Hindustan Petroleum Corporation Limited (HINDPETRO) Earnings Call Transcripts

Hindustan Petroleum Corporation Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Hindustan Petroleum Corporation Limited (HPCL) reported a revenue of INR 123,000 crores, reflecting a 4.5% increase year-over-year, and a PAT of INR 4,901 crores, up 46% from the previous year. The company achieved a record annual PAT of INR 17,175 crores, a 233% increase compared to FY '25, exceeding previous bests. Management indicated that while Q1 FY '27 is expected to be challenging due to high crude prices and low product prices, they remain focused on maintaining supply and managing costs effectively.

Reported metrics

Guidance from management

Management expects Q1 FY '27 to be challenging with potential losses due to high crude prices and low product prices. They did not provide specific guidance due to market volatility.

What management said

Thank you, Swapnali. A very good afternoon, everyone. It's my pleasure to welcome all the participants on this call and the top management of HPCL this afternoon for the discussion on the fourth quarter results. From HPCL, we have Mr. Vikas Kaushal, Chairman, Managing Director; Mr. Rajneesh Narang, Director Finance; Mr. S. Bharathan, Director Refineries; and Mr. K Vinod, Executive Director, Corporate Finance. I'll ...

Yes, I said in the call. We will not be giving any forward-looking guidance. I think that there is a number which public domain is fair. That was maybe a directional level given by the Honorable Minister. I lead a listed company. Momenta gave a guidance on an analyst call, which is recorded doing that, I have to be sure of the numbers. Given the volatile situation in 2 or 3 instances, we have said that we are uncomfo...

What analysts pressed on

Analysts expressed concerns about the sustainability of margins in the current volatile environment and the potential for further losses in Q1 FY '27. There were also questions regarding the impact of high LPG losses on overall profitability.

Main topics on the call

• Record Annual Performance — HPCL's annual PAT reached INR 17,175 crores, marking a 233% increase from last year and surpassing the previous record of INR 14,654 crores. Management stated, "This is 17% higher than the previous best HPCL has ever rec...
• Supply Chain Management — Management emphasized their success in maintaining supply during recent disruptions, stating, "We have fully secured the crude for a long period of time." This was crucial given the geopolitical uncertainties affecting c...
• Cost Management Initiatives — HPCL achieved cost savings of INR 1,591 crores, exceeding their initial guidance of INR 1,000 crores. Management noted, "The actual achievement for the year was INR 1,591 crores, of which INR 947 crores was one-time and ...
• Debt Reduction — The company's debt-equity ratio improved significantly from 1.63 to 0.8, well below their guidance of 1.1. This was attributed to strong financial performance and effective cost management.

Read the full Hindustan Petroleum Corporation Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 20 Hindustan Petroleum Corporation Limited earnings call transcripts on record, spanning November 5, 2020 to July 23, 2026. Based on this history, Hindustan Petroleum Corporation Limited reports quarterly. The most recent call on file is dated July 23, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

HINDPETRO

Exchange

NSEI

Country

IN

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

20

First call

November 5, 2020

Most recent

July 23, 2026

Reporting cadence

quarterly