RIL Q4FY13 ESTIMATIONS
RIL Q4FY13 ESTIMATES
By SP Tulsian
Reliance Industries Ltd. (RIL) will declare its Q4 FY13 (quarter ended 31, March, 2013) results on 16th April, 2013. Our estimates are as under:
( Rs./Crore)
| Particulars | Q4 ending 31-03-13 | Quarter end 31-12-12 |
| Segment Revenue |
|
|
| 22,160 | 22,053 |
| 84,980 | 86,641 |
| 1,770 | 1,921 |
| 165 | 176 |
| Gross Turnover | 109,075 | 110,791 |
| Less: Inter Segment | 14,075 | 14,484 |
|
| 95,000 | 96,307 |
| Less: Excise Duty | 2,380 | 2,421 |
| Net Turnover | 92,620 | 93,886 |
|
|
|
|
| EBIT Margins |
|
|
| 1. Petrochem (8.90%) | 1,972 | 1,937 |
| 2. Refinery (4.30%) | 3,654 | 3,615 |
| 3. Oil & Gas (32.00%) | 566 | 590 |
| 4. Others | 55 | 77 |
| PBIT | 6,247 | 6,219 |
| Less: Interest Expenses | -845 | -806 |
| Less: Other Unallocated Expenses | -135 | -168 |
| Add: Interest Income | 1,645 | 1,605 |
| PBT | 6,912 | 6,850 |
| Less: Provision for Tax @20% | -1,382 | -1,369 |
| Add: Write Back Def. Tax | 25 | 21 |
| Profit After Tax | 5,555 | 5,502 |
| EPS | 17.20 | 17.00 |
*Figures in brackets indicates % margin for Q4FY13.
Notes:
- GRM for March 2013 quarter is estimated at $ 9.85 per barrel. ($9.60 in Q3FY13).
- Advance Tax paid by the company-
| Installment date | Rs. Crore |
| On 15-06-12 | 768 |
| On 15-09-12 | 1,530 |
| On 15-12-12 | 1,100 |
| On 15-03-13 | 1,054 |
| Total | 4,452 |
- EPS for FY14 is likely to be around Rs.69.
- EPS for FY13 is likely to be at Rs.64.95.