BPCL: Retail foray - Views on News from Equitymaster

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

  • MyStocks

MEMBER'S LOGINX

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

BPCL: Retail foray

May 28, 2001

Bharat Petroleum (BPCL) stock has shot up over the last six months by 150% from Rs 80 to Rs 202. This could be mainly due to the meltdown in the TMT sector with participants re-allocating portfolio funds. The company is planning a strong retail foray at its service stations across the country. Initially, the company plans to focus on the metros namely, Delhi, Mumbai and Chennai and is targeting to establish 40 stores. At a latter date BPCL will attempt a national foray augmenting the chain to 300 such stores.

In & Out Stores, the brand name of the chain, will attempt to provide a wide range of services. BPCL is reported to have signed up with leading national and international brands to offer these services.

Retail push
Partner Product
Kotak Securities Financial services
Kodak Photo-shop
Sony Music Music corner
SaReGaMa India
Qwiky's Coffee retailer
Pepsi Aerated drinks
HLL Kwality Walls
Stanchart, ICICI, UTI ATM services
DHL Courier
Go4ticketing.com ticket vending
ITC Greeting cards
Canon fax, copying etc.

The company has a 4,489 retail outlets all over India. The setting up of convenience stores involves an estimated capex of Rs 0.7 m per store. The company is targeting daily sales of Rs 25,000 - Rs 30,000 from the bigger stores and Rs 8,000 - 10,000 from smaller ones. At these rates non-fuel sales will represent an insignificant amount compared to the fuel sales generated by the company.


Equitymaster requests your view! Post a comment on "BPCL: Retail foray". Click here!

  

More Views on News

BPCL Announces Quarterly Results (4QFY20); Net Profit Down 143.6% (Quarterly Result Update)

Jun 4, 2020 | Updated on Jun 4, 2020

For the quarter ended March 2020, BPCL has posted a net profit of Rs 14 bn (down 143.6% YoY). Sales on the other hand came in at Rs 813 bn (down 3.2% YoY). Read on for a complete analysis of BPCL's quarterly results.

BPCL Announces Quarterly Results (3QFY20); Net Profit Up 154.6% (Quarterly Result Update)

Feb 19, 2020 | Updated on Feb 19, 2020

For the quarter ended December 2019, BPCL has posted a net profit of Rs 13 bn (up 154.6% YoY). Sales on the other hand came in at Rs 854 bn (down 3.3% YoY). Read on for a complete analysis of BPCL's quarterly results.

BPCL 2018-19 Annual Report Analysis (Annual Result Update)

Sep 5, 2019 | Updated on Sep 5, 2019

Here's an analysis of the annual report of BPCL for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of BPCL. Also includes updates on the valuation of BPCL.

More Views on News

Most Popular

How the 8-Year Cycle Can Help Identify Multibaggers (Fast Profits Daily)

Sep 11, 2020

This is how you can apply the greed and fear cycle in the market to pick stocks.

Why am I Recommending Caution? (Fast Profits Daily)

Sep 9, 2020

This is why I have changed my short-term view on the market.

Why We Picked This Small-cap Stock for Our Hidden Treasure Subscribers (Profit Hunter)

Sep 17, 2020

This leading household brand will profit big time in a post covid world.

This Could Be the Best September for Auto Stocks (Profit Hunter)

Sep 11, 2020

Here's why I think this month could be a great for auto stocks.

More

Covid-19 Proof
Multibagger Stocks

Covid19 Proof Multibaggers
Get this special report, authored by Equitymaster's top analysts now!
We will never sell or rent your email id.
Please read our Terms

BPCL SHARE PRICE


Sep 22, 2020 (Close)

TRACK BPCL

BPCL - BGR ENERGY COMPARISON

COMPARE BPCL WITH

MARKET STATS