About HPCL
HPCL (Hindustan Petroleum Corporation Limited) is an Indian state-owned oil and natural gas company headquartered in Mumbai, Maharashtra. It is a Fortune 500 company and is ranked 357th on the list. The company operates two major refineries, one in Mumbai and the other in Visakhapatnam, and has a strong marketing network in India. It is involved in the exploration, production, refining, and marketing of petroleum products.
Hindustan petroleum corporation Ltd was incorporated in the year 1952.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian state-owned oil and natural gas company. Its products and services include:
- Refined petroleum products such as gasoline, diesel, kerosene, LPG, and lubricants
- Bitumen and asphalt
- Industrial and specialty gases
- Aviation fuel
- Lube blending
- Retail fuel stations
- LPG distribution
- Petrochemical products
- Research and development in the fields of hydrocarbons, alternate energy, and environmental conservation.
- HPCL also operates refineries and pipelines and has a presence in the exploration and production of hydrocarbons.
Fundamentals of (HPCL Hindustan Petroleum Corporation Ltd).
Market Cap 35,421.15 Cr,
PE Ratio 5.99
ROE 17.05%
ROCE 11.61%
P/B Ratio 1.47
Debt to Equity 1.12
Dividend Yield 5.61%
Revenue of HPCL
| December 2021 | 1,03,422.37 |
|---|---|
| March 2022 | 1,05,288.48 |
| June 2022 | 1,21,448.81 |
| September 2022 | 1,14,172.25 |
Operating profit of HPCL
| December 2021 | 2,421.12 |
|---|---|
| March 2022 | 3,695.5 |
| June 2022 | -12,154.85 |
| September 2022 | 1,217.36 |
Net profit of HPCL
| December 2021 | 868.86 |
|---|---|
| March 2022 | 1,795.26 |
| June 2022 | -10,196.94 |
| September 2022 | -2,172.14 |
HPCL Profitability Ratio
| OP profit margin | 3.49% |
|---|---|
| Net profit margin | 1.69% |
| ROA | 4.54% |
| Reported EPS | 44.99 |
HPCL Operational Ratios
| Quick Ratio | 0.20 |
|---|---|
| Current Ratio | 0.70 |
| Asset turnover | 2.68 |
| Interest coverage | 9.43 |
HPCL Valuation Ratios
| EV/ EBITA | 6.18 |
The price target of HPCL for the year 2023.
The current market price of HPCL is 251.45 in Jan 2023. As we know the heavy demand for fuel in India that’s why we are bullish on HPCL (Hindustan petroleum corporation Ltd). We predict that HPCL will touch the price target of 350 INR in 2023.
The price target of HPCL for the year 2024.
As per the data, our prime minister of India announced that Disinvestment will be done in HPCL if the government allows disinvestment that time the share price will shoot up that’s why we predict that HPCL’s share
The price will touch 500 INR in 2024.
The price target of HPCL for the year 2025.
We can see that India has decided to reduce its dependency on the import of crude oil from other countries so, we think that HPCL’s share price will go up to 650 INR in 2025.
The price target of HPCL for the year 2026.
The year 2026 will be the golden year for HPCL because of Indian government will invest in HPCL a may provide concessions in taxes so the turnover and profit of HPCL will be increased so, we predict that HPCL will touch 750 INR in 2026.
The price target of HPCL for the year 2027.
At the end of 2027, HPCL will create its dominance in all over India. They might be expanding their plant capacity in India and after expanding the capacity that time company’s sales and profit will grow so, we predict that HPCL’s share price will touch 900 INR in 2027.
The price target of HPCL for the year 2028.
We see that Electronic vehicles presence in India is rapidly increasing that’s why HPCL’s share price might be struggling but the company has the potential to touch a new high that’s why we predict that HPCL’s share price will touch 1000 INR in 2028.
The price target of HPCL for the year 2029.
This year will be the most important year for the HCL because of competition in the fuel industry and crude prices may be increased in 2029. But the company will surpass the all hurdles and touch a new price high in 2029 that’s why we predict that HPCL’s share price will touch 1100 INR in 2029.
The price target of HPCL for the year 2030.
It is quite difficult to predict the price of HPCL in 2030 but the data shows that HPCL has the potential to reach at new high of 1250 INR in 2030.
FAQ (Frequently asked questions)
Who is the MD and CEO of HPCL?
Pushp Kumar Joshi is the MD and CEO of HPCL.
Is HPCL a private company?
No, HPCL is a state own company oil and natural gas company.
Is HPCL a loss?
Yes, now HPCL has faced a loss of 10,196.94 in 2022.
Hi, I’m Damini majumder. I’m the author and writer of this blog and share all the information related to Cryptocurrency, Finance, Market forecast, Stock forecast, US and Indian shares through this website. I’m an experienced content writer and aspire to succeed as a content writer in the virtual realm by generating traffic through my immersive content and engaging taglines. Read More