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Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedSep 26, 2025
DataAggregated Company Financials
Companies13
- 7D-2.8%
- 3M3.0%
- 1Y-20.9%
- YTDn/a
Over the last 7 days, the Oil and Gas Services industry has dropped 1.7%, driven by a pullback from Deep Industries of 3.5%. In contrast, Revathi Equipment India has gained 8.6%. Overall the industry is down 21% in 12 months. As for the next few years, earnings are expected to grow by 58% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Sep 2025 | ₹116.6b | ₹32.3b | ₹2.2b | 27.9x | 54x | 3.6x |
| Sun, 24 Aug 2025 | ₹119.1b | ₹32.3b | ₹2.2b | 21.2x | 55.1x | 3.7x |
| Tue, 22 Jul 2025 | ₹118.3b | ₹36.8b | ₹1.7b | 24.7x | 67.8x | 3.2x |
| Thu, 19 Jun 2025 | ₹111.3b | ₹36.6b | ₹1.7b | 24x | 64x | 3x |
| Sat, 17 May 2025 | ₹108.5b | ₹30.8b | ₹2.4b | 22.9x | 44.8x | 3.5x |
| Mon, 14 Apr 2025 | ₹110.2b | ₹29.9b | ₹4.7b | 23.5x | 23.5x | 3.7x |
| Wed, 12 Mar 2025 | ₹105.2b | ₹29.9b | ₹4.7b | 24.3x | 22.5x | 3.5x |
| Fri, 07 Feb 2025 | ₹130.7b | ₹36.2b | ₹5.4b | 21.5x | 24.3x | 3.6x |
| Sun, 05 Jan 2025 | ₹151.5b | ₹35.1b | ₹4.9b | 24.2x | 31x | 4.3x |
| Tue, 03 Dec 2024 | ₹157.1b | ₹35.3b | ₹4.9b | 25.9x | 32.2x | 4.5x |
| Thu, 31 Oct 2024 | ₹151.2b | ₹28.2b | ₹4.6b | 30.8x | 32.9x | 5.4x |
| Sat, 28 Sep 2024 | ₹154.9b | ₹27.6b | ₹4.4b | 36.2x | 35.5x | 5.6x |
| Mon, 26 Aug 2024 | ₹149.2b | ₹25.5b | ₹3.9b | 34.4x | 37.8x | 5.9x |
| Wed, 24 Jul 2024 | ₹139.9b | ₹28.8b | ₹3.3b | 51.2x | 41.9x | 4.9x |
| Fri, 21 Jun 2024 | ₹133.4b | ₹28.8b | ₹3.3b | 45.3x | 40x | 4.6x |
| Sun, 19 May 2024 | ₹128.7b | ₹22.0b | ₹7.6b | 44.7x | 17x | 5.8x |
| Tue, 16 Apr 2024 | ₹100.6b | ₹20.5b | ₹8.1b | 33.4x | 12.4x | 4.9x |
| Thu, 14 Mar 2024 | ₹90.4b | ₹20.0b | ₹8.0b | 28.4x | 11.2x | 4.5x |
| Sat, 10 Feb 2024 | ₹98.3b | ₹22.7b | ₹7.6b | 46.5x | 12.9x | 4.3x |
| Mon, 08 Jan 2024 | ₹91.7b | ₹21.9b | ₹5.5b | 26.3x | 16.7x | 4.2x |
| Wed, 06 Dec 2023 | ₹81.2b | ₹21.9b | ₹5.5b | 19x | 14.8x | 3.7x |
| Fri, 03 Nov 2023 | ₹69.0b | ₹17.0b | ₹6.9b | 18.5x | 10x | 4.1x |
| Sun, 01 Oct 2023 | ₹68.7b | ₹17.0b | ₹6.9b | 20.6x | 10x | 4x |
| Tue, 29 Aug 2023 | ₹63.3b | ₹17.0b | ₹6.9b | 15.3x | 9.2x | 3.7x |
| Thu, 27 Jul 2023 | ₹62.3b | ₹20.3b | ₹6.1b | 13.8x | 10.3x | 3.1x |
| Sat, 24 Jun 2023 | ₹55.3b | ₹21.3b | ₹6.2b | 13.4x | 9x | 2.6x |
| Mon, 22 May 2023 | ₹53.6b | ₹15.8b | ₹2.0b | 17.7x | 27.1x | 3.4x |
| Wed, 19 Apr 2023 | ₹52.5b | ₹15.4b | ₹2.0b | 19.4x | 26.9x | 3.4x |
| Fri, 17 Mar 2023 | ₹49.4b | ₹15.4b | ₹2.0b | 15.4x | 25.3x | 3.2x |
| Sun, 12 Feb 2023 | ₹51.5b | ₹19.3b | ₹1.9b | 15.5x | 27.2x | 2.7x |
| Tue, 10 Jan 2023 | ₹55.7b | ₹19.5b | ₹2.2b | 20.9x | 25.7x | 2.9x |
| Thu, 08 Dec 2022 | ₹57.8b | ₹19.5b | ₹2.2b | 20.3x | 26.7x | 3x |
| Sat, 05 Nov 2022 | ₹60.6b | ₹19.6b | ₹2.7b | 24.2x | 22.7x | 3.1x |
| Mon, 03 Oct 2022 | ₹60.7b | ₹19.6b | ₹2.7b | 25.6x | 22.8x | 3.1x |
Price to Earnings Ratio
22.8x
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 54.4x which is higher than its 3-year average PE of 27.5x.
- The industry is trading close to its 3-year average PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have declined 6.8% per year over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 | -1.79% | |
| Energy | -1.51% | |
| Energy Services | -2.66% | |
| Oil and Gas Services | -2.83% | |
| Oil and Gas Drilling | -1.50% | |
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 | |
|---|---|---|---|---|---|
| RVTH Revathi Equipment India | ₹1.16k | 8.6% +₹282.3m | -65.8% | PE27.9x | |
| 501848 Global Offshore Services | ₹79.59 | 5.9% +₹136.3m | -2.6% | PE65.2x |