FY24 production target of 780 million tons
Management confirmed the annual production target of 780 million tons for FY24, with H1 production up 12% YoY.
COALINDIA / guidance tracker
Keep management guidance in view.
Coalindia · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
growth
FY25 production target of 851 million tons
Management guided for FY25 production of 851 million tons, implying ~9% YoY growth.
E-auction volume at 15% of production in H2
Management expects e-auction volumes to be 15% of production in H2 FY24.
MDO production to reach 55-60 million tons by FY26
MDO projects are expected to contribute 20-25 million tons in FY25 and 55-60 million tons in FY26.
FY24 production target of ~780 MT
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.
FY25 production target of 838 MT
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.
CAPEX of INR 17,500 crore for FY25
CAPEX target for FY25 is INR 17,500 crore, including coal mining expansion, solar projects, and diversification initiatives.
E-auction volume to be at least 15% of production
Management aims to maintain e-auction volumes at 15% or more of production, with potential to increase up to 20% if demand permits.
FY26 production target of 875 million tons
Management guided for production of 875 MT and offtake of 900 MT in FY26, implying ~3% growth.
First Mile Connectivity target of 100 rakes per day by Q2 FY26
Management expects to increase FMC rakes per day from 87.1 to 100 by Q2 FY26 as new silos come online.
E-auction premium expected in 30-40% range
Management expects e-auction premiums to settle in the 30-40% range, in line with historical averages excluding abnormal years.
CapEx guidance of ~INR 20,000 crore per year for next 3-4 years
Management indicated regular mining CapEx of ~INR 20,000 crore annually, excluding diversification projects.