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Confidence Petroleum India Ltd

(CONFIPET)

₹69.352.31%

as on 04:01PM, 14 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Confidence Petroleum India Ltd Performance

  • Day's Low

    Day's High

    ₹69.02
    ₹71.51
  • 52 Week's Low

    52 Week's High

    ₹62.55
    ₹120
1 Month Return-15.62 %
3 Month Return-14.95 %
1 Year Return-18.84 %
Previous Close₹70.99
Open₹70.97
Volume5.40L
Upper Circuit-
Lower Circuit-
Market Cap₹2,201.96Cr

Confidence Petroleum India Ltd Key Statistics

P/E Ratio29.02
PEG Ratio-16.68
Market Cap₹2,201.96 Cr
P/B Ratio2.6
EPS3.32
Dividend Yield0.12
SectorMiscellaneous
ROE10.79

Confidence Petroleum India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹2,201.96 Cr32.24%0.66₹105 Cr₹2,698 Cr
NA₹201.14 Cr88.06%0.63-₹5 Cr₹269 Cr
NA₹1,394.14 Cr-4.03%0.73₹44 Cr₹387 Cr
NA₹2,007.84 Cr52.67%0.56-₹51 Cr₹130 Cr
NA₹1,763.43 Cr547.61%0.55₹18 Cr₹28 Cr

About Confidence Petroleum India Ltd

Deversa GasChem is a limited company established in 1994 by Ashok Jain and Narendra Mohnot. To set up two LPG bottling plants, the company came out with a public issue in February 1995 and started commercial production at Pali in March 1995. It launched its product in the Devarsa Gas brand name in Rajasthan, followed by commercial production at Udaipur in March 1996. Deversa GasChem achieved another milestone in 1995-96, when it launched a 25kg gas capacity cylinder for the first time in India, catering to the commercial and industrial segment. The two plants have an installed capacity of 7200 tpa each, with a total capacity of 14400 tpa. Additionally, Deversa GasChem is doing job work and contract filling of cylinders of other companies.

Share Price: ₹69.35 per share as on 14 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,201.96Cr as of today
Revenue: ₹745.76Cr as on September 2024 (Q3 24)
Net Profit: ₹21.75Cr as on September 2024 (Q3 24)
Listing date: 13 Jun, 2019
Chairperson Name: Nitin Khara
OrganisationConfidence Petroleum India Ltd
HeadquartersNagpur
IndustryMiscellaneous
E-voting on sharesClick here to vote

Key events for Confidence Petroleum India Ltd

  • Confidence Petroleum India's Dilution Impacts Shareholders - 09 Jun, 2024

    Confidence Petroleum India has increased the number of shares by 14% over the last year, leading to dilution and impacting shareholder returns. However, its EPS has grown impressively in the last three years.

  • Confidence Petroleum India Ltd Stock Drops 17% - 05 Jun, 2024

    Last week, Confidence Petroleum India Ltd's stock price dropped by 17%. The company is mostly owned by private companies with a majority stake of 52%, while less than 5% is held by institutional investors. Nitin Khara, the third-largest shareholder, also serves as Chairman of the Board. With only 8.7% ownership, public companies have limited influence over the company.

  • Confidence Petroleum India Q4 Net Profit Declines 48% - 03 Jun, 2024

    Confidence Petroleum India's consolidated net profit declined by 48.36% to Rs 9.92 crore in Q4 FY24 compared to the same period last year, due to increased expenses and finance costs. However, on a full-year basis, the company's net profit jumped 25.22% to Rs 101.37 crore with a 22.39% increase in revenue from operations to Rs 2,698.47 crore in FY24 over FY23.

Insights on Confidence Petroleum India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.94% to 2.04% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 9.92 Cr → 17.74 Cr (in ₹), with an average increase of 24.7% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, GAIL India Ltd has given 94.6% return, outperforming this stock by 111.0%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 55.89% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, GAIL India Ltd has given 49.4% return, outperforming this stock by 68.3%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 41.65% to 41.64% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, CONFIPET stock has moved down by -7.9%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 783.4 Cr → 756.88 Cr (in ₹), with an average decrease of 3.4% per quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 0.43% to 0.33% in Sep 2024 quarter

Confidence Petroleum India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹638.52Cr (-)₹554.29Cr (↓13.19%)₹630.54Cr (↑13.76%)₹777.93Cr (↑23.38%)₹745.76Cr (↓4.14%)
Net Income₹30.74Cr (-)₹27.44Cr (↓10.74%)₹13.93Cr (↓49.23%)₹15.44Cr (↑10.84%)₹21.75Cr (↑40.87%)
Net Profit Margin4.81% (-)4.95% (↑2.91%)2.21% (↓55.35%)1.98% (↓10.41%)2.92% (↑47.47%)
Value in ₹ crore
Details2021202220232024
Total Assets₹704.59Cr (-)₹820.93Cr (↑16.51%)₹1,524.04Cr (↑85.65%)₹1,863.26Cr (↑22.26%)
Total Liabilities₹192.03Cr (-)₹230.50Cr (↑20.03%)₹830.50Cr (↑260.30%)₹804.42Cr (↓3.14%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹76.30Cr (-)₹93.43Cr (↑22.45%)₹125.13Cr (↑33.93%)-₹24.95Cr (↓119.94%)₹140.41Cr (↓662.77%)

Index Inclusions

S&P BSE Energy

₹11,145.37

-0.03 (-3.26%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,381.98

0.83 (429.19%)

Confidence Petroleum India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.89%
0.00
Foreign Institutions
2.04%
5.05
Mutual Funds
0.33%
-22.31
Retail Investors
41.64%
-0.02
Others
0.1%
8.49

Confidence Petroleum India Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)15.9318.4124.0926.9236.16
Details20202021202220232024
Earning Per Share (₹)1.921.673.082.963.32
Details20202021202220232024
Return On Equity %12.779.9314.9211.5810.79
Details20202021202220232024
Return On Assets %8.477.0110.935.315.44

Confidence Petroleum India Ltd Valuation

Confidence Petroleum India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.46x)

March 23, 2020

Today (29.02x)

November 14, 2024

Industry (45.40x)

November 14, 2024

Highest (47.18x)

March 4, 2021

LowHigh

Confidence Petroleum India Ltd Earnings and Dividends

  • Confidence Petroleum India Ltd Earnings Results

    Confidence Petroleum India Ltd’s net profit fell -33.53% since last year same period to ₹17.74Cr in the Q2 2024-2025. On a quarterly growth basis, Confidence Petroleum India Ltd has generated 18.19% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Confidence Petroleum India Ltd Dividends June,2024

    In the quarter ending March 2024, Confidence Petroleum India Ltd has declared dividend of ₹0.10 - translating a dividend yield of 0.14%.

    Read More about Dividends

Confidence Petroleum India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Confidence Petroleum India Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Confidence Petroleum India Ltd

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Confidence Petroleum India Ltd (CONFIPET) share price today is ₹69.35

Confidence Petroleum India Ltd is listed on NSE

Confidence Petroleum India Ltd is listed on BSE

  • Today’s highest price of Confidence Petroleum India Ltd is ₹71.51.
  • Today’s lowest price of Confidence Petroleum India Ltd is ₹69.02.

PE Ratio of Confidence Petroleum India Ltd is 29.02

PE ratio = Confidence Petroleum India Ltd Market price per share / Confidence Petroleum India Ltd Earnings per share

Today’s traded volume of Confidence Petroleum India Ltd(CONFIPET) is 5.40L.

Today’s market capitalisation of Confidence Petroleum India Ltd(CONFIPET) is ₹2201.96Cr.

Confidence Petroleum India Ltd(CONFIPETPrice
52 Week High
₹120
52 Week Low
₹62.55

Confidence Petroleum India Ltd(CONFIPET) share price is ₹69.35. It is down -42.21% from its 52 Week High price of ₹120

Confidence Petroleum India Ltd(CONFIPET) share price is ₹69.35. It is up 10.87% from its 52 Week Low price of ₹62.55

Confidence Petroleum India Ltd(CONFIPETReturns
1 Day Returns
-1.64%
1 Month Returns
-15.62%
3 Month Returns
-14.95%
1 Year Returns
-18.84%