Gujarat State Petronet Q4 Review - Remains Poised For Growth Financial: Centrum Broking

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Centrum Broking Report.Gujarat State Petronet Ltd. reported volumes at 33.8 million metric standard cubic meter per day, slightly below our estimate- 35.5mmscmd, down 8% YoY/ down 14% QoQ. FY21 average volumes stand at 36.6mmscmd down 3.4% YoY implying the recovery seen in H2 FY21 (volumes declined 6% YoY in H1 FY21. Reported Ebitda/ profit after tax at Rs 3.44/2.07 Rs billion (down 3/down 8% YoY), in line with our estimate Ebitda/profit after tax of Rs 3.4/ Rs 2.04 billion. FY21 Ebitda/profit after tax at Rs 14.7/9.37 billion (down 6.7/down 2% YoY).Revenues of Rs 4.65 billion (down 22/down 20% YoY/QoQ), below our estimate Rs 5.27 billion due to lower than expected volumes. .Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Gujarat State Petronet Q4 Review - Remains Poised For Growth Financial: Centrum Broking

Gujarat State Petronet Q4 Review - Remains Poised For Growth Financial: Centrum Broking

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