By FMTeam The oil and gas scene of India is seeing a rise in demand, and that’s the reason why there is a load on some of the biggest companies in this segment to keep up with the demand and maintain a steady supply. And Hindustan Petroleum is doing just that, which is at present the 3rd largest oil and gas company in the country. So it is about time that we talk about things like Hindustan Petroleum Net Worth, Owner, CEO, Head Office, and much more.
| Company name | Hindustan Petroleum Corporation Limited (HPCL) |
| Establishment year | 1952 |
| Head Office | Mumbai |
| Owner / Founder | Present owner (promoter) and a Government of India PSU holding about 51.11% |
| CEO / CMD name | Shri Vikas Kaushal |
| Industry | Oil and gas |
| Number of employees (latest) | Around 6,158 employees |
| Net worth (Market cap) | ₹95,526.58 crore |
| Total revenue in 2025 | ₹468,811 crore |
Company Profile
If we talk about the backstory of this company, well, it goes back to Standard Vacuum Refining Company of India Limited in 1952. You know, after nationalisation and mergers with Esso and Caltex, it combined to make Hindustan Petroleum as we know it in the 1970s. No doubt, later down the line, HPCL, in a span of time, became one of the top public sector refiners and fuel distributors with the major refineries in Mumbai and Visakhapatnam, and a few joint ventures in the refining sector. Currently, their main head office is down there in Mumbai.
Net Worth and Market Cap
Net worth numbers? The latest ones? Well, we can’t tell you that right away because there aren’t the latest financial figures available to do that calculation, but to get the idea, you can look at HPCL’s market cap, which is about ₹95,526.58 crore as of December 2025.
Future Outlook and Recent Updates
As for something really recent, see, you must have seen that the company is spending a lot of money on clean energy initiatives and huge refinery expansions. HPCL intends to spend hundreds of billions of rupees upgrading refineries and establishing as much as 10 gigawatts of renewable energy capacity through its green energy division by 2030, which will include solar, wind, and biofuel projects. That’s the latest.