| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 1,39,114 | 1,10,397 | +26.0% |
| EBITDA | 9,048 | 6,852 | +32.0% |
| EBITDA margin | 6.5% | 6.2% | +0.3 pts |
| Profit before tax | 6,347 | 4,938 | +28.5% |
| Net profit | 3,625 | 3,859 | −6.1% |
| EPS | ₹17.04 | ₹18.14 | −6.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 73,867 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,227 | 3,231 | 3,419 | 5,463 | 5,687 | ||
| 50,899 | 50,899 | 66,429 | 62,813 | 67,048 | ||
| 1,21,540 | — | — | — | — | ||
| 5,32,615 | 4,78,866 | 4,66,724 | 4,61,969 | 4,66,499 | ||
| — | +2.6% | +1.0% | −1.0% | — | ||
| 9,135 | 30,633 | 16,551 | 24,928 | −7,207 | ||
| 1.7% | 6.4% | 3.6% | 5.4% | −1.5% | ||
| 1,222 | 23,285 | 10,397 | 19,331 | −11,767 | ||
| 1,437 | 18,047 | 6,736 | 16,015 | −6,980 | ||
| 0.3% | 3.8% | 1.4% | 3.5% | −1.5% | ||
| ₹6.75 | ₹84.81 | ₹31.66 | ₹75.26 | −₹32.80 | ||
| — | +167.9% | −57.9% | +329.4% | — | ||
| — | 36,111 | 14,228 | 23,852 | −3,466 | ||
| — | −8,331 | −9,579 | −10,071 | −9,447 | ||
| 27,779 | 27,779 | 4,648 | 13,781 | −12,913 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 73,867.3 | |
| - Cash, Equiv & ST Investments | 5,687.4 | 5,462.6 | 3,418.7 | 3,231.1 | 3,226.5 | |
| + Total Debt | 67,048.3 | 62,813.1 | 66,428.9 | 50,898.9 | 50,898.9 | |
| Enterprise Value | — | — | — | — | 1,21,539.6 | |
| Revenue | 4,66,498.6 | 4,61,969.1 | 4,66,723.7 | 4,78,866.0 | 5,32,614.6 | |
| Growth %, YoY | — | -1.0 | +1.0 | +2.6 | — | |
| EBITDA | -7,207.1 | 24,927.8 | 16,551.2 | 30,632.7 | 9,134.5 | |
| Margin % | -1.54 | 5.40 | 3.55 | 6.40 | 1.72 | |
| EBIT | -11,767.2 | 19,331.4 | 10,397.1 | 23,285.2 | 1,222.2 | |
| Net Income | -6,980.2 | 16,014.6 | 6,735.7 | 18,046.9 | 1,437.2 | |
| Margin % | -1.50 | 3.47 | 1.44 | 3.77 | 0.27 | |
| EPS, Adj (current shares) | -32.80 | 75.26 | 31.66 | 84.81 | 6.75 | |
| Growth %, YoY | — | +329.4 | -57.9 | +167.9 | — | |
| Cash from Operations | -3,466.3 | 23,851.9 | 14,227.7 | 36,110.7 | — | |
| Capital Expenditures | -9,446.7 | -10,071.2 | -9,579.3 | -8,331.5 | — | |
| Free Cash Flow | -12,913.0 | 13,780.6 | 4,648.4 | 27,779.2 | 27,779.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Hindustan Petroleum Corporation (NSE: HINDPETRO) had a market capitalisation of ₹72,835 crore at the 29 October 2026 close (₹342.30 a share), a PE ratio of 50.7 on the last four quarters' profit and a price-to-book ratio of 1.38. In FY26 its consolidated net profit was ₹18,047 crore on revenue of ₹4,78,866 crore; in Q2 FY27 (July–September 2026) it was ₹3,625 crore, down 6.1% year on year. Its debt-to-equity ratio was 1.31 on 30 September 2026. Promoters held 54.90% of the shares on 30 September 2026.
HPCL's PE ratio is 50.7 at the 29 October 2026 close (₹342.30 a share): a market capitalisation of ₹72,835 crore divided by consolidated net profit of ₹1,437 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹18,047 crore) it is 4.0.
HPCL's net worth — shareholders' equity in its consolidated balance sheet — was ₹52,688 crore on 30 September 2026, down 7.4% from ₹56,889 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹72,835 crore at the 29 October 2026 close.
HPCL's book value per share was ₹247.62 on 30 September 2026: shareholders' equity of ₹52,688 crore divided by the 212.78 crore shares in issue, down 7.4% from ₹267.36 a year earlier. The share price at the 29 October 2026 close was ₹342.30.
HPCL's price-to-book (PB) ratio is 1.38 at the 29 October 2026 close: a market capitalisation of ₹72,835 crore divided by shareholders' equity (book value) of ₹52,688 crore on 30 September 2026. That is a book value of ₹247.62 per share against a share price of ₹342.30.
In FY26, HPCL's return on equity (ROE) was 30.9% and its return on capital employed (ROCE) was 21.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 13.7% and ROCE 10.7%.
HPCL's dividend yield is 7.08% at the 29 October 2026 close: dividends of ₹24.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹342.30. They were ₹19.25 on 14 August 2026 and ₹5 on 6 November 2025 (interim).
HPCL's market capitalisation was ₹72,835 crore at the 29 October 2026 close: 212.78 crore shares at ₹342.30 each.
HPCL's basic earnings per share (EPS) were ₹84.81 in FY26, against ₹31.66 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹6.75.
In 2026, HPCL has declared one dividend: ₹19.25 with record date 14 August 2026.
No. HPCL had borrowings of ₹68,855 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.31. Its cash and current investments were ₹3,685 crore, so its net debt was ₹65,170 crore.
HPCL's debt-to-equity ratio was 1.31 on 30 September 2026: borrowings of ₹68,855 crore against total equity of ₹52,688 crore. A year earlier, on 30 September 2025, it was 1.03.
Promoters held 54.90% of HPCL on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, HPCL's shares were held by promoters 54.90%, foreign portfolio investors (FII/FPI) 13.07%, domestic institutions (DII) 22.11% (including mutual funds at 17.48%) and retail and other non-institutional investors 9.92%. Over the year, FII holding was down 1.41 percentage points from 14.48% and DII holding was down 0.14 percentage points from 22.25%.
In FY26, HPCL generated ₹36,111 crore of cash from operations and spent ₹8,331 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹27,779 crore. In FY25 it was ₹4,648 crore.
HPCL's latest results are for Q2 FY27 (July–September 2026), filed on 22 October 2026: consolidated net profit ₹3,625 crore, down 6.1% from ₹3,859 crore in Q2 FY26; revenue from operations ₹1,39,114 crore, up 26.0% year on year.
In FY26 (April 2025–March 2026), HPCL's consolidated net profit was ₹18,047 crore, up 167.9% from ₹6,736 crore in FY25, on revenue from operations of ₹4,78,866 crore (up 2.6%).
HPCL has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
From Hindustan Petroleum Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.