Nifty
:
22713.10
Sensex
:
73319.55
33.70 (0.15%)
185.23 (0.25%)
Nifty
Sensex
:
:
22713.10
73319.55
33.70 (0.15%)
185.23 (0.25%)

Bharat Petroleum Corporation Ltd.

Refineries

Rating :
62/99

BSE: 500547 | NSE: BPCL

NSE BSE
278.15
02-Apr-2026
  • Open
  • High
  • Low
  • Previous Close
  •  275.3
  •  281.15
  •  266.6
  •  281.25
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  13404373
  •  3656262424.15
  •  391.65
  •  262

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 1,20,740.61
  • 4.91
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 1,50,070.14
  • 3.59%
  • 1.20

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 52.98%
  • 0.34%
  • 5.82%
  • FII
  • DII
  • Others
  • 18.46%
  • 17.99%
  • 4.41%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.89
  • 13.85
  • -2.37

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 6.98
  • 3.59
  • 18.46

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 5.13
  • -3.77
  • 84.28

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 8.26
  • 6.05
  • 7.52

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.83
  • 1.61
  • 1.59

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.44
  • 6.86
  • 5.64

Earnings Forecasts:

(Updated: 04-04-2026)
Description
2024
2025
2026
2027
Adj EPS
31.21
59.04
46.01
42.11
P/E Ratio
8.91
4.71
6.05
6.61
Revenue
440272
430182
445230
470482
EBITDA
25760.5
40336.2
31717.3
31717.5
Net Income
13336.5
25112.9
18237.7
17914.6
ROA
6.34
12.08
8.06
7.1
P/B Ratio
1.46
1.21
1.07
0.96
ROE
16.99
28.12
17.54
15.57
FCFF
9365.21
12625.2
7042.96
5667.69
FCFF Yield
5.54
7.46
4.16
3.35
Net Debt
47263.8
20480.9
22965.1
30155.9
BVPS
190.48
230.5
259.9
288.41

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
1,36,653.12
1,27,550.57
7.14%
1,21,604.70
1,17,948.75
3.10%
1,29,614.69
1,28,106.39
1.18%
1,26,916.18
1,32,086.86
-3.91%
Expenses
1,24,966.54
1,20,024.98
4.12%
1,11,843.52
1,13,431.67
-1.40%
1,19,936.74
1,22,479.78
-2.08%
1,19,179.67
1,22,929.33
-3.05%
EBITDA
11,686.58
7,525.59
55.29%
9,761.18
4,517.08
116.09%
9,677.95
5,626.61
72.00%
7,736.51
9,157.53
-15.52%
EBIDTM
8.55%
5.90%
8.03%
3.83%
7.47%
4.39%
6.10%
6.93%
Other Income
645.67
607.79
6.23%
952.77
697.45
36.61%
749.71
570.49
31.42%
804.58
506.68
58.79%
Interest
657.42
861.26
-23.67%
833.26
922.70
-9.69%
757.73
888.95
-14.76%
918.53
966.80
-4.99%
Depreciation
1,978.61
1,809.82
9.33%
1,958.13
1,778.63
10.09%
1,888.96
1,686.13
12.03%
1,982.11
1,721.89
15.11%
PBT
9,529.56
5,402.81
76.38%
7,756.69
2,437.88
218.17%
7,713.59
3,479.55
121.68%
5,539.32
6,871.84
-19.39%
Tax
2,548.79
1,527.03
66.91%
2,153.10
796.44
170.34%
2,032.67
1,017.35
99.80%
1,504.93
1,879.68
-19.94%
PAT
6,980.77
3,875.78
80.11%
5,603.59
1,641.44
241.38%
5,680.92
2,462.20
130.73%
4,034.39
4,992.16
-19.19%
PATM
5.11%
3.04%
4.61%
1.39%
4.38%
1.92%
3.18%
3.78%
EPS
16.82
8.91
88.78%
14.49
5.38
169.33%
16.01
6.65
140.75%
10.28
11.21
-8.30%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
5,14,788.69
4,40,271.86
4,48,083.03
4,73,187.18
3,46,791.08
2,30,170.81
2,84,571.90
2,98,225.59
2,35,895.11
2,01,250.66
1,87,814.60
Net Sales Growth
1.80%
-1.74%
-5.31%
36.45%
50.67%
-19.12%
-4.58%
26.42%
17.21%
7.15%
 
Cost Of Goods Sold
3,77,764.89
3,85,296.91
3,76,096.15
4,33,212.29
3,03,401.27
1,87,398.76
2,52,592.13
2,61,142.45
2,02,111.70
1,71,410.95
1,59,074.59
Gross Profit
1,37,023.80
54,974.95
71,986.88
39,974.89
43,389.81
42,772.05
31,979.77
37,083.14
33,783.41
29,839.71
28,740.01
GP Margin
26.62%
12.49%
16.07%
8.45%
12.51%
18.58%
11.24%
12.43%
14.32%
14.83%
15.30%
Total Expenditure
4,75,926.47
4,14,870.48
4,04,001.55
4,62,299.86
3,27,656.32
2,08,873.65
2,75,826.23
2,83,113.36
2,20,758.29
1,87,599.72
1,74,877.50
Power & Fuel Cost
-
4,346.04
3,609.87
4,020.86
3,213.61
2,502.30
2,966.87
2,396.38
1,935.49
1,483.97
1,781.07
% Of Sales
-
0.99%
0.81%
0.85%
0.93%
1.09%
1.04%
0.80%
0.82%
0.74%
0.95%
Employee Cost
-
3,509.53
3,577.17
2,775.01
3,408.00
4,856.35
4,020.51
3,984.03
3,748.53
3,669.52
2,962.06
% Of Sales
-
0.80%
0.80%
0.59%
0.98%
2.11%
1.41%
1.34%
1.59%
1.82%
1.58%
Manufacturing Exp.
-
14,059.56
13,524.99
12,027.25
10,047.71
8,904.18
9,400.36
8,890.18
7,760.76
6,987.82
6,685.45
% Of Sales
-
3.19%
3.02%
2.54%
2.90%
3.87%
3.30%
2.98%
3.29%
3.47%
3.56%
General & Admin Exp.
-
6,745.71
6,688.89
6,991.94
6,448.37
4,620.54
4,367.56
5,391.66
4,749.05
2,077.76
2,209.60
% Of Sales
-
1.53%
1.49%
1.48%
1.86%
2.01%
1.53%
1.81%
2.01%
1.03%
1.18%
Selling & Distn. Exp.
-
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
% Of Sales
-
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Miscellaneous Exp.
-
912.73
504.48
3,272.51
1,137.36
591.52
2,478.80
1,308.66
452.76
1,969.70
0.00
% Of Sales
-
0.21%
0.11%
0.69%
0.33%
0.26%
0.87%
0.44%
0.19%
0.98%
1.15%
EBITDA
38,862.22
25,401.38
44,081.48
10,887.32
19,134.76
21,297.16
8,745.67
15,112.23
15,136.82
13,650.94
12,937.10
EBITDA Margin
7.55%
5.77%
9.84%
2.30%
5.52%
9.25%
3.07%
5.07%
6.42%
6.78%
6.89%
Other Income
3,152.73
2,684.72
2,235.28
1,499.01
2,271.08
2,504.14
2,114.78
2,037.54
1,818.56
1,909.28
1,595.84
Interest
3,166.94
3,591.44
4,148.89
4,262.77
2,605.64
1,975.30
2,637.01
1,763.95
1,185.74
696.36
680.49
Depreciation
7,807.81
7,256.69
6,771.26
6,368.82
5,434.35
4,334.21
4,080.09
3,417.77
2,885.00
2,107.64
2,071.87
PBT
30,539.16
17,237.97
35,396.61
1,754.74
13,365.85
17,491.79
4,143.35
11,968.05
12,884.64
12,756.22
11,780.58
Tax
8,239.49
4,845.75
9,335.60
690.08
4,355.23
5,112.19
-14.21
4,377.52
4,381.61
4,192.64
4,042.72
Tax Rate
26.98%
28.74%
26.58%
109.67%
30.03%
22.46%
-0.63%
36.58%
34.01%
32.87%
34.32%
PAT
22,299.67
13,336.55
26,858.84
2,131.05
11,681.50
16,164.98
3,055.36
7,802.30
9,008.63
8,720.94
8,088.87
PAT before Minority Interest
22,299.67
13,336.55
26,858.84
2,131.05
11,681.50
17,319.83
3,665.78
8,527.85
9,791.91
9,506.97
8,088.87
Minority Interest
0.00
0.00
0.00
0.00
0.00
-1,154.85
-610.42
-725.55
-783.28
-786.03
0.00
PAT Margin
4.33%
3.03%
5.99%
0.45%
3.37%
7.02%
1.07%
2.62%
3.82%
4.33%
4.31%
PAT Growth
71.91%
-50.35%
1,160.36%
-81.76%
-27.74%
429.07%
-60.84%
-13.39%
3.30%
7.81%
 
EPS
51.40
30.74
61.91
4.91
26.93
37.26
7.04
17.98
20.76
20.10
18.64

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
81,384.08
75,635.11
53,522.36
51,905.62
53,555.08
36,532.33
38,764.72
36,618.57
30,819.75
27,793.27
Share Capital
4,272.58
2,136.29
2,129.45
2,129.45
2,092.91
1,966.88
1,966.88
1,966.88
1,311.25
655.62
Total Reserves
77,111.50
73,498.82
51,392.91
49,776.17
50,605.68
34,565.45
36,797.84
34,651.69
29,508.50
27,137.65
Non-Current Liabilities
46,326.14
45,899.26
59,744.70
52,496.10
49,718.76
52,049.81
42,981.63
36,022.24
29,008.26
25,955.85
Secured Loans
703.40
0.00
2,185.13
3,111.91
0.00
1,339.67
1,408.94
9,425.58
7,507.15
8,954.68
Unsecured Loans
25,824.48
26,877.14
39,184.23
33,247.02
35,740.22
36,704.22
32,906.64
19,478.70
15,748.18
12,142.55
Long Term Provisions
325.87
305.35
208.22
234.29
827.49
1,595.99
1,537.63
1,393.36
1,495.91
1,653.16
Current Liabilities
90,672.00
80,883.38
74,871.13
83,126.91
57,704.18
60,221.51
53,109.72
45,810.16
47,300.06
30,994.29
Trade Payables
30,634.06
28,305.81
24,024.26
30,347.72
16,269.93
13,107.69
17,834.47
15,198.21
11,382.47
8,352.38
Other Current Liabilities
44,127.16
41,702.57
40,954.61
40,984.78
33,644.10
27,246.43
24,316.49
20,570.22
25,568.19
20,751.35
Short Term Borrowings
13,438.22
7,242.27
7,162.00
7,497.00
4,232.81
17,795.15
8,598.95
8,093.03
8,217.71
24.40
Short Term Provisions
2,472.56
3,632.73
2,730.26
4,297.41
3,557.34
2,072.24
2,359.81
1,948.70
2,131.69
1,866.16
Total Liabilities
2,18,382.22
2,02,417.75
1,88,138.19
1,87,528.63
1,60,978.02
1,50,859.98
1,36,926.11
1,20,356.06
1,09,086.26
86,421.73
Net Block
88,628.14
86,798.16
86,675.11
83,901.43
64,098.26
60,141.70
49,314.60
45,539.04
33,683.58
25,358.50
Gross Block
1,28,420.36
1,20,008.46
1,14,274.07
1,05,948.63
80,963.30
74,078.08
59,495.90
52,353.52
37,825.31
27,411.86
Accumulated Depreciation
39,792.22
33,210.30
27,598.96
22,047.20
16,865.04
13,936.38
10,181.30
6,814.48
4,141.73
2,053.36
Non Current Assets
1,45,550.00
1,36,723.64
1,32,095.84
1,25,533.98
1,08,903.17
1,07,608.23
88,144.46
79,754.55
71,176.18
54,975.08
Capital Work in Progress
26,386.79
20,203.96
16,248.93
15,432.95
17,037.29
17,756.74
13,654.49
9,874.74
16,833.87
17,458.93
Non Current Investment
22,867.45
22,339.92
22,501.14
19,173.63
19,973.46
21,819.97
19,107.82
18,275.29
15,654.34
4,074.75
Long Term Loans & Adv.
6,316.72
5,989.32
5,706.00
6,065.67
6,837.35
6,885.98
4,594.54
4,751.95
3,777.22
6,757.92
Other Non Current Assets
1,350.81
1,392.19
964.65
960.27
956.76
970.97
1,472.77
1,313.27
1,226.89
1,324.50
Current Assets
72,799.91
65,651.69
56,025.55
61,981.99
52,053.35
43,230.68
48,767.87
40,583.41
37,899.28
31,446.65
Current Investments
3,663.07
4,290.67
4,277.14
4,442.27
6,794.27
5,208.54
5,799.09
5,449.28
5,672.79
5,325.82
Inventories
45,265.19
42,836.13
38,069.19
42,178.74
26,706.72
22,242.60
22,934.87
22,530.94
21,196.78
14,643.70
Sundry Debtors
9,338.98
8,342.03
6,723.78
9,707.47
7,834.77
5,378.02
6,906.25
5,209.28
4,803.75
2,216.89
Cash & Bank
10,475.59
6,286.36
2,574.38
2,236.69
8,110.11
1,164.84
662.52
1,353.86
1,884.54
4,202.37
Other Current Assets
4,057.08
985.59
612.46
274.28
2,607.48
9,236.68
12,465.14
6,040.05
4,341.42
5,057.87
Short Term Loans & Adv.
2,718.09
2,910.91
3,768.60
3,142.54
2,444.87
2,029.26
2,675.76
1,293.99
1,307.08
779.36
Net Current Assets
-17,872.09
-15,231.69
-18,845.58
-21,144.92
-5,650.83
-16,990.83
-4,341.85
-5,226.75
-9,400.78
452.36
Total Assets
2,18,349.91
2,02,375.33
1,88,121.39
1,87,515.97
1,60,956.52
1,50,838.91
1,36,912.33
1,20,337.96
1,09,075.46
86,421.73

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
23,677.79
35,969.63
12,465.60
20,335.63
23,455.14
7,881.01
10,157.15
11,068.37
9,041.11
11,119.04
PBT
18,182.30
36,194.44
2,821.13
16,036.73
22,757.55
3,651.57
12,905.37
14,173.52
13,699.61
12,131.59
Adjustment
8,578.41
9,639.44
10,621.99
4,824.24
824.93
7,146.28
3,789.09
1,614.18
1,146.34
2,039.85
Changes in Working Capital
906.75
-1,204.74
-176.14
1,322.44
3,707.26
-692.02
-3,531.49
-1,274.16
-1,788.29
331.26
Cash after chg. in Working capital
27,667.46
44,629.14
13,266.98
22,183.41
27,289.74
10,105.83
13,162.97
14,513.54
13,057.66
14,502.70
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,989.67
-8,659.51
-709.55
-1,710.00
-3,662.72
-1,827.32
-2,773.02
-3,232.68
-3,903.89
-3,276.26
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
-91.83
-137.78
-171.88
-397.50
-232.80
-212.49
-112.66
-107.40
Cash From Investing Activity
-19,179.99
-10,554.31
-7,806.41
-8,137.57
-2,474.04
-11,135.11
-10,451.17
-7,065.51
-15,273.94
-9,232.69
Net Fixed Assets
-13,576.93
-8,839.59
-8,996.47
-22,690.37
-8,670.47
-16,432.05
-9,264.41
-6,833.23
-9,060.44
11,775.62
Net Investments
41.31
-585.67
-1,240.35
5,052.09
-1,626.07
-66.40
-365.27
-1,024.90
-1,790.47
-419.84
Others
-5,644.37
-1,129.05
2,430.41
9,500.71
7,822.50
5,363.34
-821.49
792.62
-4,423.03
-20,588.47
Cash from Financing Activity
-6,240.61
-25,427.30
-4,402.01
-17,671.68
-13,980.90
3,583.21
207.04
-4,217.73
4,803.96
-1,331.57
Net Cash Inflow / Outflow
-1,742.81
-11.98
257.18
-5,473.62
7,000.20
329.11
-86.98
-214.87
-1,428.87
554.78
Opening Cash & Equivalents
2,300.74
2,312.72
2,055.54
7,529.16
528.96
199.85
286.83
501.70
2,036.81
1,482.03
Closing Cash & Equivalent
557.93
2,300.74
2,312.72
2,055.54
7,529.16
528.96
199.85
286.83
607.94
2,036.81

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
190.48
177.02
125.67
243.75
251.80
185.74
197.09
186.18
156.69
141.31
ROA
6.34%
13.75%
1.13%
6.70%
11.32%
1.57%
5.90%
7.41%
8.76%
8.96%
ROE
16.99%
41.59%
4.04%
22.33%
39.55%
6.02%
20.14%
25.22%
29.22%
30.78%
ROCE
17.06%
34.15%
6.35%
17.85%
25.15%
5.44%
17.40%
19.98%
22.85%
25.13%
Fixed Asset Turnover
4.03
4.33
4.85
4.63
3.93
4.94
6.10
6.20
7.47
5.35
Receivable days
6.45
5.42
5.62
7.40
7.92
6.80
6.49
6.54
5.26
4.26
Inventory Days
32.12
29.12
27.45
29.06
29.36
25.00
24.34
28.56
26.83
26.68
Payable days
27.92
25.39
22.91
28.04
28.61
20.61
21.44
22.39
19.11
22.89
Cash Conversion Cycle
10.65
9.15
10.16
8.42
8.67
11.19
9.39
12.71
12.98
8.05
Total Debt/Equity
0.64
0.61
1.14
1.09
0.89
1.63
1.16
1.03
1.16
0.84
Interest Cover
6.06
9.72
1.66
7.15
12.52
1.85
7.78
11.87
19.32
18.31

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017
FY 2016

News Update:


  • BPCL’s joint venture secures 10KTPA Green Hydrogen contract from Numaligarh Refinery
    25th Mar 2026, 14:10 PM

    The project is expected to begin commercial operations in 2028

    Read More
  • BPCL commissions second-generation Bioethanol Refinery in Odisha
    25th Mar 2026, 09:42 AM

    The facility produces 100 KL/day of fuel-grade bioethanol from rice straw through advance lignocellulosic technology, pretreatment and fermentation

    Read More
  • BPCL incorporates wholly owned subsidiary in Singapore
    27th Feb 2026, 10:28 AM

    The company has incorporated wholly owned subsidiary namely Bharat Petroleum Global Energy Services (Singapore) Pte

    Read More
  • BPCL reports 89% rise in Q3 consolidated net profit
    27th Jan 2026, 12:00 PM

    Total consolidated income of the company increased by 7.13% at Rs 137298.79 crore for Q3FY26

    Read More
  • BPCL - Quarterly Results
    24th Jan 2026, 00:00 AM

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.