HPCL posts record FY26 profits, higher throughput and lower leverage

Hindustan Petroleum Corporation Limited ( (IN:HINDPETRO) ) has shared an announcement.

Hindustan Petroleum Corporation Limited reported strong financial results for the year ended March 31, 2026, driven by resilient refinery operations, sustained growth in market sales, and robust refining margins. The board has recommended a final dividend of ₹19.25 per equity share, reflecting confidence in the company’s performance and improved financial position.

Standalone profit after tax surged 133% to ₹17,175 crore, while consolidated profit after tax jumped 168% to ₹18,047 crore for FY26. Operationally, HPCL achieved its highest-ever refinery throughput of 26.04 MMT, a 3% year-on-year increase, alongside a 3.3% rise in marketing sales volumes to 51.45 MMT.

The company’s gross refining margin remained strong at US$8.79 per barrel, underscoring healthy refining economics in a supportive margin environment. HPCL also strengthened its balance sheet, sharply improving its standalone debt-equity ratio from 1.38 to 0.80, signaling tighter financial discipline and lower leverage risk for stakeholders.

More about Hindustan Petroleum Corporation Limited

Hindustan Petroleum Corporation Limited is a state-run energy company engaged in refining, marketing, and distribution of petroleum products in India. The company operates large refineries and an extensive fuel retail network, positioning it as a key player in the domestic oil and gas sector with a strong focus on both refining margins and marketing volumes.

Average Trading Volume: 353,496

Technical Sentiment Signal: Hold

Current Market Cap: 786.4B INR

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