# Coal India (NSE: COALINDIA) share analysis

Canonical: https://vestmind.in/stocks/coal-india  
Source: VestCall by Vestmind, price as of 14 October 2026.

> Coal India (NSE: COALINDIA) was trading at ₹416.1 on 14 October 2026. VestCall scores its business health 52/100 (adequate). On valuation, the price sits in the “Valuation Premium” zone (₹396.97 and above) — above the modelled fair-value range. This is a reading of the evidence, not a buy or sell recommendation.

## Valuation zones

| Zone | Price band | Meaning |
| --- | --- | --- |
| Deeply Discounted | ₹357.99 – ₹381.73 | Furthest below the modelled fair-value range |
| Attractive Valuation | ₹381.73 – ₹385 | Below the modelled fair-value range |
| Fairly Valued | ₹385 – ₹396.97 | Inside the modelled fair-value range |
| Valuation Premium (current) | ₹396.97 and above | Above the modelled fair-value range |

## The case for and against

- Supports — Business Quality 92/100
- Supports — Shareholding Quality 82/100
- Supports — Management Stability 67/100
- Needs proof — Growth 16/100
- Needs proof — Financial Strength 31/100

## Key ratios

| Ratio | Coal India | Sector median |
| --- | --- | --- |
| P/E | 23.33x | — |
| P/B | 2.42x | — |
| P/S | 0.28x | — |
| Return on equity (ROE) | 150.4% | — |
| Operating margin | 23.3% | — |
| Net margin | 17.3% | — |
| Current ratio | 6x | — |

## Bull, base and bear case (model outputs, not forecasts)

| Scenario | Modelled CAGR | Weight | Assumption |
| --- | --- | --- | --- |
| Bear | −6.6% | 21% | Growth decelerates to -2.6% and the multiple de-rates toward the cohort's trough. |
| Base | +2.2% | 54% | Earnings compound near the measured 2.2% and the multiple drifts toward its quality-adjusted warranted level. |
| Bull | +8.7% | 25% | Growth holds at 5.2% and the market pays the full premium the measured quality supports. |

## Questions

### Is Coal India overvalued or undervalued?

At ₹416.1, Coal India sits in VestCall’s “Valuation Premium” zone (₹396.97 and above): above the modelled fair-value range. Its valuation scores 49/100 (fair) against Unclassified peers. Zones describe where the price sits against modelled value; they are not an instruction to buy or sell.

### Is Coal India fundamentally strong?

VestCall scores Coal India’s business health 52/100 (adequate). The strongest measured pillars are business quality and shareholding quality. The ones that need proof are growth and financial strength. Each pillar is computed from reported financials, and a pillar whose inputs were not reported is excluded rather than scored as zero.

### What is Coal India’s P/E ratio?

Coal India trades at a P/E of 23.33x, on VestCall’s latest read. A multiple only means something against the business it buys: the quality-adjusted fair value on this page weighs it against Coal India’s returns and growth.

### What are the risks of investing in Coal India?

The review triggers VestCall watches for Coal India are: revenue growth falls below the thesis floor (revenue cagr below 8%); return on equity falls below the quality floor (roe below 15%); promoter holding drops materially (promoter holding below 58.13%, 3 points under the Jun 2026 filing). On the fundamentals, growth is the weakest measured pillar at 16/100. A trigger is a named condition that would change the reading, published so the case against the stock is as visible as the case for it.

### Is this a recommendation to buy or sell Coal India?

No. VestCall states where Coal India’s price sits against modelled value, what supports the case and what would break it, with every figure sourced. It does not issue buy, sell or hold calls or price targets. Vestmind is not a SEBI-registered investment adviser or research analyst, and nothing on this page is personalised investment advice.

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Vestmind is not a SEBI-registered investment adviser or research analyst. This is research for information, not a recommendation or personalised investment advice.