
About Confidence Group
Confidence Group is a publicly listed company based in Nagpur (India) founded in 1993. Bottled LPG gas cylinders are manufactured and supplied in India. Confidence Group has raised $11.28 million across 2 funding rounds from investors including BW LPG. The company has 438 employees. Confidence Group has completed 1 acquisition, including Punjab Petroleum. Its Indian entity Confidence Petroleum India Limited reported revenue of βΉ4,737 Cr. Confidence Group offers products and services including LPG Supply and Cylinder Manufacturing. Its focus areas include Energy, Oil & Gas Downstream and Oils & Lubricants.
Company details
The Confidence Group was established in 1993 in Nagpur, India, as a manufacturer and supplier of bottled LPG gas cylinders. Operations are centered in the energy sector, with production and distribution focused on liquefied petroleum gas products for domestic use. The company is led by Managing Director Nitin Khara, whose DIN is 01670977. Activities are conducted from the Nagpur base, serving regional markets in India.
- Headquarters Nagpur, India
- Employees 438
- Stage Public
- SectorsEnergy & Utilities
- Emailβ’β’β’β’β’β’β’β’
- Website confidencegroup.co
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Confidence Petroleum India Ltd
- Date of Incorporation 21 Jul, 1994
- Jurisdiction Mumbai, Maharashtra, India
- Market Cap₹2,246 Cr
CONFIPET · NSE
- Share Price₹59.57
-11.88% today
- Revenue₹4,705 Cr
FY 2025-26 · +49.6% YoY
- EBITDA₹347 Cr
Margin 7.4%
- Net Profit₹92.89 Cr
FY 2025-26 · +2.3% YoY
- P/E (TTM)17.0x
P/B 1.6x
- Total Equity Funding$11.28M (USD)
in 2 rounds
- Investors
- Employee Count438
- Investments & Acquisitions
Associated legal entities of Confidence Group
Confidence Group operates through Confidence Petroleum India Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Confidence Petroleum India Limited Listed CIN L40200MH1994PLC079766 | Active | 21 Jul 1994 | Mumbai, Maharashtra | ₹4,737 Cr | 438 | 9 | View details |
Products & Services of Confidence Group
Confidence Group offers a comprehensive portfolio of products and services, including LPG Supply and Cylinder Manufacturing.
Supply of liquefied petroleum gas is conducted for individuals and commercial entities through a network of dealers and stations
High-pressure cylinder manufacturing is performed at facilities that meet quality standards for industrial gases
Apps and channels of Confidence Group
its YouTube channel Confidence Petroleum has 13.9K subscribers and 30 videos.
Videos from Confidence Group
The most watched videos on Confidence Group's YouTube channel, Confidence Petroleum (13.9K subscribers). Click a video to play it here.
More on Confidence Petroleum.
Funding Insights of Confidence Group
Confidence Group has successfully raised a total of $11.28M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11.28M
- Total Rounds 2
- First Round $11.28M
(Aug 2018)
- Investors Count 1
All 2 funding rounds of Confidence Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | Post-IPO | β | β | ||
| Aug 2018 | $11.28M | Series B | β | β | β |
1 investors in total: 1 institutional.
Investors in Confidence Group
Confidence Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include BW LPG.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
LPG shipping services are provided for global energy transport. | 1935 | bwlpg.com | Singapore, Singapore |
Investor details for Confidence Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Confidence Petroleum India Limited (Confidence Group)
Confidence Petroleum India Limited is the primary company behind Confidence Group. The board of Confidence Petroleum India Limited currently have 7 directors; the longest-serving is Elesh Khara, appointed in 2004. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Elesh Khara DIN 01765620 | Director | 20 Feb 2004 | 22 yrs 8 mo | Confidence Petroleum India Limited |
| Nitin Punamchand Khara DIN 01670977 | Managing Director | 01 Oct 2004 | 22 yrs 1 mo | Confidence Petroleum India Limited |
| Vaibhav Pradeep Dedhia DIN 08068912 | Director | 14 Feb 2018 | 8 yrs 8 mo | Confidence Petroleum India Limited |
| Sumit Bansal DIN 07449864 | Director | 08 Sep 2025 | 1 yr 1 mo | Confidence Petroleum India Limited |
| Richa Kathuria DIN 07632571 | Director | 08 Sep 2025 | 1 yr 1 mo | Confidence Petroleum India Limited |
| Prasad Dinkarrao Manjarkhede DIN 11521864 | Director | 04 Feb 2026 | 8 mo | Confidence Petroleum India Limited |
| Nimisha Rohit Agarwal DIN 11442309 | Director | 04 Feb 2026 | 8 mo | Confidence Petroleum India Limited |
People of Confidence Group
1 people are tracked at Confidence Group (1 in leadership); the tracked headcount is 438.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Confidence Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Confidence Group
Confidence Group is a publicly listed company on the NSE with ticker symbol CONFIPET in India, operating in the Retail trade sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date13 Jun 2019
- Listed onNSE: CONFIPET
- Listed entityConfidence Petroleum India Limited
- Exchange sectorRetail trade
Financials of Confidence Group
Exchange-reported figures of Confidence Petroleum India Limited, the listed company behind Confidence Group (NSE: CONFIPET).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,705 | 3,146 | 2,698 | 2,205 | 1,428 | 863 | 1,078 |
| Revenue growth | +49.6% | +16.6% | +22.4% | +54.4% | +65.4% | -19.9% | - |
| EBITDA | 347 | 324 | 359 | 216 | 186 | 121 | 127 |
| EBITDA margin | +7.4% | +10.3% | +13.3% | +9.8% | +13.0% | +14.0% | +11.8% |
| Profit before tax | 125 | 113 | 140 | 115 | 116 | 63.03 | 69.43 |
| Net profit | 92.89 | 90.84 | 105 | 80.95 | 89.74 | 49.41 | 52.42 |
| Net profit margin | +2.0% | +2.9% | +3.9% | +3.7% | +6.3% | +5.7% | +4.9% |
| EPS (βΉ) | 2.80 | 2.73 | 3.32 | 2.85 | 3.16 | 1.74 | 1.91 |
| Balance sheet | |||||||
| Total assets | 2,305 | 2,215 | 1,920 | 1,313 | 1,007 | 754 | 651 |
| Net worth | 1,418 | 1,328 | 1,182 | 807 | 694 | 533 | 448 |
| Total debt | 761 | 765 | 633 | 412 | 96.76 | 87.51 | 72.83 |
| Cash & bank | 223 | 158 | 259 | 73.59 | 20.63 | 17.66 | 20.65 |
| Net working capital | 961 | 974 | 774 | 474 | 263 | 202 | 193 |
| Cash flow | |||||||
| Cash from operations | 400 | 5.32 | 263 | (125) | 103 | 97.55 | 66.23 |
| Cash from investing | (338) | (130) | (375) | (204) | (169) | (142) | (92.60) |
| Cash from financing | (154) | 152 | 222 | 330 | 69.24 | 41.52 | 25.12 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,409 | 1,216 | 1,394 | 983 | 1,112 | 925 | 697 | 746 |
| Revenue growth (YoY) | +116.6% | +31.5% | +99.9% | +31.8% | +42.9% | - | - | - |
| Other income | 3.19 | 6.04 | 9.08 | 10.58 | 6.82 | 7.40 | 21.78 | 11.12 |
| EBITDA | 144 | 95.31 | 86.07 | 82.44 | 82.80 | 90.50 | 80.83 | 77.95 |
| EBITDA margin | +6.0% | +7.8% | +6.2% | +8.4% | +7.4% | +9.8% | +11.6% | +10.5% |
| Depreciation | 42.16 | 45.10 | 42.83 | 41.52 | 41.24 | 43.31 | 46.90 | 43.57 |
| Interest | 21.04 | 13.63 | 24.97 | 24.12 | 21.03 | 20.75 | 18.99 | 20.02 |
| Profit before tax | 83.63 | 42.62 | 27.35 | 27.38 | 27.35 | 33.84 | 36.72 | 25.48 |
| Tax | 21.08 | 8.23 | 6.07 | 6.97 | 6.90 | 6.52 | 10.39 | 3.73 |
| Net profit | 62.55 | 34.39 | 21.28 | 20.41 | 20.45 | 27.32 | 26.33 | 21.75 |
| EPS (βΉ) | 1.86 | 0.94 | 0.63 | 0.62 | 0.61 | 0.69 | 0.92 | 0.53 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,530 | 3,027 | 2,522 | 2,044 | 1,278 | 780 | 986 |
| Revenue growth | +49.6% | +20.1% | +23.4% | +60.0% | +63.9% | -20.9% | - |
| EBITDA | 315 | 288 | 319 | 186 | 169 | 116 | 121 |
| EBITDA margin | +7.0% | +9.5% | +12.6% | +9.1% | +13.2% | +14.9% | +12.3% |
| Profit before tax | 115 | 100 | 128 | 102 | 108 | 61.02 | 66.19 |
| Net profit | 86.33 | 77.40 | 93.38 | 73.13 | 80.70 | 45.76 | 49.65 |
| Net profit margin | +1.9% | +2.6% | +3.7% | +3.6% | +6.3% | +5.9% | +5.0% |
| EPS (βΉ) | 2.60 | 2.33 | 2.94 | 2.58 | 2.84 | 1.61 | 1.81 |
| Balance sheet | |||||||
| Total assets | 1,804 | 1,783 | 1,575 | 1,230 | 782 | 673 | 587 |
| Net worth | 1,286 | 1,204 | 1,059 | 694 | 590 | 513 | 430 |
| Total debt | 515 | 579 | 515 | 536 | 58.10 | 52.26 | 59.41 |
| Cash & bank | 214 | 144 | 249 | 65.24 | 14.05 | 14.55 | 18.56 |
| Net working capital | 733 | 753 | 611 | 288 | 193 | 177 | 170 |
| Cash flow | |||||||
| Cash from operations | 466 | 64.35 | 294 | (24.95) | 125 | 93.43 | 76.30 |
| Cash from investing | (402) | (43.18) | (166) | (466) | (143) | (127) | (104) |
| Cash from financing | (152) | 1.93 | (18.08) | 494 | 17.32 | 29.33 | 27.75 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,349 | 1,164 | 1,211 | 1,092 | 1,064 | 896 | 649 | 711 |
| Revenue growth (YoY) | +120.9% | +29.8% | +86.5% | +53.6% | +37.9% | - | - | - |
| Other income | 4.46 | 13.49 | 8.11 | 8.37 | 5.99 | 5.37 | 22.40 | 8.16 |
| Total expenses | 2,213 | 1,079 | 1,133 | 1,015 | 987 | 817 | 580 | 638 |
| EBITDA | 136 | 84.63 | 77.31 | 76.84 | 76.48 | 79.13 | 68.73 | 72.86 |
| EBITDA margin | +5.8% | +7.3% | +6.4% | +7.0% | +7.2% | +8.8% | +10.6% | +10.3% |
| Depreciation | 38.58 | 40.55 | 40.17 | 38.07 | 37.80 | 40.67 | 42.89 | 39.80 |
| Interest | 20.31 | 20.87 | 18.83 | 20.70 | 18.78 | 17.19 | 16.75 | 17.99 |
| Profit before tax | 81.40 | 36.70 | 26.42 | 26.44 | 25.89 | 26.64 | 31.49 | 23.23 |
| Tax | 20.61 | 10.00 | 5.83 | 6.81 | 6.49 | 5.92 | 8.60 | 3.48 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,409 | 1,216 | 1,394 | 983 | 1,112 | 925 | 697 | 746 |
| Revenue growth (YoY) | +116.6% | +31.5% | +99.9% | +31.8% | +42.9% | - | - | - |
| Other income | 3.19 | 6.04 | 9.08 | 10.58 | 6.82 | 7.40 | 21.78 | 11.12 |
| EBITDA | 144 | 95.31 | 86.07 | 82.44 | 82.80 | 90.50 | 80.83 | 77.95 |
| EBITDA margin | +6.0% | +7.8% | +6.2% | +8.4% | +7.4% | +9.8% | +11.6% | +10.5% |
| Depreciation | 42.16 | 45.10 | 42.83 | 41.52 | 41.24 | 43.31 | 46.90 | 43.57 |
| Interest | 21.04 | 13.63 | 24.97 | 24.12 | 21.03 | 20.75 | 18.99 | 20.02 |
| Profit before tax | 83.63 | 42.62 | 27.35 | 27.38 | 27.35 | 33.84 | 36.72 | 25.48 |
| Tax | 21.08 | 8.23 | 6.07 | 6.97 | 6.90 | 6.52 | 10.39 | 3.73 |
| Net profit | 62.55 | 34.39 | 21.28 | 20.41 | 20.45 | 27.32 | 26.33 | 21.75 |
| EPS (βΉ) | 1.86 | 0.94 | 0.63 | 0.62 | 0.61 | 0.69 | 0.92 | 0.53 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,705 | 3,146 | 2,698 | 2,205 | 1,428 | 863 | 1,078 |
| Revenue growth | +49.6% | +16.6% | +22.4% | +54.4% | +65.4% | -19.9% | - |
| Other income | 32.50 | 42.41 | 15.03 | 10.09 | 6.40 | 2.83 | 5.64 |
| Total expenses | 4,358 | 2,821 | 2,339 | 1,988 | 1,242 | 742 | 951 |
| Employee cost | 0.00 | 47.81 | 30.86 | 55.29 | 47.23 | 34.41 | 45.51 |
| EBITDA | 347 | 324 | 359 | 216 | 186 | 121 | 127 |
| EBITDA margin | +7.4% | +10.3% | +13.3% | +9.8% | +13.0% | +14.0% | +11.8% |
| Depreciation | 171 | 175 | 160 | 84.08 | 66.75 | 52.19 | 51.21 |
| Interest | 83.75 | 78.64 | 73.80 | 27.36 | 9.29 | 8.61 | 11.61 |
| Profit before tax | 125 | 113 | 140 | 115 | 116 | 63.03 | 69.43 |
| Tax | 28.17 | 25.85 | 37.30 | 30.71 | 28.81 | 15.65 | 16.97 |
| Net profit | 92.89 | 90.84 | 105 | 80.95 | 89.74 | 49.41 | 52.42 |
| Net profit margin | +2.0% | +2.9% | +3.9% | +3.7% | +6.3% | +5.7% | +4.9% |
| EPS (βΉ) | 2.80 | 2.73 | 3.32 | 2.85 | 3.16 | 1.74 | 1.91 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.22 | 33.22 | 31.75 | 28.40 | 28.40 | 28.40 | 27.38 |
| Reserves & surplus | 1,385 | 1,295 | 1,127 | 746 | 666 | 505 | 419 |
| Shareholders' funds (net worth) | 1,418 | 1,328 | 1,182 | 807 | 694 | 533 | 448 |
| Minority interest | 123 | 120 | 85.83 | 80.70 | 78.28 | 21.03 | 21.34 |
| Secured loans | 459 | 426 | 324 | 405 | 96.76 | 87.51 | 38.36 |
| Unsecured loans | 302 | 339 | 309 | 6.97 | 0.00 | 0.00 | 34.47 |
| Total debt | 761 | 765 | 633 | 412 | 96.76 | 87.51 | 72.83 |
| Total liabilities | 2,305 | 2,215 | 1,920 | 1,313 | 1,007 | 754 | 651 |
| Assets | |||||||
| Gross block | 1,937 | 1,703 | 1,499 | 1,042 | 967 | 813 | 683 |
| Net block | 1,112 | 1,048 | 1,010 | 708 | 554 | 456 | 378 |
| Capital work in progress | 27.68 | 82.58 | 23.08 | 37.40 | 62.61 | 19.24 | 39.11 |
| Investments | 7.35 | 7.23 | 35.18 | 30.46 | 29.49 | 11.96 | 7.61 |
| Inventories | 209 | 249 | 203 | 291 | 111 | 77.80 | 73.83 |
| Sundry debtors | 219 | 315 | 158 | 126 | 67.97 | 66.15 | 76.05 |
| Cash & bank balances | 223 | 158 | 259 | 73.59 | 20.63 | 17.66 | 20.65 |
| Loans & advances | 740 | 585 | 431 | 295 | 92.51 | 56.79 | 56.40 |
| Total current assets | 1,392 | 1,306 | 1,050 | 786 | 293 | 218 | 227 |
| Total current liabilities | 430 | 331 | 276 | 312 | 29.76 | 16.10 | 33.69 |
| Net working capital | 961 | 974 | 774 | 474 | 263 | 202 | 193 |
| Total assets | 2,305 | 2,215 | 1,920 | 1,313 | 1,007 | 754 | 651 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 147 | 121 | 10.95 | 10.36 | 17.66 | 20.65 | 21.90 |
| Net cash from operating activities | 400 | 5.32 | 263 | (125) | 103 | 97.55 | 66.23 |
| Net cash from investing activities | (338) | (130) | (375) | (204) | (169) | (142) | (92.60) |
| Net cash from financing activities | (154) | 152 | 222 | 330 | 69.24 | 41.52 | 25.12 |
| Net change in cash | (92.41) | 26.36 | 110 | 0.59 | 2.98 | (2.96) | (1.25) |
| Closing cash | 223 | 158 | 259 | 73.59 | 20.63 | 17.66 | 20.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.6% | +16.6% | +22.4% | +54.4% | +65.4% | -19.9% | - |
| EBITDA growth | +6.9% | -9.7% | +66.2% | +16.2% | +53.7% | -4.4% | - |
| PBT growth | +10.0% | -19.2% | +22.2% | -1.3% | +84.6% | -9.2% | -23.2% |
| Net income growth | +2.3% | -13.7% | +30.1% | -9.8% | +81.6% | -5.7% | - |
| Revenue CAGR (3Y) | +28.7% | +30.1% | +46.2% | +26.9% | +12.4% | +12.5% | +29.5% |
| EBITDA CAGR (3Y) | +17.1% | +20.4% | +43.7% | +19.5% | +13.7% | +19.4% | +45.3% |
| Profitability & leverage | |||||||
| Net income margin | +2.1% | +2.8% | +3.8% | +3.8% | +6.1% | +5.5% | +4.9% |
| Return on capital employed | - | +9.8% | +14.1% | +13.3% | +15.3% | +10.7% | +13.9% |
| Return on net worth | - | +7.0% | +10.5% | +11.4% | +14.5% | +9.9% | +12.8% |
| Debt / equity | - | 0.56 | 0.53 | 0.34 | 0.15 | 0.17 | 0.18 |
| Long-term debt / equity | - | 0.32 | 0.35 | 0.23 | 0.07 | 0.07 | 0.07 |
| Interest cover | 47.60 | 52.58 | 37.08 | 20.71 | 7.79 | 12.51 | 15.40 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 1.98 | 2.14 | 2.22 | 1.62 | 1.17 | 1.70 |
| Inventory turnover | - | 13.93 | 10.92 | 10.95 | 15.09 | 11.38 | 14.31 |
| Debtors turnover | - | 13.32 | 18.99 | 22.70 | 21.29 | 12.14 | 16.12 |
| EPS (βΉ) | 2.80 | 2.73 | 3.32 | 2.85 | 3.16 | 1.74 | 1.91 |
| Dividend per share (βΉ) | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 |
| Book value per share (βΉ) | 0.00 | 39.67 | 36.16 | 26.92 | 24.09 | 18.41 | 15.93 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,349 | 1,164 | 1,211 | 1,092 | 1,064 | 896 | 649 | 711 |
| Revenue growth (YoY) | +120.9% | +29.8% | +86.5% | +53.6% | +37.9% | - | - | - |
| Other income | 4.46 | 13.49 | 8.11 | 8.37 | 5.99 | 5.37 | 22.40 | 8.16 |
| Total expenses | 2,213 | 1,079 | 1,133 | 1,015 | 987 | 817 | 580 | 638 |
| EBITDA | 136 | 84.63 | 77.31 | 76.84 | 76.48 | 79.13 | 68.73 | 72.86 |
| EBITDA margin | +5.8% | +7.3% | +6.4% | +7.0% | +7.2% | +8.8% | +10.6% | +10.3% |
| Depreciation | 38.58 | 40.55 | 40.17 | 38.07 | 37.80 | 40.67 | 42.89 | 39.80 |
| Interest | 20.31 | 20.87 | 18.83 | 20.70 | 18.78 | 17.19 | 16.75 | 17.99 |
| Profit before tax | 81.40 | 36.70 | 26.42 | 26.44 | 25.89 | 26.64 | 31.49 | 23.23 |
| Tax | 20.61 | 10.00 | 5.83 | 6.81 | 6.49 | 5.92 | 8.60 | 3.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,530 | 3,027 | 2,522 | 2,044 | 1,278 | 780 | 986 |
| Revenue growth | +49.6% | +20.1% | +23.4% | +60.0% | +63.9% | -20.9% | - |
| Other income | 35.97 | 41.13 | 18.67 | 7.46 | 6.77 | 1.62 | 3.80 |
| Total expenses | 4,214 | 2,740 | 2,203 | 1,858 | 1,109 | 664 | 865 |
| Employee cost | 0.00 | 39.17 | 20.22 | 44.52 | 41.26 | 29.81 | 40.40 |
| EBITDA | 315 | 288 | 319 | 186 | 169 | 116 | 121 |
| EBITDA margin | +7.0% | +9.5% | +12.6% | +9.1% | +13.2% | +14.9% | +12.3% |
| Depreciation | 157 | 161 | 144 | 71.29 | 61.84 | 50.04 | 49.42 |
| Interest | 79.19 | 67.65 | 65.44 | 20.17 | 6.43 | 6.90 | 8.97 |
| Profit before tax | 115 | 100 | 128 | 102 | 108 | 61.02 | 66.19 |
| Tax | 29.12 | 22.90 | 34.25 | 28.70 | 26.91 | 15.26 | 16.54 |
| Net profit | 86.33 | 77.40 | 93.38 | 73.13 | 80.70 | 45.76 | 49.65 |
| Net profit margin | +1.9% | +2.6% | +3.7% | +3.6% | +6.3% | +5.9% | +5.0% |
| EPS (βΉ) | 2.60 | 2.33 | 2.94 | 2.58 | 2.84 | 1.61 | 1.81 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 33.22 | 33.22 | 31.75 | 28.40 | 28.40 | 28.40 | 27.38 |
| Reserves & surplus | 1,253 | 1,170 | 1,004 | 633 | 562 | 484 | 402 |
| Shareholders' funds (net worth) | 1,286 | 1,204 | 1,059 | 694 | 590 | 513 | 430 |
| Secured loans | 149 | 240 | 210 | 529 | 49.69 | 47.40 | 29.40 |
| Unsecured loans | 366 | 339 | 305 | 6.94 | 8.41 | 4.86 | 30.01 |
| Total debt | 515 | 579 | 515 | 536 | 58.10 | 52.26 | 59.41 |
| Total liabilities | 1,804 | 1,783 | 1,575 | 1,230 | 782 | 673 | 587 |
| Assets | |||||||
| Gross block | 1,541 | 1,392 | 1,200 | 761 | 757 | 708 | 590 |
| Net block | 832 | 804 | 764 | 464 | 367 | 368 | 300 |
| Capital work in progress | 18.96 | 35.42 | 21.48 | 36.20 | 12.27 | 18.35 | 38.22 |
| Investments | 134 | 134 | 129 | 124 | 125 | 50.13 | 48.68 |
| Inventories | 95.18 | 159 | 115 | 195 | 61.78 | 59.56 | 52.18 |
| Sundry debtors | 313 | 236 | 127 | 77.40 | 53.08 | 61.17 | 60.13 |
| Cash & bank balances | 214 | 144 | 249 | 65.24 | 14.05 | 14.55 | 18.56 |
| Loans & advances | 479 | 465 | 394 | 231 | 90.06 | 53.71 | 51.62 |
| Total current assets | 1,101 | 1,004 | 884 | 568 | 219 | 189 | 182 |
| Total current liabilities | 368 | 251 | 272 | 280 | 25.71 | 12.02 | 12.35 |
| Net working capital | 733 | 753 | 611 | 288 | 193 | 177 | 170 |
| Total assets | 1,804 | 1,783 | 1,575 | 1,230 | 782 | 673 | 587 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 141 | 118 | 7.71 | 4.50 | 14.55 | 18.56 | 18.47 |
| Net cash from operating activities | 466 | 64.35 | 294 | (24.95) | 125 | 93.43 | 76.30 |
| Net cash from investing activities | (402) | (43.18) | (166) | (466) | (143) | (127) | (104) |
| Net cash from financing activities | (152) | 1.93 | (18.08) | 494 | 17.32 | 29.33 | 27.75 |
| Net change in cash | (87.69) | 23.10 | 111 | 3.21 | (0.50) | (4.00) | 0.08 |
| Closing cash | 214 | 144 | 249 | 65.24 | 14.05 | 14.55 | 18.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.6% | +20.1% | +23.4% | +60.0% | +63.9% | -20.9% | - |
| EBITDA growth | +9.7% | -9.7% | +71.4% | +9.9% | +45.4% | -3.7% | - |
| PBT growth | +15.1% | -21.4% | +25.3% | -5.4% | +76.4% | -7.8% | -21.6% |
| Net income growth | +11.5% | -17.1% | +27.7% | -9.4% | +76.4% | -7.8% | - |
| Revenue CAGR (3Y) | +30.4% | +33.3% | +47.9% | +27.5% | +13.5% | +10.8% | +26.6% |
| EBITDA CAGR (3Y) | +19.3% | +19.4% | +39.9% | +15.4% | +13.2% | +19.7% | +44.6% |
| Profitability & leverage | |||||||
| Net income margin | +1.9% | +2.6% | +3.7% | +3.6% | +6.3% | +5.9% | +5.0% |
| Return on capital employed | - | +10.1% | +13.9% | +12.3% | +15.9% | +11.0% | +14.1% |
| Return on net worth | - | +6.9% | +10.8% | +11.6% | +14.9% | +9.9% | +12.8% |
| Debt / equity | - | 0.49 | 0.61 | 0.47 | 0.10 | 0.12 | 0.15 |
| Long-term debt / equity | - | 0.26 | 0.44 | 0.38 | 0.04 | 0.03 | 0.05 |
| Interest cover | 49.91 | 53.34 | 37.52 | 17.61 | 5.99 | 10.41 | 12.57 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 2.36 | 2.60 | 2.73 | 1.77 | 1.22 | 1.80 |
| Inventory turnover | - | 22.08 | 16.30 | 15.94 | 21.06 | 13.96 | 18.30 |
| Debtors turnover | - | 16.68 | 24.70 | 31.33 | 22.37 | 12.86 | 16.83 |
| EPS (βΉ) | 2.60 | 2.33 | 2.94 | 2.58 | 2.84 | 1.61 | 1.81 |
| Dividend per share (βΉ) | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 |
| Book value per share (βΉ) | 0.00 | 35.91 | 32.28 | 22.93 | 20.42 | 17.68 | 15.29 |
Investments & Acquisitions by Confidence Group
Confidence Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Punjab Petroleum.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Petroleum company manufacturing LPGs | Sahibzada Ajit Singh Nagar, India | 1994 | Jul 2024 | β’β’β’β’ |
Complete acquisition details for Confidence Group
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Timeline of Confidence Group
5 dated milestones of Confidence Group across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Confidence Group is founded.
- Funding First funding round of $11.3M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Punjab Petroleum.
Web traffic of Confidence Group
The website of Confidence Group (confidencegroup.co) receives about 3K visits a month.
- Monthly visits3K
▼ 42.1% vs previous month
Websites whose visitors overlap most with Confidence Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| indiainfoline.com | 100% | 630.1K | #78,261 | View details | |
| gogas.co | 60% | 45.6K | #608,470 | View details | |
| business-standard.com | 41% | 9.3M | #7,356 | View details |
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Frequently Asked Questions about Confidence Group
Confidence Group was founded in 1993 and raised its 1st funding round 25 years after it was founded.
Confidence Group is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Confidence Group is a funded company, having raised a total of $11.28M across 2 funding rounds to date. The company's 1st funding round was a Series B of $11.28M, raised on Aug 2018.
Confidence Group has 438 employees.
The primary company behind Confidence Group, Confidence Petroleum India Limited, reported revenue of βΉ4,737 Cr for FY 2026, up 50% year on year.
The Confidence Group was established in 1993 in Nagpur, India, as a manufacturer and supplier of bottled LPG gas cylinders. Operations are centered in the energy sector, with production and distribution focused on liquefied petroleum gas products for domestic use. The company is led by Managing Director Nitin Khara, whose DIN is 01670977. Activities are conducted from the Nagpur base, serving regional markets in India.
Confidence Group offers LPG Supply and Cylinder Manufacturing.
Yes, Confidence Group is publicly traded on NSE under the ticker symbol CONFIPET.
Confidence Group has made 1 acquisition, including Punjab Petroleum.
Confidence Group has 1 investor. Key investors include BW LPG.
Confidence Group operates through Confidence Petroleum India Limited.
The legal entities of Confidence Group currently have 8 directors, including Elesh Khara, Nitin Punamchand Khara, Vaibhav Pradeep Dedhia and others.
