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| 29 September, 2021, 08:12 AM IST | E-Paper
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Bharat Petroleum Corporation - Share Price, Stock Analysis & Recos

  • 429.609.00 (2.14%)
  • Volume: 91,33,471
  • Closed
  • Last Updated On: 28 Sep, 2021, 03:59 PM IST
OPEN TRADING A/C
STOCK SCORE
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  • Overview
  • News
  • Analysis
  • Recos
  • Financials
  • Forecast
  • Technicals
  • Peers
  • Shareholdings
  • MF
  • F&O
  • Corp Actions
  • About

Insights

View All
  • The gross refining margins have a scope to see an improvement, after the ongoing up gradation and expansion at different refineries gets completed.

  • The Propylene Derivative Petrochemical Project (PDPP) at Kochi Refinery for manufacturing niche petrochemicals is completed and will start commercial production soon. Production of Polyols and related products should help in improving margins.

  • BPCL has added 1,447 outlets in FY-20 to its vast network located across rural and urban areas, taking the number to 16,234. Its throughput per outlet is highest among PSU oil companies, though there is still scope for improvement through rationalisation of outlets

  • Company delivered ROE of 30.18% in year ending Mar 31, 2021 outperforming its 5 year avg. of 22.8%. (Source: Consolidated Financials)

InsightsBharat Petroleum Corporation Ltd.

  • Improvement in GRM

    The gross refining margins have a scope to see an improvement, after the ongoing up gradation and expansion at different refineries gets completed.

  • Expanding petrochem portfolio

    The Propylene Derivative Petrochemical Project (PDPP) at Kochi Refinery for manufacturing niche petrochemicals is completed and will start commercial production soon. Production of Polyols and related products should help in improving margins.

  • Large distribution network

    BPCL has added 1,447 outlets in FY-20 to its vast network located across rural and urban areas, taking the number to 16,234. Its throughput per outlet is highest among PSU oil companies, though there is still scope for improvement through rationalisation of outlets

  • ROE Outperforming 5 Year Average

    Company delivered ROE of 30.18% in year ending Mar 31, 2021 outperforming its 5 year avg. of 22.8%. (Source: Consolidated Financials)

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Key Metrics

  • PE Ratio

    PE Ratio

    This is a ratio arrived at by dividing the current market price of a stock by its latest (annual or annualized) earnings per share. Here we have taken the TTM (trailing twelve months) adjusted earnings per share.

    (x)
    5.48
  • EPS - TTM

    EPS - TTM

    Earnings per share (TTM) tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters.

    (₹)
    78.38
  • MCap

    MCap

    MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

    (₹ Cr.)
    93,191.10
  • Sectoral MCap Rank

    Sectoral MCap Rank

    This is the ranking of a company within its sector based on MCap or Market capitalization. Higher the market capitalization of a company, higher the rank it is assigned.

    4
  • PB Ratio

    PB Ratio

    Price to Book represents the ratio of current market price of a stock to its book value per share. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

    (x)
    2.36
  • Div Yield

    Dividend Yield

    Dividend Yield calculates the amount of full year dividend declared by a company as a percentage of the current market price of a stock. All other things being equal, higher the dividend yield of the stock, the better it is for investors.

    (%)
    5.04
  • Face Value

    Face Value

    Face value of a stock is the value ascribed to the stock as per the balance sheet of the company. The dividend declared by a company is usually declared as a percentage of face value.

    (₹)
    10.00
  • Beta

    Beta

    1 Month1.64
    3 Months1.48
    6 Months1.54
    1 Year1.57
    3 Years1.22

    1.64
  • VWAP

    VWAP

    Volume Weighted Average Price represents the average price of a security over a particular time period (example one trading day) weighted by the volume traded at each price point.

    (₹)
    427.83
  • 52W H/L

    52W H/L

    This represents the 52 week high and low price of the security. It is also the 1 year high and low of the security. This represents the highest and lowest price touched by the security during the past 52 weeks or 1 year including today.

    (₹)
    503.00 / 325.00

Returns

  • 1 Day2.14%
  • 1 Week3.82%
  • 1 Month-8.85%
  • 3 Months-8.04%
  • 1 Year11.54%
  • 3 Years14.82%
  • 5 Years4.56%

BPCL Stock Analysis

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Recommendations

Recent Recos

BUY

Current

Mean Recos by 33 Analysts

Strong
Sell
SellHoldBuyStrong
Buy
  • Target₹535
  • OrganizationEmkay Global Financial Services
  • BUY
  • Target₹544
  • OrganizationICICI Securities
  • BUY

Analyst Trends

RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
Strong Buy14141515
Buy17171718
Hold2221
Sell----
Strong Sell----
# Analysts33333434

Financials

  • Income (P&L)

  • Balance Sheet

  • Cash Flow

  • Ratios

  • MD&A

  • Insights

    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 2.11% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)
    Quarterly | AnnualJun 2021Mar 2021Dec 2020Sep 2020Jun 2020
    Total Income71,365.4477,356.6466,809.4749,713.3238,536.24
    Total Income Growth (%)-7.7415.7934.3929.00-44.47
    Total Expenses67,672.3365,427.0362,178.7445,516.7934,812.15
    Total Expenses Growth (%)3.435.2236.6130.75-51.60
    EBIT3,693.1111,929.614,630.734,196.533,724.09
    EBIT Growth (%)-69.04157.6210.3512.69-
    Profit after Tax (PAT)2,872.7710,301.311,565.232,263.052,035.39
    PAT Growth (%)-72.11558.13-30.8411.19-
    EBIT Margin (%)5.1715.426.938.449.66
    Net Profit Margin (%)4.0313.322.344.555.28
    Basic EPS (₹)13.5451.577.9611.5110.35
    Quarterly | AnnualJun 2021Mar 2021Dec 2020Sep 2020Jun 2020
    Total Income71,373.0078,546.3368,245.9450,718.9439,378.36
    Total Income Growth (%)-9.1315.0934.5628.80-43.86
    Total Expenses68,890.1865,831.2863,838.7347,408.5535,865.07
    Total Expenses Growth (%)4.653.1234.6632.19-49.94
    EBIT2,482.8212,715.054,407.213,310.393,513.29
    EBIT Growth (%)-80.47188.5133.13-5.78-
    Profit after Tax (PAT)1,501.6511,940.132,777.622,247.752,076.17
    PAT Growth (%)-87.42329.8723.578.26-
    EBIT Margin (%)3.4816.196.466.538.92
    Net Profit Margin (%)2.1015.204.074.435.27
    Basic EPS (₹)7.0859.7714.1211.4310.56
    Quarterly | Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Revenue2,32,415.672,86,501.233,00,263.132,37,569.512,03,065.23
    Total Revenue Growth (%)-18.88-4.5826.3916.997.21
    Total Expenses2,14,923.882,82,939.982,88,295.082,24,684.871,90,309.01
    Total Expenses Growth (%)-24.04-1.8628.3118.067.14
    Profit after Tax (PAT)16,164.983,055.367,802.309,008.638,720.94
    PAT Growth (%)429.07-60.84-13.393.3014.98
    Operating Profit Margin (%)8.342.174.605.966.68
    Net Profit Margin (%)7.021.072.613.814.33
    Basic EPS (₹)81.8715.5339.6745.8044.34
    Quarterly | Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Revenue2,36,889.572,87,464.263,00,258.652,39,332.512,04,811.25
    Total Revenue Growth (%)-17.59-4.2625.4616.867.05
    Total Expenses2,20,720.902,83,712.392,89,819.032,28,046.541,93,768.46
    Total Expenses Growth (%)-22.20-2.1127.0917.697.25
    Profit after Tax (PAT)19,041.672,683.197,132.027,976.308,039.30
    PAT Growth (%)609.67-62.38-10.58-0.788.17
    Operating Profit Margin (%)7.522.083.955.125.70
    Net Profit Margin (%)8.180.942.393.373.97
    Basic EPS (₹)96.4413.6436.2640.5540.87

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Assets1,60,992.031,50,863.561,36,930.381,20,356.061,09,086.26
    Total Assets Growth (%)6.7110.1813.7710.3326.23
    Total Liabilities1,07,436.951,12,274.8996,095.6281,832.4076,308.32
    Total Liabilities Growth (%)-4.3116.8417.437.2433.99
    Total Equity53,555.0838,588.6740,834.7638,523.6632,777.94
    Total Equity Growth (%)38.78-5.506.0017.5311.22
    Current Ratio (x)0.910.720.920.890.80
    Total Debt to Equity (x)0.891.691.111.011.02
    Contingent Liabilities0.0015,222.5922,413.2019,878.6827,782.95
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Total Assets1,40,604.491,26,468.981,15,627.251,00,131.1791,989.63
    Total Assets Growth (%)11.189.3815.488.8521.06
    Total Liabilities86,059.9493,254.6078,889.5765,999.6862,321.25
    Total Liabilities Growth (%)-7.7218.2119.535.9027.63
    Total Equity54,544.5533,214.3836,737.6834,131.4929,668.38
    Total Equity Growth (%)64.22-9.597.6415.049.24
    Current Ratio (x)0.930.700.990.830.79
    Total Debt to Equity (x)0.531.320.740.670.71
    Contingent Liabilities0.0010,828.2219,102.4917,372.0713,775.02

    All figures in Rs Cr, unless mentioned otherwise

  • Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Net Cash flow from Operating Activities0.007,973.4610,157.1511,068.379,041.11
    Net Cash used in Investing Activities0.00-11,227.56-10,451.17-7,065.51-15,273.94
    Net Cash flow from Financing Activities0.003,583.21207.04-4,217.734,803.96
    Net Cash Flow0.00329.11-86.98-214.87-1,428.87
    Closing Cash & Cash Equivalent0.00528.96199.85286.83607.94
    Closing Cash & Cash Equivalent Growth (%)-100.00164.68-30.32-52.82-70.15
    Total Debt/ CFO (x)-7.734.233.343.48
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Net Cash flow from Operating Activities0.006,357.757,644.859,009.257,896.93
    Net Cash used in Investing Activities0.00-9,263.97-7,536.58-4,740.88-10,129.68
    Net Cash flow from Financing Activities0.002,940.22-87.49-4,422.92566.56
    Net Cash Flow0.0034.0020.78-154.55-1,666.19
    Closing Cash & Cash Equivalent0.00-98.63-132.63-153.4154.35
    Closing Cash & Cash Equivalent Growth (%)-100.00-25.64-13.55-382.26-96.84
    Total Debt/ CFO (x)-6.923.562.542.66

    All figures in Rs Cr, unless mentioned otherwise

  • Insights

    • ROE Outperforming 5 Year Average

      Company delivered ROE of 30.18% in year ending Mar 31, 2021 outperforming its 5 year avg. of 22.8%. (Source: Consolidated Financials)
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Return on Equity (%)30.188.3620.1224.6028.29
    Return on Capital Employed (%)18.466.8316.3818.8721.77
    Return on Assets (%)10.042.025.697.487.99
    Interest Coverage Ratio (x)11.152.357.7811.8719.32
    Asset Turnover Ratio (x)142.96188.62217.79195.99184.48
    Price to Earnings (x)5.5420.3710.009.359.77
    Price to Book (x)1.671.702.012.302.76
    EV/EBITDA (x)5.4812.137.137.187.50
    EBITDA Margin (%)10.233.615.757.187.73
    Annual FY 2021 FY 2020 FY 2019 FY 2018 FY 2017
    Return on Equity (%)34.918.0719.4123.3627.09
    Return on Capital Employed (%)20.378.7917.1921.8723.79
    Return on Assets (%)13.542.126.167.968.73
    Interest Coverage Ratio (x)13.172.728.9214.5423.27
    Asset Turnover Ratio (x)165.38224.86257.09236.11219.81
    Price to Earnings (x)4.7123.2010.9410.5610.59
    Price to Book (x)1.641.872.122.472.87
    EV/EBITDA (x)5.1910.917.037.237.90
    EBITDA Margin (%)9.233.415.026.246.64
  • MANAGEMENT DISCUSSION AND ANALYSIS (FY 19-20)

    • Covid blues or structural changes

      During the first quarter of 2020 itself, global energy demand declined by a shocking 3.8% and CO2 emission levels lowered by an unprecedented 5%. Moving ahead, the energy demand and emission levels are likely to remain subdued for a longer period of time as the pandemic situation evolves and economic activity normalizes; however, some structural changes are imminent with the world realizing the power of climatic catastrophes and digitalization emerging as a powerful enabler and even a substitute.

    • Lubricant market matrix

      The Indian lubricant market is the world?s third largest growing market. As per Petroleum Planning and Analysis Cell (PPAC)?s report, India consumed 3,640 TMT of lubricants in the year 2019-20 and it is expected to grow by 2.8% in the year 2020-21. The industry is made up of over 30 players, thus making the lubricant industry highly competitive.

    • LPG- expansion of network is priority

      The LPG Strategic Business Unit (SBU) registered sale of 6.87 MMT with a growth of 5.8% and growth of 0.02% in market share in the LPG Domestic segment in the year 2019-20. LPG has an overall market share of 26.28% amongst major OMCs. Network expansion has been a priority for providing accessibility of LPG to all households in the country, especially in rural areas. The LPG SBU added 214 distributors during the year, thereby taking the total distributor network to 6,110.

Financial InsightsBharat Petroleum Corporation Ltd.

  • Income (P&L)
  • Ratios
    • Employee & Interest Expense

      Company has spent less than 1% of its operating revenues towards interest expenses and 2.11% towards employee cost in the year ending Mar 31, 2021. (Source: Consolidated Financials)

    • ROE Outperforming 5 Year Average

      Company delivered ROE of 30.18% in year ending Mar 31, 2021 outperforming its 5 year avg. of 22.8%. (Source: Consolidated Financials)

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Forecast

  • PRICE

  • REVENUE

  • EARNINGS

  • Get multiple analysts’ prediction on BPCL

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    • Details about company earnings
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    • Details about company earnings
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Technicals

  • Buy / Sell Signals

  • Price Analysis

  • Pivot Levels & ATR

  • Chart

  • Bullish / Bearish signals for Bharat Petroleum Corporation Ltd. basis selected technical indicators and moving average crossovers.

    5 Day EMA Crossover

    Bullish signal on daily chart

    Appeared on: 28 Sep 2021

    5D EMA: 424.72

    Last 4 Buy Signals:8 Sep 2021
    Date7 days Gain/Loss %
    8 Sep 20212.75%
    24 Aug 20214.26%
    13 Aug 20213.26%
    2 Aug 20211.57%

    Average price gain of 3.24% within 7 days of Bullish signal in last 5 years

    Heikin-Ashi Changeover

    Bullish indication on daily chart

    • Prev. Close Price

      426.79

    • LTP

      429.60

    Formed on:28 Sep 2021

    On daily price chart, Heikin-Ashi candle changed from Red to Green

  • 45%
    Positive Movement since
    1st Jan 2005 on basis
    54%
    Negative Movement since
    1st Jan 2005 on basis
    Exclude
  • Pivot Levels

    R1R2R3PIVOTS1S2S3
    Classic432.23434.87442.12427.62424.98420.37413.12

    Average True Range

    5 DAYS14 DAYS28 DAYS
    ATR11.0111.1610.47

Peer Comparison

  • Stock Performance

  • Ratio Performance

  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 14.82% as compared to Nifty 100 which gave a return of 61.71%. (as of last trading session)
    • Stock Returns vs Nifty Energy

      Stock generated 14.82% return as compared to Nifty Energy which gave investors 38.37% return over 3 year time period. (as of last trading session)
    • 1D
    • 1W
    • 1M
    • 3M
    • 6M
    • 1Y
    • 5Y
  • Insights

    • Stock Returns vs Nifty 100

      Stock gave a 3 year return of 14.82% as compared to Nifty 100 which gave a return of 61.71%. (as of last trading session)
    • Stock Returns vs Nifty Energy

      Stock generated 14.82% return as compared to Nifty Energy which gave investors 38.37% return over 3 year time period. (as of last trading session)

    Ratio Performance

    NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
    BPCL5.482.4130.1818.4610.0412.038.347.6681.870.910.897.73
    Indian Oil Corp.4.541.0319.3417.196.09-4.689.105.6523.570.720.972.18
    HPCL3.971.0928.0020.927.942.176.444.5170.570.711.122.39
    Add More
    Annual Ratios (%)

    Choose from Peers

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      Peers InsightsBharat Petroleum Corporation Ltd.

      • Stock Returns vs Nifty 100

        Stock gave a 3 year return of 14.82% as compared to Nifty 100 which gave a return of 61.71%. (as of last trading session)

      • Stock Returns vs Nifty Energy

        Stock generated 14.82% return as compared to Nifty Energy which gave investors 38.37% return over 3 year time period. (as of last trading session)

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      Shareholding Pattern

      • QOQ Change

      • Total Shareholdings

      • Showing Shareholding as on 30 Jun 2021
        Category30 Jun 202131 Mar 202131 Dec 202030 Sep 2020
        Promoters52.9852.9852.9852.98
        Pledge0.000.000.000.00
        FII12.6312.4211.5611.98
        DII22.3523.3120.0620.56
        Mutual Funds15.4416.3813.2613.76
        Others12.0411.2915.4014.48
      • Showing Shareholding as on 30 Jun 2021
        CategoryNo. of SharesPercentage% Change QoQ
        Promoters1,14,91,83,59252.98 %0.00
        Pledge00.00 %0.00
        FII27,39,30,00612.63 %0.21
        DII48,49,87,42622.35 %-0.96
        MF33,49,65,48115.44 %-0.94
        Others26,11,51,72012.04 %0.75

      MF Ownership

      MF Ownership as on 31 August 2021

      F&O Quote

      • Futures

      • Options

        • Expiry

        Price

        430.208.85 (2.10%)

        Open Interest

        1,45,92,600-7,788,600 (-53.37%)

        OpenHighLowPrev CloseContracts TradedTurnover (₹ Lakhs)
        423.55430.95423.10421.358,72767,310.20

        Open Interest as of 28 Sep 2021

      Corporate Actions

      • Board Meeting/AGM

      • Dividends

      • Others
      • Meeting DateAnnounced onPurposeDetails
        Sep 27, 2021Aug 12, 2021AGMBook closure from Sep 18, 2021 to Sep 27, 2021
        Aug 12, 2021Aug 05, 2021Board MeetingQuarterly Results
        May 26, 2021May 20, 2021Board MeetingAudited Results & Final Dividend
        Mar 25, 2021Mar 02, 2021EGM-
        Mar 16, 2021Mar 10, 2021Board MeetingSecond Interim Dividend
      • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
        Special350%35.0Sep 16, 2021May 27, 2021
        Final230%23.0Sep 16, 2021May 26, 2021
        Interim50%5.0Mar 25, 2021Mar 16, 2021
        Interim160%16.0Feb 17, 2021Feb 08, 2021
        Interim165%16.5Mar 23, 2020Mar 12, 2020
      • All TypesEx-DateRecord DateAnnounced onDetails
        BonusJul 13, 2017Jul 15, 2017May 30, 2017Bonus Ratio: 1 share(s) for every 2 shares held
        BonusJul 13, 2016Jul 14, 2016May 26, 2016Bonus Ratio: 1 share(s) for every 1 shares held
        BonusJul 13, 2012-May 25, 2012Bonus Ratio: 1 share(s) for every 1 shares held
        BonusDec 18, 2000Jan 05, 2001Sep 28, 2000Bonus Ratio: 1 share(s) for every 1 shares held
        BonusOct 14, 1994Nov 16, 1994Sep 02, 1994Bonus Ratio: 2 share(s) for every 1 shares held

      About BPCL

      Bharat Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 93,191.10 Crore) operating in Gas & Petroleum sector. Bharat Petroleum Corporation Ltd. key Products/Revenue Segments include Petroleum Products, Oil Crude, Other Operating Revenue, Subsidy for the year ending 31-Mar-2020. Show More

      • Executives

      • Auditors

      • KP

        K Padmakar

        Chairman & Managing Director
        KE

        K Ellangovan

        Government Nominee Director
        RA

        Rajesh Aggarwal

        Government Nominee Director
        HP

        Harshadkumar P Shah

        Independent Director
        AK

        Arun Kumar Singh

        Director - Marketing
        NV

        N Vijayagopal

        Director - Finance
        Show More
      • CVK & Associates
        Borkar & Muzumdar

      Key Indices Listed on

      Nifty 50, Nifty 100, Nifty 200, + 35 more

      Address

      Bharat Bhavan,P. B. No. 688,4 & 6 Currimbhoy Road,Mumbai, Maharashtra - 400001

      BPCL Share Price Update

      Bharat Petroleum Corporation Ltd. share price moved up by 2.14% from its previous close of Rs 420.60. Bharat Petroleum Corporation Ltd. stock last traded price is 429.60

      Share PriceValue
      Today/Current/Last429.60
      Previous Day420.60

      Trending in Markets

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