BPCL Share Price Target From 2023 to 2030

Share of BPCL is currently trading at around Rs.347/- Existing as well as prospective investors are asking for the BPCL share price target from 2023 to 2030. In this article, we will discuss about the business prospects and financial performance of BPCL and based on our discussion and analysis will tell you the BPCL Share Price Target from 2023 to 2030.  

Following are the frequently asked questions by the existing as well as prospective investors, about the Bharat Petroleum Corporation Limited :

• Is it good to invest in BPCL now?
• Can I buy BPCL stock?
• Does BPCL have a future?
• Is BPCL a blue chip stock?

Discussion & Analysis of Business & Financial performance of Bharat Petroleum Corporation Limited (BPCL) :

Bharat Petroleum Corporation Limited (BPCL) is a government-owned oil and gas company based in Mumbai, India. The company is involved in the refining, marketing, and distribution of petroleum products. It operates four refineries in India and has a wide network of retail outlets across the country. In this article, we will examine the business and financial performance of BPCL.

Business Performance:

BPCL’s business performance has been affected by various factors such as global oil prices, government policies, and the COVID-19 pandemic. Here are some of the key highlights of BPCL’s business performance:

1. Refining Capacity: BPCL has a refining capacity of 38.3 million metric tonnes per annum (MMTPA) across its four refineries. In FY2021, the company’s refining throughput was 33.3 MMTPA, a decrease of 13% from the previous year due to lower demand for petroleum products.
2. Marketing and Distribution: BPCL has a vast network of retail outlets in India. The company has over 18,000 retail outlets, 7,000 LPG distributors, and 900+ aviation fuel stations. In FY2021, the company’s marketing and distribution segment accounted for 85% of its total revenue.
3. Exploration and Production: BPCL has stakes in several oil and gas exploration blocks in India and abroad. In FY2021, the company’s exploration and production segment contributed only 1% to its total revenue.
4. Financial Performance: BPCL’s revenue for FY2021 was INR 2.48 trillion, a decrease of 22% from the previous year due to lower refining throughput and lower crude oil prices. The company’s net profit for the year was INR 7.68 billion, a decrease of 96% from the previous year due to inventory losses and lower refining margins.

Financial Performance:

BPCL’s financial performance has been affected by various factors such as global oil prices, government policies, and the COVID-19 pandemic. Here are some of the key highlights of BPCL’s financial performance:

1. Revenue: BPCL’s revenue for FY2021 was INR 2.48 trillion, a decrease of 22% from the previous year due to lower refining throughput and lower crude oil prices.
2. Gross Profit Margin: BPCL’s gross profit margin for FY2021 was 6.2%, a decrease of 6.5% from the previous year due to inventory losses and lower refining margins.
3. Net Profit Margin: BPCL’s net profit margin for FY2021 was 0.3%, a decrease of 5.6% from the previous year due to lower refining margins and inventory losses.
4. Return on Equity (ROE): BPCL’s ROE for FY2021 was 1.7%, a decrease of 16.2% from the previous year due to lower profits.
5. Debt-to-Equity Ratio: BPCL’s debt-to-equity ratio for FY2021 was 1.3, which indicates that the company has a higher level of debt compared to equity.

Overall, BPCL’s business and financial performance have been impacted by the COVID-19 pandemic and lower demand for petroleum products. However, the company’s vast network of retail outlets and its presence in the exploration and production segment provide it with some diversification. In the long run, BPCL’s performance will depend on factors such as government policies, global oil prices, and the transition to cleaner energy sources.

BPCL Share Price Target 2023

Based on the above discussion and analysis, the share price of BPCL may touch the level of around Rs.375-425 in 2023.

BPCL Share Price Target 2024

Based on the above discussion and analysis, the share price of BPCL is likely to touch the level of around Rs.450-500 in 2024

BPCL Share Price Target 2025

Based on the above discussion and analysis, the share price of BPCL is likely to remain in the range of Rs.525-575 in 2025.

BPCL Share Price Target 2026

Based on the above discussion and analysis, the share price of BPCL  may touch the level of around Rs.600-650 in 2026.

BPCL Share Price Target 2027

Based on the above discussion and analysis, the share price of BPCL  is likely to touch the level of around Rs.675-725 in 2027

BPCL Share Price Target 2028

Based on the above discussion and analysis, the share price of BPCL  is likely to remain in the range of Rs.750-800 in 2028

BPCL Share Price Target 2029

Based on the above discussion and analysis, the share price of BPCL  is likely to touch the level of around Rs.825-875 in 2029

BPCL Share Price Target 2030

Based on the above discussion and analysis, the share price of BPCL is likely to remain in the range of Rs.900-1000 in 2030

Disclaimer: Share Prices are subject to market fluctuations and are dependent on several factors. These predictions are based on the current market conditions and the future market expectations. Investors are advised to take into consideration all these factors before making any investment in Capital Market. This article should not be treated as Investment advisory and is for general guidance purpose only. We keep revising our share price targets based on the latest information available with us. Please keep visiting our website regularly to keep yourself updated. MoneyInsight does not offer investment advice and does not encourage any action based on its content.

Also Read :