Coal India Ltd's Q4FY19 consolidated net profit rises 362.5% yoy to Rs6,024cr: Beats Estimates

The company’s consolidated revenue stood at Rs28,546cr, up 7.5% yoy and 14.0% qoq.

May 30, 2019 02:05 IST India Infoline Research Team

Coal India Ltd Q4FY19

Consolidated Results Q4FY19: (Rs. in cr)

Q4FY19 YoY (%)
Revenue 28,546.26 7.5
EBITDA 8,212.22 -
EBITDA Margin (%) 28.8 -
Net Profit  6,024.16 362.5
***EBITDA margin change is bps
Coal India beat estimates for Q4FY19 aided by good volume and realisation growth. Revenue grew by 7.5% yoy to Rs28,546cr (expectation Rs27,315cr). EBITDA stood at Rs8,212cr against estimates of Rs7,604cr. EBIDTA margin came in at 28.8% for Q4FY19. Net Profit stood at Rs6,024cr against an estimate of Rs5,053cr.
  • Production for Q4FY19 stood at 194mn tonnes, an increase of 6% yoy.
  • Offtake for Q4FY19 stood at 163.4mn tonnes, an increase of 2.4% yoy.
  • Segmental sales for Q4FY19 stood at:
    • FSA – 142.4mn tonnes, up 12.7% yoy
    • E-auction – 16.7mn tonnes, down 42.9% yoy
  • Realisations (per tonne) for the quarter across categories for Q4FY19 stood at:
    • Blended Realisations – Rs1,634 (up 3.9% yoy)
    • FSA – Rs1,460 (up 4.1% yoy)
    • E-auction – Rs2,754 (up 30.4% yoy)

Technical View:

Coal India Ltd ended at Rs. 252.90, up by 1.9 points or 0.76% from its previous closing of Rs. 251 on the BSE.
The scrip opened at Rs. 252 and touched a high and low of Rs. 255.40 and Rs. 249.85 respectively. A total of 1,69,51,272 (NSE+BSE) shares were traded on the counter. The stock traded below its 200 DMA.

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