Overall Fundamental outlook

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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 may react cautiously to news that CHENNPETRO's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.

Financial Ratios:

currentRatio 1.623000
forwardPE 3.588318
debtToEquity 17.680000
earningsGrowth 2.025000
revenueGrowth -0.025000
grossMargins 0.115510
operatingMargins 0.112150
trailingEps 208.390000
forwardEps 284.200000

With a current ratio of 1.623, CHENNPETRO has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that CHENNPETRO is in a strong position to meet its immediate financial obligations without difficulty.
CHENNPETRO's low Debt-to-Equity ratio shows the company avoids heavy reliance on debt. This balanced approach reduces financial risk, as it maintains a healthy equity position without excessive leverage, providing greater financial stability and flexibility.
Chennai Petroleum Corporation Limited's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in Chennai Petroleum Corporation Limited's earnings potential, suggesting stronger financial performance compared to the previous year.

Price projections:

Price projections for CHENNPETRO
Price projections for CHENNPETRO

Over time, price projections for CHENNPETRO have risen steadily, pointing to growing optimism among analysts about the company's future. This upward trend suggests a positive outlook for CHENNPETRO's continued growth.

Recommendation changes over time:

Recommendations trend for CHENNPETRO
Recommendations trend for CHENNPETRO


Analysts' buy bias for CHENNPETRO signals that the stock is considered a favorable investment. This outlook might prompt investors to allocate funds to CHENNPETRO, seeing it as a solid and profitable choice to park their money and potentially benefit from the company's long-term growth.