Coal India Limited Capex Jumps 16.64% in Q1 FY'27, Exceeds Quarterly Target
Kolkata, July 28, 2026: Coal India Limited (CIL) reported a robust capital expenditure (capex) of ₹3,399 crore for the first quarter (Q1) of Financial Year 2026-27. This represents significant growth, standing at 16.64% higher than the ₹2,914 crore spent during the corresponding period of the previous fiscal year. The company successfully surpassed its Q1 capex goal, achieving 101.5% of the planned expenditure. CIL's spending in this quarter accounted for 20.60% of its total capital expenditure target set at ₹16,500 crore for the current fiscal year.The Q1 investments were strategically distributed across several major areas, with expenditures on land acquisition and related rehabilitation and resettlement (R&R) activities leading the charges at ₹804 crore, which constitutes nearly one-fourth of the total quarterly capex.
Coal India also significantly invested in enhancing its operational infrastructure. The company spent ₹754 crore developing railway sidings and rail corridors to strengthen coal evacuation capabilities. Additionally, ₹195 crore was allocated for construction of coal handling plants (CHPs), silos, roads, and weighbridges. This brings the cumulative expenditure on coal evacuation infrastructure to ₹949 crore for the quarter ended June 2026.
Expenditure in the Plant & Machinery (P&M) segment stood at ₹819 crore, covering activities related to heavy earth moving machinery (HEMM), construction and expansion of washeries, and other plant and equipment-related tasks. This P&M category also represented nearly one-fourth of CIL's total capex for Q1.
The major components—land acquisition, development of coal evacuation infrastructure, and Plant & Machinery—together accounted for over 75% of the total capital expenditure incurred in the first quarter. Shri B. Sairam, Chairman of Coal India, stated that these strategic investments are foundational to achieving the company's production and supply targets for the ongoing fiscal year.
CIL also continued its push toward clean energy diversification. The capital expenditure dedicated to solar projects during Q1 was ₹278 crore. Furthermore, the company invested ₹207 crore into joint ventures (JVs), reinforcing its commitment to expanding in renewable energy and allied businesses.
A look at CIL's performance over the past fiscal year reveals sustained focus on infrastructure enhancement and clean energy transition. The company had recorded a total capital expenditure of ₹19,607 crore during FY 2025-26, exceeding its annual target of ₹16,000 crore.
The distribution of Q1 capex by major component is detailed below:
| Expenditure Component | Amount (₹ crore) | Proportion of Q1 Capex |
|---|---|---|
| Land Acquisition and R&R | 804 | Nearly one-fourth |
| Evacuation Infrastructure | 949 | - |
| Plant & Machinery (P&M) | 819 | Nearly one-fourth |
The company has also allocated a substantial target of ₹4,173 crore for land acquisition and related activities from its annual capex budget for FY'27.
COALINDIA Stock Price Movement
Shares of Coal India Limited shed nearly 4.20%, trading at ₹409.55 as the market progresses past 1:35 PM today. This movement occurs within an intraday range set between a low of ₹406.8 and a high of ₹423.6, with 9.73 million shares traded in the session so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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