Hindustan Petroleum Corporation Ltd
- P/E
- 51.4x
- 52-week range
- 316.2 – 508.45
- ROE
- 31%
- ROCE
- 22%
- Sector
- Petroleum Products
- Industry
- Refineries & Marketing
- Listed on
- NSE, BSE
About
Hindustan Petroleum Corporation Limited is engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons and providing services for management of exploration and production (E&P) blocks, manufacturing of ethanol, sugar and generation of power, operating liquefied natural gas (LNG) regasification terminal (under construction phase), green and renewable energy business. Its Downstream Petroleum segment is engaged in refining and marketing of petroleum products. Its businesses include HP Refineries, HP Retail (Petrol Pumps); HP Gas (LPG); HP Lubricants; HP Aviation; HP Direct Sales; HP Projects and Pipelines; HP Supplies, Operations and Distribution (SOD); HP International Trade; HP Natural Gas and Renewables; HP Natural Gas; HP Petrochemicals, and HP Research and Development. It exports various petroleum products from its refineries, including Fuel Oil, naphtha, high sulphur gasoil, and high sulphur gasoline.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Refineries & Marketing: 13 companies →Hindustan Petroleum Corporation Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)51.4 against a typical 20.9: pricier than most peers (1st = cheapest).13th of 13
- Sales growth+33.3% against a typical +33.3% from a year earlier.5th of 9
- Profit growth−6.1% against a typical −13.8% from a year earlier.5th of 10
- Share price, 3 months−11.6% against a typical −6.5%.12th of 13
Latest announcements
Exchange filings and their impact on the company.
- Q2 FY27 results follow a record Q1 loss, pointing to sharply lower full-year profit despite higher sales.
Hindustan Petroleum filed a press release on October 22, 2026 covering its unaudited results for the quarter and half year ended September 30, 2026. The extracted filing contained only the cover letter with no financial tables, but context shows a very weak start to FY27 with June quarter sales of Rs 140584 crore and a net loss of Rs 12265 crore versus Rs 3859 crore profit a year ago. The results period is therefore critical for assessing recovery in refining and marketing margins, debt and profitability over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 27 Oct 2026 |
| India Ratings | IND AAA | Stable | 13 Jul 2026 |
| ICRA | [ICRA]AAA (Stable) | Stable | 20 Nov 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 27 Oct 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 96,400 Cr. | |
| 13 Jul 2026 | Reaffirmed | IND AAA | — | India Ratings | ₹ 76,400 Cr. | |
| 20 Nov 2025 | Reaffirmed | [ICRA]AAA (Stable) | — | ICRA | ₹ 74,250 Cr. | |
| 27 Oct 2025 | Withdrawn | was Crisil AAA | — | CRISIL | ₹ 98,200 Cr. | |
| 6 Oct 2025 | Withdrawn | was IND AAA | — | India Ratings | ₹ 79,400 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 22 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 13 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 21 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 29 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 7 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,11,348 | 1,14,678 | 1,13,888 | 99,957 | 1,10,608 | 1,09,633 | 1,10,825 | 1,00,856 | 1,15,153 | 1,14,937 | 1,40,584 | 1,34,407 |
| Expenses | 1,09,187 | 1,09,796 | 1,11,800 | 97,661 | 1,05,113 | 1,03,845 | 1,03,365 | 94,003 | 1,08,155 | 1,05,726 | 1,56,707 | 1,25,359 |
| Operating Profit | 2,160 | 4,882 | 2,089 | 2,296 | 5,495 | 5,788 | 7,461 | 6,852 | 6,998 | 9,211 | −16,122 | 9,048 |
| OPM % | 1.9% | 4.3% | 1.8% | 2.3% | 5% | 5% | 7% | 7% | 6% | 8% | −11% | 7% |
| Other Income | 791 | 594 | 933 | 526 | 462 | 930 | 507 | 715 | 727 | 1,910 | 648 | 935 |
| Interest | 620 | 720 | 733 | 944 | 931 | 757 | 817 | 824 | 734 | 1,020 | 818 | 1,259 |
| Depreciation | 1,345 | 1,632 | 1,484 | 1,530 | 1,518 | 1,623 | 1,604 | 1,612 | 1,674 | 2,457 | 1,878 | 1,904 |
| Profit before tax | 986 | 3,124 | 805 | 348 | 3,509 | 4,338 | 5,547 | 5,131 | 5,317 | 7,644 | −18,170 | 6,820 |
| Tax % | 28% | 13% | 21% | 59% | 28% | 21% | 26% | 25% | 25% | 21% | −32% | 47% |
| Net Profit | 713 | 2,709 | 634 | 143 | 2,544 | 3,415 | 4,111 | 3,859 | 4,011 | 6,065 | −12,265 | 3,625 |
| EPS in Rs | 3.35 | 12.73 | 2.98 | 0.67 | 11.95 | 16.05 | 19.32 | 18.14 | 18.85 | 28.5 | −57.64 | 17.04 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 14%
- 3 Years
- 0%
- TTM
- 17%
- 10 Years
- 14%
- 5 Years
- 11%
- 3 Years
- 66%
- TTM
- −90%
- 10 Years
- 5%
- 5 Years
- 9%
- 3 Years
- 28%
- TTM
- —
- 10 Years
- 22%
- 5 Years
- 18%
- 3 Years
- 28%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Hindustan Petroleum Corporation Ltd | ₹ 347.15 | — | 51.4x | — | 31% | — |
| Reliance Industries | ₹ 1,190.00 | ₹ 16,10,372 Cr. | 21x | 1.9x | 0% | 0% |
| Oil and Natural Gas Corporation | ₹ 226.00 | ₹ 2,84,314 Cr. | 6.6x | 0.8x | 0% | 0% |
| Oil India | ₹ 446.10 | ₹ 72,563 Cr. | 9.7x | 1.4x | 0% | 0% |
| Petronet LNG | ₹ 285.95 | ₹ 44,250 Cr. | 11x | 1.9x | 0% | 0% |
| Chennai Petroleum Corporation | ₹ 1,478.10 | ₹ 21,950 Cr. | 7.6x | 2.1x | 0% | 0% |
Management
- Vikas Kaushal
- Chairman of the Board, Managing Director
- Srividya Venkataraman
- Chief Financial Officer, Director - Finance
- K. S. Shetty
- Whole Time Director, Director - Human Resources, Additional Director - Finance
- Rakesh Kumar Singh
- Compliance Officer, Company Secretary
- Amit Garg
- Whole Time Director, Director - Marketing
- S. Bharathan
- Whole Time Director, Director - Refineries
Prices are delayed and for information only. Nothing on this page is investment advice.