MarketFriction

Hindustan Petroleum Corporation Ltd

NSE HINDPETRO · BSE 500104 · Refineries & Marketing
₹345.00 -1.53%
NSE close2026-10-01
52 week range316.20 - 508.45
Market cap₹74,304 Cr.
P/E44.5
Nifty 200Nifty 500Nifty Midcap 50Nifty Midcap 100Midcap 150Nifty EnergyNifty Oil & GasNifty PSENifty InfrastructureNifty Commodities No price band Delivery 53.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales95,752111,348114,678113,88899,957110,608109,633110,825100,856115,153114,937140,584
Expenses87,512109,187109,796111,80097,661105,113103,845103,36594,003108,155105,726156,707
Operating Profit8,2402,1604,8822,0892,2965,4955,7887,4616,8526,9989,211-16,122
OPM %9%1.9%4.3%1.8%2.3%5.0%5%7%7%6%8%-11%
Other Income1,0407915949335264629305077157271,910648
Interest5906207207339449317578178247341,020818
Depreciation1,2471,3451,6321,4841,5301,5181,6231,6041,6121,6742,4571,878
Profit before tax7,4439863,1248053483,5094,3385,5475,1315,3177,644-18,170
Tax %22%28%13%21%59%28%21%26%25%25%21%-32%
Net Profit5,8277132,7096341432,5443,4154,1113,8594,0116,065-12,265
EPS in Rs27.383.3512.732.980.6711.9516.0519.3218.1418.8528.50-57.64
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales177,910187,493219,510275,491269,092233,248349,913440,709433,857434,106441,771471,530
Expenses169,575176,607208,732263,963263,887217,194339,669447,901408,929417,658411,126464,592
Operating Profit8,33510,88610,77811,5275,20416,05510,244-7,19224,92816,44830,6456,938
OPM %4.7%6%4.9%4.2%1.9%7%2.9%-1.6%6%3.8%7%1.5%
Other Income1,9703,6972,7852,3836792,7313,8973,9423,7252,0723,7364,001
Interest7236096187861,1399639972,1742,5563,3653,3963,397
Depreciation2,8462,7762,8343,0853,3703,6254,0004,5605,5966,1547,3477,621
Profit before tax6,73511,19710,11010,0391,37414,1979,144-9,98420,5009,00023,638-79
Tax %31%26%29%33%-92%25%20%-30%22%25%24%
Net Profit4,6758,2367,2186,6912,63910,6637,294-6,98016,0156,73618,0471,671
EPS in Rs20.4536.0331.5829.2711.5448.8334.28-32.8075.2631.6684.817.85
Dividend Payout %25%37%36%36%56%31%27%0%28%33%29%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%14%0%9%
Compounded Profit Growth14%11%66%-84%
Stock Price CAGR6%12%27%-21%
Return on Equity22%18%28%31%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital3393391,0161,5241,5241,5241,4521,4191,4191,4192,1282,128
Reserves13,58516,32520,05524,00828,87629,45636,62839,98530,84445,50249,01663,428
Borrowings36,91622,16022,13021,95228,19244,00143,70948,49870,67166,68470,55855,964
Other Liabilities34,90530,72937,12742,19748,76241,93552,43864,77458,45269,18873,06781,544
Total Liabilities85,74569,55380,32989,681107,354116,918134,228154,676161,387182,794194,770203,064
Fixed Assets45,42534,08636,87638,69541,64248,95250,91258,12668,38779,76386,179100,430
CWIP3,9501,9141,8674,0119,51917,17025,33628,90725,60720,07817,9678,033
Investments6,1139,18511,77312,88214,29714,39615,09318,86723,68929,54027,04628,012
Other Assets30,25724,36829,81134,09441,89636,40042,88748,77543,70353,41363,57766,590
Total Assets85,74569,55380,32989,681107,354116,918134,228154,676161,387182,794194,770203,064
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity19,4106,65110,25411,0378,5545,46917,82915,810-3,46623,85214,23136,111
Cash from Investing Activity-5,667-4,272-5,304-7,398-11,382-14,168-12,279-13,745-11,384-13,019-10,559-11,404
Cash from Financing Activity-14,699-3,674-4,239-4,4232,5988,452-4,709-2,06616,025-16,155-4,139-22,770
Net Cash Flow-956-1,295712-784-230-247841-11,175-5,322-4671,936
Free Cash Flow13,0971,8274,4004,334-2,713-8,3256,2223,782-12,64613,9064,81427,999
CFO/OP427%94%114%121%92%138%131%168%46%97%84%131%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days78898511768106
Inventory Days293142353029534025323538
Days Payable232228302517303020262830
Cash Conversion Cycle131721151217331711141814
Working Capital Days-8-9-35-29-25-34-38-29-30-33-35-29
ROCE %7%17%29%24%20%5%19%12%-8%21%11%22%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%
FIIs13.26%14.26%13.80%13.22%14.11%14.44%12.55%13.55%14.48%16.35%17.26%13.58%
DIIs22.60%21.27%22.18%21.47%21.67%21.81%23.55%23.16%22.24%20.64%19.58%22.85%
Government0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.00%0.00%0.00%0.00%0.00%
Public9.23%9.56%9.10%10.39%9.31%8.82%8.98%8.38%8.37%8.09%8.24%8.65%
No. of Shareholders3,69,8163,48,8054,03,6585,43,3445,23,8825,08,4935,26,7544,95,6294,79,9054,62,6405,00,3435,18,531

Fundamentals

Market Cap₹ 74,304 Cr.
Current Price₹ 349
Stock P/E44.5
Book Value₹ 308
ROCE22.2 %
ROE30.9 %
Dividend Yield6.94 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)9%
Compounded Profit Growth (TTM)-84%
Consolidated figures.
Valuation
Market capRs 73,410 Cr
Enterprise valueRs 129,203 Cr
P/E (TTM)43.92x
Price to book1.12x
Price to sales0.16x
EV / EBITDA11.81x
EV / EBIT38.94x
EV / sales0.27x
Price to cash flow2.03x
Earnings yield2.28%
Dividend yield7.03%
P/E, 3-year average6.05x
P/B, 3-year average1.18x
P/E, 5-year average5.41x
P/B, 5-year average0.97x
Profitability
Operating margin (excl. other income)6.94%
Operating margin (incl. other income)7.78%
EBITDA margin2.32%
Pre-tax margin-0.02%
Net profit margin0.35%
Net margin, latest quarter-8.72%
ROE30.93%
ROCE22.23%
ROA9.07%
ROE, 3-year average28.37%
ROCE, 3-year average18.01%
ROA, 3-year average7.32%
ROE, 5-year average16.90%
ROCE, 5-year average11.55%
ROA, 5-year average4.52%
ROIC (approx.)2.09%
Tax rate23.65%
Other income / net worth5.70%
Growth
Sales growth (latest year)1.77%
Profit growth (latest year)167.93%
Sales CAGR, 3 years0.08%
Sales CAGR, 5 years13.63%
Profit CAGR, 5 years11.10%
Sales growth QoQ22.31%
Profit growth QoQ-302.21%
Sales growth YoY (latest quarter)26.85%
Profit growth YoY (latest quarter)-398.34%
Per share
EPS (TTM)Rs 7.85
EPS (latest year)Rs 84.81
EPS (latest quarter)Rs -57.64
EPS, 3-year averageRs 76.43
EPS, 5-year averageRs 46.30
Book value per shareRs 308.09
Sales per shareRs 2,216.02
Cash flow per shareRs 169.71
Free cash flow per shareRs 131.59
Dividend per share (latest year)Rs 24.25
Dividend per share, 3-year averageRs 22.08
Dividend per share, 5-year averageRs 20.06
Dividends
Dividend payout28.60%
Dividend payout, 3-year average29.89%
Dividend payout, 5-year average29.23%
Efficiency
Asset turnover2.18x
Fixed asset turnover4.40x
Inventory turnover10.12x
Inventory days36 days
Debtor days6 days
Debtors turnover59.67x
Creditor days30 days
Cash conversion cycle14 days
Working capital days-29 days
Leverage
Total debtRs 55,964 Cr
Cash and bankRs 171 Cr
Net debtRs 55,794 Cr
Debt to equity0.85x
Net debt / EBITDA5.10x
Interest coverage0.98x
Current ratio (filing 2026-03-31)0.64x
Quick ratio (filing 2026-03-31)0.19x
Trade payables (filing 2026-03-31)Rs 31,194 Cr
Owners' fund to total sources32.28%
Debt to assets27.56%
Cash flow
Cash from Operating Activity (latest year)Rs 36,111 Cr
Cash from Investing Activity (latest year)Rs -11,404 Cr
Cash from Financing Activity (latest year)Rs -22,770 Cr
Net Cash Flow (latest year)Rs 1,936 Cr
Free cash flow (latest year)Rs 27,999 Cr
FCFE (approx.: FCF + change in debt)Rs 13,405 Cr
Cash from ops / profit, 5 years2.10x
Sales to cash flow12.23x
Statement figures
Net sales (TTM)Rs 471,530 Cr
Net sales (latest year)Rs 441,771 Cr
Sales (latest quarter)Rs 140,584 Cr
Operating profit excl. other income (latest year)Rs 30,645 Cr
Operating profit (latest quarter)Rs -16,122 Cr
Other income (TTM)Rs 4,001 Cr
EBITDA (TTM)Rs 10,939 Cr
PBDT (TTM)Rs 7,542 Cr
Profit before tax (TTM)Rs -79 Cr
Tax (latest year)Rs 5,591 Cr
Net profit (TTM)Rs 1,671 Cr
Net profit (latest year)Rs 18,047 Cr
Net profit (latest quarter)Rs -12,265 Cr
Depreciation (TTM)Rs 7,621 Cr
Depreciation (latest quarter)Rs 1,878 Cr
Interest (TTM)Rs 3,397 Cr
Cost of goods sold (latest year)Rs 400,449 Cr
Total expenditure (latest year)Rs 411,126 Cr
Total income (latest year)Rs 445,508 Cr
Share capitalRs 2,128 Cr
ReservesRs 63,428 Cr
Shareholders' fundsRs 65,556 Cr
Total assetsRs 203,064 Cr
Net blockRs 100,430 Cr
Capital work in progressRs 8,033 Cr
InvestmentsRs 28,012 Cr
ReceivablesRs 7,404 Cr
InventoryRs 39,584 Cr
Other liabilitiesRs 81,544 Cr
Shares outstanding (crore)212.78
Ownership
Promoter holding54.90% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 43.9 is at the 97th percentile of its own 8.4-year range (median 5.5, low 3.0, high 46.6).
P/B 1.12 is at the 35th percentile (median 1.29).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodHINDPETRONifty 50Difference
1 week-1.5%-2.8% +1.2 pts
1 month-5.0%-6.8% +1.8 pts
3 months-13.6%-7.6% -6.0 pts
6 months+2.9%+0.4% +2.5 pts
1 year-18.5%-9.9% -8.6 pts
2 years-14.5%-13.6% -0.9 pts
3 years+103.0%+14.2% +88.8 pts
5 years+73.1%+27.9% +45.2 pts
249 mutual fund schemes hold about ₹14,086 Cr. Over three months 87 bought more and 73 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
HDFC Mid Cap Fund2.05%2,225 +5%
ICICI Pru Large & Mid Cap Fund2.54%853 +100%
Kotak Mid Cap Fund1.19%845 +2%
HDFC Balanced Advantage Fund0.60%645 +7%
Kotak Large & Mid Cap Fund1.58%512 +4%
ICICI Pru Mid Cap Fund4.50%378 +42%
ICICI Pru Mid Cap Fund4.50%358 +42%
ICICI Pru Commodities Fund8.35%357 +53%
Nippon India Growth Mid Cap Fund0.65%342 -15%
Aditya Birla SL Flexi Cap Fund1.07%311 -1%
Mirae Asset Large & Midcap Fund0.61%281 +6%
DSP Large & Mid Cap Fund1.49%275 +11%
HDFC Large & Mid Cap Fund0.88%267 +4%
HDFC Flexi Cap Fund0.23%257 +8%
DSP Midcap Fund1.22%256 +3%
ICICI Pru Multi Cap Fund1.16%227 +22%
ICICI Pru Multi Cap Fund1.16%218 +22%
Edelweiss Mid Cap Fund1.03%205 -4%
ICICI Pru Balanced Advantage Fund(M0.26%194 +44%
HDFC Manufacturing Fund1.82%193 +3%
Bandhan Large & Mid Cap Fund0.91%191 -4%
Kotak Arbitrage Fund(M0.25%188 -43%
HDFC Multi Cap Fund0.84%174 +5%
Sundaram Mid Cap Fund1.16%172 +1%
Sundaram Mid Cap Fund1.16%168 +1%

Red flags

F-score 7 of 8
lookAuditor change Auditor change 2026-09-08: Hindustan Petroleum Corporation Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹140,584 Cr +26.9% vs Jun 2025. Net loss ₹12,265 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-08-14Dividend - Rs 19.25 Per Share
2025-11-06Interim Dividend - Rs 5 Per Share
2025-08-14Dividend - Rs 10.50 Per Share
2024-08-09Dividend - Rs 11 Per Share
2024-06-21Bonus 1:20.6667
2024-02-07Interim Dividend - Rs 15 Per Share
2022-08-22Dividend - Rs 14 Per Share
2021-07-08 Dividend - Rs 22.75 Per Share
2020-07-02 Dividend - Rs 9.75 Per Share
2019-06-06 Dividend Rs - 9.40 Per Share
2019-02-14 Interim Dividend - Rs 6.50 Per Share
2018-06-28 Dividend- Rs 2.50 Per Share
2018-02-28 Interim Dividend - 14.50 Per Share
2017-07-11 Bonus 1:2/ Dividend - Rs 1.10 Per Share0.6667
2017-03-24 Interim Dividend Rs 6.40 Per Share
2017-03-01 Interim Dividend Rs 22.50 Per Share
2016-09-14 Bonus 2:10.3333
2016-07-28 Annual General Meeting/ Dividend -Rs 16/- Per Share
2016-03-17 Interim Dividend - Rs 7/- Per Share (Purpose Revised)
2016-02-11 Interim Dividend Rs 11.50 Per Share
2015-09-02 Annual General Meeting/ Dividend - Rs 24.50/- Per Share
2014-08-12Annual General Meeting / Final Dividend - Rs 15.50/- Per Share
2013-08-14Annual General Meeting And Dividend Rs.8.50 Per Share
2012-08-30Annual General Meeting/ Dividend Rs 8.50 Per Share
2011-09-08Dividend-Rs.14/- Per Share
2010-09-03Annual General Meeting And Final Dividend Rs.12/- Per Share
2009-08-13Agm/Div-Rs.5.25 Per Share
2008-09-02Agm/Dividend - 30%
2007-08-17Agm/Final Dividend-120%
2006-12-27Interim Dividend-60% Purpose Revised
2006-08-18Agm/Dividend-30%
DateTypeWhat it says
2026-10-01Change in ManagementChange in Management
2026-09-26General UpdatesGeneral Updates
2026-09-25General UpdatesGeneral Updates
2026-09-18General UpdatesGeneral Updates
2026-09-16Concall / analyst meetSchedule of meet
2026-09-11Concall / analyst meetSchedule of meet
2026-09-10General UpdatesGeneral Updates
2026-09-08Change in AuditorsChange in Auditors of the company.
2026-09-08General UpdatesGeneral Updates
2026-09-03Concall / analyst meetSchedule of meet
2026-09-01Change in ManagementChange in Management
2026-08-27Shareholder meetingVoting results.
2026-08-26Shareholder meetingProceedings of Annual General Meeting held on August 26, 2026
2026-08-17Change in ManagementChange in Management
2026-08-14Concall / analyst meetSchedule of meet
2026-08-05Concall / analyst meetSchedule of meet
2026-08-05Concall / analyst meetSchedule of meet
2026-08-04UpdatesA copy of the Letter dispatched to the shareholders whose email IDs are not registered with the Registrar and Share Transfer Agent(s) of the Company/D...
2026-08-01Change in ManagementChange in Management
2026-07-31General UpdatesBusiness Responsibility and Sustainability Reporting
2026-07-31Shareholder meetingNotice of Annual General Meeting to be held on August 26, 2026
2026-07-29Concall / analyst meetTranscript
2026-07-23Concall / analyst meetLink of Recording
2026-07-22Investor PresentationInvestor Presentation
2026-07-22Press ReleaseA press release dated July 22, 2026, titled "Unaudited Financial Results for the quarter ended June 30, 2026".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.93
Max pain (expiry 2026-10-27)360
Largest call open interest at360
Largest put open interest at350
Implied volatility, at the money27.9%
Underlying at snapshot345.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-292,829
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Hindustan Petroleum Corporation Ltd?

Hindustan Petroleum Corporation Ltd (HINDPETRO) has a market capitalisation of Rs 74,304 Cr. at the 2026-10-01 close.

What is the P/E ratio of Hindustan Petroleum Corporation Ltd?

Hindustan Petroleum Corporation Ltd trades at a P/E of 44.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Hindustan Petroleum Corporation Ltd's latest quarterly results?

In the Jun 2026 quarter, Hindustan Petroleum Corporation Ltd sales was Rs 140,584 Cr (+26.9% vs Jun 2025) with a net loss of Rs 12,265 Cr.

What is the 52-week high and low of Hindustan Petroleum Corporation Ltd?

The 52-week high is Rs 508.45 and the 52-week low is Rs 316.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03