BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Coal India Ltd. has reported excellent earnings in Q4 FY22 with all-time high figures for quarterly revenue, Ebitda, Ebitda/tonne and profit after tax.
Revenue increased 22.5% YoY to Rs 327 billion, supported by 9.3% YoY increase in offtake at 180 million tonne and 11.8% YoY increase in average realisation at Rs 1,659/tonne.
Ebitda at Rs 90.8 billion was 42.3% higher YoY, while Coal India registered an Ebitda/tonne of Rs 504.
Reported profit after tax was up 46.3% YoY at Rs 67.2 billion, taking the FY22 profit after tax to Rs 174 billion and earnings per share to Rs 28.2.
Fuel supply agreement/e-auction realisation was Rs 1,474/Rs 2,434 per tonne.
This strong performance was despite severe cost pressures; however, the recent cut in diesel prices will ease fuel costs in Q1 FY23.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR