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Confidence Petroleum India Limited (CONFIPET) Fair Value & Analysis

Energy · IN · Market cap ₹24.1B (≈ $255M) · ISIN INE552D01024

What is Confidence Petroleum India Limited really worth?

CP Confidence Petroleum India Limited CONFIPET · BSE
Price₹82.43
Fair Value₹47.53
Upside−42.3%
Quality52/100

A solid business, but trading 73% above our fair value of ₹47.53.

As of Aug 20, 2026, the fair value of Confidence Petroleum India Limited is ₹47.53 per share against a price of ₹82.43, so the fair value sits 42% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Healthy Growth (revenue 5y +40.4 %/yr)
Low debt · generates free cash flow

Risks

!Thin margins · 2.2% net margin
!Narrow moat 33/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range ₹33.48 – ₹59.41

Fair value as of: Aug 20, 2026

From 25 valuation models · updated 17 days ago

Share price +0.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹59.41). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.

Price vs Fair Value (5 years)

₹114.46 ₹28.82 Fair Value ₹47.53 May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range ₹28.82 – ₹114.46 · fair‑value band ₹33.48 – ₹59.41 · the ₹82.43 price screens above the ₹47.53 fair value. Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

Confidence Petroleum India Limited (CONFIPET) currently trades at ₹82.43, while our model-based Fair Value estimate is ₹47.53, implying the stock looks roughly 73.4% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Energy sector. Bull case: the DCF Models group reads highest at a median of ₹185.91 per share, and 11 of the 25 models we run sit above the ₹82.43 price. Bear case: the Asset-Based group reads lowest at ₹28.61, and 14 of the 25 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Confidence Petroleum India Limited generated revenue of ₹60.0B at a net margin of 2.2%. Revenue grew 116.6% year over year. It earns a return on equity of 6.5%. Net debt stands at ₹4.5B. Fundamentals as of Aug 20, 2026

Our scenario range runs from ₹33.48 (bear case) to ₹59.41 (bull case); at ₹82.43, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 5% below its 52-week high and 205% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at −59% fair-value upside, at −42%, CONFIPET screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2026 figures, and about 5 months have passed since. In that time the company retained roughly ₹1.76 per share, which is 4.0 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹33.97 ₹35.24 ₹36.78 76
FCF DCF ₹194.35 ₹310.48 ₹680.26 75
EPV ₹33.18 ₹40.07 ₹46.09 74
All 25 models by family
DCF Models
FCF DCF ₹194.35 ₹310.48 ₹680.26 75
5Y Revenue Exit ₹86.30 ₹136.03 ₹238.53 70
5Y EBITDA Exit ₹82.76 ₹128.88 ₹218.42 73
5Y P/E Exit ₹69.47 ₹124.63 ₹192.83 69
10Y Revenue Exit ₹117.12 ₹222.14 ₹274.90 67
10Y EBITDA Exit ₹116.73 ₹214.52 ₹367.20 66
10Y P/E Exit ₹107.04 ₹185.91 ₹299.41 62
Earnings-Based
Graham-Dodd ₹19.01 ₹132.59 ₹186.06 63
Lynch FV ₹54.54 ₹77.92 ₹101.30 61
PEG = 1.0 ₹54.54 ₹77.92 ₹101.30 57
EPV ₹33.18 ₹40.07 ₹46.09 74
Dividend Discount
Gordon GGM ₹0.9800 ₹2.03 ₹3.22 66
DDM Multi-Stage ₹0.9800 ₹1.71 ₹2.13 67
Multiples
P/E Multiple ₹29.36 ₹39.14 ₹48.93 63
P/S Multiple ₹35.65 ₹47.53 ₹59.41 58
P/B Multiple ₹35.65 ₹47.53 ₹59.41 55
EV/EBIT ₹31.59 ₹44.83 ₹58.07 65
EV/EBITDA ₹38.83 ₹54.48 ₹70.13 67
EV/Revenue ₹40.07 ₹60.72 ₹81.37 53
Asset-Based
NCAV (Graham) ₹21.35 ₹28.61 ₹42.69 54
Growth DCF
Growth DCF ₹182.32 ₹346.12 ₹677.21 74
Rev-Margin DCF ₹89.20 ₹157.12 ₹288.70 69
Economic Profit
Residual Income ₹33.97 ₹35.24 ₹36.78 76
ROIC Compounder ₹33.18 ₹40.07 ₹51.53 72
Growth Earnings
Growth-Adj P/E ₹59.61 ₹85.16 ₹110.71 67

Widest divergence: DCF Models (₹185.91) versus Dividend Discount (₹1.71). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 20.4
P/S ratio 0.40 P/E × margin
EPS (TTM) ₹4.05 price ÷ EPS = P/E 20.4
Dividend yield 0.1% payout 3.0%
Net margin 2.0% FY2026
Return on equity 6.5% TTM
More key figures
Profitability
Return on assets (EBIT) 8.2% avg 5y
Operating margin 4.2% TTM
Growth
Revenue (TTM) ₹60.0B TTM
Revenue growth (YoY) +117% 3y avg +28.7%
EPS growth (YoY) +205%
Balance sheet & cash flow
Free cash flow ₹4.0B FY2026
Net debt ₹4.5B FY2026 · ≈ 1.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 55 · Market factors (momentum, volatility) 78

Profitability 47
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 56
Balance sheet, leverage, solvency risk
Investment 36
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 87
Price trend over the last 3–12 months (market factor)
52W Momentum 97
Distance to the 52-week high (market factor)
Net Issuance 53
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Confidence Petroleum India Limited engages in the manufacture and sale of liquefied petroleum gas (LPG) cylinders in India. It operates through Cylinder Division and LPG Division segments. The company offers CNG and packed LPG cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations.

Full company description

Confidence Petroleum India Limited engages in the manufacture and sale of liquefied petroleum gas (LPG) cylinders in India. It operates through Cylinder Division and LPG Division segments. The company offers CNG and packed LPG cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers. It sells its products under the GoGas brand name. The company was founded in 1993 and is based in Nagpur, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Confidence Petroleum India Limited reported revenue of ₹47.0B in FY2026 versus ₹14.3B in FY2022, a compound +34.7%/yr. Reported net income was ₹929M in FY2026, compounding +1.4%/yr from FY2022.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹47.0B
Latest YoY
+49.6%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+28.7%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+40.4%
Avg. revenue growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+26.9%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+8.0% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+7.9%
Dividend yield0.1%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y 7.9% vs 10Y 30.6%, flattening
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8.0% (2021) → 3.7% (2026) · falling
Worst earnings drop29% (2021) · in INR
Revenue +34.7%/yr
FY22 ₹14.3B
FY23 ₹22.1B
FY24 ₹27.0B
FY25 ₹31.5B
FY26 ₹47.0B
Net income +1.4%/yr
FY22 ₹879M
FY23 ₹899M
FY24 ₹1.0B
FY25 ₹862M
FY26 ₹929M

CONFIPET screens 73% overvalued. Compare with Reliance Industries Limited →

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Cite: Fair Value Calculator (2026). "Confidence Petroleum India Limited Fair Value". https://www.fairvalue-calculator.com/stock/CONFIPET.BSE

Peer Group

Oil & Gas Refining & Marketing · 109 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Below median
Fair Value upside −42% · Below median
Return on equity (TTM) 6% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 117% · Top 25%
Dividend yield (TTM) 0.1% · Bottom 25%
Debt / equity 0.23× · Lower than median

Valuation Multiples vs Oil & Gas Refining & Marketing median · lower = cheaper

P/E (TTM) 20.4× · Pricier than median
P/B 1.70× · Pricier than median
P/S (TTM) 0.40× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 6.4× · Cheaper than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Oil & gas

Similar stocks

10 more Oil & Gas Refining & Marketing stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

Stock Price Fair Value vs Fair Value
Reliance Industries Limited RELIANCE ₹1,314 ₹835.66 −36%
Valero Energy Corporation VLO $352.36 $127.32 −64%
Marathon Petroleum Corporation MPC $368.83 $133.18 −64%
Phillips 66 PSX $246.58 $99.41 −60%
Neste Oyj NESTE €31.28 €3.83 −88%
Formosa Petrochemical Corporation 6505 75.80 TWD 15.32 TWD −80%
HF Sinclair Corporation DINO $87.93 $44.96 −49%
Bharat Petroleum Corporation BPCL ₹315.70 ₹846.81 +168%
SK Innovation Co 096770 131,500 KRW 53,541 KRW −59%
Sunoco LP, SUN $75.55 $53.36 −29%

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Frequently asked questions

Is Confidence Petroleum India Limited (CONFIPET) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of ₹47.53 versus a price of ₹82.43, about −42% upside (overvalued).
What is the fair value of CONFIPET?
Our model-based fair value for Confidence Petroleum India Limited is ₹47.53 (as of Aug 20, 2026), built from audited fundamentals. The current price: ₹82.43.
What is the quality score of CONFIPET?
Confidence Petroleum India Limited has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Confidence Petroleum India Limited (CONFIPET)?
Our model-based price target is the fair value of ₹47.53 (as of Aug 20, 2026) from 25 valuation models. Cautious scenario ₹33.48, optimistic scenario ₹59.41. It is a calculation from audited fundamentals, not an analyst target.
What is the Confidence Petroleum India Limited stock forecast for 2026?
Our models put fair value at ₹47.53, about −42% upside versus a price of ₹82.43 (overvalued). Cautious scenario ₹33.48, optimistic scenario ₹59.41. The calculation is refreshed regularly with new filings.
What is the revenue of Confidence Petroleum India Limited (CONFIPET)?
Confidence Petroleum India Limited reported trailing-twelve-month revenue of about ₹60.0B (latest available figure, as of Aug 20, 2026).
What is the net profit margin of CONFIPET?
The net profit margin of Confidence Petroleum India Limited is about 2.2%, meaning it keeps roughly 2.2% of revenue as net income. Based on the latest reported figures.
Does Confidence Petroleum India Limited pay a dividend?
Confidence Petroleum India Limited currently shows a dividend yield of about 0.15% relative to its recent price (as of Aug 20, 2026).
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