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BP
National Oil Company
Downstream
NSE: BPCL
BPCL
Mumbai, India · Established 1952 · Profile updated July 1, 2026
Official website ↗Auditor Executive Assessment
Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum
Bharat Petroleum Corporation Limited (BPCL) is a major Indian downstream company operating three refineries (Mumbai, Kochi, Bina) totalling 750 kbpd capacity and 21,000+ retail outlets. Privatisation process paused; government retains majority control.
FY2024 revenue approximated $55 billion with net income near $2.5 billion. Kochi refinery Integrated Refinery Expansion Project (IREP) upgraded capacity to 310 kbpd. Petrochemical integration at Kochi supports margin improvement.
Gas segment via...
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