Hindustan Petroleum

Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai, and a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas, Government of India.

Hindustan Petroleum Corporation Limited
Company typeSubsidiary
Traded as
ISININE094A01015
IndustryPetroleum
Founded5 July 1952 (1952-07-05)
HeadquartersMumbai, Maharashtra, India
Key people
Pushp Kumar Joshi (CMD)
Products
  • Petroleum
  • Natural gas
  • LNG
  • Lubricants
  • Petrochemicals
Revenue 467,964.52 crore (US$59 billion) (2023)
−12,475.43 crore (US$−1.6 billion) (2023)
Net income
−6,980.23 crore (US$−870 million) (2023)
Total assets 161,339.51 crore (US$20 billion) (2023)
Total equity 32,263.27 crore (US$4.0 billion) (2023)
Number of employees
8,504 (2023)
ParentOil and Natural Gas Corporation
Subsidiaries
  • Prize Petroleum Company Limited
  • HPCL Biofuels Limited
  • HPCL Middle East FZCO
  • HPCL LNG Limited
Websitehindustanpetroleum.com

Since 2018, Oil and Natural Gas Corporation has owned majority of its stake. It is ranked 367th on the Fortune Global 500 list of the world's biggest corporations as of 2016. On 24 October 2019, it became a Maharatna (PSU). HPCL lives the mantra of Delivering Happiness, through safety, sustainable growth, and helping the community.

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