Hindustan Petroleum Corporation Ltd
HINDPETRO | 500104
₹391.6
-3.70 (-0.94%)
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Historical price movement and trading activity
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Hindustan Petroleum Corporation Limited (HPCL) is a Mega Public Sector Undertaking (PSU) with Navratna status. HPCL is a Government of India Enterprise listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited, with Oil and Natural Gas Corporation Limited (ONGC /the Holding Company) holding 54.90% as of March 31, 2025. The Corporation is engaged, primarily in the business of refining of crude oil and marketing of petroleum products. The Corporation operate refineries at Mumbai and Vishakhapatnam, LPG bottling plants and Lube blending plants. Corporation's marketing infrastructure includes vast network of Installations, Depots, Aviation Service Stations, Retail Outlets and LPG distributors. Hindustan Petroleum Corporation Limited was incorporated on July 5, 1952 with the name 'Standard Vacuum Refining Company'. Then, the name was changed to ESSO India. When ESSO and Lube India were nationalized, the company was renamed to Hindustan Petroleum Corporation Ltd in the year 1974. The Caltex undertaking was nationalized in the year 1976, which were subsequently merged with the company in the year 1978. In the year 1979, the undertakings of Kosan Gas Company, the concessionaires of HPCL in the domestic LPG market, was merged with the company. In December 2000, the 'Guru Gobind Singh Refineries' was incorporated as a wholly owned subsidiary company. The company completed the Rs 378 crore pipeline project from Vijayawada to Secunderabad, which was commissioned on March 2002. They set up a new LPG Bottling plant with capacity of 44 TMTPA in Kota. The company implemented 15 company tank trucks in the year 2004. During the year 2004-05, the company completed their construction of a new grassroot depot at Aonla, Bareilly in Uttar Pradesh with total cost of Rs 10.25 crore. Also, they completed the construction of another new grassroot depot at Ramagundam, Andhra Pradesh at a total cost of Rs 11.47 crore. Further they commissioned a total of 13100 KL additional tankage at various locations during the year. The company branded their retail outlets under the name 'CLUB HP'. They launched 'Turbojet' branded diesel and the 'Power' branded petrol in India. During the year 2005-06, the company's Mumbai Refinery undertook mega project at an approved cost of Rs 1850 crore to meet the MS/HSD of EURO-III grade in Metro/Mega cities and Bharat stage-II grade in the rest of the country and the Visakhapatnam Refinery undertook Clean Fuel Project at an approved cost of Rs 2147.8 crore to meet the MS/HSD of Euro-III grade in metro-mega cities and Bharat-II grade in the rest of the country. The company commissioned 647 retail outlets during the year. During the year 2008-09, the installation of facilities for production of Euro III / IV Petrol (Motor Spirit) at both the Refineries was completed. In pursuit of promoting alternate fuels, CREDA-HPCL Biofuel Ltd (CHBL) was incorporated on October 14, 2008, as a subsidiary company with equity shareholding of 74% by the company and 26% by Chhattisgarh State Renewable Energy Development Agency (CREDA). CHBL is to undertake cultivation of Jatropha plant, an energy crop used for production of bio- diesel, on 15,000 hectares of land leased by the Government of Chhattisgarh. HPCL Refineries commissioned Clean Fuels Projects and Euro-IV MS production started prior to January 2010 as per Auto Fuels Policy. Mumbai Refinery was the First Indian PSU refinery to commence BS-IV MS production facilities and first batch of BS-IV MS was rolled out in January 2010. In its continual effort to widen the crude basket, Mumbai Refinery processed 2 new crudes, namely Iran Mix and Ravva crude. In April 2011, the company approved the acquisition of balance 50% shares held by other joint venture partners in Prize Petroleum Company Ltd. In November 2011, the company entered into a MoU with Greater Calcutta Gas Supply Corporation Ltd (GCGSCL) and Gas Authority of India Ltd (GAIL) to carry out natural gas business in the City of Kolkata and its adjoining districts. The company is setting up a state-of-the-art Green R&D Centre at Bangalore with an objective to become a technology leader through continuous & innovative R&D efforts. The project is being executed in a phase manner with a phase-I capital investment of Rs 210 crore. In 2012, HPCL, Mittal Energy joint venture ties-up with IBM for data solutions. The company became a promoter of the Rajasthan refinery by taking a majority stake of 51 per cent in Rs 25,000-crore refinery with annual capacity of 9 million metric tonnes. In 2013, a Memorandum of Understanding (MOU) was signed between Government of Rajasthan (GOR) and the company for setting up a state-of-the-art 9 MMTPA refinery-cum-petrochemical complexes in Barmer District of Rajasthan. The company proposed to enter into a 50:50 joint venture with Shapoorji Pallonji Group for LNG terminal for import of liquid gas (LNG) on Gujarat Coast. The company procures 1mn barrels of Nigerian Qua Iboe crude oil. The company has been bestowed with the Golden Peacock Award for Excellence in Corporate Governance for the year 2013 by Institute of Directors. The company signs MoU with MOP&NG, Govt. of India for FY 2013-14. In 2014, the company's Mumbai Refinery bagged the coveted 'National Energy Conservation Award (First prize)' in the refinery sector. The company inaugurates KSP on world's highest motorable road. The company bags the Platts Top 250 Global Energy Award. The company acquires two gas blocks in Australia for AUD 85 million. In 2015, Hindustan Petroleum Corporation Ltd (HPCL) approved the proposal for implementation of capacity expansion of the company's Mumbai refinery from 7.5 MMTPA to 9.5 MMTPA. HPCL - HP-HiGAS Unit', a new commercial scale unit developed based on HPCL R&D technology at Visakhapatnam refinery was inaugurated during the year. The company commenced marketing of Bio-Fuel blended High Speed Diesel (B-5 Diesel) in select retail outlets of the country. On 27 May 2016, the Board of Directors of HPCL approved acquisition of 2.16 crore equity share of Petronet MHB Ltd. (PMHBL) at Rs 12.04 per share from Petronet India Ltd totaling to Rs 26.09 crore. The Board of Directors of HPCL at its meeting held on 20 July 2016 recommended issue of bonus shares in the ratio of 2 bonus shares for every 1 existing equity share. The board also approved Rs 20928-crore project to increase the capacity of Visakhapatnam refinery to 15 MMTPA from 8.33 MMTPA, with residue up-gradation facility meeting BS VI fuel specification compliance. On 21 July 2016, HPCL announced that the nameplate capacity of its Mumbai refinery stands enhanced to 7.5 MMTPA from 6.5 MMTPA due to various process improvements and de-bottlenecking schemes implemented by the company. Following approved from HPCL's Board of Directors as well as shareholders, the Reserve Bank of India on 5 August 2016 notified increase in the ceiling on investment in HPCL's shares by foreign institutional investors (FIIs) from 24% to 40% of the paid up capital of the company. HPCL commissioned Mangalore-Hassan-Mysore-Solur LPG pipeline (356 km) in October 2016 with a cost of nearly Rs 838 crore and ahead of scheduled time of completion. To reduce carbon footprints and promote renewable energy, HPCL commissioned a 50.5 MW wind power project in Rajasthan in December 2016, taking the total wind power capacity to 101 MW. On 7 December 2016, HPCL announced that it has signed a Consortium Agreement with Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited to carry out pre project activities for setting up of 60 MMTPA West Coast Refinery and a Petrochemical Project in the State of Maharashtra through a Joint Venture Company. The Board of Directors of HPCL at its meeting held on 17 April 2017 approved resumption of Rajasthan Refinery Project and signing of revised MOU with the State Government of Rajasthan for implementation of the project. The project involves the setting up of 9 MMTPA grass root refinery at Pachpadra in Barmer district in Rajasthan. The Board of Directors of HPCL at its meeting held on 26 May 2017 recommended issue of fully paid bonus shares in the ratio of 1 bonus equity share of Rs 10 each for every 2 existing equity shares of Rs 10 each. HPCL registered highest ever Profit after Tax of Rs 6209 crore on standalone basis with gross sales of Rs 213489 crore for the year ended 31 March 2017 (FY 2017). HPCL refineries at Mumbai and Visakhapatnam maximized crude processing and achieved the highest ever-combined refining throughput of 17.81 MMT with capacity utilization of 113% in FY 2017, compared to throughput of 17.23 million tonnes in FY 2016. HPCL successfully rolled out daily pricing of petrol and diesel across India effective from 16 June 2017 to smoothen flow of products from supply locations to the consumer and align the prices to the international prices on daily basis. On 6 July 2017, HPCL announced that it has raised $500 million from fixed rate senior unsecured notes in overseas markets. The company intends to use all of the proceeds of the issue to fund capital expenditure for its ongoing and future domestic projects in accordance with the ECB Guidelines of India. During 2017-18, three new ASFs at Srinagar, Tirupati and Patna were commissioned. Under Regional Connectivity Scheme, 3 new locations were comissioned at Vidyanagar, Jalgaon and Mundra in aviation business. In FY 2017-18, the Corporation commissioned Panagarh LPG plant with a bottling capacity of 250 TMTPA, which is the biggest LPG plant in Asia.Government of India transferred whole of its 51.11% of the total paid up equity share capital of HPCL to Oil and Natural Gas Corporation Limited (ONGC) on 31st January 2018. Post-acquisition, HPCL continues to be central public sector enterprise (CPSE) and a government company within the meaning of Section 2 (45) of the Companies Act, 2013. During 2017-18, HPCL completed the turnaround of CDU-I unit at Visakh Refinery and also implemented the best practice of risk-based inspection in some of the critical units at Mumbai Refinery and Visakh Refinery. During 2017-18, a number of process improvement schemes were implemented at both refineries including SEU II Furnace revamp at Mumbai Refinery and commissioning of the slop-processing scheme at Visakh Refinery. During 2017-18, HPCL commissioned 669 new retail outlets and exceeded the mark of 15,000 retail outlets by taking the total outlet number to 15,062 as on 31st March 2018. Besides network expansion, improving the volumes of the existing network also has been a key focus area for Retail SBU. About 1,000 outlets were modernized during the year with an investment outlay of over Rs 350 crore. HPCL Middle East FZCO, a 100% Subsidiary of your Corporation was incorporated on 11th February, 2018 as a Free Zone Company under Dubai Airport Free Zone and Establishment Card was issued on 22nd March, 2018 for the Company. The foreign subsidiary was established for trading in Lubricants & Grease, Petrochemicals and Refined Oil Products. RRPCL was incorporated on 22nd September, 2017 with Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) holding equity in the ratio 50%: 25%: 25% respectively. Ujjwala Plus Foundation, a joint venture of Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) with fund contribution in the ratio 50%: 25%: 25%, respectively was incorporated on 21st July, 2017 as a not-for-profit Private Company Limited by Guarantee (without Share Capital) under Section 8 of the Companies Act 2013. CHBL, in which HPCL holds 74% of equity shareholding, was dissolved with effect from 8th March 2018. During 2017-18, more than 650 outlets were added to the network of branded Club HP / Club HP Star outlets taking the total to over 2,700 as of March 2018. In line with the commitment to ensure a cleaner and greener environment, solar panels were installed at 464 retail outlets during the year. HPCL also launched an electric vehicle charging station at a retail outlet in Nagpur. To adapt to green energy solutions, HPCL initiated process of replacing existing conventional Metal Halide Lamps with LEDs at retail outlet network and LED installation was completed at 4,510 retail outlets during the year 2017-18. To cater to growing LPG demand, HPCL commissioned its largest LPG bottling plant at Panagarh in West Bengal with bottling capacity of 250 TMPTA. In addition, bottling capacity augmentation projects of 60 TMTPA each at Unnao (Uttar Pradesh) and Purnea (Bihar) LPG plants were also completed during the year 2017-18. During 2017-18, HPCL successfully executed retailer loyalty scheme aimed to create a larger customer base within Bazaar market and enhance brand awareness for HP Lubricants in the market. To strengthen connection to the key stakeholders in lube market i.e. retailer and mechanics, HPCL launched its market activation campaign named BANDHAN' during the year. Various activities were conducted at important markets involving a number of retailers and mechanics and educating them on HPCL's lubricant products and benefits. During 2017-18, HPCL made its footprint in UAE with incorporation of 100% owned subsidiary company, HPCL Middle East FZCO' at DAFZA (Dubai Airport Free Zone Area) in UAE. HPCL has also appointed a distributor in Myanmar in 2017 and have commenced sales. HPCL's sales efforts in Myanmar were bolstered by product launches in important markets of Yangon and Mandalay and are being supported through various promotional and marketing activities in the region. During 2017-18, HPCL commissioned 5 new Kerb Side Pumps (KSPs) for Indian Army, taking total KSPs to 93 with total tankage of 4,841 KL to ensure smooth supply of POL products to Army in toughest terrains of country. The Company also commissioned 8,600 KL of scattered tankage for Indian Army at Leh during the year. It further completed the Advance Winter Stocking of POL products for Indian Army in Kashmir Valley and Leh within stipulated time. During 2017-18, international airlines and carriers like Azur Air, Thai Airways, Kenya Airways, Scoot Tiger Air, Silk Air, Nepal Airlines, SriLankan Airlines and Biman Bangladesh were added to the existing customer portfolio. During 2017-18, aviation fuel infrastructure was augmented by setting up new fixed facilities at Tirupati, Srinagar & Patna airports. In addition, 3 new ASFs were commissioned during 2017-18 at Jalgaon, Vidyanagar and Mundra airports where flight operations were commenced under Regional Connectivity Scheme of Government of India. During 2017-18, HPCL revamped and augmented the facilities at various locations including 8 bay Tank Truck (TT) filling gantry with allied facilities at Loni & Nalagarh and 6 Bay ATF TT loading facilities (fully compliant to MBLC requirements) along with allied facilities at Bahadurgarh terminal. In addition, revamp of Jabalpur depot was completed with state of the art safety features. The depot was made fully compliant to latest OISD standards and enabled with fully automated loading operation. During 2017-18, HPCL implemented a number of cost leadership initiatives in operation and distribution of petroleum products, which resulted in substantial savings for the Corporation. Major initiatives undertaken during 2017-18 include simultaneous tanker discharge at Ennore and Visakh terminals and realignment of retail outlets to optimize the logistics cost. Energy efficient lighting system was installed at 40 locations and solar plants (Rooftop and ground mounted) of total capacity 2,700 KW were installed at 32 POL locations during the year 2017-18. Strict monitoring of specific energy & water consumption across locations was achieved through sustained awareness building. Rainwater harvesting at all major locations along with fresh water management has helped to reduce water consumption significantly. During 2017-18, the Company's joint venture Hindustan Colas Private Ltd. (HINCOL) supplied Bitumen emulsions to numerous road projects in India registering a sales growth of 5% over historical. It also supplied Polymer Modified Bitumen for construction of runways at Chandigarh and Kannur international airports and Air Force stations at Pune, Tambaram, Awantipur, Sirsa and Kalburgi. During 2018-19, HPCL's wholly owned subsidiary, HPCL Middle East FZCO commenced business operations in UAE. HPCL exported lubes to Nepal, Bangladesh, Bhutan, Sri Lanka, Myanmar, Vietnam, South Korea, UAE, Democratic Republic of Congo (Africa) and Ecuador (South America). HP Lubricants was the first Indian brand to mark its presence in Vietnam & Ecuador. New lubricant distributorships were commissioned in Bangladesh, Bhutan, Vietnam, UAE & Democratic Republic of Congo during 2018-19. HPCL recorded the bulk diesel sales of 1,372 TMT and commissioned 50 new consumer pump facilities across the country for consolidation of bulk Diesel business. Pipeline project for capacity expansion of Ramanmandi Bahadurgarh Pipeline (RBPL) from 4.71 to 7.11 MMTPA was completed. It strengthened supply infrastructure of various infrastructure projects including storage & distribution depot at Leh, new wagon gantry at Visakh black oil terminal and revamp of the existing tank wagon facility at Jabalpur depot. It signed a business agreement with Indigo at various new airports and added a number of international airlines to the existing customer portfolio. In 2018-19, Corporation commissioned 478 new retail outlets during the year with network totaling to 15,440. 1,018 new LPG distributorships were commissioned during the year. It commissioned LPG plant in Warangal with a bottling capacity of 60 TMTPA. Aviation Service Facilities was augmented by setting up new fixed facilities at Amritsar, Bhubaneshwar, Raipur and Regional Connectivity Scheme (RCS) location at Kolhapur. HPCL launched its own packaged drinking water brand Reminero', marketed through company's retail outlet network in the cities of Hyderabad, Bangalore and Mysore. Another new initiative undertaken was marketing of Adblue' (Diesel exhaust fluid) through HPCL retail outlet network. It commissioned 478 new retail outlets taking the number of total retail outlets to 15,440 as of 31st March, 2019. In May 2018, mobile fuel dispenser HP Fuel Connect' to supply Diesel to select customers at their premises was commissioned. Solar power panels were installed at 737 outlets and energy efficient LED bulbs were marketed through the retail outlet network. In addition, Electric Vehicle (EV) charging stations have been commissioned at 7 HPCL retail outlets, as of 31st March, 2019. In FY'20, the Corporation commissioned its first outlet in Bhutan as a part of the tie-up with State Trade Corporation of Bhutan Limited (STCBL) for setting up of retail outlets and supply of motor fuels in Bhutan. It launched a new product, Very Low Sulphur Fuel Oil (VLSFO), to leverage the opportunities of low sulphur marine fuels effective from January 01, 2020. Aviation Service Facilities (ASFs) was augmented by setting up new facilities at Nagpur, Ranchi and Vidyanagar in Karnataka taking the total ASFs to 44. In March, 2021 Company acquired 50% stake in HPCL Shapoorji Energy Pvt. Ltd. (HSEPL) held by SP Ports Pvt. Ltd. and became subsidiary of HPCL. In FY'21, Corporation launched a new product 'HP GAS FLAME PLUS' for commercial and industrial customers. It commissioned 112 new regular LPG distributorships taking the total number of distributors to 6,192. During 2021, 51 new CNG stations were commissioned. Import of LNG from International Market commenced and Corporation started marketing natural gas to industrial customers. Aviation Service Facility (ASF) network was augmented with commissioning of new ASFs at Shirdi and Kurnool taking the total number of ASFs to 46. During FY 2020-21, Corporation installed captive solar power capacity of 11.4 MWp at Retail Outlets, POL locations, Pipeline stations etc. taking the total solar power capacity to 43.95 MWp. During the year 2022, Retail SBU of the Corporation ventured into non fuel retailing by launching branded store Club HP 'Happy Shop' at retail outlets. Further, packaged drinking water under the brand name 'Paani@Club HP' was also launched. 1391 Retail Outlets were commissioned taking the total to 20,025 and 273 Door-to-Door Mobile Dispensers were commissioned, totaling to 660. To meet the rising demand in North East India, a 30 TMTPA Bottling plant was commissioned at Goalpara, the first HPCL bottling plant in Assam. The Corporation has commissioned the 120 TMTPA capacity LPG Plant at Gonda, Uttar Pradesh and an additional 5.5 TMT of LPG Mounded Storage Vessels at various locations. Lube R&D at Mumbai was amalgamated with HPCL Green R&D Centre, Bengaluru with additional facilities bringing in better synergy and resource optimization. Corporation's Mumbai refinery commissioned new tanks at MR-II facility and implemented Naphtha and MTO loading facility ex Mahul terminal. Visakh refinery achieved mechanical completion for Tankage-B package and as part of Sagarmala project at Oil Wharf, commissioned Bitumen shipping line to OR-III jetty during the year. Corporation was the first Oil Marketing Company to place an order for Electrolyser to produce Green Hydrogen. In March 2023, the Corporation commissioned Crude Distillation Unit with a capacity of 9 MMTPA; it commissioned other critical systems, including, Grid Power connectivity, Raw Water, Bearing Cooling Water, Sea Cooling Water, Plant Air/ Instrument Air Cryogenic Nitrogen Unit, and a state-of-the-art 'Staged Flare'. Further, in January 2023, six new crudes, including, Ural, Amenam Blend, Egina, Tupi, Novy Port, and Sokol, were processed for the first time in Visakh refineries. During the financial year 2022-23, the Mumbai Refinery commissioned rooftop solar panels with a capacity of 700 KW. Furthermore, the Mumbai Refinery continued to source more than 70% of its power requirement from the grid. Additionally, as part of the Visakh Refinery Modernization Project (VRMP), the Visakh Refinery commissioned a project to connect the refinery power to grid at 220KV levels. Virtual Reality Training facilities were launched recently in both Mumbai and Vishakhapatnam Refineries as a part of transformative journey in 2023. During the year 2023, 1161 Retail Outlets were commissioned taking the total retail network to 21186 numbers. 301 CNG facilities were added at Retail Outlets and EV Charging Systems (EVCS) were added at 1026 Retail Outlets. Corporation launched Power95', a high octane premium branded petrol; solar panels were installed at 4064 Retail Outlets during the year, taking the total number of Retail Outlets with solar power to 10475 of the total Retail network. Corporation commissioned 3 LPG Plants during the year 2023, namely 120 TMTPA capacity LPG Plant at Barhi, Jharkhand; 180 TMTPA capacity LPG Plant at Patalganga, Maharashtra; and 60 TMTPA capacity LPG Plant at Sitarganj, Uttarakhand. Additionally, 21 mounded storage vessels were commissioned at 9 different locations augmenting the LPG storage capacity by 9.8 TMT. It commissioned 45 new domestic and 51 non-domestic LPG distributors, totalling to 6283 domestic LPG distributors and 328 LPG non-domestic LPG distributors. It strengthened the Lubes marketing network by adding 36 new Channel Partners. The Corporation ventured into marketing of Petrochemical products thru the launch of 'HP DURAPOL' brand. It launched new products like HP Super Solvent, LSHS Premium, Marine Bio Fuel and Warm Mix Additive. It started MTO rake unloading facilities at Dharmapuri and Vadodara, commissioned LDO rake receipt and Tank Truck loading facility at Haldia and Hexane tankages at Akola and Sitarganj depots. It acquired 5 nos. Air Force stations and two new locations of Kannur and Mopa during the year 2023 into the Aviation business. During the year 2023, Corporation commissioned 86 new CNG stations in the GAs authorized to it, taking the total number of CNG stations in authorized GAs to 209. Additionally, 2110 inch-km of steel pipeline, 1233 KM of MDPE pipeline was added and 22,733 new PNG connections were released during the year. Two new locations of Dharmapuri Terminal in Tamil Nadu and Sitar Ganj Depot in Uttarakhand were commissioned and the Kozhikode Depot was recommissioned. To ensure correct quality and quantity of fuel delivered, it has installed upgraded Vehicle Tracking System with AIS-140 compliant devices and Electro Mechanical Locking systems for all Tank Trucks. The Corporation's Pipeline vertical increased the network to 5,132 KM with the commissioning of major pipeline projects of Hassan Cherlapally Pipeline (650 KM) and Vijayawada Dharmapuri Pipeline (697 KM). With these commissionings, petroleum-product-pipeline mainline capacity rose to 35.2 MMTPA. New grade of Bio-marine fuel for bunker use was launched. The Corporation installed captive solar power capacity of 30.34 MWp across various locations during the year, taking the total solar power capacity to 84.355 MWp as of 31st March, 2023. During financial year 2023-24, Corporation has commissioned five Railway Consumer Depots (RCDs), which have been implemented on Total Fuel Management (TFM) model. It inaugurated its latest ASF in Ayodhya and ATF Tank Facility at Akola New-IRD and Srinagar IRD. Additionally, HP Aviation fueled the inaugural Air Force test flight at Ayodhya Maharishi Valmiki International Airport. It commissioned 119 new CNG stations in the GAs authorized to it, taking the total number of CNG stations in authorized GAs to 328. It commissioned first Liquefied Natural Gas (LNG) dispensing station at a retail outlet in Oran, Sabarkantha District, Gujarat. Corporation commenced commercial sale at its first Biomassbased Compressed Biogas (CBG) Plant of 14.2 Tons Per Day (TPD) capacity at Budaun, Uttar Pradesh, using rice straw as feedstock. It has set up a CBG plant of 100 TPD of Cow dung processing capacity under the CSR scheme at Pathmeda, Rajasthan. Further, it has also set up a waste to biogas plant at its Yerada Park Housing colony at Visakhapatnam, Andhra Pradesh. Corporation commissioned 5 numbers of CBG Plants with total capacity of 26.1 TPD CBG, taking the total to 9 Plants with total capacity of 54.65 TPD. Further, Corporation has issued 20 new LOIs for CBG plants with CBG production capacity of 112.5 TPD in financial year 2023-24 taking the total number of active LOIs to 107 with total capacity of 606.6 TPD. HPCL commissioned a new LDO rake unloading facility at Mangalore (Karnataka) and a black oil rake unloading facility at Kandla (Gujarat). The commissioning of new Aviation Service Facilities (ASF) at Maharishi Valmiki International Airport, Ayodhya (Uttar Pradesh), further strengthened the aviation fuel network. The Company incorporated a wholly-owned subsidiary named HPCL Renewable & Green Energy Ltd. (HPRGE)' in January 2024. The retail network expanded with 1,725 new outlets, increasing the footprint to 23,747 in FY 2025. HPCL commissioned 361 new CNG stations, bringing the total to 2,038, and installed 2,412 new EV charging points, increasing the total to 5,976 in FY 2025. In the natural gas business, HPCL commissioned LNG import and regasification terminal at Chhara Port in Gujarat through its 100% subsidiary, 'HP LNG Limited,' in 2024-25. It expanded the reach by commissioning new depot at Dimapur and enhanced the capacity and services of its key facilities at Raipur, Sangrur and Vashi. Residue Upgradation Facility (RUF) at Visakh Refinery, a first of its kind in India has been mechanically completed. Mumbai Refinery demonstrated production of De-Aromatised Kerosene (DAK) solvents through HP-DAK unit based on HPGRDC technology; a project is also initiated for pharma-grade Hexane production. HPCL commissioned parallel hydrotreating of VGO in Diesel Hydrotreating unit of Mumbai Refinery, boosting MS production.
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Hindustan Petroleum Corporation Ltd Slides 3.78%, BSE Oil & Gas index Drops 1.39%
8 Jul 2026
Hindustan Petroleum Corporation Ltd has added 4.71% over last one month compared to 0.29% fall in BSE Oil & Gas index and 5.84% rise in the SENSEX
Hindustan Petroleum Corporation Ltd lost 3.78% today to trade at Rs 390.4. The BSE Oil & Gas index is down 1.39% to quote at 26081.8. The index is down 0.29 % over last one month. Among the other constituents of the index, Bharat Petroleum Corporation Ltd decreased 3.55% and Indian Oil Corporation Ltd lost 2.92% on the day. The BSE Oil & Gas index went down 8.66 % over last one year compared to the 7.04% fall in benchmark SENSEX. Hindustan Petroleum Corporation Ltd has added 4.71% over last one month compared to 0.29% fall in BSE Oil & Gas index and 5.84% rise in the SENSEX. On the BSE, 65707 shares were traded in the counter so far compared with average daily volumes of 3.86 lakh shares in the past one month. The stock hit a record high of Rs 508.45 on 05 Jan 2026. The stock hit a 52-week low of Rs 316.2 on 23 Mar 2026. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd up for third straight session
24 Jun 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 400.85, up 1.03% on the day as on 12:49 IST on the NSE. The stock is down 1.79% in last one year as compared to a 4.99% slide in NIFTY and a 11.47% slide in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 400.85, up 1.03% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 23985.1. The Sensex is at 76861.12, up 0.87%. Hindustan Petroleum Corporation Ltd has slipped around 0.62% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has slipped around 1.6% in last one month and is currently quoting at 40268.7, down 0.85% on the day. The volume in the stock stood at 29.26 lakh shares today, compared to the daily average of 65.88 lakh shares in last one month. The benchmark June futures contract for the stock is quoting at Rs 401.95, up 1.27% on the day. Hindustan Petroleum Corporation Ltd is down 1.79% in last one year as compared to a 4.99% slide in NIFTY and a 11.47% slide in the Nifty Energy index. The PE of the stock is 4.91 based on TTM earnings ending March 26. Powered by Capital Market - Live News
OMC stocks rally as crude oil tumbles on US-Iran peace deal hopes
15 Jun 2026
Shares of oil marketing companies (OMCs) advanced on Monday after crude oil prices fell sharply following reports of a breakthrough in peace negotiations between the United States and Iran.
Hindustan Petroleum Corporation (HPCL) rose 3.68%, Indian Oil Corporation (IOC) gained 2.85%, while Bharat Petroleum Corporation (BPCL) added 2.36%. The rally came after Brent crude futures declined more than 4% to around $83 per barrel as investors cheered a preliminary agreement between the US and Iran that could pave the way for the reopening of the Strait of Hormuz, one of the world's most important oil shipping routes. US President Donald Trump said the agreement would lead to the reopening of the Strait of Hormuz and the lifting of the US naval blockade. The Strait of Hormuz handles roughly one-fifth of global seaborne oil trade. Any disruption to traffic through the route typically raises concerns over supply shortages and pushes crude prices higher. A potential reopening of the waterway is expected to restore normal crude flows from the Gulf region, easing supply concerns and reducing pressure on oil prices. Lower crude prices are generally positive for OMCs as they reduce input costs and support refining and marketing margins. Since domestic fuel prices do not always move in line with fluctuations in global crude prices, a decline in oil prices can improve profitability for fuel retailers. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd spurts 3.59%, up for five straight sessions
25 May 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 403.65, up 3.59% on the day as on 12:44 IST on the NSE. The stock is down 2.64% in last one year as compared to a 4.17% fall in NIFTY and a 13.03% fall in the Nifty Energy.
Hindustan Petroleum Corporation Ltd rose for a fifth straight session today. The stock is quoting at Rs 403.65, up 3.59% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 1.01% on the day, quoting at 23958.55. The Sensex is at 76230.39, up 1.08%. Hindustan Petroleum Corporation Ltd has added around 5.97% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has added around 0.15% in last one month and is currently quoting at 40237.6, up 0.8% on the day. The volume in the stock stood at 79.21 lakh shares today, compared to the daily average of 80.55 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 403.15, up 3.42% on the day. Hindustan Petroleum Corporation Ltd is down 2.64% in last one year as compared to a 4.17% fall in NIFTY and a 13.03% fall in the Nifty Energy index. The PE of the stock is 4.83 based on TTM earnings ending March 26. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd up for third straight session
21 May 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 387.35, up 1.2% on the day as on 12:49 IST on the NSE. The stock is down 3.46% in last one year as compared to a 3.98% slide in NIFTY and a 14.01% slide in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd is up for a third straight session today. The stock is quoting at Rs 387.35, up 1.2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 23630.9. The Sensex is at 75137.86, down 0.24%. Hindustan Petroleum Corporation Ltd has gained around 1.25% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has gained around 1.04% in last one month and is currently quoting at 40154.95, up 0.39% on the day. The volume in the stock stood at 46.48 lakh shares today, compared to the daily average of 79.65 lakh shares in last one month. The benchmark May futures contract for the stock is quoting at Rs 386.85, up 1.08% on the day. Hindustan Petroleum Corporation Ltd is down 3.46% in last one year as compared to a 3.98% slide in NIFTY and a 14.01% slide in the Nifty Energy index. The PE of the stock is 4.74 based on TTM earnings ending March 26. Powered by Capital Market - Live News
Oil marketing stocks rise after fresh fuel price hike
19 May 2026
Shares of oil marketing companies moved higher on Tuesday after the government raised petrol and diesel prices for the second time in less than a week.
Hindustan Petroleum Corporation gained 2.83%. Indian Oil Corporation rose 2.57%, while Bharat Petroleum Corporation advanced 2.53%. Petrol and diesel prices were increased by around 90 paise per litre. The move follows Friday's fuel price hike of up to Rs 3 per litre. The consecutive hikes are expected to support the margins of oil marketing companies, which have been under pressure due to elevated crude oil prices. Global oil prices have remained firm amid geopolitical tensions in West Asia and disruptions around the Strait of Hormuz, a key route for global oil shipments. Crude prices have largely stayed above the $100-per-barrel mark after crossing the level earlier this year. Powered by Capital Market - Live News
HPCL gains as Q4 PAT jumps 46% YoY to Rs 4,901 cr
13 May 2026
Hindustan Petroleum Corporation (HPCL) added 2.08% to Rs 377.30 after its standalone net profit jumped 46.09% to Rs 4,901.50 crore in Q4 FY26 as against Rs 3,354.98 crore in Q4 FY25.
The company's total income (excluding excise duty) rose 4.97% YoY to Rs 1,15,782.23 crore during the March 2026 quarter. Profit before tax (PBT) stood at Rs 6,549.84 crore in Q4 FY26, registering a growth of 52.16% compared Rs 4,304.43 crore in Q4 FY25. The gross refining margin (GRMs) jumped to US $14.27 per barrel in Q4 FY26 from US $8.44 per barrel in Q4 FY25. During the quarter, HPCL's refineries recorded a crude throughput of 6.43 million metric tonnes (MMT) in Q4 FY26, representing a 4.59% decline over 6.74 MMT in Q4 FY25. The company's Q4 FY26 sales, including exports, stood at 13.0 MMT, up 2.4% year-on-year. Domestic sales grew 2.7% during the quarter. Combined sales of petrol (MS) and diesel (HSD) stood at 7.83 MMT, up 3.3% YoY, while total LPG sales were at 2.29 MMT. Pipeline throughput during the quarter stood at 6.48 MMT. On the margins front, the operating margin improved to 5.32% in Q4 FY26 from 3.56% in Q4 FY25. Similarly, the net profit margin rose to 3.97%, up from 2.84% in the corresponding quarter of the previous fiscal year. Capex for Q4 FY26 stood at Rs 4,611 crore, taking the cumulative capex for FY26 to Rs 15,705 crore. The investments were focused on strengthening refining and marketing infrastructure, including investments in subsidiaries and joint venture companies to build additional capacities, develop new business lines and improve operating efficiencies. Retail network expansion continued during Q4 FY26 with 526 retail outlets commissioned, taking the total to 25,098. One new LPG distributor was added during the quarter, bringing the total to 6,389. In the city gas distribution (CGD) segment, 160 inch-km of steel pipeline (total: 14,939 inch-km) and 130 km of MDPE pipeline (total: 7,706 inch-km) were laid during Q4 FY26. The board of directors has recommended a final dividend of Rs 19.25 per equity share of face value Rs 10 for FY26, subject to approval of the shareholders at the Annual General Meeting (AGM). This is in addition to an interim dividend of Rs 5 per equity share already paid for FY26. Hindustan Petroleum Corporation is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd Slides 0.73%
7 May 2026
Hindustan Petroleum Corporation Ltd has added 19.64% over last one month compared to 8.46% gain in BSE Oil & Gas index and 4.6% rise in the SENSEX
Hindustan Petroleum Corporation Ltd fell 0.73% today to trade at Rs 396.5. The BSE Oil & Gas index is down 0.09% to quote at 27718.9. The index is up 8.46 % over last one month. Among the other constituents of the index, Indian Oil Corporation Ltd decreased 0.44% and Petronet LNG Ltd lost 0.12% on the day. The BSE Oil & Gas index went up 3.64 % over last one year compared to the 3.34% fall in benchmark SENSEX. Hindustan Petroleum Corporation Ltd has added 19.64% over last one month compared to 8.46% gain in BSE Oil & Gas index and 4.6% rise in the SENSEX. On the BSE, 56782 shares were traded in the counter so far compared with average daily volumes of 3.34 lakh shares in the past one month. The stock hit a record high of Rs 508.45 on 05 Jan 2026. The stock hit a 52-week low of Rs 316.2 on 23 Mar 2026. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd soars 1.48%, gains for fifth straight session
21 Apr 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 385.1, up 1.48% on the day as on 12:44 IST on the NSE. The stock is down 3.35% in last one year as compared to a 1.59% jump in NIFTY and a 14.21% jump in the Nifty Energy.
Hindustan Petroleum Corporation Ltd is up for a fifth straight session today. The stock is quoting at Rs 385.1, up 1.48% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 24552.55. The Sensex is at 79171.6, up 0.83%. Hindustan Petroleum Corporation Ltd has gained around 20.66% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has gained around 13.15% in last one month and is currently quoting at 39184.7, up 0.6% on the day. The volume in the stock stood at 46.47 lakh shares today, compared to the daily average of 109.54 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 384.65, up 1.54% on the day. Hindustan Petroleum Corporation Ltd is down 3.35% in last one year as compared to a 1.59% jump in NIFTY and a 14.21% jump in the Nifty Energy index. The PE of the stock is 5.16 based on TTM earnings ending December 25.
Hindustan Petroleum Corporation Ltd soars 9.52%, Gains for third straight session
8 Apr 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 362.95, up 9.52% on the day as on 12:49 IST on the NSE. The stock is down 4.31% in last one year as compared to a 6.94% gain in NIFTY and a 15.33% gain in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 362.95, up 9.52% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 3.58% on the day, quoting at 23952.55. The Sensex is at 77387.3, up 3.71%. Hindustan Petroleum Corporation Ltd has dropped around 5.62% in last one month. Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has dropped around 2.07% in last one month and is currently quoting at 35578.25, up 2.3% on the day. The volume in the stock stood at 205.54 lakh shares today, compared to the daily average of 128.59 lakh shares in last one month. The benchmark April futures contract for the stock is quoting at Rs 363.25, up 9.2% on the day. Hindustan Petroleum Corporation Ltd is down 4.31% in last one year as compared to a 6.94% gain in NIFTY and a 15.33% gain in the Nifty Energy index. The PE of the stock is 4.51 based on TTM earnings ending December 25.
Hindustan Petroleum Corporation Ltd Surges 2.47%
27 Mar 2026
Hindustan Petroleum Corporation Ltd has lost 19.24% over last one month compared to 11.62% fall in BSE Oil & Gas index and 8.98% drop in the SENSEX
Hindustan Petroleum Corporation Ltd gained 2.47% today to trade at Rs 352.7. The BSE Oil & Gas index is up 0.39% to quote at 25896.82. The index is down 11.62 % over last one month. Among the other constituents of the index, Bharat Petroleum Corporation Ltd increased 1.55% and Indian Oil Corporation Ltd added 1.28% on the day. The BSE Oil & Gas index went up 3.36 % over last one year compared to the 3.51% fall in benchmark SENSEX. Hindustan Petroleum Corporation Ltd has lost 19.24% over last one month compared to 11.62% fall in BSE Oil & Gas index and 8.98% drop in the SENSEX. On the BSE, 10470 shares were traded in the counter so far compared with average daily volumes of 4.27 lakh shares in the past one month. The stock hit a record high of Rs 508.45 on 05 Jan 2026. The stock hit a 52-week low of Rs 316.2 on 23 Mar 2026. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd Spikes 2.65%
5 Feb 2026
Hindustan Petroleum Corporation Ltd has lost 2.09% over last one month compared to 3.34% gain in BSE Oil & Gas index and 1.54% drop in the SENSEX
Hindustan Petroleum Corporation Ltd rose 2.65% today to trade at Rs 471.25. The BSE Oil & Gas index is up 0.49% to quote at 29164.89. The index is up 3.34 % over last one month. Among the other constituents of the index, Indian Oil Corporation Ltd increased 2.37% and Bharat Petroleum Corporation Ltd added 1.8% on the day. The BSE Oil & Gas index went up 14.73 % over last one year compared to the 7.01% surge in benchmark SENSEX. Hindustan Petroleum Corporation Ltd has lost 2.09% over last one month compared to 3.34% gain in BSE Oil & Gas index and 1.54% drop in the SENSEX. On the BSE, 48018 shares were traded in the counter so far compared with average daily volumes of 2.35 lakh shares in the past one month. The stock hit a record high of Rs 508.45 on 05 Jan 2026. The stock hit a 52-week low of Rs 287.55 on 03 Mar 2025. Powered by Capital Market - Live News
Hindustan Petroleum Corporation Ltd eases for fifth straight session
23 Jan 2026
Hindustan Petroleum Corporation Ltd is quoting at Rs 417.1, down 2.48% on the day as on 13:19 IST on the NSE. The stock jumped 18.21% in last one year as compared to a 8.91% rally in NIFTY and a 0.07% fall in the Nifty Energy index.
Hindustan Petroleum Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 417.1, down 2.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.56% on the day, quoting at 25148.95. The Sensex is at 81826.26, down 0.58%.Hindustan Petroleum Corporation Ltd has eased around 11.39% in last one month.Meanwhile, Nifty Energy index of which Hindustan Petroleum Corporation Ltd is a constituent, has eased around 5.29% in last one month and is currently quoting at 33747, down 1.5% on the day. The volume in the stock stood at 45.04 lakh shares today, compared to the daily average of 48.82 lakh shares in last one month. The benchmark January futures contract for the stock is quoting at Rs 417.3, down 2.39% on the day. Hindustan Petroleum Corporation Ltd jumped 18.21% in last one year as compared to a 8.91% rally in NIFTY and a 0.07% fall in the Nifty Energy index. The PE of the stock is 5.82 based on TTM earnings ending December 25. Powered by Capital Market - Live News
HPCL Q3 PAT jumps 35% YoY to Rs 4,072 cr
22 Jan 2026
Hindustan Petroleum Corporation (HPCL)'s standalone net profit jumped 34.72% to Rs 4,072.49 crore in Q3 FY26 as against Rs 3,022.90 crore in Q3 FY25.
The company's total income (excluding excise duty) rose 5.23% YoY to Rs 1,15,740.02 crore during the December 2025 quarter. Profit before tax (PBT) stood at Rs 5,412.68 crore in Q3 FY26, registering a growth of 34.96% compared to the same quarter last year. The gross refining margin (GRMs) jumped to US $8.85 per barrel in Q3 FY26 from US $6.01 per barrel in Q3 FY25. During the quarter, HPCL's refineries recorded a crude throughput of 6.38 million metric tonnes (MMT) in Q3 FY26, representing a 1.39% growth over 6.47 MMT in Q3 FY25. The company's Q3 FY26 sales, including exports, stood at 13.34 MMT, registering a 3.7% year-on-year increase, while domestic sales grew 3.1%. Combined sales of petrol (MS) and diesel (HSD) reached 8.07 MMT, up 2.6% YoY, and total LPG sales (domestic and non-domestic) rose 8.9% to 2.52 MMT. Pipeline throughput during the quarter was 6.24 MM. On the margins front, the operating margin improved to 4.34% in Q3 FY26 from 3.76% in Q3 FY25. Similarly, the net profit margin rose to 3.27%, up from 2.54% in the corresponding quarter of the previous fiscal year. Capital expenditure in Q3 FY26 stood at Rs 4,976 crore, taking cumulative capex for the first nine months of FY26 to Rs 11,094 crore. The spending was focused on strengthening refining and marketing infrastructure, including investments in subsidiaries and joint ventures to add capacities, develop new business lines and improve operating efficiencies. Under its network expansion and outreach initiatives, the company commissioned 321 retail outlets in Q3 FY26, taking the total network to 24,572 outlets. It also added five new LPG distributors during the quarter, raising the total to 6,389. In the city gas distribution (CGD) segment, the company laid 793 inch-km of steel pipelines and 194 km of MDPE pipelines in Q3 FY26, taking cumulative lengths to 14,026 inch-km and 4,593 km, respectively, and added 12,457 domestic PNG connections, with the total reaching 1,45,867. Hindustan Petroleum Corporation is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. Shares of Hindustan Petroleum Corporation shed 0.12% to Rs 428.45 on the BSE. Powered by Capital Market - Live News
Corporate News
Hindustan Petroleum Corporation announces change in directorate
1 Jun 2026
With effect from 01 June 2026
Hindustan Petroleum Corporation announced that K S Shetty, Director - Human Resources of the company has assumed the additional charge of the post of Director ' Finance for a period of three months effective 01 June 2026.
Hindustan Petroleum Corporation announces cessation of Director Finance and CFO
1 Jun 2026
With effect from 01 June 2026
Hindustan Petroleum Corporation announced that Rajneesh Narang (DIN: 08188549), Director ' Finance and CFO of the Company has superannuated from the services on 31 May 2026 and hence ceased to be a Director & CFO with effect from 01 June 2026.
Board of Hindustan Petroleum Corporation recommends final dividend
13 May 2026
Of Rs 19.25 per share
Hindustan Petroleum Corporation announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 19.25 per equity Share (i.e. 192.5%) , subject to the approval of the shareholders.
Hindustan Petroleum Corporation schedules board meeting
6 May 2026
On 13 May 2026
Hindustan Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 13 May 2026.
Hindustan Petroleum Corporation announces cessation of director
5 May 2026
With effect from 05 May 2026
Hindustan Petroleum Corporation announced the cessation of Vivekananda Biswal (DIN: 00977767) as an Independent Director of the Company effective 05 May 2026 on completion of tenure.
Hindustan Petroleum to invest Rs 2 cr in startup Maraal Aerospace
30 Jan 2026
Hindustan Petroleum Corporation (HPCL) executed a Share Subscription and Shareholders Agreement (SSSHA) with IIT Kanpur incubated Deep-tech Startup Maraal Aerospace at IEW 2026, Goa, on 29 January 2026 marking a significant milestone in advancing India's clean-energy and deep-tech aerospace ecosystem. Under HPCL's Startup Support Initiative 'HP Udgam', HPCL is investing Rs. 2 crore in the startup to accelerate product development, testing, and system validation, enabling faster product realization and scale-up. Maraal Aerospace is developing India's First Solar-Powered Long endurance Drone powered by clean-energy propulsion. The product combines high-efficiency aerodynamics with solar-assisted electric propulsion, offering up to 12 hours of endurance, 150 km one-way range, and service ceiling up to 6 Km above Mean Sea Level with low operating costs and reduced logistical dependence. The product will significantly strengthen India's defence and critical civilian applications, including border and maritime surveillance, ISR missions, infrastructure and asset inspection, and disaster management operations. The company's roadmap includes a Solar + Hydrogen hybrid variant targeting 24-hour endurance and future High Altitude Pseudo Satellite platform capable of missions exceeding 90 days. Through this partnership, HPCL reaffirms its commitment to strengthening India's indigenous innovation ecosystem in clean-energy and deeptech startups. Powered by Capital Market - Live News
Indian Gas Exchange and Hindustan Petroleum Corporation signs MoU
30 Jan 2026
To enhance utilization of Chhara LNG Terminal
Indian Gas Exchange (IGX) and Hindustan Petroleum Corporation (HPCL) signed a Memorandum of Understanding (MoU) to strengthen access to regasification infrastructure and deepen market-based participation in India's natural gas ecosystem. Under the collaboration, IGX will develop a digital, market-driven platform to facilitate transparent booking of regasification services at HPCL's Chhara LNG Terminal. HPCL will offer its storage and regasification capacities for booking in pre-specified quantities and durations through this platform. The initiative is aimed at improving infrastructure utilization, widening participation, and supporting the evolution of a more liquid, competitive, and efficient gas market in India. Powered by Capital Market - Live News
Hindustan Petroleum Corporation and Castrol India signs MoU
27 Jan 2026
To explore development of Re-Refined Base Oil (RRBO) ecosystem in India
Hindustan Petroleum Corporation (HPCL) and Castrol India'have signed a Memorandum of Understanding to explore the development of Re-Refined Base Oil (RRBO) ecosystem in India. Under this MoU, the two companies will work together to evaluate a model for collecting used lubricating oil, have it re-refined for its use in lubricant production. The collaboration aims to assess the commercial, operational and technical feasibility of such a circular model at scale. Speaking on the collaboration, Saugata Basuray, Interim CEO, Castrol India, said, 'Used oil is a valuable resource if collected and processed in the right way. This MoU allows us to explore a model that could reduce waste, lower environmental impact and support India's growing focus on circularity. We look forward to working with HPCL to evaluate its potential at scale.' India generates significant volume of used lubricating oil every year, much of which is either under-collected or disposed off informally. International studies show that re-refining used oil can recover up to 70-80% of it as high-quality base oil, while using considerably less energy than refining crude-based virgin base oils. RRBO, when processed to required specifications, has been demonstrated globally to perform on par with conventional base oils. The two companies will begin work on the assessment immediately, including mapping collection channels, evaluating re-refining capacity and testing RRBO for suitability across lubricant formulations. Findings from the study will guide the next phase of the initiative. Powered by Capital Market - Live News
Hindustan Petroleum Corporation to hold board meeting
15 Jan 2026
On 21 January 2026
Hindustan Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 21 January 2026. Powered by Capital Market - Live News
Market Commentary - Quick Review
Nifty ends above 23,650 mark; oil & gas shares rally
20 May 2026
The key equity benchmarks closed with minor gains on Wednesday supported by value buying in select heavyweight stocks. Market sentiment improved following a decline in Brent crude prices below $110 a barrel and softer U.S Treasury yields. Nifty ended above the 23,650 mark. Oil & gas, auto and realty shares led the gains while media, FMCG and IT witnessed selling pressure. As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 117.54 points or 0.16% to 75,318.39. The Nifty 50 index jumped 41 points or 0.17% to 23,659. In the broader market, the BSE 150 MidCap Index rose 0.51% and the BSE 250 SmallCap Index rose 0.09%. The market breadth was positive. On the BSE, 2,124 shares rose and 1,979 shares fell. A total of 213 shares were unchanged. In the foreign exchange market, the rupee lowered against the dollar. The partially convertible rupee was hovering at 96.8375 compared with its close of 96.7000 during the previous trading session. It also touched an all-time intraday low of 96.9575 today. The United States 10-year bond yield declined 0.60% to 4.646 while 30-year Treasury bond yield fell 0.25% at 5.168. In the commodities market, Brent crude for July 2026 settlement declined $2.01 or 1.81% to $109.27 a barrel. Buzzing Index: The Nifty Oil & Gas index jumped 1.59% to 11,359. The index rose 1.76% in the two consecutive trading sessions. Hindustan Petroleum Corporation (up 3.29%), Chennai Petroleum Corporation (up 3.16%), Bharat Petroleum Corporation (up 2.85%), Reliance Industries (up 2.84%), Indian Oil Corporation (up 2.4%), Aegis Logistics (up 1.44%), Mahanagar Gas (up 1.24%), Oil & Natural Gas Corpn (up 0.67%), Oil India (up 0.52%) and Aegis Vopak Terminals (up 0.05%) surged. Stocks in Spotlight: Hatsun Agro Product declined 0.80%. The company's standalone net profit jumped 18.3% to Rs 50.89 crore on 14.9% increase in revenue from operations to Rs 2,577.63 crore in Q4 FY26 over Q4 FY25. Zee Entertainment Enterprises fell 5.31% after reporting a consolidated net loss of Rs 103.69 crore in Q4 FY26, compared with a net profit of Rs 188.39 crore in the same period last year. Total income declined 5.36% year-on-year to Rs 2,101.1 crore during the quarter. Borosil slipped 2.03% after the company reported a 5.02% year-on-year (YoY) decline in consolidated net profit to Rs 10.58 crore in Q4 FY26, compared with Rs 11.14 crore posted in Q4 FY25. Revenue from operations rose 5.15% year-on-year (YoY) to Rs 284.11 crore for the quarter ended 31 March 2026. Hindalco Industries rallied 3.53% after its wholly owned US-based subsidiary Novelis reported improved operating profitability for the fourth quarter of fiscal year 2026. Hindalco shares also gained after a report suggested that the stock could be included in the Sensex during the June 2026 rejig Dynamatic Technologies tumbled 3.84% after the company reported a 21.93% decline in consolidated net profit to Rs 12.56 crore in Q4 FY26, compared with Rs 16.09 crore in the corresponding quarter of the previous year. Revenue from operations rose 13.78% year-on-year to Rs 433.16 crore in the quarter ended 31 March 2026. ASK Automotive declined 2.42%. The company reported a 24.2% increase in consolidated net profit to Rs 72 crore in Q4 FY26 from Rs 58 crore in Q4 FY25. Total income increased 35.3% YoY to Rs 1,154 crore in the quarter ended 31 March 2026. Karnataka Bank jumped 6.18% after the private sector lender reported strong growth in quarterly profitability, supported by higher net interest income, improving margins and better asset quality. The bank reported a standalone net profit of Rs 408.19 crore in Q4 FY26, up 61.74% YoY and 40.37% QoQ. Total income fell 2.4% YoY to Rs 2,656.18 crore in Q4 FY26 while increasing 5.31% QoQ from Rs 2,522.35 crore. Siyaram Silk Mills dropped 6.37%. The company reported a 30.6% increase in standalone net profit to Rs 94.60 crore on a 15.8% increase in revenue from operations to Rs 852.60 crore in Q4 FY26 over Q4 FY25. As of the end of Q4 FY26, the total store count stood at 27 ZECODE outlets and 17 DEVO outlets. C E Info Systems dropped 5.69% after the company reported a muted Q4 FY26 performance, with annual profitability declining despite strong sequential growth in the March quarter. The company's consolidated profit after tax rose 4.5% YoY and 170.5% QoQ to Rs 50.77 crore in Q4 FY26. Net sales increased marginally by 1% YoY and 54.8% QoQ to Rs 145.04 crore during the quarter. Avalon Technologies rallied 8.05% after the company's consolidated net profit jumped 69.55% to Rs 41.15 crore on 40% rise in revenue from operations to Rs 479.89 crore in Q4 FY26 over Q4 FY25. The order book stood at Rs 2,196 crore as on 31st March 2026. BLS International Services jumped 2.56% after the company reported 28.7% rise in consolidated net profit to Rs 186.9 crore on a 17.6% increase in revenue from operations to Rs 814.6 crore in Q4 FY26 as compared with Q4 FY25. Global Markets: The US Dow Jones index futures are currently up by 74 points, indicating a positive opening for US stocks today. European indices advanced as as preliminary data from the Office for National Statistics showed U.K. inflation eased to 2.8% in April, compared with 3.3% in March. The moderation was largely driven by the energy price cap introduced by Ofgem earlier this month. Asian markets ended lower on Wednesday as investors weighed renewed geopolitical tensions, following U.S. President Donald Trump's statement on Tuesday that he was 'an hour away' from deciding to attack Iran, before he was persuaded to postpone the strike for a few days. Overnight on Wall Street, stocks closed lower with the S&P 500 posting its third straight losing session, as a jump in bond yields threatened the bull market. The S&P 500 closed down 0.67%, ending at 7,353.61, while the Nasdaq Composite finished 0.84% lower at 25,870.71. The Dow Jones Industrial Average shed 322.24 points, or 0.65%, to close at 49,363.88. Powered by Capital Market - Live News
Results - Announcements
Hindustan Petroleum Corporation consolidated net profit rises 77.58% in the March 2026 quarter
13 May 2026
Sales rise 4.89% to Rs 114407.85 crore
Net profit of Hindustan Petroleum Corporation rose 77.58% to Rs 6065.26 crore in the quarter ended March 2026 as against Rs 3415.44 crore during the previous quarter ended March 2025. Sales rose 4.89% to Rs 114407.85 crore in the quarter ended March 2026 as against Rs 109074.75 crore during the previous quarter ended March 2025. For the full year,net profit rose 167.93% to Rs 18046.89 crore in the year ended March 2026 as against Rs 6735.70 crore during the previous year ended March 2025. Sales rose 1.76% to Rs 439633.45 crore in the year ended March 2026 as against Rs 432008.74 crore during the previous year ended March 2025. Particulars Quarter Ended Year Ended Mar. 2026 Mar. 2025 % Var. Mar. 2026 Mar. 2025 % Var. Sales 114407.85 109074.75 5 439633.45 432008.74 2 OPM % 8.05 5.31 - 6.97 3.80 - PBDT 10100.41 5961.20 69 30985.61 15153.98 104 PBT 7643.61 4337.96 76 23638.12 8999.88 163 NP 6065.26 3415.44 78 18046.89 6735.70 168 Powered by Capital Market - Live News
Hindustan Petroleum Corporation consolidated net profit rises 57.70% in the December 2025 quarter
21 Jan 2026
Sales rise 4.13% to Rs 114623.45 crore
Net profit of Hindustan Petroleum Corporation rose 57.70% to Rs 4011.40 crore in the quarter ended December 2025 as against Rs 2543.65 crore during the previous quarter ended December 2024. Sales rose 4.13% to Rs 114623.45 crore in the quarter ended December 2025 as against Rs 110082.44 crore during the previous quarter ended December 2024. Particulars Quarter Ended Dec. 2025 Dec. 2024 % Var. Sales 114623.45 110082.44 4 OPM % 6.10 4.99 - PBDT 6991.17 5026.38 39 PBT 5316.98 3508.66 52 NP 4011.40 2543.65 58 Powered by Capital Market - Live News
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