NSE: BPCL | BSE: 500547

Mid-range Performer

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335.85 -0.05 (-0.01%)

43.52% Gain from 52W Low

8.0M NSE+BSE Volume

NSE 17 Oct, 2025 3:31 PM (IST)

145,708.7

Market Cap

Market Runner Up

1.0

Beta 1Year

Average volatility

Bharat Petroleum Corporation Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BPCL, BSE:500547 Bharat Petroleum Corporation Ltd.

Bharat Petroleum Corporation Ltd.

05 Oct 2018

335.85

-0.01%

Bharat Petroleum Corporation

Hold: Bharat Petroleum Corporati...

Target

ICICI Securities Limited

The government has announced | 2.5 per litre reduction in petrol and diesel prices to lower the burden on customers due to rising crude oil prices. The central excise duty has been cut by | 1.5 per litre while oil marketing companies (OMCs) have been asked to absorb a cut of | 1 per litre. This move by the government will have a substantial impact on the profitability of OMCs with BPCL and HPCL profits declining ~28% and ~39%, respectively on an annual basis. The current action by the government has put a question mark on the free pricing mechanism for petrol and diesel by OMCs. This...

Bharat Petroleum Corporation Ltd. is trading above all available SMAs

Bharat Petroleum Corporation Ltd.

13 Aug 2018

335.85

-0.01%

Bharat Petroleum Corporation Ltd Q1FY19 results Comment

Results Update: Bharat Petroleum Corporati...

HDFC Securities

Revenue grew by 9.9% to Rs. 71696.73 Cr in Q1FY19 when compared to the previous quarter. Bharat Petroleum Corporation Ltd Q1FY19 results Comment

Number of MF schemes increased from 270 to 290 in Sep 2025 qtr.

Bharat Petroleum Corporation Ltd.

10 Aug 2018

335.85

-0.01%

Result Review of Bharat Petroleum Corp.

Buy: Bharat Petroleum Corporati...

Target

IDBI Capital

BPCL Q1FY19 results were more than our estimates mainly due to higher than expected inventory gains of Rs26.8bn, partially offset by forex losses of Rs7bn. Adjusting to these, result was slightly below our expectations owing to weaker refinery profit. Revenue was up 25.5% YoY to Rs716 bn while EBITDA grew 216.3% to Rs38.7bn and PAT increased 208% YoY to Rs22.9bn. The company expects GRM expansion at Kochi to kick-in post ramp up of Propylene Unit to feed its upcoming Petchem facility from FY20. We are keeping FY19 estimates almost unchanged while raising FY20E EBITDA/EPS by ~5% to factor-in slightly higher GRM and marketing profits. Though, we slightly tweak...

Number of FII/FPI investors increased from 1381 to 1417 in Sep 2025 qtr.

Bharat Petroleum Corporation Ltd.

09 Aug 2018

335.85

-0.01%

Bharat Petroleum Corporation (1QFY19): All-round performance. Maintain BUY

Buy: Bharat Petroleum Corporati...

Target

HDFC Securities

Our SOTP target is Rs 581 (5x Jun 20E EV/e for standalone refining, 8x EV/e for marketing, 9x for pipeline and Rs 204/sh from other investments). Maintain BUY. BPCLs 1QFY19 EBITDA came in at Rs 38.8bn, up 216% YoY. This has been attributed to a 20.6% jump in refining throughput to 7.74mnt, 53.5% increase in GRM to USD 7.49/bbl, 7.1% increase in marketing volumes at 11.28mnt, and 3.7% increase in blended gross marketing margins to Rs 3.68/ltr.

Number of FII/FPI investors increased from 1381 to 1417 in Sep 2025 qtr.

Bharat Petroleum Corporation Ltd.

09 Aug 2018

335.85

-0.01%

Bharat Petroleum Corporation

Hold: Bharat Petroleum Corporati...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Bharat Petroleum Corporation (BPCL) reported Q1FY19 results that were above our estimates on the profitability front mainly on account of higher inventory gains despite a weak operational performance....

Number of MF schemes increased from 270 to 290 in Sep 2025 qtr.

Bharat Petroleum Corporation Ltd.

29 Jun 2018

335.85

-0.01%

Bharat Petroleum Corporation

Hold: Bharat Petroleum Corporati...

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Oil Refining and Marketing Companies Volatile operational factors create uncertainty Brent crude oil prices witnessed an upward trajectory in the past two quarters and are currently at high levels of US$77/bbl. More recently, crude oil prices have seen sharp fluctuations in the range of US$70-80/bbl. In addition, depreciation of the rupee has also been a concern. The consequent high petrol and diesel prices resulting in uncertainty over oil marketing...

Bharat Petroleum Corporation Ltd. is trading above all available SMAs

Bharat Petroleum Corporation Ltd.

31 May 2018

335.85

-0.01%

Result Review of Bharat Petroleum Corp

Buy: Bharat Petroleum Corporati...

Recommendation Target

IDBI Capital

BPCL Q4FY18 result beats our expectation in all front and delivered strongest growth amongst its peer group. Revenue increased 14.4% 652 bn, EBITDA grew 68% to 37.2 bn and PAT rose 45% 26.7 bn. Crude throughput touched to highest-ever 7.9mmt led by higher throughput at Kochi which saw over 100% utilisation. Sales volume also grew 10% to 11.1mmt while core GRM declined to US$5.6/bbl in Q4FY18 vs US$5.9/bbl in Q4FY17 due to lower GRM from Kochi refinery which is still under stabilization mode. We expect higher GRM and volume from Kochi would offset negative impact of...

Bharat Petroleum Cor.. has an average target of 356.60 from 5 brokers.

Bharat Petroleum Corporation Ltd.

31 May 2018

335.85

-0.01%

BPCL

Results Update: Bharat Petroleum Corporati...

SMC online

BPCL net sales rose 14% to Rs 65239.31 crore for the quarter ended March 2018 compared to corresponding previous year period. This included subsidy from the government of Rs 216.01 crore down 25% on a y-o-y basis. Excluding compensation from the government sales of the company rose 15% to Rs 65023.3 crore. OPM of the company rose 180 bps to 5.7%. %. As a result operating profits rose 68% to Rs 3721.56 crore. Cost of material consumed as a percentage to net sales (net of stock...

Number of MF schemes increased from 270 to 290 in Sep 2025 qtr.

Bharat Petroleum Corporation Ltd.

30 May 2018

335.85

-0.01%

Bharat Petroleum Corporation (4QFY18): Strong operational performance. Maintain BUY

Buy: Bharat Petroleum Corporati...

Target

HDFC Securities

Our SOTP target is Rs 571 (5x Mar 20E EV/e for standalone refining, 8x EV/e for marketing, 9x for pipeline and Rs 206/sh from other investments). Maintain BUY. BPCLs 4QFY18 EBITDA came in at Rs 37.22bn, up 68.2% YoY. This has been attributed to a 30.4% jump in refining throughput to 7.85mnT, 9.9% increase in marketing volumes at 11mnT, and 23.9% increase in blended marketing margins to Rs 4.26/ltr. Refinery throughput was higher on account of Kochi refinery expansion during 2HFY18 and Mumbai refinery throughput was lower in 4QFY17 due to shutdown. PAT stood at Rs 26.74bn up 45.2% YoY.

Bharat Petroleum Corporation Ltd. is trading above all available SMAs

Is Bharat Petroleum Corporation Ltd. worth buying?

1442 Votes:

Buy 77.67%

Sell 11.58%

Hold 10.75%

RESEARCH REPORTS

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