HPCL (HP Gas) Stock in Focus: Record FY26 Profit and ₹19.25 Dividend
HPCL stock is trending because Hindustan Petroleum Corporation Limited reported a record annual profit for FY26 and its board declared a final dividend of Rs 19.25 per share, with a record date of August 14, 2026. At the same time, news around the company’s new Rajasthan refinery and pressure across oil marketing companies has kept HPCL share price in focus. “HP Gas” is the popular LPG cooking-gas brand of HPCL, so searches for HP Gas often point to this same listed company, traded as HINDPETRO.
Quick summary: The main reasons HPCL stock is in the news are its record FY26 net profit, a Rs 19.25 per share final dividend, a refinery milestone at HPCL Rajasthan Refinery (HRRL), and wider oil-sector volatility linked to crude oil prices. This article is purely informational and reports publicly available facts.
Current Share Price of HPCL Stock
Here is a snapshot of the HPCL share price and key market data based on the latest available information. Markets move continuously, so treat these as reference figures.
| Item | Details (latest available) |
|---|---|
| Current Share Price | Around Rs 403 (NSE, mid-June 2026) |
| Day Change | About +3.8% on the reference day |
| 52-Week High | Rs 508.45 (January 5, 2026) |
| 52-Week Low | Rs 316.20 (March 23, 2026) |
| Market Capitalization | Around Rs 82,750 crore |
| Sector | Oil and Gas (refining and marketing) |
| Exchange | NSE (HINDPETRO) and BSE (500104) |
Prices may change during market hours. For live quotes, always check the NSE or BSE website.
Why Is HPCL In News?
Several factual developments have put HPCL stock in the spotlight in 2026. Reporting them in order helps explain why people are searching for HPCL stock news and HPCL latest updates.
- Record FY26 results: HPCL reported its highest-ever annual profit, which drew strong investor attention.
- Rs 19.25 dividend: The board recommended a final dividend, with August 14, 2026 set as the record date.
- HRRL refinery update: The company informed exchanges about progress at HPCL Rajasthan Refinery Limited (HRRL).
- Oil-sector volatility: Movements in global crude oil prices and West Asia tensions affected all oil marketing companies, including HPCL.
- Corporate notices: HPCL issued routine updates on unclaimed dividends and management changes.
Latest Company Updates
Earnings results
For Q4 FY26, HPCL reported a standalone net profit of about Rs 4,902 crore, up around 46% from Rs 3,355 crore a year earlier. On a consolidated basis, Q4 net profit was about Rs 6,065 crore. Quarterly revenue from operations was around Rs 1.23 lakh crore. The company’s gross refining margin (GRM) rose to about $14.27 per barrel in the quarter, compared with $8.44 a year earlier.
Dividend announcement
The board recommended a final dividend of Rs 19.25 per equity share (face value Rs 10) for FY26, subject to shareholder approval. This is in addition to an interim dividend of Rs 5 per share already paid during the year, taking the total FY26 dividend to Rs 24.25 per share. The record date for the final dividend is August 14, 2026.
| Dividend & Q4 FY26 Snapshot | Detail |
|---|---|
| Final Dividend (FY26) | Rs 19.25 per share (face value Rs 10) |
| Interim Dividend (already paid) | Rs 5 per share |
| Total FY26 Dividend | Rs 24.25 per share |
| Record Date | August 14, 2026 |
| Q4 FY26 Net Profit (Standalone) | About Rs 4,902 crore (up about 46%) |
| Q4 FY26 GRM | About $14.27 per barrel |
HRRL refinery (new project)
HPCL informed the stock exchanges about its HPCL Rajasthan Refinery Limited (HRRL) project. As per the update, the crude distillation unit was restored on June 18, 2026, and LPG and petcoke sales started, with diesel and petrol dispatches expected to follow. This is a major infrastructure development for the company.
Regulatory and management updates
HPCL also released routine regulatory notices, including a reminder to shareholders to claim old unclaimed dividends before transfer to the IEPF, and intimations about changes in its management team. These are standard exchange filings.
Key Facts About The Company
Before looking at the numbers, here are the basic facts about Hindustan Petroleum Corporation Limited, the company behind the HP Gas brand.
| Detail | Information |
|---|---|
| Founded | July 5, 1952 (became HPCL in 1974) |
| Industry | Oil and Gas, refining and marketing (OMC) |
| Headquarters | Mumbai, Maharashtra, India |
| Ownership | Government PSU, ONGC holds about 54.9% |
| Main Business | Refining crude oil and marketing petroleum products |
| Key Products/Services | Petrol, diesel, LPG (HP Gas), lubricants, aviation fuel |
How The Market Reacted
After the FY26 results and dividend news, HPCL stock saw active trading and increased investor interest, with the share price rising in the sessions that followed the announcement. Through 2026, the stock had earlier come under pressure along with other oil marketing companies due to crude oil volatility and global tensions, and it traded well below its 52-week high. The results gave the market a fresh set of facts to react to. Trading volumes in HPCL stock are generally high, as it is a widely tracked large-cap PSU. This section describes what happened and does not forecast any future movement.
Recent Financial Highlights
The table below summarises HPCL’s key financial figures for FY26, based on the company’s reported results. These are full-year numbers unless stated otherwise.
| Metric (FY26) | Value |
|---|---|
| Revenue from Operations | About Rs 4,78,543 crore |
| Net Profit (Standalone) | About Rs 17,175 crore (record high) |
| Net Profit (Consolidated) | About Rs 18,047 crore |
| EBITDA | About Rs 33,182 crore |
| Borrowings (Debt) | About Rs 47,599 crore |
| Debt-to-Equity Ratio | About 0.80 (improved from 1.38) |
| Capital Expenditure | About Rs 15,705 crore |
| Gross Refining Margin | About $8.79 per barrel (vs $5.74) |
HPCL crossed the Rs 17,000 crore standalone annual profit mark for the first time in its history in FY26. Its refineries also recorded their highest-ever crude throughput of about 26.04 million tonnes and a record distillate yield of around 75.8%. The company noted government compensation toward LPG under-recoveries during the year, which supported profitability.
What Investors Are Searching About This Stock
Why is HPCL stock trending today?
Mainly due to its record FY26 profit, a Rs 19.25 per share final dividend with an August 14, 2026 record date, and an update on its HRRL Rajasthan refinery.
Is HP Gas a separate stock from HPCL?
No. HP Gas is the LPG cooking-gas brand of Hindustan Petroleum Corporation Limited (HPCL). The listed company is HPCL, traded as HINDPETRO.
What does the company do?
HPCL refines crude oil and markets petroleum products such as petrol, diesel, LPG, lubricants, and aviation fuel across India.
What was the latest announcement?
HPCL announced its FY26 results, a final dividend of Rs 19.25 per share, and an update on the HRRL refinery to the stock exchanges.
Is the company profitable?
Yes. HPCL reported a record standalone net profit of about Rs 17,175 crore for FY26.
What were the latest financial results?
FY26 revenue was about Rs 4,78,543 crore with standalone net profit of about Rs 17,175 crore, supported by stronger refining margins.
What is the HPCL dividend for FY26?
A final dividend of Rs 19.25 per share, plus an interim dividend of Rs 5 already paid, for a total of Rs 24.25 per share. The final dividend record date is August 14, 2026.
What is the HPCL share price now?
It was around Rs 403 on the NSE in mid-June 2026, but prices change during market hours. Check the NSE or BSE for live quotes.
What is the 52-week high and low?
The 52-week high was Rs 508.45 and the 52-week low was Rs 316.20.
Who owns HPCL?
HPCL is a government public sector undertaking, with ONGC holding about 54.9% of the company.
What is the HRRL refinery?
HRRL is HPCL Rajasthan Refinery Limited, a major refinery project. The company recently told exchanges that its crude unit was restored and product sales had begun.
Why did HPCL stock fall earlier in 2026?
Along with other oil marketing companies, it came under pressure due to higher crude oil prices and global tensions, which can squeeze fuel margins.
On which exchanges is HPCL listed?
HPCL is listed on the NSE as HINDPETRO and on the BSE under code 500104.
Related Industry Context
HPCL is one of India’s three large public sector oil marketing companies, along with Indian Oil and BPCL. The earnings of these companies depend heavily on global crude oil prices, refining margins, the rupee-dollar exchange rate, and government fuel pricing. When crude prices rise sharply, marketing margins on petrol and diesel can come under pressure, which is why oil-sector stocks often move together on global news. In 2026, tensions in West Asia and swings in crude prices kept the whole sector volatile. At the same time, companies like HPCL are investing in refinery expansion and new energy areas such as EV charging and biofuels. To understand how broad economic data and policy affect markets like this, you can read more on our blog about GDP and the economy, inflation data (CPI), and how central banks influence markets. If you are new to markets, our stock market classes and free trading course explain the basics.
Authority references and official sources:
1. National Stock Exchange (NSE) HINDPETRO page: nseindia.com
2. BSE HPCL (code 500104) page: bseindia.com
3. HPCL official Investor Relations: hindustanpetroleum.com
4. HPCL exchange filings and results (announced May 13, 2026) and HRRL intimation (June 18, 2026) on NSE and BSE.
Important Note: This article is for informational purposes only and should not be considered investment advice. Readers should conduct their own research before making financial decisions. All figures are based on publicly available information and may change. There are no buy or sell recommendations, target prices, or future predictions in this article.