CONFIPET

Confidence Petroleum India Share PriceConfidence Petroleum India

₹96.95
-0.15 (-0.15%)
As on 01 December, 2023 | 21:27 BSE: 526829 NSE: CONFIPETISIN: INE552D01024

Confidence Petroleum India Performance

Day Range

  • Low 96.15
  • High 99.00
₹ 96.95

52 Week Range

  • Low 55.30
  • High 104.90
₹ 96.95
  • Open Price97.50
  • Previous Close97.10
  • Volume2879979

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Confidence Petroleum India Share Price

  • Over 1 Month 20.73%
  • Over 3 Month 2.54%
  • Over 6 Month 47.68%
  • Over 1 Year 24.94%

Confidence Petroleum India Key Statistics

P/E Ratio 24.1
PEG Ratio 0.4
Market Cap Cr 2,788
Price to Book Ratio 3.2
EPS 2.8
Dividend 0.1
Relative Strength Index 64.79
Money Flow Index 73.04
MACD Signal 2.26
Average True Range 4.37

Confidence Petroleum India Investment Rating

  • Master Rating:
  • Confidence Ptl.India has an operating revenue of Rs. 2,906.50 Cr. on a trailing 12-month basis. An annual revenue growth of 54% is outstanding, Pre-tax margin of 5% is okay, ROE of 11% is good. The company has a reasonable debt to equity of 36%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 13% and 31% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around -1% from the pivot point (which is the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 89 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 156 indicates it belongs to a poor industry group of Utility-Gas Distribution and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Confidence Petroleum India Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 600803619659439331325
Operating Expenses Qtr Cr 519739563606389297296
Operating Profit Qtr Cr 81655653503429
Depreciation Qtr Cr 21212416161518
Interest Qtr Cr 18553522
Tax Qtr Cr 161099854
Net Profit Qtr Cr 30292225221311
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,0541,285
Operating Expenses Annual Cr 1,8561,109
Operating Profit Annual in Cr 192169
Depreciation Cr 7162
Interest Annual Cr 156
Tax Annual Cr 3027
Net Profit Annual Cr 8281
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -42125
Cash from Investing Activity Annual Cr -419-143
Cash from Financing Annual Activity Cr 51017
Net Cash Flow Annual Cr 49-1
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 701590
Fixed Assets Annual Cr 500380
Total Non Current Assets Annual Cr 956602
Total Current Assets Annual Cr 571219
Total Assets Annual Cr 1,526821
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 2521
ROE Annual % 1214
ROCE Annual % 1015
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1014
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 639875673720461355384
Operating Expenses Qtr Cr 550799603662405317346
Operating Profit Qtr Cr 89767058563937
Depreciation Qtr Cr 26252820201819
Interest Qtr Cr 21867733
Tax Qtr Cr 1611109855
Net Profit Qtr Cr 32322427241414
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,2131,434
Operating Expenses Annual Cr 1,9861,242
Operating Profit Annual in Cr 223186
Depreciation Cr 8567
Interest Annual Cr 229
Tax Annual Cr 3229
Net Profit Annual Cr 9088
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -136103
Cash from Investing Activity Annual Cr -170-169
Cash from Financing Annual Activity Cr 35769
Net Cash Flow Annual Cr 513
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 813694
Fixed Assets Annual Cr 649522
Total Non Current Assets Annual Cr 851758
Total Current Assets Annual Cr 791293
Total Assets Annual Cr 1,6421,050
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 3127
ROE Annual % 1113
ROCE Annual % 1013
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 1013

Confidence Petroleum India Technicals

EMA & SMA

Current Price
₹96.95
-0.15 (-0.15%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹89.93
  • 50 Day
  • ₹86.44
  • 100 Day
  • ₹83.03
  • 200 Day
  • ₹78.30
  • 20 Day
  • ₹88.43
  • 50 Day
  • ₹85.53
  • 100 Day
  • ₹83.62
  • 200 Day
  • ₹74.05

Confidence Petroleum India Resistance and Support

PIVOT
₹97.37
Resistance
First Resistance 98.58
Second Resistance 100.22
Third Resistance 101.43
RSI 64.79
MFI 73.04
MACD Single Line 2.26
MACD 3.73
Support
First Resistance 95.73
Second Resistance 94.52
Third Resistance 92.88

Confidence Petroleum India Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 3,244,864 157,538,147 48.55
Week 9,629,708 413,307,057 42.92
1 Month 3,280,281 149,777,641 45.66
6 Month 2,390,453 105,036,488 43.94

Confidence Petroleum India Result Highlights

Confidence Petroleum India Synopsis

NSE-Utility-Gas Distribution

Confidence Petroleum belongs to the Industry of LPG Bottling/Distribution. Company’s Total Operating Revenue is Rs. 2048.10 Cr. and Equity Capital is Rs. 28.40 Cr. for the Year ended 31/03/2023. Confidence Petroleum India Ltd. is a Public Limited Listed company incorporated on 21/07/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L40200MH1994PLC079766 and registration number is 079766.
Market Cap 2,788
Sales 2,681
Shares in Float 11.22
No of funds 26
Yield 0.1
Book Value 3.98
U/D Vol ratio 0.8
LTDebt / Equity 65
Alpha 0.09
Beta 1.62

Confidence Petroleum India

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 61.31%61.31%61.45%60.26%
Mutual Funds 1.26%1.23%0.92%0.72%
Foreign Portfolio Investors 2.23%1.94%2.73%2.89%
Individual Investors 28.55%28.45%28.11%28.47%
Others 6.65%7.07%6.79%7.66%

Confidence Petroleum India Management

Name Designation
Mr. Nitin Khara Chairman & Managing Director
Mr. Elesh Khara Executive Director & CFO
Mrs. Vandana Gupta Ind. Non-Executive Director
Mr. Vaibhav Pradeep Dedhia Ind. Non-Executive Director
Mrs. Mansi Deogirkar Ind. Non-Executive Director
Mr. Sumant Sutaria Ind. Non-Executive Director

Confidence Petroleum India Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Confidence Petroleum India Corporate Action

Date Purpose Remarks
2023-11-30 Preferential issue of shares
2023-11-10 Quarterly Results
2023-08-14 Quarterly Results
2023-05-29 Audited Results & Final Dividend
2023-02-04 Quarterly Results

Confidence Petroleum India MF Shareholding

Name Amount(cr)
Quant Small Cap Fund Growth 9,521
Motilal Oswal Nifty Microcap 250 Index Fund Regular Growth 461
Groww Nifty Total Market Index Fund Regular Growth 32

Confidence Petroleum India FAQs

What is Share Price of Confidence Petroleum India ?

Confidence Petroleum India share price is ₹96 As on 01 December, 2023 | 21:13

What is the Market Cap of Confidence Petroleum India ?

The Market Cap of Confidence Petroleum India is ₹2788.1 Cr As on 01 December, 2023 | 21:13

What is the P/E ratio of Confidence Petroleum India ?

The P/E ratio of Confidence Petroleum India is 24.1 As on 01 December, 2023 | 21:13

What is the PB ratio of Confidence Petroleum India ?

The PB ratio of Confidence Petroleum India is 3.2 As on 01 December, 2023 | 21:13

Q2FY23