
About Confidence Petroleum India Limited
Data last updated:
Confidence Petroleum India Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 21 July 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L40200MH1994PLC079766. Its GSTIN is 03AAACD3658C1Z7 (Punjab). The company holds 10 GST registrations, of which 8 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526829 and NSE: CONFIPET.
The company has an authorised share capital of ₹35.75 Cr and a paid-up capital of ₹33.22 Cr. It was formerly known as Devarsa Gas-Chem Limited and Devarsa Gas-Chem Private Limited. It is led by directors including Nitin Punamchand Khara (Managing Director) and Elesh Khara.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹4,704.57 Cr, a growth of 49.6% compared to the previous year. For the same year it recorded a net profit of ₹92.89 Cr (net margin 2%) and EBITDA of ₹346.64 Cr (EBITDA margin 7.4%). The net worth stands at ₹1,418.48 Cr (up 6.8% YoY). Total assets are valued at ₹2,305.03 Cr (up 4.1% YoY).
The company has about 438 employees on its provident fund (EPFO) records. Its group structure includes 12 subsidiaries.
The company is associated with 2 brands: Confidence Group and Gogas. As per MCA filings, the company has open charges of ₹618.79 Cr and satisfied charges of ₹170.97 Cr on record. Court records list 413 cases involving the company, including 311 filed by the company and 102 filed against it; 205 cases are pending. The company has 52 deals on record (50 market trades, 2 funding rounds), with disclosed funding of ₹377.11 Cr; the latest was in April 2026.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website confidencegroup.co.
Company details
Name history
Confidence Petroleum India has undergone 2 name changes throughout its history. The company was previously known as Devarsa Gas-Chem Limited, and Devarsa Gas-Chem Private Limited. The current legal name is Confidence Petroleum India Limited.
| Company Name | Status |
|---|---|
| Confidence Petroleum India Limited | Current |
| Devarsa Gas-Chem Limited | Previous |
| Devarsa Gas-Chem Private Limited | Previous |
CIN history
Confidence Petroleum India has one previous CIN (Corporate Identification Number): U40200MH1994PLC079766. The current CIN is L40200MH1994PLC079766, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40200MH1994PLC079766 | Current |
| U40200MH1994PLC079766 | Previous |
Contact details
Confidence Petroleum India Limited's registered office is in Mumbai, Maharashtra. Its website is confidencegroup.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1002 Akruti Erica F P No 274 B 411 Of Tps – V, Shraddhanand Rd Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryEnergy and Power, Oil & Gas Marketing Services
To see the full contact details of Confidence Petroleum India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Confidence Petroleum India operates two associated brands: Confidence Group and Gogas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Bottled LPG gas cylinders are manufactured and supplied in India. | confidencegroup.co | |
| LPG distribution, Auto LPG stations, and cylinder manufacturing are provided. | gogas.co |
Business activity
The main business activities of Confidence Petroleum India are manufacturing and electricity, gas, steam and air condition supply. In detail, this covers metal and metal products and manufacture of gas, distribution of gaseous fuels. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Confidence Petroleum India Limited, buy the company report.
Financials of Confidence Petroleum India Limited
FY 2025-26 filings availableConfidence Petroleum India Limited reported revenue of ₹4,704.57 Cr (up 49.6% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 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 (₹) | 2.80 | 2.73 | 3.32 | 2.85 | 3.16 | 1.74 | 1.91 |
| Dividend per share (₹) | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 |
| Book value per share (₹) | 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 (₹) | 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 (₹) | 2.60 | 2.33 | 2.94 | 2.58 | 2.84 | 1.61 | 1.81 |
| Dividend per share (₹) | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.00 |
| Book value per share (₹) | 0.00 | 35.91 | 32.28 | 22.93 | 20.42 | 17.68 | 15.29 |
To see the full year-wise statements and ratios of Confidence Petroleum India Limited, buy the company report.
Board of directors of Confidence Petroleum India Limited
Confidence Petroleum India has 7 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Elesh Khara Also directs: Confidence Go Gas Limited, Confidence Green Fuel Private Limited, Gaspoint Petroleum (India) Limited and 5 more | Director | 20 Feb 2004 | 22 Years 8 Months | Current |
| Nitin Punamchand Khara Also directs: Confidence Futuristic Energetech Limited, Confidence Go Gas Limited, Confidence Green Fuel Private Limited and 5 more | Managing Director | 01 Oct 2004 | 22 Years 0 Months | Current |
| Vaibhav Pradeep Dedhia Also directs: Confidence Futuristic Energetech Limited | Director | 14 Feb 2018 | 8 Years 8 Months | Current |
| Sumit Bansal | Director | 08 Sep 2025 | 1 Years 1 Months | Current |
| Richa Kathuria | Director | 08 Sep 2025 | 1 Years 1 Months | Current |
| Prasad Dinkarrao Manjarkhede | Director | 04 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Confidence Petroleum India Limited is audited by L N J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L N J & Associates | FY 2023 | 135772W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 57.40%, foreign institutional investors hold 0.80%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 41.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 57.40% | 55.90% | 55.90% | 55.90% |
| Public | 42.60% | 44.10% | 44.10% | 44.10% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2026 | 101304176 | Others | ₹20 Cr | Open | |
| 27 Mar 2026 | 101265739 | Axis Bank Limited | ₹1.57 Cr | Open | |
| 19 May 2025 | 101107231 | Axis Bank Limited | ₹40 Cr | Open | |
| 17 Mar 2025 | 101076311 | Others | ₹20 Cr | Open | |
| 31 Dec 2024 | 101029327 | Hdfc Bank Limited | ₹2.65 Cr | Open |
To see the full charge records of Confidence Petroleum India Limited, buy the company report.
Total charge records: 177 View all charges
Deals & funding
Confidence Petroleum India Limited has 52 deals on record (50 market trades, 2 funding rounds), with disclosed funding of ₹377.11 Cr; the latest was in April 2026.
Deals on record (5 of 52)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹10.25 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Apr 2026 | Market trade | ₹30.17 Cr | Buyer: NK Securities Research Private Limited , Junomoneta Finsol Private Limited , L7 Hitech Private Limited Seller: NK Securities Research Private Limited , Junomoneta Finsol Private Limited , L7 Hitech Private Limited |
| Mar 2026 | Market trade | ₹6.42 Cr | Buyer: L7 Hitech Private Limited Seller: L7 Hitech Private Limited |
| Jul 2024 | Market trade | ₹19.94 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Feb 2024 | Market trade | ₹63.92 Cr | Buyer: Qe Securities LLP , Graviton Research Capital LLP , Hrti Private Limited Seller: Qe Securities LLP , Graviton Research Capital LLP , Hrti Private Limited |
To see the full deal history of Confidence Petroleum India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Confidence Petroleum India Limited has 413 court cases on record: 311 filed by Confidence Petroleum India, 102 filed against it. 205 cases are pending and 208 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 292 | 82 | 191 |
| High courts | 116 | 18 | 14 |
| Supreme Court | 3 | 1 | 0 |
| NCLAT | 2 | 1 | 0 |
Cases on record (5 of 413)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Iyota Tiles LLP Through Its Prop Hitendrabhai Khokhani and Dhavalkumar Varmora | Pending |
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against Jyotirling Press Parts Private Limited | Pending |
| District court, Anand, Gujarat | Motor accident claim | Filed against the company | Pending |
| District court, Chennai, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Tiruvallur, Tamil Nadu | Execution petition | Filed against the company by an individual | Pending |
To see the full case history of Confidence Petroleum India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Confidence Petroleum India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Confidence Petroleum India has 12 subsidiary companies and 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Confidence Futuristic Energetech Limited | L74110DL1985PLC021328 | |
| Unity Cylinders & Equipments Private Limited | U11100MH2016PTC273500 | |
| Confidence Go Gas Limited | U11101MH2008PLC181298 | |
| Taraa LPG Bottling Private Limited | U23201TN2000PTC044791 | |
| Confidence Technologies Private Limited | U23203MH2006PTC161155 | |
| Hemkunt Petroleum Limited | U23203PB1994PLC015318 |
To see the full group structure of Confidence Petroleum India Limited, buy the company report.
Employees & EPFO
Confidence Petroleum India Limited has a workforce of 438 employees on its EPFO records as of Apr 07, 2024, across 5 active EPFO establishments.
GST
Confidence Petroleum India has 10 GST registrations: 8 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACD3658C1Z7 | Punjab | Active | 01 Jul 2017 |
| 05AAACD3658C1Z3 | Uttarakhand | Active | 01 Jul 2017 |
| 20AAACD3658C1ZB | Jharkhand | Active | 01 Jul 2017 |
| 22AAACD3658C1Z7 | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Confidence Petroleum India Limited, buy the company report.
Recent activity
Confidence Petroleum India Limited has 29 board changes on record since 2002: 19 appointments and 10 cessations. The latest: Nimisha Rohit Agarwal was appointed as Director on 04 Feb 2026.
342 earlier events are in the company report.
News
Frequently asked questions
Confidence Petroleum India is an active public limited company based in Mumbai, Maharashtra, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 21 July 1994 (32+ years old) and is registered under CIN L40200MH1994PLC079766. Listed on BSE: 526829 and NSE: CONFIPET.
Confidence Petroleum India reported revenue of ₹4,704.57 Cr for FY 2025-26 (up 49.6% YoY) based on consolidated financials.
Confidence Petroleum India has 7 current directors:
- Nitin Punamchand Khara - Managing Director
- Elesh Khara - Director
- Vaibhav Pradeep Dedhia - Director
- Sumit Bansal - Director
- Richa Kathuria - Director
- Prasad Dinkarrao Manjarkhede - Director
- Nimisha Rohit Agarwal - Director
The latest financial statements of Confidence Petroleum India on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Confidence Petroleum India is 03AAACD3658C1Z7, registered in Punjab. The company has 10 GST registrations in all, of which 8 are active and 2 are cancelled or inactive. Other active GSTINs include 05AAACD3658C1Z3 (Uttarakhand), 20AAACD3658C1ZB (Jharkhand), 22AAACD3658C1Z7 (Chhattisgarh).
The CIN (Corporate Identification Number) of Confidence Petroleum India is L40200MH1994PLC079766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Confidence Petroleum India is a listed company as per MCA records. Its shares are listed on both BSE (code: 526829) and NSE (symbol: CONFIPET).
Confidence Petroleum India has 413 court cases on record: 311 filed by the company and 102 filed against it. 205 are pending. Most are in the district courts.
Confidence Petroleum India was incorporated on 21 July 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Confidence Petroleum India has 52 deals on record (50 market trades, 2 funding rounds), with disclosed funding of ₹377.11 Cr; the latest was in April 2026.