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Fundamentals for Hindustan Petroleum Corporation Limited
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Fundamentals for Hindustan Petroleum Corporation Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Hindustan Petroleum Corporation Limited, together with its subsidiaries, engages in the refining and marketing of petroleum products in India and internationally. It operates through Downstream Petroleum and All Other segments. The company provides light distillates, including motor spirits, naphtha, hexane, propylene, and solvents, as well as domestic, industrial, and commercial liquefied petroleum gas (LPG); and middle distillates comprising high speed diesel, superior kerosene oil (SKO), light diesel oil (LDO), aviation turbine fuels, mineral turpentine oil, jute batch oil, and lube and turbine oil base stocks. It also offers heavy distillates, such as bitumen, furnace oil, and low sulphur heavy stock; and compressed natural gas (CNG), liquefied natural gas (LNG), lubricants, greases, bulk fuels, jet and marine fuel, biofuel blended fuels, and petrochemicals. In addition, the company is involved in the exploration and production of oil and gas; operation of automobile refueling and electric vehicle (EV) charging stations; generation of electricity through wind and solar plants; provision of management services for exploration and production blocks; and operation of sugar ethanol-cogen plants. As of March 31, 2024, it operated through a marketing network of 22,022 retail outlets; 6,349 LPG distributors; 1,690 CNG facilities; 5 lube blending plants; 1,638 SKO/LDO dealerships; 474 lube distributors; 145 regional offices; 78 terminals/TOPs and depots; 56 LPG bottling plants; 2 LPG import locations; 55 aviation service facilities; 817 door delivery dispensers; 36 exclusive lube depots; 17 product pipelines; and 3,603 EV charging facilities at retail outlets. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited operates as a subsidiary of Oil and Natural Gas Corporation Limited.
Revenue projections:
With HINDPETRO's revenues forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 6.394702 |
| debtToEquity | 110.909000 |
| earningsGrowth | 0.577000 |
| revenueGrowth | 0.041000 |
| grossMargins | 0.107380 |
| operatingMargins | 0.046440 |
| trailingEps | 72.390000 |
| forwardEps | 67.383900 |
Hindustan Petroleum Corporation Limited's high debt-to-equity ratio indicates significant leverage, meaning the company has more debt compared to its equity. While this can accelerate growth, it also increases financial risk if revenue or profits decline.
HINDPETRO's lower forward EPS compared to trailing EPS suggests the company will likely experience reduced earnings in the current year. This may signal a less optimistic financial outlook.
Price projections:
Price projections for HINDPETRO have been revised upward over time, signaling increasing optimism about the company's future. This steady increase reflects a positive outlook for HINDPETRO's growth and market performance.
Recommendation changes over time:
Recent analysis shows a strong buy bias for HINDPETRO, encouraging investors to view it as a solid investment option. The positive sentiment surrounding HINDPETRO suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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