BPCL · Bharat Petroleum Corporation Ltd · Oil & Gas - Integrated
BPCL · Bharat Petroleum Corporation Ltd · Oil & Gas - Integrated
As of 05 Nov close
52-week range
19.0% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,59,527 Cr
Revenue YoY
PAT YoY
-127.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.6
P/S (TTM)
0.2
Sector P/E
12.5
Dividend yield
+5.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| BPCL (this stock) | 7.6 | 1.6 | +3.1% | +17.1% | 0.54 | +5.8% |
| Indian Oil Corporation | 5.7 | 0.9 | +3.5% | +15.3% | 0.6 | +6.1% |
| Gujarat Natural Resources | 155.3 | 6.1 | +32.4% | +5.5% | 2.89 | Not available from data source |
Promoter
stable
FII
falling 1q
MF
9.56% (+1.42pp)
rising 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- unknownbusiness-standard.com· 31 Oct 2026, 04:30 pmBPCL, Lanxess in pact to explore advanced industrial lubricant technologies
- lowthehindubusinessline.com· 23 Oct 2026, 09:20 pmBPCL Q2 net profit falls almost 22% to ₹4,863 crore
- loweconomictimes.indiatimes.com· 23 Oct 2026, 08:57 pmBPCL Q2 Results: Net profit declines 21% YoY to Rs 4,863 crore, revenue grows 29%
- mediumsector policythehindubusinessline.com· 23 Oct 2026, 09:13 amBPCL, MoPNG and Maharashtra government aim to scale compressed biogas projects in the state
- lowgurufocus.com· 20 Oct 2026, 11:00 amAsian Refiners Purchase US Crude Oil Amid Growing Demand
- lowrbi.org.in· 10 Oct 2026, 06:55 amOfficial Website of Reserve Bank of India
- unknownthehindubusinessline.com· 09 Sept 2026, 01:22 pmAkasa Air and BPCL operate commercial flight using 1% sustainable aviation fuel
- unknownlivemint.com· 07 Sept 2026, 10:09 pmLPG cylinder rules changed: Refill booking gap cut to 25 days for all consumers
- unknowneconomictimes.indiatimes.com· 07 Sept 2026, 06:27 pmLPG refill booking interval cut from 45 to 25 days, says Union MoS Suresh Gopi
- mediumcorporate actioneconomictimes.indiatimes.com· 21 Aug 2026, 06:00 amStocks in news: BPCL, HAL, RailTel, Saatvik Green Energy and Samvardhana Motherson
- mediummacrobusiness-standard.com· 17 Aug 2026, 02:08 pm$115/bbl: CareEdge pegs oil level seen turning OMCs' operating profit red
- lowinc42.com· 04 Aug 2026, 06:39 pmCan Octobotics’ Robots Make Marine Vessel Inspections Mishap-Free?
- lowtimesofindia.indiatimes.com· 23 Jul 2026, 04:34 amUnder-recoveries push HPCL, BPCL into losses
- loweconomictimes.indiatimes.com· 21 Jul 2026, 08:53 amPetrol, Diesel Prices Today (July 21): Fuel rates in Delhi, Mumbai, Kolkata and Chennai changed as crude oil dips below $90? Check here
- lowthehindubusinessline.com· 20 Jul 2026, 12:27 pmBPCL launches premium LPG service in Mumbai, eyes 100-city rollout by Independence Day
Concalls & investor presentations
AI-generatedKey takeaway: The document provides a notification regarding the availability of the transcript for the conference call held on 26th October 2026, discussing the unaudited financial results for the quarter and half year ended 30th September 2026. The transcript can be accessed via the provided link. The letter is dated 30th October 2026 and is addressed to the Secretaries of the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE). The document does not include any specific financial figures, results, or management commentary from the call itself.
The tone is neutral as the document merely informs about the availability of the conference call transcript without providing specific details or opinions on the financial results or management commentary.
Sourced from an exchange-filed transcript, dated 30 Oct 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bharat Petroleum Corporation Limited (BPCL) provided a link to the transcript of its conference call held on 23rd July 2026, discussing the unaudited financial results for the quarter ended 30th June 2026. The communication was addressed to the BSE and NSE, confirming the continuation of a previous letter dated 17th July 2026. The document included the necessary details for accessing the call recording.
The document presented factual information regarding the conference call and financial results.
Sourced from an exchange-filed transcript, dated 28 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bharat Petroleum Corporation Limited (BPCL) provided an investor handout detailing its unaudited financial results for the quarter ended 30th June 2026. The document reported a loss before tax of ₹5,305 crores and a loss after tax of ₹3,962 crores. It noted a forex fluctuation gain of ₹346 crores and a marketing inventory gain of ₹3,134 crores. The interest expenditure was ₹415 crores, while interest income was ₹367 crores. The debt position, excluding certain liabilities, stood at ₹17,396 crores. The gross refining margin (GRM) was reported at US $41.41 per barrel. In terms of operational highlights, refinery throughput was 10.15 MMT, with a distillate yield of 84.07%. Total domestic sales of petroleum products reached 13.62 MMT, with total sales amounting to 14.13 MMT. The document emphasized key financial and operational metrics for stakeholders.
The document presented a straightforward summary of financial and operational results without strong positive or negative language.
Sourced from an exchange-filed presentation, dated 22 Jul 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Bharat Petroleum Corporation Limited (BPCL) provided a link to the transcript of its conference call held on May 20, 2026, regarding the audited financial results for the year ending March 31, 2026. The communication was addressed to the BSE and NSE, and it followed a previous letter dated May 15, 2026. The document included the necessary details for accessing the conference call recording.
The document presented factual information regarding the conference call and financial results.
Sourced from an exchange-filed transcript, dated 26 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Bharat Petroleum Corporation Limited (BPCL) dated May 19, 2026, provided an overview of the audited financial results for the fiscal year 2025-26. Management reported a profit before tax of ₹31,104 crores, an increase from ₹17,664 crores in the previous fiscal year. Profit after tax was ₹23,303 crores, up from ₹13,275 crores. The presentation highlighted a forex fluctuation loss of ₹1,644 crores and a crude liability loss of ₹1,515 crores. Marketing inventory gains were reported at ₹842 crores. The refining throughput for the year was 41.15 MMT, with a distillate yield of 84.54%. Total domestic sales of petroleum products reached 54.18 MMT, with total sales at 55.72 MMT. The gross refining margin (GRM) for FY 2025-26 was reported at $11.74, compared to $6.82 in FY 2024-25.
The presentation emphasized significant improvements in financial performance.
Sourced from an exchange-filed presentation, dated 19 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedBharat Petroleum Corporation Limited (BPCL) reported strong financial performance in FY2024-25, achieving record marketing sales of 52.40 MMT with a 2.66% growth. The company's refineries and pipeline operations showed improved efficiency, with a 5.8% increase in pipeline throughput. BPCL also highlighted its ESG initiatives and governance structure. Key audit matters included valuation of investments in its subsidiary Bharat PetroResources Ltd. (BPRL) and evaluation of contingent liabilities. The company has not defaulted on loans or statutory dues, and no regulatory penalties were noted.
- Record marketing sales of 52.40 MMT with 2.66% growth in FY2024-25.
- Pipeline throughput increased by 5.8% to 27.2 MMT, with optimized energy consumption.
- Key audit focus on valuation of BPRL investments and contingent liabilities.
- No defaults on loans or statutory dues, and no regulatory penalties reported.
Key takeaway: BPCL delivered strong operational and financial performance in FY2024-25, with notable growth in marketing and pipeline operations, though audit focus areas like BPRL investment valuation and contingent liabilities require monitoring.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (4 items); Regulatory Action (1 item); Investigation or enforcement mention (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
4 occurrencesEarlier (1-3 years ago)
The auditors of Bharat PetroResources Limited (BPRL) have highlighted an emphasis of matter in their report regarding the Force Majeure declaration by the Operator of Offshore Area 1, Rovuma Basin, Mozambique on April 22, 2021, and the expensing of stoppage costs and standby & support costs for the year ended March 31, 2025, amounting to ₹378.41 crore under an exceptional item.
The auditors of Bharat PetroResources Limited (BPRL), a subsidiary, have issued a statement under Emphasis of Matter in the audit report.
Older (3+ years ago)
The auditors of Bharat Petro Resources Limited (BPRL), a subsidiary, have included an Emphasis of Matter in their report on the consolidated financial statements.
The auditor noted that they were unable to obtain sufficient audit evidence regarding the Corporation's inventory lying with third parties and the compliance with cut-off procedures, as these were carried out by the Management.
Regulatory Action
1 occurrenceEarlier (1-3 years ago)
BPCL faced a criminal complaint under Section 15 and 19 of the Environment Protection Act (EPA) by the Environment Impact Authority (SEIAA) for constructing tanks without prior approval, with the case pending.
Investigation or enforcement mention
2 occurrencesOlder (3+ years ago)
Bharat Petroleum Corporation Limited identified frauds amounting to Rs. 129.55 crores in its Hello-BPCL loyalty program due to system issues, with Rs. 80.68 crores provisioned for expected credit losses. The company reported the issue to the Economic Offences Wing and initiated a forensic investigation. Additionally, a Rs. 0.47 crore fraud involving ineligible vendor invoices was detected, with recovery ongoing and internal inquiries against two officers.
A whistle-blower complaint was received by the Corporation during the year and is under investigation as per the due process set out under the whistle-blower policy of the Corporation.
Routine disclosures
Contingent Liability
4 occurrencesEarlier (1-3 years ago)
The company has contingent liabilities above the threshold limit, involving disputed matters with significant management judgment to determine outcomes. These liabilities are disclosed but not recognized in the financial statements.
The company has contingent liabilities related to matters under dispute with significant judgment involved in determining possible outcomes, and these are disclosed in the financial statements as they exceed the threshold limit.
Older (3+ years ago)
Bharat Petroleum Corporation Limited has contingent liabilities above the threshold limit, involving material uncertain positions and disputes with significant judgment required to determine outcomes.
The company has contingent liabilities related to tax assessments, demands, and disputed claims as of March 31, 2022. These liabilities are above the threshold limit and have been evaluated based on tax consultant opinions and litigation history.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
BPCL's subsidiary BIBV is providing a $238 million senior debt to Moz LNG1 Financing Company Ltd., a related party in the UAE, exceeding the ₹1,000 crore threshold for Material Related Party Transactions under SEBI regulations, requiring member approval.
Older (3+ years ago)
Bharat Petroleum Corporation Limited issued a postal ballot notice on February 15, 2023, seeking member consent to approve material related party transactions for FY2023-24 with Falcon Oil & Gas B.V., Indraprastha Gas Limited, Petronet LNG Limited, and Sabarmati Gas Limited.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
The Holding Company did not have the requisite number of independent directors between November 12, 2024, and March 27, 2025, leading to non-compliance with several Listing Regulations during that period.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.65% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).