Petronet LNG Ltd
NSE: PETRONET BSE: 532522
Petronet LNG Ltd was formed to develop, design, construct, own and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India.[1]
₹266
52W: ₹235 — ₹326
PE 10.5 · Book ₹145 · +83% vs bookMarket Cap₹39,892 Cr
Stock P/E10.5Price to Earnings
ROCE23.4%Return on Capital
ROE18.7%Return on Equity
Div. Yield3.74%Face Value ₹10
Strengths
- +Company has been maintaining a healthy dividend payout of 30.8%
Weaknesses
- −The company has delivered a poor sales growth of 10.8% over past five years.
Shareholding Pattern
Promoters50%
FIIs27.13%
DIIs12.94%
Public9.95%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 50% | 50% | 50% | 50% | 50% | 50% | 50% | 50% |
| FIIs | 25.58% | 27.31%▲1.7 | 28.61%▲1.3 | 28.77%▲0.2 | 29.04%▲0.3 | 28.03%▼1.0 | 26.3%▼1.7 | 27.13%▲0.8 |
| DIIs | 12.86% | 11.81%▼1.0 | 11.1%▼0.7 | 11.18%▲0.1 | 10.86%▼0.3 | 11.65%▲0.8 | 13.45%▲1.8 | 12.94%▼0.5 |
| Public | 11.56% | 10.88%▼0.7 | 10.29%▼0.6 | 10.05%▼0.2 | 10.1%▲0.0 | 10.32%▲0.2 | 10.24%▼0.1 | 9.95%▼0.3 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 14,747 | 13,793 | 13,415 | 13,022 | 12,227 | 12,316 | 11,880 | 11,009 | 11,164 | 9,442 |
| Expenses | 13,041 | 12,689 | 11,852 | 11,821 | 10,979 | 10,803 | 10,720 | 9,892 | 9,965 | 7,580 |
| Operating Profit | 1,706 | 1,104 | 1,563 | 1,200 | 1,248 | 1,513 | 1,160 | 1,117 | 1,199 | 1,862 |
| OPM % | 12% | 8% | 12% | 9% | 10% | 12% | 10% | 10% | 11% | 20% |
| Net Profit | 1,191 | 738 | 1,142 | 848 | 867 | 1,070 | 851 | 806 | 848 | 1,338 |
| EPS ₹ | 7.94 | 4.92 | 7.61 | 5.65 | 5.78 | 7.13 | 5.67 | 5.37 | 5.66 | 8.92 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹43,495Cr, down 14.7% YoY. OPM at 12%.
Debt Position
Borrowings at ₹2,341Cr. Debt-to-equity ratio: 0.12x. Healthy balance sheet.
Capex Cycle
CWIP at ₹2,497Cr (28% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 12.94% (+7.97pp change). FIIs: 27.13% (-7.14pp change). Promoters hold 50%.
Margin & Efficiency
ROCE improving from 15% (Mar 2015) to 23% (Mar 2026). Working capital days: 2.
Valuation
PE 10.5x with 23.4% ROCE. Price is 83% above book value of ₹145. Dividend yield: 3.74%.
Recent Announcements
- Intimation Regarding Schedule Of Analyst/ Institutional Investor Meets/ Conferences Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015 2d - Petronet LNG schedules investor conferences in Mumbai on 27 May, 28 May and 2 June 2026.
- Announcement under Regulation 30 (LODR)-Credit Rating 12 May - CRISIL assigned AAA/Stable rating to Petronet LNG’s Rs. 12,000 crore rupee term loan facility.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 11 May - Transcript of conceal held on May 5, 2026 is attached herewith
- Communication To Shareholders Regarding Second 100 Days Campaign - 'Saksham Niveshak' 6 May - Petronet LNG launches Saksham Niveshak campaign for KYC updates and unclaimed dividend claims until July 9, 2026.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 5 May - Petronet LNG shared audio recording of 5 May 2026 post-results conference call.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse