Indian Energy Strong Balance Sheet Stocks

Kabsons Industries

Market Cap: ₹359.2m

Engages in the bottling and sale of liquefied petroleum gas under the KABSONS brand in India.

Alphageo (India)

Market Cap: ₹1.6b

Engages in the provision of geophysical seismic data acquisition, processing, and interpretation services for exploration of hydrocarbons and minerals in India.

Likhitha Infrastructure

Market Cap: ₹9.2b

Engages in laying, erection, testing, and commissioning of oil and gas pipelines in India.

Great Eastern Shipping

Market Cap: ₹142.5b

Through its subsidiaries, engages in the shipping and offshore businesses in India and internationally.

Reliance Industrial Infrastructure

Market Cap: ₹13.2b

Engages in the infrastructure and support services activities in India.

Petronet LNG

Market Cap: ₹411.8b

Engages in the import, storage, regasification, and supply of liquefied natural gas (LNG) in India.

Gujarat Natural Resources

Market Cap: ₹9.7b

Engages in the exploration of oil and natural gas in India.

ResGen

Market Cap: ₹1.8b

Engages in the manufacture and sale of pyrolysis oil and carbon from plastic waste and plastic scrap in India.

Reliance Industries

Market Cap: ₹18.5t

Engages in the hydrocarbon exploration and production, oil and chemicals, retail, and digital service businesses worldwide.

Gagan Gases

Market Cap: ₹110.4m

Engages in the bottling and selling of LPG for commercial and industrial use in the private sector in India.

Coal India

Market Cap: ₹2.6t

Produces and sells coal and coal products in India.

GP Petroleums

Market Cap: ₹2.1b

GP Petroleums Limited formulates, manufactures, and markets industrial and automotive lubricants, rubber process oils, transformer oils, greases, and other specialties in India.

Deep Industries

Market Cap: ₹32.5b

Provides oil and gas field and related support services in India.

Rajasthan Gases

Market Cap: ₹4.3b

Operates as a natural gas business in India.

United Drilling Tools

Market Cap: ₹4.0b

Together with its subsidiary, manufactures and sells OD connectors and casing pipes, wireline winches, gas lift equipments, and downhole tools under the UDT brand in India and internationally.

Gujarat Mineral Development

Market Cap: ₹197.4b

Engages in mining and mineral processing business in India.

Seamec

Market Cap: ₹23.2b

Provides offshore oilfield and diving support vessel services in India and internationally.

Chennai Petroleum

Market Cap: ₹112.6b

Produces and supplies petroleum products in India.

Rajputana Biodiesel

Market Cap: ₹2.0b

Engages in the manufacture and supply of bio-fuels and its by–products in India.

Neptune Petrochemicals

Market Cap: ₹3.9b

Manufactures, sells, and trades in bitumen-related products in India, Nepal, Bhutan, and Bangladesh.

Kotyark Industries

Market Cap: ₹3.1b

Engages in the manufacture and sale of biodiesel and other by products in India.

Global Offshore Services

Market Cap: ₹2.6b

Engages in the owning, operation, and charter of offshore support vessels in India.

Sanmit Infra

Market Cap: ₹1.5b

Engages in the trading of petroleum in India.

Oil Country Tubular

Market Cap: ₹3.9b

Manufactures and sells casing, tubing, and drill pipes used in the oil and gas drilling and exploration sector in India and internationally.

Jindal Drilling & Industries

Market Cap: ₹17.2b

Engages in providing drilling and related services to the oil and gas exploration companies in India.

Hindustan Oil Exploration

Market Cap: ₹22.9b

Engages in the exploration, development, and production of onshore and offshore crude oil and natural gas in India.

Indian Oil

Market Cap: ₹2.1t

Engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally.

Pratham EPC Projects

Market Cap: ₹2.5b

Provides integrated engineering, procurement, construction solutions in India.

Shaival Reality

Market Cap: ₹353.0m

Engages in the construction business in India.

Shubhshree Biofuels Energy

Market Cap: ₹2.3b

Engages in the manufacturing and trading of biomass pellets, briquettes, coal, and wood chips products in India.

Duke Offshore

Market Cap: ₹145.3m

Engages in offshore business in India.

Bharat Petroleum

Market Cap: ₹1.5t

Engages in refining crude oil and marketing petroleum products in India and internationally.

Revathi Equipment India

Market Cap: ₹3.2b

Engages in manufacturing and marketing of drill equipment in India and internationally.

Aakash Exploration Services

Market Cap: ₹969.0m

Provides oil and gas field services in India.

Asian Energy Services

Market Cap: ₹15.0b

Provides services to the energy, mineral, coal, and power sectors primarily in India.

Repono

Market Cap: ₹854.7m

Provides operations and maintenance, consultancy, design and engineering, transportation, and specialized warehousing services in India and internationally.