Confidence Petroleum India Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Nitin Khara

Chief executive officer

₹10.0m

Total compensation

CEO salary percentage	100.0%
CEO tenure	19.6yrs
CEO ownership	7.4%
Management average tenure	no data
Board average tenure	9.2yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nitin Khara's remuneration changed compared to Confidence Petroleum India's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	₹1b
Sep 30 2023	n/a	n/a	₹1b
Jun 30 2023	n/a	n/a	₹1b
Mar 31 2023	₹10m	₹10m	₹899m
Dec 31 2022	n/a	n/a	₹790m
Sep 30 2022	n/a	n/a	₹749m
Jun 30 2022	n/a	n/a	₹842m
Mar 31 2022	₹9m	₹9m	₹878m
Dec 31 2021	n/a	n/a	₹1b
Sep 30 2021	n/a	n/a	₹973m
Jun 30 2021	n/a	n/a	₹739m
Mar 31 2021	₹9m	₹9m	₹491m
Dec 31 2020	n/a	n/a	₹276m
Sep 30 2020	n/a	n/a	₹257m
Jun 30 2020	n/a	n/a	₹301m
Mar 31 2020	₹9m	₹9m	₹524m
Dec 31 2019	n/a	n/a	₹667m
Sep 30 2019	n/a	n/a	₹665m
Jun 30 2019	n/a	n/a	₹688m
Mar 31 2019	₹9m	₹9m	₹668m
Dec 31 2018	n/a	n/a	₹574m
Sep 30 2018	n/a	n/a	₹459m
Jun 30 2018	n/a	n/a	₹357m
Mar 31 2018	₹4m	₹4m	₹268m

Compensation vs Market: Nitin's total compensation ($USD119.80K) is below average for companies of similar size in the Indian market ($USD271.33K).

Compensation vs Earnings: Nitin's compensation has been consistent with company performance over the past year.

CEO

Nitin Khara (62 yo)

19.6yrs

Tenure

₹10,000,000

Compensation

Mr. Nitin Punamchand Khara serves as the Executive Chairman, Managing Director and Chief Executive Officer of Confidence Petroleum India Ltd. Mr. Khara has been an Executive Director of Confidence Futurist...

Board Members

Name	Position	Tenure	Compensation	Ownership
Nitin Khara	Chairman	19.6yrs	₹10.00m	7.41% ₹ 2.1b
Elesh Khara	CFO & Executive Director	20.3yrs	₹10.00m	3.03% ₹ 863.4m
Simon Hill	Additional Non-Executive Non-Independent Director	less than a year	no data	no data
Sumant Sutaria	Independent Non Executive Director	20.3yrs	no data	no data
Mansi Deogirkar	Independent Non Executive Woman Director	9.2yrs	no data	no data
Vaibhav Dedhia	Independent Non-Executive Director	5.7yrs	no data	no data
Vandana Gupta	Non-Executive Independent Director	3yrs	no data	no data

9.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 526829's board of directors are considered experienced (9.2 years average tenure).

Confidence Petroleum India Management

Management criteria checks 3/4

Key information

Recent management updates

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2023

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2022

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2022

Confidence Petroleum India Limited Announces Resignation of Ratnesh Kumar as Independent Director

Independent Non Executive Director recently sold ₹259k worth of stock

Recent updates

New minor risk - Share price stability

Investor sentiment improves as stock rises 19%

Investor sentiment deteriorates as stock falls 16%

Investor sentiment improves as stock rises 18%

Third quarter 2024 earnings released: EPS: ₹0.95 (vs ₹0.95 in 3Q 2023)

Confidence Petroleum India Limited to Report Q3, 2024 Results on Feb 14, 2024

Investor sentiment improves as stock rises 15%

Confidence Petroleum India Limited announced that it expects to receive INR 2.501100032 billion in funding from BW VLGC Pte. Ltd

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 17%

Second quarter 2024 earnings released: EPS: ₹1.13 (vs ₹0.86 in 2Q 2023)

Confidence Petroleum India Limited to Report Q2, 2024 Results on Nov 10, 2023

Upcoming dividend of ₹0.10 per share at 0.1% yield

Confidence Petroleum India Limited Recommends A Final Dividend for the Financial Year Ended on March 31, 2023

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2023

Investor sentiment improves as stock rises 20%

First quarter 2024 earnings released: EPS: ₹1.13 (vs ₹0.50 in 1Q 2023)

Confidence Petroleum India Limited to Report Q1, 2024 Results on Aug 14, 2023

Investor sentiment improves as stock rises 16%

Confidence Petroleum India Limited Recommends a Final Dividend for the Financial Year 2022-23

Full year 2023 earnings released: EPS: ₹3.27 (vs ₹3.09 in FY 2022)

Confidence Petroleum India Limited to Report Q4, 2023 Results on May 29, 2023

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: EPS: ₹0.95 (vs ₹0.81 in 3Q 2022)

Confidence Petroleum India Limited to Report Q3, 2023 Results on Feb 04, 2023

Confidence Petroleum India Limited announced that it expects to receive INR 1.27 billion in funding

Second quarter 2023 earnings released: EPS: ₹0.86 (vs ₹1.18 in 2Q 2022)

Confidence Petroleum India Limited to Report Q2, 2023 Results on Nov 14, 2022

Confidence Petroleum India Limited Approves Final Dividend for the Financial Year Ended March 31, 2022

Upcoming dividend of ₹0.10 per share

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2022

Confidence Petroleum India Limited, Annual General Meeting, Sep 30, 2022

Investor sentiment improved over the past week

Investor sentiment improved over the past week

First quarter 2023 earnings released: EPS: ₹0.50 (vs ₹0.63 in 1Q 2022)

Confidence Petroleum India Limited to Report Q1, 2023 Results on Aug 10, 2022

Full year 2022 earnings released: EPS: ₹3.16 (vs ₹1.73 in FY 2021)

Confidence Petroleum India Limited Recommends Final Dividend for the Financial Year 2022

Confidence Petroleum India Limited to Report Q4, 2022 Results on May 27, 2022

Confidence Petroleum India Limited Announces Resignation of Ratnesh Kumar as Independent Director

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS ₹1.18 (vs ₹0.37 in 2Q 2021)

Investor sentiment improved over the past week

First quarter 2022 earnings released: EPS ₹0.63 (vs ₹0.26 loss in 1Q 2021)

Full year 2021 earnings released: EPS ₹1.74 (vs ₹1.91 in FY 2020)

Investor sentiment improved over the past week

New 90-day high: ₹47.55

New 90-day high: ₹44.40

Confidence Petroleum India Ltd. Receives Contract for Setting Up CNG MRU from Avantika Gas Limited

New 90-day high: ₹42.05

Third quarter 2021 earnings released: EPS ₹0.73

Confidence Petroleum India Limited to Report Q3, 2021 Results on Jan 20, 2021

New 90-day high: ₹40.85

Investor sentiment improved over the past week

New 90-day high: ₹34.40

Market bids up stock over the past week

New 90-day high: ₹31.10

Independent Non Executive Director recently sold ₹259k worth of stock

Confidence Petroleum India Limited to Report Q2, 2021 Results on Nov 04, 2020

New 90-day high: ₹28.10

New 90-day high: ₹24.35

CEO Compensation Analysis

CEO

Tenure

Compensation

Board Members

Average Tenure

Average Age