Coal India Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 68745.23 Crore) operating in Mining sector.
For the quarter ended 30-06-2020, the company reported a Consolidated sales of Rs 17007.10 Crore, down 38.31 % from last quarter Sales of Rs 27568.23 Crore and down 26.77 % from last year same quarter Sales of Rs 23223.00 Crore. The Company reported net profit after tax of Rs 2078.57 Crore in latest quarter.
For Q2FY21, Coal India reported coal offtake of 134.2 million tonne (MT), up 9.6% YoY, 11.4% QoQ. The brokerage expects the topline to increase 4.4% YoY to Rs 21,278 crore. The EBITDA margin is likely to come in at 21.5% (against 16.5% in Q1FY21, 17.7% in Q2FY20). It expects the company to clock an EBITDA/tonne of | 333/tonne (compared to | 254/tonne in Q1FY21 and | 296/tonne in Q2FY20).
Promoters held 66.1 per cent stake in the company as of June 30, 2020, while FIIs held 7.9 per cent, DIIs 22.2 per cent and public and others 3.8 per cent.