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Indian (NIFTY) Oil and Gas Services Industry Analysis

UpdatedFeb 17, 2026
DataAggregated Company Financials
Companies14
  • 7D0.2%
  • 3M0.5%
  • 1Y3.4%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has risen 1.2%, driven by gains from Seamec of 7.0%. In the same time, Deep Industries was down 6.8%. Despite this gain, the industry's performance has been flat over the past year. 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?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 17 Feb 2026₹110.8b₹37.8b₹2.9b21.4x37.9x2.9x
Thu, 15 Jan 2026₹105.1b₹34.2b₹1.9b26.1x54.9x3.1x
Sat, 13 Dec 2025₹108.1b₹34.2b₹1.9b28.5x56.5x3.2x
Mon, 10 Nov 2025₹112.5b₹34.6b₹2.5b27.9x45.6x3.3x
Wed, 08 Oct 2025₹113.9b₹33.2b₹2.2b27.2x51.4x3.4x
Fri, 05 Sep 2025₹120.8b₹32.3b₹2.2b20.6x55.9x3.7x
Sun, 03 Aug 2025₹116.7b₹36.9b₹1.8b22.4x65.5x3.2x
Tue, 01 Jul 2025₹116.4b₹36.8b₹1.7b24.5x66.8x3.2x
Thu, 29 May 2025₹109.3b₹31.8b₹1.8b26.2x62.2x3.4x
Sat, 26 Apr 2025₹111.3b₹29.9b₹4.7b24x23.8x3.7x
Mon, 24 Mar 2025₹109.4b₹29.9b₹4.7b23.7x23.4x3.7x
Wed, 19 Feb 2025₹102.8b₹29.9b₹4.7b22.4x22x3.4x
Fri, 17 Jan 2025₹142.3b₹35.1b₹4.9b22.8x29.1x4.1x
Sun, 15 Dec 2024₹159.7b₹35.3b₹4.9b26.3x32.7x4.5x
Tue, 12 Nov 2024₹150.9b₹28.1b₹4.5b33.1x33.3x5.4x
Thu, 10 Oct 2024₹153.5b₹27.6b₹4.4b35.8x35.2x5.6x
Sat, 07 Sep 2024₹152.0b₹25.4b₹4.0b37.7x37.5x6x
Mon, 05 Aug 2024₹146.1b₹28.9b₹3.4b45x42.8x5.1x
Wed, 03 Jul 2024₹136.7b₹28.8b₹3.3b50.3x40.9x4.7x
Fri, 31 May 2024₹124.0b₹23.9b₹8.2b43.9x15.1x5.2x
Sun, 28 Apr 2024₹109.3b₹20.5b₹8.1b40.4x13.5x5.3x
Tue, 26 Mar 2024₹96.8b₹20.0b₹8.0b27.1x12x4.8x
Thu, 22 Feb 2024₹94.6b₹20.0b₹8.0b29.3x11.8x4.7x
Sat, 20 Jan 2024₹96.1b₹21.9b₹5.5b22.8x17.5x4.4x
Mon, 18 Dec 2023₹82.7b₹21.9b₹5.5b27.3x15.1x3.8x
Wed, 15 Nov 2023₹75.0b₹21.9b₹5.3b19.7x14.2x3.4x
Fri, 13 Oct 2023₹70.0b₹17.0b₹6.9b20.2x10.2x4.1x
Sun, 10 Sep 2023₹65.9b₹17.0b₹6.9b15.9x9.6x3.9x
Tue, 08 Aug 2023₹64.6b₹20.6b₹6.2b14.7x10.4x3.1x
Thu, 06 Jul 2023₹59.7b₹19.9b₹6.2b13.6x9.7x3x
Sat, 03 Jun 2023₹53.8b₹19.9b₹2.5b16x21.2x2.7x
Mon, 01 May 2023₹52.7b₹15.4b₹2.0b19.4x27x3.4x
Wed, 29 Mar 2023₹45.2b₹15.4b₹2.0b15.9x23.2x2.9x
Fri, 24 Feb 2023₹46.5b₹15.4b₹2.0b16.1x23.8x3x
Price to Earnings Ratio

23.8x


Total Market Cap: ₹46.5bTotal Earnings: ₹2.0bTotal Revenue: ₹15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Oil and Gas Services Industry Price to Earnings3Y Average 31x202420252026
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 38.5x which is higher than its 3-year average PE of 31.0x.
  • The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 2.9x.
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-1.11%
Energy-1.61%
Energy Services-0.18%
Oil and Gas Services0.19%
Oil and Gas Drilling-3.14%
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?

CompanyLast Price7D1YValuation
526807 Seamec₹1.38k7.0%
+₹2.3b
57.3%PE18.4x
530355 Asian Energy Services₹303.6015.6%
+₹1.9b
28.2%PE32.7x
501848 Global Offshore Services₹55.255.5%
+₹88.2m
-40.6%PS5.2x
531471 Duke Offshore₹15.854.3%
+₹6.5m
-9.2%PS18x
AAKASH Aakash Exploration Services₹7.850.5%
+₹4.1m
-12.2%PE41.9x

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