Does Aakash Exploration Services (NSE:AAKASH) Have A Healthy Balance Sheet?
Aug 29
Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedSep 28, 2023
DataAggregated Company Financials
Companies12
- 7D0.7%
- 3M19.7%
- 1Y11.5%
- YTD15.3%
Over the last 7 days, the Oil and Gas Services industry has remained flat, although notably Likhitha Infrastructure gained 7.1%. As for the the longer term, the industry is up 12% over the past 12 months.
Industry Valuation and Performance
Has the Indian Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Sep 2023 | ₹67.6b | ₹17.0b | ₹6.9b | 18.7x | 9.8x | 4x |
| Sat, 26 Aug 2023 | ₹63.0b | ₹17.0b | ₹6.9b | 14.9x | 9.1x | 3.7x |
| Mon, 24 Jul 2023 | ₹63.6b | ₹20.3b | ₹6.1b | 13.5x | 10.5x | 3.1x |
| Wed, 21 Jun 2023 | ₹56.1b | ₹21.3b | ₹6.2b | 13.4x | 9.1x | 2.6x |
| Fri, 19 May 2023 | ₹53.8b | ₹15.4b | ₹2.0b | 18.7x | 27.6x | 3.5x |
| Sun, 16 Apr 2023 | ₹51.2b | ₹15.4b | ₹2.0b | 17.4x | 26.2x | 3.3x |
| Tue, 14 Mar 2023 | ₹49.6b | ₹15.4b | ₹2.0b | 15.7x | 25.4x | 3.2x |
| Thu, 09 Feb 2023 | ₹51.2b | ₹19.8b | ₹2.3b | 18.5x | 22.4x | 2.6x |
| Sat, 07 Jan 2023 | ₹56.0b | ₹19.5b | ₹2.2b | 20.6x | 25.9x | 2.9x |
| Mon, 05 Dec 2022 | ₹57.9b | ₹19.5b | ₹2.2b | 20.7x | 26.8x | 3x |
| Wed, 02 Nov 2022 | ₹61.1b | ₹19.6b | ₹2.7b | 22.8x | 22.9x | 3.1x |
| Fri, 30 Sep 2022 | ₹58.5b | ₹19.6b | ₹2.7b | 25.6x | 21.9x | 3x |
| Sun, 28 Aug 2022 | ₹58.2b | ₹19.6b | ₹2.7b | 25.5x | 21.8x | 3x |
| Tue, 26 Jul 2022 | ₹53.4b | ₹19.3b | ₹3.0b | 15.5x | 17.8x | 2.8x |
| Thu, 23 Jun 2022 | ₹50.0b | ₹19.3b | ₹3.0b | 15x | 16.7x | 2.6x |
| Sat, 21 May 2022 | ₹62.0b | ₹20.0b | ₹2.9b | 16.1x | 21.1x | 3.1x |
| Mon, 18 Apr 2022 | ₹70.8b | ₹19.7b | ₹2.8b | 19.2x | 25.7x | 3.6x |
| Wed, 16 Mar 2022 | ₹60.9b | ₹19.7b | ₹2.8b | 17.5x | 22.1x | 3.1x |
| Fri, 11 Feb 2022 | ₹69.4b | ₹18.7b | ₹3.1b | 18.6x | 22.4x | 3.7x |
| Sun, 09 Jan 2022 | ₹63.8b | ₹18.7b | ₹3.8b | 19x | 16.7x | 3.4x |
| Tue, 07 Dec 2021 | ₹57.3b | ₹18.7b | ₹3.8b | 16.8x | 15x | 3.1x |
| Thu, 04 Nov 2021 | ₹62.8b | ₹17.3b | ₹3.3b | 21.1x | 19.2x | 3.6x |
| Sat, 02 Oct 2021 | ₹62.4b | ₹15.1b | ₹2.4b | 19.2x | 26.1x | 4.1x |
| Mon, 30 Aug 2021 | ₹49.2b | ₹16.7b | ₹2.3b | 16.7x | 21.4x | 2.9x |
| Tue, 06 Jul 2021 | ₹40.7b | ₹16.7b | ₹2.3b | 16.7x | 17.7x | 2.4x |
| Fri, 09 Apr 2021 | ₹30.5b | ₹15.1b | ₹1.5b | 17.5x | 19.8x | 2x |
| Thu, 31 Dec 2020 | ₹27.7b | ₹14.7b | ₹1.5b | 15.3x | 18.8x | 1.9x |
| Sun, 04 Oct 2020 | ₹25.3b | ₹14.3b | ₹977.1m | 14.8x | 25.9x | 1.8x |
Price to Earnings Ratio
25.9x
Current Industry PE
- Investors are pessimistic on the Indian Oil and Gas Equipment and 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 9.8x which is lower than its 3-year average PE of 20.7x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 92% per year over the last three years.
- Revenues for these companies have grown 5.8% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Oil and Gas Services compare with similar industries?
| IN Market | -0.35% | |
| Energy | -0.35% | |
| Energy Services | 1.89% | |
| Oil and Gas Services | 0.72% | |
| Oil and Gas Drilling | 6.82% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| LIKHITHA Likhitha Infrastructure | ₹328.85 | 7.1% +₹862.0m | 86.5% | PE20.7x | |
| 526807 Seamec | ₹641.05 | 2.6% +₹410.6m | -39.7% | PE45.3x | |
| DEEPINDS Deep Industries | ₹266.25 | 2.4% +₹393.6m | 122.2% | PE12.4x | |
| 522261 Dolphin Offshore Enterprises (India) | ₹370.55 | 10.4% +₹109.9m | n/a | PE3.2x | |
| OILCOUNTUB Oil Country Tubular | ₹19.35 | 7.8% +₹62.0m | 20.6% | PE0.9x |