Confidence Petroleum India Ltd

₹ 70.6 -0.56%
02 Feb 2:23 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
The company is present in various verticals of the LPG industry in India: [1]

  • Market Cap 2,004 Cr.
  • Current Price 70.6
  • High / Low 89.6 / 44.2
  • Stock P/E 26.8
  • Book Value 25.8
  • Dividend Yield 0.14 %
  • ROCE 17.8 %
  • ROE 14.6 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 23.7 to 17.4 days.

Cons

  • Company has a low return on equity of 12.6% 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

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
277 256 265 93 174 258 338 222 428 394 384 355 461
245 218 243 89 148 218 287 183 367 345 346 317 405
Operating Profit 31 39 22 4 26 40 51 38 62 49 37 39 56
OPM % 11% 15% 8% 4% 15% 16% 15% 17% 14% 12% 10% 11% 12%
1 1 1 1 1 0 0 1 0 1 4 0 1
Interest 3 3 3 2 2 2 2 1 2 3 3 3 7
Depreciation 12 13 14 12 12 13 15 16 15 17 19 18 20
Profit before tax 18 24 5 -10 13 26 34 22 44 31 19 18 31
Tax % 19% 25% 24% 25% 22% 25% 26% 25% 25% 24% 25% 26% 26%
Net Profit 15 18 5 -7 10 20 26 17 35 24 15 14 25
EPS in Rs 0.53 0.66 0.17 -0.26 0.37 0.73 0.92 0.63 1.18 0.81 0.48 0.50 0.85
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
1,153 639 316 269 306 355 497 607 1,005 1,078 863 1,428 1,594
1,032 589 275 231 274 320 456 536 878 951 742 1,242 1,413
Operating Profit 121 50 41 37 32 35 41 71 126 127 121 186 181
OPM % 10% 8% 13% 14% 11% 10% 8% 12% 13% 12% 14% 13% 11%
1 2 2 2 -14 1 2 3 5 6 3 6 7
Interest 13 17 15 13 12 11 12 12 11 12 9 9 15
Depreciation 19 23 25 22 29 23 24 24 30 51 52 67 73
Profit before tax 89 12 4 3 -22 2 7 38 90 69 63 116 100
Tax % 25% 27% 37% 36% -3% 44% 30% 29% 29% 24% 25% 25%
Net Profit 67 9 2 2 -23 1 5 27 67 52 49 90 77
EPS in Rs 2.43 0.28 0.08 0.08 -0.89 0.04 0.19 1.04 2.44 1.91 1.74 3.16 2.64
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 5% 4% 0% 0% 0%
Compounded Sales Growth
10 Years: 8%
5 Years: 24%
3 Years: 12%
TTM: 28%
Compounded Profit Growth
10 Years: 29%
5 Years: 78%
3 Years: 10%
TTM: -22%
Stock Price CAGR
10 Years: 37%
5 Years: 17%
3 Years: 39%
1 Year: -5%
Return on Equity
10 Years: 9%
5 Years: 14%
3 Years: 13%
Last Year: 15%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
26 26 26 26 26 26 26 26 27 27 28 28 28
Reserves 205 210 212 215 187 188 156 227 365 419 505 666 704
114 97 85 68 62 58 112 82 77 73 88 97 185
108 94 90 98 97 91 113 141 151 186 168 259 303
Total Liabilities 454 428 413 407 372 363 407 476 620 705 789 1,050 1,220
233 222 229 226 183 180 199 243 356 378 456 554 623
CWIP 27 30 8 7 15 15 29 23 20 39 19 63 36
Investments 7 7 7 8 8 8 10 13 29 8 12 29 30
186 168 169 166 166 160 170 197 215 281 302 405 532
Total Assets 454 428 413 407 372 363 407 476 620 705 789 1,050 1,220

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
86 51 39 31 30 35 30 65 68 66 98 103
-92 -24 -14 -19 -13 -22 -108 -24 -152 -93 -142 -169
10 -25 -27 -12 -13 -16 75 -33 87 25 42 69
Net Cash Flow 4 1 -2 -0 5 -2 -4 8 4 -1 -3 3

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 28 36 77 88 74 57 45 37 21 26 28 17
Inventory Days 24 40 96 120 95 79 55 50 38 33 44 37
Days Payable 19 22 62 79 60 43 29 23 11 11 4 6
Cash Conversion Cycle 33 54 111 129 109 93 71 64 48 48 68 49
Working Capital Days 31 49 92 117 108 92 73 57 49 58 76 59
ROCE % 32% 8% 6% 5% 2% 5% 7% 16% 25% 16% 13% 18%

Shareholding Pattern

Numbers in percentages

1 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
53.59 53.67 54.16 55.17 57.41 57.41 57.96 58.95 59.53 59.70 60.07 60.26
6.10 5.61 4.97 4.97 6.32 6.41 6.57 6.27 5.97 4.33 3.34 2.89
0.76 0.72 0.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.74
39.55 40.00 40.18 39.87 36.27 36.19 35.47 34.78 34.51 35.97 36.58 36.10

* 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.

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