About Confidence Petroleum India Limited

Confidence Petroleum India Limited (CPIL) was incorporated on July 21, 1994. Over three decades, it has evolved into a fully integrated LPG and CNG company, with listings on both the BSE and NSE, and a mission to deliver clean, efficient fuel solutions to households and businesses across India. The company’s operations span 25 states, supported by 360 national locations and two offices (Mumbai and Nagpur), reflecting its wide operating footprint in India; CPIL reports no international operations and no export contribution to turnover.

CPIL’s offerings cover the full LPG value chain—marketing and bottling of LPG (Packed and Bulk), Auto LPG retailing, and manufacturing of LPG/CNG cylinders—alongside a growing presence in CNG retailing. The company operates one of India’s most extensive LPG bottling infrastructures with 68 plants across multiple states, positioning it as the largest private sector LPG bottler in the country. These facilities serve CPIL’s ‘GoGas’ brand and also support leading oil companies such as HPCL, BPCL and IOCL, as well as private majors like Reliance. In Auto LPG, CPIL had 295 operational Auto LPG Dispensing Stations (ALDS), reinforcing its position as the largest private player in this segment. In CNG retail, CPIL operates 50 outlets in Bengaluru under a Master Agreement with GAIL Gas India Limited and is exploring collaborations with other CGD operators to expand the network beyond Bengaluru.

As on March 31, 2025, the company had 16 subsidiaries. CPIL also reports associates and joint ventures, but readers should note only the subsidiary count is requested here. Registered Office: 701, Shivai Plaza Premises CHS Ltd., Plot No. 79, Marol Industrial Estate, Andheri (E), Mumbai – 400059; Corporate Office: Confidence Tower, 34A, Central Bazar Road, Ramdaspeth, Nagpur – 440010.

Key milestones of Confidence Petroleum India Limited

Key milestones achieved include the expansion of the ALDS network to 295 stations, the development of a robust bottling footprint, and the continued build‑out of CNG retailing infrastructure in partnership with GAIL Gas in Bengaluru.

Confidence Petroleum India Limited Business Segments

By segment/vertical (as a share of turnover): LPG Division 97.85%; Cylinder Division 2.15%.

By geography: Domestic 100% (Exports: NIL).

Confidence Petroleum India Limited Key Management

• Nitin Khara – Chairman and Managing Director
• Elesh Khara – CFO and Executive Director
• Ms. Prity Bhabhra – Company Secretary & Compliance Officer

Latest Updates on Confidence Petroleum India Limited

• Bulk LPG: CPIL commenced direct procurement from refineries and strengthened logistics by chartering two vessels while leveraging its in‑house lorry fleet for faster, more reliable nationwide supply.
• Auto LPG: The company expanded its ALDS network to 295 operational stations, consolidating its status as the largest private player in the segment.
• CNG retail: CPIL operated 50 CNG outlets in Bengaluru under a Master Agreement with GAIL Gas India Limited and is exploring further tie‑ups with other CGD companies to extend its footprint across India.
• Digital and process enhancements: The company implemented online automation to monitor stock and sales in real time, and deployed tools such as Salesforce, Lystloc and Runo to drive automation and productivity across operations. It also launched the Janata Cylinder Yojna (JCY) to deepen rural reach and added PESO‑approved godowns and stock points to strengthen distribution.
• Strategic investments and partnerships: On November 30, 2024, CPIL entered multiple definitive agreements with BW LPG Limited and Ganesh Benzoplast Limited for capital subscription and a joint venture; it invested Rs 250 Lakhs for a 50% stake in BW Confidence Enterprises Pvt. Ltd..
• M&A: During FY 2024–25, CPIL acquired 100% of Punjab Petroleum Corporation Limited, which became a wholly‑owned subsidiary from the date of acquisition.