Confidence Fut. (539991)
TurnaroundScore breakdown: P/E: 2/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹102.1 |
| Market Cap | ₹261.28 Cr |
| P/E Ratio | 13.1 |
| ROCE | 7.05% |
| ROE | 1.17% |
| Dividend Yield | 0.74% |
| Profit Growth | -92.72% |
| Debt/Equity | — |
| Sales Growth | -41.41% |
| 52-Week Range | ₹26.97 — ₹102.1 |
| Sector | Commercial Services & Supplies |
| Book Value | ₹59.14 |
Strengths
- Book value of ₹59.14 per share provides a tangible asset base.
- P/E of 13.10 is not demanding if earnings can stabilize.
- Latest quarter still generated ₹36 Cr of sales, so the business is not dead.
- ROCE of 7.05% is positive, indicating some operating capital productivity remains.
Concerns
- Profit growth has collapsed by 92.72%, and latest quarterly net profit is near zero.
- ROE of only 1.17% means shareholders earn almost nothing on book value.
- Piotroski F-Score of 3/9 points to weak financial health.
- Debt/equity and promoter holding are not disclosed, leaving balance-sheet risk hidden.
- Price is at ₹102.10, a 52-week high, despite sharply deteriorating fundamentals.
AI Analysis
Let me start with what I understand. Confidence Fut. is in trading and distribution, a business where the product is often a commodity and the customer can leave you for the next supplier. That alone tells me to look for a very strong balance sheet and steady earnings. I do not see either. Sales have fallen 41% and profits are down almost 93%. The latest quarter shows sales of ₹36 Cr and net profit of roughly zero. A trader once said 'turnarounds seldom turn'; I keep that in mind. The Piotroski score is 3 out of 9 — a sign of weak financial health. Return on equity is 1.17%, meaning the business earns almost nothing on shareholder capital. ROCE of 7.05% is below what a decent bond yields after tax. Book value is ₹59.14 per share, but the market is asking ₹102.10, nearly 1.73 times book, and this after a rally from ₹26.97 to a 52-week high. A low P/E of 13.1 looks tempting only if you believe earnings will recover. I do not have that evidence; in fact, quarterly profit is zero. Dividend yield is 0.74%, hardly compensation for the risk. Debt-equity and promoter holding are not disclosed, so I cannot check who is aligned or how much leverage sits underneath. Without a moat, without earnings, and without a margin of safety, this is a speculation, not an investment. I need a clearer bargain, or better financials, before I would commit a rupee.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer