HINDPETROOil Gas & Consumable Fuels

Hindustan Petroleum Corporation Limited

Refineries & Marketing · ISIN INE094A01015 · BSE 500104 · NSE EQ · FV ₹10
Last price
₹366
+3.93%today
What this company does

Hindustan Petroleum Corporation Limited operates in Refineries & Marketing, part of the Oil Gas & Consumable Fuels sector. It booked ₹1.39 L cr of revenue in its latest quarter (Q2 FY27) and kept 2.6% of sales as profit. It is the 4th largest of 7 Refineries & Marketing companies we track, by market value.

“expenses, assets, liabilities and the accompanying Hindustan Petroleum Corporation Limited referred to as disclosures along with contingent liabilities. Uncertainty “HPCL” or “the Corporation” was incorporated on 5th July, about these assumptions and estimates could result in 1952.”
In the report:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
54

At close. Not part of the score.

Profitability & returns72

How much profit it earns on the money it employs

Balance sheet24

How much it owes, and whether earnings cover the interest

Cash quality78

Whether reported profit actually arrives as cash

Growth & consistency48

Whether sales and profit have grown, and how steadily

Valuation90

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 26% vs last year
✓ Promoters hold 55%
✓ No promoter shares pledged
✓ Strong 28% return on equity
Watch-outs
! Thin 2.6% net margin
! Profit down 6% vs last year
! Carries high debt (D/E 1.3)
! Operating cash flow is negative

What if I invest in HINDPETRO?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹366▲ +3.93%
latest close · 2026-11-04
1-year return
+67.6%
52-wk low ₹13852-wk high ₹410
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio5.4Low
LowAverageHigh
P/B ratio1.48Moderate
Below bookModerateHigh
EV / EBITDA3.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity27.5%Strong
WeakFairStrong ▸15%
Return on capital31.5%Strong
WeakFairStrong
Net margin2.6%Thin
ThinDecentStrong
EBITDA margin6.8%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.31High
LowModerateHigh ▸1
Interest cover6.0×Strong
RiskyOkayStrong ▸5×
Current ratio0.57Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹77,953 cr
Book value
₹248
EPS
₹17.04
latest quarter
Net debt
₹68,752 cr
owes more than its cash
Enterprise value
₹1.47 L cr
EBITDA
₹38,041 cr
annualised
EBIT
₹30,426 cr
annualised
Operating margin
5.5%
Return on assets
6.8%
Earnings yield
18.61%
P/S
0.14
Sales / share
₹2,615.1
Tax rate
50.3%
Face value
₹10
Shares
212.8 cr
Working capital
₹-50,025 cr
Current assets
₹67,145 cr
Current liabilities
₹1.17 L cr
Delivery %
51.8%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Slightly cheapMedium confidence
Median of 3 models ₹437 vs market price ₹366 — price is 16% below it
Safety cushion+16.2%(target ≥ +20%)
Models span ₹312–₹741, midpoint ₹437
Model ₹437
Price ₹366
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹1.39 L cr
Other Income₹462 cr
Total Income₹1.40 L cr
Cost of Materials₹45,573 cr
Purchases of Stock-in-Trade₹74,696 cr
Inventory Change (±)₹-938 cr
Employee Benefit Expense₹711 cr
Finance Costs₹1,259 cr
Depreciation & Amortisation₹1,904 cr
Other Expenses₹10,023 cr
Total Expenses₹1.33 L cr
Profit before Tax₹6,347 cr
Tax Expense₹3,195 cr
Share of JV / Associates₹473 cr
Net Profit₹3,625 cr
Net margin on total income2.6%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹1.19 L cr85.2%
Employee benefit expense₹711 cr0.5%
Finance costs₹1,259 cr0.9%
Depreciation & amortisation₹1,904 cr1.4%
Other expenses₹10,023 cr7.2%
Tax expense₹3,195 cr2.3%
Profit for the period₹3,625 cr2.6%
Total income ₹1.40 L cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue1.24 L cr1.45 L cr1.39 L cr
Total income1.24 L cr1.46 L cr1.40 L cr
Expenses1.18 L cr1.64 L cr1.33 L cr
Profit before tax6,354 cr-18,199 cr6,347 cr
Tax1,578 cr-5,905 cr3,195 cr
Net profit (owners' share)6,065 cr-12,265 cr3,625 cr
Net margin (owners' share, on revenue)4.9%-8.4%2.6%
EPS (₹)28.50-57.6417.04
YoY (latest quarter): total income +25.8% · net profit -6.1%
Balance sheet & cash flow · as of Sep 2026
High debt
Total assets
₹2.14 L cr
Shareholder equity
₹52,688 cr
parent shareholders
Total debt
₹68,855 cr
Cash
₹104 cr
Cash flow · H1 FY27
Operating
₹-7,805 cr
Investing
₹-3,365 cr
Financing
₹15,716 cr
Peer comparison
Refineries & Marketing · by market value
CompanyPriceMarket capP/E
Reliance Industries Limited₹1,308₹17.70 L cr17.3
Indian Oil Corporation Limited₹139₹1.96 L cr2.2
Bharat Petroleum Corporation Limited₹297₹1.27 L cr6.5
Hindustan Petroleum Corporation Limitedthis company₹353₹75,006 cr5.2
Mangalore Refinery and Petrochemicals Limited₹180₹31,529 cr4.1
Chennai Petroleum Corporation Limited₹1,541₹22,941 cr2.5
Kotyark Industries Limited₹38₹435 cr17.5
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
6.62%
trailing 12 months
Dividend / share (TTM)
₹24.25
Last dividend
₹19.25
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹19.25 / share14 Aug 2026
Dividend₹5 / share6 Nov 2025
Dividend₹10.5 / share14 Aug 2025
Dividend₹11 / share9 Aug 2024
Bonus issue2:121 Jun 2024
Dividend₹15 / share7 Feb 2024
Who owns it · 2026-09-30
No pledge
Promoter
54.9%
FII / Foreign
13.1%
DII / Domestic
22.1%
Retail / others
9.9%
Smart-money activity
Bulk / block deals
short— · NSE728 Oct 26
short— · NSE19,12527 Oct 26
short— · NSE5421 Oct 26
Stake changes
BoughtHDFC Mutual Fund→ 5.05% · 15.85 L3 Feb 25
BoughtLife Insurance Corporation of India→ 5.01% · 15.97 L8 May 23
BoughtHDFC Mutual Fund→ 5.02% · 1.16 L30 Apr 21
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 26 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Standalone as well as Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and Auditors thereon
Backed by 88% of shareholders other than promotersneeded 50%
57.87 cr votes for, 7.78 cr against · 12% of mutual funds and other big investors said no
2
To confirm the payment of Interim Dividend and to declare Final Dividend of Rs. 19.25/- per equity share for the Financial Year 2025-26
Backed by 98% of shareholders other than promotersneeded 50%
64.23 cr votes for, 1.43 cr against · 2% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri K S Shetty (DIN: 09760899) who retires by rotation and being eligible, offers himself for reappointment
Backed by 62% of shareholders other than promotersneeded 50%
40.56 cr votes for, 25.10 cr against · 38% of mutual funds and other big investors said no
4
Appointment of Shri Vikram Saxena (DIN: 10892368) as a Director of the Company
Backed by 55% of shareholders other than promotersneeded 50%
36.31 cr votes for, 29.35 cr against · 45% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 54.9% between them · as of 2026-09-30
Oil And Natural Gas Corporation Limited54.90%
President of Indiano shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.