So, in an interview in ET, it was stated that total dues for coal India may come to 30k Crores.
Out of this, they indicate up to 24k is recoverable from their clients, and 6k will be from their end. This is the maximum, subject to how state governments levy them, royalty, etc.
Now, this will be over 12 years. Even if we take 30k entirely, payable over 12 years with no interest, etc., it comes out to 2500/yr. The impact is real but manageable. ~ 7% current profits.
The Market thinks it’s a nothing burger, and prices have increased since the decision. You have to analyze the rest.
Disclosure: Invested.
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