What we do Hindustan Petroleum Corporation Limited refines crude oil and markets petroleum products including fuel, LPG, lubricants, and petrochemicals across India and abroad. |
Founded in 1,952 |
Market share Second largest oil refining & marketing PSU in India with strong market presence and extensive retail network. |
Problem solved Provides energy solutions meeting growing domestic demand, ensuring fuel availability, energy security, and transition towards cleaner fuels. |
Top clients or who we serve Serves large retail consumers, commercial clients, government agencies, airlines, and industrial customers in B2C and B2B segments. |
Key management Vikas Kaushal (Chairman & Managing Director), Rajneesh Narang (Director Finance), Amit Garg (Director Marketing) with top industry expertise. |
Our journey and innovations Founded in 1952, nationalized in 1974; expanded refineries; pioneered clean fuel technologies, advanced R&D, and green energy initiatives. |
Where we operate Primarily India with subsidiaries and exports to Middle East, Africa, South Asia, and parts of South America. |
Top products or what we offer Petrol, Diesel, LPG, Aviation Fuel, Lubricants, Petrochemicals, CNG, EV charging, and renewable energy products. |
Top brands CLUB HP (retail outlets), HP LPG, Racer lubricants #1 in commercial automotive lubricants, HP DURAPOL petrochemicals, HP GAS FLAME PLUS. |
Raw materials needed Crude oil sourced globally; natural gas and chemicals for petrochemicals and lubricants production. |
Raw materials supplier Supplied mainly by global crude oil producers from Middle East, Africa, Russia, and Americas. |
Recurring vs cyclical contribution Majority recurring revenue from fuel sales and marketing; cyclical factors impact refining margins and exports. |
Our industry position Strong leadership among Indian oil PSUs; expanding refining capacity and retail footprint to consolidate market position. |
Financial highlights FY2024-25 standalone revenue approx. ₹4,64,247 crore; PAT ₹7,365 crore; refinery throughput 25.27 MMT; sales 49.82 MMT. |
Geographical revenue split India contributes over 98% of revenue; exports and overseas operations under 2%. |
Order book Ongoing projects include refinery expansion, LPG plants, pipeline infrastructure, and renewable energy ventures. |
Whats driving growth Capacity expansions, clean fuel initiatives, retail network growth, digital innovation, and green energy adoption. |
Our future plans Commission new refineries, expand natural gas infrastructure, increase renewable energy projects, scale CNG/EV services. |
Our green promise Net zero target by 2040; extensive solar adoption, biofuel projects, methane recovery, and environmental conservation efforts. |
Our people and values Over 8000 employees, fostering integrity, innovation, safety culture, and diversity with strong CSR commitment. |
Key challenges ahead Managing under-recovery on subsidized fuels, regulatory risks, fluctuating crude prices, and transitioning to clean energy. |
Interesting facts First Indian PSU refinery with BS-IV fuel production; largest LPG cavern project underway; leader in commercial automotive lubricants. |
Risks and strategy Mitigates operational and market risks via diversified crude sourcing, technology upgrades, financial prudence, and strategic partnerships. |