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Hindustan Petroleum Corporation Limited (HINDPETRO.NS)

383.30 Down 1.15(0.30%) Jul 28, 5:59AM EDT
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Hindustan Petroleum Corporation Limited
Petroleum House
17, Jamshedji Tata Road
Mumbai, 400020
India - Map
Phone: 91 22 2286 3900
Fax: 91 22 2287 2992

Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Refining & Marketing
Full Time Employees:N/A

Business Summary 

Hindustan Petroleum Corporation Limited refines and markets petroleum products in India. It operates through two segments, Downstream Petroleum and Exploration & Production. The company offers petrol, liquefied petroleum gas (LPG), diesel, kerosene, naphtha, and lube base oils, as well as approximately 300 grades of lubricants, specialties, greases. It also provides aviation turbine fuel services at various airports; and markets and exports bulk fuels and finished petroleum products, including various fuels, bitumen, marine bunker fuels, marine lubes, hexane, propylene, jute batch oil, solvents, turpentine oil, carbon black feed stock, molten sulphur, superior kerosene oil (SKO), and HP FINIT, a household insecticide directly to industrial consumers, such as power plants, chemicals, fertilizers, shipping companies, and airlines. In addition, the company is involved in international trade activities comprising crude oil imports, petroleum product imports/exports, shipping, production planning for refineries, supplies for domestic markets, and product exchange with other Indian oil companies and oil price risk management. Further, it offers LPG for domestic, commercial, industrial and bulk, auto, piped gas, and community kitchen applications under the HP Gas name; and is engaged in laying, building, and operating natural gas pipelines. Additionally, the company explores for and produces hydrocarbons; and operates wind power farms with a capacity of 50 MW located in Maharashtra and Rajasthan. As of March 31, 2013, it operated 12,173 retail outlets, as well as had 2 refineries, 34 terminals/tap off points, 90 depots, 45 LPG bottling plants, 35 aviation service facilities, 1,638 SKO/light diesel oil dealers, and 3,194 LPG distributors. As of the above date, the company had participating interests in 15 active domestic onshore and offshore blocks, as well as 2 blocks in Egypt. Hindustan Petroleum Corporation Limited is headquartered in Mumbai, India.

Key Statistics

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Key Executives 
Ms. Nishi Vasudeva BA, PGDBM (IIM, Kolkata), 58
Chairman and Managing Director
mr. Pushp Kumar Joshi BA, LLB PG (PM&IR), 50
Director of HR and Whole Time Director
Mr. K. Venkatiswara Rao , 59
Director of Fin., Whole Time Director, Member of Audit Committee, Member of Investor Grievance Committee and Member of Investment Committee
Mr. S. P. Nair ,
Gen. Mang. of Legal
Mr. Shrikant M. Bhosekar ,
Compliance Officer and Company Sec.
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in INR.