NSEI:PETRONET

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Executive Summary

Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.

Share Price & News

How has Petronet LNG's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PETRONET is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: PETRONET's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-3.2%

PETRONET

0.8%

IN Oil and Gas

-0.4%

IN Market


1 Year Return

-4.8%

PETRONET

7.0%

IN Oil and Gas

15.9%

IN Market

Return vs Industry: PETRONET underperformed the Indian Oil and Gas industry which returned 7% over the past year.

Return vs Market: PETRONET underperformed the Indian Market which returned 15.9% over the past year.


Shareholder returns

PETRONETIndustryMarket
7 Day-3.2%0.8%-0.4%
30 Day0.1%-1.1%5.0%
90 Day16.6%-1.3%24.4%
1 Year0.9%-4.8%11.0%7.0%18.1%15.9%
3 Year26.1%9.6%31.8%18.1%9.7%4.4%
5 Year142.3%106.8%123.9%85.4%82.3%68.5%

Long-Term Price Volatility Vs. Market

How volatile is Petronet LNG's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Petronet LNG undervalued compared to its fair value and its price relative to the market?

15.76x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PETRONET (₹259.7) is trading above our estimate of fair value (₹181.88)

Significantly Below Fair Value: PETRONET is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PETRONET is good value based on its PE Ratio (15.8x) compared to the IN Oil and Gas industry average (19.3x).

PE vs Market: PETRONET is good value based on its PE Ratio (15.8x) compared to the Indian market (19.5x).


Price to Earnings Growth Ratio

PEG Ratio: PETRONET is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: PETRONET is overvalued based on its PB Ratio (3.4x) compared to the IN Oil and Gas industry average (1x).


Next Steps

Future Growth

How is Petronet LNG forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

14.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PETRONET's forecast earnings growth (14.5% per year) is above the savings rate (7%).

Earnings vs Market: PETRONET's earnings (14.5% per year) are forecast to grow slower than the Indian market (25.5% per year).

High Growth Earnings: PETRONET's earnings are forecast to grow, but not significantly.

Revenue vs Market: PETRONET's revenue (14% per year) is forecast to grow faster than the Indian market (11.7% per year).

High Growth Revenue: PETRONET's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PETRONET's Return on Equity is forecast to be high in 3 years time (25.7%)


Next Steps

Past Performance

How has Petronet LNG performed over the past 5 years?

18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PETRONET has high quality earnings.

Growing Profit Margin: PETRONET's current net profit margins (8.6%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: PETRONET's earnings have grown by 18.3% per year over the past 5 years.

Accelerating Growth: PETRONET's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PETRONET had negative earnings growth (-8.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-26.2%).


Return on Equity

High ROE: PETRONET's Return on Equity (21.5%) is considered high.


Next Steps

Financial Health

How is Petronet LNG's financial position?


Financial Position Analysis

Short Term Liabilities: PETRONET's short term assets (₹74.0B) exceed its short term liabilities (₹22.8B).

Long Term Liabilities: PETRONET's short term assets (₹74.0B) exceed its long term liabilities (₹51.7B).


Debt to Equity History and Analysis

Debt Level: PETRONET's debt to equity ratio (1.3%) is considered satisfactory.

Reducing Debt: PETRONET's debt to equity ratio has reduced from 35.9% to 1.3% over the past 5 years.

Debt Coverage: PETRONET's debt is well covered by operating cash flow (1899.2%).

Interest Coverage: PETRONET's interest payments on its debt are well covered by EBIT (41.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Petronet LNG current dividend yield, its reliability and sustainability?

5.78%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: PETRONET's dividend (5.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.44%).

High Dividend: PETRONET's dividend (5.78%) is in the top 25% of dividend payers in the Indian market (1.81%)


Stability and Growth of Payments

Stable Dividend: PETRONET's dividend payments have been volatile in the past 10 years.

Growing Dividend: PETRONET's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.5%), PETRONET's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PETRONET's dividends in 3 years are forecast to be covered by earnings (75.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.3yrs

Average management tenure


CEO

Vinod Mishra (56 yo)

0.33

Tenure

₹11,602,819

Compensation

Shri. Vinod Kumar Mishra serves as Director of Finance and Director at Petronet LNG Limited and served as Chief Financial Officer since April 18, 2018 until November 4, 2020. He has been Additional Charge ...


CEO Compensation Analysis

Compensation vs Market: Vinod's total compensation ($USD158.62K) is below average for companies of similar size in the Indian market ($USD820.13K).

Compensation vs Earnings: Vinod's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Vinod Mishra
Director of Finance0.33yr₹11.60mno data
Mukesh Gupta
CGM and Vice President of F&Ano data₹7.72mno data
Pushp Khetarpal
President of BD & Projectsno data₹8.81mno data
Sanjay Gupta
GGM & President of Shippingno data₹14.45mno data
Samar Singh
GGM, President of Dahe and Plant Headno data₹9.85mno data
Rakesh Chawla
Chief Financial Officer0.17yrno datano data
Pramod Narang
Director of Technical & Additional Director0.17yrno datano data
Rajan Kapur
VP, Company Secretary2.5yrs₹3.46mno data
Pankaj Wadhwa
Senior Vice President of Marketingno data₹6.45mno data
Avnit Chopra
Senior Vice President of L&Dno data₹7.97mno data
G. Sharma
CGM & VP of Marketingno datano datano data
T. Neelakantan
GGM & President of Kochi & Plant Headno datano datano data

0.3yrs

Average Tenure

57yo

Average Age

Experienced Management: PETRONET's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vinod Mishra
Director of Finance0.33yr₹11.60mno data
Pramod Narang
Director of Technical & Additional Director0.17yrno datano data
Sunil Srivastava
Independent Director2.17yrs₹969.32kno data
Sanjeev Kumar
Nominee Director1.33yrsno datano data
Shashi Shanker
Non-Executive Nominee Director3.25yrsno data0.000050%
₹ 194.8k
Shrikant Vaidya
Nominee Director0.50yrno datano data
Jyoti Shukla
Independent Director5.83yrs₹1.37mno data
Sidhartha Pradhan
Independent Director2.67yrs₹1.25mno data
Manoj Jain
Additional Director0.67yrno datano data
Siddhartha Singh
Independent Director2.17yrs₹689.32kno data
Arun Kumar
Independent Director1.75yrs₹320.00kno data
Tarun Kapoor
Non-Executive Chairman0.67yrno datano data

2.0yrs

Average Tenure

58yo

Average Age

Experienced Board: PETRONET's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Petronet LNG Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petronet LNG Limited
  • Ticker: PETRONET
  • Exchange: NSEI
  • Founded: 1998
  • Industry: Oil and Gas Storage and Transportation
  • Sector: Energy
  • Market Cap: ₹389.550b
  • Shares outstanding: 1.50b
  • Website: https://www.petronetlng.com

Number of Employees


Location

  • Petronet LNG Limited
  • World Trade Centre
  • 1st Floor
  • New Delhi
  • Delhi
  • 110001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532522BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2004
PETRONETNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2004

Biography

Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India. The company owns and operates a LNG import and regasification terminal with name plate capaci...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 12:14
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.