Petronet LNG Ltd
PETRONETPetronet LNG Ltd is coiled. The quarters are improving, yet the P/E sits at the 18th percentile of its own 10-year range — the business is moving before the market.
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk.
The price is building a base (7 weeks in) while the P/E sits at the 18th percentile of its own 10-year range. Underneath, the last four quarters read improving — profit +35.0% year on year, and 122% of the last 3 years' profit arrived as cash. What settles it: the next one or two quarters of delivery.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Petronet LNG Ltd trades at ₹287, building a base and 7 weeks into that stage. That is +1.7% against its own 200-day average. It sits at 53% of a 52-week range of ₹246 to ₹323. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week.
Today the stock is building a base — week 7 of stage 1, confirmed. At ₹287 it trades +1.7% versus its 200-day average and sits at 53% of its 52-week range (₹246–₹323).
Against the market, two honest reads. Cumulative: over the last 10.5 years the stock moved +147% while the NIFTY 500 moved +273% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 1 straight week — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Petronet LNG Ltd trades at 10.2× P/E, near the bottom of its own range — cheaper only 18% of the time. Its long-run median P/E is 12.7×, measured across 10.0 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 10.2× is near the bottom of its own range — cheaper only 18% of the time, against a long-run median of 12.7× measured over 10.0 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −1.5% against a +3.3% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the +4.4%/yr price move, ~+6.4%/yr came from earnings growth and ~−2.0 pp from the multiple (compressing); over 10y, of the +5.1%/yr price move, ~+17.3%/yr came from earnings growth and ~−12.2 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, Petronet LNG Ltd was paying for profit growth of about 3.0% a year. Profit itself has compounded 15.5% a year over the past 10 years. Today the market pays 10.2× P/E, the 18th percentile of its own 10-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: Mixed Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Petronet LNG Ltd reads as mixed on its fundamental arc. Mixed — eps growth is rising at +13.5% while revenue growth is falling at −24.8% — the curves disagree, so the per-curve reads carry the story. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: when the curves disagree, the per-curve reads above matter more than any single verdict.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −14.7% | −10.1% | +10.8% | +4.8% |
| Profit | −1.5% | +5.6% | +5.9% | +15.5% |
| EPS | −1.5% | +5.6% | +5.9% | +15.5% |
| Share price | +3.3% | +4.7% | +4.4% | +5.1% |
4-Factor Sector Score
73.9/100 — rank 1 of 7 in Gas Distribution · 100% evidence confidence
Petronet LNG Ltd scores 73.9 out of 100 against the 7 companies it is compared with in Gas Distribution, ranking 1. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 22.8 + 20.3 + 13.5 + 17.3 = 73.9. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Petronet LNG Ltd reported ₹5,558 Cr of revenue in the Jun 26 quarter, −53.2% year on year. Over 10 years it has compounded at 4.8% a year. The last full year, FY26, came in at ₹43,495 Cr. The last four reported quarters add to ₹37,173 Cr.
FY26 revenue came in at ₹43,495 Cr (−14.7% on the year), capping 10 years at 4.8% compound. The latest quarter (Jun 26) printed ₹5,558 Cr, −53.2% year on year.
Pace check: the last four quarters averaged −25.2% growth against the decade's 4.8% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −24.8% over the last 4 quarters against −17.4%/yr over the last 8 — rolling over; TTM profit +13.4% vs +3.4%/yr — accelerating.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Petronet LNG Ltd's operating margin is 28.0% in the Jun 26 quarter, +18.0 percentage points against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 3.8% to 18.0%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 28.0%, +18.0 pp against the same quarter a year ago. Across 12 fiscal years the operating margin has ranged 3.8%–18.0%.
Why the margin moved: operating margin went +17.9 pp year on year while gross margin went +20.9 pp — the gain came mostly from the gross line: input costs and pricing.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Petronet LNG Ltd earned ₹1,137 Cr of net profit in the Jun 26 quarter, +35.0% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹3,913 Cr. The 10-year compound rate is 15.5%. That is 20.5% of the quarter's revenue. The same quarter a year earlier earned ₹842 Cr.
Jun 26 profit was ₹1,137 Cr, +35.0% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹3,913 Cr (−1.5%), and the 10-year compound rate is 15.5%.
Why profit moved: revenue contributed −53.2% and the margin +18.0 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +13.0% vs revenue −25.2%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 122% of Petronet LNG Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹4,750 Cr of operating cash against ₹3,913 Cr of profit. After ₹1,905 Cr of capital spending, ₹2,845 Cr was left as free cash.
FY26: operating cash of ₹4,750 Cr against reported profit of ₹3,913 Cr, leaving free cash of ₹2,845 Cr after ₹1,905 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 122% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 122%: the cash cycle held roughly steady between FY21 and FY26 — so conversion tracks profitability rather than the cycle.
Router verdict: the bigger cash user is investment — capital spending ran 1.7× depreciation over three years, so the next section's job is to check what that build-out is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Petronet LNG Ltd's cash conversion cycle runs 11 days in FY26, down from 14 days in FY21. Capital spending ran ₹4,050 Cr over the last 3 years. At FY26 sales of ₹43,495 Cr each day of that cycle holds about ₹119 Cr, so roughly ₹1,311 Cr sits inside the business at any moment.
FY26: debtors at 9 days, inventory at 9 days — roughly 0.3 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 11 days, tighter than FY21's 14.
The full loop: cash goes out to suppliers and production on day 0; stock waits 9 days to sell; customers pay about 9 days after that; and suppliers themselves are paid at 7 days — netting out to the 11-day cycle.
In money terms: at FY26 sales of ₹43,495 Cr, each day of the cycle holds about ₹119 Cr — so the 11-day loop keeps roughly ₹1,311 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹4,050 Cr over the last 3 fiscal years against ₹2,421 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹2,497 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Petronet LNG Ltd earns a ROCE of 23% in FY26. That is up from a trough of 15% in FY16. Return on invested capital clears the cost of that capital by +0.9 percentage points, so growth here adds value rather than only size. The wiring behind it is 9.0% net margin on 1.58× asset turns.
FY26 ROCE is 23%, recovered from a FY16 trough of 15% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 9.0% net margin × 1.58× asset turns × 1.23× balance-sheet leverage ≈ 17.5% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 12.9% − 12.0% = a +0.9 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Petronet LNG Ltd carries total debt of ₹2,341 Cr against shareholder equity of ₹22,285 Cr as of Mar 26, a debt-to-equity of 0.11 — effectively unlevered. On the annual view that ratio went from 0.25 in FY22 to 0.11 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹2,341 Cr against shareholder equity of ₹22,285 Cr — a debt-to-equity of 0.11. On the annual view, debt-to-equity went from 0.25 (FY22) to 0.11 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Petronet LNG Ltd moved a full percentage point over the last two years — the register is quiet. Foreign institutions moved +0.7 points over the same window, to 26.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +0.8 points over 8 quarters to 13.7%; Foreign institutions: +0.7 points over 8 quarters to 26.3%; Promoters: +0.0 points over 8 quarters to 50.0%.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Petronet LNG Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Petronet LNG Ltdthis pagePETRONET | 73.9/100Favorable setup100% evidence | BREAKING OUT | 22.8/35 Revenue -24.8% · PAT 13.4% · OPM change 18 pp 100% evidence | 20.3/25 ROCE 22.6% · OPM 28% 100% evidence | 13.5/20 P/E 10.2× · PEG 1.3 100% evidence | 17.3/20 RS sector 7.8% · RS bench 4% · 1Y 5.1%2 of 12 weeks ahead 100% evidence |
| Exact sum: 22.8 + 20.3 + 13.5 + 17.3 = 73.9 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2GAIL (India) LtdGAIL | 55.0/100Mixed-positive evidence100% evidence | BREAKING OUT | 16.8/35 Revenue 3.5% · PAT -15.4% · OPM change 7 pp 100% evidence | 10.1/25 ROCE 9.7% · OPM 17% 100% evidence | 9.2/20 P/E 11.6× · PEG 1.79 100% evidence | 18.9/20 RS sector 8.3% · RS bench 4.4% · 1Y -0.2%5 of 12 weeks ahead 100% evidence |
| Exact sum: 16.8 + 10.1 + 9.2 + 18.9 = 55 · Decision use: Price leads the evidence: RS versus the benchmark is 4.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 3Indraprastha Gas LtdIGL | 47.6/100Mixed-negative evidence100% evidence | ASLEEP | 12.7/35 Revenue 9.9% · PAT -18.4% · OPM change -7 pp 100% evidence | 12.5/25 ROCE 17.5% · OPM 6% 100% evidence | 15.5/20 P/E 15.6× · PEG 1.26 100% evidence | 6.9/20 RS sector -8% · RS bench -11.6% · 1Y -28.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 12.7 + 12.5 + 15.5 + 6.9 = 47.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 4Adani Total Gas LtdATGL | 46.8/100Mixed-negative evidence87% evidence | ASLEEP | 17.4/35 Revenue 19.8% · PAT -2.5% · OPM change -6 pp 100% evidence | 11.3/25 ROCE 15.3% · OPM 15% 100% evidence | 3.5/20 P/E 103× · PEG 8.42 65% evidence | 14.6/20 RS sector 10.5% · RS bench -2.3% · 1Y 0.7%3 of 11 weeks ahead 70% evidence |
| Exact sum: 17.4 + 11.3 + 3.5 + 14.6 = 46.8 · Decision use: Price leads the evidence: RS versus the benchmark is -2.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 5Gujarat Gas LtdGUJGASLTD | 44.0/100Mixed-negative evidence83% evidence | 17.3/35 Revenue 3.7% · PAT -10.6% · OPM change 0 pp 83% evidence | 14.8/25 ROCE 18.5% · OPM 11% 95% evidence | 11.4/20 P/E 18.6× · PEG — 50% evidence | 0.5/20 RS sector -12.2% · RS bench -12.9% · 1Y -18.7%0 of 1 week ahead to 2026-06-28 100% evidence | |
| Exact sum: 17.3 + 14.8 + 11.4 + 0.5 = 44 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Gujarat State Petronet LtdGSPL | 39.5/100Mixed-negative evidence73% evidence | 13.1/35 Revenue -7.5% · PAT -18.6% · OPM change 3 pp 56% evidence | 9.8/25 ROCE 15.2% · OPM 16% 75% evidence | 10.6/20 P/E 14.4× · PEG 1.27 100% evidence | 6.0/20 RS sector -4.7% · RS bench -16.3% · 1Y -21.8%2 of 12 weeks ahead to 2026-03-29 70% evidence | |
| Exact sum: 13.1 + 9.8 + 10.6 + 6 = 39.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7Mahanagar Gas LtdMGL | 38.9/100Mixed-negative evidence94% evidence | TURNING | 7.7/35 Revenue 11.1% · PAT -33.4% · OPM change -10 pp 100% evidence | 12.6/25 ROCE 17% · OPM 14% 100% evidence | 11.7/20 P/E 15× · PEG 0.3 100% evidence | 6.9/20 RS sector -5.6% · RS bench -3.4% · 1Y -15.4%1 of 10 weeks ahead 70% evidence |
| Exact sum: 7.7 + 12.6 + 11.7 + 6.9 = 38.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Petronet LNG Ltd's share price today?
Petronet LNG Ltd trades at ₹287, +3.3% over the past year. The company is valued at ₹43,080 Cr. The stock sits at 53% of its 52-week range of ₹246–₹323, +1.7% versus its 200-day average. On the tape, the price is building a base, 7 weeks in. — as of 11 September 2026.
What were Petronet LNG Ltd's latest quarterly results?
Petronet LNG Ltd reported revenue of ₹5,558 Cr and net profit of ₹1,137 Cr for the Jun 26 quarter. Revenue fell 53.2% and profit rose 35.0% year on year. Earnings per share were ₹7.58. The operating margin was 28.0%, 18.0 pp higher than a year earlier. — as of 11 September 2026.
What is Petronet LNG Ltd's revenue?
Petronet LNG Ltd reported revenue of ₹5,558 Cr in the Jun 26 quarter, −53.2% year on year. For the full FY26 fiscal year, revenue was ₹43,495 Cr (−14.7%). Over the last 10 years revenue compounded at 4.8% a year. — as of 11 September 2026.
What is Petronet LNG Ltd's profit?
Petronet LNG Ltd earned ₹1,137 Cr of net profit in the Jun 26 quarter, +35.0% year on year — the 2nd straight quarter of growth. Full-year FY26 profit was ₹3,913 Cr. The operating margin ran 28.0% in the latest quarter. — as of 11 September 2026.
What is Petronet LNG Ltd's market cap?
Petronet LNG Ltd's market capitalisation is ₹43,080 Cr at a share price of ₹287. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is Petronet LNG Ltd's P/E ratio?
Petronet LNG Ltd trades at a P/E of 10.2×, at the 18th percentile of its own 10-year range, against a long-run median of 12.7×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does Petronet LNG Ltd pay a dividend?
Yes — Petronet LNG Ltd's dividend payout was 38% of profit in FY26, and it recorded a payout in each of its last 12 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 11 September 2026.
Is Petronet LNG Ltd overvalued?
On its own history, Petronet LNG Ltd looks cheap: its P/E of 10.2× has been cheaper only 18% of the time in 10 years (long-run median 12.7×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is Petronet LNG Ltd growing?
Yes — Petronet LNG Ltd is growing: latest-quarter revenue −53.2% year on year, profit +35.0%, and the margin +18.0 pp at 28.0%. The 10-year compound rates are 4.8% (revenue) and 15.5% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is Petronet LNG Ltd performing?
Petronet LNG Ltd is building a base, 7 weeks in. Its latest quarter's revenue fell 53.2% and profit rose 35.0% year on year. Against the NIFTY 500 it has been ahead on a trailing-13-week view for 1 week. This describes what the data did, not a rating. — as of 11 September 2026.
What stage is Petronet LNG Ltd in?
Mixed — eps growth is rising at +13.5% while revenue growth is falling at −24.8% — the curves disagree, so the per-curve reads carry the story. The read comes from the last 12 quarters of growth (revenue growth −24.8% latest, profit growth +13.4% latest, eps growth +13.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 11 September 2026.
Is Petronet LNG Ltd in an uptrend?
No — the price is building a base (week 7 of stage 1), trading +1.7% versus its 200-day average and at 53% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is Petronet LNG Ltd beating the market?
On recent form, yes — Petronet LNG Ltd has been ahead of the NIFTY 500 on a trailing-13-week view for 1 straight week, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.5 years the stock moved +147% against the NIFTY 500's +273% — behind the index over the full window. — as of 11 September 2026.
Will Petronet LNG Ltd's share price go up?
This page publishes no price forecast for Petronet LNG Ltd. What it measures instead: the share price is ₹287, the price is building a base 7 weeks in. Its P/E of 10.2× sits at the 18th percentile of its own 10-year range. — as of 11 September 2026.
Who owns Petronet LNG Ltd?
Promoters hold 50.0% of Petronet LNG Ltd, foreign institutions 26.3%, domestic institutions 13.7% and the public 10.1% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 11 September 2026.
Does Petronet LNG Ltd have too much debt?
No — Petronet LNG Ltd's debt-to-equity is 0.11, and operating profit covers the interest bill 23×. FY26 borrowings were ₹2,341 Cr against equity of ₹22,285 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.
What is Petronet LNG Ltd's capex?
Petronet LNG Ltd spent ₹4,050 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹1,905 Cr, with ₹2,497 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is Petronet LNG Ltd's cash flow?
Petronet LNG Ltd generated ₹4,750 Cr of operating cash flow in FY26 and ₹2,845 Cr of free cash flow after ₹1,905 Cr of capital spending. Reported profit that year was ₹3,913 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is Petronet LNG Ltd's profit real cash?
Yes — over the last 3 fiscal years, 122% of Petronet LNG Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹4,750 Cr against reported profit of ₹3,913 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is Petronet LNG Ltd in its business cycle?
Petronet LNG Ltd's FY26 operating margin was 12.0%, against a 12-year band of 3.8%–18.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 28.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does Petronet LNG Ltd's price assume?
At its price on 13 June 2026, Petronet LNG Ltd was priced for profit growth of about 3.0% a year. Profit itself has compounded 15.5% a year over the past 10 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the Petronet LNG Ltd story?
Biggest watch item: the price is not yet in a confirmed uptrend — timing risk, not thesis risk. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is Petronet LNG Ltd a stock worth studying right now?
This is not investment advice. The machine read: Petronet LNG Ltd is coiled. The quarters are improving, yet the P/E sits at the 18th percentile of its own 10-year range — the business is moving before the market. The sharpest open question: the next one or two quarters of delivery. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!