Coal India has announced a uniform levy of ₹300 per tonne across all mines operated by its subsidiary, Northern Coalfields Ltd (NCL). This new charge will come into effect from May 1, 2025.
The move has been approved by the CIL board and is expected to generate additional revenue of approximately ₹3,877.50 crore. The uniform levy aims to standardize charges across NCL’s mining operations and support various infrastructural and resettlement initiatives.
The levy, named the “Singrauli Punarasthapan Charge,” will be imposed over and above the notified coal prices. This was confirmed in a regulatory filing with stock exchanges, ensuring transparency in the pricing structure for coal consumers.
The introduction of this levy aligns with CIL’s broader strategy to streamline coal pricing mechanisms and generate additional funds for operational enhancements and rehabilitation projects. The uniform levy is expected to impact coal buyers, including power plants and industrial users, who will now have to factor in the additional charge in their procurement costs.
On February 28, 2025, Coal India share price traded 2.02% higher at ₹371.20 at 9:16 AM (IST). Coal India’s share price reached a 52-week high of ₹544.70, and a 52-week low of ₹349.20. As per BSE, the total traded volume for the stock stood at 0.26 lakh shares with a turnover of ₹95.52 lakhs.
At the current price, Coal India shares are trading at a price-to-earnings (P/E) ratio of 13.27x, based on its trailing 12-month earnings per share (EPS) of ₹27.92, and a price-to-book (P/B) ratio of 12.99, according to exchange data.
As of December 31, 2024, Coal India promoters held 63.13% of the shares, Foreign Institutional Investors (FIIs) owned 8.58%, and Domestic Institutional Investors (DIIs) held 22.59%.
In Q3 FY25, the total income stood at ₹37,923 crore, marking a slight decline of ₹434 crore (1%) from ₹38,357 crore in Q3 FY24.
The profit after tax (PAT) was ₹8,491 crore, down by ₹1,801 crore (17%) compared to ₹10,292 crore in the same quarter of the previous year.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Feb 28, 2025, 9:27 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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