What we do Chennai Petroleum Corporation Ltd refines crude oil into various petroleum products and manufactures lubricating oil additives, serving India's energy sector. |
Founded in 1,965 |
Market share Operates two refineries with 10.5 MMTPA capacity, key player in southern India's petroleum refining market. |
Problem solved Meets India’s demand for refined petroleum products and petrochemical feedstocks, supporting energy security and industrial growth. |
Top clients or who we serve Supplies fuel and petrochemicals primarily to Indian Oil Corporation, serving B2B customers in energy and petrochemical sectors. |
Key management H. Shankar, Managing Director; leadership recognized for operational excellence and safety. |
Our journey and innovations Evolved since 1965 from 2.5 to 10.5 MMTPA capacity; pioneered indigenous rocket propellant fuel and sustainable aviation fuel production. |
Where we operate Primarily operates in India, with export activities and new refinery ventures in Tamil Nadu. |
Top products or what we offer LPG, petrol, diesel, aviation turbine fuel, lube base stocks, paraffin wax, petrochemical feedstocks, sustainable aviation fuel. |
Top brands Key products include Manali Refinery outputs, Pharma Grade Hexane, Isrosene for ISRO, and sustainable aviation fuels. |
Raw materials needed Primarily crude oil sourced globally and locally, along with chemicals for lubricants and petrochemical feeds. |
Raw materials supplier Procures crude oil from diverse global sources including Nigeria, Iraq, Malaysia, Angola, Qatar, and domestic Brazilian crudes. |
Recurring vs cyclical contribution Revenue largely recurring from refining operations, influenced by crude oil prices and refining margins. |
Our industry position A respected central public sector undertaking with Schedule A status, second largest refinery presence in southern India. |
Financial highlights Revenue Rs. 59,466 Cr and Net Profit Rs. 214 Cr in 2024-25; strong throughput and operational efficiency despite market challenges. |
Geographical revenue split Revenue mainly from Indian market with some exports through Indian Oil Corporation marketing channels. |
Order book - |
Whats driving growth Capacity utilization near 100%, production efficiency, new product launches, and diversification into sustainable fuels. |
Our future plans Large capex in upgrading refineries, launching Group II/III LOBS Project, green hydrogen, and carbon capture initiatives. |
Our green promise Installed 1.04 MW solar power plant, increased RLNG usage to reduce emissions, and commenced carbon capture pilot. |
Our people and values Workforce of 1,413 employees, including 83 women; focus on training, safety, diversity, and inclusive workplace culture. |
Key challenges ahead Managing volatile global crude prices, environmental regulations, competition, and maintaining operational reliability during expansions. |
Interesting facts First Indian PSU to indigenously produce rocket propellant fuel; awarded 'Refinery of the Year 2024'. |
Risks and strategy Mitigates risks via diversification, digital transformation, energy efficiency, and strategic crude sourcing. |
