Bharat Petroleum Corporation Ltd (BPCL) Share Price Target 2024, 2025 to 2030, Performance: In this article, we will discuss Bharat Petroleum Corporation Ltd (BPCL) Share Price Target for 2024-2030, its performance, stock market updates, financial health, shareholding pattern, and peer competitors. BPCL, one of India’s leading oil and gas companies, plays a crucial role in refining, marketing, and distributing petroleum products. Known for its extensive distribution network and focus on sustainability, BPCL is a key player in the energy sector.
Overview of Bharat Petroleum Corporation Limited (BPCL)
What is Bharat Petroleum Corporation Limited?
Bharat Petroleum Corporation Limited (BPCL) is a leading Indian public sector oil and gas company, headquartered in Mumbai. Founded in 1952, it operates as the country’s second-largest government-owned downstream oil producer under the oversight of the Ministry of Petroleum and Natural Gas. BPCL is a Fortune 500 company and holds the prestigious Maharatna status, symbolizing its significant role in India’s energy sector.
BPCL operates three major refineries located in Mumbai, Kochi, and Bina, ensuring a robust supply chain for petroleum products. The company contributes a substantial share to India’s petroleum product marketing and oil refining. Its diverse portfolio and government backing position it as a key player in India’s energy landscape.
Key Features of BPCL:
- Government Backing: Operates under the Ministry of Petroleum and Natural Gas with Maharatna status.
- Fortune 500 Recognition: Acknowledged among the world’s largest corporations.
- Refining Capacity: Operates three major refineries in Mumbai, Kochi, and Bina.
- Workforce Strength: Employs over 8,500 people as of 2024.
- Subsidiaries: Includes BPCL Kochi Refinery and Bharat PetroResources, enhancing its refining and resource capabilities.
Information about Bharat Petroleum Corporation Limited:
| Information | Details |
|---|---|
| Website | bharatpetroleum.in |
| Headquarters | Mumbai, India |
| Founded | 1952 |
| Number of Employees | 8,506 (2024) |
| Revenue | ₹5.09 lakh crores (US$64 billion, 2024) |
| Subsidiaries | BPCL Kochi Refinery, Bharat PetroResources |
| BSE Symbol | 500547 |
| NSE Symbol | BPCL |
Current Market Position of Bharat Petroleum Corporation Ltd (BPCL) Share
As of November 2024, BPCL’s share has shown a varied performance. It is down by -0.92% today but has increased by +2.21% over the past week. Over the past month, the share has declined by -4.06%, and in the last three months, it has dropped significantly by -16.32%. On a yearly basis, BPCL’s share has risen by +43.13%, with a notable growth of +55.95% over the past three years and a moderate increase of +18.33% over the past five years.
BPCL Share Fundamental Data
- Market Cap: ₹1,27,401 Cr.
- Current Price: ₹294
- High / Low: ₹376 / ₹206
- Stock P/E: 9.52
- Book Value: ₹178
- Dividend Yield: 7.15%
- ROCE: 32.1%
- ROE: 41.9%
- Face Value: ₹10.0
Market Position of BPCL Share as of November 2024
| Time Period | Returns of BPCL Share |
|---|---|
| 1 Day | -0.92% |
| 1 Week | 2.21% |
| 1 Month | -4.06% |
| 3 Months | -16.32% |
| 1 Year | 43.13% |
| 3 Years | 55.95% |
| 5 Years | 18.33% |
Bharat Petroleum Corporation Ltd (BPCL) Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
BPCL Share Price Target in 2024
In 2024, the share price target for Bharat Petroleum Corporation Ltd (BPCL) is expected to range between ₹300 and ₹380, driven by its robust performance in the energy sector and strategic initiatives to expand its operations.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹300 | ₹380 |
BPCL Share Price Target in 2025
For 2025, BPCL’s share price target is projected to range between ₹480 and ₹560, supported by its focus on refining capacity enhancements and diversifying into renewable energy sources.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | ₹480 | ₹560 |
BPCL Share Price Target in 2026
In 2026, BPCL’s share price target is anticipated to range between ₹650 and ₹730, reflecting steady revenue growth and an increase in market share in the oil and gas sector.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | ₹650 | ₹730 |
BPCL Share Price Target in 2027
By 2027, BPCL’s share price target is expected to range between ₹830 and ₹910, bolstered by its investments in infrastructure and technology upgrades to enhance efficiency.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2027 | ₹830 | ₹910 |
BPCL Share Price Target in 2028
In 2028, the share price target for BPCL is estimated to range between ₹1,020 and ₹1,100, driven by sustained growth in fuel demand and strategic expansions in both domestic and international markets.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2028 | ₹1,020 | ₹1,100 |
BPCL Share Price Target in 2029
For 2029, BPCL’s share price target is projected to range between ₹1,100 and ₹1,180, reflecting the company’s resilience and ability to adapt to market dynamics.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2029 | ₹1,100 | ₹1,180 |
BPCL Share Price Target in 2030
By 2030, BPCL’s share price target is expected to range between ₹1,270 and ₹1,350, driven by its strong fundamentals, leadership position in the industry, and focus on sustainable energy initiatives.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2030 | ₹1,270 | ₹1,350 |
Financial Health and Performance Analysis of BPCL (FY 2020 – FY 2024)
BPCL Financials Income (P&L) (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth (%) |
|---|---|---|
| Total Revenue | ₹4,50,320 Cr | -5.13% |
| Total Expenses | ₹4,14,920 Cr | -12.17% |
| Profit after Tax (PAT) | ₹26,860 Cr | +1,160.36% |
| Operating Profit Margin (%) | 8.82% | – |
| Net Profit Margin (%) | 5.99% | – |
| Basic EPS (₹) | ₹126.00 | – |
FY 2023
| Metric | FY 2023 | Y/Y Growth (%) |
|---|---|---|
| Total Revenue | ₹4,74,690 Cr | +35.99% |
| Total Expenses | ₹4,72,410 Cr | +40.73% |
| Profit after Tax (PAT) | ₹2,130 Cr | -81.76% |
| Operating Profit Margin (%) | 1.27% | – |
| Net Profit Margin (%) | 0.45% | – |
| Basic EPS (₹) | ₹10.00 | – |
FY 2022
| Metric | FY 2022 | Y/Y Growth (%) |
|---|---|---|
| Total Revenue | ₹3,49,060 Cr | +50.19% |
| Total Expenses | ₹3,35,690 Cr | +56.19% |
| Profit after Tax (PAT) | ₹11,680 Cr | -27.74% |
| Operating Profit Margin (%) | 4.60% | – |
| Net Profit Margin (%) | 3.36% | – |
| Basic EPS (₹) | ₹54.90 | – |
FY 2021
| Metric | FY 2021 | Y/Y Growth (%) |
|---|---|---|
| Total Revenue | ₹2,32,420 Cr | -18.88% |
| Total Expenses | ₹2,14,920 Cr | -24.04% |
| Profit after Tax (PAT) | ₹16,160 Cr | +429.07% |
| Operating Profit Margin (%) | 8.34% | – |
| Net Profit Margin (%) | 7.02% | – |
| Basic EPS (₹) | ₹81.90 | – |
FY 2020
| Metric | FY 2020 | Y/Y Growth (%) |
|---|---|---|
| Total Revenue | ₹2,86,500 Cr | -4.58% |
| Total Expenses | ₹2,82,940 Cr | -1.86% |
| Profit after Tax (PAT) | ₹3,060 Cr | -60.84% |
| Operating Profit Margin (%) | 2.17% | – |
| Net Profit Margin (%) | 1.07% | – |
| Basic EPS (₹) | ₹15.50 | – |
Analysis Summary
- Revenue Growth: BPCL demonstrated steady growth in total revenue from FY 2021 to FY 2023, with the highest increase of 50.19% in FY 2022. However, FY 2024 saw a slight decline of 5.13%, reflecting market challenges.
- Expense Management: Despite fluctuations, BPCL effectively managed its expenses in FY 2024, decreasing them by 12.17%.
- Profitability: PAT surged by a remarkable 1,160.36% in FY 2024 to ₹26,860 Cr, recovering strongly from the dip in FY 2023.
- Margins: The Net Profit Margin improved significantly to 5.99% in FY 2024, from 0.45% in FY 2023, highlighting enhanced cost efficiency.
- Earnings Per Share (EPS): Basic EPS showed a robust recovery, reaching ₹126.00 in FY 2024, a stark improvement from ₹10.00 in FY 2023.
How to Buy BPCL Shares
- Choose a Broker: Select a brokerage platform that provides BPCL shares for trading.
- Open a Trading Account: Set up a Demat and trading account with your chosen broker.
- Complete KYC: Submit required identity and address verification documents for KYC compliance.
- Deposit Funds: Transfer funds to your trading account.
- Search for BPCL Shares: Use the company name or ticker symbol to find BPCL shares on the platform.
- Place an Order: Specify the number of shares and select between a market or limit order.
- Confirm Purchase: Verify transaction details before confirming your order.
BPCL Share Price Target for the Next 5 Years
Bharat Petroleum Corporation Ltd (BPCL), a leading player in the energy sector, is poised for steady growth, driven by strategic initiatives, refining capacity enhancements, and its expansion into renewable energy. Below are the projected share price targets for BPCL for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹300 | ₹380 |
| 2025 | ₹480 | ₹560 |
| 2026 | ₹650 | ₹730 |
| 2027 | ₹830 | ₹910 |
| 2028 | ₹1,020 | ₹1,100 |
Shareholding Pattern of BPCL
Promoters:
- No. of Shares: 2,29,83,67,184
- Percentage: 52.98%
- % Change QoQ: 0.00%
FII (Foreign Institutional Investors):
- No. of Shares: 66,79,18,637
- Percentage: 15.39%
- % Change QoQ: +0.35%
DII (Domestic Institutional Investors):
- No. of Shares: 95,42,79,216
- Percentage: 22.00%
- % Change QoQ: +0.76%
MF (Mutual Funds):
- No. of Shares: 47,27,27,163
- Percentage: 10.90%
- % Change QoQ: +1.33%
Others:
- No. of Shares: 41,79,40,451
- Percentage: 9.62%
- % Change QoQ: -1.12%
Pros and Cons of BPCL Shareholding
Pros:
- Strong Promoter Holding: The promoters hold a significant 52.98% of the shares, ensuring strong control over the company.
- Increase in FII and DII Stakes: Both Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) have shown an upward trend, with FII increasing by 0.35% and DII by 0.76% QoQ. This indicates institutional confidence in BPCL.
- Growth in MF Holdings: Mutual funds have increased their stake by 1.33%, reflecting a positive outlook on BPCL’s future prospects.
Cons:
- Low “Others” Stake: The “Others” category, which includes retail and non-institutional investors, holds a smaller 9.62% of the total shares, signaling a relatively limited retail interest in the company.
- Stable Promoter Holding: The promoters have maintained their stake without any increase, which could be viewed as a lack of new investment or engagement in BPCL’s growth from its controlling shareholders.
Peer Competitors of BPCL in the Refineries Industry
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| Reliance Industries | 1295.70 | 1752299.84 |
| IOC | 136.96 | 193333.61 |
| BPCL | 293.85 | 127401.06 |
| HPCL | 379.60 | 80804.30 |
| MRPL | 153.56 | 26895.63 |
| CPCL | 609.45 | 9077.71 |
| Gandhar Oil Refineries | 207.33 | 2025.51 |
FAQ
1. What is BPCL?
Answer: BPCL (Bharat Petroleum Corporation Ltd) is a state-owned oil and gas company in India. It is involved in refining, marketing, and distribution of petroleum products. BPCL is one of India’s largest oil refining companies.
2. What is the current share price of BPCL?
Answer: As of the latest data, BPCL’s share price is ₹293.85.
3. What are the main products of BPCL?
Answer: BPCL’s main products include petrol, diesel, LPG, kerosene, aviation fuel, and petrochemicals. It also operates in the renewable energy sector.
4. Where are BPCL’s refineries located?
Answer: BPCL has two major refineries located in Mumbai (Maharashtra) and Kochi (Kerala). The company also has a network of over 15,000 retail outlets across India.
5. Is BPCL listed on the stock exchanges?
Answer: Yes, BPCL is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) in India.
6. What is BPCL’s market cap?
Answer: BPCL’s market capitalization is ₹127,401.06 crore.
7. What are BPCL’s future growth prospects?
Answer: BPCL is focusing on expanding its refining capacity and diversifying into renewable energy sources. The company is also investing in technology to enhance operational efficiency, which could drive future growth.
8. How can I buy shares of BPCL?
Answer: Shares of BPCL can be bought through a registered stockbroker on the BSE or NSE. Investors can also purchase shares through online trading platforms or brokers.
9. What is BPCL’s dividend yield?
Answer: BPCL has a dividend yield of 7.15%.
10. How has BPCL’s financial performance been in recent quarters?
Answer: BPCL reported a profit of ₹2,297.23 crore in the latest quarter, but its quarterly profit showed a decline of 71.62%. Sales for the quarter were ₹102,785.27 crore, a minor decrease of 0.25% compared to the previous quarter.
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