Confidence Petroleum India Limited
|Target||Rs. 13.44 (12 month)|
Confidence Petroleum India Limited, a Confidence group company was started in 1993, BSE listed company by virtue of its entrepreneurial skills, innovative strategies and seamless execution, is emerging as one of the fastest growing and leading private sector organization in India. The group has diversified business interests in the fuel sector with significant presence in the LPG Energy. Company has 8 cylinder manufacturing plants, 55 bottling units and network across India. Confidence group enjoys the status of the largest cylinder manufacturer in Asia along with the largest private LPG (Liquefied Petroleum Gas) bottler and bottling assistance provider in India. Company is constantly fueling its growth and has emerged as India’s leading LPG bottler & LPG cylinder manufacturing company.
It has presence in LPG and allied business like cylinder manufacturing, bottling assistance to oil major PSU, CNG and Hi Pressure Cylinder manufacturing, Auto LPG dispensing stations, LPG cylinders maintenance, ethanol, crude distillation, LPG/CNG engineering services and logistics streams. It is commissioning, state of the art CNG & and Hi Pressure Cylinder manufacturing unit at SEZ Vizag in Andhra Pradesh.
Apart from India, Confidence group has rolled out production from its cylinder manufacturing and bottling plants in Indonesia. And it has strategic tie ups with companies in China and Israel for redistribution of products and services in LPG and Future fuel or gas segments.
The Group has also successfully set up around 90 ALDS of its own and 200 more will be set up in near future itself. The Group has also made its presence overseas & in the Middle East and has signed MOUs with reputed companies for joint venture. The Group’s prime clientele are Nation’s Navratna PSU Oil Companies viz. Hindustan Petroleum Corporation Limited, Bharat Petroleum Corporation Limited & Indian Oil Corporation Limited and a large number of private sector clientele, which include country’s giant industrial houses like Reliance, Shell etc.
Product and Services:
- Go Gas (Auto LPG Dispensing Stations) ALDS
- CNG/High Pressure Cylinder manufacturing
- LPG bottling services
- LPG Cylinder Manufacturing
- Go Gas Auto LPG Dispensing Stations
- LPG – Transport Logistics
- LPG/CNG Meters
- Auto Meter Reading Solutions (AMR)
Yearly (Rs. in cr.)