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Chennai Petroleum Corporation Ltd (CHENNPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500110 NSE: CHENNPETRO Refineries | Small Cap | Chennai Petrol. Corp Share Price

₹1,180.95 -9.10 (-0.76%)

As on 05-Jun'26 16:59

Chennai Petroleum Corporation Ltd (CHENNPETRO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500110 NSE: CHENNPETRO Refineries | Small Cap | Chennai Petrol. Corp Share Price

₹1,180.95 -9.10 (-0.76%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹17,721 Cr.
Current Price
₹1,181
52-Week Low / High
₹603 / 1,226
TTM EPS
₹205.6
TTM Sales
₹78,611 Cr.
Book Value per Share
₹725.3
P/E Ratio
5.79
Higher than its 5-year historical median
Industry PE
17.6
Price to Book (P/B)
1.64
Higher than its 5-year historical median
Price to Sales (P/S)
0.23
Higher than its 5-year historical median
EV/EBITDA
3.80
Lower than its 5-year historical median
Dividend Yield
0.81%
Profitability Efficiency
Return on Equity (ROE)
2.10%
Underperforms industry median
Return on Capital Employed (ROCE)
4.04%
Underperforms industry median
Return on Assets (ROA)
0.94%
Operating Profit Margin
1.8%
Net Profit Margin
0.29%
Gross Profit Margin
1.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-10.59%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-77.31%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-93.6%
Asset Quality
Promoter Holding
67.29%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹10,651 Cr.
Equity
₹148.9 Cr.
Face Value
₹10
All Time Low / High
₹17.60 / 1274.00

Chennai Petroleum Corporation stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Chennai Petroleum Corporation Ltd a good quality company?
Chennai Petroleum Corporation Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Chennai Petroleum Corporation Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Chennai Petroleum Corporation Ltd vs industry peers?
Chennai Petroleum Corporation Ltd revenue CAGR is 9.81%, compared to the industry median CAGR of 13.17%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Chennai Petroleum Corporation Ltd?
Promoters hold 67.29% of the Chennai Petroleum Corporation Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Chennai Petroleum Corporation Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Chennai Petroleum Corporation Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.9%20.9%20.8%1.4%-26.3%16.2%19.9%45.6%35.5%4%-
Value Creation
Index
0.10.60.5-0.9-2.90.20.42.31.6-0.7-

Growth Parameters

Sales 25,84627,52032,52741,33837,17322,44543,37576,73566,38559,35678,611
Sales YoY Gr.-6.5%18.2%27.1%-10.1%-39.6%93.3%76.9%-13.5%-10.6%-
Adj EPS 5868.963.5-2.9-128.311.994.8261.9185.514.6205.6
YoY Gr.-18.7%-7.7%-104.6%NANA697.2%176.3%-29.2%-92.1%-
BVPS (₹) 157.3221.4257.7220.678.293.8187.4421.8577.1533.1725.3
Adj Net
Profit
8641,025946-43.4-1,9101771,4113,9002,7622183,062
Cash Flow from Ops. 2,2926092,757-145-6214521,0265,7492,6941,352-
Debt/CF from Ops. 291.6-46-1420.290.712.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 9.7%9.8%11%-10.6%
Adj EPS -14.2%NA-46.4%-92.1%
BVPS14.5%46.8%41.7%-7.6%
Share Price 19.6% 54% 47.5% 82.1%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
4336.126.4-1.2-84.913.5678637.12.632.7
Op. Profit
Mgn %
5.96.86.51.8-5.296.58.16.91.86.1
Net Profit
Mgn %
3.33.72.9-0.1-5.10.83.35.14.20.43.9
Debt to
Equity
21.71.227.56.63.30.70.30.40
Working Cap
Days
5543524838424434444819
Cash Conv.
Cycle
78810102151212154

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales25,84627,52032,52741,33837,17322,44543,37576,73566,38559,356
Operating Expenses + 24,49725,64330,44640,82239,33020,43340,64371,03761,90958,340
Manufacturing Costs424389426517487465452594668788
Material Costs23,25524,34929,10739,19837,68019,01338,86668,54360,05256,410
Employee Cost 357513582461508565548556547465
Other Costs 4613913316476553917781,344642677
Operating Profit 1,3491,8772,082517-2,1572,0122,7325,6984,4761,016
Operating Profit Margin (%) 5.2%6.8%6.4%1.3%-5.8%9.0%6.3%7.4%6.7%1.7%
Other Income + 364039592410717151344
Exceptional Items 0000000000
Interest 353274322421415376413331224245
Depreciation 274279340453468466504573606606
Profit Before Tax 7591,3651,458-298-3,0161,2771,8324,8093,660208
Tax 17335545-85-9381,0394891,27594935
Profit After Tax 7421,030913-213-2,0782381,3423,5342,711174
PAT Margin (%) 2.9%3.7%2.8%-0.5%-5.6%1.1%3.1%4.6%4.1%0.3%
Adjusted EPS (₹)49.869.261.3-14.3-139.016.090.2237.3182.111.7
Dividend Payout Ratio (%)8%30.40%30.20%0%0%0%2.20%11.40%30.20%42.90%

Valuation of Chennai Petrol. Corp - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 2,3613,3143,8563,3101,1921,4252,7906,2818,5937,939
Share Capital 149149149149149149149149149149
Reserves 2,2123,1653,7073,1611,0431,2762,6416,1328,4447,790
Debt +4,5645,4982,8896,3178,6738,6557,7294,0871,8381,699
Long Term Debt2,0032,3248261,4442,9403,0052,3922,1591,335158
Short Term Debt2,5603,1732,0634,8745,7335,6515,3381,9275031,541
Minority Interest0000000000
Trade Payables2,4691,6524,4442,4411,5551,8823,2403,0074,2833,164
Others Liabilities 9551,3443,6312,5429702,7313,8653,5635,3874,093
Total Liabilities 10,34911,80814,82014,61012,39014,69317,62516,93820,10116,895

Fixed Assets

Net Fixed Assets +4,1193,9265,9807,0437,1537,2657,0667,7307,5987,417
Gross Block4,3864,4636,8578,3698,9139,4639,69010,87411,34011,685
Accumulated Depreciation2665388771,3261,7602,1982,6243,1433,7424,267
CWIP 1,6792,7631,4101,1991,5981,5501,210331210208
Investments 12121212121212121212
Inventories3,1753,2074,7494,8472,3614,5097,5335,9747,8316,493
Trade Receivables7621,0401,569327124200252299462195
Cash Equivalents 39179104512994375
Others Assets 5638441,0921,1711,1391,1521,5402,5833,8942,194
Total Assets 10,34911,80814,82014,61012,39014,69317,62516,93820,10116,895

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2,2926092,757-145-6214521,0265,7492,6941,352
PBT 7591,3651,458-298-3,0161,2771,8324,8093,660208
Adjustment 6086056268438938609361,094835828
Changes in Working Capital 948-10721048-6561547-1682-1722854-882308
Tax Paid -22-289-376-34-45-2-20-1,007-9188
Cash Flow From Investing Activity + -1,142-1,169-969-1,273-963-548-676-403-589-649
Capex -1,163-1,191-991-1,308-987-568-700-418-602-685
Net Investments 0000000-000
Others 22222135242024151336
Cash Flow From Financing Activity + -1,152561-1,7881,4181,58497-343-5,354-2,106-519
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0331-3-5911,114491307-1,478-57-468
Interest Paid -310-312-298-469-389-312-337-435-223-235
Dividend Paid 0-60-313-275000-30-402-819
Others -842601-1,1742,753859-82-313-3,410-1,4241,003
Net Cash Flow -10-00-017-7-1184

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)37.1136.5225.59-5.99-93.3718.5564.1277.9136.462.1
ROCE (%)15.9220.8720.791.35-26.2516.219.945.6235.524.04
Asset Turnover Ratio3.283.673.323.553.623.13.755.274.293.85
PAT to CFO Conversion(x)3.090.593.02N/AN/A1.90.761.630.997.77
Working Capital Days
Receivable Days13.508.1010.806.601.701.401.401.101.801.70
Inventory Days36.4028.7032.9033.5026.9029.9036.3027.1031.7036.70
Payable Days44.8030.9038.2032.1019.403324.1016.6022.2024.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Chennai Petroleum Corporation Ltd FAQs

The current trading price of Chennai Petrol. Corp on 05-Jun-2026 16:59 is ₹1,181.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Chennai Petrol. Corp stood at ₹17,721.2 Cr

The latest P/E ratio of Chennai Petrol. Corp as of 04-Jun-2026 is 5.79.

The latest P/B ratio of Chennai Petrol. Corp as of 04-Jun-2026 is 1.64.

The 52-week high of Chennai Petrol. Corp is ₹1,225.6 and the 52-week low is ₹603.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Chennai Petrol. Corp is ₹78,611 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Chennai Petroleum Corporation Ltd is a average quality company.

The key valuation ratios of Chennai Petroleum Corporation Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Chennai Petroleum Corporation Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Chennai Petroleum Corporation Ltd

Chennai Petroleum Corporation Limited (CPCL), formerly known as Madras Refineries Limited (MRL) was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC) having a share holding in the ratio 74%, 13% and 13% respectively.

In 1985, AMOCO disinvested its stake in favour of the GOI and the shareholding percentage of GOI and NIOC stood revised at 84.62% and 15.38% respectively. Later GOI disinvested 16.92% of the paid up capital in favour of Unit Trust of India, mutual funds, insurance companies and banks on 19th May 1992, thereby reducing its holding to 67.7%. The public issue of CPCL shares at a premium of Rs 70 (Rs 90 to FIIs) in 1994 was oversubscribed to an extent of 38 times and added a large shareholder base. As a part of the restructuring steps taken up by the Government of India, Indian Oil Corporation acquired equity from GOI in 2000-01.

Business area of the company

The company is in the business of refining crude oil to produce & supply various petroleum products.

Products

Fuel
Lube
Petrochemical Feed Stocks

Awards and recognitions

2013

  • CPCL was awarded the following prizes: Special prize for best reduction in steam leaks for the year 2013. 2nd prize for fumace/Boiler efficiency for the year 2012. Special prize for CBR for Insulation effectiveness of fumace for the year 2012 by Centre for High Technology (CHT)
  • The Golden Peacock award for Occupational Health and Safety for the year 2013 by Institute of Directors (10D).
  • Greentech safety award in silver category for Petroleum sector by Greentech Foundation.
  • CPCL has been selected for Safety Award under Group A (Chemical Industries) for the year 2011 for two categories-Scheme-I Highest Reduction in Weighted Frequency Rate Over Previous Years. Scheme-II Longest Accident free period in man hours in Group A by Government of Tamilnadu.

2014

  • Chennai Petroleum Corporation Limited's (CPCL) Cauvery Basin Refinery has been awarded the Green Award for Industries by the Tamil Nadu Pollution Control Board (TNPCB), for the unique measures adopted by the Company for the preservation of environment by Tamil Nadu Pollution Control Board (TNPCB).
  • Chennai Petroleum Corporation Limited% (CPCL), New Dining Hall in Refinery-Ill has received IGBC's (Indian Green Building Council) Silver Rating for having been constructed complying with Green Building Standards. With the Globe perceiving the concept of Energy conservation & its efficient utilization, CPCL's instigation towards the mission of energy conservation has secured it a place in this year's IGBC Ratings by IGBC's (Indian Green Building Council).
  • The Petrofed Innovator of the Year-Team' award for the year 2013 was bagged by Chennai Petroleum Corporation Limited (CPCL) jointly with Indian Oil Corporation Limited (IOCL). The award was presented for the innovation in the Indigenous development and commercial application technology for 'Co-processing of Non-edible Vegetable Oils in Petroleum Refineries' leading to better product quality. Demonstration of this technology was successfully carried out in CPCL's Plant-13 (Diesel Hydrotreater) and the end product was obtained with high quality as envisaged by Petrofed.
  • Chennai Petroleum Corporation (CPCL)'s Manali Refinery and Cauvery Basin Refinery have been selected for the 'Safety Star Award' and 'Safety Appreciation Award' for 2012' respectively by the National Safety Council, Tamilnadu Chapter in appreciation of the high level of safety measures exercised by the Company by National Safety Council, Tamilnadu.

2015

  • CPCL has been awarded with 'Governance Now PSU Award' for 'Green Initiatives' and 'Research Innovation' in the Miniratna category I Of CPSEs by Miniratna category I Of CPSE.
  • CPCL secured Raibhasha Shield by Town Official language Implementation committee by Town Official language Implementation committee.
  • SAFECON- Best Safety Practices Award for CBR was received from Directorate of Industrial Safety and Health and CII by Directorate of Industrial Safety and Health and CII.

2016

  • CPCL was awarded the 'Highest Tax payer Award 2015-16 by Central Excise Department. This honor was conferred on CPCL for being the top assessee in Chennai Zone, and in a larger way for its contribution towards revenue and industrial growth by Central Excise Department.
  • CPCL has been awarded the OGCF - 2016 Award for Furnace / Boiler Efficiency by Centre for HighTechnology by CHT - Centre for HighTechnology.
  • The Export Excellence Award for the year 2014 was awarded to CPCL under 'Top Exporter in Southern Region' in Gold category, for the active role played in the Exports made by CPCL by FIEO SR Export Award.
  • CPCL's Cauvery Basin Refinery (CBR) has been awarded the prestigious GREEN AWARD for the second consecutive year by TamilNadu Pollution Control Board (TNPCB) for the various environmental protection measures undertaken by CBR by TamilNadu Pollution Control Board.
  • CPCL has been awarded the Best Enterprise Award by WIPS, under the aegis of SCOPE for the year 2016 under Mini ratna category by Forum of women in Public sector.

2018

  • ISO Certificate for Integrated Management System - Certificates ISO 9001:2015 EMS14001:2015/BS OHSAS18001:2007(Quality,Environment and Occupational Health & safety) by Bureau Veritas.
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