BHARATCOALNSEBharat Coking Coal LimitedHighNeutral
Announced Thu, 23 Apr · 17:28 IST

Bharat Coking Coal Limited has informed the Exchange regarding 'Submission of Financial Results in Machine Readable / Legible Form for the period ended March 31, 2026'.

Revenue DeclinePat NegativeNegative Operating CashflowEmphasis Of MatterResults View source PDF

BHARATCOAL · price

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₹33.99
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₹34.16
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AI summary

Bharat Coking Coal Limited reported audited financial results for FY ended March 2026. Revenue from Operations declined to ₹13,644.78 crore from ₹15,917.21 crore in the previous year, representing approximately 14% revenue decline. Profit After Tax (PAT) fell sharply to ₹128.28 crore from ₹1,240.19 crore in FY25, a decline of about 90%. The company also reported negative operating cash flow of ₹640.64 crore compared to positive ₹626.91 crore in the prior year. Production decreased to 35.52 million tonnes from 40.50 million tonnes, while offtake dropped to 33.05 million tonnes from 38.26 million tonnes. The Board also approved pricing for Washed Coking Coal (₹13,403/MT for Prime, ₹10,937/MT for Medium) and waived performance incentives for power consumers. The auditor issued an unmodified opinion with emphasis of matter on accounting changes related to GST treatment, pending store verification impact, and levies.

Likely market impact

The sharp decline in profitability and negative operating cash flow are concerning for shareholders. The stock may face pressure due to the significant drop in earnings and cash generation, though the company's status as a Coal India subsidiary provides some stability.