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Hindustan Petroleum Corporation Ltd

₹ 4553.47%
16 Jan 2:19 p.m. – close price
🔗hindustanpetroleum.com•BSE: 500104•NSE: HINDPETRO
Market Cap₹ 96,859 Cr.
Current Price₹ 455
High / Low₹ 508
Stock P/E6.62
Book Value₹ 244
Dividend Yield2.33 %
ROCE11.8 %
ROE16.9 %
Face Value₹ 10.0
Sales₹ 4,31,546 Cr.
OPM6.09 %
Mar Cap₹ 96,859 Cr.

ABOUT

Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.[1]

KEY POINTS

LeadershipThe company owns and managesIndia’s largest lubricant refinery and has the 2nd-largest retail network and LPG marketing presence. Additionally, it operates the2nd-largest cross-country product pipeline network.[1]The company has a13.44% market share in India’s total refining capacityand a20.50% domestic market share in petroleum products.[2]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsAsset Base ExpansionCapacity Expansion And ProductsJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Reliance Industr1458.0025.661973034.020.3822092.009.67254623.009.979.69999629.0017.6576642.4218165.002.244.330.43
2.I O C L160.709.31226928.283.118190.861388.14178628.152.097.36760253.586.8524391.087817.551.162.470.74
3.B P C L362.407.29157227.462.766191.49168.30104946.272.1016.22441893.807.8421520.076313.561.706.460.56
4.H P C L455.206.6296858.512.333830.37506.86100781.120.8611.83431546.306.0914579.123830.371.834.091.16
5.M R P L152.2012.3026674.560.001450.89369.0924711.6512.994.3889312.326.252178.221450.892.060.170.81
6.C P C L859.5511.0012799.710.58719.19213.4916327.3435.094.3061314.053.701169.80719.191.451.210.22
7.Rajasthan Securities39.796.00305.880.0034.24–0.00–-0.498.2294.7750.9234.243.93-0.480.26
–Median: 9 Co.160.711.026674.560.381450.89190.924711.656.047.5689312.326.852178.221450.892.062.770.47

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
108,417109,603107,928111,96195,701111,306114,557113,82399,926110,505109,492110,767100,781
Expenses
109,915107,932103,129102,30687,484109,143109,753111,69797,202104,535103,689103,16693,890
Operating Profit
-1,4981,6724,7999,6558,2172,1644,8042,1262,7245,9705,8047,6026,891
Other Income
2812891,160628344556854552575479793523546
Profit before tax
-2,8931684,3928,3316,7427683,3124718354,0104,3045,8265,119
Tax %
-25%-2%27%26%24%31%14%24%24%25%22%25%25%
Net Profit
-2,1721723,2236,2045,1185292,8433566313,0233,3554,3713,830
EPS in Rs
-10.210.8115.1529.1624.052.4913.361.672.9714.2115.7720.5418.00

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
223,352206,626177,701187,091219,333275,215268,766232,997349,683440,403433,525433,728431,546
Expenses
218,104201,531169,706176,440208,580263,812263,643217,071339,507447,925408,686417,122405,280
Operating Profit
5,2485,0967,99510,65010,75311,4025,12315,92510,176-7,52224,83916,60626,267
Other Income
9061,7441,0891,4421,7691,6758352,7892,9702,0692,3822,4162,340
Interest
1,3367076545365677261,0829159732,1322,5163,3113,148
Depreciation
2,2021,9792,6532,5352,7533,0133,3043,5533,9694,3305,5526,0906,199
Profit before tax
2,6164,1545,7779,0219,2029,3391,57314,2478,204-11,91519,1539,62119,260
Net Profit
1,7342,7333,7266,2096,3576,0292,63710,6646,383-8,97414,6947,36514,579
EPS in Rs
7.5911.9616.3027.1627.8126.3811.5448.8330.00-42.1869.0634.6168.52
Dividend Payout %
30%30%31%49%41%40%56%31%31%0%30%30%–

Compounded Sales Growth

10 Years:8%
5 Years:10%
3 Years:7%
TTM:-2%

Compounded Profit Growth

10 Years:11%
5 Years:17%
3 Years:6%
TTM:234%

Stock Price CAGR

10 Years:14%
5 Years:24%
3 Years:39%
1 Year:23%

Return on Equity

10 Years:19%
5 Years:17%
3 Years:12%
Last Year:17%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
3393393391,0161,5241,5241,5241,4521,4191,4191,4192,1282,128
Reserves
14,67315,68317,63119,33122,42426,65127,43834,73437,25826,29439,61143,83049,820
Borrowings
32,16620,33521,16721,25020,99127,24043,02142,91646,59168,00564,12067,44860,028
Other Liabilities
30,81531,19330,44236,88241,87848,43242,03952,20564,94159,39568,64372,81473,745
Total Liabilities
77,99367,55169,57978,47986,817103,847114,022131,307150,208155,114173,792186,221185,721
Fixed Assets
25,91229,06333,10836,13237,97240,97948,29049,90157,13467,53978,79981,38881,329
Gross Block
42,46748,17535,73541,16545,69151,58961,75066,76677,52191,889108,493116,643–
Accumulated Depreciation
16,55519,1122,6285,0337,71910,61013,46016,86620,38724,35129,69435,255–
CWIP
4,5863,4741,8531,8103,9859,49617,14424,23426,76622,80316,67917,77218,564
Investments
10,86011,24610,57910,91911,10511,81912,51214,99317,94421,21125,67824,23524,725
Other Assets
36,63623,76724,04029,61833,75541,55336,07642,18148,36543,56252,63662,82661,103
Total Assets
77,99367,55169,57978,47986,817103,847114,022131,307150,208155,114173,792186,221185,721

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
8,80817,8416,7839,98311,0188,4505,45317,72215,890-3,35923,92014,276
Cash from Investing Activity
-3,779-3,291-4,354-5,310-7,391-11,383-14,166-12,728-12,565-10,933-13,412-10,282
Cash from Financing Activity
-5,681-14,568-3,719-4,015-4,3242,6918,478-4,393-3,11915,477-15,810-4,426
Net Cash Flow
-653-18-1,290658-697-243-2346012051,185-5,302-432

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
96889851176810
Inventory Days
332531423530285240253235
Days Payable
191722282925173030202627
Cash Conversion Cycle
231417211512173317111418
Working Capital Days
-1-3-8-35-29-25-34-38-28-29-33-35
ROCE %
9%12%17%24%23%20%6%20%11%-11%22%12%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters
54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%
FIIs
15.65%14.36%13.99%13.26%14.26%13.80%13.22%14.11%14.44%12.55%13.55%14.48%16.35%
DIIs
19.63%21.40%22.33%22.60%21.27%22.18%21.47%21.67%21.81%23.55%23.16%22.24%20.64%
Public
9.81%9.33%8.77%9.23%9.56%9.10%10.39%9.31%8.82%8.98%8.38%8.37%8.09%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

HPCL: Two Independent Directors Cease to Hold Office

28th March 2026, 2:05 pm

HPCL Announces Trading Window Closure for FY26 Results

25th March 2026, 10:14 pm

HPCL Announces Trading Window Closure for Financial Results

25th March 2026, 9:58 pm

HPCL Appoints Shri Alok Tripathi as Government Nominee Director for Three Years

23rd March 2026, 10:48 pm

HPCL Director K S Narendiran Ceases Independent Role

15th March 2026, 3:30 pm

Published by Other Websites

External media mentions & references

India Fuel Tax Shake-Up: State Refiners Gain, Exporters Squeezed

2nd April 2026, 9:36 pm

Trump's Iran Threat Spikes Crude Oil, Sinks Indian OMCs, Metals 4%

2nd April 2026, 3:42 pm

Pharma Tumble, IndiGo Charges Hit Indian Markets

2nd April 2026, 1:11 pm

Crude Surges Past $100; Oil Stocks HPCL, BPCL, IOC Tumble

2nd April 2026, 11:50 am

Indian Fuel Prices Stable: No Change on FY27 Start Despite Global Swings

2nd April 2026, 10:14 am

News Articles

Editorial & research coverage

India Stocks: Index Up, Individual Shares Down - The Divergence Deepens
India Stocks: Index Up, Individual Shares Down - The Divergence Deepens

14th February 2026, 10:38 pm

India Seeks Crude Diversification Amidst Refining Hurdles
India Seeks Crude Diversification Amidst Refining Hurdles

11th February 2026, 4:00 pm

India Refiners Tap Venezuelan Crude Amid Geopolitical Realignments
India Refiners Tap Venezuelan Crude Amid Geopolitical Realignments

9th February 2026, 12:00 pm

HPCL Seals $3B LNG Deal for India's Energy Security
HPCL Seals $3B LNG Deal for India's Energy Security

7th February 2026, 5:22 pm

India-US Trade Talks Expand: Services & Energy Redefine Balance
India-US Trade Talks Expand: Services & Energy Redefine Balance

5th February 2026, 3:52 pm

Documents

Announcements

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

1d - HPCL schedules Q3 FY26 earnings conference call Jan 22, 2026 11:00 IST.

Board Meeting Intimation for Considering Inter-Alia, The Un-Audited Financial Results Of The Company For The Quarter Ended December 31, 2025

1d - Board meeting Jan 21, 2026 to consider unaudited results for quarter ended Dec 31, 2025; trading window closed Jan 23.

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

6 Jan - RTA confirms compliance with Regulation 74(5) for quarter ended 31-Dec-2025.

Commissioning Of Residue Upgradation Facility With World'S First LC-Max Unit At HPCL Visakh Refinery

3 Jan - Commissioning of 3.55 MMTPA Residue Upgradation Facility at 15 MMTPA Visakh Refinery, improving yields ~10%, NCI 11.6.

Closure of Trading Window

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Financial Year 2011

(from nse)

Credit Ratings

Rating update

20 Nov 2025 from icra

Rating update

27 Oct 2025 from crisil

Rating update

6 Oct 2025 from fitch

Rating update

30 May 2025 from crisil

Rating update

6 Mar 2025 from icra

Rating update

3 Mar 2025 from fitch

Concalls

Oct 2025

TranscriptPPT

Aug 2025

TranscriptPPTRecording

May 2025

TranscriptPPTRecording

Jan 2025

TranscriptPPT

Oct 2024

TranscriptPPT

May 2024

PPTRecording

May 2024

Recording

Nov 2023

TranscriptPPTRecording

Aug 2023

PPT

May 2023

PPT

Mar 2023

PPT

Aug 2019

PPT

Jun 2019

PPT

Dec 2018

PPT

May 2018

PPT

Jun 2017

PPT

Aug 2016

PPT

Jul 2016

PPT

Stock Analysis

Description

  1. Hindustan Petroleum Corporation Ltd is primarily engaged in refining crude oil and marketing petroleum products, along with hydrocarbon production and E&P block management services.

Key Growth Triggers

  1. Currently no data available for Key Growth Triggers.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Currently no data available for Key Red Flags.

Key Dates To Watch

  1. Conference Call for 3QFY26 earnings: January 22, 2026.

Corporate Announcements

28th Mar 26
Impact Rating: 5
Hindustan Petroleum Corporation Limited has informed the exchanges that Shri Bechan Lal and Smt. Sharda Singh Kharwar, Independent Directors, have ceased to be on the board as their tenure ended on March 27, 2026.
25th Mar 26
Impact Rating: 6
HPCL has informed stock exchanges that its trading window will be closed from April 1, 2026, and will reopen 48 hours after the company communicates its audited financial results for FY 2025-2026 and any proposed dividend.
25th Mar 26
Impact Rating: 7
The trading window for Hindustan Petroleum Corporation Limited (HPCL) securities will be closed from April 1, 2026, until 48 hours post the respective board meetings approving financial results.
23rd Mar 26
Impact Rating: 6
HPCL has appointed Shri Alok Tripathi as Government Nominee Director effective March 23, 2026, for a three-year term. He has a background in civil services and previously served at the Ministry of Petroleum & Natural Gas.
15th Mar 26
Impact Rating: 6
Shri K S Narendiran has stepped down as an Independent Director of Hindustan Petroleum Corporation Limited (HPCL) effective March 15, 2026, due to completion of his term of office, as per SEBI regulations.