Bharat Petroleum Corporation Limited BPCL NIFTY50NSEINFRAPSU
Company Overview
Bharat Petroleum Corporation Limited engages in refining crude oil and marketing petroleum products in India and internationally. It operates through two segments, Downstream Petroleum; and Exploration and Production of Hydrocarbons. The company operates fuel stations that sell motor spirits, high-speed diesel, blended fuels, compressed and liquefied natural gas, automotive liquefied petroleum gas (LPG), and lubricants; operate convenience stores, restaurants, and electric vehicle charging facilities; and offer ATM, money transfer, insurance, and vehicle care services. It also provides LPG for domestic, commercial, and metal cutting applications under the Bharatgas brand name; automobile lubricants, such as automotive engine and gear oils, greases, and specialties, as well as industrial lubricants under the MAK brand; jet fuel; and aviation services, including transportation, storage, and intoplane services. In addition, the company offers industrial fuels products, white oils, bitumen and specialty bitumen, petcoke, sulphur, solvents, petrochemicals, bunkering, and petrochemical feedstock products; and operates pipelines to transport petroleum products. Further, it exports naphtha and fuel oils; and engages in city gas distribution activities. The company's marketing infrastructure includes a network of installations, depots, retail outlets, aviation fueling stations, and LPG distributors. The company was formerly known as Bharat Refineries Limited and changed its name to Bharat Petroleum Corporation Limited in August 1977. Bharat Petroleum Corporation Limited was incorporated in 1952 and is based in Mumbai, India.
Why Investors Should Care
Generates a return on equity of 25.8%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 26.4%.
Net profit has compounded at 129.7% per year over the last five years.
Trades at a P/E of 5.1, below the sector median of 23.0.
Offers a dividend yield of 6.46%.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Mar 2026 Revenue of ₹4.55 L Cr (+3.4% YoY); net profit ₹25,843.45 Cr.
- Trailing 12 Months Year-on-year growth — revenue +3.4%, earnings +93.8%.
- 5-Year Trend Long-term compounding — revenue CAGR -0.8%, profit CAGR 129.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -0.79% |
| 1 Year: | 3.40% |
Compounded Profit Growth
| 5 Years: | 129.75% |
| 1 Year: | 93.78% |
Stock Price Performance
| 1 Year: | -6.22% |
| 6 Months: | -11.47% |
| 3 Months: | -1.03% |
| 1 Month: | -1.03% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)52.58 · Neutral
P/E of 5.11 is below the sector median of 23.00 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 25.8%.
- Healthy ROCE of 26.4%.
- Profit CAGR of 129.7% over 5 years.
- Attractive dividend yield of 6.46%.
- Generates positive free cash flow.
CONS
- Revenue declined at -0.8% CAGR over 5 years.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Energy).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | BPCL Bharat Petroleum Corporation Limited NIFTY50NSEINFRAPSU | 308.90 | 5.11 | ₹1.34 L Cr | 6.46% | 26.36% | 25.80% | -0.79% | 129.75% |
| 2 | RELIANCE Reliance Industries Limited NIFTY50NSEAIINFRA | 1,305.20 | 25.36 | ₹17.66 L Cr | 0.46% | 8.99% | 8.93% | 6.39% | 6.59% |
| 3 | ADANIENT Adani Enterprises Limited NIFTY50NSEAIINFRA | 3,193.00 | 43.39 | ₹4.13 L Cr | 0.04% | 9.83% | 11.54% | -7.67% | 55.92% |
| 4 | ONGC Oil and Natural Gas Corporation Limited NIFTY50NSEINFRAPSU | 248.29 | 7.54 | ₹3.12 L Cr | 7.55% | 12.95% | 11.14% | 1.70% | 4.11% |
| 5 | COALINDIA Coal India Limited NIFTY50NSEINFRAPSU | 429.40 | 8.51 | ₹2.65 L Cr | 5.12% | 19.79% | 26.11% | 9.74% | -0.71% |
| 6 | IOC Indian Oil Corporation Limited NSEINFRAPSU | 138.43 | 14.03 | ₹1.95 L Cr | 5.94% | 20.70% | 19.18% | -1.77% | 62.60% |
| 7 | HINDPETRO Hindustan Petroleum Corporation Limited NIFTY_MIDNSEINFRA | 393.05 | 4.63 | ₹83,634.06 Cr | 6.13% | 23.54% | 27.53% | 0.47% | 119.51% |
| 8 | OIL Oil India Limited NIFTY_MIDNSEINFRAPSU | 437.55 | 10.87 | ₹71,172.22 Cr | 4.47% | 10.13% | 11.41% | -2.02% | -8.81% |
| 9 | AEGISLOG AEGIS LOGISTICS LIMITED NIFTY_SMALLNSEINFRA | 1,282.30 | 67.85 | ₹45,008.73 Cr | 1.08% | 14.33% | 14.83% | -1.13% | 24.72% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.18 L Cr | 1.13 L Cr | 1.03 L Cr | 1.15 L Cr | 1.17 L Cr | 1.13 L Cr | 1.03 L Cr | 1.13 L Cr | 1.11 L Cr | 1.13 L Cr | 1.05 L Cr | 1.19 L Cr | 1.19 L Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 99,737.90 Cr | 97,409.11 Cr | 97,693.77 Cr | - | 1.01 L Cr | 98,878.69 Cr |
| Gross Profit | - | - | - | - | - | - | - | 13,427.97 Cr | 13,821.10 Cr | 14,857.68 Cr | - | 17,642.52 Cr | 19,822.19 Cr |
| Operating Expenses | 1.07 L Cr | 97,200.00 Cr | 90,104.00 Cr | 1.09 L Cr | 1.08 L Cr | 1.07 L Cr | 98,268.00 Cr | 7,712.20 Cr | 8,066.70 Cr | 7,068.69 Cr | 95,185.00 Cr | 7,934.55 Cr | 11,776.40 Cr |
| Operating Income | 9,480.00 Cr | 14,171.00 Cr | 11,336.00 Cr | 4,369.00 Cr | 7,233.00 Cr | 3,941.00 Cr | 2,738.00 Cr | 5,715.77 Cr | 5,754.40 Cr | 7,788.99 Cr | 7,803.00 Cr | 9,707.97 Cr | 8,045.79 Cr |
| EBITDA | 11,085.00 Cr | 15,785.00 Cr | 12,941.00 Cr | 6,199.00 Cr | 8,955.00 Cr | 5,627.00 Cr | 4,517.00 Cr | 6,194.23 Cr | 6,815.29 Cr | 9,629.42 Cr | 9,761.00 Cr | 10,394.61 Cr | 8,542.85 Cr |
| Interest Expense | 1,148.00 Cr | 1,071.00 Cr | 1,190.00 Cr | 920.00 Cr | 967.00 Cr | 889.00 Cr | 923.00 Cr | 861.26 Cr | 918.53 Cr | 757.73 Cr | 833.00 Cr | 657.42 Cr | 705.08 Cr |
| Pretax Income | 8,854.00 Cr | 14,103.00 Cr | 11,056.00 Cr | 4,367.00 Cr | 6,669.00 Cr | 3,859.00 Cr | 3,094.00 Cr | 5,332.97 Cr | 5,896.76 Cr | 8,871.69 Cr | 8,345.00 Cr | 9,737.19 Cr | 7,837.77 Cr |
| Tax Provision | 1,947.88 Cr | 3,525.75 Cr | 2,764.00 Cr | 1,179.09 Cr | 1,867.32 Cr | 1,003.34 Cr | 804.44 Cr | 1,527.03 Cr | 1,504.93 Cr | 2,032.67 Cr | 2,169.70 Cr | 2,548.79 Cr | 2,213.23 Cr |
| Net Income | 6,870.00 Cr | 10,644.00 Cr | 8,244.00 Cr | 3,181.00 Cr | 4,790.00 Cr | 2,842.00 Cr | 2,297.00 Cr | 3,805.94 Cr | 4,391.83 Cr | 6,839.02 Cr | 6,191.00 Cr | 7,188.40 Cr | 5,624.54 Cr |
| Diluted EPS | 15.84 | 24.53 | 19.00 | 7.33 | 11.04 | 6.55 | 5.29 | 8.91 | 10.28 | 16.01 | 14.27 | 16.82 | 13.16 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.43 L Cr | 1.88 L Cr | 2.01 L Cr | 2.36 L Cr | 2.98 L Cr | 2.85 L Cr | 2.30 L Cr | - | 4.66 L Cr | 4.47 L Cr | 4.40 L Cr | 4.55 L Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 4.46 L Cr | 3.89 L Cr | 3.93 L Cr | 3.87 L Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 20,375.02 Cr | 57,529.52 Cr | 47,718.26 Cr | 68,185.75 Cr |
| Operating Expenses | 2.33 L Cr | 1.75 L Cr | 1.87 L Cr | 2.21 L Cr | 2.83 L Cr | 2.76 L Cr | 2.09 L Cr | - | 12,951.65 Cr | 19,855.78 Cr | 29,573.57 Cr | 34,839.95 Cr |
| Operating Income | 6,753.00 Cr | 10,899.00 Cr | 11,675.00 Cr | 12,432.00 Cr | 11,694.00 Cr | 4,895.00 Cr | 16,667.00 Cr | - | 7,423.37 Cr | 37,673.74 Cr | 18,144.69 Cr | 33,345.80 Cr |
| EBITDA | 9,780.00 Cr | 12,971.00 Cr | 13,783.00 Cr | 15,317.00 Cr | 15,112.00 Cr | 8,975.00 Cr | 21,001.00 Cr | - | 13,120.24 Cr | 47,066.11 Cr | 29,030.43 Cr | 45,601.10 Cr |
| Interest Expense | 1,180.00 Cr | 680.00 Cr | 696.00 Cr | 1,186.00 Cr | 1,764.00 Cr | 2,637.00 Cr | 1,723.00 Cr | - | 3,930.29 Cr | 4,100.41 Cr | 3,591.44 Cr | 2,953.49 Cr |
| Pretax Income | 7,690.00 Cr | 12,132.00 Cr | 13,700.00 Cr | 14,174.00 Cr | 12,905.00 Cr | 3,652.00 Cr | 22,432.00 Cr | - | 2,821.13 Cr | 36,194.44 Cr | 18,182.30 Cr | 34,791.24 Cr |
| Tax Provision | 2,614.60 Cr | 4,003.56 Cr | 4,247.00 Cr | 4,393.94 Cr | 4,387.70 Cr | -0 | 5,159.36 Cr | - | 690.08 Cr | 9,335.60 Cr | 4,845.75 Cr | 8,947.79 Cr |
| Net Income | 5,082.00 Cr | 8,089.00 Cr | 9,507.00 Cr | 9,792.00 Cr | 8,528.00 Cr | 3,666.00 Cr | 17,320.00 Cr | - | 2,131.05 Cr | 26,858.84 Cr | 13,336.55 Cr | 25,843.45 Cr |
| Diluted EPS | 11.08 | 18.64 | 20.10 | 20.76 | 17.98 | 7.04 | 37.26 | - | 5.00 | 63.04 | 31.21 | 60.49 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 86,322.00 Cr | 86,422.00 Cr | 1.09 L Cr | 1.20 L Cr | 1.37 L Cr | 1.51 L Cr | 1.61 L Cr | - | 1.88 L Cr | 2.02 L Cr | 2.18 L Cr | 2.49 L Cr |
| Current Assets | - | - | - | - | - | - | - | - | 56,042.35 Cr | 65,694.11 Cr | 72,832.22 Cr | 83,718.87 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 2,312.72 Cr | 2,300.74 Cr | 557.93 Cr | 319.99 Cr |
| Inventory | - | - | - | - | - | - | - | - | 38,069.19 Cr | 42,836.13 Cr | 45,265.19 Cr | 53,303.95 Cr |
| Receivables | - | - | - | - | - | - | - | - | 6,723.78 Cr | 8,342.03 Cr | 9,338.98 Cr | 4,980.48 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1.35 L Cr | 1.27 L Cr | 1.37 L Cr | 1.48 L Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 74,871.13 Cr | 80,883.38 Cr | 90,672.00 Cr | 1.05 L Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | 41,369.36 Cr | 26,877.14 Cr | 26,527.88 Cr | 22,203.17 Cr |
| Total Debt | 25,492.00 Cr | 23,388.00 Cr | 35,725.00 Cr | 37,659.00 Cr | 44,839.00 Cr | 65,476.00 Cr | 54,532.00 Cr | - | 69,376.03 Cr | 54,599.05 Cr | 61,100.57 Cr | 54,424.42 Cr |
| Total Equity | 22,562.00 Cr | 27,794.00 Cr | 30,819.00 Cr | 36,619.00 Cr | 38,765.00 Cr | 36,532.00 Cr | 53,555.00 Cr | - | 53,522.36 Cr | 75,635.11 Cr | 81,384.08 Cr | 1.00 L Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 433.85 Cr | 433.85 Cr | 433.85 Cr | 433.85 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 20,742.00 Cr | 11,119.00 Cr | 9,041.00 Cr | 11,068.00 Cr | 10,157.00 Cr | 7,881.00 Cr | 23,455.00 Cr | - | 12,465.60 Cr | 35,969.63 Cr | 23,677.79 Cr | 50,768.99 Cr |
| Investing Cash Flow | -10,536.00 Cr | -9,233.00 Cr | -15,274.00 Cr | -7,066.00 Cr | -10,451.00 Cr | -11,135.00 Cr | -2,474.00 Cr | - | -7,806.41 Cr | -10,554.31 Cr | -19,179.99 Cr | -26,067.23 Cr |
| Financing Cash Flow | -9,792.00 Cr | -1,332.00 Cr | 4,804.00 Cr | -4,218.00 Cr | 207.00 Cr | 3,583.00 Cr | -13,981.00 Cr | - | -4,402.01 Cr | -25,427.30 Cr | -6,240.61 Cr | -24,939.70 Cr |
| Capital Expenditure | -10,988.00 Cr | -10,172.00 Cr | -9,458.00 Cr | -7,684.00 Cr | -10,501.00 Cr | -12,170.00 Cr | -9,052.00 Cr | - | -8,548.62 Cr | -9,579.13 Cr | -15,143.12 Cr | -19,424.82 Cr |
| Free Cash Flow | 9,754.00 Cr | 947.00 Cr | -417.00 Cr | 3,384.00 Cr | -344.00 Cr | -4,289.00 Cr | 14,403.00 Cr | - | 3,916.98 Cr | 26,390.50 Cr | 8,534.67 Cr | 31,344.17 Cr |
| Net Change in Cash | 414.00 Cr | 555.00 Cr | -1,429.00 Cr | -215.00 Cr | -87.00 Cr | 329.00 Cr | 7,000.00 Cr | - | 257.18 Cr | -11.98 Cr | -1,742.81 Cr | -237.94 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 4.4% | 12.9% | 10.8% | 15.0% |
| Operating Margin % | 2.8% | 5.8% | 5.8% | 5.3% | 3.9% | 1.7% | 7.2% | - | 1.6% | 8.4% | 4.1% | 7.3% |
| Net Margin % | 2.1% | 4.3% | 4.7% | 4.2% | 2.9% | 1.3% | 7.5% | - | 0.5% | 6.0% | 3.0% | 5.7% |
| ROE % | 22.5% | 29.1% | 30.8% | 26.7% | 22.0% | 10.0% | 32.3% | - | 4.0% | 35.5% | 16.4% | 25.8% |
| ROCE % | - | - | - | - | - | - | - | - | 6.6% | 31.0% | 14.2% | 23.3% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for BPCL
[Latest] Global Liquefied Petroleum Gas Market Size/Share Worth USD 182.9 Billion by 2035 at a 3.92% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Liquefied Petroleum Gas Market size & share revenue was valued at approximately USD 124.5 Billion in 2025 and…
SEEPCO Ships Six Million Barrels of Nigerian Crude to Indian State Refiners Amid Strait of Hormuz Uncertainty
Nigeria-based producer SEEPCO supplied approximately six million barrels of crude oil to Indian Oil, Bharat Petroleum, and Hindustan Petroleum between March and May. LAGOS, NIGERIA / ACCESS Newswire / June 19, 2026 /Sterling Oil Exploration…
Bharat Petroleum Corp Ltd (BOM:500547) Q4 2026 Earnings Call Highlights: Record Refinery ...
Bharat Petroleum Corp Ltd (BOM:500547) reports robust financial performance and strategic growth initiatives, despite facing geopolitical and market volatility.
TDFM Inffrastructure Limited Commissions BPCL's City Gate Station at Khanipur; Secures Prestigious Award for Construction Excellence
TDFM Inffrastructure Limited ("TDFM"), an EPC specialist in City Gas Distribution (CGD) infrastructure, has achieved a double milestone: the successful commissioning of the City Gate Station (CGS-01) at Khanipur, Gorakhpur, for Bharat Petro…
Indian refiners raise LPG rates for first time in a year amid Iran conflict
Investing.com — India’s state-run refiners hiked the price of domestic cooking gas for the first time in nearly a year on Saturday, as the intensifying conflict in the Middle East chokes energy flows through the Strait of Hormuz. The move h…
Pine Labs wins digital payments contracts with Indian oil companies
The company signed agreements with BPCL, HPCL and IOCL.
BPCL — Frequently Asked Questions
What is the current share price of Bharat Petroleum Corporation Limited (BPCL)?
As of 2026-07-15 09:52 IST, Bharat Petroleum Corporation Limited (BPCL) trades at ₹308.90 on NSE. Its 52-week range is ₹271.30 to ₹388.30.
What is the market capitalisation of BPCL?
Bharat Petroleum Corporation Limited (BPCL) has a market capitalisation of ₹1.34 L Cr on NSE.
What is the P/E ratio of BPCL?
BPCL trades at a trailing price-to-earnings (P/E) ratio of 5.11. The industry average P/E is 23.00. Its price-to-book (P/B) ratio is 1.31.
Does BPCL pay a dividend?
Bharat Petroleum Corporation Limited (BPCL) currently offers a dividend yield of 6.46%.
What is the return on equity (ROE) of BPCL?
BPCL has a return on equity (ROE) of 25.80%. Its return on capital employed (ROCE) is 26.36%.
Is BPCL a good stock to buy?
This page provides a data-driven analysis of Bharat Petroleum Corporation Limited (BPCL), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.