Header cover image

Indian (NIFTY) Energy Services Industry Analysis

UpdatedAug 26, 2026
DataAggregated Company Financials
Companies16
  • 7D-2.9%
  • 3M16.6%
  • 1Y24.3%
  • YTD31.0%

The Energy Services industry is up 3.5% in the last week, with Seamec up 4.8%. Meanwhile, Deep Industries actually underperformed within the industry, shrinking 9.5% in the last week. This means that the industry has gained 26% over the past year. Looking forward, earnings are forecast to grow by 34% annually.

Industry Valuation and Performance

Has the Indian Energy Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 26 Aug 2026₹174.1b₹56.1b₹8.0b23.8x21.7x3.1x
Fri, 24 Jul 2026₹144.2b₹52.2b₹7.8b23.2x18.5x2.8x
Sun, 21 Jun 2026₹142.7b₹51.5b₹7.7b22.6x18.5x2.8x
Tue, 19 May 2026₹141.7b₹49.4b₹7.4b22.2x19.1x2.9x
Thu, 16 Apr 2026₹141.3b₹47.6b₹5.3b22.3x26.7x3x
Sat, 14 Mar 2026₹117.0b₹47.6b₹5.3b18.8x22.1x2.5x
Mon, 09 Feb 2026₹123.2b₹46.3b₹5.5b23.2x22.3x2.7x
Wed, 07 Jan 2026₹127.3b₹44.0b₹5.3b26.6x24.1x2.9x
Fri, 05 Dec 2025₹120.6b₹44.0b₹5.3b26x22.9x2.7x
Sun, 02 Nov 2025₹129.2b₹42.5b₹4.6b22.9x28.4x3x
Tue, 30 Sep 2025₹129.2b₹41.3b₹4.5b27.8x28.7x3.1x
Thu, 28 Aug 2025₹137.3b₹41.4b₹4.5b20.9x30.2x3.3x
Sat, 26 Jul 2025₹132.4b₹45.2b₹3.9b21.7x33.6x2.9x
Mon, 23 Jun 2025₹129.1b₹44.9b₹3.9b24.1x33.1x2.9x
Wed, 21 May 2025₹126.1b₹39.6b₹3.8b21.9x33.2x3.2x
Fri, 18 Apr 2025₹136.6b₹37.7b₹6.0b22x22.9x3.6x
Sun, 16 Mar 2025₹128.8b₹37.7b₹6.0b22.1x21.6x3.4x
Tue, 11 Feb 2025₹149.5b₹44.2b₹6.8b20.1x21.9x3.4x
Thu, 09 Jan 2025₹174.2b₹42.3b₹5.8b24x29.8x4.1x
Sat, 07 Dec 2024₹182.3b₹42.6b₹5.8b25.2x31.2x4.3x
Mon, 04 Nov 2024₹177.3b₹35.3b₹5.5b29x32.3x5x
Wed, 02 Oct 2024₹172.5b₹34.5b₹5.2b31.5x33.2x5x
Fri, 30 Aug 2024₹173.6b₹32.4b₹4.8b29.9x36.3x5.4x
Sun, 28 Jul 2024₹162.6b₹35.0b₹3.8b42.9x42.2x4.7x
Tue, 25 Jun 2024₹156.9b₹35.0b₹3.8b41x40.7x4.5x
Thu, 23 May 2024₹154.7b₹29.0b₹8.1b46.1x19x5.3x
Sat, 20 Apr 2024₹128.1b₹25.7b₹8.9b30.6x14.4x5x
Mon, 18 Mar 2024₹111.8b₹25.2b₹8.8b26.1x12.7x4.4x
Wed, 14 Feb 2024₹115.4b₹29.1b₹9.5b28.4x12.2x4x
Fri, 12 Jan 2024₹117.4b₹26.7b₹6.2b28.5x19x4.4x
Sun, 10 Dec 2023₹108.4b₹26.7b₹6.2b32.3x17.6x4.1x
Tue, 07 Nov 2023₹89.8b₹22.1b₹7.7b21x11.6x4.1x
Thu, 05 Oct 2023₹87.3b₹21.7b₹7.7b21.6x11.4x4x
Sat, 02 Sep 2023₹79.8b₹21.7b₹7.7b17.4x10.4x3.7x
Price to Earnings Ratio

10.4x


Total Market Cap: ₹79.8bTotal Earnings: ₹7.7bTotal Revenue: ₹21.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Energy Services Industry Price to Earnings3Y Average 24.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Energy Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 22.1x which is lower than its 3-year average PE of 24.6x.
  • The 3-year average PS ratio of 3.7x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
  • The earnings for companies in the Energy Services industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 37% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Indian Energy industry?

IN Market0.48%
Energy-0.43%
Energy Services-2.90%
Oil and Gas Services-2.61%
Oil and Gas Drilling-5.31%
Industry PE
  • Investors are most optimistic about the Oil and Gas Services industry even though it's trading below its 3-year average PE ratio of 33.2x.
    • Analysts are expecting annual earnings growth of 33.6%, which is lower than the prior year's growth of 45.2% per year.
  • Investors are most pessimistic about the Oil and Gas Drilling industry, which is trading below its 3-year average of 18.3x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Services industry, expecting annual earnings growth of 34% over the next 5 years.
  • However this is lower than its past earnings growth rate of 45% per year.
  • In contrast, the Oil and Gas Services industry is expected to see its earnings grow by 34% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
526807 Seamec₹1.66k1.5%
+₹642.0m
79.3%PE16.4x
LIKHITHA Likhitha Infrastructure₹210.891.6%
+₹134.5m
-15.4%PE25.5x
530355 Asian Energy Services₹478.600.4%
+₹84.3m
29.8%PE36.9x
531471 Duke Offshore₹54.4810.3%
+₹50.3m
206.4%PB12.8x
OILCOUNTUB Oil Country Tubular₹59.691.2%
+₹37.4m
-28.1%PS4.9x

Latest News