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Bharat Petroleum Share Price Target for 2024, 2025, and 2030

Bharat Petroleum Share Price Target for 2024, 2025, and 2030

Bharat Petroleum Share Price Target: This article is about the Bharat Petroleum share price forecast for the upcoming years. We will analyze the estimated stock price of the company so that you can make a better decision about investing in it. Before we look into the company’s share price forecast, let us first understand the company’s background, financials, technical fundamentals, etc.

Bharat Petroleum Limited: An Overview

Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector undertaking (PSU) owned by the Government of India and the second largest state-owned downstream oil producer. It was ranked 309th on the Fortune list of the world’s largest public enterprises in 2020 and 792nd on the Forbes “Global 2000” list in 2021.

Company NameBharat Petroleum Limited
IndustryEnergy: Oil and gas
Founded1976
CountryIndia
Official Websitewww.bharatpetroleum.in

Key Metrics

Market Cap in Crores (₹)75,316.46
Sectoral Market Cap Rank4
PE Ratio (x)3.98
Price to Book Ratio (x)1.43
EPS – TTM (₹)87.23
Dividend Yield (%)1.15
Stock – 52 Week High & Low (₹)397.90 / 288.05

Highlights of the Bharat Petroleum Limited share price forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 350
2024₹ 325₹ 340
2025₹ 300₹ 320
2026₹ 275₹ 340
2027₹ 245₹ 275
2028₹ 230₹ 300
2029₹ 260₹ 350
2030₹ 300₹ 380

Important Note: These price predictions of “Bharat Petroleum Limited” are only for reference purposes only, short-term and long-term Bharat Petroleum stock price predictions may be different due to the other analyzed time series. This prediction is only if there are positive market sentiments, and this analysis does not cover any uncertainties in the company or global market condition. 

Future Growth of Bharat Petroleum Limited

Earnings and Revenue Growth Forecasts of the Company

According to our growth forecast, Bharat Petroleum Limited’s earnings are likely to decline by 27.80% per year and revenue may grow by 2.7% per year. EPS is expected to decline by 22% per year.

Key Information

Forecasted Earnings Growth Rate-27.80%
Forecasted EPS Growth Rate-22.00%
Forecasted Revenue Growth Rate2.70%%
Forecasted Return on Equity16.20%

Analysis of the future growth forecast of the company

Company’s Earnings vs. Market: As per our forecast the company earnings will decline by 27.80% on the other hand industry and market earnings will grow at 7.20% and 16.10% per annum respectively.

Company Revenue vs. Market: As per our forecast, the company’s revenue will grow less than the market’s revenue, as also depicted in the chart. The company’s revenue will grow 2.70% per year, while the market will grow 8.70%.

High Growth Revenue: The company’s revenue is forecast to grow but not significantly.

Forecast Return on Equity (ROE)

✅ Estimated ROE will be 16.20%. 

Past Performance of Bharat Petroleum Limited

Earnings and Revenue History of the Company

✅ When we analyze Bharat Petroleum Limited’s past earnings and revenue, its earnings growth rate was -81.76%. The company’s revenue growth rate was 35.99% per year, and its net profit margin was 0.45%, which is lower than its previous year (3.36%).

Key Information

Earnings Growth Rate-81.76%
EPS Growth Rate-81.77%
Revenue Growth Rate35.99%
Return on Equity3.98%

Past earnings growth analysis of the company

Earnings Trend: When we analyze the earnings trend of the last 5 years, we find that the earnings of the company have grown by an average of 20% per annum.

Accelerating Growth: The company has had negative earnings growth over the past year, so it can’t be compared to its 5-year average.

Return on Equity (ROE)

❎ Bharat Petroleum’s return on equity was 3.98%.

Return on Assets (ROA)

❎ The company had a ROA of 1.13%.

Return on Capital Employed (ROCE)

✅ Last year, the company had an ROCE of 5.31%. 

(All figures are from the consolidated statement) 

The financial health of Bharat Petroleum Limited

The financial position of the company

Short-term liabilities: The short-term assets of Bharat Petroleum Limited are less than its short-term liabilities. Which is not good.

Long-term liabilities: The short-term assets of Bharat Petroleum Limited exceed its long-term liabilities. 

Debt analysis

Debt Level: Bharat Petroleum Limited’s debt-to-equity ratio is 0.69%.

Debt coverage: Bharat Petroleum Limited’s debt is not well covered by operating cash flows, 

Interest coverage: Bharat Petroleum Limited’s interest on debt is well covered by EBIT (3.31x coverage).

Dividend

Dividend Paying Company: With an earnings-covering current yield of 1.15%, Bharat Petroleum Limited is a dividend-paying company.

Growing Dividend: When we analyze the past payout dividend of Bharat Petroleum Limited, it is paying a notable dividend.

Bharat Petroleum Limited’s stock forecast for the upcoming years

Bharat Petroleum Share Price Target for 2023

YearMinimum PriceMaximum Price
2023₹ 350

Bharat Petroleum Share Price Target for 2024

YearMinimum PriceMaximum Price
2024₹ 325₹ 340

Bharat Petroleum Share Price Target for 2025

YearMinimum PriceMaximum Price
2025₹ 300₹ 320

Bharat Petroleum Share Price Target for 2026

YearMinimum PriceMaximum Price
2026₹ 275₹ 340

Bharat Petroleum Share Price Target for 2027

YearMinimum PriceMaximum Price
2027₹ 245₹ 275

Bharat Petroleum Share Price Target for 2028

YearMinimum PriceMaximum Price
2028₹ 230₹ 300

Bharat Petroleum Share Price Target for 2029

YearMinimum PriceMaximum Price
2029₹ 260₹ 350

Bharat Petroleum Share Price Target for 2030

YearMinimum PriceMaximum Price
2030₹ 300₹ 380

Recommendations: Invest in Bharat Petroleum Limited stock or sell it.

According to our stock analyst, the company shares will have a negative trend in the future, so Bharat Petroleum Limited shares are not a good investment to make money. As this stock has a negative outlook, we recommend looking for some other company’s stock instead of investing in it.

FAQs

Generally, Energy stocks do not always pay a dividend but Bharat Petroleum Ltd pays dividends to reward its shareholders. In the quarter ending March 2023, Bharat Petroleum Corporation Ltd declared a dividend of ₹ 4 - translating a dividend yield of 2.87%.

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