Confidence Petroleum India Limited

Company Profile

Confidence Petroleum India Limited had its IPO on under the ticker symbol CONFIPET.

The company operates in the Energy sector and Oil & Gas Refining & Marketing industry. Confidence Petroleum India Limited has a staff strength of 0 employees.

Stock update

Shares of Confidence Petroleum India Limited opened at ₹91.2 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹84 - ₹91.45, and closed at ₹85.3.

This is a -6.01% slip from the previous day's closing price.

A total volume of 3,745,575 shares were traded at the close of the day’s session.

In the last one week, shares of Confidence Petroleum India Limited have slipped by -10.54%.

Confidence Petroleum India Limited's Key Ratios

Confidence Petroleum India Limited has a market cap of ₹26.78 billion, indicating a price to book ratio of 2.9746 and a price to sales ratio of 1.3626.

In the last 12-months Confidence Petroleum India Limited’s revenue was ₹27.29 billion with a gross profit of ₹4.70 billion and an EBITDA of ₹2.58 billion. The EBITDA ratio measures Confidence Petroleum India Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Confidence Petroleum India Limited’s operating margin was 6.14% while its return on assets stood at 6.39% with a return of equity of 11.14%.

In Q2, Confidence Petroleum India Limited’s quarterly earnings growth was a positive 122% while revenue growth was a positive 146.3%.

Confidence Petroleum India Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

26.1838

PEG

Its diluted EPS in the last 12-months stands at ₹3.59 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Confidence Petroleum India Limited’s profitability.

Confidence Petroleum India Limited stock is trading at a EV to sales ratio of 1.4208 and a EV to EBITDA ratio of 12.1798. Its price to sales ratio in the trailing 12-months stood at 1.3626.

Confidence Petroleum India Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 3.42%.

Balance sheet and cash flow metrics

Total Assets

₹16.42 billion

Total Liabilities

₹2.79 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

3.42%

Confidence Petroleum India Limited ended 2024 with ₹16.42 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹16.42 billion while shareholder equity stood at ₹8.13 billion.

Confidence Petroleum India Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹2.79 billion in other current liabilities, 284000000.00 in common stock, ₹7.85 billion in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹609.10 million and cash and short-term investments were ₹718.40 million. The company’s total short-term debt was ₹1,177,900,000 while long-term debt stood at ₹2.88 billion.

Confidence Petroleum India Limited’s total current assets stands at ₹7.91 billion while long-term investments were ₹0 and short-term investments were ₹2.87 billion. Its net receivables were ₹1.30 billion compared to accounts payable of ₹1.27 billion and inventory worth ₹2.93 billion.

In 2024, Confidence Petroleum India Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Confidence Petroleum India Limited paid ₹0.03 in dividends in 2024.

Other key metrics

Current Trading Price

₹85.3

52-Week High

₹98.2

52-Week Low

₹55.28

Analyst Target Price

₹

Confidence Petroleum India Limited stock is currently trading at ₹85.3 per share. It touched a 52-week high of ₹98.2 and a 52-week low of ₹98.2. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹80.9 and 200-day moving average was ₹71.75 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 6502.3% of the company’s stock are held by insiders while 103.7% are held by institutions.