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Fundamentals for Hindustan Petroleum Corporation Limited
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Fundamentals for Hindustan Petroleum Corporation Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Hindustan Petroleum Corporation Limited, together with its subsidiaries, engages in the refining and marketing of petroleum products in India and internationally. It operates through Downstream Petroleum and All Other segments. The company provides light distillates, including motor spirits, naphtha, hexane, propylene, and solvents, as well as domestic, industrial, and commercial liquefied petroleum gas (LPG); and middle distillates comprising high speed diesel, superior kerosene oil (SKO), light diesel oil (LDO), aviation turbine fuels, mineral turpentine oil, jute batch oil, and lube and turbine oil base stocks. It also offers heavy distillates, such as bitumen, furnace oil, and low sulphur heavy stock; and compressed natural gas (CNG), liquefied natural gas (LNG), lubricants, greases, bulk fuels, jet and marine fuel, biofuel blended fuels, and petrochemicals. In addition, the company is involved in the exploration and production of oil and gas; operation of automobile refueling and electric vehicle (EV) charging stations; generation of electricity through wind and solar plants; provision of management services for exploration and production blocks; and operation of sugar ethanol-cogen plants. As of March 31, 2024, it operated through a marketing network of 22,022 retail outlets; 6,349 LPG distributors; 1,690 CNG facilities; 5 lube blending plants; 1,638 SKO/LDO dealerships; 474 lube distributors; 145 regional offices; 78 terminals/TOPs and depots; 56 LPG bottling plants; 2 LPG import locations; 55 aviation service facilities; 817 door delivery dispensers; 36 exclusive lube depots; 17 product pipelines; and 3,603 EV charging facilities at retail outlets. The company was founded in 1910 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited operates as a subsidiary of Oil and Natural Gas Corporation Limited.
Revenue projections:
The projected decline in Hindustan Petroleum Corporation Limited's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 6.303507 |
| debtToEquity | 110.909000 |
| earningsGrowth | 0.577000 |
| revenueGrowth | 0.041000 |
| grossMargins | 0.107380 |
| operatingMargins | 0.046440 |
| trailingEps | 72.360000 |
| forwardEps | 59.435170 |
Hindustan Petroleum Corporation Limited's high debt-to-equity ratio indicates a strong reliance on debt, meaning the company is heavily leveraged. This could increase financial risks if cash flow or earnings decline, making it more difficult for Hindustan Petroleum Corporation Limited to manage its debt obligations.
With HINDPETRO's forward EPS lower than its trailing EPS, the company is expected to experience a drop in profitability. This suggests a potential slowdown in financial performance compared to the previous year.
Price projections:
HINDPETRO's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
With analysts showing a buy bias for HINDPETRO, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning HINDPETRO as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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