Coal India Ltd

Coal India will hold a meeting of the Board of Directors of the Company on 27 April 2026.

Despite spiraling operational costs, on account of increased prices of explosives and industrial diesel, the State owned Coal India (CIL) is absorbing the price shock insulating India's coal users from escalating cost burden. Any pass through of the mounting prices would lead to a cascading effect. The company is also compensating the increased price of the industrial diesel to the contractors, operating in CIL's mines, who purchase it in bulk quantities. The cost of Ammonium Nitrate (AN) which makes up for around 60% of the material composition in manufacturing of explosives, which CIL uses in its opencast mines, increased by 44 percent from pre-war level of Rs.50,500 per metric ton to Rs.72,750 metric per ton as of 1 April 2026. Prior to the West Asian crisis AN prices applicable to CIL held steady from August 2025 till January 2026 before touching Rs.50,500 per metric ton as of 1 March 2026 and since then had taken an upward route. This sharp increase in the price of AN had a direct bearing on the cost of explosives that CIL uses in large quantities in blasting operations to uncover overburden and expose coal seams. As a result, the average cost of explosives shot up by around 26% from Rs.39,588 per metric ton in February 2026 to Rs.49,783 per metric ton by March end. Annually, CIL's producing subsidiaries consume around 9 Lakh metric tons of total explosives. Diesel was another important component where the price was shot up. In most of the CIL's subsidiaries the price of the industrial diesel increased by around 54 percent from Rs. 92 per litre in mid-March 2026 to Rs. 142 per litre as of 1st April 2026. During the recently ended fiscal 2025-26 the consumption of diesel was around 4.19 Lakh Kilo Litres (KL). One KL is equivalent to 1000 Litres. At a time when the energy prices are surging ahead, apart from absorbing the price shocks, some of CIL's subsidiaries have reduced the reserve price of coal in Single Window Mode Agnostic e-auction. The company has also increased the frequency of auctions and the quantum of coal to be put under the auction. CIL intends to supply the dry fuel at an affordable price to the country's citizens to cap the consequent costs.

Coal India achieved coal production of 84.5 million tons (MT) in month of March 2026 compared to 85.8 MT in March 2025, recording a decline of 1.5%. Coal offtake was 0.7% higher at 69.5 MT in March 2026. For FY2026, the company reported decline of 1.7% in coal production at 768.1 MT while offtake declined 2.4% to 744.8 MT.

Coal India announced that Central Mine Planning & Design Institute, pursuant to its IPO, has sold 107,100,000 equity shares at an offer price of Rs 172.00 per share which were offered for sale by the Company. Central Mine Planning & Design Institute has been listed on BSE and National Stock Exchange of India effective 30 March 2026. As a result of the above, the Company's shareholding in Central Mine Planning & Design Institute stands reduced from 100% to 85% (i.e., from 714,000,000 equity shares to 606,900,000 Equity Shares) of the issued and paid-up equity share capital of Central Mine Planning & Design Institute. Consequent to the above, Central Mine Planning & Design Institute ceases to be a wholly-owned subsidiary of the Company. However, it continues to remain a subsidiary of the Company. Powered by Capital Market - Live

Coal India Ltd is up for a third straight session today. The stock is quoting at Rs 457.5, up 2.8% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 1.27% on the day, quoting at 22530.55. The Sensex is at 72575.17, down 1.37%. Coal India Ltd has gained around 7.33% in last one month. Meanwhile, Nifty Energy index of which Coal India Ltd is a constituent, has gained around 3.42% in last one month and is currently quoting at 35214.8, down 0.02% on the day. The volume in the stock stood at 136.38 lakh shares today, compared to the daily average of 151.5 lakh shares in last one month. The benchmark March futures contract for the stock is quoting at Rs 457.45, up 2.42% on the day. Coal India Ltd is up 15.05% in last one year as compared to a 2.74% slide in NIFTY and a 5.76% slide in the Nifty Energy index.The PE of the stock is 16.65 based on TTM earnings ending December 25.Powered by Capital Market - Live

The order involves the development of 750 MWh (187.5 MW for 4 hours) BESS Plant at Choutuppal at Rs 3.14 lakh per MW per month. The total exstimated project cost stands at Rs 1,057.09 crore. The project is scheduled to be executed within 18 months from the signing of the Battery Energy Storage Purchase Agreement (BESPA). State-run Coal India is mainly engaged in mining and production of coal and also operates coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, and brick kilns. On a consolidated basis, Coal India (CIL)'s net profit declined 15.85% to Rs 7,157.45 crore while net sales declined 4.76% to Rs 30,818.17 crore in Q3 December 2025 over Q3 December 2024.Powered by Capital Market - Live

The washeries, with a combined capacity of 21.5 million tonnes per year (MTY), are expected to be operational by FY2030, the company said. The upcoming facilities will be in addition to the 10 coking coal washeries already operated by CIL, which together have a cumulative capacity of 18.35 MTY. The company will also invest around Rs 300 crore towards renovation and modernisation of its existing washeries to enhance efficiency and utilisation. Of the eight new units, five washeries with a capacity of 14.5 MTY will be set up under Central Coalfields, while the remaining three, with a capacity of 7 MTY, will come up under Bharat Coking Coal. CIL said the calibrated expansion and modernisation drive is aimed at improving the quality of domestically produced coking coal and reducing reliance on imports over the medium term. The company has already monetised one coking coal washery under Bharat Coking Coal and plans are underway to monetise three additional older, non-operational washeries in line with the National Monetization Policy. It is also undertaking renovation and modernisation of two ageing washeries to improve throughput, recovery efficiency and process reliability. In a public-private partnership model, CIL is collaborating with Tata Steel Limited to leverage washing capacity and technical expertise, aiming to boost the supply of quality coking coal to the domestic steel industry. Coking coal is a key raw material in steel production. However, domestic reserves are limited and typically have high ash content of 25'45%, significantly higher than global benchmarks, necessitating imports. The company expects that these initiatives will help substitute imported coking coal, reduce foreign exchange outgo, and enhance the competitiveness of India's steel sector. State-run Coal India is mainly engaged in mining and production of coal and also operates coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, and brick kilns. On a consolidated basis, Coal India (CIL)'s net profit declined 15.85% to Rs 7,157.45 crore while net sales declined 4.76% to Rs 30,818.17 crore in Q3 December 2025 over Q3 December 2024. The scrip rose 0.73% to currently trade at Rs 446.95 on the BSE.Powered by Capital Market - Live

In December last year, the board of CIL had accorded in-principle approval for the listing of South Eastern Coalfields (SECL). Accordingly, at the meeting held yesterday, CIL's board has approved the divestment of up to 25% of equity shares held by Coal India in SECL through offer for sale (OFS), along with issuance of fresh equity shares of SECL aggregating up to 10% of the post issue paid-up equity share capital, The proposed transaction would be executed in one or more tranches, through Initial Public Offer (IPO) or other permissible market routes in the domestic market. The approved proposal would be routed through the Ministry of Coal for further processing with DIPAM. The completion of this transaction remains subject to regulatory approvals and customary formalities, CIL added. State-run Coal India is mainly engaged in mining and production of coal and also operates coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, and brick kilns. On a consolidated basis, Coal India (CIL)'s net profit declined 15.85% to Rs 7,157.45 crore while net sales declined 4.76% to Rs 30,818.17 crore in Q3 December 2025 over Q3 December 2024. The scrip fell 2.50% to currently trade at Rs 444 on the BSE. Powered by Capital Market - Live

The Red Herring Prospectus (RHP) dated 12 March 2026 of Central Mine Planning and Design Institute (CMPDIL), a wholly owned subsidiary of Coal India, was filed with SEBI, BSE and NSE. The RHP filing pertains to the proposed initial public offering ('IPO') of CMPDIL comprising an offer for sale of up to 107,100,000 equity shares by Coal India, which remains subject to receipt of applicable approvals, market conditions, and other relevant considerations.Powered by Capital Market - Live

The RHP filing pertains to the proposed initial public offering (IPO) of CMPDIL comprising an offer for sale of up to 107,100,000 equity shares by Coal India, which remains subject to receipt of applicable approvals, market conditions, and other relevant considerations. State-run Coal India is mainly engaged in mining and production of coal and also operates coal washeries. The major consumers of the company are the power and steel sectors. Consumers from other sectors include cement, fertilizers, and brick kilns. On a consolidated basis, Coal India (CIL)'s net profit declined 15.85% to Rs 7157.45 crore while net sales declined 4.76% to Rs 30818.17 crore in Q3 December 2025 over Q3 December 2024. The scrip shed 0.88% to settle at Rs 466 on the BSE.Powered by Capital Market - Live