Coalindia Management Guidance Tracker

8 forward-looking guidance items tracked across 2 quarters.

Growth

Q2 FY24FY24 production target of 780 million tonsActive

Management confirmed the annual production target of 780 million tons for FY24, with H1 production up 12% YoY.

Q2 FY24FY25 production target of 851 million tonsTracked

Management guided for FY25 production of 851 million tons, implying ~9% YoY growth.

Q2 FY24MDO production to reach 55-60 million tons by FY26Tracked

MDO projects are expected to contribute 20-25 million tons in FY25 and 55-60 million tons in FY26.

Q3 FY24FY24 production target of ~780 MTActive

Management expects to achieve ~770 MT production for FY24, slightly below the original 780 MT target due to SCCL lag, but with efforts to minimize the gap.

Q3 FY24FY25 production target of 838 MTTracked

Ministry has set a production target of 838 MT for FY25, down from initial 850 MT due to high coal stocks, with a review in April.

Revenue

Q2 FY24E-auction volume at 15% of production in H2Active

Management expects e-auction volumes to be 15% of production in H2 FY24.

Q3 FY24E-auction volume to be at least 15% of productionActive

Management aims to maintain e-auction volumes at 15% or more of production, with potential to increase up to 20% if demand permits.

Capex

Q3 FY24CAPEX of INR 17,500 crore for FY25Tracked

CAPEX target for FY25 is INR 17,500 crore, including coal mining expansion, solar projects, and diversification initiatives.