Coal India’s July production drops 15.6%, Offtake Down 11.3% YoY.

Kolkata, August 1 (IST) – Coal India Ltd (NSE: COALINDIA) posted a provisional 15.6% year-on-year decline in production of coal during July 2025 to 46.4 million tonnes (MT) against 55.0 MT during the corresponding month of last year. The offtake in the month was also reduced by 11.3% to 53.7 MT as against 60.5 MT, owing to low performance in key subsidiaries. Although the company reported a decrease in profits during the quarter (Q1 FY25), Coal India announced another interim dividend in the amount of ₹5.50 per share.

The decline in July production and sales is likely due to the monsoon disruption, a seasonal trend common in the mining industry. However, the year-on-year performance is not as close to approaching as it could be argued that the rate of recovery can be questioned, as well as the capacity of such output to meet annual targets.

July 2025 Performance Snapshot

Coal India Ltd (CIL) had a consolidated production of 46.4 million tonnes (MT) in July 2025, a 15.6% fall year-on-year, and offtake slipped 11.3% to 53.7 MT. Equally, sub-organisations such as MCL, NCL, and SECL recorded a decline in production of 12.8%, 10.4%, and 10.9%, respectively. Production decline was sharpest in CCL and BCCL, with drops of 38.2% and 28.8% in production. Notably, the output of NEC was recorded as zero, a 100% decrease compared to the previous year.

Cumulative Performance: Apr-July FY26

Coal India Ltd (CIL) has registered a total of 229.8 million tonnes (MT) in production during April-July FY26, with a negative growth rate of 5.9% against 244.3 MT recorded in the same period of the previous year. Total offtake also decreased by 5.7%, decreasing to 244.5 MT from 259.4 MT. There was a decline in both production and offtake on a year-on-year basis, indicating reduced operational performance during the first few months of FY26.

Subsidiary Trends

• MCL maintained the highest output with 66.3 MT but saw a 3.5% dip YoY.
• SECL showed resilience in offtake (+1.9%) despite a 5.9% drop in production.
• CCL recorded the steepest decline in offtake at -22.2%, alongside a 19.3% fall in production.
• NEC, which contributed minimally, showed a 53.3% increase in production but remains insignificant in total share.

Coal India Ltd Share Price Performance

As of 1 August 2025, at 4:25 pm IST, the share price of Coal India Ltd closed at ₹372.80, down ₹3.55 (0.94%) from its previous close of ₹376.35. The share opened at ₹375.00 and has an intraday high and low of ₹381.15 and ₹370.70. The market cap of the company was at ₹2.29LCr, and the PE ratio was noted at 6.50, compared to the industry average of 9.79.

About Coal India Ltd

Coal India Limited (CIL) is a state-owned coal mining company, established in November 1975, and is currently the world’s largest coal producer. It operates through subsidiaries across eight Indian states, managing a total of 310 working mines (129 underground, 168 opencast, and 13 mixed) as of April 1, 2025. CIL is also a significant corporate employer with 220,242 employees as of April 1, 2025, and holds the prestigious “Maharatna” status granted by the Indian government, enabling it to expand its operations and become a global leader.

REF: https://nsearchives.nseindia.com/corporate/COALINDIA_01082025144130_prod010825signed.pdf

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