Chennai Petroleum Corporation (CHENNPETRO) had a P/E of 3.8× on 6 Nov 2026, below the industry P/E of 14.3×, and the shares are 14% below their 52-week high. Its ROCE of 33% is the highest among the 7 largest Oil & Gas Refining & Marketing peers, and sales and net profit fell 6.0% and 4.2% a year over 3 years. Its dividend yield is 5.5%, and debt is 0.16× equity. It is a small-cap company with a market cap of ₹21,470 Cr, ranked 8th of 20 Oil & Gas Refining & Marketing companies by market cap; the shares rose 44% over the past year.
- ₹1,425.10
- ₹1,474.10
- ₹1,400.40
- ₹1,418.50
- 24.7 L
Health check
- ReturnsAhead
+44.3% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 3.8 vs industry 14.3.
- GrowthShrinking
Sales −6.0%, profit −4.2% a year over 3 years.
- ProfitabilityStrong
ROCE 33.4% vs peer median 20.5%.
- Balance sheetSolid
Debt 0.16× equity, interest covered 35.7×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹21,470 Cr
- Small cap
- P/E
- 3.8
- Industry 14.3
- Price to book
- 1.58
- Peers 1.81
- Dividend yield
- 5.48%
- ROE
- 50.9%
- Peers 17.3%
- ROCE
- 33.4%
- Peers 20.5%
- Debt to equity
- 0.16
- Debt ₹2,202 Cr
- EPS (TTM)
- ₹382.90
- Face value ₹10
- OPM (TTM)
- 9.5%
- Net margin 7.1%
- Sales growth
- +25.9%
- Latest quarter vs a year ago
- Profit growth
- +212.4%
- Latest quarter vs a year ago
- Price to sales
- 0.27
- EV/EBITDA 2.7
Strengths and risks
Strengths
- Return on equity of 50.9%.
- Return on capital employed of 33.4%.
- Dividend yield of 5.48%.
- Quarterly profit up 212.4% on a year ago.
- Quarterly sales up 25.9% on a year ago.
About Chennai Petroleum Corporation
Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. The company provides liquefied petroleum gas, naphtha, motor gasoline and spirit, kerosene, aviation turbine fuel, automotive high-speed and high flash diesel, light diesel oil, and bunker and non-bunker fuel oil. It also offers lube products, such as paving bitumen, lube oil base stocks, and extracts. In addition, the company provides paraffin wax, mineral turpentine…
- Headquarters
- Chennai
- Employees
- 1,403
- Sector
- Energy
- ISIN
- INE178A01016
- Website
- cpcl.co.in
Price range
- Avg volume (3M)
- 26.6 L
- 1-year return
- plus 44.3%
- From 52-week high
- minus 14.1%
Peers · Oil & Gas Refining & Marketing
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| RELIANCEReliance Industries | 1,320.00 | plus 0.50% | 17,86,286 | 21.8 | 10.7 | 9.0% | 11.2% | 0.44 | 6.4% | minus 10.8% |
| IOCIndian Oil Corporation | 146.25 | plus 1.21% | 2,06,523 | 4.3 | 3.8 | 20.5% | 7.3% | 0.58 | −2.2% | minus 14.6% |
| BPCLBharat Petroleum Corporation | 319.90 | plus 0.88% | 1,38,789 | 8.7 | 3.8 | 26.4% | 3.4% | 0.62 | −1.2% | minus 15.0% |
| HINDPETROHindustan Petroleum Corporation | 387.15 | plus 1.87% | 82,379 | 57.4 | 4.2 | 23.3% | 1.2% | 1.40 | 0.2% | minus 21.6% |
| PETRONETPetronet LNG | 317.00 | 0.00% | 47,550 | 10.3 | 7.1 | 21.2% | 16.0% | 0.09 | −9.7% | plus 13.0% |
| AEGISLOGAegis Logistics | 1,141.10 | minus 3.77% | 40,053 | 30.1 | 26.7 | 14.2% | 20.9% | 0.51 | −1.3% | plus 55.4% |
| MRPLMangalore Refinery & Petrochemicals | 175.67 | plus 1.12% | 30,788 | 7.0 | 6.1 | 19.0% | 6.3% | 0.60 | −6.7% | minus 1.2% |
| CHENNPETROChennai Petroleum Corporation | 1,441.80 | plus 1.64% | 21,470 | 3.8 | 4.4 | 33.4% | 9.5% | 0.16 | −6.0% | plus 44.3% |
| Median of 7 peers | – | 0.88% | 82,379 | 10.3 | 6.1 | 20.5% | 7.3% | 0.58 | −1.3% | −10.8% |
Quarterly results
| ₹ Cr | Jun 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 14,812 | 15,683 | 16,817 | 27,369 | 20,558 | |
| 14,865 | 14,363 | 14,931 | 25,969 | 17,517 | |
| −52.3 | 1,321 | 1,886 | 1,400 | 3,040 | |
| −0.4% | 8.4% | 11.2% | 5.1% | 14.8% | |
| 25.7 | 43.4 | 43 | 32.4 | 29.5 | |
| 37 | 32.7 | 16.4 | 52.1 | 62.3 | |
| −63.6 | 1,331 | 1,913 | 1,380 | 3,007 | |
| 36.9% | 24.8% | 25.7% | 25.3% | 25.3% | |
| −40.1 | 1,002 | 1,422 | 1,031 | 2,247 | |
| -2.69 | 67.26 | 95.48 | 69.26 | 150.90 |
Profit & loss
- Sales CAGR 3Y
- −6.0%
- Profit CAGR 3Y
- −4.2%
- EPS CAGR 3Y
- −4.2%
- ROE
- 50.9%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 76,628 | 66,320 | 59,269 | 63,551 | |
| – | minus 13.5% | minus 10.6% | +7.2% | |
| 70,409 | 61,769 | 58,201 | 58,481 | |
| 6,219 | 4,551 | 1,068 | 5,070 | |
| 8.1% | 6.9% | 1.8% | 8.0% | |
| −512 | −26 | 49.1 | −198 | |
| 330 | 223 | 245 | 120 | |
| 573 | 606 | 606 | 610 | |
| 2.1 | −2.5 | −17.8 | 21.1 | |
| 4,806 | 3,694 | 249 | 4,162 | |
| 26.5% | 25.7% | 13.9% | 25.5% | |
| 3,532 | 2,745 | 214 | 3,103 | |
| – | minus 22.3% | minus 92.2% | +1349.3% | |
| 237.16 | 184.34 | 14.38 | 208.36 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 149 | 149 | 149 | 149 | |
| 6,326 | 8,672 | 8,058 | 10,960 | |
| 4,260 | 2,786 | 3,117 | 1,964 | |
| 5,301 | 6,724 | 5,741 | 6,961 | |
| 16,036 | 18,331 | 17,065 | 20,035 | |
| 7,928 | 7,678 | 7,497 | 7,490 | |
| 331 | 210 | 208 | 352 | |
| 0.1 | 0.1 | 0.1 | 84.9 | |
| 52.4 | 120 | 324 | 1,169 | |
| 7,725 | 10,323 | 9,035 | 10,939 | |
| 16,036 | 18,331 | 17,065 | 20,035 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5,749 | 2,694 | 1,352 | 2,945 | |
| −403 | −589 | −649 | −930 | |
| −5,354 | −2,106 | −519 | −1,294 | |
| −7.1 | −1.1 | 184 | 721 | |
| −418 | −603 | −685 | −903 | |
| 5,331 | 2,092 | 667 | 2,042 | |
| −29.8 | −402 | −819 | −194 |
Shareholding pattern
- Promoters67.29%
- Public32.71%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 67.29% | 32.71% | 0.00 | |
| 30 Jun 2026 | 67.29% | 32.71% | 0.00 | |
| 31 Mar 2026 | 67.29% | 32.71% | 0.00 | |
| 31 Dec 2025 | 67.29% | 32.71% | – |
Major shareholders
Filings & events
News
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