Hindustan Petroleum Corporation Ltd
NSE: HINDPETRO BSE: 500104Energy
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]
₹358
52W: ₹316 — ₹508
PE 4.43 · Book ₹281 · +27% vs bookMarket Cap₹76,240 Cr
Stock P/E4.43Price to Earnings
ROCE23.1%Return on Capital
ROE32.5%Return on Equity
Div. Yield2.98%Face Value ₹10
Strengths
- +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%
Shareholding Pattern
Promoters54.9%
FIIs17.26%
DIIs19.58%
Public8.24%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 54.9% | 54.9% | 54.9% | 54.9% | 54.9% | 54.9% | 54.9% | 54.9% |
| FIIs | 13.22% | 14.11%▲0.9 | 14.44%▲0.3 | 12.55%▼1.9 | 13.55%▲1.0 | 14.48%▲0.9 | 16.35%▲1.9 | 17.26%▲0.9 |
| DIIs | 21.47% | 21.67%▲0.2 | 21.81%▲0.1 | 23.55%▲1.7 | 23.16%▼0.4 | 22.24%▼0.9 | 20.64%▼1.6 | 19.58%▼1.1 |
| Public | 10.39% | 9.31%▼1.1 | 8.82%▼0.5 | 8.98%▲0.2 | 8.38%▼0.6 | 8.37%▼0.0 | 8.09%▼0.3 | 8.24%▲0.2 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,11,306 | 1,14,557 | 1,13,823 | 99,926 | 1,10,505 | 1,09,492 | 1,10,767 | 1,00,781 | 1,15,054 | 1,14,846 |
| Expenses | 1,09,143 | 1,09,753 | 1,11,697 | 97,202 | 1,04,535 | 1,03,696 | 1,03,166 | 93,890 | 1,08,034 | 1,05,868 |
| Operating Profit | 2,164 | 4,804 | 2,126 | 2,724 | 5,970 | 5,797 | 7,602 | 6,891 | 7,019 | 8,978 |
| OPM % | 2% | 4% | 2% | 3% | 5% | 5% | 7% | 7% | 6% | 8% |
| Net Profit | 529 | 2,843 | 356 | 631 | 3,023 | 3,355 | 4,371 | 3,830 | 4,072 | 4,902 |
| EPS ₹ | 2.49 | 13.36 | 1.67 | 2.97 | 14.21 | 15.77 | 20.54 | 18 | 19.14 | 23.04 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹4,41,448Cr, up 1.8% YoY. OPM at 7%.
Debt Position
Borrowings at ₹52,659Cr. Debt-to-equity ratio: 0.91x. Moderate leverage.
Capex Cycle
CWIP at ₹7,420Cr (8% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 19.58% (-2.75pp change). FIIs: 17.26% (+3.27pp change). Promoters hold 54.9%.
Margin & Efficiency
ROCE improving from 12% (Mar 2015) to 23% (Mar 2026). Working capital days: -26.
Valuation
PE 4.43x with 23.1% ROCE. Price is 27% above book value of ₹281. Dividend yield: 2.98%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 14 May - Copy of Newspaper Advertisement published regarding Audited Financial Results of the Company for the quarter/period ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 May - HPCL shared audio recording of its May 13, 2026 post-earnings conference call.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 May - Public Notice - Special Window for Lodgement of Transfer requests of Physical Shares in reference to SEBI Circular dated January 30, 2026.
- Announcement under Regulation 30 (LODR)-Investor Presentation 13 May
- Record Date For Final Equity Dividend 13 May - HPCL approved FY26 audited results, recommended ₹19.25 final dividend, record date August 14, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse