Confidence Petroleum India Limited Share Price and Company Fundamentals



Price
₹49.95
Change
0.000 (0.000%)
52 week
44.25 - 95.4

Last traded: Yesterday at 9:59 AM

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through two segments, Cylinder Division and LPG Division. The company offers CNG and packed cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers under the GoGas, and retail customer under the GoGas Elite brand names. Confidence Petroleum India Limited was founded in 1993 and is based in Nagpur, India.

Key Metrics

PE ratio

16.20

PB ratio

2.04

Dividend yield

0.20%

Beta

1.61

Market cap

-

Enterprise value

-

Company profile

Industry / SectorOil & Gas Refining & Marketing / Energy
Websitehttps://www.confidencegroup.co
Mailing address404, Satyam Apartment 8 Wardha Road Dhantoli Nagpur 440012 India
Phone / Fax91 71 2660 6492 / 91 71 2661 2083

Dividends

Dividend yield

0.20%

Dividend amount

₹0.10

Payout ratio

3.24%

Confidence Petroleum India Limited paid ₹0.10 dividend and the ex-dividend date was 22 Sept 2021.The dividend payout ratio is 3.24%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CONFIPET dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CONFIPET's forward dividend amount is ₹0.1 and the forward dividend yield is 0.21%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Confidence Petroleum India Limited.

NameTitleAgeTotal Pay
Mr. Nitin Punamchand KharaChairman, CEO & MD609M
Mr. Elesh Punamchand Khara B.ComCFO & Exec. Director546M
Ms. Prity Pramod BhabhraCompany Sec. & Compliance Officer

Profitability and management effectiveness

Profit margin

6.15%

Operating margin

8.35%

Return on assets

8.10%

Return on equity

13.53%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Confidence Petroleum India Limited is and its enterprise value is .

The CONFIPET's stocks Beta value is 1.61 making it 61% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Confidence Petroleum India Limited (NSE:CONFIPET) Frequently Asked Questions

1. What is Confidence Petroleum India Limited's Stock Symbol?

Confidence Petroleum India Limited trades on NSE under the ticker symbol "CONFIPET".

2. What is Confidence Petroleum India Limited's stock price today?

One share of CONFIPET stock can currently be purchased for approximately ₹49.95.

3. How can I contact Confidence Petroleum India Limited?

Confidence Petroleum India Limited's mailing address is 404, Satyam Apartment 8 Wardha Road Dhantoli Nagpur 440012 India. The company can be reached via phone at 91 71 2660 6492.

4. What is Confidence Petroleum India Limited's official website?

The official website of Confidence Petroleum India Limited is https://www.confidencegroup.co.