Toh pehle Q3 results ki baat kar lete hain. Company ka consolidated revenue 5.2% gir kar ₹34,924 crore ho gaya, aur profit after tax toh aur bhi 15.6% neeche aakar ₹7,166 crore pe pahunch gaya. Iska reason tha coal offtake kam hona aur e-auction rates ka girna. Plus, executives ki salary upgrade ke liye ek one-time provision ne bhi profit pe thoda asar dala.
Lekin brokers jaise Jefferies sirf numbers nahi dekhte. Woh company ke future plans bhi dekhte hain. Coal India ab sirf coal pe dependent nahi hai. Woh clean energy, critical minerals mein bhi enter kar rahe hain. Aur mines mein better infrastructure, machinery ka use, aur digital management se efficiency bhi badh rahi hai.
Ab sabse important baat - aage ka outlook! Garmiyon mein power ki demand badhegi, jisse coal ki khapat (offtake) badhegi. Plus, global energy prices bhi upar ja rahi hain. Is wajah se industries mehange imports ki jagah apna domestic coal prefer karengi, jisse CIL ko e-auction mein ache rates mil sakte hain.
Is sab ko dhyan mein rakhte hue, Jefferies ne apna rating 'Buy' kar diya aur target price ₹506 rakha hai. Ye target unhone FY28 ke EV/EBITDA multiple pe based rakha hai. Matlab, brokers ko lagta hai ki share mein ab aage chalne ki kaafi potential hai.
