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Confidence Petroleum India Ltd

CONFIPET

Confidence Petroleum India Ltd

CONFIPET
EnergyOil & Gas - Storage & Transportation
SmallcapWith a market cap of ₹2,292 cr, stock is ranked 1,059
High RiskStock is 3.48x as volatile as Nifty
66.184.11% (-2.84)
66.184.11% (-2.84)

Price Chart

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EnergyOil & Gas - Storage & Transportation
SmallcapWith a market cap of ₹2,292 cr, stock is ranked 1,059
High RiskStock is 3.48x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Avg

Financials growth has been moderate for a few years

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

EnergyOil & Gas - Storage & Transportation
SmallcapWith a market cap of ₹2,292 cr, stock is ranked 1,059
High RiskStock is 3.48x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.871.810.14%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
11.601.512.22%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Confidence Petroleum India is a manufacturer of liquefied petroleum gas (LPG) cylinders for domestic, as well as commercial use and is also engaged in the sale of cylinder, LPG bottling, and filling/DPT/transport

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 21.89%, vs industry avg of 6.94%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 2.04% to 3.91%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 8.7%, vs industry avg of 22.59%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue356.17498.69609.911,009.201,083.42865.931,434.102,214.752,715.802,736.80
Raw Materialssubtract256.38366.21451.06746.58810.61648.281,125.311,886.562,004.962,361.26
Power & Fuel Costsubtract4.205.305.139.026.396.708.2613.2315.19
Employee Costsubtract12.5419.2022.0032.9645.5134.4147.2355.2930.86
Selling & Administrative Expensessubtract21.0932.2627.0648.7251.1744.5163.53127.34114.50
Operating & Other expensessubtract25.8432.6930.4740.7937.498.20-2.65-93.93173.61
Depreciation/Amortizationsubtract23.1724.1624.5029.8051.2152.1966.7584.08160.31193.98
Interest & Other Itemssubtract11.0311.9612.0910.9211.618.619.2927.3673.8084.36
Taxes & Other Itemssubtract0.851.9010.7823.6217.0113.6226.6433.8741.2027.45
EPS0.040.191.042.511.911.773.162.853.372.20
DPS0.000.000.050.100.000.000.100.100.100.10
Payout ratio0.000.000.050.040.000.000.030.040.030.05

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2021

Annual report

PDF

Investor Presentation

May 18PDF
FY 2022

Annual report

PDF

Investor Presentation

Sep 27PDF
FY 2023

Annual report

PDF

Investor Presentation

Sep 19PDF
 

Peers & Comparison

Comparing 3 stocks from 
EnergyOil & Gas - Storage & Transportation

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Confidence Petroleum India Ltd22.621.810.14%
Petronet LNG Ltd12.892.703.19%
Aegis Logistics Ltd51.796.610.77%
Great Eastern Shipping Company Ltd5.801.224.12%

Price Comparison

Compare CONFIPET with any stock or ETF
Compare CONFIPET with any stock or ETF
CONFIPET
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding55.89%0.33%0.10%2.04%41.64%

Feb 2024

Mar 2024

Jun 2024

Sep 2024

Shareholding History

SepDec '23FebMarJunSep2.23%2.13%1.94%2.08%1.94%2.04%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Confidence Petroleum India Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
Quant Value Fund - Direct Plan Growth Growth

Growth
0.2988%0.35%-0.02%34/42 (-8)
Motilal Oswal Nifty Microcap 250 Index Fund - Growth - Direct Plan

Growth
0.0824%0.11%-0.02%147/310 (-2)
Groww Nifty Total Market Index Fund - Growth - Direct Plan

Growth
0.0004%0.00%-0.00%101/801 (-1)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 23, 2024

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 23, 2024

Cash Dividend

Ex DateEx DateSep 22, 2023

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 22, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateSep 22, 2021

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Sep 22, 2021

Cash Dividend

Ex DateEx DateOct 28, 2020

Final
Final | Div/Share: ₹0.08

Dividend/Share

0.08

Ex DateEx Date

Oct 28, 2020

News & Opinions
Corporate
Confidence Petroleum India announces board meeting date

Confidence Petroleum India will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Confidence Petroleum India to hold AGM

Confidence Petroleum India announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Confidence Petroleum India schedules AGM

Confidence Petroleum India announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live

2 months agoCapital Market - Live
Earnings
Confidence Petroleum India consolidated net profit declines 53.12% in the June 2024 quarter

Net profit of Confidence Petroleum India declined 53.12% to Rs 15.01 crore in the quarter ended June 2024 as against Rs 32.02 crore during the previous quarter ended June 2023. Sales declined 11.11% to Rs 777.93 crore in the quarter ended June 2024 as against Rs 875.13 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales777.93875.13 -11 OPM %9.658.73 - PBDT61.6469.87 -12 PBT20.6544.61 -54 NP15.0132.02 -53 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Confidence Petroleum India schedules board meeting

Confidence Petroleum India will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Confidence Petroleum commissions 13 more Auto LPG Dispensing Stations

Confidence Petroleum India has commissioned (13) thirteen additional Auto LPG Dispensing Stations, bringing the total to 274 ALDS stations. The company said, The company is ambitiously targeting the completion of (100) hundred Auto LPG stations by the end of the fiscal year 2024-2025. We are thrilled to announce that (26) twenty six stations are already up and running, marking a strong start towards this goal.Powered by Capital Market - Live

3 months agoCapital Market - Live
Tie-Up With Singapore’s BW LPG Will Have Lots Of Synergistic Benefits: Confidence Petroleum
11 months agoCNBC-TV18
Targeting 500 LPG Dispensation Stations By 2025: Confidence Petroleum | CNBC TV18
1 year agoCNBC-TV18

Confidence Petroleum Stock Gains After Opening 13 New LPG Stations

1 year agoBloomberg Quint

Confidence Petroleum shares up 2% on 13 new outlets opening

1 year agoMoneycontrol