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 ₹ 74,926 Cr.
- Current Price ₹ 345
- High / Low ₹ 399 / 288
- Stock P/E
- Book Value ₹ 216
- Dividend Yield 4.63 %
- ROCE 15.6 %
- ROE 20.4 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 79.2%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 11.5% over past five years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.2,834 Cr.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
153,765 | 212,140 | 242,181 | 264,421 | 242,598 | 187,815 | 201,251 | 235,895 | 298,226 | 284,572 | 230,171 | 346,791 | 459,152 | |
149,115 | 207,178 | 235,472 | 255,007 | 232,818 | 174,844 | 187,468 | 220,578 | 283,113 | 275,597 | 209,170 | 327,654 | 453,394 | |
Operating Profit | 4,650 | 4,961 | 6,709 | 9,414 | 9,780 | 12,971 | 13,783 | 15,317 | 15,112 | 8,975 | 21,001 | 19,137 | 5,758 |
OPM % | 3% | 2% | 3% | 4% | 4% | 7% | 7% | 6% | 5% | 3% | 9% | 6% | 1% |
1,336 | 1,308 | 1,492 | 1,344 | 2,117 | 1,913 | 2,721 | 2,927 | 2,975 | 1,393 | 7,489 | 4,939 | 2,834 | |
Interest | 1,266 | 2,259 | 2,518 | 1,982 | 1,180 | 680 | 696 | 1,186 | 1,764 | 2,637 | 1,723 | 2,606 | 3,528 |
Depreciation | 1,891 | 2,411 | 2,463 | 2,611 | 3,027 | 2,072 | 2,108 | 2,885 | 3,418 | 4,080 | 4,334 | 5,434 | 6,367 |
Profit before tax | 2,829 | 1,599 | 3,220 | 6,166 | 7,690 | 12,132 | 13,700 | 14,174 | 12,905 | 3,652 | 22,432 | 16,037 | -1,303 |
Tax % | 38% | 47% | 40% | 34% | 34% | 33% | 31% | 31% | 34% | -0% | 23% | 27% | |
Net Profit | 1,742 | 851 | 1,936 | 4,053 | 5,082 | 8,089 | 9,507 | 9,792 | 8,528 | 3,666 | 17,320 | 11,682 | -1,937 |
EPS in Rs | 7.54 | 3.60 | 8.67 | 18.03 | 22.16 | 37.29 | 40.20 | 41.53 | 35.97 | 14.08 | 74.52 | 53.85 | -8.93 |
Dividend Payout % | 35% | 55% | 42% | 31% | 34% | 25% | 49% | 46% | 48% | 106% | 102% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 12% |
3 Years: | 5% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 4% |
3 Years: | 11% |
TTM: | -112% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | -4% |
3 Years: | 8% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 23% |
5 Years: | 22% |
3 Years: | 21% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
362 | 362 | 723 | 723 | 723 | 656 | 1,311 | 1,967 | 1,967 | 1,967 | 2,093 | 2,129 | 2,129 | |
Reserves | 14,989 | 15,518 | 16,052 | 18,703 | 21,825 | 27,138 | 29,508 | 34,652 | 36,798 | 34,565 | 51,462 | 49,776 | 44,637 |
25,038 | 30,153 | 33,157 | 33,152 | 25,492 | 23,388 | 35,725 | 37,659 | 44,839 | 65,476 | 54,532 | 64,534 | 81,038 | |
26,402 | 31,781 | 29,696 | 35,882 | 38,281 | 35,241 | 42,541 | 46,078 | 53,322 | 48,852 | 52,891 | 71,089 | 68,966 | |
Total Liabilities | 66,791 | 77,814 | 79,628 | 88,460 | 86,322 | 86,422 | 109,086 | 120,356 | 136,926 | 150,860 | 160,978 | 187,529 | 196,771 |
19,658 | 24,988 | 24,721 | 27,580 | 29,109 | 25,358 | 33,684 | 45,539 | 49,315 | 60,175 | 64,098 | 83,901 | 95,735 | |
CWIP | 8,209 | 4,534 | 7,463 | 9,372 | 15,787 | 17,459 | 16,834 | 9,875 | 13,654 | 17,757 | 17,037 | 15,433 | 6,165 |
Investments | 9,089 | 7,891 | 7,470 | 6,985 | 7,712 | 9,401 | 21,327 | 23,725 | 24,907 | 27,029 | 26,768 | 23,616 | 26,504 |
29,835 | 40,401 | 39,974 | 44,523 | 33,714 | 34,203 | 37,241 | 41,217 | 49,050 | 45,900 | 53,075 | 64,578 | 68,366 | |
Total Assets | 66,791 | 77,814 | 79,628 | 88,460 | 86,322 | 86,422 | 109,086 | 120,356 | 136,926 | 150,860 | 160,978 | 187,529 | 196,771 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3,676 | 1,907 | 5,926 | 9,588 | 20,742 | 11,119 | 9,041 | 11,068 | 10,157 | 7,881 | 23,455 | 20,336 | |
-453 | -2,276 | -3,604 | -6,881 | -10,536 | -9,233 | -15,274 | -7,066 | -10,451 | -11,135 | -2,474 | -8,138 | |
-177 | -4,379 | -846 | -3,736 | -9,792 | -1,332 | 4,804 | -4,218 | 207 | 3,583 | -13,981 | -17,672 | |
Net Cash Flow | 3,047 | -4,748 | 1,476 | -1,029 | 414 | 555 | -1,429 | -215 | -87 | 329 | 7,000 | -5,474 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 6 | 9 | 7 | 6 | 4 | 4 | 9 | 8 | 8 | 7 | 12 | 10 |
Inventory Days | 48 | 40 | 33 | 35 | 29 | 34 | 45 | 41 | 32 | 32 | 52 | 51 |
Days Payable | 24 | 25 | 15 | 20 | 22 | 19 | 24 | 27 | 25 | 19 | 32 | 37 |
Cash Conversion Cycle | 31 | 24 | 25 | 22 | 12 | 19 | 30 | 21 | 16 | 20 | 33 | 24 |
Working Capital Days | 3 | 12 | 14 | 10 | -17 | -18 | -16 | -6 | -3 | -7 | -15 | -8 |
ROCE % | 11% | 9% | 12% | 16% | 18% | 26% | 25% | 22% | 19% | 9% | 18% | 16% |
Documents
Announcements
- Submission Of Voting Result Of Postal Ballot 21 Mar
- Announcement under Regulation 30 (LODR)-Issue of Securities 18 Mar
-
Announcement under Regulation 30 (LODR)-Change in Directorate
17 Mar - On appointment of Chairman & Managing Director
- Announcement under Regulation 30 (LODR)-Change in Directorate 10 Mar
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 8 Mar
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Concalls
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Aug 2016TranscriptNotesPPT
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]