Coal India Ltd's Q4FY18 consolidated net profit declines 52.4% yoy to Rs1,295cr : Misses Estimates

The company’s consolidated revenue stood at Rs25,109cr, up 4.5% yoy and 21.3% qoq

May 29, 2018 10:05 IST India Infoline Research Team

Coal India Ltd Q4FY18

Consolidated Results Q4FY18: (Rs. in cr)

Q4FY18 YoY (%)
Revenue 25,109 4.5
EBITDA 195.5 [94.4]
EBITDA Margin (%) 0.8 [1,362]
Net Profit (adjusted) 1,295 [52.4]
***EBITDA margin change is bps
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Reco. Price

272.85

Last updated on

22-May-2018



Coal India significantly missed estimates for Q4FY18 after seeing an increase of Rs7,413cr (up 80% yoy) in employee expenses. Revenue grew by 4.5% yoy to Rs25,109cr (expectation Rs25,093cr). EBITDA stood at Rs195.5cr, down 94.4% yoy against estimates of Rs6,718cr. EBIDTA margin fell to 0.8% for Q4FY18. Net Profit stood at Rs1,295cr against an estimate of Rs4,299cr.
  • Production for Q4FY18 and FY18 stood at 183.5mn tonnes and 567.4mn tonnes respectively. This is an increase of 4% yoy and 2.4% yoy for Q4FY18 and FY18 respectively.
  • Offtake for Q4FY18 and FY18 stood at 158.86mn tonnes and 580.29mn tonnes respectively. This is an increase of 4.8% yoy and 6.8% yoy for Q4FY18 and FY18 respectively.
  • Employee expenses rose by Rs7,385cr due to increase in the gratuity ceiling from Rs10 lakh to Rs20 lakh.

Technical View:

Coal India Ltd is currently trading at Rs282.15, down by 2.8 points or 0.98% from its previous closing of Rs284.95 on the BSE. The scrip opened at Rs285.45 and has touched a high and low of Rs287.20 and Rs276.75 respectively. So far 63,72,573 (NSE+BSE) shares were traded on the counter. The stock is currently trading below its 100 DMA.

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