CONFIDENCE PETROLEUM has announced its results for the year ended March 2022. Let us have a look at the detailed performance review of the company during FY21-22.
No. of Mths Year Ending | 12 Mar-21* | 12 Mar-22* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 8,631 | 14,277 | 65.4% |
Other income | Rs m | 28 | 64 | 126.1% |
Total Revenues | Rs m | 8,659 | 14,341 | 65.6% |
Gross profit | Rs m | 1,259 | 1,883 | 49.6% |
Depreciation | Rs m | 522 | 668 | 27.9% |
Interest | Rs m | 135 | 116 | -14.2% |
Profit before tax | Rs m | 630 | 1,164 | 84.6% |
Tax | Rs m | 156 | 288 | 84.9% |
Profit after tax | Rs m | 474 | 876 | 84.6% |
Gross profit margin | % | 14.6 | 13.2 | |
Effective tax rate | % | 24.7 | 24.8 | |
Net profit margin | % | 5.5 | 6.1 |
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No. of Mths Year Ending | 12 Mar-21* | 12 Mar-22* | % Change | |
---|---|---|---|---|
Networth | Rs m | 5,332 | 6,944 | 30.2 |
Current Liabilities | Rs m | 557 | 846 | 51.9 |
Long-term Debt | Rs m | 480 | 420 | -12.5 |
Total Liabilities | Rs m | 7,889 | 10,504 | 33.2 |
Current assets | Rs m | 2,184 | 2,926 | 34.0 |
Fixed Assets | Rs m | 5,705 | 7,579 | 32.8 |
Total Assets | Rs m | 7,889 | 10,504 | 33.2 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-21 | Mar-22 | ||
Cash Flow from Operating Activities | Rs m | 975 | 1,029 | 5.5% |
Cash Flow from Investing Activities | Rs m | -1,420 | -1,692 | - |
Cash Flow from Financing Activities | Rs m | 415 | 692 | 66.8% |
Net Cash Flow | Rs m | -30 | 30 | - |
No. of Mths Year Ending | 12 Mar-21* | 12 Mar-22* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 30.4 | 50.3 |
TTM Earnings per share | Rs | 1.7 | 3.1 |
Diluted earnings per share | Rs | 1.7 | 3.1 |
Price to Cash Flow | x | 12.7 | 12.3 |
TTM P/E ratio | x | 26.7 | 25.5 |
Price / Book Value ratio | x | 1.7 | 2.7 |
Market Cap | Rs m | 9,118 | 18,922 |
Dividends per share (Unadj.) | Rs | 0.1 | 0.1 |
Current Ratio: The company's current ratio deteriorated and stood at 3.5x during FY22, from 3.9x during FY21. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio improved and stood at 11.1x during FY22, from 5.7x during FY21. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company improved and stood at 12.6% during FY22, from 8.9% during FY22. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company improved and stood at 17.4% during FY22, from 13.2% during FY21. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company improved and stood at 9.4% during FY22, from 7.7% during FY21. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-21* | 12 Mar-22* | |
---|---|---|---|
Current ratio | x | 3.9 | 3.5 |
Debtors’ Days | Days | 280 | 174 |
Interest coverage | x | 5.7 | 11.1 |
Debt to equity ratio | x | 0.1 | 0.1 |
Return on assets | % | 7.7 | 9.4 |
Return on equity | % | 8.9 | 12.6 |
Return on capital employed | % | 13.2 | 17.4 |
To see how CONFIDENCE PETROLEUM has performed over the last 5 years, please visit here.
Over the last one year, CONFIDENCE PETROLEUM share price has moved down from Rs 77.6 to Rs 76.0, registering a loss of Rs 1.6 or around 2.0%.
Meanwhile, the S&P BSE OIL & GAS Index is trading at Rs 19,536.7 (down 1.8%). Over the last one year it has moved up from 17,814.1 to 19,536.7, a gain of 1,723 points (up 9.7%).
Overall, the S&P BSE SENSEX is up 1.1% over the year.
(To know more, check out historical annual results for CONFIDENCE PETROLEUM and quarterly results for CONFIDENCE PETROLEUM)
CONFIDENCE PETROLEUM currently trades at Rs 90.5 per share. You can check out the latest share price performance of CONFIDENCE PETROLEUM here...
The revenues of CONFIDENCE PETROLEUM stood at Rs 14,341 m in FY22, which was up 65.6% compared to Rs 8,659 m reported in FY21.
CONFIDENCE PETROLEUM's revenue has grown from Rs 6,016 m in FY18 to Rs 14,341 m in FY22.
Over the past 5 years, the revenue of CONFIDENCE PETROLEUM has grown at a CAGR of 24.3%.
The net profit of CONFIDENCE PETROLEUM stood at Rs 876 m in FY22, which was up 84.6% compared to Rs 474 m reported in FY21.
This compares to a net profit of Rs 511 m in FY20 and a net profit of Rs 643 m in FY19.
Over the past 5 years, CONFIDENCE PETROLEUM net profit has grown at a CAGR of 34.7%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of CONFIDENCE PETROLEUM reveals:
Here's the cash flow statement of CONFIDENCE PETROLEUM for the past 5 years.
(Rs m) | FY18 | FY19 | FY20 | FY21 | FY22 |
---|---|---|---|---|---|
From Operations | 654 | 683 | 662 | 975 | 1,029 |
From Investments | -243 | -1,516 | -926 | -1,420 | -1,692 |
From Financial Activity | -331 | 874 | 251 | 415 | 692 |
Net Cashflow | 80 | 41 | -13 | -30 | 30 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of CONFIDENCE PETROLEUM reveals:
Here's the ratio/financial analysis of CONFIDENCE PETROLEUM for the past 5 years.
FY18 | FY19 | FY20 | FY21 | FY22 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 12.1 | 13.2 | 12.2 | 14.6 | 13.2 |
Net Profit Margin (%) | 4.4 | 6.4 | 4.7 | 5.5 | 6.1 |
Debt to Equity Ratio (x) | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
Read: Latest Annual Report Analysis of CONFIDENCE PETROLEUM
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