Hindustan Petroleum Corporation Ltd

Hindustan Petroleum Corporation Ltd

₹ 400 -1.94%
20 Dec - close price
About

Hindustan Petroleum Corporation Ltd 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.[1]

Key Points

Leadership[1]

<h1>Operating in India for 100+ Years</h1> <h1>Owns & Operates Largest Lube Refinery In India</h1> <h1>2nd largest Cross Country Product Pipeline Network</h1> <h1>2nd largest Retail Network Holder</h1> <h1>2nd largest LPG Marketer</h1>
  • Market Cap 85,007 Cr.
  • Current Price 400
  • High / Low 457 / 245
  • Stock P/E 19.5
  • Book Value 189
  • Dividend Yield 5.26 %
  • ROCE 21.5 %
  • ROE 42.7 %
  • Face Value 10.0

Pros

  • Stock is providing a good dividend yield of 5.26%.

Cons

  • Company has a low return on equity of 11.4% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
83,064 96,602 97,573 114,455 108,417 109,603 107,928 111,961 95,701 111,306 114,557 113,804 99,926
80,265 94,732 94,841 126,949 109,915 107,932 103,129 102,306 87,484 109,143 109,753 111,697 97,202
Operating Profit 2,800 1,871 2,732 -12,495 -1,498 1,672 4,799 9,655 8,217 2,164 4,804 2,108 2,724
OPM % 3% 2% 3% -11% -1% 2% 4% 9% 9% 2% 4% 2% 3%
663 550 964 340 281 289 1,160 628 344 556 854 570 575
Interest 154 236 328 333 595 682 523 588 579 614 734 731 942
Depreciation 947 1,025 1,083 1,094 1,081 1,110 1,044 1,364 1,240 1,338 1,611 1,476 1,522
Profit before tax 2,361 1,161 2,285 -13,582 -2,893 168 4,392 8,331 6,742 768 3,312 471 835
Tax % 19% 25% 21% -25% -25% -2% 27% 26% 24% 31% 14% 24% 24%
1,924 869 1,795 -10,197 -2,172 172 3,223 6,204 5,118 529 2,843 356 631
EPS in Rs 9.04 4.08 8.44 -47.92 -10.21 0.81 15.15 29.16 24.05 2.49 13.36 1.67 2.97
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
206,722 223,352 206,626 177,701 187,091 219,333 275,215 268,766 232,997 349,683 440,403 433,525 439,594
203,019 218,104 201,531 169,706 176,440 208,580 263,812 263,643 217,071 339,507 447,925 408,686 427,794
Operating Profit 3,703 5,248 5,096 7,995 10,650 10,753 11,402 5,123 15,925 10,176 -7,522 24,839 11,799
OPM % 2% 2% 2% 4% 6% 5% 4% 2% 7% 3% -2% 6% 3%
1,168 906 1,744 1,089 1,442 1,769 1,675 835 2,789 2,970 2,069 2,382 2,555
Interest 1,413 1,336 707 654 536 567 726 1,082 915 973 2,132 2,516 3,021
Depreciation 1,984 2,202 1,979 2,653 2,535 2,753 3,013 3,304 3,553 3,969 4,330 5,552 5,946
Profit before tax 1,475 2,616 4,154 5,777 9,021 9,202 9,339 1,573 14,247 8,204 -11,915 19,153 5,387
Tax % 39% 34% 34% 36% 31% 31% 35% -68% 25% 22% -25% 23%
905 1,734 2,733 3,726 6,209 6,357 6,029 2,637 10,664 6,383 -8,974 14,694 4,359
EPS in Rs 3.96 7.59 11.96 16.30 27.16 27.81 26.38 11.54 48.83 30.00 -42.18 69.06 20.49
Dividend Payout % 32% 30% 30% 31% 49% 41% 40% 56% 31% 31% -0% 30%
Compounded Sales Growth
10 Years: 7%
5 Years: 10%
3 Years: 23%
TTM: 3%
Compounded Profit Growth
10 Years: 23%
5 Years: 19%
3 Years: 11%
TTM: -70%
Stock Price CAGR
10 Years: 17%
5 Years: 18%
3 Years: 27%
1 Year: 62%
Return on Equity
10 Years: 19%
5 Years: 16%
3 Years: 11%
Last Year: 43%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 339 339 339 339 1,016 1,524 1,524 1,524 1,452 1,419 1,419 1,419 2,128
Reserves 13,387 14,673 15,683 17,631 19,331 22,424 26,651 27,438 34,734 37,258 26,294 39,611 38,092
33,788 32,166 20,335 21,167 21,250 20,991 27,240 43,021 42,916 46,591 68,005 64,120 69,686
28,730 30,815 31,193 30,442 36,882 41,878 48,432 42,039 52,205 64,941 59,395 68,659 69,279
Total Liabilities 76,245 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 155,114 173,808 179,185
22,549 25,912 29,063 33,108 36,132 37,972 40,979 48,290 49,901 57,134 67,539 78,799 79,545
CWIP 5,173 4,586 3,474 1,853 1,810 3,985 9,496 17,144 24,234 26,766 22,803 16,679 17,317
Investments 10,627 10,860 11,246 10,579 10,919 11,105 11,819 12,512 14,993 17,944 21,211 25,678 26,602
37,896 36,636 23,767 24,040 29,618 33,755 41,553 36,076 42,181 48,365 43,562 52,653 55,721
Total Assets 76,245 77,993 67,551 69,579 78,479 86,817 103,847 114,022 131,307 150,208 155,114 173,808 179,185

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
896 8,808 17,841 6,783 9,983 11,018 8,450 5,453 17,722 15,890 -3,359 23,920
-3,371 -3,779 -3,291 -4,354 -5,310 -7,391 -11,383 -14,166 -12,728 -12,565 -10,933 -13,412
1,409 -5,681 -14,568 -3,719 -4,015 -4,324 2,691 8,478 -4,393 -3,119 15,477 -15,810
Net Cash Flow -1,066 -653 -18 -1,290 658 -697 -243 -234 601 205 1,185 -5,302

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 9 9 6 8 8 9 8 5 11 7 6 8
Inventory Days 31 33 25 31 42 35 30 28 52 40 25 32
Days Payable 21 19 17 22 28 29 25 17 30 30 20 26
Cash Conversion Cycle 19 23 14 17 21 15 12 17 33 17 11 14
Working Capital Days 28 25 1 -1 -14 -11 -7 -12 -13 -15 -14 -12
ROCE % 6% 9% 12% 17% 24% 23% 20% 6% 20% 11% -11% 22%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90% 54.90%
20.19% 19.90% 18.21% 16.74% 15.65% 14.36% 13.99% 13.26% 14.26% 13.80% 13.22% 14.11%
15.12% 15.09% 16.41% 17.98% 19.63% 21.40% 22.33% 22.60% 21.27% 22.18% 21.47% 21.67%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01%
9.78% 10.11% 10.47% 10.37% 9.81% 9.33% 8.77% 9.23% 9.56% 9.10% 10.39% 9.31%
No. of Shareholders 3,47,3903,95,0224,14,4144,18,9254,03,7813,85,5623,62,3953,69,8163,48,8054,03,6585,43,3445,23,882

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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