RIL - Q1FY14 EARNINGS ESTIMATE
RIL Q1 FY14 ESTIMATES
By SP Tulsian
Reliance Industries Ltd. (RIL) will declare its Q1 FY14 (quarter ended 30th June, 2013) results on 19th July, 2013. Our estimates are as under:
( Rs./Crore)
| Particulars | Quarter ending 30-06-13 | Q4 ending 31-03-13 |
| Segment Revenue |
|
|
| 23,450 | 22,158 |
| 82,750 | 77,872 |
| 1,670 | 1,597 |
| 350 | 359 |
| Gross Turnover | 108,220 | 101,986 |
| Less: Inter Segment | 16,380 | 15,368 |
|
| 91,840 | 86,618 |
| Less: Excise Duty | 2,540 | 2,420 |
| Net Turnover | 89,300 | 84,198 |
|
|
|
|
| EBIT Margins |
|
|
| 1. Petrochem (8.17%) | 1,915 | 1,895 |
| 2. Refinery (3.80%) | 3,140 | 3,520 |
| 3. Oil & Gas (29.35%) | 490 | 460 |
| 4. Others | 50 | 48 |
| PBIT | 5,595 | 5,923 |
| Less: Interest Expenses | -725 | -709 |
| Add: Interest Income | 2,105 | 1,979 |
| Less: Other Unallocated Expenses | -85 | -73 |
| PBT | 6,890 | 7,120 |
| Less: Provision for Tax @20% | -1,380 | -1,415 |
| Less: Deferred Tax | -120 | -116 |
| Profit After Tax | 5,390 | 5,589 |
| EPS | '16.70 | '17.30 |
*Figures in brackets indicates % margin for Q1FY14.
Notes:
- GRM for March 2013 quarter is estimated at $ 7.90 per barrel. ($10.10 in Q4FY13).
- Advance Tax paid by the company-
| Installment date | Rs. crore |
| On 15-06-13 | 779 |
- EPS for FY14 is likely to be around Rs.70.