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Hindustan Petroleum Corporation Limited (HINDPETRO.NS)

NSE - NSE Real Time Price. Currency in INR
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243.20-2.65 (-1.08%)
At close: 3:29PM IST

Hindustan Petroleum Corporation Limited

Petroleum House
17, Jamshedji Tata Road
Mumbai 400020
India
91 22 2286 3900
http://www.hindustanpetroleum.com

Sector(s)Energy
IndustryOil & Gas Refining & Marketing
Full-time employees9,696

Key executives

NameTitlePayExercisedYear born
Mr. Mukesh Kumar SuranaChairman & MD8.46MN/A1962
Mr. R. KesavanCFO, Director of Fin. & Director6.5MN/A1961
Mr. V. MuraliCompliance Officer & Company Sec.5.84MN/A1966
Mr. Rakesh MisriDirector of Marketing & Director8.01MN/A1962
Mr. Pushp Kumar JoshiDirector of HR & Whole Time Director7.36MN/A1964
Mr. Vinod S. ShenoyDirector of Refineries & Whole Time Director6.88MN/A1962
Mr. Anil PandeExec. Director of Operations, Distribution and EngineeringN/AN/A1960
Mr. Sushanta DharChief Gen. Mang. of Admin. & Real EstateN/AN/AN/A
Mr. Iyer H. NarayananChief Gen. Mang. of LegalN/AN/AN/A
Mr. Ajit SinghExec. Director of Direct SalesN/AN/A1962
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Hindustan Petroleum Corporation Limited refines and markets petroleum products in India and internationally. The company operates through Downstream Petroleum and Others segments. It offers petrol, diesel, kerosene, liquefied petroleum gas, naphtha lubricants, specialties, and greases, as well as aviation turbine fuel; and markets and exports bulk fuels, bitumen, solvents, jet and marine fuel, marine lubes, household insecticides, hexane, propylene, jute batch oil, turpentine oil, carbon black feed stock, molten sulphur, and superior kerosene oil (SKO). The company is also involved in international trade activities, including crude oil imports, petroleum product imports/exports, import/export registration, shipping, supplies for domestic markets, and product exchange with other Indian oil marketing companies and oil price risk management. In addition, it offers LPG products under the HP Gas brand, as well as markets LPG cylinders for commercial and industrial purposes, and bulk LPG products for industries; and operates retail petrol pumps and pipelines for the transportation of petroleum products. Further, the company explores for and produces hydrocarbons, as well as provides management services for exploration and production blocks; and operates sugar ethanol-cogen plants in Bihar, wind power plants in Maharashtra and Rajasthan, and solar power plant in Karnataka. As of March 31, 2020, it operated through a marketing network of 133 regional offices; 68 depots; 50 LPG bottling plants; 44 aviation service facilities; 16,476 retail outlets; 1,638 SKO and light diesel oil dealers; and 6,110 LPG distributors, as well as 43 terminal, installation, and tap off points. The company was incorporated in 1952 and is headquartered in Mumbai, India. Hindustan Petroleum Corporation Limited is a subsidiary of Oil and Natural Gas Corporation Limited.

Corporate governance

Hindustan Petroleum Corporation Limited’s ISS governance QualityScore as of 3 December 2020 is 10. The pillar scores are Audit: 5; Board: 10; Shareholder rights: 8; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.