Confidence Petroleum India Limited

Confidence Petroleum India Limitedverified

CONFIPET.NS

Price:

$33.5

Market Cap:

$11.13B

Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through two segments, Cylinder Division and LPG Division. The company offers CNG and packed cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers under the GoGas, and retail customer under the GoGas Elite brand names. Confidence Petroleum India Limited was founded in 1993 and is based in Nagpur, India.

Industry

Oil & Gas Refining & Marketing

IPO Date

2020-10-23

Stock Exchange

NSE

Ticker

CONFIPET.NS

The Current Ratio as of December 2025 (TTM) for Confidence Petroleum India Limited (CONFIPET.NS) is 2.29

According to Confidence Petroleum India Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.29. This represents a change of 117.04% compared to the average of 1.05 of the last 4 quarters.

Confidence Petroleum India Limited (CONFIPET.NS) Historical Current Ratio (quarterly & annually)

How has CONFIPET.NS Current Ratio performed in the past?

The mean historical Current Ratio of Confidence Petroleum India Limited over the last ten years is 2.44. The current 2.29 Current Ratio has changed 9.26% with respect to the historical average. Over the past ten years (40 quarters), CONFIPET.NS's Current Ratio was at its highest in in the September 2020 quarter at 4.79. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

2.44

Median

1.97

Minimum

1.61

Maximum

3.92

Confidence Petroleum India Limited (CONFIPET.NS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Confidence Petroleum India Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 83.32%

Maximum Annual Current Ratio = 3.92

Minimum Annual Increase = -47.21%

Minimum Annual Current Ratio = 1.61

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.93-4.09%
20242.0110.06%
20231.83-47.21%
20223.46-11.83%
20213.9224.59%
20203.156.58%
20192.9683.32%
20181.61-9.23%
20171.78-0.34%
20161.782.22%

Confidence Petroleum India Limited (CONFIPET.NS) Average Current Ratio

How has CONFIPET.NS Current Ratio performed in the past?

The current Current Ratio of Confidence Petroleum India Limited (CONFIPET.NS) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.92

5-year avg

2.63

10-year avg

2.44

Confidence Petroleum India Limited (CONFIPET.NS) Current Ratio vs. Peers

How is CONFIPET.NS’s Current Ratio compared to its peers?

Confidence Petroleum India Limited’s Current Ratio is less than Gandhar Oil Refinery (India) Limited (2.48), less than Gandhar Oil Refinery (India) Limited (2.48), greater than Panama Petrochem Limited (0), greater than Panama Petrochem Limited (0), greater than Asian Energy Services Limited (0), greater than Asian Energy Services Limited (0), less than Ujaas Energy Limited (2.59), greater than Jindal Drilling & Industries Limited (1.47), greater than Jindal Drilling & Industries Limited (1.47), less than Likhitha Infrastructure Limited (8.14),

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