Achanak se Analyst ko Coal India kyu pasand aaya?
Dekho, Coal India ne pichle quarter mein kamaal ka performance dikhaya hai. Unka EBITDA, agar kuch kharchon (OBR) ko hata dein toh, 8% saal dar saal badh kar ₹123 billion tak pahunch gaya. Ye numbers analysts aur company ke khud ke targets se bhi upar nikle hain. Iske peeche ka reason hai company ki cost control karne ki strategy aur e-auction mein hui zabardast sales, jinki wajah se revenue badha.
Rating Upgrade aur Naya Target!
Is zabardast performance ko dekh kar, Prabhudas Lilladher naam ke analyst ne Coal India ke stock ko 'HOLD' se upgrade karke 'Accumulate' kar diya hai. Unhone target price bhi ₹436 se badha kar ₹515 kar diya hai. Ye valuation company ke pichle 10 saal ke average EV/EBITDA multiple ke aas-paas rakhi gayi hai.
Sirf Profit hi nahi, Dividend bhi!
Aur suno, sirf stock performance hi nahi, company ne FY26 ke liye ₹26.55 प्रति share ka dividend bhi announce kiya hai, jo lagbhag 6% ka yield dega. Ye investors ke liye ek aur acchi khabar hai jo regular income chahte hain.
Aage ka kya outlook hai?
Analysts ko lagta hai ki FY27 aur FY28 mein bhi company moderate growth dikha sakti hai. Halanki, e-auction premiums mein thoda volatility hai, aur diesel prices badhne se expenses thoda badh sakte hain. Kuch targets miss hone ki bhi khabar hai, par overall market mein coal ki demand acchi hai aur government bhi domestic coal production ko support kar rahi hai.
Competing kon hai aur Risks kya hain?
Agar competitors ki baat karein toh Coal India ka P/E ratio ONGC jaisa hai, par Bharat Petroleum se zyada. EV/EBITDA bhi 10-year median se upar hai. Risk yeh hai ki agar e-auction premiums girte rahe ya diesel ke daam badhte gaye toh profits par asar pad sakta hai. Kuch analysts ka target price neeche jaane ka bhi hai, jisse thoda caution dikh raha hai.
