One of India’s largest state-owned oil and gas firms, Bharat Petroleum Corporation Limited (BPCL), has a sizable presence in the marketing and refining of petroleum products. Since BPCL is a publicly traded company, investors and analysts pay close attention to its share price, and discussions about its expected future performance are common.
The probable share price targets for BPCL between 2024 and 2030 are discussed in this article. We will look at a number of variables such as global oil prices, governmental regulations, and market trends that could affect the company’s financial performance and share price.
BHARAT PETROLEUM CORPORATION Q3 FY24 Result Highlight
- BPCL’s Q3 FY24 witnessed a remarkable surge in net profit by 82% to ₹3,181.42 crore.
- Revenue slightly declined, yet the company demonstrated robust operational fundamentals.
- Total expenses decreased, indicating efficient cost management practices.
- EBITDA reached ₹6,906.37 crore, showcasing BPCL’s focus on growth and operational excellence.
- The marketing margin stood at ₹3.5 per litre, reflecting adaptability to market dynamics.
- BPCL processed 9.86 million tonnes of crude oil into fuel, showcasing operational efficiency.
- The company recorded a net profit of ₹22,069.27 crore for the first nine months of FY24.
- Despite challenges, such as a decline in the average gross refining margin, BPCL’s financial results boosted investor confidence.
CLICK HERE TO KNOW: TATA POWER COMPANY SHARE PRICE TARGET 2024 TO 2030: CAN TATA POWER REACH 2000 INR?
BPCL SHARE PRICE TARGET 2024
CLICK HERE: BAJAJ HOLDINGS AND INVESTMENT LTD SHARE PRICE TARGET 2024 TO 2030: CAN BAJAJ HOLDINGS REACH 100000 INR?
BPCL SHARE PRICE TARGET 2025
CLICK HERE: SBI SHARE PRICE TARGET 2024 TO 2030: CAN SBI REACH 5000 INR?
BPCL SHARE PRICE TARGET 2026 TO 2030
BPC SHARE PRICE TARGET BY | Maximum Price | Minimum Price |
2026 | ₹652.69 | ₹548.78 |
2027 | ₹739.55 | ₹669.04 |
2028 | ₹857.74 | ₹515. |
2029 | ₹9,545.09 | ₹794.39 |
2030 | ₹1,183.68 | ₹812.30 |
FINANCIAL STRENGTH OF BPCL (2020 TO 2024)
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
Sales + | 284,572 | 230,171 | 346,791 | 473,187 | 448,083 |
Expenses + | 275,597 | 209,170 | 327,654 | 462,288 | 404,001 |
Operating Profit | 8,975 | 21,001 | 19,137 | 10,899 | 44,082 |
OPM % | 3% | 9% | 6% | 2% | 10% |
Other Income + | 1,393 | 7,489 | 4,939 | 2,036 | 3,033 |
Interest | 2,637 | 1,723 | 2,606 | 3,745 | 4,149 |
Depreciation | 4,080 | 4,334 | 5,434 | 6,369 | 6,771 |
Profit before tax | 3,652 | 22,432 | 16,037 | 2,821 | 36,194 |
Tax % | 0% | 23% | 27% | 24% | 26% |
Net Profit + | 3,666 | 17,320 | 11,682 | 2,131 | 26,859 |
EPS in Rs | 7.04 | 37.26 | 26.93 | 4.91 | 61.91 |
Dividend Payout % | 106% | 102% | 29% | 40% | 17% |
From March 2020 to March 2024, the financial performance of the company showed significant fluctuations. Sales saw a notable increase, starting at ₹284,572 crore in March 2020, peaking at ₹473,187 crore in March 2023, before slightly declining to ₹448,083 crore in March 2024. Expenses mirrored this trend, rising from ₹275,597 crore to ₹462,288 crore and then reducing to ₹404,001 crore. Operating profit initially rose from ₹8,975 crore in March 2020 to ₹21,001 crore in March 2021, but experienced volatility, ending at ₹44,082 crore in March 2024. The Operating Profit Margin (OPM) varied significantly, peaking at 10% in March 2024.
Other income showed variability, peaking at ₹7,489 crore in March 2021. Interest expenses increased from ₹2,637 crore in March 2020 to ₹4,149 crore in March 2024, while depreciation consistently rose from ₹4,080 crore to ₹6,771 crore over the same period. Profit before tax fluctuated significantly, with a notable peak of ₹36,194 crore in March 2024. The tax rate also varied, ranging from 0% in March 2020 to 26% in March 2024.
Net profit followed a similar pattern, peaking at ₹26,859 crore in March 2024 after a low of ₹2,131 crore in March 2023. Earnings per share (EPS) increased from ₹7.04 to ₹61.91, reflecting overall growth despite interim fluctuations. Dividend payout ratios decreased from a high of 106% in March 2020 to 17% in March 2024, indicating a strategic shift towards retaining earnings for growth and reinvestment.
CLICK HERE TO KNOW: BANK OF BARODA SHARE PRICE TARGET 2024 TO 2030:CAN BOB REACH 3000 INR?
FAQ’s
What are the main products of BPCL?
BPCL produces a range of petroleum products, including petrol, diesel, LPG, lubricants, and aviation turbine fuel.
Is BPCL a profitable company?
Yes, BPCL is a profitable company. However, its profitability has varied in recent years due to factors such as fluctuating oil prices and changes in government policies.
What is the Price Prediction BPCL for 2025?
The Minimum Price Prediction for 2025 is expected to be ₹264.99, while the Maximum is anticipated to reach ₹404.65.
What is the Price Prediction BPCL for 2030?
BPCL is expected to reach ₹1,183.68 by the end of 2030.
CONCLUSION: BHARAT PETROLEUM CORPORATION SHARE PRICE TARGET
BPCL has demonstrated a mixed performance in terms of income growth, PAT, revenue growth, and profit growth based on financial data from the last five years. The corporation has had both negative and positive growth rates in its revenue growth. The PAT growth rate has also been erratic in a similar way. However, BPCL consistently has a lower operating profit margin and net profit margin than its rivals in the sector.
For investors who are prepared to assume greater risk in exchange for potentially larger rewards, purchasing shares of BPCL may be a wise move. Before making any investment decisions, it is crucial to conduct due diligence and evaluate the market dynamics, corporate strategy, and competitive environment. It is advised to speak with a financial expert.
Leave a Reply