Confidence Petroleum India Ltd

Confidence Petroleum India Ltd

₹ 91.5 0.64%
25 Apr 1:02 p.m.
About

Confidence Petroleum India Ltd is engaged in manufacturing of LPG cylinders and is also a supplier of auto LPG in India with its network of bottling plants and Auto LPG dispensing stations across India. It also supplies packed LPG cylinders and is also engaged in LPG bottling catering to industrial and commercial customers.[1]

Key Points

Business Segments

  • Market Cap 2,645 Cr.
  • Current Price 91.5
  • High / Low 120 / 57.5
  • Stock P/E 25.0
  • Book Value 26.3
  • Dividend Yield 0.11 %
  • ROCE 13.5 %
  • ROE 12.7 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 26.5% CAGR over last 5 years
  • Company's median sales growth is 18.1% of last 10 years

Cons

  • Promoter holding has decreased over last quarter: -5.51%
  • Company has a low return on equity of 12.5% over last 3 years.

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
232 309 206 371 376 325 331 439 659 619 803 600 531
193 260 166 316 331 296 297 389 606 563 739 519 457
Operating Profit 39 49 40 55 45 29 34 50 53 56 65 81 74
OPM % 17% 16% 19% 15% 12% 9% 10% 11% 8% 9% 8% 14% 14%
0 0 1 0 1 5 0 1 1 4 0 4 8
Interest 2 2 1 1 2 2 2 5 3 5 5 18 17
Depreciation 12 14 15 14 15 18 15 16 16 24 21 21 36
Profit before tax 25 34 25 39 29 14 17 30 34 31 39 46 29
Tax % 25% 25% 25% 25% 25% 25% 26% 26% 0% 29% 25% 35% 14%
19 25 19 30 22 11 13 22 34 22 29 30 25
EPS in Rs 0.69 0.89 0.66 1.04 0.77 0.37 0.45 0.78 1.18 0.78 1.02 1.06 0.86
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
400 278 237 266 351 486 574 873 986 780 1,278 2,048 2,553
360 239 200 235 316 446 506 757 865 664 1,109 1,856 2,278
Operating Profit 40 39 37 31 34 40 68 117 121 116 169 192 275
OPM % 10% 14% 15% 12% 10% 8% 12% 13% 12% 15% 13% 9% 11%
1 2 1 -15 1 2 2 4 4 2 7 6 16
Interest 15 14 13 11 11 12 11 8 9 7 6 15 45
Depreciation 22 24 22 28 22 24 23 28 49 50 62 71 102
Profit before tax 4 3 3 -22 3 6 36 84 66 61 108 112 145
Tax % 30% 33% 33% -2% 31% 30% 30% 30% 25% 25% 25% 27%
3 2 2 -23 2 4 25 59 50 46 81 82 106
EPS in Rs 0.12 0.08 0.08 -0.89 0.07 0.17 0.98 2.16 1.81 1.61 2.84 2.88 3.72
Dividend Payout % 0% 0% 0% 0% 0% 0% 5% 5% 0% 6% 4% 3%
Compounded Sales Growth
10 Years: 22%
5 Years: 29%
3 Years: 28%
TTM: 46%
Compounded Profit Growth
10 Years: 44%
5 Years: 26%
3 Years: 18%
TTM: 34%
Stock Price CAGR
10 Years: 46%
5 Years: 17%
3 Years: 22%
1 Year: 53%
Return on Equity
10 Years: 10%
5 Years: 13%
3 Years: 12%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 26 26 26 26 26 26 26 27 27 28 28 28 28
Reserves 191 194 196 168 170 185 209 341 402 484 562 673 733
82 73 59 54 53 58 52 61 59 52 58 536 150
62 56 61 61 66 83 103 107 130 138 172 290 665
Total Liabilities 360 349 341 309 315 351 390 536 619 703 821 1,526 1,576
180 184 183 140 140 159 187 285 300 368 367 464 506
CWIP 20 3 1 14 14 24 22 19 38 18 12 36 41
Investments 34 33 28 23 22 23 25 46 49 50 125 124 126
126 128 128 132 139 145 156 186 232 267 316 902 902
Total Assets 360 349 341 309 315 351 390 536 619 703 821 1,526 1,576

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
38 33 36 26 33 28 68 53 76 93 125 -42
-16 -10 -14 -10 -26 -57 -55 -146 -104 -127 -143 -419
-20 -23 -23 -12 -7 25 -8 97 28 29 17 510
Net Cash Flow 2 0 -1 4 0 -4 5 4 0 -4 -0 49

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 41 61 70 61 50 40 32 24 22 29 15 14
Inventory Days 56 96 155 99 72 48 44 32 25 38 23 43
Days Payable 21 45 75 47 36 21 20 6 3 3 6 23
Cash Conversion Cycle 76 112 150 113 87 66 56 49 45 63 32 34
Working Capital Days 61 84 112 110 84 69 52 51 55 74 50 67
ROCE % 6% 6% 6% 2% 5% 7% 17% 26% 16% 13% 19% 13%

Shareholding Pattern

Numbers in percentages

15 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
57.41% 57.96% 58.95% 59.53% 59.70% 60.07% 60.26% 61.45% 61.32% 61.32% 61.63% 56.12%
6.41% 6.57% 6.27% 5.97% 4.33% 3.34% 2.89% 2.73% 1.94% 2.23% 2.13% 2.08%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.74% 0.92% 1.23% 1.26% 1.25% 1.19%
36.19% 35.47% 34.78% 34.51% 35.97% 36.58% 36.10% 34.89% 35.53% 35.21% 35.00% 40.62%
No. of Shareholders 59,62162,77568,42774,80577,14172,22567,93767,07166,82372,78880,7531,06,891

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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