Wednesday, 28 October 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 staged a sharp recovery from Q1 losses, driven by strong physical refinery performance and stabilizing marketing margins, despite persistent high crude price volatility.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growthRefinery throughput and sales volumes show strong sequential operational recovery.
MarginsRefining margins exceptional; marketing margins recovered but facing crude headwinds.
Demand visibilityStrong domestic demand for mobility and cooking fuels persists.
Management confidenceBullish on new assets; dismissive of technical stabilization delays.

Growth

EBITDA swung by ₹24,681 Cr QoQ to ₹9,822 Cr. GRMs hit $32.15/bbl before adjustments.

Outlook

Barmer refinery targets 8-9 MMTPA run rate by Q3-end and PBT positive by October.

Risks

Extreme crude volatility ($114 Brent), under-recoveries in LPG (₹327/cylinder in Nov), and delayed Vizag stabilization.

Source

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

Read the document ↗

Hindustan Petroleum Corporation Ltd: key numbers

Share price
₹347.15
Market cap
₹73,867 Cr
Revenue (annual)
₹4,41,771 Cr
Net profit (annual)
₹18,047 Cr
P/E (TTM)
51.4×Sector 18.3×
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 →