H

Hindustan Petroleum Corporation Limited

HINDPETRONSE
Market snapshot · 2026-08-11 02:33 UTC

393.15

+₹0.10 (+0.03%)

MARKET CAP

₹83.66K Cr

STOCK P/E

50.0x

52W HIGH

₹508.45

52W LOW

₹316.20

BOOK VALUE

₹308.04

EPS

₹7.86

ROE

SECTOR

Energy

DEBT/EQUITY

85.37

VOLUME

62.61L

P/B RATIO

1.28x

PEG RATIO

Sector

Energy

Themes

Oil & Gas - Refining & MarketingPsuMaharatnaRefineries
D
Dividend
E
Earnings
₹495.85₹453.39₹410.93₹368.46₹326.00VolumeDEDEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Hindustan Petroleum Corporation Limited is an Indian oil company refining and marketing petroleum products. Refining supplies fuels and feedstocks, while marketing distributes LPG, petrol, diesel, aviation fuel, lubricants, CNG, and biofuel blends. Recent purchases of two million barrels of West African crude may support refinery utilisation, though crude economics remain sensitive to tariffs and oil prices. Profit growth rose 167.9% despite only 1.0% revenue growth, while improving margins indicate better refining or marketing spreads. ROE is unavailable, and debt/equity of 85.37 implies extreme leverage that can magnify financial risk and distort equity returns. At 50 times earnings, HPCL appears rich versus its low growth and cyclical earnings profile. The key open question is whether margin improvement can persist amid crude volatility, tariff risks, and heavy leverage.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for HINDPETRO.

31.00 analysts

Price Forecast

Current
₹393.15
High Target
₹660.00
▲ +67.9%
Median Target
₹410.00
▲ +4.3%
Low Target
₹290.00
▼ -26.2%
Now₹393.15High ₹660.00Median ₹410.00Low ₹290.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
31 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹309.81 - ₹485.7180%
6M₹278.50 - ₹526.0280%
12M₹237.68 - ₹584.2080%
Realized vol: +35.1% · Drift: +0.8%

Revenue Forecast

₹ Cr
Jun '26Current₹1.4L
Sep 2026 ETrend estimate range
High₹1.2LBase₹1.1LLow₹1.0L
Sep '25: ₹1.0L · Dec '25: ₹1.2L · Mar '26: ₹1.1L · Jun '26: ₹1.4L · Sep '26: ₹1.1L · Dec '26: ₹1.3L
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1.0L1.2L1.1L1.4L1.1L1.3L
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹-54.17
Sep 2026 ETrend estimate range
High₹14.11Base₹12.60Low₹11.09
Sep '25: ₹18.00 · Dec '25: ₹19.14 · Mar '26: ₹23.04 · Jun '26: ₹-54.17 · Sep '26: ₹12.60 · Dec '26: ₹13.40
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E18.0019.1423.04-54.1712.6013.40
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Mixed
52%
Analyst Consensus
Weakening

From 31 analysts

Mean upside+3.6%

Fundamentals

Weakening

Fundamentals institutional score is 30 using growth durability 30.1.

Valuation

Attractive relative to peers

Valuation institutional score is 70 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Weakening

Analyst View institutional score is 25 using mean target upside 3.6%; dispersion penalty 30; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 87 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 7 recent ticker-linked news items.

Signal Summary

Market intelligence remains Mixed. valuation and technical structure provide support, while fundamentals and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals WeakeningValuation Attractive relative to peersAnalyst Consensus WeakeningTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price407.4 target
Mean Upside+3.6%
Technical Score87%
Fundamental Score30%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 6.4% above historical median. Valuation is rising — currently in the overvalued zone (z-score: +0.53). Confidence: 76%.

Live forward EPS implies next-12-month EPS of ₹55.99. Applying the stock's normalized valuation corridor produces a fair range of ₹2,236.24 to ₹2,824.14, with base value near ₹2,631.53 (+569.3% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹55.99

Forward P/E

7.0x

Base Fair Value

₹2,631.53

Fair Range

₹2,236.24 - ₹2,824.14

Upside To Base

+569.3%

Estimate Source

Live forward EPS

P/E
Overvalued

5Y Average

35.06

Current

50.02

Overvalued

50.44

Undervalued

39.94

EV/EBITDA
Strongly Overvalued

5Y Average

10.03

Current

14.31

Overvalued

14.22

Undervalued

5.64

P/B
Strongly Undervalued

5Y Average

1.60

Current

1.28

Overvalued

1.84

Undervalued

1.36

Peers & Comparison

Sector: Energy · Theme: Oil & Gas - Refining & Marketing

Oil & Gas - Refining & Marketing Peers6 peers
Avg P/E: 7.5x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
BHARAT PETROLEUM CORP LT
BPCLOil & Gas - Refining & Marketing
+34.4%3.5%
7.9x
Fair
+5% vs avg
+0.0%
MRPL
MRPLOil & Gas - Refining & Marketing
+120.4%2.9%
9.1x
Premium
+21% vs avg
+32.7%
INDIAN OIL CORP LTD
IOCOil & Gas - Refining & Marketing
+38.5%3.9%
5.8x
Undervalued
-23% vs avg
+1.4%
CHENNAI PETROLEUM CORP LT
CHENNPETROOil & Gas - Refining & Marketing
+84.8%5.5%
4.4x
Undervalued
-41% vs avg
+93.5%
OIL AND NATURAL GAS CORP.
ONGCOil & Gas - Exploration & Production
+25.7%6.2%
6.9x
Fair
-8% vs avg
+2.2%
OIL INDIA LTD
OILOil & Gas - Exploration & Production
+57.7%21.7%
11.1x
Premium
+48% vs avg
+4.6%
WHY THESE PEERS

HINDUSTAN PETROLEUM CORP trades at a premium (50.0x vs peer avg 7.5x), implying higher growth or quality expectations from the Oil & Gas - Refining & Marketing cohort. Peers include BHARAT PETROLEUM CORP LT, MRPL, INDIAN OIL CORP LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹1.40L CrJun 2026

Latest net profit

₹-11.53K CrJun 2026

Latest EPS

₹-54.17Jun 2026

Net margin

-11.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27-12.0%-6.0%0.0%6.0%12.0%-50.00K Cr0.00 Cr50.00K Cr1.00L Cr1.50L Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr40.00K Cr80.00K Cr1.20L Cr1.60L Cr₹-75₹-50₹-25₹0₹25
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherOtheradjustmentsNet Profit-50.00K Cr0.00 Cr50.00K Cr1.00L Cr1.50L Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-65.00K Cr0.00 Cr65.00K Cr1.30L Cr1.95L Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +111,96195,701111,306114,557113,82399,926110,505109,492110,767100,781115,054114,846140,485
Expenses +102,30687,484109,143109,753111,69797,202104,535103,696103,16693,890108,034105,868156,626
Operating Profit9,6558,2172,1644,8042,1262,7245,9705,7977,6026,8917,0198,978-16,141
OPM %9%9%1.9%4.2%1.9%2.7%5%5%7%7%6%8%-11%
Other Income +6283445568545525754798005235466869361,281
Interest588579614734731942929709749761674965765
Depreciation1,3641,2401,3381,6111,4761,5221,5101,5831,5491,5571,6192,4001,821
Profit before tax8,3316,7427683,3124718354,0104,3045,8265,1195,4136,550-17,446
Tax %26%24%31%14%24%24%25%22%25%25%25%25%-34%
Net Profit +6,2045,1185292,8433566313,0233,3554,3713,8304,0724,902-11,526
EPS in Rs29.1624.052.4913.361.672.9714.2115.7720.5418.0019.1423.04-54.17
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +54.90%54.90%54.90%54.90%54.90%
FIIs +13.55%14.48%16.35%17.26%13.58%
DIIs +23.16%22.24%20.64%19.58%22.85%
Public +8.38%8.37%8.09%8.24%8.65%
Others0.01%0.01%0.02%0.02%0.02%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Change in Management

Aug 01, 2026PDFCompany Reports Open