Caliber Mining and Logistics Limited – Investor Presentation Summary

Key Operational Highlights

  • Achieved highest half-yearly YoY volume growth in H1 FY27
  • Overburden (OB) removal: 76.49 Mcum in H1 FY27
  • Coal extraction: 2.31 million MT in H1 FY27
  • Key drivers: Strong operational execution and ramp-up of new contracts won in Q1 FY27

Financial Highlights

Revenue: ₹1,176.50 Cr (H1 FY27)

Normalised Revenue: ₹992.40 Cr (H1 FY27, excluding diesel cost pass-through)

EBITDA: ₹183.57 Cr (H1 FY27 normalised)

PAT: ₹22.25 Cr (H1 FY27)

EPS: ₹3.80 (H1 FY27)

Margins: Normalised EBITDA margin 18.50% (H1 FY27)

YoY comparison: Revenue up 89.1%, Normalised revenue up 59.5%, Normalised EBITDA up 48.7%

Drivers of financial performance: Higher revenue growth from strong operational execution

Cash profit: ₹100.83 Cr in H1 FY27 (1.6 times H1 FY26)

TTM Performance

  • TTM Revenue from operations: ₹2,232.09 Cr, up 33% vs FY26
  • TTM Normalised revenue: ₹2,047.99 Cr, up 22% vs FY26
  • TTM EBITDA: ₹490.79 Cr, up 14% vs FY26
  • TTM Normalised EBITDA margin: 23.96%
  • TTM OB removal: 160.32 Mcum, up 25% vs FY26
  • TTM Coal extraction: 5.15 million MT, up 15% vs FY26

Balance Sheet Snapshot

Net Worth: ₹1,148.42 Cr (30 Sep 2026 vs ₹647.54 Cr 31 Mar 2026)

Cash and bank balances: ₹156.38 Cr (▲59%)

Property, plant and equipment: ₹1,777.08 Cr (▲38%)

Net Debt/Equity: 0.95x (▼0.53x from 1.48x)

Total outside liabilities/Net worth: 1.48x (▼0.73x from 2.21x)

Current ratio: 1.19x (▲0.17x from 1.02x)

Financial Health Insights: Lower leverage despite step-up in capex, stronger equity base post-IPO

Order Book Status

  • Closing order book: ₹8,634 Cr (30 Sep 2026)
  • Opening order book: ₹5,668 Cr (1 Apr 2026)
  • Added in H1 FY27: ₹4,045 Cr
  • Executed in H1 FY27: ₹1,079 Cr
  • Contract portfolio spans 9 sites with average tenure of 2.5 years
  • Major contracts: Gouri Pouni New (₹1,805.06 Cr), Dhoptala-2 (₹999.47 Cr), Jayant-2 (₹1,432.05 Cr), Dudhichua-2 (₹1,368.77 Cr)

Industry Trends & Business Environment

  • India's coal production projected to grow ~8.6% annually from FY27P to FY30P
  • Rising share of coal production executed by contractors
  • OB removal projected to account for ~78% of ₹66,393 Cr contract mining market by FY30
  • Company positioned with own fleet, long-standing CIL relationships, and integrated offering

Management Commentary & Growth Outlook

FY27 Guidance:

  • Revenue growth of 45-50% YoY
  • EBITDA growth of 35%+ YoY
  • PAT growth of 35%+ YoY

Strategic Outlook: Growth driven by full ramp-up of three contracts won in Q1 FY27 (Dhoptala-2, Dudhichua-2, Jayant-2) after monsoon

Expected margin recovery in H2 as post-monsoon volumes normalize and new-site fleet reaches full utilization

Strong visibility for H2 with H1 revenue of ₹1,177 Cr and ₹8,634 Cr order book