Confidence Petroleum India

NSE: CONFIPETBSE: 526829
Compare with peers
₹ 68.52▼ 0.81 (−1.17%)28 Oct, 03:29 pm IST
Market cap
₹ 2,342 Cr.
P/E
16.9x
P/B
1.73x
52-week range
28.06 – 93.2
ROE
7%
ROCE
9%
Dividend yield
0.1%
Debt / equity
0.54
Sector
Gas
Industry
LPG/CNG/PNG/LNG Supplier
Listed on
NSE, BSE

About

Confidence Petroleum India Limited is an India-based manufacturer of liquefied petroleum gas (LPG) cylinders. The Company operates through two segments: Cylinder and LPG. The Cylinder segment includes production and marketing operations of LPG/compressed natural gas (CNG) cylinders. The LPG segment includes LPG marketing and bottling business and others. It provides a range of industrial gas cylinders for nitrogen, oxygen, helium, argon, and more. Its LPG retail segment / packed LPG segment offers under the brand GoGas. It offers a range of cylinder sizes from 2 kilograms (kg) to 425 kg. Its subsidiaries include Hemkunt Petroleum Ltd, Taraa Lpg Bottling Pvt Ltd, Agwan Coach Pvt Ltd, Confidence Go Gas Ltd, Keppy Infrastructure Developers Pvt Ltd, Unity Cylinders& Equipment Pvt Ltd, Confidence Technologies Pvt Ltd, Sv Engineering Equipments Pvt Ltd, among others.

Quick check

The five things to look at first. Open one for more.

Confidence Petroleum India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)16.9 against a typical 14.5: pricier than most peers (1st = cheapest).6th of 7
  • Sales growth+116.6% against a typical +24.4% from a year earlier.1st of 7
  • Profit growth+215% against a typical +35% from a year earlier.1st of 7
  • Share price, 3 months−12.5% against a typical −8%.5th of 7
  • Size₹ 2,342.3 Cr. market value against a typical ₹ 19,893.1 Cr. (1st = largest).5th of 5

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Adequate safety

Rated A by Acuite
A
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
AcuiteACUITE AStable6 Feb 2026
Credit rating actions
RatingDetails
6 Feb 2026
Reaffirmed
ACUITE A—Acuite₹ 475 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
11 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
30 May 2026Financial Results/Dividend/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
14 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025
13 Aug 2025Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2025
29 May 2025Financial Results/DividendTo consider and approve the financial results for the period ended March 31, 2025 and dividend

Share price

1Y change +66.92%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6395546317787466979251,1129831,3941,2162,409
Expenses5504705207036686168341,0299011,3081,1202,265
Operating Profit89841107578819083828695144
OPM %14%15%18%10%10%12%10%7%8%6%8%6%
Other Income592511227711963
Interest211926192019212124251421
Depreciation264268414447434142434542
Profit before tax473219212537342727274384
Tax %34%15%26%25%15%28%19%25%25%22%19%25%
Net Profit312714152226272020213463
EPS in Rs0.940.960.310.450.530.920.690.610.610.630.941.86

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
30%
5 Years
40%
3 Years
29%
TTM
72%
Compounded Profit Growth
10 Years
56%
5 Years
13%
3 Years
5%
TTM
47%
Stock Price CAGR
10 Years
25%
5 Years
2%
3 Years
−6%
TTM
—
Return on Equity
10 Years
10%
5 Years
9%
3 Years
8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
57.38%
+1.49 pts in a year
FIIs
0.81%
−0.19 pts in a year
DIIs
0.19%
+0.11 pts in a year
Public
41.62%
−1.41 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 16.9xEPS (12 months) ₹ 4.05Median P/E 22x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Confidence Petroleum India₹ 68.52₹ 2,342 Cr.16.9x1.7x7%—
Gail (India)₹ 163.30₹ 1,07,371 Cr.14.9x1.3x8.7%5.3%
Adani Total Gas₹ 529.45₹ 58,376 Cr.118.5x16x14.5%9.9%
Gujarat Energy Ltd₹ 214.20₹ 20,097 Cr.12.3x1.4x4.9%5.7%
Indraprastha Gas₹ 141.95₹ 19,873 Cr.13.8x1.9x14%8.7%
Mahanagar Gas₹ 1,025.00₹ 10,169 Cr.12.9x1.7x13.7%9.3%

Management

Nitin Punamchand Khara
Executive Chairman of the Board, Managing Director, Chief Executive Officer
Elesh Punamchand Khara
Chief Financial Officer, Executive Director
Prity Pramod Bhabhra
Compliance Officer, Company Secretary

Prices are delayed and for information only. Nothing on this page is investment advice.