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. Hindustan Petroleum Corporation Limited (HPCL) is a Mega Public Sector Undertaking (PSU) with Navratna status. Hindustan Petroleum Corporation Ltd (HPCL) is a Navratna company incorporated in 1952.
The company operates as one of India's largest oil marketing companies with a significant presence across the petroleum products value chain. HPCL is a Government of India Enterprise listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited with Oil and Natural Gas Corporation Limited (ONGC /the Holding Company) holding 54.90% as of March 31 2024.
The company owns and manages India's largest lubricant refinery and has the 2nd-largest retail network and LPG marketing presence. Additionally, it operates the 2nd-largest cross-country product pipeline network. The company has a 13.44% market share in India's total refining capacity and a 20.50% domestic market share in petroleum products.
As of March 31, 2024, HPCL operated through an extensive distribution network including 22,022 retail outlets; 6,349 LPG distributors; 1,690 CNG facilities; 5 lube blending plants; 1,638 SKO/LDO dealerships; 474 lube distributors; 145 regional offices; 78 terminals/TOPs and depots; 56 LPG bottling plants; 2 LPG import locations; 55 aviation service facilities; 817 door delivery dispensers; 36 exclusive lube depots; 17 product pipelines; and 3,603 EV charging facilities at retail outlets.
HPCL delivered strong financial performance in FY 2024-25, demonstrating resilience in a challenging market environment. HPCL delivered an exceptional performance in FY 2024-25 achieving its highest-ever refinery throughput of 25.27 MMT. The company recorded robust growth in both operational and financial metrics.
**Key Financial Highlights for FY 2024-25:**
- Revenue from Operations: Rs.4,66,346 crore (Rs.4,61,638 crore in FY24)
- Profit After Tax (PAT): Rs.7,365 crore (Rs.14,694 crore in FY24)
- Consolidated PAT: Rs.6,736 crore (Rs.16,015 crore in FY24)
- Gross Refining Margin (GRM): US$ 5.74 per barrel (US$ 9.08 per barrel in FY24)
Hindustan Petroleum Corporation Ltd's net profit jumped 26.06% since last year same period to ₹3,415.44Cr in the Q4 2024-2025. The company registered an increase in Profit After Tax by 18% YoY.
**Q4 FY25 Operational Highlights:**
- Refineries recorded highest-ever quarterly throughput of 6.74 MMT.
- The Marketing segment delivered an outstanding performance registering a 2.7% year-on-year growth in domestic sales volume surpassing Industry growth rate of 2.4%.
- Revenue from Operations: Rs.1,18,334 crore (Rs.1,21,533 crore in Q4 FY24)
- Gross Refining Margin (GRM): US$ 8.44 per barrel (US$ 6.95 per barrel
HPCL also registered record-high sales volume of 49.82 MMT. This corresponded to a domestic market sales growth of 5.5%, and HPCL significantly outperformed the industry average growth rate of 4.2%. Additionally, HPCL also recorded its highest-ever pipeline throughput of 26.90 MMT during FY 2024-25.
As of Jul 07, 2025 09:29 AM, the market cap of Hindustan Petroleum Corporation stood at Rs. 95,486.06 Cr. The latest PE ratio of Hindustan Petroleum Corporation as of Jul 07, 2025 09:29 AM is 14.04 · The latest PB ratio of Hindustan Petroleum Corporation as of Jul 07, 2025 09:29 AM is 0.55
The company has maintained a consistent dividend policy, reflecting its commitment to shareholder returns. HPCL informs shareholders about TDS on Rs.10.50 final dividend for FY 2024-25, record date Aug 14, 2025. The enterprise also declared a dividend brand new ₹10.50 consistent with percentage, reflecting shareholder fee introduction.
Visakh Refinery was able to realise the full volume potential post the expansion and processed over 15 MMT of crude oil. Similarly, Mumbai Refinery processed almost 10 MMT crude oil in an all-time high. The company operates refineries with a combined capacity that positions it as a significant player in India's refining sector.
In a significant step, HPCL commenced operations at LNG Regassification Terminal at Chhara, Gujarat. Chhara LNG Terminal (HPCL LNG Ltd.): 5 MMTPA terminal commissioned, operational from February 01, 2025. Flow of gas has already commenced and HPCL has offloaded multiple cargoes at the terminal.
Residue Upgradation Facility (RUF), Visakh: Pre-commissioning activities completed; Commissioning of utilities completed. OISD and PESO inspections completed. PESO approval obtained in Apr 25. Unit gearing up for commissioning in Q2 FY26. India's largest LPG cavern with 80 TMT capacity at Mangalore - is nearing completion; operations expected in Q2 FY26
HPCL Aims for Net Zero Energy by 2030 - 08 Jun, 2025 · Hindustan Petroleum Corporation Ltd (HPCL) is committed to becoming a net zero energy provider by enhancing sustainability efforts, including renewable energy capacity and biofuel production. The enterprise is actively concerned in renewable energy projects, such as sun and wind hybrid strength plant life, and has partnered with the government today's Bihar to establish compressed biogas (CBG) flowers . those efforts are latest HPCL's dedication to lowering its carbon footprint and contributing to India's renewable power desires.
additionally, HPCL executed its highest-ever ethanol blending ultra-modern 16.2% during the 0.33 region, mixing approximately 56.ninety six crore liters ultra-modern ethanol into motor spirit, aligning with the authorities's renewable strength projects In FY25: The organisation achieved a file ethanol mixing charge today's sixteen.2%, one of the maximum within the industry.
Its Downstream Petroleum segment is engaged in refining and marketing of petroleum products. Its businesses include HP Refineries, HP Retail (Petrol Pumps); HP Gas (LPG); HP Lubricants; HP Aviation; HP Direct Sales; HP Projects and Pipelines; HP Supplies, Operations and Distribution (SOD); HP International Trade; HP Natural Gas and Renewables; HP Natural Gas; HP Petrochemicals, and HP Research and Development.
According to analyst recommendations, Hindustan Petroleum Corporation Share has a "Buy" rating for the long term. HPCL continues to build on its strategic pillars of operational excellence, customer-centric marketing, energy transition initiatives, and digital integration. The company remains committed to creating long-term value for its shareholders, with focused investments in infrastructure, diversification, and sustainable practices. The company is poised to leverage its robust infrastructure and market position to navigate the evolving energy landscape.
The company's strong operational performance, strategic infrastructure investments, and focus on sustainability initiatives position it well for future growth in India's evolving energy sector.
