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Confidence Petroleum share price

Confidence Petroleum India Ltd.

NSE: CONFIPET BSE: 526829 SECTOR: Industrial Gases & Fuels  67k   674   103

86.25
+0.55 (0.64%)
NSE: 29 Sep 03:55 PM

Price Summary

Today's High

₹ 86.7

Today's Low

₹ 85.7

52 Week High

₹ 98.25

52 Week Low

₹ 55.3

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

2457.19 Cr.

Enterprise Value

2922.4 Cr.

No. of Shares

28.49 Cr.

P/E

25.1

P/B

3.39

Face Value

₹ 1

Div. Yield

0.12 %

Book Value (TTM)

₹  25.44

CASH

63.51 Cr.

DEBT

528.72 Cr.

Promoter Holding

61.31 %

EPS (TTM)

₹  3.44

Sales Growth

60.26%

ROE

12.87 %

ROCE

13.98%

Profit Growth

1.25 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of Confidence Petroleum India Ltd.

GOGAS GOGAS ELITE

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year60.26%
3 Year27.6%
5 Year28.99%

Profit Growth

1 Year1.25%
3 Year18.07%
5 Year26.46%

ROE%

1 Year12.87%
3 Year12.58%
5 Year14.16%

ROCE %

1 Year13.98%
3 Year15.84%
5 Year18.57%

Debt/Equity

0.7662

Price to Cash Flow

-59.01

Interest Cover Ratio

7.43868739205527

CFO/PAT (5 Yr. Avg.)

0.964799225986262

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2023 61.31 27.82
Mar 2023 61.45 32.2
Dec 2022 60.26 16.9
Sep 2022 60.08 30.55
Jun 2022 59.7 6.25
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 18.0730157970786% for the Past 3 years.
  • The company has shown a good revenue growth of 27.6010794418975% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 21.5353863856961 days.
  • Company has a healthy liquidity position with current ratio of 2.76558410082404.

 Limitations

  • Company has negative cash flow from operations of -41.64.
  • Promoter pledging is high as 27.82%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
Net Sales 331.11 439.3 658.79 618.9 803.36
Total Expenditure 297.1 389.27 606.08 563.23 738.81
Operating Profit 34.01 50.03 52.71 55.67 64.55
Other Income 0.38 0.83 0.6 3.91 0.4
Interest 1.62 5.28 3.44 4.69 5.13
Depreciation 15.42 15.61 16.37 23.88 21.25
Exceptional Items 0 0 0 0 0
Profit Before Tax 17.35 29.97 33.5 31.01 38.57
Tax 4.54 7.84 8.77 8.97 9.56
Profit After Tax 12.81 22.13 24.73 22.04 29.01
Adjusted EPS (Rs) 0.45 0.78 0.87 0.78 1.02

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 873.34 985.79 779.98 1277.97 2048.1
Total Expenditure 752.83 862.31 659.86 1107.45 1853.34
Operating Profit 120.51 123.48 120.12 170.52 194.76
Other Income 4.22 3.8 1.62 6.77 5.73
Interest 12.21 11.67 10.68 7.84 17.37
Depreciation 28.15 49.42 50.04 61.84 71.28
Exceptional Items 0 0 0 0 0
Profit Before Tax 84.37 66.19 61.02 107.61 111.84
Tax 25.31 16.55 15.26 26.9 30.12
Net Profit 59.06 49.65 45.76 80.71 81.72
Adjusted EPS (Rs.) 2.16 1.81 1.61 2.84 2.88

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 27.38 27.38 28.4 28.4 28.4
Total Reserves 340.79 402.81 484.16 562.03 672.66
Borrowings 29.32 27.22 17.51 20.32 450.87
Other N/C liabilities 90.72 116.7 126.21 150.52 168.02
Current liabilities 47.61 44.55 46.78 59.65 206.3
Total Liabilities 535.82 618.66 703.06 820.92 1526.25
Assets
Net Block 285.09 299.59 367.56 367.49 464.08
Capital WIP 18.73 38.22 18.35 12.27 36.2
Intangible WIP 0 0 0 0 0
Investments 31.71 48.68 50.13 125.34 124.25
Loans & Advances 28.33 49.7 78.02 96.85 331.18
Other N/C Assets 0 0 0 0 0
Current Assets 171.95 182.48 189 218.97 570.54
Total Assets 535.82 618.66 703.06 820.92 1526.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 84.37 66.19 61.02 107.61 111.84
Adjustment 32.4 55.26 55.78 61.5 80.58
Changes in Assets & Liabilities -38.93 -28.6 -8.12 -17.08 -203.94
Tax Paid -25.31 -16.55 -15.26 -26.9 -30.12
Operating Cash Flow 52.53 76.3 93.42 125.13 -41.64
Investing Cash Flow -146.2 -103.97 -126.76 -142.96 -419.31
Financing Cash Flow 97.2 27.75 29.33 17.32 510.41
Net Cash Flow 3.53 0.08 -4.01 -0.51 49.46

Corporate Actions

Investors Details

PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
promoters 59.70 60.08 60.26 61.45 61.31
alpa nitin khara 1.93 1.93 1.93 1.93 1.93
confidence lpg bottling p... 2.24 2.50 2.68 3.87 3.91
elesh punamchand khara 3.39 3.39 3.39 3.39 3.38
essenn lpg bottling priva... 6.72 6.84 6.84 6.84 6.82
gaspoint petroleum india ... 24.95 24.95 24.95 24.95 24.87
harsha khara 1.58 1.58 1.58 1.58 1.57
ilesp p khara (huf) 0.10 0.10 0.10 0.10 0.10
khara software services l... 2.68 2.68 2.68 2.68 2.67
n. n. v. finance limited 1.74 1.74 1.74 1.74 1.74
nalin punamchand khara 4.09 4.09 4.09 4.09 4.08
neela nalin khara 0.81 0.81 0.81 0.81 0.81
nitin punamchand khara 8.29 8.29 8.29 8.29 8.26
rasilaben khara 1.05 1.05 1.05 1.05 1.04
vipin khara 0.13 0.13 0.13 0.13 0.13
PARTICULARS Jun 2022% Sep 2022% Dec 2022% Mar 2023% Jun 2023%
investors 40.30 39.92 39.74 38.55 38.69
cohesion mk best ideas su... 1.74 1.74 1.74 1.74 1.73
quant mutual fund - quant... - - - - 1.23
samrath real infra privat... 1.98 1.98 1.98 1.98 1.98
global strong growth fund... 1.72 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Confidence Petroleum India commissions 13 new Auto LPG Dispensing Stations18 Aug 2023, 10:22AM Confidence Petroleum India informs about updates 18 Aug 2023, 9:35AM Confidence Petroleum - Quaterly Results14 Aug 2023, 10:33PM Confidence Petroleum - Quaterly Results14 Aug 2023, 10:33PM Confidence Petroleum India informs about disclosure16 Jun 2023, 12:34PM Confidence Petroleum India commissions 16 new Auto LPG Dispensing Stations31 May 2023, 3:42PM Confidence Petroleum India informs about outcome of board meeting 30 May 2023, 12:53PM Confidence Petroleum - Quaterly Results30 May 2023, 4:12AM Confidence Petroleum - Quaterly Results30 May 2023, 4:12AM Confidence Petroleum - Quaterly Results30 May 2023, 4:12AM Confidence Petroleum India informs about disclosure8 Feb 2023, 5:19PM Confidence Petroleum - Quaterly Results4 Feb 2023, 8:08PM Confidence Petroleum - Quaterly Results4 Feb 2023, 8:08PM Confidence Petroleum India informs about order receipt31 Jan 2023, 4:48PM Confidence Petroleum India informs about disclosure 2 Jan 2023, 4:23PM Confidence Petroleum India informs about disclosure 15 Dec 2022, 11:40AM Confidence Petroleum India informs about updates24 Nov 2022, 2:50PM Confidence Petroleum India reports 29% fall in Q2 consolidated net profit16 Nov 2022, 3:41PM Confidence Petroleum - Quaterly Results14 Nov 2022, 11:53PM Confidence Petroleum - Quaterly Results14 Nov 2022, 11:53PM Confidence Petroleum India informs about book closure14 Sep 2022, 12:06PM Confidence Petroleum India informs about board meeting2 Sep 2022, 11:45AM Confidence Petroleum India informs about disclosures23 Aug 2022, 4:35PM Confidence Petroleum - Quaterly Results10 Aug 2022, 9:49PM Confidence Petroleum - Quaterly Results10 Aug 2022, 9:49PM Confidence Petroleum India informs about disclosure15 Jul 2022, 9:46AM Confidence Petroleum India informs about disclosure14 Jul 2022, 4:53PM Confidence Petroleum’s Go Gas brand appoints Ajay Devgn as new brand ambassador 28 Jun 2022, 4:51PM Confidence Petroleum India informs about disclosure16 Jun 2022, 11:54AM Confidence Petroleum India informs about disclosure 9 Jun 2022, 12:47PM Confidence Petroleum India informs about company updates6 Jun 2022, 3:56PM Confidence Petroleum India bags prestigious annual rate contract 6 Jun 2022, 3:03PM Confidence Petroleum receives License for commercial operation for CNG Stations at Bangalore6 Jun 2022, 12:30PM Confidence Petroleum India informs about outcome of board meeting28 May 2022, 11:36AM Confidence Petroleum - Quaterly Results28 May 2022, 12:03AM Confidence Petroleum - Quaterly Results28 May 2022, 12:03AM Confidence Petroleum India’s arm gets licenses to manufacture CNG/High Pressure Cylinders in Nagpur26 May 2022, 10:07AM Confidence Petroleum India informs about disclosure7 May 2022, 9:52AM Confidence Petroleum completes investment in Confidence Futuristic Energetech21 Feb 2022, 9:31AM Confidence Petroleum India informs about disclosure18 Feb 2022, 10:32AM Confidence Petroleum India’s arm acquires 50% stake in Maruti Koatsu Cylinders18 Feb 2022, 9:27AM Confidence Petroleum - Quaterly Results31 Jan 2022, 7:51PM Confidence Petroleum - Quaterly Results31 Jan 2022, 7:51PM Confidence Petroleum India informs about disclosures 22 Dec 2021, 4:49PM Confidence Petroleum India informs about disclosure 8 Dec 2021, 10:01AM Confidence Petroleum India informs about disclosures on related party transactions29 Nov 2021, 12:23PM Confidence Petroleum gets nod for investment in Confidence Futuristic Energetech1 Nov 2021, 12:02PM Confidence Petroleum India informs about outcome of board meeting 30 Oct 2021, 11:04AM Confidence Petroleum India informs about outcome of board meeting30 Oct 2021, 10:02AM Confidence Petroleum India informs about board meeting 23 Oct 2021, 10:01AM

Confidence Petroleum Stock Price Analysis and Quick Research Report. Is Confidence Petroleum an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Confidence Petroleum has a PE ratio of 25.0967497890418 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Confidence Petroleum has ROA of 6.96327918301614 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Confidence Petroleum has a Current ratio of 2.76558410082404 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Confidence Petroleum has a ROE of 12.8693926723832 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Confidence Petroleum has a D/E ratio of 0.7662 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Confidence Petroleum has an Inventory turnover ratio of 15.9677230733248 which shows that the management is efficient in relation to its Inventory and working capital management.

  • Sales growth: - Confidence Petroleum has reported revenue growth of 60.2619779807038 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Confidence Petroleum for the current financial year is 9.50930130364728 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Confidence Petroleum is Rs 0.1 and the yield is 0.1158 %.

Last Updated on:
Brief about Confidence Petroleum
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