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 CHENNPETRO's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 1.173000
forwardPE 18.868195
debtToEquity 37.987000
earningsGrowth -0.252000
revenueGrowth -0.040000
grossMargins 0.049630
operatingMargins 0.036820
trailingEps 14.390000
forwardEps 0.000000

CHENNPETRO's current ratio of 1.173 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. CHENNPETRO's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
Chennai Petroleum Corporation Limited's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
CHENNPETRO's low growth in both earnings and revenue indicates potential profit shrinkage. This downward trend could be a sign of weakening financial health, signaling challenges for the company's future profitability.
Chennai Petroleum Corporation Limited's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.

Recommendation changes over time:

Recommendations trend for CHENNPETRO
Recommendations trend for CHENNPETRO


Recent analysis shows a strong buy bias for Chennai Petroleum Corporation Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Chennai Petroleum Corporation Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.