Chennai Petroleum Corporation Ltd logo

Chennai Petroleum Corporation Ltd

CHENNPETRO NSE

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]

AI Verdict: BUY Confidence: 6%

Chennai Petroleum trades at a compelling PE of 5.4x with a 3-year ROE of 23% and strong 5-year profit CAGR of 65%. While cyclicality and thin dividend yield of 0.72% are concerns, the deep value and debt reduction make it attractive for risk-tolerant investors.

Key Fundamentals

Volatility
Moderate
P/E Ratio
5.29
EBITDA
₹4,757 Cr
Return on Equity
31.12%
Debt to Equity
0.31
EPS
₹170.95
52W High
₹1,249
52W Low
₹620.85

Technical Indicators

Key Insights

Strengths

3
  • Company has reduced debt.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 23.5%
  • Company has been maintaining a healthy dividend payout of 31.5%

Growth Rate

Revenue Growth
7.17% ↘
Net Income Growth
1376.44% ↗
Cash Flow Change
-49.81% ↘
ROE
-91.61% ↘
ROCE
-85.37% ↘
EBITDA Margin (Avg.)
326.29% ↗

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 1d ago
BUY
Risk high

Chennai Petroleum trades at a compelling PE of 5.4x with a 3-year ROE of 23% and strong 5-year profit CAGR of 65%. While cyclicality and thin dividend yield of 0.72% are concerns, the deep value and debt reduction make it attractive for risk-tolerant investors.

Bull Case 8
  • Extremely cheap valuation at PE of 5.4x, well below sector and market averages, indicating significant margin of safety
  • Exceptional 5-year compounded profit growth of 65% demonstrates earnings power through commodity cycles
  • Consistent ROE track record of 23% over 3 years and 32% last year, indicating efficient capital deployment
  • Stock CAGR of 51% over 5 years reflects strong wealth creation and momentum
  • Company has actively reduced debt, strengthening balance sheet resilience for cyclical downturns
  • Price-to-book of 1.5x is reasonable for a company generating 23%+ ROE, suggesting undervaluation
  • TTM profit growth of 1349% shows massive earnings recovery, likely from improved refining margins
  • 100% of analysts (1 out of 1) rate it a Buy, with zero Hold or Sell recommendations
Bear Case 8
  • Dividend yield of only 0.72% is unattractive for income investors despite 31.5% payout ratio
  • 3-year compounded sales CAGR of -6% indicates revenue contraction, raising questions about volume growth
  • Only 1 analyst covers the stock, indicating poor institutional interest and potential liquidity risk
  • 3-year compounded profit CAGR of -4% suggests the TTM spike of 1349% may be unsustainable base-effect driven
  • Refining is a deeply cyclical sector — current PE of 5.4x may reflect peak-cycle earnings rather than true cheapness
  • Market cap of Rs 16,730 Cr is mid-cap territory, exposing investors to higher volatility during downturns
  • 10-year sales CAGR of only 9% shows limited top-line structural growth for a commodity processor
  • As a PSU refiner, capital allocation decisions may prioritize government objectives over shareholder returns

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 14h ago
Positives 2
  • Bullish breakout above ₹1,120-1,140 Jun 02

    Chennai Petroleum broke above the key resistance zone of ₹1,120-1,140 with improving volumes, recommended as a buy at ₹1,142 with a target of ₹1,258 by Bonanza Portfolio.

  • Stock gained 4.08% in session Jun 02

    CHENNPETRO rose 4.08% to ₹1,141.60, trading above all major moving averages with short-, medium-, and long-term EMAs positively aligned in an established uptrend.

Neutral 1
  • Trading window closes July 1 Jun 18

    CPCL closes its insider trading window from July 1, 2026 until 48 hours after Q1FY27 results are filed, a routine compliance measure ahead of quarterly results.

TL;DR: Chennai Petroleum is in a technically strong position, having broken above key resistance with volume confirmation and positive EMA alignment. No fundamental headwinds emerged in the recent news cycle. The stock has a near-term upside target of ₹1,258 from current levels around ₹1,142. With Q1FY27 results approaching (trading window closing July 1), the next catalyst will likely be quarterly earnings performance.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
18,009
14,745
16,545
17,376
17,720
17,095
12,086
12,925
17,249
14,812
16,327
15,683
16,817
Expenses
16,382
13,795
14,740
16,696
16,678
16,432
12,761
12,683
16,464
14,714
15,183
14,205
14,781
Operating Profit
1,627
950
1,804
680
1,042
663
-675
242
785
99
1,144
1,478
2,036
OPM %
9%
6%
11%
4%
6%
4%
-6%
2%
5%
1%
7%
9%
12%
Other Income
10
10
10
8
19
19
19
15
32
26
23
43
43
Interest
84
57
65
50
51
48
52
79
66
37
34
33
16
Depreciation
157
147
157
151
151
150
153
153
150
151
152
157
150
PBT
1,396
756
1,593
486
859
484
-862
24
602
-64
982
1,331
1,913
Tax %
27%
26%
25%
25%
27%
26%
-26%
15%
22%
-37%
27%
25%
26%
Net Profit
1,013
556
1,195
365
628
357
-634
21
470
-40
719
1,002
1,422
EPS in Rs
68.01
37.37
80.28
24.53
42.17
23.98
-42.55
1.4
31.56
-2.69
48.3
67.26
95.48
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
41,899
25,716
27,522
32,370
41,113
36,973
22,222
43,068
76,271
66,024
58,983
63,640
Expenses
42,016
24,367
25,646
30,288
40,596
39,130
20,210
40,336
70,574
61,548
57,967
58,883
Operating Profit
-117
1,349
1,877
2,082
517
-2,157
2,012
2,732
5,698
4,476
1,016
4,757
OPM %
0%
5%
7%
6%
1%
-6%
9%
6%
7%
7%
2%
7%
Other Income
25
56
62
52
67
45
127
26
13
47
84
135
Interest
405
353
274
322
421
415
376
413
331
224
245
120
Depreciation
229
274
279
340
453
468
466
504
573
606
607
610
PBT
-727
778
1,386
1,473
-290
-2,995
1,296
1,841
4,806
3,694
249
4,162
Tax %
-95%
2%
24%
37%
-29%
-31%
80%
27%
27%
26%
14%
25%
Net Profit
-33
762
1,051
927
-205
-2,056
257
1,352
3,532
2,745
214
3,103
EPS in Rs
-2.23
51.14
70.57
62.27
-13.79
-138
17.28
90.79
237
184
14.38
208
Div. Payout %
0%
8%
30%
30%
0%
0%
0%
2%
11%
30%
35%
30%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
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
10,960
Borrowings
5,399
4,567
5,501
4,491
6,668
8,698
9,167
9,238
4,260
2,786
3,117
1,964
Other Liabilities
3,959
3,430
2,681
5,851
4,013
2,818
3,487
5,298
5,345
6,768
5,785
6,961
Total Liabilities
11,101
10,465
11,623
14,339
14,138
12,875
14,265
17,523
16,079
18,375
17,109
20,035
Fixed Assets
4,102
4,119
3,883
5,914
6,977
7,034
7,142
6,967
7,637
7,506
7,325
7,182
CWIP
784
1,679
2,763
1,410
1,199
1,598
1,550
1,210
331
210
208
346
Investments
14
119
140
153
159
179
199
208
206
240
280
491
Other Assets
6,201
4,547
4,837
6,863
5,802
4,064
5,374
9,139
7,905
10,419
9,296
12,016
Total Assets
11,101
10,465
11,623
14,339
14,138
12,875
14,265
17,523
16,079
18,375
17,109
20,035
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1,083
2,292
609
2,757
-144
-620
452
1,026
5,749
2,694
1,352
2,945
Investing
-480
-1,142
-1,169
-969
-1,273
-963
-548
-676
-403
-589
-649
-930
Financing
-609
-1,152
561
-1,788
1,417
1,583
97
-343
-5,354
-2,106
-519
-1,294
Net Cash Flow
-6
-1
0
0
0
0
1
7
-7
-1
184
721
Free Cash Flow
596
1,129
-582
1,766
-1,452
-1,607
-116
326
5,331
2,092
667
2,045
CFO/OP
-931
172
48
150
-21
27
23
38
119
81
132
82
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
16
11
14
18
3
1
3
2
1
3
1
1
Inventory Days
35
50
48
60
45
23
87
71
32
48
42
53
Days Payable
29
39
25
56
23
15
36
30
16
26
20
25
Cash Conversion Cycle
22
22
37
22
26
9
54
43
17
24
23
29
Working Capital Days
-20
-22
-14
-26
-29
-54
-70
-22
5
9
-2
19
ROCE %
—
16%
21%
21%
1%
-26%
16%
20%
45%
35%
4%
35%

Shareholding Pattern

As of Mar 2026
Promoters 67.29%
Public 18.00%
FIIs 12.59%
DIIs 2.11%
Total 99.99%
  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
67.29%
FIIs
8.49%
11.37%
14.70%
15.86%
15.77%
16.17%
11.08%
10.58%
8.78%
8.80%
12.87%
12.59%
DIIs
1.97%
1.76%
1.24%
0.75%
0.79%
0.30%
1.81%
2.24%
2.48%
2.60%
1.02%
2.11%
Public
22.25%
19.59%
16.78%
16.11%
16.14%
16.25%
19.83%
19.89%
21.44%
21.31%
18.82%
18.00%
No. of Shareholders
98,284
1,01,030
99,496
1,06,619
1,17,204
1,42,073
1,85,505
2,06,734
2,01,668
1,77,682
1,64,969
1,54,303

Documents

Frequently Asked Questions about Chennai Petroleum Corporation Ltd

What does Chennai Petroleum Corporation Ltd do?
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]
Where is Chennai Petroleum Corporation Ltd (CHENNPETRO) listed?
Chennai Petroleum Corporation Ltd is listed on the Indian stock exchanges. It is listed on NSE: CHENNPETRO and BSE: 500110. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Chennai Petroleum Corporation Ltd belong to?
Chennai Petroleum Corporation Ltd operates in the Energy sector within the Petroleum Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the PE ratio of Chennai Petroleum Corporation Ltd?
The Price-to-Earnings (PE) ratio of Chennai Petroleum Corporation Ltd is 5.29. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Chennai Petroleum Corporation Ltd?
Over the past 52 weeks, Chennai Petroleum Corporation Ltd has traded between a low of ₹620.85 and a high of ₹1,249. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Chennai Petroleum Corporation Ltd?
Chennai Petroleum Corporation Ltd has a Return on Equity (ROE) of 31.12%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Chennai Petroleum Corporation Ltd on Tapetide?
On Tapetide, you can view Chennai Petroleum Corporation Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

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]

Website cpcl.co.in
CEO Mr. H. Shankar
Employees 1,413
Listed 2000-06-07
Face Value ₹ 10
Issued Size 14,89,11,400

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