Hindustan Petroleum Corporation Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹156.37Overvalued by 58.19%vs CMP ₹374.00

P/E (5.2) × ROE (13.8%) × BV (₹267.00) × DY (2.81%)

₹625.53Undervalued by 67.25%vs CMP ₹374.00
MoS: +40.2% (Strong)Confidence: 54/100 (Moderate)Models: 6 Under, 2 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹181.5826%Over (-51.4%)
Graham NumberEarnings₹659.3219%Under (+76.3%)
DCFCash Flow₹1,235.5412%Under (+230.4%)
Net Asset ValueAssets₹267.728%Over (-28.4%)
EV/EBITDAEnterprise₹553.9910%Under (+48.1%)
Earnings YieldEarnings₹723.608%Under (+93.5%)
ROCE CapitalReturns₹984.3510%Under (+163.2%)
Revenue MultipleRevenue₹1,021.446%Under (+173.1%)
Consensus (8 models)₹625.53100%Undervalued
Key Drivers: Wide model spread (₹182–₹1,236) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 16.1%

*Investments are subject to market risks

Analyst Summary

Hindustan Petroleum Corporation Ltd operates in the Refineries segment, NSE: HINDPETRO | BSE: 500104, current market price is ₹374.00, market cap is 79,474 Cr.. At a glance, stock P/E is 5.16, ROE is 13.8 %, ROCE is 10.5 %, book value is 267, dividend yield is 2.81 %. The latest intrinsic value estimate is ₹625.53, which is about 67.3% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹434,106 Cr versus the prior period change of 0.1%, while latest net profit is about ₹6,736 Cr with a prior-period change of -57.9%. The 52-week range shown on this page is 508/316, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisHindustan Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 05/07/1952 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification…

This summary is generated from the stock page data available for Hindustan Petroleum Corporation Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

61
Hindustan Petroleum Corporation Ltd scores 61/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health43/100 · Moderate
ROCE 10.5% AverageROE 13.8% GoodD/E 1.12 High debtInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money60/100 · Moderate
FII holding up 3.80% (6mo) AccumulatingDII holding down 2.91% MF sellingPromoter holding at 54.9% Stable
Earnings Quality75/100 · Strong
OPM expanding (1% → 5%) ImprovingWorking capital: -35 days (improving) Efficient
Quarterly Momentum70/100 · Strong
Revenue (4Q): -1% YoY FlatProfit (4Q): +155% YoY Strong
Industry Rank60/100 · Moderate
P/E 5.2 vs industry 10.1 Cheaper than peersROCE 10.5% vs industry 16.3% Average3Y sales CAGR: 7% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 25, 2026, 10:47 pm

Market Cap 79,474 Cr.
Current Price 374
Intrinsic Value₹625.53
High / Low 508/316
Stock P/E5.16
Book Value 267
Dividend Yield2.81 %
ROCE10.5 %
ROE13.8 %
Face Value 10.0
PEG Ratio0.32

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Hindustan Petroleum Corporation Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Hindustan Petroleum Corporation Ltd 79,474 Cr. 374 508/3165.16 2672.81 %10.5 %13.8 % 10.0
Mangalore Refinery & Petrochemicals Ltd 32,665 Cr. 186 215/11916.9 80.82.15 %17.7 %14.2 % 10.0
Bharat Petroleum Corporation Ltd 1,33,669 Cr. 308 392/2675.35 2175.68 %16.2 %17.3 % 10.0
Chennai Petroleum Corporation Ltd 15,412 Cr. 1,035 1,103/5855.03 7250.77 %35.6 %32.7 % 10.0
Indian Oil Corporation Ltd 2,02,597 Cr. 143 189/1305.67 1404.88 %7.36 %6.51 % 10.0
Industry Average376,777.83 Cr562.3310.05349.632.78%16.31%15.63%10.00

All Competitor Stocks of Hindustan Petroleum Corporation Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 109,688108,056112,07995,752111,348114,678113,88899,957110,608109,633110,825100,856115,153
Expenses 108,014102,927102,43487,512109,187109,796111,80097,661105,113103,837103,36594,003108,155
Operating Profit 1,6745,1309,6468,2402,1604,8822,0892,2965,4955,7957,4616,8526,998
OPM % 2%5%9%9%2%4%2%2%5%5%7%7%6%
Other Income 5641,3581,2991,040791594933526462923507715727
Interest 693537627590620720733944931757817824734
Depreciation 1,1231,2381,3711,2471,3451,6321,4841,5301,5181,6231,6041,6121,674
Profit before tax 4224,7138,9477,4439863,1248053483,5094,3385,5475,1315,317
Tax % -5%23%24%22%28%13%21%59%28%21%26%25%25%
Net Profit 4443,6086,7665,8277132,7096341432,5443,4154,1113,8594,011
EPS in Rs 2.0916.9631.8027.383.3512.732.980.6711.9516.0519.3218.1418.85

Last Updated: February 5, 2026, 4:38 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 24, 2026, 10:16 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 234,237216,648177,910187,493219,510275,491269,092233,248349,913440,709433,857434,106436,467
Expenses 228,875211,916169,575176,607208,732263,963263,887217,194339,669447,916408,929417,658409,361
Operating Profit 5,3634,7338,33510,88610,77811,5275,20416,05510,244-7,20724,92816,44827,106
OPM % 2%2%5%6%5%4%2%7%3%-2%6%4%6%
Other Income 1,3661,8361,9703,6972,7852,3836792,7313,8973,9573,7252,0722,873
Interest 2,3931,8417236096187861,1399639972,1742,5563,3653,132
Depreciation 3,0112,4972,8462,7762,8343,0853,3703,6254,0004,5605,5966,1546,514
Profit before tax 1,3252,2316,73511,19710,11010,0391,37414,1979,144-9,98420,5009,00020,332
Tax % 19%33%31%26%29%33%-92%25%20%-30%22%25%
Net Profit 1,0801,4894,6758,2367,2186,6912,63910,6637,294-6,98016,0156,73615,397
EPS in Rs 4.736.5620.4536.0331.5829.2711.5448.8334.28-32.8075.2631.6672.36
Dividend Payout % 49%55%25%37%36%36%56%31%27%0%28%33%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)37.87%213.97%76.17%-12.36%-7.30%-60.56%304.05%-31.60%-195.70%329.44%-57.94%
Change in YoY Net Profit Growth (%)0.00%176.10%-137.80%-88.53%5.06%-53.26%364.61%-335.65%-164.10%525.14%-387.38%

Hindustan Petroleum Corporation Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:10%
3 Years:7%
TTM:-1%
Compounded Profit Growth
10 Years:16%
5 Years:15%
3 Years:-2%
TTM:3%
Stock Price CAGR
10 Years:13%
5 Years:24%
3 Years:34%
1 Year:-14%
Return on Equity
10 Years:20%
5 Years:17%
3 Years:13%
Last Year:14%

Last Updated: September 5, 2025, 6:20 am

Balance Sheet

Last Updated: December 4, 2025, 1:22 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 3393393391,0161,5241,5241,5241,4521,4191,4191,4192,1282,128
Reserves 13,66013,58516,32520,05524,00828,87629,45636,62839,98530,84445,50249,01654,761
Borrowings 47,99536,91622,16022,13021,95228,19244,00143,70948,49870,67166,68470,55863,095
Other Liabilities 35,00234,90530,72937,12742,19748,76241,93552,43864,77459,03469,18873,06773,905
Total Liabilities 96,99685,74569,55380,32989,681107,354116,918134,228154,676161,968182,794194,770193,889
Fixed Assets 38,96645,42534,08636,87638,69541,64248,95250,91258,12668,38779,76386,17986,010
CWIP 6,1573,9501,9141,8674,0119,51917,17025,33628,90725,60720,07817,96718,889
Investments 5,6916,1139,18511,77312,88214,29714,39615,09318,86723,68929,54027,04627,233
Other Assets 46,18330,25724,36829,81134,09441,89636,40042,88748,77544,28453,41363,57761,757
Total Assets 96,99685,74569,55380,32989,681107,354116,918134,228154,676161,968182,794194,770193,889

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 7,00719,4106,65110,25411,0378,5545,46917,82915,810-3,46623,85214,228
Cash from Investing Activity + -5,152-5,667-4,272-5,304-7,398-11,382-14,168-12,279-13,745-11,384-13,019-10,557
Cash from Financing Activity + -1,256-14,699-3,674-4,239-4,4232,5988,452-4,709-2,06616,025-16,155-4,138
Net Cash Flow 600-956-1,295712-784-230-247841-11,175-5,322-467
Free Cash Flow 1,24913,0971,8274,4004,334-2,713-8,3256,2223,782-12,64613,9064,809
CFO/OP 138%427%94%114%121%92%138%131%168%46%97%84%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-42.00-32.00-14.00-12.00-11.00-17.00-39.00-27.00-38.00-77.00-42.00-54.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 107889851176810
Inventory Days 422931423530295340253235
Days Payable 252322283025173030202628
Cash Conversion Cycle 271317211512173317111418
Working Capital Days -5-8-9-35-29-25-34-38-29-30-33-35
ROCE %6%7%17%29%24%20%5%19%12%-8%21%11%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%54.90%
FIIs 14.36%13.99%13.26%14.26%13.80%13.22%14.11%14.44%12.55%13.55%14.48%16.35%
DIIs 21.40%22.33%22.60%21.27%22.18%21.47%21.67%21.81%23.55%23.16%22.24%20.64%
Government 0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.01%0.00%0.00%0.00%
Public 9.33%8.77%9.23%9.56%9.10%10.39%9.31%8.82%8.98%8.38%8.37%8.09%
No. of Shareholders 3,85,5623,62,3953,69,8163,48,8054,03,6585,43,3445,23,8825,08,4935,26,7544,95,6294,79,9054,62,640

Shareholding Pattern Chart

No. of Shareholders

Hindustan Petroleum Corporation Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
HDFC Mid Cap Fund 55,530,830 2.57 2371.17N/AN/AN/A
Kotak Midcap Fund 22,265,482 1.61 950.7424,265,4822026-02-23 04:39:10-8.24%
HDFC Balanced Advantage Fund 17,635,176 0.7 753.0215,500,0002026-02-23 04:29:1713.78%
Kotak Large & Midcap Fund 14,000,000 1.99 597.8N/AN/AN/A
SBI Midcap Fund 9,994,510 1.9 426.7710,000,0002026-01-26 06:12:10-0.05%
SBI Large & Midcap Fund 9,331,762 1.06 398.47N/AN/AN/A
Nippon India Growth Mid Cap Fund 8,588,252 0.88 366.72N/AN/AN/A
DSP Mid Cap Fund 7,845,468 1.76 335N/AN/AN/A
Mirae Asset Large & Midcap Fund 7,625,695 0.77 325.628,862,8162026-01-26 07:10:14-13.96%
HSBC Value Fund 7,421,237 2.18 316.89N/AN/AN/A

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 31.66112.89-49.2151.3670.57
Diluted EPS (Rs.) 31.66112.89-49.2151.3670.57
Cash EPS (Rs.) 61.13139.56-34.6169.3297.42
Book Value[Excl.RevalReserv]/Share (Rs.) 240.32330.68227.38291.80262.19
Book Value[Incl.RevalReserv]/Share (Rs.) 240.32330.68227.38291.80262.19
Revenue From Operations / Share (Rs.) 2039.773057.613105.902466.021605.94
PBDIT / Share (Rs.) 87.58189.19-40.4689.39128.39
PBIT / Share (Rs.) 58.66149.75-72.6061.19103.43
PBT / Share (Rs.) 42.85131.73-87.9254.1696.79
Net Profit / Share (Rs.) 32.21100.12-66.7541.1372.46
NP After MI And SOA / Share (Rs.) 31.65112.86-49.1951.4173.42
PBDIT Margin (%) 4.296.18-1.303.627.99
PBIT Margin (%) 2.874.89-2.332.486.44
PBT Margin (%) 2.104.30-2.832.196.02
Net Profit Margin (%) 1.573.27-2.141.664.51
NP After MI And SOA Margin (%) 1.553.69-1.582.084.57
Return on Networth / Equity (%) 13.1634.13-21.6317.6128.00
Return on Capital Employeed (%) 12.6722.05-11.7710.4320.92
Return On Assets (%) 3.458.76-4.324.717.94
Long Term Debt / Equity (X) 0.670.801.490.770.72
Total Debt / Equity (X) 1.301.342.081.091.12
Asset Turnover Ratio (%) 2.302.522.792.461.88
Current Ratio (X) 0.590.610.590.690.70
Quick Ratio (X) 0.200.210.190.190.24
Inventory Turnover Ratio (X) 11.973.983.792.171.72
Dividend Payout Ratio (NP) (%) 0.0013.280.0044.2413.93
Dividend Payout Ratio (CP) (%) 0.009.840.0028.5710.39
Earning Retention Ratio (%) 0.0086.720.0055.7686.07
Cash Earning Retention Ratio (%) 0.0090.160.0071.4389.61
Interest Coverage Ratio (X) 5.5410.50-2.6412.7219.36
Interest Coverage Ratio (Post Tax) (X) 3.046.56-3.366.8511.93
Enterprise Value (Cr.) 142822.56129852.8699976.4082939.9176165.43
EV / Net Operating Revenue (X) 0.320.290.220.230.32
EV / EBITDA (X) 7.664.84-17.416.544.08
MarketCap / Net Operating Revenue (X) 0.170.150.070.100.14
Retention Ratios (%) 0.0086.710.0055.7586.06
Price / BV (X) 1.501.441.040.920.89
Price / Net Operating Revenue (X) 0.170.150.070.100.14
EarningsYield 0.080.23-0.200.190.31

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Hindustan Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 05/07/1952 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L23201MH1952GOI008858 and registration number is 008858. Currently Company is involved in the business activities of Wholesale of solid, liquid and gaseous fuels and related products. Company's Total Operating Revenue is Rs. 433728.14 Cr. and Equity Capital is Rs. 2128.21 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
RefineriesPetroleum House, 17, Jamshedji Tata Road, Mumbai Maharashtra 400020Contact not found
Management
NamePosition Held
Mr. Vikas KaushalChairman & Managing Director
Mr. Amit GargDirector - Marketing
Mr. Rajneesh NarangDirector - Finance & CFO
Mr. S BharathanDirector - Refineries
Mr. Suresh K ShettyDirector - Human Resources
Mr. K S NarendiranIndependent Director
Mr. Bechan LalIndependent Director
Mr. Vivekananda BiswalIndependent Director
Mrs. Sharda Singh KharwarIndependent Director
Mr. Abhay SharmaIndependent Director
Mr. Pankaj KumarGovernment Nominee Director
Mr. Vinod SeshanGovernment Nominee Director

FAQ

What is the intrinsic value of Hindustan Petroleum Corporation Ltd and is it undervalued?

As of 27 April 2026, Hindustan Petroleum Corporation Ltd's intrinsic value is ₹625.53, which is 67.25% higher than the current market price of ₹374.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (13.8 %), book value (₹267), dividend yield (2.81 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Hindustan Petroleum Corporation Ltd?

Hindustan Petroleum Corporation Ltd is trading at ₹374.00 as of 27 April 2026, with a FY2026-2027 high of ₹508 and low of ₹316. The stock is currently in the middle of its 52-week range. Market cap stands at ₹79,474 Cr..

How does Hindustan Petroleum Corporation Ltd's P/E ratio compare to its industry?

Hindustan Petroleum Corporation Ltd has a P/E ratio of 5.16, which is below the industry average of 10.05. This is broadly in line with or below the industry average.

Is Hindustan Petroleum Corporation Ltd financially healthy?

Key indicators for Hindustan Petroleum Corporation Ltd: ROCE of 10.5 % is moderate. Dividend yield is 2.81 %.

Is Hindustan Petroleum Corporation Ltd profitable and how is the profit trend?

Hindustan Petroleum Corporation Ltd reported a net profit of ₹6,736 Cr in Mar 2025 on revenue of ₹434,106 Cr. Compared to ₹7,294 Cr in Mar 2022, the net profit shows a declining trend.

Does Hindustan Petroleum Corporation Ltd pay dividends?

Hindustan Petroleum Corporation Ltd has a dividend yield of 2.81 % at the current price of ₹374.00. This is a relatively attractive yield for income-seeking investors.

Last Updated: April 25, 2026, 10:47 pm
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 500104 | NSE: HINDPETRO
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Hindustan Petroleum Corporation Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE