Hindustan Petroleum Corporation Ltd

Hindustan Petroleum Corporation Ltd

₹ 408 1.71%
23 May - close price
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

Leadership
The company owns and manages India’s largest lubricant refinery and has the 2nd-largest retail network and LPG marketing presence. Additionally, it operates the 2nd-largest cross-country product pipeline network. [1] The company has a 13.44% market share in India’s total refining capacity and a 20.50% domestic market share in petroleum products. [2]

  • Market Cap 86,836 Cr.
  • Current Price 408
  • High / Low 457 / 288
  • Stock P/E 11.8
  • Book Value 216
  • Dividend Yield 5.15 %
  • ROCE 11.8 %
  • ROE 16.9 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 20.2%

Cons

  • The company has delivered a poor sales growth of 10.0% over past five years.
  • Company has a low return on equity of 11.8% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
97,573 114,455 108,417 109,603 107,928 111,961 95,701 111,306 114,557 113,804 99,926 110,505 109,492
94,841 126,949 109,915 107,932 103,129 102,306 87,484 109,143 109,753 111,697 97,202 104,535 103,689
Operating Profit 2,732 -12,495 -1,498 1,672 4,799 9,655 8,217 2,164 4,804 2,108 2,724 5,970 5,804
OPM % 3% -11% -1% 2% 4% 9% 9% 2% 4% 2% 3% 5% 5%
964 340 281 289 1,160 628 344 556 854 570 575 479 793
Interest 328 333 595 682 523 588 579 614 734 731 942 929 709
Depreciation 1,083 1,094 1,081 1,110 1,044 1,364 1,240 1,338 1,611 1,476 1,522 1,510 1,583
Profit before tax 2,285 -13,582 -2,893 168 4,392 8,331 6,742 768 3,312 471 835 4,010 4,304
Tax % 21% -25% -25% -2% 27% 26% 24% 31% 14% 24% 24% 25% 22%
1,795 -10,197 -2,172 172 3,223 6,204 5,118 529 2,843 356 631 3,023 3,355
EPS in Rs 8.44 -47.92 -10.21 0.81 15.15 29.16 24.05 2.49 13.36 1.67 2.97 14.21 15.77
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
223,352 206,626 177,701 187,091 219,333 275,215 268,766 232,997 349,683 440,403 433,525 433,728
218,104 201,531 169,706 176,440 208,580 263,812 263,643 217,071 339,507 447,925 408,686 417,122
Operating Profit 5,248 5,096 7,995 10,650 10,753 11,402 5,123 15,925 10,176 -7,522 24,839 16,606
OPM % 2% 2% 4% 6% 5% 4% 2% 7% 3% -2% 6% 4%
906 1,744 1,089 1,442 1,769 1,675 835 2,789 2,970 2,069 2,382 2,416
Interest 1,336 707 654 536 567 726 1,082 915 973 2,132 2,516 3,311
Depreciation 2,202 1,979 2,653 2,535 2,753 3,013 3,304 3,553 3,969 4,330 5,552 6,090
Profit before tax 2,616 4,154 5,777 9,021 9,202 9,339 1,573 14,247 8,204 -11,915 19,153 9,621
Tax % 34% 34% 36% 31% 31% 35% -68% 25% 22% -25% 23% 23%
1,734 2,733 3,726 6,209 6,357 6,029 2,637 10,664 6,383 -8,974 14,694 7,365
EPS in Rs 7.59 11.96 16.30 27.16 27.81 26.38 11.54 48.83 30.00 -42.18 69.06 34.61
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: 0%
Compounded Profit Growth
10 Years: 11%
5 Years: 17%
3 Years: 6%
TTM: -50%
Stock Price CAGR
10 Years: 16%
5 Years: 28%
3 Years: 38%
1 Year: 13%
Return on Equity
10 Years: 19%
5 Years: 17%
3 Years: 12%
Last Year: 17%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 339 339 339 1,016 1,524 1,524 1,524 1,452 1,419 1,419 1,419 2,128
Reserves 14,673 15,683 17,631 19,331 22,424 26,651 27,438 34,734 37,258 26,294 39,611 43,830
32,166 20,335 21,167 21,250 20,991 27,240 43,021 42,916 46,591 68,005 64,120 67,448
30,815 31,193 30,442 36,882 41,878 48,432 42,039 52,205 64,941 59,395 68,659 72,789
Total Liabilities 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 155,114 173,808 186,195
25,912 29,063 33,108 36,132 37,972 40,979 48,290 49,901 57,134 67,539 78,799 81,420
CWIP 4,586 3,474 1,853 1,810 3,985 9,496 17,144 24,234 26,766 22,803 16,679 17,740
Investments 10,860 11,246 10,579 10,919 11,105 11,819 12,512 14,993 17,944 21,211 25,678 24,235
36,636 23,767 24,040 29,618 33,755 41,553 36,076 42,181 48,365 43,562 52,653 62,800
Total Assets 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 155,114 173,808 186,195

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
8,808 17,841 6,783 9,983 11,018 8,450 5,453 17,722 15,890 -3,359 23,920 14,276
-3,779 -3,291 -4,354 -5,310 -7,391 -11,383 -14,166 -12,728 -12,565 -10,933 -13,412 -10,282
-5,681 -14,568 -3,719 -4,015 -4,324 2,691 8,478 -4,393 -3,119 15,477 -15,810 -4,426
Net Cash Flow -653 -18 -1,290 658 -697 -243 -234 601 205 1,185 -5,302 -432

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 9 6 8 8 9 8 5 11 7 6 8 10
Inventory Days 33 25 31 42 35 30 28 52 40 25 32 35
Days Payable 19 17 22 28 29 25 17 30 30 20 26 27
Cash Conversion Cycle 23 14 17 21 15 12 17 33 17 11 14 18
Working Capital Days 25 1 -1 -14 -11 -7 -12 -13 -15 -14 -12 -6
ROCE % 9% 12% 17% 24% 23% 20% 6% 20% 11% -11% 22% 12%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90%
18.21% 16.74% 15.65% 14.36% 13.99% 13.26% 14.26% 13.80% 13.22% 14.11% 14.44% 12.55%
16.41% 17.98% 19.63% 21.40% 22.33% 22.60% 21.27% 22.18% 21.47% 21.67% 21.81% 23.55%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
10.47% 10.37% 9.81% 9.33% 8.77% 9.23% 9.56% 9.10% 10.39% 9.31% 8.82% 8.98%
No. of Shareholders 4,14,4144,18,9254,03,7813,85,5623,62,3953,69,8163,48,8054,03,6585,43,3445,23,8825,08,4935,26,754

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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