Chennai Petroleum Corporation Limited has informed the Exchange about Transcript
CHENNPETRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
CPCL reported its highest ever crude throughput of 11.71 MMT (112% of installed capacity) for FY26, despite a planned shutdown. The refinery achieved record distillate yield of 79.1%, diesel production of 5.139 MMT, and LPG production of 447 TMT. GRM for FY26 was $9.2/barrel versus Singapore benchmark of $5.83, with Q4 GRM at $13.75/barrel (core GRM $10.3). Debt equity improved significantly to 0.18 gross from 0.39 last year, with net borrowing at INR973 crores. Highest ever dividend of INR62/share declared. Key capex includes INR1,600 crore for Group 2 & 3 LOBS project and INR400 crore for retail outlets over 2-3 years. Management sources crude 55-60% via long-term agreements, with Middle East (majority), Russia (25-30%), and India (10%) making up the mix.
Strong operational performance with record throughput and production, combined with improving debt position, supports shareholder returns. New value-added projects (LOBS, retail) aim to expand margins beyond traditional refining.