Are you aware of the fact that BP, aka Bharat Petroleum, is actually the 2nd largest government-owned oil refining and producing company? That is true, but not a lot of people are aware of the current standing of this company, so we’re here with details like Bharat Petroleum Net Worth, Owner, CEO, and Head Office and much more, to give you a strong idea of that.
| Company name | Bharat Petroleum Corporation Limited (BPCL) |
| Establishment year | 1976 |
| Head Office | Mumbai |
| Owner/Founder | Government of India; PSU under the Ministry of Petroleum and Natural Gas |
| CEO Name | Sanjay Khanna, Chairman & Managing Director (additional charge) |
| Industry | Oil and gas; refining and marketing; integrated energy company |
| Net worth / Market cap | ₹717.18 billion |
Company Profile
The history of BPCL is very much intertwined with the takeover of the India operations of Burmah-Shell by the Government of India on January 24, 1976. The company was renamed Bharat Petroleum Corporation Limited on August 1, 1977, not long after. BPCL has, however, developed into a major oil and gas company with a large industrial base in the refineries in Mumbai, Kochi, and Bina. In combination, these refineries have a capacity of approximately 35.3 million tonnes per year. Right now though, their main head office is down there in Mumbai.
Current Status And Net Worth
BPCL is primarily a government-controlled company and operates under the Ministry of Petroleum and Natural Gas. It is the second-largest oil marketing company in India and is instrumental in maintaining the country\’s energy supply and fuel security. One of the best indicators of the net worth of BPCL is its market capitalization, which essentially mirrors the company’s value. Roughly speaking, BPCL’s market cap as of October 2025 is about ₹717.18 billion if we refer to the live market data.
Future Outlook and Recent Updates
BPCL’s sales in the first half of FY2024-25 have been recorded by the company in its most recent financial statements. They mention a net profit of ₹5,412 crore in H1 FY25. But profits were slightly lower than last year as refining margins dropped to about $6.12 per barrel. Though, as of late, BPCL is still aggressively pursuing expansion in its retail and gas network, ethanol blending, and operations improvement.