- For the 4th quarter, Gujarat Petronet reported a net income of 2.61 billion rupees, a 17% increase from the previous year. However, this fell short of the estimated 2.76 billion rupees.
- The company’s revenue saw a 14% year-on-year increase, reaching 5.06 billion rupees, surpassing the estimated 5.02 billion rupees.
- Total costs were significantly lower than previous years at 1.79 billion rupees, marking a 9.6% decrease.
- Finance cost spiked by 87% from the previous year, reaching 18.9 million rupees, almost double the estimate of 9.81 million rupees.
- Other income decreased by 38% year-on-year, totalling 296.2 million rupees.
- Gujarat Petronet announced a dividend per share of 5 rupees.
- Market sentiment is mixed with 8 buys, 4 holds, and 13 sells reported.
- All comparisons are based on the values reported by the company in their original disclosures.
A look at Petronet LNG Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts assessing Petronet LNG‘s long-term outlook through the Smartkarma Smart Scores view the company favorably. With strong scores in Dividend, Resilience, and Momentum, Petronet LNG is positioned well for future growth and stability in the liquefied natural gas industry. The company’s strategic partnerships and presence in key regions like Gujarat and Kerala provide a solid foundation for continued success.
Formed by the Government of India, Petronet LNG has established itself as a key player in importing LNG. With significant backing from major entities such as GAIL, ONGC, IOC, BPCL, and strategic partner GAZ de France, the company has a robust support system for its operations. This, combined with its solid performance across key metrics, indicates a positive long-term trajectory for Petronet LNG.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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