| Revenue growth | ₹1.5 lakh Cr in Q2; volatility driven by crude prices. |
|---|---|
| Margins | GRM at $14/bbl (adj. for SAED); marketing margins under pressure. |
| Demand visibility | Strong domestic outlook; diesel growth projected at 3.5-4%. |
| Management confidence | Balanced; focused on resilient sourcing and long-term project execution. |
Growth
Refinery throughput reached 10.4 MMT (117% utilization) with distillate yields at 84.4%, but marketing volumes dipped slightly QoQ to 13.47 MMT.
Outlook
Capex targets ₹25,000 Cr for FY27 and ₹40,000-45,000 Cr for FY28 to fund major refinery and petchem expansions.
Risks
Escalating geopolitical tensions impacting crude premiums/freight and persistent LPG under-recoveries (₹328/cylinder guided for November) remain key earnings threats.
Earnings Call Transcript filed with NSE, NSE: BPCL. Summary written with AI assistance from the document.
Bharat Petroleum Corporation Ltd: key numbers
- Share price
- ₹287.00
- Market cap
- ₹1,24,515 Cr
- Revenue (annual)
- ₹4,55,228 Cr
- Net profit (annual)
- ₹25,843 Cr
- P/E (TTM)
- 7.9×Sector 18.3×
- Promoter holding
- 52.98%+0.00% QoQ
- FII holding
- 16.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bharat Petroleum Corporation Ltd
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- Value
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Bharat Petroleum Corporation Debt & Borrowing: ₹10,000 Cr
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- Value
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Bharat Petroleum Corporation Debt & Borrowing: ₹1,000 Cr
BPCL confirmed payment of Rs 6,270 lakh interest and full redemption of Rs 1,00,000 lakh on its 6.27% NCDs (ISIN INE322J08040) on 26 October 2026. This is a debt servicing and redemption event with no new capital raised.
- Value
- ₹1,000 Cr
Bharat Petroleum Corporation Results Update
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