BPCL Shares: BPCL Share Price on NSE/BSE
BPCL Shares have jumped more than 5% in Friday trading session on BSE today and closed at Rs 616.80 and this is the first trading session after the results of Q4 FY24. On today’s session in which it has shown very good performance but on the other side it has posted results of Q4 FY ended March 2024.
The company has posted 35% of drop n net profit which is Rs 4,224 crores and in the last year’s period there was a profit of Rs 6,478 crores and the revenue of operations of the company was Rs 1.33 lakh crore in the last fiscal year quarter, whereas in this year’s quarter result it has dropped from the margin to Rs 1.32 lakh crore.
Key Highlights
What is the full form of BPCL?
BPCL stands for Bharat Petroleum Corporation Ltd. It is an Indian public sector undertaking company under the Ministry of Petroleum and Natural Gas, Government of India.
BPCL Shares Q4 FY24 result Highlights
- The company has posted 35% of drop in net profit which is Rs 4,224 crores and in the last year’s period there was a profit of Rs 6,478 crores
- Revenue operations of the company was Rs 1.33 lakh crore in the last fiscal year quarter, whereas in this year’s quarter result it has dropped from the margin to Rs 1.32 lakh crore.
- The EBITDA (earnings before interest, taxes, depreciation, and amortization) of India’s third-largest refinery company declined by 19.4% in the fourth quarter. The main reason for this decline is said to be that after the elections, there has been a decline in the prices of petrol and diesel and an increase in the prices of raw oil and there has also been a decline in refining margins.
- This time in the financial year 2023-24, 39.93 million tonnes of crude has been processed in BPCL’s refinery, which was 38.53 million tonnes in the last FY23.
- The market sale in last FY23 was 48.92 million tonnes which has increased to 51.04 million tonnes in this FY24 which is 4.33% as compared to last year.
Peer comparison of BPCL Stock
This peer comparison is between BPCL Stock and its other competitive petroleum and natural gas sector. In this we can see the performance of BPCL and other stocks based on its last year performance, its PE ratio and experts’ opinions. Before making any financial investment consult with your financial expert.
| Industry Name | PE Ratio | 1 Year Return | Buy Recommendation by Experts |
| BPCL (Bharat Petroleum Corporation Ltd) | 5.13 | 65.75% | 54.00% |
| Reliance Industries Ltd | 28.50 | 23.86% | 76.67% |
| Indian Oil Corporation Ltd | 5.87 | 86.43% | 39.29% |
| Hindustan Petroleum Corporation Ltd | 4.73 | 96.12% | 46.43% |
| Mangalore Refinery and Petrochemicals Ltd | 12.38 | 240.67% | 0.00 |
| Chennai Petroleum Corporation Ltd | 5050 | 175.14% | 0.00 |
Financial Metrices of BPCL Shares
Today BPCL shares today opens at Rs 615.00 and the high of BPCL shares for the day was Rs 621.95 and low for the day was Rs 601.55. Total market capitalization of BPCL shares is Rs 1.34LCr. BPCL stock 52-week high record of Rs 687.95 and the stock’s 52-week low is Rs 331.45.
Currently the BPCL is providing dividend yield of 3.73% and on the other hand, it is providing the sector dividend yield of 1.74% and now BPCL Ltd has approved a bonus issue in 1:1 ratio where investors will get an extra share from the company for every share held. PE ratio of BPCL shares is 5.13 and sector PE ratio is 14.27. PB ratio of stock is 2.57 and sector PB ratio is 2.08. BPCL stock is showing good signs of profitability and efficiency and BPCL stock is not in an overbought zone.
Financial History of BPCL Stock
BPCL (Bharat Petroleum Corporation Ltd) shares listed on both National Stock Exchange (NSE) and BSE (Bombay stock Exchange). If we check financial growth history of BPCL (Bharat Petroleum Corporation Ltd) stock, it has given a return rate of 69.75% in the last 5 years and it has given return rate of 65.58% in the last 1 year. In the last 6 months, BPCL Ltd stock has given return rate of 60.42% to its shareholders and now if we check its performance in this Financial Year 24, it has performed well in the last 1 month and has given negative return rate of 2.50%.
BPCL (Bharat Petroleum Corporation Ltd) shares have not shown any special performance in the last 5 years, its revenue growth rate was quite weak. In the last 5 years, BPCL (Bharat Petroleum Corporation Ltd) revenue growth has been weaker than industry growth. The industry revenue growth rate was 15.87% and BPCL revenue growth rate was 14.83% and BPCL (Bharat Petroleum Corporation Ltd) market share has also decline from 17.83% to 16.63% and net income has grown at a yearly rate of -25.05% as compared to the average rate of 0.11%.
About BPCL (Bharat Petroleum Corporation Ltd)
BPCL stands for Bharat Petroleum Corporation Ltd. It is an Indian public sector undertaking company under the Ministry of Petroleum and Natural Gas, Government of India. It’s a Central Public Sector Undertaking which was established in 1976. its headquarters is in Mumbai, Maharashtra, India. products of BPCL are Petroleum, Natural gas, LNG, Lubricants and Petrochemicals. Indraprastha Gas Limited, BPCL Kochi Refinery and Petronet LNG are the subsidiaries of BPCL.
BPCL Share Price Target for 2024
Share price target of BPCL (Bharat Petroleum Corporation Ltd) for 2024 could be predicted as Rs 690.00. This is just a prediction that could be up or down as the market changes.
BPCL Share Price Target for 2025
Share price target of BPCL (Bharat Petroleum Corporation Ltd) for 2025 could be predicted as Rs 810.00.
BPCL Share Price Target for 2026
Share price target of BPCL (Bharat Petroleum Corporation Ltd) for 2026 could be predicted as Rs 998.15.
BPCL Share Price Target for 2030
Share price target of BPCL (Bharat Petroleum Corporation Ltd) for 2030 could be predicted as Rs 1688.56. Before making any investment consult to your financial expert.
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