LPG Bottling Stocks in India
LPG Bottling: Confidence Petroleum India Ltd owns the largest revenue base AND the fastest current growth.
Nifty LPG Bottling Index — Constituents & Performance
All 2 listed Indian LPG Bottling companies are named here, largest first — the same constituent set people search for as the Nifty LPG Bottling index. Every figure on this page is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
- Confidence Petroleum India Ltd₹2.4K Cr
- IRM Energy Ltd₹1.2K Cr
Is LPG Bottling outperforming NIFTY 500?
LPG Bottling has outperformed NIFTY 500 by 36.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 6.7%. 2 of 2 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Confidence Petroleum India Ltd is the strongest against the sector itself at +12.2%. Readings are as of 2026-08-09.
Sector metric: 45.6 as of 2026-08-09 · NARROWING · rising.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
LPG Bottling has outperformed NIFTY 500 by 36.1% over 52 weeks and 6.7% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. Confidence Petroleum India Ltd leads with revenue of ₹6,002 crore, based on 2 of 2 comparable companies through Jun 2026.
Best LPG Bottling Stocks in India (Aug 2026), Ranked by Data
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Top 10 LPG Bottling Stocks in India
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1IRM Energy LtdIRMENERGY | 57.2/100Mixed-positive evidence84% evidence | FADING | 26.5/35 Revenue 11.6% · PAT 85% · OPM change 9 pp 95% evidence | 10.4/25 ROCE 8.6% · OPM 19% 95% evidence | 13.5/20 P/E 16.5× · PEG — 35% evidence | 6.8/20 RS sector -20.5% · RS bench 5.3% · 1Y 3.8%8 of 12 weeks ahead 100% evidence |
| Exact sum: 26.5 + 10.4 + 13.5 + 6.8 = 57.2 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -20.5% and the one-year return is 3.8%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 2Confidence Petroleum India LtdCONFIPET | 52.6/100Mixed-positive evidence97% evidence | LEADER | 24.8/35 Revenue 72.5% · PAT 45.3% · OPM change -1 pp 100% evidence | 5.3/25 ROCE 9.2% · OPM 6% 100% evidence | 4.6/20 P/E 17.8× · PEG 3.34 85% evidence | 17.9/20 RS sector 12.2% · RS bench 42.2% · 1Y 47.2%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.8 + 5.3 + 4.6 + 17.9 = 52.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
Market action
Confidence Petroleum India Ltd has the strongest one-year price move in LPG Bottling at +47.2%. It also leads on Mansfield relative strength against NIFTY at +42.2%. 2 of 2 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against LPG Bottling itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
LPG Bottling — the story behind the numbers
This is the written read behind the LPG Bottling figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 18 Apr 2026, so the words are older than the numbers. 4 themes are live here, 2 of them rated high severity.
The sector is caught between aggressive infrastructure-led growth and severe sourcing headwinds. While the shift toward CNG provides a margin cushion, the reduction in domestic gas allocation and geopolitical supply risks necessitate a cautious outlook on near-term profitability.
The LPG and City Gas Distribution (CGD) sector is navigating a period of high top-line volatility and structural sourcing shifts. While Confidence Petroleum (CONFIPET) delivered a staggering 99.91% YoY revenue growth, reaching ₹1,393.88 Cr, IRM Energy (IRMENERGY) saw a more modest 6% growth.
How old this read is: STALE — this read comes from our LPG Bottling sector brief dated 18 Apr 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.
What is live in this sector right now
| Live theme | Severity | Evidence on file |
|---|---|---|
| West Asia conflict impacting LPG supply and logistics through the Strait of Hormuz.Named for CONFIPET | high | “West Asia conflict impacting LPG supply and logistics through the Strait of Hormuz, causing cost escalation.” Prioritizing domestic supply and exploring alternative sourcing via a Dubai subsidiary. |
| Reduction in APM gas allocation to 37% and ongoing GST/Income Tax investigations.Named for CONFIPET, IRMENERGY | high | “government's APM allocation has reduced substantially... Currently, this has reduced substantially to around 37%.” Contesting tax notices and entering long-term Brent-linked gas contracts. |
| Industrial customers switching from natural gas to coal due to price differentials.Named for IRMENERGY | medium | “natural gas primarily in the steel segment has surrendered our connections, and they have switched back to coal.” Monitoring NGT proceedings to mandate cleaner fuel usage. |
| Export restrictions by High Court and auditor remarks regarding JV investments.Named for CONFIPET, IRMENERGY | low | “whatever the corporate guarantee and other advances we have given, that is coming under the radar of the auditors.” Converting receivables to inter-corporate loans and contesting court restrictions. |
Sources: our LPG Bottling sector brief, 18 Apr 2026 · company earnings-call transcripts.
Revenue Scale & Growth Durability
Confidence Petroleum India Ltd has the highest Revenue among the 2 LPG Bottling companies compared here, at ₹6,002 crore. IRM Energy Ltd is next at ₹1,130 crore. The same company also holds the highest Revenue growth, at 72.5%. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Confidence Petroleum India Ltd is the scale leader at ₹6,002 crore, 431.2% ahead of IRM Energy Ltd. Confidence Petroleum India Ltd's growth is 72.5% from a ₹6,002 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
Investor read: Confidence Petroleum India Ltd is the scale benchmark; Confidence Petroleum India Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Confidence Petroleum India Ltd's growth falls below Confidence Petroleum India Ltd's for two consecutive comparable reports while operating margin also compresses.
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Confidence Petroleum India Ltd CONFIPET | ₹2.4K Cr | 117% | Jun 2026 |
| IRM Energy Ltd IRMENERGY⚠ unverified | ₹326 Cr | 24% | Jun 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
IRM Energy Ltd · IRMENERGY⚠ unverified
Revenue growth · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Operating Economics & Margin Trend
IRM Energy Ltd has the highest OPM among the 2 LPG Bottling companies compared here, at 19%. Confidence Petroleum India Ltd is next at 6%. The same company also holds the highest Margin change, at +9 percentage points. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: IRM Energy Ltd leads both opm at 19% and margin change at +9 percentage points.
Investor read: IRM Energy Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| IRM Energy Ltd IRMENERGY⚠ unverified | 19% | +9.0 pp | Jun 2026 |
| Confidence Petroleum India Ltd CONFIPET | 6.0% | −1.0 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Margin change · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Profit Scale & Acceleration
Confidence Petroleum India Ltd has the highest Net profit among the 2 LPG Bottling companies compared here, at ₹138 crore. IRM Energy Ltd is next at ₹74 crore. IRM Energy Ltd has the highest Profit growth at 85%, so level and change sit with different companies. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Confidence Petroleum India Ltd leads with ₹138 crore of TTM profit, 86.5% above IRM Energy Ltd. IRM Energy Ltd shows 85% growth from a ₹74 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
Investor read: Confidence Petroleum India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Confidence Petroleum India Ltd CONFIPET | ₹63 Cr | 215% | Jun 2026 |
| IRM Energy Ltd IRMENERGY⚠ unverified | ₹34 Cr | 143% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Profit growth · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Return On Capital Employed
Confidence Petroleum India Ltd has the highest ROCE among the 2 LPG Bottling companies compared here, at 9.2%. IRM Energy Ltd is next at 8.6%. The same company also holds the highest ROCE change, at +0.4 percentage points. 2 of 2 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Confidence Petroleum India Ltd leads ROCE at 9.2%, 0.6 percentage points above IRM Energy Ltd. Confidence Petroleum India Ltd has the strongest latest improvement at +0.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
Investor read: Confidence Petroleum India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Confidence Petroleum India Ltd CONFIPET | 8.4% | +0.4 pp | Jun 2026 |
| IRM Energy Ltd IRMENERGY⚠ unverified | 6.1% | 0.0 pp | Jun 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
ROCE change · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
Valuation Against Growth & Quality
Confidence Petroleum India Ltd has the lowest PEG among the 2 LPG Bottling companies compared here, at 3.34×. IRM Energy Ltd has the lowest P/E at 16.5×, so level and change sit with different companies. 1 of 2 companies report a comparable reading, the latest through Jun 2026. Its PEG series carries 9 reported observations across the 20-quarter window.
What the numbers say: Confidence Petroleum India Ltd has the lowest comparable PEG at 3.34×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Confidence Petroleum India Ltd CONFIPET | 3.3 | 25.7 | Jun 2026 |
| IRM Energy Ltd IRMENERGY⚠ unverified | — | 20.5 | Jun 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
P/E · reported quarter history
Confidence Petroleum India Ltd · CONFIPET
IRM Energy Ltd · IRMENERGY⚠ unverified
What can make this comparison misleading?
This LPG Bottling comparison names 6 specific ways its own evidence can mislead, all listed below. All 2 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. 1 of the 5 ranked sections has fewer than three usable current readings.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Valuation have fewer than three usable current readings.
How was this comparison built?
This comparison is built from the reported filings of 2 LPG Bottling companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-08-14. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
LPG Bottling company comparison FAQs
These 23 answers restate the LPG Bottling comparison above in question form. Every one is computed from the same 2 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-08-14. Nothing here is estimated, and none of it is a recommendation.
Is the LPG Bottling sector outperforming NIFTY 500?
LPG Bottling has outperformed NIFTY 500 by 36.1% over 52 weeks and 6.7% over 13 weeks. 2 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.
Which LPG Bottling company is largest by revenue?
Confidence Petroleum India Ltd leads with revenue of ₹6,002 crore, based on 2 of 2 comparable companies through Jun 2026.
Which LPG Bottling company is growing fastest?
Confidence Petroleum India Ltd has the fastest current revenue growth at 72.5%, across 2 of 2 comparable companies.
Which LPG Bottling company has the strongest 4-Factor Sector Score?
IRM Energy Ltd ranks first at 57.2/100 with 84% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which LPG Bottling company has the lowest comparable PEG?
Confidence Petroleum India Ltd has the lowest comparable PEG at 3.34, among 1 of 2 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this LPG Bottling comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Is there a Nifty LPG Bottling index?
NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers LPG Bottling, this page builds its own equal-weight basket of 2 listed LPG Bottling companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.
Which are the best LPG Bottling stocks in India?
Ranked by this page's four-factor score, IRM Energy Ltd places first among 2 listed LPG Bottling companies, followed by Confidence Petroleum India Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many LPG Bottling stocks are listed in India?
This comparison covers 2 listed LPG Bottling companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which LPG Bottling company is the biggest?
Confidence Petroleum India Ltd is the largest, with trailing-twelve-month revenue of ₹6,002 crore, ahead of IRM Energy Ltd at ₹1,130 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026.
Which LPG Bottling company has the best profit margins?
IRM Energy Ltd has the highest operating margin at 19%, from 2 of 2 comparable companies. IRM Energy Ltd shows the biggest recent improvement, at +9 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which LPG Bottling company makes the most profit?
Confidence Petroleum India Ltd earns the most, at ₹138 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. IRM Energy Ltd has the fastest profit growth at 85%, though growth off a small or recovering profit base overstates how much has actually changed.
Which LPG Bottling company earns the highest return on capital?
Confidence Petroleum India Ltd leads on return on capital employed at 9.2%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which LPG Bottling stock is the cheapest?
On PEG — where a LOWER number is cheaper — Confidence Petroleum India Ltd screens cheapest at 3.34×. Only 1 of 2 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the LPG Bottling sector beating the market?
LPG Bottling has outperformed NIFTY 500 by 36.1% over the last 52 weeks and 6.7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which LPG Bottling stock has the strongest price momentum?
Confidence Petroleum India Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which LPG Bottling company scores highest for research priority?
IRM Energy Ltd scores 57.2 out of 100 with 84% evidence confidence, from 26.5 points on growth and earnings, 10.4 on capital efficiency, 13.5 on valuation and 6.8 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many LPG Bottling companies does this comparison cover, and over what period?
It compares 2 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the LPG Bottling sector?
The 2 LPG Bottling companies on this page carry ₹3,600 crore of combined market value. Confidence Petroleum India Ltd is the largest at ₹2,392 crore, about 66% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.
How is the LPG Bottling sector performing?
2 of the 2 covered LPG Bottling companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 36.1% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.