Confidence Petroleum India Limited
CONFIPET.BO
Bombay Stock Exchange76.90
INR
+6.99
- -
ISIN
INE552D01024
Return %
Stock
S&P500
1Y
28.00
26.53
3Y
13.22
76.60
5Y
21.97
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Nitin Punamchand Khara
- Full Time Employees
- 917
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
- Address
- 34A, CONFIDENCE TOWER Nagpur India 440010
- IPO Date
- May 25, 2005
- Website
- confidencegroup.co
- Similar Companies
- Business
- Confidence Petroleum India Limited is a leading integrated energy company in India specializing in the manufacturing, distribution, and marketing of LPG (liquefied petroleum gas) and CNG (compressed natural gas) products. The company offers a comprehensive portfolio including LPG cylinders for domestic, commercial, and industrial use; auto LPG fuel supplied through an extensive network of over 200 dispensing stations; CNG supplied via its growing network of CNG stations; LPG bulk marketing involving import and distribution primarily of propane and butane sourced from international markets; LPG bottling and blending services; and allied services such as cylinder manufacturing and transportation logistics. It operates more than 15 cylinder manufacturing plants, over 60 bottling and blending plants, and a fleet of around 470+ tanker vehicles, serving customers across India. Founded in 1993 and headquartered in Mumbai, Maharashtra, the company is publicly listed on NSE and BSE. In recent years, Confidence Petroleum has expanded its market presence and operations significantly. Notably, it formed a strategic 50/50 joint venture with BW LPG named BW Confidence Enterprise Private Limited to enhance investments in onshore LPG import infrastructure to meet growing domestic demand. The company has also raised substantial capital through equity issuance to support expansion in its LPG auto and packed cylinder divisions, as well as CNG retailing segments. Operational expansions include increasing the number of CNG stations in Bangalore from 3 to 35 and auto LPG stations from 219 to 248, along with growth of its bottling plants from 58 to 68. The company’s recent initiatives underscore a strategic focus on expanding LPG bulk import capabilities, infrastructure enhancement, and broadening its footprint in the industrial, retail, and commercial fuel sectors across India. Confidence Petroleum targets industrial, commercial, and retail fuel markets, positioning itself as a cost-competitive, quality-driven provider of clean energy solutions with an emphasis on safe and eco-friendly fuels. Its business segments encompass LPG bulk marketing; cylinder manufacturing; auto LPG dispensing; CNG supply; and oil and gas exploration activities. The company’s infrastructure and scale support competitive pricing and uninterrupted fuel supply, aligning with India’s energy demand growth and government focus on increasing natural gas utilization in the energy mix. Overall, Confidence Petroleum India Limited is a major private sector player in the Indian LPG and CNG market, leveraging product innovation, strategic alliances, and expansive operational scale to strengthen its market position and support the country’s energy transition goals.