What we do Confidence Futuristic Energetech Ltd manufactures and sells LPG and CNG cylinders, including advanced Type-4 cylinders, serving domestic, commercial, and industrial fuel markets. |
Founded in 1,985 |
Market share Notable player in India's LPG and CNG cylinder manufacturing with competitive pricing and expanding footprint. |
Problem solved Provides affordable, safe fuel storage solutions promoting cleaner energy transitions in households and industries. |
Top clients or who we serve Serves domestic, commercial customers, and industrial sectors focusing on clean fuel alternatives; mainly B2C and B2B. |
Key management - |
Our journey and innovations Started as Globe Industrial Resource Ltd in 1985, rebranded in 2017; expanded through acquisitions and new Type-4 cylinder tech. |
Where we operate Operations primarily in India with manufacturing units in Gujarat and Maharashtra; expanding green hydrogen initiatives. |
Top products or what we offer LPG cylinders (GO GAS ELITE), CNG and high-pressure cylinders, medical oxygen cylinders, and cascades. |
Top brands GO GAS ELITE LPG cylinders - competitive pricing; Type-4 CNG cylinders - latest technology, expanding market. |
Raw materials needed Steel, composite materials for cylinder manufacturing; high-grade metals for seamless high-pressure cylinders. |
Raw materials supplier Specific suppliers not disclosed; industry standard suppliers for metals and composites used. |
Recurring vs cyclical contribution Revenue driven by sales of cylinders and fuel supply; balanced between recurring refills and manufacturing cycles. |
Our industry position Growing presence in LPG and CNG segments with recent expansion into green hydrogen storage technologies. |
Financial highlights Consolidated revenue Rs. 249.38 crores in 2024-25; PAT Rs. 10.36 crores; steady growth in both standalone and consolidated figures. |
Geographical revenue split Predominantly Indian market with manufacturing and sales focused in Gujarat, Maharashtra, and Karnataka regions. |
Order book - |
Whats driving growth Expansion into green hydrogen and Type-4 cylinder manufacturing; growing demand for clean fuel solutions and CNG adoption. |
Our future plans Investing in advanced manufacturing units, adding CNG dispensing stations, and expanding green hydrogen infrastructure. |
Our green promise Focus on environmental stewardship via cleaner fuel technologies and green hydrogen initiatives. |
Our people and values Fosters merit-based, transparent culture prioritizing safety, innovation, and customer focus with strong employee engagement. |
Key challenges ahead Managing scale-up of new technologies, regulatory compliance, competitive pricing pressures, and raw material availability. |
Interesting facts Operates 34 CNG dispensing stations in Bengaluru and has multiple wholly-owned subsidiaries for focused growth areas. |
Risks and strategy Risks include market competition and regulatory shifts; mitigated through strategic acquisitions, innovation, and risk management. |
