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Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedAug 24, 2026
DataAggregated Company Financials
Companies15
- 7D8.8%
- 3M23.5%
- 1Y33.0%
- YTDn/a
In the last week, the Oil and Gas Services industry is up 8.8%, with Seamec up 5.8%. During this same period, the Teja Engineering Industries underperformed, falling 27%. This means that the industry has gained 33% over the past year. Earnings are forecast to grow by 34% annually.
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 |
|---|---|---|---|---|---|---|
| Mon, 24 Aug 2026 | ₹161.9b | ₹46.0b | ₹6.1b | 25.3x | 26.5x | 3.5x |
| Wed, 22 Jul 2026 | ₹125.5b | ₹42.2b | ₹5.7b | 23.7x | 22.1x | 3x |
| Fri, 19 Jun 2026 | ₹125.4b | ₹41.5b | ₹5.6b | 23.1x | 22.3x | 3x |
| Sun, 17 May 2026 | ₹122.6b | ₹39.8b | ₹5.1b | 22.8x | 24.2x | 3.1x |
| Tue, 14 Apr 2026 | ₹122.5b | ₹37.8b | ₹2.9b | 22.4x | 41.9x | 3.2x |
| Thu, 12 Mar 2026 | ₹105.0b | ₹37.8b | ₹2.9b | 20.4x | 35.9x | 2.8x |
| Sat, 07 Feb 2026 | ₹109.4b | ₹36.5b | ₹3.1b | 23.9x | 34.8x | 3x |
| Mon, 05 Jan 2026 | ₹114.5b | ₹34.2b | ₹1.9b | 27.7x | 59.9x | 3.3x |
| Wed, 03 Dec 2025 | ₹105.6b | ₹34.2b | ₹1.9b | 26.5x | 55.2x | 3.1x |
| Fri, 31 Oct 2025 | ₹112.0b | ₹33.5b | ₹2.3b | 26.2x | 49.6x | 3.3x |
| Sun, 28 Sep 2025 | ₹112.8b | ₹32.2b | ₹2.1b | 28.7x | 53.2x | 3.5x |
| Tue, 26 Aug 2025 | ₹120.1b | ₹32.3b | ₹2.2b | 21.6x | 55.6x | 3.7x |
| Thu, 24 Jul 2025 | ₹118.2b | ₹36.9b | ₹1.8b | 24.1x | 66.4x | 3.2x |
| Sat, 21 Jun 2025 | ₹110.6b | ₹36.6b | ₹1.7b | 24.4x | 63.6x | 3x |
| Mon, 19 May 2025 | ₹108.5b | ₹31.8b | ₹2.5b | 22.9x | 43.4x | 3.4x |
| Wed, 16 Apr 2025 | ₹112.7b | ₹29.9b | ₹4.7b | 24.6x | 24.1x | 3.8x |
| Fri, 14 Mar 2025 | ₹103.1b | ₹29.9b | ₹4.7b | 24.3x | 22x | 3.4x |
| Sun, 09 Feb 2025 | ₹129.1b | ₹36.2b | ₹5.5b | 21.8x | 23.4x | 3.6x |
| Tue, 07 Jan 2025 | ₹146.9b | ₹35.1b | ₹4.9b | 23x | 30.1x | 4.2x |
| Thu, 05 Dec 2024 | ₹156.6b | ₹35.3b | ₹4.9b | 26.1x | 32.1x | 4.4x |
| Sat, 02 Nov 2024 | ₹157.4b | ₹28.1b | ₹4.5b | 34x | 34.7x | 5.6x |
| Mon, 30 Sep 2024 | ₹154.9b | ₹27.6b | ₹4.4b | 36.2x | 35.5x | 5.6x |
| Wed, 28 Aug 2024 | ₹152.7b | ₹25.5b | ₹3.9b | 34.8x | 38.7x | 6x |
| Fri, 26 Jul 2024 | ₹141.7b | ₹28.8b | ₹3.3b | 51.4x | 42.5x | 4.9x |
| Sun, 23 Jun 2024 | ₹133.5b | ₹28.8b | ₹3.3b | 44.7x | 40x | 4.6x |
| Tue, 21 May 2024 | ₹130.6b | ₹22.0b | ₹7.6b | 45.1x | 17.3x | 5.9x |
| Thu, 18 Apr 2024 | ₹103.5b | ₹20.5b | ₹8.1b | 35.3x | 12.7x | 5.1x |
| Sat, 16 Mar 2024 | ₹92.8b | ₹20.0b | ₹8.0b | 27.3x | 11.5x | 4.6x |
| Mon, 12 Feb 2024 | ₹98.3b | ₹22.7b | ₹7.6b | 47.4x | 13x | 4.3x |
| Wed, 10 Jan 2024 | ₹92.3b | ₹21.9b | ₹5.5b | 25.3x | 16.8x | 4.2x |
| Fri, 08 Dec 2023 | ₹82.4b | ₹21.9b | ₹5.5b | 25x | 15x | 3.8x |
| Sun, 05 Nov 2023 | ₹69.1b | ₹17.4b | ₹7.0b | 18.9x | 9.8x | 4x |
| Tue, 03 Oct 2023 | ₹68.7b | ₹17.0b | ₹6.9b | 20.6x | 10x | 4x |
| Thu, 31 Aug 2023 | ₹64.0b | ₹17.0b | ₹6.9b | 16.3x | 9.3x | 3.8x |
Price to Earnings Ratio
9.3x
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 26.5x which is lower than its 3-year average PE of 33.1x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.5x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have declined 3.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 39% 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, which has decreased profits.
Industry Comparison
How does Indian Oil and Gas Services compare with similar industries?
| IN Market | -0.20% | |
| Energy | 0.32% | |
| Energy Services | 8.89% | |
| Oil and Gas Services | 8.84% | |
| Oil and Gas Drilling | 9.32% | |
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 | |
|---|---|---|---|---|---|
| 526807 Seamec | ₹1.65k | 5.8% +₹2.3b | 79.4% | PE16.4x | |
| 530355 Asian Energy Services | ₹466.35 | 9.8% +₹1.9b | 29.7% | PE36x | |
| 522261 Dolphin Offshore Enterprises (India) | ₹615.35 | 6.7% +₹1.6b | 39.8% | PE34.2x | |
| LIKHITHA Likhitha Infrastructure | ₹210.98 | 2.1% +₹170.0m | -16.6% | PE25.5x | |
| 531471 Duke Offshore | ₹52.38 | 10.3% +₹48.3m | 209.9% | PB12.3x |