Share Price and Basic Stock Data

Last Updated: November 19, 2024, 5:47 pm

Market Cap	163 Cr.
Current Price	65.3
High / Low	141/58.1
Stock P/E	30.4
Book Value	63.0
Dividend Yield	0.57 %
ROCE	7.27 %
ROE	5.54 %
Face Value	5.00
PEG Ratio	0.20

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Confidence Futuristic Energetech Ltd

Competitors of Confidence Futuristic Energetech Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Incon Engineers Ltd	6.69 Cr.	15.4	24.8/12.1		0.44	0.00 %	72.7 %	162 %	10.0
Hittco Tools Ltd	8.56 Cr.	13.9	16.0/9.53		4.59	0.00 %	7.27 %	5.66 %	10.0
Harshil Agrotech Ltd	641 Cr.	12.6	13.7/0.29	108	1.20	0.00 %	16.4 %	13.5 %	1.00
Gujarat Toolroom Ltd	195 Cr.	12.2	45.9/10.8	1.66	14.8	8.23 %	179 %	170 %	1.00
GTV Engineering Ltd	154 Cr.	492	640/375	23.5	125	0.00 %	12.7 %	13.5 %	10.0
Industry Average	3,337.61	N/A		32.15	N/A	N/A	28.37	23.51	N/A

All Competitor Stocks of Confidence Futuristic Energetech Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	4.04	13.39	11.66	24.45	21.83	25.41	26.68	48.44	48.35	25.67	29.77	72.12	53.37
Expenses	6.61	9.17	8.74	21.88	19.37	20.28	20.96	41.00	39.04	21.39	24.20	66.79	49.09
Operating Profit	-2.57	4.22	2.92	2.57	2.46	5.13	5.72	7.44	9.31	4.28	5.57	5.33	4.28
OPM %	-63.61%	31.52%	25.04%	10.51%	11.27%	20.19%	21.44%	15.36%	19.26%	16.67%	18.71%	7.39%	8.02%
Other Income	0.00	0.00	0.02	1.26	0.39	0.55	0.63	1.10	0.72	0.66	0.64	0.72	0.60
Interest	0.00	0.13	0.25	1.51	0.60	1.20	1.55	2.12	1.52	1.44	1.56	1.98	2.13
Depreciation	0.55	0.55	1.24	0.31	1.56	3.39	3.39	1.97	3.10	3.26	3.18	1.68	2.23
Profit before tax	-3.12	3.54	1.45	2.01	0.69	1.09	1.41	4.45	5.41	0.24	1.47	2.39	0.52
Tax %	-25.00%	25.14%	24.83%	26.87%	26.09%	21.10%	23.40%	15.96%	27.36%	-4.17%	80.27%	-11.30%	17.31%
Net Profit	-2.34	2.66	1.08	1.78	0.51	0.86	1.08	4.71	3.71	-0.18	0.61	3.74	0.79
EPS in Rs	-4.42	5.02	0.43	0.71	0.20	0.34	0.43	1.87	1.57	0.01	0.35	1.26	0.34

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:42 pm

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1	54	122	176	181
Expenses	1	46	101	151	161
Operating Profit	0	7	21	24	19
OPM %	19%	13%	17%	14%	11%
Other Income	0	2	4	3	3
Interest	0	2	5	6	7
Depreciation	0	3	10	11	10
Profit before tax	0	4	9	11	5
Tax %	0%	24%	21%	21%
Net Profit	0	3	7	8	5
EPS in Rs	0.02	1.27	2.85	3.44	1.96
Dividend Payout %	1,500%	30%	13%	11%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2022-2023	2023-2024
YoY Net Profit Growth (%)	133.33%	14.29%
Change in YoY Net Profit Growth (%)	0.00%	-119.05%

Confidence Futuristic Energetech Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 2 years from 2022-2023 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	%
3 Years:	400%
TTM:	48%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	847%
TTM:	-42%

Stock Price CAGR
10 Years:	%
5 Years:	15%
3 Years:	27%
1 Year:	-40%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	5%
Last Year:	6%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:31 pm

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	13	13	13	13
Reserves	7	131	138	144	145
Borrowings	21	53	91	66	111
Other Liabilities	2	14	30	29	46
Total Liabilities	31	211	271	252	315
Fixed Assets	1	25	86	86	83
CWIP	0	49	1	1	3
Investments	0	22	23	23	23
Other Assets	30	114	162	141	205
Total Assets	31	211	271	252	315

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-17	-39	-28	28
Cash from Investing Activity +	0	-133	-2	13
Cash from Financing Activity +	17	173	31	-39
Net Cash Flow	0	1	1	2

Free Cash Flow

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-21.00	-46.00	-70.00	-42.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	26	36	63	78
Inventory Days	0	281	303	160
Days Payable		15	70	50
Cash Conversion Cycle	26	302	297	187
Working Capital Days	-26	306	276	180
ROCE %		5%	6%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	56.99%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%	61.87%
Public	43.01%	38.13%	38.13%	38.13%	38.13%	38.13%	38.13%	38.14%	38.14%	38.13%	38.13%	38.13%
No. of Shareholders	514	592	594	594	592	1,449	1,523	1,982	2,065	2,339	3,011	3,119

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	10.00	10.00
Basic EPS (Rs.)	3.44	3.81	6.18	0.05
Diluted EPS (Rs.)	3.44	3.81	6.18	0.05
Cash EPS (Rs.)	7.38	6.54	4.41	1.35
Book Value[Excl.RevalReserv]/Share (Rs.)	64.75	61.40	118.40	43.34
Book Value[Incl.RevalReserv]/Share (Rs.)	64.75	61.40	118.40	43.34
Revenue From Operations / Share (Rs.)	70.30	48.90	42.79	7.05
PBDIT / Share (Rs.)	10.89	9.36	6.72	1.38
PBIT / Share (Rs.)	6.60	5.01	4.59	0.08
PBT / Share (Rs.)	4.00	2.83	3.09	0.06
Net Profit / Share (Rs.)	3.10	2.19	2.29	0.04
NP After MI And SOA / Share (Rs.)	3.44	2.56	2.18	0.04
PBDIT Margin (%)	15.48	19.14	15.69	19.61
PBIT Margin (%)	9.38	10.25	10.73	1.13
PBT Margin (%)	5.69	5.78	7.22	0.87
Net Profit Margin (%)	4.40	4.47	5.34	0.64
NP After MI And SOA Margin (%)	4.88	5.23	5.08	0.64
Return on Networth / Equity (%)	5.47	4.30	1.89	0.10
Return on Capital Employeed (%)	8.16	5.74	3.10	0.05
Return On Assets (%)	3.41	2.37	1.29	0.02
Long Term Debt / Equity (X)	0.25	0.42	0.25	2.37
Total Debt / Equity (X)	0.38	0.61	0.37	2.37
Asset Turnover Ratio (%)	0.67	0.02	0.04	0.00
Current Ratio (X)	2.41	2.31	2.12	1.63
Quick Ratio (X)	1.30	1.08	1.01	1.63
Inventory Turnover Ratio (X)	2.01	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	10.92	14.64	5.50	0.00
Dividend Payout Ratio (CP) (%)	4.86	5.42	2.78	0.00
Earning Retention Ratio (%)	89.08	85.36	94.50	0.00
Cash Earning Retention Ratio (%)	95.14	94.58	97.22	0.00
Interest Coverage Ratio (X)	4.19	4.28	4.47	74.73
Interest Coverage Ratio (Post Tax) (X)	2.19	2.00	2.52	3.46
Enterprise Value (Cr.)	326.11	352.14	198.13	27.02
EV / Net Operating Revenue (X)	1.85	2.88	3.70	19.16
EV / EBITDA (X)	11.97	15.04	23.58	97.70
MarketCap / Net Operating Revenue (X)	1.50	2.11	2.64	4.76
Retention Ratios (%)	89.07	85.35	94.49	0.00
Price / BV (X)	1.68	1.74	0.98	0.77
Price / Net Operating Revenue (X)	1.50	2.11	2.64	4.76
EarningsYield	0.03	0.02	0.01	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Confidence Futuristic Energetech Ltd as of November 20, 2024 is: 106.71

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 20, 2024, Confidence Futuristic Energetech Ltd is Undervalued by 63.42% compared to the current share price 65.30

Intrinsic Value of Confidence Futuristic Energetech Ltd as of November 20, 2024 is: 266.96

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 20, 2024, Confidence Futuristic Energetech Ltd is Undervalued by 308.82% compared to the current share price 65.30

Last 5 Year EPS CAGR: 150.18%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (113.00 cr) compared to borrowings (68.40 cr), indicating strong financial stability. The company has shown consistent growth in sales (106.80 cr) and profit (5.80 cr) over the years.	The stock has a low average ROCE of 4.50%, which may not be favorable. The stock has a high average Working Capital Days of 184.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 203.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Confidence Futuristic Energetech Ltd:
1. Net Profit Margin: 4.4%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 8.16% (Industry Average ROCE: 28.37%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 5.47% (Industry Average ROE: 23.51%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.19
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.3
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 30.4 (Industry average Stock P/E: 32.15)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.38
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Confidence Futuristic Energetech Ltd. is a Public Limited Listed company incorporated on 26/06/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74110MH1985PLC386541 and registration number is 021328. Currently company belongs to the Industry of Engineering - General. Company’s Total Operating Revenue is Rs. 3.50 Cr. and Equity Capital is Rs. 12.51 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Engineering - General	Office 419, Plot-71 Thane, Mumbai Maharashtra 400703	cs@cfel.co.in http://www.cfel.co.in

Management
Name	Position Held
Mr. Nitin Khara	Managing Director
Ms. Sarvesh Khara	Non Executive Director & CFO
Mr. Sanjay Naphade	Non Executive Director
Mr. Sumant Sutaria	Independent Director
Mrs. Mansi Deogirkar	Independent Woman Director
Mr. Vaibhav Dedhia	Independent Director

FAQ

What is the latest intrinsic value of Confidence Futuristic Energetech Ltd?

The latest intrinsic value of Confidence Futuristic Energetech Ltd as on 19 November 2024 is ₹106.71, which is 63.42% higher than the current market price of ₹65.30.

What is the Market Cap of Confidence Futuristic Energetech Ltd?

The Market Cap of Confidence Futuristic Energetech Ltd is 163 Cr..

What is the current Stock Price of Confidence Futuristic Energetech Ltd as on 19 November 2024?

The current stock price of Confidence Futuristic Energetech Ltd as on 19 November 2024 is ₹65.3.

What is the High / Low of Confidence Futuristic Energetech Ltd stocks in FY 2024?

In FY 2024, the High / Low of Confidence Futuristic Energetech Ltd stocks is 141/58.1.

What is the Stock P/E of Confidence Futuristic Energetech Ltd?

The Stock P/E of Confidence Futuristic Energetech Ltd is 30.4.

What is the Book Value of Confidence Futuristic Energetech Ltd?

The Book Value of Confidence Futuristic Energetech Ltd is 63.0.

What is the Dividend Yield of Confidence Futuristic Energetech Ltd?

The Dividend Yield of Confidence Futuristic Energetech Ltd is 0.57 %.

What is the ROCE of Confidence Futuristic Energetech Ltd?

The ROCE of Confidence Futuristic Energetech Ltd is 7.27 %.

What is the ROE of Confidence Futuristic Energetech Ltd?

The ROE of Confidence Futuristic Energetech Ltd is 5.54 %.

What is the Face Value of Confidence Futuristic Energetech Ltd?

The Face Value of Confidence Futuristic Energetech Ltd is 5.00.