Coal India Ltd. (CIL), a prominent state-owned enterprise, is preparing to unveil its financial performance for the fourth quarter of fiscal year 2025-26 (Q4 FY26) on Monday, April 27, 2026. Alongside the quarterly results, CIL's Board of Directors will convene to deliberate on and potentially recommend a final dividend for its shareholders for the financial year concluded on March 31, 2026.
The announcement is expected to take place post-market hours, though an official confirmation regarding the exact timing is still pending. This decision follows a meeting of the Audit Committee and subsequent review by the CIL Board to approve the audited financial results, both standalone and consolidated, for the period.
Production and Dispatches Overview
In March 2026, Coal India experienced a slight contraction in its production, which fell by 1.5 percent year-over-year to 84.5 million tonnes (mt). Conversely, dispatches saw a modest increase of 0.7 percent year-over-year, reaching 69.5mt during the same month.
For the entire fiscal year 2026, CIL's production stood at 768.1mt, marking a 1.7 percent decrease from the previous year. Dispatches for FY26 also saw a reduction, declining by 2.4 percent year-over-year to 744.8mt.
Analyst Expectations and Stock Performance
Market analysts, including Equirus Securities, have offered their projections for CIL's Q4 FY26 performance. Equirus anticipates an 8.7 percent year-over-year decrease in adjusted EBITDA, projecting it at Rs 10,250 crore. This expected decline is attributed to several factors, including weaker e-auction realisations, a surplus of coal inventories at power plants, and ongoing erosion of market share.
Equirus Securities has maintained a 'SHORT' rating on CIL shares, setting a target price of Rs 370 by March 2027. Despite these cautious outlooks, CIL shares closed 1.40 percent higher at Rs 456.90 on Friday, April 25, 2026, accumulating a 15.18 percent gain over the preceding six months.