As envisaged by me in my previous post, I was expecting muted earnings and net profits in Q2 FY25 and it seems that those concerns have played out.
With massive Capex plans in next 4-5 years, there could be negative impact on ROCE over next few years.
Following report highlights both positives and negatives about Coal India in near to medium term.
Disclosure: Trimmed the position during FY24-25 but still holding for Dividend Yield. Also optimistic about further increase in coal production volumes though net profit growth could be muted. I might be wrong in my analysis. I am not a SEBI registered analyst.
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