Alerts will be sent to your verified email
Verify EmailCONFIPET
Balance sheet of Confidence Petroleum is strong.
It shouldn't have solvency or liquidity issues.
Yes, The net debt of Confidence Petroleum is increasing.
Latest net debt of Confidence Petroleum is ₹221 Crs as of Mar-25.
This is greater than Mar-24 when it was -₹87.4 Crs.
The profit is oscillating.
The profit of Confidence Petroleum is ₹92.99 Crs for TTM, ₹86.22 Crs for Mar 2025 and ₹101 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Confidence Petroleum latest dividend payout ratio is 3.85% and 3yr average dividend payout ratio is 3.5%
Companies resources are allocated to majorly unproductive assets like Accounts Receivable, Short Term Loans & Advances