Hindustan Petroleum Corporation Limited (HINDPETRO)

Oil Gas & Consumable Fuels · Petroleum Products · NSE · Updated 15 July 2026

₹394.4 ↓ 9.01% (1Y)

🎯 Key Takeaways

Hindustan Petroleum Corporation Limited (HINDPETRO) is in a transitional phase marked by leadership changes, consistent dividend policy, and moderate financial performance amid sectoral pressures. The company maintains a stable credit profile and operates in a mature phase of its lifecycle, balancing capital allocation between shareholder returns and operational continuity.
Revenue grew 9.9% QoQ to ₹1.19 L Cr in Q3FY25.
⚠️ Margin pressure persists despite stable revenue, with operating profit margin declining to 1.7% in Q1FY25, signaling vulnerability to input cost volat

Market Cap

₹77,963

P/E Ratio

12.9

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About HINDPETRO 📊 Interactive Charts

📖 The Story

Hindustan Petroleum Corporation Limited (HINDPETRO) is in a transitional phase marked by leadership changes, consistent dividend policy, and moderate financial performance amid sectoral pressures. The company maintains a stable credit profile and operates in a mature phase of its lifecycle, balancing capital allocation between shareholder returns and operational continuity. Recent financial trends show volatility in profitability, with margins under pressure despite revenue stability.

📰 What's Happening

In June 2026, HPCL appointed Smt. Srividya Venkataraman as Director - Finance, bringing extensive energy sector finance experience from BPCL, while Shri K Vinod was named new CFO following the superannuation of Shri Rajneesh Narang. Concurrently, Shri K S Shetty was given additional charge as Director-Finance for three months to ensure transition continuity. The board also recommended a final dividend of Rs.19.25 per share for FY2025-26, pending AGM approval in August 2026, with updated TDS and KYC compliance requirements for shareholders. These moves reflect a structured succession plan in finance leadership amid ongoing governance updates.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q4FY23	Q1FY24	Q2FY24	Q3FY24	Q4FY24	Q1FY25	Q2FY25	Q3FY25
Revenue	1.15 L Cr	1.19 L Cr	1.03 L Cr	1.18 L Cr	1.22 L Cr	1.21 L Cr	1.08 L Cr	1.19 L Cr
Operating Profit	5,708	10,245	8,581	2,689	5,329	2,634	3,214	6,422
OPM %	4.5%	8.1%	8.0%	1.8%	4.0%	1.7%	2.5%	5.0%
Net Profit	3,608	6,766	5,827	713	2,709	634	143	2,544
EPS	₹25.43	₹47.69	₹41.08	₹5.03	₹19.09	₹2.98	₹0.67	₹11.95

The company's financial performance has shown mixed trends, with revenue remaining relatively stable around ₹1.18–1.22 L Cr over recent quarters, but profitability fluctuating significantly. Operating profit margins declined from a peak of 8.1% in Q1FY24 to 1.7% in Q1FY25, before recovering slightly to 5.0% in Q3FY25, indicating sensitivity to input costs or pricing dynamics. Net profit surged in Q4FY24 to ₹2,709 L and EPS of ₹19.09, but dropped sharply to ₹143 L and EPS of ₹0.67 in Q2FY25, suggesting non-recurring or one-time impacts in prior periods. The volatility in net income and margins aligns with sector volatility and possible refinancing or inventory valuation effects, though management has not explicitly attributed these swings to specific operational initiatives in disclosed filings.

🔮 Management Outlook & What's Next

Management has not provided explicit forward guidance on revenue, margins, or capital expenditure in the reviewed filings. However, the appointment of experienced finance leadership and the continuation of a stable dividend policy suggest a focus on financial discipline and shareholder returns. The board has emphasized procedural updates, such as materiality protocols and TDS compliance, indicating a governance-focused rather than growth-oriented narrative in the near term.

Extracted from official company announcements. Not StockFin.ai's opinion.

⚖️ Peer Comparison — Petroleum Products

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
Reliance Industries Limited	18.08 L Cr	21.7	11.2%	9.9%	0.41
Indian Oil Corporation Limited	1.90 L Cr	17.4	—	—	—
Bharat Petroleum Corporation Limited	1.23 L Cr	4.9	25.4%	30.2%	0.63
Hindustan Petroleum Corporation Limited	77,963	12.9	—	—	—
Mangalore Refinery and Petrochemicals Limited	26,345	32.0	—	—	—
Castrol India Limited	17,947	18.7	—	—	—
Chennai Petroleum Corporation Limited	15,025	40.4	—	—	—
Gulf Oil Lubricants India Limited	4,665	13.1	—	—	—
Savita Oil Technologies Limited	2,805	24.7	—	—	—
Veedol Corporation Limited	2,497	16.0	—	—	—

🔗 Peer Stock Analyses

RELIANCE IOC BPCL MRPL CASTROLIND

⚠️ Risk Factors

1. Margin pressure persists despite stable revenue, with operating profit margin declining to 1.7% in Q1FY25, signaling vulnerability to input cost volatility or pricing compression. 2. Leadership transition in finance roles introduces short-term execution risk, despite management's assurance of continuity through interim appointments. 3. Dividend sustainability depends on shareholder approval at the AGM and consistent cash flow generation, which remains volatile as seen in net profit fluctuations. 4. The company's reliance on the commercial paper market for funding, while currently rated stable, exposes it to shifts in market sentiment toward the oil sector.

📋 Recent Filings

🧠 Analyst's Read

Hindustan Petroleum is navigating a period of financial and leadership transition, with profitability volatility and stable but modest growth defining its near-term trajectory. Investors should monitor the successful integration of new finance leadership, the outcome of the AGM dividend approval, and any forward-looking commentary from management on margin recovery or capital allocation strategy in upcoming filings.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on HINDPETRO

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-15.

📡 Get AI alerts when HINDPETRO files new disclosures

Track HINDPETRO filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track HINDPETRO — Free

Free account · 2 AI queries/day