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 ₹ 3,653 Cr.
- Current Price ₹ 245
- High / Low ₹ 418 / 94.4
- Stock P/E 1.04
- Book Value ₹ 358
- Dividend Yield 0.82 %
- ROCE 19.6 %
- ROE 47.4 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.69 times its book value
- Company is expected to give good quarter
Cons
- The company has delivered a poor sales growth of 9.37% over past five years.
- Company has a low return on equity of -5.66% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Sector: Refineries Industry: Refineries
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
41,899 | 25,716 | 27,522 | 32,370 | 41,113 | 36,973 | 22,222 | 43,068 | 75,139 | |
42,016 | 24,367 | 25,646 | 30,288 | 40,596 | 39,130 | 20,210 | 40,343 | 69,499 | |
Operating Profit | -117 | 1,349 | 1,877 | 2,082 | 517 | -2,157 | 2,012 | 2,725 | 5,641 |
OPM % | -0% | 5% | 7% | 6% | 1% | -6% | 9% | 6% | 8% |
25 | 56 | 62 | 52 | 67 | 45 | 127 | 33 | 34 | |
Interest | 405 | 353 | 274 | 322 | 421 | 415 | 376 | 413 | 342 |
Depreciation | 229 | 274 | 279 | 340 | 453 | 468 | 466 | 504 | 548 |
Profit before tax | -727 | 778 | 1,386 | 1,473 | -290 | -2,995 | 1,296 | 1,841 | 4,785 |
Tax % | 95% | 2% | 24% | 37% | 29% | 31% | 80% | 27% | |
Net Profit | -33 | 762 | 1,051 | 927 | -205 | -2,056 | 257 | 1,352 | 3,521 |
EPS in Rs | -2.23 | 51.14 | 70.57 | 62.27 | -13.79 | -138.10 | 17.28 | 90.79 | 236.42 |
Dividend Payout % | 0% | 8% | 30% | 30% | 0% | 0% | 0% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 2% |
TTM: | 110% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 105% |
TTM: | 495% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | -8% |
3 Years: | 26% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -6% |
Last Year: | 47% |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
149 | 149 | 149 | 649 | 696 | 721 | 755 | 649 | 149 | |
Reserves | 1,594 | 2,320 | 3,292 | 3,848 | 3,308 | 1,210 | 1,462 | 2,838 | 5,183 |
5,399 | 4,567 | 5,501 | 3,991 | 6,121 | 8,126 | 8,561 | 8,738 | 7,486 | |
3,959 | 3,430 | 2,681 | 6,351 | 4,561 | 3,390 | 4,093 | 5,913 | 8,664 | |
Total Liabilities | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,638 | 21,482 |
4,102 | 4,119 | 3,883 | 5,914 | 6,977 | 7,034 | 7,142 | 6,967 | 7,732 | |
CWIP | 784 | 1,679 | 2,763 | 1,410 | 1,199 | 1,598 | 1,550 | 1,210 | 339 |
Investments | 14 | 119 | 140 | 153 | 159 | 179 | 199 | 209 | 196 |
6,201 | 4,547 | 4,837 | 6,863 | 5,802 | 4,064 | 5,374 | 9,254 | 13,214 | |
Total Assets | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,638 | 21,482 |
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 | |
---|---|---|---|---|---|---|---|---|
1,083 | 2,292 | 609 | 2,757 | -144 | -620 | 452 | 1,026 | |
-480 | -1,142 | -1,169 | -969 | -1,273 | -963 | -548 | -676 | |
-609 | -1,152 | 561 | -1,788 | 1,417 | 1,583 | 97 | -343 | |
Net Cash Flow | -6 | -1 | 0 | -0 | 0 | -0 | 1 | 7 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 11 | 14 | 18 | 3 | 1 | 3 | 2 |
Inventory Days | 35 | 50 | 48 | 60 | 45 | 23 | 87 | 71 |
Days Payable | 29 | 39 | 25 | 56 | 23 | 15 | 36 | 30 |
Cash Conversion Cycle | 22 | 22 | 37 | 22 | 26 | 9 | 54 | 43 |
Working Capital Days | 10 | 14 | 29 | -3 | 14 | 2 | 31 | 36 |
ROCE % | 16% | 21% | 21% | 1% | -26% | 16% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 Feb - Communication dated 03.02.2023 on the above subject. For information and dissemination please.
- Un-Audited Financial Results For The Quarter And Nine Months Ended 31.12.2022 25 Jan
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Jan
- Board Meeting Intimation for Board Meeting Intimation 13 Jan
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Jan - Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 2018 dated 11.01.2023. For information and dissemination please.
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Revenue Breakup
Presently, high-speed diesel accounts for ~45% of revenues, followed by Motor spirit (11%), heavy ends (11%), Automatic transmission fluid (10%), naphtha (9%) and other value added products (14%).[1]