Hindustan Petroleum Corporation Limited (HPCL) announced its audited financial results for the quarter and year ended March 31, 2026, on May 13, 2026. The company reported a 133% year-on-year increase in standalone Profit After Tax for FY26 to ₹17,175.23 crore, compared to ₹7,364.86 crore in the previous year. Revenue from Operations for the full year stood at ₹4,78,543 crore, up from ₹4,66,346 crore in FY25. On a quarterly basis, Q4 FY26 standalone net profit stood at ₹4,901.50 crore, a 46% increase year-on-year. The Board of Directors recommended a Final Dividend of ₹19.25 per equity share (face value ₹10) for FY2025-26, subject to shareholder approval. The record date for the dividend has been fixed as August 14, 2026. This is in addition to the interim dividend of ₹5.00 per share already paid.

Standalone Financial Performance

HPCL's standalone EBITDA for FY2025-26 stood at ₹33,182 crore, with Q4 EBITDA at ₹9,915 crore. The Gross Refining Margin (GRM) before export cess improved significantly, with the full-year average GRM standing at US$8.79 per barrel compared to US$5.74 per barrel in FY2024-25. Q4 FY2025-26 GRM stood at US$14.27 per barrel. Outstanding debt declined to ₹47,599 crore, and the standalone debt-equity ratio improved to 0.80 times from 1.38 times. The company recognised five equal monthly instalments aggregating to ₹3,300 crore under 'Sale of Products' towards LPG under-recovery compensation. The following table summarises the key standalone financial metrics:

Operational Highlights

Refineries recorded their highest-ever crude throughput of 26.04 MMT during FY26, up 3.0% from 25.27 MMT in FY25, along with a highest-ever distillate yield of 75.8%. Visakh Refinery registered highest-ever crude throughput of 16.04 MMT, operating at 107% of its capacity. Mumbai Refinery registered highest-ever crude throughput of 10.00 MMT, operating at 105% of its capacity. In Q4 FY26, refineries recorded crude throughput of 6.43 MMT. The cumulative negative buffer (unrecognised) for the Corporation as of March 31, 2026 stood at ₹12,798.67 crore.

Consolidated Performance

On a consolidated basis, net profit for FY26 stood at ₹18,046.89 crore, a 168% increase from ₹6,735.70 crore in the previous year. Total income for FY2025-26 was ₹4,81,122.12 crore compared to ₹4,68,811.53 crore in FY2024-25. The share of profit from joint ventures and associates contributed ₹1,492.59 crore for the full year. The consolidated debt-equity ratio improved to 0.78 times from 1.30 times.

Hindustan Petroleum Corporation Limited has issued a public notice dated May 13, 2026, announcing a special window for shareholders to lodge transfer requests of physical shares. The notice, signed by Company Secretary Rakesh Kumar Singh, has been published in various newspapers and is also hosted on the company's official website at www.hindustanpetroleum.com . This communication follows earlier public notices issued on July 11, 2025, September 17, 2025, November 14, 2025, and March 23, 2026.

Special Window for Physical Share Transfers

Pursuant to SEBI Circulars dated July 02, 2025 and January 30, 2026, the company has granted an additional one-year opportunity to eligible shareholders for lodgement of physical share transfer requests. The key details of the special window are outlined below:

Eligibility Criteria

The special window is available to shareholders who fall under either of the following categories:

• Shareholders who missed lodging transfer requests for physical shares that were sold or purchased prior to April 01, 2019.
• Shareholders who had lodged their transfer deeds of physical shares prior to the deadline of April 01, 2019, but whose requests were rejected, returned, or not attended due to deficiency in documents or process, and who missed re-lodging their requests before the cut-off date of March 31, 2021.

During this special window period, shares lodged for transfer shall, upon approval, be issued only in demat mode. Due process shall be followed for all such transfer-cum-demat requests.

How to Submit Transfer Requests

Shareholders are requested to submit their transfer requests to the company's Registrar and Share Transfer Agent. The contact details are as follows:

The public notice has been issued from the company's Registered Office at Petroleum House, 17, Jamshedji Tata Road, Churchgate, Mumbai – 400 020, and has been communicated to both BSE Limited and National Stock Exchange of India Limited.