Bharat Petroleum Corporation Ltd
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]
- Market Cap ₹ 1,34,515 Cr.
- Current Price ₹ 310
- High / Low ₹ 376 / 234
- Stock P/E 9.21
- Book Value ₹ 187
- Dividend Yield 6.77 %
- ROCE 19.7 %
- ROE 18.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 37.1%
Cons
- The company has delivered a poor sales growth of 9.13% over past five years.
* 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.
Peer comparison
Sector: Refineries Industry: Refineries
Part of BSE 500 BSE 100 BSE 200 BSE Dollex 200 BSE PSU
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
260,075 | 238,087 | 188,405 | 202,211 | 236,421 | 297,275 | 284,383 | 232,553 | 346,644 | 473,125 | 448,013 | 440,132 | |
251,932 | 229,772 | 177,259 | 191,345 | 224,480 | 285,311 | 277,702 | 215,393 | 327,618 | 462,157 | 403,856 | 414,659 | |
Operating Profit | 8,143 | 8,315 | 11,146 | 10,866 | 11,941 | 11,964 | 6,680 | 17,160 | 19,026 | 10,967 | 44,157 | 25,473 |
OPM % | 3% | 3% | 6% | 5% | 5% | 4% | 2% | 7% | 5% | 2% | 10% | 6% |
1,412 | 2,200 | 1,655 | 2,564 | 2,831 | 2,984 | 1,959 | 10,764 | 4,272 | 813 | 614 | 1,312 | |
Interest | 1,359 | 583 | 565 | 496 | 833 | 1,319 | 2,182 | 1,328 | 2,209 | 3,216 | 2,473 | 1,888 |
Depreciation | 2,247 | 2,516 | 1,845 | 1,891 | 2,653 | 3,189 | 3,787 | 3,978 | 5,418 | 6,347 | 6,750 | 7,232 |
Profit before tax | 5,949 | 7,416 | 10,391 | 11,043 | 11,286 | 10,440 | 2,671 | 22,618 | 15,672 | 2,217 | 35,548 | 17,664 |
Tax % | 32% | 31% | 32% | 27% | 29% | 32% | -0% | 16% | 27% | 16% | 25% | 25% |
4,061 | 5,085 | 7,056 | 8,039 | 7,976 | 7,132 | 2,683 | 19,042 | 11,363 | 1,870 | 26,674 | 13,275 | |
EPS in Rs | 9.36 | 11.72 | 16.26 | 18.53 | 18.38 | 16.44 | 6.18 | 43.89 | 26.19 | 4.31 | 61.48 | 30.60 |
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: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | 11% |
5 Years: | 33% |
3 Years: | 13% |
TTM: | -48% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 11% |
3 Years: | 19% |
1 Year: | 2% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 24% |
3 Years: | 24% |
Last Year: | 19% |
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 | 723 | 723 | 656 | 1,311 | 1,967 | 1,967 | 1,967 | 2,093 | 2,129 | 2,129 | 2,136 | 4,273 |
Reserves | 18,736 | 21,744 | 26,667 | 28,357 | 32,165 | 34,771 | 31,248 | 52,452 | 49,516 | 49,867 | 72,539 | 76,688 |
20,322 | 13,098 | 15,857 | 23,159 | 23,351 | 29,099 | 47,819 | 34,160 | 42,215 | 44,775 | 27,881 | 33,317 | |
32,347 | 34,179 | 32,177 | 39,162 | 42,649 | 49,790 | 45,436 | 51,889 | 70,324 | 64,062 | 70,438 | 73,718 | |
Total Liabilities | 72,127 | 69,745 | 75,357 | 91,990 | 100,131 | 115,627 | 126,469 | 140,594 | 164,184 | 160,833 | 172,993 | 187,995 |
19,040 | 20,315 | 23,207 | 31,437 | 43,028 | 46,488 | 56,951 | 63,936 | 83,806 | 86,596 | 86,738 | 89,297 | |
CWIP | 3,065 | 7,666 | 12,664 | 11,623 | 4,408 | 7,066 | 9,505 | 7,350 | 4,997 | 5,673 | 8,781 | 13,240 |
Investments | 11,847 | 12,391 | 12,811 | 14,601 | 15,626 | 15,992 | 16,058 | 17,684 | 12,632 | 13,872 | 14,458 | 14,417 |
38,176 | 29,373 | 26,674 | 34,328 | 37,069 | 46,082 | 43,955 | 51,624 | 62,749 | 54,691 | 63,016 | 71,040 | |
Total Assets | 72,127 | 69,745 | 75,357 | 91,990 | 100,131 | 115,627 | 126,469 | 140,594 | 164,184 | 160,833 | 172,993 | 187,995 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,404 | 18,183 | 10,179 | 7,897 | 9,009 | 7,645 | 6,265 | 20,030 | 20,813 | 10,664 | 35,762 | 23,605 | |
-4,286 | -7,909 | -7,975 | -10,130 | -4,741 | -7,537 | -9,172 | 2,170 | -7,350 | -6,397 | -11,661 | -18,796 | |
-6,244 | -9,121 | -1,840 | 567 | -4,423 | -87 | 2,940 | -15,622 | -18,662 | -3,666 | -25,466 | -4,916 | |
Net Cash Flow | -2,126 | 1,153 | 364 | -1,666 | -155 | 21 | 34 | 6,578 | -5,198 | 601 | -1,365 | -107 |
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 | 6 | 4 | 4 | 9 | 8 | 8 | 7 | 12 | 10 | 5 | 7 | 8 |
Inventory Days | 29 | 24 | 31 | 41 | 37 | 30 | 29 | 50 | 51 | 32 | 42 | 43 |
Days Payable | 18 | 21 | 19 | 24 | 26 | 24 | 18 | 30 | 36 | 20 | 27 | 29 |
Cash Conversion Cycle | 17 | 7 | 16 | 26 | 18 | 14 | 18 | 32 | 24 | 17 | 21 | 22 |
Working Capital Days | 6 | -13 | -19 | -13 | -7 | -4 | -7 | -14 | -8 | -4 | -5 | -2 |
ROCE % | 18% | 21% | 28% | 24% | 22% | 19% | 8% | 21% | 18% | 7% | 40% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Investor Presentation
12h - Investor handout highlighting key figures of audited financial results enclosed
-
Board Meeting Outcome for Audited Financial Results
1d - BPCL Q4 & FY25 audited results approved; final dividend Rs.5/share recommended; Rs.1774 Cr impairment in subsidiary.
- Corporate Action-Board approves Dividend 1d
- Audited Financial Results 1d
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d
Annual reports
-
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
-
Financial Year 2011
from bse
Concalls
-
Jan 2025TranscriptPPT
-
Oct 2024TranscriptPPT
-
Jul 2024TranscriptPPTREC
-
May 2024Transcript PPT REC
-
Oct 2023TranscriptPPT
-
Jul 2023TranscriptPPT
-
Jun 2023TranscriptNotesPPT
-
Mar 2023TranscriptNotesPPT
-
Dec 2022TranscriptNotesPPT
-
Sep 2022TranscriptNotesPPT
-
Sep 2022TranscriptNotesPPT
-
Jun 2022TranscriptNotesPPT
-
Mar 2022TranscriptNotesPPT
-
Dec 2021TranscriptNotesPPT
-
Nov 2021TranscriptNotesPPT
-
Aug 2021TranscriptNotesPPT
-
Jun 2021TranscriptNotesPPT
-
Feb 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
-
Aug 2020TranscriptNotesPPT
-
Jun 2020TranscriptNotesPPT
-
Feb 2020TranscriptNotesPPT
-
Dec 2019TranscriptNotesPPT
-
Dec 2019TranscriptNotesPPT
-
Aug 2019TranscriptNotesPPT
-
Jun 2019TranscriptNotesPPT
-
Feb 2019TranscriptNotesPPT
-
Nov 2018TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
Jun 2018TranscriptNotesPPT
-
Feb 2018TranscriptNotesPPT
-
Nov 2017TranscriptNotesPPT
-
Aug 2017TranscriptNotesPPT
-
Jun 2017TranscriptNotesPPT
-
Feb 2017TranscriptNotesPPT
-
Nov 2016TranscriptNotesPPT
-
Sep 2016TranscriptNotesPPT
-
Aug 2016TranscriptNotesPPT
-
May 2016TranscriptNotesPPT
-
Feb 2016TranscriptNotesPPT
-
Nov 2015TranscriptNotesPPT
-
Sep 2015TranscriptNotesPPT
-
Jun 2015TranscriptNotesPPT
Refineries Capacity
Total Capacity - 35.3 MMTPA
Refinery Locations:
Mumbai - 12 MMTPA
Kochi - 15.5 MMTPA
Bina, Madhya Pradesh - 7.8 MMTPA [1]
It possesses 14-15% of the country's total refining capacity. [2]