RIL Q2FY18 Consolidated Estimates
By S.P. Tulsian
Reliance Industries Ltd. (RIL) will declare its Q2 FY18 results (quarter ended 30th September, 2017), on Friday, 13th October, 2017. Our estimates, on consolidated basis, are as under:
(Rs./Crore)
| Particulars | Q2 ending 30-09-17 | Q1 ending 30-06-17 |
| Segment Revenue |
|
|
| 26,230 | 25,461 |
| 69,950 | 66,945 |
| 1,390 | 1,324 |
| 12,460 | 11,571 |
| 4,040 | 3,911 |
| Gross Turnover | 1,14,070 | 1,09,212 |
| Less: Inter Segment | 19,870 | 18,675 |
|
| 94,200 | 90,537 |
| Less: Excise Duty | 7,330 | 7,066 |
| Net Turnover | 86,870 | 83,471 |
|
|
|
|
| EBIT Margins |
|
|
| 3,820 | 4,031 |
| 7,870 | 7,476 |
| (-) 310 | (-) 373 |
| 335 | 292 |
| 105 | 90 |
| PBIT | 11,820 | 11,516 |
| Less: Interest Expenses | (-) 1,220 | (-) 1,119 |
| Add: Interest Income | 570 | 730 |
| Add: Other Unallocated Income | 360 | 496 |
| PBT | 11,530 | 11,623 |
| Less: Provision for Tax @ 20% | (-) 2,305 | (-) 2,321 |
| Less: Deferred Tax | (-) 190 | (-) 223 |
| Profit After Tax | 9,035 | 9,079 |
| EPS | 15.30 | 15.40 |
*Figures in bracket indicates % margin for Q2FY18.
Notes:
- GRM for Q2 is seen at $ 13.20 per barrel, against $11.90 per barrel of Q1 FY18, after adjusting for net inventory gain of $0.20, as Crude has risen by about 2% or about $1 per barrel in Q2, to at an average of $51/ Barrel.
- Singapore benchmark is seen at $ 8.3 for Q2, which was at $ 6.4 in Q1FY18.
- EPS is calculated on the equity base of Rs. 5,920 crores, on net off basis, post 1:1 Bonus, in Consolidated Results.
- Reliance Jio Q2FY18 financials, viz. revenue and expense recognition are not considered here.
- Crude Refined volume is estimated at 17.80 MMT and Petchem volume at 6.6 MMT.
13th Oct 2017 at 10:34 pm
12th Oct 2017 at 11:51 am
12th Oct 2017 at 11:38 am
12th Oct 2017 at 11:24 am