Coal India Ltd | Coal India Share Price Target (Detail Analysis)

After the discovery of coal people slowly understood its use of it and as time passed many machines were made by which coal was used for converting to another energy. So the businessmen started inventing Coal to dig it and made a company.

CIL is a special company called a Maharashtra company, a title given by the Indian government to certain state-owned companies. This title gives them special privileges to grow and become big players on the global stage. Only ten companies out of over three hundred state-owned companies have this title.

Coal India Share Price Prediction 2024

Most of the Indian stocks like COALINDIA have experienced an impressive Bull run in 2023. Coal India Ltd shares have rallied 22 per cent in 2024 so far and a solid 120 per cent in the last year on strong coal demand. In the first quarter of 2024, the market’s bullish sentiment will likely stay the same with some consolidation in the beginning few months.

Analysts largely share positive views on the PSU stock but their target prices in the range of Rs 450-500 suggest most positives are already in the price. The minimum share price target in 2024 for COALINDIA is expected to be ₹448.47 and the maximum price target for 2024 will be ₹533.87.

Coal india Share Price Prediction 2025

The County’s maximum quantity of coal is supplied by Coal India. Coal India has a focus on volume growth to meet the increasing demand for coal in the power sector amid the government’s strong push to ensure a reliable 24×7 electricity supply, the brokerage said in its note.

According to some sources, the company is expected to sell around 88mt through e-auctions in FY26, so we expect that Coal India’s share price target for 2025, should be in the range of ₹500-₹550.

Coal India Share Price Prediction 2030

As time passes the population of our county is increasing day by day, resulting the increasing in high demand for electricity. We know that coal is the main fuel to produce electricity in thermal plants. Also according to the source coal India is expected to grow at 1.1x GDP and reach 1,750bu of power generation in FY24. The expert believes the price will probably be between ₹800 and ₹900 in 2030.

Coal India Share Price Target  2024, 2025, 2030, 2040,2050

From 2040, the demand for coal will be the same as today. The amount of coal traded between countries will gradually increase until 2050. But after that people will start using other, cheaper and less polluting energy sources like gas and renewable substances to replace coal, as it harms too much environment one thing is to remember that after 2040, the use of coal may go up again especially in industries and in making electricity in certain Asian countries.

Should i buy Coal India stock?

The county is focusing more on the less polluting substances to gain energy and coal is one of the high-pollutant substances by which we get electric energy. In the Future government plans to replace the use of coal with other sources but from now to 2050 the use of coal will be going up and up so you can hold or you can buy the coal India stock for the features because the electricity demand is increasing day by day. To fulfill its need there is only coal which fulfills the need for now, later it will be replaced but it has time to be replaced, so the answer is strong yes, you should buy the coal India stock for 15 to 20 years.

Price Prediction of Coal India Ltd. from 2024 to 2027

YearFirst TargetSecond Target
2024Rs 350Rs 370
2025Rs 400Rs 440
2026Rs 480Rs 530
2027Rs 600Rs 640

Coal India Ltd earning results

Updated on 27th march 2024

Revenue38152.34
Total Revenue38152.34
Cost of Revenue Total25833.83
Gross Profit12318.51
Selling/ General/ Admin Expenses Total1039.07
Depreciation/ Amortization1342.48
Other Operating Expenses Total4381.30
Total Operating Expense32596.68
Operating Income5555.66
Interest Inc( Exp) Net- Non- Op Total-1234.10
Other Net2210.02
Net Income Before Taxes7642.27
Provision for Income Taxes2114.65
Net Income After Taxes5527.62
Minority Interest5.61
Net Income Before Extra Items5533.23
Net Income5533.23
Income Available to Com Excl Extra Ord5533.23
Income Available to Com Incl Extra Ord5533.23
Diluted Net Income5533.23
Diluted Weighted Average Shares616.07
Diluted EPS Excluding Extra Ord Items8.98
DPS- Common Stock Primary Issue4.00
Diluted Normalized EPS8.98

Expert forecasts on the future of Coal India Ltd.

Today people are aware of the environment and how coal is affecting our atmosphere. But also we can’t ignore that coal is the cheap resource which gives us electricity. We have the alternative of coal to produce electricity by wind, solar energy, and more but it has time to come up in a wide range of the country. So for 20 to 30 years, the use of coal will rise up and up So you can plan accordingly.

is Coal India stock good to buy? (bull case & bear case)

More people might start using renewable energy instead of coal, which could hurt Coal India’s sales. Some investors might also decide not to invest in Coal India because of environmental or social reasons.

Whether Coal India stock is a good buy depends on various factors, including your investment goals, risk tolerance, and the current market conditions. Let’s break down the bull case and the bear case:

Coal India is expecting to see growth in its volume sales, which could lead to increased revenue and profits.

They also maintain strong profit margins and generate free cash, which can be positive indicators for investors.

The stock is transitioning into a more comprehensive value-creation story, which may appeal to investors seeking long-term growth opportunities.

Bull case valuation suggests potential for significant upside, with a price target of ₹660.

There are risks associated with the faster adoption of renewable energy sources, which could reduce demand for coal and negatively impact Coal India’s sales and profits.

Concerns about environmental, social, and governance (ESG) issues could lead some investors to avoid or divest from coal-related companies, including Coal India.

Bear case valuation suggests a potential downside, with a price target of ₹330.

Conclusion

So we have discussed all the aspects which you should know before trading in Coal India Ltd. We have shared the revenue details, the features of this stock and how it can behave in the coming year with strong reasons. Also, we provided the bull and bear case, so you go through it which will help you to buy it or not.

FAQs

Yes

Coal India Limited has historically been profitable due to its huge coal production and sales. The maximum electricity produced by the thermal plant which uses coal, so yes it is a profitable company till now.

We have discussed above that yes coal affects our environment but we can’t stop using it at once, alternative sources are available but it takes time to replace it.

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