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

Chennai Petroleum Corporation Limited's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 1.173000
forwardPE 20.603151
debtToEquity 37.987000
earningsGrowth -0.252000
revenueGrowth -0.040000
grossMargins 0.049630
operatingMargins 0.036820
trailingEps 14.370000
forwardEps 0.000000

A current ratio of 1.173 for CHENNPETRO implies that the company has ample liquidity to meet its short-term debts. CHENNPETRO's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
CHENNPETRO's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
CHENNPETRO's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
CHENNPETRO's negative gross and operating margins suggest the company is not generating profit from either its production process or day-to-day operations. This could signal cost overruns or difficulties in maintaining revenue levels.

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.