Chennai Petroleum Corporation Share Price Graph And News

Chennai Petroleum Corporation Limited (CPCL) a Group company of Indian Oil Corporation Limited (IOCL) is an Indian state-owned oil and gas corporation headquartered in Chennai, India. This company was formed as a joint venture in 1965 between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC), having a shareholding in the ratio 74%: 13%: 13% respectively. From the grassroots stage, Chennai Petroleum Corporation Limited Refinery was set up with an installed capacity of 2.5 million tonnes per annum (MMTPA) in a record time of 27 months at a cost of Rs. 430 million without any time or cost overrun. The article deals with Chennai Petroleum Corporation Share Price Graph And News.

About the company –

Chennai Petroleum Corporation Limited (CPCL) is one of the best world class Refining company. This company, formerly known as Madras Refineries Limited (MRL). Chennai Petroleum Corporation Limited (CPCL) was incorporated in 1965. This company is a joint venture between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC). Also Chennai Petroleum Corporation Limited (CPCL) subsequent to AMOCO’s and GOI’s disinvestment in 1985 and 2001. This company became a group company of Indian Oil Corporation Limited (IOCL). Chennai Petroleum Corporation Limited (CPCL) plays the role of a mother industry supplying feedstocks to the neighboring industries in Manali. This company’s products are marketed through IOCL. Chennai Petroleum Corporation Limited (CPCL)’s products are mostly consumed domestically except naphtha, fuel oil and lubes which are partly exported. This company has also made pioneering efforts in the field of energy and water conservation by setting up a wind farm and sewage reclamation and seawater desalination plants.

Company summary –

Chennai Petroleum Corporation Limited (CPCL) has two refineries with a combined refining capacity of 11.5 million tonnes per annum (MMTPA). This company’s Manali Refinery in Chennai has a capacity of 10.5 MMTPA. This company is one of the most complex refineries in India with fuel, lube, wax, and petrochemical feedstocks production facilities. Chennai Petroleum Corporation Limited (CPCL)’s the second refinery is Nagapattinam Refinery located at Cauvery basin at Nagapattinam in Panagudi. This unit of this company was set up in Nagapattinam with a capacity of 0.5 MMTPA in 1993 and later enhanced to 1.0 MMTPA. Chennai Petroleum Corporation Limited 1.0 MMTPA refinery is being dismantled to increase its capacity to 9.0 MMPTA with the cost of 27,000 crores this new project will be completed by 2022 and will boost the company grow further. The main products of this company are LPG, Motor Spirit, superior kerosene, aviation turbine fuel, high-speed diesel, naphtha, bitumen, lube base stocks, paraffin wax, fuel oil, hexane, and petrochemical feedstocks. The wax plant at CPCL has an installed capacity of 30,000 tonnes per annum, which is designed to produce paraffin wax for the manufacture of candle wax, waterproof formulations and match wax. A propylene plant of this company with a capacity of 17,000 tonnes per annum was commissioned in 1988 to supply petrochemical feedstock to neighboring downstream industries. The unit of Chennai Petroleum Corporation Limited (CPCL) was revamped to enhance the propylene production capacity to 30,000 tonnes per annum in 2004. This company also supplies LABFS to a downstream unit for the manufacture of linear alkylbenzene. Now, let’s move on to the Chennai Petroleum Corporation Share Price Graph.

Chennai Petroleum Corporation Share Price Graph

Registered Address –

536, Anna Salai,
Teynampet, Chennai (Madras),
Tamil Nadu, 600018.
Tel : 044-24349833 044-24346807
Fax : 044-24341753
Email : [email protected]
Website : http://www.cpcl.co.in
Group : Public Sector.

Registrars –

Karvy Fintech Pvt. Ltd.
Karvy Selenium Tower B, Plot No. 31-32, Gachibowl,
Hyderabad – 500032, Telangana.
Tel: 040-67162222, 67161500
Fax: 040-23420814, 23001153
Email: [email protected]
Website: http://www.karvycomputershare.com.

Company financials :

After the Chennai Petroleum Corporation Share Price graph, now we will look at the company financials. Chennai Petroleum Corporation Limited key Products or Revenue Segments include Petroleum Products which contributed Rs.44134.81 Crore to Sales Value 99.87 % of Total Sales. Other Operating Revenue of this company which contributed Rs.38.84 Crore to Sales Value 0.08 % of Total Sales. A scrap of Chennai Petroleum Corporation Limited which contributed Rs.13.07 Crore to Sales Value 0.02 % of Total Sales. Also the Power of this company which contributed Rs.1.76 Crore to Sales Value 0.00 % of Total Sales for the year ending 31st March 2018.

The company’s market cap is 3,559.73. EPS (earnings per share) was 0.08, industry p/e was 14.17 and price/book value 0.89.

Chennai Petroleum Corporation Financial Statements

For the quarter ended 30th September 2018, Chennai Petroleum Corporation Limited has reported a Consolidated sales of Rs.12004.06 Crore, up 26.08 % from last quarter Sales of Rs.9520.94 Crore and also up 60.96 % from last year same quarter Sales of Rs.7457.93 Crore. This Company has reported a net profit after tax of Rs.20.93 Crore in the latest quarter.

The Board of Directors of the company :

  • Sanjiv Singh is the Chairman of this company.
  • B V Rama Gopal is the Refineries Director of the company.
  • R Srikanthan is a Technical Director of this company.
  • Mrutunjay Sahoo is an Independent Director of the company.
  • D Duraiganesan is the Independent Director of this company.
  • Farzad Bahrami Bavani is the Nominee Director of the company.
  • D Duraiganesan is one of the Independent Director of this company.
  • S N Pandey is the Managing Director of the company.
  • Rajeev Ailawadi is the Finance Director of this company.
  • G Aravindan is the Operations Director of the company.
  • P B Lohiya is another Independent Director of this company.
  • Mohammad Bagher Dakhili is the Nominee Director of the company.
  • Perin Devi is the Nominee Director of this company.

Name of the Shareholder belonging to the category – “Public and holding more than 1% of the Total No.of Shares” :

  • Trusts.
  • Foreign National.
  • Life Insurance Corporation of India.
  • ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C.
  • SBI Magnum Multicap Fund.
  • The New India Assurance Company Limited.
  • Non-Resident Indian (NRI).
  • Clearing Members.
  • Overseas corporate bodies.
  • Bodies Corporate.
  • IEPF.
  • Non-resident Indian Non-repatriable.

News of the company :

This is the end portion of the article Chennai Petroleum Corporation Share Price Graph and News. In the dated 17th January 2019, The CPCB had earlier slapped a fine of Rs 1 crore each on three public sector oil companies for their failure to install VRS systems at fuel stations. A slowdown in the world economy is forcing global policymakers to express fresh caution in 15th January 2019. Buy Indian Oil Corporation Ltd. at a price target of Rs 145.0 and a stop-loss at Rs 127.5 from the entry point in 11th December 2018.

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