Confidence Petroleum India Ltd — Q1 FY27 earnings call
Summary generated by AI from the official transcript Confidence Petroleum India Ltd filed with BSE on 27 Aug 2026. Every statement cites a verbatim quote from that document — open any citation to read it. This is a record of what management said, not a recommendation. How we check these summaries
The short read
Confidence Petroleum India reported consolidated Q1 FY27 revenue of approximately INR2,408 crores, up about 117% year-on-year, with EBITDA of approximately INR147 crores and PAT of approximately INR62.60 crores. Management attributed the growth to volume increases across its LPG businesses along with higher LPG prices, and said margins remained broadly intact despite the revenue increase being partly price-driven. The company discussed expansion of its Auto LPG, CNG, and packed LPG networks, the status of its Type 4 high-pressure cylinder plant, and the exit of strategic investor BW from its stake.
Numbers mentioned
Revenue from operations: approximately INR2,408 crores (Q1 FY27)
p. 3
“revenue from operation for Q1 FY '26-'27 came in at approximately INR2,408 crores, up about 117% year-on-year from INR1,112 crores in Q1 FY26, and up about 98% sequentially from INR1,216 crores in quarter 4 financial year '26.”
Prity Bhabhra, page 3 of the filed PDF · View the filing
EBITDA: approximately INR147 crores (Q1 FY27)
p. 3
“EBITDA for the quarter was approximately INR147 crores, up roughly 64% year-on-year and 45% sequentially.”
Prity Bhabhra, page 3 of the filed PDF · View the filing
Profit after tax: approximately INR62.60 crores (Q1 FY27)
p. 3
“profit after tax more than tripled year-on-year to approximately INR62.60 crores compared to INR20.5 crores in the corresponding quarter last year, and grew nearly 82% over the preceding quarter.”
Prity Bhabhra, page 3 of the filed PDF · View the filing
Basic EPS: 1.86 (Q1 FY27)
p. 3
“Basic EPS for the quarter stood at 1.86 on a consolidated basis.”
Prity Bhabhra, page 3 of the filed PDF · View the filing
Revenue and PAT (revised figures): revenue crossing INR2,408 crores and PAT exceeding INR66 crores (Q1 FY27)
p. 7
“Q1 FY27 has taken our momentum significantly further, with revenue crossing INR2,408 crores and PAT exceeding INR66 crores.”
Prachi Khara, page 7 of the filed PDF · View the filing
India LPG market size: around 35.04 million metric tons
p. 4
“India's LPG market, currently estimated at around 35.04 million metric tons, is projected to reach approximately 40 million to 42 million metric tons by FY 2030, potentially positioning India as the world's largest LPG consumer by 2030.”
Prachi Khara, page 4 of the filed PDF · View the filing
CPIL private market share: 33%
p. 4
“Within the private marketing segment, CPIL holds a significant 33% share.”
Prachi Khara, page 4 of the filed PDF · View the filing
LPG bottling plants: more than 68
p. 4
“Today, the company operates ships on time charter, more than 68 LPG bottling and blending plants, 478 plus LPG road tankers, 225 plus LPG HCVs and LCVs, and a network of more than 3,150 LPG dealers.”
Prachi Khara, page 4 of the filed PDF · View the filing
Auto LPG dispensing stations: more than 315
p. 4
“Our infrastructure includes more than 315 Auto LPG dispensing stations and a growing CNG network of over 50 stations.”
Prachi Khara, page 4 of the filed PDF · View the filing
ALDS station payback period: less than 18 months
p. 6
“The economics of this model are particularly attractive, with a new ALDS station having an estimated payback period of less than 18 months.”
Prachi Khara, page 6 of the filed PDF · View the filing
Packed LPG monthly sales: around 18 to 20,000 metric ton per month
p. 11
“So, basically, in Packed LPG, we are doing a sale of around 18 to 20,000 metric ton per month.”
Prity Bhabhra, page 11 of the filed PDF · View the filing
Bengaluru CNG daily volume: around 3 lakh kg per day
p. 11
“Now we reach around 3 lakh kg per day, which is a very quantum for a such short period of time.”
Prity Bhabhra, page 11 of the filed PDF · View the filing
What management said it would do
A record of statements made on the call, in the words management used. Parakho does not forecast, endorse or assess them, and their presence here is not a view on whether they will happen.
Number of Auto LPG stations — 500 stations, with 75 by 2026-2027, then a further 100 stations in 2027-2028 · 2026-2028
stated firmly by Prity Bhabhra
p. 11
“We are targeting to complete 500 stations, 75 by 2026-2027, and then further 100 stations in 2027-2028, and then company will evaluate and further add up to 500 stations.”
Prity Bhabhra, page 11 of the filed PDF · View the filing
CNG stations in Bengaluru — increase from 50 to 100
stated firmly by Prity Bhabhra
p. 17
“So, currently, company's having 315 Auto LPG stations and 50 plus CNG stations. In Auto LPG, company's planning to increase from 315 to 500, 75in '26-'27, and later on 100, and gradually on the other years.”
Prity Bhabhra, page 17 of the filed PDF · View the filing
Revenue and PAT growth — 10% to 15% · quarter-on-quarter
stated as an aspiration by Prity Bhabhra
p. 13
“So, in terms of percentage, we will increase our revenue and PAT by, say, quarter-on-quarter 10% to 15%.”
Prity Bhabhra, page 13 of the filed PDF · View the filing
PAT margin — near future
stated as an aspiration by Prity Bhabhra
p. 10
“So, definitely, we are going to increase the margins in near future.”
Prity Bhabhra, page 10 of the filed PDF · View the filing
Type 4 cylinder plant commissioning — begin production once order book is secured · 1 to 2 months
stated conditionally by Prity Bhabhra
p. 8
“As of now, the orders are started, so we start going to deliver in 1 to 2 months.”
Prity Bhabhra, page 8 of the filed PDF · View the filing
Storage terminal expansion (backward integration) — small storage terminals at coastal areas
stated conditionally by Prity Bhabhra
p. 16
“So, we are looking forward to establish a small storage terminals as well at different coastal areas, which are under talk, but yet not finalized.”
Prity Bhabhra, page 16 of the filed PDF · View the filing
Q&A highlights
Management's answers to analyst questions, in Parakho's words rather than a transcript. Each row names who answered and carries the verbatim quote it was drawn from.
Capex is completed, machinery installed, waiting for order book before starting operations.
Answered by Prity Bhabhra
Asked by Ankur: What is the status of the Type 4 high-pressure cylinder plant and its timeline?
p. 8
“So, the capex is already completed for Type 4 cylinder manufacturing unit, which is coming up in Butibori. All the machineries are installed and everything is on the place. We are waiting for the order book to get start, and soon the plant will get operational.”
Prity Bhabhra, page 8 of the filed PDF · View the filing
Talks are ongoing with Mumbai, Hyderabad, and Indore but not finalized.
Answered by Prity Bhabhra
Asked by Ankur: Which cities is the company in talks with for CNG network expansion?
p. 9
“So, we are talking for Mumbai, Hyderabad, Indore, but yet not finalized.”
Prity Bhabhra, page 9 of the filed PDF · View the filing
Company remains focused on LPG and CNG backward integration currently, with other segments considered only if potential is seen.
Answered by Prity Bhabhra
Asked by Indu Bhushan Samal: Where is the company focusing capex - only LPG/CNG or other segments like hydrogen/biogas?
p. 9
“So, the company is more focused into the LPG and CNG. As there is a huge scope in LPG and CNG, we are more focused on the backward integration of LPG. And gradually, when the company sees the potential in the other markets, we will take a strategic decisions to expand in those segment as well.”
Prity Bhabhra, page 9 of the filed PDF · View the filing
The search was closed within 7 days, assessment not yet closed, and management does not expect a large tax liability.
Answered by Prity Bhabhra
Asked by Harshit Rathi: What is the status of the Income Tax raid/search and expected liability?
p. 12
“So, it was a search last year in 7th October 2025, and search was closed within a period of 7 days. The assessment is yet not closed, and we have not received any final tax amount from the department.”
Prity Bhabhra, page 12 of the filed PDF · View the filing
BW was a strategic investor that shifted focus to its own shipping business and exited via secondary market with no impact to the company.
Answered by Prity Bhabhra
Asked by Harshit Rathi: Why did strategic investor BW LPG exit, and what was the impact?
p. 14
“So, basically, BW was a strategic investor in the company. They have invested in 2023-2024. And now they are more focused into their own shipping business, and they want to exit, so they exited.”
Prity Bhabhra, page 14 of the filed PDF · View the filing
Management said volumes gained during the disruption are expected to sustain due to new customer agreements and competitive pricing.
Answered by Prity Bhabhra
Asked by Vinay Choudhary: How much of the quarter's growth is attributable to the West Asia crisis versus sustainable volume growth?
p. 15
“So, basically, in future also, these all volumes will sustain, and the margins will definitely will increase.”
Prity Bhabhra, page 15 of the filed PDF · View the filing
Volumes nearly doubled year-on-year; price also contributed but growth was not solely price-driven.
Answered by Prity Bhabhra
Asked by Aditya Singhania: How much of Q1 revenue growth was volume-led versus price-led?
p. 16
“So, to answer, definitely, the volumes are increased drastically, if I compare year-on-year, almost the volumes are doubled.”
Prity Bhabhra, page 16 of the filed PDF · View the filing
No merger has occurred; PESO does not currently permit combining CNG and Auto LPG stations at the same site.
Answered by Prity Bhabhra
Asked by Subodh Patil: Has the company merged CNG stations with Auto LPG stations, and does it have permission?
p. 18
“No. We have not merged the Auto LPG with CNG. Both the stations are independent stations. Because yet the PESO don't allow the combination of CNG and Auto LPG station.”
Prity Bhabhra, page 18 of the filed PDF · View the filing
Yes, a 100% subsidiary was established in Dubai to ease LPG import operations.
Answered by Prity Bhabhra
Asked by Harshit Rathi: Has the company established a subsidiary in Dubai, and what is its purpose?
p. 19
“So, for ease of business, we established 100% subsidiary in Dubai.”
Prity Bhabhra, page 19 of the filed PDF · View the filing
Risks flagged
Geopolitical disruptions in West Asia impacted global LPG trade and sourcing, given India's high dependence on imported LPG
p. 5
“This capability was particularly tested during the recent geopolitical disruptions in West Asia, which significantly impacted global LPG trade and made sourcing cargoes considerably more challenging.”
Prachi Khara, page 5 of the filed PDF · View the filing
Higher LPG prices caused a temporary slowdown in Auto LPG demand
p. 6
“During the quarter, our Auto LPG business witnessed a temporary slowdown due to higher LPG prices, which impacted demand across the industry.”
Prachi Khara, page 6 of the filed PDF · View the filing
Revenue growth driven by higher product prices rather than fundamental business change, with margin percentage appearing to decline as a result
p. 6
“However, this revenue growth was largely driven by higher product prices rather than a fundamental change in the underlying economics of the business.”
Prachi Khara, page 6 of the filed PDF · View the filing
Ongoing income tax assessment from a prior search, with final tax amount not yet determined
p. 12
“The assessment is yet not closed, and we have not received any final tax amount from the department.”
Prity Bhabhra, page 12 of the filed PDF · View the filing
PESO regulatory restriction currently prevents combining CNG and Auto LPG stations at the same site
p. 18
“Because yet the PESO don't allow the combination of CNG and Auto LPG station.”
Prity Bhabhra, page 18 of the filed PDF · View the filing
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