Confidence Petroleum India Limited stands as one of the largest private sector entities in India's LPG cylinder manufacturing industry, boasting state-of-the-art manufacturing units strategically dispersed across various states. This extensive network enables CPIL to efficiently serve a diverse customer base, including public sector undertakings (PSUs) like HPCL, BPCL, and IOCL, as well as leading private players such as Reliance.
The company's journey began in 1994 when it was established by Ashok Jain and Narendra Mohnot. To set up two LPG bottling plants, the company came out with a public issue in February 1995 and started commercial production at Pali in March 1995. It launched its product in the Devarsa Gas brand name in Rajasthan, followed by commercial production at Udaipur in March 1996.
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.
The LPG Division contributes 88% of revenue in H1 FY25 compared to 73% in FY22. In May 2022, the company commenced the import of LPG from International markets, particularly Middle Eastern countries, strengthening bulk LPG usage in industries and offering an optimal blend at competitive prices. It is a Leading importer of Propane, Butane, and LPG. It plans to expand this business due to substantial demand across India's industrial, retail, and commercial sectors.
The company has commissioned 8 new Auto LPG stations as of June 2025, bringing the total number of operational stations to 295, making it the second-largest operator in India. This expansion demonstrates the company's commitment to strengthening its position in the auto LPG segment.
The company's market capitalization stands at ₹1,675 crores as of recent data. As of March 17, 2025, the market cap stood at ₹1,575.49 crores.
During Q3 FY25, Confidence Petroleum India Ltd reported a total income of ₹717.92 crores, representing a decline of 5.0% compared to the previous quarter (Q2FY25) where the total income stood at ₹755.85 crores. Despite this quarter-over-quarter decrease, the company's total income demonstrated a substantial year-over-year increase of 27.6%, up from ₹562.80 crores in Q3 FY24.
In Q3 FY25, the company achieved a profit before tax of ₹35.59 crores, showcasing an improvement of 45.5% from the previous quarter's figure of ₹24.46 crores. This indicates a strong quarter-over-quarter performance in profitability. On a year-over-year basis, the profit before tax increased by 13.6% from ₹31.32 crores in Q3 FY24.
The profit after tax for Q3 FY25 was ₹26.33 crores, which is a 21.1% rise from Q2 FY25's ₹21.75 crores but a slight decrease of 4.0% compared to the ₹27.44 crores recorded in Q3 FY24.
The earnings per share (EPS) for Q3 FY25 was ₹0.90, marking an 80.0% increase from the previous quarter's EPS of ₹0.50. The EPS remained unchanged from the same quarter of the previous year (Q3 FY24), where it was also ₹0.90.
• Market Capitalization: ₹1,675 crores (as of recent data)
• Revenue for Q3 FY25: ₹717.92 crores
• Net Profit for Q3 FY25: ₹26.33 crores
• Earnings Per Share (EPS) for Q3 FY25: ₹0.90
• Annual Revenue (FY25): ₹3,146 crores
• Annual Net Profit (FY25): ₹90.8 crores
• Return on Equity (last 3 years): 8.95%
• Dividend Payout (last 3 years): 2.21% of profits
Over the past 6 months, the Confidence Petroleum India share price has decreased by 47.76% and in the last one year, it has decreased by 44.31%. The 52-week high was ₹102 and the 52-week low was ₹47.2.
In 1995-96, the company launched a 25-kg gas capacity cylinder for the first time in India for the commercial and industrial segment. To ensure better utilisation of its bottling plants, the company is doing contract filling of cylinders of other companies on jobwork basis alongwith bottling of own branded cylinders.
The company has established itself as a significant player in India's LPG ecosystem through its comprehensive approach to manufacturing, distribution, and retail operations. With its extensive network of bottling plants and auto LPG stations, Confidence Petroleum India continues to expand its market presence while serving diverse customer segments including industrial, commercial, and retail consumers. The company's strategic focus on importing LPG from international markets and expanding its auto LPG network positions it well for future growth in India's evolving energy landscape.
