Chennai Petroleum Q4 FY26 results: board meet on Apr 24

Event in focus: results and dividend proposal

Chennai Petroleum Corporation Ltd (CPCL) has informed the BSE that its Board of Directors will meet on 24 April 2026. The agenda includes the consideration and approval of audited financial results for the quarter and year ended 31 March 2026. The company also said the board will consider a recommendation of dividend, if any. The disclosure was filed under the company’s exchange intimation related to board meeting schedule. CPCL also scheduled an investor and analyst interaction on the same day.

What the company told the exchanges

In its BSE filing, CPCL stated that the board meeting is scheduled on 24/04/2026 to consider audited financial results for the period ended 31st March 2026. The filing also included the possibility of a dividend recommendation as part of the meeting agenda. Separately, CPCL filed an intimation under Regulation 30 (LODR) regarding an Analyst or Investor Meet, indicating a conference call date and time. These disclosures are part of routine compliance around results announcements for listed companies.

Earnings call scheduled for April 24

CPCL’s investor and analyst conference call is scheduled on 24 April 2026 (Friday) at 03:30 PM IST. The call will be hosted by Elara Securities. The company said senior management, including Director (Finance) Rohit Kumar Agrawala and other Chief General Managers, will participate. The company also indicated multiple dial-in options across time zones for global accessibility and referenced compliance with SEBI requirements on sharing price sensitive information.

Stock snapshot around the announcement window

Market data cited alongside the disclosures showed CPCL’s share price at ₹1,067.90, down ₹1.40 (-0.13%), as on 24 Apr 2026 | 11:37. The same data listed a day range of ₹1,058.50 to ₹1,098.30 and a 52-week range of ₹587.10 to ₹1,103.00, with volume of 1,329,841 shares. Another snapshot showed the stock at ₹1,064.50 (-0.45%) with a market capitalisation of ₹15,851.62 crore and a P/E of 7.41, along with performance readings of 1 month +5.97%, 6 months +42.54%, and 1 year +69.40%.

Recent dividend actions: interim payout already declared

Before the April 24 board meeting, CPCL’s board had already approved an interim dividend of ₹8 per equity share for FY 2025-26. The company set 2 April 2026 as the record date and said the interim dividend would be paid by 25 April 2026 to eligible shareholders. A media report also referenced the interim dividend and the record date, matching the exchange disclosures.

Board and governance updates in recent filings

CPCL also made multiple governance-related filings during late March and early April 2026. The company disclosed the appointment of Shri V C Asokan (DIN: 11646048) as a Non-Executive Nominee Director on the board. It also disclosed the cessation of Shri M Annadurai as a Non-Executive Nominee Director, linked to his superannuation from Indian Oil Corporation Ltd (IOCL), the holding company. CPCL further disclosed the cessation of two Independent Directors upon completion of tenure. In another compliance update, CPCL filed a certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018.

Cost auditor appointment for FY 2026-27

On 26 March 2026, CPCL said it appointed M/s Vivekanandan & Associates as its Cost Auditor for FY 2026-27. The appointment was approved by the board based on recommendations of the Audit Committee. The company described the auditor as a Chennai-based firm with 25 years of cost audit experience across petroleum, chemicals, and steel industries, and stated that the appointment complied with SEBI (LODR) Regulations, 2015.

What earlier financial disclosures show

For context, CPCL’s published results for the period ended 30 September 2025 included the following (Standalone, ₹ crore): Q2 FY26 revenue ₹18,197.62 crore, EBITDA ₹1,710.82 crore, and net profit ₹1,311.71 crore, with EPS ₹7.82. For H1 FY26, CPCL reported revenue of ₹34,578.66 crore, EBITDA of ₹3,328.86 crore, and net profit of ₹2,623.76 crore. The same summary noted gross refinery margin steady at ₹6.20 per barrel for that period. It also stated there were no defaults on loans or debt securities reported.

Separately, CPCL’s Q4 FY2024-25 coverage referenced a net profit of ₹469.90 crore and revenue of ₹17,281.40 crore, alongside a gross refining margin of $1.22 per barrel compared with $1.70 year-on-year. The same update mentioned an inventory gain of ₹125.00 crore during the quarter.

Key facts table

Why April 24 matters for investors

The April 24 board meeting is significant because it combines audited annual numbers with a potential dividend recommendation. For investors tracking refining companies, audited year-end accounts also provide a clearer view of profitability and the effect of factors such as refining margins and inventory movements that can influence quarterly earnings. The same-day investor call can help market participants understand management’s commentary, within the boundaries of disclosure rules.

Company overview and product slate

CPCL traces its origin to a joint venture involving the Government of India (GOI), AMOCO, and National Iranian Oil Company (NIOC). The company’s product portfolio includes LPG, motor spirit, superior kerosene, aviation turbine fuel, high speed diesel, naphtha, bitumen, lube base stocks, paraffin wax, fuel oil, hexane, and petrochemical feed stocks. CPCL is listed on exchanges with BSE scrip 500110 and NSE: CHENNPETRO.

Conclusion

CPCL’s 24 April 2026 board meeting will decide the audited results for the quarter and year ended 31 March 2026 and may include a dividend recommendation. The company has also scheduled a 3:30 PM IST investor call on the same day, while an interim dividend of ₹8 per share is already set for payment by 25 April 2026 based on the 2 April record date.