Who mines India's coal and minerals
7 listed companies earned ₹258,961 crore from coal and mineral mining in FY26, up 11.2% on FY25. Coal India Ltd earned the most, 65.0% of it. NMDC Ltd earned the most on each rupee of sales: 35.5%.
The brands, and who owns them
LMELPEL is Lloyds Metals & Energy Ltd's. Brands are read from each company's filings and checked against a public source.
Who sells the most
Coal India Ltd had 65.0% of the listed companies' revenue from coal and mineral mining here, 4.5 times as much as Adani Enterprises Ltd, the next largest. The two together sold 80%; the other 5 the rest.
How the sales have grown, and who sold them
The listed companies here earned ₹2.59 lakh Cr from coal and mineral mining in FY26. Counting only the companies with figures in both years, sales went from ₹1.05 lakh Cr in FY19 to ₹1.68 lakh Cr, 1.6 times as much. The biggest rise was in FY23 (+27%) and the weakest year FY21 (-9%). Coal India Ltd's part of the total went from 62% in FY25 to 65% in FY26. Over three years Coal India Ltd grew fastest, +5.2% a year. Some companies are counted only from a later year (Adani Enterprises Ltd from FY25; NMDC Ltd from FY25; Lloyds Metals & Energy Ltd from FY24; NLC India Ltd from FY25; Vedanta Ltd from FY25; Bharat Petroleum Corporation Ltd from FY25).
Who earns the most on each rupee
Operating profit before interest and tax, as a share of revenue from coal and mineral mining. Coal India Ltd earned 25.2% on its sales in FY26, against 17.3% in FY17; its best year was FY25 at 33.1%. Adani Enterprises Ltd earned 4.9% on its sales in FY26, against 7.6% in FY25. NMDC Ltd earned 35.5% on its sales in FY26, against 39.9% in FY25. NLC India Ltd earned 28.1% on its sales in FY26, against 18.4% in FY25. Vedanta Ltd earned 11.9% on its sales in FY26, against 16.6% in FY25.
The companies, and their brands
| Company and brands | Sales FY26 | Growth 1 yr | 3 yrs | 5 yrs | Margin | Profit share | Return on assets | P/E | ROE | Share price 1 yr |
|---|---|---|---|---|---|---|---|---|---|---|
| Coal India Ltd | ₹168,400 Cr | +17.5% | +5.2% | +12.4% | 25.2% | 74.8% | — | 8.1 | 84.5% | +7.2% |
| Adani Enterprises Ltd Sells in 19 states and 7 countries; exports 17.97% of turnover |
₹37,511 Cr | -24.4% | — | — | 4.9% | 3.2% | 3.3% | 42.4 | 5.3% | +7.1% |
| NMDC Ltd | ₹28,146 Cr | +23.4% | — | — | 35.5% | 17.7% | 35.9% | 8.4 | 23.4% | -6.3% |
| Lloyds Metals & Energy Ltd LMELPEL Sells in 18 states and 3 countries; exports 5.61% of turnover |
₹11,923 Cr estimate |
+111.0% | — | — | — | — | — | 20.5 | 35.1% | +36.9% |
| NLC India Ltd | ₹6,419 Cr | +20.2% | — | — | 28.1% | 3.2% | 20.6% | 12.2 | 7.2% | -7.9% |
| Vedanta Ltd | ₹6,410 Cr | +6.1% | — | — | 11.9% | 1.3% | 14.1% | 9.3 | 17.3% | -46.6% |
| Bharat Petroleum Corporation Ltd Sells in 28 states and 7 countries; exports 1.23% of turnover |
₹152 Cr | +4.1% | — | — | -98.3% | -0.3% | -0.5% | 7.2 | 29.9% | -13.6% |
Also sold by
See every one of these companies in Valarth
Questions people ask
Who mines India's coal and minerals?
7 listed companies report their revenue from coal and mineral mining: Coal India Ltd (COALINDIA), Adani Enterprises Ltd (ADANIENT), NMDC Ltd (NMDC), Lloyds Metals & Energy Ltd (LLOYDSME), NLC India Ltd (NLCINDIA), Vedanta Ltd (VEDL), Bharat Petroleum Corporation Ltd (BPCL). 2 more sell them but report them together with other products.
Which listed company earns the most from coal and mineral mining in India?
Coal India Ltd, with revenue from coal and mineral mining of ₹168,400 crore in FY26: 65.0% of the listed companies' total here.
How much do listed companies earn from coal and mineral mining?
The listed companies here earned ₹258,961 crore from coal and mineral mining in FY26, up 11.2% on FY25. Private makers are not included.
Which listed company makes the most profit from coal and mineral mining?
NMDC Ltd: its operating profit was 35.5% of its revenue from coal and mineral mining in FY26.
Who owns LMELPEL?
LMELPEL is a brand of Lloyds Metals & Energy Ltd, listed on the NSE as LLOYDSME.