Petronet LNG Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

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Total Traded Value

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Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
13
TTM PE Ratio
Low in industry
14.3
Price to Book Ratio
Below industry Median
3
Dividend yield 1yr %
Market Runner Up
3.7
TTM PEG Ratio
PEG TTM is much higher than 1
1.5
RSI
RSI is mid-range
68.2
MFI
MFI is mid-range
69.6

Petronet LNG Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Petronet LNG Ltd shareholding Pattern

Promoter
50%
Foreign Institutions
26.2%
Mutual Funds
10.5%
Domestic Institutions
11.4%
Public
12.4%
Promoter
50%
Foreign Institutions
26.8%
Mutual Funds
9.9%
Domestic Institutions
11%
Public
12.2%
Promoter
50%
Foreign Institutions
33.3%
Mutual Funds
4.8%
Domestic Institutions
5.9%
Public
10.8%
Promoter
50%
Foreign Institutions
34.3%
Mutual Funds
3.4%
Domestic Institutions
5%
Public
10.8%
Promoter
50%
Foreign Institutions
34.8%
Mutual Funds
3%
Domestic Institutions
4.6%
Public
10.7%
Promoter
50%
Foreign Institutions
34.8%
Mutual Funds
2.8%
Domestic Institutions
4.1%
Public
11%

Petronet LNG Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
344.80
10Day EMA
339.80
12Day EMA
338.10
20Day EMA
332.40
26Day EMA
328.90
50Day EMA
318.20
100Day EMA
300.80
200Day EMA
277.60
5Day SMA
343.00
10Day SMA
339.00
20Day SMA
330.60
30Day SMA
322.80
50Day SMA
315.30
100Day SMA
300.00
150Day SMA
280.50
200Day SMA
263.60
Delivery & Volume
Resistance & Support
351.87
Pivot
Resistance
First Resistance
355.28
Second Resistance
359.17
Third Resistance
362.58
Support
First Support
347.98
Second support
344.57
Third Support
340.68
Relative Strength Index
68.18
Money Flow Index
69.60
MACD
9.24
MACD Signal
7.96
Average True Range
9.52
Average Directional Index
22.51
Rate of Change (21)
8.49
Rate of Change (125)
53.08
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Petronet LNG Ltd Company background

Founded in: 1998
Managing director: Akshay Kumar Singh
Petronet LNG Limited, one of the fastest growing worldclass companies in the Indian energy sector, has set up the countrys first LNG receiving and regasification terminal at Dahej, Gujarat, and another terminal at Kochi, Kerala. While the Dahej Terminal has a nominal capacity of 17.5 MMTPA, the Kochi Terminal has a capacity of 5 MMTPA. Petronets Terminals today account for around 33% gas supplies in the country and handle around one third of LNG imports in India. Formed as a Joint Venture Company by the Government of India to import LNG and set up LNG terminals in the country, it involves Indias leading oil and natural gas industry players. The Company Promoters are GAIL (India) Limited (GAIL), Oil Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL).Petronet LNG was incorporated in 2nd April, 1998 to import LNG and set up LNG terminals in the country. The consortium led by Mitsui OSK Lines Limited of Japan received shipping time charter contract from the Company in the year 200203 for 2 LNG vessels of 1,38,000 cu.m capacity each. The construction of second LNG taker named Indhan commenced with the steel cutting in 6th May of the year 2003. The Company successfully commissioned Indias first LNG receiving and regasification terminal at Dahej in February of the year 2004. Asian Development Bank (ADB) acquired 5.2% equity stake in Petronet LNG in the year 2004, in the same year, the company inked debt syndication agreements with banks and financial institutions, got one year permit for inchartering LNG tanker and Came out with an Initial Public Offering (IPO. The Company had entered into Memorandum of Collaboration with IBP Company Ltd 24th August of the year 2004 for development of LNG distribution business through cryogenic technology under the concept of The Virtual Pipeline. During the year 200405, Petronet commenced activities for setting up LNG receiving and regasification terminal at Kochi of 2.5 MMTPA normal capacity, with provision of expansion to 5 MMTPA.The Company joined hands with IBP for LNG supply to Gujarat in the year 2005. During the year 2006, Petronet LNG Adani Group signed Joint Venture agreement for building Solid Cargo Port at Dahej. During the financial year 200607, 92 LNG cargoes were unloaded and 7427 MMSCM regasified LNG was supplied to the Offtakers. The facilities for loading of LNG in road tankers also installed at Dahej in the same year. The Company had entered into a Memorandum of Understanding with Gujarat Maritime Board in the identical year 200607 to develop a second LNG jetty / berth at Dahej. The Company had executed a term agreement in July of the year 2007 at Doha with Rasgas, Qatar for supply of about 1.25 MMT quantity of LNG. During the year 200708, 101 LNG cargoes were unloaded and 321.95 mmbtu of regasified LNG was supplied to the Offtakers. As at February 2008, Petronet LNG awarded a USD 250 million contracts to a consortium led by Japans IshikawajimaHarima Heavy Industries for building two liquefied natural gas storage tanks at Kochi. On 10 August 2009, Petronet LNG Ltd and an Australian subsidiary of Exxon Mobil Corporation signed a sales and purchase agreement (SPA) for the long term supply of liquefied natural gas (LNG) from the proposed Gorgon LNG Project in Australia. The SPA is for the supply of approximately 1.5 mtpa (million tonnes per annum) of ExxonMobils share of LNG from the Gorgon LNG Project over a 20year term. LNG cargoes will be delivered to a new terminal under construction at Kochi in southern India. The Gorgon LNG Project, in which the ExxonMobil subsidiary holds a 25 percent share, will include three 5 mtpa LNG processing trains. A final investment decision is anticipated later his year.On 30 May 2011, Petronet LNG Limited (Petronet) and Gazprom Global LNG (GGLNG), through its Singapore affiliate, Gazprom Marketing and Trading Singapore (GMTS), a 100% subsidiary of Gazprom Marketing Trading, concluded a memorandum of understanding for the long term supply of LNG. Under the terms of the agreement, Petronet will receive up to 2.5 million tonnes per annum of LNG from GMTS international supply portfolio for up to 25 years. This transaction illustrates the parties objective to develop a direct longterm relationship after GMTS successful delivery of a number of spot cargoes via third party arrangement in Petronets Dahej LNG terminal.On 14 November 2011, Petronet LNG Limited announced that the company has signed an agreement with GDF SUEZ extending along 2012 under which GDF SUEZ will sell Petronet about 0.6 million tons (9 cargoes) of liquefied natural gas (LNG). The cargoes will be from sources within GDF SUEZ LNG portfolio and will be delivered to Petronets Dahej LNG terminal in India. The signing of this short term deal with GDF SUEZ would help in minimizing the gas shortage the country is facing due to lower domestic gas production. GDF SUEZ is a major LNG player.The Board of Directors of Petronet LNG at its meeting held on 12 December 2011 approved the expansion of Dahej Terminal from 10 MMTPA to 15 MMTPA.On 2 May 2012, Petronet LNG Limited (PLL) and Gangavaram Port Limited (GPL) signed a firm and binding term sheet for developing a land based Liquified Natural Gas (LNG) Terminal at Gangavaram Port, Andhra Pradesh with a capacity of 5 Million Metric Tonnes Per Annum (MMTPA). The LNG Terminal at Gangavaram Port will comprise of facilities for receiving, storage and regasification of LNG and will be developed with an approximate investment of Rs 4500 crore. The Gangavaram LNG Terminal will help meet the growing energy demand of the State of Andhra Pradesh and will also cater to the increasing gas requirements of eastern and central part of India.On 6 January 2013, Petronet LNG Ltd (PLL) announced that M/s GSPC has booked a capacity of 2.25 MMTPA on a long term and firm basis in the Dahej terminal of Petronet LNG. Both the companies also agreed on various other initiatives which include connecting the proposed Gangavaram terminal of PLL with the MallavaramBhilwara pipeline being built by a consortium led by GSPL as also cooperating in the area of supplying LNG through CNG route to cater to the demands of the transport sector in Gujarat.On 25 April 2013, Petronet LNG Ltd announced that it has executed a preliminary conditional agreement with United LNG (a US based firm) for supply of around 4 MMTPA of LNG for supply for 20 years through the Main Pass Energy Hub, which is been jointly developed by United LNG and Freeport McMoRan Energy. The binding LNG SPA is yet to be executed and is expected by the end of this year.On 20 August 2013, Petronet LNGs LNG terminal at Kochi in Kerala received its first LNG cargo. Petronet LNG commissioned its LNG terminal at Kochi in Kerala in September 2013 with the nameplate capacity of 5 mmtpa. During the financial year ended 31 March 2015, Petronet LNG commissioned the Second Jetty at Dahej LNG Terminal. During the year under review, the Kochi LNG Teminal performed gasup and cooldown services for a warm LNG Vessel. The Kochi LNG terminal also provided bunker fuel to a Vessel. During the year under review, Petronet LNG refinanced its entire Rupee Debt through placement of Bonds in the domestic markets. In late December 2014, Petronet LNG announced the arrival of its 1000th cargo under its long term contract with RasGas at Dahej LNG Terminal from RasLaffan, Qatar. The Cargo loaded on Petronets first vessel Disha on 22 December 2014 and arrived at Dahej on 26 December 2014.On 20 October 2015, Petronet LNG Limited and Torrent Power Limited executed Long term Capacity Booking Agreement for 1 MMTPA from Dahej terminal for a period of 20 years starting in 2017.A new sale and purchase agreement (SPA) for supply of an additional 1 MTA of LNG to Petronet LNG from RasGas Company Limited, Qatar started in January 2016. RasGas Company Limited, Qatar and Petronet LNG Limited entered into a binding sale and purchase agreement (SPA) for supply of an additional 1 MTA of LNG to India starting in 2016 for onward sale to four Indian entities, i.e. Indian Oil Corporation Ltd., Bharat Petroleum Corporation Ltd., GAIL (India) Ltd. and Gujarat State Petroleum Corporation. On 31 December 2015, RasGas and Petronet LNG Limited entered into a binding agreement to adjust some aspects of their existing long term LNG SPA of 7.5 MTA, signed by the parties in 1999, which laid the foundation for the LNG business in India. As per such agreement, LNG volumes not taken by Petronet from RasGas during 2015 will be taken and paid for by Petronet during the remaining term of the SPA and will maintain its current level of oil indexation with the oil index more closely reflecting the prevailing oil prices. RasGas is one of the main suppliers of LNG into India and has been supplying Petronet since 2004.In July2016, Petronet LNG awarded EPC contract for LNG Regasification facility under further expansion of Dahej LNG terminal from 15 MMTPA to 17.50 MMTPA.On 12 August 2016, Petronet LNG announced commissioning of part facilities, i.e. Regasification facility, of the expansion of Dahej LNG terminal from 10 to 15 MMTPA. As such the additional gas sendout from Dahej LNG terminal has commenced. On 17 October 2016, Petronet LNG announced full commissioning of facilities i.e. Regasification facility, of the expansion of Dahej LNG terminal from 10 to 15 MMTPA. On 9 March 2017, Petronet LNG informed the stock exchanges that it has received intimation from M/s GDF International, who is holding 10% equity share capital in the company, that it proposes to divest its entire shareholding in the company. In this connection, a communication has also been sent by M/s GDF International to each of the promoter stating that they proposed to offer to each of the promoter a first right of purchase/refusal in relation to the proposed sale of 10% Equity Shares in the company in the same proportion in which the promoter are holding equity shares in the company. The Board of Directors of Petronet LNG at its meeting held on 9 May 2017 recommended issue of bonus share(s) in the ratio of 1:1.On 6 September 2017, Petronet LNG announced that it will soon form a joint venture with Japanese and Sri Lankan companies to develop an LNG Terminal in Sri Lanka to provide regassified natural gas to various power plants, domestic and transport sectors in Sri Lanka. The capacity of the LNG Terminal will be decided upon the gas demand in Sri Lanka and is expected to be developed in 2 years after completion of initial formalities.During the financial year 202021, the Dahej Terminal handled 254 LNG Cargoes and supplied 849.23 TBTUs of RLNG, wherein supplies were 885.06 TBTUs of RLNG. 2852 LNG Road Tankers from Dahej Terminal and 376 LNG Road Tankers from Kochi Terminal were also loaded and dispatched. The utilization of Kochi Terminal increased during 202021 owing to commissioning of Mangalore section of GAILs Kochi Mangalore pipeline network for gas evacuation. 14 LNG Cargoes were handled at the Kochi Terminal during the financial year 202021. It commissioned Indias first LNG dispenser stations inside Dahej and Kochi LNG terminals and commissioned first commercially approved and registered LNG powered buses for employees movement. During the year 202122, Petronet LNG Singapore Pte. Ltd. was incorporated as a whollyowned subsidiary company of the Company effective on 7th March, 2022. Petronet Energy Limited (PEL), was incorporated as a wholly owned subsidiary of the Company on 26thFebruary, 2021.Dahej LNG Terminal having a name plate capacity of 17.5 MMTPA, operated at 77.8% capacity, achieving a throughput of 13.61 MMTPA during the FY 2022 23, which in terms of energy, is equivalent to 703.4 TBtus. Kochi Terminal having a name plate capacity of 5 MMTPA, operated at 0.93 MMTPA with a capacity utilisation of 18.6% during FY 202223.During the FY 202223, Company achieved two significant milestones of delivery of 100th LNG Cargo at Kochi LNG terminal on 3rd July 2022 and that of 3000th LNG Cargo at Dahej LNG terminal on 7th July 2022. The Company installed and commissioned an additional TLF skid at Kochi.
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Petronet LNG Ltd FAQs

The past 1-year return of Petronet LNG Ltd [PETRONET] share was 56.08. The Petronet LNG Ltd [PETRONET] share hit a 1-year low of Rs. 191.65 and a 1-year high of Rs. 355.75.

The Mutual Fund Shareholding was 10.49% at the end of .

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