Coal IndiaNSE:COALINDIA -0.14%92 ROE % is 36.40% as of Mar. 2026, which is 12% below its 10-year median of 41.32. GuruFocus rates NSE:COALINDIA with a GF Score™ of 92/100 and a GF Value™ of ₹519.59 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 178 Other Energy Sources companies, Coal India ranks better than 91.57% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Coal India's annualized net income for the quarter that ended in Mar. 2026 was ₹433,567 Mil. Coal India's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,191,016 Mil. Therefore, Coal India's annualized ROE % for the quarter that ended in Mar. 2026 was 36.40%.
The historical rank and industry rank for Coal India's ROE % or its related term are showing as below:
NSE:COALINDIA'
s ROE % Range Over the Past 10 Years
Min: 28.5 Med: 41.32 Max: 74.89
Current: 28.83
During the past 13 years, Coal India's highest ROE % was 74.89%. The lowest was 28.50%. And the median was 41.32%.
NSE:COALINDIA's ROE % is ranked better than 91.57% of 178
companies
in the Other Energy Sources industry
Industry Median: 0.38
vs NSE:COALINDIA: 28.83
Coal India (NSE:COALINDIA) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Coal India ROE % Related Terms
Coal India ROE % Historical Data
* Premium members only.
The historical data trend for Coal India's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Thermal Coal subindustry, Coal India's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Coal India ROE % vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Coal India's ROE % distribution charts can be found below:
* The bar in red indicates where Coal India's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Coal India (NSE:COALINDIA) has a ROE % of 36.40% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Coal India and its competitors. This is 12% below median its historical median of 41.32. Over the past decade, Coal India's ROE % has ranged from 28.50 to 74.89. According to the industry distribution chart, Coal India ranks #15 out of 178 companies in the Other Energy Sources industry, placing it in the top 8.4%.
Is Coal India's ROE % too high?
Coal India's current ROE % of 36.40% is 12% below median its 10-year median of 41.32. Over the past 10 years, this metric has ranged from a low of 28.50 to a high of 74.89. The Other Energy Sources industry median ROE % is 0.38. Coal India's value of 36.40% is 9478.9% above this industry median. Based on the distribution chart, Coal India ranks #15 out of 178 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Coal India has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coal India's ROE % compare to competitors?
According to the Other Energy Sources industry distribution chart, Coal India ranks #15 out of 178 companies for ROE %. This places Coal India in the top 8% of its industry — outperforming the majority of peers. The industry median ROE % is 0.38. Coal India's value of 36.40% is 9478.9% above this benchmark. Historically, Coal India's own ROE % has ranged from 28.50 to 74.89 over the past decade. While the company's 10-year median is 41.32 vs. the industry median of 0.38, Coal India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Other Energy Sources company?
The median ROE % among Other Energy Sources companies is 0.38, based on 178 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coal India's current ROE % of 36.40% is 9478.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Coal India and its competitors. For the Other Energy Sources industry, the median ROE % is 0.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coal India's current ROE % is 36.40%, which is 12% below median its own 10-year median of 41.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coal India stock overvalued right now?
Based on GuruFocus' analysis, Coal India (NSE:COALINDIA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹519.59, compared to a current price of ₹429.30 — trading 17.4% below its estimated fair value. The current ROE % is 36.40%, which is 12% below median its 10-year median of 41.32 and 9478.9% above the Other Energy Sources industry median of 0.38. Coal India's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Coal India (NSE:COALINDIA), the current ROE % is 36.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Coal India (NSE:COALINDIA) Overvalued in 2026?
Based on GuruFocus' analysis, Coal India stock appears to be undervalued.
The current stock price of ₹429.30 is trading 17.4% below its estimated GF Value™ of ₹519.59.
GuruFocus considers Coal India to be Modestly Undervalued.
Key valuation signals for NSE:COALINDIA:
ROE %: 36.40% (12% below median its 10-year median of 41.32)
GF Value™: ₹519.59 vs. price of ₹429.30 (17.4% below fair value)
Industry Position: 9478.9% above the Other Energy Sources median (#15 of 178)
No single metric tells the full story. See the NSE:COALINDIA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coal India Ltd is a state-owned coal mining company, which was formed when the government took over many private coal mines. Coal India is responsible for the vast majority of India's coal production. The Company is engaged in a single segment business of Coal mining.
92GF Score
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