Chennai Petroleum Corp Ltd - Company Profile

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Chennai Petroleum Corp Ltd: Overview

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Chennai Petroleum Corp Ltd (CPCL) formerly known as Madras Refineries Limited (MRL), is a state-owned oil refining company. It is a subsidiary of Indian Oil Corporation Limited. The company offers a range of petroleum and specialty products. CPCL’s product portfolio includes liquefied petroleum gas, superior kerosene, motor spirit, aviation turbine fuel, naphtha, high-speed diesel, bitumen, paraffin wax, lube base oils, furnace oil, propylene, butane and hexane among others. CPCL owns and operates two refineries: Manali Refinery in North Chennai and Cauvery Basin Refinery (CBR) in Nagapattinam, Tamil Nadu It caters its products to various industries that include fertilizers, power, petrochemicals, roadways, railways and airways. CPCL is headquartered at Chennai, Tamil Nadu, India.

 Gain a 360-degree view of Chennai Petroleum Corp Ltd and make more informed decisions for your business Gain a 360-degree view of Chennai Petroleum Corp Ltd and make more informed decisions for your business Find out more
Headquarters India
Address No.536, Anna Salai, Teynampet, Chennai, Tamil Nadu, 600018
Website www.cpcl.co.in
Telephone 91 44 24349833
No of Employees 1,466
Industry Energy and Utilities
Ticker Symbol & Exchange CHENNPETRO (NSE)
Revenue (2023) $11.6B 50.3% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 161.2% (2023 vs 2022)
Market Cap* $1.6B
Net Profit Margin (2023) XYZ 73.2% (2023 vs 2022)
* As of and is in US$
View Chennai Petroleum Corp Ltd financials
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Chennai Petroleum Corp Ltd premium industry data and analytics

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Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Chennai Petroleum Corp Ltd.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Chennai Petroleum Corp Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Liquefied Petroleum Gas
Motor Spirit
Superior Kerosene Oil
XYZ
XYZ
XYZ
Understand Chennai Petroleum Corp Ltd portfolio and identify potential areas for collaboration Understand Chennai Petroleum Corp Ltd portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Commercial Operation In July, the company inaugurated its Coke Handling System in Mattampally, Telangana.
2022 Contracts/Agreements In November, the company, Indian Oil Corporation Limited (IOCL) and seed equity partners signed a joint venture agreement for the upcoming 9 million tonne per annum (MTPA) refinery and petrochemicals project at Nagapattinam in Tamilnadu.
2022 Contracts/Agreements In August, the company formed a joint venture with its Indian Oil Corporation and other seed equity investors to build a 9 MMTPA refinery in Tamil Nadu, India.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Chennai Petroleum Corp Ltd Reliance Industries Ltd Bharat Petroleum Corp Ltd Hindustan Petroleum Corp Ltd Adani Enterprises Ltd
Headquarters India India India India India
City Chennai Mumbai Mumbai Mumbai Ahmedabad
State/Province Tamil Nadu Maharashtra Maharashtra Maharashtra Gujarat
No. of Employees 1,466 389,414 8,713 8,504 2,140
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Shrikant Madhav Vaidya Chairman Non Executive Board - -
H. Shankar Director - Technical Executive Board 2020 -
Deepak Srivastava Director - Marketing and MoP&NG Executive Board 2021 42
P.Kannan Director - Operations Executive Board - -
Rohit Kumar Agrawala Director - Finance Executive Board 2022 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Gain insight into Chennai Petroleum Corp Ltd key executives to enhance your sales strategy Gain insight into Chennai Petroleum Corp Ltd key executives to enhance your sales strategy Find out more
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