Bharat Petroleum Corporation
Bharat Petroleum Corporation Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Bharat Petroleum Corporation Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Bharat Petroleum Corporation Ltd trades at a P/E of 5.23× and P/B of 1.35×, against the Energy sector median P/E of 8.87×.
Valuation
Profitability
Growth
Financial Health
Bharat Petroleum Corporation Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Bharat Petroleum Corporation Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Bharat Petroleum Corporation Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Bharat Petroleum Corporation Ltd, switchable between annual and quarterly views, consolidated or standalone.
Bharat Petroleum Corporation Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,33,148.73 Cr and reported EPS of ₹60.48.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 2,79,313 | 3,40,879 | 3,29,797 | 3,04,266 | 4,32,570 | 5,33,547 | 5,06,993 | 5,00,517 | 5,22,820 |
| Other Income | 1,783 | 2,038 | 1,929 | 2,253 | 2,269 | 1,498 | 2,235 | 2,685 | 3,299 |
| Total Income | 2,81,095 | 3,42,917 | 3,31,726 | 3,06,519 | 4,34,838 | 5,35,046 | 5,09,227 | 5,03,202 | 5,26,119 |
| Cost of Goods Sold (COGS) | 2,02,112 | 2,61,142 | 2,52,592 | 1,87,399 | 3,03,401 | 4,33,212 | 3,76,096 | 3,85,297 | 3,79,186 |
| Gross Profit | 77,201 | 79,737 | 77,205 | 1,16,868 | 1,29,168 | 1,00,335 | 1,30,896 | 1,15,221 | 1,43,635 |
| +Operating Expenses | 62,028 | 64,624 | 68,856 | 95,571 | 1,10,031 | 89,447 | 86,814 | 89,819 | 1,02,432 |
| EBITDA | 15,173 | 15,112 | 8,349 | 21,296 | 19,137 | 10,888 | 44,082 | 25,401 | 41,202 |
| +Non-Operating Expenses | 4,071 | 5,182 | 5,407 | 11,323 | 9,175 | 8,471 | 10,652 | 10,470 | 10,399 |
| Profit Before Tax (PBT) | 12,885 | 11,968 | 2,251 | 22,758 | 14,501 | 629 | 35,129 | 16,860 | 33,280 |
| +Tax Expense | 4,382 | 4,378 | -14 | 5,112 | 4,355 | 690 | 9,336 | 4,846 | 8,948 |
| Profit After Tax (PAT) | 9,792 | 8,528 | 3,666 | 17,320 | 11,682 | 2,131 | 26,859 | 13,337 | 25,843 |
| Earnings Per Share (EPS) | 20.76 | 17.98 | 7.04 | 37.26 | 26.93 | 4.91 | 61.91 | 30.74 | 59.57 |
| Diluted Shares Outstanding (Nos.) | 434 | 434 | 434 | 434 | 434 | 434 | 434 | 434 | 434 |
| +Additional Disclosures | 4,72,849 | 5,92,581 | 5,83,356 | 4,75,981 | 7,26,811 | 9,68,939 | 8,51,205 | 8,71,622 | 8,75,709 |
| Sales Growth % | — | 22.04 | -3.25 | -7.74 | 42.17 | 23.34 | -4.98 | -1.28 | 4.46 |
| YoY Sales Growth % | — | 22.04 | -3.25 | -7.74 | 42.17 | 23.34 | -4.98 | -1.28 | 4.46 |
| Material Cost % | 32 | 38 | 37 | 26 | 38 | 44 | 42 | 45 | 41 |
| Employee Cost % | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 |
| Other Cost % | 21 | 18 | 20 | 30 | 25 | 16 | 16 | 17 | 19 |
| OPM % | 5 | 4 | 3 | 7 | 4 | 2 | 9 | 5 | 8 |
| Tax % | 34 | 37 | -1 | 22 | 30 | 110 | 27 | 29 | 27 |
| Profit Growth % | — | -12.91 | -57.01 | 372.47 | -32.55 | -81.76 | 1,160.36 | -50.35 | 93.78 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Additional Fields | 12,288 | 11,694 | 4,269 | 16,962 | 13,703 | 4,519 | 37,311 | 18,145 | 33,346 |
Bharat Petroleum Corporation segment analysis: revenue and profit mix.
Disclosed business segments at Bharat Petroleum Corporation with their share of revenue and profit, switchable between consolidated and standalone reporting.
Bharat Petroleum Corporation discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Bharat Petroleum Corporation Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Bharat Petroleum Corporation Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Bharat Petroleum Corporation Ltd's investment case rests on 7 positive markers and 6 flagged concerns drawn from the latest reported filings.
What you're getting.
BPCL boasts a low Price-to-Earnings (PE) ratio of 8.60, suggesting potential undervaluation compared to its earnings. This, coupled with a robust Return on Equity (ROE) of 17.30%, indicates strong profitability and efficient capital utilization.
The company demonstrates efficient capital deployment with a strong Return on Capital Employed (ROCE) of 16.20%. Furthermore, a substantial promoter holding of 52.98% signals significant confidence from insiders in the company's long-term prospects.
BPCL reported an impressive 134.00% increase in quarterly profit, showcasing strong recent operational performance and recovery. Its significant market capitalization of ₹151,068 crore solidifies its position as a major player in the vital oil and gas sector.
An attractive dividend yield of 2.87% provides appealing returns for income-focused investors. Operating in the crucial Oil Gas & Consumable Fuels sector, BPCL benefits from an essential industry position and established market presence.
The "Oil Gas & Consumable Fuels" sector, where BPCL operates, is crucial for India's growing economy, suggesting sustained demand. This provides a strong foundation for future growth and expansion within the domestic market.
What can break it.
The company carries a significant debt burden of ₹61,101 crore, resulting in a debt-to-equity ratio of 0.75. This elevated leverage could pose financial risks, especially during economic downturns or periods of reduced profitability.
BPCL experienced a slight decline in quarterly sales by -0.48%, indicating potential challenges in revenue generation or market demand. This minor contraction warrants monitoring to ensure it doesn't become a sustained negative trend.
Despite recent gains, the stock has shown considerable volatility, with a 52-week high of ₹359.00 and a low of ₹234.00. This fluctuation might deter risk-averse investors and impact short-term shareholder confidence.
The highly competitive "Refineries & Marketing" industry, with major players like IOCL (₹230,407 crore market cap) and Reliance Industries (₹2,035,211 crore), poses a significant threat. Intense competition could pressure margins and market share.
BPCL's profitability is highly susceptible to global crude oil price volatility and geopolitical events, which can impact raw material costs. Unfavorable price movements could significantly erode margins and financial performance.
What would change my mind.
Trim if P/E re-rates above 7 (~0.8× the sector multiple of 8.9). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 54.83. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 23%. The operating engine is no longer compounding capital efficiently.
Bharat Petroleum Corporation Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Bharat Petroleum Corporation Ltd is highlighted for quick read-across.
Quick Compare
Bharat Petroleum Corporation Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Bharat Petroleum Corporation Ltd — derived from the live tape, not yesterday's close.
Bharat Petroleum Corporation Ltd last traded at ₹306.6 with an intraday range of ₹305.1–₹315 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹306.60| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 332.50 | +25.90 | +8.45% |
| R3 | 322.60 | +16.00 | +5.22% |
| R2 | 318.80 | +12.20 | +3.98% |
| R1 | 312.70 | +6.10 | +1.99% |
| PIVOT | 308.90 | 2.30 | 0.75% |
| CURRENT | 306.60 | — | — |
| S1 | 283.00 | -23.60 | -7.70% |
| S2 | 292.90 | -13.70 | -4.47% |
| S3 | 299.00 | -7.60 | -2.48% |
| S4 | 302.80 | -3.80 | -1.24% |
BPCL is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 312.3 ~ 315
Trading Below opening range, showing Bearishness
Bharat Petroleum Corporation Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Bharat Petroleum Corporation Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Bharat Petroleum Corporation Ltd stood at 68.0% of traded volume, against a 20-day average of 54.7%.
Bharat Petroleum Corporation announcements: results, concalls, ratings, M&A.
Filings Bharat Petroleum Corporation sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Bharat Petroleum Corporation files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 138 documents below.
Copy of Newspaper Publication
Bharat Petroleum Corporation Limited has informed the Exchange about Copy of Newspaper Publication
Shareholders meeting
Bharat Petroleum Corporation Limited has informed the Exchange regarding Notice of Postal Ballot
Copy of Newspaper Publication
Bharat Petroleum Corporation Limited has informed the Exchange about Copy of Newspaper Publication
Change in Management
Bharat Petroleum Corporation Limited has informed the Exchange about change in Management
Analysts/Institutional Investor Meet/Con. Call Updates
Bharat Petroleum Corporation Limited has informed the Exchange about Transcript
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Bharat Petroleum Corporation dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Bharat Petroleum Corporation has declared, sequenced by announce and record date.
Bharat Petroleum Corporation corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Bharat Petroleum Corporation Ltd: business, sector, key facts.
What Bharat Petroleum Corporation Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Bharat Petroleum Corporation Ltd operates in the Energy, listed as NSE: BPCL, BSE: 500547.
Bharat Petroleum Corporation Limited (BPCL) is a major Indian energy company with a significant international presence. Its core business revolves around the refining of crude oil and the subsequent marketing and distribution of a wide range of petroleum products. This encompasses both downstream operations (refining and marketing) and upstream activities (exploration and production of hydrocarbons), although the downstream segment forms the bulk of its operations.
The Downstream Petroleum segment is the primary revenue driver for BPCL. This segment includes an extensive network of fuel retail outlets across India, offering petrol, diesel, LPG (both automotive and domestic/commercial/industrial), and CNG. These stations are often integrated with convenience stores and restaurants, expanding the business beyond fuel sales to include ancillary services. BPCL also offers financial services such as money transfers and insurance broking at select locations, along with vehicle maintenance services at some outlets.
Beyond retail fuel, BPCL's Downstream operations encompass the production and supply of lubricants (under the MAK brand) for automotive and industrial applications, jet fuel for airlines (including related services such as transportation and storage), and a broad portfolio of industrial fuels. This includes various petroleum-derived products like black and white oils, bitumen, petcoke, sulfur, propylene, petrochemicals, and solvents, along with marine bunker fuels. The company's marketing infrastructure is extensive, featuring a vast network of installations, depots, retail outlets, aviation fueling stations, and LPG distributors, enabling broad distribution across its target markets.
BPCL's Exploration and Production of Hydrocarbons segment focuses on the upstream side of the oil and gas industry, although less detailed information is provided regarding this segment's specific activities and contribution to overall revenue. The company's operations span both domestic and international markets, leveraging its refining and marketing capabilities to serve a diverse customer base. In essence, BPCL's business model is built upon a vertically integrated structure, controlling the process from exploration and production of hydrocarbons to the retail sale of a wide array of refined products and related services.
Questions investors ask about Bharat Petroleum Corporation Ltd (BPCL).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Bharat Petroleum Corporation Ltd (BPCL)?
The current share price of Bharat Petroleum Corporation Ltd (BPCL) is ₹306.6. Today, the stock has declined by ₹9.70 (3.07%), trading in a range of ₹305.1 to ₹315. The stock opened at ₹315 with a trading volume of 1,13,22,845 shares.
02Is Bharat Petroleum Corporation Ltd stock a good investment for long-term?
Bharat Petroleum Corporation Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,33,148.73 crores, P/E ratio of 5.23, ROE of 28.47%, and ROCE of 16.20%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Bharat Petroleum Corporation Ltd stock?
The 52-week high price of Bharat Petroleum Corporation Ltd (BPCL) is ₹391.65, while the 52-week low is ₹266.6. Currently trading at ₹306.6, the stock is 32.0% away from its 52-week low and 21.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Bharat Petroleum Corporation Ltd stock at the current price?
Whether to buy Bharat Petroleum Corporation Ltd stock at ₹306.6 depends on multiple factors. The stock is currently trading with a P/E ratio of 5.23 and P/B ratio of 1.35. Today's performance shows a loss of 3.07%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Bharat Petroleum Corporation Ltd and when is the next dividend?
Bharat Petroleum Corporation Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹306.6, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Bharat Petroleum Corporation Ltd?
Bharat Petroleum Corporation Ltd's key financial metrics include: P/E Ratio: 5.23, P/B Ratio: 1.35, ROE: 28.47%, ROCE: 16.20%, Dividend Yield: 0.00%, EPS: ₹60.48, Book Value: ₹234.37, and Debt-to-Equity: 54.33. The company's market cap stands at ₹1,33,148.73 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Bharat Petroleum Corporation Ltd stock performing today in the market?
Bharat Petroleum Corporation Ltd stock opened at ₹315 and is currently trading at ₹306.6, showing a decline of ₹9.70 (3.07%). The intraday high is ₹315 and low is ₹305.1. The trading volume stands at 1,13,22,845 shares, indicating strong market participation today.
08What is the P/E ratio of Bharat Petroleum Corporation Ltd and what does it indicate?
Bharat Petroleum Corporation Ltd has a Price-to-Earnings (P/E) ratio of 5.23, which means investors are willing to pay ₹5.23 for every ₹1 of earnings. With an EPS of ₹60.48, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Bharat Petroleum Corporation Ltd (BPCL) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
Related
Peers, sector trends, screeners and strategy playbooks contextual to this stock.
- Chennai Petroleum Corporation (CHENNPETRO) Share PricePeer
- Hindustan Petroleum Corporation (HINDPETRO) Share PricePeer
- Indian Oil Corporation (IOC) Share PricePeer
- Mangalore Refinery And Petrochemicals (MRPL) Share PricePeer
- Reliance Industries (RELIANCE) Share PricePeer
- Top Losers TodayScreener
- Other undervalued NSE stocksScreener
- Quality + Value Portfolio strategyStrategy
- All Technical ScreenersScreener
- All Trading StrategiesStrategy