Company Intelligence Profile
Hpcl-Mittal Energy Limited
HPCL-Mittal Energy Limited (HMEL) runs an integrated petroleum refining and petrochemicals complex at Bathinda, Punjab, as a joint venture of HPCL and Mittal Energy Investments.
Last updated 15 October 2026
HPCL-Mittal Energy Limited runs an integrated petroleum refining and petrochemicals complex at Bathinda, Punjab. It is a joint venture of Hindustan Petroleum Corporation Limited and Mittal Energy Investments Pte Ltd. The company was incorporated on 13 December 2000 as an unlisted public company. For FY2025-26 it reported revenue of ₹94,320.4 Cr and net profit of ₹1,649.6 Cr.
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Company Identity
| Registered name | HPCL-MITTAL ENERGY LIMITED |
|---|---|
| CIN | U23201PB2000PLC024126 |
| Status | Active |
| Listing | Unlisted |
| Incorporated | 13 December 2000 |
| ROC | RoC Punjab (Jalandhar) |
| Sector (NIC) | Energy (NIC 23201) |
| Registered address | Village Phulokhari, Taluka Talwandi Saboo, Bhatinda, Punjab - 151301 |
| Authorized capital | ₹11,400.0 Cr |
| Paid-up capital | ₹8,041.1 Cr |
Source: www.tofler.in
Business Overview
- HPCL-Mittal Energy Limited (HMEL) is a joint venture between Hindustan Petroleum Corporation Limited and Mittal Energy Investments Pte Ltd.
- It runs an integrated petroleum refining and petrochemicals complex at Bathinda, Punjab.
- Its products include transportation fuels, polyethylene, polypropylene and specialty chemicals.
- It also works in retail fuel and green energy.
- It was incorporated on 13 December 2000.
- Its corporate office is at Inox Towers, Sector 16A, Noida.
Source: www.tofler.in
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Prabh Das | 00164799 | Managing Director | - |
| Harak Chand Banthia | 06373651 | Director & CFO | - |
| Jagjeet Singh Bindra | 00354270 | Director | - |
| Sidhartha Tyagi | 00545016 | Company Secretary | - |
| Bharathan Shunmugavel | 09561481 | Director | - |
| Sandeep Kumar Jalan | 06927791 | Additional Director | - |
| Vanisha Mittal Bhatia | 10991549 | Director | - |
| Vikas Kaushal | 10993007 | Director | - |
| Manaswini Bhalla | 10942496 | Director | - |
| Srividya Venkataraman | 09548415 | Additional Director | - |
Source: www.tofler.in
Financials
- Revenue ₹94,320.4 Cr
- Net profit ₹1,649.6 Cr
- EBITDA ₹6,290.7 Cr
- Net worth ₹15,713.6 Cr
- Total borrowings ₹31,637.9 Cr
Source: www.tofler.in
Charges & Borrowings
- Charge holder: SBICap Trustee Company Limited
- ₹3,189.0 Cr charge dated 03 Aug 2026
- ₹1,250.0 Cr charge dated 29 Jun 2026
- ₹1,500.0 Cr charge dated 04 Feb 2026
- ₹8,845.0 Cr charge dated 30 Apr 2025
- ₹1,285.0 Cr charge dated 08 Apr 2025
- ₹1,000.0 Cr charge dated 05 Feb 2024
- ₹20,000.0 Cr charge dated 02 Sep 2022
Source: www.tofler.in
Competitors
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