Hindustan Petroleum (BOM:500104)

QUOTE AND NEWS
The Hindu Business Line  Oct 13  Comment 
State-owned Hindustan Petroleum Corporation Ltd (HPCL) has temporarily shut its Vishakhapatnam refinery as cyclone Hudhud made landfall on the eastern coast.The company had yesterday shut t...
The Hindu Business Line  Sep 7  Comment 
Hindustan Petroleum, which had last September announced setting up of a refinery at Barmer in Rajasthan, has expressed hope that it will be able to go ahead with the Rs 37,230-crore project as sch...
The Economic Times  Sep 5  Comment 
"Hindustan Petroleum is a 'Buy' call with a target of Rs 500 and a stop loss of Rs 473."
Reuters  Aug 12  Comment 
Reuters Market Eye - Hindustan Petroleum Corp shares fall 1.5 percent. The company's April-June net profit lagged estimates, analysts say.
The Economic Times  Aug 11  Comment 
State oil marketer Hindustan Petroleum Corp announced it had come out of the red with a net profit of Rs.46.04 crore for the first quarter
The Economic Times  Jun 13  Comment 
"Hindustan Petroleum is a 'SELL' call with a target of Rs 370 and a stop loss of Rs 405."
The Hindu Business Line  May 28  Comment 
Company reports ₹1,734-crore profit for FY14, proposes dividend of ₹15.50 a share
The Hindu Business Line  May 28  Comment 
Hindustan Petroleum Corp Ltd (HPCL) today reported a better than expected fourth quarter net profit of Rs 4,609.24 crore after it got lumpsum fuel subsidy.Net profit of Rs 4,609.24 crore in...
The Hindu Business Line  May 21  Comment 
State-owned Hindustan Petroleum Corp Ltd is likely to buy 11-15 per cent stake in Petronet LNG Ltd’s ₹5,000-crore LNG import terminal on the east coast. “We have a huge gas requirement a...
The Hindu Business Line  Mar 28  Comment 
Hindustan Petroleum Corporation Ltd on Friday launched its premium brand “Club HP Star” at its flagship outlet at Siripuram Junction, according to a press release.





You may also be interested in articles related to Hindustan Petroleum (BOM:500104):
 

HPCL

Hindustan Petroleum Corporation Limited (HPCL) is the third largest oil refining and marketing company in India. Apart from the 13 MMTPA (million tonnes per annum) of refining capacity, it has strong retail presence with over 8,500 retail outlets spread across the country. Further, the company has nearly 27 m customers in the fast growing LPG business. The company has stakes in HPCL-Mittal Energy (49%), MRPL (17%), Bhagyanagar Gas (25%) and Aavantika Gas (25%).


During FY09, HPCL’s average gross refining margin was US$ 3.97 per barrel as compared to US$ 6.54 per barrel during FY08. During the year, Mumbai refinery achieved crude throughput of 6.65 m tonnes, while the Visakh refinery achieved a crude throughput of 9.16 m tonnes. In terms of volumes, market sales were 25.39 million metric tonnes during FY09. The company’s refining margin during the fiscal was lower on account of the decline in the global crude oil prices, which resulted in inventory losses. The company faced under recoveries on product prices, which could not be fully passed on to the consumers. Upstream oil companies, i.e. ONGC and GAIL partially compensated for the under recoveries by providing discounts amounting to Rs 71.8 bn, while the Government of India issued oil bonds to the tune of Rs 146.9 bn.


While volume off take is likely to remain robust going forward, the company’s financial performance will depend on crude oil prices, rupee-dollar exchange rates, interest costs and most importantly, government regulations of product prices.


Financial performance: A snapshot

(Rs m)

4QFY08 4QFY09 Change FY08 FY09 Change
Net sales 314,706 253,637 (19.40%) 1,047,038 1,251,379 19.50%
Expenditure 312,538 197,168 (36.90%) 1,031,498 1,218,818 18.20%
Operating profit (EBDITA) 2,168 56,470 15,540 32,561 109.50%
EBDITA margin (%) 0.70% 22.30% 1.50% 2.60%
Other income 3,177 2,167 (31.80%) 11,980 5,202 (56.60%)
Interest 3,009 3,779 25.60% 7,925 20,828 162.80%
Depreciation 2,532 2,545 0.50% 8,508 9,813 15.30%
Profit before tax (196) 52,313 11,087 7,122 (35.80%)
Tax (4,041) 1,273 (262) 1,373
Profit after tax/(loss) 3,845 51,040 11,349 5,750 (49.30%)
Net profit margin (%) 1.20% 20.10% 1.10% 0.50%
No. of shares (m) 339
Diluted earnings per share (Rs) 17
Price to earnings ratio (x) 18


Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki