HPCL stock fell 1.53 percent as Q1 losses weigh

Published on 10/04/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

HPCL stock was last at INR 345 on October 1, after a 1.53 percent decline. Q1 FY27 revenue rose 20.8 percent, but the company posted an INR 12,264.67 crore loss.

HPCL, INE094A01015, Illustration mit AI erstellt.

HPCL stock (ISIN INE094A01015) was last at INR 345 on the NSE on October 1, 2026 at 3:15 p.m. IST, down 1.53 percent from the previous close. The immediate issue is the company's INR 12,264.67 crore consolidated net loss in Q1 FY27, compared with a profit of INR 4,110.93 crore in the year-earlier quarter, according to Sahi.

Revenue growth meets a sharp loss

HPCL's standalone revenue from operations increased 20.8 percent year over year to INR 145,126.22 crore for the quarter ended June 30, 2026, but standalone net loss reached INR 11,526.41 crore. The reversal is especially stark against standalone profit of INR 4,370.87 crore in Q1 FY26, as reported by Sahi.

The quarter also showed a conflicting operating signal. Average gross refining margin rose to USD 23.80 per barrel from USD 3.08 per barrel in the comparable quarter, yet the bottom line moved deeply into negative territory. For investors, the key question is whether the margin improvement can offset marketing pressure in subsequent quarters.

Analyst targets remain above the share price

The Economic Times listed a Hold consensus from 30 analysts and showed the current rating mix as 5 Strong Buy, 7 Buy, 6 Hold, 9 Sell and 3 Strong Sell, according to The Economic Times. A September 10, 2026 update from Simply Wall St put the consensus price target at INR 407, which is 17.97 percent above the October 1 price.

The valuation debate therefore rests on recovery rather than recent revenue momentum. Simply Wall St also reported that its fiscal 2027 consensus EPS estimate increased from INR 0.395 to INR 0.985, while the consensus target remained INR 407.

HPCL stock stays below its yearly high

HPCL stock was last at INR 345 on October 1, 2026, with a 52-week range of INR 316.20 to INR 508.45 and volume of 5,753,665 shares. Its market capitalization was INR 734.1 billion, leaving the stock 32.22 percent below its 52-week high.