CONFIDENCE FUTURIST ENE L

Confidence Futuristic Energetech runs two operating divisions out of Nagpur. The Cylinder Division is the main business and accounts for nearly all of the segment revenue — Rs 50.98 crore in the period ended 31 March 2026 and Rs 64.89 crore in FY25 — selling CNG cylinders to gas distribution customers, including its holding company Confidence Petroleum India Limited. The LPG Division handles liquefied petroleum gas distribution, but its turnover is small (Rs 3.12 crore in FY25) and it has reported small losses across recent quarters. The Cylinder Division's FY26 EBIT margin was 8.1% on segment revenue of Rs 148.72 crore. The biggest cost line is materials at Rs 139.63 crore, or 88.3% of consolidated revenue, with depreciation adding another Rs 9.24 crore and other opex Rs 27.89 crore. Five subsidiaries together reported a combined loss of Rs 70.96 lakh in H1 FY26, and the Income Tax Department conducted a survey at the company's offices and the holding company's premises in October 2025, which has since closed.