Hindustan Petroleum Corporation Ltd (HPCL) has declared an interim dividend of Rs 5 per equity share for the financial year 2025-26. This announcement comes as part of a series of dividend declarations by several companies, all sharing the same record date.

Dividend Details

Key Dates for Shareholders

Shareholders should note that November 4, 2025, is the final date to purchase HPCL shares to be eligible for this dividend. The record date is set for November 6, 2025, with markets closed on November 5 for Guru Nanak Gurpurab.

Other Companies Announcing Dividends

Several other companies have also declared interim dividends with the same record date of November 6, 2025:

Investors interested in these dividends should ensure they complete their share purchases by the respective last purchase dates, which may vary for each company.

This wave of dividend announcements provides an opportunity for investors to potentially benefit from multiple dividend payouts. However, it's important for shareholders to consider their investment strategies and tax implications when making decisions based on these dividend declarations.

Hindustan Petroleum Corporation Limited (HPCL), a major player in India's oil and gas sector, has announced significant financial expectations and targets, signaling a strategic focus on growth and recovery.

Under Recovery Payments and EBITDA Target

HPCL has shared its financial outlook, highlighting two key aspects:

The company expects to receive ₹7920.00 crore in under recovery payments over the next 12 months. Notably, ₹3300.00 crore of this amount is projected to impact the financial year 2026 (FY26).

Understanding Under Recovery

Under recovery in the oil and gas sector typically refers to the financial losses incurred by oil marketing companies when they sell fuel below the market price. The government often compensates these companies for such losses, which is likely the case with HPCL's expected payments.

Ambitious EBITDA Target

In a move that underscores its growth aspirations, HPCL has set a target to achieve an EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of ₹40000.00 crore. This target reflects the company's confidence in its operational efficiency and market position. However, the specific timeline for achieving this EBITDA goal has not been disclosed.

Recent Corporate Updates

While not directly related to the financial targets, it's worth noting that HPCL has recently announced changes in its senior management. As per the company's LODR (Listing Obligations and Disclosure Requirements) filing:

• Shri Ganesh P Gaikwad, who held the position of Executive Director - CPO, has superannuated effective November 01, 2025.

This change in the senior leadership team may have implications for the company's strategic direction and operational execution as it works towards its financial goals.

Investor Communication

Hindustan Petroleum continues to maintain transparency with its investors. The company recently held a conference call on October 31, 2025, to discuss its quarterly results. The audio recording of this call has been made available on the company's website, allowing investors and analysts to gain deeper insights into HPCL's performance and future outlook.

As Hindustan Petroleum navigates the complex landscape of the oil and gas industry, its financial targets and management changes will be closely watched by investors and industry observers alike. The company's ability to achieve its ambitious EBITDA target while managing under recovery payments will be crucial in determining its financial health and market position in the coming years.