ALFA Finder| Margins | Strong due to trading gains (INR 301Cr) and inventory gains (INR 193Cr). |
|---|---|
| Order book | Two cargoes delivered under new Deepak Fertilizers contract since May 2026. |
| Demand visibility | Replacement volumes flowing despite Qatar force majeure; expect improvement post-conflict. |
| Management confidence | High regarding resilience and trading margin business model. |
Growth
Standalone PBT/PAT grew 33% YoY. Consolidated PAT reached record Q1 high of INR 1,137 crores despite 6% YoY total volume decline to 207 TBTU.
Outlook
Budgeted FY27/FY28 capex of INR 9,064 crores each. Petrochemical project 40% complete; targeting 25-year plant life. New Qatar contract starts 2028.
Risks
Lower capacity utilization due to Strait of Hormuz conflict impacting Qatari volumes; Dahej utilization fell to 66% on expanded base.
Last quarter's promises, checked
Delivered
- Guided FY26 Kochi highest ever volume → delivered 68 TBTU (= BEAT)
- Guided Petrochem project on track → delivered 40% complete (= BEAT)
- Guided Exxon contract start April 2026 → delivered first cargo in April (= BEAT)
Partly delivered
- Guided FY26 Capex INR 3,000Cr → delivered INR 2,511Cr cash outflow (= PARTIAL)
Missed
- Guided June supply resumption → delivered volumes still impacted by conflict (= MISS)
Earnings Call Transcript filed with BSE, NSE: PETRONET. Summary written with AI assistance from the document.
Petronet LNG Ltd: key numbers
- Share price
- ₹333.10
- Market cap
- ₹49,965 Cr
- Revenue (annual)
- ₹43,495 Cr
- Net profit (annual)
- ₹3,913 Cr
- P/E (TTM)
- 10.8×Sector 17.5×
- Promoter holding
- 50.00%+0.00% QoQ
- FII holding
- 25.97%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Petronet LNG Ltd
All →Petronet LNG Earnings Call Transcript: Key Takeaways
Best-ever Q2 and H1 PBT/PAT, but profit is flattered by ₹658 Cr operational/commercial efficiency gains while volume grew only 1% YoY.
Petronet LNG Dividend
Petronet LNG's board declared an interim dividend of Rs 7 per equity share for FY 2026-27 on November 2, 2026. Payment is proposed by December 2, 2026.
Petronet LNG Q2 FY27 Results: Net Profit ₹1,256 Cr, Up 51.3% YoY
Petronet LNG Ltd reported revenue from operations of ₹7,202 Cr (-34.6% YoY) and net profit of ₹1,256 Cr (+51.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,256 Cr · +51.3% YoY
Petronet LNG Legal & Regulatory
Petronet LNG has filed a writ petition in the Gujarat High Court against a GST show cause notice from DGGI proposing recovery of ₹283.72 crore. The company says the demand is unjustified and expects no material impact.
- Value
- ₹283.7 Cr
Petronet LNG Board Meeting Date
Petronet LNG has scheduled a board meeting for 02 Nov 2026 to consider an interim dividend. No amount or record date has been stated yet.
Petronet LNG Merger & Restructuring
Petronet LNG Limited signed a binding term sheet with Gruner Renewable Energy to form a 50:50 joint venture for establishing CBG plants across India.
- CBG production capacity
- 180.0 MT/day