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Confidence Petroleum

₹40.4 -0.7 | 1.7%

Market Cap ₹1343 Cr.

Stock P/E 15.3

P/B 1

Current Price ₹40.4

Book Value ₹ 40.3

Face Value 1

52W High ₹84

Dividend Yield 0.25%

52W Low ₹ 39.7

Confidence Petroleum Research see more...

Overview Inc. Year: 1994Industry: Industrial Gases & Fuels

Confidence Petroleum India Ltd is an India-based producer of LPG cylinders for domestic, in addition to commercial use. The Company is engaged in the sale of cylinder, LPG bottling, and filling/DPT/delivery. Its segments consist of the LPG/CNG Cylinder manufacturing, and the LPG Bottling & Marketing. The LPG/CNG Cylinder manufacturing section includes production and advertising operations of cylinder. The LPG Bottling & Marketing section consists of bottling of LPG and elements for commercial utilization. Its divisions include Cylinder division, auto LPG dispensing stations (ALDS) department and LPG Trading, Refilling and Packed division. It engages in the commercial enterprise of LPG and auto LPG production, packed cylinder under the brand call of Go Gas. It has over four blending plants and about 51 LPG bottling plants across India, engaged in blending propane and butane into LPG, and refilling LPG cylinders for industrial and household consumption, respectively.

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Confidence Petroleum Share Price

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Confidence Petroleum Quarterly Results

#(Fig in Cr.) Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
Net Sales 669 875 639 554 631 778 746 697 925 1112
Other Income 0 1 5 9 1 5 10 21 7 7
Total Income 669 876 643 563 632 783 756 718 932 1119
Total Expenditure 605 799 550 470 520 703 668 616 834 1029
Operating Profit 64 77 93 92 112 80 88 101 97 89
Interest 11 8 21 19 26 19 20 19 21 21
Depreciation 27 25 26 42 68 41 44 47 43 41
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 25 44 47 31 18 20 24 36 33 27
Provision for Tax 6 11 16 5 5 5 4 10 7 7
Profit After Tax 20 33 31 27 13 15 21 25 27 20
Adjustments -0 -1 -4 0 -3 0 -3 5 -4 -0
Profit After Adjustments 19 32 27 27 10 15 18 31 23 20
Adjusted Earnings Per Share 0.7 1.1 0.9 0.9 0.3 0.5 0.5 0.9 0.7 0.6

Confidence Petroleum Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 306 355 497 607 1005 1078 863 1428 2205 2698 3146 3480
Other Income 2 1 2 3 5 4 3 6 9 15 42 45
Total Income 308 356 499 610 1009 1082 866 1434 2214 2714 3188 3525
Total Expenditure 274 320 456 536 878 951 742 1242 1988 2339 2821 3147
Operating Profit 34 36 43 74 131 131 124 192 225 374 367 375
Interest 12 11 12 12 11 12 9 9 27 74 79 81
Depreciation 29 23 24 25 30 51 52 67 84 160 175 175
Exceptional Income / Expenses -16 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -22 2 7 38 90 69 63 116 115 140 113 120
Provision for Tax 1 1 2 11 26 17 16 29 31 37 26 28
Profit After Tax -23 1 5 27 64 52 47 88 84 103 87 93
Adjustments -0 -0 0 0 3 0 2 4 -3 -2 -1 -2
Profit After Adjustments -23 1 5 27 67 52 50 92 81 101 86 92
Adjusted Earnings Per Share -0.9 0 0.2 1 2.4 1.9 1.8 3.2 2.9 3.2 2.6 2.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 30% 24% 26%
Operating Profit CAGR -2% 24% 23% 27%
PAT CAGR -16% -0% 11% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -42% -19% 9% 22%
ROE Average 7% 10% 11% 8%
ROCE Average 11% 14% 14% 13%

Confidence Petroleum Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 213 214 182 253 392 448 533 694 807 1182 1328
Minority's Interest 17 17 17 19 21 21 21 78 81 86 120
Borrowings 19 16 67 31 37 34 48 42 287 210 217
Other Non-Current Liabilities 37 37 58 71 102 129 131 155 35 202 207
Total Current Liabilities 86 79 83 102 68 72 56 81 431 522 677
Total Liabilities 372 363 407 476 620 705 789 1050 1640 2202 2550
Fixed Assets 183 180 199 243 356 378 456 554 708 1010 1048
Other Non-Current Assets 39 42 61 68 63 100 115 204 146 142 196
Total Current Assets 150 141 147 164 201 227 218 293 786 1050 1306
Total Assets 372 363 407 476 620 705 789 1050 1640 2202 2550

Confidence Petroleum Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 12 16 14 10 18 22 21 18 10 11 121
Cash Flow from Operating Activities 30 35 30 65 68 66 98 103 -125 263 10
Cash Flow from Investing Activities -13 -22 -108 -24 -152 -93 -142 -169 -204 -375 -135
Cash Flow from Financing Activities -13 -16 75 -33 87 25 42 69 330 222 152
Net Cash Inflow / Outflow 5 -2 -4 8 4 -1 -3 3 1 110 26
Closing Cash & Cash Equivalent 16 14 10 18 22 21 18 21 11 121 147

Confidence Petroleum Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.89 0.04 0.19 1.04 2.44 1.92 1.76 3.23 2.85 3.19 2.6
CEPS(Rs) 0.22 0.94 1.12 1.97 3.44 3.79 3.51 5.43 5.92 8.29 7.89
DPS(Rs) 0 0 0 0.05 0.1 0 0.1 0.1 0.1 0.1 0.1
Book NAV/Share(Rs) 8.24 8.27 6.62 9.38 13.94 15.93 18.41 24.09 26.92 36.16 39.67
Core EBITDA Margin(%) 9.72 9.07 7.79 11.55 12.59 11.75 14.02 13.03 9.81 13.32 10.31
EBIT Margin(%) -3.21 3.39 3.56 8.08 10.09 7.52 8.3 8.8 6.45 7.93 6.1
Pre Tax Margin(%) -6.75 0.5 1.3 6.11 9 6.44 7.3 8.15 5.21 5.2 3.6
PAT Margin (%) -6.93 0.28 0.91 4.32 6.4 4.87 5.5 6.13 3.82 3.82 2.78
Cash Profit Margin (%) 1.74 6.35 5.48 8.3 9.37 9.62 11.54 10.81 7.63 9.76 8.34
ROA(%) -5.89 0.29 1.26 6.02 11.74 7.92 6.35 9.52 6.25 5.36 3.68
ROE(%) -10.12 0.51 2.51 12.83 20.61 12.83 9.89 14.51 11.61 10.77 7.1
ROCE(%) -3.65 4.73 6.79 16.34 25.9 16.74 12.79 18.12 14.37 15.3 11.14
Receivable days 69.52 56.04 40.3 36.67 21.78 22.65 30.07 17.14 16.08 19.22 27.4
Inventory Days 64.93 53.68 37.53 34.27 25.1 25.5 32.06 24.19 33.34 33.41 26.19
Payable days 78.91 56.37 35.14 26.08 13.47 10.29 9.17 4.19 15.99 16.35 10.95
PER(x) 0 117.72 39.83 28.69 15.89 7.67 25.43 19.35 21.29 26.31 18.1
Price/Book(x) 0.23 0.59 1.16 3.18 2.78 0.92 2.43 2.59 2.25 2.32 1.18
Dividend Yield(%) 0 0 0 0.17 0.26 0 0.22 0.16 0.16 0.12 0.21
EV/Net Sales(x) 0.31 0.48 0.61 1.38 1.11 0.42 1.55 1.29 0.93 1.05 0.61
EV/Core EBITDA(x) 2.81 4.69 7.01 11.26 8.52 3.47 10.8 9.59 9.12 7.57 5.27
Net Sales Growth(%) 14.11 15.73 40.09 22.11 65.56 7.29 -19.92 65.41 54.42 22.4 16.58
EBIT Growth(%) -165.38 221.46 45.73 163.41 103.98 -20.04 -11.59 75.42 13.14 50.57 -10.33
PAT Growth(%) -1323.76 104.7 348.13 449.45 142.18 -18.47 -9.56 84.57 -3.94 22.43 -15.05
EPS Growth(%) -1158.16 104.64 369.17 437.4 135.1 -21.51 -8.4 83.76 -11.66 12.02 -18.72
Debt/Equity(x) 0.29 0.27 0.66 0.34 0.2 0.17 0.17 0.14 0.53 0.37 0.4
Current Ratio(x) 1.74 1.78 1.78 1.61 2.96 3.15 3.92 3.62 1.83 2.01 1.93
Quick Ratio(x) 1.07 1.09 1.12 1.01 1.83 2.12 2.53 2.24 1.15 1.62 1.56
Interest Cover(x) -0.91 1.17 1.58 4.11 9.28 6.98 8.32 13.53 5.2 2.9 2.44
Total Debt/Mcap(x) 1.24 0.46 0.56 0.11 0.07 0.18 0.07 0.05 0.24 0.16 0.34

Confidence Petroleum Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 61.31 61.31 61.63 56.12 55.89 55.89 55.89 55.89 55.89 55.89
FII 1.94 2.23 2.13 2.08 1.94 2.04 2.4 2.71 1 0.97
DII 1.23 1.26 1.25 1.19 0.52 0.42 0.27 0.09 0.07 0.03
Public 35.52 35.2 35 40.61 41.65 41.65 41.45 41.32 43.04 43.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Debtor days have improved from 16.35 to 10.95days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 10% over the 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.

Confidence Petroleum News

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