CHENNPETRO · Chennai Petroleum Corporation Ltd · Oil & Gas Operations
Last close, 30 Oct
9.9% below 52-week high
52-week range: as of 30 Oct 2026.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 30 Oct 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Chart
Fundamentals as of 15 Sep 2026 · the company's own latest record is 47 days old
Revenue (latest Q)
₹29,359 Cr
Revenue YoY
PAT YoY
+2671.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.1
P/S (TTM)
0.3
Sector P/E
12.7
Dividend yield
+3.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| CHENNPETRO (this stock) | 4.1 | 2.1 | +4.7% | +37.6% | 0.18 | +3.8% |
| Reliance Industries | 23.4 | 3.5 | +6.6% | +8.3% | 0.44 | +0.5% |
| Oil and Natural Gas Corporation | 6.8 | 0.9 | +6.2% | +11.7% | 0.47 | +5.7% |
| Oil India | 8.1 | 1.4 | +20.3% | +14.4% | 0.65 | +2.4% |
Promoter
stable
FII
rising 1q
MF
0.70% (-0.88pp)
falling 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumbusiness-standard.com· 23 Oct 2026, 01:56 pmTwo-fold jump in Q2 PAT, ₹25 dividend lift CPCL stock 5% in weak market
- loweconomictimes.indiatimes.com· 12 Oct 2026, 02:43 pmDolly Khanna portfolio: Ace investor sells 4 lakh shares of Chennai Petroleum in Q2, stock up 82% in one year
- loweconomictimes.indiatimes.com· 11 Oct 2026, 12:39 pmPM Modi inaugurates Rs 4,900 crore 15-km Chennai Metro Phase II stretch, rides along with CM Vijay
Concalls & investor presentations
AI-generatedKey takeaway: During the Q4 FY26 earnings conference call, management reported that Chennai Petroleum Corporation Limited (CPCL) achieved its highest ever crude throughput of 11.71 million metric tons (MMT) for the financial year, reflecting 112% of installed capacity. In Q4 alone, throughput was 2.93 MMT, or 111% of capacity. The company also noted record production levels for diesel and petrol, alongside significant improvements in operational metrics such as fuel loss and energy intensity. Financially, the gross refining margin (GRM) for FY26 was reported at $9.2 per barrel, with Q4 GRM at $13.75 per barrel, both exceeding Singapore benchmarks. Management highlighted a strong leverage position with a debt-equity ratio of 0.18 and announced a total dividend of INR 62 per share, the highest to date. Future capital expenditures were outlined, including projects aimed at enhancing operational efficiency and product offerings. Management emphasized a commitment to maintaining operational excellence despite external challenges.
Management highlighted strong operational and financial performance, indicating a commitment to continued excellence.
Sourced from an exchange-filed transcript, dated 28 Apr 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedChennai Petroleum Corporation Limited (CHENNPETRO) reported compliance with most corporate governance requirements but fell short of the minimum number of Independent Directors, including one Woman Independent Director, as mandated by the Companies Act, 2013 and SEBI regulations. The company appointed two new directors, Mr. S.G. Venkatesh and Mr. V.C. Asokan, and is awaiting government approval for additional independent directors. No material defaults, insolvency proceedings, or significant legal disputes were reported. The company’s financial statements included key audit matters related to inventory valuation and contingent liabilities, with a qualified opinion on a non-material joint venture. The company maintained adequate internal controls and had no whistleblower complaints during the year.
- The company lacks the required number of Independent Directors, including one Woman Independent Director, as per regulatory requirements.
- No defaults, insolvency proceedings, or significant legal disputes were reported during the year.
- Key audit matters included inventory valuation methods and contingent liabilities, with a qualified opinion on a non-material joint venture.
- The company maintained adequate internal financial controls and had no whistleblower complaints during the year.
Key takeaway: CHENNPETRO faces a corporate governance risk due to insufficient Independent Directors but shows no major financial or legal issues, with adequate internal controls in place.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The auditor of one of the Joint Ventures issued a qualified opinion noting that promoters found the project unviable, as indicated in Note 9 of the financial statements.
Regulatory Action
2 occurrencesRecent (last 12 months)
The company received notices from NSE and BSE regarding non-appointment of requisite number of Independent Directors, including One Woman Independent Director, and composition of NRC with less than 2/3rd Independent Directors for periods from 01.04.2025 to 13.05.2025 and from 29.03.2026 onwards, and composition of Audit Committee with two-thirds members not being Independent Directors from 29.03.2026 onwards during FY 2025-26, with imposition of monetary fine for such non-compliances.
Earlier (1-3 years ago)
The company received notices from NSE and BSE regarding non-appointment of requisite number of Independent Directors, including One Woman Independent Director/Woman Director, and non-compliance with the composition of various committees from 16.11.2024 till 27.03.2025.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has disclosed contingent liabilities in Note No. 33 B, relating to dues disputed with statutory authorities including Central Excise, Customs, Service Tax, Sales Tax, Goods and Services Tax, Income Tax and other statutes.
Earlier (1-3 years ago)
Contingent liabilities amounting to ₹720.28 Crore as of 31-Mar-25, including demands from tax authorities, pending litigation, and other claims.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has disclosed related party transactions with its Holding Company, Indian Oil Corporation Limited (IOCL), including sales, purchases, and various other transactions, as required by Ind-AS 24.
Earlier (1-3 years ago)
The company is seeking members' approval for material related party transactions (RPTs) with Cauvery Basin Refinery and Petrochemicals Limited (CBRPL), a joint venture company of CPCL, with an expected value of ₹1,500 crore during 2026-27.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has disputes over dues under various statutes, including Central Excise, Sales Tax/VAT, and GST, with amounts pending before authorities such as CESTAT and various commissioners, relating to financial years from 2005 to 2024.
Earlier (1-3 years ago)
Chennai Petroleum Corporation Limited has disputes over material statutory dues under various acts, including Central Excise, Sales Tax/VAT, and GST, with amounts in crores pending before authorities like CESTAT and High Court for multiple financial years.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.04% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).