Chennai Petroleum Corporation Ltd
Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.[1]
- Market Cap ₹ 15,371 Cr.
- Current Price ₹ 1,032
- High / Low ₹ 1,103 / 516
- Stock P/E 7.15
- Book Value ₹ 593
- Dividend Yield 0.78 %
- ROCE 4.30 %
- ROE 2.51 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 31.1%
- Company has been maintaining a healthy dividend payout of 25.3%
Cons
- The company has delivered a poor sales growth of 9.79% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Petroleum Products Refineries & Marketing
Part of BSE 500 BSE PSU Nifty 500 BSE Allcap BSE Energy
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41,899 | 25,716 | 27,522 | 32,370 | 41,113 | 36,973 | 22,222 | 43,068 | 76,271 | 66,024 | 58,983 | 64,072 | |
| 42,016 | 24,367 | 25,646 | 30,288 | 40,596 | 39,130 | 20,210 | 40,336 | 70,574 | 61,548 | 57,967 | 60,566 | |
| Operating Profit | -117 | 1,349 | 1,877 | 2,082 | 517 | -2,157 | 2,012 | 2,732 | 5,698 | 4,476 | 1,016 | 3,506 |
| OPM % | -0% | 5% | 7% | 6% | 1% | -6% | 9% | 6% | 7% | 7% | 2% | 5% |
| 25 | 56 | 62 | 52 | 67 | 45 | 127 | 26 | 13 | 47 | 84 | 125 | |
| Interest | 405 | 353 | 274 | 322 | 421 | 415 | 376 | 413 | 331 | 224 | 245 | 169 |
| Depreciation | 229 | 274 | 279 | 340 | 453 | 468 | 466 | 504 | 573 | 606 | 607 | 610 |
| Profit before tax | -727 | 778 | 1,386 | 1,473 | -290 | -2,995 | 1,296 | 1,841 | 4,806 | 3,694 | 249 | 2,851 |
| Tax % | -95% | 2% | 24% | 37% | -29% | -31% | 80% | 27% | 27% | 26% | 14% | |
| -33 | 762 | 1,051 | 927 | -205 | -2,056 | 257 | 1,352 | 3,532 | 2,745 | 214 | 2,151 | |
| EPS in Rs | -2.23 | 51.14 | 70.57 | 62.27 | -13.79 | -138.10 | 17.28 | 90.79 | 237.16 | 184.34 | 14.38 | 144.43 |
| Dividend Payout % | 0% | 8% | 30% | 30% | 0% | 0% | 0% | 2% | 11% | 30% | 35% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 10% |
| 3 Years: | 11% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 16% |
| 3 Years: | -46% |
| TTM: | 478% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 59% |
| 3 Years: | 61% |
| 1 Year: | 69% |
| Return on Equity | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 33% |
| 3 Years: | 31% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 |
| Reserves | 1,594 | 2,320 | 3,292 | 3,848 | 3,308 | 1,210 | 1,462 | 2,838 | 6,326 | 8,672 | 8,058 | 8,677 |
| 5,399 | 4,567 | 5,501 | 4,491 | 6,668 | 8,698 | 9,167 | 9,238 | 4,260 | 2,786 | 3,117 | 1,933 | |
| 3,959 | 3,430 | 2,681 | 5,851 | 4,013 | 2,818 | 3,487 | 5,298 | 5,345 | 6,768 | 5,785 | 5,799 | |
| Total Liabilities | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,523 | 16,079 | 18,375 | 17,109 | 16,558 |
| 4,102 | 4,119 | 3,883 | 5,914 | 6,977 | 7,034 | 7,142 | 6,967 | 7,637 | 7,506 | 7,325 | 7,131 | |
| CWIP | 784 | 1,679 | 2,763 | 1,410 | 1,199 | 1,598 | 1,550 | 1,210 | 331 | 210 | 208 | 284 |
| Investments | 14 | 119 | 140 | 153 | 159 | 179 | 199 | 208 | 206 | 240 | 280 | 369 |
| 6,201 | 4,547 | 4,837 | 6,863 | 5,802 | 4,064 | 5,374 | 9,139 | 7,905 | 10,419 | 9,296 | 8,774 | |
| Total Assets | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,523 | 16,079 | 18,375 | 17,109 | 16,558 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,083 | 2,292 | 609 | 2,757 | -144 | -620 | 452 | 1,026 | 5,749 | 2,694 | 1,352 | |
| -480 | -1,142 | -1,169 | -969 | -1,273 | -963 | -548 | -676 | -403 | -589 | -649 | |
| -609 | -1,152 | 561 | -1,788 | 1,417 | 1,583 | 97 | -343 | -5,354 | -2,106 | -519 | |
| Net Cash Flow | -6 | -1 | 0 | -0 | 0 | -0 | 1 | 7 | -7 | -1 | 184 |
| Free Cash Flow | 596 | 1,129 | -582 | 1,766 | -1,452 | -1,607 | -116 | 326 | 5,331 | 2,092 | 667 |
| CFO/OP | -931% | 172% | 48% | 150% | -21% | 27% | 23% | 38% | 119% | 81% | 132% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 11 | 14 | 18 | 3 | 1 | 3 | 2 | 1 | 3 | 1 |
| Inventory Days | 35 | 50 | 48 | 60 | 45 | 23 | 87 | 71 | 32 | 48 | 42 |
| Days Payable | 29 | 39 | 25 | 56 | 23 | 15 | 36 | 30 | 16 | 26 | 20 |
| Cash Conversion Cycle | 22 | 22 | 37 | 22 | 26 | 9 | 54 | 43 | 17 | 24 | 23 |
| Working Capital Days | -20 | -22 | -14 | -26 | -29 | -54 | -70 | -22 | 5 | 9 | -2 |
| ROCE % | 16% | 21% | 21% | 1% | -26% | 16% | 20% | 45% | 35% | 4% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Throughput MMT ・Standalone data |
|
||||||||||
| Gross Refining Margin (GRM) $/bbl ・Standalone data |
|||||||||||
| Distillate Yield % ・Standalone data |
|||||||||||
| Fuel and Loss wt % ・Standalone data |
|||||||||||
| Specific Energy Consumption (MBN) MBTU/BBL/NRGF ・Standalone data |
|||||||||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Directorate
9h - Shri V.C. Asokan appointed Non-Executive Nominee Director on CPCL board effective 2 April 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12h - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Shri M Annadurai ceased as Non-Executive Nominee Director of CPCL on 31.03.2026 due to IOCL superannuation.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
28 Mar - Ravi Kumar Rungta and Dr C.K. Shivanna ceased as independent directors effective 28 March 2026.
-
Appointment Of Cost Auditor
26 Mar - Appointed M/s Vivekanandan Unni & Associates as Cost Auditor for FY2026-27, effective 26 March 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
Concalls
-
May 2025TranscriptPPT
-
Mar 2025TranscriptAI SummaryPPT
-
Apr 2024TranscriptAI SummaryPPTREC
-
May 2023TranscriptPPT
Product Offering
The main products of the Company are LPG, Motor Spirit, Superior Kerosene, Aviation Turbine Fuel, High Speed Diesel, Naphtha, Fuel Oil, Lube Base Stocks and Bitumen. These products are marketed by parent company IOCL. It also produced Speciality products like Paraffin Wax, Mineral Turpentine Oil (MTO), Hexane, Petrochemical feedstocks, Linear Alkyl Benzene Feedstock (LABFS), Petroleum Coke and Sulphur and they are marketed by the company itself. [1]