CRISIL BPCL

Hi buddy here I have come to collect info related to CRISIL rating for Bharat Petroleum Corporation Limited (BPCL), so will you plz let me know about the same ??

CRISIL (Credit Rating Information Services of India Limited) is a global analytical company providing ratings, research, and risk and policy advisory services.

Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled Maharatna oil and gas company headquartered in Mumbai, Maharashtra.

CRISIL has reaffirmed its ratings on the bank facilities and debt instruments of Bharat Petroleum Corporation Ltd (BPCL) at 'CRISIL AAA/Stable/CRISIL A1+'. The ratings continue to reflect the strategic importance to, and expectation of continued support from, the Government of India (GoI).

Rating Rationale
April 10, 2017 | Mumbai
Bharat Petroleum Corporation Limited
Ratings Reaffirmed

Rating Action
Total Bank Loan Facilities Rated Rs.68343.5 Crore
Long Term Rating CRISIL AAA/Stable (Reaffirmed)
Short Term Rating CRISIL A1+ (Reaffirmed)

Rs.1000 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)
Rs.1000 Crore Non Convertible Debentures CRISIL AAA/Stable (Reaffirmed)
Rs.15000 Crore Short Term Debt Programme CRISIL A1+ (Reaffirmed)

Company profile
Type Public
Traded as BSE: 500547
NSE: BPCL
Industry Oil and gas
Headquarters Mumbai, Maharashtra, India
Key people D Rajkumar
(Chairman& MD)
Products Petroleum, natural gas, and other petrochemicals
Revenue 244,648.50 crore (US$38 billion) (2017)
Operating income 11,042.79 crore (US$1.7 billion) (2017)
Net income 8,039.30 crore (US$1.3 billion) (2017)
Total assets 91,989.63 crore (US$14 billion) (2017)
Owner Government of India (54.93%)
Number of employees 12,567 (2017)

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