Petronet LNG (NSE:PETRONET) Operating Income: ₹47,997 Mil (TTM As of Jun. 2026)

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NSE:PETRONET Petronet LNG Ltd NSE:PETRONET
82 GF Score
Price ₹285.80
GF Value ₹228.63
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Petronet LNG Operating Income?

Petronet LNG NSE:PETRONET -1.77% 82 Operating Income is ₹47,997 Mil as of Jun. 2026. GuruFocus rates NSE:PETRONET with a GF Score™ of 82/100 and a GF Value™ of ₹228.63 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Petronet LNG's Operating Income for the three months ended in Jun. 2026 was ₹14,348 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₹47,997 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Petronet LNG's Operating Income for the three months ended in Jun. 2026 was ₹14,348 Mil. Petronet LNG's Revenue for the three months ended in Jun. 2026 was ₹55,578 Mil. Therefore, Petronet LNG's Operating Margin % for the quarter that ended in Jun. 2026 was 25.82%.

Warning Sign:

Petronet LNG Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.

Petronet LNG's 5-Year average Growth Rate for Operating Margin % was -4.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Petronet LNG's annualized ROC % for the quarter that ended in Jun. 2026 was 26.58%. Petronet LNG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 47.79%.


Petronet LNG  (NSE:PETRONET) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Petronet LNG's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=57392.8 * ( 1 - 25.66% )/( (160531.8 + 0)/ 1 )
=42665.80752/160531.8
=26.58 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=274400 - 14740.8 - ( 99127.4 - max(0, 22204.6 - 125906.4+99127.4))
=160531.8

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Petronet LNG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=61659.6/( ( (124401.6 + max(4619, 0)) + (0 + max(0, 0)) )/ 1 )
=61659.6/( ( 129020.6 + 0 )/ 1 )
=61659.6/129020.6
=47.79 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10394.1 + 9072 + 2568.9) - (14740.8 + 0 + 2675.2)
=4619

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Petronet LNG's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=14348.2/55578.4
=25.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Petronet LNG Operating Income Related Terms


Petronet LNG Operating Income Historical Data

* Premium members only.

The historical data trend for Petronet LNG's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Petronet LNG Operating Income Chart

Petronet LNG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45,762.50 43,453.90 45,000.60 49,612.90 48,202.60

Petronet LNG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,906.50 10,630.50 11,418.90 11,599.30 14,348.20
NSE:PETRONET
82GF Score
Petronet LNG Ltd NSE:PETRONET
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Petronet LNG Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹47,997 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of ₹47,997 Mil mean?
Petronet LNG (NSE:PETRONET) has a Operating Income of ₹47,997 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Petronet LNG and its competitors.
Is Petronet LNG's Operating Income too high?
Petronet LNG's current Operating Income is ₹47,997 Mil. Overall, Petronet LNG has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Petronet LNG's Operating Income compare to MPC and VLO?
Petronet LNG's Operating Income of ₹47,997 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Petronet LNG and its competitors. Petronet LNG's current Operating Income is ₹47,997 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronet LNG stock overvalued right now?
Based on GuruFocus' analysis, Petronet LNG (NSE:PETRONET) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹228.63, compared to a current price of ₹285.80 — trading 25% above its estimated fair value. The current Operating Income is ₹47,997 Mil. Petronet LNG's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Petronet LNG (NSE:PETRONET), the current Operating Income is ₹47,997 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Petronet LNG (NSE:PETRONET) Overvalued in 2026?

Based on GuruFocus' analysis, Petronet LNG stock appears to be overvalued. The current stock price of ₹285.80 is trading 25% above its estimated GF Value™ of ₹228.63. GuruFocus considers Petronet LNG to be Modestly Overvalued.

Key valuation signals for NSE:PETRONET:

  • Operating Income: ₹47,997 Mil
  • GF Value™: ₹228.63 vs. price of ₹285.80 (25% above fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the NSE:PETRONET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Petronet LNG Business Description

Industry EnergyOil & Gas
Other Exchanges 532522:India
Address Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001
Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.
82GF Score

Get the complete analysis for NSE:PETRONET

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹285.80
Price
₹228.63
GF Value