BP

Bharat Petroleum Corporation Limited (BPCL) - MTF Margin Comparison

Exchange: NSE · Available on 11 brokers · Updated daily

Best MTF Rate: 22.52% on Kotak Neo(4.4x leverage)

Bharat Petroleum Corporation Limited results, Q1 FY27

Quarter ended 2026-06-30

BPCL reported revenue of Rs 1,51,277 crore in Q1 FY27, which rose 34.4% from the same quarter a year earlier. Net profit was Rs -1,873 crore, fell 127.4% year on year. EBITDA margin stood at -1.7%.

MetricQ1 FY27QoQYoYYear ago
Revenue1,51,277.03 Cr+27.4%+34.4%1,12,551.45
EBITDA-2,588.77 Cr-130.3%-126.9%9,629.42
EBITDA margin-1.7%-123.6%-119.8%8.6%
Net profit-1,872.70 Cr-133.3%-127.4%6,839.02
EPS-4.38-133.3%-127.4%16.01

Figures in rupees crore, as reported. EBITDA margin is derived from the reported EBITDA and revenue. A dash means the figure was not published for that period, never zero.

Yahoo Finance, as of 19 Aug 2026, 15:18 IST

Fundamentals Snapshot

EnergyFundamentals updated 17 AugMega Cap
CMP
₹317
PE
8.9
ROE
28.8%
ROCE
25.6%
Div Yield
5.53%
P/B
1.37
Mkt Cap
₹1,37,897 Cr

Fundamentals from the Downstox Value Screener (2,983-stock screener universe, updated daily). Not investment advice.

MTF Margin Comparison - BPCL

Upstox
26.04%
Margin Required
Leverage3.8x
You Pay2,604
You Get₹10,000
Interest18.25% p.a.
Max HoldUnlimited
Zerodha
25.20%
Margin Required
Leverage4.0x
You Pay2,520
You Get₹10,000
Interest14.6% p.a.
Max HoldUnlimited
Groww
25.32%
Margin Required
Leverage3.9x
You Pay2,532
You Get₹10,000
Interest14.95% p.a.
Max Hold365 days
Dhan
23.00%
Margin Required
Leverage4.3x
You Pay2,300
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited
BEST
Kotak Neo
22.52%
Margin Required
Leverage4.4x
You Pay2,252
You Get₹10,000
Interest9.69% p.a.
Max Hold30 days
Paytm Money
23.16%
Margin Required
Leverage4.3x
You Pay2,316
You Get₹10,000
Interest11.99% p.a.
Max Hold30 days
Pocketful
29.93%
Margin Required
Leverage3.3x
You Pay2,993
You Get₹10,000
Interest5.99% p.a.
Max HoldUnlimited
Fyers
31.25%
Margin Required
Leverage3.2x
You Pay3,125
You Get₹10,000
Interest12.49% p.a.
Max HoldUnlimited
Anand Rathi
29.53%
Margin Required
Leverage3.4x
You Pay2,953
You Get₹10,000
Interest9.99% p.a.
Max Hold365 days
Bajaj Broking
24.00%
Margin Required
Leverage4.2x
You Pay2,400
You Get₹10,000
Interest11.99% p.a.
Max Hold365 days
Share India
29.75%
Margin Required
Leverage3.4x
You Pay2,975
You Get₹10,000
Interest9.99% p.a.
Max HoldUnlimited

Bharat Petroleum Corporation Limited - Complete Broker Comparison

ParameterUpstoxZerodhaGrowwDhanKotak NeoPaytm MoneyPocketfulFyersAnand RathiBajaj BrokingShare India
MTF Margin26.04%25.20%25.32%23.00%22.52%23.16%29.93%31.25%29.53%24.00%29.75%
Leverage3.8x4.0x3.9x4.3x4.4x4.3x3.3x3.2x3.4x4.2x3.4x
You Pay (per ₹1L)26,04025,20025,32023,00022,52023,16029,93031,25029,53024,00029,750
Broker Funds (per ₹1L)73,96074,80074,68077,00077,48076,84070,07068,75070,47076,00070,250
Interest Rate (p.a.)18.25%14.6%14.95%12.49%9.69%11.99%5.99%12.49%9.99%11.99%9.99%
Daily Interest Cost₹20 per ₹40,000 slab/day₹40 per lakh/day₹41 per lakh/day₹34.2 per lakh/day (up to ₹5L)~₹27 per lakh/dayslab-based~₹27 per lakh/day~₹27 per lakh/daysee brokersee brokersee broker
Brokerage0.05% p.a.0.3% or Rs. 40 per lakh0.1% per orderConsidering 4X margins in cash₹318.40 @ 9.69% p.a.2.5% of trade value or ₹20 (whichever is lower)₹29NA0.049% per day0.2% on Delivery₹20* For F&O Trade
Pledge Charges0.01% p.a.Payment gateway charges ₹9 + GST₹20 per orderNIL₹20 + GST per ISIN₹20/- per Transaction (including ₹5 CDSL charges)nullNANilper ISIN20% upfront margin of the transaction value
Max Holding PeriodUnlimited (maintain margins)Unlimited (maintain margins)365 daysUnlimited (maintain margins)30 days30 daysUnlimited (maintain margins)Unlimited (maintain margins)365 days365 daysUnlimited (maintain margins)
Max Borrowing Limit₹25 lakhNo published limitNo published limit₹1 crore (₹20L per stock)No published limitNo published limitNo published limitNo published limitNo published limitNo published limitNo published limit
Auto Square-OffAuto square-off if margin shortfall not met by T+4Auto square-off if margin falls below minimumAuto-liquidation if margin falls below requirementAuto-liquidation if margin coverage < 20%Auto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfallAuto square-off on margin shortfall

Kotak Neo offers the best margin of 22.52% for BPCL, while Fyers requires 31.25% - a difference of 8.73 percentage points. With Kotak Neo you put up ₹8,730 less upfront per ₹1 lakh of position - and borrow that much more, on which daily MTF interest accrues.

BPCL MTF Interest Cost Calculator (per ₹1 Lakh Investment)

Upstox
Your capital26,040
Broker funds73,960
Daily interest37
30-day cost1,109
Annual cost13,498
Zerodha
Your capital25,200
Broker funds74,800
Daily interest30
30-day cost898
Annual cost10,921
Groww
Your capital25,320
Broker funds74,680
Daily interest31
30-day cost918
Annual cost11,165
Dhan
Your capital23,000
Broker funds77,000
Daily interest26
30-day cost790
Annual cost9,617
Kotak Neo
Your capital22,520
Broker funds77,480
Daily interest21
30-day cost617
Annual cost7,508
Paytm Money
Your capital23,160
Broker funds76,840
Daily interest25
30-day cost757
Annual cost9,213
Pocketful
Your capital29,930
Broker funds70,070
Daily interest11
30-day cost345
Annual cost4,197
Fyers
Your capital31,250
Broker funds68,750
Daily interest24
30-day cost706
Annual cost8,587
Anand Rathi
Your capital29,530
Broker funds70,470
Daily interest19
30-day cost579
Annual cost7,040
Bajaj Broking
Your capital24,000
Broker funds76,000
Daily interest25
30-day cost749
Annual cost9,112
Share India
Your capital29,750
Broker funds70,250
Daily interest19
30-day cost577
Annual cost7,018

* Interest calculated on broker-funded amount only. Actual cost depends on daily closing balance. Rates may vary - verify with your broker.

How Much Can You Invest in BPCL with MTF?

If you invest
10,000
Stock value you hold44,405
Kotak Neo funds34,405
Margin used22.52%
If you invest
50,000
Stock value you hold2,22,025
Kotak Neo funds1,72,025
Margin used22.52%
If you invest
1,00,000
Stock value you hold4,44,050
Kotak Neo funds3,44,050
Margin used22.52%

Frequently Asked Questions - BPCL MTF

What is the MTF margin for BPCL?

Upstox: 26.04%, Zerodha: 25.20%, Groww: 25.32%, Dhan: 23.00%, Kotak Neo: 22.52%, Paytm Money: 23.16%, Pocketful: 29.93%, Fyers: 31.25%, Anand Rathi: 29.53%, Bajaj Broking: 24.00%, Share India: 29.75%. The lowest margin is 22.52% on Kotak Neo, meaning you only need to pay ₹2252 to buy ₹10,000 worth of Bharat Petroleum Corporation Limited shares.

Which broker is cheapest for BPCL MTF?

For margin percentage, Kotak Neo offers the lowest at 22.52% (4.4x leverage). However, for interest cost, Dhan starts at 12.49% p.a., Zerodha charges ~14.6% p.a., Groww charges 14.95% p.a., and Upstox charges ~18.25% p.a. The total cost depends on both margin percentage and interest rate - compare both before choosing.

What interest rate do brokers charge on BPCL MTF?

Dhan: 12.49% p.a. (lowest, tiered up to 16.49%). Zerodha: ~14.6% p.a. (₹40 per lakh/day). Groww: 14.95% p.a. (₹41 per lakh/day). Upstox: ~18.25% p.a. (₹20 per ₹40K slab/day). Interest accrues from T+1 on the broker-funded amount until you sell.

Can I buy BPCL on margin?

Yes, Bharat Petroleum Corporation Limited (BPCL) is available for Margin Trading Facility (MTF) on Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy shares by paying only a fraction of the total value. The broker funds the rest and charges daily interest on the funded amount.

How long can I hold BPCL on MTF?

Upstox: maximum 365 days. Zerodha, Groww, and Dhan: unlimited holding period as long as you maintain the required margins daily. If your margin falls below the minimum, the broker will auto-liquidate your position.

What are the pledge charges for BPCL?

Upstox: ₹20 per stock (one-time). Zerodha: ₹15 + GST per ISIN. Dhan: ₹30 + GST per ISIN. Groww: auto-pledged (included in the process). Pledge charges are per ISIN, not per trade - you pay once regardless of quantity.

What happens if margin falls below minimum for BPCL?

All brokers will auto-liquidate your MTF position if margin maintenance is not met. Upstox gives until T+4 to top up. Zerodha and Groww require same-day/next-day top-up. Dhan auto-liquidates if coverage falls below 20%. Always maintain adequate margins to avoid forced sell-off.

What is the maximum borrowing limit for BPCL MTF?

Dhan: up to ₹1 crore total (₹20 lakh per stock). Upstox: up to ₹25 lakh total. Zerodha and Groww: no published maximum limit. Actual leverage depends on the stock's margin requirement set by the exchange.

Energy Sector Peers - MTF Margins

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Find the broker with the lowest margin requirement for every stock. Updated daily with real data from Upstox, Zerodha, Groww & Dhan.

About Bharat Petroleum Corporation Limited (BPCL) Margin Trading

Bharat Petroleum Corporation Limited (BPCL) is listed on the NSE and is eligible for Margin Trading Facility (MTF) across 11 major Indian brokers: Upstox, Zerodha, Groww, Dhan, Kotak Neo, Paytm Money, Pocketful, Fyers, Anand Rathi, Bajaj Broking, Share India. MTF allows you to buy BPCL shares by paying only a fraction of the total value, with the broker financing the rest.

Currently, Kotak Neo offers the best MTF margin of 22.52% for BPCL. This means you can buy ₹1,00,000 worth of Bharat Petroleum Corporation Limited shares by paying just ₹22,520, with Kotak Neo funding the remaining ₹77,480.

MTF Interest Rates for BPCL - Broker Comparison

The cost of holding BPCL on MTF depends primarily on the interest rate charged by your broker on the funded amount. Dhan offers the lowest starting rate at 12.49% p.a. (₹34.2 per lakh/day), followed by Zerodha at ~14.6% p.a., Groww at 14.95% p.a., and Upstox at ~18.25% p.a.

When choosing a broker for BPCL MTF, consider both the margin percentage (which determines how much capital you need) and the interest rate (which determines your holding cost). A broker with a slightly higher margin but lower interest rate may be cheaper overall for longer holding periods.

Holding Period & Square-Off Rules

Upstox allows holding BPCL on MTF for up to 365 days. Zerodha, Groww, and Dhan offer unlimited holding as long as you maintain the required margins daily. If your margin falls below the minimum, all brokers will automatically square off your position. Upstox gives a buffer until T+4, while Dhan auto-liquidates when coverage falls below 20%.

Pledge & Brokerage Charges

MTF trades are settled via pledge mechanism - your shares are pledged to the broker as collateral. Pledge charges: Upstox ₹20/stock, Zerodha ₹15+GST/ISIN, Dhan ₹30+GST/ISIN, Groww auto-pledges at no extra charge. Brokerage: Zerodha charges 0.3% or ₹20 (whichever is lower), Upstox 0.1% or ₹20, Groww and Dhan charge ₹20 flat per order.

Looking for more stocks? Browse our complete MTF stocks directory with 1913+ stocks, or use the MTF comparison table to find the best margins across all brokers. You can also trade BPCL directly through our Scalper Terminal.