Hindustan Petroleum

Hindustan Petroleum Corporation Limited
Company typeSubsidiary
ISININE094A01015
IndustryPetroleum
Founded5 July 1952 (1952-07-05)
HeadquartersMumbai, Maharashtra, India
Key people
Pushp Kumar Joshi (CMD)[1]
Products
RevenueIncrease 467,964.52 crore (US$59 billion) (2023)[2]
Decrease −12,475.43 crore (US$−1.6 billion) (2023)[2]
Decrease −6,980.23 crore (US$−870 million) (2023)[2]
Total assetsIncrease 161,339.51 crore (US$20 billion) (2023)[2]
Total equityDecrease 32,263.27 crore (US$4.0 billion) (2023)[2]
Number of employees
Decrease 8,504 (2023)[2]
ParentOil and Natural Gas Corporation[3]
Subsidiaries
  • Prize Petroleum Company Limited
  • HPCL Biofuels Limited
  • HPCL Middle East FZCO
  • HPCL LNG Limited
Websitehindustanpetroleum.com

Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai, and a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas, Government of India.[4][5][6]

Since 2018, Oil and Natural Gas Corporation has owned majority of its stake.[3] It is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016.[7] On 24 October 2019, it became a Maharatna (PSU).[8]

  1. ^ Limited, Hindustan Petroleum Corporation. "Bod".
  2. ^ a b c d e f https://www.bseindia.com/xml-data/corpfiling/AttachLive/79c68c58-9ab0-402c-b045-17aa73366602.pdf. {{cite web}}: Missing or empty |title= (help)
  3. ^ a b "ONGC buys govt's entire 51.11% stake in HPCL for Rs 36,915 crore". The Economic Times. Archived from the original on 18 June 2018. Retrieved 10 October 2018.
  4. ^ "Latest Shareholding Pattern - Hindustan Petroleum Corporation Ltd". trendlyne.com. Retrieved 29 July 2020.
  5. ^ "Sustainability report 2013-14" (PDF). 2014. p. 7. Archived (PDF) from the original on 17 March 2015. Retrieved 13 May 2015.
  6. ^ "List of Maharatna, Navratna and Miniratna CPSEs |". Archived from the original on 19 July 2013. Retrieved 28 July 2013.
  7. ^ "Fortune Global 500 list". CNN Money. Archived from the original on 21 August 2016. Retrieved 22 July 2016.
  8. ^ "Govt accords 'Maharatna' status to Hindustan Petroleum, Power Grid Corp". Business Standard India. Press Trust of India. 23 October 2019. Retrieved 2 August 2020.

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