Event Type: This was a Q1 FY27 earnings conference call, which is the company's first-ever quarterly results call.

Event Date and Time: The earnings call was held on August 12, 2026. A specific start time was not disclosed in the transcript.

Purpose of Event: The stated purpose was to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27).

Management Participants: The following management representatives participated in the call:

  • Mr. Mohit Satishkumar Chadda – Chairman and Managing Director
  • Mr. Nikhil Kamal Kishore Karwa – Chief Financial Officer

The call was moderated by Mr. Abhishek Mehra from DAM Capital Advisors Limited.

Availability of Materials: The company confirmed that a transcript of the earnings call was filed with the stock exchanges and is also available on the company's website at https://cmll.in/financial-results/. An investor presentation was also referenced as having been uploaded.

UPSI Statement: The document is a regulatory filing of the call transcript itself. The transcript contains management commentary on results and operations but does not include an explicit compliance statement confirming that no Unpublished Price Sensitive Information (UPSI) was shared during the call.

Financial Period & Guidance:

  • The call pertained to Q1 FY27 (quarter ended June 30, 2026) results.
  • Financial Highlights Disclosed:
  • Revenue: INR 657 crores (vs. INR 393 crores in Q1 FY26)
  • EBITDA: INR 110 crores (vs. INR 95.67 crores in Q1 FY26)
  • Reported EBITDA Margin: 16.80%
  • Adjusted EBITDA Margin (excluding INR 10.57 cr diesel escalation revenue): 20.02%
  • Cash Profit: INR 68.54 crores (vs. INR 55.37 crores in Q1 FY26)
  • Order Book (incl. GST): INR 9,124 crores as of June 30, 2026
  • Gross Debt: Started the year at INR 1,024 crores; expected to be ~INR 750 crores by year-end post-IPO proceeds repayment.
  • Cost of Debt: Average 8.5% to 9%, expected to decrease post-credit rating upgrade.
  • Operational Highlights Disclosed:
  • Coal Extraction: 1.54 million metric tons (vs. 1.21 MMT in Q1 FY26)
  • Overburden Removal: 43.37 million cubic meters (vs. 28.56 Mcum in Q1 FY26)
  • Coal Transported by Road: 2.42 million metric tons (vs. 2.98 MMT in Q1 FY26)
  • Coal Loaded on Rakes: 4.77 million metric tons (vs. 4.46 MMT in Q1 FY26)
  • Fleet Size: 2,033 vehicles as of June 2026
  • Revenue Mix: 91% (INR 597 cr) from coal mining services.
  • Number of Operational Sites: 7 sites across Maharashtra, Madhya Pradesh, and Chhattisgarh.
  • Forward-Looking Guidance Provided:
  • Revenue Growth: 45% to 50% Year-on-Year for FY27.
  • EBITDA Growth: 35%+ Year-on-Year for FY27 (subject to fuel cost normalization).
  • PAT Growth: 35%+ Year-on-Year for FY27.
  • Capex Plan: INR 450 crores planned for the full year; INR 167 crores from cash, INR 283 crores from loan.
  • Q2 Outlook: Monsoon is a seasonally weak quarter; targeting ~34 million cubic meters of overburden removal (vs. 43.37 Mcum in Q1). Q3 and Q4 are expected to be the strongest quarters.

Strategic Themes: Management discussed a strategic shift from logistics towards mining, MDO (Mine Developer and Operator) projects, and exploring opportunities in other minerals like iron ore. They emphasized a focus on ROC-disciplined bidding, sweating assets, and maintaining in-house maintenance to control costs.

Additional Notes Section

  • The disclosed document is the transcript of the earnings call, filed pursuant to Regulation 30 of SEBI LODR Regulations, 2015.
  • The transcript contained detailed financial and operational data from Q1 FY27, as summarized above.
  • The company also announced a credit rating upgrade from CRISIL from 'BBB positive' to 'A minus with a positive outlook' post-IPO.