Gross refining margins of refineries now available in Industry Outlook

by Urmi Shah

Gross refining margins (GRMs) of refineries are now available on Industry Outlook. The refining margins are available for nine companies.

Following are the companies and their refineries for which gross refining margins have been made available on Industry Outlook.

  • Bharat Oman Refineries Ltd. - Bina Refinery
  • Bharat Petroleum Corpn. Ltd. - Mumbai Refinery, Cochin Refinery
  • Chennai Petroleum Corpn Ltd.
  • Essar Oil Ltd. - Vadinar Refinery
  • Hindustan Petroleum Corpn. Ltd. - Mumbai Refinery, Vishakhapatnam Refinery
  • Indian Oil Corpn. Ltd. - matrhura Refinery, Barauni Refinery, Haldia Refinery, Bongaigon refinery, Giwahati Refinery, Digboi Refinery, Koyali Refinery, Panipat Refinery, Panipat Refinery, Paradip Refinery
  • Mangalore Refinery & Petrochemicals Ltd. - Mangalore Refinery
  • Numaligarh Refinery Ltd. - Numaligarh Refinery
  • Reliance Industries Ltd. - Jamnagar Refinery

The gross refining margins have been sourced from the quarterly results as well as the ministry of petroleum and natural gas of the Government of India. The margins are available after the end of every quarter.

The GRM data in the tabulations represents year-to-date refining margins. For example, the GRM number available at the end of the June quarter represents the gross refining margin for the April-June period. The GRM number at the end of the September quarter represents the gross refining margin for the April-September period. Similarly, the GRM number available at the end of the December quarter represents the gross refining margin for the nine months period of April-December.

The tabulations with the gross refining margins data are made available under the ’Quarterly Financials’ section of the ’Refinery’ industry. To view this data, click on the following links: [GRM-Annual], [GRM-Cumulative]

In case you wish to be alerted by email whenever the information in this report is updated, you may please click on the ’Add to current report set’ button represented by a small circle in the ’Reset’ row of icons.

CMIE STATISTICS
Unemployment Rate
Per cent
6.0 -0.1
Consumer Sentiments Index
Base September-December 2015
97.5 -0.4
Consumer Expectations Index
Base September-December 2015
98.0 -0.6
Current Economic Conditions Index
Base September-December 2015
96.8 0.0
Quarterly CapeEx Aggregates
(Rs.trillion) Mar 16 Jun 16 Sep 16 Dec 16
New projects 3.29 1.55 2.29 1.38
Completed projects 2.26 0.90 2.15 0.71
Stalled projects 1.04 1.27 0.35 0.42
Revived projects 0.63 0.38 0.51 0.17
Implementation stalled projects 0.92 0.50 0.57 0.79
Updated on: 20 Jan 2017 9:30AM
Quarterly Financials of Listed Companies
(% change) Dec 15 Mar 16 Jun 16 Sep 16
All listed Companies
 Income -5.1 -0.2 -0.9 2.0
 Expenses -4.8 0.9 -0.4 1.7
 Net profit -2.5 -29.1 -3.3 15.4
 PAT margin (%) 4.7 4.9 6.9 7.1
 Count of Cos. 4,432 4,347 4,297 4,201
Non-financial Companies
 Income -7.8 -2.1 -2.5 0.4
 Expenses -9.2 -3.9 -2.9 -0.3
 Net profit 44.6 4.9 10.3 25.3
 PAT margin (%) 5.5 6.2 7.4 7.0
 Net fixed assets 3.8 -8.6
 Current assets 3.1 8.4
 Current liabilities 10.6 11.2
 Borrowings 6.6 3.3
 Reserves & surplus 7.8 8.4
 Count of Cos. 3,486 3,430 3,398 3,323
Numbers are net of P&E
Updated on: 20 Jan 2017 9:38AM
Annual Financials of All Companies
(% change) FY13 FY14 FY15 FY16
All Companies
 Income 11.6 9.0 3.9 -0.2
 Expenses 11.8 9.0 3.9 -0.1
 Net profit -0.1 -3.9 1.5 -11.5
 PAT margin (%) 3.6 3.2 3.3 3.6
 Assets 14.0 12.1 8.8 7.6
 Net worth 9.4 9.3 8.1 6.1
 RONW (%) 6.8 6.1 6.1 5.8
 Count of Cos. 22,526 19,648 18,100 13,336
Non-financial Companies
 Income 10.7 8.5 2.8 -1.6
 Expenses 11.0 8.2 2.9 -2.6
 Net profit -10.6 -5.3 -5.8 15.6
 PAT margin (%) 2.4 2.1 2.2 3.3
 Net fixed assets 13.4 10.4 12.3 10.3
 Net worth 7.6 8.1 6.5 5.1
 RONW (%) 5.4 4.8 4.7 6.3
 Debt / Equity (times) 1.1 1.1 1.1 1.0
 Interest cover (times) 2.0 1.9 1.9 2.2
 Net working capital cycle (days) 69 69 68 68
 Count of Cos. 17,229 15,331 14,111 10,567
Numbers are net of P&E
Updated on: 20 Jan 2017 9:51AM

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