Confidence Petroleum India Limited CONFIPET.NS Open Confidence Petroleum India Limited in new tab
Confidence Petroleum India Limited Analysis (CONFIPET.NS)
Is Confidence Petroleum India Limited a good investment? Confidence Petroleum India Limited (CONFIPET.NS) is currently trading at 64.80 INR.
In terms of valuation, the stock trades at a P/E ratio of 24.26. This valuation is generally in line with the broader market.
Earnings Schedule: Confidence Petroleum India Limited is expected to release its next earnings report on May 27, 2026.
For income investors, Confidence Petroleum India Limited pays a dividend yield of 0.18%. With a payout ratio of 4%, the dividend appears sustainable.
Investor FAQ
Does Confidence Petroleum India Limited pay a dividend?
Yes, it pays an annual dividend of 0.10 INR (0.18% yield).
What asset class is Confidence Petroleum India Limited?
Confidence Petroleum India Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
When is the next earnings date?
The next earnings date is projected to be May 27, 2026. The company currently has a trailing EPS of 2.54.
Company Profile
Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates in Cylinder and LPG divisions. The company is involved in the production and marketing of LPG and compressed natural gas cylinders. It also engages in the LPG marketing and bottling business, as well as logistic business. The company sells its products under the GO GAS brand. The company was formerly known as Devarsa Gas-Chem Ltd. and changed its name to Confidence Petroleum India Limited in February 2006. The company was founded in 1993 and is based in Nagpur, India.
Dividend Yield
0.18% (5y avg: 0.16%)
Annual Dividends
0.10 INR
Next ex. div date
Sept. 23, 2025
Payout Ratio
3.94%
Historical Dividends
| Year | Total Dividends |
|---|---|
| 2026 | 0.10 INR |
| Sept. 22, 2026 (estimated) | 0.1000 |
| 2025 | 0.10 INR |
| Sept. 23, 2025 | 0.1000 |
| 2024 | 0.10 INR |
| Sept. 23, 2024 | 0.1000 |
| 2023 | 0.10 INR |
| Sept. 22, 2023 | 0.1000 |
| 2022 | 0.10 INR |
| Sept. 22, 2022 | 0.1000 |
| 2021 | 0.10 INR |
| Sept. 22, 2021 | 0.1000 |
| 2020 | 0.08 INR |
| Oct. 28, 2020 | 0.0750 |
Yearly aggregated dividends
Dividends
|
Confidence Petroleum India Limited
Sep 23, 2025 Paid
Dividend
0.1 INR |
Historical Split Corporate Actions
Explore Premium Features
Unlock detailed news and exclusive insights with our Premium subscription.
See Pricing Plans
Community Discussion