Introduction
We are one of the recognized traders of imported coal and perform its operations from
Ganagavarm
and other ports. Our operations are spread across India with a wide network of customer.
Our
Diversified product portfolio comprises of coal from Indonesia, South Africa, Australia
and India
among other origins. We supply our products to the customer in the various sector i.e
Power, Steel,
Rolling and other industry. In just a few years of starting our coal business segment we
have
established as a reliable partner in the trading coal space.
The promoters of the company has vision to look beyond the ordinary; to foresee
opportunities; to
attain the unattainable; to create in-roads into newer vistas of change and above all, to
bridge the
demand-supply gap for coal, the worlds fossil fuel
Financial & Operational Performance
The companys operations were majorly affected due to the volatility of market
conditions all over
the world due . Thus Companys half yearly performance which reflected a profit of Rs.
8.97 Lakhs
(PBT) in its first half yearly Financial Results for the period ended as on 30th
September, 2024. The
company performance for the second quarter period ended as on March 31, 2025 and Stood a
Loss
of Rs. (35.87) Lakhs (PBT).
The companys Annual Financial Results as on 31st March, 2025 reported its revenue from
operations from trading of imported coal to Rs.1192.61 lakhs which is decline by 59.25% as
compared Rs. 2927.32 lakhs reported as on financial year end 31st March, 2024.
The Companys Total Annual Coal Trading Outflows in Metric Tons for the last three
years is
as under:
Particulars of |
South African (RB2) |
South African (RB3) |
Indonesian Coal |
Australian Coal |
Maputo (Steam Coal) |
Sponge Iron |
2022-23 |
11393.42 | 49805.17 | 3132.86 | 32897.18 | 17989.29 | 0 |
2023-24 |
13877.15 | 11601.52 | 0 | 0 | 385.98 | 1498.07 |
2024-25 |
1071.81 | 13969.30 | 0 | 0 | 0 | 0 |
SWOT ANALYSIS
Factors affecting our results of operations:
Our companys future results of operations could be affected potentially by the following strengths:
> The company has rich experience in business management and has a good track record.
> The companys revenue majorly comes from single segment, thus all efforts and
taskforce is
directed towards single line of business and deployment of full potential in achieving the
desired goals.
> The registered office of the company is centrally located in heart of Rural India
and the
capital city of Chhattisgarh.
> We have satisfied chain of vendors which are associated with us from past many years.
> List of our top vendors (debtors & creditors ) whom we have trade relations
with are as
under:
S. Name of Vendor |
S. Name of Vendor no. |
S.no. Name of Vendor |
1 Adani Enterprises |
7. Axis Enterprises | 13. SRG Industries Pvt. Ltd. |
2 Agarwal Coal |
8. Vraj Metalics Pvt. Ltd. |
14. JSW Minerals Trading Pvt. Ltd. |
3 Tata International |
9. Anupam Fuels PVt Ltd. |
|
4 Indian Coke & |
10. SMS Carbon & Minerals Pvt. Ltd. |
|
5 Sparsh Baldev |
11. Waltair Coal Pvt. Ltd. |
|
6. Basudev trade link |
12. Jaydeep Ispat & Alloys PvtLtd. |
> The promoters of the company have progressive vision and futuristic approach to
run the
business efficiently and effectively.
> Experienced Promoters and Management provide us an extra edge to deal with day to
day
affairs of the company.
Some of the weakness or business risks are outlined as follows:
> Our companys derive significant revenue from trading coal.
> Fluctuation in prices, non-availability or high cost of quality of coal may have
an adverse
effect on our business, results of operations and financial condition.
> Our business is dependent on our continuing relationships with our customers.
> Our business is capital intensive. If we experience insufficient cash flows to
meet required
payments on our debt and working capital requirements, there may be an adverse effect on
our operations.
> Our business experiences an increase in sales during the summer season in India
which
lasts from March till July.
Industry wise Business Constraints: The uses of coal are being reduced in terms of
the energy
mix and being substituted with clean energy sources, owing to the generation of air
pollutants due
to coal combustion. These factors, in turn, are expected to restrain the growth of the
Indian coal
market.
Review of Business Operations and Future Prospects:
The business of the company is going well and it has great prospects for future. Your
Directors are
optimistic about Companys business and hopeful of better performance with increased
revenue in
next year.
OUTLOOK FOR 2025-26
India is projected to grow at 6.7% in FY26, as per RBIs baseline estimates, supported
by a better-
than-expected rabi output, steady industrial recovery, and revival in investment momentum.
Inflation is expected to remain moderate, with headline CPI projected at 4.2%, contingent
on a
normal monsoon and stable food prices. Importantly fiscal consolidation will continue,
with a
central deficit target of 4.4% for FY26, and the recent inclusion of Indian G-secs in
global bond
indices is likely to enhance capital inflows, reduce borrowing costs, and deepen market
liquidity.
This evolving macro environment offers fertile ground for financial intermediation. With
broad-
based improvements across demand, liquidity, and confidence metrics, Indias capital
markets are
expected to enter a more accommodative and expansionary phase.
Source: Economic Survey 2024-25 - Ministry of Finance; Monetary Policy Report April-25
-
Reserve Bank of India
India Coal Industry Reports
The Indian coal market is a significant segment of the countrys energy sector, driven
primarily by
the demand for power generation through thermal coal. The market encompasses various
applications, including coking feedstock and other industrial uses. The increase in
Indias coal
production aims to meet the rising energy demands, supported by extensive coal resources.
Despite the challenges such as environmental concerns, occupational health risks, and
market
volatility, the coal industry remains a crucial part of Indias economy. Government
policies
promoting renewable energy sources are tempering the market growth, pushing for a
reduction in
reliance on coal. The future of Indias coal market will be influenced by global economic
conditions,
technological advancements, and the need for environmental sustainability and social
responsibility.
Key players in the Indian coal market are actively optimizing their operations to meet market
demands. The industrys growth rate and market value are critical metrics, with
industry analysis
providing insights into market trends and industry statistics. Market leaders are
navigating the
dynamic landscape, focusing on industry research and market segmentation to stay
competitive.
Industry reports and market data offer a comprehensive market overview, including market
forecast and market growth predictions. The market outlook highlights the ongoing
developments
and market review, while industry information and industry size provide a detailed
understanding
ofthesector.
The report example and report pdf offer valuable insights into the market predictions
and industry
trends. Research companies play a vital role in providing industry analysis and market
segmentation, ensuring that stakeholders have access to accurate and up-to-date
information.
In summary, the Indian coal market is poised for growth, driven by the demand for thermal
power
generation and supported by extensive coal resources. However, the market must navigate
challenges such as environmental sustainability and government policies promoting
renewable
energy. Industry reports, market data, and research companies provide valuable insights
into the
market, helping stakeholders make informed decisions.
Source: https://www.mordorintelligence.com/industry-reports/india-coal-market
India Coal Market Analysis
The Coal Trading Market size is estimated at USD 10.19 billion in 2025, and is expected
to reach
USD 12.80 billion by 2030, at a CAGR of 4.68% during the forecast period (2025-2030).
Source: https://www.mordorintelligence.com/industry-reports/coal-trading-market
Over the medium term, coal is majorly consumed in various sectors, such as industry,
transport, residential, commercial and public services, agriculture, fishing, and several
non-
energy areas that generate the coal demand, leading to the trade of coal between the
nations.
On the other hand, power from coal is getting mixed up with other alternative sources,
like
renewables and natural gas, which help to reduce the environmental impact as compared
to coal. These factors, in turn, are expected to restrain the growth of the coal trading
market in the coming years.
Nevertheless, with the growing demand for electricity, coal power plants in the
Asia-Pacific
region are expected to be a significant consumer of coal. The region is expected to have a
demand of around 4,400 megatons of coal equivalent (Mtce) by 2040, with the majority of
demand from the power sector. This demand for coal is expected to create an opportunity
for the coal trading market in the future.
Asia-Pacific dominated the coal trading market with China and India as the major
importer,
and Australia and Indonesia are among the major exporter of coal.
Source: https://www.mordorintelligence.com/industry-reports/coal-trading-market
Iron Ore Price Trends
Source: Bigmint Note
Coking Coal Coking coal prices, particularly premium hard coking coal (PHCC) from
Australia,
moderated steadily through the year. Prices eased from over USD 260/t at the beginning of
the
fiscal to below USD 200/t by the final quarter, reflecting improved supply conditions and
stable
demand.
Global Economy at Large
Global coal consumption continued to rise in 2024 to a new all-time high of almost
8,800 mmt.
However, growth slowed to about 80 mmt in 2024, less than a third of the increase recorded
over
the previous two years. The rise in Chinas coal consumption slowed by 80 percent in 2024,
to
about 60 mmt, while growth in Indias consumption softened by one third to 70 mmt (figure
10.B).
Demand in Europe and North America continued to decline, though by less than in 2023.
Global coal
production rose by an estimated 75 mmt in 2024, around one-quarter of the increase in
2023.
Output picked up in China (about 40 mmt), India (80 mmt), and Indonesia (30 mmt) but
continued
to decline in Europe and the United States (figure 10.C). Global trade in coal is
estimated to have
reached an all-time high in 2024, but trade growth was only a third of that in the
previous year due
to slowing increases in overall demand. Increasing imports in China and ASEAN countries
were met
primarily by exports from Australia, Indonesia and Mongolia.
Global coal production is expected to edge down over the forecast period. Among the
major
producers, India is the only country where output is expected to increase, supported by
government policy. Production in China is expected to plateau, while in Indonesia it is
expected to
decrease sharply, in line with official targets. Reductions in supply are also anticipated
in the United
States and Australia.
OUTLOOK
Global economic growth is expected to moderate from 3.3% in 2024 to 2.8% in 2025,
before
recovering to 3% in 2026. The combined effects of new trade restrictions, their spillover
through
global trade linkages, and rising uncertainty may dampen business sentiment and pace of
economic
recovery. Financial market volatility has raised concerns about extreme vulnerabilities,
particularly
in countries grappling with persistent inflation and signs of economic slowdown.
Policymakers
worldwide face the challenge of balancing economic growth with financial stability. While
advanced
economies navigate the lingering effects of elevated inflation and restrictive monetary
policies,
emerging markets stand to benefit from economic diversification and demographic
advantages.
While there are emerging signs of stabilization, the global economys trajectory remains
fragile,
heavily dependent on effective fiscal policies, geopolitical de-escalation, and
coordinated efforts to
mitigate inflationary and trade-related pressures and ensure a stable and sustainable
economic
trajectory.
INDIAN ECONOMIC OVERVIEW
India is expected to grow at 6.5% in FY 2024-25, lower than 8.2% growth in FY 2023-24,
as per
IMF. This moderation is attributed to subdued external demand, manufacturing and services
sector
slowdowns, and inflationary pressures. The manufacturing sectors growth is expected to
decline to
5.3% from 9.9% in the previous fiscal, primarily due to global supply chain disruptions
and rising
input costs. The services sector is anticipated to grow at 5.8%, down from 6.4% in FY
2023-24. On
the contrary, the agriculture and allied sector demonstrated significant resilience, with
growth
estimated at 3.8% in FY 2024-25, an increase from the previous years 1.4%. The
construction
sector is expected to grow at 8.6% in FY 2024-25, underscoring the governments focus on
infrastructure development. Private Final Consumption Expenditure (PFCE) at constant
prices is
expected to witness a growth of 7.3% compared to 4% growth in the previous financial year.
The
Real GDP or GDP at Constant Prices is estimated to reach 184.88 lakh crore in FY
2024-25, against
the Provisional Estimate of GDP of 173.82 lakh crore for FY 2023-24. Indias retail
inflation, as
measured by the Consumer Price Index (CPI), eased to 4.6% in FY 2024-25. In a further
positive
development, retail inflation for March 2025 declined to 3.34%. The sustained moderation
in
inflation reflects the effectiveness of policy measures in containing price pressures
Ample coal supplies.
The price forecast is based partly on expectations of a decrease in global coal supply
in 2025 and
2026, owing to shrinking output across many producers. In several countries, production
could
exceed forecasts. Indonesias output has significantly exceeded national targets in the
past,
including by 17 percent in 2024, suggesting that the planned reduction may not
materialize. Recent
changes in U.S. energy policies to boost the use of coal could also slow— or
potentially reverse—the
trend of decreasing U.S. coal output. Meanwhile, if diplomatic efforts to resolve the
conflict
triggered by Russias invasion of Ukraine prove successful, potential markets for coal
exports from
Russia might broaden, encouraging higher production levels.
CAUTIONARY STATEMENT
Statement made in the Management Discussion and Analysis describing the various parts
may be
"forward looking statement" within the meaning of application securities laws
and regulations. The
actual result may differ from those expectations depending upon the economic conditions,
changes
in Government regulation and amendments in tax laws and other internal and external
factors.
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