Petronet LNG logo

Petronet LNG share price

NSE: PETRONETBSE: 532522GasMid Cap

Petronet LNG Limited · Face value ₹10 · Listed Mar 2004
Last close ₹296.00up ₹4.25 (1.46%)BSE ₹295.00

Share price at the NSE close on 27 Oct 2026. Previous close ₹291.75.

27 Oct: open ₹291.10, high ₹296.00, low ₹288.10

52-week range of traded prices to 27 Oct 2026
₹235.35Low, 23 Mar 2026₹326.40High, 27 Feb 2026
Market cap
₹44,400 Cr214th largest listed
P/E
10.55
P/B
1.99
Dividend yield
3.38%
ROE
20.0%
ROCE
21.9%
Debt to equity
0.00
Volume, NSE
24,61,96972.1% delivered

Petronet LNG share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

+5.7%over a year · Nifty Oil & Gas −10.7% · Nifty 500 −8.8%

ResultsDividend20-session average 24,46,838 shares a day, 59.9% delivered

About Petronet LNG

Petronet LNG Limited imports liquefied natural gas (LNG), stores it and turns it back into gas at its terminals at Dahej in Gujarat and Kochi in Kerala.12 It sells this regasified LNG, and regasification services, to public sector companies, city gas distributors, refineries, petrochemical makers, power producers and other industrial users.13 It also loads LNG into road tankers for customers not connected to the gas grid.1

Regasified LNG sales made up 92.63% of its turnover in the year to Mar 2026, and it reports a single business segment, natural gas.45 It sells only in India, to customers in 19 states, and has no export operations.4 Its wholly owned subsidiaries include Petronet Energy Limited, formed for LNG bunkering (fuelling ships with LNG) and for gassing up and cooling down LNG ships, and Petronet LNG Singapore Pte. Ltd., formed to buy, sell and trade LNG, which had yet to start operations in the year to Mar 2026.67 It also holds 26.00% each of India LNG Transport Company (No. 4) Private Limited and Adani Petronet (Dahej) Port Limited, both joint ventures.8

It was incorporated in 1998 as a joint venture formed by the Government of India, and it set up the Dahej terminal.92 Its promoters, GAIL (India) Limited, Oil and Natural Gas Corporation Limited, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited, each hold 12.5% of its shares.210

Petronet LNG key points

Results

  • In the quarter to Jun 2026, consolidated profit before tax was ₹1,491 crore and profit after tax ₹1,137 crore, the highest for any April to June quarter.11
  • On a standalone basis, profit after tax for the quarter to Jun 2026 was ₹1,133 crore, up 33% from ₹851 crore a year earlier; profit before tax was ₹1,514 crore, against ₹1,136 crore.12
  • Regasification revenue for the quarter to Jun 2026 was ₹1,214 crore. The company said the quarter included trading gains (profit on spot LNG deals) of ₹301 crore and inventory gains (a higher value of LNG in stock) of ₹193 crore.1314
  • On a standalone basis, profit before tax for the year to Mar 2026 was ₹5,157.55 crore, against ₹5,275.18 crore a year earlier.15

Market position

  • The company holds 47.66% of India's existing LNG regasification capacity (for turning LNG back into gas) and handles around 67% of the country's LNG imports.16

Plants and capacity

  • Its LNG regasification capacity is 27.5 million tonnes a year (MMTPA), 5 MMTPA of it at Kochi.17
  • In the year to Mar 2026, before Dahej's enlarged capacity took effect, Dahej ran at 91.9% of capacity and Kochi at 26.3%, Kochi's highest ever.181920
  • In the quarter to Jun 2026, Dahej ran at 65.6% of its enlarged capacity and Kochi at 23.27%; overall terminal capacity use was 58%, against 76% a year earlier.2111

LNG supply contracts

  • Its first long-term contract, with QatarEnergy, is for 7.5 MMTPA over 25 years from 2004; GAIL, IOCL and BPCL buy the regasified LNG in the ratio 60:30:10.22
  • A second QatarEnergy agreement, signed on 6 Feb 2024, covers around 7.5 MMTPA delivered by the seller from 2028 till 2048.23
  • A 20-year contract with Mobil Australia Resources Company covers 1.425 MMTPA, mainly delivered at Kochi, and a 15-year contract with Exxon Mobil Asia Pacific about 1.2 MMTPA.24
  • On its earnings call of 13 Aug 2026, the company said QatarEnergy's force majeure (a supply halt beyond its control) was being declared month by month, and customers were bringing in more than two-thirds of the volumes missing from the Middle East.252627

Customers and partners

  • GAIL holds 2.5 MMTPA, IOCL 1.5 MMTPA and BPCL 1 MMTPA of long-term regasification capacity at Dahej until 2036, on a use-or-pay basis (paid for whether used or not).28
  • On 10 Jul 2025 it signed a 5.5-year agreement to regasify about 25.6 TBTU (trillion British thermal units) of LNG a year at Dahej for Performance Chemiserve Limited, a Deepak Fertilisers and Petrochemicals group company, until 31 Dec 2031.29
  • At 31 Mar 2026, receivables included ₹719.84 crore of use-or-pay dues from customers who used less capacity than they booked, against which ₹306.82 crore was provided; a recovery plan for the 2024 dues was approved on 9 Apr 2026.30

Expansion and capital spending

  • It is building a petrochemicals complex at Dahej: 750 KTPA of propane dehydrogenation (turning propane into propylene) and 500 KTPA of polypropylene (a plastic), with approved investment of ₹20,685 crore.3132
  • On its earnings call of 13 Aug 2026, the company said the petrochemicals project was about 40% complete, ₹472 crore was spent on it in the quarter to Jun 2026, and ₹9,064 crore of capital spending is budgeted for the year to Mar 2027.263334
  • A third jetty at Dahej for LNG, ethane and propane carriers, estimated at ₹2,013 crore, was about 70% complete at the end of July 2026, with completion targeted in the year to Mar 2028.35
  • In its exchange filing of 27 Jan 2026, the company said it is setting up a 5 MMTPA land-based LNG regasification terminal at Gopalpur, Odisha, on India's east coast.10

Recent events

  • On 22 Oct 2026 the company signed a binding term sheet with Gruner Renewable Energy Private Limited for a 50:50 joint venture to build 10 compressed biogas plants of 18 tonnes a day each, costing an estimated ₹1,200 crore.3637
  • In March 2026 the company completed the expansion of the Dahej terminal from 17.5 MMTPA to 22.5 MMTPA.38
  • On 2 Mar 2026, after Middle East conflict disrupted shipping through the Strait of Hormuz, the company issued a force majeure notice to QatarEnergy, which invoked force majeure on 4 Mar 2026.39
  • On 10 Dec 2025 the company signed a ₹12,000 crore secured term loan, ₹6,000 crore each from State Bank of India and Bank of Baroda, for the petrochemicals project and other capital spending.40

Litigation and regulatory matters

  • The company is challenging the Petroleum and Natural Gas Regulatory Board's LNG Terminal Registration Regulations, 2025 in the Delhi High Court; its annual report for the year to Mar 2026 says an interim injunction of July 2025 continues, and gives no outcome.41

Last updated

All 41 sources, each with its page
  1. 1. Annual report, 2 Sep 2026, page 196
  2. 2. Annual report, 2 Sep 2026, page 6
  3. 3. Annual report, 2 Sep 2026, page 373
  4. 4. Annual report, 2 Sep 2026, page 196
  5. 5. Annual report, 2 Sep 2026, page 400
  6. 6. Annual report, 2 Sep 2026, page 64
  7. 7. Annual report, 2 Sep 2026, page 424
  8. 8. Annual report, 2 Sep 2026, page 198
  9. 9. Annual report, 2 Sep 2026, page 366
  10. 10. Exchange filing, 27 Jan 2026, page 2
  11. 11. Earnings call, 13 Aug 2026, page 3
  12. 12. Earnings call, 13 Aug 2026, page 3
  13. 13. Earnings call, 13 Aug 2026, page 11
  14. 14. Earnings call, 13 Aug 2026, page 4
  15. 15. Annual report, 2 Sep 2026, page 286
  16. 16. Annual report, 2 Sep 2026, page 6
  17. 17. Annual report, 2 Sep 2026, page 6
  18. 18. Annual report, 2 Sep 2026, page 56
  19. 19. Annual report, 2 Sep 2026, page 57
  20. 20. Earnings call, 13 Aug 2026, page 3
  21. 21. Earnings call, 13 Aug 2026, page 5
  22. 22. Annual report, 2 Sep 2026, page 58
  23. 23. Annual report, 2 Sep 2026, page 58
  24. 24. Annual report, 2 Sep 2026, page 58
  25. 25. Earnings call, 13 Aug 2026, page 7
  26. 26. Earnings call, 13 Aug 2026, page 8
  27. 27. Earnings call, 13 Aug 2026, page 13
  28. 28. Annual report, 2 Sep 2026, page 45
  29. 29. Annual report, 2 Sep 2026, page 146
  30. 30. Annual report, 2 Sep 2026, page 386
  31. 31. Annual report, 2 Sep 2026, page 13
  32. 32. Exchange filing, 10 Dec 2025, page 1
  33. 33. Earnings call, 13 Aug 2026, page 11
  34. 34. Earnings call, 13 Aug 2026, page 5
  35. 35. Annual report, 2 Sep 2026, page 65
  36. 36. Exchange filing, 22 Oct 2026, page 1
  37. 37. Exchange filing, 17 Sep 2026, page 1
  38. 38. Annual report, 2 Sep 2026, page 144
  39. 39. Annual report, 2 Sep 2026, page 58
  40. 40. Exchange filing, 10 Dec 2025, page 1
  41. 41. Annual report, 2 Sep 2026, page 117

Results

Consolidated; ₹ crore.Petronet LNG quarterly results

Revenue growth, 12 months
−24.8%
Net profit growth, 12 months
+13.4%

Quarter to Jun 2026, against the quarter before

Revenue
₹5,558 Crdown 41.14%
Net profit
₹1,137 Crdown 17.04%
Net margin
20.5%

Revenue by quarter

₹13,024 CrSep 24₹12,227 CrDec 24₹12,316 CrMar 25₹11,880 CrJun 25₹11,009 CrSep 25₹11,164 CrDec 25₹9,442 CrMar 26₹5,558 CrJun 26
Peak revenue ₹13,024 Cr, quarter to Sep 2024; lowest ₹5,558 Cr, quarter to Jun 2026

Net profit by quarter, a loss in red

₹871 CrSep 24₹902 CrDec 24₹1,095 CrMar 25₹842 CrJun 25₹830 CrSep 25₹870 CrDec 25₹1,371 CrMar 26₹1,137 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue13,02412,22712,31611,88011,00911,1649,4425,558
Net profit8719021,0958428308701,3711,137
Net margin6.7%7.4%8.9%7.1%7.5%7.8%14.5%20.5%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Natural Gas Business, which carries all its revenue.

Valuation

Today, against the company's own history.Petronet LNG PE ratio and valuation

Price to earnings

At or below today's level on 19% of 2,354 trading days over the last 10 years.

LowestHighest
Its median12.87Industry median14.51
Price to book

At or below today's level on 12% of 1,847 trading days since May 2019.

LowestHighest
Its median2.50Industry median1.62
Dividend yield

At or below today's level on 35% of 2,478 trading days over the last 10 years.

LowestHighest
Its median3.70%Industry median1.74%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−11.4%−1.5%−14.1%4.0%
3 years+6.5%+4.1%−1.3%3.7%
5 years+6.3%+5.9%−3.6%4.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Petronet LNG shareholding pattern

Shareholding by group

  • Promoters50.00%
  • Foreign institutions25.98%
  • Indian institutions14.21%
  • Individuals and others9.81%
Holder
BHARAT PETROLEUM CORPORATION LTDPromoter12.50%
GAIL (INDIA) LIMITEDPromoter12.50%
INDIAN OIL CORPORATION LIMITEDPromoter12.50%
OIL AND NATURAL GAS CORPORATION LIMITEDPromoter12.50%
SEAFARER OVERSEAS GROWTH & INCOME FUNDForeign portfolio investors, category I1.17%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions −0.29 pts, Indian institutions +0.53 pts, mutual funds +0.56 pts.

Mutual fund holdings

151 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 84 of the 101 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 151 funds holding Petronet LNG

Bought for the first time
1
Bought again
4
Added
49
Cut
52
Held unchanged
44
Sold out
7
Fund
PPFAS Mutual Fund logoParag Parikh Flexi Cap FundPPFAS Mutual Fund3,03,88,7600.60%₹864.6 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund2,60,00,0001.39%₹739.7 Cr
SBI Mutual Fund logoSBI Energy Opportunities FundSBI Mutual Fund1,32,19,3204.72%₹376.1 Cr
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund1,29,91,9080.36%₹369.6 Cr
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund94,84,3150.60%₹269.8 Cr
DSP Mutual Fund logoDSP Large & Mid Cap FundDSP Mutual Fund76,82,7761.26%₹218.6 Cr
Bandhan Mutual Fund logoBandhan Large & Mid Cap FundBandhan Mutual Fund71,77,7670.99%₹204.2 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund50,00,0000.47%₹142.3 Cr
DSP Mutual Fund logoDSP Aggressive Hybrid FundDSP Mutual Fund49,90,3521.26%₹142.0 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv Flexi Cap FundBajaj Finserv Mutual Fund49,71,2421.66%₹141.4 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Petronet LNG competitors and peers

LPG/CNG/PNG/LNG Supplier, 8 listed companies, priced on 27 Oct 2026. The table lists the 7 companies closest to Petronet LNG in market cap.Oil and gas companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Adani Total Gas logoAdani Total GasATGL59,14292.1211.42+24.0%+2.6%13.3%12.5%0.05%
Gujarat Energy logoGujarat EnergyGUJENERGY19,954––+42.0%–––4.18%
Indraprastha Gas logoIndraprastha GasIGL19,53314.381.70+9.8%−18.5%12.3%9.5%3.40%
Mahanagar Gas logoMahanagar GasMGL10,38414.511.62+11.3%−33.1%11.6%13.5%2.85%
Confidence Petroleum India logoConfidence Petroleum IndiaCONFIPET2,30317.151.62+72.5%–9.8%11.5%0.14%
IRM Energy logoIRM EnergyIRMENERGY1,00013.671.00+12.0%+80.9%7.5%9.4%0.62%
Axiom Gas EngineeringAXIOMGAS126––––––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Petronet LNG dividend history

Dividend per share, ₹, restated for later splits and bonuses

2.5Mar 174.5Mar 1810Mar 1913Mar 2012Mar 2112Mar 2210Mar 2310Mar 2410Mar 2510Mar 26
Highest ₹12.50 a share, year to Mar 2020.
Ex-dateTypePer share
12 Jun 2026Final₹3.00
14 Nov 2025Interim₹7.00
4 Jul 2025Final₹3.00
8 Nov 2024Interim₹7.00
12 Jul 2024Final₹3.00
10 Nov 2023Interim₹7.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Petronet LNG announcements

  1. Oct 2026

Petronet LNG annual report, year to Mar 2026

Petronet LNG share price by year

Each calendar year to 2025.Petronet LNG share price history

YearClose at year endChangeHighest closeLowest close
2025284.10−17.9%347.60264.70
2024346.20+55.5%381.20225.60
2023222.65+3.3%250.20193.75
2022215.45−0.4%229.50190.95
2021216.40−12.6%270.55211.70
2020247.60−7.6%277.70175.65
2019267.95+19.5%288.25210.00
2018224.15−12.0%257.90203.05
2017254.75+38.7%273.15178.73
2016183.73+43.6%201.13116.43
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
26 Oct 2026282.80292.75282.05291.75288.8322,82,93147.1%
23 Oct 2026290.40292.00279.35286.30284.3027,77,89551.5%
22 Oct 2026292.90293.10288.50290.40290.5918,08,22450.0%
21 Oct 2026295.00299.20294.10295.00296.2835,50,83264.0%
19 Oct 2026291.35295.40291.05293.65293.3013,33,69862.7%
16 Oct 2026295.20295.20290.10293.00292.8516,60,56363.0%
15 Oct 2026292.95295.20290.85295.20294.1818,39,63068.1%
14 Oct 2026289.10295.05288.45292.95292.5226,76,51566.8%
13 Oct 2026288.65291.35288.15290.00289.3713,07,84257.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
3 Jul 2017Bonus0.5000Holders received 1 bonus share for every 1 held.
21 Jan 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Chairperson
Neeraj Mittal
At the end of the quarter to Jun 2026
Managing director and CEO
Akshay Kumar Singh
At the end of the quarter to Jun 2026
NSE symbol
PETRONET
BSE code
532522
ISIN
INE347G01014
Industry
Gas
CIN
L74899DL1998PLC093073
Corporate identity number, the registrar of companies' code for it
Incorporated
1998
Registered office
Fourth Floor, Tower-I, World Trade Centre, Nauroji Nagar, Barakhamba Lane, New Delhi 110029, Delhi
Share registrar
Bigshare Services Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments