Confidence Petroleum India Limited Share Price and Company Fundamentals
Last traded: Last Friday at 10:00 AM
Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates in Cylinder and LPG divisions. The company is involved in the production and marketing of LPG and compressed natural gas cylinders. It also engages in the LPG marketing and bottling business, as well as logistic business. The company sells its products under the GO GAS brand. The company was formerly known as Devarsa Gas-Chem Ltd. and changed its name to Confidence Petroleum India Limited in February 2006. The company was founded in 1993 and is based in Nagpur, India.
Key Metrics
PE ratio
13.82
PB ratio
0.84
Dividend yield
0.27%
Beta
0.37
Market cap
₹11.68B
Enterprise value
₹20.52B
Company profile
| Industry / Sector | Oil & Gas Refining & Marketing / Energy |
|---|---|
| Full time employees | 925 |
| Website | https://www.confidencegroup.co |
| Mailing address | Confidence Tower, 34A Central Bazar Road Ramdaspeth Nagpur 440010 India |
| Phone / Fax | 91 71 2660 6492 / 91 71 661 2083 |
Dividends
Dividend yield
0.27%
Dividend amount
₹0.10
Payout ratio
3.94%
5Y Avg. yield
-%
Confidence Petroleum India Limited paid ₹0.10 dividend and the ex-dividend date was 23 Sep 2025.The dividend payout ratio is 3.94%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CONFIPET dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Confidence Petroleum India Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Nitin Punamchand Khara | Chairman, CEO & MD | 64 | |
| Mr. Elesh Punamchand Khara B.Com | CFO & Executive Director | 58 | |
| Ms. Prity Pramod Bhabhra | Company Secretary & Compliance Officer | ||
| Mr. Prasad Manjarkhede | Executive Director |
Profitability and management effectiveness
Profit margin
1.91%
Operating margin
3.10%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Confidence Petroleum India Limited is 11.68B and its enterprise value is 20.52B. The enterprise value to revenue ratio of CONFIPET is 0.47. The enterprise value to EBITDA ratio of CONFIPET is 6.69.
The CONFIPET's stocks Beta value is 0.37 making it 63% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Confidence Petroleum India Limited (NSE:CONFIPET) Frequently Asked Questions
1. What is Confidence Petroleum India Limited's Stock Symbol?
Confidence Petroleum India Limited trades on NSE under the ticker symbol "CONFIPET".
2. What is Confidence Petroleum India Limited's stock price today?
One share of CONFIPET stock can currently be purchased for approximately ₹35.11.
3. How can I contact Confidence Petroleum India Limited?
Confidence Petroleum India Limited's mailing address is Confidence Tower, 34A Central Bazar Road Ramdaspeth Nagpur 440010 India. The company can be reached via phone at 91 71 2660 6492.
4. What is Confidence Petroleum India Limited's official website?
The official website of Confidence Petroleum India Limited is https://www.confidencegroup.co.