Confidence Petroleum India Ltd
Next 500 2024
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OVERVIEW
FINANCIALS
About
Confidence Petroleum India Ltd, founded in 1993, is a leading manufacturer of LPG cylinders and a provider of LPG bottling services. The company operates a chain of auto LPG dispensing stations across India under the brand name 'GoGas.' Its integrated business model encompasses LPG bottling, cylinder manufacturing, and LPG retailing. Confidence Petroleum's focus on safety and quality has made it a trusted name in the LPG industry. Recent expansions into new markets and product lines highlight its growth trajectory.
Incorporation Year: 1994
Headquarters: Nagpur, India
Top Management: Nitin Khara (Chairman & MD)
Industry: Energy Ancillary
Website: confidencegroup.co
Featured In Fortune India Ranking
Next 500 India
#168(2024)#261(2023)#322(2022)#229(2021)#306(2020)#458(2019)
#168(2024)#261(2023)#322(2022)#229(2021)#306(2020)#458(2019)
Ranking Trend Fortune Next 500 India
Financial Data 2024
Revenue
2,652
(INR Cr)
Net Operating Income
2,698
(INR Cr)
Assets
1,925
(INR Cr)
Profit
101
(INR Cr)
Net Worth
1,171
(INR Cr)
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 2652 12.2% | 2363 61.8% | 1460 67.2% | 874 -18.9% | 1077 6.1% | 1015 64.5% | 617 22.1% | 505 40.5% | 360 14.2% | 315 16.3% | 271 -15.1% | 319 -50.2% | 640 -44.7% | 1157 106.3% | 561 99.5% | 281 - |
| Net Operating Income (INR Cr) | 2698 22.40% | 2205 54.42% | 1428 65.41% | 863 -19.92% | 1078 7.29% | 1005 65.56% | 607 22.11% | 497 40.09% | 355 15.73% | 306 14.12% | 269 -15.07% | 316 -50.51% | 639 -44.58% | 1153 109.73% | 550 106.87% | 266 49.90% |
| Profit (INR Cr) | 101 25.2% | 81 -9.8% | 90 81.6% | 49 -5.7% | 52 -21.5% | 67 149.1% | 27 436.4% | 5 367.3% | 1 - | -23 - | 2 3.8% | 2 -71.1% | 7 -88.5% | 63 117.4% | 29 55.3% | 19 - |
| Assets (INR Cr) | 1925 46.6% | 1313 30.4% | 1007 33.5% | 754 15.8% | 651 13.3% | 575 39.1% | 413 15.0% | 360 13.4% | 317 -1.3% | 321 -8.4% | 351 -2.3% | 359 -2.1% | 366 -3.0% | 378 27.1% | 297 30.4% | 228 - |
| Net Worth (INR Cr) | 1171 47.1% | 796 16.4% | 684 30.8% | 523 19.6% | 437 14.6% | 382 57.3% | 243 41.5% | 171 -19.9% | 214 0.4% | 213 -11.4% | 240 1.0% | 238 0.9% | 236 2.0% | 231 37.4% | 168 13.9% | 148 11.2% |
| Employee Cost (INR Cr) | 31 -44.2% | 55 17.1% | 47 37.3% | 34 -24.4% | 46 38.1% | 33 49.8% | 22 14.6% | 19 53.1% | 13 19.9% | 10 14.7% | 9 13.3% | 8 -28.1% | 11 21.9% | 9 63.5% | 6 115.3% | 3 - |
| Interest Cost (INR Cr) | 74 | 27 | 9 | 9 | 12 | 11 | 12 | 12 | 11 | 12 | 13 | 15 | 17 | 13 | 10 | 3 |
| Cash & Bank Balance (INR Cr) | 259 | 74 | 21 | 18 | 21 | 22 | 18 | 10 | 14 | 16 | 12 | 12 | 14 | 12 | 9 | 19 |
| Total Debt (INR Cr) | 638 | 412 | 97 | 88 | 73 | 77 | 82 | 112 | 58 | 62 | 68 | 85 | 97 | 114 | 122 | 80 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.8% | 3.4% | 6.2% | 5.7% | 4.9% | 6.6% | 4.4% | 1.0% | 0.3% | - | 0.8% | 0.7% | 1.1% | 5.4% | 5.2% | 6.6% |
| Profit As % Of Assets | 5.3% | 6.2% | 8.9% | 6.6% | 8.1% | 11.6% | 6.5% | 1.4% | 0.3% | - | 0.6% | 0.6% | 2.0% | 16.7% | 9.7% | 8.2% |
| Profit As % Of Networth | 8.7% | 10.2% | 13.1% | 9.5% | 12.0% | 17.5% | 11.1% | 2.9% | 0.5% | - | 0.9% | 0.9% | 3.1% | 27.2% | 17.2% | 12.6% |
| Interest Cost to EBITDA % | 20.5% | 12.7% | 5.0% | 7.1% | 9.2% | 8.6% | 17.0% | 29.0% | 31.8% | 137.1% | 36.0% | 36.3% | 33.6% | 10.9% | 16.4% | 15.7% |
| Debt to Equity Ratio | 0.54 | 0.52 | 0.14 | 0.17 | 0.17 | 0.20 | 0.34 | 0.65 | 0.27 | 0.29 | 0.28 | 0.36 | 0.41 | 0.49 | 0.72 | 0.54 |
| RONW | 10.7% | 11.4% | 14.5% | 9.9% | 12.8% | 20.6% | 12.8% | 2.5% | 0.5% | - | 0.8% | 0.9% | 3.4% | 32.0% | 18.5% | 13.3% |
| ROCE | 14.2% | 13.3% | 15.3% | 10.7% | 13.9% | 21.9% | 13.9% | 6.0% | 4.3% | 1.6% | 4.8% | 5.2% | 7.6% | 30.4% | 18.6% | 11.9% |