Confidence Petroleum India Ltd
Confidence Petroleum India Ltd is engaged in manufacturing of LPG cylinders and is also a supplier of auto LPG in India with its network of bottling plants and Auto LPG dispensing stations across India. It also supplies packed LPG cylinders and is also engaged in LPG bottling catering to industrial and commercial customers.[1]
Strengths
- +Company is expected to give good quarter
- +Company's median sales growth is 27.5% of last 10 years
Weaknesses
- −Company has a low return on equity of 9.21% over last 3 years.
- −Dividend payout has been low at 3.86% of profits over last 3 years
- −Promoter holding has decreased over last 3 years: -5.56%
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.89% | 55.89% | 55.89% | 55.89% | 55.89% | 55.89% | 55.89% | 55.89% |
| FIIs | 1.94% | 2.04%▲0.1 | 2.4%▲0.4 | 2.71%▲0.3 | 1%▼1.7 | 0.97%▼0.0 | 0.69%▼0.3 | 0.48%▼0.2 |
| DIIs | 0.52% | 0.43%▼0.1 | 0.28%▼0.1 | 0.1%▼0.2 | 0.08%▼0.0 | 0.04%▼0.0 | 0.01%▼0.0 | 0.01% |
| Public | 41.65% | 41.65% | 41.45%▼0.2 | 41.32%▼0.1 | 43.03%▲1.7 | 43.11%▲0.1 | 43.42%▲0.3 | 43.63%▲0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 600 | 531 | 587 | 771 | 711 | 649 | 896 | 1,064 | 1,092 | 1,211 |
| Expenses | 519 | 457 | 488 | 704 | 638 | 580 | 817 | 987 | 1,015 | 1,133 |
| Operating Profit | 81 | 74 | 99 | 67 | 73 | 69 | 79 | 76 | 77 | 77 |
| OPM % | 14% | 14% | 17% | 9% | 10% | 11% | 9% | 7% | 7% | 6% |
| Net Profit | 30 | 25 | 9 | 14 | 20 | 23 | 21 | 19 | 20 | 21 |
| EPS ₹ | 1.06 | 0.86 | 0.3 | 0.42 | 0.59 | 0.69 | 0.62 | 0.58 | 0.59 | 0.62 |
AI Insights
TTM revenue at ₹4,262Cr, up 40.8% YoY. OPM at 7%.
Borrowings at ₹588Cr. Debt-to-equity ratio: 0.49x. Healthy balance sheet.
CWIP at ₹32Cr (4% of fixed assets). Moderate ongoing capital expenditure.
DIIs: 0.01% (-1.22pp change). FIIs: 0.48% (-1.46pp change). Promoters hold 55.89%.
ROCE improving from 6% (Mar 2014) to 10% (Mar 2025). Working capital days: 37.
PE 25.2x with 10% ROCE. Price is 63% above book value of ₹37.4. Dividend yield: 0.16%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - CARE report for quarter ended March 31, 2026 found no deviation; ₹1.02 crore remains unutilized.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 4 May
- Shareholder Meeting / Postal Ballot-Outcome of EGM 2 May - EGM on 2 May 2026 approved joint auditor appointment, borrowing limits and creation of charge.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Confidence Petroleum says it is not a Large Corporate; outstanding borrowings were 173 crore as of 31 March 2026.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 22 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse