Hindustan Petroleum Corporation Limited (HINDPETRO) AI Stock Analysis

• Market Cap: ₹877.73B
• Dividend Yield: 2.48%
• Average Volume (3M): 128.46K
• Price to Earnings (P/E): 8.6
• Beta (1Y): 1.58
• Revenue Growth: -1.06%
• EPS Growth: 3.34%
• Country: IN
• Employees: 8,154
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 20.54
• Shares Outstanding: 2,127,822,500
• 10 Day Avg. Volume: 154,396
• 30 Day Avg. Volume: 128,462
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹441.22
• Price Target Upside: 3.85% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9

• Rating: 61 Neutral
• Price Target: ₹416.00 ▼(-2.08% Downside)

Hindustan Petroleum Corporation Limited's stock score is primarily influenced by its financial performance challenges, particularly in profitability and cash flow management. Technical analysis indicates a neutral to slightly bearish trend, while valuation metrics suggest the stock is undervalued, providing some upside potential.

Hindustan Petroleum Corporation Limited Business Overview & Revenue Model

Company Description

Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and All Other segments. It offers petrol, diesel, kerosene, liquefied petroleum gas (LPG), naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping. Further, the company markets bulk fuels and petroleum products to industrial consumers like power plants, chemicals, fertilisers, shipping companies, and airlines. In addition, it offers LPG products under the HP Gas brand, as well as bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, and wind power plants in Maharashtra and Rajasthan. As of March 31, 2022, it operated through a marketing network of 137 regional offices; 70 depots; 53 LPG bottling plants; 47 aviation service facilities; 20,025 retail outlets; 1,638 SKO and light diesel oil dealers; and 6,243 LPG distributors, as well as 42 terminals, installation, and tap off points. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation Limited.

How the Company Makes Money

Hindustan Petroleum Corporation Limited generates revenue primarily through the refining and marketing of petroleum products. The company owns and operates refineries that process crude oil into a variety of products including gasoline, diesel, kerosene, and liquefied petroleum gas (LPG). These products are sold through an extensive network of retail outlets and dealers across India, contributing significantly to the company's revenue. In addition to retail sales, HINDPETRO earns income by supplying bulk fuels and lubricants to industrial clients. The company also benefits from strategic partnerships and joint ventures with other energy firms which enhance its distribution capabilities and market reach. Furthermore, HINDPETRO's involvement in the natural gas sector and various upstream oil exploration projects provides additional revenue streams.

Hindustan Petroleum Corporation Limited Financial Statement Overview

Summary

Hindustan Petroleum Corporation Limited exhibits stability in revenue but faces challenges in profitability and cash flow management. The balance sheet reveals moderate leverage, while decreasing cash flows and declining profitability margins underscore operational inefficiencies.

Income Statement

Hindustan Petroleum Corporation Limited shows a mixed performance on the income statement. The gross profit margin is relatively stable at around 8.5%, but the net profit margin has significantly decreased from 3.7% in 2024 to 1.6% in 2025. Revenue growth is stagnant, with a slight decrease of 0.01% from 2024 to 2025. EBIT and EBITDA margins have also declined, indicating a decrease in operational efficiency.

Balance Sheet

The company's balance sheet highlights a moderately leveraged position with a debt-to-equity ratio of approximately 1.38 as of 2025. The return on equity has decreased to 13.17% from 34.13% in 2024. The equity ratio stands at 26.27%, indicating a relatively stable equity base. However, the increase in total debt over the years suggests potential financial risk.

Cash Flow

Cash flow performance shows a declining trend. The free cash flow has decreased significantly from 137.8 billion in 2024 to 46.5 billion in 2025, indicating reduced cash available for expansion and dividends. The operating cash flow to net income ratio is 2.11 in 2025, suggesting a high dependency on operating activities for cash generation. The free cash flow to net income ratio has decreased, reflecting constrained cash generation relative to net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	4.33T	4.32T	4.32T	4.39T	3.49T	2.32T
Gross Profit	320.56B	371.10B	380.71B	74.31B	217.26B	273.23B
EBITDA	164.48B	170.01B	285.06B	-34.12B	109.05B	160.55B
Net Income	67.36B	67.36B	160.15B	-69.80B	72.94B	106.63B
Balance Sheet
Total Assets	1.95T	1.95T	1.83T	1.61T	1.55T	1.34T
Cash, Cash Equivalents and Short-Term Investments	35.06B	35.06B	54.63B	68.83B	56.05B	58.98B
Total Debt	705.58B	705.58B	666.84B	706.71B	484.98B	437.09B
Total Liabilities	1.44T	1.44T	1.36T	1.29T	1.13T	960.79B
Stockholders Equity	511.44B	511.44B	469.21B	322.63B	414.04B	380.81B
Cash Flow
Free Cash Flow	0.00	46.48B	137.81B	-129.13B	34.65B	61.63B
Operating Cash Flow	0.00	142.28B	238.52B	-34.66B	158.10B	178.29B
Investing Cash Flow	0.00	-105.57B	-130.19B	-113.84B	-137.45B	-122.79B
Financing Cash Flow	0.00	-41.38B	-161.55B	160.25B	-20.66B	-47.09B

Hindustan Petroleum Corporation Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 424.85
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDPETRO, the sentiment is Positive. The current price of 424.85 is above the 20-day moving average (MA) of 397.32, above the 50-day MA of 401.74, and above the 200-day MA of 377.99, indicating a bullish trend. The MACD of 6.23 indicates Negative momentum. The RSI at 72.43 is Negative, neither overbought nor oversold. The STOCH value of 87.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:HINDPETRO.

Hindustan Petroleum Corporation Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BPCL	71 Outperform	1.43T	8.13	16.39%	3.03%	-1.89%	-8.61%
PETRONET	71 Outperform	406.73B	11.16	19.99%	4.77%	-9.25%	-5.83%
IOC	65 Neutral	2.07T	12.09	7.29%	2.04%	-1.95%	-45.00%
HINDPETRO	61 Neutral	₹877.73B	8.59	―	2.48%	-1.06%	3.34%
CHENNPETRO	59 Neutral	112.25B	-61.31	2.61%	0.66%	-16.97%	-107.19%
MRPL	55 Neutral	223.28B	-77.62	0.43%	2.32%	-3.99%	-110.83%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Hindustan Petroleum Corporation Limited Corporate Events

HPCL Reports Q2 Financials and Approves Major Fundraising Initiative

Hindustan Petroleum Corporation Limited announced its unaudited financial results for the quarter ending June 30, 2025, and approved a proposal to raise up to Rs. 10,000 Crores through the issuance of non-convertible debentures or bonds. This move is aimed at strengthening the company’s financial position and expanding its borrowing capacity, which was previously approved by shareholders. The announcement reflects HPCL’s strategic efforts to enhance its financial flexibility and maintain its competitive stance in the oil and gas sector.