Bharat Petroleum Corpn. Ltd.

BSE: BPCL500547ISIN INE029A01011

Energy
Refineries & Marketing
BSE 100

Share price

₹304.40+9.20 (+3.12%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹391.85
52W low: ₹266.55
Off 52W high: -22.32%
1M return: +2.66%
3M return: -6.35%
6M return: -3.10%
1Y return: -18.38%
20D avg volume: 1,35,457
50 DMA: ₹301.64
200 DMA: ₹316.06

Key ratios Consolidated

Market cap: ₹1,32,063 Cr
Current price: ₹304.40
52W high / low: ₹391.85 / ₹266.55
Face value: ₹10.00
P/E: 8.36
P/B: 1.28
EPS (TTM): ₹36.43
Book value / share: ₹237.48
ROE: —
ROCE: 25.30%
Operating margin: —
Net margin: —
Debt / equity: 0.43
Net debt: ₹43,162 Cr
Interest cover: 12.27
Dividend yield: 5.75%
Dividend / share (TTM): ₹17.50
Payout: 48.04%
Cash conversion cycle: 10.9 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,57,818	1,59,527	1,34,948	1,36,653	1,21,605	1,29,615	1,26,916	1,27,551	1,17,949	1,28,106	1,32,087	1,29,985
	349.43	1,249	950.61	645.67	952.77	749.71	804.58	607.79	697.45	570.49	506.68	490.75
	1,58,167	1,60,776	1,35,899	1,37,299	1,22,557	1,30,364	1,27,721	1,28,158	1,18,646	1,28,677	1,32,594	1,30,476
	1,51,933	1,66,278	1,27,607	1,27,603	1,14,635	1,22,583	1,22,080	1,22,696	1,16,133	1,25,055	1,25,618	1,26,316
	74,969	90,588	54,264	53,681	51,990	53,686	58,045	50,823	57,604	58,848	56,553	56,211
	53,880	65,348	43,815	43,614	38,233	40,783	38,941	43,538	36,776	40,392	41,547	45,771
	789.05	838.92	1,127	865.56	874.38	907.44	743.35	1,208	773.11	785.51	854.98	1,072
	991.09	626.87	705.08	657.42	833.26	757.73	918.53	861.26	922.70	888.95	966.80	700.18
	2,097	2,069	2,031	1,979	1,958	1,889	1,982	1,810	1,779	1,686	1,722	1,830
	18,201	15,175	26,896	24,693	23,844	23,224	23,009	6,505	6,163	6,073	6,999	6,315
	6,235	-5,501	8,291	9,696	7,923	7,781	5,640	5,462	2,513	3,622	6,976	4,159
	0.00	1,885	-10.79	-166.66	-165.87	-67.38	-101.13	-59.49	-75.32	-142.47	-103.68	-283.77
	6,235	-3,617	8,281	9,530	7,757	7,714	5,539	5,403	2,438	3,480	6,872	3,876
	1,697	1,343	2,213	2,549	2,153	2,033	1,505	1,527	796.44	1,017	1,880	1,186
	4,863	-1,873	5,625	7,188	6,191	6,839	4,392	3,806	2,297	2,842	4,790	3,181
	11.38	-4.38	13.16	16.82	14.49	16.01	10.28	8.91	5.38	6.65	22.46	14.94
Key metrics
	9,322	-920.95	11,016	12,166	10,548	10,360	8,440	8,074	5,139	6,055	9,561	6,406
	5.90%	-0.60%	8.20%	8.90%	8.70%	8.00%	6.70%	6.30%	4.40%	4.70%	7.20%	4.90%
	3.10%	-1.20%	4.20%	5.30%	5.10%	5.30%	3.50%	3.00%	1.90%	2.20%	3.60%	2.40%
	5.20%	—	6.30%	—	6.20%	—	5.10%	—	—	—	—	—
	29.80%	23.10%	6.30%	7.10%	3.10%	1.20%	-3.90%	-1.90%	—	—	—	—
	-21.50%	-127.40%	28.10%	88.90%	169.50%	140.70%	-8.30%	19.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	5,88,946	5,22,820	5,00,517	5,06,993	5,33,547	4,32,570	3,04,266	3,29,797	3,40,879	2,79,313
	3,195	3,299	2,685	2,235	1,498	2,269	2,253	1,929	2,038	1,783
	5,92,141	5,26,119	5,03,202	5,09,227	5,35,046	4,34,838	3,06,519	3,31,726	3,42,917	2,81,095
	5,73,420	4,92,428	4,85,964	4,73,831	5,32,773	4,21,472	2,89,028	3,28,165	3,30,949	2,68,211
	2,73,502	2,13,622	2,25,319	2,12,853	2,34,305	1,63,541	78,778	1,21,896	1,30,693	90,111
	2,06,657	1,66,445	1,59,646	1,65,233	1,99,884	1,43,902	1,12,364	1,31,769	1,32,055	1,11,798
	3,620	3,774	3,510	3,577	2,775	3,408	4,856	4,021	3,985	3,749
	2,980	2,953	3,591	4,149	3,745	2,606	1,723	2,637	1,764	1,186
	8,175	7,856	7,257	6,771	6,369	5,434	4,334	4,080	3,418	—
	84,965	98,658	86,310	24,328	26,312	20,845	16,611	19,610	17,986	14,737
	18,721	33,691	17,238	35,397	2,272	13,366	17,492	3,561	11,968	12,885
	1,707	-410.70	-378.41	-267.70	-1,643	1,135	5,266	-1,310	0.00	1,289
	20,428	33,280	16,860	35,129	629.21	14,501	22,758	2,251	11,968	14,174
	7,802	8,948	4,846	9,336	690.08	4,355	5,112	14.21	4,378	4,382
	15,803	25,843	13,337	26,859	2,131	11,682	17,320	3,666	8,528	9,792
	36.98	60.49	31.21	126.08	10.01	54.91	81.87	15.53	39.67	—
Key metrics
	31,583	44,090	27,708	46,049	10,743	22,541	28,815	8,968	17,150	15,359
	5.36%	8.40%	5.50%	9.10%	2.00%	5.20%	9.50%	2.70%	5.00%	5.50%
	2.68%	4.90%	2.70%	5.30%	0.40%	2.70%	5.70%	1.10%	2.50%	3.50%
	—	25.30%	16.00%	—	—	—	—	—	—	—
	16.46%	4.50%	-1.30%	-5.00%	23.30%	42.20%	-7.70%	-3.30%	22.00%	—
	-25.56%	93.80%	-50.30%	1,160.40%	-81.80%	-32.60%	372.50%	-57.00%	-12.90%	—
	—	34,813	10,335	—	—	—	—	—	—	—
	—	1.96	1.78	—	—	—	—	—	—	—
	—	0.43	0.63	—	—	—	—	—	—	—
	—	43,162	50,503	—	—	—	—	—	—	—
	—	10.9	17.5	—	—	—	—	—	—	—
Balance sheet
	—	2,48,616	2,18,382	—	—	—	—	—	—	—
	—	83,665	72,800	—	—	—	—	—	—	—
	—	319.99	557.93	—	—	—	—	—	—	—
	—	4,980	9,339	—	—	—	—	—	—	—
	—	53,304	45,265	—	—	—	—	—	—	—
	—	2,316	1,979	—	—	—	—	—	—	—
	—	91,701	86,594	—	—	—	—	—	—	—
	—	42,654	30,634	—	—	—	—	—	—	—
	—	1,05,452	90,672	—	—	—	—	—	—	—
	—	43,482	51,061	—	—	—	—	—	—	—
	—	21,279	24,533	—	—	—	—	—	—	—
	—	22,203	26,528	—	—	—	—	—	—	—
	—	1,00,170	81,384	—	—	—	—	—	—	—
Cash flow
	—	50,769	23,678	—	—	—	—	—	—	—
	—	-26,067	-19,180	—	—	—	—	—	—	—
	—	-24,940	-6,241	—	—	—	—	—	—	—
	—	15,956	13,343	—	—	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,57,779	1,59,479	1,34,896	1,36,623	1,21,571	1,29,578	1,26,865	1,27,520	1,17,952	1,28,103	1,32,085	1,29,976
	466.74	1,253	1,064	750.14	1,191	748.71	792.99	828.54	889.62	505.82	469.11	680.12
	1,58,245	1,60,733	1,35,960	1,37,373	1,22,762	1,30,327	1,27,658	1,28,349	1,18,841	1,28,609	1,32,554	1,30,656
	1,51,559	1,66,038	1,27,353	1,27,279	1,14,166	1,22,170	1,21,621	1,22,173	1,15,648	1,24,577	1,25,113	1,26,076
	74,969	90,588	54,264	53,681	51,990	53,686	58,045	50,823	57,604	58,848	56,553	56,211
	53,880	65,348	43,815	43,614	38,233	40,783	38,941	43,538	36,776	40,392	41,547	45,771
	780.73	832.22	1,120	860.52	869.65	901.99	736.46	1,201	768.91	781.47	849.00	1,068
	658.76	415.27	479.05	360.66	420.78	373.51	546.85	428.62	469.51	443.45	524.26	501.85
	2,092	2,066	2,038	1,972	1,952	1,882	1,975	1,804	1,773	1,681	1,717	1,824
	18,172	15,156	26,868	24,677	23,800	23,209	22,936	6,425	6,143	6,055	6,950	6,287
	6,686	-5,305	8,607	10,094	8,596	8,156	6,036	6,176	3,194	4,032	7,441	4,580
	0.00	0.00	-4,349	0.00	0.00	0.00	-1,774	—	—	—	-1,798	—
	6,686	-5,305	4,258	10,094	8,596	8,156	4,263	6,176	3,194	4,032	5,643	4,580
	1,693	-1,343	1,066	2,549	2,153	2,033	1,048	1,527	796.38	1,017	1,419	1,183
	4,993	-3,962	3,191	7,545	6,443	6,124	3,214	4,649	2,397	3,015	4,224	3,397
	11.69	-9.27	7.47	17.66	15.08	14.33	7.52	10.88	5.61	7.06	19.80	15.95
Key metrics
	9,437	-2,824	6,775	12,427	10,968	10,412	6,784	8,409	5,436	6,156	7,884	6,906
	6.00%	-1.80%	5.00%	9.10%	9.00%	8.00%	5.30%	6.60%	4.60%	4.80%	6.00%	5.30%
	3.20%	-2.50%	2.40%	5.50%	5.30%	4.70%	2.50%	3.60%	2.00%	2.40%	3.20%	2.60%
	6.30%	—	4.10%	—	8.10%	—	4.80%	—	—	—	—	—
	29.80%	23.10%	6.30%	7.10%	3.10%	1.20%	-4.00%	-1.90%	—	—	—	—
	-22.50%	-164.70%	-0.70%	62.30%	168.70%	103.10%	-23.90%	36.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	5,88,777	5,22,668	5,00,371	5,06,911	5,33,468	4,33,406	3,01,865	3,27,581	3,37,623	2,77,162
	3,534	3,753	3,086	2,412	2,184	2,412	4,344	3,081	2,984	3,011
	5,92,311	5,26,422	5,03,457	5,09,324	5,35,652	4,35,819	3,06,209	3,30,662	3,40,606	2,80,173
	5,72,229	4,90,968	4,84,019	4,71,977	5,32,075	4,23,828	2,90,041	3,26,910	3,30,167	2,68,975
	2,73,502	2,13,622	2,25,319	2,12,853	2,34,305	1,38,708	71,154	1,13,229	1,19,419	81,467
	2,06,657	1,66,445	1,59,646	1,65,233	1,99,884	1,89,086	1,27,801	1,43,164	1,46,974	1,25,463
	3,593	3,752	3,488	3,558	2,764	3,314	4,477	3,691	3,664	3,431
	1,914	1,634	1,888	2,473	3,216	1,860	1,328	2,182	1,319	833.25
	8,169	7,844	7,232	6,750	6,347	4,754	3,978	3,787	3,189	2,648
	84,874	98,554	86,112	24,203	26,190	19,264	15,616	—	16,956	13,962
	20,082	35,453	19,438	37,346	3,577	11,990	16,169	3,752	10,440	11,198
	-4,349	-4,349	-1,774	-1,798	-1,360	-77.06	6,449	-1,081	—	—
	15,733	31,104	17,664	35,548	2,217	11,913	22,618	2,671	10,440	11,198
	3,965	7,801	4,389	8,875	346.60	3,125	3,576	12.15	3,308	3,279
	11,768	23,303	13,275	26,674	1,870	8,789	19,042	2,683	7,132	7,919
	27.55	54.54	31.07	125.21	8.78	41.31	96.44	13.64	36.26	—
Key metrics
	25,816	40,582	26,785	44,771	11,781	18,528	27,924	8,640	14,948	14,680
	4.38%	7.80%	5.40%	8.80%	2.20%	4.30%	9.30%	2.60%	4.40%	5.30%
	2.00%	4.50%	2.70%	5.30%	0.40%	2.00%	6.30%	0.80%	2.10%	2.90%
	—	28.60%	19.40%	—	—	—	—	—	—	—
	16.47%	4.50%	-1.30%	-5.00%	23.10%	43.60%	-7.90%	-3.00%	21.80%	—
	-42.40%	75.50%	-50.20%	1,326.30%	-78.70%	-53.80%	609.70%	-62.40%	-9.90%	—
	—	31,749	10,262	—	—	—	—	—	—	—
	—	2.05	1.78	—	—	—	—	—	—	—
	—	0.11	0.29	—	—	—	—	—	—	—
	—	10,220	22,868	—	—	—	—	—	—	—
	—	10.9	17.5	—	—	—	—	—	—	—
Balance sheet
	—	2,07,126	1,87,995	—	—	—	—	—	—	—
	—	82,709	71,498	—	—	—	—	—	—	—
	—	259.84	409.44	—	—	—	—	—	—	—
	—	4,949	9,323	—	—	—	—	—	—	—
	—	53,303	45,263	—	—	—	—	—	—	—
	—	2,271	1,811	—	—	—	—	—	—	—
	—	91,699	86,591	—	—	—	—	—	—	—
	—	42,634	30,622	—	—	—	—	—	—	—
	—	92,499	86,964	—	—	—	—	—	—	—
	—	10,480	23,278	—	—	—	—	—	—	—
	—	8,819	21,117	—	—	—	—	—	—	—
	—	1,662	2,161	—	—	—	—	—	—	—
	—	95,233	80,960	—	—	—	—	—	—	—
Cash flow
	—	47,703	23,605	—	—	—	—	—	—	—
	—	-22,455	-18,796	—	—	—	—	—	—	—
	—	-25,398	-4,916	—	—	—	—	—	—	—
	—	15,954	13,342	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -0.68%
Sales CAGR 5Y: +11.60%
Profit CAGR 3Y: +131.84%
Profit CAGR 5Y: +4.12%
Sales YoY (TTM): +16.47%
Profit YoY (TTM): -42.40%

Consolidated

Sales CAGR 3Y: -0.67%
Sales CAGR 5Y: +11.43%
Profit CAGR 3Y: +129.75%
Profit CAGR 5Y: +8.33%
Sales YoY (TTM): +16.46%
Profit YoY (TTM): -25.56%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 52.98%

Quarter	September 2026	June 2026
Promoter %	52.98%	52.98%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	52.98%	52.98%	0.00%
LICI ULIP-GROWTH FUND	Public	8.59%	7.52%	+1.07%
ICICI PRUDENTIAL INDIA OPPORTUNITIES FUND	Public	2.28%	—	—
NPS TRUST- A/C SBI PENSION FUND PVT LTD APY FUND S	Public	2.21%	—	—
TERESA RAJU NAIDU	Public	1.52%	1.52%	0.00%
DSP FLEXI CAP FUND	Public	1.16%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Reliance Industries Ltd	17,75,807	1,312.25	18.57	9.20%	+19.37% TTM	-1.84% TTM	-10.84%
Indian Oil Corporation Ltd.	2,00,522	142.00	4.01	19.80%	+17.71% TTM	+96.13% TTM	-16.10%
Bharat Petroleum Corpn. Ltd.	1,32,063	304.40	8.36	25.30%	+16.46% TTM	-25.56% TTM	-18.38%
Hindustan Petroleum Corporation Ltd	77,474	364.10	53.91	22.20%	+13.78% TTM	-89.68% TTM	-24.90%
Mangalore Refinery & Petrochemicals	32,800	187.15	7.43	19.30%	+35.22% TTM	+325.83% TTM	+6.40%
Chennai Petroleum Corporation Ltd.	23,314	1,565.60	4.09	32.80%	+21.77% TTM	+387.42% TTM	+59.44%
RAJASTHAN SECURITIES LIMITED S	462	60.10	6.95	89.30%	+266.52% TTM	+298.80% TTM	+36.62%
Kotyark Industries Limited	420	37.12	—	17.30%	—	—	—
RESGEN LIMITED	94	45.01	—	18.20%	—	—	-44.57%
Sanmit Infra Limited S	73	46.43	34.65	8.50%	-47.53% TTM	-13.88% TTM	—
Continental Petroleums Ltd. S	68	79.86	21.47	7.90%	-22.01% TTM	-8.99% TTM	-35.78%
REAL ECO-ENERGY LIMITED S	40	4.02	36.55	1.60%	—	+86.49% TTM	-20.24%
Omnipotent Industries Limited S	2	3.18	-4.82	-2.00%	—	—	-46.01%

Filings & corporate actions

Recent announcements

Change in Director4 Nov 2026 · Company Update / Change in Directorate
Transcripts of Conference Call30 Oct 2026 · Company Update / Analyst / Investor Meet
Intimation on Credit Rating27 Oct 2026 · Company Update / Credit Rating
Audio Recording of Conference call in respect of Unaudited Financial Results for the quarter and half year ended 30th September 202626 Oct 2026 · Company Update / Analyst / Investor Meet
Investor handout for unaudited financial results23 Oct 2026 · Company Update / Investor Presentation
Rescheduling of 2Q FY27 Post Results Conference Call23 Oct 2026 · Company Update / Analyst / Investor Meet
Intimation on formation of a wholly owned subsidiary23 Oct 2026 · Company Update / Acquisition
Intimation on unaudited results for the quarter and half year ended 30th Sept 202623 Oct 2026 · Result / Financial Results
Intimation on unaudited financial results for the quarter and half year ended 30th Sept 202623 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of 2Q FY27 Post Results Conference Call20 Oct 2026 · Company Update / Analyst / Investor Meet
Bharat Petroleum Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve Bharat Petroleum ....12 Oct 2026 · Board Meeting / Board Meeting
Intimation on newspaper publication9 Oct 2026 · Company Update / General
Compliances - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 20186 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation on trading window closure24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation on Schedule of Analysts / Institutional Investors Meet18 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation on Schedule of Analysts / Institutional Investors Meet16 Sep 2026 · Company Update / Analyst / Investor Meet
Orders received from the Collector & Additional Superintendent of Stamps, Gujarat11 Sep 2026 · Company Update / General
Appointment of Statutory Auditors for the FY 2026-2710 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation on Schedule of Analysts / Institutional Investors Meet8 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation on Schedule of Analysts / Institutional Investors Meet3 Sep 2026 · Company Update / Analyst / Investor Meet
Tenure of Director (Finance)1 Sep 2026 · Company Update / General
Amendment in MOA28 Aug 2026 · Company Update / Amendments to Memorandum & Articles of Association
Scrutinizer''s report and voting results of AGM28 Aug 2026 · AGM/EGM / AGM
Proceedings of the 73rd AGM of the Company27 Aug 2026 · AGM/EGM / AGM
Intimation on Chairman''s statement at the AGM held on 27.8.202627 Aug 2026 · Company Update / General
Intimation under Regulation 30 in respect of notices from stock exchange26 Aug 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (LODR) Regulations, 201520 Aug 2026 · Company Update / General
Intimation regarding Board Outcome for raising funds18 Aug 2026 · Company Update / Raising of Funds
Bharat Petroleum Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2026 ,inter alia, to consider and approve funds raising ....13 Aug 2026 · Board Meeting / Board Meeting
Intimation on Schedule of Analysts / Institutional Investors Meet7 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper advertisement on AGM and Special Window for Transfer and Dematerialisation of Physical Securities5 Aug 2026 · Company Update / Newspaper Publication
Intimation on BRSR report for FY 2025-263 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 73rd Annual General Meeting of BPCL3 Aug 2026 · AGM/EGM / AGM
Intimation on Annual Report for FY 2025-263 Aug 2026 · Others / Reg. 34 (1) Annual Report
Intimation on change in Senior Management1 Aug 2026 · Company Update / Change in Management
Newspaper Advertisement on 73rd Annual General Meeting31 Jul 2026 · Company Update / Newspaper Publication
Extension of Additional Charge of Director (Refineries)30 Jul 2026 · Company Update / General
Transcripts of Conference Call28 Jul 2026 · Company Update / Analyst / Investor Meet
Intimation on credit rating25 Jul 2026 · Company Update / Credit Rating
Audio Recording of Conference call in respect of Unaudited Financial Results for the quarter ended 30th June 202623 Jul 2026 · Company Update / Analyst / Investor Meet

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend - Rs. - 10.0000	2 Feb 2026	2 Feb 2026	—
Interim Dividend - Rs. - 7.5000	7 Nov 2025	7 Nov 2025	—
Final Dividend - Rs. - 5.0000	31 Jul 2025	31 Jul 2025	—
Interim Dividend - Rs. - 5.0000	29 Jan 2025	29 Jan 2025	—
Final Dividend - Rs. - 10.5000	9 Aug 2024	9 Aug 2024	—

Board meetings

23 Oct 2026 Board Meeting - Financial Results
22 Jul 2026 Board Meeting - Financial Results