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Indian (NIFTY) Oil and Gas Refining and Marketing Industry Analysis

UpdatedJul 07, 2026
DataAggregated Company Financials
Companies14
  • 7D1.6%
  • 3M2.6%
  • 1Y-13.0%
  • YTDn/a

Over the last 7 days, the Oil and Gas Refining and Marketing industry has dropped 1.1%, driven by Chennai Petroleum declining 3.0%. However, the industry is down 13% over the past year. Looking forward, earnings are forecast to grow by 5.1% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Jul 2026₹22.5t₹28.9t₹1.7t14.7x13.1x0.8x
Thu, 04 Jun 2026₹22.3t₹28.9t₹1.7t15.9x12.9x0.8x
Sat, 02 May 2026₹24.0t₹28.7t₹1.6t16.9x14.8x0.8x
Mon, 30 Mar 2026₹22.6t₹28.4t₹1.6t15.8x13.8x0.8x
Wed, 25 Feb 2026₹24.9t₹28.4t₹1.6t20.3x15.3x0.9x
Fri, 23 Jan 2026₹24.1t₹28.2t₹1.5t18.2x16.2x0.9x
Sun, 21 Dec 2025₹26.5t₹27.9t₹1.5t23.9x18.2x0.9x
Tue, 18 Nov 2025₹26.1t₹27.9t₹1.5t21.1x18x0.9x
Thu, 16 Oct 2025₹23.6t₹27.5t₹1.3t21.2x18.7x0.9x
Sat, 13 Sep 2025₹23.4t₹27.5t₹1.3t18x18.7x0.9x
Mon, 11 Aug 2025₹23.0t₹27.5t₹1.2t15.6x19.5x0.8x
Wed, 09 Jul 2025₹24.6t₹27.5t₹1.0t23.4x23.7x0.9x
Fri, 06 Jun 2025₹22.8t₹27.5t₹1.0t26.3x22x0.8x
Sun, 04 May 2025₹22.6t₹27.6t₹1.0t22.6x21.9x0.8x
Tue, 01 Apr 2025₹20.3t₹27.4t₹1.0t16.7x20.1x0.7x
Thu, 27 Feb 2025₹19.0t₹27.4t₹1.0t20.5x18.8x0.7x
Sat, 25 Jan 2025₹18.7t₹23.0t₹940.2b24.5x19.9x0.8x
Mon, 23 Dec 2024₹19.7t₹27.4t₹1.0t24.2x18.8x0.7x
Wed, 20 Nov 2024₹20.0t₹27.4t₹1.0t20.8x19.2x0.7x
Fri, 18 Oct 2024₹23.5t₹27.4t₹1.3t12.4x17.7x0.9x
Sun, 15 Sep 2024₹25.2t₹27.4t₹1.3t13.9x18.8x0.9x
Tue, 13 Aug 2024₹24.9t₹27.4t₹1.3t13.2x18.6x0.9x
Thu, 11 Jul 2024₹26.4t₹27.2t₹1.6t12.1x16.4x1x
Sat, 08 Jun 2024₹24.7t₹27.2t₹1.6t10x15.4x0.9x
Mon, 06 May 2024₹24.5t₹27.3t₹1.6t13.1x15x0.9x
Wed, 03 Apr 2024₹23.9t₹26.9t₹1.7t9.5x14x0.9x
Fri, 01 Mar 2024₹23.4t₹26.9t₹1.7t9.1x13.8x0.9x
Sun, 28 Jan 2024₹21.3t₹27.0t₹1.7t7x12.6x0.8x
Tue, 26 Dec 2023₹19.8t₹26.9t₹1.6t6x12.6x0.7x
Thu, 23 Nov 2023₹18.2t₹26.9t₹1.6t5.2x11.5x0.7x
Sat, 21 Oct 2023₹17.2t₹27.5t₹1.2t16.5x14.5x0.6x
Mon, 18 Sep 2023₹18.3t₹27.5t₹1.2t12.6x15.3x0.7x
Wed, 16 Aug 2023₹19.0t₹27.5t₹1.2t11.7x15.9x0.7x
Fri, 14 Jul 2023₹20.2t₹28.2t₹778.7b19.8x26x0.7x
Price to Earnings Ratio

26x


Total Market Cap: ₹20.2tTotal Earnings: ₹778.7bTotal Revenue: ₹28.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Oil and Gas Refining and Marketing Industry Price to Earnings3Y Average 17x202420252026
Current Industry PE
  • Investors are pessimistic on the Indian Oil and Gas Refining and Marketing industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 13.0x which is lower than its 3-year average PE of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
  • The earnings for companies in the Oil and Gas Refining and Marketing industry have grown 30% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Comparison

How does Indian Oil and Gas Refining and Marketing compare with similar industries?

IN Market1.76%
Energy1.82%
Oil and Gas1.84%
Oil and Gas Refining and Marketing1.63%
Oil and Gas Storage and Transportation8.05%
Oil and Gas Exploration and Production4.66%
Integrated Oil and Gas4.21%
Coal and Fuels-2.44%
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?

CompanyLast Price7D1YValuation
RELIANCE Reliance Industries₹1.31k1.1%
+₹196.2b		-14.9%PE21.9x
BPCL Bharat Petroleum₹313.953.4%
+₹45.1b		-11.7%PE5.3x
IOC Indian Oil₹142.182.0%
+₹38.6b		-7.6%PE4.7x
HINDPETRO Hindustan Petroleum₹405.952.9%
+₹24.5b		-10.3%PE4.8x
TRUALT TruAlt Bioenergy₹456.850.7%
+₹291.6m		n/aPE40.8x

Latest News

500109
₹146.50
Mangalore Refinery and Petrochemicals
7D
-1.7%
1Y
1.1%
IOC
₹142.18
Indian Oil
7D
2.0%
1Y
-7.6%
HINDPETRO
₹405.95
Hindustan Petroleum
7D
2.9%
1Y
-10.3%
532435
₹51.36
Sanmit Infra
7D
-2.2%
1Y
-52.1%
KOTYARK
₹36.44
Kotyark Industries
7D
-11.2%
1Y
48.5%
BPCL
₹313.95
Bharat Petroleum
7D
3.4%
1Y
-11.7%
Narrative Update • Jun 23

BPCL: New Leadership And Steady Outlook Will Support Future Upside

Analysts have trimmed their price target for Bharat Petroleum slightly, with fair value moving from about ₹337 to around ₹333. This reflects minor adjustments to long term assumptions on profit margins and future P/E multiples, while keeping core growth and discount rate inputs broadly unchanged.
TRUALT
₹456.85
TruAlt Bioenergy
7D
0.7%
1Y
n/a
RELIANCE
₹1,308.40
Reliance Industries
7D
1.1%
1Y
-14.9%
Narrative Update • Jun 17

RELIANCE: Green Ammonia Agreement Will Support Future Stock Earnings Visibility

Analysts have nudged their fair value estimate for Reliance Industries slightly higher to about ₹1,699 from roughly ₹1,696, citing updated assumptions for revenue growth, profit margins and future P/E. These changes reflect a more constructive long term earnings outlook, while the discount rate remains unchanged.
GULFPETRO
₹39.64
GP Petroleums
7D
3.5%
1Y
-11.0%
544163
₹54.00
Greenhitech Ventures
7D
-1.8%
1Y
-56.5%
RAJPUTANA
₹203.00
Rajputana Biodiesel
7D
-4.0%
1Y
-12.3%
GODAVARIB
₹264.75
Godavari Biorefineries
7D
-8.0%
1Y
0.1%
NEPTUNE
₹189.80
Neptune Petrochemicals
7D
1.5%
1Y
35.7%
524514
₹55.99
Tulasee Bio-Ethanol
7D
-9.6%
1Y
n/a
500110
₹1,086.85
Chennai Petroleum
7D
-6.0%
1Y
48.0%