Coal India reports SWMA e-auction data for May 2026

2 min read     Updated on 01 Jun 2026, 05:23 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Coal India released provisional SWMA e-auction data for May 2026 and FY 2026-27 (Apr-May), reporting total allocations of 84.20 lakh tonnes and 201.94 lakh tonnes respectively. The allocation rate stood at 33% for May and 36% for the two-month period, with price premiums of 36% and 45% over the Notified Price. Subsidiaries NCL and NEC achieved 100% allocation in both periods.

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coal india disclosed the provisional Single Window Mode Agnostic (SWMA) e-auction sales data for May 2026 and the cumulative period for FY 2026-27 (April-May 2026) to the stock exchanges. The filing, submitted under Regulation 30 of the SEBI (LODR) Regulations 2015, details the quantity of coal offered and allocated across the company and its subsidiary companies.

During May 2026, the total quantity offered by Coal India and its subsidiaries stood at 257.42 lakh tonnes. The quantity allocated against these offers was 84.20 lakh tonnes, resulting in an overall allocation percentage of 33%. The e-auction prices realized during the month showed an average increase of 36% over the Notified Price.

For the cumulative period of FY 2026-27 covering April and May 2026, the total quantity offered aggregated to 562.93 lakh tonnes. The quantity allocated during this two-month period was 201.94 lakh tonnes, maintaining an allocation rate of 36%. The premium over the Notified Price for this period was higher at 45%.

The performance varied across subsidiaries. Northern Coalfields Limited (NCL) and North Eastern Coalfield (NEC) achieved 100% allocation in both the monthly and cumulative periods. South Eastern Coalfields Limited (SECL) recorded the highest allocation among major subsidiaries, with 76% in May and 78% in the FY 2026-27 period.

E-auction Performance Summary

Subsidiary Qty. Offered May (Lakh Tonnes) Qty. Allocated May (Lakh Tonnes) % Allocated May % Increase over Notified Price May
ECL 35.08 4.85 14% 33%
BCCL 8.86 0.69 8% 41%
CCL 42.28 14.33 34% 9%
NCL 4.11 4.11 100% 104%
WCL 18.28 9.94 54% 27%
SECL 38.91 29.75 76% 44%
MCL 109.86 20.49 19% 33%
NEC 0.05 0.05 100% 96%
CIL Total 257.42 84.20 33% 36%

FY 2026-27 (Apr-May) Performance

Subsidiary Qty. Offered FY (Lakh Tonnes) Qty. Allocated FY (Lakh Tonnes) % Allocated FY % Increase over Notified Price FY
ECL 80.05 15.39 19% 54%
BCCL 39.82 6.05 15% 27%
CCL 89.01 29.49 33% 16%
NCL 11.95 11.95 100% 91%
WCL 41.64 22.24 53% 32%
SECL 95.72 74.43 78% 58%
MCL 204.44 42.09 21% 37%
NEC 0.30 0.30 100% 91%
CIL Total 562.93 201.94 36% 45%

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
+3.21%+3.52%-1.52%+25.64%+18.68%+219.97%

What factors are driving the significant price premiums for Northern Coalfields Limited and North Eastern Coalfield compared to other subsidiaries?

Will the low allocation rates at major subsidiaries like MCL and BCCL prompt Coal India to adjust its offered quantities or pricing strategy in the coming months?

How might the sustained 45% premium over Notified Price impact the profit margins for coal-dependent industries such as power and steel?

Coal India May Output Falls 11.6% YoY to 56.1 Million Tonnes; Off-take Rises 2.2%

3 min read     Updated on 01 Jun 2026, 11:50 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

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.

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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 Day5 Days1 Month6 Months1 Year5 Years
+3.21%+3.52%-1.52%+25.64%+18.68%+219.97%

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?

More News on Coal India

1 Year Returns:+18.68%