Chennai Petroleum Corporation Ltd

About Chennai Petroleum Corporation Ltd

Chennai Petroleum Corporation Ltd (CPCL) is a leading Indian public sector undertaking and a subsidiary of IndianOil Corporation Limited. It is primarily engaged in crude oil refining to produce a wide range of petroleum products, serving as a key player in meeting the energy demands of South India.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Chennai Petroleum Corporation Ltd's P/E ratio (TTM) is 6.53, compared to the industry median of 16.79 and large cap median of 21.70.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Chennai Petroleum Corporation Ltd's P/B ratio is 1.80, compared to the industry median of 1.99 and large cap median of 2.36.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Chennai Petroleum Corporation Ltd's P/S ratio is 0.28, compared to the industry median of 0.96 and large cap median of 0.96.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Chennai Petroleum Corporation Ltd's PEG ratio is 0.17.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Chennai Petroleum Corporation Ltd's EV/EBITDA ratio is 3.50.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Chennai Petroleum Corporation Ltd's ROE is 27.93%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Chennai Petroleum Corporation Ltd's ROA is 23.74%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Chennai Petroleum Corporation Ltd's ROCE is 35%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Chennai Petroleum Corporation Ltd's operating margin is 7.47%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Chennai Petroleum Corporation Ltd's net margin is 4.88%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Chennai Petroleum Corporation Ltd's current ratio is 1.40.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Chennai Petroleum Corporation Ltd's debt-to-equity ratio is 0.03.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Chennai Petroleum Corporation Ltd's interest coverage ratio is 35.68.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Chennai Petroleum Corporation Ltd's DPS is ₹62.51.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Chennai Petroleum Corporation Ltd's EPS is 1348.96.

(Source line: "Ratios as of 13 Aug 2026, based on last traded price of ₹1341.80. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1965 (as Madras Refineries Limited)
• Headquarters: Chennai, Tamil Nadu
• Core Offerings: Crude Oil Refining, Motor Spirit (Petrol), High Speed Diesel (HSD), Liquefied Petroleum Gas (LPG), Lube base oils, Petrochemical feedstocks
• Stock Listing: NSE (CHENNPETRO), BSE (500110)
• Promoter: Government of India (through IndianOil Corporation Limited)

History of Chennai Petroleum Corporation Ltd

1965: Incorporated as Madras Refineries Limited (MRL), a joint venture between the Government of India, National Iranian Oil Company (NIOC), and Amoco India Inc. 1969: Commercial production commenced. 1985: Amoco's stake acquired by the Government of India (GOI). 1989: NIOC's stake partially acquired by GOI, making GOI the majority shareholder. 1994: Company became a Public Limited Company. 2000: Renamed Chennai Petroleum Corporation Limited (CPCL). 2003: Became a subsidiary of IndianOil Corporation Limited (IOCL). Present Day: Operates two refineries at Manali and Nagapattinam (under revamp/expansion), contributing significantly to India's refining capacity.

Business Segments and Revenue Mix

• Refining Operations: Operates two refineries: the Manali refinery near Chennai with a capacity of 10.5 MMTPA and a smaller refinery at Nagapattinam with 1.0 MMTPA capacity (currently undergoing a major revamp/expansion).
• Product Portfolio: Produces a diverse range of petroleum products including LPG, Naphtha, Motor Spirit (Petrol), High Speed Diesel (HSD), Kerosene, Aviation Turbine Fuel (ATF), Lube Base Oils, Fuel Oil, Bitumen, and petrochemical feedstocks.
• Infrastructure: Equipped with crude oil and product pipelines, extensive tankage facilities, and jetties for efficient crude oil receipt and product dispatch.

Key Personnel

Shrikant Madhav Vaidya (Chairman): Also serves as the Chairman of IndianOil Corporation Ltd., bringing extensive experience from the refining and petrochemical sectors. Arun Kumar Sharma (Managing Director): A seasoned professional with significant experience in refinery operations, project management, and strategic planning within the oil and gas industry.

Subsidiaries and Associate Companies

No major subsidiaries reported.

Corporate Actions

2023: Announced a Rights Issue of 57,60,49,150 Equity Shares aggregating to ₹2,500 Crores. Major expansion plans for the Cauvery Basin Refinery (CBR) at Nagapattinam with a capacity of 9 MMTPA through a joint venture with IOCL.

References

1. Chennai Petroleum Corporation Ltd. Annual Report FY2022-23
2. Exchange Filings (NSE/BSE)
3. Investor Relations section of www.cpcl.co.in
4. Financial News Portals (Moneycontrol, Screener.in)