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Indian (NIFTY) Oil and Gas Industry Analysis

UpdatedApr 27, 2025
DataAggregated Company Financials
Companies31
  • 7D1.2%
  • 3M3.2%
  • 1Y-11.2%
  • YTD3.2%

In the last week, the Oil and Gas industry is up 1.2%, with Reliance Industries up 2.0%. In contrast, the industry has lost 11% in the last 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Apr 2025₹28.1t₹36.2t₹1.9t18.1x14.8x0.8x
Tue, 25 Mar 2025₹28.0t₹35.8t₹1.9t17.3x14.8x0.8x
Thu, 20 Feb 2025₹26.1t₹35.8t₹1.9t19.2x13.8x0.7x
Sat, 18 Jan 2025₹28.3t₹36.0t₹2.0t21.5x14.2x0.8x
Mon, 16 Dec 2024₹28.4t₹35.9t₹2.0t21x14.3x0.8x
Wed, 13 Nov 2024₹28.4t₹35.9t₹2.0t19x14.2x0.8x
Fri, 11 Oct 2024₹32.3t₹36.3t₹2.3t17.8x13.9x0.9x
Sun, 08 Sep 2024₹34.4t₹36.3t₹2.3t18.1x14.8x0.9x
Tue, 06 Aug 2024₹34.0t₹36.3t₹2.4t15.5x14.4x0.9x
Thu, 04 Jul 2024₹34.4t₹36.0t₹2.6t14x13.1x1x
Sat, 01 Jun 2024₹32.4t₹36.0t₹2.6t13.1x12.4x0.9x
Mon, 29 Apr 2024₹31.6t₹35.5t₹2.6t13.6x12.4x0.9x
Wed, 27 Mar 2024₹30.7t₹35.3t₹2.6t11.4x12x0.9x
Fri, 23 Feb 2024₹31.8t₹35.3t₹2.6t12.1x12.5x0.9x
Sun, 21 Jan 2024₹28.4t₹35.3t₹2.4t10.5x11.7x0.8x
Tue, 19 Dec 2023₹25.4t₹35.3t₹2.4t9.5x10.4x0.7x
Thu, 16 Nov 2023₹23.8t₹35.3t₹2.4t9.5x9.8x0.7x
Sat, 14 Oct 2023₹23.0t₹36.2t₹2.0t11.9x11.5x0.6x
Mon, 11 Sep 2023₹23.4t₹36.2t₹2.0t11.3x11.7x0.6x
Wed, 09 Aug 2023₹23.2t₹36.4t₹2.0t12x11.6x0.6x
Fri, 07 Jul 2023₹24.2t₹37.5t₹1.6t13.9x15.3x0.6x
Sun, 04 Jun 2023₹22.5t₹37.5t₹1.6t11.9x14.2x0.6x
Tue, 02 May 2023₹22.3t₹36.7t₹1.6t10.6x14.2x0.6x
Thu, 30 Mar 2023₹20.6t₹36.4t₹1.5t10.6x13.4x0.6x
Sat, 25 Feb 2023₹21.6t₹36.2t₹1.5t10.2x14x0.6x
Mon, 23 Jan 2023₹22.2t₹34.9t₹1.6t10.3x14.1x0.6x
Wed, 21 Dec 2022₹23.1t₹34.8t₹1.6t11.1x14.7x0.7x
Fri, 18 Nov 2022₹22.7t₹34.8t₹1.6t11.5x14.4x0.7x
Sun, 16 Oct 2022₹21.0t₹32.0t₹1.8t17.8x11.7x0.7x
Tue, 13 Sep 2022₹22.8t₹32.0t₹1.8t17x12.7x0.7x
Thu, 11 Aug 2022₹22.5t₹31.0t₹1.7t12.7x13.6x0.7x
Sat, 09 Jul 2022₹20.9t₹28.2t₹1.8t11.8x11.6x0.7x
Mon, 06 Jun 2022₹24.0t₹28.2t₹1.8t12.4x13.3x0.9x
Wed, 04 May 2022₹25.3t₹25.4t₹1.8t20.8x14.1x1x
Price to Earnings Ratio

14.1x


Total Market Cap: ₹25.3tTotal Earnings: ₹1.8tTotal Revenue: ₹25.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Oil and Gas Industry Price to Earnings3Y Average 13.1x202320242025
Current Industry PE
  • Investors are optimistic on the Indian Oil and Gas industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.8x which is higher than its 3-year average PE of 13.1x.
  • The industry is trading close to its 3-year average PS ratio of 0.75x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 12% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Indian Energy industry?

IN Market0.41%
Energy1.17%
Oil and Gas1.20%
Oil and Gas Exploration and Production3.11%
Oil and Gas Refining and Marketing1.52%
Integrated Oil and Gas1.17%
Oil and Gas Storage and Transportation0.23%
Coal and Fuels-1.49%
Industry PE
  • Investors are most optimistic about the Oil and Gas Refining and Marketing industry, which is trading close to its 3-year average PE ratio of 18.9x.
    • Analysts are expecting annual earnings growth of 16.6%, which is higher than its past year's earnings decline of 52.5% per year.
  • Investors are most pessimistic about the Coal and Fuels industry, which is trading close to its 3-year average of 6.9x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 17% over the next 5 years.
  • This is better than its past earnings decline of 53% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings grow by 4.9% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
RELIANCE Reliance Industries₹1.30k2.0%
+₹329.1b
-10.5%PE23.7x
ONGC Oil and Natural Gas₹246.331.2%
+₹35.7b
-12.9%PE7.9x
OIL Oil India₹399.353.9%
+₹24.3b
-4.7%PE8.8x
PETRONET Petronet LNG₹309.401.8%
+₹8.2b
0.2%PE12.7x
IOC Indian Oil₹134.650.3%
+₹4.8b
-21.5%PE17.5x
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Latest News

500110

₹630.70

Chennai Petroleum

7D

1.4%

1Y

-40.0%

RELIANCE

₹1,300.40

Reliance Industries

7D

2.0%

1Y

-10.5%

ONGC

₹246.33

Oil and Natural Gas

7D

1.2%

1Y

-12.9%

BPCL

₹295.70

Bharat Petroleum

7D

-0.9%

1Y

-3.0%

500186

₹188.00

Hindustan Oil Exploration

7D

5.8%

1Y

-9.1%

500109

₹137.20

Mangalore Refinery and Petrochemicals

7D

0.8%

1Y

-45.4%

GMDCLTD

₹309.10

Gujarat Mineral Development

7D

-3.3%

1Y

-28.9%

543805

₹85.98

ResGen

7D

-7.5%

1Y

-10.6%