Confidence Petroleum India Ltd

Confidence Petroleum India Ltd

₹ 66.3 -3.98%
21 Nov 4:00 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 2,104 Cr.
  • Current Price 66.3
  • High / Low 120 / 62.6
  • Stock P/E 30.2
  • Book Value 40.6
  • Dividend Yield 0.15 %
  • ROCE 13.7 %
  • ROE 10.5 %
  • Face Value 1.00

Pros

  • Company's median sales growth is 22.1% of last 10 years

Cons

  • Company has a low return on equity of 11.8% 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
428 394 384 355 461 720 669 875 639 554 631 778 746
367 345 346 317 405 662 605 799 550 470 520 703 668
Operating Profit 62 49 37 39 56 58 63 76 89 84 110 75 78
OPM % 14% 12% 10% 11% 12% 8% 9% 9% 14% 15% 18% 10% 10%
0 1 4 0 1 4 2 1 5 9 2 5 11
Interest 2 3 3 3 7 7 11 8 21 19 26 19 20
Depreciation 15 17 19 18 20 20 27 25 26 42 68 41 44
Profit before tax 44 31 19 18 31 36 27 45 47 32 19 21 25
Tax % 25% 24% 25% 26% 26% 26% 22% 26% 34% 15% 26% 25% 15%
35 24 15 14 25 28 21 33 31 27 14 15 22
EPS in Rs 1.18 0.81 0.48 0.50 0.85 0.97 0.68 1.12 0.94 0.94 0.31 0.47 0.56
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
316 269 306 355 497 607 1,005 1,078 863 1,428 2,205 2,698 2,709
275 231 274 320 456 536 878 951 742 1,242 1,988 2,339 2,361
Operating Profit 41 37 32 35 41 71 126 127 121 186 216 359 347
OPM % 13% 14% 11% 10% 8% 12% 13% 12% 14% 13% 10% 13% 13%
2 2 -14 1 2 3 5 6 3 6 10 17 28
Interest 15 13 12 11 12 12 11 12 9 9 27 74 84
Depreciation 25 22 29 23 24 24 30 51 52 67 84 160 194
Profit before tax 4 3 -22 2 7 38 90 69 63 116 115 143 97
Tax % 37% 36% 3% 44% 30% 29% 29% 24% 25% 25% 27% 26%
2 2 -23 1 5 27 67 52 49 90 84 105 79
EPS in Rs 0.08 0.08 -0.89 0.04 0.19 1.04 2.44 1.91 1.74 3.16 2.85 3.19 2.28
Dividend Payout % 0% 0% 0% 0% 0% 5% 4% 0% 0% 3% 4% 3%
Compounded Sales Growth
10 Years: 26%
5 Years: 22%
3 Years: 46%
TTM: -7%
Compounded Profit Growth
10 Years: 49%
5 Years: 9%
3 Years: 27%
TTM: -34%
Stock Price CAGR
10 Years: 37%
5 Years: 20%
3 Years: -5%
1 Year: -24%
Return on Equity
10 Years: 11%
5 Years: 12%
3 Years: 12%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 26 26 26 26 26 26 27 27 28 28 28 32 33
Reserves 212 215 187 188 156 227 365 419 505 666 746 1,127 1,256
85 68 62 58 112 82 77 73 88 97 412 638 759
90 98 97 91 113 141 151 186 168 259 453 406 416
Total Liabilities 413 407 372 363 407 476 620 705 789 1,050 1,640 2,202 2,464
229 226 183 180 199 243 356 378 456 554 708 1,010 1,043
CWIP 8 7 15 15 29 23 20 39 19 63 37 23 44
Investments 7 8 8 8 10 13 29 8 12 29 30 35 36
169 166 166 160 170 197 215 281 302 405 864 1,134 1,341
Total Assets 413 407 372 363 407 476 620 705 789 1,050 1,640 2,202 2,464

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
39 31 30 35 30 65 68 66 98 103 -125 263
-14 -19 -13 -22 -108 -24 -152 -93 -142 -169 -204 -375
-27 -12 -13 -16 75 -33 87 25 42 69 330 222
Net Cash Flow -2 -0 5 -2 -4 8 4 -1 -3 3 1 110

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 77 88 74 57 45 37 21 26 28 17 21 21
Inventory Days 96 120 95 79 55 50 38 33 44 37 61 36
Days Payable 62 79 60 43 29 23 11 11 4 6 28 9
Cash Conversion Cycle 111 129 109 93 71 64 48 48 68 49 54 48
Working Capital Days 92 117 108 92 73 57 49 58 76 59 66 70
ROCE % 5% 5% 2% 4% 6% 15% 24% 16% 12% 17% 13% 14%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
58.95% 59.53% 59.70% 60.07% 60.26% 61.45% 61.32% 61.32% 61.63% 56.12% 55.89% 55.89%
6.27% 5.97% 4.33% 3.34% 2.89% 2.73% 1.94% 2.23% 2.13% 2.08% 1.94% 2.04%
0.00% 0.00% 0.00% 0.00% 0.74% 0.92% 1.23% 1.26% 1.25% 1.19% 0.52% 0.43%
34.78% 34.51% 35.97% 36.58% 36.10% 34.89% 35.53% 35.21% 35.00% 40.62% 41.65% 41.64%
No. of Shareholders 68,42774,80577,14172,22567,93767,07166,82372,78880,7531,06,8911,15,8181,17,362

* 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