|
13 Apr 2025 |
Bharat Petroleum
|
Consensus Share Price Target
|
293.20 |
332.41 |
- |
13.37 |
buy
|
|
|
|
|
23 Jan 2025
|
Bharat Petroleum
|
Motilal Oswal
|
293.20
|
310.00
|
271.25
(8.09%)
|
5.73 |
Neutral
|
|
|
BPCL’s reported 3QFY25 financial performance was largely in line with our expectations, as weaker-than-expected refining performance was offset by robust marketing margins.
|
|
10 Dec 2024
|
Bharat Petroleum
|
Geojit BNP Paribas
|
293.20
|
326.00
|
303.50
(-3.39%)
|
11.19 |
Hold
|
|
|
|
|
21 Jul 2024
|
Bharat Petroleum
|
BOB Capital Markets Ltd.
|
293.20
|
315.00
|
303.80
(-3.49%)
|
Target met |
Hold
|
|
|
Q1 normalisation in line with consensus. Underlying fuel margin surprised on upside. Timing of compensation for LPG loss uncertain
|
|
21 Jul 2024
|
Bharat Petroleum
|
Emkay
|
293.20
|
370.00
|
303.80
(-3.49%)
|
Target met |
Buy
|
|
|
BPCL posted better than expected performance in Q1FY25. SA EBITDA/APAT fell 40-45% QoQ each to Rs56.5/30.1bn, but was a 19%/35% beat.
|
|
21 Jul 2024
|
Bharat Petroleum
|
Prabhudas Lilladhar
|
293.20
|
269.00
|
303.80
(-3.49%)
|
Target met |
Sell
|
|
|
|
|
12 May 2024
|
Bharat Petroleum
|
Motilal Oswal
|
293.20
|
660.00
|
618.65
(-52.61%)
|
Target met |
Neutral
|
|
|
BPCL’s reported GRM came in 27% below our est. at USD12.5/bbl in 4QFY24, while implied marketing margin came in 67% above our est. at INR5.7/lit. Overall EBITDA was below our estimate due to weaker-than expected refining performance and impairment charge of INR18b in 4Q.
|
|
11 May 2024
|
Bharat Petroleum
|
Emkay
|
293.20
|
730.00
|
618.65
(-52.61%)
|
Pre-Bonus/ Split |
Buy
|
|
|
BPCL clocked Q4FY24 EBITDA/APAT of Rs92.7/55.7bn – a sizable 17-18% beat each, driven by higher-than-expected implied marketing margin of ~Rs7/kg (at a 16% beat).
|
|
10 May 2024
|
Bharat Petroleum
|
SMC online
|
293.20
|
|
618.65
(-52.61%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
30 Jan 2024
|
Bharat Petroleum
|
SMC online
|
293.20
|
|
504.20
(-41.85%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
31 Oct 2023
|
Bharat Petroleum
|
Motilal Oswal
|
293.20
|
380.00
|
349.25
(-16.05%)
|
Target met |
Neutral
|
|
|
|
|
30 Oct 2023
|
Bharat Petroleum
|
Prabhudas Lilladhar
|
293.20
|
365.00
|
346.90
(-15.48%)
|
Target met |
Hold
|
|
|
|
|
30 Oct 2023
|
Bharat Petroleum
|
SMC online
|
293.20
|
|
346.90
(-15.48%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
07 Aug 2023
|
Bharat Petroleum
|
Geojit BNP Paribas
|
293.20
|
411.00
|
360.65
(-18.70%)
|
Target met |
Buy
|
|
|
|
|
27 Jul 2023
|
Bharat Petroleum
|
SMC online
|
293.20
|
|
379.25
(-22.69%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
27 Jul 2023
|
Bharat Petroleum
|
ICICI Securities Limited
|
293.20
|
540.00
|
379.25
(-22.69%)
|
Target met |
Buy
|
|
|
BPCL reported a strong Q1FY24 with EBITDA of INR 149.6bn and recurring PAT of INR 99.2bn, up 34%/32% QoQ respectively, and materially ahead of the operating loss of Rs59bn and net loss of INR 62.9bn in Q1FY23 (I-Sec: EBITDA INR 107bn, PAT INR 66.3bn).
|
|
24 May 2023
|
Bharat Petroleum
|
ICICI Securities Limited
|
293.20
|
445.00
|
366.60
(-20.02%)
|
Target met |
Buy
|
|
|
Bharat Petroleum Corporation (BPCL) reported an impressive 2.6x / 3.5x YoY jump in its standalone adjusted-EBITDA / PAT (up 2.6x / 3.8x QoQ) to Rs111.5bn / Rs75bn respectively, well ahead of our estimates of Rs52.3bn EBITDA and Rs34.4bn PAT.
|
|
24 May 2023
|
Bharat Petroleum
|
SMC online
|
293.20
|
|
363.30
(-19.30%)
|
Pre-Bonus/ Split |
Results Update
|
|
|
|
|
23 May 2023
|
Bharat Petroleum
|
Prabhudas Lilladhar
|
293.20
|
425.00
|
366.60
(-20.02%)
|
Target met |
Buy
|
|
|
|
|
23 May 2023
|
Bharat Petroleum
|
ICICI Direct
|
293.20
|
430.00
|
366.60
(-20.02%)
|
Target met |
Buy
|
|
|
|
|
31 Jan 2023
|
Bharat Petroleum
|
ICICI Direct
|
293.20
|
380.00
|
343.25
(-14.58%)
|
Target met |
Hold
|
|
|
|