01-03-2026; approved sale of UHS Oncology shares, ceasing associate status.
Sale or disposal
16 February 2026 - Unihealth Hospitals Limited has informed about Sale or disposal
16 February 2026 - Unihealth Hospitals Limited has informed about Sale or disposal
Concall - Feb 2026
Feb 2026
Concall - Nov 2023
Nov 2023
Concall - May 2024
May 2024
Concall - Nov 2024
Nov 2024
Concall - May 2025
May 2025
Concall - Nov 2025
Nov 2025
Rating update
31 Jul 2023 from crisil
31 Jul 2023 from crisil
Rating update
11 Sep 2024 from crisil
11 Sep 2024 from crisil
Rating update
18 Aug 2025 from crisil
18 Aug 2025 from crisil
Financial Year 2024
from nse
from nse
Financial Year 2025
from nse
from nse
Frequently Asked Questions about Bharat Coking Coal Ltd
What does Bharat Coking Coal Ltd do?
Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal.[1]
Where is Bharat Coking Coal Ltd (BHARATCOAL) listed?
Bharat Coking Coal Ltd is listed on the Indian stock exchanges. It is listed on NSE: BHARATCOAL and BSE: 544678. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Bharat Coking Coal Ltd belong to?
Bharat Coking Coal Ltd operates in the Energy sector within the Consumable Fuels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Bharat Coking Coal Ltd?
Bharat Coking Coal Ltd has a market capitalisation of approximately ₹15461.24 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Bharat Coking Coal Ltd?
The Price-to-Earnings (PE) ratio of Bharat Coking Coal Ltd is 119.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Bharat Coking Coal Ltd?
Over the past 52 weeks, Bharat Coking Coal Ltd has traded between a low of ₹29.74 and a high of ₹45.09. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Bharat Coking Coal Ltd on Tapetide?
On Tapetide, you can view Bharat Coking Coal Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1972, Bharat Coking Coal Limited (BCCL) is engaged in the production of coking coal, non-coking coal, and washed coal.[1]
Website bcclweb.in
CEO Mr. Manoj Kumar Agarwal
Employees 31,389
Listed 2026-01-19
Face Value ₹ 10
Issued Size 4,65,70,00,000