Bharat Petroleum Corporation Ltd (NSE: BPCL) Share Price: Government company Bharat Petroleum Corporation Ltd has announced its quarterly results. Bharat Petroleum Corporation Ltd’s net profit has declined.
The company’s net profit has declined by 71 percent on an annual basis. Bharat Petroleum Corporation Ltd’s net profit from April to June 2024 was Rs 3015 crore.
Increase In Company’s Cost
The gross refining margin of the country’s third-largest refinery fell to $ 7.86 per barrel. A year ago it was $ 12.64 per barrel.
Let us tell you, that due to the increase in crude oil prices, Bharat Petroleum Corporation Ltd’s cost has increased by 17 percent.
The Company Has Already Distributed Free Bonus Shares
The company traded as an ex-bonus stock only last month. Then the company gave one share bonus on one share.
The company has already given the gift of bonus shares to investors 3 times before this. For the first time, the company gave 1 share for 1 share to Bharat Petroleum Corporation Ltd as a bonus in 2012.
For the third time this year, and again in the year 2017 for the 3rd time, the government company issued bonus shares.
The Company Has Also Been Giving Dividends
Bharat Petroleum Corporation Ltd is also giving dividends to investors at regular intervals. The company last gave dividends in 2023.
Then the company gave a dividend of Rs 21 per share. This year, the company hasn’t yet announced dividends.
The company’s share had fallen even before the quarterly results came out. The company’s share closed at Rs 303.80 with a decline of 4.48 percent on BSE.
During the last year, the company’s share prices have seen a rise of 60 percent. Let us tell you, the government’s stake in the company is 53 percent.
Bharat Petroleum Corporation Stock Performance
| Current Price | ₹ 305 |
| 52-wk High | ₹ 344 |
| 52-wk Low | ₹ 166 |
| 5 Days Return | -1.40% |
| 1 Month Return | -2.44% |
Key Fundamentals Parameters
| Market Cap | ₹ 1,31,804 Cr. |
| Stock P/E | 6.76 |
| Book Value | ₹ 174 |
| Dividend | 3.46 % |
| ROCE | 32.1 % |
| ROE | 41.9 % |
| Face Value | ₹ 10.0 |
| P/B Value | 1.74 |
| OPM | 7.52 % |
| EPS | ₹ 43.9 |
| Debt | ₹ 54,599 Cr. |
| Debt to Equity | 0.72 |
Bharat Petroleum Corporation Shareholding Pattern
| Promoters Holding | |
| June 2023 | 52.98% |
| Sept 2023 | 52.98% |
| Dec 2023 | 52.98% |
| Mar 2024 | 52.98% |
| Jun 2024 | 52.98% |
| FII Holding | |
| Jun 2023 | 12.55% |
| Sep 2023 | 13.01% |
| Dec 2023 | 14.21% |
| Mar 2024 | 16.79% |
| Jun 2024 | 15.04% |
| DII Holding | |
| Jun 2023 | 23.10% |
| Sep 2023 | 22.53% |
| Dec 2023 | 22.13% |
| Mar 2024 | 21.30% |
| Jun 2024 | 21.31% |
| Govt. Holding | |
| Jun 2023 | 0.94% |
| Sep 2023 | 0.94% |
| Dec 2023 | 0.94% |
| Mar 2024 | 0.94% |
| Jun 2024 | 0.94% |
| Public Holding | |
| Jun 2023 | 10.12% |
| Sep 2023 | 10.21% |
| Dec 2023 | 9.44% |
| Mar 2024 | 8.00% |
| Jun 2024 | 9.73% |
| Others | |
| June 2023 | 0.32% |
| Sept 2023 | 0.32% |
| Dec 2023 | 0.32% |
| Mar 2024 | 0.00% |
| Jun 2024 | 0.00% |
Bharat Petroleum Corporation Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 284,572 Cr |
| 2021 | ₹ 230,171 Cr |
| 2022 | ₹ 346,791 Cr |
| 2023 | ₹ 473,187 Cr |
| 2024 | ₹ 448,193 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ 3,666 Cr |
| 2021 | ₹ 17,320 Cr |
| 2022 | ₹ 11,682 Cr |
| 2023 | ₹ 2,131 Cr |
| 2024 | ₹ 19,056 Cr |
Conclusion
This article provides a detail guide about Bharat Petroleum Corporation Ltd share.
The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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