Confidence Futuristic Energetech Ltd

Confidence Futuristic Energetech Ltd

₹ 106 1.29%
24 Jun - close price
About

Incorporated in 1985, Confidence Futuristic Energetch Ltd is in the business of CNG /
Oxygen Cylinder[1]

Key Points

Business Overview:[1]
CFEL is a part of Confidence Group and is a subsidiary of Confidence Petroleum India Limited. Company, along with its subsidiary companies, manufactures CNG High Pressure Cylinder, LPG cylinders, CNG Cascade, Medical Oxygen cylinders and high-pressure Seamless Steel Gas Cylinders for Industrial gases

  • Market Cap 266 Cr.
  • Current Price 106
  • High / Low 159 / 96.0
  • Stock P/E 31.3
  • Book Value 62.7
  • Dividend Yield 0.35 %
  • ROCE 7.07 %
  • ROE 5.56 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 18.4%

Cons

  • Company has a low return on equity of 4.83% over last 3 years.
  • Contingent liabilities of Rs.86.9 Cr.
  • Debtor days have increased from 58.9 to 78.1 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Trading Industry: Trading

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.15 4.04 13.39 11.66 24.45 21.83 25.41 26.68 48.44 48.35 25.67 29.77 72.12
0.05 6.61 9.17 8.74 21.88 19.37 20.28 20.96 41.00 39.04 21.39 24.20 66.79
Operating Profit 0.10 -2.57 4.22 2.92 2.57 2.46 5.13 5.72 7.44 9.31 4.28 5.57 5.33
OPM % 66.67% -63.61% 31.52% 25.04% 10.51% 11.27% 20.19% 21.44% 15.36% 19.26% 16.67% 18.71% 7.39%
0.00 0.00 0.00 0.02 1.26 0.39 0.55 0.63 1.10 0.72 0.66 0.64 0.72
Interest 0.00 0.00 0.13 0.25 1.51 0.60 1.20 1.55 2.12 1.52 1.44 1.56 1.98
Depreciation 0.09 0.55 0.55 1.24 0.31 1.56 3.39 3.39 1.97 3.10 3.26 3.18 1.68
Profit before tax 0.01 -3.12 3.54 1.45 2.01 0.69 1.09 1.41 4.45 5.41 0.24 1.47 2.39
Tax % 0.00% 25.00% 25.14% 24.83% 26.87% 26.09% 21.10% 23.40% 15.96% 27.36% -4.17% 80.27% -11.30%
0.01 -2.34 2.66 1.08 1.78 0.51 0.86 1.08 4.71 3.71 -0.18 0.61 3.74
EPS in Rs 0.02 -4.42 5.02 0.43 0.71 0.20 0.34 0.43 1.87 1.57 0.01 0.35 1.26
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
1 54 122 176
1 46 102 151
Operating Profit 0 7 21 24
OPM % 19% 13% 17% 14%
0 2 4 3
Interest 0 2 5 6
Depreciation 0 3 11 11
Profit before tax 0 4 8 10
Tax % 0% 24% 20% 23%
0 3 6 8
EPS in Rs 0.02 1.27 2.57 3.44
Dividend Payout % 1,500% 30% 15% 11%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 400%
TTM: 44%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 847%
TTM: 32%
Stock Price CAGR
10 Years: %
5 Years: 35%
3 Years: 79%
1 Year: -33%
Return on Equity
10 Years: %
5 Years: %
3 Years: 5%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 2 13 13 13
Reserves 7 131 136 144
21 53 91 60
2 14 30 34
Total Liabilities 31 211 269 252
1 25 83 86
CWIP 0 49 1 1
Investments 0 22 23 23
30 114 162 141
Total Assets 31 211 269 252

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
-17 -39 -28 28
0 -133 -2 13
17 173 31 -39
Net Cash Flow 0 1 1 2

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 26 36 63 78
Inventory Days 0 281 302 160
Days Payable 15 69 50
Cash Conversion Cycle 26 302 296 187
Working Capital Days -26 306 276 180
ROCE % 5% 6%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.99% 56.99% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87% 61.87%
43.01% 43.01% 38.13% 38.13% 38.13% 38.13% 38.13% 38.13% 38.14% 38.14% 38.13% 38.13%
No. of Shareholders 5135145925945945921,4491,5231,9822,0652,3393,011

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