Coal India Q3 Results Today: Stock Eyes Multi-Year High; Will 40% Profit Jump Lead to a Dividend Bonanza?

Mumbai: The "King of Dividends," Coal India Limited (CIL), is all set to unveil its Q3 FY2025-26 results later today. With power demand hitting record highs this winter, the street is betting on a massive recovery in margins and a healthy interim dividend payout.

Coal India Live Market Snapshot (12 Feb, 01:10 PM)

Current Share Price: ₹424.80 (+0.35%)
Today's Range: ₹420.30 – ₹428.00
52-Week High/Low: ₹461.55 / ₹349.25
Market Cap: ₹2.60 Lakh Crore
Dividend Yield: 6.26% (One of the highest in Nifty 50)

The stock has shown extreme resilience, gaining nearly 10% in the last 3 months, as production volumes continue to track the government's "1 Billion Tonne" annual target.

Q3 Preview: The Big Jump in Numbers

Analysts are predicting a 35-45% sequential growth in net profit, primarily driven by higher production and stabilized e-auction premiums.

Metric	Q2 FY26 (Actual)	Q3 FY26 (Consensus)	Estimated Growth (%)
Net Profit (PAT)	₹4,263 Cr	₹6,000 – ₹6,400 Cr	+40.7% (QoQ)
Revenue	₹30,187 Cr	₹35,500 – ₹36,800 Cr	+18.5% (QoQ)
EBITDA Margin	22%	31.5% – 33%	Strong Recovery

Investor's Radar: What to Watch?

1. The "Dividend" Factor

Coal India is synonymous with dividends. The board is expected to consider a Third Interim Dividend for FY26 today.

Previous Payouts: Already paid ₹10.25 and ₹5.50 in earlier quarters.
Expectation: Analysts expect another ₹5.00 – ₹8.00 per share today, given the cash-rich balance sheet.

2. Production vs. Offtake Gap

While December production grew by 4.6% (75.7 MT), the "Offtake" (dispatch) saw a slight dip of 5.2%. Investors should watch for the management’s explanation on logistics and wagon availability for the Q4 (January-March) rush.

3. E-Auction Premiums

Revenue from e-auctions (where coal is sold at market rates) is the biggest profit driver. If premiums remain at the 80-100% level over the notified price, CIL could see another round of re-rating.

Technical Strategy: Key Levels

Resistance: A strong breakout above ₹432 could push the stock toward its 52-week high of ₹462.
Support: Immediate support is at ₹418. Long-term investors look at ₹400 as a strong "Value Zone."

Expert Insight: "Coal India is no longer just a dividend play; it's a growth story with a 7%+ yield. Any post-result dip should be viewed as a 'Strong Buy' for long-term portfolios."