Confidence Petroleum India Limited

Manufacturer and supplier of LPG cylinders and bottling services for commercial usage.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated:

Confidence Petroleum India Profile

Key Indicators

  • Authorised Capital ₹ 35.75 Cr
  • Paid Up Capital ₹ 33.22 Cr
  • Company Age 30 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 612.64 Cr
  • Satisfied Charges ₹ 97.14 Cr
  • Revenue Growth -21.02%
  • Profit Growth -7.82%
  • Ebitda -3.68%
  • Net Worth 19.15%
  • Total Assets 13.64%

About Confidence Petroleum India

Confidence Petroleum India Limited (CPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 July 1994 and has a history of 30 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526829 and on the National Stock Exchange(NSE) under CONFIPET.

The Corporate was formerly known as Devarsa Gas-Chem Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 35.75 Cr and a paid-up capital of Rs 33.22 Cr.

The company currently has active open charges totaling ₹612.64 Cr. The company has closed loans amounting to ₹97.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Confidence Petroleum India Limited India are Elesh Khara as CFO and Prity Bhabhra as Company Secretary. Vandana Gupta, Nitin Khara, Elesh Khara, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    confidencegroup.co

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40200MH1994PLC079766

  • Company No.

    079766

  • Stock Symbol

    BSE : 526829 NSE : CONFIPET

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Energy and Power

What products or services does Confidence Petroleum India Limited offer?

Confidence Petroleum India Limited offers a wide range of products and services, including Plant Design & Installation Services, Plant Installation Services, Transport Agents & Bulk Carriers, Tanker Transportation Services, Measuring Equipments & Instruments, Gas Measurement Instruments, Surgical & ICU Equipments, Oxygen Cylinder, Gas Cylinders, LPG Cylinders.

Who are the key members and board of directors at Confidence Petroleum India?

Executive Team (3)

NameDesignationAppointment DateStatus
Nitin Khara Country flag representing In Managing Director01-Oct-2004Current
Elesh Khara Country flag representing In CFO20-Feb-2004Current
Prity Bhabhra Country flag representing In Company Secretary16-Dec-2017Current

Board Members (5)

NameDesignationAppointment DateStatus
Vandana Gupta Country flag representing In Director 28-May-2021Current
Elesh Khara Country flag representing In Director and Cfo 20-Feb-2004Current
Mansi Deogirkar Country flag representing In Director 31-Mar-2015Current
Vaibhav Pradeep Country flag representing In Director 14-Feb-2018Current
Simon Hill Country flag representing Gb Director 23-Apr-2024Current

Financial Performance of Confidence Petroleum India.

Confidence Petroleum India Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 21.02% decrease. The company also saw a slight decrease in profitability, with a 7.82% decrease in profit. The company's net worth Soared by an impressive increase of 19.15%.

Confidence Petroleum India revenue growth over time
Confidence Petroleum India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-21.02%
Revenue from Operations
-20.88%
Total Assets
13.64%
Profit or Loss
-7.82%
Net Worth
19.15%
EBITDA
-3.68%

What is the Ownership and Shareholding Structure of Confidence Petroleum India?

In 2022, Confidence Petroleum India had a promoter holding of 59.52% and a public holding of 40.47%. The company had 13 Subsidiaries and 4 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹612.64 Cr

Satisfied Charges

₹97.14 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 185.50 Cr
  • State Bank Of India : 156.87 Cr
  • 3I Infotech Trusteeship Services Limited : 106.60 Cr
  • Icici Bank Limited : 53.60 Cr
  • Others : 45.40 Cr
  • Others : 64.66 Cr

Latest Charge Details

DateLenderAmountStatus
11 Jul 2024Sidbi₹4.26 CrOpen
30 Oct 2023Axis Bank Limited₹2.74 CrOpen
05 Sep 2023Axis Bank Limited₹4.31 CrOpen
31 Jul 2023Axis Bank Limited₹5.42 CrOpen
30 Jun 2023Yes Bank Limited₹4.07 CrOpen

How Many Employees Work at Confidence Petroleum India?

Confidence Petroleum India has a workforce of 438 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Confidence Petroleum India Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Confidence Petroleum India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Confidence Petroleum India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Confidence Petroleum India

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 4.26 Cr with Charge ID 100954358 was registered on 11 Jul 2024.

  • Charges

    A charge registered on 31 May 2021 via Charge ID 100450870 with Axis Bank Limited was fully satisfied on 11 May 2024.

  • Charges

    A charge registered on 30 Dec 2020 via Charge ID 100404210 with Axis Bank Limited was fully satisfied on 24 Apr 2024.

  • Charges

    A charge registered on 20 Nov 2020 via Charge ID 100391789 with Axis Bank Limited was fully satisfied on 24 Apr 2024.

  • Charges

    A charge registered on 20 Nov 2020 via Charge ID 100391792 with Axis Bank Limited was fully satisfied on 24 Apr 2024.

  • Charges

    A charge registered on 31 Mar 2021 via Charge ID 100437610 with Axis Bank Limited was fully satisfied on 23 Apr 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Confidence Petroleum India Limited?

    Confidence Petroleum India Limited was incorporated on 21 Jul 1994.

  • What is authorized share capital and paid-up capital of Confidence Petroleum India Limited?

    The authorized share capital of Confidence Petroleum India Limited is ₹ 35.75 Cr and paid-up capital is ₹ 33.22 Cr.

  • Who are the current board members & directors of Confidence Petroleum India Limited?

    Currently 8 directors are associated with Confidence Petroleum India Limited.

    • Vandana Gupta
    • Nitin Punamchand Khara
    • Elesh Khara
    • Mansi Manoj Deogirkar
    • Vaibhav Dedhia Pradeep
    • Simon Charles Hill
    • Elesh Khara
    • Prity Pramod Bhabhra

  • What is the registered address of Confidence Petroleum India Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Confidence Petroleum India Limited is 701 Shivai Plaza Premises Chs Ltd. Plot No. 79 Marol Ind. Estate Nr. Mahalaxmi Hotel, Andheri(E) India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Confidence Petroleum India Limited?

    The corporate identification number (CIN) of Confidence Petroleum India Limited is L40200MH1994PLC079766 and the company number is 079766 as per Ministry of Corporate Affairs (MCA).

  • Is Confidence Petroleum India Limited registered with any stock exchange in India?

    Yes, Confidence Petroleum India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CONFIPET.

  • What is the official website of Confidence Petroleum India Limited?

    The Official website of Confidence Petroleum India Limited is https://www.confidencegroup.co

  • What has been the recent revenue trend for Confidence Petroleum India Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Confidence Petroleum India Limited has fallen by -21.02%.

  • How many employees does Confidence Petroleum India Limited currently have?

    As Per 2021 financial reports, 438 employees are currently employed by Confidence Petroleum India Limited.

  • What change has been observed in the net worth of Confidence Petroleum India Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Confidence Petroleum India Limited has experienced an upsurge of 19.15%.

  • What are the total open charges for Confidence Petroleum India Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Confidence Petroleum India Limited amount to ₹ 612.64 Cr.

  • When was the last Balance Sheet of Confidence Petroleum India Limited filed with the ROC?

    The most recent Balance Sheet for Confidence Petroleum India Limited was filed with the ROC on 31 Mar 2023.

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