Bharat Petroleum

NSE: BPCL · Oil & Gas · PSU

₹336.63

▼ -0.99%

HOLD

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

Oil refining and fuel marketing PSU.

Market cap

₹29,49,723 Cr

Industry / Sector

Oil & Gas

Segments

Website

Visit ↗

RefiningMarketingGas

B. Fundamental analysis (illustrative)

Revenue growth

+21.50%

Net profit growth

+7.39%

Operating margin

30.08%

EBITDA margin

37.02%

ROE

31.33%

ROCE

31.5%

Debt / Equity

1.25

EPS

₹51.95

Operating cash flow

₹2,28,046 Cr

Working capital

₹70,556 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	6,11,071	7,08,528	7,85,177	8,13,787	8,81,944
EBITDA	2,05,995	2,28,005	2,61,353	2,92,573	3,26,466
Net profit	1,28,747	1,42,503	1,63,346	1,82,858	2,04,041
EPS (₹)	36.37	40.52	44.68	48.83	52.99

D. Valuation analysis

P/E

6.48

P/B

7.3

EV/EBITDA

24.34

Price/Sales

4.58

EPS

₹51.95

Dividend yield

4.24%

Peer comparison — Oil & Gas

Company	CMP	P/E	P/B	ROE	D/E
Bharat Petroleum	336.63	6.48	7.3	31.33%	1.25
ONGC	262.4	16.03	7.9	26.34%	0.84
Indian Oil Corporation	147.81	6.96	7.7	10.32%	0.11
GAIL India	180.97	6.72	2.04	11.97%	0.3

E. Technical analysis

RSI (14)

36.76

MACD

5.86

Support

₹319.80

Resistance

₹356.83

Volume

2,43,27,738

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹328.58

38.2% · ₹319.78

50.0% · ₹312.66

61.8% · ₹305.55

F. Shareholding pattern

Promoter (Government)52.98%

FII14.56%

DII18.69%

of which Mutual Funds12.85%

Public13.77%

G. SWOT analysis

Strengths

Established position in Oil & Gas
ROE of 31.33% in demo data

Weaknesses

Elevated leverage
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Refining

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Moderate leverage to monitor

Business quality

High capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 21.5%

Risk assessment

Low risk

Overall

Illustrative HOLD opinion · target ₹359.14 · stop loss ₹314.81

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	11.42
FY23	12.28
FY24	13.13
FY25	13.99
FY26	14.84

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement