Chennai Petroleum Corporation Ltd
Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.[1]
- Market Cap ₹ 8,476 Cr.
- Current Price ₹ 569
- High / Low ₹ 1,275 / 565
- Stock P/E 11.8
- Book Value ₹ 518
- Dividend Yield 9.66 %
- ROCE 35.1 %
- ROE 35.9 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.10 times its book value
- Stock is providing a good dividend yield of 9.66%.
- Company has delivered good profit growth of 72.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.0%
Cons
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Refineries Industry: Refineries
Part of BSE 250 SmallCap Index Nifty Smallcap 250 Nifty Smallcap 100 BSE Allcap BSE Energy
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|
41,899 | 25,716 | 27,522 | 32,370 | 41,113 | 36,973 | 22,222 | 43,068 | 76,271 | 66,024 | 64,277 | |
42,016 | 24,367 | 25,646 | 30,288 | 40,596 | 39,130 | 20,210 | 40,336 | 70,574 | 61,548 | 62,567 | |
Operating Profit | -117 | 1,349 | 1,877 | 2,082 | 517 | -2,157 | 2,012 | 2,732 | 5,698 | 4,476 | 1,710 |
OPM % | -0% | 5% | 7% | 6% | 1% | -6% | 9% | 6% | 7% | 7% | 3% |
25 | 56 | 62 | 52 | 67 | 45 | 127 | 26 | 13 | 47 | 64 | |
Interest | 405 | 353 | 274 | 322 | 421 | 415 | 376 | 413 | 331 | 224 | 200 |
Depreciation | 229 | 274 | 279 | 340 | 453 | 468 | 466 | 504 | 573 | 606 | 606 |
Profit before tax | -727 | 778 | 1,386 | 1,473 | -290 | -2,995 | 1,296 | 1,841 | 4,806 | 3,694 | 968 |
Tax % | -95% | 2% | 24% | 37% | -29% | -31% | 80% | 27% | 27% | 26% | |
-33 | 762 | 1,051 | 927 | -205 | -2,056 | 257 | 1,352 | 3,532 | 2,745 | 717 | |
EPS in Rs | -2.23 | 51.14 | 70.57 | 62.27 | -13.79 | -138.10 | 17.28 | 90.79 | 237.16 | 184.34 | 48.13 |
Dividend Payout % | 0% | 8% | 30% | 30% | 0% | 0% | 0% | 2% | 11% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 44% |
TTM: | -2% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 73% |
3 Years: | 120% |
TTM: | -75% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 33% |
3 Years: | 73% |
1 Year: | -5% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 52% |
Last Year: | 36% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 | 149 |
Reserves | 1,594 | 2,320 | 3,292 | 3,848 | 3,308 | 1,210 | 1,462 | 2,838 | 6,326 | 8,672 | 7,569 |
5,399 | 4,567 | 5,501 | 4,491 | 6,668 | 8,698 | 9,167 | 9,238 | 4,260 | 2,786 | 6,114 | |
3,959 | 3,430 | 2,681 | 5,851 | 4,013 | 2,818 | 3,487 | 5,298 | 5,345 | 6,768 | 3,882 | |
Total Liabilities | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,523 | 16,079 | 18,375 | 17,714 |
4,102 | 4,119 | 3,883 | 5,914 | 6,977 | 7,034 | 7,142 | 6,967 | 7,637 | 7,506 | 7,426 | |
CWIP | 784 | 1,679 | 2,763 | 1,410 | 1,199 | 1,598 | 1,550 | 1,210 | 331 | 210 | 219 |
Investments | 14 | 119 | 140 | 153 | 159 | 179 | 199 | 208 | 206 | 240 | 250 |
6,201 | 4,547 | 4,837 | 6,863 | 5,802 | 4,064 | 5,374 | 9,139 | 7,905 | 10,419 | 9,819 | |
Total Assets | 11,101 | 10,465 | 11,623 | 14,339 | 14,138 | 12,875 | 14,265 | 17,523 | 16,079 | 18,375 | 17,714 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
1,083 | 2,292 | 609 | 2,757 | -144 | -620 | 452 | 1,026 | 5,749 | 2,694 | |
-480 | -1,142 | -1,169 | -969 | -1,273 | -963 | -548 | -676 | -403 | -589 | |
-609 | -1,152 | 561 | -1,788 | 1,417 | 1,583 | 97 | -343 | -5,354 | -2,106 | |
Net Cash Flow | -6 | -1 | 0 | -0 | 0 | -0 | 1 | 7 | -7 | -1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 11 | 14 | 18 | 3 | 1 | 3 | 2 | 1 | 3 |
Inventory Days | 35 | 50 | 48 | 60 | 45 | 23 | 87 | 71 | 32 | 48 |
Days Payable | 29 | 39 | 25 | 56 | 23 | 15 | 36 | 30 | 16 | 26 |
Cash Conversion Cycle | 22 | 22 | 37 | 22 | 26 | 9 | 54 | 43 | 17 | 24 |
Working Capital Days | 10 | 14 | 29 | -3 | 14 | 2 | 31 | 36 | 15 | 23 |
ROCE % | 16% | 21% | 21% | 1% | -26% | 16% | 20% | 45% | 35% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Cessation
16 Nov - Cessation of Mr. Rungta and Mr. Shivanna as directors.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 13 Nov
-
Announcement under Regulation 30 (LODR)-Change in Directorate
2 Nov - Appointment of Shri Deepak Srivastava as Director on CPCL Board.
-
Rumour verification - Regulation 30(11)
29 Oct - CPCL clarifies no penalty imposed regarding oil spill.
-
Clarification sought from Chennai Petroleum Corporation Ltd
28 Oct - Exchange has sought Clarification from Chennai Petroleum Corporation Ltd with reference to the media report appearing on https://timesofindia.indiatimes.com dated October 26, 2024 (Link : https://timesofindia.indiatimes.com/city/chennai/ennore-oil-spill-rs-73-crore-penalty-imposed-on-chennai-petroleum-corporation-limited/articleshow/114606261.cms) …
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
-
Financial Year 2011
from bse
Concalls
-
Apr 2024TranscriptNotesPPTREC
-
May 2023TranscriptPPT
Product Offering
The main products of the Company are LPG, Motor Spirit, Superior Kerosene, Aviation Turbine Fuel, High Speed Diesel, Naphtha, Fuel Oil, Lube Base Stocks and Bitumen. These products are marketed by parent company IOCL. It also produced Speciality products like Paraffin Wax, Mineral Turpentine Oil (MTO), Hexane, Petrochemical feedstocks, Linear Alkyl Benzene Feedstock (LABFS), Petroleum Coke and Sulphur and they are marketed by the company itself. [1]