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Indian (NIFTY) Oil and Gas Services Industry Analysis

UpdatedFeb 21, 2025
DataAggregated Company Financials
Companies13
  • 7D-4.9%
  • 3M-20.0%
  • 1Y7.5%
  • YTDn/a

Over the last 7 days, the Oil and Gas Services industry has dropped 10%, driven by declines in Dolphin Offshore Enterprises (India) and Revathi Equipment India of 19% and 34%, respectively. In contrast, Pratham EPC Projects has gained 23%. Over the past 12 months, the industry was up 3.0%.

Industry Valuation and Performance

Has the Indian Oil and Gas Services Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 21 Feb 2025₹106.0b₹29.9b₹4.7b23x22.6x3.5x
Sun, 19 Jan 2025₹142.9b₹35.1b₹4.9b23.4x29.3x4.1x
Tue, 17 Dec 2024₹162.3b₹35.3b₹4.9b26.8x33.3x4.6x
Thu, 14 Nov 2024₹146.1b₹29.2b₹4.8b22.3x30.3x5x
Sat, 12 Oct 2024₹156.3b₹27.6b₹4.4b35.8x35.8x5.7x
Mon, 09 Sep 2024₹152.0b₹25.4b₹4.0b37.7x37.5x6x
Wed, 07 Aug 2024₹138.2b₹29.1b₹3.5b40.7x39.8x4.7x
Fri, 05 Jul 2024₹137.2b₹28.8b₹3.3b50.3x41.1x4.8x
Sun, 02 Jun 2024₹121.6b₹23.9b₹8.2b44.1x14.8x5.1x
Tue, 30 Apr 2024₹110.1b₹20.5b₹8.1b41.2x13.5x5.4x
Thu, 28 Mar 2024₹94.6b₹20.0b₹8.0b26.1x11.8x4.7x
Sat, 24 Feb 2024₹96.3b₹20.0b₹8.0b28.7x12x4.8x
Mon, 22 Jan 2024₹95.5b₹21.9b₹5.5b22.3x17.4x4.4x
Wed, 20 Dec 2023₹85.8b₹21.9b₹5.5b24.7x15.7x3.9x
Fri, 17 Nov 2023₹75.5b₹21.9b₹5.5b19.2x13.8x3.4x
Sun, 15 Oct 2023₹70.4b₹17.0b₹6.9b19.4x10.2x4.1x
Tue, 12 Sep 2023₹66.9b₹17.0b₹6.9b15.6x9.7x3.9x
Thu, 10 Aug 2023₹66.8b₹20.8b₹6.2b14.9x10.7x3.2x
Sat, 08 Jul 2023₹61.1b₹19.9b₹6.2b13.8x9.9x3.1x
Mon, 05 Jun 2023₹53.8b₹19.8b₹2.5b16x21.2x2.7x
Wed, 03 May 2023₹52.7b₹15.4b₹2.0b20.3x27x3.4x
Fri, 31 Mar 2023₹45.8b₹15.4b₹2.0b15.9x23.5x3x
Sun, 26 Feb 2023₹45.4b₹15.4b₹2.0b15.7x23.2x3x
Tue, 24 Jan 2023₹55.4b₹19.5b₹2.2b18.5x25.6x2.8x
Thu, 22 Dec 2022₹56.0b₹19.5b₹2.2b20.8x25.9x2.9x
Sat, 19 Nov 2022₹56.3b₹19.3b₹2.3b21x24.9x2.9x
Mon, 17 Oct 2022₹65.5b₹19.6b₹2.7b27x24.5x3.3x
Wed, 14 Sep 2022₹61.8b₹19.6b₹2.7b28.2x23.2x3.2x
Fri, 12 Aug 2022₹50.0b₹20.1b₹3.1b14.5x16x2.5x
Sun, 10 Jul 2022₹52.0b₹19.3b₹3.0b15.3x17.4x2.7x
Tue, 07 Jun 2022₹59.5b₹19.3b₹3.0b17.5x19.9x3.1x
Thu, 05 May 2022₹63.7b₹19.8b₹2.8b17.9x23.1x3.2x
Sat, 02 Apr 2022₹69.3b₹19.7b₹2.8b17.7x25.1x3.5x
Mon, 28 Feb 2022₹59.2b₹19.7b₹2.8b17x21.5x3x
Price to Earnings Ratio

21.5x


Total Market Cap: ₹59.2bTotal Earnings: ₹2.8bTotal Revenue: ₹19.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Oil and Gas Services Industry Price to Earnings3Y Average 22.4x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Oil and Gas Equipment and Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 22.4x.
  • The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Equipment and Services industry have grown 19% per year over the last three years.
  • Revenues for these companies have grown 15% 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-0.74%
Energy1.56%
Energy Services-2.77%
Oil and Gas Services-4.86%
Oil and Gas Drilling6.35%
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
PRATHAM Pratham EPC Projects₹205.0023.4%
+₹690.9m
n/aPE27.4x
522014 United Drilling Tools₹238.251.7%
+₹82.2m
-14.4%PE33.9x
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Latest News

OILCOUNTUB

₹71.06

Oil Country Tubular

7D

-5.5%

1Y

67.0%

PRATHAM

₹205.00

Pratham EPC Projects

7D

23.4%

1Y

n/a

RVTH

₹1,204.10

Revathi Equipment India

7D

-33.9%

1Y

n/a

532773

₹262.35

Global Vectra Helicorp

7D

-3.0%

1Y

110.6%

DEEPINDS

₹506.65

Deep Industries

7D

-0.4%

1Y

107.6%

530355

₹237.60

Asian Energy Services

7D

-10.2%

1Y

-21.1%

522261

₹222.05

Dolphin Offshore Enterprises (India)

7D

-19.4%

1Y

-16.4%

526807

₹898.80

Seamec

7D

-1.4%

1Y

-20.3%

522014

₹238.25

United Drilling Tools

7D

1.7%

1Y

-14.4%

501848

₹90.75

Global Offshore Services

7D

-6.3%

1Y

81.5%