Hindustan Petroleum Corporation Ltd
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]
- Market Cap ₹ 95,826 Cr.
- Current Price ₹ 450
- High / Low ₹ 495 / 288
- Stock P/E 6.88
- Book Value ₹ 267
- Dividend Yield 2.33 %
- ROCE 10.5 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 20.4%
Cons
- The company has delivered a poor sales growth of 10.0% over past five years.
- Company has a low return on equity of 12.6% over last 3 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
Energy Oil, Gas & Consumable Fuels Petroleum Products Refineries & Marketing
Part of BSE 500 BSE 200 BSE Dollex 200 BSE PSU Nifty 500
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 234,237 | 216,648 | 177,910 | 187,493 | 219,510 | 275,491 | 269,092 | 233,248 | 349,913 | 440,709 | 433,857 | 434,106 | 431,922 | |
| 228,875 | 211,916 | 169,575 | 176,607 | 208,732 | 263,963 | 263,887 | 217,194 | 339,669 | 447,916 | 408,929 | 417,658 | 406,319 | |
| Operating Profit | 5,363 | 4,733 | 8,335 | 10,886 | 10,778 | 11,527 | 5,204 | 16,055 | 10,244 | -7,207 | 24,928 | 16,448 | 25,603 |
| OPM % | 2% | 2% | 5% | 6% | 5% | 4% | 2% | 7% | 3% | -2% | 6% | 4% | 6% |
| 1,366 | 1,836 | 1,970 | 3,697 | 2,785 | 2,383 | 679 | 2,731 | 3,897 | 3,957 | 3,725 | 2,072 | 2,608 | |
| Interest | 2,393 | 1,841 | 723 | 609 | 618 | 786 | 1,139 | 963 | 997 | 2,174 | 2,556 | 3,365 | 3,329 |
| Depreciation | 3,011 | 2,497 | 2,846 | 2,776 | 2,834 | 3,085 | 3,370 | 3,625 | 4,000 | 4,560 | 5,596 | 6,154 | 6,357 |
| Profit before tax | 1,325 | 2,231 | 6,735 | 11,197 | 10,110 | 10,039 | 1,374 | 14,197 | 9,144 | -9,984 | 20,500 | 9,000 | 18,524 |
| Tax % | 19% | 33% | 31% | 26% | 29% | 33% | -92% | 25% | 20% | -30% | 22% | 25% | |
| 1,080 | 1,489 | 4,675 | 8,236 | 7,218 | 6,691 | 2,639 | 10,663 | 7,294 | -6,980 | 16,015 | 6,736 | 13,929 | |
| EPS in Rs | 4.73 | 6.56 | 20.45 | 36.03 | 31.58 | 29.27 | 11.54 | 48.83 | 34.28 | -32.80 | 75.26 | 31.66 | 65.46 |
| Dividend Payout % | 49% | 55% | 25% | 37% | 36% | 36% | 56% | 31% | 27% | 0% | 28% | 33% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | 7% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 15% |
| 3 Years: | -2% |
| TTM: | 232% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 26% |
| 3 Years: | 43% |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 17% |
| 3 Years: | 13% |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 339 | 339 | 339 | 1,016 | 1,524 | 1,524 | 1,524 | 1,452 | 1,419 | 1,419 | 1,419 | 2,128 | 2,128 |
| Reserves | 13,660 | 13,585 | 16,325 | 20,055 | 24,008 | 28,876 | 29,456 | 36,628 | 39,985 | 30,844 | 45,502 | 49,016 | 54,761 |
| 47,995 | 36,916 | 22,160 | 22,130 | 21,952 | 28,192 | 44,001 | 43,709 | 48,498 | 70,671 | 66,684 | 70,558 | 63,095 | |
| 35,002 | 34,905 | 30,729 | 37,127 | 42,197 | 48,762 | 41,935 | 52,438 | 64,774 | 59,034 | 69,188 | 73,067 | 73,905 | |
| Total Liabilities | 96,996 | 85,745 | 69,553 | 80,329 | 89,681 | 107,354 | 116,918 | 134,228 | 154,676 | 161,968 | 182,794 | 194,770 | 193,889 |
| 38,966 | 45,425 | 34,086 | 36,876 | 38,695 | 41,642 | 48,952 | 50,912 | 58,126 | 68,387 | 79,763 | 86,179 | 86,010 | |
| CWIP | 6,157 | 3,950 | 1,914 | 1,867 | 4,011 | 9,519 | 17,170 | 25,336 | 28,907 | 25,607 | 20,078 | 17,967 | 18,889 |
| Investments | 5,691 | 6,113 | 9,185 | 11,773 | 12,882 | 14,297 | 14,396 | 15,093 | 18,867 | 23,689 | 29,540 | 27,046 | 27,233 |
| 46,183 | 30,257 | 24,368 | 29,811 | 34,094 | 41,896 | 36,400 | 42,887 | 48,775 | 44,284 | 53,413 | 63,577 | 61,757 | |
| Total Assets | 96,996 | 85,745 | 69,553 | 80,329 | 89,681 | 107,354 | 116,918 | 134,228 | 154,676 | 161,968 | 182,794 | 194,770 | 193,889 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7,007 | 19,410 | 6,651 | 10,254 | 11,037 | 8,554 | 5,469 | 17,829 | 15,810 | -3,466 | 23,852 | 14,228 | |
| -5,152 | -5,667 | -4,272 | -5,304 | -7,398 | -11,382 | -14,168 | -12,279 | -13,745 | -11,384 | -13,019 | -10,557 | |
| -1,256 | -14,699 | -3,674 | -4,239 | -4,423 | 2,598 | 8,452 | -4,709 | -2,066 | 16,025 | -16,155 | -4,138 | |
| Net Cash Flow | 600 | -956 | -1,295 | 712 | -784 | -230 | -247 | 841 | -1 | 1,175 | -5,322 | -467 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 10 | 7 | 8 | 8 | 9 | 8 | 5 | 11 | 7 | 6 | 8 | 10 |
| Inventory Days | 42 | 29 | 31 | 42 | 35 | 30 | 29 | 53 | 40 | 25 | 32 | 35 |
| Days Payable | 25 | 23 | 22 | 28 | 30 | 25 | 17 | 30 | 30 | 20 | 26 | 28 |
| Cash Conversion Cycle | 27 | 13 | 17 | 21 | 15 | 12 | 17 | 33 | 17 | 11 | 14 | 18 |
| Working Capital Days | -5 | -8 | -9 | -35 | -29 | -25 | -34 | -38 | -29 | -30 | -33 | -35 |
| ROCE % | 6% | 7% | 17% | 29% | 24% | 20% | 5% | 19% | 12% | -8% | 21% | 11% |
Documents
Announcements
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Cancellation Of Investors/ Analyst Meet Scheduled On Saturday, December 06, 2025 From 09:00 AM Onwards
1d - Hindustan Petroleum cancels Investors/Analyst Meet scheduled December 6, 2025 in Visakhapatnam.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Dec - HPCL Investor/Analyst meet at Visakhapatnam on December 06, 2025, organized with Antique Stock Broking Ltd.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Dec - Public Notice to shareholders requesting them to claim their Unclaimed Dividend(s) before the due date for transfer of dividend(s)/shares to Investor Education and Protection Fund …
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Communication To Shareholders For Claiming Unclaimed Dividend(S) Before Transfer To Investor Education And Protection Fund Authority (IEPFA).
28 Nov - HPCL notifies shareholders to claim unclaimed dividends (FY2018-19 to FY2024-25); deadline Feb 15, 2026; transfer to IEPFA.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - ESG Rating
17 Nov - SES ESG Research assigned ESG rating 62.2 to HindPetro; company didn't engage rater.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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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
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Financial Year 2012
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Financial Year 2011
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Concalls
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Oct 2025Transcript PPT
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT REC
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May 2024TranscriptAI SummaryPPTREC
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Nov 2023Transcript PPT REC
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Mar 2023TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Dec 2018TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Jun 2017TranscriptAI SummaryPPT
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Aug 2016TranscriptAI SummaryPPT
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Jul 2016TranscriptAI SummaryPPT
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]