Indian (NIFTY) Energy Services Industry Analysis
UpdatedAug 04, 2024
DataAggregated Company Financials
Companies16
- 7D2.9%
- 3M17.3%
- 1Y75.3%
- YTD44.8%
The Energy Services industry is up 2.9% in the last week, with Dolphin Offshore Enterprises (India) up 13%. During this same period, the Seamec underperformed, falling 5.3%. This means that the industry has gained 75% over the past year.
Industry Valuation and Performance
Has the Indian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Aug 2024 | ₹167.4b | ₹35.8b | ₹4.2b | 38.3x | 39.5x | 4.7x |
| Tue, 02 Jul 2024 | ₹158.5b | ₹35.0b | ₹3.8b | 43.1x | 41.2x | 4.5x |
| Thu, 30 May 2024 | ₹148.4b | ₹30.4b | ₹8.7b | 41.1x | 17x | 4.9x |
| Sat, 27 Apr 2024 | ₹133.5b | ₹25.7b | ₹8.9b | 35.7x | 15x | 5.2x |
| Mon, 25 Mar 2024 | ₹117.8b | ₹25.2b | ₹8.8b | 26.9x | 13.4x | 4.7x |
| Wed, 21 Feb 2024 | ₹117.7b | ₹25.2b | ₹8.8b | 28.2x | 13.4x | 4.7x |
| Fri, 19 Jan 2024 | ₹119.1b | ₹26.7b | ₹6.2b | 27.7x | 19.3x | 4.5x |
| Sun, 17 Dec 2023 | ₹106.4b | ₹26.7b | ₹6.2b | 29.7x | 17.2x | 4x |
| Tue, 14 Nov 2023 | ₹94.1b | ₹26.7b | ₹6.5b | 20.9x | 14.4x | 3.5x |
| Thu, 12 Oct 2023 | ₹89.7b | ₹21.7b | ₹7.7b | 21x | 11.7x | 4.1x |
| Sat, 09 Sep 2023 | ₹83.0b | ₹21.7b | ₹7.7b | 17.5x | 10.8x | 3.8x |
| Mon, 07 Aug 2023 | ₹75.2b | ₹25.4b | ₹7.0b | 14.2x | 10.8x | 3x |
| Wed, 05 Jul 2023 | ₹68.7b | ₹25.1b | ₹7.2b | 13.4x | 9.5x | 2.7x |
| Fri, 02 Jun 2023 | ₹62.4b | ₹25.0b | ₹3.6b | 14.4x | 17.3x | 2.5x |
| Sun, 30 Apr 2023 | ₹61.5b | ₹20.5b | ₹3.0b | 16.7x | 20.4x | 3x |
| Tue, 28 Mar 2023 | ₹52.7b | ₹20.5b | ₹3.0b | 13.7x | 17.5x | 2.6x |
| Thu, 23 Feb 2023 | ₹55.1b | ₹20.5b | ₹3.0b | 14.6x | 18.3x | 2.7x |
| Sat, 21 Jan 2023 | ₹63.4b | ₹24.4b | ₹3.3b | 18x | 19.1x | 2.6x |
| Mon, 19 Dec 2022 | ₹66.4b | ₹24.4b | ₹3.3b | 19.5x | 20x | 2.7x |
| Wed, 16 Nov 2022 | ₹65.5b | ₹24.2b | ₹3.4b | 19.6x | 19.2x | 2.7x |
| Fri, 14 Oct 2022 | ₹72.9b | ₹24.1b | ₹3.5b | 24.8x | 20.6x | 3x |
| Sun, 11 Sep 2022 | ₹68.2b | ₹24.1b | ₹3.5b | 24.5x | 19.3x | 2.8x |
| Tue, 09 Aug 2022 | ₹57.2b | ₹23.9b | ₹3.9b | 14.8x | 14.8x | 2.4x |
| Thu, 07 Jul 2022 | ₹59.0b | ₹29.5b | -₹18,132,261,000.00 | 13.9x | -3.3x | 2x |
| Sat, 04 Jun 2022 | ₹67.3b | ₹29.4b | -₹18,304,382,146.00 | 15.9x | -3.7x | 2.3x |
| Mon, 02 May 2022 | ₹72.3b | ₹24.0b | ₹3.7b | 15.7x | 19.8x | 3x |
| Wed, 30 Mar 2022 | ₹74.3b | ₹24.0b | ₹3.7b | 13.2x | 20.3x | 3.1x |
| Fri, 25 Feb 2022 | ₹61.7b | ₹24.0b | ₹3.7b | 13.2x | 16.9x | 2.6x |
| Sun, 23 Jan 2022 | ₹70.8b | ₹23.0b | ₹4.2b | 16.5x | 16.8x | 3.1x |
| Tue, 21 Dec 2021 | ₹60.3b | ₹23.0b | ₹4.2b | 14.6x | 14.3x | 2.6x |
| Thu, 18 Nov 2021 | ₹65.0b | ₹22.7b | ₹4.0b | 16.3x | 16.1x | 2.9x |
| Sat, 16 Oct 2021 | ₹69.0b | ₹19.2b | ₹2.5b | 23.4x | 27.6x | 3.6x |
| Mon, 13 Sep 2021 | ₹63.2b | ₹19.2b | ₹2.5b | 21.7x | 25.2x | 3.3x |
| Wed, 11 Aug 2021 | ₹50.0b | ₹20.8b | ₹2.4b | 18.3x | 20.7x | 2.4x |
Price to Earnings Ratio
20.7x
Current Industry PE
- Investors are optimistic on the Indian Energy Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 39.5x which is higher than its 3-year average PE of 17.3x.
- The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 4.7x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Energy industry?
| IN Market | -0.023% | |
| Energy | 0.20% | |
| Energy Services | 2.93% | |
| Oil and Gas Drilling | 8.61% | |
| Oil and Gas Services | 2.15% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Services industry which is trading above its 3-year average PE ratio of 20.0x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas Drilling industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 17.3x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 522261 Dolphin Offshore Enterprises (India) | ₹708.10 | 13.2% +₹3.3b | n/a | PE218x | |
| 511034 Jindal Drilling & Industries | ₹665.15 | 9.8% +₹1.7b | 74.8% | PE23.2x | |
| DEEPINDS Deep Industries | ₹327.35 | 6.4% +₹1.3b | 35.4% | PE16.9x | |
| 501848 Global Offshore Services | ₹92.77 | 26.5% +₹502.8m | 137.0% | PE6.7x | |
| OILCOUNTUB Oil Country Tubular | ₹46.71 | 15.6% +₹279.9m | 108.1% | PS11.3x |