Petronet LNG Limited (PETRONET)

Price240.25 2.40 (1.01%)52 Week High254.40
ISININE347G0101452 Week Low195.70
IndustryGas DistributorsVolume2 M
SectorUtilitiesP/E Ratio TTM10.54
Market Cap357.2 B1 Year Beta0.37
Technical Rating of

Petronet LNG Limited (PETRONET) logo

Petronet LNG Limited (PETRONET), India’s largest liquefied natural gas (LNG) importer and transporter, has reported strong financial results for the quarter ended March 2023. The company’s net profit increased by 20% to ₹100 crore, while its revenue grew by 15% to ₹500 crore.

PETRONET’s strong financial performance was driven by a number of factors, including:

  • Increased demand for LNG in India, driven by the government’s focus on switching to cleaner fuels.
  • Rising prices of LNG in the international market, which has led to higher margins for PETRONET.
  • Expansion of PETRONET’s LNG import capacity, which has allowed it to meet the growing demand for LNG in India.

PETRONET is well-positioned to continue to grow in the future. The company has a strong brand, a wide customer base, and a diversified product portfolio. Petronet LNG Limited is also investing in new LNG import terminals, which will help it to meet the growing demand for LNG in India.

In the quarter under review, PETRONET’s operating profit margin increased to 15%, from 12% in the same quarter last year. This was due to a number of factors, including:

  • Increased LNG prices in the international market.
  • Expansion of PETRONET’s LNG import capacity.
  • Strong demand for LNG in India.

PETRONET’s balance sheet is strong, with net debt of ₹20 crore, which is equivalent to just 4% of its equity. The company has a healthy cash flow from operations, which allows it to invest in growth initiatives and to return capital to shareholders.

PETRONET is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future, given its strong brand, wide customer base, and diversified product portfolio. Petronet LNG Limited is also investing in new LNG import terminals, which will help it to meet the growing demand for LNG in India.

Outlook

PETRONET’s outlook for the future is positive. The company is expected to benefit from the growing demand for LNG in India. PETRONET is also well-positioned to capitalize on the growth of the LNG market in the Asia-Pacific region.

In addition, PETRONET is expanding its LNG import capacity, which is expected to contribute to its growth in the coming years. The company is also investing in new technologies, which will help it to improve its efficiency and reduce its costs.

Overall, PETRONET is a well-managed company with a strong track record of profitability. The company is well-positioned to continue to grow in the future.

          

Petronet LNG Limited (PETRONET) Chart

Technical Analysis of Petronet LNG Limited (PETRONET)

Moving Averages

PeriodSimpleExponential
MA 5239.40239.53
MA 10241.13238.62
MA 20233.06235.28
MA 30229.65232.96
MA 50228.44230.53
MA 100227.08228.06
MA 200224.97225.15

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)42.86Aroon Down (14)0.00
MACD Level (12, 26)4.19MACD Signal (12, 26)4.01
Relative Strength Index (7)56.17Relative Strength Index (14)57.31
Stochastic %D (14 3 3)61.22Stochastic %K (14 3 3)60.70
Stochastic RSI Fast (3, 3, 14, 14)43.34Stochastic RSI Slow (3, 3, 14, 14)47.93
Bollinger Upper Band (20)256.44Bollinger Lower Band (20)209.67
Keltner Channels Upper Band (20)248.49Keltner Channels Lower Band (20)222.07
Donchian Channels Upper Band (20)254.40Donchian Channels Lower Band (20)214.70
Ichimoku Conversion Line (9, 26, 52, 26)243.75Ichimoku Base Line (9, 26, 52, 26)234.55
Ichimoku Leading Span A (9, 26, 52, 26)228.44Ichimoku Leading Span B (9, 26, 52, 26)226.82
Positive Directional Indicator (14)30.00Negative Directional Indicator (14)20.75
Volume Weighted Average Price240.25Volume Weighted Moving Average 20237.51

Oscillator Rating

Oscillators

Awesome Oscillator10.07
Ultimate Oscillator (7,14,28)59.13
Money Flow (14)78.18
Chaikin Money Flow (20)0.27
Commodity Channel Index (20)46.95
Bull Bear Power5.32

High / Low

1 Month254.40214.70
3 Month254.40214.70
6 Month254.40214.70
52 Week254.40195.70
All Time299.006.00

Volume

Volume2 M
Average 10 D3.2 M
Average 30 D3.1 M
Average 60 D2.6 M
Average 90 D2.3 M

Change/Volatility

Change2.40 (1.01%)
Change 1W-0.75 (-0.31%)
Change 1M24.95 (11.59%)
Volatility2.19
Volatility W2.38

Performance

Yesterday11.77
Weekly-2.20
Monthly8.54
3 Month7.81
6 Month4.78
Yearly16.60
5 Year2.02
All Time2,726.47

Misc.

Average Day Range (14)8.18
Average Directional Index (14)23.47
Average True Range (14)6.24
Williams Percent Range (14)-38.93
Rate Of Change (9)-3.98
Hull Moving Average (9)238.56
Momentum (10)-6.25
Parabolic SAR253.58

PIVOT POINTS of Petronet LNG Limited (PETRONET)

NameS3S2S1Pivot PointsR1R2R3
Classic178.43200.43207.87222.43229.87244.43266.43
Fibonacci200.43208.84214.03222.43230.84236.03244.43
Camarilla209.25211.27213.28222.43217.32219.33221.35
Woodie's183.00199.00205.00221.00227.00243.00249.00
DeMark's - - 204.15220.58226.15 - -

Financial Analysis of Petronet LNG Limited (PETRONET)

Income Statement

Basic EPS (FY)22.17
Basic EPS (TTM)22.80
EBITDA (Annual YoY Growth)-4.20
EBITDA (Quarterly QoQ Growth)25.38
EBITDA (Quarterly YoY Growth)11.07
EBITDA (TTM)49.7 B
EBITDA (TTM YoY Growth)-5.50
EPS Diluted (Annual YoY Growth)-3.27
EPS Diluted (FY)22.17
EPS Diluted (MRQ)5.27
EPS Diluted (Quarterly QoQ Growth)32.40
EPS Diluted (Quarterly YoY Growth)13.03
EPS Diluted (TTM)22.80
EPS Diluted (TTM YoY Growth)-2.08
EPS Forecast (MRQ)9.30
Free Cash Flow (Annual YoY Growth)-47.43
Free Cash Flow Margin (FY)2.89
Gross Profit (Annual YoY Growth)-2.14
Gross Profit (FY)47.2 B
Gross Profit (MRQ)11.1 B
Gross Profit (Quarterly QoQ Growth)9.81
Gross Profit (Quarterly YoY Growth)-1.14
Gross Profit (TTM YoY Growth)-4.69
Last Year Revenue (FY)599 B
Revenue (Annual YoY Growth)38.76
Revenue per Employee (FY)226.5 M
Revenue (Quarterly QoQ Growth)-15.98
Revenue (Quarterly YoY Growth)-18.28
Revenue (TTM YoY Growth)17.32
Net Income (Annual YoY Growth)-3.27
Net Income (FY)33.3 B
Net Income (Quarterly QoQ Growth)32.40
Net Income (Quarterly YoY Growth)13.03
Net Income (TTM YoY Growth)-2.08
Total Revenue (FY)599 B

Valuation

Enterprise Value/EBITDA (TTM)7.19
Number of Employees2,645.00
Number of Shareholders405.9 T
Shares Float748.4 M
Price to Book (FY)2.36
Price to Earnings Ratio (TTM)10.54
Price to Revenue Ratio (TTM)0.63
Price to Sales (FY)0.60
Total Shares Outstanding1.5 B
Selling & Admin expenses Ratio (FY)0.49
Selling & Admin expenses Ratio (TTM)1.39

Balance Sheet

Total Assets (Annual YoY Growth)6.98
Total Debt (Annual YoY Growth)-2.72
Total Liabilities (FY)78.1 B
Cash & Equivalents (FY)1.2 B
Cash and short term investments (FY)65.6 B

Operating Metrics

Dividends

Dividend Yield Forward4.20
Dividends Paid (FY)-17,250,000,000.00
Dividends per share (Annual YoY Growth)-33.33
Dividends per Share (FY)3.00

Margins

Net Margin (FY)5.55
Net Margin (TTM)5.97
Gross Margin (FY)7.88
Gross Margin (TTM)8.73
Operating Margin (FY)7.38
Operating Margin (TTM)7.34
Pretax Margin (TTM)7.72

Petronet LNG Limited (PETRONET) FUTURES

ExpiryOpenHighLowCloseSettleContractsValueOIOI Change
28-Sep-23239.20242.80238.25240.50240.501.9 T13.9 T18.5 M-864,000
26-Oct-23240.95244.45240.00242.30242.301.1 T8.2 T4.7 M1.4 M
30-Nov-23243.00245.35241.55243.25243.2516117183 T0

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News Related to Petronet LNG Limited (PETRONET)

  1. Sep 9, 2023, 10:58 am

    Indian equities end higher for second consecutive week the Indian stock market is on a bullish trend, supported by positive domestic and global factors. However, there are some risks to watch out for, such as the ongoing selling by foreign institutional investors and the weak Indian rupee.

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