ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Hindustan Petroleum Corporation Earnings Call Transcript: Key Takeaways

HPCL faces a severe 'red quarter' driven by ₹26,000 crore in marketing under-recoveries and inventory losses. Management remains optimistic, pivoting to structural long-term efficiency gains and new refinery commissioning to offset current volatility.

Highlights
Revenue growthNegative growth this quarter driven by marketing under-recoveries and inventory write-downs.
MarginsMarketing margins severely compressed; refining margins volatile due to crude sourcing shifts.
Demand visibilityStrong domestic demand spikes noted, requiring significant supply chain pressure management.
Management confidenceBalanced; acknowledged losses while highlighting long-term structural improvements and refinery ramp-ups.

Growth

Growth is currently negative due to external pricing shocks despite strong physical throughput and operational resilience.

Outlook

Capex targeted at ₹9,700 crore for FY27; Vizag and Rajasthan refineries reaching full capacity in FY28.

Risks

Extreme crude volatility, high debt-to-equity ratio of 1.5, and continued reliance on state-mandated fuel pricing.

Source

Earnings Call Transcript filed with BSE, NSE: HINDPETRO. Summary written with AI assistance from the document.

Read the document ↗

Hindustan Petroleum Corporation Ltd: key numbers

Share price
₹400.15
Market cap
₹85,145 Cr
Revenue (annual)
₹4,41,771 Cr
Net profit (annual)
₹18,047 Cr
P/E (TTM)
59.2×Sector 17.5×
Promoter holding
54.90%+0.00% QoQ
FII holding
13.07%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Hindustan Petroleum Corporation Ltd

All →