Petronet LNG Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Petronet LNG Rs 297.50 (6 Oct 2026 close). 52-week range Rs 235.35 to Rs 326.40. Q1 FY27 profit Rs 1,133 cr, up 33%; Dahej utilisation 66%.

The Petronet LNG share price target for 2026 is Rs 279 to Rs 341 in the Univest base case, with the stock at Rs 297.50 at the 6 October 2026 close. That is 8.9 percent below its 52-week high of Rs 326.40 and 26.4 percent above its 52-week low of Rs 235.35, and the stock moved up 5.7 percent over the past year. Petronet LNG is India's largest LNG importer and runs the Dahej terminal in Gujarat and the Kochi terminal. Debt to equity is 0.11 and the dividend yield is 3.37 percent.

Three things changed since the last update: Dahej capacity rose to 22.5 MMTPA on 31 March, Q1 FY27 results on 12 August showed record profit, and QatarEnergy extended force majeure through August, affecting 56 contracted cargoes. This Petronet LNG stock analysis covers the Petronet LNG share price today, the Petronet LNG share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Petronet LNG buy or sell view.

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What Is the Petronet LNG Share Price Target for 2026?

The 2026 target for Petronet LNG shares is Rs 279 to Rs 341 in the Univest base case, which is -6.2% to +14.6% against the last close. The bull case is Rs 388 to Rs 444 and the bear case is Rs 154 to Rs 187. During the Middle East supply disruption, Morgan Stanley moved to Equal-weight with a target of Rs 276 and Nomura kept a Buy with a target of Rs 340, according to media reports; neither is a post-Q1 update. Analyst consensus is used as a cross-check, not as the base.

Petronet LNG Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 297.50
Bull Case	Rs 37	10.5x to 12x	388 to 444	+30.4% to +49.2%
Base Case	Rs 31	9x to 11x	279 to 341	-6.2% to +14.6%
Bear Case	Rs 22	7x to 8.5x	154 to 187	-48.2% to -37.1%

FY28 EPS of Rs 31 in the base case compares with trailing EPS of Rs 28.05 and assumes Qatar supply partly resumes with Dahej utilisation recovering and tolling income steady. Terminal operators trade at 9 to 11 times earnings, and the stock trades at about 9.6 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Petronet LNG share price target range around the current price.

Petronet LNG Company Overview and Share Price Today as of 6 October 2026

Petronet LNG share price today is Rs 297.50 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 44,565 crore, and the stock trades at 10.6 times earnings against an industry average of 14.4 times. The Univest base case Petronet LNG share price target of Rs 279 to Rs 341 is -6.2% to +14.6% from here. The table below sets out the key numbers behind the Petronet LNG share price target.

Parameter	Value	Context
NSE Ticker	PETRONET	BSE code 532522
Sector	LNG terminals	Per Univest sector classification
Last Close (NSE)	Rs 297.50	6 Oct 2026 close
52-Week High	Rs 326.40	CMP is 8.9% below
52-Week Low	Rs 235.35	CMP is 26.4% above
1-Year Return	About +6%	Weekly close Rs 281.45 on 10 Oct 2025 to Rs 297.5
Market Capitalisation	Rs 44,565 crore	Large cap LNG terminal operator
Trailing P/E	About 10.6x	Industry P/E about 14.39x
P/B Ratio	About 2.00x	Book value Rs 148.57 per share
EPS (TTM)	Rs 28.05	Trailing twelve months
Return on Equity	About 17.6%	Debt to equity 0.11
Dividend Yield	About 3.37%	Dividend paid yearly
12-Month Target (Base Case)	Rs 279 to Rs 341	Univest base case
Bull Case	Rs 388 to Rs 444	+30.4% to +49.2%
Bear Case	Rs 154 to Rs 187	-48.2% to -37.1%

Track live price, fundamentals and results for Petronet LNG on the Univest Screener.

How Did Petronet LNG Perform in Q1 FY27?

Petronet LNG reported Q1 FY27 standalone profit after tax of Rs 1,132.72 crore, up 33 percent, the highest for any first quarter, on standalone revenue of Rs 5,554 crore, down 53 percent from Rs 11,880 crore. Consolidated profit was Rs 1,108 crore. Together these Q1 FY27 numbers anchor the Petronet LNG share price target.

Metric	Q1 FY27	Context
Standalone Profit	Rs 1,132.72 crore	Up 33%; record first quarter
Standalone Revenue	Rs 5,554 crore	Down 53% on lower trading volume
LNG Processed	207 TBTU	Against 220 TBTU a year ago
Dahej Volume	192 TBTU	Against 207 TBTU a year ago
Dahej Utilisation	66%	On 22.5 MMTPA; 92% a year ago
Overall Utilisation	58%	Against 76% a year ago

Profit rose on trading and inventory gains tied to a wide gap between spot and long-term LNG prices. More than two-thirds of the missing Qatar volume was replaced by tolling cargoes from customers, and management expects utilisation to improve once Hormuz reopens. The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Petronet LNG share price target.

Why Is Petronet LNG Share Price Down 9 Percent From Its High?

Petronet LNG shares are about 9 percent below the Rs 326.40 high of the week of 23 February 2026. The stock fell about 10 percent in the week of 2 March on volume of 5.1 crore shares and another 10 percent in the week of 16 March as the Hormuz disruption hit Qatar supply.

It hit a 52-week low of Rs 235.35 in the week of 23 March, then recovered 26 percent as the company replaced part of the lost cargoes. It closed at Rs 297.50 and rose 4.5 percent in the week of 5 October. The Petronet LNG share price target scenarios below account for that move.

Key Catalysts for the Petronet LNG Share Price Target in 2026

4 catalysts matter most for the Petronet LNG share price target, and sector tailwinds in LNG terminals are part of the case. Together they decide whether the base case is reached.

1. Dahej Expansion

Dahej capacity rose from 17.5 to 22.5 MMTPA on 31 March 2026. Higher utilisation of the larger terminal would lift fee income. If it plays out, the Petronet LNG share price target moves toward the top of the base range.

2. Qatar Supply Resumption

QatarEnergy signed a new 8.5 MTPA deal with the company. Normal Hormuz shipping would lift volumes back toward past levels. Strength here would support the upper end of the Petronet LNG share price target.

3. Dividend Yield

The yield is about 3.4 percent with almost no debt. This supports the stock while volumes are low. Delivery on this point keeps the Petronet LNG share price target on track.

4. New Terminal Pipeline

The board approved a Rs 6,355 crore, 5 MMTPA terminal at Gopalpur in Odisha. FY27 capex is near Rs 9,000 crore. Better news here would lift the Petronet LNG share price target toward the bull case.

What Are the Key Risks to the Petronet LNG Share Price Target?

The main risks are Hormuz and Qatar supply, low utilisation, a fall in trading gains and heavy capex. Each can pull the Petronet LNG share price target lower.

Hormuz and Qatar Supply

QatarEnergy extended force majeure and 56 contracted cargoes were affected. A longer disruption would keep Dahej utilisation near 66 percent. If it materialises, the Petronet LNG share price target would slip toward the bear case.

Trading Gains Fade

Q1 profit got a lift from trading and inventory gains on a wide spot gap. These gains may not repeat if prices converge. This is the main downside risk to the Petronet LNG share price target.

Heavy Capex

FY27 capex is about Rs 9,000 crore and FY28 could be 10 percent higher. Delays would raise costs before volumes recover. A worsening here would cut the Petronet LNG share price target toward the low end of the range.

Earnings Reset

A bear case EPS of Rs 22 at 7 times would put the price near Rs 154. Watch it closely, because it can pull the Petronet LNG share price target lower quickly.

Petronet LNG Stock Analysis: Support and Resistance Levels for the Share Price Target

Petronet LNG stock analysis on weekly charts shows a range of Rs 278 to Rs 300 since mid-September, with the stock near the upper end.

The first support level is Rs 281.75 to Rs 286.50, the lows of the weeks of 28 September and 5 October. Below that, Rs 278.25 and Rs 280.30 mark the lows of the weeks of 14 and 21 September.

The first resistance level is Rs 299.50 to Rs 300.60, the highs of the weeks of 5 October and 31 August. Above that, Rs 326.40 is the 52-week high. These levels come from weekly price action, are not trade recommendations, and frame the near-term Petronet LNG share price target.

Petronet LNG Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Petronet LNG Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 282 and Rs 300. A close above Rs 300.60 would put the Rs 326 high in play, while a weekly close under Rs 281 would open Rs 278. The Q2 FY27 results and Hormuz news are the main triggers. This range anchors the near-term Petronet LNG share price target.

12-Month and 2027 Petronet LNG Share Price Target

The 12-month target price is Rs 279 to Rs 341, valued on 9 to 11 times FY28 EPS of Rs 31. The range across scenarios runs from Rs 154 in the bear case to Rs 444 in the bull case.

Long-Term Petronet LNG Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 324 to Rs 462. This assumes EPS of Rs 36 in FY29 and Rs 42 in FY30 and a multiple of 9 to 11 times. It needs Qatar supply through the Strait of Hormuz to resume, Dahej utilisation to recover toward 85 percent and the Gopalpur terminal to stay on schedule. This is the long-term Petronet LNG share price target in the Univest scenarios.

Bull Case and Bear Case for Petronet LNG Share Price Target

Bull Case Rs 388 to Rs 444

The bull case of Rs 388 to Rs 444 for the Petronet LNG share price target needs EPS of Rs 37 and the market to pay 10.5 to 12 times for it. It is +30.4% to +49.2% from the last close.

Bear Case Rs 154 to Rs 187

The bear case of Rs 154 to Rs 187 for the Petronet LNG share price target equals 7 to 8.5 times FY28 EPS of Rs 22 and sits below the Rs 235.35 low. It is -48.2% to -37.1% from the last close.

Is Petronet LNG a Good Buy at Rs 298? Petronet LNG Buy or Sell View

Whether Petronet LNG is a buy at Rs 297.50 depends on horizon and risk appetite. The base case sits between 6 percent below and 15 percent above the current price, the stock is 9 percent below its high, and the open question is Qatar supply. The Petronet LNG share price target range is the starting point for that decision.

Long-term holders may focus on Dahej utilisation, Qatar supply and the dividend, and treat Rs 278 as the level to watch. Short-term traders may prefer to wait for a close above Rs 300.60. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Petronet LNG buy or sell view is educational.

How to Invest in Petronet LNG Shares

Step 1: Check the live price, valuation and the latest Petronet LNG share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Petronet LNG share price target.

Step 3: Search for PETRONET on the NSE or 532522 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 154 is bearable.

Step 5: Track Qatar cargoes, Dahej utilisation and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Petronet LNG share price target.

Conclusion

Petronet LNG closed at Rs 297.50 against a Univest base case share price target of Rs 279 to Rs 341, a bull case of Rs 388 to Rs 444 and a bear case of Rs 154 to Rs 187. Q1 FY27 delivered record profit of Rs 1,133 crore with Dahej utilisation at 66 percent. The main risks are Hormuz supply, trading gains fading and capex.

The stock is 8.9 percent below its 52-week high, so the base case sits between 6 percent below and 15 percent above the current price. The triggers to watch are Qatar cargoes, Dahej utilisation and Q2 FY27 results and the Rs 282 and Rs 300 levels. Re-check the Petronet LNG share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Petronet LNG live price and get daily stock recommendations.

FAQs on Petronet LNG Share Price Target 2026

What is the Petronet LNG share price target for 2026?

Ans. The Petronet LNG share price target for 2026 is Rs 279 to Rs 341 in the Univest base case, with a bull case of Rs 388 to Rs 444 and a bear case of Rs 154 to Rs 187. During the Middle East supply disruption, Morgan Stanley moved to Equal-weight with a target of Rs 276 and Nomura kept a Buy with a target of Rs 340, according to media reports; neither is a post-Q1 update. These are estimates and can change after the Q2 FY27 results.

What is the Petronet LNG share price target for 2027?

Ans. The Petronet LNG share price target for 2027 is Rs 279 to Rs 341 in the base case, valued on 9 to 11 times FY28 EPS of Rs 31. The scenario range runs from Rs 154 to Rs 444.

Is Petronet LNG a good buy at Rs 297.50?

Ans. Whether Petronet LNG is a good buy at Rs 297.50 depends on your horizon, risk appetite and how you read the Petronet LNG share price target. Profit hit a record and the dividend yields 3.4 percent at 10.6 times earnings, but supply through Hormuz is uncertain and Q1 profit had trading gains. Consult a SEBI-registered advisor before investing.

What are the key risks to the Petronet LNG share price target?

Ans. The key risks to the Petronet LNG share price target are hormuz and qatar supply, trading gains fade, heavy capex and earnings reset. QatarEnergy extended force majeure and 56 contracted cargoes were affected. A longer disruption would keep Dahej utilisation near 66 percent.

What are the key catalysts for the Petronet LNG share price target?

Ans. The key catalysts for the Petronet LNG share price target are dahej expansion, qatar supply resumption, dividend yield and new terminal pipeline. Dahej capacity rose from 17.5 to 22.5 MMTPA on 31 March 2026. Higher utilisation of the larger terminal would lift fee income.

Where can I track Petronet LNG share price today and Petronet LNG share price target updates?

Ans. You can track the live Petronet LNG share price, results and any change to the Petronet LNG share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Petronet LNG's 52-week high and low?

Ans. Petronet LNG's 52-week high is Rs 326.40 and its 52-week low is Rs 235.35, based on weekly NSE data. At Rs 297.50 the stock is 8.9 percent below the high and 26.4 percent above the low. Both levels frame the Petronet LNG share price target.

How to buy Petronet LNG shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for PETRONET on the NSE or 532522 on the BSE, and place a limit order near your entry price, using the Petronet LNG share price target range as a guide. Size the position so a fall to Rs 154 is bearable, and check the live price on the Univest Screener first.