Petronet LNG
Market Cap
₹411.8b
Last Updated
2020/07/07 12:37 UTC
Data Sources
Company Financials +
Executive Summary
Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India.
Snowflake Analysis
Flawless balance sheet with solid track record and pays a dividend.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.2%
PETRONET
5.2%
IN Oil and Gas
4.0%
IN Market
1 Year Return
8.0%
PETRONET
7.5%
IN Oil and Gas
-5.3%
IN Market
Return vs Industry: PETRONET underperformed the Indian Oil and Gas industry which returned 10.9% over the past year.
Return vs Market: PETRONET exceeded the Indian Market which returned -5.5% over the past year.
Shareholder returns
| PETRONET | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.2% | 5.2% | 4.0% |
| 30 Day | 2.0% | 9.7% | 6.6% |
| 90 Day | 21.5% | 36.9% | 22.9% |
| 1 Year | 12.2%8.0% | 12.0%7.5% | -3.3%-5.3% |
| 3 Year | 31.5%19.8% | 42.5%27.4% | 2.3%-2.6% |
| 5 Year | 201.1%169.1% | 79.6%46.8% | 27.7%17.8% |
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
6 days ago | Simply Wall St
Is Petronet LNG (NSE:PETRONET) A Risky Investment?3 weeks ago | Simply Wall St
Does Petronet LNG Limited's (NSE:PETRONET) CEO Pay Reflect Performance?1 month ago | Simply Wall St
Should You Be Adding Petronet LNG (NSE:PETRONET) To Your Watchlist Today?Valuation
Is Petronet LNG undervalued compared to its fair value and its price relative to the market?
14.5x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: PETRONET (₹261.25) is trading above our estimate of fair value (₹198.75)
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 (14.5x) compared to the Oil and Gas industry average (15.4x).
PE vs Market: PETRONET is poor value based on its PE Ratio (14.5x) compared to the Indian market (12.6x).
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 (3.5x) compared to the IN Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Petronet LNG forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
12.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PETRONET's forecast earnings growth (12.8% per year) is above the savings rate (7.2%).
Earnings vs Market: PETRONET's earnings (12.8% per year) are forecast to grow slower than the Indian market (18.8% per year).
High Growth Earnings: PETRONET's earnings are forecast to grow, but not significantly.
Revenue vs Market: PETRONET's revenue (8.4% per year) is forecast to grow faster than the Indian market (7.2% per year).
High Growth Revenue: PETRONET's revenue (8.4% 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 (24.8%)
Next Steps
Past Performance
How has Petronet LNG performed over the past 5 years?
22.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: PETRONET has high quality earnings.
Growing Profit Margin: PETRONET's current net profit margins (7.6%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: PETRONET's earnings have grown significantly by 22.2% per year over the past 5 years.
Accelerating Growth: PETRONET's earnings growth over the past year (21.2%) is below its 5-year average (22.2% per year).
Earnings vs Industry: PETRONET earnings growth over the past year (21.2%) exceeded the Oil and Gas industry -12.3%.
Return on Equity
High ROE: PETRONET's Return on Equity (24.3%) 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 (₹70.5B) exceed its short term liabilities (₹24.2B).
Long Term Liabilities: PETRONET's short term assets (₹70.5B) exceed its long term liabilities (₹53.2B).
Debt to Equity History and Analysis
Debt Level: PETRONET's debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: PETRONET's debt to equity ratio has reduced from 49% to 7.2% over the past 5 years.
Debt Coverage: PETRONET's debt is well covered by operating cash flow (359.8%).
Interest Coverage: PETRONET's interest payments on its debt are well covered by EBIT (8x coverage).
Balance Sheet
Next Steps
Dividend
What is Petronet LNG current dividend yield, its reliability and sustainability?
4.78%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: PETRONET's dividend (4.78%) is higher than the bottom 25% of dividend payers in the Indian market (0.68%).
High Dividend: PETRONET's dividend (4.78%) is in the top 25% of dividend payers in the Indian market (2.78%)
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 (38.8%), 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 (82.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Prabhat Singh (63yo)
4.83yrs
Tenure
₹14,179,901
Compensation
Shri. Prabhat Kumar Singh serves as an Independent Director at Gujarat Industries Power Company Limited since 2019. He served as Additional Independent Director of Gujarat Industries Power Company Limited ...
CEO Compensation Analysis
Compensation vs Market: Prabhat's total compensation ($USD190.02K) is below average for companies of similar size in the Indian market ($USD1.31M).
Compensation vs Earnings: Prabhat's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Whole-time Director | 4.83yrs | ₹14.18m | no data | |
| CFO, Director of Finance & Director | 2.25yrs | ₹5.56m | no data | |
| VP, Company Secretary | 2yrs | ₹3.46m | no data | |
| Senior Vice President of Marketing | no data | ₹6.45m | no data | |
| President of BD & Projects | no data | ₹9.13m | no data | |
| Senior Vice President of L&D | no data | ₹7.97m | no data | |
| Senior Vice President of Shipping | no data | ₹7.65m | no data | |
| Senior Vice President & Plant Head | no data | ₹6.87m | no data | |
| Vice President of F&A | no data | no data | no data | |
| CGM & VP of Marketing | no data | no data | no data |
2.3yrs
Average Tenure
60yo
Average Age
Experienced Management: PETRONET's management team is considered experienced (2.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Whole-time Director | 4.83yrs | ₹14.18m | no data | |
| CFO, Director of Finance & Director | 2.25yrs | ₹5.56m | no data | |
| Additional Director | 0.17yr | no data | no data | |
| Nominee Director | 1.67yrs | ₹80.00k | 0.000050% ₹205.9k | |
| Independent Director | 1.67yrs | ₹120.00k | no data | |
| Non-Executive Nominee Director | 2.75yrs | no data | no data | |
| Independent Director | 5.33yrs | ₹1.23m | no data | |
| Independent Director | 2.17yrs | ₹300.00k | no data | |
| Independent Director | 1.25yrs | no data | no data | |
| Non-Executive Chairman | 0.17yr | no data | no data |
1.9yrs
Average Tenure
60.5yo
Average Age
Experienced Board: PETRONET's board of directors are not considered experienced ( 1.9 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: ₹411.750b
- Shares outstanding: 1.50b
- Website: https://www.petronetlng.com
Number of Employees
Location
- Petronet LNG Limited
- World Trade Centre
- First Floor
- New Delhi
- Delhi
- 110001
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532522 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 2004 |
| PETRONET | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 2004 |
Biography
Petronet LNG Limited engages in the import, regasification, and supply of liquefied natural gas (LNG) in India. It owns and operates a LNG import and regasification terminal with name plate capacity of 17.5 MMTPA located in Dahej, Gujarat; and a LNG terminal with name plate capacity of 5 MMTPA located in Kochi, Kerala. The company was founded in 1998 and is based in New Delhi, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/07 12:37 |
| End of Day Share Price | 2020/07/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.