Likhitha Infrastructure's (NSE:LIKHITHA) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 27
Have your own idea? Try our Stock Screener
Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedFeb 09, 2026
DataAggregated Company Financials
Companies14
- 7D3.6%
- 3M-0.8%
- 1Y-14.4%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has risen 3.6%, driven by gains from Deep Industries of 13%. However, the industry is down 14% over the past year. As for the next few years, earnings are expected to grow by 55% per annum.
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, 09 Feb 2026 | ₹109.4b | ₹36.5b | ₹3.1b | 23.9x | 34.8x | 3x |
| Wed, 07 Jan 2026 | ₹111.7b | ₹34.2b | ₹1.9b | 27.3x | 58.4x | 3.3x |
| Fri, 05 Dec 2025 | ₹105.0b | ₹34.2b | ₹1.9b | 26.5x | 54.9x | 3.1x |
| Sun, 02 Nov 2025 | ₹112.5b | ₹33.4b | ₹2.2b | 26x | 51.7x | 3.4x |
| Tue, 30 Sep 2025 | ₹112.0b | ₹32.2b | ₹2.1b | 28.9x | 52.8x | 3.5x |
| Thu, 28 Aug 2025 | ₹119.7b | ₹32.3b | ₹2.2b | 21.5x | 55.4x | 3.7x |
| Sat, 26 Jul 2025 | ₹114.3b | ₹36.9b | ₹1.8b | 23.7x | 64.2x | 3.1x |
| Mon, 23 Jun 2025 | ₹110.6b | ₹36.6b | ₹1.7b | 24.4x | 63.6x | 3x |
| Wed, 21 May 2025 | ₹106.8b | ₹31.8b | ₹2.5b | 23.2x | 42.7x | 3.4x |
| Fri, 18 Apr 2025 | ₹114.3b | ₹29.9b | ₹4.7b | 24x | 24.4x | 3.8x |
| Sun, 16 Mar 2025 | ₹103.1b | ₹29.9b | ₹4.7b | 24.3x | 22x | 3.4x |
| Tue, 11 Feb 2025 | ₹123.5b | ₹36.4b | ₹5.5b | 21x | 22.4x | 3.4x |
| Thu, 09 Jan 2025 | ₹151.2b | ₹35.1b | ₹4.9b | 24.6x | 31x | 4.3x |
| Sat, 07 Dec 2024 | ₹158.9b | ₹35.3b | ₹4.9b | 25.9x | 32.5x | 4.5x |
| Mon, 04 Nov 2024 | ₹157.6b | ₹28.1b | ₹4.5b | 34x | 34.8x | 5.6x |
| Wed, 02 Oct 2024 | ₹153.0b | ₹27.6b | ₹4.4b | 37.5x | 35.1x | 5.6x |
| Fri, 30 Aug 2024 | ₹152.8b | ₹25.5b | ₹3.9b | 34.3x | 38.7x | 6x |
| Sun, 28 Jul 2024 | ₹142.9b | ₹28.8b | ₹3.3b | 51.4x | 42.8x | 5x |
| Tue, 25 Jun 2024 | ₹137.0b | ₹28.8b | ₹3.3b | 46.6x | 41x | 4.8x |
| Thu, 23 May 2024 | ₹132.3b | ₹22.6b | ₹7.6b | 46.4x | 17.4x | 5.9x |
| Sat, 20 Apr 2024 | ₹105.2b | ₹20.5b | ₹8.1b | 37.1x | 12.9x | 5.1x |
| Mon, 18 Mar 2024 | ₹92.8b | ₹20.0b | ₹8.0b | 27.3x | 11.5x | 4.6x |
| Wed, 14 Feb 2024 | ₹94.4b | ₹23.9b | ₹8.7b | 38.5x | 10.8x | 4x |
| Fri, 12 Jan 2024 | ₹93.9b | ₹21.9b | ₹5.5b | 24.4x | 17.1x | 4.3x |
| Sun, 10 Dec 2023 | ₹83.2b | ₹21.9b | ₹5.5b | 29.9x | 15.2x | 3.8x |
| Tue, 07 Nov 2023 | ₹71.0b | ₹17.3b | ₹7.0b | 20.3x | 10.1x | 4.1x |
| Thu, 05 Oct 2023 | ₹68.7b | ₹17.0b | ₹6.9b | 20.5x | 10x | 4x |
| Sat, 02 Sep 2023 | ₹63.8b | ₹17.0b | ₹6.9b | 15.8x | 9.3x | 3.8x |
| Mon, 31 Jul 2023 | ₹62.3b | ₹20.3b | ₹6.1b | 14.1x | 10.3x | 3.1x |
| Wed, 28 Jun 2023 | ₹55.9b | ₹19.9b | ₹6.2b | 13.8x | 9.1x | 2.8x |
| Fri, 26 May 2023 | ₹53.8b | ₹15.8b | ₹2.0b | 17.6x | 27.3x | 3.4x |
| Sun, 23 Apr 2023 | ₹53.0b | ₹15.4b | ₹2.0b | 19.9x | 27.1x | 3.5x |
| Tue, 21 Mar 2023 | ₹48.4b | ₹15.4b | ₹2.0b | 15.5x | 24.8x | 3.2x |
| Thu, 16 Feb 2023 | ₹50.9b | ₹19.1b | ₹1.8b | 17.2x | 28.5x | 2.7x |
Price to Earnings Ratio
28.5x
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 34.8x 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 3.0x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 24% 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 | 3.74% | |
| Energy | 6.77% | |
| Energy Services | 3.16% | |
| Oil and Gas Services | 3.55% | |
| Oil and Gas Drilling | 0.11% | |
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 | |
|---|---|---|---|---|---|
| DEEPINDS Deep Industries | ₹407.75 | 12.6% +₹2.9b | -25.0% | PS3.2x | |
| 530355 Asian Energy Services | ₹262.65 | 5.5% +₹614.7m | -11.8% | PE36.1x | |
| 526807 Seamec | ₹1.29k | 1.8% +₹565.7m | 39.9% | PE17.2x | |
| LIKHITHA Likhitha Infrastructure | ₹172.01 | 5.9% +₹377.5m | -42.3% | PE11.3x | |
| 532773 Global Vectra Helicorp | ₹191.95 | 14.4% +₹338.8m | -32.9% | PS0.5x |