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Confidence Petroleum India NSEI:CONFIPET Stock Report

Last Price

₹91.40

Market Cap

₹29.0b

7D

2.9%

1Y

49.0%

Updated

25 Apr, 2024

Data

Company Financials

Confidence Petroleum India Limited

NSEI:CONFIPET Stock Report

Market Cap: ₹29.0b

CONFIPET Stock Overview

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India.

CONFIPET fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Confidence Petroleum India Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Confidence Petroleum India
Historical stock prices
Current Share Price₹91.40
52 Week High₹120.00
52 Week Low₹57.50
Beta1.25
1 Month Change6.46%
3 Month Change6.71%
1 Year Change48.98%
3 Year Change70.05%
5 Year Changen/a
Change since IPO131.98%

Recent News & Updates

The Returns At Confidence Petroleum India (NSE:CONFIPET) Aren't Growing

Apr 05
The Returns At Confidence Petroleum India (NSE:CONFIPET) Aren't Growing

Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

Mar 12
Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

Recent updates

The Returns At Confidence Petroleum India (NSE:CONFIPET) Aren't Growing

Apr 05
The Returns At Confidence Petroleum India (NSE:CONFIPET) Aren't Growing

Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

Mar 12
Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

A Piece Of The Puzzle Missing From Confidence Petroleum India Limited's (NSE:CONFIPET) 32% Share Price Climb

Feb 20
A Piece Of The Puzzle Missing From Confidence Petroleum India Limited's (NSE:CONFIPET) 32% Share Price Climb

Does Confidence Petroleum India (NSE:CONFIPET) Deserve A Spot On Your Watchlist?

Oct 24
Does Confidence Petroleum India (NSE:CONFIPET) Deserve A Spot On Your Watchlist?

Confidence Petroleum India Limited's (NSE:CONFIPET) CEO Looks Due For A Compensation Raise

Sep 24
Confidence Petroleum India Limited's (NSE:CONFIPET) CEO Looks Due For A Compensation Raise

We Think Confidence Petroleum India (NSE:CONFIPET) Is Taking Some Risk With Its Debt

Jun 28
We Think Confidence Petroleum India (NSE:CONFIPET) Is Taking Some Risk With Its Debt

Here's Why Confidence Petroleum India Limited's (NSE:CONFIPET) CEO May Have Their Pay Bumped Up

Sep 24
Here's Why Confidence Petroleum India Limited's (NSE:CONFIPET) CEO May Have Their Pay Bumped Up

Confidence Petroleum India's (NSE:CONFIPET) Returns On Capital Are Heading Higher

Aug 20
Confidence Petroleum India's (NSE:CONFIPET) Returns On Capital Are Heading Higher

Here's Why We Think Confidence Petroleum India (NSE:CONFIPET) Is Well Worth Watching

Aug 03
Here's Why We Think Confidence Petroleum India (NSE:CONFIPET) Is Well Worth Watching

Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

Mar 21
Does Confidence Petroleum India (NSE:CONFIPET) Have A Healthy Balance Sheet?

Here's Why I Think Confidence Petroleum India (NSE:CONFIPET) Is An Interesting Stock

Feb 24
Here's Why I Think Confidence Petroleum India (NSE:CONFIPET) Is An Interesting Stock

Returns Are Gaining Momentum At Confidence Petroleum India (NSE:CONFIPET)

Dec 14
Returns Are Gaining Momentum At Confidence Petroleum India (NSE:CONFIPET)

We Think That There Are Issues Underlying Confidence Petroleum India's (NSE:CONFIPET) Earnings

Nov 05
We Think That There Are Issues Underlying Confidence Petroleum India's (NSE:CONFIPET) Earnings

Is Confidence Petroleum India (NSE:CONFIPET) A Risky Investment?

Sep 15
Is Confidence Petroleum India (NSE:CONFIPET) A Risky Investment?

Confidence Petroleum India's (NSE:CONFIPET) Returns On Capital Are Heading Higher

Jul 12
Confidence Petroleum India's (NSE:CONFIPET) Returns On Capital Are Heading Higher

These 4 Measures Indicate That Confidence Petroleum India (NSE:CONFIPET) Is Using Debt Extensively

Jun 08
These 4 Measures Indicate That Confidence Petroleum India (NSE:CONFIPET) Is Using Debt Extensively

Investors Will Want Confidence Petroleum India's (NSE:CONFIPET) Growth In ROCE To Persist

Mar 25
Investors Will Want Confidence Petroleum India's (NSE:CONFIPET) Growth In ROCE To Persist

If You Had Bought Confidence Petroleum India (NSE:CONFIPET) Stock A Year Ago, You Could Pocket A 103% Gain Today

Mar 10
If You Had Bought Confidence Petroleum India (NSE:CONFIPET) Stock A Year Ago, You Could Pocket A 103% Gain Today

Has Confidence Petroleum India Limited's (NSE:CONFIPET) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Feb 23
Has Confidence Petroleum India Limited's (NSE:CONFIPET) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Could The Confidence Petroleum India Limited (NSE:CONFIPET) Ownership Structure Tell Us Something Useful?

Feb 02
Could The Confidence Petroleum India Limited (NSE:CONFIPET) Ownership Structure Tell Us Something Useful?

Here's Why Confidence Petroleum India (NSE:CONFIPET) Has A Meaningful Debt Burden

Jan 07
Here's Why Confidence Petroleum India (NSE:CONFIPET) Has A Meaningful Debt Burden

We Like These Underlying Trends At Confidence Petroleum India (NSE:CONFIPET)

Dec 23
We Like These Underlying Trends At Confidence Petroleum India (NSE:CONFIPET)

If You Had Bought Confidence Petroleum India (NSE:CONFIPET) Stock A Year Ago, You Could Pocket A 14% Gain Today

Dec 09
If You Had Bought Confidence Petroleum India (NSE:CONFIPET) Stock A Year Ago, You Could Pocket A 14% Gain Today

The Independent Non Executive Director of Confidence Petroleum India Limited (NSE:CONFIPET), Sumant Sutaria, Just Sold 100% Of Their Holding

Nov 26
The Independent Non Executive Director of Confidence Petroleum India Limited (NSE:CONFIPET), Sumant Sutaria, Just Sold 100% Of Their Holding

Confidence Petroleum India Limited's (NSE:CONFIPET) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 25
Confidence Petroleum India Limited's (NSE:CONFIPET) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

What Kind Of Shareholders Hold The Majority In Confidence Petroleum India Limited's (NSE:CONFIPET) Shares?

Nov 04
What Kind Of Shareholders Hold The Majority In Confidence Petroleum India Limited's (NSE:CONFIPET) Shares?

Are You An Income Investor? Don't Miss Out On Confidence Petroleum India Limited (NSE:CONFIPET)

Oct 13
Are You An Income Investor? Don't Miss Out On Confidence Petroleum India Limited (NSE:CONFIPET)

Confidence Petroleum India Limited's (NSE:CONFIPET) Share Price Matching Investor Opinion

Sep 19
Confidence Petroleum India Limited's (NSE:CONFIPET) Share Price Matching Investor Opinion

Shareholder Returns

CONFIPETIN MachineryIN Market
7D2.9%4.9%2.8%
1Y49.0%69.7%46.6%

Return vs Industry: CONFIPET underperformed the Indian Machinery industry which returned 69% over the past year.

Return vs Market: CONFIPET exceeded the Indian Market which returned 46.4% over the past year.

Price Volatility

Is CONFIPET's price volatile compared to industry and market?
CONFIPET volatility
CONFIPET Average Weekly Movement8.8%
Machinery Industry Average Movement7.1%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.2%

Stable Share Price: CONFIPET's share price has been volatile over the past 3 months.

Volatility Over Time: CONFIPET's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

FoundedEmployeesCEOWebsite
1993826Nitin Kharawww.confidencegroup.co

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through Cylinder Division and LPG Division segments. The company offers CNG and packed LPG cylinders.

Confidence Petroleum India Limited Fundamentals Summary

How do Confidence Petroleum India's earnings and revenue compare to its market cap?
CONFIPET fundamental statistics
Market cap₹29.01b
Earnings (TTM)₹1.15b
Revenue (TTM)₹27.41b

25.3x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CONFIPET income statement (TTM)
Revenue₹27.41b
Cost of Revenue₹21.91b
Gross Profit₹5.50b
Other Expenses₹4.35b
Earnings₹1.15b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.61
Gross Margin20.06%
Net Profit Margin4.18%
Debt/Equity Ratio46.4%

How did CONFIPET perform over the long term?

See historical performance and comparison

Dividends

0.1%

Current Dividend Yield

3%

Payout Ratio
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