Confidence Petroleum India Ltd Stock Analysis

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

BSE Share Price 29-May-2023 18:01
66.16 -1.23 (-1.83%)

DeciZen - Make an Informed Decision on Confidence Petroleum

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Confidence Petroleum Price Chart

P/E Ratio ( SA) :
26.72
Market Cap :
1,879 Cr.
52-wk low :
44.2
52-wk high :
89.6
Bole Toh?

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 Strong which suggest that the price of Confidence Petroleum India Ltd is likely to Rise 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'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 4%3.8%-1.6%3.8%5.1%12%19%12.6%10.2%14.3%-
Value Creation Index -0.7-0.7-1.1-0.7-0.6-0.20.4-0.1-0.30.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 2782372663514865748739867801,2781,754
YoY Gr. Rt. %--14.9%12.4%31.6%38.6%18.1%52.3%12.9%-20.9%63.9%-
Adj EPS 0.10.1-0.50.10.212.21.81.62.82.5
YoY Gr. Rt. %-0%-675%NA142.9%476.5%120.4%-16.2%-11.1%76.4%-
BVPS (₹) 8.58.67.57.67.88.713.115.317.720.422.4
Adj Net Profit 2.12.1-121.94.525.359.149.745.880.770
Cash Flow from Ops. 33.336.425.53328.468.452.576.393.4125-
Debt/CF from Ops. 2.21.62.11.620.81.10.80.50.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.5%21.3%13.5%63.9%
Adj EPS 48.7%75.6%9.6%76.4%
BVPS 10.321.416.115.5
Share Price 40.4% 5.2% 54.9% 27.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 10.9-5.812.211.319.612.49.714.611.6
Op. Profit Mgn % 14.215.411.79.88.41213.812.515.413.39.5
Net Profit Mgn % 0.70.9-4.50.50.94.46.855.96.34
Debt to Equity 0.30.30.30.30.30.20.20.10.10.1-
Working Cap Days 14016815111892876471109790
Cash Conv. Cycle 839789675147363852300

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.53%

Sales growth is good in last 4 quarters at 39.73%

Return on Equity has declined versus last 3 years average to 11.60%

Net Profit has been subdued in last 3 years 9.55%

Latest Financials - Confidence Petroleum India Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 2.8
TTM Sales (₹ Cr.) 1,754 1,920
BVPS (₹.) 22.4 26.4
Reserves (₹ Cr.) 608 721
P/BV 2.95 2.51
PE 26.72 23.79
From the Market
52 Week Low / High (₹) 44.20 / 89.60
All Time Low / High (₹) 0.10 / 95.40
Market Cap (₹ Cr.) 1,879
Equity (₹ Cr.) 28.4
Face Value (₹) 1
Industry PE 16.3

Management X-Ray of Confidence Petroleum :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *1.241.151.151.194.905.216.2530.5516.9032.20
* 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 (%)

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 29-May-2023 18:01 is : 66.16.
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 29-May-2023 18:01 the market cap of Confidence Petroleum stood at ₹ 1,879.
The latest PE ratio of Confidence Petroleum as of 29-May-2023 18:01 is 26.72.
The latest PB ratio of Confidence Petroleum as of 29-May-2023 18:01 is 2.95
The 52-week high of Confidence Petroleum is ₹ 89.60 and the 52-week low is ₹ 44.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Confidence Petroleum is ₹ 1,754 ( 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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