RIL Q1FY15 ESTIMATES

RIL Q1FY15 ESTIMATES

By Research Desk
about 12 years ago

 

By SP Tulsian

 

Reliance Industries Ltd. (RIL) will declare its Q1 FY15 (quarter ended 30th June, 2014) results on 19th July, 2014.

Our estimates are as under:

 

( Rs./Crore)

Particulars

Q1 ending     30-06-14

Q4 ending  31-03-14

Segment Revenue

 

 
  1. Petrochem

24,810

24,343
  1. Refinery

89,310

87,624
  1. Oil & Gas

1,430

1,417
  1. Others

350

394

Gross Turnover

1,15,900

1,13,778

Less: Inter Segment

16,200

15,971

 

99,700

97,807

Less: Excise Duty

2,670

2,614

Net Turnover

97,030

95,193

 

 

 

EBIT Margins

 

 

1. Petrochem (8.50%)

2,110

2,096

2. Refinery (4.20%)

3,740

3,954

3. Oil & Gas (26.60%)

380

378

4. Others

170

199

PBIT

6,400

6,627

Less: Interest Expenses

-800

-799

Add: Interest Income

1,410

1,446

Less: Other Unallocated Income

10

19

PBT

7,020

7,293

Less: Provision for Tax @20.90%

-1,465

-1,526

Less: Deferred Tax

-95

-136

Profit After Tax

5,460

5,631

EPS

'16.90

'17.10

*Figures in brackets indicates % margin for Q1FY15.

 

Notes:

  1. GRM for June 2015 quarter is estimated at $ 8.70 per barrel against $ 9.30 in Q4FY14.
  2. EPS for FY15 is likely to be at Rs.72.
  3. Singapore GRM in Q1 FY15 was at $ 5.90 while it was at $ 6.30 in Q4 of FY14.