Business Overview

Caliber Mining and Logistics Limited is an integrated coal mining and logistics solutions provider engaged in coal mining services (overburden removal and coal extraction), coal and iron ore logistics, rake loading, rail coordination, and coal trading. Operations are located in Maharashtra, Madhya Pradesh and Chhattisgarh. Primary customers are mine-owning subsidiaries of Coal India Limited, namely Western Coalfields Limited and Northern Coalfields Limited.

Operational Contracts

The company maintains multiple ongoing contracts across various sites:

  • Lalpeth OB (WCL, Chandrapur Area): July 2023 - October 2027, ₹49.46 crore balance work
  • Jayant OCP (NCL): September 2023 - September 2026, ₹140.29 crore balance work
  • Sasti OC (WCL, Ballarpur Area): September 2023 - July 2029, ₹853.78 crore balance work
  • New Majri UG to OC (WCL, Majri Area): October 2023 - April 2027, ₹769.73 crore balance work
  • Dudhichua (NCL): August 2025 - August 2029, ₹1,171.89 crore balance work
  • Gouri Pouni New (WCL, Ballarpur Area): March 2026 - February 2031, ₹1,837.25 crore balance work

New Contracts Received During Q1 FY27

  • Dhoptala-2 (New) (WCL, Ballarpur Area): May 2026 - May 2031, ₹1,024.17 crore balance work
  • Dudhichua-New-2 (NCL): June 2026 - June 2029, ₹1,430.51 crore balance work
  • Jayant-New-2 (NCL): June 2026 - September 2028, ₹1,485.91 crore balance work

Q1 FY2027 Financial Performance

Revenue: ₹65,705.07 lakhs (Q1 FY26: ₹39,321.42 lakhs), representing 67.10% YoY growth

Segment-wise Revenue Breakdown:

  • Coal mining services: ₹59,727.49 lakhs (90.90% of revenue)
  • Logistics: ₹5,186.38 lakhs (7.89% of revenue)
  • Rake loading: ₹716.77 lakhs (1.09% of revenue)
  • Rail coordination services: ₹16.39 lakhs (0.02% of revenue)
  • Trading: ₹58.04 lakhs (0.09% of revenue)

Profitability Metrics:

  • EBITDA: ₹11,037.16 lakhs (Q1 FY26: ₹9,567.84 lakhs), 15.36% YoY growth
  • Reported EBITDA Margin: 16.80% (Q1 FY26: 24.33%)
  • Normalized EBITDA Margin (after diesel cost passthrough adjustment): 20.02%
  • Cash Profit: ₹6,854.28 lakhs (Q1 FY26: ₹5,536.98 lakhs), 23.79% YoY growth
  • Profit Before Tax: ₹3,948.40 lakhs (Q1 FY26: ₹5,044.16 lakhs), (21.72)% YoY change
  • Net Profit After Tax: ₹2,976.04 lakhs (Q1 FY26: ₹3,794.19 lakhs), (21.56)% YoY change
  • PAT Margin: 4.53% (Q1 FY26: 9.65%)
  • Basic & Diluted EPS: ₹5.53 (Q1 FY26: ₹7.08)

Other Financials:

  • Other Income: ₹193.16 lakhs (Q1 FY26: ₹55.41 lakhs)
  • Operating Expenses: ₹54,667.91 lakhs (Q1 FY26: ₹29,753.58 lakhs)
  • Depreciation: ₹4,523.04 lakhs (Q1 FY26: ₹2,848.77 lakhs)
  • Finance Costs: ₹2,802.83 lakhs (Q1 FY26: ₹1,672.34 lakhs)
  • Tax Expense: ₹972.36 lakhs (Q1 FY26: ₹1,249.97 lakhs)

Order Book Position

  • Opening Order Book (April 1, 2026): ₹5,66,829.69 lakhs
  • Additions during Q1 FY27: ₹4,04,489.17 lakhs
  • Executed during Q1 FY27: ₹58,837.42 lakhs
  • Closing Order Book (June 30, 2026): ₹9,12,481.44 lakhs
  • Average order book tenure: 46 months

Credit Rating Update

CRISIL Ratings upgraded the company's bank facility ratings in August 2026:

  • Total Bank Loan Facilities rated: ₹1,414.90 crore
  • Long Term Rating: CRISIL A-/Positive (upgraded from 'CRISIL BBB+/Stable')
  • Short Term Rating: CRISIL A2+ (upgraded from 'CRISIL A2')

The upgrade reflects the company's strengthening credit profile following its listing.

Growth Strategy and FY27 Targets

The company outlined the following growth targets for FY27:

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

Key strategic initiatives include:

  • Scaling up fleet capacity and equipment funded through IPO proceeds and internal accruals
  • Cost optimization and control measures
  • Operational excellence through advanced equipment utilization and process optimization
  • Geographic expansion into Odisha and Jharkhand
  • Logistics diversification into iron ore

Forward-Looking Statements

The presentation contains forward-looking statements concerning the company's future business prospects and profitability, subject to risks and uncertainties including fluctuations in earnings, ability to manage growth, competition, economic growth, ability to attract professionals, time and cost overruns, government policies, and interest rates.

Disclaimer

The presentation states it does not constitute any offer, recommendation or invitation to purchase securities and shall not form the basis for any contract or binding commitment.