Bharat Petroleum

    BPCL
    Energy
    ₹281.95
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.22 L Cr

    P/E
    7.62
    Day range
    ₹277.05 – ₹286.40
    52-week range
    ₹266.60 – ₹391.65
    Volume
    31.98 L
    Open
    ₹286.00
    Prev close
    ₹286.95

    Latest results · Q2 FY27(consolidated)Revenue ₹1,57,818 Cr+29.8%Profit ₹4,863 Cr-21.5%Margin 3.1%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of BPCL (1,975 shares)

    Research profile

    Composite 61 / 100

    Factor percentiles

    Value95
    Quality53
    Momentum46
    Low volatility52

    Derived metrics

    Earn. yield
    13.1%
    Graham no.
    ₹427.19
    vs Graham
    +51.5%
    ROE ÷ P/B
    22.9%
    12-1 mom.
    -5.7%
    Return / vol
    -0.53
    Magic Formula
    #21
    Piotroski
    4/6
    FCF yield
    25.6%
    PEG
    0.27

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 48 in Energy
    Largest Energy companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Reliance IndustriesRELIANCE₹16.10 L Cr21.551.7811.0%10.0%15.0%0.45+27.0%
    Adani PowerADANIPOWER₹3.51 L Cr19.265.4921.4%17.0%42.0%0.84+34.0%
    NTPCNTPC₹2.89 L Cr10.411.4214.2%9.0%32.0%1.33+7.8%
    Oil & Natural Gas CorpONGC₹2.86 L Cr6.580.7713.9%14.0%8.0%0.47+25.7%
    Coal IndiaCOALINDIA₹2.45 L Cr7.852.0928.1%35.0%26.0%0.12+7.8%
    Power Grid CorpPOWERGRID₹2.30 L Cr14.472.2916.5%9.0%82.0%1.47+2.7%
    Adani Green EnergyADANIGREEN₹1.95 L Cr107.749.5412.4%7.0%89.0%5.48+41.6%
    Bharat PetroleumBPCL₹1.22 L Cr7.621.2428.5%26.0%-2.7%0.54+34.4%
    Sector median₹38,531 Cr18.141.8913.8%11.5%26.0%0.77+20.7%

    Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 1d ago

    Headlines about Bharat Petroleum from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    8.7
    EPS (TTM)
    ₹40.10
    Price / Book
    1.20
    ROE (FY26)
    28.5%
    ROCE (latest year)
    26%
    Dividend yield
    6.21%

    Moving averages (NSE)

    20-day
    ₹294.44
    Price below
    50-day
    ₹305.38
    Price below
    200-day
    ₹319.38
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    -1.3%
    Profit 3Y CAGR
    +129.7%
    Revenue YoY (Sep 2026)
    +42.1%
    Profit YoY (Sep 2026)
    -21.5%
    Operating margin
    6.0%
    Net margin
    3.3%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -50K Cr0 Cr50K Cr1L Cr1.5L Cr2L Cr
    • Revenue
    • Net profit

    Operating margin

    Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026-10%0%10%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr60K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%20%40%60%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr50K Cr1L Cr1.5L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 20260x1x2x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 21 Jun 2024: earlier bars are per pre-bonus share.

    FY19FY20FY21FY22FY23FY24FY25FY26₹0₹10₹20₹30₹40

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
    Sales1,15,4991,16,5551,13,0951,02,7851,13,1661,11,2301,12,5511,04,9461,19,0291,18,7011,51,2771,49,080
    Expenses1,09,3001,07,6001,07,46898,2681,05,7101,03,4941,02,87495,1851,07,3431,09,0671,55,3321,40,108
    Operating Profit6,1998,9555,6274,5177,4567,7379,6789,76111,6879,634-4,0558,973
    OPM %5%8%5%4.4%7%7%9%9%10%8%-2.7%6%
    Other Income9194038071,2785481,0611,8401,3756879403,535675
    Interest920967889923861919758833657705627991
    Depreciation1,8301,7221,6861,7791,8101,9821,8891,9581,9792,0312,0692,097
    Profit before tax4,3676,6693,8593,0945,3335,8978,8728,3459,7377,838-3,2166,560
    Tax %27%28%26%26%29%26%23%26%26%28%-42%26%
    Net Profit3,1814,7902,8422,2973,8064,3926,8396,1917,1885,625-1,8734,863
    EPS in Rs₹7.33₹11.04₹6.55₹5.29₹8.77₹10.12₹15.76₹14.27₹16.57₹12.96₹-4.32₹11.21

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days4

    -8 days since Mar 2021

    Inventory Days51

    -1 days since Mar 2021

    Days Payable41

    +9 days since Mar 2021

    Cash Conversion Cycle14

    -19 days since Mar 2021

    Working Capital Days-34

    -1 days since Mar 2021

    Strengths, risks & growth

    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]

    Strengths

    • Stock is providing a good dividend yield of 6.21%.
    • Company is expected to give good quarter
    • Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
    • Company has been maintaining a healthy dividend payout of 31.5%

    Risks

    None flagged by the checklist.

    Compounded Sales Growth

    10 Years
    +9%
    5 Years
    +15%
    3 Years
    -1%
    TTM
    +22%

    Compounded Profit Growth

    10 Years
    +12%
    5 Years
    +16%
    3 Years
    +107%
    TTM
    -35%

    Stock Price CAGR

    10 Years
    +2%
    5 Years
    +6%
    3 Years
    +19%
    1 Year
    -15%

    Return on Equity

    10 Years
    +24%
    5 Years
    +24%
    3 Years
    +29%
    Last Year
    +29%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter52.98%52.98%52.98%52.98%0.00 pp
    FII18.46%19.57%16.84%16.66%-0.18 pp
    DII19.56%18.52%21.07%21.57%+0.50 pp
    Government0.43%0.43%0.86%0.86%0.00 pp
    Public8.58%8.48%8.25%7.92%-0.33 pp
    Others0.00%0.00%0.00%0.00%0.00 pp

    Filed with NSE for Sept 2026: promoters 52.98%, public 47.02% · XBRL filing

    Analysts & fund holdings

    63%
    63% recommend buy
    27 analysts cover the stock
    Valuation vs Oil, Gas & Consumable Fuels
    P/E7.6 vs 11.3
    Sector P/B1.27
    Beta1.49

    Who holds the shares, quarter by quarter

    Mutual funds 9.13% (-0.43 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters53.0%
    • Foreign institutions16.7%
    • Mutual funds9.1%
    • Insurance10.1%
    • Other domestic institutions2.4%
    • Retail4.9%
    • Others3.9%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Balanced Advantage Fund0.49%0.61%+0.02 pp
    Kotak Flexi Cap Fund0.43%1.03%-0.01 pp
    Mirae Asset Large Cap Fund0.36%1.20%+0.07 pp
    ICICI Pru Large Cap Fund0.36%0.60%+0.01 pp
    SBI Energy Opportunities Fund0.30%4.63%+0.39 pp

    Scorecard

    Performance
    Low
    Valuation
    Avg
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    28.7%
    Downside volatility
    28.1%
    Worst 5% of days
    3.0%
    Average of that tail
    4.2%
    Max drawdown (1Y)
    30.1%
    Below its peak
    27.4%

    Against the market

    Beta vs Nifty 50
    1.36
    Correlation
    0.63
    Relative strength (3M)
    -3.7%
    ATR (14)
    2.8%

    Return

    Return 1M
    -10.1%
    Return 3M
    -9.0%
    Return 6M
    -10.3%
    Return 1Y
    -15.2%
    vs 200-day average
    -11.7%

    Momentum

    RSI (14)
    33.5
    MACD histogram
    -0.39
    Stochastic %K
    21.0
    ADX (14)
    29.7
    +DI / −DI
    12.9 / 29.9
    Money flow index
    19.8

    Participation

    Delivery (20d avg)
    55.9%
    vs its 60-day baseline
    +0.6 pts
    Volume vs 20-day
    -0.5σ
    Close vs day's VWAP
    +0.5%
    52-week position
    9 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    4 of 6 tested

    • Return on assets positive — passed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — passed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — failed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — passed
    • Asset turnover improving — failed
    Free cash flow
    ₹31,344 Cr
    FCF yield
    25.6%
    Cash conversion
    1.96
    Accruals ratio
    -0.100
    Net debt
    ₹54,104 Cr
    Net debt / equity
    0.54
    EV / sales
    0.30
    PEG
    0.27
    Capex intensity
    3.7%
    Revenue CAGR
    6.3%
    Profit CAGR
    28.1%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Corporate actions

    • dividend
      ₹10.00

      Interim Dividend - Rs 10 Per Share

      2 Feb 2026
      ex-date
    • dividend
      ₹7.50

      Interim Dividend - Rs 7.50 Per Share

      7 Nov 2025
      ex-date
    • dividend
      ₹5.00

      Dividend - Rs 5 Per Share

      31 Jul 2025
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      29 Jan 2025
      ex-date
    • dividend
      ₹10.50

      Dividend - Rs 10.5 Per Share

      9 Aug 2024
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:1

      21 Jun 2024
      ex-date
    • dividend
      ₹21.00

      Interim Dividend - Rs 21 Per Share

      12 Dec 2023
      ex-date
    • dividend
      ₹4.00

      Dividend - Rs 4 Per Share

      11 Aug 2023
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/Dividend - Rs 6 Per Share

      19 Aug 2022
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      10 Feb 2022
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      11 Nov 2021
      ex-date
    • dividend
      ₹23.00

      Annual General Meeting/Dividend - Rs 23 Per Share/Special Dividend - Rs 35 Per Share

      16 Sept 2021
      ex-date
    • dividend
      ₹5.00

      Interim Dividend - Rs 5 Per Share

      25 Mar 2021
      ex-date
    • dividend
      ₹16.00

      Interim Dividend - Rs 16 Per Share

      17 Feb 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      18 Sept 2020
      ex-date
    • dividend
      ₹16.50

      Interim Dividend - Rs 16.50 Per Share

      23 Mar 2020
      ex-date
    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      21 Aug 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend Rs - 11 Per Share

      21 Feb 2019
      ex-date
    • dividend
      Not available — not reported in this filing

      Annual General Meeting/Dividend Rs- 7 Per Share

      31 Aug 2018
      ex-date
    • dividend
      ₹14.00

      Interim Dividend - Rs 14 Per Share

      22 Feb 2018
      ex-date

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor handout for unaudited financial results

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Rescheduling of 2Q FY27 Post Results Conference Call

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Intimation on formation of a wholly owned subsidiary

    Result
    Unaudited Financial Results For The Quarter And Half Year Ended 30Th Sept 2026

    Intimation on unaudited results for the quarter and half year ended 30th Sept 2026

    Board Meeting
    Board Meeting Outcome for Unaudited Financial Results For The Quarter And Half Year Ended 30Th Sept 2026

    Intimation on unaudited financial results for the quarter and half year ended 30th Sept 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation of 2Q FY27 Post Results Conference Call

    Board MeetingPrice-sensitive
    Board Meeting Intimation for Board Meeting Intimation For Considering Unaudited Financial Results For The Quarter & Half Year Ended 30Th September 2026

    Bharat Petroleum Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve Bharat Petroleum ....

    Company Update
    Newspaper Publication

    Intimation on newspaper publication

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    Compliances - Certificate under Reg. 74(5) of SEBI (DP) Regulations, 2018

    Insider Trading / SAST
    Closure of Trading Window

    Intimation on trading window closure

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation on Schedule of Analysts / Institutional Investors Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation on Schedule of Analysts / Institutional Investors Meet

    Company Update
    Intimation Under Regulation 30 Of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015

    Orders received from the Collector & Additional Superintendent of Stamps, Gujarat

    Company Update
    Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s

    Appointment of Statutory Auditors for the FY 2026-27

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Intimation on Schedule of Analysts / Institutional Investors Meet

    Filed with BSE (scrip 500547); the last 45 days. Documents open at bseindia.com.

    Documents

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 24 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Bharat Petroleum: common questions

    Answered from the figures on this page.

    Bharat Petroleum last traded at ₹281.95 (NSE, as of 25 Oct 2026). The last session moved it down 1.74%.

    Bharat Petroleum is valued at about ₹1.22 lakh crore (NSE, as of 25 Oct 2026).

    Bharat Petroleum trades at a price-to-earnings ratio of 7.62 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Bharat Petroleum has traded between ₹266.60 and ₹391.65 over the past 52 weeks, to 25 Oct 2026. It is currently 12% of the way up that range.

    Bharat Petroleum (BPCL) is classified under Energy on this site's screener.