Coal India Limited — Investor Meet, 17-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Coal India has announced a board meeting to consider the financial results for the quarter and half-year. Management guided production of 875 MT for FY26 and over 900 MT for FY27. Volume growth was affected in FY25 due to heavy rainfall and clearance delays, but demand remains strong, especially from non-power sectors. Mechanized evacuation improved, with rake loading up 15% YTD. Competitive pressure from captive mines is rising, yet demand is supported by new power capacity and reduced imports. Capex is steady at ~₹20,000 Cr annually. Employee count is gradually declining; wage revision due mid-2026 may impact costs. Mid-to-high single-digit volume growth is expected, focusing on long-term contracts and efficient spot market supply management.