Hindustan Petroleum Full Year 2024 Earnings: EPS: ₹75.26 (vs ₹32.81 loss in FY 2023)

Simply Wall St

July 30, 2024

Hindustan Petroleum (NSE:HINDPETRO) Full Year 2024 Results

Key Financial Results

Revenue: ₹4.32t (down 1.6% from FY 2023).
Net income: ₹160.1b (up from ₹69.8b loss in FY 2023).
Profit margin: 3.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses.
EPS: ₹75.26 (up from ₹32.81 loss in FY 2023).

revenue-and-expenses-breakdown — NSEI:HINDPETRO Revenue and Expenses Breakdown July 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hindustan Petroleum Earnings Insights

The primary driver behind last 12 months revenue was the Downstream Petroleum segment contributing a total revenue of ₹4.62t (107% of total revenue). Notably, cost of sales worth ₹3.90t amounted to 90% of total revenue thereby underscoring the impact on earnings.Explore how HINDPETRO's revenue and expenses shape its earnings.

Looking ahead, revenue is expected to decline by 1.4% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in India are expected to grow by 5.2%.

Performance of the Indian Oil and Gas industry.

The company's shares are up 9.9% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for Hindustan Petroleum (1 is potentially serious) you should be aware of.

Valuation is complex, but we're here to simplify it.

Discover if Hindustan Petroleum might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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