---
title: "Confidence Futuristic Energetech Ltd (CFEL) — Share Price, Financials & Analysis"
symbol: "539991"
company: "Confidence Futuristic Energetech Ltd"
canonical: "https://tapetide.com/stocks/539991"
isin: "INE700F01024"
nse_symbol: "CFEL"
bse_code: "539991"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 102.61
generated_at: "2026-10-15T11:30:59.426Z"
---

# Confidence Futuristic Energetech Ltd (CFEL)

Canonical page: https://tapetide.com/stocks/539991

## Company

- **NSE Symbol:** CFEL
- **BSE Code:** 539991
- **ISIN:** INE700F01024
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2018-06-25
- **CEO:** Mr. Nitin Punamchand Khara
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** cfel.co.in

## About

Incorporated in 1985, Confidence Futuristic Energetch Ltd is in the business of CNG / 
Oxygen Cylinder[1]

## Latest Price

- **Price:** ₹41.01
- **Change:** -1.16 (-2.75%)
- **Open:** ₹41.33
- **Day High:** ₹42.15
- **Day Low:** ₹40.57
- **Previous Close:** ₹42.17
- **Volume:** 5310
- **As Of:** 2026-10-15T10:29:12+00:00

## Key Fundamentals

Price-based figures as of 2026-10-15T15:59:12+05:30.

Observed at 2026-10-15T04:55:41.277171Z.

- **Market Cap:** ₹102.61 Cr
- **Classification:** Microcap
- **P/E (TTM):** 14.29
- **EPS (TTM):** ₹2.87
- **Book Value:** ₹67.47
- **Price to Book:** 0.61
- **Dividend Yield:** 0.59%
- **ROE:** 3.39%
- **ROCE:** 3.45%
- **Debt to Equity:** 1
- **Revenue (yearly):** ₹164.1 Cr
- **Net Income:** ₹7 Cr
- **EBITDA:** ₹20.9 Cr
- **52-Week High:** ₹57.99
- **52-Week Low:** ₹24.36
- **RSI (14):** 48.99

## Tapetide Score

- **Score:** 51 / 100
- **Score date:** 2026-10-14
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 52.4 (of 4490 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.54 | 9% |
| growth | 19.52 | 9% |
| momentum | 92.62 | 12% |
| ownership | 50 | 24% |
| quality | 68.57 | 22% |
| valuation | 63.71 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.66 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Tax rate seems low
- Company has a low return on equity of 4.90% over last 3 years.
- Company might be capitalizing the interest cost
- Debtor days have increased from 104 to 126 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 153.15% | 21.22% | 187.18% |
| ebitda margin growth | -17.54% | 11.75% | -16.46% | -16.89% |
| net income growth | -81.25% | -30.69% | -1% | 263% |
| revenue growth | -35.68% | -35.82% | 9% | 157% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 25.67 | 29.77 | 72.12 | 53.37 | 66.01 | 61.99 | 68.01 | 40.98 | 24.98 | 36.32 | 55.84 | 35.84 |
| Expenses | 21.39 | 24.2 | 66.79 | 49.09 | 63.84 | 55.68 | 57.93 | 38.39 | 22.85 | 30.83 | 51.17 | 31.89 |
| Operating Profit | 4.28 | 5.57 | 5.33 | 4.28 | 2.17 | 6.31 | 10.08 | 2.59 | 2.13 | 5.49 | 4.67 | 3.95 |
| OPM % | 16.67 | 18.71 | 7.39 | 8.02 | 3.29 | 10.18 | 14.82 | 6.32 | 8.53 | 15.12 | 8.36 | 11.02 |
| Other Income | 0.66 | 0.64 | 0.72 | 0.6 | 2.17 | 0.05 | 3.49 | 1.49 | 2.51 | 0.99 | 1.03 | 0.73 |
| Interest | 1.44 | 1.56 | 1.98 | 2.13 | 1.92 | 0.48 | 5.97 | 1.44 | 2 | 3.89 | -0.4 | 1.17 |
| Depreciation | 3.26 | 2.68 | 1.68 | 2.23 | 2.24 | 2.26 | 2.61 | 2.3 | 2.3 | 2.32 | 2.33 | 2.02 |
| Profit before tax | 0.24 | 1.97 | 2.39 | 0.52 | 0.18 | 3.62 | 4.99 | 0.34 | 0.34 | 0.27 | 3.77 | 1.49 |
| Tax % | -4.17 | 61.42 | -11.3 | 17.31 | 16.67 | 44.48 | -3.81 | 32.35 | 47.06 | 25.93 | -69.23 | 21.48 |
| Net Profit | -0.18 | 1.09 | 3.74 | 0.79 | 0.82 | 2.72 | 5.76 | 0.23 | 0.19 | 0.2 | 6.38 | 1.17 |
| EPS in Rs | 0.01 | 0.54 | 1.26 | 0.34 | 0.39 | 1.21 | 2.21 | 0.11 | 0.17 | 0.09 | 2.15 | 0.46 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 54 | 122 | 176 | 249 | 158 | 153 |
| Expenses | 1 | 46 | 102 | 151 | 229 | 143 | 137 |
| Operating Profit | 0 | 7 | 21 | 24 | 21 | 15 | 16 |
| OPM % | 19 | 13 | 17 | 14 | 8 | 9 | 11 |
| Other Income | 0 | 2 | 4 | 3 | 11 | 6 | 5 |
| Interest | 0 | 2 | 5 | 6 | 10 | 7 | 7 |
| Depreciation | 0 | 3 | 11 | 11 | 9 | 9 | 9 |
| Profit before tax | 0 | 4 | 8 | 11 | 12 | 5 | 6 |
| Tax % | 0 | 24 | 20 | 21 | 13 | -48 | — |
| Net Profit | 0 | 3 | 6 | 8 | 10 | 7 | 8 |
| EPS in Rs | 0.02 | 1.27 | 2.57 | 3.44 | 4.14 | 2.52 | 2.87 |
| Dividend Payout % | 1500 | 30 | 15 | 11 | 6 | 10 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 13 | 13 | 13 | 13 | 13 |
| Reserves | 7 | 131 | 136 | 144 | 150 | 156 |
| Borrowings | 21 | 53 | 91 | 66 | 135 | 169 |
| Other Liabilities | 2 | 14 | 30 | 29 | 65 | 68 |
| Total Liabilities | 31 | 211 | 269 | 252 | 363 | 406 |
| Fixed Assets | 1 | 25 | 83 | 86 | 87 | 121 |
| CWIP | 0 | 49 | 1 | 1 | 44 | 6 |
| Investments | 0 | 22 | 23 | 23 | 0 | 0 |
| Other Assets | 30 | 114 | 162 | 141 | 232 | 279 |
| Total Assets | 31 | 211 | 269 | 252 | 363 | 406 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -17 | -39 | -28 | 28 | -64 | 40 |
| Cash from Investing Activity | 0 | -133 | -2 | 13 | -26 | -67 |
| Cash from Financing Activity | 17 | 173 | 31 | -39 | 93 | 26 |
| Net Cash Flow | 0 | 1 | 1 | 2 | 3 | -1 |
| Free Cash Flow | -17 | -39 | -28 | 28 | -64 | 40 |
| CFO/OP | -6189 | -531 | -129 | 125 | -301 | 251 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 26 | 36 | 63 | 78 | 108 | 126 |
| Inventory Days | 0 | 281 | 302 | 160 | 93 | 257 |
| Days Payable | — | 15 | 69 | 50 | 48 | 65 |
| Cash Conversion Cycle | 26 | 302 | 296 | 187 | 153 | 319 |
| Working Capital Days | -26 | 187 | 193 | 136 | 197 | 257 |
| ROCE % | — | 5 | 6 | 7 | 7 | 3 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% | 61.87% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 23.79% | 24.06% | 24.38% | 23.21% | 22.64% | 24.54% | 23.75% | 23.6% | 23.44% | 23.41% | 23.36% | 23.45% |
| Others | 14.34% | 14.07% | 13.75% | 14.92% | 15.49% | 13.59% | 14.38% | 14.53% | 14.69% | 14.72% | 14.77% | 14.68% |
| No. of Shareholders | 2065 | 2339 | 3011 | 3119 | 4647 | 5243 | 4875 | 4940 | 4941 | 4952 | 5491 | 5431 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 44.08 | Sell |
| EMA (10) | 43.89 | Sell |
| SMA (20) | 45.46 | Sell |
| EMA (20) | 43.5 | Sell |
| SMA (50) | 38.21 | Buy |
| EMA (50) | 40.42 | Buy |
| SMA (100) | 37.2 | Buy |
| EMA (100) | 38.62 | Buy |
| SMA (200) | 36.45 | Buy |
| EMA (200) | 41.27 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.22 | Neutral |
| MACD (12,26,9) | 1.16 | Sell |
| Stochastic (14,3,3) | 20.83 | Neutral |
| ADX (14) | 22.26 | Neutral |
| Williams %R (14) | -81.74 | Buy |
| ATR (14) | 2.74 | High Volatility |
| ROC (12) | -10.33 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 54.02 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-04-30 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb914c3f-7e44-41e0-884a-c15b4eee0524.pdf) |
| 2026-04-30 | [Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A](https://www.bseindia.com/xml-data/corpfiling/AttachLive/fb914c3f-7e44-41e0-884a-c15b4eee0524.pdf) |
| 2026-04-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d33ffcc4-a158-4d13-b93f-8b92bf32c632.pdf) |
| 2026-04-10 | [Clarification From CONFIDENCE FUTURISTIC ENERGETECH LIMITED](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a35fdc37-f923-4f09-98c6-74ae5beb861e.pdf) |
| 2026-03-31 | [Closure of Trading Window](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2a0baff2-9f21-4531-9ad9-9584adb7b6f9.pdf) |
| 2026-03-31 | [Clarification From CONFIDENCE FUTURISTIC ENERGETECH LIMITED](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6aabfc79-2b91-4d32-b404-ceef61ebe022.pdf) |
| 2026-02-27 | [Corrigendum to Detailed Public Statement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9F97B92A-C8C3-4107-8232-008D4DC7E427-181425.pdf) |
| 2026-02-26 | [Draft Letter of Offer](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1FC9818F-9303-4FBA-937B-A9B940C5CD34-081149.pdf) |
| 2026-02-26 | [Disclosures under Reg. 29(1) & 29(2) of SEBI (SAST) Regulations, 2011](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0329A96A_E2D2_4440_99ED_40DD7B771604_084608.pdf) |
| 2026-02-18 | [Detailed Public Statement](https://www.bseindia.com/xml-data/corpfiling/AttachHis/DDDDD898-D122-464A-A975-14BDCFF35FC1-085401.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1d5cb4e-ffe5-4ea9-9be9-eb6424bfde75.pdf) |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/db5474bb-76bc-4b59-ae6d-4d53489f3639.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9ed72602-d6ad-4d06-8716-ca8b580dcff3.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b1b9b924-89a8-44df-af7e-a31018c4dabb.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fda8455d-d2b0-43e0-a225-01207b60efa5.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a15bd115-4dfc-4f2f-9104-c3639456d2b2.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/539287/76905539287.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/539991/76983539991.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/539287/72809539287.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/539991/71487539991.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-10-01 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a03a4f2b-c0c4-440f-bbf2-d3cf9d77a1e3.pdf) |
| 2026-09-30 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9db6c91c-964b-4ee1-b2d2-0b077936d83f.pdf) |
| 2026-09-30 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dfb004fe-1dba-4058-810c-048be29360e7.pdf) |
| 2026-09-08 | [Notice Of 41St Annual General Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f53f6fdf-1307-4e2e-b436-0d9cd75f0fa8.pdf) |
| 2026-09-08 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ba1b6dd6-60cc-4718-ad7f-37e6b5caa903.pdf) |
| 2026-09-08 | [Intomation Of Record Date And Book Closure](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=991da089-0f9c-4700-825c-314d7327b393.pdf) |
| 2026-09-08 | [Fixation Of Record Date For AGM (E-Voting) And Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=365d5e66-2fbf-4c21-9230-71f4c50da13e.pdf) |
| 2026-09-07 | [Outcome Of Board Meeting Held On September 7 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=96074939-d2cc-4f8f-9cf5-81913f1c76c3.pdf) |
| 2026-08-06 | [Board Meeting Outcome for Outcome Of Board Meeting Held On August 06 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0fdcfedc-34d3-4e71-a78f-b402704bc274.pdf) |
| 2026-08-03 | [Board Meeting Intimation for Board Meeting To Be Held On August 6 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=108c66df-f5bf-469a-92f9-27f621290765.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-06 | [Results- Financial Result June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cffcee28-5d4e-404b-b9e3-bf6a1d60730d.pdf) |
| 2026-05-16 | [Result- Financail Result For March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbd19dc5-194e-4cf9-ab16-887809dcd50a.pdf) |
| 2026-02-06 | [Results- Financial Results For December 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aa7fa4e9-236c-4806-b8f6-a33b80eeb53a.pdf) |
| 2025-11-11 | [Result- Financial Result September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b32d3ed-1d38-45b0-a1e8-8b78625634cd.pdf) |
| 2025-08-07 | [Result- Financial Result June 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=79537f19-ece4-4dfc-9f8b-acda3ebcd45b.pdf) |
| 2025-05-22 | [Result- Financial Result March 31 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e98b3989-b294-4a97-8f96-8ae64868c087.pdf) |
| 2025-02-01 | [Results- Financial Result For December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9ea92da4-acaf-4daa-b49e-19dbf55d383b.pdf) |
| 2024-11-08 | [Results- Financial Result For 30Th September, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=668b9546-8d61-4b8a-9df4-e994ed371472.pdf) |
| 2024-07-25 | [Result-Financial Result For June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0d09b9d5-df2c-4f67-9cba-f1697b6eea67.pdf) |
| 2024-05-25 | [Outcome Of Board Meeting Held On 24Th May, 2024- Result For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9298ba5b-92e2-4815-b1e9-476c2e1439f2.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-15T11:30:59.426Z.