C

Chennai Petroleum Corporation Limited

CHENNPETRONSE
Market snapshot · 2026-08-10 23:29 UTC

1,240.10

₹-35.30 (-2.77%)

MARKET CAP

₹18.47K Cr

STOCK P/E

4.4x

52W HIGH

₹1,354.00

52W LOW

₹620.85

BOOK VALUE

₹746.01

EPS

₹280.33

ROE

SECTOR

Energy

DEBT/EQUITY

17.68

VOLUME

7.82L

P/B RATIO

1.66x

PEG RATIO

Sector

Energy

Themes

Oil & Gas - Refining & MarketingMiniratnaRefineries
D
Dividend
₹1,275.40₹1,107.08₹938.76₹770.43₹602.11VolumeDDAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Chennai Petroleum Corporation Limited is an Indian petroleum refining and marketing company. Its revenue base spans LPG, naphtha, gasoline, diesel, aviation turbine fuel, kerosene, and fuel oils. Lube products, bitumen, base stocks, waxes, sulphur, pet-coke, and petrochemical feedstocks add higher-value refinery outputs. The recent dividend announcement may improve shareholder returns, but does not directly establish margin expansion or volume growth. Profit growth surged 1,349.3% year-on-year, while revenue increased 7.2% and margins improved, indicating substantial earnings recovery. ROE is unavailable, while debt-to-equity of 17.68 implies extreme leverage and significant sensitivity of shareholder returns to financing costs. At 4.5 times earnings, the shares appear discounted versus typical market multiples, but the valuation reflects high balance-sheet risk and cyclical refining spreads. The key open question is whether improved profitability can persist without further leverage pressure.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for CHENNPETRO.

1.00 analysts

Price Forecast

Current
₹1,240
High Target
₹1,540
▲ +24.2%
Median Target
₹1,540
▲ +24.2%
Low Target
₹1,540
▲ +24.2%
Now₹1,240High ₹1,540Median ₹1,540Low ₹1,540Aug '25Now12M Target
Price history (1Y)
Analyst target range
1 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹972.72 - ₹1,79380%
6M₹912.66 - ₹2,16780%
12M₹865.32 - ₹2,94080%
Realized vol: +47.7% · Drift: +36.6%

Revenue Forecast

₹ Cr
Jun '26Current₹27,369.0
Sep 2026 ETrend estimate range
High₹23,723.1Base₹21,965.8Low₹20,208.5
Sep '25: ₹16,327.0 · Dec '25: ₹15,683.0 · Mar '26: ₹16,817.0 · Jun '26: ₹27,369.0 · Sep '26: ₹21,965.8 · Dec '26: ₹21,099.4
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E16,327.015,683.016,817.027,369.021,965.821,099.4
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹68.27
Sep 2026 ETrend estimate range
High₹82.54Base₹73.70Low₹64.85
Sep '25: ₹49.13 · Dec '25: ₹66.30 · Mar '26: ₹94.00 · Jun '26: ₹68.27 · Sep '26: ₹73.70 · Dec '26: ₹99.45
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E49.1366.3094.0068.2773.7099.45
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Supportive
79%
Analyst Consensus
Positive

From 1 analysts

Mean upside+24.2%

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 100.0.

Valuation

Premium valuation

Valuation institutional score is 14 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 96 using mean target upside 24.2%; dispersion penalty 0; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 82 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Positive catalysts emerging

Recent news flow is skewing constructive on impact and recency. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Supportive. fundamentals and analyst consensus provide support, while valuation remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Positive catalysts emerging

Key Data Points

Mean Target Price1,540 target
Mean Upside+24.2%
Technical Score82%
Fundamental Score100%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 64.3% above historical median. Valuation is stable — currently in the strongly overvalued zone (z-score: +2.41). Confidence: 50%.

Live forward EPS implies next-12-month EPS of ₹401.00. Applying the stock's normalized valuation corridor produces a fair range of ₹914.28 to ₹1,239.09, with base value near ₹1,078.69 (-13.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Above normalized range

Forward EPS

₹401.00

Forward P/E

3.1x

Base Fair Value

₹1,078.69

Fair Range

₹914.28 - ₹1,239.09

Upside To Base

-13.0%

Estimate Source

Live forward EPS

P/E
Strongly Overvalued

5Y Average

1.95

Current

4.42

Overvalued

3.09

Undervalued

2.28

EV/EBITDA
Strongly Overvalued

5Y Average

1.36

Current

3.07

Overvalued

1.56

Undervalued

1.15

P/B
Strongly Overvalued

5Y Average

1.42

Current

1.66

Overvalued

1.63

Undervalued

1.20

Peers & Comparison

Sector: Energy · Theme: Oil & Gas - Refining & Marketing

Oil & Gas - Refining & Marketing Peers2 peers
Avg P/E: 29.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
MRPL
MRPLOil & Gas - Refining & Marketing
+120.4%2.9%
9.1x
Undervalued
-69% vs avg
+32.7%
HINDUSTAN PETROLEUM CORP
HINDPETROOil & Gas - Refining & Marketing
+26.9%0.4%
50.0x
Premium
+69% vs avg
-4.2%
WHY THESE PEERS

CHENNAI PETROLEUM CORP LT trades at a discount (4.4x vs peer avg 29.6x), suggesting potential undervaluation relative to the Oil & Gas - Refining & Marketing cohort. Peers include MRPL, HINDUSTAN PETROLEUM CORP — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹27.37K CrJun 2026

Latest net profit

₹1.02K CrJun 2026

Latest EPS

₹68.27Jun 2026

Net margin

6.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%3.0%6.0%9.0%12.0%-9.50K Cr0.00 Cr9.50K Cr19.00K Cr28.50K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr7.00K Cr14.00K Cr21.00K Cr28.00K Cr₹-35₹0₹35₹70₹105
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr7.00K Cr14.00K Cr21.00K Cr28.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr5.00K Cr10.00K Cr15.00K Cr20.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +14,74516,54517,37617,72017,09512,08712,92517,24914,81216,32715,68316,81727,369
Expenses +13,79514,74016,69616,67816,43212,76112,68316,46414,71415,18314,20514,78125,814
Operating Profit9501,8046801,042663-675242785991,1441,4782,0361,555
OPM %6%11%3.9%6%3.9%-6%1.9%4.5%0.7%7%9%12%6%
Other Income +2523423412935292118
Interest57655051485279663734331652
Depreciation147157151151150153153150151152157150155
Profit before tax7471,588481844470-85714582-809941,3171,8901,366
Tax %27%25%25%27%27%-27%26%23%-29%26%25%26%26%
Net Profit +5481,191360612343-62910450-577329871,4001,017
EPS in Rs36.8279.9524.1741.1223.01-42.270.7030.22-3.8049.1366.3094.0068.27
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +67.29%67.29%67.29%67.29%67.29%
FIIs +8.78%8.80%12.87%12.59%14.98%
DIIs +2.48%2.60%1.02%2.11%1.01%
Public +21.44%21.31%18.82%18.00%16.71%
Others0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 06, 2026PDFCompany Reports Open

INTIMATION FOR RESCHEDULING OF 60TH ANNUAL GENERAL MEETING OF THE COMPANY ON 26TH AUGUST 2026 (WEDNESDAY) AT 12:00 NOON (IST)

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 02, 2026PDFCompany Reports Open

Reg. 34 (1) Annual Report.

Aug 01, 2026PDFCompany Reports Open

Business Responsibility and Sustainability Reporting (BRSR)

Aug 01, 2026PDFCompany Reports Open