Hindustan Petroleum Corporation Limited (IN:HINDPETRO)
:HINDPETRO
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Hindustan Petroleum Corporation Limited
(HINDPETRO)
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Rating:58Neutral
Price Target:
₹338.00
▲(1.99% Upside)
Action:ReiteratedDate:03/21/26
The score is mainly held back by weakening profitability and sharply lower free cash flow, alongside strongly bearish technical momentum (price below all major moving averages with very low RSI/Stoch). This is partially offset by an attractive valuation (low P/E) and a high dividend yield.
Positive Factors
Extensive downstream distribution network
A nationwide retail and distribution footprint provides durable market access across transport, industrial and household segments. This scale supports steady volumes, diversified sales channels and repeat demand, helping stabilize revenues and marketing margins over months.
Negative Factors
Sharp decline in free cash flow
A large fall in free cash flow reduces capacity to fund capex, pay dividends or deleverage. Over a multi-month horizon this constraints strategic flexibility, raises the importance of working capital management, and increases sensitivity to further margin or demand shocks.
Read all positive and negative factors
Positive Factors
Negative Factors
Extensive downstream distribution network
A nationwide retail and distribution footprint provides durable market access across transport, industrial and household segments. This scale supports steady volumes, diversified sales channels and repeat demand, helping stabilize revenues and marketing margins over months.
Read all positive factors
Hindustan Petroleum Corporation Limited (HINDPETRO) vs. iShares MSCI India ETF (INDA)
Market Cap
₹705.16B
Dividend Yield3.26%
Average Volume (3M)211.80K
Price to Earnings (P/E)6.6
Beta (1Y)1.47
Revenue Growth-1.81%
EPS Growth231.75%
CountryIN
Employees8,154
SectorEnergy
Sector Strength52
IndustryOil & Gas Refining & Marketing
Share Statistics
EPS (TTM)19.14
Shares Outstanding2,127,822,500
10 Day Avg. Volume297,141
30 Day Avg. Volume211,797
Financial Highlights & Ratios
PEG Ratio-0.20
Price to Book (P/B)1.50
Price to Sales (P/S)0.18
P/FCF Ratio16.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹310.00Price Target Upside-6.46% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)44.25
Revenue Forecast (FY)₹4.53T
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...
How the Company Makes Money
HPCL makes money mainly through downstream operations: (1) Refining: HPCL purchases crude oil and processes it in its refineries into products such as petrol (gasoline), diesel, aviation turbine fuel, LPG, and other refined petroleum products. Rev...
Hindustan Petroleum Corporation Limited Financial Statement Overview
Summary
Income Statement
55
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.30T | 4.32T | 4.32T | 4.39T | 3.49T | 2.32T |
| Gross Profit | 436.36B | 348.72B | 424.73B | 101.24B | 247.95B | 300.78B |
| EBITDA | 260.12B | 164.87B | 251.77B | -51.98B | 109.05B | 160.55B |
| Net Income | 139.29B | 67.36B | 160.15B | -69.80B | 72.94B | 106.63B |
Balance Sheet | ||||||
| Total Assets | 1.94T | 1.95T | 1.83T | 1.61T | 1.55T | 1.34T |
| Cash, Cash Equivalents and Short-Term Investments | 41.96B | 34.19B | 54.63B | 56.87B | 56.05B | 58.98B |
| Total Debt | 630.95B | 705.58B | 666.84B | 706.71B | 484.98B | 437.09B |
| Total Liabilities | 1.37T | 1.44T | 1.36T | 1.29T | 1.13T | 960.79B |
| Stockholders Equity | 568.89B | 511.44B | 469.21B | 322.63B | 414.04B | 380.81B |
Cash Flow | ||||||
| Free Cash Flow | 149.94B | 46.48B | 137.81B | -129.13B | 34.65B | 61.63B |
| Operating Cash Flow | 190.93B | 142.28B | 238.52B | -34.66B | 158.10B | 178.29B |
| Investing Cash Flow | -57.42B | -105.57B | -130.19B | -113.84B | -137.45B | -122.79B |
| Financing Cash Flow | -72.01B | -41.38B | -161.55B | 160.25B | -20.66B | -47.09B |
Hindustan Petroleum Corporation Limited Technical Analysis
Negative
331.40
Price Trends
405.24
Negative
435.86
Negative
425.32
Negative
Market Momentum
-23.72
Negative
34.46
Neutral
30.15
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:HINDPETRO, the sentiment is Negative. The current price of 331.4 is below the 20-day moving average (MA) of 351.24, below the 50-day MA of 405.24, and below the 200-day MA of 425.32, indicating a bearish trend. The MACD of -23.72 indicates Negative momentum. The RSI at 34.46 is Neutral, neither overbought nor oversold. The STOCH value of 30.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:HINDPETRO.
Hindustan Petroleum Corporation Limited Peers Comparison
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹1.20T | 5.71 | ― | 4.73% | -1.35% | 61.80% | |
75 Outperform | ₹144.24B | 3.11 | ― | 0.55% | -4.61% | 63.26% | |
71 Outperform | ₹314.42B | 4.59 | ― | 2.04% | -11.96% | 14.31% | |
69 Neutral | ₹382.58B | 12.25 | ― | 3.58% | -13.73% | -7.20% | |
68 Neutral | ₹1.90T | 4.41 | ― | 4.90% | -0.93% | 42.85% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
58 Neutral | ₹705.16B | 6.62 | ― | 3.26% | -1.81% | 231.75% |
* Energy Sector Average
IN:HINDPETRO
Hindustan Petroleum Corporation Limited
331.40
-34.50
-9.43%
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IN:PETRONET
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Hindustan Petroleum Corporation Limited Corporate Events
Hindustan Petroleum Announces Completion of Independent Director’s Tenure
Mar 15, 2026
Hindustan Petroleum Corporation Limited announced a change in its board, with Independent Director K S Narendiran ceasing to hold office upon completion of his tenure on March 14, 2026. The directorship ended effective March 15, 2026, marking a ro...
Hindustan Petroleum Announces Senior Management Change in Aviation Division
Mar 1, 2026
Hindustan Petroleum Corporation Limited has announced a change in its senior management, effective March 1, 2026, under regulatory disclosure norms. Rajesh Mehtani, who was serving as Executive Director (in-charge) for the aviation business, has s...
HPCL Announces Senior Management Change at Rajasthan Refinery Project
Feb 1, 2026
Hindustan Petroleum Corporation Limited has announced a change in its senior management team, effective February 1, 2026. The company reported that Shri Udit Nandi, who served as Head – Operations Commissioning at the Rajasthan Refinery Pro...
HPCL Denies Report on Talks to Procure Venezuelan Crude
Jan 29, 2026
HPCL has clarified to Indian stock exchanges that it has not entered into any negotiations or events related to the procurement of Venezuelan crude oil, contrary to a recent media report claiming the company was seeking such crude to boost heavy o...
HPCL Uploads Audio Recording of Q3 Post-Earnings Conference Call
Jan 22, 2026
Hindustan Petroleum Corporation Limited has notified the stock exchanges that it has made available the audio recording of its post-earnings conference call held on January 22, 2026. The recording link has been shared with the exchanges to ensure ...
HPCL Board Clears Q3 FY2025 Unaudited Results, Confirms No Loan Defaults
Jan 21, 2026
Hindustan Petroleum Corporation Limited announced that its Board of Directors has approved the company’s unaudited standalone and consolidated financial results for the quarter and period ended December 31, 2025, which have been reviewed by ...
HPCL Elevates Nine Executives to Strengthen Senior Management Ranks
Jan 20, 2026
Hindustan Petroleum Corporation Limited has announced a broad reshuffle in its senior management, elevating nine internal candidates to the position of Executive Director, a level just below the Board of Directors, with immediate effect. The promo...
HPCL Confirms SEBI Dematerialisation Compliance for December 2025 Quarter
Jan 6, 2026
Hindustan Petroleum Corporation Limited has reported that it remains in full compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. T...
HPCL Commissions World’s First LC-Max Residue Upgradation Unit at Visakh Refinery
Jan 3, 2026
HPCL has commissioned a Residue Upgradation Facility (RUF) at its 15 MMTPA Visakh Refinery, featuring the world’s first LC-Max based residue hydrocracking unit with a capacity of 3.55 MMTPA and about 93% conversion of bottom oils into high-v...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.