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

With Chennai Petroleum Corporation Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.

Financial Ratios:

currentRatio 1.62300
forwardPE 0.00000
debtToEquity 17.68000
earningsGrowth 2.02500
revenueGrowth -0.02500
grossMargins 0.11551
operatingMargins 0.11215
trailingEps 208.41000
forwardEps 0.00000

CHENNPETRO's current ratio being 1.623 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that CHENNPETRO can meet its financial obligations with ease.
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.

Price projections:

Price projections for CHENNPETRO
Price projections for CHENNPETRO



Recommendation changes over time:

Recommendations trend for CHENNPETRO
Recommendations trend for CHENNPETRO


A recent buy bias from analysts toward Chennai Petroleum Corporation Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Chennai Petroleum Corporation Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.