Chennai Petroleum Corporation share price
NSE: CHENNPETROBSE: 500110Petroleum ProductsSmall Cap
Share price at the NSE close on 30 Oct 2026. Previous close ₹1,511.80.
30 Oct: open ₹1,497.80, high ₹1,533.00, low ₹1,474.00
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹22,508 Cr432nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 3.95
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 1.66
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 5.76%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 50.9%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 48.4%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Sep 2026.
- 0.16
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 11,45,25823.5% delivered
About Chennai Petroleum Corporation
Chennai Petroleum Corporation Limited (CPCL) refines crude oil into transport fuels, petrochemical feedstocks, specialty products, industrial fuels and defence fuels at its Manali refinery in Chennai.12 Its customers are its parent Indian Oil Corporation, petrochemical plants nearby and buyers of specialty products such as food-grade hexane, mineral turpentine oil and paraffin wax.3 It sells in India and exports surplus products such as diesel and naphtha through Indian Oil.4
It also sells petrol and diesel through its own retail outlets under the SOOPER brand.5 It was incorporated in 1965.6 In the year to Mar 2026 it was elevated to Navratna status, which gives a state-owned company more freedom to approve its own investments.7
CPCL is a government company under the Ministry of Petroleum and Natural Gas, and Indian Oil Corporation, its holding company, owns 51.89%.89 The chairman of Indian Oil also chairs its board, and Naftiran Inter Trade Company is a shareholder.810 It has no subsidiaries; it owns 50% of Indian Additives Limited, a joint venture with Chevron that makes lube additives, and 25% of Cauvery Basin Refinery and Petrochemicals Limited.111213
Chennai Petroleum Corporation key points
Results
- On a standalone basis, revenue from operations was ₹78,611 crore in the year to Mar 2026 and EBITDA (earnings before interest, tax, depreciation and amortisation) was ₹4,852 crore.1415
- Standalone profit after tax was ₹3,062 crore in the year to Mar 2026, against ₹174 crore a year earlier, and profit before tax was ₹4,122 crore, against ₹208 crore.16
- The gross refining margin (what the refinery earns per barrel of crude before operating costs) was US$9.28 per barrel in the year to Mar 2026, against US$4.22 a year earlier, and US$13.75 in the quarter to Mar 2026.1718
- The board recommended a final dividend of ₹54 per share for the year to Mar 2026, which with the ₹8 interim makes ₹62 per ₹10 share, the company's highest.19
Market position
- The company says CPCL is the only refinery in India with the capability to make liquid fuels, wax and lube products.20
- CPCL was the first Indian public sector refinery in the top quartile of the Solomon Energy Intensity Index, a global refinery benchmark, and ranks in the top quartile on 7 Solomon Associates indices.2122
Revenue mix
- Share of turnover by product2324
Item year to Mar 2026 Diesel 49.17% Petrol 12.64% Naphtha 11.45% Aviation turbine fuel 10.10% LPG 3.84% Bitumen 3.65% - About 92% of CPCL's products are marketed through Indian Oil; around 8%, mainly specialty products, petrochemical feedstocks and industrial fuels, are sold directly.25
- On its earnings call of 24 Apr 2026, the company said niche products, about 7% to 8% of its products, contribute around 15% of its margins.20
- Sales to Indian Oil run under a long-term agreement at the refinery transfer price, the price at which refiners sell to oil marketing companies.2627
Plants and capacity
- The Manali refinery has a crude refining capacity of 235,000 barrels a day, 3 crude units and a Nelson Complexity Index of 10.8 (a measure of a refinery's upgrading equipment beyond basic distillation).2818
- In the year to Mar 2026 the Manali refinery processed a record 11.71 million tonnes of crude, 112% of its capacity.16
- The Manali refinery's distillate yield (the share of crude turned into fuels such as LPG, petrol, jet fuel and diesel) was a record 79.1% in the year to Mar 2026; fuel and loss (crude burned or lost in processing) was a record low 7.73%.14
Crude sourcing
- On its earnings call of 24 Apr 2026, the company said 55% to 60% of its crude comes under 1-year term contracts, almost all with Middle East suppliers, and the rest from short-term purchases.293031
- The company gave its usual crude mix by origin as around 10% Indian, including Bombay High, 25% to 30% Russian, 5% to 10% African and US, and the rest mostly Middle East.32
- In the year to Mar 2026 the refinery processed 6 new crude grades, from the US, Qatar, Sudan, Libya, Ghana and Gabon; it can handle more than 150 crude varieties.2233
- High-sulphur crude made up 52% of what the refinery processed in the year to Mar 2026; the company says it can take up to 70%.3435
Expansion and capital spending
- The company stated in its annual report for the year to Mar 2026 that it is building a ₹1,620 crore Group II/III lube oil base stocks project (higher-grade base oils for lubricants) at Manali, with a capacity of 256 kilotonnes a year (TMTPA).36
- On its earnings call of 24 Apr 2026, the company put its retail outlet project at ₹400 crore; the Ministry of Petroleum and Natural Gas has authorised CPCL to set up 300 retail outlets.2537
- On its earnings call of 24 Apr 2026, the company said that besides the lube oil and retail outlet projects, it expects about ₹500 crore a year of normal capital spending.38
- The company stated in its annual report for the year to Mar 2026 that it has started studies on raising refinery capacity by 25% and entering petrochemicals, and on converting its visbreaker (a heavy-residue cracking unit) into 1.0 million tonnes a year of crude distillation.39
Debt and credit ratings
- Debt to equity on gross borrowings was 0.18 at the end of March 2026, against 0.39 a year earlier, and net borrowings were ₹973 crore.19
- On 14 Sep 2026, ICRA reaffirmed its A1+ rating, the highest for short-term debt, on CPCL's commercial paper.40
- On 7 Nov 2025, Crisil Ratings reaffirmed its AAA/Stable rating, the highest for long-term debt, on CPCL's bank facilities and A1+ on its commercial paper.41
Last updated
All 42 sources, each with its page
- 1. Annual report, 1 Aug 2026, page 8
- 2. Annual report, 1 Aug 2026, page 21
- 3. Annual report, 1 Aug 2026, page 211
- 4. Annual report, 1 Aug 2026, page 211
- 5. Annual report, 1 Aug 2026, page 10
- 6. Annual report, 1 Aug 2026, page 210
- 7. Annual report, 1 Aug 2026, page 3
- 8. Annual report, 1 Aug 2026, page 120
- 9. Annual report, 1 Aug 2026, page 212
- 10. Annual report, 1 Aug 2026, page 142
- 11. Annual report, 1 Aug 2026, page 132
- 12. Annual report, 1 Aug 2026, page 170
- 13. Annual report, 1 Aug 2026, page 212
- 14. Annual report, 1 Aug 2026, page 63
- 15. Annual report, 1 Aug 2026, page 32
- 16. Annual report, 1 Aug 2026, page 146
- 17. Earnings call, 24 Apr 2026, page 19
- 18. Earnings call, 24 Apr 2026, page 4
- 19. Earnings call, 24 Apr 2026, page 5
- 20. Earnings call, 24 Apr 2026, page 15
- 21. Annual report, 1 Aug 2026, page 26
- 22. Annual report, 1 Aug 2026, page 69
- 23. Annual report, 1 Aug 2026, page 210
- 24. Annual report, 1 Aug 2026, page 210
- 25. Annual report, 1 Aug 2026, page 72
- 26. Earnings call, 24 Apr 2026, page 8
- 27. Earnings call, 24 Apr 2026, page 18
- 28. Annual report, 1 Aug 2026, page 10
- 29. Earnings call, 24 Apr 2026, page 4
- 30. Earnings call, 24 Apr 2026, page 13
- 31. Earnings call, 24 Apr 2026, page 16
- 32. Earnings call, 24 Apr 2026, page 10
- 33. Annual report, 1 Aug 2026, page 148
- 34. Earnings call, 24 Apr 2026, page 4
- 35. Earnings call, 24 Apr 2026, page 9
- 36. Annual report, 1 Aug 2026, page 200
- 37. Earnings call, 24 Apr 2026, page 7
- 38. Earnings call, 24 Apr 2026, page 7
- 39. Annual report, 1 Aug 2026, page 154
- 40. Exchange filing, 14 Sep 2026, page 1
- 41. Exchange filing, 7 Nov 2025, page 1
- 42. Annual report, 1 Aug 2026, page 150
Results
Consolidated; ₹ crore.Chennai Petroleum Corporation quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +21.8%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +387.4%
Quarter to Sep 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹22,055 Crdown 24.88%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹2,247 Crup 117.87%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 10.2%
Revenue by quarter
Net profit by quarter, a loss in red
- Net profit
- Loss
| ₹ crore | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15,683what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹2,758 crore, a tax on the goods the company makes that it collects and pays to the government. | 20,581what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹3,332 crore, a tax on the goods the company makes that it collects and pays to the government. | 18,683what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹3,871 crore, a tax on the goods the company makes that it collects and pays to the government. | 20,034what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹3,706 crore, a tax on the goods the company makes that it collects and pays to the government. | 19,438what Revenue, Dec 2025, includes. This period's revenue includes excise duty of ₹3,755 crore, a tax on the goods the company makes that it collects and pays to the government. | 20,455what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹3,638 crore, a tax on the goods the company makes that it collects and pays to the government. | 29,359what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹1,989 crore, a tax on the goods the company makes that it collects and pays to the government. | 22,055what Revenue, Sep 2026, includes. This period's revenue includes excise duty of ₹1,498 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 21 | 470 | −40 | 719 | 1,002 | 1,422 | 1,031 | 2,247 |
| Net margin | 0.1% | 2.3% | −0.2% | 3.6% | 5.2% | 7.0% | 3.5% | 10.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹78,611 Crup 10.64%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹3,103 Crup 1,349.25%
- Net margin
- 3.9%
Revenue by year
Net profit by year, a loss in red
- Net profit
- Loss
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40,607 | 44,189 | 52,201what Revenue, Mar 2019, includes. This period's revenue includes excise duty of ₹10,863 crore, a tax on the goods the company makes that it collects and pays to the government. | 48,650what Revenue, Mar 2020, includes. This period's revenue includes excise duty of ₹11,533 crore, a tax on the goods the company makes that it collects and pays to the government. | 41,899what Revenue, Mar 2021, includes. This period's revenue includes excise duty of ₹19,454 crore, a tax on the goods the company makes that it collects and pays to the government. | 60,474what Revenue, Mar 2022, includes. This period's revenue includes excise duty of ₹17,099 crore, a tax on the goods the company makes that it collects and pays to the government. | 90,908 | 79,273what Revenue, Mar 2024, includes. This period's revenue includes excise duty of ₹12,887 crore, a tax on the goods the company makes that it collects and pays to the government. | 71,050what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹11,694 crore, a tax on the goods the company makes that it collects and pays to the government. | 78,611what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹14,971 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 1,051 | 927 | −205 | −2,056 | 257 | 1,352 | 3,532 | 2,745 | 214 | 3,103 |
| Net margin | 2.6% | 2.1% | −0.4% | −4.2% | 0.6% | 2.2% | 3.9% | 3.5% | 0.3% | 3.9% |
Business segments
In the year to Mar 2026 the company reports one business segment, PETROLEUM, which carries all its revenue.
Valuation
Today, against the company's own history.Chennai Petroleum Corporation PE ratio and valuation
At or below today's level on 26% of 1,800 trading days over the last 10 years.
At or below today's level on 90% of 1,984 trading days since Oct 2018.
At or below today's level on 75% of 2,470 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +63.7% | +1,349.0% | −89.1% | 6.4% |
| 3 years | +64.1% | −4.2% | +66.7% | 4.4% |
| 5 years | +62.6% | +64.5% | −4.3% | 5.2% |
Mutual fund holdings
63 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 49 of the 53 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.All 63 funds holding Chennai Petroleum Corporation
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 3
- AddedAdded. Funds that held more shares than at the end of the month before.
- 16
- CutCut. Funds that held fewer shares than at the end of the month before.
- 37
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 6
| Fund | |||
|---|---|---|---|
| 2,08,147 | 0.37% | ₹29.9 Cr | |
| 1,50,000 | 0.43% | ₹21.5 Cr | |
| 1,05,500 | 2.79% | ₹15.2 Cr | |
| 74,377 | 0.31% | ₹10.7 Cr | |
| 61,320 | 1.14% | ₹8.81 Cr | |
| 58,369 | 0.31% | ₹8.38 Cr | |
| 47,094 | 0.73% | ₹6.76 Cr | |
| 40,000 | 0.97% | ₹5.75 Cr | |
| 37,784 | 0.31% | ₹5.43 Cr | |
| 30,390 | 0.97% | ₹4.36 Cr |
Promoter and insider buying and selling
Trades made since 31 Oct 2025.Chennai Petroleum Corporation insider trading
No promoter, director, key manager or employee bought or sold on the market.
- Others: no market trade · 7 pledge filings of unclear kind
Chennai Petroleum Corporation competitors and peers
Refineries & Marketing, 13 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to Chennai Petroleum Corporation in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.Oil and gas companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 15,76,405 | 19.20 | 1.67 | +19.4% | −1.2% | 9.0% | 8.9% | 0.52% | |
| 1,23,604 | 7.82 | 1.22 | +16.5% | −25.6% | 16.2% | 12.1% | 6.14% | |
| 72,463 | 50.42 | 1.38 | +13.8% | −89.7% | 2.6% | 1.0% | 7.12% | |
| 30,346 | 6.87 | 1.78 | +35.2% | +327.4% | 29.1% | 28.8% | 4.04% | |
| 463 | 6.96 | 3.96 | – | +298.7% | 87.1% | 21.1% | 0.00% | |
| 437 | 19.61 | 2.37 | – | – | 13.3% | – | 1.18% | |
| 137 | 13.04 | 2.75 | +81.3% | +77.7% | 23.2% | – | 0.00% | |
| 97 | 9.50 | 1.43 | – | – | 15.0% | – | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Chennai Petroleum Corporation dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 30 Oct 2026 | Interim | ₹25.00 |
| 7 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹54.00 |
| 2 Apr 2026 | Interim | ₹8.00 |
| 1 Aug 2025 | Final | ₹5.00 |
| 19 Jul 2024 | Final | ₹55.00 |
| 4 Aug 2023 | Final | ₹27.00 |
Latest announcements
Routine notices left out.Chennai Petroleum Corporation announcements
Oct 2026
22 Oct · Results
Chennai Petroleum Corporation annual report, year to Mar 2026
Chennai Petroleum Corporation share price by year
Each calendar year to 2025.Chennai Petroleum Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 836.20 | +33.6% | 1,096.55 | 451.60 |
| 2024 | 625.80 | −10.1% | 1,220.00 | 569.15 |
| 2023 | 696.00 | +236.6% | 711.35 | 206.85 |
| 2022 | 206.80 | +101.5% | 379.80 | 95.20 |
| 2021 | 102.65 | −3.8% | 147.00 | 90.75 |
| 2020 | 106.65 | −13.7% | 152.45 | 47.95 |
| 2019 | 123.55 | −58.3% | 290.55 | 109.45 |
| 2018 | 296.50 | −30.8% | 460.80 | 225.95 |
| 2017 | 428.60 | +56.5% | 470.65 | 282.85 |
| 2016 | 273.90 | +36.6% | 305.35 | 144.65 |
Recent sessions
The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 29 Oct 2026 | 1,522.70 | 1,531.20 | 1,493.10 | 1,511.80 | 1,507.60 | 11,22,874 | 31.0% |
| 28 Oct 2026 | 1,560.40 | 1,567.10 | 1,499.00 | 1,521.40 | 1,520.65 | 15,34,079 | 27.2% |
| 27 Oct 2026 | 1,526.80 | 1,582.00 | 1,516.00 | 1,573.80 | 1,556.88 | 21,61,543 | 21.3% |
| 26 Oct 2026 | 1,472.00 | 1,574.20 | 1,443.50 | 1,521.40 | 1,523.83 | 39,64,459 | 13.1% |
| 23 Oct 2026 | 1,462.00 | 1,529.90 | 1,423.00 | 1,475.60 | 1,486.31 | 64,08,882 | 13.3% |
| 22 Oct 2026 | 1,438.40 | 1,480.00 | 1,377.30 | 1,453.70 | 1,431.98 | 48,58,384 | 15.7% |
| 21 Oct 2026 | 1,444.50 | 1,464.90 | 1,397.10 | 1,438.40 | 1,430.00 | 13,11,195 | 19.6% |
| 19 Oct 2026 | 1,415.10 | 1,458.80 | 1,411.00 | 1,432.40 | 1,439.22 | 21,09,928 | 18.5% |
| 16 Oct 2026 | 1,444.60 | 1,448.30 | 1,391.80 | 1,406.60 | 1,408.67 | 14,48,843 | 30.3% |
Company details
- NSE symbol
- CHENNPETRO
- BSE code
- 500110
- ISIN
- INE178A01016
- Industry
- Petroleum Products
- Former symbols
- MADRASREFN
- Website
- www.cpcl.co.in
- CIN
- L40101TN1965GOI005389
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1965
- Registered office
- 536, Anna Salai, Teynampet, Chennai 600018, Tamil Nadu
- Share registrar
- KFin Technologies Ltd
- Keeps the register of shareholders and handles transfers and dividend payments