Bharat Petroleum Corporation Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Excellent return on equity (ROE 28.8%)
- Efficient capital deployment (ROCE 25.6%)
- Attractively valued vs sector (P/E 8.7x vs industry 23.9x)
- Regular dividends — yield 6.2%
Concerns
Today's Price Action
The stock closed at ₹287 with zero percent change, matching the previous close and indicating a flat intraday bias. Trading volume of 30,34,953 shares equals the twenty‑day average, suggesting that market participants are neither accelerating nor retreating their positions.
Valuation Snapshot
BPCL trades at a trailing P/E of 8.71, which is modest compared with many peers in the oil, gas & consumable fuels segment that often carry higher multiples. The company’s return on equity of 28.8% underscores strong profitability and efficient capital utilization despite volatile commodity pricing.
Key Levels to Watch
The 52‑week range spans ₹267 to ₹392, placing the current price about 8 % above the year‑low and roughly 27 % below the year‑high, a positioning that historically offers limited upside potential. Open‑interest data points to a resistance zone near the midpoint of the range and a support cluster close to the lower band, which often acts as a price floor.
Chart Pattern
On the daily chart, a bullish Marubozu formed three days ago, followed by a bullish engulfing candle on the same day, and a hammer pattern appeared seven days ago, collectively indicating short‑term buying pressure and a potential reversal of an earlier downtrend. These three formations occurred on consecutive daily candles, reinforcing the significance of recent market sentiment.
Data Summary
Key metrics include a market‑capitalisation figure reported as zero crore, a price‑to‑book ratio of zero, and a P/E of 8.71, while the 30,34,953‑share volume aligns with the twenty‑day average, reflecting liquidity. The combination of a flat price, strong ROE of 28.8% and bullish candlestick shapes provides a snapshot of the company’s financial and market profile without implying directional bias.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,158 | ₹16.1L Cr | 21.6 | 1.73 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹225 | ₹2.9L Cr | 6.55 | 0.76 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹392 | ₹2.4L Cr | 7.85 | 2.03 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹130 | ₹1.8L Cr | 5.42 | 0.84 | 20.5 | 18.7 | 0.74 |
| GAIL GAIL (India) Limited | ₹165 | ₹1.1L Cr | 10.9 | 1.22 | 8.71 | 9.67 | 0.25 |
| OIL Oil India Limited | ₹448 | ₹73K Cr | 8.72 | 1.25 | 12.2 | 11.5 | 0.64 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹347 | ₹72K Cr | 50.1 | 1.4 | 30.9 | 22.2 | 1.4 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
BPCL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 52.98% | 52.98% | 52.98% | 52.98% | 52.98% | 52.98% |
| FII | 14.21% | 16.79% | 15.04% | 15.39% | 14.71% | 14.58% |
| DII | 22.13% | 21.30% | 21.31% | 22.06% | 22.27% | 22.23% |
| Public | 9.44% | 8.00% | 9.73% | 8.63% | 9.09% | 9.26% |
| Govt | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% | 0.94% |
| Others | 0.32% | — | — | — | — | — |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider Fund Raising
To consider and approve the financial results for the period ended Jun 30, 2026
BPCL : 19-May-2026 : The Company has informed the Exchange that a Board meeting to be held on May 12, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May
To consider and approve the financial results for the period ended March 31, 2026
Interim Dividend - Rs 10 Per Share
Interim Dividend - Rs 7.50 Per Share
Dividend - Rs 5 Per Share
Interim Dividend - Rs 5 Per Share
Dividend - Rs 10.5 Per Share
Latest News
All newsBPCL management change announced
*BPCL management change announced* — Bharat Petroleum Corporation Limited has disclosed a change in its management team. The details of the individuals involved and their roles were not specified in the filing. Such changes may influence strategic direction and operational oversight. Investors may assess implications for governance and future decisions. 📊 *STOCKS:* BPCL | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #ManagementChange
BPCL to acquire Numaligarh Refinery in strategic expansion move
*BPCL to acquire Numaligarh Refinery in strategic expansion move.* The acquisition marks a significant step in BPCL’s growth strategy, enhancing its refining capacity by **10 MMTPA**. The deal, valued above **₹500Cr**, is expected to strengthen BPCL’s foothold in the Northeast region. Regulatory approvals are underway, with completion expected in H2 FY25. 📊 *STOCKS:* BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Acquisition
BPCL management change announced
*BPCL management change announced.* A shift in leadership could influence strategic direction. While operations remain stable, investors may reassess near-term outlook. No financial figures disclosed yet. 📊 *STOCKS:* BPCL | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #management
Crude at $123 and weak rupee pressure Indian refiners
*Crude at $123 and weak rupee pressure Indian refiners* — Rising crude prices at **$123/barrel** and a depreciating rupee are squeezing margins for Indian oil refiners. Import costs have surged, impacting profitability for state-owned players. This could lead to higher fuel prices or reduced refining margins. 📊 *STOCKS:* IOCL, HPCL, BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
BPCL profit falls due to volatile crude prices
*BPCL profit falls due to volatile crude prices* — Bharat Petroleum reported a sharp decline in quarterly profit amid fluctuating crude oil prices and narrowing refining margins. Revenue remained under pressure despite higher crude throughput. The company’s net profit dropped by **42% QoQ** to **₹1,850 crore**, impacted by global oil market volatility. 📊 *STOCKS:* $BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Infosys, Tata Motors, Torrent Pharma among firms reporting Q2 earnings
*Infosys, Tata Motors, Torrent Pharma among firms reporting Q2 earnings* — Key NSE-listed companies including INFY, TATAMOTORS, and TORNTPHARM announce Q2 financial results today. Investors will watch for **revenue growth**, **margin performance**, and **guidance updates** amid macro uncertainties. Earnings could trigger sharp F&O movements in tech, auto, and pharma sectors. 📊 *STOCKS:* INFY, TATAMOTORS, TORNTPHARM | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Oil prices surge on West Asia tensions, impacting Indian refiners
*Oil prices surge on West Asia tensions, impacting Indian refiners.* Crude prices jumped after Trump rejected Iran’s peace proposal, escalating regional conflict risks. Indian oil companies are now losing **over ₹500 crore daily** due to import costs and refining margin pressures. Rising crude could hurt CAD and INR stability. 📊 *STOCKS:* IOC, HPCL, BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #OilPrices
Crude oil surge may trigger fuel price hike in India
*Crude oil surge may trigger fuel price hike in India* due to global price pressures. International crude benchmarks have jumped to **$85/barrel**, increasing under-recovery for refiners. State-owned fuel retailers may demand higher prices if surge persists. This could impact transportation and broader inflation. 📊 *STOCKS:* IOCL, HPCL, BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
Brent crude nears $102, impacting oil marketing companies.
*Brent crude nears $102, impacting oil marketing companies.* Rising crude prices increase input costs for refiners, potentially squeezing margins unless passed on. Stocks like **CPCL**, **MRPL**, and **IOC** may see volatility as investors assess earnings impact. Higher crude also pressures government subsidy burdens. 📊 *STOCKS:* CPCL, MRPL, HPCL, BPCL, IOC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
OMCs face losses on petrol, diesel as Brent hits $100
*OMCs face losses on petrol, diesel as Brent hits $100*. Oil Marketing Companies may be incurring losses of **₹5/litre on petrol** and **₹23/litre on diesel** due to rising crude oil prices as Brent crosses **$100/barrel**. With fuel prices under political scrutiny ahead of elections, government reluctance to allow price hikes is squeezing OMC margins. This could pressure near-term earnings for public sector OMCs. 📊 *STOCKS:* IOCL, HPCL, BPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.2L Cr 13.4% | ₹1.0L Cr 6.8% | ₹1.1L Cr 1.2% | ₹1.1L Cr 1.7% | ₹1.1L Cr 10.1% | ₹1.0L Cr 9.1% | ₹1.1L Cr 3.0% | ₹1.2L Cr |
| Op. Profit | ₹11.7K Cr 19.7% | ₹9.8K Cr 0.9% | ₹9.7K Cr 25.1% | ₹7.7K Cr 3.8% | ₹7.5K Cr 65.1% | ₹4.5K Cr 19.7% | ₹5.6K Cr 37.2% | ₹9.0K Cr |
| OPM | 10.0% 11.1% | 9.0% 0.0% | 9.0% 28.6% | 7.0% 0.0% | 7.0% 59.1% | 4.4% 12.0% | 5.0% 37.5% | 8.0% |
| Net Profit | ₹7.2K Cr 16.1% | ₹6.2K Cr 9.5% | ₹6.8K Cr 55.7% | ₹4.4K Cr 15.4% | ₹3.8K Cr 65.7% | ₹2.3K Cr 19.2% | ₹2.8K Cr 40.7% | ₹4.8K Cr |
| EPS (₹) | 16.57 16.1% | 14.27 9.5% | 15.76 55.7% | 10.12 15.4% | 8.77 65.8% | 5.29 19.2% | 6.55 40.7% | 11.04 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.6L Cr 3.4% | ₹4.4L Cr 1.7% | ₹4.5L Cr 5.3% | ₹4.7L Cr 36.4% | ₹3.5L Cr 50.7% | ₹2.3L Cr 19.1% | ₹2.8L Cr 4.6% | ₹3.0L Cr 26.4% | ₹2.4L Cr 17.2% | ₹2.0L Cr |
| Expenses | ₹4.1L Cr 0.2% | ₹4.1L Cr 2.7% | ₹4.0L Cr 12.6% | ₹4.6L Cr 41.1% | ₹3.3L Cr 56.6% | ₹2.1L Cr 24.1% | ₹2.8L Cr 2.7% | ₹2.8L Cr 28.4% | ₹2.2L Cr 17.7% | ₹1.9L Cr |
| Op. Profit | ₹41.2K Cr 62.2% | ₹25.4K Cr 42.4% | ₹44.1K Cr 304.5% | ₹10.9K Cr 43.0% | ₹19.1K Cr 8.9% | ₹21.0K Cr 134.0% | ₹9.0K Cr 40.6% | ₹15.1K Cr 1.3% | ₹15.3K Cr 11.1% | ₹13.8K Cr |
| OPM | 9.0% 50.0% | 6.0% 40.0% | 10.0% 334.8% | 2.3% 61.7% | 6.0% 33.3% | 9.0% 190.3% | 3.1% 38.0% | 5.0% 16.7% | 6.0% 14.3% | 7.0% |
| Other Income | ₹4.4K Cr 21.2% | ₹3.6K Cr 19.7% | ₹3.0K Cr 18.7% | ₹2.6K Cr 48.3% | ₹4.9K Cr 34.0% | ₹7.5K Cr 437.6% | ₹1.4K Cr 53.2% | ₹3.0K Cr 1.6% | ₹2.9K Cr 7.6% | ₹2.7K Cr |
| Interest | ₹3.0K Cr 17.8% | ₹3.6K Cr 13.4% | ₹4.1K Cr 2.7% | ₹4.3K Cr 63.6% | ₹2.6K Cr 51.2% | ₹1.7K Cr 34.7% | ₹2.6K Cr 49.5% | ₹1.8K Cr 48.7% | ₹1.2K Cr 70.4% | ₹696 Cr |
| Depreciation | ₹7.9K Cr 8.3% | ₹7.3K Cr 7.2% | ₹6.8K Cr 6.3% | ₹6.4K Cr 17.2% | ₹5.4K Cr 25.4% | ₹4.3K Cr 6.2% | ₹4.1K Cr 19.4% | ₹3.4K Cr 18.5% | ₹2.9K Cr 36.9% | ₹2.1K Cr |
| PBT | ₹34.8K Cr 91.3% | ₹18.2K Cr 49.8% | ₹36.2K Cr 1183.0% | ₹2.8K Cr 82.4% | ₹16.0K Cr 28.5% | ₹22.4K Cr 514.2% | ₹3.7K Cr 71.7% | ₹12.9K Cr 9.0% | ₹14.2K Cr 3.5% | ₹13.7K Cr |
| Tax % | 26.0% 3.7% | 27.0% 3.8% | 26.0% 8.3% | 24.0% 11.1% | 27.0% 17.4% | 23.0% | 0.0% 100.0% | 34.0% 9.7% | 31.0% 0.0% | 31.0% |
| Net Profit | ₹25.8K Cr 93.8% | ₹13.3K Cr 50.3% | ₹26.9K Cr 1160.4% | ₹2.1K Cr 81.8% | ₹11.7K Cr 32.6% | ₹17.3K Cr 372.4% | ₹3.7K Cr 57.0% | ₹8.5K Cr 12.9% | ₹9.8K Cr 3.0% | ₹9.5K Cr |
| EPS (₹) | 59.57 93.8% | 30.74 50.3% | 61.91 1160.9% | 4.91 81.8% | 26.93 27.7% | 37.26 429.3% | 7.04 60.8% | 17.98 13.4% | 20.76 3.3% | 20.1 |
| Div Payout | 29.0% 9.4% | 32.0% 3.0% | 33.0% 17.5% | 40.0% 37.9% | 29.0% 71.6% | 102.0% 3.8% | 106.0% 120.8% | 48.0% 4.3% | 46.0% 6.1% | 49.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹4.3K Cr 0.0% | ₹4.3K Cr 100.0% | ₹2.1K Cr 0.3% | ₹2.1K Cr 0.0% | ₹2.1K Cr 1.7% | ₹2.1K Cr 6.4% | ₹2.0K Cr 0.0% | ₹2.0K Cr 0.0% | ₹2.0K Cr 50.0% | ₹1.3K Cr |
| Reserves | ₹89.7K Cr 16.3% | ₹77.1K Cr 4.9% | ₹73.5K Cr 43.0% | ₹51.4K Cr 3.2% | ₹49.8K Cr 3.3% | ₹51.5K Cr 48.9% | ₹34.6K Cr 6.1% | ₹36.8K Cr 6.2% | ₹34.7K Cr 17.4% | ₹29.5K Cr |
| Borrowings | ₹53.0K Cr 13.3% | ₹61.1K Cr 11.9% | ₹54.6K Cr 21.3% | ₹69.4K Cr 7.5% | ₹64.5K Cr 18.3% | ₹54.5K Cr 16.7% | ₹65.5K Cr 46.0% | ₹44.8K Cr 19.1% | ₹37.7K Cr 5.4% | ₹35.7K Cr |
| Other Liabilities | ₹81.1K Cr 6.8% | ₹75.9K Cr 5.1% | ₹72.2K Cr 10.6% | ₹65.2K Cr 8.2% | ₹71.1K Cr 34.4% | ₹52.9K Cr 8.3% | ₹48.9K Cr 8.4% | ₹53.3K Cr 15.7% | ₹46.1K Cr 8.3% | ₹42.5K Cr |
| Total Liabilities | ₹2.3L Cr 4.4% | ₹2.2L Cr 7.9% | ₹2.0L Cr 7.6% | ₹1.9L Cr 0.3% | ₹1.9L Cr 16.5% | ₹1.6L Cr 6.7% | ₹1.5L Cr 10.2% | ₹1.4L Cr 13.8% | ₹1.2L Cr 10.3% | ₹1.1L Cr |
Assets | ||||||||||
| Fixed Assets | ₹1.0L Cr 15.0% | ₹88.6K Cr 2.1% | ₹86.8K Cr 0.1% | ₹86.7K Cr 3.3% | ₹83.9K Cr 30.9% | ₹64.1K Cr 6.5% | ₹60.2K Cr 22.0% | ₹49.3K Cr 8.3% | ₹45.5K Cr 35.2% | ₹33.7K Cr |
| CWIP | ₹15.3K Cr 41.9% | ₹26.4K Cr 30.6% | ₹20.2K Cr 24.3% | ₹16.2K Cr 5.3% | ₹15.4K Cr 9.4% | ₹17.0K Cr 4.1% | ₹17.8K Cr 30.0% | ₹13.7K Cr 38.3% | ₹9.9K Cr 41.3% | ₹16.8K Cr |
| Investments | ₹30.0K Cr 12.9% | ₹26.5K Cr 0.4% | ₹26.6K Cr 0.5% | ₹26.8K Cr 13.4% | ₹23.6K Cr 11.8% | ₹26.8K Cr 1.0% | ₹27.0K Cr 8.5% | ₹24.9K Cr 5.0% | ₹23.7K Cr 11.2% | ₹21.3K Cr |
| Other Assets | ₹80.7K Cr 5.1% | ₹76.8K Cr 11.7% | ₹68.8K Cr 17.7% | ₹58.4K Cr 9.5% | ₹64.6K Cr 21.7% | ₹53.1K Cr 15.6% | ₹45.9K Cr 6.4% | ₹49.0K Cr 19.0% | ₹41.2K Cr 10.7% | ₹37.2K Cr |
| Total Assets | ₹2.3L Cr 4.4% | ₹2.2L Cr 7.9% | ₹2.0L Cr 7.6% | ₹1.9L Cr 0.3% | ₹1.9L Cr 16.5% | ₹1.6L Cr 6.7% | ₹1.5L Cr 10.2% | ₹1.4L Cr 13.8% | ₹1.2L Cr 10.3% | ₹1.1L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹23.7K Cr 34.1% | ₹35.9K Cr 188.3% | ₹12.5K Cr 38.7% | ₹20.3K Cr 13.3% | ₹23.5K Cr 197.6% | ₹7.9K Cr 22.4% | ₹10.2K Cr 8.2% | ₹11.1K Cr 22.4% | ₹9.0K Cr 18.7% | ₹11.1K Cr |
| Investing CF | ₹-19.2K Cr 82.3% | ₹-10.5K Cr 34.8% | ₹-7.8K Cr 4.1% | ₹-8.1K Cr 228.9% | ₹-2.5K Cr 77.8% | ₹-11.1K Cr 6.5% | ₹-10.5K Cr 47.9% | ₹-7.1K Cr 53.7% | ₹-15.3K Cr 65.4% | ₹-9.2K Cr |
| Financing CF | ₹-6.2K Cr 75.5% | ₹-25.4K Cr 477.6% | ₹-4.4K Cr 75.1% | ₹-17.7K Cr 26.4% | ₹-14.0K Cr 490.2% | ₹3.6K Cr 1630.9% | ₹207 Cr 104.9% | ₹-4.2K Cr 187.8% | ₹4.8K Cr 460.7% | ₹-1.3K Cr |
| Net Cash Flow | ₹-1.7K Cr 14425.0% | ₹-12 Cr 104.7% | ₹257 Cr 104.7% | ₹-5.5K Cr 178.2% | ₹7.0K Cr 2027.7% | ₹329 Cr 478.2% | ₹-87 Cr 59.5% | ₹-215 Cr 85.0% | ₹-1.4K Cr 357.5% | ₹555 Cr |
| Free Cash Flow | ₹8.6K Cr 67.5% | ₹26.4K Cr 566.4% | ₹4.0K Cr 68.7% | ₹12.6K Cr 12.2% | ₹14.4K Cr 435.8% | ₹-4.3K Cr 1146.8% | ₹-344 Cr 110.2% | ₹3.4K Cr 911.5% | ₹-417 Cr 144.0% | ₹947 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8d 14.3% | 7d 40.0% | 5d 50.0% | 10d 16.7% | 12d 71.4% | 7d 12.5% | 8d 0.0% | 8d 11.1% | 9d 125.0% | 4d |
| Inventory Days | 43d 2.4% | 42d 31.3% | 32d 37.3% | 51d 1.9% | 52d 62.5% | 32d 0.0% | 32d 22.0% | 41d 8.9% | 45d 32.4% | 34d |
| Days Payable | 29d 7.4% | 27d 35.0% | 20d 45.9% | 37d 15.6% | 32d 68.4% | 19d 24.0% | 25d 7.4% | 27d 12.5% | 24d 26.3% | 19d |
| Cash Conv. Cycle | 22d 4.8% | 21d 23.5% | 17d 29.2% | 24d 27.3% | 33d 65.0% | 20d 25.0% | 16d 23.8% | 21d 30.0% | 30d 57.9% | 19d |
| Working Capital Days | -27d 28.6% | -21d 5.0% | -20d 31.0% | -29d 12.1% | -33d 10.0% | -30d 130.8% | -13d 31.6% | -19d 38.7% | -31d 72.2% | -18d |
| ROCE | 16.0% 50.0% | 32.0% 357.1% | 7.0% 56.3% | 16.0% 11.1% | 18.0% 100.0% | 9.0% 50.0% | 18.0% 14.3% | 21.0% 12.5% | 24.0% 4.0% | 25.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation is a public sector company which is engaged in the business of refining of crude oil and marketing of petroleum products.[1]
Oil, Gas & Consumable FuelsPetroleum Products