Coal India May Output Falls 11.6% YoY to 56.1 Million Tonnes; Off-take Rises 2.2%
Coal India reported a provisional production decline of 11.6% YoY to 56.1 million tonnes in May 2026, against 63.5 million tonnes in the same period last year, while off-take rose 2.2% to 66.7 million tonnes. For the April–May 2026 progressive period, production fell 10.6% to 112.2 million tonnes and cumulative off-take grew 0.9% to 130.9 million tonnes. SECL and CCL were among the few subsidiaries to record production gains, while BCCL, NCL, and NEC posted the sharpest declines.
*this image is generated using AI for illustrative purposes only.
Coal India reported a provisional production decline of 11.6% year-on-year to 56.1 million tonnes in May 2026, while off-take increased by 2.2% to 66.7 million tonnes. The company submitted its provisional performance data for the month and the progressive period ending May 2026 to the stock exchanges on June 1, 2026.
Production Performance
The total coal production for Coal India stood at 56.1 million tonnes in May 2026, compared to 63.5 million tonnes in the same period last year. For the progressive period from April to May 2026, production aggregated to 112.2 million tonnes, a decrease of 10.6% from 125.6 million tonnes in the corresponding period of the previous year.
Subsidiary-wise Production
The following table presents the production performance across Coal India's subsidiaries for May 2026 and the April–May 2026 progressive period:
| Subsidiary: | May'26 Actual (Mill Te) | May'26 Last Year (Mill Te) | Growth (%) | Apr-May'26 Actual (Mill Te) | Apr-May'26 Last Year (Mill Te) | Growth (%) |
|---|---|---|---|---|---|---|
| ECL | 3.9 | 4.0 | -3.6 | 7.5 | 8.0 | -6.5 |
| BCCL | 2.3 | 3.1 | -25.5 | 4.3 | 6.4 | -33.8 |
| CCL | 6.2 | 6.2 | 0.4 | 12.2 | 12.1 | 0.7 |
| NCL | 9.5 | 12.4 | -23.7 | 18.8 | 24.6 | -23.7 |
| WCL | 5.6 | 6.1 | -8.4 | 11.6 | 12.5 | -7.5 |
| SECL | 14.4 | 13.8 | 4.5 | 29.7 | 27.8 | 6.9 |
| MCL | 14.3 | 17.9 | -20.1 | 28.0 | 33.9 | -17.2 |
| NEC | 0.00 | 0.05 | -93.3 | 0.0 | 0.1 | -75.2 |
| CIL | 56.1 | 63.5 | -11.6 | 112.2 | 125.6 | -10.6 |
Among subsidiaries, SECL was a notable outperformer, posting production growth of 4.5% in May 2026 to 14.4 million tonnes, while CCL remained broadly flat with marginal growth of 0.4%. In contrast, NEC, BCCL, and NCL recorded the steepest declines, with NEC falling 93.3%, BCCL down 25.5%, and NCL declining 23.7% during the month.
Off-take Performance
Off-take for the month of May 2026 reached 66.7 million tonnes, up from 65.2 million tonnes in the same month last year. In the two-month period ending May 2026, total off-take was 130.9 million tonnes, compared to 129.8 million tonnes in the previous year, registering a growth of 0.9%.
Subsidiary-wise Off-take
The table below details the off-take performance of each subsidiary for May 2026 and the cumulative April–May 2026 period:
| Subsidiary: | May'26 Actual (Mill Te) | May'26 Last Year (Mill Te) | Growth (%) | Apr-May'26 Actual (Mill Te) | Apr-May'26 Last Year (Mill Te) | Growth (%) |
|---|---|---|---|---|---|---|
| ECL | 4.6 | 4.4 | 6.4 | 9.2 | 8.5 | 8.5 |
| BCCL | 2.7 | 3.2 | -15.8 | 5.0 | 6.3 | -21.1 |
| CCL | 7.9 | 6.7 | 17.3 | 14.3 | 13.9 | 3.3 |
| NCL | 10.8 | 11.7 | -8.4 | 21.6 | 23.7 | -9.1 |
| WCL | 5.9 | 5.8 | 0.7 | 11.8 | 11.9 | -0.6 |
| SECL | 16.1 | 15.6 | 3.1 | 32.1 | 30.8 | 4.0 |
| MCL | 18.8 | 17.8 | 5.6 | 37.0 | 34.7 | 6.7 |
| NEC | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| CIL | 66.7 | 65.2 | 2.2 | 130.9 | 129.8 | 0.9 |
On the off-take front, CCL led growth with a 17.3% rise in May 2026, followed by ECL at 6.4% and MCL at 5.6%. BCCL was the weakest performer, with off-take declining 15.8% during the month. MCL remained the largest contributor to overall off-take at 18.8 million tonnes in May 2026, while SECL followed at 16.1 million tonnes.
Historical Stock Returns for Coal India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +3.08% | +3.38% | -1.65% | +25.48% | +18.53% | +219.57% |
What operational factors caused the significant production declines at BCCL and NCL?
Will Coal India rely on inventory drawdowns to sustain off-take growth if production shortfalls persist?
How will the production decline impact coal prices and import dependency in the coming months?
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