Hindustan Petroleum (NSE:HINDPETRO) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:HINDPETRO Hindustan Petroleum Corp Ltd NSE:HINDPETRO
81 GF Score
Price ₹392.10
GF Value ₹386.71
Valuation Fairly Valued
! 4 Warning Signs
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What is Hindustan Petroleum Research & Development?

Hindustan Petroleum NSE:HINDPETRO -0.60% 81 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:HINDPETRO with a GF Score™ of 81/100 and a GF Value™ of ₹386.71 (Fairly Valued). The stock has 4 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Hindustan Petroleum's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Hindustan Petroleum  (NSE:HINDPETRO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Hindustan Petroleum Research & Development Related Terms

Hindustan Petroleum Research & Development Historical Data

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The historical data trend for Hindustan Petroleum's Research & Development 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.

Hindustan Petroleum Research & Development Chart

Hindustan Petroleum Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Hindustan Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NSE:HINDPETRO
81GF Score
Hindustan Petroleum Corp Ltd NSE:HINDPETRO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Petroleum Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Hindustan Petroleum (NSE:HINDPETRO) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Hindustan Petroleum and its competitors.
Is Hindustan Petroleum's Research & Development too high?
Hindustan Petroleum's current Research & Development is ₹0 Mil. Overall, Hindustan Petroleum has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Petroleum's Research & Development compare to VLO and MPC?
Hindustan Petroleum's Research & Development of ₹0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Hindustan Petroleum and its competitors. Hindustan Petroleum's current Research & Development is ₹0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Petroleum (NSE:HINDPETRO) is currently considered Fairly Valued. The stock's GF Value™ is ₹386.71, compared to a current price of ₹392.10 — trading 1.4% above its estimated fair value. The current Research & Development is ₹0 Mil. Hindustan Petroleum's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Hindustan Petroleum (NSE:HINDPETRO), the current Research & Development is ₹0 Mil as of Mar. 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 Hindustan Petroleum (NSE:HINDPETRO) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Petroleum stock appears to be overvalued. The current stock price of ₹392.10 is trading 1.4% above its estimated GF Value™ of ₹386.71. GuruFocus considers Hindustan Petroleum to be Fairly Valued.

Key valuation signals for NSE:HINDPETRO:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹386.71 vs. price of ₹392.10 (1.4% above fair value)
  • GF Score™: 81/100 with 4 warning signs

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

Hindustan Petroleum Business Description

Industry EnergyOil & Gas
Other Exchanges 500104:India
Address 17, Jamshedji Tata Road, Post Box No. 11041, Petroleum House, Churchgate, Mumbai, MH, IND, 400 020
Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the maximum revenue.
81GF Score

Get the complete analysis for NSE:HINDPETRO

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹392.10
Price
₹386.71
GF Value