Petronet LNG Limited engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India. Petronet LNG Limited was incorporated in 1998 and is based in New Delhi, India. It was formed to develop, design, construct, own, and operate Liquefied Natural Gas (LNG) Import and regasification terminals in India as a Joint Venture among GAIL, Indian Oil, Bharat Petroleum & ONGC, each holding 12.5% stake.
The company operates as India's largest LNG importer and has established itself as a critical player in the country's energy infrastructure. The company is in the business of transportation, storage, and regasification of LNG. It owns and operates 2 regasification terminals at Dahej (Gujarat) and Kochi (Kerala) with a combined capacity of 22.5 MMTPA. It accounts for 33% of gas supplies in the country and handles approximately 75% of LNG imports in India.
Petronet LNG owns and operates an LNG import and regasification terminal with a nameplate capacity of 17.5 MMTPA located in Dahej, Gujarat, and an LNG terminal with a nameplate capacity of 5 MMTPA located in Kochi, Kerala. Petronet LNG's Dahej terminal is being expanded from 17.5 to 22.5 million tonnes per annum, solidifying its position as the busiest LNG import terminal globally.
The company serves diverse clientele across multiple sectors, including oil and gas entities, gas aggregators, petrochemical entities, city gas distribution entities, refineries, fertilizer and power generating entities, and other industrial entities. Beyond its current operations, the company's upcoming terminal at Gopalpur port in Ganjam District, Odisha, will be connected to a major pipeline and the national gas grid before completion. Currently under construction with a capital expenditure of ₹2,300 Crore, Gopalpur will be the company's first terminal on the eastern coast. The expected timeline for commissioning is now three years later, in 2027.
The current market capitalization of Petronet LNG is $5.27 Billion. Petronet LNG Ltd has a market capitalization of ₹45,990 Crore. Promoter holding in Petronet LNG Ltd has remained stable at 50.00% as of March 2025 (unchanged from June 2024).
The company has demonstrated strong financial performance in recent quarters. Petronet LNG Ltd's net profit jumped 43.23% since the last year same period to ₹1,094.90 Crore in Q4 2024-2025. On a consolidated basis, Petronet LNG Ltd reported a profit of ₹1,067.58 Crore on a total income of ₹12,513.15 Crore for the quarter ended 2025. For the year ended 2024, Petronet LNG Ltd had posted a profit of ₹3,527.02 Crore on a total income of ₹52,729.33 Crore.
The company's quarterly performance has shown consistent profitability across different periods. India's largest liquefied natural gas (LNG) importer, Petronet LNG, registered a marginal 1.73% year-on-year rise in consolidated profit at ₹870.6 Crore for the second quarter (July–September) of FY25, up from ₹855.74 Crore in Q2 FY24. For the third quarter (October-December) of FY25, the company registered a 25.6% year-on-year decline in consolidated profit at ₹901.7 Crore, down from ₹1,212.9 Crore in Q3 FY24.
* Revenue (FY25): ₹50,980 Crore
* Net Profit (FY25): ₹3,926 Crore
* Q4 FY25 Revenue: ₹12,315.75 Crore
* Q4 FY25 Net Profit: ₹1,067.58 Crore
* 52-week High: ₹384.90
* 52-week Low: ₹269.90
The company's board declared an interim dividend of ₹7 for every equity share of ₹10 face value for the financial year 2024–25. Petronet LNG reports FY25 audited results with ₹3926 Crore PAT and recommends ₹3 final dividend per share.
The company continues to expand its operational capabilities and geographical reach. Petronet LNG reported the highest-ever half-yearly volume throughput in the first nine months of FY25 at 729 trillion British thermal units (tBtu) of LNG. Petronet's Dahej LNG terminal remains the largest single-location LNG storage and regasification terminal in the country, seeing 7% growth in throughput year-on-year.
The company is also exploring international opportunities. Petronet LNG is working on supplying two natural gas-based power plants in Sri Lanka. Petronet LNG will supply gas from its Kochi terminal to an existing gas-based power plant, which is dual-fuel-powered.
Analysts have set a Petronet LNG Ltd target price of ₹323.87, indicating a slight upside of 7.28% compared to the current price of ₹301.9, according to 31 analyst ratings. GAIL (India), Indraprastha Gas, Adani Total Gas, Mahanagar Gas, and Gujarat Gas are identified as competitors of Petronet LNG.
The company's strategic position in India's energy landscape makes it well-positioned to benefit from the country's growing energy demands. As India continues to shift towards cleaner energy sources, Petronet LNG's infrastructure and expertise in LNG handling position it as a key beneficiary of this transition. The company's dominant market share in LNG imports, combined with its expanding terminal capacity and strategic partnerships, provides a strong foundation for future growth.
With its robust financial performance, strategic expansion plans, and critical role in India's energy security, Petronet LNG represents a significant investment opportunity in the country's energy infrastructure sector.
