Hindustan Petroleum Corporation Ltd

Hindustan Petroleum Corporation Ltd

₹ 361 -0.06%
21 Nov 4:00 p.m.
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 76,889 Cr.
  • Current Price 361
  • High / Low 457 / 204
  • Stock P/E 18.4
  • Book Value 216
  • Dividend Yield 5.90 %
  • ROCE 21.3 %
  • ROE 40.4 %
  • Face Value 10.0

Pros

  • Stock is providing a good dividend yield of 5.89%.

Cons

  • Company has a low return on equity of 13.9% 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

Consolidated Figures in Rs. Crores / View Standalone

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
83,118 96,669 97,635 114,502 108,462 109,688 108,056 112,079 95,752 111,348 114,678 113,888 99,977
80,306 95,012 94,829 126,998 110,233 108,014 102,927 102,434 87,512 109,187 109,796 111,800 97,661
Operating Profit 2,813 1,657 2,806 -12,496 -1,771 1,674 5,130 9,646 8,240 2,160 4,882 2,089 2,316
OPM % 3% 2% 3% -11% -2% 2% 5% 9% 9% 2% 4% 2% 2%
663 1,251 1,112 2,011 280 564 1,358 1,299 1,040 791 594 933 506
Interest 159 244 335 340 603 693 537 627 590 620 720 733 944
Depreciation 960 1,035 1,079 1,106 1,094 1,123 1,238 1,371 1,247 1,345 1,632 1,484 1,530
Profit before tax 2,356 1,629 2,503 -11,931 -3,187 422 4,713 8,947 7,443 986 3,124 805 348
Tax % 19% 17% 19% -28% -22% -5% 23% 24% 22% 28% 13% 21% 59%
1,919 1,353 2,018 -8,557 -2,476 444 3,608 6,766 5,827 713 2,709 634 143
EPS in Rs 9.02 6.36 9.49 -40.22 -11.63 2.09 16.96 31.80 27.38 3.35 12.73 2.98 0.67
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
216,355 234,237 216,648 177,910 187,493 219,510 275,491 269,092 233,248 349,913 440,709 433,857 439,891
212,740 228,875 211,916 169,575 176,607 208,732 263,963 263,887 217,194 339,669 447,916 408,929 428,444
Operating Profit 3,614 5,363 4,733 8,335 10,886 10,778 11,527 5,204 16,055 10,244 -7,207 24,928 11,447
OPM % 2% 2% 2% 5% 6% 5% 4% 2% 7% 3% -2% 6% 3%
1,405 1,366 1,836 1,970 3,697 2,785 2,383 679 2,731 3,897 3,957 3,725 2,825
Interest 1,773 2,393 1,841 723 609 618 786 1,139 963 997 2,174 2,556 3,017
Depreciation 2,365 3,011 2,497 2,846 2,776 2,834 3,085 3,370 3,625 4,000 4,560 5,596 5,991
Profit before tax 882 1,325 2,231 6,735 11,197 10,110 10,039 1,374 14,197 9,144 -9,984 20,500 5,264
Tax % 43% 19% 33% 31% 26% 29% 33% -92% 25% 20% -30% 22%
500 1,080 1,489 4,675 8,236 7,218 6,691 2,639 10,663 7,294 -6,980 16,015 4,199
EPS in Rs 2.19 4.73 6.56 20.45 36.03 31.58 29.27 11.54 48.83 34.28 -32.80 75.26 19.73
Dividend Payout % 57% 49% 55% 25% 37% 36% 36% 56% 31% 27% 0% 28%
Compounded Sales Growth
10 Years: 6%
5 Years: 10%
3 Years: 23%
TTM: 3%
Compounded Profit Growth
10 Years: 31%
5 Years: 19%
3 Years: 14%
TTM: -75%
Stock Price CAGR
10 Years: 17%
5 Years: 13%
3 Years: 20%
1 Year: 78%
Return on Equity
10 Years: 21%
5 Years: 17%
3 Years: 14%
Last Year: 40%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 13,254 13,660 13,585 16,325 20,055 24,008 28,876 29,456 36,628 39,985 30,844 45,502 43,768
45,737 47,995 36,916 22,160 22,130 21,952 28,192 44,001 43,709 48,498 70,671 66,684 72,548
32,946 35,002 34,905 30,729 37,127 42,197 48,762 41,935 52,438 64,774 59,034 69,205 69,415
Total Liabilities 92,276 96,996 85,745 69,553 80,329 89,681 107,354 116,918 134,228 154,676 161,968 182,810 187,860
35,736 38,966 45,425 33,678 36,876 38,695 41,642 48,952 50,912 58,126 68,387 79,763 80,489
CWIP 6,565 6,157 3,950 1,914 1,867 4,011 9,519 17,170 25,336 28,907 25,607 20,078 20,892
Investments 6,428 5,691 6,113 9,185 11,773 12,882 14,297 14,396 15,093 18,867 23,689 29,540 30,055
43,547 46,183 30,257 24,776 29,811 34,094 41,896 36,400 42,887 48,775 44,284 53,429 56,424
Total Assets 92,276 96,996 85,745 69,553 80,329 89,681 107,354 116,918 134,228 154,676 161,968 182,810 187,860

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,715 7,007 19,410 6,651 10,254 11,037 8,554 5,469 17,829 15,810 -3,466 23,852
-5,255 -5,152 -5,667 -4,272 -5,304 -7,398 -11,382 -14,168 -12,279 -13,745 -11,384 -13,019
2,577 -1,256 -14,699 -3,674 -4,239 -4,423 2,598 8,452 -4,709 -2,066 16,025 -16,155
Net Cash Flow -962 600 -956 -1,295 712 -784 -230 -247 841 -1 1,175 -5,322

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 10 7 8 8 9 8 5 11 7 6 8
Inventory Days 38 42 29 31 42 35 30 29 53 40 25 32
Days Payable 26 25 23 22 28 30 25 17 30 30 20 26
Cash Conversion Cycle 21 27 13 17 21 15 12 17 33 17 11 14
Working Capital Days 27 28 -1 -1 -14 -11 -7 -12 -13 -15 -14 -12
ROCE % 4% 6% 7% 17% 29% 24% 20% 5% 19% 12% -8% 21%

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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Documents

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