Coal India Ltd. · NSE:COALINDIA

Coal India — H1 2026-27 Earnings Presentation

53 slides from Coal India's earnings presentation, Oct 30, 2026

  1. Slide 1: Revised Investor Presentation filing letter to exchanges

    कोल इण्डिया लललिटे ि Coal India Limited कंपनी सचिवालय Company Secretariat Regd. Office:3rd floor, Core-2 3 तल्ला, कोर-2, प्रेमिसेस-04-एिआर,प्लॉट-ए एफ- Premises no-04-MAR, Plot no-AF-III, Action III,एक्शन एररया-1A, न्यूटाउन, रजरहट, कोलकाता- Area-1A, Newtown, Rajarhat,Kolkata-700156 700156, फोन-033232

  2. Slide 2: Physical and Financial Performance H1 2026-27

    COAL INDIA LTD Physical and Financial Performance H1 2026-27

  3. Slide 3: Overseas subsidiary and Gadadharpur Iron Ore Block

    Incorporation of wholly owned overseas subsidiary: CIL has incorporated Singapore based wholly owned subsidiary viz. CIL Global Pte. Ltd. on 24.08.2026 to explore and develop overseas opportunities in the field of critical minerals asset acquisition, enable an efficient management of overseas invest

  4. Slide 4: MCL Silo, MCL IPO DRHP and coal gasification project

    MCL: 10 MTPA Lakhanpur Silo in Mahanadi coalfields Limited commissioned on 30.08.2026. DRHP for MCL’s IPO was filed on 01.09.2026. India’s First Commercial Coal Gasification Project: Foundation stone laid by Hon'ble President Smt. Droupadi Murmu and Hon'ble Prime Minister Shri Narendra Modi on June

  5. Slide 5: Coal washing capacity and revenue sharing MDO

    Enhancement of Coal Washing Capacity: The newly constructed Bhojudih Coal Washery at BCCL with an annual capacity of 2.0 million tonnes (MTPA), commenced commercial operations on 26 May 2026. With this addition, BCCL's total coal washing capacity has increased to 17.35 MTPA, including 1.70 MTPA oper

  6. Slide 6: Solar power capacity commissioned

    200 MW Solar Power Capacity: CIL has commissioned 200 MW Solar Power Capacity out of the 300 MW Solar Power Project at Khavda, Gujarat on 08.07.2026. 100 MW Solar Power Plant at Bhadramali, Gujarat: CIL has received the commissioning certificate dated 04.05.2026 from Gujarat Energy Development Agenc

  7. Slide 7: Physical Performance H1 2026-27

    Physical Performance H1 2026-27 2% 8% 0.2% Coal Production (MT) Coal Offtake (MT) OB Removal (M.CuM) H1 26-27 H1 26-27 H1 26-27 321.00 384.20 857.61 H1 25-26: 329.14 H1 25-26: 357.05 H1 25-26: 855.69 H1 26-27 H1 26-27 H1 26-27 H1 25-26 H1 25-26 H1 25-26 6

  8. Slide 8: Coal production by subsidiary H1

    Departmental Contractual H1 26-27 Variance Subsidiary H1 25-26 100% 0.00 with Last (Actual) Target Actual Year (%) 80% ECL 22.54 22.27 20.33 10% BCCL 17.22 13.78 15.75 -13% 60% 20.94 18.89 11.56 30.53 68.27 73.36 57.99 CCL 38.95 35.47 29.53 20% 40% NCL 69.05 57.99 69.39 -16% 20% WCL 26.70 27.03 24.8

  9. Slide 9: Coal offtake by subsidiary H1

    H1 26-27 Variance Mode wise OFFTAKE (384 Mill Te) Subsidiary H1 25-26 with Last (Actual) Target Actual Year (%) ECL 28.61 27.23 22.47 21% 300 257 BCCL 18.89 16.51 17.07 -3% 250 CCL 46.65 42.54 33.48 27% 200 123 NCL 70.63 61.81 68.03 -9% 150 WCL 32.46 34.88 28.67 22% 100 SECL 96.75 89.89 84.22 7% 50

  10. Slide 10: OB removal by subsidiary H1

    Departmental Contractual H1 26-27 Variance Subsidiary H1 25-26 100% with Last (Actual) Target Actual Year (%) 80% ECL 74.80 93.81 79.06 19% BCCL 75.00 64.87 81.76 -21% 60% 59.24 149.59 132.93 86.26 59.99 160.87 110.21 CCL 58.00 69.94 52.09 34% 40% NCL 214.79 191.36 214.81 -11% 20% WCL 160.19 168.54

  11. Slide 11: Raw coal stock position

    Raw Coal (Mil Tonne) Overall Closing Stock as on 30-09-2026 Particulars ECL BCCL CCL NCL WCL SECL MCL NEC CIL Opening Stock as on 11.99 9.17 19.36 8.06 13.03 24.87 43.76 0.03 130.28 01-04-2026 ECL 10% Closing Stock as on MCL BCCL 6.95 6.34 11.96 4.20 5.18 11.86 20.08 0.01 66.58 30% 10% 30-09-2026 De

  12. Slide 12: Physical Performance Q2 2026-27

    Physical Performance Q2 2026-27 4% 12% 1% Coal Production (MT) Coal Offtake (MT) OB Removal (M.CuM) Q2 26-27 Q2 26-27 Q2 26-27 151.37 186.34 352.92 Q2 25-26: 145.82 Q2 25-26: 166.10 Q2 25-26: 349.11 H1 26-27 H1 26-27 H1 26-27 H1 25-26 H1 25-26 H1 25-26 11

  13. Slide 13: Coal production by subsidiary Q2

    Departmental Contractual Q2 26-27 Variance Subsidiary Q2 25-26 100% 0.00 with Last (Actual) Target Actual Year (%) 80% ECL 9.98 10.84 8.79 23% BCCL 7.69 7.22 6.71 8% 60% 9.21 6.18 15.10 7.86 38.06 29.55 27.94 CCL 18.02 17.16 12.89 33% 40% NCL 33.75 27.94 33.50 -17% 20% WCL 8.35 10.41 7.45 40% 2.54 1

  14. Slide 14: Coal offtake by subsidiary Q2

    Q2 26-27 Subsidiary Q2 25-26 Variance with (Actual) Last Year (%) Target Actual ECL 12.53 13.27 9.98 33% BCCL 8.27 8.79 8.09 9% CCL 20.41 20.65 14.67 41% NCL 34.51 28.74 33.38 -14% WCL 13.04 17.10 11.01 55% SECL 43.51 41.06 37.87 8% MCL 54.24 56.70 51.06 11% NEC 0.03 0.02 0.04 -50% Overall CIL 186.5

  15. Slide 15: OB removal by subsidiary Q2

    Departmental Contractual Q2 26-27 Variance Subsidiary Q2 25-26 100% with Last (Actual) Target Actual Year (%) 80% ECL 29.75 37.21 32.53 14% BCCL 33.50 32.45 34.05 -5% 60% 27.05 64.75 48.33 34.41 30.15 61.42 43.46 CCL 27.00 32.28 22.75 42% 40% NCL 100.32 84.59 100.20 -16% 20% WCL 47.79 64.99 34.81 87

  16. Slide 16: Financial Performance Q2 2026-27

    FINANCIAL PERFORMANCE Q2 2026 - 27

  17. Slide 17: Q2 financial highlights (₹ Crore)

    (₹ Crore) Sale of Product Revenue from Operations Profit Before Tax 21% 43,724 21% 44,179 46% 8,728 36,074 36,553 5,992 Q2 26-27 Q2 25-26 Q2 26-27 Q2 25-26 Q2 26-27 Q2 25-26 Profit After Tax EBITDA EBITDA on Revenue from Operation 57% 6,547 28% 11,447 2% 8,943 4,167 26% 24% Q2 26-27 Q2 25-26 Q2 26-2

  18. Slide 18: Q2 profit and loss summary

    ₹ Crore Particulars Q2 26-27 Q2 25-26 Inc/Dec Inc/Dec% Sale of Product 43,724 36,074 7,650 21% Sale of services & other revenues 455 479 -24 -5% Revenue from Operations 44,179 36,553 7,626 21% Other Income 2,654 2,140 514 24% Total Income 46,833 38,694 8,139 21% Expenditure 38,398 32,911 5,487 17% P

  19. Slide 19: Q2 expenditure breakdown

    ₹ Crore Particulars Q2 26-27 Q2 25-26 Inc/Dec Inc/Dec% Cost of Materials Consumed 2,752 2,289 463 20% Changes in inventories 3,052 1,331 1,721 129% Employee Benefits Expense 11,777 10,944 832 8% Finance Costs 339 287 52 18% Depreciation, Amortization and Impairment Expenses 2,379 2,664 -285 -11% Str

  20. Slide 20: Financial Performance H1 2026-27

    FINANCIAL PERFORMANCE H1 2026 - 27

  21. Slide 21: H1 financial highlights (₹ Crore)

    (₹ Crore) Sale of Product Revenue from Operations Profit Before Tax 14% 88,859 14% 90,434 15% 20,448 78,155 79,472 17,768 H1 26-27 H1 25-26 H1 26-27 H1 25-26 H1 26-27 H1 25-26 Profit After Tax EBITDA EBITDA on Revenue from Operation 19% 15,397 11% 25,796 12,955 23,291 29% 29% H1 26-27 H1 25-26 H1 26

  22. Slide 22: H1 profit and loss summary

    ₹ Crore Particulars H1 26-27 H1 25-26 Inc/Dec Inc/Dec% Sale of Product 88,859 78,155 10,704 14% Sale of services & other revenues 1,575 1,318 257 20% Revenue from Operations 90,434 79,473 10,961 14% Other Income 4,694 3,756 938 25% Total Income 95,128 83,229 11,891 14% Expenditure 75,215 65,815 9,40

  23. Slide 23: H1 expenditure breakdown

    ₹ Crore Particulars H1 26-27 H1 25-26 Inc/Dec Inc/Dec% Cost of Materials Consumed 6,012 4,851 1,161 24% Changes in inventories 4,470 1,480 2,990 202% Employee Benefits Expense 22,800 21,923 877 4% Finance Costs 666 552 114 21% Depreciation, Amortization and Impairment Expenses 4,682 4,972 -290 -6% S

  24. Slide 24: Subsidiary-wise profit before tax H1

    ₹ Crore Subsidiary H1 26-27 H1 25-26 Inc/Dec Inc/Dec% ECL 655 -581 1,236 Loss to Profit BCCL 83 199 -117 -59% CCL 1,814 1,174 640 55% NCL 5,938 7,290 -1,352 -19% WCL 1,352 767 585 76% SECL 2,911 1,889 1,022 54% MCL 6,575 6,126 449 7% CMPDIL 420 339 81 24% CIL St (Excl. Dividend) 291 279 12 4% CIL Co

  25. Slide 25: Subsidiary-wise profit after tax H1

    ₹ Crore Subsidiary H1 26-27 H1 25-26 Inc/Dec Inc/Dec% ECL 493 -415 908 Loss to Profit BCCL 56 124 -68 -55% CCL 1,353 844 510 60% NCL 4,506 5,382 -876 -16% WCL 1,011 573 438 77% SECL 2,174 1,141 1,033 91% MCL 4,881 4,574 307 7% CMPDIL 311 253 58 23% CIL St (Excl. Dividend) 205 195 11 5% CIL Consolida

  26. Slide 26: Trade Receivables Analysis & Ratio Analysis

    TRADE RECEIVABLES ANALYSIS & RATIO ANALYSIS 25

  27. Slide 27: Trade receivables by subsidiary

    ₹ Crore As on As on As on Inc / (Dec) Subsidiary 30.09.2026 30.06.2026 31.03.2026 Wrt 31.03.26 ECL 1,070 1,309 1,742 (672) BCCL 1,634 2,410 2,682 (1048) CCL 1,318 1,426 1,426 (107) NCL 1,359 1,099 1,128 231 WCL 3,770 4,160 3,680 90 SECL 947 1,424 1,778 (831) MCL 3,353 3,995 3,538 (185) CIL 11 11 11

  28. Slide 28: Trade receivables by party

    ₹ Crore As on As on Inc / (Dec) Party 30.09.2026 31.03.2026 Wrt 31.03.26 MAHAGENCO 3,588 3,469 89 APGENCO 1,930 1,994 (64) NTPC 1,107 1,827 (720) SAIL 773 576 197 TVNL 701 642 59 APPDCL 644 825 (181) UPRVUNL 623 283 340 DPL 480 503 (23) RINL 391 431 (40) RRVUNL 367 503 (136) DVC 266 1,803 (1537) Oth

  29. Slide 29: Ratio analysis

    Ratios 30.09.26 31.03.26 Remarks Debt Equity Ratio 0.13 0.12 Increase in Borrowings Current Ratio 1.81 1.86 Increase in other current liabilities Quick Ratio 1.65 1.62 Increase in Deposits and decrease in inventory Debtor Turnover Ratio (no. of months of Gross Sales) 0.76 0.81 Decrease in Trade Rece

  30. Slide 30: Revenue and Expenditure Analysis H1 & Q2

    REVENUE AND EXPENDITURE ANALYSIS H1 26-27 & Q2 26-27

  31. Slide 31: H1 sale of product variance incl. other charges

    H1 26-27 H1 25-26 Inc / Dec Inc / Dec % Sale of Product (₹ Crore) 88,859 78,155 10,704 14% H1 26-27 H1 25-26 Inc/Dec Impact (₹ Cr) Remarks 327.79 308.47 19.32 4,036 Increase in FSA Qty FSA Qty.(In Mill. Te) Increase in Per Tonne billing Price (In Rs./Te.) 2,144.49 2,088.85 55.64 1,824 realisation Qt

  32. Slide 32: H1 sale of product variance excl. other charges

    Sale of Product (₹ Crore) H1 26-27 H1 25-26 Inc / Dec Inc / Dec % (Excl. Other Charges) 62,308 55,839 6,469 12% H1 26-27 H1 25-26 Inc/Dec Impact (₹ Cr) Remarks 327.79 308.47 19.32 2825 Increase in FSA Qty FSA Qty.(In Mill. Te) Increase in Per Tonne billing Price (In Rs./Te.) 1,471.52 1,461.80 9.72 3

  33. Slide 33: H1 sale of services and other revenues variance

    ₹ Crores H1 26-27 H1 25-26 Inc / Dec Inc / Dec % Sale of services & other revenues 1,575 1,318 257 20% Reason of Variance  Increase in Inflated Mileage Income ₹ 63 Cr  Increase in Stripping Activity Provision Reversal ₹ 204 Cr 32

  34. Slide 34: H1 other income variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 4,694 3,756 938 25% Reason of Variance  Increase on Interest on Deposits : ₹ 1160 Cr  Decrease in Interest received from Income Tax refund : ₹ 303 Cr  Increase in Misc Income : ₹ 80 Cr 33

  35. Slide 35: H1 cost of materials consumed variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 6,012 4,851 1,161 24% Reason of Variance  Increase in Explosive Expenses : ₹ 430 Crore  Increase in Oil & Lubricant Expenses : ₹678 Crore  Increase in HEMM, Other Spares and Timber cost : ₹53 Crore 34

  36. Slide 36: H1 employee benefits expense variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 22,800 21,923 877 4% Reason of Variance  Increase in Basic + DA : ₹207 Cr  Provision for NCWA (Non Executive salary July’26-Sep’26) : ₹ 499 Cr  Increase in Bonus : ₹ 74 Cr  Corresponding Increase in CMPS superannuation Contribution : ₹ 86 Cr 35

  37. Slide 37: H1 finance costs variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 666 552 114 21% Reason of Variance  Increase in Borrowing Cost (mainly BCCL, ECL): ₹ 70 Cr  Increase in unwinding of discount (MCP revision): ₹ 44 Cr 36

  38. Slide 38: H1 depreciation and amortisation variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 4,682 4,972 -290 -6% Reason of Variance  Increase in Depreciation in Other Mining Infrastructure: ₹ 58 Cr  Increase in Amortisation of Stripping Activity Assets: ₹ 252 Cr  During H1 25-26, Provision for Impairment of Exploration & Evaluation Asset a

  39. Slide 39: H1 contractual expense variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 15,985 14,020 1,965 14% Reason of Variance  Increase in Outsourcing Exp for Coal and OB: ₹ 1868 Cr  Increase in Transportation & Wagon loading Exp : ₹ 145 Cr  Reduction in Other Contractual Exp: ₹ 48 Cr 38

  40. Slide 40: H1 other expenses variance

    ₹ Crore H1 26-27 H1 25-26 Inc / Dec Inc / Dec % 23,536 20,283 3,252 16% Reason of Variance  Increase in Rates & Taxes (High offtake): ₹2,777 Cr  Increase in Power Exp : ₹264 Cr  Increase in Provisions for debtors & Others : ₹73 Cr  Increase in P&M Repairs : ₹37 Cr 39

  41. Slide 41: Subsidiary-wise profit before tax Q2

    ₹ Crore Subsidiary Q2 26-27 Q2 25-26 Inc/Dec Inc/Dec% ECL 139 -836 975 Loss to Profit BCCL 186 -48 234 Loss to Profit CCL 795 268 527 197% NCL 2,541 3,659 -1,118 -31% WCL 378 -365 743 Loss to Profit SECL 772 -93 865 Loss to Profit MCL 3,349 2,905 444 15% CMPDIL 260 243 16 7% CIL St (Excl. Dividend)

  42. Slide 42: Subsidiary-wise profit after tax Q2

    ₹ Crore Subsidiary Q2 26-27 Q2 25-26 Inc/Dec Inc/Dec% ECL 116 -593 709 Loss to Profit BCCL 124 -53 177 Loss to Profit CCL 523 182 341 187% NCL 1,890 2,645 -755 -29% WCL 282 -274 556 Loss to Profit SECL 655 -277 932 Loss to Profit MCL 2,482 2,125 357 17% CMPDIL 195 177 18 10% CIL St (Excl. Dividend)

  43. Slide 43: Q2 sale of product variance incl. other charges

    Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % Sale of Product (₹ Crore) 43,724 36,074 7,650 21% Q2 26-27 Q2 25-26 Inc/Dec Impact (₹ Cr) Remarks 159.71 142.70 17.02 3,580 Increase in FSA Qty FSA Qty.(In Mill. Te) Increase in Per Tonne billing Price (In Rs./Te.) 2,191.94 2,103.60 88.33 1,411 realisation Qty

  44. Slide 44: Q2 sale of product variance excl. other charges

    Sale of Product (₹ Crore) Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % (Excl. Other Charges) 30,691 25,532 5,159 20% Q2 26-27 Q2 25-26 Inc/Dec Impact (₹ Cr) Remarks 159.71 142.70 17.02 2,474 Increase in FSA Qty FSA Qty.(In Mill. Te) Increase in Per Tonne billing Price (In Rs./Te.) 1,509.53 1,454.08 55.45

  45. Slide 45: Q2 sale of services and other revenues variance

    ₹ Crores Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % Sale of services & other revenues 455 479 -24 -5% Reason of Variance  Decrease in Stripping Activity Provision Reversal ₹ 31 Cr 44

  46. Slide 46: Q2 other income variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 2,654 2,140 514 24% Reason of Variance  Increase on Interest on Deposits : ₹ 715Cr  Decrease in Interest received from Income Tax Dept : ₹ 202 Cr 45

  47. Slide 47: Q2 cost of materials consumed variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 2,752 2,289 463 20% Reason of Variance  Increase in Explosive Expenses : ₹ 185 Crore  Increase in Oil & Lubricant Expenses : ₹243 Crore  Increase in HEMM, Other Spares and Timber cost : ₹35 Crore 46

  48. Slide 48: Q2 employee benefits expense variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 11,777 10,944 832 8% Reason of Variance  Increase in Basic + DA : ₹166 Cr  Provision for NCWA (Non Executive salary July’26-Sep’26) : ₹ 499 Cr  Increase in Bonus : ₹ 66 Cr  Corresponding Increase in CMPS superannuation Contribution : ₹ 40 Cr 47

  49. Slide 49: Q2 finance costs variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 339 287 52 18% Reason of Variance  Increase in Borrowing Cost (mainly BCCL, ECL): ₹ 30 Cr  Increase in unwinding of discount (MCP revision): ₹ 22 Cr 48

  50. Slide 50: Q2 depreciation and amortisation variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 2,379 2,664 -285 -11% Reason of Variance  Increase in Depreciation in Other Mining Infrastructure: ₹ 25 Cr  Increase in Amortisation of Stripping Activity Assets: ₹ 130 Cr  Provision for Impairment of Exploration & Evaluation Asset as coal blocks de

  51. Slide 51: Q2 contractual expense variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 7,326 6,205 1,121 18% Reason of Variance  Increase in Outsourcing Exp for Coal and OB: ₹ 1099 Cr  Increase in Transportation & Wagon loading Exp : ₹ 71 Cr  Reduction in Other Contractual Exp: ₹ 49 Cr 50

  52. Slide 52: Q2 other expenses variance

    ₹ Crore Q2 26-27 Q2 25-26 Inc / Dec Inc / Dec % 11,878 10,061 1,817 18% Reason of Variance  Increase in Rates & Taxes (High offtake) : ₹1,535 Cr  Increase in Power Exp : ₹145 Cr  Increase in Provisions of Doubtful debts & receivable: ₹133 Cr 51

  53. Slide 53: Thank You

    Thank You

Coal India — H1 2026-27 Earnings Presentation on 6ix