Hindustan Petroleum Corporation Limited has filed the transcript for its Q4FY26 conference call. The disclosure was made to the stock exchanges on May 19, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call was conducted on Wednesday, May 13, 2026, at 02:00 p.m. IST. The company had previously intimated the exchanges regarding the schedule of this call through a letter dated May 06, 2026.

Conference Call Details

The transcript provides a detailed record of the management's discussion on the financial performance for the quarter. Shareholders and investors can access the official document through the link provided by the company.

The submission was signed by Rakesh Kumar Singh, Company Secretary of Hindustan Petroleum Corporation Limited. The filing is intended for the information and records of the exchanges and investors.

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.