Have your own idea? Try our Stock Screener
Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedApr 11, 2026
DataAggregated Company Financials
Companies14
- 7D7.2%
- 3M14.2%
- 1Y9.0%
- YTDn/a
Asian Energy Services is up 17%, leading the way for the Oil and Gas Services industry, which has gained 6.2%. Meanwhile, Duke Offshore actually underperformed within the industry, shrinking 8.2% in the last week. In the last 12 months, the industry was up 11%. Looking forward, earnings are forecast to grow by 55% 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 |
|---|---|---|---|---|---|---|
| Sat, 11 Apr 2026 | ₹122.1b | ₹37.8b | ₹2.9b | 22.4x | 41.8x | 3.2x |
| Mon, 09 Mar 2026 | ₹107.2b | ₹37.8b | ₹2.9b | 20.9x | 36.7x | 2.8x |
| Wed, 04 Feb 2026 | ₹106.2b | ₹35.8b | ₹2.9b | 23.5x | 36.6x | 3x |
| Fri, 02 Jan 2026 | ₹113.7b | ₹34.2b | ₹1.9b | 27.7x | 59.4x | 3.3x |
| Sun, 30 Nov 2025 | ₹107.0b | ₹34.2b | ₹1.9b | 26.6x | 55.9x | 3.1x |
| Tue, 28 Oct 2025 | ₹111.9b | ₹33.5b | ₹2.2b | 26.4x | 50.1x | 3.3x |
| Thu, 25 Sep 2025 | ₹117.6b | ₹32.3b | ₹2.2b | 29.1x | 54.4x | 3.6x |
| Sat, 23 Aug 2025 | ₹119.1b | ₹32.3b | ₹2.2b | 21.2x | 55.2x | 3.7x |
| Mon, 21 Jul 2025 | ₹118.8b | ₹36.8b | ₹1.7b | 24.2x | 68.1x | 3.2x |
| Wed, 18 Jun 2025 | ₹112.7b | ₹36.6b | ₹1.7b | 24.3x | 64.8x | 3.1x |
| Fri, 16 May 2025 | ₹108.9b | ₹30.8b | ₹2.4b | 22.9x | 45x | 3.5x |
| Sun, 13 Apr 2025 | ₹110.2b | ₹29.9b | ₹4.7b | 23.5x | 23.5x | 3.7x |
| Tue, 11 Mar 2025 | ₹104.7b | ₹29.9b | ₹4.7b | 23.8x | 22.4x | 3.5x |
| Thu, 06 Feb 2025 | ₹130.0b | ₹36.2b | ₹5.4b | 21.1x | 24.2x | 3.6x |
| Sat, 04 Jan 2025 | ₹151.5b | ₹35.1b | ₹4.9b | 24.2x | 31x | 4.3x |
| Mon, 02 Dec 2024 | ₹157.7b | ₹35.3b | ₹4.9b | 26x | 32.3x | 4.5x |
| Wed, 30 Oct 2024 | ₹145.5b | ₹28.2b | ₹4.6b | 29.3x | 31.7x | 5.2x |
| Fri, 27 Sep 2024 | ₹156.2b | ₹27.6b | ₹4.4b | 36.6x | 35.8x | 5.7x |
| Sun, 25 Aug 2024 | ₹149.2b | ₹25.5b | ₹3.9b | 34.4x | 37.8x | 5.9x |
| Tue, 23 Jul 2024 | ₹139.5b | ₹28.8b | ₹3.3b | 50.6x | 41.8x | 4.8x |
| Thu, 20 Jun 2024 | ₹133.0b | ₹28.8b | ₹3.3b | 45x | 39.8x | 4.6x |
| Sat, 18 May 2024 | ₹128.7b | ₹22.0b | ₹7.6b | 44.7x | 17x | 5.8x |
| Mon, 15 Apr 2024 | ₹100.9b | ₹20.5b | ₹8.1b | 31x | 12.4x | 4.9x |
| Wed, 13 Mar 2024 | ₹94.0b | ₹20.0b | ₹8.0b | 29x | 11.7x | 4.7x |
| Fri, 09 Feb 2024 | ₹98.7b | ₹22.7b | ₹7.6b | 46.8x | 13x | 4.3x |
| Sun, 07 Jan 2024 | ₹91.7b | ₹21.9b | ₹5.5b | 26.3x | 16.7x | 4.2x |
| Tue, 05 Dec 2023 | ₹80.9b | ₹21.9b | ₹5.5b | 17.9x | 14.8x | 3.7x |
| Thu, 02 Nov 2023 | ₹68.3b | ₹17.0b | ₹6.9b | 18.5x | 9.9x | 4x |
| Sat, 30 Sep 2023 | ₹68.7b | ₹17.0b | ₹6.9b | 20.6x | 10x | 4x |
| Mon, 28 Aug 2023 | ₹63.0b | ₹17.0b | ₹6.9b | 14.9x | 9.1x | 3.7x |
| Wed, 26 Jul 2023 | ₹63.5b | ₹20.3b | ₹6.1b | 13.9x | 10.5x | 3.1x |
| Fri, 23 Jun 2023 | ₹56.0b | ₹21.3b | ₹6.2b | 13.4x | 9.1x | 2.6x |
| Sun, 21 May 2023 | ₹53.6b | ₹15.8b | ₹2.0b | 17.7x | 27.1x | 3.4x |
| Tue, 18 Apr 2023 | ₹51.6b | ₹15.4b | ₹2.0b | 17.6x | 26.4x | 3.4x |
Price to Earnings Ratio
26.4x
Current Industry PE
- Investors are optimistic on the Indian Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 41.4x which is higher than its 3-year average PE of 31.6x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 35% 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 | 6.90% | |
| Energy | 0.68% | |
| Energy Services | 7.68% | |
| Oil and Gas Services | 7.18% | |
| Oil and Gas Drilling | 11.74% | |
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 | |
|---|---|---|---|---|---|
| 530355 Asian Energy Services | ₹300.65 | 17.1% +₹2.0b | 8.0% | PE32.3x | |
| LIKHITHA Likhitha Infrastructure | ₹221.86 | 28.8% +₹2.0b | -18.7% | PE16.8x | |
| DEEPINDS Deep Industries | ₹457.10 | 4.2% +₹1.2b | -2.5% | PS3.6x | |
| 522014 United Drilling Tools | ₹206.20 | 31.3% +₹997.9m | -1.7% | PE23.2x | |
| 526807 Seamec | ₹1.52k | 2.2% +₹816.1m | 49.8% | PE20.3x |