Hindustan Petroleum 1

Hindustan Petroleum

Type State-owned enterprise

[1] [2]
Public (BSE:  500104 , NSE:  HINDPETRO )

Industry Oil

Founded 1974

Headquarters Mumbai, Maharashtra, India

Key people S Roy Choudhury

(Chairman & MD)

Products Fuels
Oils
LPG

Revenue [3]
112516.88 crore (US$ 25.54 billion) (2010)

Net income [3]

1475.15 crore (US$ 334.86 million) (2010)

Total assets [4]

$12.689 billion (2010)

Total equity [4]

$2.734 billion (2010)

Employees ~11,245 (2009)

Website [5]
www.hindustanpetroleum.com

Hindustan Petroleum Corporation Limited (HPCL) (BSE: 500104 [1], NSE: HINDPETRO [2]), a state-owned oil
company of the Government of India located at Mumbai, India and is a Fortune 500 company of India listed at
number 311[6] in the global 500 rankings, with an annual turnover of over 1,16,428 Crores and sales/income from
operations of Rs 1,31,802 Crores (US$ 25,618 Millions) during financial year 2008-09, about 20% Marketing share
in India and a strong market infrastructure. Corresponding figures for financial year 2007-08 are: Turnover- Rs
1,03,837 crores, and sales/income from Operations- 1,12,098 Crores (US$ 25,142 Million).
HPCL operates 2 major refineries[7] 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.[8] 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 [9], 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.[10] 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.
Hindustan Petroleum 2

The marketing network of HPCL consists of 13 Zonal offices in major cities and 101 Regional offices[11] 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, 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.

Products
1. Petrol Known as Motor Spirit(MS) in Oil Industry. HPCL markets the product through its retail pumps spread all
over India. Its principle consumers are regular personal vehicle owners.
2. Diesel Known as High Spirir Diesel(HSD) in Oil Industry. HPCL markets the products through its retail pumps
as well as terminals and depots. Its consumers are not only regular auto owners but also transport agencies,
industries etc.
3. Lubricants [12] HPCL is the market leader in lubricant and associated produts. It commands over 30% of market
share in this sector. The popular brands of HP lubes are Laal Ghoda, Milcy, Thanda Raja, Koolgard etc.
4. LPG [13] A popular brand in mainly urban areas.
5. Aviation Turbine Fuel [14] With major ASF(Air Service Facility) present in all major airports of India, HPCL is
a key player in this sector supplying ATF to major airlines. It has an accomplishment of sorts to supply fuel to US
Air Force 1.
6. Bitumen
7. Furnace Oil

Refineries
HPCL has a number of refineries in India. Some are listed below:
1. Mumbai Refinery - 5.5 Million Metric Tonnes (MMT) Capacity
2. Visakhapatnam Refinery - 7.5 MMT at Visakhapatnam
3. Manglaore Refinery Pvt. Ltd. - 9.69 MMT at Mangalore, Karnataka(HPCL has 16.65 % Stake).
4. Guru Gobind Singh Refinery Project - 9 MMT at Bhatinda, Punjab(HPCL & Mittal Energy each have 49%
stake).

International rankings
1. HPCL is a Fortune Global 500 company as per the ranking of 2009 and was ranked at position 311.
1. HPCL was featured on the Forbes Global 2000 list for 2009 at position 1002
1. It is 10th most valuable brand in India according to an annual survey conducted by Brand Finance and The
Economic Times in 2010.[15]

Recognition and Awards 2008

1. NDTV Profit Business Leadership Award
2. Reader’s Digest ‘Trusted Brand Asia Platinum’ Award
3. Golden Peacock Corporate Governance Award 2008
4. CIO 100 Award 2008
5. India Star Award
6. OISD Safety Award
7. National Award For Excellence In Cost Management
Hindustan Petroleum 3

8. Greentech Environment Excellence Award 2008

9. Best HR Practices in ‘People Management’

Major Ongoing Projects

• New FCCU at Mumbai Refinery
• Lube Oil Base Stock (LOBS) Up gradation project at Mumbai Refinery
• Diesel Hydro Treating (DHT) at Mumbai & Visakhapatnam refineries
• New Integrated Effluent Treatment Plant at Mumbai Refinery
• New Grease & Speciality Products Plant, Silvassa. A state-of-art plant for production of Grease, Coolants &
Brake Fluid. To be commissioned by September, 2010.
• Guru Gobind Refinery Project- Bhatinda, Punjab. Production - 9 MMTPA. To be commissioned by 2012.
• White Oil Terminal - Vishkhapatnam.

References
[1] http:/ / www. bseindia. com/ bseplus/ StockReach/ AdvanceStockReach. aspx?scripcode=500104
[2] http:/ / www. nseindia. com/ marketinfo/ companyinfo/ companysearch. jsp?cons=HINDPETRO& section=7
[3] "BSE 2010 Data" (http:/ / www. bseindia. com/ qresann/ detailedresult_cons. asp?scrip_cd=500104& qtr=65. 5& compname=HINDUSTAN
PETROLEUM CORPORATION LTD. & quarter=MC2009-2010& checkcons=55c). www.bseindia.com. . Retrieved 2010-07-26.
[4] Fortune Global 500 2010 Rankings - State Bank of India (http:/ / money. cnn. com/ magazines/ fortune/ global500/ 2010/ snapshots/ 6360.
html)
[5] http:/ / www. hindustanpetroleum. com/
[6] CNN Money (http:/ / money. cnn. com/ magazines/ fortune/ global500/ 2009/ countries/ India. html)
[7] "Hindustan Petroleum Corporation Limited Relies on Oracle Database Security Solutions" (http:/ / www. indiaprwire. com/ pressrelease/
information-technology/ 2010051750909. pdf). /www.indiaprwire.com. . Retrieved 2010-07-26.
[8] http:/ / www-03. ibm. com/ press/ us/ en/ pressrelease/ 25041. wss
[9] http:/ / www. hmel. in
[10] "HPCL - Company Profile" (http:/ / www. companyin. com/ hpcl. htm). Companyin.com. . Retrieved 2010-07-26.
[11] "Buy HPCL With Target Of Rs 490 | TopNews" (http:/ / www. topnews. in/ buy-hpcl-target-rs-490-2265932). Topnews.in. 2010-05-07. .
Retrieved 2010-07-26.
[12] http:/ / www. hplubes. com HP Lubes
[13] http:/ / www. hpgas. com HP GAS
[14] http:/ / www. hpaviation. in HP Aviation
[15] "India's top 10 brands" (http:/ / business. rediff. com/ slide-show/ 2010/ oct/ 26/ slide-show-1-tata-motors-is-indias-top-brand. htm).
business.rediff.com. . Retrieved 26 Oct 2010.

External links
• www.hindustanpetroleum.com (http://www.hindustanpetroleum.com)
• HPCL on Fortune Global 500 (http://money.cnn.com/magazines/fortune/global500/2009/snapshots/6360.
html)
• HPCL on Forbes 2000 List (http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlancelw.
jsp?passName=HINDPETRO.EQ-IN&passSymbol=HINDPETRO.EQ-IN&sedol=6100476&isOut=null)
Article Sources and Contributors 4

Article Sources and Contributors

Hindustan Petroleum  Source: http://en.wikipedia.org/w/index.php?oldid=400879982  Contributors: Abhishek971, Banerjee.pradipta, Beagel, Bhadani, Chaitanya.lala, Chaitanyaw,
FisherQueen, IndianGeneralist, Jac16888, Jonathanbj, Jovianeye, Kjramesh, Kkm010, KuwarOnline, LilHelpa, Mtvcamba, Rameshpathak75, S3000, Sandip90, Sardanaphalus, Scientific29,
Shamrankhan, Shashwat986, Shyamsunder, The wub, Tusky80, Utcursch, Vaghelabd, X0X9, YK Times, Yourdeadin, 40 anonymous edits

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