Bharat Petroleum (NSE:BPCL) Dividend Payout Ratio: 0.00 (As of Jun. 2026)

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Bharat Petroleum Corp Ltd NSE:BPCL

80 GF Score

Price ₹309.85

GF Value ₹341.47

Valuation Fairly Valued

4 Warning Signs

View Full Analysis

What is Bharat Petroleum Dividend Payout Ratio?

Bharat Petroleum NSE:BPCL -1.32% 80 Dividend Payout Ratio is 0.00 as of Jun. 2026. GuruFocus rates NSE:BPCL with a GF Score™ of 80/100 and a GF Value™ of ₹341.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 434 Oil & Gas companies, Bharat Petroleum ranks worse than 55.07% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Bharat Petroleum's Dividend Payout Ratio for the months ended in Jun. 2026 was 0.00.

The historical rank and industry rank for Bharat Petroleum's Dividend Payout Ratio or its related term are showing as below:

NSE:BPCL' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 1.11
Current: 0.59

During the past 13 years, the highest Dividend Payout Ratio of Bharat Petroleum was 1.11. The lowest was 0.20. And the median was 0.39.

NSE:BPCL's Dividend Payout Ratio is ranked worse than
55.07% of 434 companies
in the Oil & Gas industry
Industry Median: 0.5 vs NSE:BPCL: 0.59

As of today (2026-07-24), the Dividend Yield % of Bharat Petroleum is 5.65%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Bharat Petroleum was 14.57%. The lowest was 0.85%. And the median was 4.50%.

Bharat Petroleum's Dividends per Share for the months ended in Jun. 2026 was ₹0.00.

During the past 12 months, Bharat Petroleum's average Dividends Per Share Growth Rate was 45.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 95.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 18.70% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 7.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Bharat Petroleum was 95.70% per year. The lowest was -37.40% per year. And the median was 13.95% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Bharat Petroleum (NSE:BPCL) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Bharat Petroleum Dividend Payout Ratio Related Terms

Bharat Petroleum Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Bharat Petroleum's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Petroleum Dividend Payout Ratio Chart

Bharat Petroleum Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Dividend Payout Ratio

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0.73

0.32

0.20

0.49

0.37

Bharat Petroleum Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26	Jun26
Dividend Payout Ratio	Get a 7-Day Free Trial															0.00	0.34	0.44	0.76	0.00

NSE:BPCL vs VLO, MPC, PSX: Dividend Payout Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, Bharat Petroleum's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Bharat Petroleum Dividend Payout Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bharat Petroleum's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Bharat Petroleum's Dividend Payout Ratio falls into.

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80GF Score

Bharat Petroleum Corp Ltd NSE:BPCL

Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.

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Bharat Petroleum Dividend Payout Ratio Calculation

Bharat Petroleum's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2026 )	/	EPS without NRI (A: Mar. 2026 )
	=	22.5	/	61.204
	=	0.37

Bharat Petroleum's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jun. 2026 )	/	EPS without NRI (Q: Jun. 2026 )
	=	0	/	-7.025
	=	N/A

Frequently Asked Questions Learn more about Dividend Payout Ratio →

What does a Dividend Payout Ratio of 0.00 mean?

Bharat Petroleum (NSE:BPCL) has a Dividend Payout Ratio of 0.00 as of Jun. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bharat Petroleum and its competitors. Over the past decade, Bharat Petroleum's Dividend Payout Ratio has ranged from 0.20 to 1.11. According to the industry distribution chart, Bharat Petroleum ranks #239 out of 434 companies in the Oil & Gas industry, placing it in the top 55.1%.

Is Bharat Petroleum's Dividend Payout Ratio too high?

Bharat Petroleum's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.11. Based on the distribution chart, Bharat Petroleum ranks #239 out of 434 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Bharat Petroleum has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Bharat Petroleum's Dividend Payout Ratio compare to VLO and MPC?

According to the Oil & Gas industry distribution chart, Bharat Petroleum ranks #239 out of 434 companies for Dividend Payout Ratio. This places Bharat Petroleum in the lower half of its industry. The industry median Dividend Payout Ratio is 0.50. Historically, Bharat Petroleum's own Dividend Payout Ratio has ranged from 0.20 to 1.11 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Dividend Payout Ratio for an Oil & Gas company?

The median Dividend Payout Ratio among Oil & Gas companies is 0.50, based on 434 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Dividend Payout Ratio mean?

A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Bharat Petroleum and its competitors. For the Oil & Gas industry, the median Dividend Payout Ratio is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Petroleum's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bharat Petroleum stock overvalued right now?

Based on GuruFocus' analysis, Bharat Petroleum (NSE:BPCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹341.47, compared to a current price of ₹309.85 — trading 9.3% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Bharat Petroleum's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Dividend Payout Ratio calculated?

Dividend Payout Ratio is calculated from a company's financial statements. For Bharat Petroleum (NSE:BPCL), the current Dividend Payout Ratio is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bharat Petroleum (NSE:BPCL) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Petroleum stock appears to be undervalued. The current stock price of ₹309.85 is trading 9.3% below its estimated GF Value™ of ₹341.47. GuruFocus considers Bharat Petroleum to be Fairly Valued.

Key valuation signals for NSE:BPCL:

Dividend Payout Ratio: 0.00
GF Value™: ₹341.47 vs. price of ₹309.85 (9.3% below fair value)
GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the NSE:BPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bharat Petroleum Business Description

Industry Energy Oil & Gas

Comparable Companies NSE:HINDPETRO NSE:IOC BOM:532522 BOM:500003 BOM:500109 BOM:500870 BOM:500110 BOM:544545 BOM:524820 BOM:526829 NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ OHEL:NESTE TSE:5020 TPE:6505 SUN DINO

Other Exchanges 500547:India

Address 4 and 6 Currimbhoy Road, Bharat Bhavan, P.O. Box No. 668, Ballard Estate, Mumbai, MH, IND, 400001

Website https://www.bharatpetroleum.in

Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the following reportable segments: Downstream Petroleum, and Exploration and Production of Hydrocarbons. Downstream Petroleum operations which generate the majority of its revenue, include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India. Geographically, the company derives a majority of its revenue from India and the rest from other countries.

80GF Score

Get the complete analysis for NSE:BPCL

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹309.85

Price

₹341.47

GF Value

View NSE:BPCL Analysis

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