Key Operational Highlights

Physical Performance Q1 FY27

  • Coal Production: 169.63 million tonnes (MT), down 7% YoY from 183.32 MT in Q1 FY26
  • Coal Offtake: 197.86 MT, up 4% YoY from 190.96 MT
  • Overburden Removal: 504.68 million cubic meters, down 1% YoY from 508.31 million cubic meters
  • Inventory Position: Closing stock of 101.35 MT as of 30th June 2026, decreased by 28.93 MT (22%) from March 2026 but increased by 2.41 MT (2%) from June 2025

Subsidiary-wise Production Performance

  • ECL: 11.43 MT vs 11.54 MT YoY (-1%)
  • BCCL: 6.56 MT vs 9.04 MT YoY (-27%)
  • CCL: 18.31 MT vs 16.64 MT YoY (+10%)
  • NCL: 30.05 MT vs 35.89 MT YoY (-16%)
  • WCL: 16.63 MT vs 17.39 MT YoY (-4%)
  • SECL: 44.10 MT vs 41.14 MT YoY (+7%)
  • MCL: 42.53 MT vs 51.58 MT YoY (-18%)
  • NEC: 0.03 MT vs 0.10 MT YoY (-70%)

Strategic Developments

Coal Gasification Project

  • Foundation stone laid on 20th June 2026 by President Droupadi Murmu and Prime Minister Narendra Modi
  • ₹25,000 crore investment through BCGCL (CIL-BHEL joint venture)
  • Annual capacity: 6.6 lakh tonnes of Ammonium Nitrate

Capacity Enhancements

  • Bhojudih Coal Washery: 2.0 MTPA capacity commenced commercial operations on 26th May 2026
  • Total Washing Capacity: BCCL's capacity increased to 17.35 MTPA (including 1.70 MTPA through TSL)

Revenue Sharing MDO Model

  • Production commenced from ASGKCC Mine (Katras Area) under revenue-sharing model
  • BCCL receives 9% of revenue
  • Q1 FY27 production: 11,980 tonnes

Solar Power Capacity

  • 100 MW Solar Power Plant at Bhadramali, Gujarat commissioned with certificate dated 4th May 2026
  • Effective from 31st March 2026
  • Total solar capacity: 200 MW

Financial Performance (Standalone)

Income Statement

  • Revenue from Operations: ₹46,255 crore, up 8% YoY from ₹42,919 crore
  • Other Income: ₹2,040 crore, up 26% YoY from ₹1,616 crore
  • Total Income: ₹48,295 crore, up 8% YoY from ₹44,535 crore
  • Expenditure: ₹36,816 crore, up 12% YoY from ₹32,903 crore
  • PBT (without JV): ₹11,479 crore, down 1% YoY from ₹11,632 crore
  • Share of JV Profit: ₹240 crore, up 67% YoY from ₹144 crore
  • Profit Before Tax: ₹11,719 crore, down 0.5% YoY from ₹11,776 crore
  • Tax Expense: ₹2,870 crore, down 4% YoY from ₹2,988 crore
  • Profit After Tax: ₹8,850 crore, up 0.7% YoY from ₹8,788 crore

Expenditure Breakdown

  • Cost of Materials Consumed: ₹3,260 crore, up 27% YoY
  • Changes in Inventories: ₹1,418 crore, up 851% YoY
  • Employee Benefits Expense: ₹11,023 crore, up 0.4% YoY
  • Finance Costs: ₹327 crore, up 23% YoY
  • Depreciation & Amortization: ₹2,303 crore, down 0.2% YoY
  • Stripping Activity Adjustment: -₹1,830 crore (reversal)
  • Contractual Expense: ₹8,658 crore, up 11% YoY
  • Other Expenses: ₹11,658 crore, up 14% YoY

Subsidiary-wise PBT Performance

  • ECL: ₹517 crore, up 102% YoY
  • BCCL: -₹103 crore loss vs ₹247 crore profit YoY
  • CCL: ₹1,019 crore, up 12% YoY
  • NCL: ₹3,397 crore, down 6% YoY
  • WCL: ₹974 crore, down 14% YoY
  • SECL: ₹2,139 crore, up 8% YoY
  • MCL: ₹3,226 crore, flat YoY
  • CMPDIL: ₹160 crore, up 68% YoY
  • CIL St (Excl. Dividend): ₹211 crore, up 20% YoY

Sales Performance

Sales Realization

  • Overall Sales Quantity: 198.23 MT, up 4% YoY
  • Overall Average Realization: ₹2,276.62 per tonne, up 3% YoY from ₹2,208.23

Segment-wise Sales

  • FSA Sales: 168.07 MT at ₹2,099.41/tonne (YoY: 165.77 MT at ₹2,076.15/tonne)
  • E-Auction Sales: 26.52 MT at ₹3,085.44/tonne (YoY: 21.25 MT at ₹2,917.22/tonne)
  • Washed Coal & Other: 3.64 MT at ₹4,567.80/tonne (YoY: 3.54 MT at ₹4,136.16/tonne)

Other Revenue Streams

  • Sale of Services & Other Revenues: ₹1,120 crore, up 34% YoY
  • Other Income: ₹2,040 crore, up 26% YoY (mainly due to ₹449 crore increase in interest on deposits)

Financial Ratios (as of 30.06.2026)

  • Debt Equity Ratio: 0.12 (stable from 31.03.2026)
  • Current Ratio: 1.90 (improved from 1.86)
  • Quick Ratio: 1.70 (improved from 1.62)
  • Debtor Turnover Ratio: 0.79 months (decreased from 0.81 months)
  • Inventory Turnover Ratio: 1.22 months (unchanged)
  • EBITDA Margin: 31% (down from 32%)
  • Operating Margin: 21% (up from 19%)
  • Gross Profit Margin: 25% (unchanged)
  • Net Profit Margin: 19% (up from 18%)
  • EPS: ₹14.36 (not annualized)
  • Book Value Per Share: ₹206.91 (up from ₹193.26)

Trade Receivables Position (₹ crore)

  • ECL: ₹1,309 crore (decreased ₹433 crore from March 2026)
  • BCCL: ₹2,410 crore (decreased ₹272 crore)
  • CCL: ₹1,426 crore (unchanged)
  • NCL: ₹1,099 crore (decreased ₹29 crore)
  • WCL: ₹4,160 crore (increased ₹480 crore)
  • SECL: ₹1,424 crore (decreased ₹354 crore)
  • MCL: ₹3,995 crore (increased ₹457 crore)
  • CIL: ₹11 crore (unchanged)

*Figures are before adjustment of unbilled incentive and Coal Quality Variance.