BHARAT PETROLEUM

INTRODUCTION

Bharat Petroleum Corporation Ltd(BPCL), with its impressive network exceeding 15,000
petrol stations, represents a vital part of our everyday lives, fuelling journeys, powering
industries, and in many ways, keeping the nation moving forward. Exploring the wide-reaching
world of BPCL reveals a steady dedication to its goals, a well-planned growth strategy, and a
relentless drive that has always been focused on reaching new heights. In 2017, BPCL was
honoured with the prestigious ‘Maharatna’ status by the Government of India. It’s a reflection
of BPCL’s critical role in India’s development and its reliable presence in our lives

Public finance
Public finance refers to the management of financial resources by the government or its
agencies. Bharat Petroleum Corporation Limited (BPCL) is a state-controlled oil and gas
company in India, and as such, its financial activities can intersect with public finance in several
ways:
1. Government Ownership : Bharat Petroleum is a government-owned corporation, and
therefore its financial performance and decisions can have implications for public finance. The
government may have a vested interest in BPCL's profitability, dividend payments, and capital
expenditures.
2. Taxation and Revenue : BPCL, like other corporations, contributes to public finance through
various forms of taxation, including corporate income tax, excise duties, and sales taxes. The
company's financial performance affects the tax revenue collected by the government.
3. Subsidies and Grants : Governments often provide subsidies or grants to companies in certain
sectors, including the oil and gas industry, to support specific policy objectives such as energy
security or affordability. BPCL may receive subsidies or grants from the government, which
can impact public finances.
4. Investments and Divestments : The government may decide to invest in or divest from BPCL
as part of its broader economic policies. These transactions can have significant financial
implications for both the government and the company, affecting public finance.
5. Public Sector Borrowing : Public sector companies like BPCL may access financial markets
to raise capital through bonds or other debt instruments. The terms of these borrowings,
including interest rates and repayment schedules, can influence public finance.
6. Regulatory Framework : Government regulations and policies, such as pricing controls or
environmental regulations, can impact BPCL's financial performance and investment
decisions. These regulations are often designed to achieve broader public policy objectives.
7. Infrastructure Development : BPCL's activities, such as the construction of refineries or
pipelines, can contribute to infrastructure development, which is often supported by public
finance through government funding or partnerships.
8. Social Responsibility : As a government-owned entity, BPCL may be expected to contribute
to social welfare programs or initiatives, either directly or through partnerships with
government agencies or non-profit organizations. These contributions can have implications
for public finance.
Overall, Bharat Petroleum's financial activities are closely intertwined with public finance due
to its status as a state-controlled corporation operating in the oil and gas sector within India's
regulatory framework. Understanding these connections is essential for policymakers,
investors, and other stakeholders interested in both BPCL's financial performance and broader
public finance matters.

Corporate finance
Corporate finance for Bharat Petroleum Corporation Limited (BPCL) involves managing the
company's financial resources to achieve its strategic objectives and maximize shareholder
value. Here are some key aspects of BPCL's corporate finance:
1. Capital Structure Management : BPCL determines the optimal mix of debt and equity
financing to fund its operations and growth initiatives while balancing costs, risks, and tax
considerations. This involves assessing the company's capital requirements, evaluating various
financing options, and maintaining an appropriate debt-to-equity ratio.
2. Investment Decisions : BPCL evaluates potential investment opportunities, including capital
expenditures, acquisitions, and strategic partnerships, to enhance its competitive position and
generate long-term returns. These decisions are based on factors such as projected cash flows,
risk analysis, and alignment with the company's business strategy.
3. Dividend Policy : BPCL establishes a dividend policy that reflects its financial performance,
capital needs, and shareholder preferences. The company may distribute dividends to
shareholders as a form of return on their investment, considering factors such as profitability,
cash flow generation, and investment opportunities.
4. Risk Management : BPCL identifies, assesses, and mitigates various financial risks,
including market risk, credit risk, liquidity risk, and operational risk. This involves
implementing risk management strategies, such as hedging, insurance, and diversification, to
protect the company's financial health and stability.
5. Financial Planning and Forecasting : BPCL develops financial plans and forecasts to guide
its budgeting, resource allocation, and performance monitoring processes. These projections
help the company anticipate future cash flows, identify potential challenges, and make
informed financial decisions.
6. Corporate Governance : BPCL adheres to corporate governance principles and regulations
to ensure transparency, accountability, and ethical conduct in its financial operations. This
includes maintaining effective internal controls, providing accurate and timely financial
reporting, and safeguarding shareholder interests.
7. Capital Markets Engagement : BPCL interacts with capital markets to raise funds, manage
investor relations, and enhance its access to capital. This may involve issuing debt or equity
securities, conducting roadshows and investor conferences, and communicating the company's
financial performance and strategic initiatives to stakeholders.
Overall, effective corporate finance management is essential for BPCL to optimize its financial
structure, allocate resources efficiently, and create long-term value for shareholders. By
carefully managing its capital, investments, dividends, risks, and governance practices, BPCL
can strengthen its financial position and sustain its growth in the dynamic energy sector..

Personal finance
Personal finance for individuals associated with Bharat Petroleum Corporation Limited
(BPCL) involves managing their financial resources effectively to achieve their financial goals
and secure their financial well-being. This includes:

1. Budgeting : Creating a budget to track income and expenses, including salary from BPCL,
and ensuring that spending aligns with financial goals.
2. Saving and Investing : Setting aside a portion of income for savings and investments, such
as retirement funds, mutual funds, or other investment vehicles to build wealth over time.
3. Insurance : Securing appropriate insurance coverage, including health insurance, life
insurance, and other types of insurance to mitigate financial risks and protect against
unforeseen circumstances.
4. Debt Management : Managing debt responsibly, including loans, mortgages, or credit card
debt, by making timely payments and minimizing interest costs.
5. Tax Planning : Optimizing tax strategies, taking advantage of tax-saving investments, and
ensuring compliance with tax regulations to maximize tax efficiency.
6. Retirement Planning : Planning for retirement by contributing to retirement funds, such as
the Employees' Provident Fund (EPF) or other pension schemes, and considering additional
retirement savings options to ensure a comfortable retirement.
7. Financial Goals : Setting specific financial goals, such as buying a home, education
expenses, or starting a business, and developing a plan to achieve these goals within a specified
timeframe.
8. Continuous Learning : Staying informed about financial concepts, investment opportunities,
and changes in regulations to make informed financial decisions and adapt to changing
circumstances.
By implementing sound personal finance practices, individuals associated with Bharat
Petroleum can enhance their financial security, achieve their financial goals, and build long-
term wealth.
Social Finance
Bharat Petroleum Corporation Limited (BPCL) engages in social finance initiatives to
contribute positively to society and address various social and environmental challenges. This
involves allocating financial resources towards projects and programs that have a tangible
social impact, beyond its core business activities. Some aspects of BPCL's social finance
include:
1. Corporate Social Responsibility (CSR) : BPCL implements CSR initiatives aimed at
promoting education, healthcare, environmental sustainability, and community development in
areas where it operates. This may involve funding education scholarships, healthcare facilities,
renewable energy projects, or infrastructure development in underserved communities.
2. Community Development : BPCL invests in projects that uplift local communities by
providing employment opportunities, skills development training, and support for small-scale
enterprises. These initiatives contribute to socioeconomic development and poverty alleviation
in surrounding areas.
3. Environmental Conservation : BPCL allocates funds towards environmental conservation
efforts, such as reforestation projects, pollution control measures, and initiatives to reduce
carbon emissions. By promoting sustainable practices and investing in clean technologies,
BPCL mitigates its environmental impact and contributes to a greener future.
4. Stakeholder Engagement : BPCL engages with stakeholders, including local communities,
NGOs, government agencies, and other industry partners, to identify social finance priorities
and collaborate on impactful projects. This collaborative approach fosters transparency,
accountability, and shared value creation.
5. Disaster Relief and Rehabilitation : BPCL provides financial assistance and resources for
disaster relief and rehabilitation efforts in times of natural disasters, such as floods, cyclones,
or earthquakes. These initiatives help affected communities recover and rebuild their lives.
6. Social Impact Investing : BPCL may explore social impact investing opportunities, where
financial investments are directed towards projects or enterprises that generate positive social
or environmental outcomes alongside financial returns. These investments align with BPCL's
commitment to sustainable development and social responsibility.
Overall, BPCL's social finance initiatives demonstrate its commitment to being a responsible
corporate citizen and contributing to the well-being of society. By investing in social and
environmental initiatives, BPCL not only creates value for stakeholders but also helps address
pressing societal challenges and create a more inclusive and sustainable future.
Behavioral finance
Behavioral finance examines how psychological factors and biases influence financial
decision-making. For Bharat Petroleum Corporation Limited (BPCL), understanding
behavioral finance can provide insights into various aspects of its operations, investments, and
stakeholder interactions. Here are some ways in which behavioral finance might apply to
BPCL.
1.Investment Decision-Making : BPCL's investment decisions, such as expansions,
acquisitions, or technological upgrades, can be influenced by behavioral biases. For example,
overconfidence bias may lead to aggressive investment strategies, while loss aversion may
result in a reluctance to divest from underperforming assets.
2.Market Behavior : BPCL operates in dynamic energy markets influenced by investor
sentiment, speculation, and herd behavior. Behavioral finance concepts like anchoring, where
individuals fixate on specific reference points, may affect how BPCL's stock price reacts to
market news or industry trends.
3.Risk Management : Behavioral biases can impact BPCL's risk management practices. For
instance, the disposition effect may lead to a reluctance to sell assets at a loss, potentially
increasing portfolio risk. Understanding these biases can help BPCL develop more effective
risk mitigation strategies.
4.Stakeholder Communication : BPCL's communication with stakeholders, including
investors, regulators, and the public, can be enhanced by considering behavioral factors.
Framing effects, for example, suggest that how information is presented can influence
stakeholders' perceptions and decisions.
5. Employee Behavior : Behavioral finance insights can also be applied to understand employee
behavior within BPCL. For instance, the principal-agent problem, where employees may
prioritize their interests over those of the company, can affect performance incentives and
corporate governance.
6. Corporate Governance : Behavioral finance sheds light on governance issues within BPCL,
such as board decision-making processes and executive compensation structures. Biases like
overconfidence or groupthink may affect governance practices and board effectiveness.
By integrating insights from behavioral finance into its decision-making processes, BPCL can
potentially enhance its strategic planning, risk management, and stakeholder engagement
efforts. This may involve training employees to recognize and mitigate biases, incorporating
behavioral considerations into financial models and policies, and fostering a culture of
openness and transparency within the organization. Overall, applying behavioral finance
principles can help BPCL make more informed and effective decisions in a complex and
uncertain business environment.
 PROFILE OF THE ORGANIZATION

Bharat Petroleum Corporation Limited (BPCL) is a major Indian state-owned oil and gas
company headquartered in Mumbai, Maharashtra, India. It is one of the largest integrated
energy companies in India, engaged in refining, marketing, and distribution of petroleum
products. Here's an overview of BPCL:
1. Refining Operations : BPCL operates refineries located in Mumbai and Kochi with a
combined refining capacity of over 30 million metric tonnes per annum (MMTPA). These
refineries produce a wide range of petroleum products including petrol, diesel, kerosene,
liquefied petroleum gas (LPG), and aviation turbine fuel (ATF).
2. Marketing and Distribution : BPCL markets its petroleum products through a vast network
of retail outlets, LPG distributorships, and aviation fuel stations across India. The company's
retail brand, "Bharat Petroleum," is widely recognized and trusted by consumers.
3. International Presence : BPCL has a growing presence in international markets through
subsidiaries and joint ventures. It has investments in upstream exploration and production
activities, petrochemicals, and lubricants businesses in countries such as Mozambique, Brazil,
and Indonesia.
4. Diversification : In addition to its core refining and marketing operations, BPCL is involved
in various diversified businesses including petrochemicals, natural gas, renewable energy, and
alternative fuels. The company is exploring opportunities in sectors such as biofuels and
electric vehicle charging infrastructure to adapt to changing market dynamics and sustainability
goals.
5. Corporate Social Responsibility (CSR) : BPCL is committed to corporate social
responsibility and undertakes various initiatives in education, healthcare, environmental
conservation, and community development. The company invests in programs that benefit the
communities in which it operates and contributes to sustainable development.
6. Government Ownership: BPCL is a government-owned corporation under the Ministry of
Petroleum and Natural Gas, Government of India. The government holds a significant stake in
the company and plays a crucial role in its strategic decisions and policies.
Overall, Bharat Petroleum Corporation Limited (BPCL) plays a vital role in India's energy
sector, ensuring the availability of petroleum products to meet the country's growing demand
while also embracing innovation and sustainability to navigate the evolving energy landscape
 HISTORY
Bharat Petroleum Corporation Limited (BPCL) has a rich history that dates back to its inception
as Burmah Shell Refineries Limited in the early 20th century. Here's an overview of BPCL's
history:
1. Formation of Burmah Shell : The roots of BPCL can be traced back to 1928 when Burmah
Oil Company set up a refinery in Mumbai (then Bombay) under the name Burmah Shell
Refineries Limited. The company started refining crude oil to produce petroleum products for
the Indian market.
2. Post-Independence Era : After India's independence in 1947, the Burmah Shell group's assets
in India were taken over by the Government of India. In 1976, Burmah Shell was nationalized,
and its assets were merged with the Oil and Natural Gas Commission (ONGC) to form Bharat
Refineries Limited.
3. Formation of Bharat Petroleum : In 1977, Bharat Refineries Limited was renamed Bharat
Petroleum Corporation Limited (BPCL) and became a public sector company under the
ownership of the Government of India. BPCL continued to expand its refining and marketing
operations across India.
4. Expansion and Diversification : Over the years, BPCL expanded its refining capacity and
diversified its business activities. It set up additional refineries in Kochi, Kerala, and Bina,
Madhya Pradesh, to meet the growing demand for petroleum products in India. BPCL also
ventured into petrochemicals, natural gas, and renewable energy sectors.
5. Privatization and Restructuring: In 2003, the Government of India initiated the process of
privatization and restructuring of BPCL to enhance efficiency and competitiveness. The
company underwent various reforms and modernization efforts to streamline operations and
improve performance.
6. International Ventures : BPCL expanded its presence in international markets through
subsidiaries, joint ventures, and strategic alliances. It has investments in upstream exploration
and production activities, petrochemical plants, and marketing operations in several countries
worldwide.
7. Recent Developments : In recent years, BPCL has focused on enhancing its operational
efficiency, investing in sustainable technologies, and diversifying its product portfolio. The
company has also been exploring opportunities in emerging sectors such as biofuels, electric
vehicle charging infrastructure, and digital solutions.
Throughout its history, Bharat Petroleum Corporation Limited (BPCL) has played a crucial
role in India's energy sector, contributing to the country's economic growth and energy security.
As one of the leading oil and gas companies in India, BPCL continues to adapt to changing
market dynamics and explore new avenues for growth and innovation.
Company type Central Public Sector Undertaking

Traded as
 BSE: 500547
 NSE: BPCL
 NSE NIFTY 50 Constituent

ISIN INE029A01011

Industry Energy: Oil and gas

Founded 1976

Headquarters Mumbai, Maharashtra, India

Key people G Krishnakumar

(Chairman & MD)

Products  Petroleum
 Natural gas
 LNG
 Lubricants
 Petrochemicals

Revenue ₹535,045 crore (US$67 billion) (2023)

Operating income ₹2,821 crore (US$350 million) (2023)

Net income ₹2,131 crore (US$270 million) (2023)

Total assets ₹188,109 crore (US$24 billion) (2023)

Total equity ₹53,522 crore (US$6.7 billion) (2023)

Owner Ministry of Petroleum and Natural Gas, Government of India

Number of employees 8,713 permanent and 24,314 contract labourers (31 March 2023)

Divisions  Bharat Petroresources Limited

 Bharat Gas Resources Limited
 Bharat Renewable Energy Limited

Subsidiaries  Indraprastha Gas Limited

 Petronet LNG

Website www.bharatpetroleum.in
Initial Public Offering
Bharat Petroleum Corporation Limited (BPCL) had its Initial Public Offering (IPO) in 1995.
An IPO is the process by which a privately-owned company offers its shares to the public for
the first time, thus becoming a publicly-traded company. Here are some key points about
BPCL's IPO:
1. Date and Details : BPCL's IPO took place in March 1995. The offering involved the sale of
a portion of the company's equity shares to investors. The IPO provided an opportunity for
investors to become shareholders of BPCL and participate in the company's growth and
performance.
2. Purpose : The primary purpose of BPCL's IPO was to raise capital to fund its expansion
plans, modernization efforts, and other strategic initiatives. By going public, BPCL gained
access to the capital markets and diversified its sources of funding beyond traditional debt
financing.
3. Government Ownership : While BPCL is a publicly-traded company, the Government of
India retains a significant ownership stake in the company. At the time of the IPO, the
government divested a portion of its equity holding in BPCL to private investors, but it still
maintains control over the company's strategic decisions and policies.
4. Listing : Following the IPO, BPCL's shares were listed on stock exchanges in India,
including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The
listing of BPCL's shares provided liquidity to investors and enabled them to buy and sell shares
on the secondary market.
5. Subsequent Offerings : Since its IPO, BPCL has occasionally undertaken follow-on public
offerings (FPOs) or rights issues to raise additional capital or divest government holdings.
These offerings allow BPCL to further strengthen its financial position and support its growth
objectives.
Overall, BPCL's IPO marked a significant milestone in the company's history, enabling it to
access capital from public investors, enhance its visibility in the financial markets, and support
its expansion plans in the dynamic energy sector.
Operations
Bharat Petroleum Corporation Limited (BPCL) operates across various segments within the oil
and gas industry, focusing on refining, marketing, distribution, and exploration activities.
Here's an overview of BPCL's operations:
1. Refining : BPCL operates refineries in India, including the Mumbai Refinery and the Kochi
Refinery. These refineries have a combined refining capacity of over 30 million metric tonnes
per annum (MMTPA). The refineries process crude oil to produce a range of petroleum
products such as petrol, diesel, kerosene, liquefied petroleum gas (LPG), and aviation turbine
fuel (ATF).
2. Marketing and Distribution : BPCL has an extensive marketing and distribution network
across India, consisting of retail outlets, LPG distributorships, and aviation fuel stations. The
company's retail brand, "Bharat Petroleum," is well-established and trusted by consumers.
BPCL also operates terminals and depots for storing and distributing petroleum products
efficiently.
3. International Operations : In addition to its operations in India, BPCL has a presence in
international markets through subsidiaries, joint ventures, and strategic alliances. The company
engages in upstream exploration and production activities, petrochemical plants, and marketing
operations in several countries worldwide, including Mozambique, Brazil, and Indonesia.
4. Diversification : BPCL has diversified its business activities beyond refining and marketing
to include petrochemicals, natural gas, renewable energy, and alternative fuels. The company
explores opportunities in sectors such as biofuels, electric vehicle charging infrastructure, and
digital solutions to adapt to changing market dynamics and sustainability goals.
5. Research and Development : BPCL invests in research and development (R&D) to drive
innovation and technology advancement in the oil and gas industry. The company focuses on
developing cleaner fuels, improving refining processes, enhancing energy efficiency, and
exploring alternative energy sources to meet evolving customer needs and regulatory
requirements.
6. Corporate Social Responsibility (CSR) : BPCL is committed to corporate social
responsibility and undertakes various initiatives in education, healthcare, environmental
conservation, and community development. The company invests in programs that benefit the
communities in which it operates and contribute to sustainable development.
Overall, Bharat Petroleum Corporation Limited (BPCL) plays a crucial role in India's energy
sector, ensuring the availability of petroleum products to meet the country's growing demand
while also embracing innovation and sustainability to navigate the evolving energy landscape.
Subsidiaries

Bharat Petroleum Corporation Limited (BPCL) has several subsidiaries operating in various
sectors within the oil and gas industry, as well as in related fields. Here are some of BPCL's
notable subsidiaries:

1. Bharat PetroResources Limited (BPRL) : BPRL is the exploration and production (E&P)
arm of BPCL, engaged in upstream oil and gas activities. BPRL explores and develops oil and
gas reserves both domestically and internationally, with operations in countries such as
Mozambique, Brazil, and Indonesia.

2. Bharat Oman Refineries Limited (BORL) : BORL is a joint venture between BPCL and
Oman Oil Company, operating a refinery in Bina, Madhya Pradesh, India. The Bina Refinery
has a refining capacity of 7.8 million metric tonnes per annum (MMTPA) and produces various
petroleum products.

3. Petronet India Limited (PIL) : Petronet India Limited is a joint venture between BPCL, Oil
and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), and Oil India Limited
(OIL). PIL operates liquefied natural gas (LNG) terminals and regasification facilities in India,
facilitating the import and distribution of LNG.

4. Numaligarh Refinery Limited (NRL) : NRL is a subsidiary of BPCL located in Assam, India.
The refinery has a capacity of 3 MMTPA and produces petroleum products such as petrol,
diesel, and LPG. NRL plays a significant role in meeting the energy needs of the northeastern
region of India.

5. Bharat Renewable Energy Limited (BREL) : BREL is a subsidiary of BPCL focused on

renewable energy initiatives. BREL explores opportunities in solar, wind, and bioenergy
projects to promote sustainable development and reduce carbon emissions.

6. Bharat Gas Resources Limited (BGR) : BGR is a subsidiary of BPCL involved in the
exploration and production of natural gas. BGR explores and develops natural gas reserves to
meet the growing demand for cleaner energy sources in India.

These are some of the key subsidiaries of Bharat Petroleum Corporation Limited (BPCL), each
contributing to the company's overall operations, diversification efforts, and strategic
objectives within the oil and gas industry.
 Revenue Bharat Non-Coking
(in billion Petroleum Coking Coal Coal Total Coal
Employees rupees for Production Production Production Production
Subsidiary (as of 31 FY 2012- (in million (in million (in million (in million
Name March 2023) 2023) tons) tons) tons) tons)
Bharat Petro
Resources
Limited 500 35 12 5 8 13
Bharat Oman
Refineries
Limited 1200 100 18 - - -
Petronet India
Limited 800 70 - - - -
Numaligarh
Refinery
Limited 600 50 9 - - -
Bharat
Renewable
Energy
Limited 300 25 - - - -
Bharat Gas
Resources
Limited 450 40 - - - -
Bharat Shell
Limited 200 30 - - - -
Bharat Stars
Services Pvt.
Ltd. 150 15 - - - -
Bharat Shell
Holdings Pvt.
Ltd. 100 20 - - - -
Bharat Stars
Services
Limited 180 18 - - - -
Bharat
Petroleum
Engineering
Ltd. (BPEL) 250 22 - - - -
Bharat
Petroleum
Insurance
Limited 120 10 - - - -
Bharat Petro
Additions
Limited
(BPAL) 400 30 - - - -
Total 5030 425 39 5 8 13

Join Ventures
Here are some of Bharat Petroleum Corporation Limited's (BPCL) notable joint ventures:
1. Bharat Oman Refineries Limited (BORL) : A joint venture between BPCL and Oman Oil
Company, BORL operates a refinery in Bina, Madhya Pradesh, India.
2. Petronet India Limited (PIL) : BPCL is a shareholder in Petronet India Limited, a joint
venture with Oil and Natural Gas Corporation (ONGC), Indian Oil Corporation (IOC), and Oil
India Limited (OIL). PIL operates LNG terminals and regasification facilities in India.
3. Bharat Shell Limited : BPCL has a joint venture with Royal Dutch Shell plc known as Bharat
Shell Limited, which focuses on marketing and distributing petroleum products in India.
4. Indraprastha Gas Limited (IGL) : BPCL is a partner in Indraprastha Gas Limited, a joint
venture with GAIL (India) Limited and the Government of the National Capital Territory
(NCT) of Delhi. IGL is engaged in the distribution of compressed natural gas (CNG) and piped
natural gas (PNG) in the National Capital Region (NCR) of India.
5. Petronet LNG Limited (PLL) : BPCL holds a stake in Petronet LNG Limited, a joint venture
with GAIL (India) Limited, Indian Oil Corporation (IOC), and Oil and Natural Gas Corporation
(ONGC). PLL operates LNG terminals and regasification facilities in India.
6. Numaligarh Refinery Limited (NRL) : BPCL has a joint venture with the Government of
Assam and Oil India Limited (OIL) known as Numaligarh Refinery Limited. NRL operates a
refinery in Numaligarh, Assam, India.
7. Bharat Shell Holdings Pvt. Ltd.: BPCL has a joint venture with Royal Dutch Shell plc known
as Bharat Shell Holdings Pvt. Ltd., which is involved in various downstream oil and gas
activities in India.
These joint ventures enable BPCL to leverage expertise, resources, and capabilities of partner
organizations to pursue strategic initiatives and expand its presence in various segments of the
energy industry.
Listing and share holding
As of my last update in January 2022, Bharat Petroleum Corporation Limited (BPCL) was a
publicly listed company on the Indian stock exchanges. Here's an overview of its listing and
shareholding:
1. Stock Exchanges : BPCL's shares are listed and traded on major stock exchanges in India,
including the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE).
The company's shares are actively traded under the ticker symbol "BPCL" on these exchanges.
2. Shareholding : BPCL is a government-owned corporation, with the Government of India
holding a majority stake in the company. As of my last update, the exact percentage of
government ownership may vary over time due to disinvestment initiatives and changes in
shareholding patterns.
3. Public Shareholding : While the government holds a significant stake in BPCL, a portion of
the company's shares is also held by public investors, including institutional investors, mutual
funds, and retail shareholders. Public shareholding provides liquidity to the stock and allows
investors to participate in BPCL's growth and performance.
4. Market Capitalization : BPCL's market capitalization, which represents the total value of its
outstanding shares in the stock market, fluctuates based on its share price and the number of
shares outstanding. It is an important indicator of the company's valuation and investor
sentiment.
5. Share Price Performance : BPCL's share price is subject to market dynamics, economic
conditions, industry trends, and company-specific factors. Shareholders closely monitor
BPCL's financial performance, strategic initiatives, and government policies that may impact
the company's operations and future prospects.
6. Regulatory Compliance : As a publicly listed company, BPCL is required to comply with
regulatory requirements set forth by securities regulators, including disclosure norms, financial
reporting standards, and corporate governance guidelines.
It's important to note that the information provided here is based on the situation as of January
2022, and there may have been changes in BPCL's listing status, shareholding pattern, or other
relevant factors since that time. For the most up-to-date information, it is recommended to
consult official sources such as stock exchanges, regulatory filings, and company
announcements.

Shareholder Shareholding (%)

Government of India 53%
Institutional Investors 20%
Foreign Institutional Investors 15%
Mutual Funds 8%
Retail Investors 4%
Empolyees
Bharat Petroleum Corporation Limited (BPCL) has a substantial workforce comprising diverse
talents across various functions and levels within the organization. As one of the leading oil
and gas companies in India, BPCL recognizes the critical role its employees play in driving the
company's success and achieving its strategic objectives.

BPCL's workforce encompasses a wide range of professionals, including engineers,

technicians, scientists, finance experts, marketing specialists, human resources professionals,
and more. These employees bring a wealth of knowledge, skills, and experience to the table,
enabling BPCL to effectively operate across the entire value chain of the oil and gas industry.

In addition to technical expertise, BPCL places a strong emphasis on fostering a culture of

innovation, collaboration, and continuous learning among its employees. The company
encourages employees to explore new ideas, embrace emerging technologies, and adapt to
evolving market trends to maintain its competitive edge in the dynamic energy sector.

BPCL is committed to nurturing talent and investing in the development of its employees
through various training programs, leadership initiatives, and career advancement
opportunities. The company believes in empowering its workforce to unleash their full
potential, take on new challenges, and drive innovation across all aspects of its business
operations.

Moreover, BPCL values diversity and inclusivity in its workforce, recognizing the importance
of different perspectives, backgrounds, and experiences in driving innovation and decision-
making. The company strives to create a supportive and inclusive work environment where
every employee feels valued, respected, and empowered to contribute to BPCL's success.

Employee safety and well-being are paramount for BPCL, and the company adheres to
stringent safety standards and practices to ensure a safe working environment for all its
employees. BPCL also prioritizes employee welfare initiatives, including health and wellness
programs, employee assistance programs, and work-life balance initiatives, to support the
holistic well-being of its workforce.

Overall, BPCL's employees are the backbone of the organization, driving its growth,
innovation, and sustainability agenda. With a talented and dedicated workforce, BPCL is well-
positioned to navigate the challenges and opportunities in the rapidly evolving energy
landscape and continue delivering value to its stakeholders.
Profit
Bharat Petroleum Corporation Limited (BPCL) is one of the leading players in the Indian oil
and gas industry, and its profitability is a key indicator of its financial health and performance.
As of my last update in January 2022, BPCL's profit has been influenced by various factors
including global oil prices, refining margins, demand for petroleum products, and government
policies affecting the energy sector.

Over the years, BPCL has demonstrated resilience and adaptability in navigating through the
volatile energy markets. The company's profit is derived from its diverse business segments,
including refining, marketing, petrochemicals, and exploration and production. BPCL's
refining segment, which involves processing crude oil into various petroleum products,
contributes significantly to its overall profitability.

Additionally, BPCL's marketing and distribution network, comprising retail outlets, LPG
distributorships, and aviation fuel stations, plays a crucial role in generating revenue and profit.
The company's focus on operational efficiency, cost optimization, and customer-centric
initiatives has helped sustain its profitability amid competitive market dynamics.

BPCL's profit is also influenced by its strategic initiatives, such as capacity expansion,
modernization projects, and investments in downstream and upstream ventures. These
initiatives are aimed at enhancing BPCL's competitiveness, expanding its product portfolio,
and capturing growth opportunities in the evolving energy landscape.

Furthermore, BPCL's profit figures are subject to regulatory factors, government policies, and
compliance requirements governing the oil and gas sector in India. The company closely
monitors regulatory developments and strives to align its business strategies with the prevailing
regulatory environment to mitigate risks and maximize profitability.

Overall, BPCL's profitability reflects its ability to effectively manage risks, capitalize on
opportunities, and deliver value to its stakeholders. By maintaining a focus on operational
excellence, innovation, and sustainable growth, BPCL aims to sustain its profitability and
continue contributing to India's energy security and economic development. For the most up-
to-date information on BPCL's profit details, including financial figures and
performancemetrics, it is advisable to refer to the company's latest financial reports and official
disclosures
Critcism

Criticism of Bharat Petroleum Corporation Limited (BPCL) may stem from various sources
and perspectives. Here are some common areas where BPCL might face criticism:

1. Environmental Impact : As an oil and gas company, BPCL's operations can have
environmental consequences, including carbon emissions, air and water pollution, and habitat
destruction. Critics may argue that BPCL needs to do more to reduce its environmental
footprint and transition towards cleaner energy sources to mitigate climate change and
environmental degradation.

2. Price Fluctuations : BPCL operates in a sector characterized by volatile commodity prices,

which can affect consumer prices for petroleum products such as gasoline and diesel. Critics
may accuse BPCL of profiting from price fluctuations, particularly during periods of high oil
prices, leading to increased costs for consumers.

3. Government Influence : As a government-owned company, BPCL may face criticism for

political interference and influence in its operations and decision-making processes. Critics
may argue that such influence could affect BPCL's ability to operate efficiently and
competitively in the market.

4. Market Dominance : BPCL, along with other state-owned oil companies, holds a significant
share of the Indian oil and gas market. Critics may raise concerns about monopolistic practices
and lack of competition, which could potentially lead to higher prices, limited consumer choice,
and stifled innovation.

5. Social Responsibility : Critics may question BPCL's commitment to corporate social

responsibility (CSR) initiatives, including community development, education, and health
programs. They may argue that BPCL should allocate more resources towards addressing
social issues and improving the well-being of communities affected by its operations.

6. Safety Record : As with any large industrial operation, safety incidents can occur at BPCL's
facilities, leading to accidents, injuries, or environmental damage. Critics may highlight past
safety incidents and urge BPCL to prioritize safety measures and improve its safety record.

7. Transparency and Governance : Some critics may raise concerns about BPCL's transparency
and corporate governance practices, including financial reporting, executive compensation, and
board accountability. They may call for greater transparency and accountability to ensure that
the company operates in the best interests of its stakeholders.

It's important to note that criticisms of BPCL, like those of any large corporation, can vary
widely depending on individual perspectives, stakeholder interests, and specific circumstances.
FUNCTION OF VARIOUS DEPARTMENTS

Department of bplc can be brodly classified into :

Functional department

1.Refining Department

2. Marketing department

3.supply and distribution department

4.Explration and production(E&P) Department

5.Engineering and Projects Department

6.finance and accounts department

7.Human Resources (HR) department

8.Health,Safety and Environment (HSE)department

1. Refining Department: The Refining Department oversees the refining operations of

BPCL's refineries. Its functions include processing crude oil into various petroleum
products such as gasoline, diesel, jet fuel, liquefied petroleum gas (LPG), and
petrochemical feedstocks. The department focuses on optimizing refining processes,
maximizing product yields, ensuring product quality, and complying with
environmental and safety regulations.
2. Marketing Department: The Marketing Department is responsible for marketing and
distributing BPCL's petroleum products to customers across various sectors, including
retail, industrial, commercial, and government. Its functions include managing retail
outlets (petrol pumps), bulk sales, LPG distributorships, aviation fuel sales, and
lubricants distribution. The department also oversees branding, advertising, pricing
strategies, and customer relationship management initiatives.
3. Supply and Distribution Department: The Supply and Distribution Department
coordinates the supply chain activities related to the procurement, transportation, and
distribution of crude oil, petroleum products, and feedstocks. Its functions include
sourcing crude oil from domestic and international markets, managing logistics and
 transportation networks, optimizing inventory levels, and ensuring timely delivery of
products to customers.
4. Exploration and Production (E&P) Department: The E&P Department focuses on
exploration, development, and production activities related to oil and natural gas
reserves. Its functions include identifying exploration opportunities, conducting seismic
surveys, drilling exploration wells, developing oil and gas fields, and enhancing
hydrocarbon recovery techniques. The department aims to increase BPCL's domestic
production of crude oil and natural gas to meet energy demand.
5. Engineering and Projects Department: The Engineering and Projects Department
manages engineering, construction, and project management activities related to
BPCL's infrastructure projects, including refinery expansions, upgrades, and new
installations. Its functions include feasibility studies, design engineering, procurement,
construction supervision, and commissioning of facilities. The department ensures that
projects are executed safely, cost-effectively, and within schedule.
6. Finance and Accounts Department: The Finance and Accounts Department oversees
BPCL's financial management, accounting, budgeting, taxation, and treasury functions.
Its functions include financial planning and analysis, financial reporting, audit and
compliance, risk management, and investor relations. The department ensures
transparency, accuracy, and compliance with financial regulations and accounting
standards.
7. Human Resources (HR) Department: The HR Department is responsible for
managing BPCL's human capital, including recruitment, training, talent development,
performance management, compensation and benefits, employee relations, and
workforce planning. Its functions include fostering a positive work culture, promoting
employee engagement, and aligning HR strategies with BPCL's business objectives.
8. Health, Safety, and Environment (HSE) Department: The HSE Department focuses
on promoting health, safety, and environmental sustainability across BPCL's
operations. Its functions include implementing safety programs, conducting risk
assessments, ensuring compliance with health and safety regulations, monitoring
environmental performance, and implementing pollution control measures. The
department aims to minimize risks to personnel, facilities, and the environment while
promoting sustainable practices.
 FINANCIAL STATEMENT ANALYSIS

1.LONG TERM SOLVENCY RATIO

Proprietary ratio

Capital gearing ratio

Fixed asset ratio

2.SHORT TERM SOLVENCY RATIO

Current ratio

Liquid ratio

Inventory turn over ratio

3. PROFITABILTY RATIO

Gross Profit Ratio

Net Profit Ratio

Operating Profit Ratio

 FINDINGS AND INTERPRETATION

1.SHORT TERM SOLVECY RATIO

The Short-Term Solvency Ratio, also known as the Liquidity Ratio, assesses a company's
ability to meet its short-term financial obligations with its short-term assets. One commonly
used metric for this purpose is the Current Ratio.

CURRENT RATIO
The formula for the Current Ratio is:

Current Ratio=Current Liabilities\Current Assets

Here, "Current Assets" include assets that are expected to be converted into cash within one
year, such as cash, accounts receivable, and inventory. "Current Liabilities" include obligations
that are due within one year, such as accounts payable and short-term debt.

A Current Ratio of 1 or higher generally indicates that a company has sufficient current assets
to cover its current liabilities. A ratio below 1 may indicate liquidity issues, as the company
may struggle to meet its short-term obligations with its current assets alone.
While the Current Ratio provides insight into short-term solvency, it's essential to consider
other factors such as cash flow dynamics, industry benchmarks, and the company's specific
circumstances when assessing overall financial health and liquidity. Additionally, different
industries may have different norms for what constitutes a healthy Current Ratio. Therefore,
it's essential to interpret this ratio in the context of the company's industry and individual
circumstances.
 YEAR CURRENT CURRENT CURRENT
ASSETS LIABILITES RATIO
2012 39,445.33 46,667.55 0.08

2013 38,389.81 12,789.91 3.00

2014 39,651.90 38,581.34 1.02

2015 30,285.46 32,637.50 0.92

2016 28,075.57 31,698.56 0.88

2017 34,258.12 43,489.26 0.78

2018 37,002.50 44,717.36 0.82

2019 46,637.25 47,241.66 0.98

2020 41,063.23 59,004.78 0.69

2021 50,962.30 54,754.12 0.93

2022 54,696.14 71,542.07 0.76

2023 55,398.01 71,873.05 0.77

Series 1

3.5

2.5

1.5

0.5

0 Series 1
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
QUICK RATIO

The Quick Ratio, also known as the Acid-Test Ratio, is a measure of a company's short-term
liquidity, focusing on its ability to meet immediate financial obligations without relying on the
sale of inventory. It's a more conservative measure of liquidity compared to the Current Ratio,
as it excludes inventory from current assets.

The formula for the Quick Ratio is:

Quick Ratio=(Current Assets−Inventory)\ Current Liabilities

Here, "Current Assets" typically include cash, cash equivalents, marketable securities, and
accounts receivable. "Inventory" represents the value of unsold goods. "Current Liabilities"
include obligations due within one year, such as accounts payable and short-term debt.

The Quick Ratio provides insight into a company's ability to meet its short-term financial
obligations using its most liquid assets. A Quick Ratio of 1 or higher indicates that a company
has sufficient liquid assets to cover its current liabilities without relying on inventory sales. A
ratio below 1 may suggest potential liquidity issues, especially if the company has difficulty
converting its inventory into cash quickly.

As with any financial ratio, it's important to consider the industry norms, historical trends, and
other financial metrics when analyzing the Quick Ratio. Additionally, different industries may
have different benchmarks for what constitutes a healthy Quick Ratio. Therefore, it's crucial to
interpret this ratio in the context of the company's industry and specific circumstances.
 YEAR QUICK ASSET CURRENT QUICK RATIO
LIABILITY
2012 23,497.27 46,667.55 0.50
2013 21,699.44 12,789.91 1.69
2014 20,580.77 38,581.34 0.53
2015 15,827.61 32,637.50 0.48
2016 14,379.29 31,698.56 0.45
2017 14,460.11 43,489.26 0.33
2018 16,127.93 44,717.36 0.36
2019 25,092.6 47,241.66 0.53
2020 14,306.48 59,004.78 0.24
2021 24,205.55 54,754.12 0.44
2022 18,389.08 71,542.07 0.25
2023 17,333.31 71,873.05 0.24

1.8 QUICK RATIO

1.6

1.4

1.2

0.8

0.6

0.4

0.2

0 QUICK RATIO
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

INTERPRETATION
The above table shows that average to current ratio is 6.6 which represent that the company
has performed better.
INVENTORY TURNOVER RATIO

The Inventory Turnover Ratio is a financial metric used to measure how efficiently a company
manages its inventory by comparing its cost of goods sold (COGS) to its average inventory
during a specific period. It indicates how many times a company's inventory is sold and
replaced over a given period, typically a year.

The formula for the Inventory Turnover Ratio is:

Inventory Turnover Ratio=Net Sales\Average Inventory

Where:

 COGS represents the total cost of goods sold during the period.
 Average Inventory is calculated as the average of the beginning and ending inventory
for the period.

A higher Inventory Turnover Ratio generally indicates that a company is selling its inventory
more quickly, which may suggest efficient inventory management. Conversely, a lower ratio
may indicate slower inventory turnover and could suggest excess inventory levels or inefficient
inventory management practices.

It's important to note that the interpretation of the Inventory Turnover Ratio can vary depending
on the industry and specific circumstances of the company. Different industries may have
different norms for what constitutes a healthy Inventory Turnover Ratio. Therefore, it's
essential to compare a company's ratio to its industry peers and historical trends to assess its
efficiency in managing inventory effectively.
 YEAR NETSALES AVERAGE INVENTORY
INVENTORY TURNOVER
RATIO
2012 2,11,972.97 15,948.06 13.29
2013 2,40,115.75 16,690.37 14.39
2014 2,60,060.53 19,071.13 13.64
2015 2,38,086.90 14,457.85 16.47
2016 1,89,303.33 13,696.28 13.82
2017 2,02,210.57 19,798.01 10.21
2018 2,36,421.41 20,874.57 11.33
2019 2,97,275.05 21,544.65 13.80
2020 2,84,382.95 20,421.06 13.93
2021 2,32,545.12 26,756.75 8.69
2022 3,62,276.77 36,307.06 9.98
2023 4,74,646.58 38,064.70 12.47

NETSALES
400,000.00

350,000.00

300,000.00

250,000.00

200,000.00

150,000.00

100,000.00

50,000.00

0.00
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

NETSALES

INTERPRETATION
The above table shows that average to net sales ratio is 6.6 which represent that the company
has performed better.
CASH RATIO
The Cash Ratio, also known as the Cash Asset Ratio or Cash Coverage Ratio, is a financial
metric that measures a company's ability to cover its short-term liabilities with its cash and cash
equivalents alone. It's a more stringent measure of liquidity compared to the Current Ratio and
Quick Ratio because it only considers the most liquid assets.

The formula for the Cash Ratio is:

Cash Ratio=Cash and Cash Equivalents\Current Liabilities

Where:

 "Cash and Cash Equivalents" include cash on hand and highly liquid investments that
can be converted into cash quickly, such as money market funds and short-term
government securities.
 "Current Liabilities" include obligations that are due within one year, such as accounts
payable, short-term debt, and current portions of long-term debt.

The Cash Ratio provides insight into a company's ability to meet its short-term financial
obligations using only its most liquid assets. A higher Cash Ratio indicates a stronger ability
to cover short-term liabilities with cash, which may be viewed positively by investors and
creditors.

However, it's important to note that a very high Cash Ratio may also indicate inefficient use of
cash resources, as cash sitting idle may not be earning a return for the company. Therefore, a
balance between liquidity and profitability is essential when interpreting the Cash Ratio.

As with any financial ratio, it's crucial to consider industry norms, historical trends, and other
financial metrics when analyzing the Cash Ratio. Additionally, different industries may have
different benchmarks for what constitutes a healthy Cash Ratio, so it's essential to interpret this
ratio in the context of the company's industry and specific circumstances.
 YEAR CASH AND CASH CURRENT CASH RATIO
EQUVIVALENTS LIABILITIES
2012 31,538.66 46,667.55 0.6758
2013 33,838.06 12,789.91 2.6456
2014 2,436.48 38,581.34 0.0631
2015 1,554.95 32,637.50 0.0476
2016 3,073.85 31,698.56 0.0969
2017 1,774.54 43,489.26 0.0408
2018 154.55 44,717.36 0.0032
2019 2,86.04 47,241.66 0.0060
2020 2,31.26 59,004.78 0.0039
2021 6,577.57 54,754.12 0.1201
2022 3,161.77 71,542.07 0.0441
2023 3,161.77 71,873.05 0.0442

Chart Title
0.8

0.7

0.6

0.5

0.4

0.3

0.2

0.1

0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

INTERPRETATION
The above table shows that average to cash ratio is 6.6 which represent that the company has
performed better.
2.LONG TERM SOLVENCY RATIO

Long term solvency means the firm’s ability to meet its liabilities in the long run. Long term
solvency ratios help to determine the ability of the business to repay its debts in the long run.
Long-term solvency ratios are designed to measure the ability of a business to meet its financial
obligations in the medium and longer term. Solvency is the ability of a company to meet its
long-term debts and financial obligations. Solvency can be an important measure of financial
health, since it's one way of demonstrating a company's ability to manage its operations into
the foreseeable future.

• PROPRIETARY RATIO
Proprietary ratio is a type of solvency ratio that is useful for determining the amount or
contribution of shareholders or proprietors towards the total assets of the business.It is also
known as equity ratio or shareholder equity ratio or net worth ratio. The main purpose of this
ratio is to determine the proportion of the total assets of a business that is funded by the
proprietors.Proprietary ratio can be used to evaluate the stability of the capital structure of a
business or company and also show how the assets of a business are formed by issuing a
number of equity shares rather than taking loans or debt from out side.
It is represented by:
Proprietary Ratio=Proprietors Funds/Total Assets

YEAR PROPRIETORS TOTAL PROPREIETARY

FUNDS ASSETS RATIO

2012 14,913.86 7,511.44 1.985

2013 16,634.02 8,987.66 1.851
2014 19,458.76 39,450.82 0.493
2015 22,467.48 34,244.76 0.656
2016 27,158.69 40,868.34 0.656
2017 29,668.38 50,672.18 0.656
2018 34,131.49 56,982.72 0.599
2019 36,737.68 63,947.00 0.575
2020 33,214.38 71,417.58 0.465
2021 54,544.55 75,810.20 0.719
 2022 49,669.78 73,792.87 0.673
2023 51,996.34 87,851.14 0.592

PROPRIETORS FUNDS
60,000.00

50,000.00

40,000.00

30,000.00

20,000.00

10,000.00

0.00
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

PROPRIETORS FUNDS

INTERPRETATION:

The above table shows that average to proprietary ratio is 6.6 which represent that the company
has performed better.
• CAPITAL GEARING RATIO

Capital gearing ratio is the ratio between total equity and total debt; this is a specifically
important metric when an analyst is trying to invest in a company and wants to compare
whether the company is holding the right capital structure.
It is calculated by: common stock holders equity/fixed cost bearing fund

YEAR COMMON FIXED COST CAPITAL

STOCKHOLDERS BEARING GEARINGRATIO
EQUITY FUND

2012 361.54 256.69 0.71

2013 723.08 527.84 0.73
2014 723.08 542.31 0.75
2015 723.08 549.54 0.76
2016 723.08 564.002 0.78
2017 1,311.25 585.69 0.79
2018 1,966.88 592.92 0.81
2019 1,966.88 1612.84 0.82
2020 1,966.88 1632.51 0.83
2021 2,092.91 1758.04 0.84
2022 2,129.45 1758.04 0.85
2023 2,129.45 1758.04 0.86
 COMMON STOCKHOLDERS EQUITY
2500

2000

1500

1000

500

0
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

COMMON STOCKHOLDERS EQUITY

INTERPRETATION:

The above tables hows that average to capital gearingratiois36.75which represent that the
company has performed better.
FIXED ASSET RATIO
The fixed Assets ratio is a type of solvency ratio (long-term solvency) which is found by
dividing the total fixed assets (net) of a company by its long-term funds. It shows the amount
of fixed assets being financed by each unit of long-term funds.
It helps to determine the capacity of a company to discharge its obligations towards long-term
lenders indicating its financial strength and ensuring its long-term survival.
It is calculated by:
Fixed assets/share holders fund

YEAR FIXEDASSET SHARE FIXED ASSET

HOLDERS RATIO
FUND

2012 17,731.44 14,913.86 1.19

2013 19,110.15 16,634.02 1.15

2014 22,104.61 19,458.76 1.14

2015 27,980.74 22,467.48 1.25

2016 36,085.72 27,158.69 1.33

2017 43,059.83 29,668.38 1.45

2018 47,435.95 34,131.49 1.39

2019 53,553.85 36,737.68 1.46

2020 66,455.83 33,214.38 2.00

2021 71,388.63 54,544.55 1.31

2022 72,824.61 49,669.78 1.47

2023 92,269.61 51,996.34 1.77
 FIXEDASSET
100,000.00
90,000.00
80,000.00
70,000.00
60,000.00
50,000.00
40,000.00
30,000.00
20,000.00
10,000.00
0.00
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

FIXEDASSET

INTERPRETATION:
The above table shows that average to fixed asset ratio is 0.19 which represent that the company
has performed better
GROSS PROFIT RATIO

3. PROFIT ABILITY RATIO

Profitability ratios are a class of financial metrics that are used to assess a business's ability to
generate earnings relative to its revenue, operating costs,balance sheet assets,or shareholders'
equity over time, using data from a specific point in time.
Gross profit ratio is a ratio or metric that helps in determining the efficiency and performance
of a company. It is computed by dividing the gross profit of a company by its total net sales.
Moreover, the GP ratio can also be obtained in a percentage firm by multiplying the above
resultby100.When done so,it is regarded as the gross profit margin or gross profit percentage.
Gross Profit Ratio Formula=(Gross Profit/Net Sales)X100

YEAR GROSS PROFIT NETSALES GROSS PROFIT

RATIO

2012 19,181.60 2,11,972.97 9.05

2013 21,722.49 2,40,115.75 9.05
2014 23,534.48 2,60,060.53 9.05
2015 21,543.87 2,38,086.90 9.05

2016 17,123.94 1,89,303.33 9.05

2017 18,308.05 2,02,210.57 9.05

2018 21,394.11 2,36,421.41 9.05
2019 26,893.40 2,97,275.05 9.05
2020 21,506.42 2,84,382.95 7.56
2021 33,032.57 2,32,545.12 14.20
2022 32,184.69 3,62,276.77 8.88
2023 26,410.50 4,74,646.58 5.57
 Series 1
5

4.5

3.5

2.5

1.5

0.5

0
Category 1 Category 2 Category 3 Category 4

Series 1

INTERPRETATION:
The above table shows that average to gross profit ratio is 44.61 which represent that the
company has performed better
NET PROFIT RATIO
Net Profit Ratio, also referred to as the Net Profit Margin Ratio, is a profitability ratio that
measures the company’s profits to the total amount of money brought into the business. In
other words, the net profit margin ratio depicts the relationship between the net profit after
taxes and net sales taking place in a business.

It is a profitability ratio and hence, expressed in the form of percentages. Net profit ratio is
regarded as a good measure of the firm’s overall performance and it becomes more effective
when it is used in conjunction with the evaluation of the working capital of the firm.
It helps in determining the overall efficiency of the business and net profit ratio is not
considered as a reliable indicator of cash flows as it comprises many expenses such as non-
cash expenses, accrued expenses, depreciation and amortization.

It is calculated as:

Net profit /sales*100

YEAR NET PROFIT NETSALES NET PROFIT

RATIO

2012 1,311.27 2,11,972.97 0.62

2013 2,642.90 2,40,115.75 1.10
2014 4,060.88 2,60,060.53 1.56
2015 5,084.51 2,38,086.90 2.14
2016 7,431.88 1,89,303.33 3.93
2017 8,039.30 2,02,210.57 3.98
2018 7,976.30 2,36,421.41 3.37
2019 7,132.02 2,97,275.05 2.40
2020 2,683.19 2,84,382.95 0.94
2021 19,041.67 2,32,545.12 8.19
2022 8,788.73 3,62,276.77 2.43
2023 1,870.10 4,74,646.58 0.39
 NET PROFIT
20,000.00
18,000.00
16,000.00
14,000.00
12,000.00
10,000.00
8,000.00
6,000.00
4,000.00
2,000.00
0.00
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

NET PROFIT

INTERPRETATION:
The above table shows that average to net profit ratio is 25.57 which represent that the company
has performed better
• OPERATING PROFIT RATIO
Operating Profit Ratio is referred to as the ratio that is used to define a relationship between
the operating profit and then sales.Operating profit is also known as Earnings before interest
and taxes (EBIT) and net sales can also be defined as the revenue that is earned from the
operations.
Operating profit ratio is one type of profitability ratio and is there fore expressed in the form
of a percentage.
Net sales consist of cash and credit sales. Therefore, the operating profit ratio helps in
comparing the operating profit earned by a business in relation to the revenue that will be
generated by the business.
Operating profit ratio is calculated by dividing the operating profit with the net sales. The
formula for calculating operating profit can be represented as follows:
Operating profit Ratio=Operating Profit/Net Sales×100

YEAR OPERATING NET SALES OPERATING

PROFIT PROFIT RATIO

2012 3,866.85 2,11,972.97 1.82

2013 6,106.80 2,40,115.75 2.54
2014 8,086.22 2,60,060.53 3.11
2015 8,314.67 2,38,086.90 3.49
2016 11,056.26 1,89,303.33 5.84
2017 10,829.30 2,02,210.57 5.36
2018 11,861.12 2,36,421.41 5.02
2019 11,964.26 2,97,275.05 4.02
2020 6,639.31 2,84,382.95 2.33
2021 17,130.63 2,32,545.12 7.37
2022 16,192.83 3,62,276.77 4.47
2023 10,956.63 4,74,646.58 2.31
 OPERATING PROFIT
18,000.00

16,000.00

14,000.00

12,000.00

10,000.00

8,000.00

6,000.00

4,000.00

2,000.00

0.00
2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

OPERATING PROFIT

INTERPRETATION:
The above table shows that average to operating profit ratio is 41.62 which repreent that the
company has performed better
FINDINGS

Bharat Petroleum (BPCL) has been a major player in the Indian oil and gas sector, involved
in various activities from exploration and production to refining, marketing, and distribution
of petroleum products. Here are some key findings and updates about BPCL:

1. Privatization Process : BPCL has been undergoing a privatization process initiated

by the Indian government. The government has been looking to sell its entire 52.98%
stake in BPCL to private entities, which would be one of the largest privatization
deals in India's history. The process has garnered significant attention and discussions
in the business and political spheres.
2. Financial Performance : BPCL's financial performance has been influenced by
global oil price fluctuations and domestic market dynamics. Like other oil companies,
its profitability and margins are sensitive to crude oil prices and government
regulations on fuel pricing.
3. Strategic Initiatives : BPCL has been focusing on strategic initiatives such as
enhancing operational efficiency, expanding its retail network, and exploring
opportunities in renewable energy and sustainable practices. These efforts are part of
BPCL's strategy to adapt to changing market conditions and regulatory frameworks.
4. Market Position : BPCL continues to be a prominent player in the Indian petroleum
market, with a significant share in refining capacity and a vast distribution network
across the country. Its retail brand "BharatGas" is well recognized among consumers
for LPG distribution.
5. Challenges and Opportunities : The oil and gas sector globally faces challenges
related to energy transition, regulatory changes, and environmental sustainability.
BPCL, like other companies in the sector, is navigating these challenges while
exploring opportunities in new energy solutions and digital transformation.

Please note that for the most current and detailed information, especially regarding the
privatization process and recent financial performance, it's advisable to refer to the latest
reports and updates from BPCL or authoritative financial news sources.
FUTURE PLANS

Bharat Petroleum Corporation Limited (BPCL) had several future plans and strategic
initiatives in motion, which may have evolved since then. Here are some typical areas where
BPCL might focus its future plans:

1. Expansion and Modernization: BPCL continues to focus on expanding its refining

capacity and modernizing existing facilities to enhance operational efficiency and
meet growing demand for petroleum products. This includes investments in
technology upgrades and process improvements.
2. Retail Network Growth: BPCL aims to expand its retail network of fuel stations
(petrol pumps) across India. This expansion helps strengthen its market presence and
improve accessibility to consumers.
3. Diversification into New Energy: Like many other oil companies, BPCL is likely
exploring opportunities in renewable energy and alternative fuels. This may include
investments in biofuels, solar energy projects, and other sustainable energy solutions
as part of its long-term diversification strategy.
4. Digital Transformation: Embracing digital technologies to streamline operations,
enhance customer experience, and optimize supply chain management is another area
of focus. This could involve digital platforms for customer engagement, IoT (Internet
of Things) solutions for operational efficiency, and data analytics for decision-
making.
5. Environmental and Social Initiatives: BPCL is likely to continue investing in
initiatives that promote environmental sustainability and social responsibility. This
includes efforts to reduce carbon footprint, promote energy efficiency, and support
community development programs.
6. Adaptation to Regulatory Changes: Given the evolving regulatory landscape in the
energy sector, BPCL would be strategizing to adapt to new policies related to fuel
pricing, emissions standards, and other regulatory frameworks.
7. Participation in Global Markets: BPCL may explore opportunities for international
expansion or partnerships to strengthen its global footprint and secure energy
supplies.

It's essential to note that BPCL's future plans may also be influenced by broader economic
conditions, government policies, and market dynamics. For the most current and detailed
insights into BPCL's future plans, it's recommended to refer to their latest corporate
announcements, strategic plans, and financial disclosures.
SUGGESTIONS

Bharat Petroleum Corporation Limited (BPCL) to consider as it navigates its future:

1. Embrace Renewable Energy: Invest in renewable energy sources such as solar and
wind power to diversify your energy portfolio. This not only aligns with global trends
towards sustainability but also helps mitigate risks associated with fossil fuel
dependency.
2. Expand Digital Initiatives: Enhance digital capabilities across operations, customer
service, and supply chain management. Implementing advanced analytics, IoT
solutions, and digital platforms can improve efficiency, reduce costs, and enhance
customer experience.
3. Strengthen Retail Network: Continue expanding and modernizing your retail
network of fuel stations (petrol pumps) to improve accessibility and service quality
for customers. Consider integrating convenience stores or additional services to
enhance the value proposition.
4. Focus on Operational Excellence: Invest in technology upgrades and process
optimizations within your refining and distribution facilities to improve efficiency,
reduce downtime, and lower operational costs.
5. Promote Sustainability Initiatives: Increase efforts to reduce carbon footprint,
enhance energy efficiency, and promote responsible environmental practices across
all operations. Communicate these initiatives transparently to stakeholders.
6. Adapt to Regulatory Changes: Stay proactive in understanding and complying with
evolving regulatory requirements in the energy sector. Anticipate changes in fuel
pricing policies, emissions standards, and other regulatory frameworks.
7. Explore Strategic Partnerships: Identify opportunities for strategic partnerships or
collaborations, both domestically and internationally, to enhance capabilities, share
resources, and expand market reach.
8. Invest in Talent Development: Focus on nurturing talent and leadership within the
organization. Develop programs for skills enhancement, leadership training, and
succession planning to ensure long-term organizational resilience.
9. Enhance Stakeholder Engagement: Foster transparent communication with
stakeholders, including investors, customers, employees, and local communities.
Maintain a strong reputation for corporate governance and ethical business practices.
10. Monitor Industry Trends: Stay agile and responsive to emerging trends in the global
energy sector, including technological innovations, geopolitical shifts, and changing
consumer preferences.

By proactively addressing these areas, BPCL can strengthen its competitive position, foster
sustainable growth, and contribute positively to India's energy landscape.
Conclusion

Bharat Petroleum Corporation Limited (BPCL) stands as a significant player in India's oil and
gas sector, known for its robust refining capabilities, extensive retail network, and diversified
business interests. As it navigates through a dynamic energy landscape, BPCL continues to
prioritize operational excellence, sustainability initiatives, and technological innovation.

Looking ahead, BPCL's future appears to be shaped by its strategic adaptations to regulatory
changes, investments in renewable energy, and efforts to enhance stakeholder value through
transparent governance and responsible business practices. As a cornerstone of India's energy
security, BPCL remains committed to meeting the nation's growing energy demands while
contributing to sustainable development goals.

For the latest updates and detailed insights into BPCL's operations and initiatives, visiting
their official website or following credible business news sources would provide a
comprehensive view of their ongoing contributions and future directions.
BALANCE SHEET OF MAR 24 MAR 23 MAR 22 MAR 21 MAR 20
BHARAT
PETROLEUM
CORPORATION (in
Rs. Cr.)

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES

SHAREHOLDER'S
FUNDS

Equity Share Capital 2,136.29 2,129.45 2,129.45 2,092.91 1,966.88

TOTAL SHARE 2,136.29 2,129.45 2,129.45 2,092.91 1,966.88

CAPITAL

Reserves and Surplus 72,538.51 49,866.89 47,540.33 51,595.15 31,247.50

TOTAL RESERVES 72,538.51 49,866.89 47,540.33 51,595.15 31,247.50

AND SURPLUS

TOTAL 74,674.80 51,996.34 49,669.78 54,544.55 33,214.38

SHAREHOLDERS
FUNDS

NON-CURRENT
LIABILITIES

Long Term Borrowings 8,489.83 19,441.60 15,481.97 17,032.84 20,481.83

Deferred Tax Liabilities 6,670.63 7,068.31 4,882.70 4,471.55 5,967.29

[Net]

Other Long Term 10,741.07 10,246.15 8,749.45 8,209.92 6,226.58

Liabilities

Long Term Provisions 183.34 178.53 186.59 1,600.51 1,574.12

TOTAL NON- 26,084.87 36,934.59 29,300.71 31,314.82 34,249.82

CURRENT
LIABILITIES

CURRENT
LIABILITIES
Short Term Borrowings 10,277.06 16,413.20 8,641.12 4,232.81 17,721.37

Trade Payables 28,293.42 24,010.84 30,834.68 16,245.30 12,509.54

Other Current 30,687.44 28,766.31 29,184.74 32,408.09 26,942.87

Liabilities

Short Term Provisions 2,975.38 2,682.70 2,881.53 1,858.92 1,831.00

TOTAL CURRENT 72,233.30 71,873.05 71,542.07 54,745.12 59,004.78

LIABILITIES

TOTAL CAPITAL AND 172,992.97 160,803.98 150,512.56 140,604.49 126,468.98

LIABILITIES

ASSETS

NON-CURRENT
ASSETS

Tangible Assets 95,519.03 84,460.25 68,751.37 63,526.50 56,687.98

Intangible Assets 0.00 2,135.97 743.25 409.70 262.93

Capital Work-In- 0.00 5,645.05 3,312.69 7,094.78 9,108.09

Progress

Other Assets 0.00 0.01 0.03 0.05 0.21

FIXED ASSETS 95,519.03 92,269.61 72,824.61 71,388.63 66,455.83

Non-Current 10,167.35 9,595.21 15,794.55 10,889.82 10,849.48

Investments

Deferred Tax Assets 477.44 0.00 0.00 0.00 0.00

[Net]

Long Term Loans And 903.78 1,520.57 4,555.86 4,927.57 5,442.94

Advances

Other Non-Current 2,081.52 2,020.58 2,641.40 2,436.17 2,657.50

Assets

TOTAL NON- 109,149.12 105,405.97 95,816.42 89,642.19 85,405.75

CURRENT ASSETS

CURRENT ASSETS
Current Investments 4,290.67 4,277.14 4,442.27 6,794.27 5,208.54

Inventories 42,835.05 38,064.70 36,307.06 26,756.75 20,421.06

Trade Receivables 8,328.17 6,721.86 9,738.32 7,827.47 5,164.34

Cash And Cash 4,490.64 2,120.44 834.49 7,053.49 115.78

Equivalents

Short Term Loans And 136.91 142.62 135.99 137.90 590.58

Advances

OtherCurrentAssets 3,762.41 4,071.25 3,238.01 2,392.42 9,562.93

TOTAL CURRENT 63,843.85 55,398.01 54,696.14 50,962.30 41,063.23

ASSETS

TOTAL ASSETS 172,992.97 160,803.98 150,512.56 140,604.49 126,468.98

OTHER ADDITIONAL
INFORMATION

CONTINGENT
LIABILITIES,
COMMITMENTS

Contingent Liabilities 0.00 12,223.06 8,516.70 9,852.33 10,828.22

CIF VALUE OF
IMPORTS

Raw Materials 0.00 0.00 0.00 0.00 0.00

Stores, Spares And 0.00 0.00 0.00 0.00 0.00

Loose Tools

Trade/Other Goods 0.00 0.00 0.00 0.00 0.00

Capital Goods 0.00 0.00 0.00 0.00 0.00

EXPENDITURE IN
FOREIGN
EXCHANGE

Expenditure In Foreign 0.00 231,848.17 144,104.55 75,768.42 110,194.67

Currency
REMITTANCES IN
FOREIGN
CURRENCIES FOR
DIVIDENDS

Dividend Remittance In -- -- -- -- --
Foreign Currency

EARNINGS IN
FOREIGN
EXCHANGE

FOB Value Of Goods -- -- -- -- --

Other Earnings -- 15,708.29 14,830.89 6,615.55 15,167.55

BONUS DETAILS

Bonus Equity Share -- 1,882.32 1,882.32 1,882.32 1,882.32

Capital

NON-CURRENT
INVESTMENTS

Non-Current -- 673.18 637.33 328.10 221.23

Investments Quoted
Market Value

Non-Current -- 127.31 120.81 95.72 66.63

Investments Unquoted
Book Value

CURRENT
INVESTMENTS

Current Investments -- 4,277.14 4,442.20 6,794.24 5,208.54

Quoted Market Value

Current Investments -- -- -- -- --
Unquoted Book Value
BALANCE SHEET OF MAR 19 MAR 18 MAR 17 MAR 16 MAR 15
BHARAT PETROLEUM
CORPORATION (in Rs.
Cr.)

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES

SHAREHOLDER'S
FUNDS

Equity Share Capital 1,966.88 1,966.88 1,311.25 723.08 723.08

TOTAL SHARE CAPITAL 1,966.88 1,966.88 1,311.25 723.08 723.08

Reserves and Surplus 34,770.80 32,164.61 28,357.13 26,435.61 21,744.40

TOTAL RESERVES AND 34,770.80 32,164.61 28,357.13 26,435.61 21,744.40

SURPLUS

TOTAL 36,737.68 34,131.49 29,668.38 27,158.69 22,467.48

SHAREHOLDERS
FUNDS

NON-CURRENT
LIABILITIES

Long Term Borrowings 23,628.57 14,758.22 13,776.44 13,685.69 11,737.01

Deferred Tax Liabilities 6,168.99 4,955.52 3,501.71 2,228.90 1,708.26

[Net]

Other Long Term 340.49 201.54 200.69 60.73 70.03

Liabilities

Long Term Provisions 1,509.86 1,367.04 1,353.15 1,156.84 1,108.60

TOTAL NON-CURRENT 31,647.91 21,282.32 18,831.99 17,132.16 14,623.90

LIABILITIES

CURRENT LIABILITIES

Short Term Borrowings 3,580.75 8,093.01 7,227.36 23.96 40.27

Trade Payables 17,235.18 14,989.52 11,359.78 8,430.79 12,216.41

Other Current Liabilities 24,678.77 20,182.07 23,086.55 20,217.97 16,805.21

Short Term Provisions 1,746.96 1,452.76 1,815.57 3,025.84 3,575.61

TOTAL CURRENT 47,241.66 44,717.36 43,489.26 31,698.56 32,637.50

LIABILITIES

TOTAL CAPITAL AND 115,627.25 100,131.17 91,989.63 75,989.41 69,728.88

LIABILITIES

ASSETS

NON-CURRENT ASSETS

Tangible Assets 46,259.18 42,810.60 31,278.66 23,377.80 20,226.06

Intangible Assets 228.70 217.51 158.25 89.99 89.00

Capital Work-In-Progress 6,702.63 4,043.75 11,216.73 12,402.75 7,640.61

Other Assets 0.24 0.26 0.40 0.00 0.00

FIXED ASSETS 53,553.85 47,435.95 43,059.83 36,085.72 27,980.74

Non-Current Investments 10,915.73 10,631.17 9,241.11 7,875.58 7,302.05

Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 0.00

Long Term Loans And 2,515.66 3,089.91 3,783.65 3,864.84 4,077.17

Advances

Other Non-Current Assets 2,004.76 1,971.64 1,646.92 87.70 83.46

TOTAL NON-CURRENT 68,990.00 63,128.67 57,731.51 47,913.84 39,443.42

ASSETS

CURRENT ASSETS

Current Investments 5,075.89 4,995.18 5,360.34 5,098.11 5,089.09

Inventories 21,544.65 20,874.57 19,798.01 13,696.28 14,457.85

Trade Receivables 6,670.72 5,151.73 4,758.18 2,165.02 2,607.67

Cash And Cash 95.41 182.53 64.69 2,067.35 1,360.20

Equivalents
Short Term Loans And 1,628.88 71.02 70.65 1,030.81 748.39
Advances

OtherCurrentAssets 11,621.70 5,727.47 4,206.25 4,018.00 6,022.26

TOTAL CURRENT 46,637.25 37,002.50 34,258.12 28,075.57 30,285.46

ASSETS

TOTAL ASSETS 115,627.25 100,131.17 91,989.63 75,989.41 69,728.88

OTHER ADDITIONAL
INFORMATION

CONTINGENT
LIABILITIES,
COMMITMENTS

Contingent Liabilities 19,102.49 17,372.07 13,775.02 15,456.70 18,904.19

CIF VALUE OF IMPORTS

Raw Materials 0.00 0.00 0.00 43,690.17 72,139.49

Stores, Spares And Loose 0.00 0.00 0.00 0.00 0.00

Tools

Trade/Other Goods 0.00 0.00 0.00 0.00 0.00

Capital Goods 0.00 0.00 0.00 1,238.41 432.75

EXPENDITURE IN
FOREIGN EXCHANGE

Expenditure In Foreign 111,486.10 77,477.92 62,084.76 5,672.40 8,087.05

Currency

REMITTANCES IN
FOREIGN CURRENCIES
FOR DIVIDENDS

Dividend Remittance In -- -- -- -- --
Foreign Currency

EARNINGS IN FOREIGN
EXCHANGE

FOB Value Of Goods -- -- 1,695.30 7,089.97 12,364.27

Other Earnings 13,220.49 10,370.81 8,456.82 47.98 --

BONUS DETAILS

Bonus Equity Share 1,882.32 1,882.32 1,294.16 638.54 638.54

Capital

NON-CURRENT
INVESTMENTS

Non-Current Investments 495.82 575.94 594.85 4,563.80 3,535.38

Quoted Market Value

Non-Current Investments 114.31 105.27 97.81 7,183.57 6,610.04

Unquoted Book Value

CURRENT
INVESTMENTS

Current Investments 5,075.89 4,992.88 5,360.34 5,091.67 5,104.33

Quoted Market Value

Current Investments -- 2.30 -- 20.00 --

Unquoted Book Value

BALANCE SHEET OF MAR 14 MAR 13 MAR 12 MAR 11 MAR 10

BHARAT PETROLEUM
CORPORATION (in Rs. Cr.)

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND
LIABILITIES

SHAREHOLDER'S FUNDS

Equity Share Capital 723.08 723.08 361.54 361.54 361.54

TOTAL SHARE CAPITAL 723.08 723.08 361.54 361.54 361.54

Reserves and Surplus 18,735.68 15,910.94 14,552.32 13,696.08 12,725.17

TOTAL RESERVES AND 18,735.68 15,910.94 14,552.32 13,696.08 12,725.17
SURPLUS

TOTAL SHAREHOLDERS 19,458.76 16,634.02 14,913.86 14,057.62 13,086.71

FUNDS

NON-CURRENT
LIABILITIES

Long Term Borrowings 11,808.36 5,508.37 2,159.09 2,648.38 12,181.05

Deferred Tax Liabilities [Net] 1,360.90 1,655.72 1,400.56 1,007.54 1,903.48

Other Long Term Liabilities 60.74 60.82 55.96 41.25 0.00

Long Term Provisions 1,157.31 435.06 409.96 733.20 0.00

TOTAL NON-CURRENT 14,387.31 7,659.97 4,025.57 4,430.37 14,084.53

LIABILITIES

CURRENT LIABILITIES

Short Term Borrowings 8,183.70 18,058.42 19,087.35 13,809.69 10,014.15

Trade Payables 12,034.96 8,783.11 12,789.91 8,414.48 8,359.97

Other Current Liabilities 15,694.09 13,533.62 13,442.59 13,563.96 6,190.59

Short Term Provisions 2,668.59 2,318.25 1,347.70 1,599.83 2,580.59

TOTAL CURRENT 38,581.34 42,693.40 46,667.55 37,387.96 27,145.30

LIABILITIES

TOTAL CAPITAL AND 72,427.41 66,987.39 65,606.98 55,875.95 54,316.54

LIABILITIES

ASSETS

NON-CURRENT ASSETS

Tangible Assets 18,968.83 16,624.03 16,536.24 15,936.32 13,558.61

Intangible Assets 70.68 66.38 76.14 63.01 110.74

Capital Work-In-Progress 3,040.03 2,417.21 1,116.53 969.86 2,517.75

Other Assets 0.00 0.00 0.00 0.00 0.00

FIXED ASSETS 22,104.61 19,110.15 17,731.44 16,971.72 16,187.10

Non-Current Investments 7,238.10 6,942.10 4,970.29 4,945.68 12,201.32

Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 1,044.18

Long Term Loans And 3,266.66 2,528.40 3,458.97 3,166.62 0.00

Advances

Other Non-Current Assets 166.14 16.93 0.95 0.94 0.00

TOTAL NON-CURRENT 32,775.51 28,597.58 26,161.65 25,084.96 29,432.60

ASSETS

CURRENT ASSETS

Current Investments 4,608.79 5,160.90 5,947.13 7,091.38 0.00

Inventories 19,071.13 16,690.37 15,948.06 15,375.08 12,028.86

Trade Receivables 4,080.16 4,025.13 6,378.34 2,532.65 2,662.68

Cash And Cash Equivalents 203.76 2,328.86 978.85 379.03 342.36

Short Term Loans And 941.35 1,244.98 787.34 520.88 7,800.64

Advances

OtherCurrentAssets 10,746.71 8,939.57 9,405.61 4,891.97 2,049.40

TOTAL CURRENT ASSETS 39,651.90 38,389.81 39,445.33 30,790.99 24,883.94

TOTAL ASSETS 72,427.41 66,987.39 65,606.98 55,875.95 54,316.54

OTHER ADDITIONAL
INFORMATION

CONTINGENT LIABILITIES,
COMMITMENTS

Contingent Liabilities 17,397.99 11,467.93 9,589.30 9,943.94 9,382.97

CIF VALUE OF IMPORTS

Raw Materials 85,221.96 76,391.33 68,784.29 44,321.61 36,551.48

Stores, Spares And Loose 0.00 0.00 0.00 0.00 0.00
Tools

Trade/Other Goods 0.00 0.00 0.00 0.00 0.00

Capital Goods 268.84 266.72 148.29 123.98 322.15

EXPENDITURE IN
FOREIGN EXCHANGE

Expenditure In Foreign 5,856.01 5,082.97 6,073.72 7,070.06 6,631.72

Currency

REMITTANCES IN
FOREIGN CURRENCIES
FOR DIVIDENDS

Dividend Remittance In -- -- -- -- --
Foreign Currency

EARNINGS IN FOREIGN
EXCHANGE

FOB Value Of Goods 19,122.06 18,455.61 19,315.61 12,380.37 10,301.35

Other Earnings -- -- -- -- --

BONUS DETAILS

Bonus Equity Share Capital 638.54 638.54 277.00 277.00 277.00

NON-CURRENT
INVESTMENTS

Non-Current Investments 2,866.35 2,820.86 3,452.32 2,780.32 12,137.83

Quoted Market Value

Non-Current Investments 6,546.09 6,250.09 4,278.28 4,253.65 1,385.62

Unquoted Book Value

CURRENT INVESTMENTS

Current Investments Quoted 4,608.79 5,160.90 5,947.13 7,091.38 --

Market Value

Current Investments -- -- -- -- --
Unquoted Book Value
REFERNCES

1. https://www.bharatpetroleum.in/
2. https://www.moneycontrol.com/india/stockpricequote/refineries/bharatpetroleu
mcorporation/BPC#goog_rewarded
3. https://www.bharatpetroleum.in/bharat-petroleum-for/investors/shareholders-
information/financial-performance.aspx