Confidence Petro

Why is Confidence Petroleum India Ltd falling/rising?

As of 19-Jul, Confidence Petroleum India Ltd's stock price is falling to Rs 73.05, down 2.98%, following a trend reversal after two days of gains. The stock's decline is attributed to recent underperformance, lack of institutional support, and mixed results over various periods.

As of 19-Jul, Confidence Petroleum India Ltd's stock price is falling, currently at Rs 73.05, reflecting a decrease of Rs 2.24 or 2.98%. This decline follows a trend reversal after two consecutive days of gains, indicating a shift in market sentiment. The stock has underperformed its sector by 2.39% today and reached an intraday low of Rs 71.5, which is a drop of 5.03%.<BR><BR>In the context of recent performance, the stock has shown mixed results over various periods. While it has gained 8.11% over the past month and an impressive 99.59% year-to-date, it has also experienced a decline of 4.36% over the past week, contrasting with a positive return of 0.75% from the Sensex during the same period. Additionally, the stock's performance over three years has been negative at -4.13%, while the benchmark has increased by 17.36%.<BR><BR>Despite the company's strong fundamentals, such as a low Debt to EBITDA ratio and healthy long-term growth in net sales, the lack of domestic mutual fund investment, which stands at 0%, raises concerns about market confidence in the stock's current valuation. This could contribute to the stock's falling price as investors may be cautious given the absence of institutional support.<BR><BR>Overall, the combination of recent underperformance, a trend reversal, and the lack of significant institutional backing appears to be driving the decline in Confidence Petroleum India Ltd's stock price.

Which are the latest news on Confidence Petro?

How big is Confidence Petro?

As of 10th June, Confidence Petroleum India Ltd has a market capitalization of 2,459.00 Cr, with recent net sales of 4,704.57 Cr and a net profit of 92.89 Cr.

As of 10th June, Confidence Petroleum India Ltd has a market capitalization of 2,459.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 4,704.57 Cr and a Net Profit of 92.89 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,328.29 Cr and Total Assets of 2,550.24 Cr.

Who are in the management team of Confidence Petro?

The management team of Confidence Petro includes Nitin Khara (Chairman & CEO), Elesh Khara (Executive Director & CFO), and several independent directors: Sumant Sutaria, Mansi Deogirkar, Vaibhav Dedhia, and Vandana Gupta, along with Prity P Bhabhra as Company Secretary & Compliance Officer. This team combines leadership with independent oversight.

The management team of Confidence Petro includes the following members:<BR><BR>1. **Nitin Khara** - Chairman and Managing Director & CEO<BR>2. **Elesh Khara** - Executive Director & CFO<BR>3. **Sumant Sutaria** - Independent Director<BR>4. **Mansi Deogirkar** - Independent Director<BR>5. **Prity P Bhabhra** - Company Secretary & Compliance Officer<BR>6. **Vaibhav Dedhia** - Independent Director<BR>7. **Vandana Gupta** - Independent Director<BR><BR>This team brings a mix of leadership and independent oversight to the company.

Who are the peers of the Confidence Petro?

Peers of Confidence Petro include GAIL (India), Adani Total Gas, Petronet LNG, and others. Confidence Petro has average management risk and a 1-year return of 21.78%, outperforming many peers.

Peers: The peers of Confidence Petro are GAIL (India), Adani Total Gas, Petronet LNG, Aegis Logistics, Gujarat Gas, Indraprastha Gas, Guj.St.Petronet, Mahanagar Gas, and IRM Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at Petronet LNG, while Good management risk is found at GAIL (India), Adani Total Gas, Aegis Logistics, Gujarat Gas, Indraprastha Gas, Guj.St.Petronet, Mahanagar Gas, and the rest. Average management risk is noted for Confidence Petro and IRM Energy. Growth is Excellent at Aegis Logistics, Good at Confidence Petro and Adani Total Gas, Average at GAIL (India), Indraprastha Gas, and the rest, while Below Average growth is seen at Gujarat Gas, Guj.St.Petronet, Mahanagar Gas, and IRM Energy. Capital Structure is Excellent at GAIL (India), Petronet LNG, Gujarat Gas, Indraprastha Gas, Guj.St.Petronet, and Mahanagar Gas, Good at Adani Total Gas, Aegis Logistics, Confidence Petro, and IRM Energy.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aegis Logistics at 10.46%, while the lowest is GAIL (India) at -17.24%. Confidence Petro's 1-year return is 21.78%, which is significantly higher than both of these peers. Additionally, the six-month return is negative for Petronet LNG, Gujarat Gas, Indraprastha Gas, Guj.St.Petronet, Mahanagar Gas, and IRM Energy.

What does Confidence Petro do?

Confidence Petroleum India Ltd is a micro-cap company in India's LPG cylinder manufacturing industry, reporting net sales of 1,216 Cr and a net profit of 31 Cr for March 2026. Key financial metrics include a P/E ratio of 26.00 and a market cap of INR 2,459 Cr.

Overview: <BR>Confidence Petroleum India Ltd is a leading player in India's LPG cylinder manufacturing industry, categorized as a micro-cap company in the gas sector.<BR><BR>History: <BR>The company was incorporated in an unspecified year and has maintained its status as a significant entity in the LPG cylinder manufacturing market. The latest quarterly results reported are for March 2026, showcasing net sales and profit figures.<BR><BR>Financial Snapshot: <BR>- Net Sales: 1,216 Cr (Quarterly Results - Mar 2026) <BR>- Net Profit: 31 Cr (Quarterly Results - Mar 2026) <BR>- Market Cap: INR 2,459 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>- P/E: 26.00 <BR>- Industry P/E: 22 <BR>- Dividend Yield: 0.13% <BR>- Debt Equity: 0.38 <BR>- Return on Equity: 6.55% <BR>- Price to Book: 1.77 <BR><BR>Contact Details: <BR>Address: 701 Shivai Plaza Premises CHS, Pl-79 Marol Indl Est Andheri-E Mumbai Maharashtra : 400059 <BR>Email: info@confidencepetro.com <BR>Website: http://www.confidencegroup.co

Should I buy, sell or hold Confidence Petroleum India Ltd?

Are Confidence Petroleum India Ltd latest results good or bad?

Confidence Petroleum India Ltd's latest results show strong profit growth with a net profit increase of 48.93% quarter-on-quarter, but revenue declined by 12.78% sequentially and operating margins contracted to 7.84%, raising concerns about sustainability and profitability. Overall, the results are mixed, indicating profit recovery but challenges in revenue stability and margin pressures.

Confidence Petroleum India Ltd's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹31.35 crores for Q4 FY26, which is a significant increase of 48.93% quarter-on-quarter and 37.50% year-on-year. This indicates strong operational execution and profit recovery.<BR><BR>However, the revenue figures tell a different story. The company's net sales for the same quarter were ₹1,215.69 crores, reflecting a decline of 12.78% compared to the previous quarter, despite a year-on-year growth of 31.45%. Additionally, the operating margin has contracted sharply to 7.84%, down from 9.79% in the same quarter last year. This decline in margins suggests that the company is facing significant competitive pressures and challenges in maintaining profitability.<BR><BR>Overall, while the profit growth is encouraging, the contraction in operating margins and the sequential decline in revenue raise concerns about the sustainability of this growth. The company’s ability to manage these margin pressures will be crucial moving forward. Therefore, the results can be seen as good in terms of profit recovery but concerning regarding revenue stability and margin compression.

When is the next results date for Confidence Petroleum India Ltd?

The next results date for Confidence Petroleum India Ltd is 30 May 2026.

The next results date for Confidence Petroleum India Ltd is scheduled for 30 May 2026.

How has been the historical performance of Confidence Petro?

Confidence Petro has shown significant growth in net sales, increasing from 863.10 Cr in Mar'21 to 3,145.76 Cr in Mar'25, while total assets rose from 704.97 Cr to 2,550.24 Cr. However, operating profit and cash flow from operations declined, indicating challenges despite overall sales growth.

Answer:<BR>The historical performance of Confidence Petro shows a significant growth trajectory in net sales, increasing from 863.10 Cr in Mar'21 to 3,145.76 Cr in Mar'25. The total operating income followed a similar trend, rising from 1,004.53 Cr in Mar'19 to 3,145.76 Cr in Mar'25. However, the operating profit (PBDIT) has shown some fluctuations, peaking at 374.38 Cr in Mar'24 before slightly declining to 366.75 Cr in Mar'25. Profit before tax also experienced variability, with a high of 140.28 Cr in Mar'24 and a slight decrease to 113.33 Cr in Mar'25. The profit after tax showed a similar pattern, reaching 102.98 Cr in Mar'24 and then dropping to 87.48 Cr in Mar'25. The company's total assets increased significantly from 704.97 Cr in Mar'20 to 2,550.24 Cr in Mar'25, while total liabilities also rose from 704.97 Cr to 2,550.24 Cr in the same period. The cash flow from operating activities was notably low at 9.00 Cr in Mar'25 compared to 262.00 Cr in Mar'24, indicating a decline in cash generation from core operations.<BR><BR>Breakdown:<BR>Confidence Petro has demonstrated robust growth in net sales, which surged from 863.10 Cr in Mar'21 to 3,145.76 Cr in Mar'25, reflecting a strong demand for its products. The total operating income mirrored this growth, reaching 3,145.76 Cr in Mar'25. Despite this increase, the operating profit (PBDIT) fluctuated, peaking at 374.38 Cr in Mar'24 before slightly declining to 366.75 Cr in Mar'25. Profit before tax also varied, with a high of 140.28 Cr in Mar'24, dropping to 113.33 Cr in Mar'25, while profit after tax decreased from 102.98 Cr in Mar'24 to 87.48 Cr in Mar'25. The company's total assets grew significantly from 704.97 Cr in Mar'20 to 2,550.24 Cr in Mar'25, indicating strong asset accumulation, alongside a rise in total liabilities from 704.97 Cr to 2,550.24 Cr. However, cash flow from operating activities saw a decline, falling to 9.00 Cr in Mar'25 from 262.00 Cr in Mar'24, suggesting challenges in cash generation from operations despite overall growth in sales and assets.

Is Confidence Petro technically bullish or bearish?

As of July 24, 2025, Confidence Petro's technical trend has shifted to bearish, supported by bearish moving averages and Bollinger Bands, despite some short-term divergence in MACD indicators.

As of 24 July 2025, the technical trend for Confidence Petro has changed from mildly bearish to bearish. The current technical stance is bearish, with a moderate strength indicated by the daily moving averages showing bearish signals and the Bollinger Bands on the weekly chart also indicating bearish conditions. The MACD on the monthly chart is bearish, while the weekly MACD is mildly bullish, suggesting some short-term divergence. The KST is bullish on the weekly but bearish on the monthly, further complicating the outlook. Overall, the combination of bearish moving averages and Bollinger Bands, alongside the recent trend change, supports a bearish stance.

Who are the top shareholders of the Confidence Petro?

The top shareholders of Confidence Petro include Gaspoint Petroleum India Limited with 21.33%, Bw Lpg Infrastructure Dmcc at 8.5%, and individual investors holding 27.07%. Additionally, 44 Foreign Institutional Investors own 2.71%, while no mutual funds currently hold shares.

The top shareholders of Confidence Petro include several key players. The majority shareholders are the promoters, with Gaspoint Petroleum India Limited holding the highest stake at 21.33%. Additionally, Bw Lpg Infrastructure Dmcc is the largest public shareholder with an 8.5% stake. Individual investors collectively hold 27.07% of the shares. The company also has 44 Foreign Institutional Investors (FIIs) holding a total of 2.71%. Notably, there are no mutual funds currently holding shares in the company.

Is Confidence Petro overvalued or undervalued?

As of February 1, 2025, Confidence Petro's valuation has improved to very attractive, with key ratios indicating it is undervalued compared to peers, despite recent stock performance declines, suggesting strong long-term growth potential.

As of 1 February 2025, the valuation grade for Confidence Petro has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, especially when compared to its peers. Key ratios include a PE Ratio of 23.02, an EV to EBITDA of 7.88, and a Price to Book Value of 1.54. <BR><BR>In comparison with peers, Confidence Petro's PE Ratio is notably lower than Linde India, which stands at 139.48, and Petronet LNG at 11.56, highlighting its relative affordability in the market. The EV to EBITDA ratio of 7.88 also positions it favorably against Linde India, which has an EV to EBITDA of 82.79. Despite a recent decline in stock performance compared to the Sensex, particularly in the one-year and year-to-date periods, the long-term growth of 219.06% over five years suggests a strong potential for recovery and value realization.

Has Confidence Petro declared dividend?

Yes, Confidence Petroleum India Ltd has declared a 10% dividend, amounting to ₹0.1 per share, with an ex-date of September 23, 2024. While the company has shown mixed total returns over various periods, it has experienced significant losses in the short term but strong recovery in the long term.

Confidence Petroleum India Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 0.1<BR>- Ex-date: 23 Sep 24<BR><BR>Dividend Yield: 0.17%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.6%, with a dividend return of 0%, resulting in a total return of -23.6%.<BR><BR>For the 1-year period, the price return was -22.01%, the dividend return was 0.12%, leading to a total return of -21.89%.<BR><BR>Over the 2-year period, the price return was -11.12%, the dividend return was 0.29%, culminating in a total return of -10.83%.<BR><BR>In the 3-year period, the price return was 4.8%, the dividend return was 0.63%, resulting in a total return of 5.43%.<BR><BR>For the 4-year period, the price return was -2.75%, with a dividend return of 0.68%, leading to a total return of -2.07%.<BR><BR>In the 5-year period, the price return was 224.59%, the dividend return was 2.37%, resulting in a total return of 226.96%.<BR><BR>Overall, Confidence Petroleum has declared a dividend, but the total returns over various periods show a mixed performance, with significant losses in the shorter terms and a strong recovery in the longer term.