Hindustan Petroleum Corporation Limited — Q1FY27 earnings call summary

Filed 23 July 2026 · Company audio recording

Profitability improvement target: ₹1,500cr run-rate from Samridhi 2.0 cost and top-line initiatives
Rajasthan refinery ramping up: CDU at 60% utilization, full capacity expected by Q3 FY27; petchem by year-end
Capex guidance trimmed below ₹9,700cr for FY27, focused on critical spends and turnarounds
No formal margin guidance amid extreme crude price volatility; July margins improved vs Q1
Refinery margin uplift constrained by Vizag unit stabilization and inventory losses; expected normalization by Q3/Q4
Refinery self-sufficiency target: 56% own crude, 40% JV, balance third-party by FY28
Rajasthan refinery commissioning accelerated post-CDU fire; multiple units online within weeks; full refinery run rate expected Q3
Demand spikes causing supply chain stress; ongoing operational challenges in volatile environment