Coal India falls 3% on govt's Rs 10,000 cr stake sale buzz
Shares of Coal India dropped 3% on Thursday after a report said that the central government is planning to sell a 3-4% stake in the PSU company for nearly Rs 10,000 crore via the offer for sale (OFS) route.
The government is expected to offer the shares at an attractive discount to the current market price, CNBC-TV18 reported citing sources. Coal India or the Department of Investment and Public Asset Management (DIPAM) are yet to confirm or deny any such development.
could not independently verify the report.
Coal India shareholding pattern
Notably, the government is Coal India’s largest shareholder, holding more than 63% stake in the PSU company as of March 31, 2026. Among public shareholders, mutual funds and alternate investment funds held a 9.5% stake, while insurance companies including Life Insurance Corporation (LIC) held around 12% stake at the end of the financial year 2026. LIC itself held more than 11% stake in Coal India, making it one of the biggest institutional shareholders.
Foreign investors meanwhile held more than 8% stake in Coal India. Over 25 lakh retail investors jointly owned around 4% stake in the company.
Coal India share price
Coal India shares dropped 3% to trade at Rs 456.1 apiece on NSE during the afternoon trading hours of Thursday. The stock has declined around 5% in one week and nearly 1% in one month. However, the company's shares are up over 14% so far in 2026 and 20% in one year.
The company currently has a market capitalisation of more than Rs 2.82 lakh crore.
Coal India Q4 Results
Earlier last week, Coal India reported a 12% year-on-year (YoY) surge in net profit to Rs 10,908 crore for the January-March quarter of FY26, while revenue from operations rose 6% YoY to Rs 46,490 crore. EBITDA grew 12% to Rs 17,917 crore, while margins improved to 39% from 36% in the corresponding period last year, indicating stronger operating leverage.
Also read: RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
Revenue growth was mainly driven by higher realisations, even as sales volumes remained largely unchanged. Average realisation per tonne rose 6% YoY to Rs 2,290, while total sales volume slipped around 1% to 198.83 million tonnes.
The government is expected to offer the shares at an attractive discount to the current market price, CNBC-TV18 reported citing sources. Coal India or the Department of Investment and Public Asset Management (DIPAM) are yet to confirm or deny any such development.
could not independently verify the report.
Coal India shareholding pattern
Notably, the government is Coal India’s largest shareholder, holding more than 63% stake in the PSU company as of March 31, 2026. Among public shareholders, mutual funds and alternate investment funds held a 9.5% stake, while insurance companies including Life Insurance Corporation (LIC) held around 12% stake at the end of the financial year 2026. LIC itself held more than 11% stake in Coal India, making it one of the biggest institutional shareholders.
Foreign investors meanwhile held more than 8% stake in Coal India. Over 25 lakh retail investors jointly owned around 4% stake in the company.
Coal India share price
Coal India shares dropped 3% to trade at Rs 456.1 apiece on NSE during the afternoon trading hours of Thursday. The stock has declined around 5% in one week and nearly 1% in one month. However, the company's shares are up over 14% so far in 2026 and 20% in one year.
The company currently has a market capitalisation of more than Rs 2.82 lakh crore.
Coal India Q4 Results
Earlier last week, Coal India reported a 12% year-on-year (YoY) surge in net profit to Rs 10,908 crore for the January-March quarter of FY26, while revenue from operations rose 6% YoY to Rs 46,490 crore. EBITDA grew 12% to Rs 17,917 crore, while margins improved to 39% from 36% in the corresponding period last year, indicating stronger operating leverage.
Also read: RBI clears Kotak Mahindra Bank to buy up to 9.99% in Federal Bank
Revenue growth was mainly driven by higher realisations, even as sales volumes remained largely unchanged. Average realisation per tonne rose 6% YoY to Rs 2,290, while total sales volume slipped around 1% to 198.83 million tonnes.
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