Bharat Petroleum Corporation Limited (BPCL.NS) stock analysis

In our weekly check, Bharat Petroleum Corporation Limited is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 16 pass, warnings: 4, red flags: 4.

About Bharat Petroleum Corporation Limited

Bharat Petroleum Corporation Limited is an Energy company (Oil & Gas Refining & Marketing) based in India, listed on NSE as BPCL.NS.

What our checks show for BPCL.NS

Red flags

• Profits not backed by cash
• The net margin is only 2.9%: little room if costs rise.
• The stock has fallen as much as 60% from a peak. Would you have held through that?
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• The net margin fell by 0.4 points over 5 years, to 2.9%: the company keeps less of each sale as profit.
• Analysts expect only about 0.7% a year of growth in revenue.
• Revenue grew only 4.8% a year over the last 3 years.
• Free cash flow is only 0% of revenue.

Strengths

• The gross margin is 9.8% and has risen by 1.3 points: pricing power is holding.
• Earnings per share grew 94.8% a year over the last 3 years.
• Net profit grew 95% a year over the last 3 years.
• The price is 7.7 times earnings (P/E), reasonable for its growth.
• A large company: market value $13.01 billion.
• Actively traded: about 4.9 million shares a day.

Similar companies

6505.TW · 5019.T · IOC.NS · HINDPETRO.NS · TUPRS.IS · PETRONET.NS

Questions

What grade does Bharat Petroleum Corporation Limited (BPCL.NS) have?

In our weekly check, Bharat Petroleum Corporation Limited is graded C (A to F). Of 24 checks on debt, profit, cash flow and trend: 16 pass, warnings: 4, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of BPCL.NS stock?

This week's biggest flags for Bharat Petroleum Corporation Limited: Profits not backed by cash, Thin margins, Deep past fall. In total 8 of 24 checks show a warning or a red flag.

What does Bharat Petroleum Corporation Limited do?

Bharat Petroleum Corporation Limited is an Energy company (Oil & Gas Refining & Marketing) based in India, listed on NSE as BPCL.NS.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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