Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited (BPCL) is a large-cap Oil Gas & Consumable Fuels company valued at ₹1.28 lakh crore operating in Refineries & Marketing on the NSE and BSE.

Recent price move

Bharat Petroleum Corporation Limited last traded at ₹293.5, modestly down 0.07% on the day.

Recent developments

On 2026-10-14, experts warned that crude oil prices above $100 a barrel could pressure BPCL's margins if fuel prices remain unchanged. On 2026-10-05, BPCL announced plans to raise up to $3 billion through international bonds to fund its Brazil oil project. On 2026-09-21, a U.S. law authorising 100% tariffs on Russian oil buyers was signed, posing a risk to BPCL and other Indian refiners reliant on Russian imports.

Financial performance

BPCL's annual revenue rose 3.4% year-over-year, but the latest quarter saw a sharp drop in net profit, swinging from a profit of ₹6,839 crore to a loss of ₹1,873 crore. The net profit margin expanded significantly to 5.7% from 3.0% a year earlier, driven by improved operational efficiency, while return on equity remained strong at 25.8%.

Valuation multiples

The stock trades at 4.8 times earnings, 1.31 times book value. It yields 5.8%.

Things to watch

The latest quarter reported a net loss of ₹1,873 crore, a sharp contrast to the year-ago profit of ₹6,839 crore. BPCL's stock is 25.1% below its 52-week high, and crude oil prices above $100 a barrel could squeeze margins if fuel prices remain unchanged. The U.S. law authorising 100% tariffs on Russian oil buyers poses a risk to BPCL's supply chain.

Where it stands

BPCL's annual net profit surged 93.8% year-over-year, but the latest quarter ended with a loss, highlighting a recent decline in profitability. The company's debt-to-equity ratio stands at 0.54, and it plans to raise $3 billion through bonds to fund its Brazil oil project. The stock is 25.1% below its 52-week high, and crude oil prices above $100 a barrel could impact margins.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.