Confidence Petro

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.

Who are the peers of the Confidence Petro?

Peers of Confidence Petro include GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, and IRM Energy. Confidence Petro has a Good management risk and capital structure, with a 1-year return of -22.87%.

Peers: The peers of Confidence Petro are GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, and IRM Energy.<BR><BR>Quality Snapshot: Excellent management risk is observed at GAIL (India), Petronet LNG, and Gujarat Gas, while Good management risk is found at Adani Total Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, Mahanagar Gas, and Confidence Petro. Average management risk is present at IRM Energy. Growth ratings show Good growth at GAIL (India) and Aegis Logistics, while Below Average growth is noted for Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Guj.St.Petronet, Mahanagar Gas, Confidence Petro, IRM Energy, and the rest. Capital Structure is rated Excellent for GAIL (India), Adani Total Gas, Petronet LNG, Gujarat Gas, Indraprastha Gas, Aegis Logistics, Guj.St.Petronet, and Mahanagar Gas, while Confidence Petro and IRM Energy have a Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Aegis Logistics at 9.46%, while Adani Total Gas has the lowest at -39.05%. Confidence Petro's 1-year return is -22.87%, which is higher than Adani Total Gas but lower than Aegis Logistics. Additionally, the six-month returns for Adani Total Gas, Petronet LNG, Gujarat Gas, Mahanagar Gas, IRM Energy, and Confidence Petro are all negative.

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.

Who are in the management team of Confidence Petro?

As of March 2022, the management team of Confidence Petro includes Nitin Khara (Chairman and Managing Director & CEO), Elesh Khara (Executive Director & CFO), and five independent directors: Sumant Sutaria, Mansi Deogirkar, Vaibhav Dedhia, and Vandana Gupta, along with Prity P Bhabhra (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2022, the management team of Confidence Petro includes the following individuals:<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 is responsible for overseeing the operations and strategic direction of the company.

What does Confidence Petro do?

Confidence Petroleum India Ltd is a leading private sector LPG cylinder manufacturer in India, with a market cap of INR 1,852 Cr and reported net sales of 9,248 Cr and net profit of 228 Cr for March 2025. Key financial metrics include a P/E ratio of 21.00 and a dividend yield of 0.18%.

Overview:<BR>Confidence Petroleum India Ltd is one of the largest private sector entities in India's LPG cylinder manufacturing industry, categorized as a small-cap company.<BR><BR>History:<BR>The company was incorporated in an unspecified year and has maintained its status as a significant player in the LPG cylinder manufacturing sector. The latest quarterly results reported are for March 2025, showing net sales and profit figures.<BR><BR>Financial Snapshot:<BR>- Net Sales: 9,248 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 228 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 1,852 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 25<BR>- Dividend Yield: 0.18%<BR>- Debt-Equity: 0.44<BR>- Return on Equity: 5.47%<BR>- Price to Book: 1.44<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

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 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.

How big is Confidence Petro?

As of 24th July, Confidence Petroleum India Ltd has a market capitalization of 1,814.00 Cr, with recent net sales of 3,145.77 Cr and a net profit of 86.22 Cr.

As of 24th July, Confidence Petroleum India Ltd has a market capitalization of 1,814.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 3,145.77 Cr and a Net Profit of 86.22 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 1,181.65 Cr and Total Assets of 2,202.49 Cr.

Are Confidence Petro latest results good or bad?

Confidence Petroleum's latest results show strong sales growth of 41.4% to Rs 1,111.99 crore, the highest in five quarters, but a decline in profit after tax to Rs 20.16 crore raises concerns about profitability, leading to a 'Sell' recommendation from MarketsMOJO.

Confidence Petroleum's latest results present a mixed picture. On the positive side, the company achieved net sales of Rs 1,111.99 crore for the quarter ending June 2025, which is a remarkable growth of 41.4% compared to the average net sales of Rs 786.44 crore over the previous four quarters. This marks the highest quarterly sales the company has recorded in the last five quarters, indicating a strong upward trend in sales.<BR><BR>However, the profit after tax (PAT) has declined to Rs 20.16 crore, down 6.5% from the average PAT of Rs 21.56 crore in the previous four quarters. This decline in profitability, despite the strong sales growth, raises concerns about the company's overall financial health.<BR><BR>In summary, while the sales performance is impressive and suggests positive momentum, the decrease in profitability is a significant issue that could affect investor sentiment. The recent stock call of 'Sell' by MarketsMOJO reflects this concern regarding profitability.

When is the next results date for Confidence Petro?

The next results date for Confidence Petro is 14 November 2025.

The next results date for Confidence Petro is scheduled for 14 November 2025.

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.

Should I buy, sell or hold Confidence Petro?

Why is Confidence Petroleum India Ltd falling/rising?

As of 03-Feb, Confidence Petroleum India Ltd's stock price has risen to 31.82, marking a 2.94% increase after a trend reversal. Increased investor participation and strong financial health indicators suggest a potential correction in the stock's valuation despite its significant long-term decline.

As of 03-Feb, Confidence Petroleum India Ltd's stock price is rising, evidenced by a current price of 31.82, which reflects a change of 0.91 or 2.94% increase. This upward movement follows a trend reversal after two consecutive days of decline, indicating a potential shift in market sentiment. Additionally, the stock has outperformed its sector by 0.98% today, suggesting improved investor interest.<BR><BR>Investor participation has also increased, with a delivery volume of 3.12 lacs on 02 February, which is a significant rise of 71.88% compared to the five-day average. This increase in trading activity may signal growing confidence among investors. Furthermore, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 1.31 times, indicating a strong ability to service its debt. The company has also reported positive results over the last three consecutive quarters, with net sales growing at an annual rate of 36.39% and operating profit at 33.45%.<BR><BR>Despite the stock's recent rise, it is important to note that it has experienced significant underperformance over the longer term, with a 52.29% decline over the past year. However, the current positive indicators, including a strong growth trajectory in sales and profits, suggest that the recent price increase may reflect a correction in the stock's valuation, especially as it trades at a discount compared to its peers' historical valuations.

Which are the latest news on Confidence Petro?