CONFIDENCE PETRO IND LTD.

Confidence Petroleum India Limited reported strong Q1 FY27 results, with consolidated revenue from operations reaching INR2,408 crores, up 117% year-on-year and 98% sequentially. EBITDA was INR147 crores, up 64% YoY and 45% sequentially, while profit after tax more than tripled to INR62.60 crores. The company attributed the growth to strong volume expansion in its LPG businesses. Management highlighted India's growing LPG market, which Management projects to reach 40-42 million metric tons by FY2030, and emphasized its integrated energy infrastructure spanning sourcing, bottling, storage, and distribution. The company operates over 68 LPG bottling plants, 478 road tankers, and 3,150 dealers, with a focus on expanding Auto LPG dispensing stations (315 operational) and CNG networks (50+ stations). Management noted that while higher LPG prices drove revenue growth, margins remained stable due to disciplined pricing and efficient operations. The company is pursuing backward integration, expanding its distribution network, and strengthening customer relationships. Regarding future plans, management guided toward revenue and PAT growth of 10-15% quarter-on-quarter, with a focus on volume-led expansion and margin improvement as market conditions normalize. The Type 4 high-pressure cylinder manufacturing unit is nearing operational status, and the company is exploring opportunities in hydrogen and electric charging stations, though current focus remains on LPG and CNG. The company also mentioned a subsidiary in Dubai for LPG imports and noted that the BW stake exit did not impact operations. The earnings call concluded with management expressing confidence in sustained growth and long-term value creation.

The document emphasizes strong revenue and profit growth, positive market outlook, and strategic expansion plans, reflecting an optimistic tone.