1. Hindustan Petroleum Corp
stock logo

58% Buy

Hindustan Petroleum Corp Share Price

HINDPETRO

₹478.40+₹1.10 (0.23%) Past YearLast updated on 19 Apr, 2024 | 03:59 PM IST
₹457.75₹480.50
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • F&O (Option chain)

  • More

Company overview

About

arrow

Market cap

Market Cap Switch₹66,466 Cr

Open

₹466.90

Close

₹477.30

Circuit range

₹525.00 - ₹429.60

Day range

₹457.75 - ₹480.50

Year range

₹228.00 - ₹594.80

Volume

1,05,94,361

Avg. traded

₹469.46

Revenue (12m)

₹4,54,889 Cr

Hindustan Petroleum Corp

Hindustan Petroleum Corporation Limited is a public sector undertaking that manufactures crude oil and markets petroleum products. HPCL has an umbrella of products ranging from petrol, diesel, LPG, kerosene oil and lube oil. It deals in aviation and turbojet fuel in India and selected other countries.

The journey of HPCL began in 1911 when Standard Oil Company initiated its marketing operations in India. In 1952, Standard Vaccum Refining Company of India Limited (Stanvac) was incorporated which was later renamed as ESSO Standard Refining Company of India Ltd in 1962.

In 1969, Lube India Limited commissioned a 165,000 metric tonnes per annum (TMTPA) refinery at Mumbai. The government by amalgamating Lube India and Stanvac formed HPCL as a public sector undertaking from 1974-78. Then, from 1974-78, ESSO, Caltex, and Lube India's nationalisation gave rise to the current Hindustan Petroleum Corporation Limited.

The government formed HPCL as a public sector undertaking from 1974-78. In 1969, Lube India, a company that is now dissolved under HPCL, laid the foundation for the first refinery for HPCL in Mumbai. Then, from 1974-78, ESSO, Caltex, and Lube India's nationalisation gave rise to the current Hindustan Petroleum Corporation Limited.

The company opened two other refineries in 1985 and 1996 at Visakhapatnam and Mangaluru (joint venture). HPCL also expanded its domain to gas pipelines between Visakhapatnam and Vijaywada in Andhra Pradesh in 1998. In 2012, it commissioned a joint venture, 9 MMTA refinery at Bathinda in Punjab to increase its supply further. The company extended the Mangalore-Hassan-Mysore-Yediyur LPG pipeline in 2017, which marked a huge accomplishment for the company.

HPCL was awarded the Maharatna status in 2019 for serving Indian consumers and achieving a huge refinery and petrochemical production capacity.

The market capitalisation of HPCL is over ₹63,900 crore as of January 12, 2024. HPCL’s share price has gained over 100% in the last three years.

Business Operations

HPCL is currently operating in the crude oil refinery and petrochemical products business. The company has two self-owned refineries in Mumbai and Visakhapatnam. It has two more joint venture refineries called HPCL-Mittal Energy Limited (HMEL) and Mangalore Refinery and Petrochemicals Limited (MRPL). In HMEL, HPCL holds a 48.99% equity stake. HMEL operates an 11.3 MMTPA capacity Refinery at Bathinda. The company also own a 16.96% equity stake in MRP).

HPCL is also in the process of setting up a refinery in Rajasthan’s Barmer through another join venture company HPCL Rajasthan Refinery Limited (HRRL). HPCL has a stake of 74% in this joint venture.

It has a lube refinery in Mumbai with a production capacity of 428,000 metric tonnes (TMT). The company has a pipeline network of over 4,400 km. HPCL has joined the green initiative and has an R&D centre in Bengaluru.

HPCL has over 21,000 retail outlets for crude oil products like petrol and diesel. The company has over 6300 LPG distributors across all the states and Union Territories of the country.

The company is working to expand towards more sustainable practices with the shift towards greener initiatives. The company has provided over 2300 EV charging stations across the country. HPCL also has 1,540 CNG outlets, which is increasing further.

Financial highlights

– HPCL’s company's revenue from operations for FY23 stood at ₹4,66,499 crore, up by 25% compared to ₹3,74,127 crore in FY22. – Net loss of the company for FY23 stood at ₹6,980 crore as against a net profit of ₹7,294 crore for the previous year. – The earnings per share (EPS) for FY23 was negative ₹49.21 compared to ₹51.36 in the previous financial year.

Read more

Hindustan Petroleum Corp Key indicators

arrow

52 week high

₹594.80

52 week low

₹228.00

P/E ratio

4

P/B ratio

1.49

ROE

-27.03%

ROCE

-11.24%

Dividend yield

--

Debt/Equity ratio

2.33

EPS

-63.26

Learn more

Investment checklist: (4/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

58%

Hold

26%

Sell

16%

This analysis is based on the reviews of 31 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

-1.16%

Net profit margin

-1.91%

ROE

-27.03%

ROA

-5.89%

ROCE

-11.24%

Learn more

Hindustan Petroleum Corp Shareholder returns

arrow

1 day

+0.24%

1 week

+1.22%

1 month

-0.06%

3 months

+3.48%

1 year

+108.24%

3 years

+98.08%

5 years

+77.05%

Revenue statement

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Hindustan Petroleum Corp Share Price history

arrow
DayOpenCloseDay’s change
Thu, Apr 18 2024
₹479.25
₹477.30
-0.41%
Tue, Apr 16 2024
₹462.50
₹468.55
+1.29%
Mon, Apr 15 2024
₹472.00
₹467.45
-0.97%
Fri, Apr 12 2024
₹487.00
₹478.25
-1.83%
Wed, Apr 10 2024
₹459.50
₹487.45
+5.73%
Tue, Apr 9 2024
₹463.95
₹458.85
-1.11%
Mon, Apr 8 2024
₹465.00
₹462.90
-0.45%
Fri, Apr 5 2024
₹457.00
₹461.20
+0.91%

Shareholding info

arrow

Promoters (54.9%)

Mutual Funds (14.1%)

Retail and other (9.56%)

Foreign institutions-FII (14.26%)

Other domestic institutions (7.18%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹15/share

    Ex date 07 Feb 2024

    expand tab
  • Dividend • ₹14/share

    Ex date 22 Aug 2022

    expand tab

Learn more

Frequently asked questions