Confidence Petroleum India Ltd - Stock Valuation and Financial Performance

BSE: 526829 | NSE: CONFIPET | Industrial Gases & Fuels | Small Cap

Confidence Petroleum Share Price

72.11 -0.82 -1.12%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Confidence Petroleum

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Confidence Petroleum India stock performance -

mw4me loader
P/E Ratio (SA):
35.19
Market Cap:
2,395.8 Cr.
52-wk low:
62.7
52-wk high:
120

Is Confidence Petroleum India Ltd an attractive stock to invest in?

1. Is Confidence Petroleum India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Confidence Petroleum India Ltd is a average quality company.

2. Is Confidence Petroleum India Ltd undervalued or overvalued?

The key valuation ratios of Confidence Petroleum India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Confidence Petroleum India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Confidence Petroleum India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Confidence Petroleum:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Confidence Petroleum India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -4.4%5.5%7.2%17.5%26.7%16.8%13.1%19.2%13.2%15%-
Value Creation
Index
-1.3-0.6-0.50.30.90.2-0.10.4-0.10.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2663514865748739867801,2782,0442,5222,600
Sales YoY Gr.-31.6%38.6%18.1%52.3%12.9%-20.9%63.9%60%23.4%-
Adj EPS -0.50.10.212.21.81.62.82.62.92.1
YoY Gr.-NA142.9%476.5%120.4%-16.2%-11.1%76.4%-9.5%11.7%-
BVPS (₹) 7.57.67.88.713.115.317.720.422.932.334.7
Adj Net
Profit
-121.94.525.359.149.745.880.773.191.268
Cash Flow from Ops. 25.53328.468.452.576.393.4125-25140-
Debt/CF from Ops. 2.11.620.81.20.80.60.4-21.22.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 28.4%23.6%47.9%23.4%
Adj EPS NA5.9%21.3%11.7%
BVPS17.6%19.8%22.2%40.8%
Share Price 40.5% 21.5% -1.8% -20.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-5.812.211.319.612.49.714.611.410.46.1
Op. Profit
Mgn %
11.79.88.211.813.412.314.913.29.112.612
Net Profit
Mgn %
-4.50.50.94.46.855.96.33.63.62.6
Debt to
Equity
0.30.30.30.20.20.10.10.10.80.30.2
Working Cap
Days
151118928764711097910111168
Cash Conv.
Cycle
8866514736385230232333

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 47.86%

Net Profit is growing at healthy rate in last 3 years 21.25%

Return on Equity has declined versus last 3 years average to 6.10%

Sales growth is not so good in last 4 quarters at -2.37%

Latest Financials - Confidence Petroleum India Ltd.

Standalone Consolidated
TTM EPS (₹) 2.1 2.1
TTM Sales (₹ Cr.) 2,600 2,709
BVPS (₹.) 34.7 38.5
Reserves (₹ Cr.) 1,073 1,245
P/BV 2.08 1.87
PE 35.19 34.35
From the Market
52 Week Low / High (₹) 62.65 / 119.95
All Time Low / High (₹) 0.10 / 119.95
Market Cap (₹ Cr.) 2,396
Equity (₹ Cr.) 33.2
Face Value (₹) 1
Industry PE 16

Management X-Ray of Confidence Petroleum:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *6.2530.5516.9032.2027.823.825.155.154.944.94
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Confidence Petroleum

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales2663514865748739867801,2782,0442,522
Operating Expenses 2353164465067578656641,1091,8582,203
Manufacturing Costs56689377932415184398
Material Costs1512113013845897485749861,6561,976
Employee Cost 8121616254030414520
Other Costs 2025362950534563115109
Operating Profit 31344068117121116169186319
Operating Profit Margin (%) 11.7%9.8%8.2%11.8%13.4%12.3%14.9%13.2%9.1%12.6%
Other Income 11224427719
Interest 1111121189762065
Depreciation 282224232849506271144
Exceptional Items -16000000000
Profit Before Tax -223636846661108102128
Tax 11211251715272934
Profit After Tax -232525595046817393
PAT Margin (%) -8.6%0.5%0.9%4.4%6.8%5.0%5.9%6.3%3.6%3.7%
Adjusted EPS (₹)-0.90.10.21.02.21.81.62.82.62.9
Dividend Payout Ratio (%)0%0%0%5%5%0%6%4%4%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 1941962112353684295135906621,035
Share Capital 26262626272728282832
Reserves 1681701852093414024845626331,004
Minority Interest0000000000
Debt5453585261595254529256
Long Term Debt111112929271820451124
Short Term Debt424245433132353478132
Trade Payables2424212311551511457
Others Liabilities 3742628095125133161220507
Total Liabilities 3093153513905366197038211,5241,856

Fixed Assets

Gross Block2843063494005265907087557621,200
Accumulated Depreciation144166190213241290340387297436
Net Fixed Assets140140159187285300368367464764
CWIP 14142422193818123621
Investments 23222325464950125124129
Inventories5250465156526062195115
Trade Receivables454853505760615377127
Cash Equivalents 131310151819151465249
Others Assets2328363955101132187562451
Total Assets 3093153513905366197038211,5241,856

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 26332868537693125-25140
PBT -73636846661108102128
Adjustment 383235333255566284201
Changes in Working Capital -5-1-1110-39-29-8-17-182-148
Tax Paid -1-1-2-11-25-17-15-27-29-40
Cash Flow From Investing Activity -10-26-57-55-146-104-127-143-466-12
Capex -18-22-53-49-123-83-98-56-192-226
Net Investments 51-1-2-21-20000
Others 2-4-3-4-2-18-29-87-274214
Cash Flow From Financing Activity -12-725-897282917494-18
Net Proceeds from Shares 00007813000250
Net Proceeds from Borrowing -1-100-2000431-275
Interest Paid -11-11-12-11-8-9-7-6-20-45
Dividend Paid 000-2-4-1-3-3-3-3
Others 05364332440278655
Net Cash Flow 40-4540-4-13111
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-11.080.962.2711.920.312.799.9414.9211.8811.14
ROCE (%)-4.395.477.1917.4526.6816.7513.1419.1913.2215.03
Asset Turnover Ratio0.881.211.551.571.891.711.181.681.741.49
PAT to CFO Conversion(x)N/A16.55.62.720.91.522.021.54-0.341.51
Working Capital Days
Receivable Days57453632222228161215
Inventory Days66493431222026172322
Payable Days60422721114341416

Confidence Petroleum India Ltd Stock News

Confidence Petroleum India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Confidence Petroleum on 20-Dec-2024 16:59 is ₹72.11.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Confidence Petroleum stood at ₹2,395.8.
The latest P/E ratio of Confidence Petroleum as of 20-Dec-2024 16:59 is 35.19.
The latest P/B ratio of Confidence Petroleum as of 20-Dec-2024 16:59 is 2.08.
The 52-week high of Confidence Petroleum is ₹120.0 and the 52-week low is ₹62.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Confidence Petroleum is ₹2,600 ( Cr.) .

About Confidence Petroleum India Ltd

Confidence Petroleum India Limited, a Confidence group company was started in 1993, today this  group has 8 cylinder manufacturing plants, 55 bottling units and network across India. Confidence group enjoys the status of the largest cylinder manufacturer in Asia along with the largest private LPG (Liquefied Petroleum Gas) bottler and bottling assistance provider in India.

Business profile :

It has presence in LPG and allied business like cylinder manufacturing, bottling assistance to oil major PSU, CNG and Hi Pressure Cylinder manufacturing, Auto LPG dispensing stations, LPG cylinders maintenance, ethanol, crude distillation, LPG/CNG engineering services and logistics streams. It is commissioning, state of the art CNG & and Hi Pressure Cylinder manufacturing unit at SEZ Vizag in Andhra Pradesh.

Apart from India, Confidence group has rolled out production from its cylinder manufacturing and bottling plants in Indonesia. And it has strategic tie ups with companies in China and Israel for redistribution of products and services in LPG and Future fuel or gas segments.

Product and Services:

  • Go Gas (Auto LPG Dispensing Stations) ALDS
  • CNG/High Pressure Cylinder manufacturing
  • LPG bottling services
  • LPG Cylinder Manufacturing
  • Go Gas Auto LPG Dispensing Stations
  • LPG - Transport Logistics
  • LPG/CNG Meters
  • Auto Meter Reading Solutions (AMR)

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