Integrated Filing — IndAS



General information about company
Scrip Code 526829
NSE Symbol CONFIPET
MSEI Symbol NOTLISTED
ISIN INE552D01024
Name of company CONFIDENCE PETROLEUM INDIA LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 29-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 26-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-May-2025   16:00:00
End date and time of board meeting 29-May-2025   18:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 9248100000 31457600000
Other income 69200000 424100000
Total income 9317300000 31881700000
2 Expenses
(a) Cost of materials consumed 738000000 2795000000
(b) Purchases of stock-in-trade 6891200000 22387000000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -245900000 -410400000
(d) Employee benefit expense 115200000 478100000
(e) Finance costs 207500000 786400000
(f) Depreciation, depletion and amortisation expense 433100000 1747800000
(f) Other Expenses
1 Other Expenses 844500000 2964500000
Total other expenses 844500000 2964500000
Total expenses 8983600000 30748400000
3 Total profit before exceptional items and tax 333700000 1133300000
4 Exceptional items 0 0
5 Total profit before tax 333700000 1133300000
6 Tax expense
7 Current tax 70300000 331600000
8 Deferred tax -5000000 -73100000
9 Total tax expenses 65300000 258500000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 268400000 874800000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 4800000 33600000
16 Total profit (loss) for period 273200000 908400000
17 Other comprehensive income net of taxes 3900000 3900000
18 Total Comprehensive Income for the period 277100000 912300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 228000000 862300000
Total profit or loss, attributable to non-controlling interests 45100000 46200000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 3900000 3900000
Total comprehensive income for the period attributable to owners of parent non-controlling interests 246800000 912400000
21 Details of equity share capital
Paid-up equity share capital 332200000 332200000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 144800000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.69 2.62
Diluted earnings (loss) per share from continuing operations 0.69 2.6
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.69 2.62
Diluted earnings (loss) per share from continuing and discontinued operations 0.69 2.6
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 7193600000
Capital work-in-progress 825800000
Investment property 0
Goodwill 1076700000
Other intangible assets 2212200000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 72300000
Non-current financial assets
Non-current investments 0
Trade receivables, non-current 0
Loans, non-current 446200000
Other non-current financial assets 513300000
Total non-current financial assets 959500000
Deferred tax assets (net) 17700000
Other non-current assets 107200000
Total non-current assets 12465000000
2 Current assets
Inventories 2488100000
Current financial asset
Current investments 0
Trade receivables, current 3145100000
Cash and cash equivalents 1472500000
Bank balance other than cash and cash equivalents 103000000
Loans, current 935900000
Other current financial assets 2097200000
Total current financial assets 7753700000
Current tax assets (net) 0
Other current assets 2813300000
Total current assets 13055100000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 25520100000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 332200000
Other equity 12950700000
Total equity attributable to owners of parent 13282900000
Non controlling interest 1200400000
Total equity 14483300000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2173900000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 2017500000
Total non-current financial liabilities 4191400000
Provisions, non-current 13000000
Deferred tax liabilities (net) 60300000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 4264700000
Current liabilities
Current financial liabilities
Borrowings, current 3124900000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 981400000
Total Trade payable 981400000
Other current financial liabilities 2276900000
Total current financial liabilities 6383200000
Other current liabilities 151500000
Provisions, current 74900000
Current tax liabilities (Net) 162500000
Deferred government grants, Current 0
Total current liabilities 6772100000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 11036800000
Total equity and liabilites 25520100000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 - Cylinder Division 543100000 3634500000
2 - LPG Division 8705000000 27823100000
Total Segment Revenue 9248100000 31457600000
Less: Inter segment revenue
Revenue from operations 9248100000 31457600000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 - Cylinder Division 57900000 104300000
2 - LPG Division 19990800000 22282800000
Total Profit before tax 20048700000 22387100000
i. Finance cost 207500000 207500000
ii. Other Unallocable Expenditure net off Unallocable income 363900000 363900000
Profit before tax 19477300000 20277000000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 - Cylinder Division 2827300000 2827300000
2 - LPG Division 22692800000 22692800000
Total Segment Asset 25520100000 25520100000
Un-allocable Assets 0 0
Net Segment Asset 25520100000 25520100000
4 Segment Liabilities
Segment Liabilities
1 - Cylinder Division 1951400000 1951400000
2 - LPG Division 9085300000 9085300000
Total Segment Liabilities 11036700000 11036700000
Un-allocable Liabilities 0 0
Net Segment Liabilities 11036700000 11036700000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -3900000 -3900000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 3900000 3900000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1133300000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 0
Adjustments for decrease (increase) in inventories -461200000
Adjustments for decrease (increase) in trade receivables, current -1597100000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 143900000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current -43100000
Adjustments for other financial assets, current -1361400000
Adjustments for other bank balances 1276700000
Adjustments for increase (decrease) in trade payables, current 477000000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 31300000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 1747800000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current -118100000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -159100000
Adjustments for other financial liabilities, non-current 21900000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 0
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -41400000
Net cash flows from (used in) operations 1091900000
Dividends received 0
Interest paid 554800000
Interest received 402300000
Income taxes paid (refund) 288300000
Other inflows (outflows) of cash -554800000
Net cash flows from (used in) operating activities 96300000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses -243900000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment -2720000000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash -4311900000
Net cash flows from (used in) investing activities -1348000000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 701400000
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1038900000
Repayments of borrowings 0
Payments of lease liabilities -54900000
Dividends paid 0
Interest paid 554800000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 274900000
Net cash flows from (used in) financing activities 1515300000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 263600000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 263600000
Cash and cash equivalents cash flow statement at beginning of period 1208900000
Cash and cash equivalents cash flow statement at end of period 1472500000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Statement on impact of audit qualification
Auditor's opinion Qualified opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 L N J & Associates Yes 31-Aug-2025
2 Singhi & Co. Yes 30-Sep-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income 31457600000 31457600000
2 Total Expenditure 30748400000 30748400000
3 Net Profit/(Loss) 908400000 908400000
4 Earnings Per Share 2.62 2.62
5 Total Assets 28079000000 28079000000
6 Total Liabilities 14090600000 14090600000
7 Net Worth 13319900000 13319900000


Audit qualification
Sr. Details of Audit Qualification Type of Audit Qualification Frequency of qualification For Audit Qualification(s) where the impact is quantified by the auditor For Audit Qualification(s) where the impact is not quantified by the auditor
Management's Views (i) Management's estimation on the impact of audit qualification (ii) If management is unable to estimate the impact, reasons for the same Auditors' Comments on (i) or (ii) above
1 Textual Information(1) Qualified opinion Whether appeared first time Textual Information(2) Textual Information(3) Textual Information(4) Textual Information(5)
2 Textual Information(6) Qualified opinion Whether appeared first time Textual Information(7) Textual Information(8) Textual Information(9) Textual Information(10)


Text Block
Textual Information(1) 1.tAs explained in Note no. 4 of the results, there is a difference in value of Input tax credit of Goods and Services Tax (GST) as per the Books of accounts of the Company and the amount reflected in GST Network Portal. We are unable to ascertain the impact of the same on profit for the year and earlier period and its consequential impact on retained earnings and assets
Textual Information(2) Para 1 related to reconciliation of GST Balances: There is difference in the value of Input Tax Credit (Electronic Credit ledger and Electronic Cash Ledger) as per the Goods and Service Tax Network portal of Government of India and amount as reflected in books of accounts. The Company is in process to reconcile the differences and account for appropriate adjustments; however, the Company does not expect it to be material and there will not be any significant impact on the profit and loss account. nThe auditor is unable to ascertain the impact. n
Textual Information(3) Para 1 related to reconciliation of GST Balances: There is difference in the value of Input Tax Credit (Electronic Credit ledger and Electronic Cash Ledger) as per the Goods and Service Tax Network portal of Government of India and amount as reflected in books of accounts. The Company is in process to reconcile the differences and account for appropriate adjustments; however, the Company does not expect it to be material and there will not be any significant impact on the profit and loss account.
Textual Information(4) Para 1 related to reconciliation of GST Balances: There is difference in the value of Input Tax Credit (Electronic Credit ledger and Electronic Cash Ledger) as per the Goods and Service Tax Network portal of Government of India and amount as reflected in books of accounts. The Company is in process to reconcile the differences and account for appropriate adjustments; however, the Company does not expect it to be material and there will not be any significant impact on the profit and loss account. nThe auditor is unable to ascertain the impact. n
Textual Information(5) The auditor is unable to ascertain the impact. nRefer our independent auditors report. The impact needs to be ascertained and necessary correction should be incorporated in the financial results.
Textual Information(6) 2.tAs detailed in note no. 05 of the results related to non- recognition of additional provident fund liability on revised basic wages. This practice followed is not in compliance with ruling of Honourable Supreme Court dated 28th February 2019 wherein definition of wages was clarified to be inclusive of Other allowances. As the Company has not determined this liability from date of ruling up to 31st March 2025, we are unable to ascertain the impact of the same on profit for the year and earlier period and its consequential impact on retained earnings and liabilities. n. n
Textual Information(7) Para 2 related to supreme court ruling on provident fund: By virtue of Honble Supreme Court ruling dated 28th February 2019, basic wages will include other allowances also for the purpose of calculation of provident fund liability. As per managements assessment such liability is not required to be recognized since The Employees Provident Fund and Miscellaneous Provision Act 1952 Act is not amended updating the definition of wages. Also, the Company is in the process seeking legal opinion from an expert. nThe auditor is unable to ascertain the impact.
Textual Information(8) Para 2 related to supreme court ruling on provident fund: By virtue of Honble Supreme Court ruling dated 28th February 2019, basic wages will include other allowances also for the purpose of calculation of provident fund liability. As per managements assessment such liability is not required to be recognized since The Employees Provident Fund and Miscellaneous Provision Act 1952 Act is not amended updating the definition of wages. Also, the Company is in the process seeking legal opinion from an expert.
Textual Information(9) Para 2 related to supreme court ruling on provident fund: By virtue of Honble Supreme Court ruling dated 28th February 2019, basic wages will include other allowances also for the purpose of calculation of provident fund liability. As per managements assessment such liability is not required to be recognized since The Employees Provident Fund and Miscellaneous Provision Act 1952 Act is not amended updating the definition of wages. Also, the Company is in the process seeking legal opinion from an expert. nThe auditor is unable to ascertain the impact.
Textual Information(10) The auditor is unable to ascertain the impact. nRefer our independent auditors report. The impact needs to be ascertained and necessary correction should be incorporated in the financial results.


Signatories detail
Name of CEO / Managing director NITIN KHARA
Name of CFO ELESH KHARA
Name of audit committee chairman MANSI DEOGIRKAR
Name of statutory auditor Singhi & Co AND L N J & Associates
Name of other signatory, if any, with designation NA
Place NAGPUR
Date 29-May-2025