BPCL.NS · Intrinsic value
Is Bharat Petroleum Corporation Limited (BPCL.NS) overvalued or undervalued?
Bharat Petroleum Corporation Limited (BPCL.NS) trades at the delayed market price of ₹295.15 a share. That price already implies revenue growth of 6.1% a year for 5 years. TickerWorth's fair value is ₹444.45 a share (34% below fair value), as of Oct 19, 2026. It is a model estimate, and every input behind it is sourced below.
Model by Miraaj Patel · generated from market data · Updated Oct 19, 2026 · How these pages are made
Is BPCL.NS undervalued?
- Fair value
- ₹444.45
- Market price
- ₹295.15
- Upside to fair value
- +50.6%
- Verdict
- 34% below fair value
Reverse DCF: Today's price implies revenue growth of 6.1% a year for 5 years; our model assumes 16.6% a year on average over the same horizon.
What is BPCL.NS's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Energy companies in India
Its strongest point: looks cheap on the numbers. Its weakest: profitability is weak.
- Value · 86 of 100
Cheaper than 86% of Energy companies worldwide
- Price vs worth · 90 of 100
- Quality · 9 of 100
More profitable than 9% of Energy companies worldwide
- Financial health · 57 of 100
Financially stronger than 57% of Energy companies worldwide
- Growth · 31 of 100
Growing faster than 31% of Energy companies worldwide
- Momentum · 8 of 100
Outperformed 8% of Energy companies worldwide over the past year
Confidence: High confidence · Scored
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BPCL.NS DCF valuation: where the gap comes from
At a recent price of ₹295.15, Bharat Petroleum Corporation Limited (BPCL.NS) trades 34% below TickerWorth's blended fair value of ₹444.45 per share — a discounted-cash-flow model cross-checked against peer multiples and asset value — meaning the market currently prices BPCL.NS undervalued vs our estimate of what the business is intrinsically worth. Our fair value sits above the market, an implied +50.6% move to close the gap if the business performs in line with our assumptions. This is an educational model, not a price target or a recommendation — the value moves with the inputs, which you can test yourself using the WACC slider below.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values BPCL.NS at about ₹517.88 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts Bharat Petroleum Corporation Limited's projected free cash flows at a weighted-average cost of capital (WACC) of 8.3%, with a long-run terminal growth rate of 2.5%. About 79% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 6.1% annual revenue growth for BPCL.NS. Our base case instead compounds to about 16.6% a year over the same forecast, so the market is pricing in slower growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, BPCL.NS's modeled DCF value ranges from about ₹345.83 to ₹950.52 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what Bharat Petroleum Corporation Limited would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of BPCL.NS's intrinsic value. Figures update as new filings and prices come in.
Every input behind BPCL.NS's DCF
| Input | Value |
|---|---|
| Base-year revenueLive feed — totalRevenue (TTM) | ₹4,939,535,880,000 |
| Base EBIT marginComputed — trailing operatingMargins, held roughly flat | 2.0% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 30% → 24% → 17% → 10% → 4% |
| Risk-free rateLive feed — US 10-year Treasury yield (^TNX) | 5.3% |
| BetaLive feed — yfinance, 5-year monthly beta vs the S&P 500 (clamped to 0.4–2.5) | 0.87 |
| Terminal growthESTIMATEAssumption — TickerWorth house default 2.5%, held below WACC | 2.5% |
| Diluted sharesLive feed — sharesOutstanding | 4,273M |
| Market priceLast known price · as of 2026-10-19 12:31 UTC | ₹295.15 |
Change BPCL.NS's assumptions
The discount-rate dial and the editable model
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What does Bharat Petroleum Corporation Limited do?
What does it do?
Bharat Petroleum Corporation Limited engages in refining crude oil and marketing petroleum products in India and internationally. It operates through two segments, Downstream Petroleum; and Exploration and Production of Hydrocarbons. It operates in the Oil & Gas Refining & Marketing industry (Energy sector), headquartered in India. The company employs roughly 8,945 people.
How does it make money?
The business turns 4.9T in annual revenue into profit. Out of every $100 of sales, about $0 is left as operating profit (operating margin of -4.0%), after a 13% gross margin on the products/services it sells. After all costs, taxes and interest, 3.5% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks mixed: carries modest debt (0.5× equity), and is currently profitable.
BPCL.NS insider trading
Insider filings are available for US-listed companies only.
Common questions
What is BPCL.NS's intrinsic value?
TickerWorth's blended fair value for Bharat Petroleum Corporation Limited (BPCL.NS) is ₹444.45 per share, versus a market price of ₹295.15 (34% below fair value).
Is BPCL.NS overvalued or undervalued?
On our blended fair value BPCL.NS looks undervalued vs fair value at ₹295.15. This is an educational estimate, not advice.
What discount rate is used for BPCL.NS?
A WACC of 8.3% and a terminal growth rate of 2.5%.
Is Bharat Petroleum stock undervalued?
TickerWorth's fair value for Bharat Petroleum Corporation Limited (BPCL.NS) is ₹444.45 against a market price of ₹295.15. Our read: 34% below fair value. This is a model estimate, not investment advice.
Bharat Petroleum (BPCL.NS) DCF valuation and fair value
Our fair value for Bharat Petroleum Corporation Limited (BPCL.NS) is ₹444.45, built on a 8.3% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into Bharat Petroleum stock?
Today's price implies revenue growth of 6.1% a year for 5 years; our model assumes 16.6% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of ₹295.15. A model estimate, not investment advice.
Bharat Petroleum (BPCL.NS) insider trading
We have no recent SEC Form 4 insider filings on file for Bharat Petroleum Corporation Limited (BPCL.NS). Form 4 covers US-listed companies only.
More stocks below our fair value
Not investment advice. TickerWorth Score is a model output.
Educational tool. Every output reflects the assumptions shown — not a prediction and not investment advice. TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.