About
Bharat Petroleum Corporation Limited engages in refining crude oil and marketing petroleum products in India and internationally. It operates through two segments, Downstream Petroleum; and Exploration and Production of Hydrocarbons. The company operates fuel stations that sell motor spirits, high-speed diesel, blended fuels, compressed and liquefied natural gas, automotive liquefied petroleum gas (LPG), and lubricants; operate convenience stores, restaurants, and electric vehicle charging facilities; and offer ATM, money transfer, insurance, and vehicle care services. It also provides LPG for domestic, commercial, and metal cutting applications under the Bharatgas brand name; automobile lubricants, such as automotive engine and gear oils, greases, and specialties, as well as industrial lubricants under the MAK brand; jet fuel; and aviation services, including transportation, storage, and intoplane services. In addition, the company offers industrial fuels products, white oils, bitumen and specialty bitumen, petcoke, sulphur, solvents, petrochemicals, bunkering, and petrochemical feedstock products; and operates pipelines to transport petroleum products. Further, it exports naphtha and fuel oils; and engages in city gas distribution activities. The company's marketing infrastructure includes a network of installations, depots, retail outlets, aviation fueling stations, and LPG distributors. The company was formerly known as Bharat Refineries Limited and changed its name to Bharat Petroleum Corporation Limited in August 1977. Bharat Petroleum Corporation Limited was incorporated in 1952 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap136,967 Cr
P/E8.84
Div Yield5.54 %
Book Value₹231.00
52w High₹392.00
52w Low₹267.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 151,277.00 | 118,701.00 | 119,029.00 | 104,946.00 | 112,551.00 | 111,230.00 | 113,166.00 | 102,785.00 | 113,095.00 | 116,555.00 | 115,499.00 | 103,044.00 | 112,985.00 |
| Expenses | 155,332.00 | 109,067.00 | 107,343.00 | 95,185.00 | 102,874.00 | 103,494.00 | 105,710.00 | 98,268.00 | 107,468.00 | 107,600.00 | 109,300.00 | 90,104.00 | 97,200.00 |
| Operating Profit | -4,055.00 | 9,634.00 | 11,687.00 | 9,761.00 | 9,678.00 | 7,737.00 | 7,456.00 | 4,517.00 | 5,627.00 | 8,955.00 | 6,199.00 | 12,941.00 | 15,785.00 |
| OPM % | -2.70 | 8.00 | 10.00 | 9.00 | 9.00 | 7.00 | 7.00 | 4.40 | 5.00 | 8.00 | 5.00 | 13.00 | 14.00 |
| Other Income | 3,535.00 | 940.00 | 687.00 | 1,375.00 | 1,840.00 | 1,061.00 | 548.00 | 1,278.00 | 807.00 | 403.00 | 919.00 | 911.00 | 1,003.00 |
| Depreciation | 2,069.00 | 2,031.00 | 1,979.00 | 1,958.00 | 1,889.00 | 1,982.00 | 1,810.00 | 1,779.00 | 1,686.00 | 1,722.00 | 1,830.00 | 1,605.00 | 1,614.00 |
| Interest | 627.00 | 705.00 | 657.00 | 833.00 | 758.00 | 919.00 | 861.00 | 923.00 | 889.00 | 967.00 | 920.00 | 1,190.00 | 1,071.00 |
| Profit before tax | -3,216.00 | 7,838.00 | 9,737.00 | 8,345.00 | 8,872.00 | 5,897.00 | 5,333.00 | 3,094.00 | 3,859.00 | 6,669.00 | 4,367.00 | 11,056.00 | 14,103.00 |
| Tax % | -42.00 | 28.00 | 26.00 | 26.00 | 23.00 | 26.00 | 29.00 | 26.00 | 26.00 | 28.00 | 27.00 | 25.00 | 25.00 |
| Net Profit | -1,873.00 | 5,625.00 | 7,188.00 | 6,191.00 | 6,839.00 | 4,392.00 | 3,806.00 | 2,297.00 | 2,842.00 | 4,790.00 | 3,181.00 | 8,244.00 | 10,644.00 |
| EPS in Rs | -4.32 | 12.96 | 16.57 | 14.27 | 15.76 | 10.12 | 8.77 | 5.29 | 6.55 | 11.04 | 7.33 | 19.00 | 24.53 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 455,228.00 | 440,272.00 | 448,083.00 | 473,187.00 | 346,791.00 | 230,171.00 | 284,572.00 | 298,226.00 | 235,895.00 | 201,251.00 | 187,815.00 | 242,598.00 |
| Expenses | 414,026.00 | 414,870.00 | 404,001.00 | 462,288.00 | 327,654.00 | 209,170.00 | 275,597.00 | 283,113.00 | 220,578.00 | 187,468.00 | 174,844.00 | 232,818.00 |
| Operating Profit | 41,202.00 | 25,401.00 | 44,082.00 | 10,899.00 | 19,137.00 | 21,001.00 | 8,975.00 | 15,112.00 | 15,317.00 | 13,783.00 | 12,971.00 | 9,780.00 |
| OPM % | 9.00 | 6.00 | 10.00 | 2.30 | 6.00 | 9.00 | 3.10 | 5.00 | 6.00 | 7.00 | 7.00 | 4.00 |
| Other Income | 4,399.00 | 3,629.00 | 3,032.00 | 2,554.00 | 4,939.00 | 7,489.00 | 1,393.00 | 2,975.00 | 2,927.00 | 2,721.00 | 1,913.00 | 2,117.00 |
| Interest | 2,953.00 | 3,591.00 | 4,149.00 | 4,263.00 | 2,606.00 | 1,723.00 | 2,637.00 | 1,764.00 | 1,186.00 | 696.00 | 680.00 | 1,180.00 |
| Depreciation | 7,856.00 | 7,257.00 | 6,771.00 | 6,369.00 | 5,434.00 | 4,334.00 | 4,080.00 | 3,418.00 | 2,885.00 | 2,108.00 | 2,072.00 | 3,027.00 |
| Profit before tax | 34,791.00 | 18,182.00 | 36,194.00 | 2,821.00 | 16,037.00 | 22,432.00 | 3,652.00 | 12,905.00 | 14,174.00 | 13,700.00 | 12,132.00 | 7,690.00 |
| Tax % | 26.00 | 27.00 | 26.00 | 24.00 | 27.00 | 23.00 | 0.00 | 34.00 | 31.00 | 31.00 | 33.00 | 34.00 |
| Net Profit | 25,843.00 | 13,337.00 | 26,859.00 | 2,131.00 | 11,682.00 | 17,320.00 | 3,666.00 | 8,528.00 | 9,792.00 | 9,507.00 | 8,089.00 | 5,082.00 |
| EPS in Rs | 59.57 | 30.74 | 61.91 | 4.91 | 26.93 | 37.26 | 7.04 | 17.98 | 20.76 | 20.10 | 18.64 | 11.08 |
| Dividend Payout % | 29.00 | 32.00 | 33.00 | 40.00 | 29.00 | 102.00 | 106.00 | 48.00 | 46.00 | 49.00 | 25.00 | 34.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4,273.00 | 4,273.00 | 2,136.00 | 2,129.00 | 2,129.00 | 2,093.00 | 1,967.00 | 1,967.00 | 1,967.00 | 1,311.00 | 656.00 | 723.00 |
| Reserves | 95,898.00 | 77,112.00 | 73,499.00 | 51,393.00 | 49,776.00 | 51,462.00 | 34,565.00 | 36,798.00 | 34,652.00 | 29,508.00 | 27,138.00 | 21,839.00 |
| Borrowings | 54,424.00 | 61,101.00 | 54,599.00 | 69,376.00 | 64,534.00 | 54,532.00 | 65,476.00 | 44,839.00 | 37,659.00 | 35,725.00 | 23,388.00 | 25,492.00 |
| Other Liabilities | 94,021.00 | 75,898.00 | 72,184.00 | 65,240.00 | 71,089.00 | 52,891.00 | 48,852.00 | 53,322.00 | 46,078.00 | 42,541.00 | 35,241.00 | 38,268.00 |
| Total Liabilities | 248,616.00 | 218,382.00 | 202,418.00 | 188,138.00 | 187,529.00 | 160,978.00 | 150,860.00 | 136,926.00 | 120,356.00 | 109,086.00 | 86,422.00 | 86,322.00 |
| Fixed Assets | 93,624.00 | 88,628.00 | 86,798.00 | 86,675.00 | 83,901.00 | 64,098.00 | 60,175.00 | 49,315.00 | 45,539.00 | 33,684.00 | 25,358.00 | 29,109.00 |
| CWIP | 32,911.00 | 26,387.00 | 20,204.00 | 16,249.00 | 15,433.00 | 17,037.00 | 17,757.00 | 13,654.00 | 9,875.00 | 16,834.00 | 17,459.00 | 15,787.00 |
| Investments | 30,136.00 | 26,531.00 | 26,631.00 | 26,778.00 | 23,616.00 | 26,768.00 | 27,029.00 | 24,907.00 | 23,725.00 | 21,327.00 | 9,401.00 | 7,712.00 |
| Other Assets | 91,945.00 | 76,837.00 | 68,785.00 | 58,436.00 | 64,578.00 | 53,075.00 | 45,900.00 | 49,050.00 | 41,217.00 | 37,241.00 | 34,203.00 | 33,714.00 |
| Total Assets | 248,616.00 | 218,382.00 | 202,418.00 | 188,138.00 | 187,529.00 | 160,978.00 | 150,860.00 | 136,926.00 | 120,356.00 | 109,086.00 | 86,422.00 | 86,322.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 50,769.00 | 23,678.00 | 35,936.00 | 12,466.00 | 20,336.00 | 23,455.00 | 7,881.00 | 10,157.00 | 11,068.00 | 9,041.00 | 11,119.00 | 20,742.00 |
| Cash from Investing Activity | -26,067.00 | -19,180.00 | -10,521.00 | -7,806.00 | -8,138.00 | -2,474.00 | -11,135.00 | -10,451.00 | -7,066.00 | -15,274.00 | -9,233.00 | -10,536.00 |
| Cash from Financing Activity | -24,940.00 | -6,241.00 | -25,427.00 | -4,402.00 | -17,672.00 | -13,981.00 | 3,583.00 | 207.00 | -4,218.00 | 4,804.00 | -1,332.00 | -9,792.00 |
| Net Cash Flow | -238.00 | -1,743.00 | -12.00 | 257.00 | -5,474.00 | 7,000.00 | 329.00 | -87.00 | -215.00 | -1,429.00 | 555.00 | 414.00 |
| Free Cash Flow | 31,476.00 | 8,574.00 | 26,391.00 | 3,960.00 | 12,643.00 | 14,403.00 | -4,289.00 | -344.00 | 3,384.00 | -417.00 | 947.00 | 9,754.00 |
| CFO/OP % | 143.00 | 109.00 | 101.00 | 121.00 | 115.00 | 129.00 | 108.00 | 86.00 | 93.00 | 94.00 | 111.00 | 240.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4.00 | 8.00 | 7.00 | 5.00 | 10.00 | 12.00 | 7.00 | 8.00 | 8.00 | 9.00 | 4.00 | 4.00 |
| Inventory Days | 51.00 | 43.00 | 42.00 | 32.00 | 51.00 | 52.00 | 32.00 | 32.00 | 41.00 | 45.00 | 34.00 | 29.00 |
| Days Payable | 41.00 | 29.00 | 27.00 | 20.00 | 37.00 | 32.00 | 19.00 | 25.00 | 27.00 | 24.00 | 19.00 | 22.00 |
| Cash Conversion Cycle | 14.00 | 22.00 | 21.00 | 17.00 | 24.00 | 33.00 | 20.00 | 16.00 | 21.00 | 30.00 | 19.00 | 12.00 |
| Working Capital Days | -34.00 | -27.00 | -21.00 | -20.00 | -29.00 | -33.00 | -30.00 | -13.00 | -19.00 | -31.00 | -18.00 | -19.00 |
| ROCE % | 26.00 | 16.00 | 32.00 | 7.00 | 16.00 | 18.00 | 9.00 | 18.00 | 21.00 | 24.00 | 25.00 | 17.00 |
Corporate Actions
50 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 02 Feb 2026 | 02 Feb 2026 | — | 10.00 | |
| Dividend | 07 Nov 2025 | 07 Nov 2025 | — | 7.50 | |
| Dividend | 31 Jul 2025 | 31 Jul 2025 | — | 5.00 | |
| Dividend | 29 Jan 2025 | 29 Jan 2025 | — | 5.00 | |
| Dividend | 09 Aug 2024 | 09 Aug 2024 | — | 10.50 | |
| Bonus | 21 Jun 2024 | 22 Jun 2024 | 1:1 | — | |
| Dividend | 12 Dec 2023 | 12 Dec 2023 | — | 21.00 | |
| Dividend | 11 Aug 2023 | 11 Aug 2023 | — | 4.00 | |
| Dividend | 19 Aug 2022 | — | — | 6.00 | |
| Dividend | 10 Feb 2022 | 11 Feb 2022 | — | 5.00 | |
| Dividend | 11 Nov 2021 | 12 Nov 2021 | — | 5.00 | |
| Dividend | 16 Sep 2021 | — | — | 35.00 | NSE/BSE dividend mismatch: BSE/NSE=23.0; BSE/NSE=35.0 |
| Dividend | 16 Sep 2021 | — | — | 23.00 | NSE/BSE dividend mismatch: BSE/NSE=23.0; BSE/NSE=35.0 |
| Dividend | 25 Mar 2021 | 27 Mar 2021 | — | 5.00 | |
| Dividend | 17 Feb 2021 | 19 Feb 2021 | — | 16.00 | |
| Other | 18 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 23 Mar 2020 | 24 Mar 2020 | — | 16.50 | |
| Dividend | 21 Aug 2019 | — | — | 8.00 | |
| Dividend | 21 Feb 2019 | 23 Feb 2019 | — | 11.00 | |
| Other | 21 Feb 2019 | 23 Feb 2019 | — | — | Interim Dividend Rs - 11 Per Share |
| Dividend | 31 Aug 2018 | — | — | 7.00 | |
| Other | 31 Aug 2018 | — | — | — | Annual General Meeting/Dividend Rs- 7 Per Share |
| Dividend | 22 Feb 2018 | 24 Feb 2018 | — | 14.00 | |
| Bonus | 13 Jul 2017 | 15 Jul 2017 | 1:2 | — | |
| Dividend | 08 Jun 2017 | — | — | 1.00 | |
| Dividend | 24 Mar 2017 | 27 Mar 2017 | — | 12.00 | |
| Dividend | 28 Feb 2017 | 01 Mar 2017 | — | 19.50 | NSE/BSE dividend mismatch: NSE=15.5; NSE=4.0; BSE=19.5 |
| Dividend | 28 Feb 2017 | 01 Mar 2017 | — | 4.00 | NSE/BSE dividend mismatch: NSE=15.5; NSE=4.0; BSE=19.5 |
| Dividend | 28 Feb 2017 | 01 Mar 2017 | — | 15.50 | NSE/BSE dividend mismatch: NSE=15.5; NSE=4.0; BSE=19.5 |
| Bonus | 13 Jul 2016 | 14 Jul 2016 | 1:1 | — | |
| Dividend | 06 Jun 2016 | — | — | 15.00 | |
| Dividend | 03 Mar 2016 | 05 Mar 2016 | — | 3.50 | |
| Dividend | 02 Feb 2016 | 03 Feb 2016 | — | 12.50 | |
| Dividend | 28 Aug 2015 | — | — | 22.50 | |
| Dividend | 05 Sep 2014 | — | — | 17.00 | |
| Dividend | 06 Sep 2013 | — | — | 11.00 | |
| Bonus | 13 Jul 2012 | — | 1:1 | — | |
| Dividend | 13 Jul 2012 | — | — | 11.00 | |
| Dividend | 05 Sep 2011 | — | — | 14.00 | |
| Dividend | 08 Sep 2010 | — | — | 14.00 | |
| Dividend | 26 Aug 2009 | — | — | 7.00 | |
| Dividend | 10 Sep 2008 | — | — | 4.00 | |
| Dividend | 04 Sep 2007 | — | — | 10.00 | |
| Dividend | 15 Jan 2007 | 16 Jan 2007 | — | 6.00 | |
| Dividend | 15 Nov 2006 | — | — | 2.50 | |
| Other | 22 Aug 2005 | — | — | — | Agm |
| Dividend | 02 Aug 2001 | — | — | 3.50 | |
| Dividend | 18 Jun 2001 | 02 Jul 2001 | — | 4.00 | |
| Bonus | 20 Dec 2000 | 05 Jan 2001 | 1:1 | — | |
| Dividend | 25 Jul 2000 | — | — | 12.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update3 Aug from care
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Rating update3 Jul from care
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Rating update10 Mar from icra
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Rating update1 Oct 2025 from crisil
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Rating update4 Jul 2025 from care
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Rating update14 Apr 2025 from crisil