
Coal India’s latest quarterly filing shows revenue at ₹46,254.8 cr, a 7.8% rise from ₹42,919.2 cr a year earlier, while shares ticked 0.6% higher to ₹424.75 on Friday.
Net profit edged up just 0.63%, to ₹8,852 cr from ₹8,797 cr, and EBITA fell 4.1% to ₹12,069 cr, squeezing the margin to 26.1% from 29.3% last year. The company’s 5.5 ₹ per share interim dividend for FY26‑27 keeps cash flow steady.
Jefferies maintains a “buy” stance, targeting ₹500 per share and citing an 18.5% upside. The brokerage projects a 5% CAGR in dispatch volumes through FY26‑29, and expects e‑auction prices to hover between ₹3,000‑₹3,200 as global coal prices rise.
Analyst coverage is 26 eyes on Coal India, 16 buying, five holding, five selling. Power‑sector demand grew 9% vs 1% last FY, shortening coal‑stock days to seven from a decade‑long 15‑day average. The company’s guidance remains muted, but the upward target and robust dispatch outlook hint at a rebound in earnings growth.