Supplies liquefied petroleum gas (LPG) through bulk, packed cylinder and auto LPG channels, and manufactures LPG cylinders. The LPG Division generated 95% of segment revenue (Rs 1,324.56 crore) in the period ended 31 December 2025, with the Cylinder Division contributing the remaining 5% (Rs 69.32 crore). LPG volumes are moved through 68-plus bottling plants, 3,000-plus GoGas dealers and 310-plus auto LPG stations, while cylinders are produced at 15 manufacturing units. LPG revenue rose to Rs 4,705 crore in FY26 from Rs 3,146 crore in FY25, as stated in the company's investor presentation. The cost shape shows materials at 4.0% of revenue, other operating expenses at 7.5%, depreciation at 3.6% and employee costs at 1.1%, with capex at 2.4% of revenue. Expansion plans include scaling auto LPG stations to 500 and adding 100 CNG stations in Bangalore with GAIL Gas, while the India LPG market is projected to reach 40-42 MMT by 2030 from 31.7 MMT currently. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. LPG Division (95%), Cylinder Division (5%). Asset-heavy LPG bottling and distribution with a growing CNG and auto-LPG retail footprint.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,428 | 2,209 | 2,698 | 3,146 | 4,705 |
| EBITDA (ex other income) | 186 | 223 | 359 | 324 | 347 |
| margin % | 13.0 | 10.1 | 13.3 | 10.3 | 7.4 |
| Owners' profit | 88 | 90 | 0 | 86 | 93 |
| EPS, as reported (₹) | 3.16 | 3.27 | 3.50 | 2.62 | 2.80 |
| ROE % · ROCE % | 11.6 · 13.0 | 10.4 · 10.4 | 8.3 · 12.7 | 6.3 · 10.2 | 6.3 · 9.9 |
| Debt / equity (x) | 0.11 | 0.45 | 0.34 | 0.37 | 0.33 |
| Cash from operations | 103 | (132) | 263 | 10 | 400 |
| Capex | (208) | (212) | (245) | (272) | (114) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 746 | 697 | 925 | 1,112 | 983 | 1,394 | 1,216 | 2,409 |
| Profit before tax | 24 | 37 | 33 | 27 | 27 | 27 | 42 | 84 |
| Net profit | 22 | 26 | 27 | 20 | 20 | 21 | 34 | 63 |
| EPS (₹) | 0.64 | 0.92 | 0.69 | 0.61 | 1.24 | 0.63 | 0.94 | 1.86 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Cylinder Division | 153 | 4.4 |
| LPG Division | 1,325 | 38.0 |
| LPG Division | 2,012 | 57.7 |
| Total, before eliminations | 3,489 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADANI TOTAL GAS LIMITED | 65,602 | 103.8 | 13.49 | 54.8 | 13.5 | 11.8 | 29.1 | 14.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Confidence Petroleum files FY26 annual report; AGM on Sep 30, 2026 | results | high | — | — |
| 8 Sept 2026 · 32nd AGM on Sep 30, 2026; Record Date Sep 23, 2026 for Dividend | corporate actions | medium | — | — |
| 8 Sept 2026 · Book closure from Sep 24 to Sep 30 for 32nd AGM; record date Sep 23 | corporate actions | medium | — | — |
| 8 Sept 2026 · Confidence Petroleum files BRSR sustainability report for FY 2025-26 | compliance | minimal | — | — |
| 8 Sept 2026 · 32nd AGM notice with Rs 0.10 dividend and related party transaction approvals | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Board approves 32nd AGM notice, dividend record date set for Sep 23 | board shareholder meetings | low | — | — |
| 28 Aug 2026 · NSE seeks clarification on quarterly results for June 2026 quarter | regulatory legal | medium | — | — |
| 27 Aug 2026 · Confidence Petroleum Q1 FY27 earnings call transcript filed | investor communications | medium | — | — |
| 26 Aug 2026 · Non-promoter Radiant Computech sells 2.02% stake in Confidence Petroleum | ownership changes | medium | — | — |
| 21 Aug 2026 · Audio recording of conference call made available to investors | investor communications | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| PETRONET LNG LIMITED |
| 43,080 |
| 10.2 |
| 1.93 |
| 6.7 |
| 17.6 |
| 20.3 |
| 10.8 |
| 31.4 |
| GUJARAT ENERGY LIMITED | 22,629 | 10.8 | 1.20 | 7.2 | 8.9 | 10.4 | 19.5 | 16.1 |
| INDRAPRASTHA GAS LTD | 21,245 | 15.6 | 1.84 | 9.5 | 13.4 | 13.8 | 26.8 | 7.8 |
| MAHANAGAR GAS LTD. | 10,724 | 15.0 | 1.66 | 6.8 | 13.0 | 16.2 | — | 14.4 |
| CONFIDENCE PETRO IND LTD. ◆ | 2,964 | 19.1 | 1.92 | 9.0 | 6.3 | 5.9 | 40.4 | 6.1 |
| IRM ENERGY LIMITED | 1,170 | 16.0 | 1.17 | 8.6 | 5.3 | 7.1 | — | 18.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.1 | 15.6 | 7 of 9 | 25% |
| P/B | 1.9 | 1.8 | 6 of 9 | 38% |
| ROCE | 5.9 | 11.8 | 9 of 9 | 0% |
| ROE | 6.3 | 12.6 | 8 of 9 | 13% |
| Debt / Equity | 0.3 | 0.2 | 8 of 9 | 13% |
| EBITDA margin | 6.1 | 16.1 | 9 of 9 | 0% |
| Revenue growth | 116.6 | 24.3 | 2 of 9 | 88% |
| Profit growth | 205.9 | 96.1 | 3 of 9 | 75% |
| Market cap | 2964 | 22629 | 8 of 9 | 13% |
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| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.