HINDPETRO / language trends

Read confidence between the lines.

HPCL · tone and specificity signals across the available quarters.

Research layer active

Language signals

What changed in management language.

Q1-FY26 · Vikas Koshul

We are in a good spot and we are bullish about the future.

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Q1-FY26 · Vikas Koshul

If you are a cricket follower, I would say that ball was well left by us because that market was going way outside the off stump in terms of even 11,000 rupees scale or 10,000 scale per discount. We took a very conscious call of preserving our bottom line rather than preserving our market share.

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Q1-FY26 · Vikas Koshul

We are quite confident that once ROUP comes in we have an incremental liftoff on our EBITDA month on month.

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Q2-FY26 · Vikash Kosha

In the first two quarters of this year, we have earned more PAT than we earned in whole of last year.

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Q2-FY26 · Vikash Kosha

We are revising our target to a sub one now in terms of debt equity ratio by end of this year.

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Q2-FY26 · Vikash Kosha

The unlocking can happen at any time but for the moment we want to build that business further.

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Q3-FY26 · Management

We are targeting a performance guarantee test which will mean 100% utilization somewhere in March.

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Q3-FY26 · Management

If I total all the recommendations which came out that excise is going to be increased this week or two in next week over the last quarter or two then probably the site would have increased by 20 rupees by now.

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Q3-FY26 · Management

We are not in the middle of fighting the bulls and the bears; we are in delivering the performance for HPCL.

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Q4-FY26 · Vikash Kel

We are fully secured on the crude supply, we are very comfortable on the supply side.

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Q4-FY26 · Vikash Kel

In this moment of crisis, there were three oil companies who were standing with the Indian consumers. They were the three OMCs.

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Q4-FY26 · Vikash Kel

We are not going to give any forward-looking guidance on this because it's just too volatile to give a guidance.

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