Hindustan Petroleum Corporation Ltd

Hindustan Petroleum Corporation Ltd

₹ 372 0.15%
20 May 9:55 a.m.
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 79,049 Cr.
  • Current Price 372
  • High / Low 508 / 316
  • Stock P/E 4.62
  • Book Value 281
  • Dividend Yield 2.82 %
  • ROCE 23.1 %
  • ROE 32.5 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 30.0%
  • Company has been maintaining a healthy dividend payout of 30.3%

Cons

* 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
107,928 111,961 95,701 111,306 114,557 113,823 99,926 110,505 109,492 110,767 100,781 115,054 114,846
103,129 102,306 87,484 109,143 109,753 111,697 97,202 104,535 103,696 103,166 93,890 108,034 105,868
Operating Profit 4,799 9,655 8,217 2,164 4,804 2,126 2,724 5,970 5,797 7,602 6,891 7,019 8,978
OPM % 4% 9% 9% 2% 4% 2% 3% 5% 5% 7% 7% 6% 8%
1,160 628 344 556 854 552 575 479 800 523 546 686 936
Interest 523 588 579 614 734 731 942 929 709 749 761 674 965
Depreciation 1,044 1,364 1,240 1,338 1,611 1,476 1,522 1,510 1,583 1,549 1,557 1,619 2,400
Profit before tax 4,392 8,331 6,742 768 3,312 471 835 4,010 4,304 5,826 5,119 5,413 6,550
Tax % 27% 26% 24% 31% 14% 24% 24% 25% 22% 25% 25% 25% 25%
3,223 6,204 5,118 529 2,843 356 631 3,023 3,355 4,371 3,830 4,072 4,902
EPS in Rs 15.15 29.16 24.05 2.49 13.36 1.67 2.97 14.21 15.77 20.54 18.00 19.14 23.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
206,626 177,701 187,091 219,333 275,215 268,766 232,997 349,683 440,403 433,525 433,728 441,448
201,531 169,706 176,440 208,580 263,812 263,643 217,071 339,507 447,925 408,686 417,122 410,958
Operating Profit 5,096 7,995 10,650 10,753 11,402 5,123 15,925 10,176 -7,522 24,839 16,606 30,491
OPM % 2% 4% 6% 5% 4% 2% 7% 3% -2% 6% 4% 7%
1,744 1,089 1,442 1,769 1,675 835 2,789 2,970 2,069 2,382 2,416 2,691
Interest 707 654 536 567 726 1,082 915 973 2,132 2,516 3,311 3,149
Depreciation 1,979 2,653 2,535 2,753 3,013 3,304 3,553 3,969 4,330 5,552 6,090 7,125
Profit before tax 4,154 5,777 9,021 9,202 9,339 1,573 14,247 8,204 -11,915 19,153 9,621 22,907
Tax % 34% 36% 31% 31% 35% -68% 25% 22% -25% 23% 23% 25%
2,733 3,726 6,209 6,357 6,029 2,637 10,664 6,383 -8,974 14,694 7,365 17,175
EPS in Rs 11.96 16.30 27.16 27.81 26.38 11.54 48.83 30.00 -42.18 69.06 34.61 80.72
Dividend Payout % 30% 31% 49% 41% 40% 56% 31% 31% 0% 30% 30% 30%
Compounded Sales Growth
10 Years: 10%
5 Years: 14%
3 Years: 0%
TTM: 2%
Compounded Profit Growth
10 Years: 16%
5 Years: 10%
3 Years: 58%
TTM: 133%
Stock Price CAGR
10 Years: 12%
5 Years: 15%
3 Years: 29%
1 Year: -7%
Return on Equity
10 Years: 21%
5 Years: 18%
3 Years: 30%
Last Year: 32%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 339 339 1,016 1,524 1,524 1,524 1,452 1,419 1,419 1,419 2,128 2,128
Reserves 15,683 17,631 19,331 22,424 26,651 27,438 34,734 37,258 26,294 39,611 43,830 57,719
20,335 21,167 21,250 20,991 27,240 43,021 42,916 46,591 68,005 64,120 67,448 52,659
31,193 30,442 36,882 41,878 48,432 42,035 52,205 64,940 59,395 68,643 72,814 81,364
Total Liabilities 67,551 69,579 78,479 86,817 103,847 114,019 131,307 150,207 155,114 173,792 186,221 193,870
29,063 33,108 36,132 37,972 40,979 48,290 49,901 57,134 67,539 78,799 81,388 95,897
CWIP 3,474 1,853 1,810 3,985 9,496 17,144 24,234 26,766 22,803 16,679 17,772 7,420
Investments 11,246 10,579 10,919 11,105 11,819 12,512 14,993 17,944 21,211 25,678 24,235 24,708
23,767 24,040 29,618 33,755 41,553 36,073 42,181 48,364 43,562 52,636 62,826 65,845
Total Assets 67,551 69,579 78,479 86,817 103,847 114,019 131,307 150,207 155,114 173,792 186,221 193,870

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
17,841 6,783 9,983 11,018 8,450 5,453 17,722 15,890 -3,359 23,920 14,276 36,107
-3,291 -4,354 -5,310 -7,391 -11,383 -14,166 -12,728 -12,565 -10,933 -13,412 -10,282 -11,436
-14,568 -3,719 -4,015 -4,324 2,691 8,478 -4,393 -3,119 15,477 -15,810 -4,426 -22,762
Net Cash Flow -18 -1,290 658 -697 -243 -234 601 205 1,185 -5,302 -432 1,909
Free Cash Flow 13,775 2,089 4,131 4,328 -2,807 -8,331 6,545 5,126 -12,082 14,329 5,582 28,275
CFO/OP 365% 100% 114% 121% 92% 140% 131% 170% 43% 97% 84% 131%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 6 8 8 9 8 5 11 7 6 8 10 6
Inventory Days 25 31 42 35 30 28 52 40 25 32 35 37
Days Payable 17 22 28 29 25 17 30 30 20 26 27 29
Cash Conversion Cycle 14 17 21 15 12 17 33 17 11 14 18 14
Working Capital Days -3 -8 -35 -29 -25 -34 -38 -28 -29 -33 -35 -26
ROCE % 12% 17% 24% 23% 20% 6% 20% 11% -11% 22% 12% 23%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Average Gross Refining Margin (GRM)
USD/bbl

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Market Sales
MMT
Pipeline Throughput
MMT
Refinery Crude Throughput
MMT
Total Retail Outlets
Nos.

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90%
13.99% 13.26% 14.26% 13.80% 13.22% 14.11% 14.44% 12.55% 13.55% 14.48% 16.35% 17.26%
22.33% 22.60% 21.27% 22.18% 21.47% 21.67% 21.81% 23.55% 23.16% 22.24% 20.64% 19.58%
0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00%
8.77% 9.23% 9.56% 9.10% 10.39% 9.31% 8.82% 8.98% 8.38% 8.37% 8.09% 8.24%
No. of Shareholders 3,62,3953,69,8163,48,8054,03,6585,43,3445,23,8825,08,4935,26,7544,95,6294,79,9054,62,6405,00,343

* 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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