Hindustan Petroleum Corporation vs Indian Oil Corporation: Share Price, Valuation and Results Compared

Hindustan Petroleum Corporation Ltd (HPCL) (NSE: HINDPETRO) and Indian Oil Corporation Ltd (IOCL) (NSE: IOC) are both listed in the Petroleum and Petroleum Products industry. Hindustan Petroleum Corporation has a market capitalisation of ₹74,048 Cr and Indian Oil Corporation ₹1,85,351 Cr, as of 9 Nov 2026. Their P/E ratios are 4.1 and 4.4 respectively. Return on equity is 30.93% for Hindustan Petroleum Corporation and 20.97% for Indian Oil Corporation. Over one year, Hindustan Petroleum Corporation's share price is down 20.3% and Indian Oil Corporation's is down 12.4%.

Hindustan Petroleum Corporation vs Indian Oil Corporation — Key Figures

MetricHindustan Petroleum CorporationIndian Oil Corporation
NSE SymbolHINDPETROIOC
BSE Code500104530965
Share Price₹385.75₹146.85
Market Cap₹74,048 Cr₹1,85,351 Cr
P/E Ratio4.14.4
Return on Equity30.93%20.97%
Return on Assets8.23%8.16%
Dividend Yield11.06%2.79%
Beta (1Y)0.340.52
1-Year Price Change-20.3%-12.4%
3-Month Price Change-1.9%+3.4%
52-Week Range₹316.20 – ₹508.45₹124.92 – ₹188.96
Latest QuarterQ2 FY27Q2 FY27
Quarterly Revenue₹1,39,114 Cr₹2,68,039 Cr
Quarterly Net Profit₹3,152 Cr₹22,503 Cr
Net Margin2.3%8.4%
EPS (Basic, Quarter)₹17.04₹15.54
Results Basisconsolidatedconsolidated
HeadquartersMumbai, MaharashtraNew Delhi, Delhi

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Hindustan Petroleum Corporation Ltd (HPCL)

Hindustan Petroleum Corporation Limited, together with its subsidiaries, engages in the refining and marketing of petroleum products in India and internationally. It operates through Downstream Petroleum and All Other segments. The company offers light distillates, including liquefied petroleum gas, motor spirits, naphtha, hexane, propylene, and solvents; and middle distillates, such as high-speed diesel, superior kerosene oil, light diesel oil, aviation turbine fuels, mineral turpentine oil, jute batching oil, and lube and turbine oil base stocks. It also provides heavy distillates, including…

Indian Oil Corporation Ltd (IOCL)

Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and Other segments. The company is involved in the refining of petroleum products; exploration and production of crude oil and gas; explosives and cryogenic businesses; pipeline transportation of crude oil, petroleum, and gas; petrochemicals and gasoline; gas and LPG marketing; research and development; city gas distribution; and downstr…

Frequently Asked Questions

Which is larger by market cap, Hindustan Petroleum Corporation or Indian Oil Corporation?

Indian Oil Corporation has a market capitalisation of ₹1,85,351 Cr, against ₹74,048 Cr for Hindustan Petroleum Corporation as of 9 Nov 2026, about 2.5 times the size by market cap.

What is the P/E ratio of Hindustan Petroleum Corporation and Indian Oil Corporation?

Hindustan Petroleum Corporation has a P/E of 4.1 and Indian Oil Corporation a P/E of 4.4 as of 9 Nov 2026.

What is the return on equity of Hindustan Petroleum Corporation and Indian Oil Corporation?

Hindustan Petroleum Corporation has a return on equity of 30.93% and Indian Oil Corporation 20.97%.

How have Hindustan Petroleum Corporation and Indian Oil Corporation shares moved over one year?

Hindustan Petroleum Corporation's share price is down 20.3% over one year and Indian Oil Corporation's is down 12.4%.

What were the latest quarterly results of Hindustan Petroleum Corporation and Indian Oil Corporation?

Hindustan Petroleum Corporation reported revenue of ₹1,39,114 Cr and net profit of ₹3,152 Cr for Q2 FY27. Indian Oil Corporation reported revenue of ₹2,68,039 Cr and net profit of ₹22,503 Cr for Q2 FY27. Figures are parsed from each company's exchange filing.

Which industry are Hindustan Petroleum Corporation and Indian Oil Corporation in?

Both are classified under Oil, Gas and Consumable Fuels > Oil and Gas Refining and Marketing > Petroleum and Petroleum Products on FinBizNet.

Is this comparison a recommendation to buy or sell Hindustan Petroleum Corporation or Indian Oil Corporation?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.