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Indian (NIFTY) Oil and Gas Industry Analysis

UpdatedJan 20, 2025
DataAggregated Company Financials
Companies30
  • 7D3.1%
  • 3M-8.5%
  • 1Y-0.2%
  • YTD4.0%

The Oil and Gas industry is up 3.1% in the last week, with Reliance Industries up 4.9%. Meanwhile, Hindustan Petroleum actually underperformed within the industry, shrinking 7.6% in the last week. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 20 Jan 2025₹28.3t₹36.0t₹2.0t21.9x14.2x0.8x
Wed, 18 Dec 2024₹27.8t₹35.9t₹2.0t20.6x14x0.8x
Fri, 15 Nov 2024₹27.8t₹35.9t₹2.0t18.9x14x0.8x
Sun, 13 Oct 2024₹32.4t₹36.3t₹2.3t16.4x14x0.9x
Tue, 10 Sep 2024₹34.1t₹36.3t₹2.3t17.8x14.7x0.9x
Thu, 08 Aug 2024₹34.7t₹36.3t₹2.3t15.9x15x1x
Sat, 06 Jul 2024₹35.2t₹36.0t₹2.6t14x13.4x1x
Mon, 03 Jun 2024₹32.4t₹36.0t₹2.6t13.1x12.4x0.9x
Wed, 01 May 2024₹31.7t₹35.5t₹2.6t13.7x12.4x0.9x
Fri, 29 Mar 2024₹31.3t₹35.3t₹2.6t11.3x12.3x0.9x
Sun, 25 Feb 2024₹31.9t₹35.3t₹2.6t12.2x12.5x0.9x
Tue, 23 Jan 2024₹28.3t₹35.4t₹2.4t10.6x11.6x0.8x
Thu, 21 Dec 2023₹25.5t₹35.3t₹2.4t9.2x10.5x0.7x
Sat, 18 Nov 2023₹23.7t₹35.3t₹2.4t9.5x9.7x0.7x
Mon, 16 Oct 2023₹23.0t₹36.2t₹2.0t11.9x11.5x0.6x
Wed, 13 Sep 2023₹23.1t₹36.2t₹2.0t11x11.6x0.6x
Fri, 11 Aug 2023₹23.5t₹36.3t₹2.0t12x11.9x0.6x
Sun, 09 Jul 2023₹24.1t₹37.5t₹1.6t14x15.2x0.6x
Tue, 06 Jun 2023₹22.7t₹37.5t₹1.6t12.2x14.3x0.6x
Thu, 04 May 2023₹22.3t₹36.5t₹1.6t10.6x14.3x0.6x
Sat, 01 Apr 2023₹21.3t₹36.4t₹1.5t10.6x13.8x0.6x
Mon, 27 Feb 2023₹21.6t₹36.2t₹1.5t10.2x14x0.6x
Wed, 25 Jan 2023₹22.0t₹35.2t₹1.6t10.3x14x0.6x
Fri, 23 Dec 2022₹22.7t₹34.8t₹1.6t11.1x14.4x0.7x
Sun, 20 Nov 2022₹22.6t₹34.8t₹1.6t11x14.4x0.7x
Tue, 18 Oct 2022₹21.0t₹32.0t₹1.8t17.8x11.7x0.7x
Thu, 15 Sep 2022₹22.7t₹32.0t₹1.8t17.3x12.7x0.7x
Sat, 13 Aug 2022₹23.0t₹31.2t₹1.7t13x13.3x0.7x
Mon, 11 Jul 2022₹20.9t₹28.2t₹1.8t11.8x11.6x0.7x
Wed, 08 Jun 2022₹24.2t₹28.2t₹1.8t11.8x13.4x0.9x
Fri, 06 May 2022₹24.4t₹25.4t₹1.8t20x13.6x1x
Sun, 03 Apr 2022₹24.5t₹25.3t₹1.8t25.6x13.7x1x
Tue, 01 Mar 2022₹21.2t₹25.3t₹1.8t17.4x11.9x0.8x
Thu, 27 Jan 2022₹21.5t₹23.4t₹1.7t17.2x12.9x0.9x
Price to Earnings Ratio

12.9x


Total Market Cap: ₹21.5tTotal Earnings: ₹1.7tTotal Revenue: ₹23.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Oil and Gas Industry Price to Earnings3Y Average 13x202320242025
Current Industry PE
  • Investors are relatively neutral on the Indian Oil and Gas 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 13.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.76x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas industry have grown 6.4% per year over the last three years.
  • Revenues for these companies have grown 16% 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-0.26%
Energy3.10%
Oil and Gas3.13%
Coal and Fuels5.37%
Oil and Gas Exploration and Production3.94%
Oil and Gas Refining and Marketing3.28%
Integrated Oil and Gas1.35%
Oil and Gas Storage and Transportation-0.021%
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 18.6x.
    • Analysts are expecting annual earnings growth of 15.1%, which is higher than its past year's earnings decline of 49.6% per year.
  • Investors are most pessimistic about the Coal and Fuels industry, which is trading close to its 3-year average of 7.0x.
Forecasted Growth
  • Analysts are most optimistic on the Oil and Gas Refining and Marketing industry, expecting annual earnings growth of 15% over the next 5 years.
  • This is better than its past earnings decline of 50% per year.
  • In contrast, the Coal and Fuels industry is expected to see its earnings grow by 4.1% 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₹1.30k4.9%
+₹768.1b
-4.0%PE23.9x
COALINDIA Coal India₹387.655.2%
+₹118.0b
-2.8%PE6.6x
ONGC Oil and Natural Gas₹266.571.3%
+₹44.7b
10.1%PE8.2x
OIL Oil India₹474.804.2%
+₹30.8b
69.5%PE9.2x
GMDCLTD Gujarat Mineral Development₹327.2510.0%
+₹9.4b
-31.1%PE16.4x
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Latest News

500110

₹590.80

Chennai Petroleum

7D

-1.8%

1Y

-30.3%

RELIANCE

₹1,302.35

Reliance Industries

7D

4.9%

1Y

-4.0%

ONGC

₹266.57

Oil and Natural Gas

7D

1.3%

1Y

10.1%

500620

₹953.40

Great Eastern Shipping

7D

1.7%

1Y

-1.6%

COALINDIA

₹387.65

Coal India

7D

5.2%

1Y

-2.8%

KOTYARK

₹813.15

Kotyark Industries

7D

-5.8%

1Y

-36.0%

BPCL

₹273.60

Bharat Petroleum

7D

-1.5%

1Y

13.3%

GODAVARIB

₹275.40

Godavari Biorefineries

7D

-2.3%

1Y

n/a

AEGISLOG

₹801.00

Aegis Logistics

7D

-3.5%

1Y

116.0%

OIL

₹474.80

Oil India

7D

4.2%

1Y

69.5%

500186

₹186.65

Hindustan Oil Exploration

7D

-1.6%

1Y

-0.1%

526873

₹69.19

Rajasthan Gases

7D

25.6%

1Y

357.0%