BPCL
₹562.00
-20.3 (-3.49%)
19 March, 2024 12:24 BSE: 500547 NSE: BPCLISIN: INE029A01011

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Bpcl Performance

Day Range

  • Low 559
  • High 581
₹ 562

52 Week Range

  • Low 327
  • High 688
₹ 562
  • Open Price580
  • Previous Close582
  • Volume6377225

Bpcl Share Price

  • Over 1 Month -14.16%
  • Over 3 Month 25.63%
  • Over 6 Month 55.93%
  • Over 1 Year 59.9%

Bpcl Key Statistics

P/E Ratio 4.2
PEG Ratio 0
Market Cap Cr 121,912
Price to Book Ratio 2.3
EPS 13.8
Dividend 4.4
Relative Strength Index 42.94
Money Flow Index 29.33
MACD Signal 15.73
Average True Range 24.36
BPCL Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 115,494102,986112,978118,112
Operating Expenses Qtr Cr 109,26890,07897,168106,958
Operating Profit Qtr Cr 6,22612,90815,81011,154
Depreciation Qtr Cr 1,8241,6001,6091,596
Interest Qtr Cr 502768679812
Tax Qtr Cr 1,1832,8113,4621,641
Net Profit Qtr Cr 3,3978,50110,5516,478
IndicatorMar 2023
Total Revenue Annual Cr 475,309
Operating Expenses Annual Cr 462,168
Operating Profit Annual in Cr 10,957
Depreciation Cr 6,347
Interest Annual Cr 3,216
Tax Annual Cr 347
Net Profit Annual Cr 1,870
IndicatorMar 2023
Cash from Operating Activity Annual Cr 10,664
Cash from Investing Activity Annual Cr -6,397
Cash from Financing Annual Activity Cr -3,666
Net Cash Flow Annual Cr 601
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 51,996
Fixed Assets Annual Cr 92,270
Total Non Current Assets Annual Cr 105,406
Total Current Assets Annual Cr 55,398
Total Assets Annual Cr 160,804
IndicatorMar 2023
Book Value Per Share Annual Rs 244
ROE Annual % 4
ROCE Annual % 8
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 3
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 115,499103,044112,985118,115
Operating Expenses Qtr Cr 109,30090,10497,200107,031
Operating Profit Qtr Cr 6,19912,94115,78511,085
Depreciation Qtr Cr 1,8301,6051,6141,605
Interest Qtr Cr 700973869970
Tax Qtr Cr 1,1862,8123,4581,984
Net Profit Qtr Cr 3,1818,24410,6446,870
IndicatorMar 2023
Total Revenue Annual Cr 474,685
Operating Expenses Annual Cr 462,299
Operating Profit Annual in Cr 10,888
Depreciation Cr 6,369
Interest Annual Cr 3,745
Tax Annual Cr 690
Net Profit Annual Cr 2,131
IndicatorMar 2023
Cash from Operating Activity Annual Cr 12,466
Cash from Investing Activity Annual Cr -7,806
Cash from Financing Annual Activity Cr -4,402
Net Cash Flow Annual Cr 257
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 53,522
Fixed Assets Annual Cr 101,720
Total Non Current Assets Annual Cr 132,096
Total Current Assets Annual Cr 56,013
Total Assets Annual Cr 188,109
IndicatorMar 2023
Book Value Per Share Annual Rs 251
ROE Annual % 4
ROCE Annual % 5
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 3

Bpcl Technicals

EMA & SMA

Current Price
₹562.00
-20.3 (-3.49%)
pointer
  • Bullish Moving Average
  • ___
  • 5
  • Bearish Moving Average
  • ___
  • 11
  • 20 Day
  • ₹609.58
  • 50 Day
  • ₹571.87
  • 100 Day
  • ₹515.84
  • 200 Day
  • ₹457.14
  • 20 Day
  • ₹621.21
  • 50 Day
  • ₹566.18
  • 100 Day
  • ₹492.66
  • 200 Day
  • ₹427.29

Bpcl Resistance and Support

PIVOT
₹585.14
Resistance
First Resistance 589.97
Second Resistance 597.63
Third Resistance 602.47
RSI 42.94
MFI 29.33
MACD Single Line 15.73
MACD 5.82
Support
First Resistance 577.47
Second Resistance 572.63
Third Resistance 564.97

Bpcl Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 5,627,498 156,613,269 27.83
Week 12,381,892 467,416,431 37.75
1 Month 9,464,148 350,552,044 37.04
6 Month 9,298,747 404,123,534 43.46

Bpcl Result Highlights

BPCL Synopsis

NSE-Oil&Gas-Refining/Mktg

Bharat Petroleum is involved in the business activities of Manufacture of other petroleum (includes manufacture of petroleum jelly, micro-crystalline petroleum wax, slack wax, ozokerite, lignite wax, petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals). Company’s Total Operating Revenue is Rs. 473124.67 Cr. and Equity Capital is Rs. 2129.45 Cr. for the Year ended 31/03/2023. Bharat Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 03/11/1952 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L23220MH1952GOI008931 and registration number is 008931.
Market Cap 123,593
Sales 449,570
Shares in Float 101.95
No of funds 1141
Yield 4.29
Book Value 2.38
U/D Vol ratio 1.6
LTDebt / Equity 37
Alpha 0.04
Beta 1.3

BPCL

Owner NameDec-23Sep-23Jun-23Mar-23
Promoters 52.98%52.98%52.98%52.98%
Mutual Funds 9.9%10.01%9.99%9.56%
Insurance Companies 11.01%11.2%11.76%11.81%
Foreign Portfolio Investors 14.21%13.01%12.55%12.57%
Financial Institutions/ Banks 0.01%0.01%
Individual Investors 7.24%7.95%7.87%8.31%
Others 4.66%4.85%4.84%4.76%

BPCL Management

Name Designation
Mr. Krishnakumar Gopalan Chairman & Managing Director
Mr. Sukhmal Kumar Jain Director - Marketing
Mr. Rajkumar Dubey Director - Human Resources
Mr. Sanjay Khanna Director - Refineries
Mr. Kamini Chauhan Ratan Director
Dr.(Mrs.) Aiswarya Biswal Independent Director
Prof. (Dr) Bhagwati Prasad Saraswat Independent Director
Mr. Pradeep Agrawal Independent Director
Mr. Ghanshyam Sher Independent Director
Mr. Gopal Krishna Agarwal Independent Director
Mr. Suman Billa Government Director
Dr. Sushma Agarwal Independent Director
Mr. Vetsa Ramakrishna Gupta Director - Finance & CFO

Bpcl Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Bpcl Corporate Action

Date Purpose Remarks
2024-01-29 Quarterly Results
2023-10-27 Quarterly Results
2023-07-26 Quarterly Results
2023-06-28 Others Inter alia, to consider the various modalities for capital infusion including rights issue, for achieving energy transition, net zero and energy security objectives. per share(80%)Final Dividend
2023-05-22 Audited Results & Dividend
Date Purpose Remarks
2023-12-12 INTERIM Rs.21.00 per share(210%)Interim Dividend
2023-08-11 FINAL Rs.4.00 per share(40%)Dividend
2022-02-11 INTERIM Rs.5.00 per share(50%)Second Interim Dividend
2021-11-12 INTERIM Rs.5.00 per share(50%)Interim Dividend
2021-03-27 INTERIM Rs.5.00 per share (50%) Second Interim Dividend

About Bpcl

Bharat Petroleum Corporation Limited or BPCL is a renowned name in India's Oil & Gas sector. The company is involved in oil exploration and production. Although the company is owned and operated by the Government of India, they have been planning to divest it since 2021. The government has a 52.98% stake in BPCL and plans to sell its entire stake. However, the deal hasn't progressed much because of the unavailability of bidders. BPCL divestment is part of the government's ambitious target to collect INR 175,000 crore by divesting its stake in government firms, including BPCL, IDBI Bank, Container Corporation of India, Pawan Hans, BEML Limited, Shipping Corporation of India, etc.

BPCL is managed by the Ministry of Petroleum and Natural Gas. The company's headquarters is in Mumbai, Maharashtra. BPCL is the second-largest government-owned oil corporation in India. It achieved the 309th rank in the 2020 Fortune List of the world's biggest corporations and the 792nd rank on Forbes' 2021 'Global 2000' list.

On 24th January 1976, the Burmah Shell Group of Companies was taken over by the Government of India to form Bharat Refineries Limited. On 1st August 1977, it was renamed Bharat Petroleum Corporation Limited. It was also the first refinery to process newly found indigenous crude (Bombay High), in the country.

In 2003, the government went ahead to privatize BPCL. However, the Center for Public Interest Litigation filed a petition with the Supreme Court asking it to direct the government not to privatise BPCL and Hindustan Petroleum. Prashant Bhushan and Rajinder Sachar mentioned that the government could disinvest only if they amend or repeal the Acts used to nationalize the firm. However, since the incumbent government lacked a majority in the Parliament, they could not move ahead with the proposal.

Finally, in May 2016, the Narendra Modi government passed the Repealing and Amending Act 2016 and repealed the Act nationalizing BPCL. On 12th September 2017, BPCL declared a Maharatna company. A Maharatna company is a government entity with a high market capitalization and consistently decent profits.

BPCL - Some Important Facts

BPCL operates three refineries in India. They are:

Mumbai Refinery, with a capacity of 13 million metric tonnes every year

Kochi Refinery, with a capacity of 15.5 million metric tonnes every year

Bina Refinery, with a capacity of 7.8 million metric tonnes every year. It was initially known as Oman Refineries Limited (BORL), a joint venture between Oman Company and Bharat Petroleum. Presently, BORL is a BPCL subsidiary.

Numaligarh Refinery, with a capacity of 3 million metric tonnes every year. But, BPCL has sold this refinery to an Oil India Ltd. led consortium.

BPCL's business has seven divisions or Strategic Business Units (SBUs), such as Lubricants, Gas, Retail, Aviation services, Refinery, Industrial & Commercial, and LPG.

BPCL's customer loyalty programs are extremely popular, such as Smartfleet and Petrocard.

BPCL had also set up a 2nd-generation biofuels refinery at Odisha's Bargarh with 100-kilo litre of biofuel per day. The plant uses 2 lakh tonnes of rice straw for producing fuel.

BPCL - Subsidiaries

Here are some of the wholly or jointly-owned subsidiaries of Bharat Petroleum Corporation Limited:

Bharat Petro Resources Limited (BPRL) - 100% subsidiary of BPCL

BPCL - Kial Fuel Firm Private Limited (BKFFPL) - 74% (BPCL) and 26% (Kannur International Airport Limited)

Bharat Gas Resources Limited (BGRL) - a wholly-owned subsidiary

Bharat Oman Refineries Ltd.(BORL) - 63.38% (BPCL) and 36.62% (OQ S.A.O.C)

Petronet LNG Limited (PLL) - Four public sector companies, namely BPCL, IOCL, ONGC and GAIL, hold 12.5% each in PLL

BPCL - Awards Received

Here is a list of the top awards received by BPCL in recent times for its exemplary contribution to the petroleum sector:


2016:
BPCL Annual Report Bags SCOPE Award
Bharat Petroleum Kochi Refinery Wins KSPCB Excellence Award
BPCL bags ABCI Silver for External Publications
BPCL bags prestigious NIPM National Award for Best HR Practices
BPCL Bags Lions CSR Precious Award

2017:
BPCL Stars in SCOPE Corporate Communication Excellence Awards
Bharat Petroleum Sparkles with ABCI Silver Award
BPCL Honored as Project Management Company of the Year
BPCL’s Brand Quiz programme enters INDIA BOOK OF RECORDS
Green Initiatives of BPCL Kochi Refinery win KMA Excellence Awards 2017

2018:
BPCL decorated with Golden Peacock Award 2018 at London
BPCL Brand Quiz Baadshah 2018 named as Largest Corporate Brand Engagement Program in Asia
BPCL Receives the ‘Star PSU’ Award from Business Standard
BPCL LPG Marketing Receives OISD Safety Award for Best Performance
BPCL Internal Audit Wins Award of Excellence

2019:
Corporate Research & Development Centre of BPCL received three Awards during the Project
Evaluation and Recognition Program 2019
Bharat Petroleum receives the prestigious Golden Peacock Award for Sustainability for FY 2018-19
Bharat Petroleum wins the Global CX Summit Exceptional Experience Awards for Best Social Media Strategy to engage with customers

2020:
Bharat Petroleum Bags CII Environmental Project Awards
BPCL Bags Manufacturing Supply Chain Award

Conclusion
From the share price of 19.67 on 1st January 1999 to 379 on 5th April 2022, BPCL has come a long way. Hence, the investors can track the stock.

BPCL FAQs

What is Share Price of Bharat Petroleum Corporation ?

Bharat Petroleum Corporation share price is ₹562 As on 19 March, 2024 | 12:10

What is the Market Cap of Bharat Petroleum Corporation ?

The Market Cap of Bharat Petroleum Corporation is ₹121912 Cr As on 19 March, 2024 | 12:10

What is the P/E ratio of Bharat Petroleum Corporation ?

The P/E ratio of Bharat Petroleum Corporation is 4.2 As on 19 March, 2024 | 12:10

What is the PB ratio of Bharat Petroleum Corporation ?

The PB ratio of Bharat Petroleum Corporation is 2.3 As on 19 March, 2024 | 12:10

Is it good to invest in BPCL?

According to the analyst, Bharat Petroleum Corporation Ltd (BPCL) is a BUY. Bharat Petroleum has a trailing 12-month operating revenue of INR 315,638.82 Cr. Annual revenue de-growth of -19% requires improvement; a pre-tax margin of 10% is adequate, and an ROE of 30% is exceptional. The company's debt to equity ratio is 67%, which is slightly higher. The fact that institutional holdings increased in the most recent quarter is a good sign.

What does BPCL do?

Bharat Petroleum Corporation Ltd (BPCL) is an Indian petroleum company. BPCL operates in a single segment: refinery and marketing activities, which include the downstream petroleum sector. They are also involved in hydrocarbon exploration and production (E&P).

How to buy BPCL shares

You can open a free 5paisa Demat and trading account to buy and sell BPCL shares. The account opening process is quick and seamless. 

What is BPCL's share price target for the long term?

Several brokerage houses expect the stock to cross 550 and sail steadily towards 600 and above. 

What is the future for BPCL shares?

The BPCL stock is expected to touch new heights because of fuel price hikes, a decrease in LPG under-recoveries, and divestment. 
 

Q2FY23