Hindustan Petroleum Corporation Ltd

Hindustan Petroleum Corporation Ltd

₹ 478 0.23%
19 Apr - 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[1]

<h1>Operating in India for 100+ Years</h1> <h1>Owns & Operates Largest Lube Refinery In India</h1> <h1>2nd largest Cross Country Product Pipeline Network</h1> <h1>2nd largest Retail Network Holder</h1> <h1>2nd largest LPG Marketer</h1>
  • Market Cap 67,870 Cr.
  • Current Price 478
  • High / Low 595 / 238
  • Stock P/E 4.50
  • Book Value 277
  • Dividend Yield 3.14 %
  • ROCE -10.8 %
  • ROE -27.0 %
  • Face Value 10.0

Pros

Cons

  • Company has a low return on equity of 7.71% 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.

Peer comparison

Sector: Refineries Industry: Refineries

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
68,659 74,843 72,443 83,064 96,602 97,573 114,455 108,417 109,603 107,928 111,961 95,701 111,306
65,358 70,177 69,250 80,265 94,732 94,841 126,949 109,915 107,932 103,129 102,306 87,484 109,143
Operating Profit 3,302 4,666 3,193 2,800 1,871 2,732 -12,495 -1,498 1,672 4,799 9,655 8,217 2,164
OPM % 5% 6% 4% 3% 2% 3% -11% -1% 2% 4% 9% 9% 2%
865 545 372 663 550 964 340 281 289 1,160 628 344 556
Interest 127 205 254 154 236 328 333 595 682 523 588 579 614
Depreciation 881 937 914 947 1,025 1,083 1,094 1,081 1,110 1,044 1,364 1,240 1,338
Profit before tax 3,158 4,069 2,397 2,361 1,161 2,285 -13,582 -2,893 168 4,392 8,331 6,742 768
Tax % 25% 26% 25% 19% 25% 21% 25% 25% -2% 27% 26% 24% 31%
2,355 3,018 1,795 1,924 869 1,795 -10,197 -2,172 172 3,223 6,204 5,118 529
EPS in Rs 15.71 20.73 12.65 13.56 6.12 12.66 -71.88 -15.31 1.22 22.72 43.73 36.08 3.73
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
178,336 206,722 223,352 206,626 177,701 187,091 219,333 275,215 268,766 232,997 349,683 440,403 426,896
174,099 203,019 218,104 201,531 169,706 176,440 208,580 263,812 263,643 217,071 339,507 447,925 402,062
Operating Profit 4,237 3,703 5,248 5,096 7,995 10,650 10,753 11,402 5,123 15,925 10,176 -7,522 24,834
OPM % 2% 2% 2% 2% 4% 6% 5% 4% 2% 7% 3% -2% 6%
919 1,168 906 1,744 1,089 1,442 1,769 1,675 835 2,789 2,970 2,069 2,689
Interest 2,224 1,413 1,336 707 654 536 567 726 1,082 915 973 2,132 2,304
Depreciation 1,713 1,984 2,202 1,979 2,653 2,535 2,753 3,013 3,304 3,553 3,969 4,330 4,985
Profit before tax 1,219 1,475 2,616 4,154 5,777 9,021 9,202 9,339 1,573 14,247 8,204 -11,915 20,233
Tax % 25% 39% 34% 34% 36% 31% 31% 35% -68% 25% 22% 25%
911 905 1,734 2,733 3,726 6,209 6,357 6,029 2,637 10,664 6,383 -8,974 15,074
EPS in Rs 5.98 5.94 11.38 17.94 24.45 40.75 41.72 39.56 17.31 73.25 44.99 -63.26 106.26
Dividend Payout % 32% 32% 30% 30% 31% 49% 41% 40% 56% 31% 31% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 15%
3 Years: 18%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 245%
Stock Price CAGR
10 Years: 21%
5 Years: 12%
3 Years: 27%
1 Year: 100%
Return on Equity
10 Years: 16%
5 Years: 11%
3 Years: 8%
Last Year: -27%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 339 339 339 339 339 1,016 1,524 1,524 1,524 1,452 1,419 1,419 1,419
Reserves 12,784 13,387 14,673 15,683 17,631 19,331 22,424 26,651 27,438 34,734 37,258 26,294 37,825
29,831 33,788 32,166 20,335 21,167 21,250 20,991 27,240 43,021 42,916 46,591 68,005 55,267
28,156 28,730 30,815 31,193 30,442 36,882 41,878 48,432 42,039 52,205 64,941 58,814 74,882
Total Liabilities 71,110 76,245 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 154,532 169,393
20,850 22,549 25,912 29,063 33,108 36,132 37,972 40,979 48,290 49,901 57,134 67,539 69,977
CWIP 4,444 5,173 4,586 3,474 1,853 1,810 3,985 9,496 17,144 24,234 26,766 22,803 22,605
Investments 10,370 10,627 10,860 11,246 10,579 10,919 11,105 11,819 12,512 14,993 17,944 21,211 23,615
35,445 37,896 36,636 23,767 24,040 29,618 33,755 41,553 36,076 42,181 48,365 42,980 53,196
Total Assets 71,110 76,245 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 154,532 169,393

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2,226 896 8,808 17,841 6,783 9,983 11,018 8,450 5,453 17,722 15,890 -3,359
-2,864 -3,371 -3,779 -3,291 -4,354 -5,310 -7,391 -11,383 -14,166 -12,728 -12,565 -10,933
1,060 1,409 -5,681 -14,568 -3,719 -4,015 -4,324 2,691 8,478 -4,393 -3,119 15,477
Net Cash Flow 423 -1,066 -653 -18 -1,290 658 -697 -243 -234 601 205 1,185

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 7 9 9 6 8 8 9 8 5 11 7 6
Inventory Days 43 31 33 25 31 42 35 30 28 52 40 25
Days Payable 28 21 19 17 22 28 29 25 17 30 30 20
Cash Conversion Cycle 22 19 23 14 17 21 15 12 17 33 17 11
Working Capital Days 25 28 25 1 -1 -14 -11 -7 -12 -13 -15 -14
ROCE % 9% 6% 9% 12% 17% 24% 23% 20% 6% 20% 11% -11%

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90%
17.84% 18.29% 20.19% 19.90% 18.21% 16.74% 15.65% 14.36% 13.99% 13.26% 14.26% 13.80%
16.28% 15.93% 15.12% 15.09% 16.41% 17.98% 19.63% 21.40% 22.33% 22.60% 21.27% 22.18%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01%
10.98% 10.88% 9.78% 10.11% 10.47% 10.37% 9.81% 9.33% 8.77% 9.23% 9.56% 9.10%
No. of Shareholders 3,23,8783,55,2623,47,3903,95,0224,14,4144,18,9254,03,7813,85,5623,62,3953,69,8163,48,8054,03,658

* 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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