Chennai Petroleum Corporation Share Price Target 2025, 2026, 2030, 2040, 2050

Chennai Petroleum Corporation is an Indian company that mainly filters crude oil into useful products like petrol, diesel, cooking gas, and other fuels. It also makes special chemicals used in engine oils. It is owned by Indian Oil Corporation, which is part of the Indian government’s Ministry of Petroleum and Natural Gas. The company was first started as Madras Refineries in a partnership with the Indian government and a few foreign companies. Later, it became a part of Indian Oil. It has two refineries, one in Manali, Chennai, and another in Nagapattinam. It makes many products such as petrol, diesel, kerosene, jet fuel, bitumen, wax, and chemicals for making plastic and detergents.

What is Chennai Petroleum Corporation Ltd NSE: CHENNPETRO?

Chennai Petroleum Corporation is a government-owned company established in 1965 in Chennai, Tamil Nadu. It is owned by Indian Oil Corporation. It runs oil refineries that make fuel and other petroleum products used in daily life. The company has two main refineries in Manali and one in Nagapattinam. These refineries produce petrol, diesel, LPG, aviation fuel, engine oil, and materials used in making plastics and chemicals. The company is working on a large project to expand the Nagapattinam refinery to produce more fuel. It is also trying to protect the environment by using wind energy and recycling water, but it has had some problems in the past, like oil leaks and gas releases.

Chennai Petroleum Corporation Share Price

Chennai Petroleum Corporation Share price Target 2025

Its financial performance has seen many highs and lows. In some years, the company had losses because it spent more money than it earned. But in other years, it did well, with higher sales and profits. The profit and tax amounts have changed from year to year, but recently, the company has made good profits, increased its earnings, and given better dividends to its shareholders. Overall, the company’s results depend a lot on the market, but it has shown the ability to come back stronger after tough times. In 2025, its share price target would be ₹1411, as per our analysis.

By our prediction, its share price would be between ₹433 to ₹1411 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	433	1411

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	508	647
February	450	550
March	433	664
April	527	664
May	587	737
June	606	708
July	652	800
August	525	786
September	514	884
October	654	968
November	784	1279
December	1187	1411

Chennai Petroleum Corporation Share Price Target 2026

This company, earlier called Madras Refineries Limited. It is a company owned by the Government of India and is part of Indian Oil Corporation Limited. It started as a partnership between the Government of India, AMOCO, and the National Iranian Oil Company. It began as a small oil refinery and, through years of hard work and dedication, has grown into one of the biggest oil refining companies in South India. In 2026, its share price target would be ₹2388, as per our prediction.

Its share price would be between ₹1330 to ₹2388 in 2026, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	1330	2388

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1330	1521
February	1378	1590
March	1450	1641
April	1527	1674
May	1554	1700
June	1578	1780
July	1622	1857
August	1657	1886
September	1684	1954
October	1724	2084
November	1856	2241
December	2157	2388

Share price Target 2027

It is a big government oil company in India. It runs a modern refinery that makes many useful fuel products. The company always tries to improve its work by using better technology, saving energy, and caring for the environment. It values hard work, honesty, and passion. It supports its workers through different programs and rewards their efforts. It also helps communities by focusing on education, health, jobs, and a clean environment, so people can grow and succeed along with the company. In 2027, its share price target would be ₹3357, as per our prediction.

Its share price would be between ₹2310 to ₹3357 in 2027, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	2310	3357

Share price Target 2028

It works hard to do a good job and help everyone linked to the company. It makes and sells fuel at fair prices and always tries to give good quality. The company cares about safety, the environment, and helping society. It also looks for new and better ways to make fuel, including cleaner options. It values its workers and supports teamwork and growth for everyone. The company follows honest rules in business and wants to grow and be a leader. In 2028, its share price target would be ₹4343, as per our analysis.

By our prediction, its share price would be between ₹3200 to ₹ in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	3200	4343

Share price Target 2029

During the coronavirus pandemic, it kept working to provide energy. They made buildings touch-free with automatic sanitisers and soap dispensers and cleaned everything often. Only a few employees came to the office, while others worked from home. Temperature checks and social distancing were followed. When work started again, it gave workers safe places to stay, food, and transport. So the company is well-maintained and can fight tough situations. In 2029, its share price target would be ₹5400, as per our prediction.

Its share price would be between ₹4290 to ₹5400 in 2029, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	4290	5400

Chennai Petroleum Corporation share price Target 2030

The Manali Refinery in North Chennai is very advanced in India. It has many units that help filter crude oil into different useful products. The refinery makes things like cooking gas, petrol, kerosene, aeroplane fuel, diesel, road tar, lubricants, wax, fuel oil, and chemicals that other factories use. It also provides important materials to nearby factories in Manali, Chennai, helping support local businesses. In 2030, its share price target would be ₹6500, as per our analysis.

By our prediction, its share price would be between ₹5321 to ₹6500 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	5321	6500

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	5321	5520
February	5410	5587
March	5478	5630
April	5521	5747
May	5574	5868
June	5620	5930
July	5687	6021
August	5758	6080
September	5878	6124
October	5914	6214
November	6057	6358
December	6280	6500

Share price Target 2040

Over the years, the Manali refinery was expanded by adding new units to increase fuel production and improve efficiency. A wax unit was also added to make paraffin and match wax. The refinery’s capacity was further increased by improving and upgrading the old units. One major project, called the Resid Upgradation Project, helped produce more useful fuels by adding a new unit and upgrading another. With all these improvements, it has become a strong and reliable source of fuel for the country. In 2040, its share price target would be ₹15467, as per our prediction.

Its share price would be between ₹14172 to ₹15467 in 2040, as per our analysis.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	14172	15467

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	14172	14320
February	14200	14410
March	14225	14520
April	14284	14675
May	14387	14840
June	14528	14880
July	14658	14900
August	14785	15000
September	14882	15090
October	14981	15180
November	15080	15294
December	15214	15467

Share Price Target 2050

It plans to build a new and bigger refinery at Nagapattinam by removing the old one. This project will be done with the help of partner companies. The new refinery will make LPG, clean petrol and diesel, fuel for aeroplanes, and polypropylene, which is used to make plastic items. It will also have a system to bring crude oil from ships and a plant to turn seawater into fresh water for use in the refinery. The project will use the latest Indian technology and has already received all the needed approvals. Some work has already started, and KPMG is helping to manage the project to make sure it is completed safely. In 2050, its share price target would be ₹25760, as per our analysis.

By our prediction, its share price would be between ₹24380 to ₹25760 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	24380	25760

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	24380	24520
February	24458	24589
March	24450	24625
April	24487	24684
May	24510	24700
June	24557	24731
July	24586	24802
August	24689	24980
September	24790	25174
October	24890	25354
November	25124	25584
December	25358	25760

Should I buy Chennai Petroleum Corporation stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	433	1411
2026	1330	2388
2027	2310	3357
2028	3200	4343
2029	4290	5400
2030	5321	6500
2040	14172	15467
2050	24380	25760

It is a strong government-owned company that sells important fuels like petrol and diesel. It has started earning more profit recently and is working on expanding and upgrading its refineries to grow bigger in the future. The company is also making efforts to protect the environment while improving its work style.

Chennai Petroleum Corporation earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales +	36,973	22,222	43,068	76,271	66,024	59,356
Expenses +	39,130	20,210	40,336	70,574	61,548	58,341
Operating Profit	-2,157	2,012	2,732	5,698	4,476	1,016
OPM %	-6%	9%	6%	7%	7%	2%
Other Income +	45	127	26	13	47	84
Interest	415	376	413	331	224	245
Depreciation	468	466	504	573	606	606
Profit before tax	-2,995	1,296	1,841	4,806	3,694	249
Tax %	-31%	80%	27%	27%	26%	14%
Net Profit +	-2,056	257	1,352	3,532	2,745	214
EPS in Rs	-138.10	17.28	90.79	237.16	184.34	14.38
Dividend Payout %	0%	0%	2%	11%	30%	35%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
52.12	1.20	0.67%	19.57	1.75	1.25%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Chennai Petroleum Corporation Ltd	52.11	1.20	0.67%
Reliance Industries Ltd	28.86	2.17	0.37%
Indian Oil Corporation Ltd	15.79	1.14	1.92%
Bharat Petroleum Corporation Ltd	11.32	2.00	2.83%

Is Chennai Petroleum Corporation stock good to buy? (bull case & bear case)

Bull Case:

• The company has a strong return on equity (ROE) of 31.1% over the last 3 years, showing it uses investor money well
• It gives back good profits to shareholders with a dividend payout ratio of 25.3%
• Offers a high dividend yield of around 6–8%, great for earning regular income
• Its PEG ratio is below 1, which means the stock might be undervalued based on its growth
• Made a big comeback in Q4 FY25 with a profit of ₹627.9 crore, after earlier losses
• Has a good return on capital (ROCE) and decent profit margins, meaning it runs operations efficiently
• The company is involved in both refining and petrochemicals, which can help long-term growth
• Sales have grown by around 18% per year over the last few years
• Its performance is getting better each quarter after a rough first half of FY25

Bear Case:

• Sales growth over the past 5 years is only 9.93%, which is considered weak
• The tax rate seems low, which could mean the profits aren’t fully reliable
• Profit in FY25 was only ₹214 crore, much lower than the ₹2,745 crore in FY24

Conclusion

It is a government-owned company that makes fuels like petrol, diesel, and cooking gas. The company has shared good profits with its investors in the past and is now improving after some difficult times. It is also building a new, modern refinery to make more fuel and grow bigger in the future. But there are also some risks, its sales haven’t grown very fast, its profits depend a lot on changing oil prices, and it has had some issues with the environment. Overall, the company looks strong and has future growth plans.

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