Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited

286.50
INR
-0.30
(-0.10%)
1.20TMarket Cap
Oct 23Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
552.6
528.38
473.57
508.1
595.58
752.64
719.64
580.17
812.21
1,094.76
1,048.32
1,026.86
1,053.93
- -
Basic EPS, GAAP
9.01
11.08
19.28
22.17
22.9
19.83
7.77
40.93
27.45
5
63.04
31.21
60.49
- -
Free Cash Flow per Basic Share
5.42
22.72
2.38
-1.32
8.43
-0.98
-10.97
36.33
27.71
9.2
61.94
19.98
73.36
- -
Dividend per Share
1.92
2.93
6.96
13.97
9.1
10.18
13.54
12.47
34.04
3.01
12.51
15.36
22.29
- -
Book Value per Share
46.8
56.27
66.98
71.04
84.4
89.35
84.2
123.44
121.88
125.67
177.02
190.48
234.45
- -
Tangible Book Value per Share
44.97
47.11
55.72
58.95
71.48
74.14
65.57
100.6
92.13
95.76
145.32
155.06
191.59
- -
Basic Weighted Avg Shares
4,339
4,339
3,934
3,934
3,934
3,934
3,934
3,949
4,255
4,259
4,261
4,273
4,273
4,274
Sales/Revenue/Turnover
2,397,501
2,292,445
1,862,986
1,998,762
2,342,900
2,960,725
2,830,935
2,291,090
3,455,960
4,662,577
4,466,663
4,387,378
4,503,027
- -
Operating Margin (%)
0.71
0.82
6.48
5.86
5.42
4.19
2.48
7.45
4.28
1.59
8.43
4.25
8.34
- -
Depreciation Expense
26,109
30,267
20,719
21,076
28,850
34,178
40,801
43,342
54,344
63,688
67,713
72,567
78,564
- -
Net Income, GAAP
39,107
48,066
75,845
87,209
90,086
78,023
30,554
161,650
116,815
21,311
268,588
133,366
258,435
- -
Effective Tax Rate (%)
34.27
33.92
33.32
30.6
30.91
33.92
- -
22.79
27.16
24.46
25.79
26.65
25.72
- -
Profit Margin (%)
1.63
2.1
4.07
4.36
3.85
2.64
1.08
7.06
3.38
0.46
6.01
3.04
5.74
- -
Working Capital
33,164
-10,145
4,524
-93,900
-52,086
-43,281
-169,712
-56,293
-211,323
-188,288
-151,893
-178,398
-217,335
- -
LT Debt
219,977
149,524
210,972
232,553
289,043
343,156
438,531
433,523
443,997
496,345
354,773
353,683
318,199
- -
Total Equity
205,866
248,625
294,716
327,779
385,237
408,348
385,887
535,551
519,056
535,224
756,351
813,841
1,001,703
- -
Return on Invested Capital (%)
1.89
2.9
15
12.87
12.08
10.12
- -
16.18
10.42
3.86
21.86
9.74
18.25
- -
Return on Capital (%)
7.96
9.97
15.43
13.84
12.41
10.01
- -
15.57
11.92
4.26
23.63
11.69
18.87
- -
Return on Common Equity (%)
20.65
21.5
28.37
29.13
26.72
20.7
8.12
35.89
22.15
4.04
41.59
16.99
28.47
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
226,045
- -
LT Borrowings
- -
222,032
- -
LT Finance Leases
- -
96,168
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,273
4,273
4,273
Market Capitalization
1,640,245
1,200,810
1,296,730

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
837,189
- -
Cash, Cash Equivalents & STI
- -
196,356
- -
Accounts Receivable, Net
- -
49,805
- -
Inventories
- -
533,040
- -
Total Current Liabilities
- -
1,054,524
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
226,045
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.01%
14.4%
23.08%
Free Cash Flow
27.28%
137.75%
267.26%
Net Income, GAAP
146.74%
218.86%
93.78%
Sales/Revenue/Turnover
10.98%
16.48%
2.64%
Total Cash Common Dividend
59.03%
97.41%
45.17%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,130,949
1,027,853
1,131,659
1,112,302
4,387,378
2026
1,125,515
- -
1,190,294
1,187,009
4,503,027
2027
1,512,770
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
6.65
5.38
8.91
10.28
31.21
2026
16.01
- -
16.82
13.16
60.49
2027
-4.38
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
15.36
2026
- -
- -
- -
- -
22.29
2027
- -
- -
- -
- -
- -

Company Description

CEO
Sanjay Khanna
Full Time Employees
41,513
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Bharat Bhavan 4&6 Mumbai MH India 400001
IPO Date
Nov 29, 1994
Business
Bharat Petroleum Corporation Limited (BPCL) engages in the refining of crude oil and marketing of petroleum products across India as a leading public sector oil and gas company headquartered in Mumbai, Maharashtra, with operations spanning refineries in Mumbai, Kochi, and Bina. The company operates through two primary segments, Downstream Petroleum and Hydrocarbon Exploration & Production; it refines approximately 36.3 million metric tonnes per annum and markets a wide range of products including petrol (such as Speed and Speed 97), diesel, automotive LPG under Bharatgas to over 80 million households, CNG, MAK lubricants and greases for automotive and industrial applications including engine oils, gear oils, and specialties exported internationally, aviation turbine fuel and services, industrial fuels like white oil, black oil, bitumen, sulphur, petcoke, propylene, petrochemicals, and solvents, as well as bunkering facilities; it maintains a network of over 18,600 fuel stations featuring formats like Ghar, Highway Star, and Pure for Sure, supplies natural gas, manages 2,596 km of multi-product pipelines, and provides proficiency testing through dedicated labs while importing/exporting petroleum products and offering loyalty programs such as Petrocard and Smartfleet. BPCL, originally formed in 1976 through the nationalization of Burmah Shell and incorporated as early as 1952, serves household, industrial, commercial, aviation, and defense customers primarily in India with international trading and upstream interests in nine blocks in India and nine abroad across countries including Russia, Brazil, Mozambique, UAE, and Indonesia via subsidiary Bharat PetroResources Limited. Recent strategic developments include signing Memorandums of Understanding (MoUs) in October 2025 with Indian Oil Corporation, Numaligarh Refinery Limited, and Fertilisers & Chemicals Travancore for a Rs 1 lakh crore greenfield refinery and petrochemical complex in Andhra Pradesh, a 700-km pipeline from Siliguri to Mughalsarai, and a waste-to-energy fertiliser project in Kerala to enhance refining capacity and support India's energy transition; the company is advancing Project Aspire with a planned Rs 1.7 lakh crore investment over five years through FY29 to expand core refining, marketing, petrochemicals, gas, and green energy initiatives including over 3,000 EV charging stations already installed with targets for 6,000 more at retail outlets, green hydrogen via joint venture Nuyen Energy Green Energy, and a net-zero roadmap by 2040 incorporating renewables, compressed biogas, and carbon capture; in 2021, BPCL acquired full control of Bina Refinery by purchasing the remaining stake from OQ, solidifying its wholly-owned status.