Coal India Q4 FY26 Results: Date, Time, Dividend Details

State-owned Coal India Ltd (CIL) is set to report its audited financial results for the March quarter and the full year ended March 31, 2026. The company has also put a final dividend for FY26 on the agenda for the same board meeting. With the stock up about 15% over the past six months and brokerages flagging pressure on e-auction realisations, the announcement is expected to be a key near-term trigger for the PSU coal miner.

Board meeting date and what is on the agenda

Coal India told the exchanges that its board of directors will meet on Monday, April 27, 2026. The board will consider, approve and take on record the audited financial results for the fourth quarter and the financial year ended March 31, 2026.

The company said the results will be taken up after being reviewed by the audit committee of the board. The filing references compliance under Regulation 29 and 33 of the SEBI (LODR) Regulations, 2015.

Along with the earnings, the board will also consider and recommend a final dividend for FY26. Coal India has clarified that any final dividend, if declared, will be subject to shareholder approval at the ensuing annual general meeting (AGM).

Results announcement time: what is known so far

Coal India’s exchange communication does not confirm an exact time for the results release. Market watchers expect the announcement to come post-market hours, but this has not been officially confirmed.

Separately, the company had announced its Q3 FY26 earnings at around 6:47 pm on February 12, 2026. Based on that past release pattern, some reports expect the Q4 FY26 numbers to be published around a similar time on April 27.

Dividend decision: what the filing says

Coal India’s board will consider a final dividend for FY26 alongside the audited results. The company has explicitly stated that the payment of final dividend, if any, will require shareholder approval at the upcoming AGM.

Apart from the final dividend proposal, the article also references a separate dividend event in FY26: an interim dividend of ₹5.5 per share with an ex-date of February 18, 2026. It also lists an earlier dividend of ₹10.25 per share with an ex-date of November 4, 2025.

Stock performance and key price levels mentioned

Coal India shares closed 1.40% higher at ₹456.90 on Friday, taking the six-month gain to 15.18%. Another data point in the article shows the stock moving up 1.19% to about ₹456 from a previous close of ₹450.65 as on April 24, 2026.

The intraday range highlighted for the day was ₹451.05 to ₹462.00. The 52-week range shown in the same dataset was ₹368.65 to ₹476.00, indicating the stock is closer to the upper end of its one-year band.

Volumes: production and dispatch trends heading into Q4

Equirus Securities highlighted softness in operating metrics toward the end of the year. In March 2026, Coal India’s production fell 1.5% year-on-year (YoY) to 84.5 million tonnes (mt), while dispatches edged up 0.7% YoY to 69.5 mt.

For FY26, Equirus said production and dispatches were lower by 1.7% and 2.4% YoY at 768.1 mt and 744.8 mt, respectively. Motilal Oswal, cited separately, put FY26 production at 768 mt (down 1.6% YoY) and offtake at 735 mt (down 3% YoY), linking the muted trend to competition from captive and merchant producers, subdued thermal power demand, and high inventory levels.

Equirus also provided a Q4 snapshot in another section, stating production rose 0.5% YoY to 238.9 mt, while dispatches declined 1.1% YoY to 199.1 mt, primarily due to market share loss to merchant miners.

Broker expectations: EBITDA pressure and target price commentary

Equirus Securities expects profitability pressure in Q4 FY26, citing weaker e-auction realisations amid elevated coal inventories at power plants and continued market share erosion. The brokerage expects adjusted EBITDA to fall 8.7% YoY to ₹10,250 crore.

It also said it has not factored in any provisions for wage revision in its Q4 estimate. Equirus maintained a SHORT call with a March 2027 target price of ₹370, based on a one-year forward EV/EBITDA multiple of 4.5x.

Systematix Institutional Equities said Coal India continues to lag its mining peers and is likely to report a 4% YoY decline in EBITDA in Q4 FY26. It also expects revenue and net profit to drop 9% and 1%, respectively.

What the last reported quarter showed (Q3 FY26)

Coal India reported a 16% YoY decline in consolidated net profit to ₹7,166 crore in Q3 FY26. Revenue from operations for the October-December quarter slipped 5% YoY to ₹34,924 crore versus ₹36,858 crore in the year-ago quarter.

Including other income of ₹2,391 crore, total income for Q3 FY26 stood at ₹37,316 crore, compared with ₹39,002 crore in Q3 FY25. For the nine months ended December 31, 2025, revenue from operations came in at just over ₹100,000 crore, versus ₹105,000 crore in the same period last year.

Another section of the article also cites Q3 performance numbers with a different revenue base, stating consolidated revenue from operations fell 4.7% to ₹30,818 crore from ₹32,359 crore in the year-ago quarter. Investors typically reconcile such differences by checking the company’s official quarterly filing and segment presentation.

Trading window and compliance update

Coal India said the trading window for designated persons has remained closed since April 1, 2026. It will reopen on April 30, 2026, as per the regulatory filing referenced in the report.

Such disclosures matter because they indicate the company is following standard insider trading controls around results season.

Technical and near-term signals highlighted

A weekly MACD crossover was flagged for the week ending April 24, 2026. The article notes that, historically, an average price decline of 5.7% within seven weeks of this signal was observed over the last 10 years.

This is presented as an observed historical pattern rather than a company-specific forecast. Market participants generally treat such signals as one input, alongside fundamentals like volumes, realisations, costs, and dividend policy.

Key facts table: dates, prices, and what to watch

Why this result matters for investors tracking the sector

Coal India’s earnings are closely watched as an indicator for domestic coal demand trends, especially from thermal power plants. This quarter’s preview commentary is focused on the gap between volume stability and realisation pressure, particularly in the e-auction channel.

The final dividend decision adds another layer for investors, because Coal India has historically been a high dividend payer and dividend announcements can influence near-term stock behaviour. The market will also track management commentary on production, dispatches, inventory conditions, and competitive intensity from captive and merchant miners.

Conclusion

Coal India is scheduled to announce its audited Q4 FY26 and FY26 results on April 27, 2026, and the board will also consider recommending a final dividend for FY26. With brokerages pointing to pressure on e-auction realisations and mixed trends in production and dispatches, the market focus will be on margins, cash returns, and any formal dividend recommendation, followed by shareholder approval at the next AGM.