Confidence Petroleum India (NSE:CONFIPET) Construction In Progress: ₹277 Mil (As of Mar. 2026)

What is Confidence Petroleum India Construction In Progress?

Confidence Petroleum India NSE:CONFIPET -2.14% 85 Construction In Progress is ₹277 Mil as of Mar. 2026. GuruFocus rates NSE:CONFIPET with a GF Score™ of 85/100 and a GF Value™ of ₹125.68 (Significantly Undervalued). The stock has 8 warning signs investors should review.

Confidence Petroleum India's quarterly construction in progress declined from Sep. 2025 (₹806 Mil) to Dec. 2025 (₹0 Mil) but then increased from Dec. 2025 (₹0 Mil) to Mar. 2026 (₹277 Mil).

Confidence Petroleum India's annual construction in progress increased from Mar. 2024 (₹416 Mil) to Mar. 2025 (₹1,056 Mil) but then declined from Mar. 2025 (₹1,056 Mil) to Mar. 2026 (₹277 Mil).

Confidence Petroleum India Construction In Progress Historical Data

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The historical data trend for Confidence Petroleum India's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Confidence Petroleum India Construction In Progress Chart

Confidence Petroleum India Annual Data

Trend

Mar17

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Mar21

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Mar26

Construction In Progress

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626.20

491.40

415.60

1,056.40

276.80

Confidence Petroleum India Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Construction In Progress	Get a 7-Day Free Trial															1,056.40	0.00	806.00	0.00	276.80

85GF Score

Confidence Petroleum India Ltd NSE:CONFIPET

Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.

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Confidence Petroleum India Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Frequently Asked Questions Learn more about Construction In Progress →

What does a Construction In Progress of ₹277 Mil mean?

Confidence Petroleum India (NSE:CONFIPET) has a Construction In Progress of ₹277 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Confidence Petroleum India and its competitors.

Is Confidence Petroleum India's Construction In Progress too high?

Confidence Petroleum India's current Construction In Progress is ₹277 Mil. Overall, Confidence Petroleum India has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Confidence Petroleum India's Construction In Progress compare to VLO and MPC?

Confidence Petroleum India's Construction In Progress of ₹277 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Construction In Progress for an Oil & Gas company?

A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Construction In Progress mean?

A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Confidence Petroleum India and its competitors. Confidence Petroleum India's current Construction In Progress is ₹277 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Confidence Petroleum India stock overvalued right now?

Based on GuruFocus' analysis, Confidence Petroleum India (NSE:CONFIPET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹125.68, compared to a current price of ₹71.87 — trading 42.8% below its estimated fair value. The current Construction In Progress is ₹277 Mil. Confidence Petroleum India's overall GF Score™ is 85/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Construction In Progress calculated?

Construction In Progress is calculated from a company's financial statements. For Confidence Petroleum India (NSE:CONFIPET), the current Construction In Progress is ₹277 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Confidence Petroleum India (NSE:CONFIPET) Overvalued in 2026?

Based on GuruFocus' analysis, Confidence Petroleum India stock appears to be undervalued. The current stock price of ₹71.87 is trading 42.8% below its estimated GF Value™ of ₹125.68. GuruFocus considers Confidence Petroleum India to be Significantly Undervalued.

Key valuation signals for NSE:CONFIPET:

Construction In Progress: ₹277 Mil
GF Value™: ₹125.68 vs. price of ₹71.87 (42.8% below fair value)
GF Score™: 85/100 with 8 warning signs

No single metric tells the full story. See the NSE:CONFIPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Confidence Petroleum India Business Description

Industry Energy Oil & Gas

Comparable Companies BOM:524820 BOM:544029 NSE:NEPTUNE BOM:544545 BOM:532543 BOM:532435 BOM:544163 BOM:523232 NSE:ARABIAN BOM:524675 NSE:RELIANCE VLO MPC PSX XKAZ:KMGZ OHEL:NESTE TSE:5020 NSE:IOC TPE:6505 XKRX:096770

Other Exchanges 526829:India

Address Plot No. 79, Marol Industrial Estate, 701, Shivai Plaza Premises Chs Ltd, Near Mahalaxmi Hotel, Andheri (East), Mumbai, MH, IND, 400059

Website https://www.confidencegroup.co

Confidence Petroleum India Ltd is an Indian manufacturer of LPG (liquefied petroleum gas) Cylinders. The company provides CNG (Compressed Natural Gas) and high-pressure cylinders, LPG cylinders, LPG bottling services, and others. Its segments are the Cylinder Division and LPG Division, of which key revenue is derived from the LPG Division which involves LPG marketing and bottling business and other related activities.

85GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹71.87

Price

₹125.68

GF Value

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