Bharat Petroleum Corporation Limited

Oil, Gas & Consumable Fuels · Petroleum Products

NSE: BPCL BSE: 500547

₹303.20

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Petroleum Products

The largest companies in the same industry by market cap. This company ranks #3 of 18. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Reliance Industries Limited	1,606,312	41.0	8.8%	-13.3%	0.51%	61	45	10
Indian Oil Corporation Limited	190,538	5.0	19.4%	-9.9%	6.11%	56	100	16
Bharat Petroleum Corporation Limited (this stock)	131,543	9.8	25.8%	-10.7%	5.77%	66	97	14
Hindustan Petroleum Corporation Limited	74,548	58.3	27.5%	-19.3%	6.92%	45	49	48
Mangalore Refinery and Petrochemicals Limited	29,670	9.5	13.6%	27.0%	2.36%	49	93	33
Chennai Petroleum Corporation Limited	21,388	5.2	27.9%	89.7%	4.32%	76	94	51
Castrol India Limited	19,834	18.7	50.0%	-0.3%	5.74%	96	33	89
Gulf Oil Lubricants India Limited	5,573	13.9	22.3%	-9.2%	4.53%	80	50	86

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹141,764 Cr

EV / EBITDA

5.2x

EV / Sales

0.26x

Market cap / Sales

0.24x

Earnings yield

10.20%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 160,733 Cr, up 23.3% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	159,479	-5,305	-3,962	₹-9.2700
March 31, 2026	134,896	4,258	3,191	₹7.4700
Dec. 31, 2025	136,623	10,094	7,545	₹17.6600
Sept. 30, 2025	121,571	8,596	6,443	₹15.0800
June 30, 2025	129,578	8,156	6,124	₹14.3300
March 31, 2025	126,865	4,263	3,214	₹7.5200
Dec. 31, 2024	127,520	6,176	4,649	₹10.8800
Sept. 30, 2024	117,952	3,194	2,397	₹5.6100
June 30, 2024	128,103	4,032	3,015	₹7.0600
March 31, 2024	132,085	5,643	4,224	₹19.8000
Dec. 31, 2023	129,976	4,580	3,397	₹15.9500
Sept. 30, 2023	116,594	11,312	8,501	₹39.9200
June 30, 2023	128,257	14,013	10,551	₹49.5500

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	160,733	135,960	137,373	122,762	130,327	127,658	128,349	118,841	128,609	132,554	130,656	117,365	128,749
Operating revenue	159,479	134,896	136,623	121,571	129,578	126,865	127,520	117,952	128,103	132,085	129,976	116,594	128,257
Other income	1,253	1,064	750	1,191	749	793	829	890	506	469	680	771	492
Operating expenses	163,557	124,836	124,946	111,794	119,915	119,100	119,940	113,405	122,453	122,872	123,749	103,686	112,447
Operating profit	-4,077	10,061	11,677	9,777	9,663	7,765	7,580	4,546	5,650	9,213	6,226	12,908	15,810
Operating profit margin	-2.6%	7.5%	8.5%	8.0%	7.5%	6.1%	5.9%	3.9%	4.4%	7.0%	4.8%	11.1%	12.3%
Depreciation	2,066	2,038	1,972	1,952	1,882	1,975	1,804	1,773	1,681	1,717	1,824	1,600	1,609
Interest	415	479	361	421	374	547	429	470	443	524	502	768	679
Exceptional items, gain / (loss)	—	-4,349	—	—	—	-1,774	—	—	—	-1,798	—	—	—
Profit before tax	-5,305	4,258	10,094	8,596	8,156	4,263	6,176	3,194	4,032	5,643	4,580	11,312	14,013
Tax	-1,343	1,066	2,549	2,153	2,033	1,048	1,527	796	1,017	1,419	1,183	2,811	3,462
Net profit	—	3,191	7,545	6,443	6,124	3,214	4,649	2,397	3,015	4,224	3,397	8,501	10,551
EPS	-9.27	7.47	17.66	15.08	14.33	7.52	10.88	5.61	7.06	19.80	15.95	39.92	49.55
Net profit (TTM)	—	23,303	23,326	20,430	16,384	13,275	14,285	13,033	19,137	26,674	28,927	27,489	18,684
EPS (TTM)	30.94	54.54	54.59	47.81	38.34	31.07	43.35	48.42	82.73	125.22	135.84	129.09	87.74

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	522,668	31,104	23,303
March 31, 2025	500,371	17,664	13,275
March 31, 2024	506,911	35,548	26,674
March 31, 2023	533,468	2,217	1,870

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-0.6%	11.4%	526,422^†	503,388^†	509,324^†	535,650^†	435,819^†	306,209^†	330,662^†	340,606^†	280,173^†	244,648^†
Operating revenue	-0.7%	11.6%	522,668	500,371	506,911	533,468	433,406^†	301,865^†	327,581^†	337,495^†	277,156^†	242,048^†
Other income	—	—	3,753^†	3,017^†	2,412^†	2,183^†	2,412^†	4,344^†	3,081^†	3,111^†	3,017^†	2,601^†
Operating expenses	—	—	481,490^†	474,898^†	462,754^†	522,564^†	417,214^†	284,734^†	320,941^†	325,658^†	265,493^†	230,870^†
Operating profit	55.7%	19.2%	41,178^†	25,473^†	44,157^†	10,904^†	16,193^†	17,131^†	6,639^†	11,837^†	11,662^†	11,178^†
Operating profit margin	—	—	7.9%^†	5.1%^†	8.7%^†	2.0%^†	3.7%^†	5.7%^†	2.0%^†	3.5%^†	4.2%^†	4.6%^†
Depreciation	—	—	7,844^†	7,232^†	6,750^†	6,345^†	4,754^†	3,978^†	3,787^†	3,189^†	2,648^†	1,891^†
Interest	—	—	1,634^†	1,888^†	2,473^†	3,216^†	1,860^†	1,328^†	2,182^†	1,319^†	833^†	496^†
Exceptional items, gain / (loss)	—	—	-4,349^†	-1,774^†	-1,798^†	-1,360^†	-77^†	6,449^†	-1,081^†	0^†	0^†	0^†
Profit before tax	141.2%	6.6%	31,104	17,664	35,548	2,217	11,913^†	22,618^†	2,671^†	10,440^†	11,198^†	11,043^†
Tax	—	—	7,801^†	4,389^†	8,875^†	338^†	3,125^†	3,576^†	-12^†	3,308^†	3,279^†	3,003^†
Net profit	131.8%	4.1%	23,303	13,275	26,674	1,870	8,789^†	19,042^†	2,683^†	7,132^†	7,919^†	8,039^†
EPS	84.7%	-10.7%	54.54^†	31.07^†	125.22^†	8.65^†	41.30^†	95.88^†	13.65^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	7.9%^†	5.1%^†	8.7%^†	2.0%^†	3.7%^†	5.7%^†	2.0%^†	3.5%^†	4.2%^†	4.6%^†
EBIT margin	6.3%^†	3.9%^†	7.5%^†	1.0%^†	3.2%^†	7.9%^†	1.5%^†	3.5%^†	4.3%^†	4.8%^†
PBT margin	6.0%	3.5%	7.0%	0.4%	2.7%^†	7.5%^†	0.8%^†	3.1%^†	4.0%^†	4.6%^†
Net margin	4.5%	2.7%	5.3%	0.4%	2.0%^†	6.3%^†	0.8%^†	2.1%^†	2.9%^†	3.3%^†
Interest coverage	20.04x^†	10.35x^†	15.37x^†	1.69x^†	7.40x^†	18.03x^†	2.22x^†	8.92x^†	14.44x^†	23.27x^†
Dividend payout	41.3%^†	49.9%^†	20.0%^†	69.4%^†	79.9%^†	21.9%^†	179.5%^†	—	—	—
Earnings retention	58.7%^†	50.1%^†	80.0%^†	30.6%^†	20.1%^†	78.1%^†	-79.5%^†	—	—	—
Current ratio	0.89x	0.82x	—	—	—	—	—	—	—	—
Quick ratio	0.32x	0.30x	—	—	—	—	—	—	—	—
Debt to equity	0.11x	0.29x	—	—	—	—	—	—	—	—
Return on equity	24.5%	16.4%	—	—	—	—	—	—	—	—
Return on assets	11.3%	7.1%	—	—	—	—	—	—	—	—
Return on capital employed	28.6%^†	19.4%^†	—	—	—	—	—	—	—	—
Asset turnover	2.52x	2.66x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	47,703	-22,455	-25,398	15,954	31,749
March 31, 2025	23,605	-18,796	-4,916	13,342	10,262
March 31, 2024	35,762	-11,661	-25,466	8,837	26,925
March 31, 2023	10,664	-6,397	-3,666	7,444	3,220
March 31, 2022	20,049	-7,167	-18,697	5,015	15,034

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	207,126	95,233	90,960	8,819	1,662	82,709	92,499	260	91,699	53,303
March 31, 2025	187,995	80,960	76,688	21,117	2,161	71,498	86,964	409	86,591	45,263
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.