Petronet LNG Limited

Petronet LNG Limited (PETRONET) is a mid-cap Oil Gas & Consumable Fuels company valued at ₹43,935 crore operating in LPG/CNG/PNG/LNG Supplier on the NSE and BSE.

Recent price move

Petronet LNG Limited last traded at ₹293, modestly down 0.75% on the day.

Recent developments

On 2026-09-29, the company warned that its next growth phase depends on improving capacity utilization, as high LNG prices are expected to keep utilization low in FY27. On 2026-09-17, Petronet LNG announced a 50:50 joint venture with Gruner Renewable Energy to build 10 CBG plants with a 1,200 crore investment. On 2026-10-03, Sanjay Kumar was appointed as MD & CEO, effective May 13, 2027.

Financial performance

The company's annual revenue fell 14.7% year-over-year, while net profit declined 1.5%. The latest quarter saw revenue drop 53.2% compared to the same quarter a year earlier, but net profit rose 35.1%. The net profit margin improved by 1.2 percentage points to 9.0%, but return on equity remained at 0.0%.

Valuation multiples

The stock trades at 11.2 times earnings, 1.94 times book value. It yields 3.5%.

Things to watch

The stock is 12.5% below its 52-week high. Net profit margin, while up, is still low at 9.0%. Return on equity remains at 0.0%, indicating poor profitability relative to equity. Revenue growth has slowed, with a 10.1% annual decline over the past three years.

Where it stands

Petronet LNG's business has seen declining revenue and mixed profit performance, with the latest quarter showing a sharp drop in revenue but a rise in net profit. The company's recent developments include a new joint venture and management change, but its capacity utilization remains a concern. The stock is currently 12.5% below its 52-week high.

Summarised by DocStoX's model on 2026-10-03 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.