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Bharat Petroleum Corporation Ltd

₹ 3641.95%
16 Jan 3:31 p.m. – close price
🔗bharatpetroleum.in•BSE: 500547•NSE: BPCL
Market Cap₹ 1,57,922 Cr.
Current Price₹ 364
High / Low₹ 388
Stock P/E7.25
Book Value₹ 211
Dividend Yield2.76 %
ROCE19.6 %
ROE18.7 %
Face Value₹ 10.0
Sales₹ 4,41,742 Cr.
OPM7.87 %
Mar Cap₹ 1,57,922 Cr.

ABOUT

Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.[1]

KEY POINTS

Refineries CapacityTotal Capacity - 35.3 MMTPARefinery Locations:Mumbai - 12 MMTPAKochi - 15.5 MMTPABina, Madhya Pradesh - 7.8 MMTPA[1]It possesses 14-15% of the country's total refining capacity.[2]

Also present in buckets:
Aggressive Growth TriggersAggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsOrder Book PositionLarge Order ReceiptsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsRed 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 Industr1461.0025.701977093.730.3822092.009.67254623.009.979.69999629.0017.6576642.4218165.002.244.330.43
2.I O C L161.209.33227634.343.118190.861388.14178628.152.097.36760253.586.8524391.087817.551.162.470.74
3.B P C L364.007.25157921.602.766442.53168.75104912.472.1019.64441741.887.8721696.516442.531.748.070.24
4.H P C L456.306.9097092.602.343859.302605.05100855.600.9010.52431921.705.9313929.323859.301.683.571.11
5.M R P L149.9012.1226271.460.001450.89369.0924711.6512.994.3889312.326.252178.221450.892.050.170.81
6.C P C L860.7011.0212816.840.58719.19213.4916327.3435.094.3061314.053.701169.80719.191.481.210.22
7.Rajasthan Securities39.796.00305.880.0034.24–0.00–-0.498.2294.7750.9234.243.93-0.480.26
–Median: 9 Co.161.211.0226271.460.381450.89191.1224711.656.047.5689312.326.852178.221450.892.052.770.43

Quarterly Results

Standalone figures in ₹ crores

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Sales
114,808119,158118,112112,978102,986115,466116,527113,096102,756113,136111,179112,515104,912
Expenses
113,374114,924106,95897,16890,078109,268107,342107,44698,244105,555103,414102,85295,135
Operating Profit
1,4344,23411,15415,81012,9086,1989,1855,6504,5127,5807,7659,6639,777
Other Income
557452-627492771709-1,301506924829-9817491,191
Profit before tax
-3762,1268,11814,01311,3124,5805,6434,0323,1946,1764,2638,1568,596
Tax %
-19%8%20%25%25%26%25%25%25%25%25%25%25%
Net Profit
-3041,9606,47810,5518,5013,3974,2243,0152,3974,6493,2146,1246,443
EPS in Rs
-0.704.5214.9324.3219.597.839.746.955.5310.727.4114.1214.85

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
260,075238,087188,405202,211236,421297,275284,383232,553346,644473,125447,908440,132441,742
Expenses
251,932229,772177,259191,345224,480285,311277,702215,393327,618462,157403,856414,659406,956
Operating Profit
8,1438,31511,14610,86611,94111,9646,68017,16019,02610,96744,05225,47334,786
Other Income
1,4122,2001,6552,5642,8312,9841,95910,7644,2728137201,3121,787
Interest
1,3595835654968331,3192,1821,3282,2093,2162,4731,8881,770
Depreciation
2,2472,5161,8451,8912,6533,1893,7873,9785,4186,3476,7507,2327,612
Profit before tax
5,9497,41610,39111,04311,28610,4402,67122,61815,6722,21735,54817,66427,191
Net Profit
4,0615,0857,0568,0397,9767,1322,68319,04211,3631,87026,67413,27520,430
EPS in Rs
9.3611.7216.2618.5318.3816.446.1843.8926.194.3161.4830.6047.10
Dividend Payout %
30%32%29%53%52%52%121%87%30%46%34%32%–

Compounded Sales Growth

10 Years:6%
5 Years:9%
3 Years:8%
TTM:-1%

Compounded Profit Growth

10 Years:11%
5 Years:33%
3 Years:13%
TTM:53%

Stock Price CAGR

10 Years:9%
5 Years:11%
3 Years:27%
1 Year:34%

Return on Equity

10 Years:23%
5 Years:24%
3 Years:24%
Last Year:19%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
7237236561,3111,9671,9671,9672,0932,1292,1292,1364,2734,273
Reserves
18,73621,74426,66728,35732,16534,77131,24852,45249,51649,86772,53976,68887,398
Borrowings
20,32213,09815,85723,15923,35129,09947,81934,16042,21544,77527,88133,31722,155
Other Liabilities
32,34734,17932,17739,16242,64949,79045,43651,88970,32464,06270,43873,71878,833
Total Liabilities
72,12769,74575,35791,990100,131115,627126,469140,594164,184160,833172,993187,995192,658
Fixed Assets
19,04020,31523,20731,43743,02846,48856,95163,93683,80686,59686,73888,58088,328
Gross Block
38,16441,81025,03535,13849,18655,79269,78580,611105,654113,974119,705128,106–
Accumulated Depreciation
19,12421,4951,8283,7016,1589,30412,83416,67521,84727,37832,96839,526–
CWIP
3,0657,66612,66411,6234,4087,0669,5057,3504,9975,6738,78113,95815,333
Investments
11,84712,39112,81114,60115,62615,99216,05817,68412,63213,87214,45814,41714,654
Other Assets
38,17629,37326,67434,32837,06946,08243,95551,62462,74954,69163,01671,04074,344
Total Assets
72,12769,74575,35791,990100,131115,627126,469140,594164,184160,833172,993187,995192,658

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
8,40418,18310,1797,8979,0097,6456,26520,03020,81310,66435,76223,605
Cash from Investing Activity
-4,286-7,909-7,975-10,130-4,741-7,537-9,1722,170-7,350-6,397-11,661-18,796
Cash from Financing Activity
-6,244-9,121-1,840567-4,423-872,940-15,622-18,662-3,666-25,466-4,916
Net Cash Flow
-2,1261,153364-1,666-15521346,578-5,198601-1,365-107

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
64498871210578
Inventory Days
292431413730295051324243
Days Payable
182119242624183036202729
Cash Conversion Cycle
17716261814183224172122
Working Capital Days
-5-13-19-26-20-8-30-29-22-18-14-24
ROCE %
18%21%28%24%22%19%8%21%18%7%40%20%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%52.98%
FIIs
12.53%12.57%12.55%13.01%14.21%16.79%15.04%15.39%14.71%14.58%15.45%16.53%
DIIs
21.80%22.59%23.10%22.53%22.13%21.30%21.31%22.06%22.27%22.23%22.18%21.31%
Public
11.44%10.61%10.12%10.21%9.44%8.00%9.73%8.63%9.09%9.26%8.46%8.25%

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

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

BPCL Appoints Six New Senior Management Function Heads Effective April 2026

1st April 2026, 5:11 pm

BPCL Announces Postal Ballot Advertisement in Leading Newspapers

28th March 2026, 4:24 pm

Bharat Petroleum Corporation Limited Announces Cessation of Three Independent Directors

28th March 2026, 4:19 pm

BPCL Seeks Shareholder Approval for Rs. 8,438.61 Crore Transaction with Petronet LNG

27th March 2026, 9:20 pm

BPCL Announces Trading Window Closure for Financial Results Period

27th March 2026, 9:12 pm

Published by Other Websites

External media mentions & references

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

Nomura: ATF, LPG Hikes Squeeze Indian Oil Firm Margins

2nd April 2026, 9:50 am

News Articles

Editorial & research coverage

BPCL Pivots to Petrochemicals, Eyes Value Chain Dominance
BPCL Pivots to Petrochemicals, Eyes Value Chain Dominance

12th February 2026, 11:51 pm

Crude Surge Squeezes OMC Margins, Nifty Oil & Gas Dips
Crude Surge Squeezes OMC Margins, Nifty Oil & Gas Dips

12th February 2026, 3:00 pm

Nuvama's Top Picks: BPCL, Power Grid, SAIL Eye Gains; Nifty Charts Bullish Pattern
Nuvama's Top Picks: BPCL, Power Grid, SAIL Eye Gains; Nifty Charts Bullish Pattern

12th February 2026, 9:48 am

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

11th February 2026, 4:00 pm

BPCL Refinery Deal: AP's Rs 20 Cr Tax Waiver Fuels Mega Project
BPCL Refinery Deal: AP's Rs 20 Cr Tax Waiver Fuels Mega Project

10th February 2026, 4:24 pm

Documents

Announcements

Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015

2d - BPRL/UBPL announced oil discoveries in Onshore Block 1, Abu Dhabi (XN-76, XN-79) on 13.01.2026.

Clarification On News Item Appearing In 'Media/Publication'

8 Jan - LOIs (24-Nov-2025) to Technip: Rs3600cr PP+Butene-1 Bina; Rs467cr PRFCC EPCM; Rs50cr HCU revamp.

Clarification sought from Bharat Petroleum Corporation Ltd

8 Jan - Exchange has sought clarification from Bharat Petroleum Corporation Ltd on January 8, 2026, with reference to news appeared in https://energy.economictimes.indiatimes.com dated January 8, 2026 quoting …

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Announcement under Regulation 30 (LODR)-Change in Management

1 Jan - Two Executive Directors superannuated 31-Dec-2025; Vivek V Maheshwari appointed Head—Internal Audit effective 1-Jan-2026.

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 nse)

Financial Year 2013

(from bse)

Financial Year 2012

(from bse)

Credit Ratings

Rating update

1 Oct 2025 from crisil

Rating update

4 Jul 2025 from care

Rating update

14 Apr 2025 from crisil

Rating update

11 Mar 2025 from icra

Rating update

1 Oct 2024 from crisil

Rating update

23 Sep 2024 from crisil

Concalls

Aug 2025

TranscriptRecording

May 2025

TranscriptPPTRecording

Jan 2025

Transcript

Nov 2024

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Stock Analysis

Description

  1. Bharat Petroleum Corporation Limited (BPCL) is a public sector company involved in refining crude oil and marketing petroleum products.

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. January 23, 2026: Board meeting to consider Q3 FY26 results and second interim dividend.
  2. January 25, 2026: Trading window reopens.

Corporate Announcements

1st Apr 26
Impact Rating: 3
Effective April 1, 2026, Bharat Petroleum Corporation Ltd. will see a reshuffling in its senior management with the appointment of six new function heads across various departments.
28th Mar 26
Impact Rating: -
No description available.
28th Mar 26
Impact Rating: 4
Bharat Petroleum Corporation Limited (BPCL) informed that Independent Directors Shri Agrawal, Shri Agarwal, and Prof. Saraswat have ceased their roles due to tenure completion, effective March 28, 2026.
27th Mar 26
Impact Rating: 8
Bharat Petroleum Corporation is seeking shareholder approval via postal ballot for a significant material related party transaction with Petronet LNG. The proposed transaction is valued at up to ₹8,438.61 crore for the financial year 2026-27.
27th Mar 26
Impact Rating: 6
BPCL's trading window for designated persons will be shut from April 1, 2026, as per SEBI norms on insider trading. It will reopen 48 hours after the company files its financial results for the quarter and year ended March 31, 2026.