• BPCL’s 4Q net income came in at 42.2 billion rupees, marking a 35% decrease year on year.
• The net income fell short of the estimated 53.42 billion rupees.
• Revenue totaled 1.32 trillion rupees, slightly down 0.8% year on year from the estimated 1.21 trillion rupees.
• Total costs remained the same as the last year’s at 1.25 trillion rupees.
• BPCL announced a dividend per share of 21 rupees.
• The company has set a plan to give one free share for every share held.
• June 22 has been set as the record date for the free share issue.
• The average gross refining margin for FY24 is recorded at $14.14 per barrel, which is a decrease compared to the $20.24 per barrel from the previous year.
• Currently, BPCL stock has 19 buys, 5 holds, and 9 sells.
A look at Bharat Petroleum Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores analysis, Bharat Petroleum Corp is positioned favorably for long-term growth and stability. With a strong emphasis on value, dividends, growth, and momentum, the company showcases a robust financial performance across various key factors. Bharat’s high scores in dividend and growth suggest a commitment to rewarding shareholders and a promising future trajectory in terms of expanding operations and revenue.
Although Bharat Petroleum Corp displays slightly lower resilience, its overall outlook remains positive due to the solid scores in crucial areas like momentum. The company’s strategic focus on value creation, consistent dividend payouts, and growth potential bode well for its sustained success in the competitive energy market.
### Bharat Petroleum Corporation Limited explores for and refines crude oil. The Company manufactures petroleum, petroleum products, lubricants, liquefied petroleum gas, aromatics like benzene and toluene, and other related products. Bharat has retail outlets throughout the country. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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