Confidence Petroleum India Limited (CONFIPET) AI Stock Analysis

• Market Cap: ₹10.79B
• Dividend Yield: 0.27%
• Average Volume (3M): 104.65K
• Price to Earnings (P/E): 11.4
• Beta (1Y): 1.29
• Revenue Growth: 37.24%
• EPS Growth: 24.89%
• Country: IN
• Employees: 917
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): N/A
• Shares Outstanding: 332,241,030
• 10 Day Avg. Volume: 126,488
• 30 Day Avg. Volume: 104,648
• PEG Ratio: -0.77
• Price to Book (P/B): 1.25
• Price to Sales (P/S): 0.53
• P/FCF Ratio: -6.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹34.00 ▼(-8.77% Downside)

The overall stock score is primarily influenced by financial performance and technical analysis. While the company shows strong revenue growth, declining profitability and cash flow issues are significant concerns. Technical indicators suggest bearish momentum, further impacting the score. The valuation indicates potential undervaluation, but the low dividend yield may not appeal to all investors.

Positive Factors

Strong Revenue Growth

Sustained double-digit revenue expansion indicates expanding market share or higher volumes in core LPG operations. Over 2-6 months this supports scale benefits, bargaining leverage with suppliers, and provides runway for reinvestment into distribution and cylinder manufacturing capacity.

Balanced Capital Structure

A moderate D/E of 0.58 suggests the company can fund operations and growth without excessive leverage. Over the medium term this limits refinancing risk, preserves financial flexibility for capex in bottling and cylinders, and supports resilience through commodity cycles.

Integrated LPG Bottling and Manufacturing

Vertical integration across bottling, distribution and cylinder manufacturing creates supply chain control and recurring revenue from household and industrial LPG demand. Structurally this reduces vendor dependence and supports margin stability versus stand-alone distributors.

Negative Factors

Declining Profitability Margins

Falling net margins reflect either rising costs or pricing pressure in core LPG sales. Over the coming months lower profitability constrains retained earnings, reduces ability to self-fund capex or absorb commodity shocks, and may pressure long-term return profiles.

Reduced Return on Equity

A marked ROE decline signals weakening efficiency in converting equity into profits. Persisting lower ROE implies management may need to improve asset utilization or returns on investments, otherwise shareholder value creation could be impaired over the medium term.

Weak Cash Generation

Declining operating cash flow and low free cash flow indicate difficulty converting earnings to cash. Over 2-6 months this limits capacity for maintenance capex, debt servicing, and working capital funding, raising operational and liquidity risk during downturns.

Confidence Petroleum India Limited Business Overview & Revenue Model

Company Description

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through two segments, Cylinder Division and LPG Division. The company offers CNG and packed cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers under the GoGas, and retail customer under the GoGas Elite brand names. Confidence Petroleum India Limited was founded in 1993 and is based in Nagpur, India.

How the Company Makes Money

CONFIPET generates revenue primarily through the sale of its LPG cylinders, which are utilized for cooking, heating, and industrial applications. The company’s revenue model is centered around the production and distribution of these cylinders, which are sold to individual consumers, businesses, and commercial establishments. Additionally, CONFIPET may engage in partnerships with gas distribution companies and other stakeholders in the energy sector to enhance its market reach and operational efficiency. The company also benefits from economies of scale in its manufacturing processes and potentially from ancillary services related to gas supply and distribution, which further contribute to its earnings.

Confidence Petroleum India Limited Financial Statement Overview

Summary

Confidence Petroleum India Limited shows strong revenue growth but faces declining profitability and operational challenges. The balance sheet is stable with a balanced debt-to-equity ratio, though profitability metrics such as ROE have declined. Cash flow generation is a concern, with negative trends in operating and free cash flow.

Income Statement

The company demonstrates strong revenue growth with a 16.57% increase in 2025 compared to 2024. However, the net profit margin shows a decline from 3.76% in 2024 to 2.74% in 2025, indicating decreasing profitability. The gross profit margin remains relatively stable, but the EBIT margin has decreased from 7.38% in 2024 to 4.75% in 2025, suggesting challenges in operational efficiency.

Balance Sheet

The balance sheet shows a moderate debt-to-equity ratio of 0.58 in 2025, indicating a balanced capital structure. The return on equity (ROE) has decreased from 8.58% in 2024 to 6.49% in 2025, reflecting reduced profitability. The equity ratio is stable, indicating strong asset backing by equity.

Cash Flow

The cash flow analysis shows a significant decline in operating cash flow in 2025 compared to previous years, impacting free cash flow which remains low. The free cash flow to net income ratio indicates challenges in converting profits into cash. The operating cash flow to net income ratio has also declined, suggesting inefficiencies in cash generation from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	34.80B	31.46B	26.98B	22.05B	14.28B	8.63B
Gross Profit	5.33B	4.46B	3.58B	2.58B	2.32B	1.51B
EBITDA	3.79B	3.70B	3.77B	2.21B	1.90B	1.22B
Net Income	913.90M	862.30M	1.01B	809.50M	878.40M	490.70M
Balance Sheet
Total Assets	0.00	25.52B	22.02B	16.40B	10.50B	7.89B
Cash, Cash Equivalents and Short-Term Investments	1.58B	3.67B	1.21B	109.50M	103.70M	90.52M
Total Debt	0.00	7.65B	6.38B	4.13B	967.80M	875.10M
Total Liabilities	-14.48B	11.04B	9.35B	7.53B	2.77B	2.35B
Stockholders Equity	14.48B	13.28B	11.82B	8.07B	6.96B	5.44B
Cash Flow
Free Cash Flow	0.00	-2.62B	-408.60M	-3.38B	-1.05B	-116.86M
Operating Cash Flow	0.00	96.30M	2.04B	-1.25B	1.03B	975.30M
Investing Cash Flow	0.00	-1.35B	-3.89B	-2.04B	-1.69B	-1.42B
Financing Cash Flow	0.00	1.52B	2.95B	3.30B	692.40M	415.10M

Confidence Petroleum India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 37.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CONFIPET, the sentiment is Negative. The current price of 37.27 is above the 20-day moving average (MA) of 33.56, above the 50-day MA of 35.15, and below the 200-day MA of 46.78, indicating a bearish trend. The MACD of -1.09 indicates Positive momentum. The RSI at 41.38 is Neutral, neither overbought nor oversold. The STOCH value of 44.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:CONFIPET.

Confidence Petroleum India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CASTROLIND	72 Outperform	₹182.05B	18.64	―	6.86%	6.83%	8.79%
CHENNPETRO	67 Neutral	₹129.02B	6.00	―	0.55%	-4.61%	63.26%
GANDHAR	67 Neutral	₹14.66B	13.79	―	0.34%	-1.05%	-11.57%
PANAMAPET	66 Neutral	₹17.76B	9.43	―	1.71%	10.19%	-4.18%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
GULFPETRO	62 Neutral	₹1.70B	6.26	―	―	3.59%	10.55%
CONFIPET	57 Neutral	₹10.79B	11.37	―	0.27%	37.24%	24.89%

Confidence Petroleum India Limited Corporate Events

Confidence Petroleum Files SEBI Dematerialisation Compliance Certificate for December Quarter

Confidence Petroleum India Limited has submitted to Indian stock exchanges a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025, as provided by its registrar and transfer agent, Adroit Corporate Services. The filing confirms that all securities received for dematerialisation during the quarter were properly processed, listed in line with existing securities, and that physical certificates were mutilated, cancelled, and replaced in the company’s register of members within the stipulated 15-day period, underscoring ongoing adherence to regulatory requirements in securities handling and demat processes.

Confidence Petroleum Announces Board Changes and Expansion Plans

Confidence Petroleum India Limited announced significant changes in its board of directors, with the resignation of Mr. Simon Charles Hill and the appointment of Mrs. Ketki Mahendra Save as a Non-Executive Non-Independent Additional Director. The company also revealed plans to establish a wholly-owned subsidiary, Confidence LPG Trading FZCO, in Dubai, UAE, marking a strategic move to enhance its international presence and investment in the LPG sector.