RIL Q2FY13 ESTIMATES

By Research Desk
about 12 years ago

By SP Tulsian

Reliance Industries Ltd. (RIL) will declare its Q2FY13 (quarter ended 30th September 2012) results on 15th October, 2012. Our estimates are as under:

(Amount in Rs./ Crore)

Particulars

Q2 ending 30-09-12

Quater end 30-06-12

Segment Revenue

 

 

1) Petrochem

22,240

21,839

2) Refinery

82,650

85,383

3) Oil & Gas

2,210

2,508

4) Others

250

248

Gross Turnover

107,350

109,978

Less: Inter Segment

14,850

15,052

 

92,500

94,926

Less: Excise Duty

3,000

3,051

Net Turnover

89,500

91,875

 

 

 

EBIT Margins

 

 

1) Petrochem (9.85%)*

2,190

1,756

2) Refinery (3.52%)*

2,910

2,151

3) Oil & Gas (35.10%)*

775

972

4) Others

0

1

PBIT

5,875

4,880

Less: Interest Expenses

(835)

(784)

Less: Other Unallocated Income

55

46

Add: Interest Income

1475

1,291

PBT

6,570

5,433

Less: Provision for Tax @20%

(1,315)

(1,082)

Less: Provision for Def. Tax

125

122

Profit After Tax

5,380

4,473

EPS

16.65

13.80

 

*Figures in brackets indicates % margin for Q2FY13

 

Notes:

 

  1. GRM for September 2012 quarter is estimated at $ 9.20 per barrel. ($ 7.60 in Q1 FY 13).

 

  1. Advance Tax paid by the company –

 

Installment date

Amount in Rs. crore

On 15-06-12

    768

On 15-09-12

  1,530

Total

  2,298

 

  1. 15% QoQ decline in D6 Gas.

 

  1. Diesel Hydrotreater unit of DTA, had 17 days planned maintenance shutdown.

 

  1. EPS for FY13 is likely to be around Rs. 63.

 

  1. Company raised $ 1 bn. in May 12 and $ 1.5 bn. in October 12.