Confidence Petroleum Q1 FY27 Revenue Up 117% YoY

Operates ships on time charter, more than 68 LPG bottling and blending plants, 478+ LPG road tankers, 225+ LPG HCVs and LCVs
Network of more than 3,150 LPG dealers serving 3,400+ HoReCa customers and more than 300 industrial customers
Infrastructure includes more than 315 Auto LPG dispensing stations and growing CNG network of over 50 stations
Operates 82 CNG road vehicles, 15 cylinder manufacturing plants, and 3 high-pressure cylinder manufacturing plants
Holds 33% market share in private LPG marketing segment (6% of total Indian LPG market)
Key drivers: Diversified sourcing capabilities, integrated import infrastructure, expansion of GoGas dealer network

Major revenue from LPG business: Bulk, Auto LPG, and Packed LPG segments
Auto LPG and Packed LPG contribute the highest EBITDA margins
During Q1 FY27, expanded GoGas packed LPG customer base in HoReCa segment to more than 3,400 accounts
Increased GoGas dealer network to over 3,150 dealers
Added new bulk LPG accounts across sectors such as FMCG, food supply processing, glass, ceramics
Currently serve approximately 300 industrial customers

Revenue: ₹2,408 crores (Q1 FY27)
EBITDA: ₹147 crores (up 64% YoY, 45% sequentially)
PAT: ₹62.60 crores (more than tripled YoY from ₹20.5 crores, grew 82% sequentially)
Basic EPS: ₹1.86 on consolidated basis
YoY comparison: Revenue up 117% from ₹1,112 crores in Q1 FY26
QoQ comparison: Revenue up 98% from ₹1,216 crores in Q4 FY26
Drivers: Strong volume growth across LPG businesses, higher product prices, new customer acquisitions
Margins remained broadly intact despite elevated LPG prices

Net Debt/Equity: Not Specified
Reserves: Not Specified
Current Assets/Liabilities: Not Specified
Working Capital/Leverage Metrics: Not Specified
Financial Health Insights: Operations continue to generate strong and growing cash flows

Capital Expenditure: Type 4 high-pressure cylinder manufacturing unit in Butibori completed with machinery installed
Free Cash Flow: Not Specified
Operating Cash Flow: Improved sharply in FY26 to about ₹400 crores (from ₹10-15 crores in FY25)
Net Debt Movement: Not Specified
Investment Rationale: Focus on backward integration, establishing small storage terminals at different coastal areas

Asset-light Dispensing Station (ALDS) model with 315+ Auto LPG stations
New ALDS station estimated payback period of less than 18 months
Targeting 500 Auto LPG stations (75 by 2026-2027, 100 by 2027-2028)
CNG network expansion: 50+ stations operational, planning additional 50 stations in Bengaluru
In discussions with other CGD players for Mumbai, Hyderabad, Indore
Gin Kar Lo, Gin Kar Do initiative for packed LPG segment (pay-for-actual-consumption approach)
Established 100% subsidiary in Dubai for ease of LPG import business

India is world's third-largest LPG consumer with market currently estimated at 35.04 million metric tons
Projected to reach 40-42 million metric tons by FY2030, potentially becoming world's largest LPG consumer
OMC sales account for approximately 94% of cumulative LPG sales, private marketers contribute 6%
Recent geopolitical disruptions in West Asia significantly impacted global LPG trade
India particularly affected due to high dependence on imported LPG

Expects positive momentum to continue in coming quarters
Targeting 10-15% quarter-on-quarter growth in revenue and PAT
Strategy focused on four priorities: expanding distribution network, improving asset utilization, deepening customer relationships, pursuing backward integration
Volume growth expected to be sustainable with fixed customer base
Margins expected to increase as prices normalize and volumes grow
Type 4 high-pressure cylinder manufacturing plant to become operational in 1-2 months