BHARAT PETROLEUM CORPORATION LIMITED

Bharat Petroleum Corporation Limited is a Government of India controlled Maharatna oil and gas company
headquartered in Mumbai, Maharashtra. The Corporation operates two large refineries of the country located
in Mumbai and Kochi.
Around 1860’s, the world witnessed vast industrial development that ultimately lead to an increase in
petroleum refineries. This was also the time that our historical journey began as Burma Oil Company.
 
Although incorporated in Scotland in 1886, the Burma Oil Company became an important player in the South
Asian market that grew out of an enterprise named Rangoon Oil Company (formed in 1871) to refine crude oil
produced from primitive hand dug wells in Upper Burma independently.

SHAREHOLDING PATTERN OF BPCL

Particulars Jun 2020 Mar 2020

Promoter and Promoter Group

Indian Promoters 1149183592 1149183592

    Individuals / Hindu Undivided Family

    Central Government/State Government(s) 1149183592 1149183592

Total of Promoter and Promoter Group 1149183592 1149183592

Public Shareholding

Institutions 722133345 710497184

    Mutual Funds / UTI 296315797 277623001

    Financial Institutions / Banks 2996434 2893434

    Insurance Companies 144870747 144823947

    Foreign Portfolio investors 259283701 266490136

    Central Government / State Government(s) 18666666 18666666

Non-Institutions 297935807 309571968

    Bodies Corporate 24711783 32083037

    Individual shareholders holding nominal share capital up to Rs. 1 54477172 54093142

lakh

    Individual shareholders holding nominal share capital more than Rs. 9153674 13320036
Particulars Jun 2020 Mar 2020

1 lakh

    Clearing Members 4040230 4783670

    Non-Resident Indians 3180526 2919661

    Any Other 202372422 202372422

Total Public Shareholding 1020069152 1020069152

Total of Promoter and Public Shareholding 2169252744 2169252744

Grand Total 2169252744 2169252744

MANAGEMENT OF THE COMPANY

NAME DESIGNATION NAME DESIGNATION

Arun Kumar Singh Director - Marketing Prabhu Venkatesh Chief General Manager

Arunabh Deb General Manager R P Natekar Executive Director

Chief Procurement
Ashok K Sharma R Ramachandran Director - Refineries
Officer
Government Nominee
D C Patra Chief General Manager Rajesh Aggarwal
Director
Government Nominee
D Rajkumar CEO Rajiv Bansal
Director
Chairman & Managing
D Rajkumar Ravi Pratap Singh Chief General Manager
Director

Harshad P Shah Independent Director Sunil Jain Chief Vigilance Officer

I Srinivas Rao Executive Director Surjeet Mahalik Head

J M Shanti
Independent Director V Anand Executive Director
Sundharam
Co. Secretary & Compl.
K A Trivedi Chief General Manager V Kala
Officer
Government Nominee
K Ellangovan V Kala Secretary
Director
Director - Human
K Padmakar Vinay Sheel Oberoi Independent Director
Resources
N Vijayagopal Director - Finance Y V Vartak Head
SWOT ANALYSIS OF BPCL
Strengths in the SWOT Analysis of BPCL:

1. Brand Recall: Almost everyone knows BPCL because of its strong reach. People can find their fueling
stations almost everywhere and many people use their LPG cylinders. Thus they have gained
great brand recall and high trust among the customers.
2. Presence: It has a network of around 1400 retail outlets, and much more are in the stages of
construction.
3. Production Capacity: It has huge refineries set up which gives them an extensive advantage over its
competitors. This increases reliability and satisfaction of order fulfilment of customers.
4. Product Portfolio: BPCL has a large product portfolio and due to its R&D, it keeps on adding to the list.
5. Extensive Research and Development: R&D is a very important part of BPCL and lies at the very core
of their business. It requires this to enhance its product portfolio to increase its profits and  market
share. For this, they continuously keep experimenting with the crude oil if they can extract any other
useful products or enhance the performance of the already available ones. Few of their success include
performance engine oil, semi-synthetic 4T engine oil, hydraulic oils etc.
6. Non-Conventional Sources: Apart from the conventional sources they understand that it is important
to move away from it. They have taken steps in this direction as well. They are eyeing long-
term strategy and gains from many non-conventional sources. They have projects like Project Triple one
related to Bio-diesel, Bio-fuel plantation, setting up of bio-diesel facilities, Solar farms, wind farms etc.
This shows their strong footing for the future.
7. High Collaborations: They collaborate with the best minds of the country for R&D department. This
gives them an edge. They tie-up with IITs, NITs, IISc Bangalore, Top petroleum universities, etc.

Weaknesses in the SWOT Analysis of BPCL:

 Government Regulations: Its operations is bound by government regulations. This forms a chain

around them, and they can’t freely operate on its own and increase its profits like a private firm.
 Employees: Being a government company it has more than needed employees to make its operations
run. This means extra load on the company and decrease in its profits.
 Environmental Issues: Refining creates a lot of pollution and waste that gets dumped into
the environment. This reduces their brand image for all of this wrongdoing.
 Operating Locations: They have their operations just limited to India and this make their target group
very small. They can expand aggressively in the foreign markets. They are missing out on profits due to
this concentration of operations.

Opportunities in the SWOT Analysis of BPCL:

1. Increasing Demand: As the population is increasing the demand for vehicles and cooking gas are
increasing as well. This shows that the market is growing at a very fast rate and BPCL can tap this.
2. Oil Well discovery: New oil well can be discovered as the prices of the petroleum products is going to
increase in the future. This will give provide them more control.
3. Foreign Markets: They can expand their market on foreign soil and increase their revenues and profits.
They can thus expand their petrochemical business overseas or form joint ventures with foreign
companies.
 4. Combining PSUs: The GOI in the Budget 2017 announced that they would combine all the public sector
companies to make the business run smoother and profitable.

Threats in the SWOT Analysis of BPCL:

1. The decrease in Conventional Energy Usage: The world is becoming more environmentally friendly
and the conventional energy sources are depleting fast. People have taken this into account and have
started to move to non-conventional sources.
2. High Losses: They have been operating mostly under high losses since its inception.
3. Fluctuations in the Global markets: The prices of the crude products are decided by OPEC. This makes
it difficult to sustain profits for companies having high CAPEX and OPEX.
4. Competition: They have competition from other homegrown and government owned companies like
IOCL, HPCL, ONGC and other private companies like Reliance, Essar, Shell, etc.

COMPETITON ANALYSIS OF BPCL

Type Public Sector Undertaking

Type Public Sector Undertaking

BSE: 500104 Traded as BSE: 530965

Traded as
NSE: HINDPETRO NSE: IOC
NSE NIFTY 50 Constituent

ISIN INE094A01015 ISIN INE242A01010

Industry Oil and Gas Industry Oil and Gas

Founded 1974; 46 years ago, Predecessor Indian Refineries Ltd. (1958)

Indian Oil Company (1959)

Headquarters Mumbai, Maharashtra, India Founded 30 June 1959; 61 years ago,

Key people M K Surana Headquarters New Delhi (headquarters)

(MD) [1] Mumbai (registered office)

Products Petroleum Area served India, Sri Lanka, Middle East, Mauritius

Natural gas
LNG
Lubricants
Petrochemicals
Revenue  ₹298,618 crore (US$42 billion) Key people Shrikant Madhav Vaidya (Chairman)[1]
(2019)[2]
Operating  ₹60,039 crore (US$8.4 billion) Products Petroleum
income (2019)[2] Natural gas
Petrochemicals
Net income  ₹23,090 crore (US$3.2 billion) Revenue  ₹605,924 crore (US$85 billion)
(2019)[2] (2019)[2]

Total assets  ₹1,007,258 Operating income  ₹36,952 crore (US$5.2 billion) (2019)

[2]
crore (US$140 billion) (2019)[2]

Number of 10,352 (2018)[2] Net income  ₹16,894 crore (US$2.4 billion) (2019)

employees [2]

Parent Oil and Natural Gas Total assets  ₹335,155 crore (US$47 billion)

Corporation (51.11%) [3] (2019)[2]

Website www.hindustanpetroleum.com Total equity  ₹1,555 crore (US$220 million) (2019)

[2]

Owner Government of India (52.1%)[3]

Number of 33,498 (2019)[2]

employees

Subsidiaries IndianOil (Mauritius) Ltd.

CPCL
Lanka IOC PLC
IOC Middle East FZE
Indane (LPG)

Website www.iocl.com