External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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External broker reports(aggregated public sources)

Coal India Follow-On - Recent Momentum Is Strong but past Deals Haven’t Done Much

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>For Q3FY22, CIL's consolidated revenue from operations were at Rs 28434 crore (up 20% YoY &amp; 22% QoQ), higher than our estimate of Rs 27765 crore.</li><li>CIL's consolidated EBITDA for the quarter was at Rs 6825 crore (up 32% YoY &amp; 73% QoQ), higher than our estimate of Rs 6090 crore.</li><li>EBITDA/tonne for Q3FY22 was at Rs 393/tonne, higher than our estimate of Rs 350/tonne</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

For Q3FY22, CIL's consolidated revenue from operations were at Rs 28434 crore (up 20% YoY &amp; 22% QoQ), higher than our estimate of Rs 27765 crore.CIL's consolidated EBITDA for the quarter was at Rs 6825 crore (up 32% YoY &amp; 73% QoQ), higher than our estimate of Rs 6090 crore.EBITDA/tonne for Q3FY22 was at Rs 393/tonne, higher than our estimate of Rs 350/tonneContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Coal India Ltd

Coal India: Performs Well