Coal India Ltd

Q3 FY26Consumable Fuels

Coal India Q3 FY26: Revenue ₹30,818 Cr, PAT ₹7,166 Cr

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹422

Market cap₹2.5L Cr

P/E8.1

Updated24 Sept 2026

Read4 min read

Based on Coal India Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Net Sales Q3 25-26: ₹30,818 crore, down 5% YoY from ₹32,359 crore (Page 38). EBITDA (Q3 25-26): ₹9,473 crore, down 20% from ₹11,792 crore in Q3 24-25 (Page 36).

From Coal India Ltd's Q3 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Net Sales Q3 25-26: ₹30,818 crore, down 5% YoY from ₹32,359 crore (Page 38).
Total Income Q3 25-26: ₹37,316 crore, down 4% YoY from ₹39,002 crore (Page 34).
Overall Sales Quantity Q3 25-26: 188.17 million tonnes, down 3% YoY from 194.10 million tonnes (Page 38).
Average Realization per Tonne Q3 25-26: ₹1,638, down 2% YoY from ₹1,667 (Page 38).

2 more points management made on revenue & sales performance

Profitability & Margins

EBITDA (Q3 25-26): ₹9,473 crore, down 20% from ₹11,792 crore in Q3 24-25 (Page 36).
Operating Margin (Q3 25-26): 22%, decreased from 28% in Q3 24-25 (Page 21).
Profit After Tax (PAT) (Q3 25-26): ₹7,166 crore, down 16% from ₹8,491 crore in Q3 24-25 (Page 34).
EBITDA Margin on Net Sales (Q3 25-26): 35%, down from 41% in Q3 24-25 (Page 21).

2 more points management made on profitability & margins

See what Coal India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

- **Solar Power Project**: MoU signed on 05.05.2025 with UPRVUNL for setting up a 500 MW solar power project in Uttar Pradesh as part of Green and Renewable Energy Initiatives. - **New Renewable Energy Subsidiary**: Incorporation of CIL Rajasthan Akshay Urja Limited on 09.06.2025; ownership: CIL 74%, RVUNL 26%. - **Thermal Power Project**: 50:50 JV agreement with DVC to develop a brownfield thermal power project at Chandrapura, Jharkhand. Capacity: 1,600 MW (2×800 MW supercritical units). - **Listing of BCCL**: Subsidiary BCCL shares listed on BSE and NSE on 19th January 2026 (not a project but a corporate milestone). No explicit capex amounts or timelines for completion are stated in the presentation for these projects.

Fundraising & Capital Structure

The presentation mentions an increase in borrowing costs linked to working capital loans for subsidiaries BCCL, ECL, and CIL (Page 41: ₹58 Cr increase; Page 27: ₹121 Cr increase).
Debt Equity Ratio increased from 0.09 (31.03.25) to 0.14 (31.12.25), attributed to an increase in working capital loan (Page 21).
Current and Quick Ratios improved as a result of increased deposits (Page 21).
There is no explicit mention of new fundraising through issuing debt or equity in the presentation.

2 more points management made on fundraising & capital structure

See what Coal India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The presentation reports the following related to order book and order inflow: - Overall CIL Order Book (OBR) as on Q3 25-26 stands at 546.87 Million Cubic Meters (Mill Cum) - Breakdown of Order Book: - Departmental OB: 63.19 Mill Cum (12%) - Contractual OB: 483.68 Mill Cum (88%) - Order Book variance with last year shows a decrease of 2% - Subsidiary-wise Departmental and Contractual OB quantities are detailed, for example: - ECL Departmental OB: 5.21 Mill Cum; Contractual OB: 3.21 Mill Cum - BCCL Departmental OB: 6.10 Mill Cum; Contractual OB: 25.62 Mill Cum - Total Outward Booking Received (OBR) for 9M 25-26 is 1,402.65 Mill Cum - Departmental OB: 174.09 Mill Cum (12%)

2 more points management made on order book & pipeline

Coal India Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹46.5K Cr, net profit ₹10.9K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Coal India Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Coal India Ltd Q3 FY26 results?

Net Sales Q3 25-26: ₹30,818 crore, down 5% YoY from ₹32,359 crore (Page 38). EBITDA (Q3 25-26): ₹9,473 crore, down 20% from ₹11,792 crore in Q3 24-25 (Page 36).

What is Coal India Ltd share price analysis?

Coal India Ltd currently shows a neutral. The stock trades at a P/E of 8.1 with a market cap of ₹252,610 Cr. Investors should review the full earnings analysis for detailed insights.

Is Coal India Ltd planning capital expenditure?

Solar Power Project: MoU signed on 05.05.2025 with UPRVUNL for setting up a 500 MW solar power project in Uttar Pradesh as part of Green and Renewable Energy Initiatives.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.