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Bharat Petroleum Corporation Limited BPCL.NS

IN · National Stock Exchange of India · XNSE · stock · Energy · website

Bharat Petroleum Corporation Limited statistics & valuation

Market cap₹1.36T
P / E5.3×
P / S0.3×
P / B1.4×
P / FCF4.4×
Net margin5.7%
FCF margin7.0%
Net debt₹541.0B
Enterprise value USD$20.0B
Earnings yield EBIT/EV19.7%
Return on capital26.2%
Graham number +76.8%₹564.88

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (₹564.88); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
0.50% 6.00% 3.00% 5.70% 2023202420252026
Gross margin (%)
4.40% 12.90% 8.90% 12.40% 2023202420252026
Operating margin (%)
1.60% 8.40% 4.20% 8.30% 2023202420252026
Return on equity (%)
4.00% 35.50% 16.40% 25.80% 2023202420252026
Shares outstanding
4.27B 4.27B 4.27B 4.27B 2023202420252026
Net debt (₹)
₹670.63B ₹522.98B ₹605.43B ₹541.04B 2023202420252026
Share buybacks (₹)
2023202420252026
Return on assets (%)
1.10% 13.30% 6.10% 10.40% 2023202420252026
Free cash flow margin (%)
0.80% 5.90% 1.90% 7.00% 2023202420252026
Debt / equity (×)
1.30× 0.72× 0.75× 0.54× 2023202420252026
EPS (₹)
₹5.00 ₹63.04 ₹31.21 ₹60.49 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Bharat Petroleum Corporation Limited trades at about 5.3× earnings — below its 10-year norm (10-year range 4.8×–35.7×, median 9.9×).

4.8× 35.7×

Shaded band = 10-year range (4.8×–35.7×); dot = today's 5.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin12.4%8.9%12.9%4.4%
Operating margin8.3%4.2%8.4%1.6%
Net margin5.7%3.0%6.0%0.5%
FCF margin7.0%1.9%5.9%0.8%
Return on assets10.4%6.1%13.3%1.1%
Return on equity25.8%16.4%35.5%4.0%
Debt / equity0.22×0.33×0.36×0.77×
Current ratio0.790.800.810.75

Computed from company filings · IN · as of 2026-03-31. Figures in INR. Facts plus Stocktoria's own computed scores — not investment advice.