HPCL: Subsidy sharing bonanza - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

StockSelect
  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

HPCL: Subsidy sharing bonanza

Jan 30, 2004

HPCL, the second largest oil refining and marketing company in India, has declared good results for 3QFY04. Though the topline for the quarter has increased only marginally, the bottomline has registered a YoY growth of 135%. The operating margins during the quarter have also improved by about 510 basis points. The performance for nine months ending December 2003 has also been good with the topline growth standing at 10% and bottomline increasing by 52%.

(Rs m) 3QFY03 3QFY04 Change 9mFY03 9mFY04 Change
Net Sales 142,102 142,595 0.3% 360,712 397,495 10.2%
Other Income 890 408 -54.1% 2,201 1,525 -30.7%
Expenditure 136,027 129,248 -5.0% 343,221 372,728 8.6%
Operating Profit (EBDIT) 6,075 13,346 119.7% 17,491 24,766 41.6%
Operating Profit Margin (%) 4.3% 9.4% 4.8% 6.2%
Interest 346 166 -52.1% 1,249 394 -68.5%
Depreciation 1,412 1,492 5.7% 4,181 4,436 6.1%
Profit before Tax 5,208 12,097 132.3% 14,262 21,462 50.5%
Tax 1,902 4,340 128.2% 5,230 7,703 47.3%
Profit after Tax/(Loss) 3,306 7,757 134.6% 9,033 13,759 52.3%
Net profit margin (%) 2.3% 5.4% 2.5% 3.5%
No. of Shares 338.8 338.8 338.8 338.8  
Diluted Earnings per share* 39.0 91.6   35.5 54.1  
P/E Ratio 4.9     8.3  
*(annualised)      /FONT>      

To Read the Full Story, Subscribe or Sign In
To Read the Full Story, Subscribe or Sign In


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

HPCL SHARE PRICE


Apr 13, 2021 03:38 PM

TRACK HPCL

HPCL - RELIANCE IND. COMPARISON

COMPARE HPCL WITH

MARKET STATS