CONFIPET

Confidence Petroleum India Share Price

₹93.64
+ 2.53 (2.78%)
18 September, 2024 02:40 BSE: 526829 NSE: CONFIPET ISIN: INE552D01024

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Confidence Petroleum India Performance

Day Range

  • Low 88
  • High 96
₹ 93

52 Week Range

  • Low 63
  • High 120
₹ 93
  • Open Price92
  • Previous Close91
  • Volume13235156

Confidence Petroleum India Chart

  • Over 1 Month + 14.84%
  • Over 3 Month + 12.89%
  • Over 6 Month + 5.15%
  • Over 1 Year + 4.16%

Confidence Petroleum India Key Statistics

P/E Ratio 36.9
PEG Ratio -1.7
Market Cap Cr
Price to Book Ratio 2.5
EPS 2.9
Dividend 0.1
Relative Strength Index 67.02
Money Flow Index 81.72
MACD Signal 0.99
Average True Range 3.73

Confidence Petroleum India Investment Rating

  • Master Rating:
  • Confidence Ptl.India has an operating revenue of Rs. 2,601.28 Cr. on a trailing 12-month basis. An annual revenue growth of 23% is outstanding, Pre-tax margin of 5% is okay, ROE of 8% is fair but needs improvement. The company has a reasonable debt to equity of 18%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 6% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 36 which is a POOR score indicating inconsistency in earnings, a RS Rating of 25 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 138 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Confidence Petroleum India Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 771587531600803619
Operating Expenses Qtr Cr 704488457519739563
Operating Profit Qtr Cr 679974816556
Depreciation Qtr Cr 376636212124
Interest Qtr Cr 1625171855
Tax Qtr Cr 55416109
Net Profit Qtr Cr 14925302922
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,5402,054
Operating Expenses Annual Cr 2,2031,856
Operating Profit Annual in Cr 319192
Depreciation Cr 14471
Interest Annual Cr 6515
Tax Annual Cr 3430
Net Profit Annual Cr 9382
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 140-42
Cash from Investing Activity Annual Cr -12-419
Cash from Financing Annual Activity Cr -18510
Net Cash Flow Annual Cr 11149
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,059701
Fixed Assets Annual Cr 786500
Total Non Current Assets Annual Cr 972956
Total Current Assets Annual Cr 884571
Total Assets Annual Cr 1,8561,526
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 3325
ROE Annual % 912
ROCE Annual % 1410
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1310
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 778631554639875673
Operating Expenses Qtr Cr 703520470550799603
Operating Profit Qtr Cr 7511084897670
Depreciation Qtr Cr 416842262528
Interest Qtr Cr 1926192186
Tax Qtr Cr 555161110
Net Profit Qtr Cr 151027323224
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 2,7142,213
Operating Expenses Annual Cr 2,3391,986
Operating Profit Annual in Cr 359223
Depreciation Cr 16085
Interest Annual Cr 7422
Tax Annual Cr 3732
Net Profit Annual Cr 10190
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 263-136
Cash from Investing Activity Annual Cr -375-170
Cash from Financing Annual Activity Cr 222357
Net Cash Flow Annual Cr 11051
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 1,182813
Fixed Assets Annual Cr 926649
Total Non Current Assets Annual Cr 1,152851
Total Current Assets Annual Cr 1,050791
Total Assets Annual Cr 2,2031,642
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 4031
ROE Annual % 911
ROCE Annual % 1310
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1410

Confidence Petroleum India Technicals

EMA & SMA

Current Price
₹93.64
+ 2.53 (2.78%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹88.38
  • 50 Day
  • ₹86.70
  • 100 Day
  • ₹86.51
  • 200 Day
  • ₹86.19
  • 20 Day
  • ₹88.43
  • 50 Day
  • ₹85.83
  • 100 Day
  • ₹84.87
  • 200 Day
  • ₹89.34

Confidence Petroleum India Resistance and Support

PIVOT
₹92.3
Resistance
First Resistance 96.89
Second Resistance 100.14
Third Resistance 104.73
RSI 67.02
MFI 81.72
MACD Single Line 0.99
MACD 1.37
Support
First Support 89.05
Second Support 84.46
Third Supoort 81.21

Confidence Petroleum India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 14,177,912 397,973,990 28.07
Week 4,818,883 165,528,624 34.35
1 Month 2,643,754 99,881,042 37.78
6 Month 2,041,873 79,796,410 39.08

Confidence Petroleum India Result Highlights

Confidence Petroleum India Synopsis

NSE-Utility-Gas Distribution

Confidence Petroleum belongs to the Industry of LPG Bottling/Distribution. Company’s Total Operating Revenue is Rs. 2048.10 Cr. and Equity Capital is Rs. 28.40 Cr. for the Year ended 31/03/2023. Confidence Petroleum India Ltd. is a Public Limited Listed company incorporated on 21/07/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40200MH1994PLC079766 and registration number is 079766.
Market Cap 3,111
Sales 2,489
Shares in Float 14.62
No of funds 31
Yield 0.11
Book Value 2.81
U/D Vol ratio 2.6
LTDebt / Equity 12
Alpha -0.1
Beta 1.25

Confidence Petroleum India Shareholding Pattern

Owner NameJun-24Mar-24Dec-23
Promoters 55.89%56.12%61.63%
Mutual Funds 0.43%1.15%1.25%
Foreign Portfolio Investors 1.94%2.08%2.13%
Individual Investors 28.11%26.62%28.88%
Others 13.63%14.03%6.11%

Confidence Petroleum India Management

Name Designation
Mr. Nitin Khara Chairman & Managing Director
Mr. Elesh Khara Executive Director & CFO
Mrs. Vandana Gupta Ind. Non-Executive Director
Mr. Vaibhav Pradeep Dedhia Ind. Non-Executive Director
Mrs. Mansi Deogirkar Ind. Non-Executive Director
Mr. Sumant Sutaria Ind. Non-Executive Director

Confidence Petroleum India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Confidence Petroleum India Corporate Action

Date Purpose Remarks
2024-08-08 Quarterly Results
2024-05-30 Audited Results & Final Dividend
2024-02-14 Quarterly Results
2023-11-30 Preferential issue of shares
2023-11-10 Quarterly Results
Date Purpose Remarks
2024-09-23 FINAL Rs.0.10 per share(10%)Final Dividend

Confidence Petroleum India FAQs

What is Share Price of Confidence Petroleum India ?

Confidence Petroleum India share price is ₹93 As on 18 September, 2024 | 02:26

What is the Market Cap of Confidence Petroleum India ?

The Market Cap of Confidence Petroleum India is ₹3111.1 Cr As on 18 September, 2024 | 02:26

What is the P/E ratio of Confidence Petroleum India ?

The P/E ratio of Confidence Petroleum India is 36.9 As on 18 September, 2024 | 02:26

What is the PB ratio of Confidence Petroleum India ?

The PB ratio of Confidence Petroleum India is 2.5 As on 18 September, 2024 | 02:26

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