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02 Sep 2025 |
Petronet LNG
|
Consensus Share Price Target
|
277.45 |
322.53 |
- |
16.25 |
hold
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25 Aug 2025
|
Petronet LNG
|
Motilal Oswal
|
277.45
|
410.00
|
273.60
(1.41%)
|
47.77 |
Buy
|
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|
We recently upgraded PLNG to BUY (Tide is turning, slowly) on inexpensive valuations and strong upcoming capacity growth.
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28 Jul 2025
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Petronet LNG
|
Motilal Oswal
|
277.45
|
410.00
|
301.40
(-7.95%)
|
47.77 |
Buy
|
|
|
PLNG’s 1QFY26 revenue came in line, while EBITDA was 5% below our estimate at INR11.6b. Marketing margins missed our estimate as spot volumes were nil for the quarter, owing largely to muted power demand. PAT came in line with our estimate as other income was above estimate.
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28 Jul 2025
|
Petronet LNG
|
Prabhudas Lilladhar
|
277.45
|
311.00
|
301.40
(-7.95%)
|
12.09 |
Hold
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|
Total volume stood at 220TBtu (Ple 205 TBtu, -16% YoY, +7% QoQ). However, the company took an impairment of Rs1.4bn during the quarter on account of take-or-pay. As a result, despite higher-than-estimated volume, the company...
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05 Jul 2025
|
Petronet LNG
|
Motilal Oswal
|
277.45
|
410.00
|
299.75
(-7.44%)
|
47.77 |
Buy
|
|
|
We upgrade PLNG to Buy with a DCF-based TP of INR410/sh. According to our DCF analysis (WACC: 11.2%), at CMP, PLNG is pricing in an unrealistic scenario of a 20% decline in tariff at both the Dahej and Kochi terminals in FY28.
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17 Jun 2025
|
Petronet LNG
|
Geojit BNP Paribas
|
277.45
|
327.00
|
297.10
(-6.61%)
|
17.86 |
Hold
|
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|
In Q4FY25, Petronet's consolidated revenue declined 10.7% YoY to Rs. 12,316cr, primarily due to delayed capacity expansion and lower volume processed. The Dahej terminal processed 189 trillion British thermal units (TBTU) of LNG, a 13.7%...
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20 May 2025
|
Petronet LNG
|
ICICI Securities Limited
|
277.45
|
250.00
|
316.80
(-12.42%)
|
9.89 |
Sell
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|
Petronet LNG (PLNG) reported 16%/13% YoY/QoQ increase in adj. EBITDA to INR 12.8bn and +21%/+19% YoY/QoQ change in adj. PAT to INR 8.9bn. Reported PAT was INR 10.7bn with an INR 2.3bn reversal of UoP provision.
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20 May 2025
|
Petronet LNG
|
Prabhudas Lilladhar
|
277.45
|
292.00
|
316.80
(-12.42%)
|
Target met |
Sell
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PLNG reported an EBITDA of Rs15.1bn (+21% QoQ, +37% YoY, PLe: Rs10.8bn, BBGe: Rs11.8bn), while PAT came in at Rs10.7bn (+23% QoQ, +45% YoY, PLe: Rs7.3bn, BBGe: Rs8.2bn). Ther has been a reversal of Rs2.3bn included in the EBITDA for the quarter. Total volume declined 12% YoY and 10% QoQ to 205TBtu mainly due to shutdown of few fertilizer plants and lower offtake due...
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29 Jan 2025
|
Petronet LNG
|
Prabhudas Lilladhar
|
277.45
|
276.00
|
301.40
(-7.95%)
|
Target met |
Sell
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28 Jan 2025
|
Petronet LNG
|
Emkay
|
277.45
|
390.00
|
290.55
(-4.51%)
|
40.57 |
Buy
|
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|
PLNG posted Q3FY25 adj SA EBITDA of Rs12.8bn and APAT of Rs8.9bn, which were in-line. Provision on Use or Pay (UoP) was Rs1.5bn, while UoP income booked for CY24 was Rs1.17bn.
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28 Jan 2025
|
Petronet LNG
|
Motilal Oswal
|
277.45
|
330.00
|
290.55
(-4.51%)
|
18.94 |
Neutral
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|
Petronet LNG’s 3QFY25 revenue came in below our estimates, as total volumes stood below our estimates, primarily due to lower third-party cargos. While EBITDA was also marginally below estimates, higher-thanexpected other income led to PAT coming in-line with our estimates.
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26 Dec 2024
|
Petronet LNG
|
Geojit BNP Paribas
|
277.45
|
393.00
|
344.75
(-19.52%)
|
41.65 |
Accumulate
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25 Oct 2024
|
Petronet LNG
|
BOB Capital Markets Ltd.
|
277.45
|
340.00
|
337.55
(-17.80%)
|
Target met |
Hold
|
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|
Q2 underlying EBITDA broadly in line factoring in UOP adjustments; Dahej utilisation can hold up in Q3 if LNG prices remain range bound
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24 Oct 2024
|
Petronet LNG
|
Motilal Oswal
|
277.45
|
385.00
|
338.55
(-18.05%)
|
38.76 |
Neutral
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Petronet LNG (PLNG) 2QFY25 EBITDA came in 9% below our estimates at INR12b. Dahej utilization was down 9pp QoQ at 102%, while Kochi utilization stood at 22% (flat QoQ).
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02 Oct 2024
|
Petronet LNG
|
Emkay
|
277.45
|
425.00
|
344.10
(-19.37%)
|
53.18 |
Buy
|
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|
We upgrade PLNG to BUY from Add and raise our TP by 16% to Rs425/sh. We reiterate our positive view on the back of a steady outlook and attractive valuation.
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06 Aug 2024
|
Petronet LNG
|
Geojit BNP Paribas
|
277.45
|
397.00
|
356.85
(-22.25%)
|
|
Accumulate
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25 Jul 2024
|
Petronet LNG
|
Prabhudas Lilladhar
|
277.45
|
266.00
|
365.35
(-24.06%)
|
|
Sell
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24 Jul 2024
|
Petronet LNG
|
ICICI Securities Limited
|
277.45
|
270.00
|
350.60
(-20.86%)
|
Target met |
Sell
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|
Petronet LNG (PLNG) has reported 32% YoY (42% QoQ) improvement in EBITDA to INR 15.6bn and 45/55% YoY/QoQ rise in adjusted PAT to INR 11.4bn. Volume of 248tbtu at Dahej reached an 11-quarter high.
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24 Jul 2024
|
Petronet LNG
|
Motilal Oswal
|
277.45
|
380.00
|
350.60
(-20.86%)
|
Target met |
Neutral
|
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|
Petronet LNG (PLNG) recorded lower-than-estimated EBITDA of INR13.7b in 1QFY25. Dahej utilization was up 13% QoQ at 112%, while Kochi utilization stood at 22% (+1.6pp YoY).
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25 May 2024
|
Petronet LNG
|
BOB Capital Markets Ltd.
|
277.45
|
260.00
|
305.40
(-9.15%)
|
Target met |
Sell
|
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Q4 EBITDA missed consensus on provisions for delayed TOP recovery and inventory loss; provisions to muddle EBITDA reporting till FY26
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19 Apr 2024
|
Petronet LNG
|
FundsIndia
|
277.45
|
352.00
|
300.15
(-7.56%)
|
Target met |
Buy
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