Confidence Petroleum India Limited

Confidence Petroleum India Limitedverified

CONFIPET.NS

Price:

$56.55

Market Cap:

$18.79B

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 ROE as of April 2025 (TTM) for Confidence Petroleum India Limited (CONFIPET.NS) is 6.25%

According to Confidence Petroleum India Limited’s latest financial reports and current stock price. The company's current ROE is 6.25%. This represents a change of 634.01% compared to the average of 0.85% of the last 4 quarters.

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

How has CONFIPET.NS ROE performed in the past?

The mean historical ROE of Confidence Petroleum India Limited over the last ten years is 7.21%. The current 6.25% ROE has changed -13.31% with respect to the historical average. Over the past ten years (40 quarters), CONFIPET.NS's ROE was at its highest in in the September 2021 quarter at 5.89%. The ROE was at its lowest in in the June 2020 quarter at -1.50%.

Quarterly (TTM)
Annual

Average

7.21%

Median

9.53%

Minimum

-10.78%

Maximum

17.04%

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

Discovering the peaks and valleys of Confidence Petroleum India Limited ROE, 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 = 456.62%

Maximum Annual ROE = 17.04%

Minimum Annual Increase = -1293.29%

Minimum Annual ROE = -10.78%

Quarterly (TTM)
Annual
YearROEChange
20248.58%-14.52%
202310.04%-20.50%
202212.62%40.01%
20219.02%-23.00%
202011.71%-31.30%
201917.04%60.79%
201810.60%282.59%
20172.77%456.62%
20160.50%-104.62%
2015-10.78%-1293.29%

Confidence Petroleum India Limited (CONFIPET.NS) Average ROE

How has CONFIPET.NS ROE performed in the past?

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

3-year avg

10.41%

5-year avg

10.39%

10-year avg

7.21%

Confidence Petroleum India Limited (CONFIPET.NS) ROE vs. Peers

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

Confidence Petroleum India Limited’s ROE is less than Hindustan Oil Exploration Company Limited (14.29%), less than Time Technoplast Limited (14.43%), less than Filatex India Limited (10.67%), less than Bhansali Engineering Polymers Limited (19.50%), less than Apcotex Industries Limited (10.10%),

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