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Bharat Petroleum Corporation Ltd. Stock Analysis

Large Cap
Evaluated by 5560 users | BSE: 500547 | NSE: BPCL |
Refineries

Bharat Petroleum Corporation Limited (BPCL) was established in 1952. BPCL is a Government of India Enterprise listed on Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

1. Right Stock
Somewhat Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bharat Petroleum Corporation Ltd. has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 6.97%10.22%10.86%14.28%13.26%20.02%17.42%15.58%13.85%8.39%
Value Creation Index -0.37-0.08-0.030.280.190.800.560.400.24-0.25
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 1,51,6392,11,9732,40,1162,60,0752,38,0871,88,4052,02,2112,36,4212,97,2752,84,383
Y-o-Y Gr. Rt.-39.8%13.3%8.3%-8.5%-20.9%7.3%16.9%25.7%-4.3%
Adjusted EPS (Rs.) 7.3710.9113.7322.0321.1538.0740.7640.7138.7323.55
Y-o-Y Gr. Rt.-48%25.9%60.5%-4%80%7.1%-0.1%-4.9%-39.2%
Book Value per Share (Rs.) 64.868.7576.5689.24103.25138.92150.84173.53186.78168.87
Adjusted Net Profit 1,5992,3662,9784,7794,5877,4878,0168,0077,6194,632
Net Op. Cash Flow (Rs. Cr.) 3,0829265,4808,40418,18310,1797,8979,0097,6456,358
Debt to Cash Flow from Ops 6.1524.844.352.420.721.562.932.593.817.52
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Bharat Petroleum Corporation Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.2%3.6%12%-4.3%
Adjusted EPS 13.8%2.2%-16.7%-39.2%
Book Value per Share 11.210.33.8-9.6
Share Price 14.2% 3.1% -11.6% -33%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.7816.3318.8826.4821.8830.0728.1325.121.513.24
Operating Profit Margin (%) 2.392.542.873.513.496.185.375.044.262.93
Net Profit Margin (%) 1.051.121.241.841.933.973.963.392.561.63
Debt to Equity 1.351.541.441.050.580.580.780.680.791.44
Working Capital Days 56515148474444474550
Cash Conversion Cycle 1715151510813131011
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 52.98%
Institutions 32.55%
Non-Institutions 13.61%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Bharat Petroleum Corporation Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that Bharat Petroleum Corporation Ltd. is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Bharat Petroleum Corporation Ltd.'s performance infers:

Bharat Petroleum Corporation Ltd. earnings have grown by 2.2%, whereas share price has appreciated 3.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Bharat Petroleum Corporation Ltd. share prices over the last 10 years. Here is what we found out:

Bharat Petroleum Corporation Ltd. share price has appreciated 11.4% annually over the past ten years.

Bharat Petroleum Corporation Limited (BPCL) was established in 1952. BPCL is a Government of India Enterprise listed on Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

Business area of the company

The Corporation is engaged in the business of refining of crude oil and marketing of petroleum products. It has

Bharat Petroleum Corporation Limited (BPCL) was established in 1952. BPCL is a Government of India Enterprise listed on Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

Business area of the company

The Corporation is engaged in the business of refining of crude oil and marketing of petroleum products. It has refineries at Mumbai and Kochi, LPG bottling plants and Lube blending plants at various locations. The Corporation’s marketing infrastructure includes vast network of Installations, Depots, Retail Outlets, Aviation Fuelling Stations and LPG distributors.

Businesses/ Products & Services

Fuels & Services: offers world-class Fuel Stations (Petrol Pump) across the country, selling Petrol, Diesel, Automotive LPG and CNG.

Bharatgas: Bharatgas comes from the house of Bharat Petroleum, a Fortune 500 company and a major player in refining and marketing of petroleum products in India. Bharatgas fuels million homes and has brought many innovative products and customer centric offerings to the customers.

MAK Lubricants: from Bharat Petroleum - reign eminently as a trusted brand in lubricants and greases in India and international markets.

Aviation Services: Bharat Petroleum Corporation Limited is pioneer in providing aviation fuel services in India.

Oil Refineries: Bharat Petroleum operates several oil refineries in India.

Gas: Natural gas is seen as a great energy source of the 21st century, and to provide energy security to customers, BPCL diversified into the gas business. The emerging gas demand in the country provides BPCL with an opportunity to expand its existing portfolio of energy supply.

Industrial & Commercial: To cater to the Industries needs for fuels and other petrochemicals, BPCL Industrial and Commercial Fuel Services Business Unit, commonly known as I&C SBU was formed.

Awards

2007:

  • BPCL won the ‘Excellent Water Efficient Unit Award -Beyond the Fence’ at the National Awards for Excellence in Water Management 2007

2008:

  • BPCL's Mumbai Refinery won the Smart Workplace Award 2008 under the industrial manufacturing category given by Economic Times in association with IT majors, Acer and Intel.
  • BPCL was ranked 287th position during 2007-08 in Fortune Global 500 list.

2011:

  • BPCL Kochi Refinery has bagged the Excellence Award for Pollution Control among very large industries in Kerala 
  • BPCL has secured 271st  ranking during 2010-11  in the prestigious list of Fortune Global 500 as compared to 309th position last year.

2014:

  • Bharat Petroleum adjudged Best Performing Navratna PSU by India Today
  • BPCL receives World Petroleum Council Excellence Awards for CSR

2015:

  • Bharat Petroleum bags “HR Excellence Award” in India Today PSU Awards 2015
  • Sixth time in a row, OISD Safety Excellence Award to BPCL LPG Marketing
  • BPCL bags OISD Award for Retail Operations in Western Region
  • BPCL bags two top honours at Petrofed Awards
  • BPCL bags prestigious ABCI Awards

2016:

  • BPCL Annual Report Bags SCOPE Award
  • Bharat Petroleum Kochi Refinery Wins KSPCB Excellence Award
  • BPCL bags ABCI Silver for External Publications
  • BPCL bags prestigious NIPM National Award for Best HR Practices
  • BPCL Bags Lions CSR Precious Award

2017:

  • BPCL Stars in SCOPE Corporate Communication Excellence Awards
  • Bharat Petroleum Sparkles with ABCI Silver Award 
  • BPCL Honoured as Project Management Company of the Year
  • BPCL’s Brand Quiz programme enters INDIA BOOK OF RECORDS
  • Green Initiatives of BPCL Kochi Refinery win KMA Excellence Awards 2017

2018:

  • BPCL decorated with Golden Peacock Award 2018 at London
  • BPCL Brand Quiz Baadshah 2018 named as Largest Corporate Brand Engagement Program in Asia
  • BPCL Receives the ‘Star PSU’ Award from Business Standard
  • BPCL LPG Marketing Receives OISD Safety Award for Best Performance
  • BPCL Internal Audit Wins Award of Excellence

2019:

  • Corporate Research & Development Centre of BPCL received three Awards during the Project Evaluation and Recognition Program 2019
  • Bharat Petroleum receives the prestigious Golden Peacock Award for Sustainability for FY 2018-19
  • Bharat Petroleum wins the Global CX Summit Exceptional Experience Awards for Best Social Media Strategy to engage with customers

2020:

  • Bharat Petroleum Bags CII Environmental Project Awards
  • BPCL Bags Manufacturing Supply Chain Award
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

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