The Coal India share price came under pressure in the stock market today, slipping nearly 3% in intraday trade on February 13. The stock touched a five-week low of ₹408.10 as investors reacted to the company’s December quarter numbers.
The reaction was quick. And it was visible.
This fall has now extended the decline to:
- 5.30% this week
- 7% month-to-date
The market mood clearly shifted after the Q3 earnings announcement.
Market Performance
In the stock market today, Coal India shares opened weak and continued to trade in the red during intraday deals. The drop to ₹408.10 marks the lowest level seen in the past five weeks.
The softness followed the company's post-market-hours Q3 earnings announcement. Investors had expected stability. Instead, the numbers showed pressure on key parameters.
Short-term price movement reflects one clear thing — disappointment in year-on-year performance.
Coal India Q3 Results 2026: What the Numbers Say?
Coal India reported its December quarter results after market hours on Thursday. The data paints a mixed picture — improvement sequentially, but weakness compared to last year.
Let’s break it down clearly.
Net Profit Falls Year-on-Year
Coal India reported:
- Consolidated net profit: ₹7,165 crore
- Net profit (YoY): ₹8,491 crore
- Net profit (QoQ): ₹4,264 crore
The decline is visible on a yearly basis. Net profit fell from ₹8,491 crore to ₹7,165 crore.
However, sequentially, profit improved sharply by 68% compared to the September quarter.
The dip was mainly due to:
- Weaker sales
- Higher operating costs
- Weak realizations
The impact showed up clearly in the final earnings number.
Revenue from Operations Declines 4.7% YoY
Revenue also saw pressure.
- Revenue (Q3 FY26): ₹30,818 crore
- Revenue (YoY): ₹32,359 crore
- QoQ growth: 14.5%
On a year-on-year basis, revenue fell 4.7%.
But on a quarter-on-quarter basis, it improved by 14.5%.
This pattern shows that while recent momentum improved compared to Q2, the broader yearly performance remains under pressure.
EBITDA and Margins Contract
Operating performance also reflected stress.
- EBITDA (Q3 FY26): ₹10,285 crore
- EBITDA (YoY): ₹13,753 crore
- EBITDA margin: 29.44%
- Margin decline: 800 basis points
EBITDA dropped significantly from ₹13,753 crore last year to ₹10,285 crore.
Margins narrowed to 29.44%, reflecting an 800-basis-point contraction.
Lower realizations and higher operating costs weighed on operating profitability.
Realizations Impact Earnings
Pricing played a major role in Q3 performance.
Here are the key figures:
- E-auction realization: ₹2,434.56 per tonne
- E-auction realization (YoY): ₹2,684.79 per tonne
- Overall average realization: ₹1,638 per tonne
- Decline in average realization: ₹29 YoY
Lower price realization reduced revenue strength. That directly impacted EBITDA and overall profitability.
For a coal producer, pricing matters. Even small changes per tonne can influence overall earnings meaningfully when volumes are large.
Dividend Announcement
Along with its Q3 results, Coal India declared:
- Third interim dividend: ₹5.50 per share
- Face value: ₹10 per share
- Financial year: 2025–26
The announcement came alongside earnings, offering some positive development amid earnings softness.
Company Details
Coal India is a Maharatna state-owned company and remains one of the largest coal producers globally. Its financial performance heavily depends on:
- Coal production
- Sales volumes
- Average price realization
- Operating cost structure
The Q3 results show pressure on realizations and margins, even though sequential improvement is visible.
Why Coal India Share Price Fell in Stock Market Today?
The Coal India share price reacted to three major factors:
- Lower net profit (₹7,165 crore vs ₹8,491 crore YoY)
- Revenue decline of 4.7%
- 800 basis point margin contraction
Despite sequential improvement, investors focused more on yearly decline and shrinking profitability.
Markets often react sharply to margin compression. That is exactly what happened in the stock market today.
Summary of the Article
The Coal India share price slipped 3% in the stock market today, touching ₹408.10 — a five-week low.
Here’s the snapshot:
- Net profit declined to ₹7,165 crore (YoY basis)
- Revenue fell 4.7% to ₹30,818 crore
- EBITDA dropped to ₹10,285 crore
- Margins narrowed to 29.44%
- Realizations weakened in both e-auction and overall supply
- Third interim dividend declared at ₹5.50 per share
Sequential numbers show recovery from the September quarter. But year-on-year comparisons reveal pressure on earnings and margins.
For now, the stock market reaction reflects that reality.
The Coal India share price remains in focus as investors digest Q3 numbers and evaluate how pricing and cost trends evolve in the coming quarters.
Source: Livemint
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