Navratna PSU Dividend: HPCL Declares Q4 Results, Cash Reward For FY25: Check Record and Payment Date Details

A government-owned Navratna public sector undertaking (PSU) Hindustan Petroleum Corporation Limited (HPCL) has declared a final dividend for the financial year 2024-25 (FY25). The announcement was made along with the company's financial results for the fourth quarter (Q4) and full year ending March 31, 2025. HPCL's solid performance has drawn attention from investors and market watchers.

HPCL Dividend Price and Record Date

HPCL has proposed a final dividend of Rs 10.50 for each equity share, which means shareholders will receive this amount for every share they own. However, this payout will only take place if it is approved by shareholders at the company's upcoming Annual General Meeting (AGM). To be eligible to receive the dividend, investors must hold HPCL shares by August 14, 2025, which is the record date. Once the dividend is approved at the AGM, the company plans to distribute the payment within 30 days.

According to the brokerage firm Trendlyne, HPCL paid a total dividend of Rs 11.00 per share over the last 12 months, resulting in a dividend yield of 2.77%. The most recent final dividend of Rs 11 had a record date of August 9, 2024.

HPCL Q4 Results and FY25 Performance Highlights

In the January-March quarter of FY25, HPCL reported a standalone Profit After Tax (PAT) of Rs 3,355 crore, an 18% increase from Rs 2,843 crore in the same period last year. Consolidated PAT rose to Rs 3,415 crore from Rs 2,709 crore year-on-year (YOY). While revenue from operations dipped slightly to Rs 1,18,334 crore from Rs 1,21,533 crore, EBITDA grew 3.6% quarter-on-quarter to Rs 5,237 crore. The EBITDA margin declined slightly to 4.8%.

For the full year FY25, HPCL achieved its highest-ever refinery throughput of 25.27 million metric tonnes (MMT). This included over 15 MMT from the Visakh Refinery and nearly 10 MMT from the Mumbai Refinery. HPCL also recorded its highest annual sales volume at 49.82 MMT, driven by 5.5% growth in domestic market sales, exceeding the industry average of 4.2%. The company's pipeline throughput also reached a record 26.90 MMT.

LPG Price Gap Creates Rs 10,894 Crore Negative Buffer for HPCL

However, HPCL reported that the company has a negative buffer of Rs 10,894.53 crore at present. This is due to the gap between the market price of LPG cylinders and the subsidised price paid by consumers. The Ministry of Petroleum and Natural Gas (MoPNG) has instructed oil companies to keep this amount in a separate account for future adjustments. Since the Government of India has not yet officially approved this amount, HPCL has not included it as income or receivable in its financial statements.

HPCL Share Price: HPCL Stock Movement

HPCL share price gained 2 percent in trade today, reaching an intraday high of Rs 405 per share on the Bombay Stock Exchange (BSE). The demand for the stock surged after the company announced its Q4 results along with a dividend.

At 12:11 PM on May 7, HPCL shares were trading 1.3 percent higher at Rs 402.05 per share on the BSE. In comparison, the BSE Sensex was down 0.06 percent at 80,589.96. The market capitalisation of the company stood at Rs 85,549.10 crore. The 52-week high for the stock was Rs 457.20 per share, while the 52-week low was Rs 287.55 per share.

Just before releasing its Q4 results, HPCL shares ended the day 3.3% lower, settling at Rs 396.90 on the BSE.

About HPCL

Hindustan Petroleum Corporation Limited (HPCL) is a state-owned company in India involved in refining crude oil and distributing a range of petroleum products. The company operates two refineries-one located in Mumbai on the West Coast and the other in Visakhapatnam on the East Coast. HPCL also deals with lubricants, LPG, and other related products.