As of 6 Nov 2026, Bharat Coking Coal trades at 242.8× trailing earnings, above the industry P/E of 18.7×, and the shares are 30% below their 52-week high. Sales grew 3.4% a year over 3 years while net profit fell 42%; its ROCE of 2.3% is the lowest among its 3 Coking Coal peers, though net profit is above operating profit, which points to a one-off gain. Debt is 0.43× equity. It is a small-cap company with a market cap of ₹14,578 Cr, the largest of 4 Coking Coal companies by market cap; the shares fell 23% over the past year.
- ₹31.79
- ₹31.87
- ₹30.88
- ₹31.37
- 51 L
Health check
- ReturnsWeak
−22.7% over the past year.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales +3.4%, profit −42.2% a year over 3 years.
- ProfitabilityWeak
ROCE 2.3%.
- Balance sheetStretched
Debt 0.43× equity, interest covered 3.0×, Piotroski 2 of 9.
- Red flags5 to check
Return on equity is low at 1.0%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹14,578 Cr
- Small cap
- P/E
- 242.8
- Industry 18.7
- Price to book
- 2.48
- Peers 4.44
- Dividend yield
- 0.00%
- ROE
- 1.0%
- Peers 8.5%
- ROCE
- 2.3%
- Peers 13.6%
- Debt to equity
- 0.43
- Debt ₹2,478 Cr
- EPS (TTM)
- ₹0.13
- Face value ₹10
- OPM (TTM)
- −7.5%
- Net margin 0.4%
- Sales growth
- +39.1%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.99
- EV/EBITDA −13.2
Strengths and risks
Strengths
- Quarterly sales up 39.1% on a year ago.
Risks to check
- Return on equity is low at 1.0%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- P/E of 242.8 against an industry P/E of 18.7.
- 30% below its 52-week high.
- Interest coverage of only −5.2×.
About Bharat Coking Coal
Bharat Coking Coal Limited produces and sells coal in India. The company offers coking coal, non-coking coal, and washed coking and power coal products, as well as rejects and slurries. Its products are used in power, steel, cement, fertilizer, and glass manufacturing applications. The company serves the power and non-power sectors. The company was incorporated in 1972 and is based in Dhanbad, India. Bharat Coking Coal Limited operates as a subsidiary of…
- Headquarters
- Dhanbad
- Employees
- 30,361
- Sector
- Basic Materials
- ISIN
- INE05XR01022
- Website
- bcclweb.in
Price range
- Avg volume (3M)
- 60.9 L
- 1-year return
- minus 22.7%
- From 52-week high
- minus 30.0%
Peers · Coking Coal
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BHARATCOALBharat Coking Coal | 31.56 | plus 0.61% | 14,697 | 242.8 | – | 2.3% | −7.5% | 0.43 | 3.4% | minus 22.7% |
| NCMLNilachal Carbo Metalicks | 102.00 | 0.00% | 254 | 24.1 | 13.3 | 13.6% | 6.8% | 0.35 | −9.0% | minus 7.3% |
| EMERGENTEmergent Industrial Solutions | 450.00 | plus 0.58% | 206 | 161.3 | 57.1 | 10.9% | 0.2% | – | 42.4% | minus 33.2% |
| STRATMONTStratmont Industries | 49.85 | plus 8.42% | 142 | 64.7 | 26.5 | 13.6% | 3.0% | 0.92 | 52.5% | minus 34.3% |
| Median of 3 peers | – | 0.58% | 206 | 64.7 | 26.5 | 13.6% | 3.0% | 0.64 | 42.4% | −33.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 3,720 | 3,173 | 3,283 | 3,587 | 4,413 | |
| – | – | – | minus 3.6% | +39.1% | |
| 3,628 | 3,658 | 3,768 | 3,778 | 4,337 | |
| 91.4 | −485 | −485 | −191 | 76 | |
| 2.5% | −15.3% | −14.8% | −5.3% | 1.7% | |
| 182 | 470 | 557 | 136 | 159 | |
| 26.2 | 33.8 | 52.2 | 48.3 | 48.7 | |
| 247 | −48.1 | 18.9 | −103 | 186 | |
| 28.5% | −10.3% | −44.0% | 33.9% | 33.4% | |
| 177 | −53 | 27.3 | −68.1 | 124 | |
| 0.38 | -0.11 | 0.06 | -0.15 | 0.27 |
Profit & loss
- Sales CAGR 3Y
- +3.4%
- Profit CAGR 3Y
- −42.2%
- EPS CAGR 3Y
- −41.9%
- ROE
- 1.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12,349 | 13,161 | 16,113 | 13,645 | |
| – | +6.6% | +22.4% | minus 15.3% | |
| 11,838 | 11,070 | 14,153 | 14,034 | |
| 511 | 2,091 | 1,960 | −389 | |
| 4.1% | 15.9% | 12.2% | −2.9% | |
| 372 | 388 | 391 | 1,080 | |
| 55.7 | 60.5 | 71.9 | 74.2 | |
| 302 | 334 | 581 | 478 | |
| 4.4 | 7.8 | 4.7 | 10.1 | |
| 530 | 2,092 | 1,703 | 149 | |
| −25.4% | 25.2% | 27.2% | 14.0% | |
| 665 | 1,564 | 1,240 | 128 | |
| – | +135.3% | minus 20.7% | minus 89.7% | |
| 1.43 | 3.36 | 2.66 | 0.28 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4,657 | 4,657 | 4,657 | 4,657 | |
| −853 | 665 | 1,806 | 1,122 | |
| 213 | 230 | 233 | 2,242 | |
| 9,296 | 9,176 | 10,588 | 12,565 | |
| 13,313 | 14,728 | 17,283 | 20,585 | |
| 4,726 | 5,611 | 6,820 | 7,935 | |
| 1,701 | 2,054 | 2,368 | 2,657 | |
| 0 | 0 | 0 | 0 | |
| 1,184 | 1,162 | 1,078 | 970 | |
| 5,702 | 5,901 | 7,018 | 9,023 | |
| 13,313 | 14,728 | 17,283 | 20,585 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,699 | 1,299 | 627 | −641 | |
| −1,706 | −1,484 | −823 | −310 | |
| −43 | −73.8 | 37.1 | 1,150 | |
| −50 | −259 | −159 | 200 | |
| −1,013 | −1,201 | −835 | −619 | |
| 686 | 98.1 | −208 | −1,259 | |
| – | – | −44.4 | −844 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 0.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.