TickerSutra

NSE: BHARATCOAL · BSE: 544678 · ISIN INE05XR01022

Bharat Coking Coal Limited stock analysis

Bharat Coking Coal Limited ranks #4427 in the TickerSutra evidence-ranked universe with a score of 33/100 and 87% data confidence. The latest captured fundamentals show ROCE of 4.0%, quarterly sales growth of -3.6% and quarterly profit growth of -138.5%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE33/100

Avoid / exit review

#4427 of 5,430 ranked equities
Market capitalisation₹15,624.24cr
ROCE4.0%
Quarterly sales growth-3.6%
Quarterly profit growth-138.5%
P/E ratio0.0×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Strong CFO/EBITDA of 1.3×
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Operating margin has compressed materially

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹10,128cr₹133cr₹112cr1.3%
2023₹12,624cr₹499cr₹665cr4.0%
2024₹14,246cr₹2,088cr₹1,564cr15.0%
2025₹15,917cr₹1,758cr₹1,240cr11.0%
2026₹13,645cr₹-493cr₹128cr-3.6%
TTM₹12,911cr₹-750cr₹-117cr-6.0%
Debt / equity0.39×
CFO / EBITDA1.30×
Operating margin-6.0%
Free cash flow₹-1,239cr
Sales CAGR · 3Y2.6%
Profit CAGR · 3Y-42.3%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts8 routine filings
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 28 Sept 2026 · Structured filing

BHARAT COKING COAL LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA

Readable disclosure summary

BHARAT COKING COAL LIMITED has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA

Open original XBRL source
RoutineClosure of Trading WindowBSE · 28 Sept 2026

This is to inform that the Trading Window shall be closed pursuant to the code of Conduct to Regulate, Monitor and Report Trading by Designated Persons of Bharat Coking Coal Limited from 1st Oct, 26 till 48 hours of declaration of Standalone Unaudited Financial Results for the 2nd Quarter and half year ended 30th Sep,26 (Financial Year 2026-27).

RoutineBharat Coking Coal Ltd - 544678 - Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), Regulations 2015- Board Comments On The Fine Levied By The ExchangesBSE · 26 Sept 2026

In terms of Regulation 30 of the SEBI( LODR) Regulations,2015. Company is in receipt of the notices from both the exchanges dated 25.08.2026 regarding non compliance with various provisions ....

RoutineUpdatesNSE · 26 Sept 2026

Bharat Coking Coal Limited has informed the Exchange regarding 'Board comments on the fine levied by the Exchanges'.

RoutineBharat Coking Coal Ltd - 544678 - Board Meeting Outcome for 1. Appointment Of C&AG Nominated Statutory Auditor For The Year 2026-27. 2. Allowing Offer Of Washed Coking Coal (MCC And PCC) From BCCL Washeries Under CIL E-Auction Scheme.BSE · 26 Sept 2026

This is to inform that the Board of Directors of Bharat Coking Coal Limited, at its meeting held on 26th Sep, 2026, has approved the following: 1. Appointment of C&AG Nominated Statutory ....

MANAGEMENT COMMENTARY

Signals from filed documents

Capacity expansion plansHigh severity · 3 mentions
Positive catalyst

The washery has been constructed under the Build, Operate and Maintain (BOM) model and is equipped with state-of-the-art technologies such as Heavy Media Cyclone, Spiral Concentrator and Froth Flotation for beneficiation of coking coal. With the successful commencement of commercial operation of new Bhojudih Washery, the capacity expansion has vital significant for BCCL's revenue realization per tonne. Bharat Coking Co

Regulatory updatesModerate severity · 5 mentions
Constructive

The listing has further strengthened our commitment to the highest standards of corporate governance, transparency, accountability and stakeholder engagement. As a listed company, BCCL remains focused on enhancing shareholder value through disciplined capital allocation, operational excellence, robust risk management and adherence to regulatory best practices. We are confident that the enhanced governance framework an

Capacity commissioningModerate severity · 2 mentions
Positive catalyst

2.50 Award of work to M/s INDU-SCCL-CGME Consortium at a capital cost of ₹ 1230.274 Cr. including insurance and freight for a total minimum guaranteed production of 22.50 MT during commercial production period of 9 th years was approved in 279 BCCL Board Meeting held nd on 3.7.2011 and also by 272 CIL Board on 12.08.2011. Subsequently, an agreement was signed with the Consortium in April 2014.

Regulatory approvalModerate severity · 17 mentions
Watch

Unauthorised occupation of company quarters. Delay in constitution of committee and non-submission of report for identification of obsolete items contravention to the policy framework approved by company. Loss of revenue of ₹51.33 lakhs and adverse environment impact due to under-recovery of burnt oil.

Institutional interestLow severity · 2 mentions
Watch

The facility of participation at the AGM through VC/OA VM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditors

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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