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Consequence date: 25th Could, 2022
Suggestion: Purchase
Goal worth: Rs550
Supply: IIFL Analysis
Coal India is reported coal offtake of 180 million tonne (MT) within the March 2022 quarter, up 9% over the year-ago quarter and 4% sequentially. The corporate’s consolidated might develop 17% on a year-on-year foundation.
Suggestion: Purchase
Goal worth: Rs550
Supply: IIFL Analysis
Coal India is reported coal offtake of 180 million tonne (MT) within the March 2022 quarter, up 9% over the year-ago quarter and 4% sequentially. The corporate’s consolidated might develop 17% on a year-on-year foundation.
Coal India might report consolidated EBITDA margin of 27.5% for the March 2022 quarter as in comparison with 23.9% within the year-ago quarter and 24.0% within the December 2021 quarter. Its EBITDA/ton might are available at Rs477/ton versus Rs387/ton within the year-ago quarter and Rs393/ton within the December 2021 quarter.
Coal India’s Revenue After Tax (PAT) is estimated to develop 31% on a year-on-year foundation.
Essential administration insights to be careful for:
· Outlook on manufacturing, offtake of coal
· Key margin drivers
|
Rs Crore |
March 2022 estimates |
YoY change |
QoQ change |
|
Income |
31,119 |
17% |
10% |
|
EBITDA |
8,857 |
35% |
26% |
|
Revenue After Tax |
6,023 |
31% |
32% |
Supply: Brokerage Reviews
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