Coal India SWMA e-auction premium rises 42% in Jun 2026

2 min read     Updated on 01 Jul 2026, 06:47 PM
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Suketu GScanX News Team
AI Summary

Coal India released provisional SWMA e-auction data for June 2026, reporting a total allocation of 108.76 lakh tonnes at a 42% premium over notified price. For Q1 FY 2026-27, the allocation was 310.69 lakh tonnes with a 44% premium.

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Coal India disclosed the provisional Single Window Mode Agnostic (SWMA) e-auction sales data for June 2026, revealing a total allocation of 108.76 lakh tonnes across its subsidiaries. The company reported that the allocated quantity commanded a premium of 42% over the notified price during the month. This data was submitted to the stock exchanges in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

The filing provides a detailed breakdown of performance across eight subsidiaries and the parent entity for the month of June 2026. Mahanadi Coalfields Limited (MCL) offered the highest quantity at 94.67 lakh tonnes, though the allocation percentage was 30%. South Eastern Coalfields Limited (SECL) followed with an offer of 49.24 lakh tonnes and achieved a 75% allocation rate. Northern Coalfields Limited (NCL) and North Eastern Coalfields (NEC) recorded 100% allocation of their offered quantities.

Monthly Performance: June 2026

Subsidiaries of CIL ECL BCCL CCL NCL WCL SECL MCL NEC CIL
Qty. offered (in Lakh Tonnes) 41.42 18.72 40.70 6.45 14.91 49.24 94.67 0.11 266.23
Qty. allocated (in Lakh Tonnes) 10.24 1.74 17.20 6.45 7.77 36.86 28.39 0.11 108.76
% Qty allocated 25% 9% 42% 100% 52% 75% 30% 100% 41%
% increase over Notified Price 59% 22% 14% 102% 30% 43% 28% 71% 42%

For the cumulative period of April to June 2026 (FY 2026-27), the total quantity offered reached 829.15 lakh tonnes, with 310.69 lakh tonnes allocated. The aggregate premium over the notified price for this quarter was 44%. MCL again led in the volume offered, while SECL secured the highest volume of allocations among the subsidiaries during this period.

Quarterly Performance: FY 2026-27 (Apr-June 2026)

Subsidiaries of CIL ECL BCCL CCL NCL WCL SECL MCL NEC CIL
Qty. offered (in Lakh Tonnes) 121.47 58.55 129.71 18.40 56.54 144.96 299.11 0.41 829.15
Qty. allocated (in Lakh Tonnes) 25.62 7.79 46.69 18.40 30.01 111.29 70.48 0.41 310.69
% Qty. allocated 21% 13% 36% 100% 53% 77% 24% 100% 37%
% increase over Notified Price 56% 26% 15% 96% 32% 53% 33% 86% 44%

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-2.16%-5.06%+9.23%+10.92%+196.45%

Will the sustained high premiums of over 40% impact Coal India's long-term contract pricing strategies in the upcoming quarters?

How might the low allocation rates at key subsidiaries like MCL and BCCL affect the spot coal supply and market prices during the peak monsoon season?

What factors are driving the significant variance in allocation percentages and premiums across different subsidiaries?

Coal India June 2026: Off-take Rises 7.5% to 65.8M Tonnes, Production Dips

2 min read     Updated on 01 Jul 2026, 11:08 AM
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Anirudha BScanX News Team
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Coal India reported a 7.5% YoY rise in June 2026 off-take to 65.8 million tonnes, while production declined 0.6% to 57.4 million tonnes. Cumulative April-June 2026 off-take grew 3.5% to 197.7 million tonnes, though production fell 7.5% to 169.6 million tonnes. CCL led monthly growth in both production and off-take, while MCL and BCCL recorded notable declines.

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Coal India reported a 7.5% year-on-year increase in off-take to 65.8 million tonnes for June 2026, while provisional production dipped 0.6% to 57.4 million tonnes. The company disclosed its provisional production and off-take performance for the month and the progressive period April to June 2026 in a regulatory filing.

Production Performance

For June 2026, Coal India's total production stood at 57.4 million tonnes compared to 57.8 million tonnes in the same period last year. The cumulative production for April to June 2026 reached 169.6 million tonnes, a decrease of 7.5% from 183.3 million tonnes in the corresponding period of the previous year. Among subsidiaries, CCL posted the strongest monthly growth at 35.4%, while MCL recorded the steepest decline at 18.3%.

Subsidiary: Jun'26 Actual (Mill Te) Jun'26 Last Year (Mill Te) Growth (%) Apr-Jun'26 Actual (Mill Te) Apr-Jun'26 Last Year (Mill Te) Growth (%)
ECL 3.9 3.5 11.8 11.4 11.5 -1.0
BCCL 2.3 2.6 -11.8 6.6 9.0 -27.5
CCL 6.1 4.5 35.4 18.3 16.6 10.0
NCL 11.2 11.3 -0.1 30.0 35.9 -16.3
WCL 5.0 4.8 3.6 16.6 17.4 -4.4
SECL 14.4 13.3 7.8 44.1 41.1 7.2
MCL 14.5 17.7 -18.3 42.5 51.6 -17.5
NEC 0.00 0.00 — 0.0 0.1 -75.2
CIL 57.4 57.8 -0.6 169.6 183.3 -7.5

Off-take Performance

Total off-take for June 2026 rose to 65.8 million tonnes from 61.2 million tonnes in the same period last year. The cumulative off-take for the first three months of the fiscal year grew 3.5% to 197.7 million tonnes, up from 191.0 million tonnes in the prior year period. CCL led monthly off-take growth among subsidiaries with a notable 51.5% rise, while BCCL was the only subsidiary to record a cumulative decline of 14.5%.

Subsidiary: Jun'26 Actual (Mill Te) Jun'26 Last Year (Mill Te) Growth (%) Apr-Jun'26 Actual (Mill Te) Apr-Jun'26 Last Year (Mill Te) Growth (%)
ECL 4.4 4.0 10.1 13.8 12.5 10.4
BCCL 2.7 2.7 0.0 7.7 9.0 -14.5
CCL 7.5 5.0 51.5 21.8 18.8 16.0
NCL 11.0 10.9 1.1 32.9 34.7 -5.0
WCL 6.0 5.8 2.9 17.8 17.7 0.6
SECL 16.3 15.5 4.8 48.8 46.3 5.3
MCL 18.0 17.4 3.5 54.9 52.0 5.6
NEC 0.0 0.0 0.0 0.0 0.0 0.0
CIL 65.8 61.2 7.5 197.7 191.0 3.5

Historical Stock Returns for Coal India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.98%-2.16%-5.06%+9.23%+10.92%+196.45%

How will the widening gap between production and off-take impact Coal India's inventory levels and stockpiling costs?

What specific operational challenges caused MCL's steep 18.3% production decline, and are these issues expected to persist?

Can the strong off-take growth be sustained in the coming quarters given the 7.5% drop in cumulative production?

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