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Hindustan Petroleum

Hindustan Petroleum
Company nameHindustan Petroleum Corporation Limited
Company typeState-owned enterprise
Public (BSE - 500104, NSE - HINDPETRO)
SloganFuture full of Energy
HeadquartersMumbai, Maharashtra, India
Key peopleS Roy Choudhury
(Chairman & MD)
Revenue(+) 139315.86 Crore (2011)
Operating income3753.09 Crore million (201)
Net income(+) 1539.01 Crore(2011)
Total assets(+) US$ 12.764 billion (2010)
Total equity(+) US$ 2.727 billion (2010)
Employees11,246 (2009)

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Hindustan Petroleum Corporation Limited (HPCL) (BSE - 500104, NSE - HINDPETRO), is an Indian state-owned oil company headquartered at Mumbai, India and is a Fortune 500 company of India listed at number 336.

HPCL operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) of 6.5 Million Metric Tonnes Per Annum (MMTPA) capacity and the other in Vishakapatnam, (East Coast) with a capacity of 8.3 MMTPA. HPCL holds an equity stake of 16.95% in Mangalore Refinery & Petrochemicals Limited (MRPL), a state-of-the-art refinery at Mangalore with a capacity of 9 MMTPA. Another Refinery of 9 MMTPA is under construction in Bathinda, Punjab by HMEL, a Joint Venture with Mittal Energy Investments Pte.Ltd.

HPCL also owns and operates the largest Lube Refinery in India producing Lube Base Oils of international standards. With a capacity of 335 TMT. This Lube Refinery accounts for over 40% of the India's total Lube Base Oil production. Presently HPCL produces over 300+ grades of Lubes, Specialities and Greases.

The marketing network of HPCL consists of 13 Zonal offices in major cities and 101 Regional offices facilitated by a Supply & Distribution infrastructure comprising Terminals, Aviation Service Facilities, LPG Bottling Plants, Lube filling plants, Inland Relay Depots, Retail Outlets (Petrol Pumps) and LPG & Lube Distributorships. HPCL has state of art information technology infrastructure to support its core business. The data center is located at Hitech city in Hyderabad.

HPCL has, over the years, moved from strength to strength on all fronts. The refining capacity steadily increased from 5.5 million metric tonnes in 1984/85 to 13.00 million metric tonnes (MMT) now. On the financial front, the turnover grew from 2687 crores in 1984-85 to Rs 1,31,802 Crores in Financial year 2008-09.

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