Confidence Petroleum India Ltd Stock Price Today (NSE: CONFIPET)

Confidence Petroleum India Ltd

67.642.02 (2.90%)
Market Closed

Fundamental Score

...

Confidence Petroleum India Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Confidence Petroleum India Ltd share price today is 67.64, down 2.90% on NSE/BSE as of 17 June 2026. Confidence Petroleum India Ltd (CONFIPET) is a Small-cap company in the LPG/CNG/PNG/LNG Supplier sector with a market capitalisation of 1.26K (Cr). The 52-week high for CONFIPET share price is 70.15 and the 52-week low is 28.06. At a P/E ratio of 13.45x, CONFIPET is currently trading below its industry average P/E of 20.96x. The company has a Return on Equity (ROE) of 7.24% and a debt-to-equity ratio of 0.60.

Confidence Petroleum India Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
67.64
Low
52.61
Volume
33.1L
Change
+10.31%

Confidence Petroleum India Ltd share price chart: 10.31% return over the past month. 52-week high ₹70.15, 52-week low ₹28.06.

Confidence Petroleum India Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
62.5069.8159.9569.8145.71L (Cr)
67.5067.7762.7063.4733.75L (Cr)
63.8570.1563.8567.7754.22L (Cr)
63.7863.7863.7863.780.00 (Cr)
63.0065.5162.5163.7818.95L (Cr)
61.1564.2861.0063.6720.09L (Cr)
57.7861.9956.7661.2229.45L (Cr)
59.6860.3057.0057.5124.85L (Cr)
63.6064.2057.2258.6051.95L (Cr)
64.5064.8462.5663.5714.65L (Cr)

Confidence Petroleum India Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
67.5069.8159.9569.81+3.42%
55.0070.1553.1767.77+23.22%
38.8062.4438.4054.65+40.85%
30.3539.9928.0637.49+23.53%
31.7634.5629.1131.75-0.03%
36.8937.4930.8532.41-12.14%
38.1439.3032.5136.55-4.17%
41.5642.3037.5438.08-8.37%
45.0648.2540.0741.65-7.57%
47.5050.7344.8545.06-5.14%
51.8252.6447.0047.30-8.72%
52.4558.4350.8452.02-0.82%

AI Research Briefing

Powered by Gemini · 2026-04-10

Micro-cap LPG cylinder play faces revenue risk from volatile LPG prices and slow PNG adoption; avoid until FCF turns positive.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEBreakdown. 1M: -8.48%, 3M: -21.08%, 6M: -37.24%Fair, P/E of 13.45x vs Industry P/E of 20.96x, but quality of earnings is questionable given negative FCF.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Confidence Petroleum faced increased trading volumes, prompting an NSE inquiry which the company addressed on April 7, 2026. The company stated it was compliant with SEBI regulations and attributed the volume surge to market-driven factors. On April 8, 2026, the stock crashed 10% to , becoming the biggest loser in the BSE's 'B' group. Confidence Petroleum completed the acquisition of the remaining 50% stake in BW Confidence Enterprise Private Limited from BW LPG Infrastructure DMCC for approximately , settled in cash.

CORE STORY (THE REAL GAME)

Confidence Petroleum is primarily an LPG cylinder play, attempting to capitalize on the shift from LPG to PNG, while also facing headwinds from the Middle East war impacting LPG imports and prices.

Why Now
  • High trading volume indicates speculative interest but also increased risk.
  • Acquisition of BW Confidence Enterprise streamlines operations.
  • Government push for PNG creates long-term tailwind.
Potential Catalysts
  • Significant new order wins from PSUs.
  • Faster-than-expected adoption of PNG.
  • Stabilization of LPG prices.
Key Risks
  • Micro-cap liquidity risk.
  • Negative free cash flow of ₹-698.01 Cr over 5 years.
  • Reliance on volatile LPG prices impacted by geopolitical events.
Institutional Activity

FII and DII holdings are negligible and decreasing, indicating a lack of institutional confidence.

Macro Context

Middle East war creates headwinds for LPG imports, increasing price volatility.

Order Book / Expansion

Confidence Petroleum acquired the remaining 50% stake in BW Confidence Enterprise Private Limited for approximately ₹1.13 crore.

Cash Flow Quality

No. Free Cash Flow 5Y: ₹-698.01 Cr

3–6 Month Outlook

In the next 3-6 months, watch for order book updates and progress on PNG adoption. A sustained turnaround in FCF is needed for a positive outlook.

Primary Thesis Risk

Reliance on volatile LPG prices and slow PNG adoption could sink the company.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

7.24%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.33%

Returns generated on total capital deployed

Good

Oper. Profit Margin (5Y Avg)

11.67%

Average operating profit margin over 5 years

Dividend Yield

0.26%

Annual dividend as % of current share price

Confidence Petroleum India Ltd Valuation Check

Excellent

Price to Earnings (P/E)

13.45x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.96x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

55.88%

% shares held by company founders/management

Poor

FII Holding

0.97%

% shares held by foreign institutional investors

Poor

DII Holding

0.04%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

3.60%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

14.60%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

31.81%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

23.89%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

7.39%

Earnings per share growth over 5 years

Good

Net Profit Growth (5-Year CAGR)

11.63%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.60x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.48x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-698.01 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Confidence Petroleum India Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of CONFIPET across key market metrics for learning purposes.

Positive Indicators

4 factors identified

Attractive Valuation (P/E: 13.45 vs Industry: 20.96)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Strong Revenue Growth (31.81%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (23.89% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Balanced Promoter Holding (55.88%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Risk Factors

5 factors identified

Below-Average Return on Equity (7.24%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (9.33%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Weak Interest Coverage (2.48x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-698.01 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 1.01%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Confidence Petroleum India Ltd vs LPG/CNG/PNG/LNG Supplier Peers

Peer Comparison - LPG/CNG/PNG/LNG Supplier

Compare Confidence Petroleum India Ltd with 7 other companies in the same sector

8 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
50.7/100
68
₹1263.51
13.4
Average
7.24%
Poor
9.33%
Poor
0.6
Good
11.63%
Good
23.89%
Excellent
0.26%
48.2/100
809
₹66780.50
106.7
Average
16.82%
Good
17.47%
Good
0.5
Excellent
8.72%
Good
21.68%
Excellent
0.04%
48.2/100
279
₹40792.50
11.1
Average
21.16%
Excellent
25.39%
Excellent
0.1
Excellent
7.44%
Good
7.54%
Good
3.68%
56.1/100
165
₹27839.06
17.4
Average
16.39%
Good
20.85%
Excellent
0.0
Excellent
6.98%
Good
18.14%
Excellent
2.14%
40.3/100
370
₹27325.69
24.5
Average
14.25%
Average
19.50%
Good
0.0
Excellent
-0.76%
Poor
9.86%
Good
1.47%
51.7/100
1103
₹11807.38
11.9
Average
17.72%
Good
22.89%
Excellent
0.0
Excellent
4.26%
Average
18.43%
Excellent
2.51%
43.4/100
271
₹1170.45
28.5
Average
4.68%
Poor
8.26%
Poor
0.1
Excellent
15.48%
Excellent
42.56%
Excellent
0.52%
12.9/100
281
₹232.57
85.5
Average
9.83%
Poor
13.03%
Average
0.5
Good
3.76%

Confidence Petroleum India Ltd PE Ratio History

Historical price-to-earnings ratio for CONFIPET — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20252.60₹36.5514.1x
FY 20243.33₹69.9721x
FY 20232.80₹89.6032x
FY 20223.09₹78.1025.3x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Confidence Petroleum India Ltd Dividend History

Annual cash dividends paid by CONFIPET — dividend yield 0.26%

Financial YearDividends Paid (₹ Cr)
FY 20243.21 Cr
FY 20233.78 Cr
FY 20222.99 Cr
FY 20213.30 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Confidence Petroleum India Ltd Quarterly Performance

Latest quarterly metrics for CONFIPET — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

31.81%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

14.60%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

23.89%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

11.63%

Compounded annual net profit growth over 5 years

Confidence Petroleum India Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for CONFIPET — calculated from daily price history

67RSI 14
Neutral — RSI 67

Momentum is balanced — neither overbought nor oversold.

SMA 50
52
▲ Price above SMA 50 — Short-term bullish
SMA 200
43
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
3102K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Confidence Petroleum India Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Confidence Petroleum India Ltd (CONFIPET) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Confidence Petroleum India Ltd

About CONFIPET (Confidence Petroleum India Ltd)

Confidence Petroleum India Ltd is a multifaceted energy company playing a significant role in India's evolving gas landscape. Beyond simply supplying fuel, they are deeply involved... in various stages of the hydrocarbon value chain, spanning from manufacturing essential storage solutions to distributing cleaner energy alternatives across the nation. The company's core strength lies in its integrated approach, encompassing the production of high-quality LPG cylinders, a critical component for households and businesses reliant on liquefied petroleum gas. They are constantly expanding their reach through innovative partnerships and strategic investments in infrastructure, ensuring a reliable and efficient delivery network to meet the ever-growing demand for sustainable energy. Driven by a vision to provide accessible and affordable energy solutions, Confidence Petroleum India Ltd extends its operations into the production and distribution of Compressed Natural Gas (CNG), Piped Natural Gas (PNG), and Liquefied Natural Gas (LNG). This diversified portfolio allows them to cater to a wide spectrum of customers, including domestic, commercial, and industrial sectors. The company's commitment to quality and safety is evident in its stringent manufacturing processes and adherence to international standards. Furthermore, their logistical capabilities are key to ensuring timely and secure delivery of gas products, contributing to seamless operations for their clients and fostering sustainable growth across diverse sectors. Operating under the recognizable "GO GAS" brand, Confidence Petroleum India Ltd has established a strong market presence and customer loyalty. This brand represents reliability, affordability, and a commitment to delivering value. They continually strive to enhance their services through technological advancements and a dedicated workforce. This commitment solidifies their position as a key player in the Indian energy sector, driving the transition towards a cleaner and more sustainable energy future. Confidence Petroleum India Ltd's dedication to innovation and customer-centric approach ensures they are well-positioned to capitalize on the opportunities within the rapidly growing LPG and natural gas markets.

Company Details

Symbol:CONFIPET
Industry:LPG/CNG/PNG/LNG Supplier
Sector:LPG/CNG/PNG/LNG Supplier

Key Leadership

Mr. Nitin Punamchand Khara
Chairman, CEO & MD
Mr. Elesh Punamchand Khara B.Com
CFO & Executive Director
Ms. Prity Pramod Bhabhra
Company Secretary & Compliance Officer

CONFIPET Share Price: Frequently Asked Questions

What is the current share price of Confidence Petroleum India Ltd?

Confidence Petroleum India Ltd (CONFIPET) trades at ₹67.64 on NSE and BSE. Market cap ₹1.26K (Cr). Educational data only.

What is the P/E ratio of Confidence Petroleum India Ltd?

Confidence Petroleum India Ltd has a P/E of 13.45x vs industry average 20.96x.

What is the Bull Run score for Confidence Petroleum India Ltd?

Confidence Petroleum India Ltd has a Bull Run score of 50.7/100 based on 25+ financial parameters.

Does Confidence Petroleum India Ltd pay dividends?

Confidence Petroleum India Ltd has a dividend yield of 0.26%. Past dividends don't guarantee future payments.

What is the ROE of Confidence Petroleum India Ltd?

Confidence Petroleum India Ltd has ROE of 7.24%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Confidence Petroleum India Ltd?

Confidence Petroleum India Ltd has debt-to-equity of 0.60.

Is Confidence Petroleum India Ltd a good investment?

Bull Run gives Confidence Petroleum India Ltd a score of 50.7/100. This is not investment advice — consult a SEBI-registered advisor.