Hindustan Petroleum
Market Cap
₹304.9b
Last Updated
2020/04/08 13:21 UTC
Data Sources
Company Financials +
Executive Summary
Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with adequate balance sheet.
Similar Companies
Share Price & News
How has Hindustan Petroleum's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HINDPETRO's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
8.4%
HINDPETRO
6.7%
IN Oil and Gas
2.2%
IN Market
1 Year Return
-22.1%
HINDPETRO
-24.7%
IN Oil and Gas
-27.6%
IN Market
Return vs Industry: HINDPETRO exceeded the Indian Oil and Gas industry which returned -30.9% over the past year.
Return vs Market: HINDPETRO exceeded the Indian Market which returned -32.1% over the past year.
Shareholder returns
| HINDPETRO | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.4% | 6.7% | 2.2% |
| 30 Day | -6.2% | -9.6% | -20.0% |
| 90 Day | -21.1% | -25.2% | -25.9% |
| 1 Year | -19.7%-22.1% | -22.0%-24.7% | -26.1%-27.6% |
| 3 Year | -38.6%-44.8% | -2.8%-13.6% | -15.9%-20.5% |
| 5 Year | 74.7%38.6% | 31.7%7.1% | -5.7%-10.6% |
Price Volatility Vs. Market
How volatile is Hindustan Petroleum's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
What Can We Make Of Hindustan Petroleum Corporation Limited’s (NSE:HINDPETRO) High Return On Capital?2 weeks ago | Simply Wall St
Is Hindustan Petroleum Corporation Limited (NSE:HINDPETRO) A High Quality Stock To Own?4 weeks ago | Simply Wall St
Is Hindustan Petroleum Corporation Limited's (NSE:HINDPETRO) P/E Ratio Really That Good?Valuation
Is Hindustan Petroleum undervalued compared to its fair value and its price relative to the market?
5.06x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HINDPETRO (₹184.2) is trading above our estimate of fair value (₹155.94)
Significantly Below Fair Value: HINDPETRO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HINDPETRO is good value based on its PE Ratio (4.7x) compared to the Oil and Gas industry average (6.5x).
PE vs Market: HINDPETRO is good value based on its PE Ratio (4.7x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: HINDPETRO is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: HINDPETRO is overvalued based on its PB Ratio (0.9x) compared to the IN Oil and Gas industry average (0.8x).
Next Steps
Future Growth
How is Hindustan Petroleum forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
18.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HINDPETRO's forecast earnings growth (17.8% per year) is above the savings rate (6.5%).
Earnings vs Market: HINDPETRO's earnings (17.8% per year) are forecast to grow slower than the Indian market (19.2% per year).
High Growth Earnings: HINDPETRO's earnings are forecast to grow, but not significantly.
Revenue vs Market: HINDPETRO's revenue (0.1% per year) is forecast to grow slower than the Indian market (8.8% per year).
High Growth Revenue: HINDPETRO's revenue (0.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HINDPETRO's Return on Equity is forecast to be low in 3 years time (17.5%).
Next Steps
Past Performance
How has Hindustan Petroleum performed over the past 5 years?
10.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HINDPETRO has high quality earnings.
Growing Profit Margin: HINDPETRO's current net profit margins (2.2%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: HINDPETRO's earnings have grown by 10.5% per year over the past 5 years.
Accelerating Growth: HINDPETRO's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HINDPETRO had negative earnings growth (-11.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (-17%).
Return on Equity
High ROE: HINDPETRO's Return on Equity (19.9%) is considered low.
Next Steps
Financial Health
How is Hindustan Petroleum's financial position?
Financial Position Analysis
Short Term Liabilities: HINDPETRO's short term assets (₹411.0B) do not cover its short term liabilities (₹562.0B).
Long Term Liabilities: HINDPETRO's short term assets (₹411.0B) exceed its long term liabilities (₹254.4B).
Debt to Equity History and Analysis
Debt Level: HINDPETRO's debt to equity ratio (93.9%) is considered high.
Reducing Debt: HINDPETRO's debt to equity ratio has reduced from 282.4% to 93.9% over the past 5 years.
Debt Coverage: HINDPETRO's debt is well covered by operating cash flow (29.5%).
Interest Coverage: HINDPETRO's interest payments on its debt are well covered by EBIT (141.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Hindustan Petroleum's current dividend yield, its reliability and sustainability?
7.97%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HINDPETRO's dividend (8.63%) is higher than the bottom 25% of dividend payers in the Indian market (0.96%).
High Dividend: HINDPETRO's dividend (8.63%) is in the top 25% of dividend payers in the Indian market (4.06%)
Stability and Growth of Payments
Stable Dividend: HINDPETRO's dividend payments have been volatile in the past 10 years.
Growing Dividend: HINDPETRO's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (40.3%), HINDPETRO's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HINDPETRO's dividends in 3 years are forecast to be well covered by earnings (37.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Mukesh Surana (57yo)
4s
Tenure
₹10,003,000
Compensation
Mr. Mukesh Kumar Surana serves as Chairman of the Board at Hindustan Colas Private Limited since April 01, 2016. He has been the Chairman and Managing Director of Hindustan Petroleum Corporation Limited si ...
CEO Compensation Analysis
Compensation vs Market: Mukesh's total compensation ($USD131.11K) is below average for companies of similar size in the Indian market ($USD740.34K).
Compensation vs Earnings: Mukesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 4yrs | ₹10.00m | 0.000040% ₹122.0k | |
| CFO, Director of Finance & Director | 1.25yrs | ₹3.54m | no data | |
| Compliance Officer & Company Secretary | 1.33yrs | ₹4.94m | 0.00023% ₹701.3k | |
| Director of Human Resources & Whole Time Director | 7.67yrs | ₹12.09m | 0.00018% ₹548.9k | |
| Director of Refineries & Whole Time Director | 3.42yrs | ₹8.12m | no data | |
| Executive Director of Operations | no data | no data | no data | |
| Chief General Manager of Administration & Real Estate | no data | no data | no data | |
| Chief General Manager of Legal | no data | no data | no data | |
| Director of Marketing & Director | 0.50yr | no data | no data | |
| Chief General Manager of Special Projects | no data | no data | no data |
1.3yrs
Average Tenure
57yo
Average Age
Experienced Management: HINDPETRO's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 4yrs | ₹10.00m | 0.000040% ₹122.0k | |
| CFO, Director of Finance & Director | 1.25yrs | ₹3.54m | no data | |
| Director of Human Resources & Whole Time Director | 7.67yrs | ₹12.09m | 0.00018% ₹548.9k | |
| Director of Refineries & Whole Time Director | 3.42yrs | ₹8.12m | no data | |
| Director of Marketing & Director | 0.50yr | no data | no data | |
| Independent Director | 2.58yrs | ₹840.00k | no data | |
| Independent Director | 2.58yrs | ₹1.27m | no data | |
| Part-Time Director Representative of ONGC & Government Nominee Director | 1.92yrs | no data | no data | |
| Government Nominee Director | 0.92yr | no data | no data | |
| Independent Director | 0.75yr | no data | no data |
2.3yrs
Average Tenure
57yo
Average Age
Experienced Board: HINDPETRO's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Hindustan Petroleum Corporation Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hindustan Petroleum Corporation Limited
- Ticker: HINDPETRO
- Exchange: NSEI
- Founded: 1952
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ₹304.917b
- Shares outstanding: 1.52b
- Website: https://www.hindustanpetroleum.com
Location
- Hindustan Petroleum Corporation Limited
- Petroleum House
- 17, Jamshedji Tata Road
- Mumbai
- Maharashtra
- 400020
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500104 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 1998 |
| HINDPETRO | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jun 1998 |
Biography
Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and Others segments. It offers petrol, diesel, kerosene, liquefied petroleum gas, naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping, production planning for refineries, supplies for domestic markets, and product exchange with other Indian oil marketing companies and oil price risk management. In addition, it offers LPG products under the HP Gas brand, as well as markets LPG cylinders for commercial and industrial purposes, and bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, wind power plants in Maharashtra and Rajasthan, and solar power plant in Haryana. As of March 31, 2019, it operated through a marketing network of 133 regional offices; 68 depots; 49 LPG bottling plants; 43 aviation service facilities; 15,440 retail outlets; 1,638 SKO and light diesel oil dealers; and 5,866 LPG distributors, as well as 42 terminal, installation, and tap off points. The company was incorporated in 1952 and is headquartered in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/08 13:21 |
| End of Day Share Price | 2020/04/08 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.