Confidence Petroleum India Ltd

Confidence Petroleum India Ltd

₹ 91.2 2.59%
22 Apr 12:43 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 2,635 Cr.
  • Current Price 91.2
  • High / Low 120 / 57.5
  • Stock P/E 23.1
  • Book Value 30.5
  • Dividend Yield 0.11 %
  • ROCE 13.1 %
  • ROE 12.3 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 28.2% CAGR over last 5 years
  • Company's median sales growth is 15.7% of last 10 years

Cons

  • Stock is trading at 2.95 times its book value
  • Promoter holding has decreased over last quarter: -5.16%
  • 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

Consolidated Figures in Rs. Crores / View Standalone

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
258 338 222 428 394 384 355 461 720 673 875 639 554
218 287 183 367 345 346 317 405 662 603 799 550 470
Operating Profit 40 51 38 62 49 37 39 56 58 70 76 89 84
OPM % 16% 15% 17% 14% 12% 10% 11% 12% 8% 10% 9% 14% 15%
0 0 1 0 1 4 0 1 4 -1 1 5 9
Interest 2 2 1 2 3 3 3 7 7 6 8 21 19
Depreciation 13 15 16 15 17 19 18 20 20 28 25 26 42
Profit before tax 26 34 22 44 31 19 18 31 36 34 44 47 31
Tax % 25% 26% 25% 25% 24% 25% 26% 26% 26% 28% 26% 34% 15%
20 26 17 35 24 15 14 25 28 26 33 31 27
EPS in Rs 0.73 0.92 0.63 1.18 0.81 0.48 0.50 0.85 0.97 0.86 1.12 1.13 0.94
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
639 316 269 306 355 497 607 1,005 1,078 863 1,428 2,209 2,741
589 275 231 274 320 456 536 878 951 742 1,242 1,986 2,422
Operating Profit 50 41 37 32 35 41 71 126 127 121 186 223 319
OPM % 8% 13% 14% 11% 10% 8% 12% 13% 12% 14% 13% 10% 12%
2 2 2 -14 1 2 3 5 6 3 6 5 13
Interest 17 15 13 12 11 12 12 11 12 9 9 22 54
Depreciation 23 25 22 29 23 24 24 30 51 52 67 85 120
Profit before tax 12 4 3 -22 2 7 38 90 69 63 116 120 157
Tax % 27% 37% 36% -3% 44% 30% 29% 29% 24% 25% 25% 27%
9 2 2 -23 1 5 27 67 52 49 90 93 118
EPS in Rs 0.28 0.08 0.08 -0.89 0.04 0.19 1.04 2.44 1.91 1.74 3.16 3.27 4.05
Dividend Payout % 0% 0% 0% 0% 0% 0% 5% 4% 0% 0% 3% 4%
Compounded Sales Growth
10 Years: 21%
5 Years: 29%
3 Years: 27%
TTM: 43%
Compounded Profit Growth
10 Years: 46%
5 Years: 28%
3 Years: 21%
TTM: 44%
Stock Price CAGR
10 Years: 46%
5 Years: 17%
3 Years: 24%
1 Year: 50%
Return on Equity
10 Years: 10%
5 Years: 14%
3 Years: 12%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 210 212 215 187 188 156 227 365 419 505 666 784 853
97 85 68 62 58 112 82 77 73 88 97 412 445
94 90 98 97 91 113 141 151 186 168 259 417 492
Total Liabilities 428 413 407 372 363 407 476 620 705 789 1,050 1,642 1,818
222 229 226 183 180 199 243 356 378 456 554 706 742
CWIP 30 8 7 15 15 29 23 20 39 19 63 37 42
Investments 7 7 8 8 8 10 13 29 8 12 29 30 30
168 169 166 166 160 170 197 215 281 302 405 868 1,003
Total Assets 428 413 407 372 363 407 476 620 705 789 1,050 1,642 1,818

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
51 39 31 30 35 30 65 68 66 98 103 -136
-24 -14 -19 -13 -22 -108 -24 -152 -93 -142 -169 -170
-25 -27 -12 -13 -16 75 -33 87 25 42 69 357
Net Cash Flow 1 -2 -0 5 -2 -4 8 4 -1 -3 3 51

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 36 77 88 74 57 45 37 21 26 28 17 22
Inventory Days 40 96 120 95 79 55 50 38 33 44 37 61
Days Payable 22 62 79 60 43 29 23 11 11 4 6 27
Cash Conversion Cycle 54 111 129 109 93 71 64 48 48 68 49 56
Working Capital Days 49 92 117 108 92 73 57 49 58 76 59 92
ROCE % 8% 5% 5% 2% 4% 6% 15% 24% 16% 12% 17% 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

Concalls