Bharat Petroleum Corporation Limited (BPCL) is a Public Sector Undertaking (PSU) with the Government of India holding 52.98% stake as on 31 March 2023. The Corporation operates in the petroleum industry in India. The Corporation is engaged in the business of refining of crude oil and marketing of petroleum products. Bharat Petroleum Corporation Limited is an Indian public sector oil and gas company, headquartered in Mumbai. It is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas.
Bharat Petroleum Corporation (BPCL) is the second largest Indian oil marketing company (OMC), engaged in the refining of crude oil and marketing of petroleum products, with a significant presence in the upstream and downstream sectors of the oil and gas industry. The company attained the coveted 'Maharatna' status, joining the elite club of companies having greater operational & financial autonomy. BPCL was ranked 309th on the Fortune Global 500 list of the world's biggest corporations in 2020, and 1052nd on Forbes Global 2000 in 2023.
Bharat Petroleum Corporation Ltd has a market capitalisation of Rs 1,50,243 crore. Last 12 Months: Bharat Petroleum Corporation Ltd share price moved up by 14.31% on BSE. Last 3 Years: Bharat Petroleum Corporation Ltd share price moved up by 118.80% on BSE.
For the quarter ended March 2025 (Q4 FY25):
- On a consolidated basis, Bharat Petroleum Corporation Ltd reported a profit of Rs 4,391.83 crore on a total income of Rs 1,12,392.23 crore for the quarter ended 2025.
- Net profit of Bharat Petroleum Corporation declined 8.30% to Rs 4391.83 crore in the quarter ended March 2025 as against Rs 4789.57 crore during the previous quarter ended March 2024. Sales declined 4.57% to Rs 111230.21 crore in the quarter ended March 2025 as against Rs 116554.73 crore during the previous quarter ended March 2024.
For the year ended 2024:
- For the year ended 2024, Bharat Petroleum Corporation Ltd had posted a profit of Rs 26,858.84 crore on a total income of Rs 4,48,083.03 crore.
- Revenue: 4,40,272 Cr · Profit: 13,337 Cr
Bharat Petroleum Corporation Ltd (BPCL) declared a Rs 10 per share dividend for FY25, showcasing strong cash flow. In the quarter ending December 2024, Bharat Petroleum Corporation Ltd has declared dividend of ₹5 - translating a dividend yield of 4.85%.
Bharat Petroleum operates the following refineries: Mumbai Refinery : Located near Mumbai, Maharashtra. It has a capacity of 13 million metric tonnes per annum. Kochi Refineries : Located near Kochi, Kerala. It has a capacity of 15.5 million metric tonnes per annum. Bina Refinery : Located near Bina, Sagar district, Madhya Pradesh. It has a capacity of 7.8 million metric tonnes per year. Refineries Capacity Total Capacity - 35.3 MMTPA Refinery Locations: Mumbai - 12 MMTPA Kochi - 15.5 MMTPA Bina, Madhya Pradesh - 7.8 MMTPA [1] It possesses 14-15% of the country's total refining capacity.
BPCL's marketing infrastructure includes over 21,800 energy stations, over 6,200 LPG distributorships, 70 aviation service stations and four cross-country pipelines. The company also has an extensive distribution channel, which includes 83 retail depots, 21,142 retail outlets, and 6,245 LPG distributors.
It also provides LPG for domestic, commercial, and industrial applications under the Bharatgas brand name; piped natural gas; lubricants, such as automotive engine oils, gear oils, greases, and specialties, as well as industrial lubricants under the MAK brand name; and engages in the production of jet fuel, as well as provision of related transportation, storage, and into plane services to airlines. In addition, the company offers industrial fuels products, such as black and white oils, bitumen, petcoke, sulphur, propylene, petrochemicals, and solvents, as well as marine bunker fuels; and exports naphtha and fuel oils.
BPCL also plans to add 4,000 fuel retail outlets in India in 5 years, raising its total to 26,000, Krishnakumar said. India's Bharat Petroleum Corp (BPCL.NS), opens new tab plans to increase its integrated refining and petrochemical capacities within the next five to seven years to meet growing energy demand, Chairman G. Krishnakumar told shareholders. India's annual consumption of refined fuels and petrochemicals is expected to rise steadily by 4-5% and 7-8% in the 'foreseeable future', he said.
India's state-run Bharat Petroleum has set aside a capital expenditure of about $20 billion over the next five years to push expansion of refining capacity, widen petrochemicals footprint, boost its network of retail fuel stations, as well as embrace clean energy opportunities, according to company sources.
The company has set a target to end net carbon emission through its operations by 2040. To meet its net zero goal, it is investing 1 trillion rupees into generating renewable power, green hydrogen, compressed biogas, carbon capture utilisation and storage, to offset its carbon emissions. It aims to build 2 gigawatts of renewable energy capacity by 2025 and 10 GW by 2035, the chairman said.
BPCL has also chalked out the plan to offer electric vehicle charging facilities at around 7,000 energy stations over next five years.
Petroleum minister Hardeep Singh Puri has also said the government isn't planning to privatize the refiner, reversing its decision made more than four years earlier. In 2020, the Indian government invited bids for the sale of its entire stake, amounting to 52.98% in the company, and had set the goal to complete the disinvestment by March 2021. On June, 12 2024, the Petroleum Minister of India informed that any plans of disinvestment is off the table.
Bharat Petroleum Corporation Limited's board has approved a joint venture with Tikitar and Shell India, focusing on the manufacturing and marketing of bitumen products for infrastructure projects.
BPCL continues to strengthen its position as India's second-largest oil marketing company while adapting to the evolving energy landscape through strategic investments in renewable energy, expanding retail infrastructure, and enhancing refining capabilities to meet India's growing energy demands.
