Chennai Petroleum Corporation Limited (CHENNPETRO)

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Chennai Petroleum Corporation Limited (CHENNPETRO) · mywealthgrid

About

Chennai Petroleum operates refineries and petroleum product marketing in India's energy sector. With market cap ₹19,683 Cr and quarterly revenues ranging ₹19,438–₹29,359 Cr, it is a domestic refiner of mid-scale significance. The company shows strong capital efficiency with ROE of 32.13% and low leverage at D/E 0.18.

Founded: 1965
Face value: ₹10

Market cap

₹20,048 Cr

P/E

4.8×

P/B

1.8×

Dividend yield

4.6%

ROE

32.1%

ROCE

37.7%

Debt / equity

0.18

OPM

6.1%

EPS (TTM)

₹280.3

Book value

₹746.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin fell 470bp from 9.95% (Mar 2026) to 5.3% (Jun 2026); verify whether this reflects temporary commodity pressure or deteriorating competitiveness.

Net profit swung from ₹1,399.7 Cr (Mar) to ₹731.55 Cr (Sep), creating earnings volatility that makes forecasts unreliable.

Refining spreads are globally determined; verify hedging programs and whether margin risk is adequately mitigated.

PE ratio of 4.72 is exceptionally low; verify what structural or competitive concerns market is pricing in beyond near-term margin weakness.

Generated analysis · source review pending

Growth drivers

Operating margin reached 9.95% (Mar 2026) with net profit of ₹1,399.7 Cr; recovery to those levels would significantly enhance quarterly profitability.

Revenue ranged from ₹20,033.62 Cr (Sep 2025) to ₹29,358.75 Cr (Jun 2026); verify whether sustained higher throughput can be maintained and what capacity limits exist.

ROE of 32.13% shows capital-efficient operations, and D/E of 0.18 provides financial headroom; verify management's capex plans for capacity growth or modernization.

Consistent dividend payouts signal reliable cash generation; verify management's capital allocation priorities and whether reinvestment in capacity is planned.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,346.4-6.3%1Y

Quick read

rule-based

Pros

+Strong return on equity of 23.5% (3-yr avg)
+High return on capital employed of 26.6%
+Profit CAGR of 64.5% over the last 5 years
+Comfortable interest coverage of 35.1×
+Dividend yield of 4.6%
+High promoter holding of 67.3% with no pledge

Cons

−Thin operating margin of 6.1%

Research score

Structured signal from quality, growth, valuation and momentum.

70/100

Business quality: 79
Growth: 33

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 100 NIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Reliance IndustriesRELIANCERELIANCE	₹15,80,190 Cr	₹19,54,611 Cr	₹11,38,865 Cr	₹1,83,561 Cr	16.6%	₹74,727 Cr	8.9%	9.6%	9.2%	24
Indian Oil Corporation LimitedIOCIOC	₹1,85,468 Cr	₹3,17,290 Cr	₹9,61,537 Cr	₹67,856 Cr	8.6%	₹33,652 Cr	4.9%	21.1%	20.7%	40
Bharat Petroleum Corporation LimitedBPCLBPCL	₹1,30,415 Cr	₹1,73,897 Cr	₹5,52,733 Cr	₹27,469 Cr	7.9%	₹17,132 Cr	4.9%	27.1%	28.5%	14
Hindustan Petroleum Corporation LimitedHINDPETROHINDPETRO	₹73,409 Cr	₹1,24,308 Cr	₹5,03,898 Cr	₹6,938 Cr	6.4%	₹1,671 Cr	3.8%	23.9%	30.9%	14
Mangalore Refinery And Petrochemicals LimitedMRPLMRPL	₹28,876 Cr	₹43,210 Cr	₹1,25,775 Cr	₹7,374 Cr	5.9%	₹3,137 Cr	1.8%	20.6%	14.2%	37
Chennai Petroleum Corporation LimitedCHENNPETROCHENNPETRO	₹20,048 Cr	₹21,999 Cr	₹89,286 Cr	₹6,213 Cr	6.1%	₹4,174 Cr	4%	37.7%	32.1%	29
Sanmit Infra LtdSANINFRASANINFRA	₹766 Cr	₹780 Cr	₹104 Cr	₹6 Cr	5.4%	₹2 Cr	1.9%	8.3%	5.3%	153
Rajasthan Securities LtdRAJSECRAJSEC	₹455 Cr	₹455 Cr	₹0 Cr	₹0 Cr	55%	₹7 Cr	132.3%	136.9%	106%	121
Resgen LtdRESGENRESGEN	₹92 Cr	—	₹71 Cr	₹14 Cr	19.1%	₹9 Cr	12.3%	—	—	—
Continental Petroleums LtdCONTPTRCONTPTR	₹58 Cr	₹75 Cr	₹113 Cr	₹7 Cr	5.9%	₹4 Cr	4.1%	11.5%	6.3%	200
Real Eco-Energy LtdREALECOREALECO	₹45 Cr	₹63 Cr	₹0 Cr	₹0 Cr	15.7%	₹0 Cr	16.1%	2.2%	6.1%	775
Kotyark Industries LimitedKOTYARKKOTYARK	₹29 Cr	₹94 Cr	₹315 Cr	₹48 Cr	15.2%	₹19 Cr	6.2%	17.3%	10.4%	247

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	40,607	44,189	52,201	48,650	41,899	60,474	90,908	79,273	71,050	78,611
COGS	24,415	29,714	39,198	37,680	19,013	38,866	68,543	60,053	56,410	56,289
Gross profit	16,192	14,475	13,003	10,970	22,887	21,609	22,365	19,220	14,640	22,322
	14,317	12,395	12,474	13,102	20,849	18,869	16,662	14,708	13,565	17,495
	1,875	2,080	529	-2,132	2,038	2,739	5,703	4,512	1,075	4,827
OPM %	4.6%	4.7%	1%	-4.4%	4.9%	4.5%	6.3%	5.7%	1.5%	6.1%
Depreciation	278	339	453	523	467	504	573	606	607	610
Interest	273	321	420	413	375	412	330	223	245	120
	34	33	53	73	101	18	7	10	25	65
Profit before tax	—	—	-290	-2,995	1,296	1,841	4,806	3,694	249	4,162
Tax	—	—	-85	-938	1,039	489	1,275	949	35	1,060
Tax %	—	—	-29.2%	-31.3%	80.2%	26.6%	26.5%	25.7%	13.9%	25.5%
	927	927	-205	-2,056	257	1,352	3,532	2,745	214	3,103
PAT margin %	2.3%	2.1%	-0.4%	-4.2%	0.6%	2.2%	3.9%	3.5%	0.3%	4%
EPS (₹)	70.6	62.3	-13.8	-138.1	17.3	90.8	237.2	184.3	14.4	208.4
EPS adjusted (₹)	—	—	—	—	17.3	90.8	237.2	184.3	14.4	208.4
	29.8%	29.7%	—	—	0%	2.2%	11.4%	29.8%	34.8%	25.9%
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	149	149	149	149	149	149
Reserves	1,462	2,838	6,326	8,672	8,058	10,960
	9,167	9,238	4,235	2,762	3,100	1,951
	3,447	5,371	5,326	6,749	5,758	6,974
Total equity & liabilities	14,225	17,596	16,036	18,331	17,065	20,035
	7,142	6,967	7,637	7,506	7,325	7,172
CWIP	1,309	1,210	331	210	208	346
Investments	199	209	206	0	0	417
	5,576	9,211	7,862	10,615	9,532	12,101
Total assets	14,225	17,596	16,036	18,331	17,065	20,035

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	24.9%	22.5%	54.6%	35.7%	24.6%	24.2%	20.6%	28.4%
EBITDA margin %	1%	-4.4%	4.8%	4.5%	6.3%	5.7%	1.4%	6.1%
EBIT margin %	0.1%	-5.5%	3.7%	3.7%	5.6%	4.9%	0.6%	5.3%
PAT margin %	-0.4%	-4.2%	0.6%	2.2%	3.9%	3.5%	0.3%	4%
Working capital
Receivable days	—	—	2	2	1	2	1	1
Inventory days	—	—	87	71	32	48	42	53
Payable days	—	—	36	30	16	26	20	25
NWC days	—	—	52	42	17	24	23	29
Leverage
Current ratio	—	—	0.54	0.72	1.03	1.24	1.01	1.43
Debt to EBITDA	—	—	4.56	3.39	0.74	0.62	3.05	0.41
Debt to equity	—	—	5.69	3.09	0.65	0.31	0.38	0.18
Interest coverage	0.3	-6.3	4.4	5.4	15.5	17.4	1.8	35.1
Asset turnover	—	—	2.95	3.44	5.67	4.32	4.16	3.92
Return ratios
Return on assets %	—	—	1.8%	7.7%	22%	15%	1.3%	15.5%
Return on capital employed %	—	—	33.8%	40.9%	66%	37.8%	4.2%	37.7%
Return on equity %	—	—	16%	45.3%	54.5%	31.1%	2.6%	27.9%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%	67.29%
	11.37%	14.69%	15.86%	15.78%	16.17%	11.08%	10.58%	8.79%	8.8%	12.87%	12.59%	14.99%
	1.76%	1.25%	0.75%	0.8%	0.3%	1.81%	2.24%	2.48%	2.6%	1.02%	2.11%	1.01%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	19.58%	16.77%	16.1%	16.13%	16.24%	19.82%	19.89%	21.44%	21.31%	18.82%	18.01%	16.71%
No. of shareholders	—	—	—	—	—	—	—	—	1,77,682	1,64,969	1,54,303	1,49,620

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 10 fund houses

Held by these funds

0.42%

of the company's equity

All mutual funds

0.7%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

34 schemes · 10 fund houses

		Shares
Energy Opportunities Fund	ICICI Prudential Mutual Fund	2.08 L	28.46	0.34%	0.14%	-50,000
ACTIVE MOMENTUM FUND	Samco Mutual Fund	80,432	11	1.46%	0.054%	+8,347
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	76,667	10.48	0.3%	0.051%	+938
Energy Opportunities Fund	Baroda BNP Paribas Mutual Fund	40,000	5.47	0.87%	0.027%	-0
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	38,963	5.33	0.3%	0.026%	+436
PSU EQUITY FUND	ICICI Prudential Mutual Fund	32,007	4.38	0.24%	0.021%	-19,500
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	28,245	3.86	0.3%	0.019%	+257
Nifty Oil & Gas ETF	ICICI Prudential Mutual Fund	23,956	3.28	1.08%	0.016%	+6

1–8 of 34

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

1 announcementsExport CSV

14 Sept 2026, 6:31 pmCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	24.9%	22.5%	54.6%	35.7%	24.6%	24.2%	20.6%	28.4%
EBITDA margin %	1%	-4.4%	4.8%	4.5%	6.3%	5.7%	1.4%	6.1%
EBIT margin %	0.1%	-5.5%	3.7%	3.7%	5.6%	4.9%	0.6%	5.3%
PAT margin %	-0.4%	-4.2%	0.6%	2.2%	3.9%	3.5%	0.3%	4%
Working capital
Receivable days	—	—	2	2	1	2	1	1
Inventory days	—	—	87	71	32	48	42	53
Payable days	—	—	36	30	16	26	20	25
NWC days	—	—	52	42	17	24	23	29
Leverage
Current ratio	—	—	0.54	0.72	1.03	1.24	1.01	1.43
Debt to EBITDA	—	—	4.56	3.39	0.74	0.62	3.05	0.41
Debt to equity	—	—	5.69	3.09	0.65	0.31	0.38	0.18
Interest coverage	0.3	-6.3	4.4	5.4	15.5	17.4	1.8	35.1
Asset turnover	—	—	2.95	3.44	5.67	4.32	4.16	3.92
Return ratios
Return on assets %	—	—	1.8%	7.7%	22%	15%	1.3%	15.5%
Return on capital employed %	—	—	33.8%	40.9%	66%	37.8%	4.2%	37.7%
Return on equity %	—	—	16%	45.3%	54.5%	31.1%	2.6%	27.9%

84 deals · 19 Apr 2022 – 31 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
31 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	14,13,522	₹946.26	₹133.76 Cr
31 Oct 2025	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	12,52,324	₹942.78	₹118.07 Cr
31 Oct 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	10,49,477	₹929.76	₹97.58 Cr
31 Oct 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	10,49,099	₹930.57	₹97.63 Cr
31 Oct 2025	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	10,16,315	₹950.40	₹96.59 Cr
31 Oct 2025	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	10,16,174	₹950.93	₹96.63 Cr
31 Oct 2025	MATHISYS ADVISORS LLP	Bulk	NSE	Sell	8,41,143	₹945.02	₹79.49 Cr
31 Oct 2025	MATHISYS ADVISORS LLP	Bulk	NSE	Buy	8,40,843	₹944.90	₹79.45 Cr
31 Oct 2025	QE SECURITIES LLP	Bulk	NSE	Sell	7,80,997	₹947.47	₹74.00 Cr
31 Oct 2025	QE SECURITIES LLP	Bulk	NSE	Buy	7,61,507	₹939.25	₹71.52 Cr

1–10 of 84

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
14 Sept 2026, 6:31 pm	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating	PDF

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	609	2,757	-144	-620	452	1,026	6,786	2,694	1,352	2,945
	-1,169	-969	-1,273	-963	-548	-676	-417	-589	-649	-930
	561	-1,788	1,417	1,583	97	-343	-6,361	-2,106	-519	-1,294
Net cash flow	0	-0	0	-0	1	7	8	-1	184	721
Free cash flow	-582	1,766	-1,452	-1,607	-117	326	6,368	2,092	667	2,042
CFO / Operating profit %	32.5%	132.5%	-27.9%	—	22.5%	37.7%	119.1%	60.2%	133.1%	61.9%

Chennai Petroleum Corporation Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

15

1

Compounded sales growth

Compounded profit growth

Return on equity

Chennai Petroleum Corporation Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

Announcements

Quarterly record

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends15

Board meetings1

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

15

1