Northern Coalfields Limited - metals and minerals in Sidhi, Madhya Pradesh, India. FY 2026 financials & compliance.
CIN U10102MP1985GOI003160 Incorporated 28 November 1985 ROC Gwalior HQ Sidhi, Madhya Pradesh, India
Active Private Limited Union Government Company metals and minerals
Data last updated
Revenue · FY 2026
₹35,360 Cr
▲ 7% YoY
Net profit · FY 2026
₹10,657 Cr
Net margin 30.1%
EBITDA · FY 2026
₹16,671 Cr
EBITDA margin 47.1%
Authorised capital
₹5,400 Cr
Registered with MCA
Paid-up capital
₹2,523.76 Cr
Issued & subscribed
Open charges
₹430 Cr
Satisfied ₹36.29 Cr
Company age
41 yrs
Est. 1985
Directors on board
8
As per MCA filings

About Northern Coalfields Limited

Data last updated:

Northern Coalfields Limited is a private limited union government company based in Sidhi, Madhya Pradesh, India, a subsidiary of Coal India Ltd Govt Of India Undertaking. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 28 November 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U10102MP1985GOI003160. Its GSTIN is 23AABCN4884H1ZE (Madhya Pradesh). The company holds 14 GST registrations, of which 4 are active.

The company has an authorised share capital of ₹5,400 Cr and a paid-up capital of ₹2,523.76 Cr. It is led by directors including Sairam Bhagavatula (Managing Director) and Manish Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 17 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P.O – Singrauli Colliery Singrauli., Sidhi, Madhya Pradesh, India – 486889.

As per the financials filed for FY 2026, the company reported a revenue of ₹35,360 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10,657 Cr (net margin 30.1%) and EBITDA of ₹16,671 Cr (EBITDA margin 47.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.

The company is associated with 1 brand: Northern Coalfields Limited. As per MCA filings, the company has open charges of ₹430 Cr and satisfied charges of ₹36.29 Cr on record. Court records list 1,252 cases involving the company, including 342 filed by the company and 911 filed against it; 244 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in February 2019. Its 4 peer companies in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite) are compared by revenue, 2 larger and 2 smaller; the largest is The Singareni Collieries Company Limited with revenue of ₹30,324 Cr.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nclcil.in.

Company details

CIN U10102MP1985GOI003160
Registration Number 003160
Incorporation Date 28 November 1985
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Coal India Ltd Govt Of India Undertaking
Compliance Status Active Compliant

CIN history

Northern Coalfields has one previous CIN (Corporate Identification Number): U10102MP1985PLC003160. The current CIN is U10102MP1985GOI003160, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U10102MP1985GOI003160Current
U10102MP1985PLC003160Previous

Contact details

Northern Coalfields Limited's registered office is in Sidhi, Madhya Pradesh. Its website is nclcil.in. Its e-mail address is in the company report.

  • Email
  • Website
  • Social Media
  • Registered Address
    P.O – Singrauli Colliery Singrauli., Sidhi, Madhya Pradesh, India – 486889
  • Industry
    Metals and Minerals, Mining & Mineral Extraction

To see the full contact details of Northern Coalfields Limited, buy the company report.

Comprehensive company report
Northern Coalfields Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Northern Coalfields operates one associated brand: Northern Coalfields Limited. Each brand links to its own profile.

BrandDescriptionWebsite
Coal production, mining, and sustainable operations in India.nclcil.in

Business activity

The main business activity of Northern Coalfields is mining and quarrying. In detail, this covers mining of coal and lignite.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
BMining and quarryingB1Mining of Coal and lignite

To see the full business activity and turnover split of Northern Coalfields Limited, buy the company report.

Financials of Northern Coalfields Limited

FY 2025 filings available

Northern Coalfields Limited reported revenue of ₹35,360 Cr (up 7% YoY) for FY 2026.

Revenue · FY 2026
₹35,360 Cr ▲ 7%
Net profit · FY 2026
₹10,657 Cr margin 30.1%
EBITDA · FY 2026
₹16,671 Cr margin 47.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 14%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 16%
5 years · compounded
▲ 20%

Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 7% growth in the latest year. EBITDA rose 9% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16,671 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹10,657 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin47.1%
Net Profit Margin30.1%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Northern Coalfields Limited, buy the company report.

Board of directors of Northern Coalfields Limited

Northern Coalfields has 8 current directors and 77 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Manish KumarWhole-Time Director21 Sep 20224 Years 1 MonthsCurrent
Rajneesh NarainWhole-Time Director27 Sep 20224 Years 0 MonthsCurrent
Sairam BhagavatulaManaging Director13 Mar 20242 Years 7 MonthsCurrent
Vinay RanjanNominee Director12 May 20224 Years 5 MonthsCurrent
Sunil Prasad SinghWhole-Time Director04 Jul 20233 Years 3 MonthsCurrent
Mamta PalariyaDirector25 Aug 20251 Years 2 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Peer comparison

Northern Coalfields Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Northern Coalfields Limitedthis company₹35,360 Cr (FY 2026)₹10,657 Cr30.1%7.0%Sidhi, Madhya Pradesh, India
The Singareni Collieries Company Limited₹30,324 Cr (FY 2025)-4.0%Telangana, India
Mahanadi Coalfields Limited₹28,662 Cr (FY 2025)-2.0%Sambalpur, Odisha, India
Central Coalfields Limited₹17,644 Cr (FY 2025)0.0%Ranchi, Jharkhand, India
NLC India Limited₹16,889 Cr (FY 2025)21.0%Chennai, Tamil Nadu, India

To see the full peer comparison of Northern Coalfields Limited, buy the company report.

Auditor

Northern Coalfields Limited is audited by J.N. Sharma & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
J.N. Sharma & CoFY 2023000833C

Shareholding

The shareholding of Northern Coalfields Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Northern Coalfields Limited, buy the company report.

Charges & borrowings

Open charges
₹430 Cr
Satisfied charges
₹36.29 Cr
Breakdown by lending institutions
State Bank of India₹430.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Dec 200390209425State Bank of India₹430 CrOpen
27 Oct 199590207711Bharat Earth Movers Limited₹36.29 CrSatisfied

To see the full charge records of Northern Coalfields Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Northern Coalfields Limited has 2 deals on record (2 secondary share transfers); the latest was in February 2019.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Feb 2019Secondary share transferUndisclosedSeller: Coal India Ltd Govt of India Undertaking
Mar 2017Secondary share transferUndisclosedSeller: Coal India Ltd Govt of India Undertaking

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Northern Coalfields Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Northern Coalfields has 14 GST registrations: 4 active and 10 cancelled or inactive.

Total GSTINs
14
Active
4
Cancelled / inactive
10
GSTINStateStatusRegistered on
23AABCN4884H1ZEMadhya PradeshActive01 Jul 2017
23AABCN4884H8Z7Madhya PradeshActive01 Sep 2017
09AABCN4884H1Z4Uttar PradeshActive01 Jul 2017
19AABCN4884H2Z2West BengalActive08 May 2018

To see the full GST registrations and return filing status of Northern Coalfields Limited, buy the company report.

Recent activity

Northern Coalfields Limited has 81 board changes on record since 2007: 10 appointments and 71 cessations. The latest: Chetna Shukla was appointed as Nominee Director on 06 Oct 2025.

Appointed
Chetna Shukla was appointed as Nominee Director.
Appointed
Ashutosh Dwivedi was appointed as Whole-Time Director.
Appointed
Mamta Palariya was appointed as Director.
AGM
Northern Coalfields Limited last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records.
Ceased
Jitendra Malik ceased to be Whole-Time Director.
Filing
Northern Coalfields Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Appointed
Bhabaniprasad Surendranath Pati was appointed as Nominee Director.
Ceased
Venkateshwarlu Marapally ceased to be Nominee Director.
Ceased
Subeena Bansal ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 430.00 Cr registered on 16 Dec 2003 with Charge ID 90209425 was modified on 06 May 2024.
Appointed
Sairam Bhagavatula was appointed as Managing Director.
Ceased
Bhola Singh ceased to be Managing Director.

76 earlier events are in the company report.

Frequently asked questions

Northern Coalfields is an active private limited union government company based in Sidhi, Madhya Pradesh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 28 November 1985 (41+ years old) and is registered under CIN U10102MP1985GOI003160.

Northern Coalfields has 8 current directors:

The latest financial statements of Northern Coalfields on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Northern Coalfields is 23AABCN4884H1ZE, registered in Madhya Pradesh. The company has 14 GST registrations in all, of which 4 are active and 10 are cancelled or inactive. Other active GSTINs include 23AABCN4884H8Z7 (Madhya Pradesh), 09AABCN4884H1Z4 (Uttar Pradesh), 19AABCN4884H2Z2 (West Bengal).

The CIN (Corporate Identification Number) of Northern Coalfields is U10102MP1985GOI003160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Northern Coalfields has 1,252 court cases on record: 342 filed by the company and 911 filed against it. 244 are pending. Most are in the high courts.

Northern Coalfields was incorporated on 28 November 1985, making it 41+ years old. It is registered with the Registrar of Companies, Gwalior.

Northern Coalfields has 2 deals on record (2 secondary share transfers); the latest was in February 2019.

The peers of Northern Coalfields by revenue are The Singareni Collieries Company Limited, Mahanadi Coalfields Limited, Central Coalfields Limited, NLC India Limited, all in the Metals and Minerals industry (Mining), with the same principal business activity (mining of coal and lignite).

Chetna Shukla was appointed as Nominee Director on 06 Oct 2025. Ashutosh Dwivedi was appointed as Whole-Time Director on 13 Sep 2025. Mamta Palariya was appointed as Director on 25 Aug 2025. Northern Coalfields has 81 board changes on record in total.

Northern Coalfields can be reached through the website nclcil.in. Its registered office is in Sidhi, Madhya Pradesh, India.