Coal India Q4 FY26 Board Meet on Apr 27, Dividend

Coal India Limited has told stock exchanges that its Board of Directors will meet on Monday, April 27, 2026, to consider and approve audited financial results for the fourth quarter and the full year ended March 31, 2026. Alongside earnings, the board may also consider a final dividend for FY 2025-26, if any, as part of the same agenda.

The update was shared through exchange filings and a press release dated April 16, 2026, under Regulation 30 of SEBI’s Listing Obligations and Disclosure Requirements (LODR). The board meeting intimation has also been referenced under Regulations 29 and 33 of the SEBI (LODR) Regulations, 2015.

What Coal India disclosed to exchanges

Coal India’s filings indicate that the audited financial results will be placed before the board after review by the company’s audit committee. The company specified that the results include both standalone and consolidated numbers for the quarter ended March 31, 2026 and for the full financial year ended March 31, 2026.

The filings also flagged the possibility of a final dividend recommendation for FY 2025-26. Any final dividend, if recommended by the board, would require shareholder approval at the ensuing Annual General Meeting (AGM), as stated in the disclosure.

Board meeting date and agenda in one place

The April 27 meeting is positioned as the key decision point for both audited results and a potential year-end payout decision.

Trading window closure: compliance detail investors track

Coal India also noted a trading window closure for “designated persons” under its internal code for prevention of insider trading. The window is stated to have remained closed since April 1, 2026, and is scheduled to reopen on April 30, 2026, after the results-related disclosures.

Such closures are routine around earnings announcements, but they also signal that the company is treating the results period as price-sensitive, which is relevant for governance-focused investors.

Dividend focus: what is confirmed and what is not

The confirmed element is limited to the board’s ability to consider a final dividend for FY 2025-26 as part of the April 27 agenda. The company’s wording keeps the decision conditional, using “may” and “if any,” and explicitly ties payment to shareholder approval at the AGM.

Separate reports in the provided text also list Coal India’s past dividend payouts across periods. These include a reference that for FY24, the company declared a total interim dividend of Rs 20.5 per share, comprising Rs 15.25 and Rs 5.25. Another reference states that “this year in February” Coal India gave a dividend of Rs 5.50, and also describes multiple dividend occasions in 2025.

Because these dividend timelines are presented across multiple snippets and not as a single consolidated company statement in the disclosure, readers should treat them as reported payout references rather than part of the April 16 exchange filing.

Results timing: April 27 filings vs a May 12 mention

Coal India’s exchange filing excerpts and the board-meeting coverage repeatedly point to April 27, 2026 as the board date for considering audited Q4 and full-year results. However, one separate snippet in the supplied text claims Coal India’s Q4 FY26 results are scheduled for May 12, 2026.

Based on the information provided here, the April 27 date is the one directly tied to Coal India’s exchange filing language, while the May 12 mention appears as an external “results preview” note. Investors typically rely on exchange intimations for official schedules.

What analysts are watching into Q4 FY26

Brokerage expectations quoted in the supplied text point to operating and pricing factors, particularly e-auction realisations and dispatch trends. Equirus Securities is cited as estimating coal production rose 0.5% year-on-year to 238.9 million tonnes in Q4FY26, while dispatches fell 1.1% year-on-year to 199.1 million tonnes, attributing the decline to market share loss to merchant miners.

The same note says Equirus expects adjusted EBITDA to decline 8.7% year-on-year to Rs 10,250 crore, largely due to lower e-auction realisations, and adds it has not factored in wage revision provisions in its Q4 estimate. Another brokerage, Systematix Institutional Equities, is quoted as expecting a 4% year-on-year decline in EBITDA in Q4 FY26 and forecasting revenue and net profit to drop 9% and 1%, respectively.

These are analyst expectations, not company guidance, and the audited results on the board meeting date will be the definitive disclosure.

Recent financial reference point: Q3 profit cited

One of the supplied passages includes a financial comparison for the quarter ended December (Q3), stating consolidated net profit of Rs 7,165 crore, lower than Rs 8,491 crore in the same period last year. While the April 27 meeting is focused on audited Q4 and full-year numbers, these Q3 figures form part of the near-term performance context that market participants may use when assessing the full-year outcome.

Stock price references in the supplied reports

The supplied text contains more than one price reference from different points in April 2026. One snippet says Coal India shares ended at Rs 438.70 on a Friday session, up Rs 5.80 or 1.34% on the BSE. Another “results preview” snippet cites the stock at Rs 390 as of April 2026 and mentions a 52-week high of Rs 540.

Because these numbers are drawn from different reports and dates, they should be read as time-specific snapshots rather than a single continuous price series.

Summary table: operational and estimate highlights cited

The following table consolidates the key operating and estimate metrics quoted in the supplied text.

Why the April 27 meeting matters

For Coal India investors, the April 27 board meeting is a single-event trigger because it combines audited Q4 numbers, the full-year close for FY 2025-26, and a potential final dividend recommendation. The filings also show a standard governance process, including audit committee review before the board takes the results on record.

The next concrete step, as per the disclosure, is the board’s consideration and approval on April 27, followed by the release of audited results. If a final dividend is recommended, the company has already stated that payment would depend on shareholder approval at the ensuing AGM.