Coal India Q3 Results Review: Motilal Oswal Reiterates 'Buy' On The Stock, Sees 28% — Here's Why

Coal India's board declared an interim dividend of Rs 5.60 per share, totaling Rs 21.35 per share as of 9M FY25..NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Motilal Oswal Report.Coal India Ltd.’s Q3 FY25 witnessed a decent improvement following the drag seen in Q2 FY25 (which was affected by extended monsoon). The e-auction volumes also remained elevated with some increase in e-auction premiums, which supported profitability. For FY26/FY27, we maintain our estimates and expect volumes to improve, which would boost earnings performance. The e-auction premium is expected to remain stable ahead. The company’s focus on increasing coal-washer capacity will improve its market share in domestic coking/non-coking coal. Further, management is focusing on coalmine expansions, which would be funded via internal accruals, or Coal India might borrow to undertake certain strategic diversification projects, such as RE facilities and coal gasification, et al. At current market price, the stock is trading at 3.3x FY27E enterprise value/Ebitda. We reiterate our Buy rating with a target price of Rs 480 (premised on 4.5x on FY27 EV/EBITDA). Coal India remains our top pick in the metals and mining sector..Click on the attachment to read the full report:.Coal India Q3 Results: Profit Falls 17%, But Meets Estimates.DISCLAIMERThis report is authored by an external party. NDTV Profit 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 NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Coal India Q3 Results Review: Motilal Oswal Reiterates 'Buy' On The Stock, Sees 28% — Here's Why

Coal India remains Motilal Oswal's top pick in the metals and mining sector.

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Coal India Q3 Results Review: Motilal Oswal Reiterates 'Buy' On The Stock, Sees 28% — Here's Why

Coal India remains Motilal Oswal's top pick in the metals and mining sector.

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