Petronet LNG Limited has scheduled a post-results conference call for Q1 FY27, set for Thursday, August 13, 2026, at 05:30 PM IST, to discuss unaudited financial results for the quarter ended June 30, 2026. The call will be represented by senior management including Director (Finance) & CFO, Mr. Saurav Mitra, along with other key executives including Mr. Rakesh Chawla (Executive Director F&A), Mr. Gyanendra Kumar Sharma (GGM & President Marketing), Mr. Vivek Mittal (GGM & President Marketing), Mr. Debabrata Satpathy (CGM & Vice President F&A), and Mr. Vikash Maheswari (General Manager F&A). The company has also scheduled analyst/institutional investor meets in Singapore on August 17-18, 2026, and another meet on August 13, 2026. Participants can join via universal access numbers in India or international toll-free lines across Hong Kong, Singapore, USA, and UK. The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and communicated to stock exchanges on August 10, 2026. The call is being coordinated by Dolat Capital Market Private Limited.
Petronet LNG's Q1 FY27 performance showed mixed results with revenue declining 53.22% year-on-year to ₹5,557.84 crore from ₹11,879.86 crore in the previous quarter, while net profit surged 35.07% sequentially to ₹1,108.27 crore from ₹824.44 crore in Q1 FY26. According to latest reports, the company's operating profit margin (OPM) expanded significantly to 27.6% from 29.76% in the corresponding quarter last year, indicating improved operational efficiency despite lower topline performance. The sequential decline reflects the impact of geopolitical disruptions on the company's operations and supply chain, while the year-on-year comparison shows the recovery from previous quarter challenges. EPS for Q1 FY27 stood at ₹7.58 compared to ₹9.14 in March 2026, reflecting the impact of lower topline performance. EBITDA rose 26% year-on-year to ₹16.3 billion, helped by trading and inventory gains, though adjusted EBITDA stood at ₹11.4 billion, down 1% quarter-on-quarter and 3% below Nomura's estimate.
Petronet LNG is awaiting clarity from QatarEnergy on LNG cargo deliveries for September 2026 as shipping disruptions through the Strait of Hormuz continue to impact operations. As per Business Standard, QatarEnergy has extended force majeure until August and is yet to give Petronet LNG a definite plan for September supplies, affecting 56 contracted cargoes under their long-term agreement. QatarEnergy halted LNG production in early March after Iranian attacks on its Ras Laffan facilities and declared force majeure on LNG supplies. Under the current deal, QatarEnergy can supply these cargoes by April 2028, the expiration date of the current agreement. Qatar is India's largest LNG supplier, accounting for almost 50% of the country's total imports prior to the conflict, and India is now importing LNG from the US, Oman, Nigeria, and other countries that bypass the troubled Strait of Hormuz to meet domestic demand. Regasification volumes fell around 6% year-on-year due to the full-quarter impact of Qatar Gas's force majeure, though most of the decline was offset by tolling volumes procured from other geographies.
Management highlighted potential for higher-than-usual trading gains on spot volumes sourced during periods of highly volatile LNG prices, indicating strategic opportunities in current market conditions. Nomura expects "full volume recovery from Q4FY27" as Qatar Energy's force majeure is likely to be lifted sometime in Q3FY27, representing a significant improvement in the company's operational outlook. The brokerage noted that "offtakers' ability to source LNG volumes from non-Middle East locations within a short period has meaningfully de-risked its business model from gas supply disruptions". Adjusted PAT came in at ₹8.4 billion, up 4% quarter-on-quarter but down 9% year-on-year and 3% below Nomura's estimate. Regas volumes fell around 5% quarter-on-quarter and 6% year-on-year, with most of the decline offset by tolling volumes procured from other geographies.
Petronet LNG is entering a "significantly capex-intensive phase" with investments of around ₹90 billion each in FY27 and FY28 for the Dahej petchem plant and Gopalpur LNG terminal. According to Moneycontrol, Nomura expects FCF to turn negative at ₹41-43 billion annually and net debt to reach ₹18 billion by FY29F, from net cash of over ₹100 billion at end-FY26. However, the brokerage is "not concerned given strong operating cash flows of ₹45-50 billion annually" and expects dividend payout of 38-39%, or around 4% dividend yield, to continue. Nomura raised FY27F/FY28F EBITDA estimates by 3%/1% on higher utilisation expectations, while retaining its DCF-based target price of ₹345 and 'Buy' rating. The company maintains a consistent dividend history with a final dividend of ₹3.00 per share (30%) announced on May 4, 2026, and a bonus issue with 1:1 ratio announced on May 9, 2017.
