Q4 FY25 — 14 May 2025
Coal India FY25 Investors Meet
Coal India's investor meet focused on addressing flat FY25 volumes and laying out the growth roadmap. Management attributed shortfalls to localized issues at SECL and CCL rather than demand weakness. FY26 guidance is ambitious at 875MT (15%+ growth) backed by improving FMC infrastructure, growing non-power linkages, and import substitution opportunity. E-auction premiums remain healthy at 40%. Key risks include captive mine ramp-up eating into CIL market share and upcoming wage revision in Jun 2026. The Rs 80,000 Cr capex plan includes coal gasification and thermal power diversification.
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