Hindustan Petroleum Corporation Limited (HINDPETRO) - Net Assets

Latest as of March 2026: Rs655.56 Billion INR ≈ $7.09 Billion USD

Based on the latest financial reports, Hindustan Petroleum Corporation Limited (HINDPETRO) has net assets worth Rs655.56 Billion INR (≈ $7.09 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.03 Trillion ≈ $21.96 Billion USD) and total liabilities (Rs1.37 Trillion ≈ $14.87 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore HINDPETRO current and non-current assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs655.56 Billion
% of Total Assets	32.29%
Annual Growth Rate	10.32%
5-Year Change	58.33%
10-Year Change	211.11%
Growth Volatility	13.05

Hindustan Petroleum Corporation Limited - Net Assets Trend (2004–2026)

This chart illustrates how Hindustan Petroleum Corporation Limited's net assets have evolved over time, based on quarterly financial data. Check how tangible is Hindustan Petroleum Corporation Limited's equity to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Hindustan Petroleum Corporation Limited (2004–2026)

The table below shows the annual net assets of Hindustan Petroleum Corporation Limited from 2004 to 2026. For live valuation and market cap data, see Hindustan Petroleum Corporation Limited (HINDPETRO) market capitalisation.

Year	Net Assets	Change
2026-03-31	Rs655.56 Billion ≈ $7.09 Billion	+28.18%
2025-03-31	Rs511.44 Billion ≈ $5.53 Billion	+9.00%
2024-03-31	Rs469.21 Billion ≈ $5.07 Billion	+45.43%
2023-03-31	Rs322.63 Billion ≈ $3.49 Billion	-22.08%
2022-03-31	Rs414.04 Billion ≈ $4.48 Billion	+8.73%
2021-03-31	Rs380.81 Billion ≈ $4.12 Billion	+22.92%
2020-03-31	Rs309.81 Billion ≈ $3.35 Billion	+1.91%
2019-03-31	Rs304.01 Billion ≈ $3.29 Billion	+19.07%
2018-03-31	Rs255.32 Billion ≈ $2.76 Billion	+21.17%
2017-03-31	Rs210.71 Billion ≈ $2.28 Billion	+21.33%
2016-03-31	Rs173.66 Billion ≈ $1.88 Billion	+23.70%
2015-03-31	Rs140.39 Billion ≈ $1.52 Billion	+0.26%
2014-03-31	Rs140.02 Billion ≈ $1.51 Billion	+4.81%
2013-03-31	Rs133.60 Billion ≈ $1.44 Billion	+0.88%
2012-03-31	Rs132.44 Billion ≈ $1.43 Billion	-0.29%
2011-03-31	Rs132.83 Billion ≈ $1.44 Billion	+8.18%
2010-03-31	Rs122.78 Billion ≈ $1.33 Billion	+10.18%
2009-03-31	Rs111.44 Billion ≈ $1.21 Billion	+3.52%
2008-03-31	Rs107.65 Billion ≈ $1.16 Billion	+12.50%
2007-03-31	Rs95.69 Billion ≈ $1.03 Billion	+10.16%
2006-03-31	Rs86.87 Billion ≈ $939.46 Million	+3.73%
2005-03-31	Rs83.74 Billion ≈ $905.65 Million	+10.86%
2004-03-31	Rs75.54 Billion ≈ $816.95 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Hindustan Petroleum Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs21.28 Billion	3.25%
Other Components	Rs634.28 Billion	96.75%
Total Equity	Rs655.56 Billion	100.00%

Hindustan Petroleum Corporation Limited Competitors by Market Cap

The table below lists competitors of Hindustan Petroleum Corporation Limited ranked by their market capitalization.

Company	Market Cap
Fujikura Ltd NYSE:FJIKY	$9.05 Billion
Hotai Motor Co Ltd TW:2207	$9.06 Billion
MP Materials Corp NYSE:MP	$9.06 Billion
Joulwatt Technology Co. Ltd. A SHG:688141	$9.06 Billion
Tempus AI, Inc. Class A Common Stock NASDAQ:TEM	$9.04 Billion
Petronas Chemicals Group Bhd KLSE:5183	$9.04 Billion
MISC Bhd KLSE:3816	$9.03 Billion
Petro Rio S.A. SA:PRIO3	$9.03 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hindustan Petroleum Corporation Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 511,442,900,000 to 655,561,200,000, a change of 144,118,300,000 (28.2%).
Net income of 180,468,900,000 contributed positively to equity growth.
Dividend payments of 32,983,600,000 reduced retained earnings.
Other comprehensive income decreased equity by 7,002,700,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs180.47 Billion	+27.53%
Dividends Paid	Rs32.98 Billion	-5.03%
Other Comprehensive Income	Rs-7.00 Billion	-1.07%
Other Changes	Rs3.64 Billion	+0.55%
Total Change	Rs-	28.18%

Book Value vs Market Value Analysis

This analysis compares Hindustan Petroleum Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.28x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 7.93x to 1.28x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-03-31	Rs49.54	Rs393.05	x
2005-03-31	Rs54.91	Rs393.05	x
2006-03-31	Rs56.95	Rs393.05	x
2007-03-31	Rs62.75	Rs393.05	x
2008-03-31	Rs70.51	Rs393.05	x
2009-03-31	Rs73.14	Rs393.05	x
2010-03-31	Rs80.56	Rs393.05	x
2011-03-31	Rs87.17	Rs393.05	x
2012-03-31	Rs86.89	Rs393.05	x
2013-03-31	Rs87.66	Rs393.05	x
2014-03-31	Rs91.87	Rs393.05	x
2015-03-31	Rs91.38	Rs393.05	x
2016-03-31	Rs113.71	Rs393.05	x
2017-03-31	Rs138.28	Rs393.05	x
2018-03-31	Rs167.56	Rs393.05	x
2019-03-31	Rs199.50	Rs393.05	x
2020-03-31	Rs203.31	Rs393.05	x
2021-03-31	Rs252.01	Rs393.05	x
2022-03-31	Rs291.54	Rs393.05	x
2023-03-31	Rs227.44	Rs393.05	x
2024-03-31	Rs330.76	Rs393.05	x
2025-03-31	Rs240.39	Rs393.05	x
2026-03-31	Rs308.08	Rs393.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hindustan Petroleum Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 27.53%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.09%
• Asset Turnover: 2.18x
• Equity Multiplier: 3.10x
Recent ROE (27.53%) is above the historical average (15.60%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	26.16%	3.78%	2.68x	2.58x	Rs12.20 Billion
2005	16.90%	2.27%	3.11x	2.40x	Rs5.78 Billion
2006	5.20%	0.62%	2.80x	2.98x	Rs-4.17 Billion
2007	17.49%	1.89%	2.70x	3.43x	Rs7.17 Billion
2008	12.67%	1.34%	2.37x	4.00x	Rs2.88 Billion
2009	6.80%	0.67%	2.30x	4.43x	Rs-3.57 Billion
2010	12.02%	1.40%	1.85x	4.64x	Rs2.48 Billion
2011	12.81%	1.32%	1.85x	5.23x	Rs3.74 Billion
2012	1.33%	0.10%	2.16x	6.46x	Rs-11.48 Billion
2013	3.75%	0.23%	2.34x	6.91x	Rs-8.35 Billion
2014	7.72%	0.46%	2.42x	6.91x	Rs-3.20 Billion
2015	10.76%	0.69%	2.53x	6.16x	Rs1.06 Billion
2016	28.40%	2.77%	2.03x	5.06x	Rs31.89 Billion
2017	39.09%	4.40%	2.33x	3.81x	Rs61.29 Billion
2018	28.27%	3.30%	2.44x	3.51x	Rs46.65 Billion
2019	22.01%	2.44%	2.56x	3.53x	Rs36.51 Billion
2020	8.52%	0.98%	2.29x	3.77x	Rs-4.59 Billion
2021	28.00%	4.59%	1.73x	3.52x	Rs68.55 Billion
2022	17.62%	2.09%	2.25x	3.73x	Rs31.54 Billion
2023	-21.64%	-1.59%	2.72x	5.00x	Rs-102.07 Billion
2024	34.13%	3.71%	2.36x	3.90x	Rs113.22 Billion
2025	13.17%	1.56%	2.22x	3.81x	Rs16.21 Billion
2026	27.53%	4.09%	2.18x	3.10x	Rs114.91 Billion

Industry Comparison

This section compares Hindustan Petroleum Corporation Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.

Industry Context

Industry: Oil & Gas Refining & Marketing
Average net assets among peers: $208,078,984,991
Average return on equity (ROE) among peers: 21.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Hindustan Petroleum Corporation Limited (HINDPETRO)	Rs655.56 Billion	26.16%	2.10x	$9.04 Billion
Bharat Petroleum Corporation Limited (BPCL)	$142.13 Billion	4.46%	2.80x	$14.83 Billion
Castrol India Limited (CASTROLIND)	$6.49 Billion	68.91%	1.28x	$2.05 Billion
Gandhar Oil Refinery (India) Limited (GANDHAR)	$1.40 Billion	21.94%	4.43x	$256.92 Million
GP Petroleums Limited (GULFPETRO)	$1.27 Billion	3.97%	0.80x	$31.28 Million
Indian Oil Corporation Limited (IOC)	$1.04 Trillion	19.09%	1.63x	$21.90 Billion
Mangalore Refinery and Petrochemicals Limited (MRPL)	$61.39 Billion	8.24%	6.13x	$3.17 Billion
Panama Petrochem Limited (PANAMAPET)	$1.01 Billion	23.68%	1.68x	$330.25 Million
Reliance Industries Limited (RELIANCE)	$410.94 Billion	18.56%	0.98x	$195.35 Billion

About Hindustan Petroleum Corporation Limited

NSE:HINDPETRO India Oil & Gas Refining & Marketing

Market Cap

$9.04 Billion

Rs836.34 Billion INR

Market Cap Rank

#2431 Global

#99 in India

Share Price

Rs393.05

Change (1 day)

-0.49%

52-Week Range

Rs319.15 - Rs499.05

All Time High

Rs499.05