Hindustan Petroleum HINDPETRO
State refiner contracting green hydrogen for its Visakh refinery
Mapped in 1 theme: Green Hydrogen Mission.
Where Hindustan Petroleum sits in the supply chain
Hindustan Petroleum appears in 1 supply-chain layer in one theme, Green Hydrogen Mission.
Green Hydrogen Mission › Refineries & city gas
OwnerOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 3,49,913 | 4,40,709 | 4,33,857 | 4,34,106 | 4,41,771 |
| Net profit | 7,294 | −6,980 | 16,015 | 6,736 | 18,047 |
Latest-year revenue ₹4.42L Cr (FY26, company-wide).
Note: Green hydrogen is a small contracted input.
Strengths
- Visakh tender (5,000 tonnes a year, floated Oct 2024) reportedly won by Ocior Energy at ₹328/kg ex-GST
- Among the refiners with SIGHT Mode 2B allocations
Risks
- Small volume relative to refinery needs
- Depends on an unlisted developer's execution
Common questions
What does Hindustan Petroleum do?
State refiner contracting green hydrogen for its Visakh refinery.
Where does Hindustan Petroleum sit in the supply chain?
Hindustan Petroleum (NSE: HINDPETRO) is mapped in 1 supply-chain layer: Refineries & city gas (Green Hydrogen Mission).
Who are Hindustan Petroleum's peers?
In the Refineries & city gas layer of Green Hydrogen Mission: Indian Oil Corporation, Bharat Petroleum, Reliance Industries, GAIL (India) and Numaligarh Refinery (not NSE-listed).
What is Hindustan Petroleum's market cap and valuation?
As of 6 Nov 2026: market cap ₹82,411 Cr, P/E 57.3x, ROCE 22.2%, ROE 30.9%, dividend yield 6.26%.