Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Refining & Marketing

Chennai Petroleum Corporation Limited produces and supplies petroleum products in India. The company provides liquefied petroleum gas, motor spirit, superior kerosene oil, aviation turbine fuel, naphtha, bitumen, hexane, mineral turpentine oil, lube base stock, petrochemical feedstocks, paraffin wax, asphalt, JP 7 fuel equivalent, and pet-coke. It offers sulphur, isrosene, ISRO naphtha, light diesel oil, extracts, butene, micro crystalline wax, automotive high-speed and high flash diesel, bunker and non-bunker fuel oils, paving bitumen, and high viscosity index oils. In addition, the company offers linear alkyl benzene, methyl ethyl ketone, propylene glycol and polyols, poly iso-butylene, butene-2, and poly butene feed stocks. The company was formerly known as Madras Refineries Limited and changed its name to Chennai Petroleum Corporation Limited in June 2000. Chennai Petroleum Corporation Limited was incorporated in 1965 and is based in Chennai, India. Chennai Petroleum Corporation Limited operates as a subsidiary of Indian Oil Corporation Limited.

Revenue projections:

Revenue projections for CHENNPETRO
Revenue projections for CHENNPETRO

Investors are expected to be cautious with Chennai Petroleum Corporation Limited, as its revenues are projected to fall compared to last year. A decline in revenue often results in a negative impact on profitability, prompting concerns about the company's financial stability and making investors more conservative in their approach.

Financial Ratios:

currentRatio 1.623000
forwardPE 3.147251
debtToEquity 17.680000
earningsGrowth 2.025000
revenueGrowth -0.025000
grossMargins 0.115510
operatingMargins 0.112150
trailingEps 208.320000
forwardEps 351.100000

CHENNPETRO's current ratio being 1.623 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
Chennai Petroleum Corporation Limited's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making Chennai Petroleum Corporation Limited a stable and conservative investment.
CHENNPETRO's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that CHENNPETRO is likely to outperform its previous year's financial performance.

Price projections:

Price projections for CHENNPETRO
Price projections for CHENNPETRO

Chennai Petroleum Corporation Limited's current valuation relative to projections shows a lack of distinct risks or opportunities. This neutral stance may lead investors to take a more conservative approach, maintaining their current positions until new information becomes available.

Recommendation changes over time:

Recommendations trend for CHENNPETRO
Recommendations trend for CHENNPETRO


Chennai Petroleum Corporation Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view Chennai Petroleum Corporation Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.