Financial Performance Snapshot
Bharat Coking Coal has reported a mixed financial performance over recent periods, reflecting volatility in coal demand, pricing, and cost structures.Key Financials
| Particulars | Six months ended Sept 30, 2025 | Six months ended Sept 30, 2024 | FY ended March 31, 2025 | FY ended March 31, 2024 | FY ended March 31, 2023 |
|---|---|---|---|---|---|
| Equity share capital | 46,570.00 | 46,570.00 | 46,570.00 | 46,570.00 | 46,570.00 |
| Net worth | 58,308.90 | 60,597.40 | 65,512.30 | 53,554.70 | 37,910.10 |
| Total revenue from operations | 56,590.20 | 68,461.90 | 138,025.50 | 142,458.60 | 126,240.60 |
| Profit for the year / period | 1,238.80 | 7,487.00 | 12,401.90 | 15,644.60 | 6,647.80 |
| Restated EPS – Basic (₹ per share) | 0.27* | 1.61* | 2.66 | 3.36 | 1.43 |
| Restated EPS – Diluted (₹ per share) | 0.27* | 1.61* | 2.66 | 3.36 | 1.43 |
| Net asset value per equity share (₹) | 12.52 | 13.01 | 14.07 | 11.50 | 8.14 |
| Total borrowings | 15,591.30 | Nil | Nil | Nil | Nil |
For the six months ended September 2025, revenue declined year-on-year, while profitability moderated due to lower margins.
About the Company
Bharat Coking Coal Limited is a government-owned coal mining company and a subsidiary of Coal India Limited. Incorporated in 1972, the company is engaged in the production and supply of coking coal, a critical raw material for steel manufacturing. Its equity shares are proposed to be listed on BSE and NSE.Objects of the Issue
The Offer is being undertaken primarily to achieve the benefits of listing of the equity shares on the stock exchanges. The proposed initial public offering is entirely an offer for sale by the promoter selling shareholder.The specific objects of the Issue are as follows:
- To achieve the benefits of listing of the equity shares of Bharat Coking Coal Limited on the stock exchanges, which is expected to enhance the Company’s visibility, improve transparency, and facilitate a public market for its equity shares.
- To carry out the Offer for Sale of up to 465,700,000 equity shares of face value ₹10 each by the promoter selling shareholder, Coal India Limited, aggregating up to ₹[●] million.
There is no fresh issue of equity shares, and consequently, the Issue will not result in any dilution of the Company’s equity share capital or infusion of funds into the Company.