Confidence Petroleum India Share Price Target 2025 to 2030, Current Price and Key Insights: This article provides an in-depth analysis of Confidence Petroleum India’s share target from 2025 to 2030, focusing on its current market performance, share trends, financial health, shareholding structure, and competitive positioning. Confidence Petroleum India is a leading player in the LPG and cylinder manufacturing sector in India, recognized for its innovative solutions, extensive distribution network, and consistent growth in the energy and fuel segment.
Overview of Confidence Petroleum India Ltd
What is Confidence Petroleum India Ltd?
Confidence Petroleum India Ltd is a prominent energy company headquartered in India, specializing in LPG and cylinder manufacturing. The company has established itself as a leader in the energy sector, focusing on providing efficient, sustainable, and innovative LPG solutions. With a strong commitment to expanding its market reach and ensuring energy accessibility, Confidence Petroleum has built a reputation as a reliable player in the energy and fuel segment.
Key Features of Confidence Petroleum India Ltd
- LPG Specialization: Known for its expertise in LPG distribution, bottling, and cylinder manufacturing, serving diverse industrial and domestic needs.
- Strong Subsidiary Network: Operates through subsidiaries like Confidence Futuristic and Sneha Petroleum, ensuring streamlined operations and enhanced service delivery.
- Extensive Workforce: Employs 917 individuals as of 2024, reflecting its operational scale and industry presence.
- Market Presence: Listed on both BSE (526829) and NSE (CONFIPET), demonstrating its robust financial standing and investor confidence.
- Website: Confidencepetro.com serves as its digital gateway for information and services.
Information about Confidence Petroleum India Ltd
| Information | Details |
|---|---|
| Website | confidencepetro.com |
| Headquarters | India |
| Founded | 1993 |
| Founder | Nitin Khara |
| Managing Director & CEO | Nitin Khara |
| Number of Employees | 917 (2024) |
| Subsidiaries | Confidence Futuristic, Sneha Petroleum |
| BSE Symbol | 526829 |
| NSE Symbol | CONFIPET |
Current Market Overview of Confidence Petroleum India Ltd. Share Price
Confidence Petroleum India Ltd. Share Price History
As of December 2024, Confidence Petroleum India Ltd.’s share is down by -3.92% today but has declined by -9.22% over the past week. Over the last month, the share has increased by +9.72%. It has also faced a drop of -22.45% over the past three months and a significant decline of -24.26% over the past year. However, the share has delivered a return of -6.28% over the last three years and an impressive +163.75% growth over the past five years.
Confidence Petroleum India Ltd. Share Fundamental Data
- Market Cap: ₹2,388 Cr.
- Current Price: ₹74.0
- High / Low: ₹120 / ₹62.6
- Stock P/E: 34.2
- Book Value: ₹39.8
- Dividend Yield: 0.14%
- ROCE: 13.5%
- ROE: 10.2%
- Face Value: ₹1.00
Market Position of Confidence Petroleum India Ltd. Share as of December 2024
| Time Period | Returns of Confidence Petroleum India Ltd. Share |
|---|---|
| 1 Day | -3.92% |
| 1 Week | -9.22% |
| 1 Month | 9.72% |
| 3 Months | -22.45% |
| 1 Year | -24.26% |
| 3 Years | -6.28% |
| 5 Years | 163.75% |
Confidence Petroleum India Share Price Target for 2024, 2025, 2026, 2027, 2028, 2029, 2030
Confidence Petroleum India Ltd. Share Price Target for 2024
In 2024, the share price target for Confidence Petroleum India Ltd. is expected to range between ₹75 and ₹78.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹75 | ₹78 |
Confidence Petroleum India Ltd. Share Price Target for 2025
For 2025, Confidence Petroleum India Ltd.’s share price target is projected to range between ₹80 and ₹114.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹80 | ₹114 |
Confidence Petroleum India Ltd. Share Price Target for 2026
In 2026, the share price target for Confidence Petroleum India Ltd. is expected to range between ₹117 and ₹167.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹117 | ₹167 |
Confidence Petroleum India Ltd. Share Price Target for 2027
By 2027, the share price target for Confidence Petroleum India Ltd. is estimated to range between ₹172 and ₹244.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹172 | ₹244 |
Confidence Petroleum India Ltd. Share Price Target for 2028
In 2028, Confidence Petroleum India Ltd.’s share price target is anticipated to range between ₹251 and ₹358.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹251 | ₹358 |
Confidence Petroleum India Ltd. Share Price Target for 2029
For 2029, the share price target for Confidence Petroleum India Ltd. is projected to range between ₹368 and ₹524.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹368 | ₹524 |
Confidence Petroleum India Ltd. Share Price Target for 2030
By 2030, Confidence Petroleum India Ltd.’s share price target is expected to range between ₹540 and ₹768.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹540 | ₹768 |
Financial Health and Performance Analysis of Confidence Petroleum India Ltd. (FY 2020 – FY 2024)
Confidence Petroleum India Ltd. Financials: Total Revenue (FY 2020 – FY 2024)
| Year | Total Revenue (₹ Cr) | Total Revenue Growth (%) |
|---|---|---|
| FY 2024 | ₹2,713.50 | 22.59% |
| FY 2023 | ₹2,213.39 | 54.34% |
| FY 2022 | ₹1,434.09 | 65.61% |
| FY 2021 | ₹865.93 | -19.98% |
| FY 2020 | ₹1,082.08 | 7.22% |
Confidence Petroleum India Ltd. Financials: Total Assets (FY 2020 – FY 2024)
| Year | Total Assets (₹ Cr) | Total Assets Growth (%) |
|---|---|---|
| FY 2024 | ₹2,202.50 | 34.13% |
| FY 2023 | ₹1,642.12 | 56.33% |
| FY 2022 | ₹1,050.45 | 33.15% |
| FY 2021 | ₹788.90 | 11.90% |
| FY 2020 | ₹704.97 | 13.72% |
Confidence Petroleum India Ltd. Financials: Net Cash Flow (FY 2020 – FY 2024)
| Year | Net Cash Flow (₹ Cr) |
|---|---|
| FY 2024 | ₹109.94 |
| FY 2023 | ₹49.46 |
| FY 2022 | ₹2.98 |
| FY 2021 | ₹-2.99 |
| FY 2020 | ₹-1.25 |
Confidence Petroleum India Ltd. Financials: Key Ratios (FY 2020 – FY 2024)
| Year | Return on Equity (ROE) (%) | Return on Capital Employed (ROCE) (%) | Return on Assets (ROA) (%) |
|---|---|---|---|
| FY 2024 | 8.65% | 12.74% | 4.60% |
| FY 2023 | 11.19% | 10.42% | 5.47% |
| FY 2022 | 12.83% | 13.01% | 8.36% |
| FY 2021 | 9.38% | 9.77% | 6.22% |
| FY 2020 | 11.98% | 12.59% | 7.43% |
Analysis Summary
- Total Revenue Growth: Confidence Petroleum India Ltd. has shown a steady increase in revenue. The total revenue growth in FY 2024 stood at 22.59%, continuing a positive trend after the 54.34% growth in FY 2023. This indicates the company’s resilience and ability to expand despite the challenges faced in earlier years.
- Total Assets Growth: The total assets of the company grew by 34.13% in FY 2024, maintaining significant growth after the 56.33% increase in FY 2023. This is a positive sign of the company’s expanding asset base.
- Net Cash Flow: The company’s net cash flow improved significantly to ₹109.94 Cr in FY 2024, reversing the negative trend observed in FY 2021 and FY 2020. This reflects an improvement in operational cash generation.
- Profitability Ratios:
- Return on Equity (ROE): ROE decreased to 8.65% in FY 2024, from 11.19% in FY 2023, showing a decline in profitability, though still reflecting a stable return compared to FY 2020’s higher performance.
- Return on Capital Employed (ROCE): The ROCE improved to 12.74% in FY 2024, signaling better capital efficiency.
- Return on Assets (ROA): ROA decreased to 4.60% in FY 2024 but is still better than the earlier years, particularly compared to FY 2021 and FY 2020’s lower performance.
How to Buy Confidence Petroleum India Ltd. Shares
- Choose a Broker: Select a trusted brokerage platform such as Zerodha, Upstox, Angel One, ICICI Direct, or HDFC Securities that provides access to Confidence Petroleum India Ltd. shares.
- Open a Trading Account: Register for both a Demat and trading account with your chosen broker. Popular platforms include Kite (Zerodha), Upstox Pro, and Angel Broking app.
- Complete KYC: Submit the necessary documents for Know Your Customer (KYC) verification, including proof of identity, address, and PAN card.
- Deposit Funds: Transfer the required funds into your trading account to facilitate the purchase of Confidence Petroleum India Ltd. shares.
- Search for the Company Shares: Locate Confidence Petroleum India Ltd. shares by searching for its name or ticker symbol on the brokerage platform.
- Place an Order: Decide how many shares to buy and place either a market order (for immediate execution at current prices) or a limit order (to set a specific buying price).
- Confirm Purchase: Review the order details carefully and confirm the transaction to successfully purchase Confidence Petroleum India Ltd. shares.
Confidence Petroleum India Ltd. Share Price Target for the Next 5 Years
Confidence Petroleum India Ltd. is set to experience substantial growth over the next few years, driven by its expanding market presence and strategic initiatives. Below are the share price targets for the next five years:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹75 | ₹78 |
| 2025 | ₹80 | ₹114 |
| 2026 | ₹117 | ₹167 |
| 2027 | ₹172 | ₹244 |
| 2028 | ₹251 | ₹358 |
Peer Comparison of Confidence Petroleum India Ltd.
| Name | Share Price (₹) | Market Cap (₹ Cr) |
|---|---|---|
| GMR Airports | 82.21 | 86,826.16 |
| SJVN | 115.60 | 45,420.73 |
| Sagility India | 43.58 | 20,453.19 |
| International Ge | 55.48 | 18,020.85 |
| Rites | 297.15 | 14,290.66 |
| RattanIndia Ent | 68.47 | 9,461.64 |
| CMS Info Systems | 524.85 | 8,571.12 |
| Confidence Petroleum | 73.97 | 2,388.09 |
Challenges and Risks of Investing in Confidence Petroleum India Ltd.
- Economic Sensitivity: Confidence Petroleum is exposed to fluctuations in the energy sector and broader economic conditions, which may impact demand for its products.
- Regulatory Risks: The company operates in a highly regulated sector, and changes in government policies or regulations could affect its operations and profitability.
- Commodity Price Volatility: As a player in the petroleum industry, the company is vulnerable to the volatility in global oil and gas prices, which could impact margins.
- Competition: Intense competition from larger and more established players in the energy sector may limit market share and profitability.
- Operational Risks: Given its size, the company faces operational challenges, including supply chain disruptions and the need to constantly innovate to stay competitive.
Confidence Petroleum India Ltd. Share Price: Key Factors Driving Growth
- Demand for LPG: The growing demand for LPG in both urban and rural areas provides significant growth opportunities for Confidence Petroleum.
- Expansion of Distribution Network: The company’s efforts to expand its retail and distribution network are expected to enhance market penetration and revenue generation.
- Government Support: Ongoing government initiatives for clean energy and LPG adoption can provide a tailwind to the company’s growth.
- Brand Recognition: Confidence Petroleum’s strong brand presence in the industry supports customer loyalty and market leadership.
- Operational Efficiency: Investments in enhancing operational processes and technological advancements contribute to improving profit margins and reducing costs.
