Petronet LNG Ltd (BOM:532522)
₹ 334.3 1.3 (0.39%) Market Cap: 501.45 Bil Enterprise Value: 422.81 Bil PE Ratio: 12.63 PB Ratio: 2.64 GF Score: 92/100
Back to the Transcripts List

Q1 2025 Petronet LNG Ltd Earnings Call Transcript

Jul 24, 2024 / 12:00PM GMT
Release Date Price: ₹351.45 (+5.38%)

Key Points

Positve
  • Petronet LNG Ltd (BOM:532522) reported a significant increase in throughput, achieving 248 TBTU in Q1 FY25, up from 219 TBTU in the previous quarter.
  • The company operated at 109% capacity utilization, a notable improvement from 97% in the previous quarter.
  • Petronet LNG Ltd (BOM:532522) achieved its highest-ever quarterly PBT of 1,520 crores, marking a 53% increase from the previous quarter.
  • The company's PAT grew by 55% from the previous quarter, reaching 1,142 crores.
  • The petrochemical project is progressing well, with major contracts awarded and environmental clearances in place.
Negative
  • The company had to reverse a provision of 63 crores due to higher volumes taken to settle UP obligations, impacting revenue.
  • There is uncertainty regarding the exact incremental volume brought in as part of the settlement, which affects financial clarity.
  • The CapEx plan for FY25 is substantial, with an estimated 3,500 crores, raising concerns about future financial strain.
  • The utilization levels of the Kochi terminal remain low at 25-30%, with full connectivity to the national gas grid not expected until March 2025.
  • The company faces challenges in securing long-term capacity bookings for the expanded terminal capacity, which could impact future utilization rates.
Operator

Ladies and gentlemen, good day, and welcome to Q1 FY25 earnings conference call of Petronet LNG Limited hosted by Nirmal Bang Institutional Equities Private Limited. (Operator Instructions)

Please note that this conference is being recorded. I now hand the conference over to Mr. S. Ramesh from Nirmal Bang Equities Private Limited. Thank you, and over to you sir.

S. Ramesh
Nirmal Bang Group - Investor Relations

Good morning, everyone. On behalf of Nirmal Bang Institutional Equities, I have great pleasure in making you all to this morning's conference call with the top management of Petronet LNG. Let me first congratulate the management on the results. And we have with us the Director, Finance, Mr. Vinod Kumar Mishra; Rakesh Chawla, Chief General Manager and President, Finance and Accounts; Gyanendra Kumar Sharma, Chief General Manager and President, Marketing; Vivek Mittal, Chief General Manager and Vice President, Marketing; Debabrata Satpathy, General Manager, Finance and Accounts; and (inaudible).

So over to you, Mr. Mishra-jji for your

Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2024 GuruFocus.com, LLC. All Rights Reserved.