# CHENNPETRO (CHENNPETRO) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/chennpetro

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,415.5
- Change: +0.10%
- As of: 2026-09-18
- 1D return: +0.18%
- 5D return: -12.90%
- 1M return: +1.88%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CHENNPETRO is trading at ₹1416.6, with a technical stance that shows alignment across multiple timeframes. Daily, weekly, and monthly indicators suggest a bullish trend, with the price trading above key moving averages and the Supertrend indicator on all three timeframes. The daily chart shows the price below the 20-day Exponential Moving Average (EMA) and Simple Moving Average (SMA) but above the 50-day SMA and 200-day SMA, indicating some short-term consolidation within a longer-term uptrend. The weekly and monthly timeframes exhibit stronger bullish signals, with the price comfortably above their respective EMAs and SMAs. Recent anomalies include a high-severity upward gap on the weekly chart on September 18, 2026, and a moderate downward unusual price move on the daily chart on September 15, 2026. Active chart patterns as of September 18, 2026, include a Bearish Engulfing Reversal on the weekly timeframe and a Doji on the daily timeframe, suggesting potential indecision or a pause in the current trend. The stock is currently positioned 73% of the way up its 252-day trading range. The annualized volatility stands at 49%, with a current drawdown of -13%.

Key resistance levels to monitor are ₹1445.23 (pivot) and ₹1449.0 (high), approximately 2.02% and 2.29% above the current price, respectively. Nearest support is observed at ₹1370.87 (low), about 3.23% below the current price. The risk setup is characterized by a current drawdown of -13% and an annualized volatility of 49%.

- The stock's current price is ₹1416.6 as of September 18, 2026.
- Daily, weekly, and monthly technical indicators are aligned, indicating a bullish trend.
- Nearest resistance levels are ₹1445.23 and ₹1449.0.
- Nearest support level is ₹1370.87.
- Watch for breaks above resistance or support levels for potential trend confirmation or reversal signals.

- Bearish Engulfing Reversal
- Doji
- Outside Bar
- Bullish Engulfing Reversal

### News Context

Chennai Petroleum Corporation Limited (CPCL) held its 60th Annual General Meeting on August 26, 2026, where shareholders approved all eight resolutions. Key approvals included the adoption of audited financial statements for the fiscal year 2025-26, a final equity dividend of ₹54 per share, and a preference dividend of 6.65% (₹0.665 per share) totaling ₹15.94 crore. The meeting also saw the ratification of director appointments and the cost auditor's remuneration. During the meeting, Chairman A.S. Sahney noted CPCL's upgrade to Navratna status by the Government of India on June 19, 2026, following record financial results, including a Profit After Tax of ₹3,061.85 crore and revenue of ₹78,610.66 crore for the fiscal year. Separately, on September 14, 2026, ICRA Ratings Ltd reaffirmed CPCL's 'ICRA A1+' credit rating for its commercial paper instruments.

- On August 26, 2026, Chennai Petroleum Corporation Limited's 60th Annual General Meeting approved all resolutions, including a final equity dividend of ₹54 per share and a preference dividend of 6.65% totaling ₹15.94 crore for FY 2025-26.
- Chairman A.S. Sahney highlighted CPCL's upgrade to Navratna status on June 19, 2026, supported by record financial results of ₹3,061.85 crore Profit After Tax and ₹78,610.66 crore revenue for FY 2025-26.
- ICRA Ratings Ltd reaffirmed Chennai Petroleum Corporation Limited's 'ICRA A1+' credit rating for its commercial paper instruments on September 14, 2026.

- Chennai Petroleum Corporation Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Chennai Petroleum Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026 |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 26-Aug-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### What Changed

As of September 18, 2026, Chennai Petroleum Corporation Limited (CHENNPETRO) on the NSE has seen a slight increase in its stock price, moving from ₹1414.5 to ₹1416.6. This change occurred on the observation date of September 18, 2026. No new filings or news developments were reported in the recent period. The company's profile and its listing on the NSE remain unchanged from earlier context.

- On September 18, 2026, CHENNPETRO's stock price was ₹1416.6, up from ₹1414.5.
- No new filings were reported for CHENNPETRO as of September 18, 2026.
- No new news developments were reported for CHENNPETRO as of September 18, 2026.
- CHENNPETRO remains listed on the NSE.

### Official Filings

Chennai Petroleum Corporation Limited (CPCL) has received a reaffirmation of its 'ICRA A1+' credit rating for its commercial paper instruments, as disclosed on September 14, 2026. This rating indicates a strong capacity to meet financial obligations. Earlier, on August 26, 2026, the company's 60th Annual General Meeting (AGM) saw shareholders approve all resolutions. Key among these was the declaration of a final equity dividend of ₹54 per share and a preference dividend of 6.65% (₹0.665 per share), totaling ₹15.94 crore for the fiscal year 2025-26. The AGM also ratified the appointment of directors and the remuneration of the cost auditor for the 2026-27 fiscal year. Notably, the company's Chairman highlighted CPCL's upgrade to 'Navratna' status by the Government of India on June 19, 2026, following record financial results, including a Profit After Tax of ₹3,061.85 crore and revenue of ₹78,610.66 crore for the fiscal year ending March 31, 2026.

- On September 14, 2026, ICRA Ratings Ltd reaffirmed Chennai Petroleum Corporation Limited's 'ICRA A1+' credit rating for commercial paper.
- Shareholders approved a final equity dividend of ₹54 per share and a preference dividend of 6.65% (₹15.94 crore total) at the AGM held on August 26, 2026.
- The company was upgraded to 'Navratna' status by the Government of India on June 19, 2026.
- Record financial results for FY 2025-26 included Profit After Tax of ₹3,061.85 crore and revenue of ₹78,610.66 crore.

- Chennai Petroleum Corporation Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Chennai Petroleum Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026 |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 26-Aug-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### Fundamentals

Chennai Petroleum's recent operating performance shows a notable increase in revenue from operations in the latest reported quarter, Q1 FY2026-27, reaching ₹29,358.75 crore. This represents a significant sequential jump from ₹20,455.29 crore in Q4 FY2025-26 and ₹19,438.39 crore in Q3 FY2025-26. While revenue grew substantially, expenses also rose to ₹28,010.89 crore in Q1 FY2026-27, closely tracking the revenue increase. Consequently, Profit Before Tax (PBT) and Profit Loss For Period (PAT) saw a sequential decline in Q1 FY2026-27 compared to Q4 FY2025-26. PBT stood at ₹1,365.56 crore and PAT at ₹1,031.35 crore in Q1 FY2026-27, down from ₹1,890.42 crore (PBT) and ₹1,421.85 crore (PAT) in Q4 FY2025-26. The tax expense also adjusted accordingly, from ₹490.70 crore in Q4 FY2025-26 to ₹348.89 crore in Q1 FY2026-27. The company's ability to translate higher revenues into improved profitability will be a key area to monitor, especially in light of the rising expense base.

- Revenue from operations for Q1 FY2026-27 was ₹29,358.75 crore, a sequential increase from ₹20,455.29 crore in Q4 FY2025-26.
- Expenses in Q1 FY2026-27 were ₹28,010.89 crore, also higher than the ₹18,585.72 crore reported in Q4 FY2025-26.
- Profit Loss For Period (PAT) in Q1 FY2026-27 was ₹1,031.35 crore, a decrease from ₹1,421.85 crore in Q4 FY2025-26.
- Profit Before Tax (PBT) for Q1 FY2026-27 was ₹1,365.56 crore, down from ₹1,890.42 crore in Q4 FY2025-26.
- Tax Expense for Q1 FY2026-27 was ₹348.89 crore, compared to ₹490.70 crore in Q4 FY2025-26.

### Bull Case

The company's stock is exhibiting strength across multiple technical timeframes, suggesting positive market sentiment. On a daily basis, the Super Trend indicator is 'bullish', and the 20-day Exponential Moving Average (EMA) shows a positive slope of 12.16, indicating upward momentum. This trend is further supported by a strong 1-year return of 90% and a year-to-date return of 67%. Weekly and monthly trends also show a 'bullish' Super Trend direction, reinforcing the constructive technical picture.

- The daily Super Trend indicator is 'bullish' as of 2026-09-18.
- The 20-day EMA slope on a daily basis is 12.16, indicating upward price movement.
- The stock has achieved a 1-year return of 90% and a year-to-date return of 67%.
- Both weekly and monthly Super Trend indicators are 'bullish'.

### Bear Case

The company's stock exhibits elevated volatility, with an annualized volatility of 0.49 and a current drawdown of -0.13. The maximum drawdown observed stands at -0.29. Technical indicators suggest a strong upward trend on monthly and weekly timeframes, as indicated by the Supertrend direction being 'bullish' and ADX values above 50 on both. However, the daily trend shows a less pronounced upward momentum with an ADX of 30.98, and the 20-day Exponential Moving Average (EMA) at 1440.35 is above the current closing price of 1416.6, suggesting potential short-term resistance.

- Annualized volatility is recorded at 0.49 as of 2026-09-18.
- The stock has experienced a current drawdown of -0.13 and a maximum drawdown of -0.29.
- On the daily chart, the 20-day EMA is 1440.35, trading above the closing price of 1416.6.
- The Average Directional Index (ADX) on the daily timeframe is 30.98, indicating a trending market, while monthly and weekly ADX values are significantly higher at 59.33 and 52.28 respectively.

### FAQs

**What were the key financial highlights and shareholder returns approved at Chennai Petroleum's 60th Annual General Meeting?**

At the 60th Annual General Meeting held on August 26, 2026, shareholders approved a final equity dividend of ₹54 per share and a preference dividend of 6.65% (₹0.665 per share), totaling ₹15.94 crore for the fiscal year 2025-26. The meeting also saw the approval of audited financial statements for the year ending March 31, 2026. Chairman A.S. Sahney noted that the company achieved a Profit After Tax of ₹3,061.85 crore and revenue of ₹78,610.66 crore for the same period. Additionally, the company was upgraded to Navratna status by the Government of India on June 19, 2026.

**What is the current credit rating for Chennai Petroleum's commercial paper?**

On September 14, 2026, ICRA Ratings Ltd reaffirmed the 'ICRA A1+' credit rating for Chennai Petroleum Corporation Limited's commercial paper instruments. The filing did not specify any change in the rated amount or instrument value.

**What are the recent technical indicators suggesting about Chennai Petroleum's stock trend?**

As of September 18, 2026, technical indicators suggest a bullish trend for Chennai Petroleum. The daily trend shows the closing price at ₹1416.6, above the 20-day Exponential Moving Average (EMA) of ₹1440.35 and the 50-day EMA of ₹1354.09. The Supertrend indicator is also bullish at ₹1408.35. On a weekly basis, the Supertrend is bullish at ₹1107.51, with the closing price above both the 20-day EMA (₹1255.93) and 50-day EMA (₹1076.85). The monthly trend also indicates a bullish Supertrend at ₹922.1, with the closing price significantly above the 20-day EMA (₹975.5) and 50-day SMA (₹1044.83).

**What are the nearest support and resistance levels for Chennai Petroleum's stock?**

As of September 18, 2026, the nearest identified resistance level for Chennai Petroleum is at ₹1445.23, which is approximately 2.02% above the current price. The nearest support level is identified at ₹1370.87, approximately 3.23% below the current price.

- Chennai Petroleum Corporation Limited has informed the Exchange about Credit Rating- Revision |SUBJECT: Credit Rating- Revision
- Chennai Petroleum Corporation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 26, 2026. Further, the company has informed the Exchange regarding voting results. |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 26, 2026 |SUBJECT: Shareholders meeting
- Chennai Petroleum Corporation limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 26-Aug-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,445.23
- Risk regime: Price Risk Requires Attention

### Support levels
- 1325.1
- 1080
- 1003.4

### Resistance levels
- 1449
- 1489.7
- 1677.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.18% |
| return_10 | -1.63% |
| return_1m | +0.90% |
| return_1y | +90.19% |
| return_20 | +1.88% |
| return_3m | +26.55% |
| return_5 | -12.90% |
| return_6m | +39.55% |
| return_since_start | +124.16% |
| return_ytd | +67.34% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -28.80% |
| annualized_volatility | +48.95% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue Rises Sharply, but Sequential Profit Falls as Expenses Grow Faster

Chennai Petroleum Corporation Limited’s revenue increased 43.5% in the quarter ended 30 June 2026, while total expenses grew 50.7%. The faster rise in costs reduced profit before tax by 27.8% compared to the previous quarter. On a year-over-year basis, the company moved from a pre-tax loss to a pre-tax profit of ₹1,365.56 crore.

## Revenue and Expense Dynamics

- Revenue from operations rose from ₹20,455.29 crore in Q4 FY2025-26 to ₹29,358.75 crore in Q1 FY2026-27, an increase of ₹8,903.46 crore (43.5%).
- Total expenses increased from ₹18,585.72 crore to ₹28,010.89 crore, a rise of ₹9,425.17 crore (50.7%).
- The expense increase exceeded the revenue increase by approximately ₹522 crore, directly accounting for the decline in pre-tax profit.

Year-over-year, revenue grew 57.1% from ₹18,683.49 crore in Q1 FY2025-26, while expenses rose 49.2%. This turned a pre-tax loss of ₹80.06 crore in the same quarter last year into a pre-tax profit of ₹1,365.56 crore.

## Quarterly Profitability

- Profit before tax was ₹1,365.56 crore, down from ₹1,890.42 crore in the previous quarter (a 27.8% decline).
- Profit after tax fell from ₹1,421.85 crore to ₹1,031.35 crore, a decline of 27.5%.
- Tax expense declined to ₹348.89 crore from ₹490.70 crore, moving broadly in line with the lower pre-tax income.
- Profit before exceptional items and profit before tax were identical, indicating no exceptional items were recorded.

## Expense Structure

- Cost of materials consumed was the dominant expense at ₹25,708.27 crore, representing 91.8% of total expenses.
- Other reported expense lines included employee benefits at ₹140.60 crore (0.5%), depreciation at ₹154.92 crore (0.6%), and finance costs at ₹52.14 crore (0.2%).
- Finance costs increased from ₹16.42 crore in the prior quarter to ₹52.14 crore, a 218% jump, though the absolute amount remains small.
- The remaining ₹1,955 crore represented other expenses.

## Leverage and Balance Sheet

- The debt-equity ratio stood at 0.0032 at the end of June 2026, up from 0.0018 at the end of March 2026. The company continues to carry minimal debt relative to its equity base.

## Key Takeaway

Chennai Petroleum’s first quarter of FY2026-27 saw a sharp increase in revenue, but expenses—driven by material costs—rose even more, squeezing sequential profit. While the balance sheet remains essentially debt-free, the quarter’s outcome highlights how sensitive profitability is to relative movements between revenue and input costs.

### Ratios

## Official filings

- 2026-09-14 — Credit Rating Update: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_14092026182929_Reg30.pdf)
- 2026-08-27 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_27082026195137_Reg_44.pdf)
- 2026-08-26 — Generic Announcement: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_26082026155420_Reg_30.pdf)
- 2026-08-11 — Management Change: Chennai Petroleum Corporation Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_1923_WebXMLFile_20260811_175830275.xml)
- 2026-08-06 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) published a revised notice for its 60th Annual General Meeting on August 6, 2026, in The Hindu and Makkal Kural newspapers. The notice is also available on CPCL's investor relations website. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_06082026230126_Revised_Notice_Newspaper_Clippings.pdf)
- 2026-08-04 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) has rescheduled its 60th Annual General Meeting (AGM) from August 24, 2026, to August 26, 2026, due to unavoidable developments. The AGM will be held via Video Conference/Other Audio-Visual Means. The company also provided updated dates for the record date, cut-off date, speaker registration, question registration, and e-voting period. Additionally, the agenda includes appointing directors and ratifying the cost auditor's remuneration of ₹2,75,000 plus applicable taxes. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_04082026223037_Revised_intimation_to_SE.pdf)
- 2026-08-04 — Official Filing: Chennai Petroleum Corporation Limited will hold its 60th Annual General Meeting on August 26, 2026, via video conference. The agenda includes adopting the financial statements for the 2025-26 fiscal year, declaring a 6.65% preference dividend amounting to ₹15.94 Crore, and a final equity dividend of ₹54 per share. The meeting will also address the re-appointment of directors Inder Jeet and Rohit Kumar Agrawala, the appointment of S.G. Venkatesh as Technical Director, V.C. Asokan as Nominee Director, and the ratification of remuneration for the cost auditor, M/s. Vivekanandan Unni & Associates, for ₹2,75,000 plus taxes for the 2026-27 fiscal year.
- 2026-08-02 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) announced its 60th Annual General Meeting via newspaper clippings published on August 2, 2026. The company also reported significant achievements in crude oil handling, including the successful handling of 46,000 metric tons of crude oil in a single consignment and 13,208 metric tons of crude oil from Jawahar fields. CPCL offers credit facilities up to 80% of the company's capital to its customers. The company is focused on enhancing its operational capabilities and providing world-class services. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_02082026222600_Reg30.pdf)
- 2026-08-01 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) will hold its 60th Annual General Meeting on August 24, 2026, via Video Conference. The agenda includes adopting financial statements for the 2025-26 period, declaring a 6.65% preference dividend amounting to ₹15.94 Crore and a ₹54 per equity share final dividend, and appointing/re-appointing directors. The company also proposes to ratify the remuneration of its cost auditor for FY 2026-27 at ₹2,75,000 plus applicable taxes and expenses. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_01082026202534_Notice_SE_Intimation.pdf)
- 2026-08-01 — Official Filing: Chennai Petroleum Corporation Limited will hold its 60th Annual General Meeting on August 24, 2026, via video conference. The agenda includes adopting the financial statements for the 2025-26 fiscal year, declaring a 6.65% preference dividend amounting to ₹15.94 Crore, and a final equity dividend of ₹54 per share. The meeting will also address the re-appointment of directors Inder Jeet and Rohit Kumar Agrawala, the appointment of S.G. Venkatesh as Technical Director and V.C. Asokan as Nominee Director, and ratify the remuneration of M/s. Vivekanandan Unni & Associates as Cost Auditor for ₹2,75,000 plus taxes for the 2026-27 fiscal year.
- 2026-08-01 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, available on CPCL's website, details the company's performance and commitments across various environmental, social, and governance (ESG) principles. Key disclosures include information on operations, employees, sustainability initiatives, and compliance with regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_01082026203433_BRSR_SE_Intimation.pdf)
- 2026-07-31 — Generic Announcement: Chennai Petroleum Corporation Limited will hold its 60th Annual General Meeting on August 24, 2026, via Video Conferencing to approve the Integrated Annual Report for 2025-26. The company has set August 7, 2026, as the record date for a proposed equity dividend of Rs. 54.00 per share. Remote e-voting will be open from August 20 to August 23, 2026, for members holding shares as of the cut-off date, August 17, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_31072026150856_Intimation_to_Stock_Exchange_-_Date_of_AGM.pdf)
- 2026-07-25 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) has published its audited standalone and consolidated financial results for the quarter ended June 30, 2026. The results were announced on July 25, 2026, and published in "The Hindu", "The Hindu — Business Line", "Makkal Kural — Regional Edition", and "The Economic Times". These results are also available on CPCL's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_25072026232040_NewspaperPublication.pdf)
- 2026-07-23 — Press Release: Chennai Petroleum Corporation Limited (CPCL) reported its financial performance for the quarter ended June 30, 2026. Crude throughput was 2.85 million metric tonnes, with 108% capacity utilization. Revenue from operations reached ₹29,359 crore, a significant increase from ₹18,683 crore in the prior year's quarter. CPCL recorded a Profit After Tax (PAT) of ₹1017 crore for the standalone entity and ₹1031 crore on a consolidated basis, compared to a net loss in the same period last year. An additional revenue of ₹385.21 crore related to prior period petroleum product price revisions was recognized. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_23072026211911_Reg30_-_Q1_Results.pdf)
- 2026-07-23 — Generic Announcement: Chennai Petroleum Corporation Limited's Board of Directors approved the audited standalone and consolidated financial results for the quarter ended June 30, 2026, on July 23, 2026. The company reported a net profit of ₹1016.67 crore for the standalone quarter and ₹1031.35 crore for the consolidated quarter. The auditors issued an unmodified opinion on both financial statements. An additional revenue of ₹385.21 crore related to March 2026 supplies was recognized in the current quarter due to retrospective price revisions. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_23072026131233_Q1_Results.pdf)
- 2026-07-19 — Generic Announcement: Chennai Petroleum Corporation Limited has fixed Friday, August 7, 2026, as the record date to determine eligibility for a final equity dividend of Rs. 54 per share for the financial year 2025-26. This dividend, recommended by the Board of Directors, is subject to member approval at the upcoming Annual General Meeting. If approved, the dividend will be paid within 30 days of the AGM, with applicable tax deducted at source. Members must submit relevant documents by Friday, August 14, 2026, to determine the TDS rate. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_19072026143123_Record_Date_Intimation_to_SE.pdf)
- 2026-07-03 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) has submitted a certificate from its Registrar & Transfer Agent, KFin Technologies Limited, confirming compliance with Regulation 74(5) of SEBI (Depositories & Participants) Regulations, 2018. This compliance pertains to the quarter ended June 30, 2026, and confirms that details of securities dematerialized/rematerialized have been furnished to all relevant stock exchanges. The filing was made on July 3, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_03072026214025_Reg74_5_.pdf)
- 2026-06-30 — Generic Announcement: Shri P. Shankar, Company Secretary & Compliance Officer of Chennai Petroleum Corporation Limited (CPCL), superannuated effective June 30, 2026. The Board of CPCL approved the appointment of Shri Lalit Kumar Mohanty as the new Company Secretary & Compliance Officer, effective July 01, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_30062026183453_Reg30.pdf)
- 2026-06-30 — Credit Rating Update: Chennai Petroleum Corporation Limited announced on June 30, 2026, that Crisil Ratings has updated bank-wise facility details in compliance with RBI requirements, with no change to the previously assigned ratings from November 07, 2025. The filing includes updated details for various debt instruments, such as Cash Credit facilities totaling Rs. 3000 crore from State Bank of India and other banks, Letter of Credit & Bank Guarantee facilities, and Commercial Papers rated by CRISIL & ICRA for Rs. 7500 crore. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_30062026164208_Reg30.pdf)
- 2026-06-26 — Generic Announcement: Shri P Shankar will retire as Company Secretary & Compliance Officer of Chennai Petroleum Corporation Limited on June 30, 2026. The Board of Directors approved the appointment of Shri Lalit Kumar Mohanty to this role, effective July 01, 2026. Shri Mohanty is a Science graduate, qualified Company Secretary, and holds a Master's degree in Law, with over 25 years of experience. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_26062026120036_Reg30.pdf)
- 2026-06-19 — Generic Announcement: On June 19, 2026, the Government of India granted Navratna Status to Chennai Petroleum Corporation Limited (CPCL), as conveyed by the Department of Public Enterprises. This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_19062026204214_Reg30.pdf)
- 2026-06-18 — Generic Announcement: Chennai Petroleum Corporation Limited (CPCL) will close its trading window for "Insiders" from July 1, 2026, until 48 hours after the financial results for the quarter ended June 30, 2026, are filed. The date of the board meeting to consider these results will be announced later. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_18062026162255_SE_Window_closing_1st_July_2026.pdf)
- 2026-05-14 — Generic Announcement: Chennai Petroleum Corporation Limited provided clarification to the National Stock Exchange of India Limited on May 4, 2026, regarding financial results submitted on April 24, 2026. The company confirmed that its audited financial results comply with SEBI format requirements, stating that the disclosure of balancing figures is not applicable due to their quarterly audit process. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHENNPETRO_04052026162355_NSEREPLY.pdf)

## News and market events

- 2026-09-10 — BUSINESSTODAY: **CPCL, MRPL, HPCL, BPCL, IOC shares: Brent nears $102; impact on oil stocks** — MRPL share price, CPCL share price, oil prices, oil price today, BPCL share price, IOC share price, HPCL share price — [Source](https://www.businesstoday.in/markets/stocks/story/cpcl-mrpl-hpcl-bpcl-ioc-shares-brent-nears-102-impact-on-oil-stocks-554465-2026-09-10)
- 2026-09-09 — BUSINESS: **Chennai Petroleum, MRPL, Oil India rise up to 5% as crude price nears $100** — Analyst said that the current rally in upstream oil and refining companies is primarily driven by elevated crude oil prices. — [Source](https://www.business-standard.com/markets/news/chennai-petroleum-mrpl-oil-india-rise-up-to-5-as-crude-price-nears-100-126090900372_1.html)
- 2026-09-09 — CNBC-TV18: **Graphite India at one year high, Chennai Petroleum at record high; Coforge, Infosys fall on Nifty 500 open** — Global cues and a leadership resignation drove sharp moves across the Nifty 500 at market open, with two stocks touching fresh 52-week highs — here's a look at today's top gainers and losers. — [Source](https://www.cnbctv18.com/market/stocks/nifty-500-graphite-india-52-week-high-chennai-petroleum-record-high-coforge-infosys-ifci-bse-share-price-19987087.htm)
- 2026-09-09 — BUSINESSTODAY: **Chennai Petroleum, MRPL, Oil India shares gain as Brent nears $100** — Chennai Petroleum, CPCL shares, MRPL shares, Mangalore Refinery, Oil India shares, ONGC shares, Brent crude, crude oil prices, West Asia conflict, oil stocks, refinery stocks, Choice Institutional Equities, MRPL target price, CPCL target price, oil marketing companies, OMCs — [Source](https://www.businesstoday.in/markets/stocks/story/chennai-petroleum-mrpl-oil-india-shares-gain-as-brent-nears-100-554149-2026-09-09)
- 2026-09-06 — Times of India: **TN govt begins compensating villagers for livelihood loss due to CPCL refinery expansion | Trichy News - The Times of India** — Tamil Nadu begins Rs 112 crore livelihood compensation to 2,163 Nagapattinam villagers affected by CPCL Cauvery Basin refinery expansion; first phase pays Rs 5 lakh each. — [Source](https://timesofindia.indiatimes.com/city/trichy/tn-govt-begins-compensating-villagers-for-livelihood-loss-due-to-cpcl-refinery-expansion/articleshow/133821060.cms)
- 2026-08-20 — BUSINESS: **Himadri Speciality Chemical Ltd leads losers in 'A' group** — Aster DM Quality Care Ltd, Syrma SGS Technology Ltd, V I P Industries Ltd and Chennai Petroleum Corporation Ltd are among the other losers in the BSE's 'A' group today, 20 August 2026. — [Source](https://www.business-standard.com/markets/capital-market-news/himadri-speciality-chemical-ltd-leads-losers-in-a-group-126082000691_1.html)
- 2026-08-20 — CNBC-TV18: **This PSU is up 8% as markets bounce back from slump; Here's a look at the top Nifty 500 movers at market open** — Some Nifty 500 stocks rallied as others slipped on reasons including crude oil's extended rise. Here's a look at today's top gainers and losers at market open — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-muthoot-finance-hdb-financial-hindalco-mmtc-oil-india-19973249.htm)
- 2026-08-19 — CNBC-TV18: **RailTel, Chennai Petroleum and other stocks, these are the top movers on Nifty 500 at market open today** — Some Nifty 500 stocks rallied on fresh work orders, rising crude prices and a new government incentive scheme, while others slid at market open. Here's a look at today's top gainers and losers — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-railtel-chennai-petroleum-mahanagar-gas-sammaan-capital-share-price-19972363.htm)
- 2026-08-13 — CNBC-TV18: **Why Lenskart is up and Grasim down so sharply in trade today** — Some Nifty 500 stocks rallied on strong Q1 earnings, while others slipped on regulatory action and mixed results. Here's a look at today's top gainers and losers at market open. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-market-open-lenskart-astral-tata-motors-cv-grasim-sun-tv-19968231.htm)
- 2026-08-11 — CNBC-TV18: **Stock market fall explained: Why Sensex dropped 388 points, Nifty slipped below 24,500** — The Sensex fell 388 points to 78,154, while the Nifty dropped 112 points to 24,472. The Nifty Bank slipped 241 points to 57,446, while the Midcap index declined 12 points to 63,843. — [Source](https://www.cnbctv18.com/market/stock-market-fall-explained-why-sensex-dropped-388-points-nifty-slipped-below-24500-19966639.htm)
- 2026-08-11 — BUSINESSTODAY: **Why Chennai Petroleum, MRPL shares are surging today** — Chennai Petroleum shares, MRPL shares, Chennai Petroleum stock, MRPL stock, Chennai Petroleum share price, MRPL share price, Chennai Petroleum rally, MRPL rally, Chennai Petroleum 52-week high, MRPL resistance, crude oil prices, Brent crude, WTI crude, Strait of Hormuz, global crude oil prices, gross refining margins, GRM, refinery stocks, oil stocks, PSU refinery stocks, Kranthi Bathini, WealthMills Securities, Ravi Singh, Master Capital Services, Chennai Petroleum target price, MRPL target price, Chennai Petroleum technical analysis, MRPL technical analysis, CPCL shares, Mangalore Refinery shares, oil and gas stocks, energy stocks, refinery stocks India, stock market today, NSE, BSE — [Source](https://www.businesstoday.in/markets/stocks/story/why-chennai-petroleum-mrpl-shares-are-surging-today-548532-2026-08-11)
- 2026-08-11 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty Defence index under pressure; Dynamatic Tech, MTAR top loser** — Sensex Today | Stock Market LIVE Updates: The markets are under pressure, with the Nifty falling close to a 100 points, falling below the 24,500 mark. The Nifty Bank is under pressure, falling over 400 points, falling to 57,300. IndiGo, Tata Consumer and Axis Bank are the top laggards. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-expiry-today-oil-adani-bse-wipro-vedanta-vodafone-idea-rvnl-share-price-liveblog-19966134.htm)
- 2026-08-04 — Mint: **Raja Venkatraman recommends three stocks for 4 August** — Market expert Raja Venkatraman shares his top stock picks for 4 August. Here’s his technical outlook and trade strategy. — [Source](https://www.livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-4-august-11785804004747.html)
- 2026-08-03 — CNBC-TV18: **Muthoot, Zee and XX other buzzing stocks in trade today** — Trading on the Nifty 500 turned volatile in early deals on Monday, with a mixed bag of quarterly earnings, brokerage calls and regulatory action driving sharp stock-specific moves. While some counters rallied on strong numbers and momentum, others slipped despite healthy results as investors zeroed in on management commentary and one-off factors. Here's a look at the top gainers and losers on the Nifty 500 today. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-today-urban-company-blue-dart-muthoot-finance-zee-hfcl-q1-results-19959996.htm)
- 2026-07-26 — Economic Times: **Ahead of Market: 10 things that will decide stock market action on Monday** — Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid rising US yields and global uncertainty. Analysts flag key technical levels for Nifty, while stock-specific action and broader market resilience remain in focus. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/ahead-of-market-10-things-that-will-decide-stock-market-action-on-monday/articleshow/132640467.cms)
- 2026-07-24 — The Hindu: **Q1 Results Today Live: Shriram Finance, TCP, BoB, Hindustan Zinc, ACC, Dalmia Bharat, Jindal Steel, Lodha, SBI Life, CG Power, NTPC, SAIL, Welspun Corp to announce Q1 results, Cipla & MphasiS gain, Infosys, IndiGo & Meesho shares down after Q1** — Q1 Results Today, July 24, 2026, Live Updates: Follow businessline for more updates — [Source](https://www.thehindubusinessline.com/markets/fy27-q1-results-today-live-updates-shriram-finance-hindustan-zinc-dalmia-bharat-tata-consumer-jindal-steel-lodha-laurus-labs-sbi-life-cg-power-ntpc-infosys-indigo-cipla-results-24-july-2026/article71257341.ece)
- 2026-07-23 — The Hindu: **Sensex today | Stock Market Live: Sensex falls 500 pts, Nifty slips to 23,800 in volatile trade; IndusInd Bank down 6%** — Sensex, Nifty, Share Prices LIVE: At 1:00pm, Sensex traded 451.92 points or -0.59% lower at 76,303.13, Nifty traded at 23,851.70, down 144.55 points (-0.60%). — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-23-july-2026/article71253376.ece)
- 2026-07-23 — CNBC-TV18: **Q1 Results LIVE Updates: Chennai Petro profit down 27%, Ujjivan SFB shares fall 5% on earnings** — Q1 Results LIVE Updates: Three more Nifty 50 stocks, Infosys, IndiGo, Cipla, are reporting their June quarter results today. IEX, Allied Blenders, Chennai Petro, Capital Small Finance Bank, Go Digit General Insurance, Cyient, Mahindra Life, Motilal Oswal, Mphasis, PVR INOX, are among the other results coming in today. Result reactions will be keenly awaited from Dr. Reddy's Laboratories, whose ADR fell 10% overnight, and IndusInd Bank among many others. Watch this space for all the LIVE earnings updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-infosys-cipla-indigo-dr-reddys-indusind-iex-ofss-meesho-motilal-oswal-cyient-share-price-liveblog-19951905.htm)
- 2026-07-23 — CNBC-TV18: **Chennai Petroleum shares tumble 10% after Q1 profit drops sequentially, margins halve** — Chennai Petro's revenue from operations rose 43.5% sequentially to ₹29,358.8 crore, while total income increased to ₹29,376.5 crore. Profit before tax declined to ₹1,365.6 crore from ₹1,890.4 crore in the preceding quarter as total expenses increased sharply. — [Source](https://www.cnbctv18.com/market/chennai-petroleum-q1-results-profit-drop-revenue-growth-margin-contraction-crude-oil-prices-share-price-19952286.htm)

## Business profile

**Strategic vision:** Refining corporation in South India with integrated refinery operations.

### Business segments
- **Manali Refinery:** Located in North Chennai, the Manali Refinery has a refining capacity of 10.5 MMTPA and is an integrated refinery producing a range of petroleum products and petrochemical feedstocks.
- **Cauvery Basin Refinery:** CPCL operates a refinery in the Cauvery Basin at Nagapattinam, with plans for a new grassroot refinery with a capacity of 9 MMTPA.

### Competitive strengths
- Integrated refinery operations
- Complex and integrated refinery infrastructure
- Production of diverse petroleum products and petrochemical feedstocks

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

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