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BPCL · NSE · Refineries & Marketing

Bharat Petroleum Corporation Ltd

What the numbers mean, from its filings and the exchange. Data as of 13 Oct 2026.
Large Cap · AMFI list Jan-Jun 2026 · Vendor sector: Energy
cheap low confidence No valuation within 120 days; P/E 7.2 vs peers 10.4 (3rd of 10); P/B 1.3 vs peers 1.6 (5th of 10).
Cheap for a reason: Revenue -1.2% a year over 3 years.
Statements through FY2026Prices adjusted for 3 corporate actionsNot yet reviewed by the adversarial model

What is Bharat Petroleum Corporation's share price today?

Bharat Petroleum Corporation last traded at ₹284.00 on the NSE, as of 13 Oct 2026, 11:45 am IST, down 0.2% on the day, down 15.8% over a year. Its 52-week range is ₹267 to ₹392. The live price is in the app.

₹284.00 −0.2% today
−15.8% over 1 year · NSE, as of 13 Oct 2026, 11:45 am IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range14% of the way up
Low ₹267High ₹392

What is Bharat Petroleum Corporation's market cap?

Bharat Petroleum Corporation's market capitalisation is about ₹1.23 lakh crore: what it would cost to buy every share at today's price. That makes it the 78th largest large cap company we cover.

₹1.2 L Cr Large Cap78th largest large cap company
Large Cap means the 100 largest listed companies, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: BPCL
ISIN
INE029A01011
Cap bucket
Large Cap, 78th largest by market cap
Industry (NSE)
Energy › Oil Gas & Consumable Fuels › Petroleum Products › Refineries & Marketing
Listed since
1995
Futures and options
Traded

Is Bharat Petroleum Corporation overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 7.2 vs peers 10.4 (3rd of 10); P/B 1.3 vs peers 1.6 (5th of 10). Cheap for a reason: revenue -1.2% a year over 3 years.

Valuation

Latest price and trailing 12 months
P/E 7.18
vs peers 10.4 · 3rd of 10
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 1.26
vs peers 1.6 · 5th of 10
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹1.23 lakh Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 6.1%
vs peers 3.3% · 2nd of 9
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) Not available
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 0.06
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Bharat Petroleum Corporation a quality business?

Quality score 64.8, 2nd of 10 in its peer set; WATCH on 30 of 30 flags judged.

Quality and risk

Data as of 13 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 64.8
vs peers 51.5 · 2nd of 10
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
30 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 29.9%
vs peers 14.1% · 3rd of 10
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 31.3%
vs peers 14.6% · 2nd of 10
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 3.4%
vs peers 10.0% · 9th of 10
Profit after everything, as a share of revenue. Learn more →
EPS ₹60.49
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Bharat Petroleum Corporation made money for shareholders?

Mixed: −15.8% over one year and +7.0% a year over five years.

Shareholder returns

1-year return −15.8%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +7.0% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−5.3%
1M
−4.7%
3M
−7.5%
6M
−2.9%
1Y
−15.8%
3Y
+20.2%
5Y
+7.0%

Does Bharat Petroleum Corporation pay a dividend?

Yes. Bharat Petroleum Corporation's dividend yield is 6.13% at the latest price; the last payout was ₹10.00 a share, ex-dividend 2 Feb 2026.

Dividends

Per share, by ex-dividend date
Dividend yield6.13%
The past 12 months' dividends as a share of today's price.
2 Feb 2026 · Interim 2₹10.00
7 Nov 2025 · Interim₹7.50
31 Jul 2025 · Final₹5.00
29 Jan 2025 · Interim₹5.00
9 Aug 2024 · Final₹10.50
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Bharat Petroleum Corporation growing?

Revenue 3 years -1.2% a year; profit 3 years 129.8% a year; revenue 5 years 7.3% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years -1.2% a year
vs peers 0.1% · 8th of 10
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 129.8% a year
vs peers 5.6% · 1st of 8
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 7.3% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years 8.0% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 129.5% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years 8.7% a year
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history -21.0%
vs peers -0.7% · 3rd of 9
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Bharat Petroleum Corporation do last quarter?

Bharat Petroleum Corporation reported revenue of ₹1.5 L Cr, up 3.4% on a year earlier and a net profit of ₹-1,873 Cr, up 93.8% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹1.5 L Cr
+3.4% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹-1,873 Cr
+93.8% on a year earlier
What was left for shareholders after every cost and tax.

How does Bharat Petroleum Corporation compare with its peers?

Compared with 9 Oil Gas & Consumable Fuels (the sector, as the industry was too small); 3rd of 10 on P/E; 2nd of 10 on quality score.

Compared with 9 Oil Gas & Consumable Fuels (the sector, as the industry was too small)

9 companies

Bharat Petroleum Corporation against its peers

Largest 9 of 9 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Bharat Petroleum Corporation Ltd₹1.2 L Cr7.21.329.9%31.3%−15.8%
Oil & Natural Gas Corpn Ltd₹2.8 L Cr6.41.110.2%11.4%−9.9%
Coal India Ltd₹2.5 L Cr8.113.484.5%62.5%+6.1%
Indian Oil Corporation Ltd₹1.8 L Cr5.20.919.2%17.2%−19.3%
GAIL (India) Ltd₹1.1 L Cr11.11.29.6%10.1%−7.4%
Oil India Ltd₹71,823 Cr8.61.69.5%10.2%+6.0%
Hindustan Petroleum Corporation Ltd₹70,697 Cr41.51.232.5%22.8%−26.4%
Adani Total Gas Ltd₹61,941 Cr98.011.614.1%14.6%−9.9%
Petronet LNG Ltd₹43,575 Cr10.41.718.7%22.9%+3.3%
Aegis Vopak Terminals Ltd₹31,733 Cr125.53.78.1%6.5%+3.5%
Peer median—10.41.614.1%14.6%−7.6%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Bharat Petroleum Corporation?

Bharat Petroleum Corporation is held by promoters 53.0%, foreign institutions 16.8%, domestic institutions 21.1%.

Shareholding pattern

Latest filing, percent of shares
Promoters53.0%
The founders and controlling group.
Foreign institutions16.8%
Overseas funds investing through the FPI route.
Domestic institutions21.1%
Indian insurers, banks, pension and mutual funds together.
Mutual funds9.6%
Indian mutual fund schemes; part of domestic institutions.
Retail and others5.2%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Bharat Petroleum Corporation?

31 analysts cover Bharat Petroleum Corporation, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

31 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Bharat Petroleum Corporation do and what is it sensitive to?

BPCL is an integrated petroleum company refining and marketing Motor Spirit, diesel, aviation fuel, LPG, CNG, LNG, lubricants and non-fuel services through 23,642 retail outlets and bulk sales channels. Sensitive to: crude oil prices.

Business-model card

FY2025 · 38 verified
2Revenue
3Channels
2Regulators
3Reg. dependencies
5Sensitivities
4Costs
4Geographies

BPCL is an integrated petroleum company refining and marketing Motor Spirit, diesel, aviation fuel, LPG, CNG, LNG, lubricants and non-fuel services through 23,642 retail outlets and bulk sales channels. It earns revenue from retail consumers, government bodies, defense, railways, and power sector customers, plus smaller contributions from exploration and production operations.

Revenue by segment

year ended March 31, 2025
Downstream Petroleum100.0%

Revenue engine

2 verified
Downstream Petroleum - refining and marketing of petroleum products
Sells Motor Spirit, High-Speed Diesel, aviation fuel, lubricants, CNG, LNG, LPG, premium fuels (Speed, Speed 97), EV charging and non-fuel services (BeCafe, Quick Serve Restaurants, ATM facilities) through 23,642 retail outlets and bulk distribution to Defense Forces, Indian Railways, State organizations and power producers
Exploration and Production of crude oil and gas
Generates revenue from production and sale of crude oil and natural gas from licensed blocks; small contributor to total revenue

Customers & channels

3 verified
Retail fuel and services through company-owned outlets
Network of 23,642 automated retail outlets across India serving rural, urban and highway customers with fuel and non-fuel services
Bulk sales to government and industrial customers
Supplies Defense Forces, Indian Railways, State government organizations, State transport undertakings, and power producers with petroleum products
Sales through dealer and distributor network (82.1%)
30,083 dealers and distributors account for 82.10% of total sales volume, extending reach beyond company retail outlets

Regulators

2 verified
Competition Commission of India
Governs competitive conduct in petroleum marketing; initiated suo motu case against PSU OMCs regarding pricing uniformity under Administrative Price Mechanism
Oil fields (Regulation and Development) Act
Regulates upstream exploration and production activities in licensed oil blocks

Regulatory dependencies

3 verified
Government subsidy for LPG consumption
LPG revenue dependent on Government of India subsidy approval and subsidy amounts; subsidy changes directly impact revenue from this segment
PMUY scheme expansion effect on LPG demand
Pradhan Mantri Ujjwala Yojana subsidies shift consumers from traditional cooking fuels to LPG, creating structural demand that benefits LPG revenue
Ethanol blending mandate for petrol
Regulatory requirement to blend increasing ethanol into petrol (20% target by October 2025) reduces conventional petrol sales volume; affects product mix and revenue

Sensitivities

5 verified
Crude oil prices
Company's refining margins and profitability directly sensitive to Brent crude price movements; lower crude prices improve margins, higher prices compress them
Refining margin / Crack spread
Profitability depends on price differential between refined products and crude input; when spread widens, refining margins improve; when it narrows, margins compress
US Dollar / Indian Rupee exchange rate
Company has significant USD exposure from crude oil purchases and international transactions; rupee depreciation increases import costs and reduces profitability
2 more statements
Monsoon rainfall and agricultural outcomes
Economic outlook and consumption patterns influenced by monsoon performance; above-normal monsoon supports rural income and economic growth, benefiting fuel demand
Geopolitical tensions and shipping disruptions
Regional conflicts affect shipping routes and insurance premiums, increasing crude oil procurement costs; shipping delays affect supply reliability

Cost inputs

4 verified
Crude oil procurement
Primary raw material input for refining; crude purchases ₹1,169.71 crore in FY 2024-25; costs subject to global market pricing and geopolitical supply shocks
Petroleum products for resale
Purchased finished petroleum products ₹158,261.43 crore in FY 2024-25 for retail distribution; major cost line driven by market prices
Procurement from MSME and small suppliers (31.8%)
31.80% of eligible procurement from MSEs/small producers in compliance with government policy; maintains supply chain resilience through supplier diversity
1 more statement
Purchases from trading houses
19.94% of total purchases from trading houses (₹85,871.56 crore in FY 2024-25); concentration risk with top 10 trading houses at 86.96% of trading house purchases

Geographies

4 verified
India - domestic retail and bulk market
23,642 retail outlets across 28 States and 8 Union Territories; serves retail consumers, Defense Forces, Railways, State organizations, and power producers
India - domestic revenue base
Domestic revenue ₹494,348.79 crore out of ₹500,517.48 crore total, representing ~98.8% of consolidated revenue
International markets - seven countries (1.2%)
Operates in Nepal, Bhutan, Sri Lanka, Bangladesh, Uganda, UAE, Oman; international exports contribute 1.23% of total turnover (₹6,168.69 crore)
1 more statement
Mozambique upstream assets
Significant non-current asset base (₹13,848.17 crore) invested in Mozambique for exploration and production operations
Each statement is checked word for word against the FY2025 annual report; the passages are in the app.

What changed recently?

Q1 FY2027 results filed (22 Jul 2026).

Change log

8 entries · newest first
  1. Results filedQ1 FY2027 results filed.
  2. Results filedQ4 FY2026 results filed.
  3. Corporate actionInterim Dividend - Rs 10 Per Share.
  4. Results filedQ3 FY2026 results filed.
  5. Corporate actionInterim Dividend - Rs 7.50 Per Share.
  6. Results filedQ2 FY2026 results filed.
  7. Results filedQ1 FY2026 results filed.
  8. Corporate actionDividend - Rs 5 Per Share.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 30 of 30 flags judged; 1 red.
  • Data gapsPEG (vendor), Business quality: not available yet.

What this page rests on

✓10 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓285 months of month-end prices, adjusted for bonuses and splits (3 corporate actions)○no valuation of ours yet✓business-model card FY2025 · 38 verified

Questions people ask

What is Bharat Petroleum Corporation's share price today?

Bharat Petroleum Corporation last traded at ₹284.00 on the NSE, as of 13 Oct 2026, 11:45 am IST, down 0.2% on the day, down 15.8% over a year. Its 52-week range is ₹267 to ₹392. The live price is in the app.

What is Bharat Petroleum Corporation's market cap?

Bharat Petroleum Corporation's market capitalisation is about ₹1.23 lakh crore: what it would cost to buy every share at today's price. That makes it the 78th largest large cap company we cover.

Is Bharat Petroleum Corporation Ltd a large cap, mid cap or small cap?

Bharat Petroleum Corporation Ltd (BPCL) is a large cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Bharat Petroleum Corporation Ltd's P/E ratio?

7.18, vs peers 10.4 · 3rd of 10. Price divided by last year's earnings per share: how many years of today's profit you pay for.

Is Bharat Petroleum Corporation Ltd overvalued?

Cheap, with low confidence: no valuation within 120 days; P/E 7.2 vs peers 10.4 (3rd of 10); P/B 1.3 vs peers 1.6 (5th of 10). Cheap for a reason: revenue -1.2% a year over 3 years.

How does Bharat Petroleum Corporation Ltd make money?

BPCL is an integrated petroleum company refining and marketing Motor Spirit, diesel, aviation fuel, LPG, CNG, LNG, lubricants and non-fuel services through 23,642 retail outlets and bulk sales channels. It earns revenue from retail consumers, government bodies, defense, railways, and power sector customers, plus smaller contributions from exploration and production operations.

Who are Bharat Petroleum Corporation Ltd's peers?

Compared with 9 Oil Gas & Consumable Fuels (the sector, as the industry was too small): Oil & Natural Gas Corpn Ltd, Coal India Ltd, Indian Oil Corporation Ltd, GAIL (India) Ltd, Oil India Ltd and 4 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Bharat Petroleum Corporation do last quarter?

Bharat Petroleum Corporation reported revenue of ₹1.5 L Cr, up 3.4% on a year earlier and a net profit of ₹-1,873 Cr, up 93.8% in the Jun 2026 quarter.

Who owns Bharat Petroleum Corporation?

Bharat Petroleum Corporation is held by promoters 53.0%, foreign institutions 16.8%, domestic institutions 21.1%.

Does Bharat Petroleum Corporation pay a dividend?

Yes. Bharat Petroleum Corporation's dividend yield is 6.13% at the latest price; the last payout was ₹10.00 a share, ex-dividend 2 Feb 2026.

What do analysts say about Bharat Petroleum Corporation?

31 analysts cover Bharat Petroleum Corporation, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

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