Hindustan Petroleum Share News - Latest Updates, Live News & More

More news about Hindustan Petroleum

HPCL confirms continuance of existing statutory auditors per C&AG advice

HPCL continues existing statutory auditors as advised by C&AG. Advisory received on September 8, 2026. Compliance with SEBI LODR Regulations and Companies Act 2013. No change in the current audit firm arrangement.

03Sept 26

Hindustan Petroleum to host investor meet at UBS India Summit on Sep 11

Hindustan Petroleum to host senior management at investor meet on September 11, 2026. Meeting is part of UBS India Summit 2026 organized by UBS Securities India Pvt. Ltd. Physical event scheduled for 2:00 pm onwards in Mumbai. Company states no unpublished price-sensitive information will be discussed.

01Sept 26

Hindustan Petroleum executive director Subodh Batra retires on September 1

Subodh Batra ceases as Executive Director effective September 1, 2026. Reason for departure cited as superannuation. Disclosure made under SEBI LODR Regulation 30.

27Aug 26

HPCL AGM voting results: Dividend approved, board reshuffle faces dissent

Shareholders approved ₹19.25 per share final dividend for FY26 with 99.21% support. Board reshuffle resolutions faced 13-16% dissent, driven by institutional investors. Promoter group voted unanimously in favour of all eight ordinary resolutions. Public institutions showed significant opposition to new director appointments. Related-party transactions with HPCL-Mittal Energy approved with 97.84% support.

17Aug 26

Hindustan Petroleum accepts resignation of executive director Amol Taori

Hindustan Petroleum Corporation Ltd announced the exit of Amol Babulal Taori from its board and senior management. Taori, who served as Executive Director for International Trade, left on August 17, 2026, to join Power Grid Corporation of India Limited as Director (Finance). The move aligns with a directive from the Ministry of Power dated August 12, 2026. The company filed the disclosure under SEBI LODR Regulation 30.

05Aug 26

HPCL management to attend Motilal Oswal investor conference on Aug 18

Hindustan Petroleum Corporation Limited will hold a physical investor meet on August 18, 2026, at the Motilal Oswal 22nd Annual Global Investor Conference in Mumbai. Senior management will participate, but no unpublished price-sensitive information will be discussed. The move complies with SEBI LODR Regulation 30.

05Aug 26

HPCL schedules senior management analyst meet in Mumbai on August 14

Hindustan Petroleum Corporation Ltd will participate in the Emkay Confluence 2026 investor conference on August 14, 2026, in Mumbai. Senior management will engage with analysts starting at 2:00 PM IST. The company confirmed that no unpublished price-sensitive information will be disclosed during the session, adhering to SEBI regulations.

04Aug 26

Hindustan Petroleum proposes ₹19.25 dividend at 74th AGM on August 26

HPCL's 74th AGM on August 26, 2026, focuses on approving a ₹19.25 per share final dividend for FY25. With a dividend record date of August 14, 2026, and e-voting eligibility cut-off on August 19, 2026, shareholders must ensure KYC compliance with DPs or RTA MUFG Intime to receive payouts electronically.

03Aug 26

Hindustan Petroleum Corporation Limited Submits Business Responsibility and Sustainability Report for FY 2025-26

Hindustan Petroleum Corporation Limited filed its BRSR for FY 2025-26, reporting a paid-up capital of INR 2,127.82 Crore, gross turnover of ₹476411.29 Crore, and net worth of ₹59847.09 Crore. The company achieved 241 MW of renewable energy capacity, 19.94% ethanol blending, energy savings of 86,542 SRFT, and a GHG reduction of 0.28 MTCO2e at its refineries during the year, while maintaining its Net Zero Scope 1 and Scope 2 by 2040 ambition. R&D expenditure stood at INR 579.41 Crore, with 100% directed at environmental and social impact technologies, and 59.42% of inputs were sourced sustainably. The BRSR Core disclosures received reasonable assurance from SR Asia, covering metrics including GHG, water, energy, waste, employee well-being, and gender diversity.

02Aug 26

HPCL Latest Results: Record PAT ₹17,175 crore, sales 51.45 MMT in FY26

Hindustan Petroleum Corporation Limited reported a record standalone PAT of ₹17,175 crore in FY 2025-26, more than doubling from ₹7,365 crore in the previous year, driven by robust refining margins (GRM of US$8.79/bbl) and highest-ever sales of 51.45 MMT. Revenue from operations stood at ₹4,78,543 crore and EBITDA reached ₹33,182 crore. The Board recommended a total dividend of ₹24.25 per share (interim ₹5.00 + final ₹19.25), with a payout ratio of 30.04%. Key milestones included commissioning of the world's first LC-Max based Residue Upgradation Facility at Visakh Refinery, near-completion of the HRRL greenfield refinery project, and expansion of the retail network to 25,098 outlets.

01Aug 26

HPCL accepts resignation of Exec Director Ramakrishnan Subramanian

Hindustan Petroleum Corporation Limited announced the acceptance of Shri Ramakrishnan Subramanian's resignation as Executive Director - HSE (Marketing) due to superannuation. The change is effective August 01, 2026. The disclosure complies with SEBI Regulation 30, ensuring stakeholders are informed of this senior management transition.

30Jul 26

HPCL posts ₹12,265 crore loss in Q1FY27 on higher costs

Hindustan Petroleum Corporation Limited reported a consolidated net loss of ₹12,265 crore for Q1FY27, contrasting with a profit of ₹4,111 crore in Q1FY26. Revenue increased to ₹1,45,126 crore driven by a rise in Average Gross Refining Margin to US $23.80 per barrel. Strategic highlights include the commercial operation of HRRL and the launch of the Samriddhi 2.0 efficiency program.

08Jul 26

HPCL appoints Smt. Srividya Venkataraman as CFO

Hindustan Petroleum Corporation Limited has appointed Smt. Srividya Venkataraman as Director – Finance and CFO effective July 07, 2026, succeeding Shri K Vinod. Venkataraman brings over three decades of experience from BPCL, where she managed treasury, taxation, and mobilized ₹30,000 crore in project finance. The Board approved the appointment, updating the Key Managerial Personnel list for regulatory disclosures.

25Jun 26

HPCL appoints Srividya Venkataraman as Director – Finance

Hindustan Petroleum Corporation Limited has appointed Smt. Srividya Venkataraman as Director – Finance for five years effective June 24, 2026, following a Ministry of Petroleum & Natural Gas directive. She brings over 30 years of experience from the energy sector, having previously served as Executive Director - Corporate Treasury at BPCL. Shri K S Shetty has ceased to hold the additional charge of Director – Finance.

24Jun 26

HPCL JV HRRL refinery achieves commercial operations on Jun 22, 2026

HPCL's joint venture HRRL refinery achieved commercial operations on June 22, 2026, as confirmed by Lead Banker SBI. Production of BS-VI HSD, LPG, Petcoke, and Naphtha has resumed, with sales of LPG and Petcoke already underway.

20Jun 26

HPCL sets September 11 deadline to claim unclaimed dividends

Hindustan Petroleum Corporation Limited has announced a deadline of September 11, 2026, for shareholders to claim unclaimed dividends from FY 2018-19 to FY 2025-26. Failure to claim will result in the transfer of shares and dividends to the IEPF Authority under the Companies Act, 2013. Shareholders must update KYC details and submit claims to the RTA, M/s. MUFG Intime India Pvt. Ltd., before the deadline.

13Jun 26

HPCL sets ₹19.25 final dividend, outlines TDS rates for FY26

Hindustan Petroleum Corporation Limited has recommended a final dividend of ₹19.25 per share for FY26, with a record date of August 14, 2026. The company outlined specific TDS rates: 10% for residents with valid PAN, 20% for invalid PAN, and 20% plus surcharge and cess for non-residents. Residents with dividends under ₹10,000 are exempt, while those above must submit Form 121 - Annexure 1. Documents for tax exemptions must be submitted by July 31, 2026.

06Jun 26

ONGC holds 54.90% stake in HPCL for FY26

Oil and Natural Gas Corporation Limited disclosed its shareholding in Hindustan Petroleum Corporation Ltd for the financial year ended 31.03.2026. ONGC held 1,16,82,68,062 equity shares, representing 54.90% of HPCL's total paid-up share capital, with no encumbrances reported during the period.

04Jun 26

Morgan Stanley Bullish on Indian OMCs, Names Hindustan Petroleum as Top Pick Amid Energy Security Tailwinds

Morgan Stanley has turned bullish on Indian oil marketing companies, naming Hindustan Petroleum Corporation as its top pick. The brokerage cites energy security policies as a key driver supporting dependable energy supplies and improved fuel availability in the post-oil shock environment. Fuel retailers are identified as the biggest beneficiaries of these developments, with staggered fuel price hikes historically marking valuation bottoms for the sector.

02Jun 26

HPCL appoints K Vinod as CFO following Rajneesh Narang's superannuation

Hindustan Petroleum Corporation Limited appointed Shri K Vinod as Chief Financial Officer (CFO) effective June 01, 2026, succeeding Shri Rajneesh Narang who superannuated on May 31, 2026. Shri K S Shetty, Director-Human Resources, has been given the additional charge of Director-Finance for three months or until a regular appointment is made. The company updated its list of authorized Key Managerial Personnel for disclosures under SEBI regulations effective June 01, 2026.

02Jun 26

HPCL executive directors retire on superannuation effective June 01, 2026

Hindustan Petroleum Corporation Limited disclosed the retirement of two Executive Directors, Shri Sanjay Kumar and Shri Ramesh Krishnan, due to superannuation effective June 01, 2026, in a filing to stock exchanges.

26May 26

HPCL management to attend BofA conference on June 2

Hindustan Petroleum Corporation Limited will attend the 2026 India Conference by BofA Securities in Mumbai on June 2, 2026. The senior management team will participate in the physical meeting. The company confirmed that no unpublished price sensitive information will be discussed.

26May 26

HPCL senior management to attend India Investment Forum 2026

Hindustan Petroleum Corporation Limited announced its senior management team will participate in the India Investment Forum 2026 organized by Morgan Stanley. The physical meeting is scheduled for June 3, 2026, in Mumbai. The company confirmed no unpublished price sensitive information will be discussed during the conference.

20May 26

HPCL files Q4FY26 conference call transcript

Hindustan Petroleum Corporation Limited filed the transcript for its Q4FY26 conference call held on May 13, 2026. The disclosure complies with SEBI Regulation 30 and provides access to the earnings discussion.

14May 26

HPCL FY26 Net Profit Surges 133% to ₹17,175 Crore

HPCL reported a 133% YoY rise in FY26 standalone net profit to ₹17,175.23 crore, driven by improved GRMs and operational efficiency. Consolidated net profit surged 168% to ₹18,046.89 crore. The Board declared a final dividend of ₹19.25 per share with a record date of August 14, 2026.

13May 26

HPCL Issues Public Notice on Special Window for Physical Share Transfer Requests Under SEBI Circular

Hindustan Petroleum Corporation Limited issued a public notice on May 13, 2026, announcing a special window from February 05, 2026 to February 04, 2027 for shareholders to lodge physical share transfer requests under SEBI Circulars dated July 02, 2025 and January 30, 2026. The window covers shareholders who missed the April 01, 2019 transfer deadline or whose earlier requests were rejected and could not be re-lodged before March 31, 2021. All shares approved during this period will be issued exclusively in demat mode. Shareholders must submit their requests to M/s. MUFG Intime India Pvt. Ltd., the company's Registrar and Share Transfer Agent.

05May 26

Hindustan Petroleum Corporation Limited: Shri Vivekananda Biswal Ceases as Independent Director Effective May 05, 2026

Shri Vivekananda Biswal (DIN: 00977767) has ceased to be an Independent Director of Hindustan Petroleum Corporation Limited effective May 05, 2026, following the completion of his tenure on May 04, 2026. The change was disclosed under Regulation 30 read with Schedule III Part A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal intimation was submitted to BSE Limited and the National Stock Exchange of India Limited by Company Secretary Rakesh Kumar Singh.

02May 26

HINDPETRO senior management changes with Chief Risk Officer designation effective May 01, 2026

Hindustan Petroleum Corporation Limited has announced changes in its senior management team effective May 01, 2026, involving the Chief Risk Officer position. Shri Krushna Mahapatra is stepping down due to superannuation, while Shri Sitaram G Taparia has been designated as the new Chief Risk Officer with additional charge of IFS. The announcement was made in compliance with SEBI Regulation 30 and formally communicated to BSE and NSE.

25Apr 26

HPCL Provides Update on HRRL Refinery Fire Incident Recovery and Timeline

Hindustan Petroleum Corporation Limited updated stock exchanges on restoration progress following the April 20, 2026 fire incident at HRRL refinery. Detailed investigations confirmed localized damage to 6 heat exchangers caused by suspected leakage from pressure gauge tapping point. Restoration work is progressing with CDU restart anticipated in second fortnight of May 2026 and trial production of main products expected within May 2026.

24Apr 26

Hindustan Petroleum Receives ESG Rating from ESG Risk Assessments & Insights Limited

Hindustan Petroleum Corporation Limited disclosed on April 23, 2026, that ESG Risk Assessments & Insights Limited has assigned an ESG rating to the company. The disclosure was made under SEBI Regulation 30, with the company clarifying that it did not engage the rating agency and that the assessment was conducted independently. The rating details are available on the ESG Risk Assessments & Insights Limited website.

13Apr 26

Nomura Analysis: Higher Windfall Tax on Fuel Exports Benefits Oil Marketing Companies, HPCL Positioned to Gain

Nomura's analysis reveals that higher windfall tax on diesel and ATF exports will benefit oil marketing companies, with HPCL particularly positioned to gain due to its 40% sourcing from standalone refiners. While refiners may sell at lower post-tax export prices, the sector continues facing weak margins of -$2.20, -$7.30, and -$18.50 per barrel for IOCL, BPCL, and HPCL respectively.

03Apr 26

HPCL Submits SEBI Compliance Certificate for Quarter Ended March 31, 2026

Hindustan Petroleum Corporation Limited filed its compliance certificate under SEBI Depositories Regulations for Q4 FY26, confirming adherence to dematerialization requirements. The certificate was issued by registrar MUFG Intime India Private Limited and submitted to BSE and NSE on April 03, 2026. The filing demonstrates HPCL's commitment to regulatory compliance and transparent corporate governance practices.

28Mar 26

HPCL Announces Cessation of Two Independent Directors Following Tenure Completion

Hindustan Petroleum Corporation Limited announced the cessation of two Independent Directors, Shri Bechan Lal and Smt. Sharda Singh Kharwar, effective March 28, 2026, following completion of their tenure on March 27, 2026. The state-owned oil marketing company communicated this board composition change to BSE and NSE in compliance with SEBI listing regulations. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring proper regulatory compliance and transparency in corporate governance.

24Mar 26

HPCL Appoints Alok Tripathi as Government Nominee Director for Three-Year Term

Hindustan Petroleum Corporation Limited has appointed Shri Alok Tripathi as Government Nominee Director effective March 23, 2026, for a three-year term as directed by the Ministry of Petroleum & Natural Gas. Tripathi, currently Joint Secretary at MoP&NG, brings extensive civil services experience and has previously served on the Board of Numaligarh Refinery Limited during two separate tenures. The appointment complies with SEBI regulations and strengthens HPCL's Board with additional petroleum sector expertise.

23Mar 26

HPCL Announces Special Window for Physical Share Transfer Requests Following SEBI Circular

Hindustan Petroleum Corporation Limited has announced a special one-year window from February 05, 2026 to February 04, 2027 for shareholders to lodge physical share transfer requests. The initiative follows SEBI circulars and addresses shareholders who missed earlier transfer deadlines or faced procedural challenges. Approved transfers will be issued only in demat mode through the company's registrar MUFG Intime India Private Limited.

17Mar 26

Brokerages Slash HPCL Targets: HSBC Cuts to ₹360, Kotak to ₹235 Amid Oil Concerns

Multiple brokerages have taken bearish stances on Hindustan Petroleum Corporation Limited, with HSBC downgrading to Hold and cutting target price 42% to ₹360, while Kotak Institutional Equities reiterates Sell with target reduced 30% to ₹235. Both cite elevated crude oil prices, geopolitical risks, and OMCs' inability to pass through higher costs due to pricing constraints.

15Mar 26

HPCL Announces Cessation of Independent Director K S Narendiran

Hindustan Petroleum Corporation Limited announced the cessation of Independent Director Shri K S Narendiran (DIN: 10070865) effective March 15, 2026, following completion of his tenure on March 14, 2026. The company informed BSE and NSE about this directorate change in compliance with SEBI listing regulations.

10Mar 26

HPCL Announces Board Changes with New Government Nominee Director Appointment

Hindustan Petroleum Corporation Limited announced board changes effective March 10, 2026, with two Government Nominee Directors ceasing their positions and Shri Vikram Saxena being appointed as the new Government Nominee Director. Saxena, who serves as Director (Technology & Field Services) at ONGC, brings over 35 years of E&P experience and will serve a three-year term. The changes follow Ministry of Petroleum & Natural Gas directives and comply with SEBI listing requirements.

01Mar 26

Hindustan Petroleum Corporation Limited Announces Senior Management Change Effective March 01, 2026

Hindustan Petroleum Corporation Limited announced the superannuation of Shri Rajesh Mehtani, Executive Director (I/C) – Aviation, effective March 01, 2026. The disclosure was made to BSE and NSE in compliance with SEBI listing regulations. Company Secretary Rakesh Kumar Singh signed the official communication from the company's Mumbai headquarters.

17Feb 26

HPCL Schedules Investor-Analyst Meeting for February 24, 2026 at Mumbai Corporate Office

Hindustan Petroleum Corporation Limited has scheduled an investor and analyst meeting for February 24, 2026, at its Mumbai Corporate Office starting from 11:30 AM. The meeting, coordinated with Kotak Securities Limited, will feature senior management interactions with investors and analysts. The company has confirmed that no unpublished price sensitive information will be discussed, ensuring regulatory compliance under SEBI regulations.

04Feb 26

HPCL Reschedules Analysts and Investors Meeting to February 5, 2026

Hindustan Petroleum Corporation Limited has rescheduled its analysts and investors meeting from February 4 to February 5, 2026, with the timing changed from 4:00 PM to 3:00 PM. The meeting will be held at the company's Mumbai corporate office in coordination with PL Capital Group - Prabhudas Lilladher, with the company confirming no price sensitive information will be discussed.

01Feb 26

Hindustan Petroleum Corporation Limited Announces Senior Management Change Effective February 01, 2026

Hindustan Petroleum Corporation Limited announced the retirement of Shri Udit Nandi, Head - Operations & Commissioning at Rajasthan Refinery Project Site, effective February 01, 2026 due to superannuation. The disclosure was made in compliance with SEBI listing regulations and communicated to stock exchanges through the company secretary.

30Jan 26

HPCL Invests Rs. 2 Crores in Maraal Aerospace for Solar-Powered Drone Development

HPCL has invested Rs. 2 crores in IIT Kanpur-incubated startup Maraal Aerospace through its HP Udgam initiative, signing the agreement on January 29, 2026, during IEW 2026 at Goa. The partnership focuses on developing India's first solar-powered long endurance drone with 12-hour flight capability, 150 km range, and applications in defense, surveillance, and disaster management. The collaboration strengthens India's clean-energy aerospace ecosystem and indigenous innovation capabilities.

30Jan 26

HPCL and IGX Sign Strategic MoU to Enhance Access to Chhara LNG Terminal in Gujarat

Hindustan Petroleum Corporation Limited and Indian Gas Exchange Limited signed a strategic MoU during India Energy Week 2026 to enhance access to HPCL's Chhara LNG Terminal in Gujarat. The collaboration involves developing a digital platform for transparent booking of regasification services, aimed at improving infrastructure utilization and market efficiency. This partnership represents a significant step in strengthening India's gas market architecture and accelerating natural gas adoption across key sectors.

30Jan 26

HPCL Partners with Thermax Limited for Clean Energy Technology Development

Hindustan Petroleum Corporation Limited and Thermax Limited have signed a strategic MoU at India Energy Week 2026 in Goa for joint development of clean energy technologies. The partnership focuses on HP AEM Electrolyzers, CO2 capture solutions, and bio-pyrolysis oil processing, combining HPCL's R&D capabilities with Thermax's engineering strengths. The collaboration supports India's energy transition and reinforces both organizations' commitment to the "Make in India" initiative through scalable, indigenous energy solutions.

29Jan 26

HPCL and Oil India Limited Sign Strategic MoU for Compressed Bio-Gas Project Development

Hindustan Petroleum Corporation Limited and Oil India Limited signed a strategic MoU at India Energy Week 2026 to develop a Compressed Bio-Gas project using HPCL's indigenous HP RAMP technology. The partnership combines HPCL's technological expertise with OIL's operational capabilities to promote waste-to-energy solutions. This collaboration aligns with India's energy transition objectives by supporting circular economy principles, reducing carbon emissions, and strengthening the domestic bio-energy ecosystem through indigenous technological solutions.

29Jan 26

HPCL Issues Clarification Denying Venezuelan Crude Oil Procurement Reports

Hindustan Petroleum Corporation Limited has formally denied media reports about seeking Venezuelan crude oil procurement, stating no negotiations have taken place. The company described the reports as incorrect and out of context, emphasizing full regulatory compliance and attributing any stock movements to general market conditions rather than undisclosed information.

28Jan 26

HPCL Clarifies Non-Binding MoU with Castrol India for Re-Refined Base Oil Ecosystem Development

HPCL has clarified its non-binding MoU with Castrol India Limited for developing re-refined base oil ecosystem in India, emphasizing no immediate operational or financial impact. The company stated the arrangement creates only a framework for future collaboration discussions and has no material impact on operations, with any share price movements being purely market-driven.

23Jan 26

Hindustan Zinc Shares Hit Record High as Silver Rally Drives 6% Surge

Hindustan Zinc shares surged 6% to a record high of ₹709.95 on January 23, driven by silver prices hitting all-time peaks amid geopolitical tensions. The company reported exceptional Q3FY26 results with net profit rising 46.5% to ₹3,879 crore and revenue growing 27.5% to ₹10,922 crore. Silver contributed 44% of EBIT, highlighting its strategic importance. IIFL Capital maintains an 'ADD' rating with ₹712 target price, citing strong operational performance and structurally higher silver prices as key growth drivers.

23Jan 26

HPCL Executes ₹19.62 Crore Block Trade on NSE at ₹427.95 Per Share

Hindustan Petroleum Corporation Ltd. executed a major block trade on NSE worth ₹19.62 crores involving 458,420 shares at ₹427.95 per share. The transaction demonstrates significant institutional activity in the oil marketing company's stock through specialized trading mechanisms designed for large-volume trades.

22Jan 26

Hindustan Zinc, Hindustan Copper Shares Decline as Silver Prices Fall and ETFs Tumble

Hindustan Zinc and Hindustan Copper shares declined significantly on January 22, with Hindustan Zinc falling around 4% and Hindustan Copper dropping up to 5% from daily highs. The decline was driven by silver prices on MCX falling over 2% and silver ETFs experiencing steep losses of 10-14%. Concerns over leveraged positions in silver ETFs, which have increased multi-fold over 38 sessions since December 1, added to market pressure despite global silver prices not seeing comparable declines.

22Jan 26

Hindustan Zinc Appoints Sandeep Vasant Kadam as Part-Time Official Director

Hindustan Zinc has appointed Mr. Sandeep Vasant Kadam as the new Part-Time Official Director, effective January 19, 2026. He will replace Mr. Dinesh Mahur in this board position. The appointment represents a planned leadership transition within the company's governance structure.

21Jan 26

HPCL Reports Strong Q3FY26 Performance with 35% Jump in Net Profit to ₹4,072 Crore

Hindustan Petroleum Corporation Limited reported exceptional Q3FY26 results with net profit jumping 34.70% to ₹4,072.49 crore and total income rising 4.82% to ₹1,25,169.47 crore. Nine-month net profit surged to ₹12,273.73 crore from ₹4,009.88 crore in the previous year. The company benefited from improved gross refining margins of US $6.91 per barrel and government compensation of ₹1,320 crore for LPG under-recoveries.

20Jan 26

HPCL Promotes 9 Employees to Executive Director Positions Across Key Business Divisions

Hindustan Petroleum Corporation Limited announced the promotion of 9 employees to Executive Director positions with immediate effect on January 20, 2026. The internal promotions cover key business areas including retail operations across zones, engineering projects, marketing and brand management, aviation, industrial consumers, and refinery operations. All appointees bring strong technical backgrounds in mechanical and civil engineering, with several holding advanced qualifications in finance and management.

14Jan 26

HPCL Board Meeting on January 21 and Conference Call on January 22 for Q3FY26 Results

Hindustan Petroleum has scheduled its board meeting for January 21, 2026 to consider Q3FY26 unaudited financial results, followed by a conference call on January 22, 2026 at 11:00 AM IST hosted by Antique Stock Broking Limited featuring senior management including CMD Vikas Kaushal and other key executives.

05Jan 26

HPCL Executes ₹60.24 Crore Block Trade on NSE at ₹500 Per Share

Hindustan Petroleum Corporation Limited completed a major NSE block trade worth ₹60.24 crores, involving approximately 1,204,746 shares at ₹500 per share. This substantial transaction indicates significant institutional investor activity in the oil refining sector and represents considerable capital movement through block trading mechanisms.

05Jan 26

HPCL Commissions World's First LC-Max Unit At Vizag Refinery With Strong Financial Impact

Hindustan Petroleum successfully commissioned its Residue Upgradation Facility featuring the world's first LC-Max technology at Vizag Refinery, with 3.55 MMTPA capacity achieving 93% conversion of bottom oils to high-value products. The facility is projected to significantly improve GRMs, with every $1/bbl increase expected to boost EBITDA by 3% and PAT by 5% in FY27, while enhancing the refinery's Nelson Complexity Index to 11.60.

10Dec 25

HPCL Receives ESG Rating of 65 in Aspiring Category from NSE Sustainability Analytics

Hindustan Petroleum Corporation Limited has been assigned an ESG rating of 65 in the Aspiring Category by NSE Sustainability Ratings and Analytics Limited for fiscal year 2023-2024. The company disclosed this to stock exchanges on December 10, 2025, clarifying that the rating was independently prepared by the agency based on publicly available data without any engagement from HPCL.

15Nov 25

Hindustan Zinc Expands into Critical Minerals with Tungsten Mining License in Andhra Pradesh

Hindustan Zinc, a Vedanta Group company, has obtained a composite license for tungsten exploration and mining in Andhra Pradesh through a competitive auction. This strategic move marks the company's expansion beyond zinc, lead, and silver into critical minerals essential for advanced manufacturing. The acquisition aligns with Hindustan Zinc's diversification strategy and could enhance its market position in the critical minerals sector. Tungsten, known for its high melting point and hardness, is crucial for aerospace, defense, and high-tech industries.

04Nov 25

HPCL Announces Rs 5 Interim Dividend for FY 2025-26, Sets November 4 as Last Purchase Date

Hindustan Petroleum Corporation Ltd (HPCL) has announced an interim dividend of Rs 5 per equity share for FY 2025-26. The dividend represents 50% of the face value of Rs 10 per share. Key dates include a last purchase date of November 4, 2025, a record date of November 6, 2025, and a credit date on or before November 27, 2025. Several other companies, including Nippon Life India Asset Management, Share India Securities, TD Power Systems, and Vaibhav Global, have also declared interim dividends with the same record date.

01Nov 25

Hindustan Petroleum Sets Ambitious Financial Targets Amidst Under Recovery Payments

Hindustan Petroleum Corporation Limited (HPCL) has announced financial targets including an EBITDA goal of ₹40,000 crore and expected under recovery payments of ₹7,920 crore over the next 12 months. Of this, ₹3,300 crore is projected to impact FY26. The company recently held a conference call to discuss quarterly results and announced the superannuation of Shri Ganesh P Gaikwad, Executive Director - CPO, effective November 01, 2025.

01Nov 25

Hindustan Petroleum Corporation Announces Retirement of Executive Director

Hindustan Petroleum Corporation Limited (HPCL) has informed stock exchanges about the retirement of Shri Ganesh P Gaikwad, Executive Director - CPO, effective November 01, 2025. The company also announced the availability of an audio recording from a recent conference call and upcoming participation in the Nirmal Bang Institutional Equities Annual Investor Conference on November 07, 2025, in Mumbai.

29Oct 25

HPCL Reports Robust Q2 Performance, Declares Dividend, and Pursues Multi-Asset Expansion Strategy

Hindustan Petroleum Corporation Limited (HPCL) announced strong Q2 results with a 507% increase in net profit to ₹3,830.37 crore. The company's Gross Refining Margin improved to $5.95 per barrel. HPCL declared an interim dividend of ₹5 per share. The company is pursuing expansion plans including a Rajasthan refinery and petrochemical integration. HPCL-Mittal Energy has stopped purchasing Russian oil due to new sanctions.

29Oct 25

HPCL Reports Strong Refinery Performance and Aviation Growth in Q2 Despite Mixed Overall Results

HPCL's Q2 results show a 12.37% decrease in net profit to ₹3,830.37 crore and an 8.18% decline in revenue to ₹1,09,802.96 crore compared to Q1. Despite this, the company's year-over-year performance improved significantly. Refinery operations were strong with gross refining margins at $8.80 per barrel. The aviation division outperformed the industry with 6.1% growth. HPCL maintained robust operational metrics and declared an interim dividend of ₹5 per share.

28Oct 25

HPCL Secures CRISIL AA+/Stable Rating for Proposed Rs 5,000 Crore Non-Convertible Debentures

Hindustan Petroleum Corporation Limited (HPCL) has been assigned a CRISIL AA+/Stable rating by CRISIL Ratings for its proposed Non-Convertible Debentures (NCDs) worth Rs 5,000 crore. The rating indicates a high degree of safety regarding timely servicing of financial obligations. This strong credit rating could potentially benefit HPCL by boosting investor confidence, securing favorable borrowing terms, and providing greater financial flexibility. However, HPCL has recently faced operational challenges at its Mumbai Refinery due to high salt and chloride content in crude oil from the B-80 Mumbai Offshore oilfield.

27Oct 25

HPCL Faces Operational Challenges at Mumbai Refinery Due to High-Salt Crude Oil

Hindustan Petroleum Corporation Limited (HPCL) reported significant operational problems at its Mumbai Refinery after processing crude oil with exceptionally high salt and chloride content. The crude, sourced from the B-80 Mumbai Offshore oilfield, caused corrosion in downstream units, suboptimal outputs, and reduced production. HPCL has notified stock exchanges, communicated with the supplier, and plans to pursue claims and damages. The company is implementing measures to restore normal operations at the refinery.

23Oct 25

Hindustan Zinc's Silver Hedge Misses Mark as Prices Soar to Multi-Year Highs

Hindustan Zinc faces challenges as silver prices soar to multi-year highs, surpassing the company's hedging strategy. The company hedged 131 tonnes of silver at $37.00 per ounce, representing 34% of estimated production for H2 FY2024. However, current silver prices have reached around $50.00 per ounce, resulting in a missed opportunity for higher profits. Factors driving the silver rally include tightening supply, rising gold prices, increased industrial demand, and market perception of silver being undervalued. The company's stock price has declined 40% from its peak, reflecting investor concerns about the hedging strategy's impact.

06Oct 25

HPCL Maintains BBB- Credit Rating and Integrates 5,350 EV Chargers into Kazam App

Fitch Ratings has reaffirmed Hindustan Petroleum Corporation Limited's (HPCL) credit rating at 'BBB-' with a stable outlook. This rating, the lowest investment-grade on Fitch's scale, suggests HPCL's adequate capacity to meet financial commitments. The stable outlook indicates Fitch's expectation of HPCL maintaining its current financial and operational performance in the near to medium term. This reaffirmation reflects HPCL's consistent financial performance and operational stability in the challenging oil and gas sector.

16Sept 25

HPCL Secures Fuel Supply from Nayara Energy

Hindustan Petroleum Corporation Limited (HPCL) has entered into a supply arrangement with Nayara Energy for gasoline and gasoil, according to an Indian government source. The agreement aims to enhance HPCL's fuel inventory and distribution capabilities. While specific volumes and terms remain undisclosed, this collaboration could potentially improve fuel availability for HPCL's retail network, enhance supply chain efficiency, and possibly stabilize fuel prices for consumers.

02Sept 25

HPCL Seeks ₹8,000 Crore Government Support Amid Significant LPG Losses

Hindustan Petroleum Corporation Limited (HPCL) reported losses of ₹11,000 crore in its LPG segment for the previous financial year, with an additional ₹2,000 crore loss in Q1 of the current fiscal year. The company is seeking ₹8,000 crore in government support to offset these losses. HPCL also disclosed that 13% of its crude oil was sourced from Russia in Q1, indicating a diversification in its procurement strategy.

01Sept 25

HPCL Executes Rs. 19.22 Crore Block Trade on NSE

Hindustan Petroleum Corporation Ltd. (HPCL) conducted a block trade on the National Stock Exchange (NSE) involving 506,895 shares at Rs. 379.20 per share, totaling Rs. 19.22 crores. The transaction highlights significant trading activity in HPCL's stock and may indicate institutional interest or repositioning in the oil and gas sector.

22Aug 25

HPCL's 73rd AGM: Key Resolutions Passed, New Leadership Appointed

Hindustan Petroleum Corporation Limited (HPCL) held its 73rd Annual General Meeting via video conferencing with 165 shareholders participating. All 13 proposed resolutions were passed, including the adoption of financial statements and declaration of a Rs 10.50 per share dividend. Key appointments included Vikas Kaushal as Chairman & Managing Director and four new Independent Directors. Shareholders approved material related party transactions with HMEL and HINCOL. The meeting demonstrated strong corporate governance practices with remote e-voting and transparent processes.

08Aug 25

HPCL: Russian Oil Sanctions Would Have Minimal Impact on Earnings

HPCL reports that potential US secondary sanctions on Russian crude purchases will not significantly affect the company's earnings. Russian crude comprises only 13% of HPCL's refining portfolio in Q1, down from last year due to economic reasons. The company has received no government directives to avoid Russian oil and continues to make economically-driven purchasing decisions. HPCL's Q1 financial results show revenue of ₹120,135 crore and profit after tax of ₹4,371 crore.

07Aug 25

HPCL Reports Strong Q1 Performance, Board Approves ₹100 Billion Borrowing Limit

Hindustan Petroleum Corporation Limited (HPCL) reported robust Q1 results with EBITDA rising to ₹76 billion and net profit surging to ₹43.70 billion. The company achieved a refinery throughput of 6.66 MMT, operating at 109% capacity. Market sales reached a record 13.04 MMT. HPCL's board approved a borrowing limit of ₹100 billion. The company launched strategic initiatives for efficiency improvement and continued its sustainability efforts.

07Aug 25

HPCL Reports Stellar Q1 Performance with Net Profit Soaring 1,128% to ₹4,371 Crore

Hindustan Petroleum Corporation Limited (HPCL) announced a significant increase in net profit for Q1, rising 1,128% year-on-year to ₹4,370.87 crore. Total income stood at ₹1,20,657.65 crore. EBITDA reached ₹8,124.00 crore, with earnings per share rising to ₹20.54. Operationally, crude throughput increased by 15.6% to 6.66 MMT, with refineries operating above capacity. Marketing operations saw record sales of 13.04 MMT. HPCL has launched strategic initiatives including Project Samriddhi for margin improvement and Project Abhyuday for increased outlet throughput. The company is also focusing on digital transformation and sustainability efforts.

04Aug 25

HPCL to Host Conference Call on Q1 FY26 Earnings on August 8

Hindustan Petroleum Corporation Limited (HPCL) has scheduled a conference call on August 8, 2025, at 11:00 AM IST to discuss its Q1 FY26 earnings. The call will be hosted by Antique Stock Broking Limited and feature key executives including the Chairman & Managing Director and Director of Finance. Participants can join via universal access numbers or international toll-free numbers. HPCL has assured that no unpublished price sensitive information will be shared during the call.

04Aug 25

HPCL Shares Rebound After Signing 10-Year LNG Supply Deal with Abu Dhabi's ADNOC Gas Subsidiary

Hindustan Petroleum Corporation Ltd. (HPCL) has entered into a 10-year liquefied natural gas (LNG) supply agreement with Abu Dhabi Gas Liquefaction Company (ALNG), a subsidiary of ADNOC Gas. The LNG will be delivered to HPCL's Chhara LNG terminal in Gujarat, supporting the company's refineries, city gas distribution network, and downstream customers. This agreement is seen as a strategic move to secure long-term LNG supply and support India's energy transition efforts. Despite the news, HPCL's shares experienced some volatility, trading at ₹400.10, down 0.92% intraday, with a 10% decline over the past month.

02Aug 25

HPCL Secures 10-Year LNG Supply Agreement with Abu Dhabi's ALNG

Hindustan Petroleum Corporation Limited (HPCL) has signed a Heads of Agreement with Abu Dhabi Gas Liquefaction Company (ALNG), a subsidiary of ADNOC Gas, for a 10-year LNG supply. The agreement involves LNG delivery to the Chhara LNG Terminal in Gujarat, intended to meet demand for HPCL's refineries, City Gas Distribution Network, and downstream customers. This partnership strengthens Indo-UAE energy ties and supports India's energy transition goals.

01Aug 25

HPCL Halts Russian Crude Oil Purchases from Spot Market

Hindustan Petroleum Corporation Limited (HPCL) has decided to stop purchasing Russian crude oil from the spot market. This strategic shift in oil procurement could lead to supply chain adjustments and potential financial implications for the company. The decision comes amid global oil market volatility and changing geopolitical dynamics. Separately, HPCL announced upcoming changes in its top management, with Shri V Murali set to superannuate and Shri Rakesh Kumar Singh appointed as the new Company Secretary & Compliance Officer, effective August 1, 2025.

31Jul 25

HPCL Appoints Rakesh Kumar Singh as New Company Secretary & Compliance Officer

Hindustan Petroleum Corporation Limited (HPCL) has announced that Shri Rakesh Kumar Singh will assume the role of Company Secretary & Compliance Officer from August 1, 2025, following the superannuation of Shri V Murali. Singh, currently Joint Company Secretary at HPCL, brings over 20 years of experience in the secretarial domain. He has previously worked with organizations such as Zuari Industries Limited, GMR Group, and Reliance Industries Limited. HPCL has also updated its list of Key Managerial Personnel authorized for determining materiality of events and making disclosures to stock exchanges.

29Jul 25

HPCL to Evaluate Non-Convertible Debenture Issuance, Board Meeting Scheduled

Hindustan Petroleum Corporation Limited (HPCL) has scheduled a board meeting for August 07, 2025, to discuss Q1 financial results and potential issuance of Non-convertible Debentures (NCDs) for fundraising. The company has closed its trading window until August 09, 2025, for insiders. HPCL also announced its 73rd Annual General Meeting for FY 2024-25, providing web access to the Integrated Annual Report for shareholders with unregistered email addresses.

22Jul 25

Hindustan Petroleum Executes Rs. 43.21 Crore Block Trade on NSE

Hindustan Petroleum Corporation Ltd. (HPCL) conducted a block trade of 1,005,657 shares at Rs. 429.65 per share on the NSE, totaling Rs. 43.21 crore. The company has scheduled its 73rd Annual General Meeting for August 22, 2025, to be held virtually. HPCL reminds shareholders to update their KYC details and provides instructions for accessing AGM documents and participating in e-voting.

15Jul 25

HPCL Shares Worth Rs. 22.89 Crores Traded in Block Deal

Hindustan Petroleum Corporation Ltd. (HPCL) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 524,397 shares at Rs. 436.45 each, totaling Rs. 22.89 crores. This large, privately negotiated deal could potentially impact HPCL's ownership structure and market dynamics. The identities of the buyer and seller remain undisclosed.

14Jul 25

HPCL Shares: Major Block Trade Worth Rs. 33.61 Crores Executed on NSE

Hindustan Petroleum Corporation Ltd. (HPCL) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 778,904 HPCL shares, valued at Rs. 33.61 Crores, with each share priced at Rs. 431.55. This large-scale trade, typically associated with institutional investors or major stakeholders, has drawn attention in the oil and gas sector. While the identities of the parties involved remain undisclosed, such trades can influence short-term stock price movements and trading volumes.

09Jul 25

HPCL Among Top Picks in Oil & Gas Sector, Strong Q1 Ebitda Expected

Hindustan Petroleum Corporation Limited (HPCL) has been selected as a top stock pick in the oil and gas sector by Dolat Capital. The brokerage firm expects HPCL, along with BPCL and IOCL, to report strong Q1 Ebitda figures due to higher gross marketing margins on petrol and diesel. LPG under-recovery has decreased by 37% quarter-on-quarter, potentially boosting profitability. The government plans to increase excise duty on petrol and diesel by Rs 2 per liter from April 2025, which may impact the sector.

08May 25

HPCL Unveils Ambitious Plans for Product Upgrades and Refinery Expansion

Hindustan Petroleum Corporation Limited (HPCL) has unveiled plans to upgrade low-value products and expand refinery operations. The company aims to increase its Gross Refining Margin by $2.00-$3.00 through product upgrades. HPCL is also enhancing pipeline connectivity for its Barmer refinery to improve market reach. The company projects a 20-25% incremental growth and a minimum growth of 25-30% in volume. These initiatives are expected to boost HPCL's profitability and market share in the competitive oil and gas sector.

07May 25

HPCL's Rajasthan Refinery Set for 2026 Launch, Eyeing USD 20.00 per Barrel GRM

Hindustan Petroleum Corporation Limited (HPCL) plans to start operations of its new petrochemical unit at the Rajasthan refinery in January 2026. The company projects a Gross Refining Margin (GRM) of USD 20.00 per barrel, significantly higher than industry averages of USD 5.00 to USD 10.00. This strategic move aims to diversify HPCL's product portfolio and enhance profitability by integrating petrochemical production with refining operations.

07May 25

HPCL's New 9 MTPA Rajasthan Refinery Set to Start Operations by 2025

Hindustan Petroleum Corporation Limited (HPCL) is set to expand its refining capacity with a new 9 Million Tonnes Per Annum (MTPA) refinery in Rajasthan. The refinery is expected to start crude processing operations by 2025, marking a significant expansion in HPCL's infrastructure. This strategic move aims to enhance HPCL's operational efficiency, market competitiveness, and ability to meet India's growing energy demands.

06May 25

HPCL Outperforms Industry with 2.7% Growth in Domestic Sales

Hindustan Petroleum Corporation Limited (HPCL) reported a 2.7% year-on-year increase in domestic sales volume, surpassing the industry average of 2.4%. The company's marketing segment showed exceptional performance, indicating effective strategies, operational efficiency, and strong brand presence. This growth suggests HPCL is potentially gaining market share against competitors in the Indian oil and gas sector.

06May 25

HPCL Reports Strong Q4 GRM, Sees Significant Profit Surge in FY2024

Hindustan Petroleum Corporation Limited (HPCL) announced impressive financial results for Q4 and FY2024. Q4 saw a Gross Refining Margin of $8.44 per barrel, with net profit soaring 471.44% to ₹3,022.90 crore. For FY2024, HPCL achieved an average GRM of $5.74 per barrel and reported a net profit of ₹16,014.60 crore, marking a significant turnaround from the previous year's loss. The company's EPS for FY2024 reached ₹112.89, recovering strongly from negative figures in FY2023.

06May 25

HPCL Reports 11% Profit Growth in Q4 FY25, Declares Final Dividend

Hindustan Petroleum Corporation Limited (HPCL) posted strong Q4 FY25 results with net profit rising 11% to ₹3,355.00 crore, despite a 0.5% decrease in revenue to ₹10.90 lakh crore. EBITDA declined 2.8% to ₹5,804.00 crore. The company declared a final dividend of ₹10.50 per share for FY25, demonstrating financial stability and shareholder value focus.

06May 25

HPCL Stock Dips Ahead of Q4 Results; Company Reappoints Independent Director

HPCL's stock is declining as Q4 earnings approach, with analysts predicting a 27% drop in net profit to ₹2,220.00 crore and flat revenue at ₹1,11,000.00 crore. However, Q1 of the new fiscal year shows improved fundamentals due to falling crude prices and rupee appreciation. HPCL has reappointed Shri Vivekananda Biswal as an Independent Director for one year starting May 05, 2025, following a directive from the Ministry of Petroleum and Natural Gas.

30Apr 25

HPCL Bolsters Energy Security with ADNOC Trading LNG Supply Agreement for Chhara Terminal

Hindustan Petroleum Corporation Limited (HPCL) has signed its first LNG Trading Supply Agreement with ADNOC Trading. The LNG will be received at the Chhara LNG Terminal in Gujarat, which has a regasification capacity of 5.00 MMTPA and features two LNG tanks with 400,000 cubic meters storage capacity. This agreement aims to meet HPCL's captive demand and market to other customers in India. Additionally, HPCL issued Rs. 2,500 crores worth of debentures on April 29, 2025, maturing in 2030 with a 6.73% coupon rate.

29Apr 25

HPCL Raises ₹2,500 Crore Through Non-Convertible Debentures

Hindustan Petroleum Corporation Limited (HPCL) has successfully raised ₹2,500 crore by issuing non-convertible debentures on April 29, 2025. The unsecured, redeemable debentures have a face value of ₹1,00,000 each, totaling 2,50,000 securities. With a coupon rate of 6.73% per annum and a 5-year tenure, the debentures will mature on April 29, 2030. The funds will be used for refinancing existing borrowings, funding capital expenditure, and other business purposes. The debentures will be listed on BSE and NSE, with annual coupon payments scheduled over the 5-year period.