Confidence Petroleum India Ltd

Confidence Petroleum India Limited trading window closed from Oct 01, 2026; will reopen 48 hours after the declaration of Un-Audited Financial Results for the quarter ended September 30, 2026

AGM Details

• AGM held on 30 September 2026 at 01:00 PM IST via VC/OVAM.
• Remote e-voting cut-off: 23 September 2026.
• Meeting duration: 01:00 PM to 01:28 PM IST.

Ordinary Business

• Adoption of standalone and consolidated financial statements for 2025-26.
• Final dividend of Rs 0.10 per equity share for year ended 31 March 2026.
• Re-appointment of Elesh Khara as director liable to retire by rotation.
• Re-appointment of Katariya and Munot, Chartered Accountants, as joint statutory auditors.
• Ratification of remuneration payable to cost auditors.

Special Business

• Material related party transaction with Sneha Petroleum.
• Material related party transaction with Gaspoint Petroleum India Limited.
• Material related party transaction with Halol Cylinders Private Limited.
• Material related party transaction with UMA GasPoint Bottling Private Limited.
• Material related party transaction with Taraa LPG Bottling Private Limited.
• Alteration and adoption of amended and restated Articles of Association.

Voting Status

• Voting results and scrutinizer’s report to be announced within 48 hours.

Key metrics

• Consolidated revenue FY26: ₹4,704.57 Cr.
• Consolidated PAT FY26: ₹96.53 Cr.
• Consolidated EPS FY26: ₹2.80.
• PBIDT consolidated FY26: ₹37,797 Lakh.
• Total borrowings consolidated as at 31 Mar 2026: ₹50,246 Lakh.
• Net debt consolidated as at 31 Mar 2026: ₹44,762 Lakh.
• Debt-to-equity ratio as at 31 Mar 2026: 0.29x.
• Final dividend proposed for FY26: ₹0.10 per share.
• Auto LPG stations: 315+ ALDS as at 31 Mar 2026.
• CNG stations commissioned Bengaluru: 50+.

Key dates

• Book closure from 24 Sep 2026 to 30 Sep 2026 (inclusive) for the AGM.
• AGM scheduled on 30 Sep 2026 at 01:00 PM via VC.
• Record date/cut-off fixed at 23 Sep 2026 for AGM and dividend entitlement.
• Dividend, if declared at AGM, will be paid to members on record date 23 Sep 2026.
• Security type: equity shares.

Overview

• Standalone BRSR for FY2025-26 covers Confidence Petroleum India's cylinder and LPG business.
• Reporting boundary is standalone; 380 plants and 2 offices across 25 Indian states.
• CSR is applicable; turnover ₹329.76 crore; net worth ₹1,203.60 crore.
• Markets served: 25 states; exports NIL.
• Annual Report and BRSR available online; corporate identity and contact details provided.

Key ESG Risks & Opportunities

• Material opportunities include resource optimization, energy and water efficiency, and decarbonization.
• Net-Zero strategy under development with government alignment; potential long-term cost and efficiency benefits.
• Growth opportunities from nationwide LPG expansion and stakeholder engagement programs.
• Value-chain practices include supplier environmental screening and social risk assessments.
• CSR exceeds statutory 2% of average net profit; spend across geographies.

Governance & Policy Highlights

• MD oversight with Sustainability Management Committee in place.
• Board-approved policies cover Code of Conduct, anti-bribery, whistleblower, fraud prevention, CSR.
• Policies hosted on CPIL website with external-stakeholder links.
• Whistleblower policy and anti-corruption policy in place; no penalties reported.
• Board oversight and annual reviews of ESG-integrated policies; independent assessment conducted.

Social Responsibility & Workforce

• Total workforce: 815 permanent employees; 3,425 workers; 0 differently abled.
• Gender representation: Board 37.5% women; KMP 33.3% women.
• Turnover: permanent staff 804 (FY2024-25) vs. 815 (FY2025-26); male/female breakdown shown.
• LTIFR 0; no fatalities; BIS/PESO safety measures in place.
• Training: board 2 programs, KMP 2 programs, employees 1 program; 100% board/KMP training; 50% employee training.
• Parental leave available; women’s cell and grievance mechanism established.
• CSR expenditure exceeds 2% of average net profit; CSR initiatives span multiple geographies.

Environmental Performance

• Total energy consumption FY2025-26: 13,995,850 units; energy intensity 0.0003089 per turnover.
• Scope 1 and Scope 2 emissions reported as NIL; no project-level reductions disclosed.
• Zero Liquid Discharge (ZLD) implemented.
• Water withdrawals and discharges NIL; PAT applicability not indicated.
• Waste NIL; 100% of new suppliers screened for environmental and social parameters.

Stakeholder Engagement & Complaints

• Stakeholders include financial institutions, investors, customers, JVs, and government/regulators; engagement annual/quarterly.
• Channels include IR meetings, site visits, customer meets, newsletters, and website disclosures.
• Shareholders filed 7 complaints; 2 pending; other groups had zero complaints.
• Data privacy complaints NIL; consumer/cyber concerns not reported; committee-driven resolution mechanism.

Other Notable Metrics

• Affiliations with two chambers: World LPG Association and Nag Vidarbha Chamber of Commerce.
• External assessment of policies conducted by an external agency.
• Training and awareness programs across value chain; board/KMP coverage 100%, employees 50%.
• Affirmation of anti-corruption/whistleblower framework; no anti-competitive orders reported.

AGM Details

• AGM on 30 September 2026 at 01:00 PM via VC/OAVM.
• Record date for AGM and dividend fixed at 23 September 2026.
• Register of Members and share transfer books closed 24–30 September 2026.

Dividend

• Final dividend proposed: Rs 0.10 per equity share for FY2025-26.

Resolutions

• Item 1 (Ord): Adoption of standalone and consolidated financial statements for FY2025-26.
• Item 2 (Ord): Declaration of final dividend for FY2025-26.
• Item 3 (Ord): Re-appointment of Elesh Khara as director liable to retire by rotation.
• Item 4 (Ord): Re-appointment of Katariya and Munot as joint statutory auditors for five years.
• Item 5 (Ord): Ratification of remuneration payable to cost auditors for 2026-27.
• Item 6 (Ord): Approve related party transactions with Sneha Petroleum up to Rs 3,000 crore.
• Item 7 (Ord): RPT with Gaspoint Petroleum India Limited up to Rs 1,000 crore.
• Item 8 (Ord): RPT with Halol Cylinders Private Limited up to Rs 1,000 crore.
• Item 9 (Ord): RPT with UMA Gaspoint Bottling Private Limited up to Rs 700 crore.
• Item 10 (Ord): RPT with Taraa LPG Bottling Private Limited up to Rs 700 crore.
• Item 11 (Special): Alter and adopt amended restated AoA removing Part B.

Directors

• Elesh Khara re-appointed as director liable to retirement by rotation.

Auditors

• Remuneration for 2026-27 statutory audit fixed at Rs 4.0 Lakhs.
• Cost Auditors remuneration ratified; Board to determine any additional fees.

Related Party Transactions

• Sneha Petroleum: aggregate up to Rs 3,000 crore for FY2026-27.
• Gaspoint Petroleum India Limited: aggregate up to Rs 1,000 crore for FY2026-27.
• Halol Cylinders Private Limited: aggregate up to Rs 1,000 crore for FY2026-27.
• UMA Gaspoint Bottling Private Limited: aggregate up to Rs 700 crore for FY2026-27.
• Taraa LPG Bottling Private Limited: aggregate up to Rs 700 crore for FY2026-27.

AoA Change

• Special resolution to remove Part B and adopt Restated Articles of Association.

Business overview

• Integrated LPG ecosystem across sourcing, bottling, storage, logistics, and end-user delivery.
• Asset-light ALDS model enabling scalable Auto LPG expansion with favorable payback.
• Expansion focus on LPG, Auto LPG, and CNG across multiple regions.
• Dubai subsidiary established to streamline LPG import and distribution.
• Promoter family increasing stake; second generation involved in management.

Operational highlights

• Capex completed for Type 4 high‑pressure cylinder unit at Nagpur; orders pending.
• GoGas customer base expanded to 3,400+ HoReCa accounts; dealer network over 3,150.
• Auto LPG stations at 315; CNG stations 50; target 500 Auto LPG by 2026-27.
• CNG expansion in Bengaluru; 82 CNG cascades deployed; 50 live stations.
• Revenue growth largely volume-led; price impact contributed but volume growth key.

Financial performance

• Q1 FY27 consolidated revenue ₹2,408 cr; YoY +117%; QoQ +98%.
• EBITDA ₹147 cr; YoY +64%; QoQ +45%.
• PAT ₹62.6 cr; >3x YoY; QoQ up ~82%.
• Basic EPS ₹1.86; consolidated.

Capital structure & liquidity

• BW LPG exited; no material impact disclosed.
• Dubai subsidiary established; 100% ownership for import/operations.
• Income tax raid in Oct 2025; assessment not closed; no final tax amount yet.

Strategic outlook & capex

• Four priorities: expand distribution/dispensing, improve asset utilization, deepen customer relationships, backward integration.
• Backward integration: potential coastal storage terminals; expand bottling capacity.
• Guidance: revenue and PAT to grow 10-15% QoQ; 10-15% YoY growth.

Risks & mitigation

• LPG price volatility; margins remain largely intact due to disciplined pricing.
• Geopolitical disruptions; diversified sourcing across NA, Africa, and other regions.
• Tax scrutiny; ongoing assessment with disclosure of status.

Governance & leadership

• Promoter stake increasing; second generation active in management.
• Dubai subsidiary established; governance framework under development.
• BW exit noted; strategic focus remains LPG-centered.

Key details

• Target Company: Confidence Petroleum India Limited.
• Disclosing Party: Radiant Computech Private Limited (seller).
• Transaction Type: Disposal of equity shares.
• Pre-Transaction Holding: 2,82,29,120 shares (8.50%).
• Transaction Details: Sold equity shares in multiple non-reportable tranches up to 24 August 2026.
• Date(s) of Transaction: On or before 24 August 2026.

Conference call recording

• Audio recording of Aug 21, 2026 conference call released for investor access via IR page.