With EPS Growth And More, Reliance Industries (NSE:RELIANCE) Makes An Interesting Case
Aug 06
Have your own idea? Try our Stock Screener
Indian (NIFTY) Oil and Gas Industry Analysis
UpdatedAug 09, 2025
DataAggregated Company Financials
Companies32
- 7D-1.1%
- 3M-0.08%
- 1Y-13.8%
- YTD6.4%
Over the last 7 days, the Oil and Gas industry has dropped 1.1%, driven by a pullback from Oil and Natural Gas of 1.4%. The industry has fallen 14% in the last year. Looking forward, earnings are forecast to grow by 10% annually.
Industry Valuation and Performance
Has the Indian Oil and Gas Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 Aug 2025 | ₹30.5t | ₹36.5t | ₹2.0t | 17.1x | 15.1x | 0.8x |
| Mon, 07 Jul 2025 | ₹32.0t | ₹36.5t | ₹1.9t | 20.2x | 16.8x | 0.9x |
| Wed, 04 Jun 2025 | ₹29.9t | ₹36.5t | ₹1.9t | 19.2x | 15.7x | 0.8x |
| Fri, 02 May 2025 | ₹29.5t | ₹36.0t | ₹1.9t | 16x | 15.4x | 0.8x |
| Sun, 30 Mar 2025 | ₹27.5t | ₹35.8t | ₹1.9t | 16.6x | 14.5x | 0.8x |
| Tue, 25 Feb 2025 | ₹26.0t | ₹35.8t | ₹1.9t | 20.3x | 13.7x | 0.7x |
| Thu, 23 Jan 2025 | ₹27.9t | ₹36.0t | ₹2.0t | 20.5x | 14x | 0.8x |
| Sat, 21 Dec 2024 | ₹26.9t | ₹35.9t | ₹2.0t | 20.8x | 13.5x | 0.7x |
| Mon, 18 Nov 2024 | ₹28.0t | ₹35.9t | ₹2.0t | 21.1x | 14.1x | 0.8x |
| Wed, 16 Oct 2024 | ₹32.1t | ₹36.4t | ₹2.3t | 16.7x | 13.9x | 0.9x |
| Fri, 13 Sep 2024 | ₹34.2t | ₹36.3t | ₹2.3t | 17.9x | 14.7x | 0.9x |
| Sun, 11 Aug 2024 | ₹34.8t | ₹36.3t | ₹2.3t | 16.3x | 15x | 1x |
| Tue, 09 Jul 2024 | ₹35.5t | ₹36.0t | ₹2.6t | 14x | 13.5x | 1x |
| Thu, 06 Jun 2024 | ₹31.5t | ₹36.0t | ₹2.6t | 12.9x | 12x | 0.9x |
| Sat, 04 May 2024 | ₹32.8t | ₹35.5t | ₹2.6t | 14x | 12.7x | 0.9x |
| Mon, 01 Apr 2024 | ₹31.3t | ₹35.3t | ₹2.6t | 11.3x | 12.3x | 0.9x |
| Wed, 28 Feb 2024 | ₹31.6t | ₹35.3t | ₹2.6t | 12x | 12.4x | 0.9x |
| Fri, 26 Jan 2024 | ₹28.0t | ₹35.3t | ₹2.5t | 11x | 11x | 0.8x |
| Sun, 24 Dec 2023 | ₹25.9t | ₹35.3t | ₹2.4t | 9.5x | 10.6x | 0.7x |
| Tue, 21 Nov 2023 | ₹23.7t | ₹35.3t | ₹2.4t | 9.5x | 9.7x | 0.7x |
| Thu, 19 Oct 2023 | ₹22.9t | ₹36.2t | ₹2.0t | 11.6x | 11.5x | 0.6x |
| Sat, 16 Sep 2023 | ₹23.5t | ₹36.2t | ₹2.0t | 11.2x | 11.7x | 0.6x |
| Mon, 14 Aug 2023 | ₹23.6t | ₹36.2t | ₹2.0t | 11.4x | 11.8x | 0.7x |
| Wed, 12 Jul 2023 | ₹25.0t | ₹37.5t | ₹1.6t | 13.8x | 15.7x | 0.7x |
| Fri, 09 Jun 2023 | ₹22.8t | ₹37.5t | ₹1.6t | 12.7x | 14.4x | 0.6x |
| Sun, 07 May 2023 | ₹22.5t | ₹36.5t | ₹1.6t | 10.6x | 14.4x | 0.6x |
| Tue, 04 Apr 2023 | ₹21.3t | ₹36.4t | ₹1.5t | 10.6x | 13.8x | 0.6x |
| Thu, 02 Mar 2023 | ₹21.3t | ₹36.2t | ₹1.5t | 9.6x | 13.9x | 0.6x |
| Sat, 28 Jan 2023 | ₹21.4t | ₹35.2t | ₹1.6t | 10.3x | 13.6x | 0.6x |
| Mon, 26 Dec 2022 | ₹22.0t | ₹34.8t | ₹1.6t | 11.1x | 14x | 0.6x |
| Wed, 23 Nov 2022 | ₹22.4t | ₹34.8t | ₹1.6t | 11x | 14.2x | 0.6x |
| Fri, 21 Oct 2022 | ₹21.9t | ₹32.0t | ₹1.8t | 17.6x | 12.2x | 0.7x |
| Sun, 18 Sep 2022 | ₹22.0t | ₹32.0t | ₹1.8t | 17x | 12.3x | 0.7x |
| Tue, 16 Aug 2022 | ₹23.0t | ₹32.0t | ₹1.8t | 15.4x | 12.8x | 0.7x |
Price to Earnings Ratio
12.8x
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 15.1x which is higher than its 3-year average PE of 13.4x.
- 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 grown 4.0% per year over the last three years.
- Revenues for these companies have grown 4.5% 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 | -0.99% | |
| Energy | -1.05% | |
| Oil and Gas | -1.05% | |
| Coal and Fuels | 2.08% | |
| Oil and Gas Storage and Transportation | 0.95% | |
| Oil and Gas Exploration and Production | -0.23% | |
| Integrated Oil and Gas | -1.41% | |
| Oil and Gas Refining and Marketing | -1.48% | |
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 19.3x.
- Analysts are expecting annual earnings growth of 10.8%, which is higher than its past year's earnings decline of 0.8% per year.
- Investors are most pessimistic about the Coal and Fuels industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 6.9x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings decline of 1.5% per year.
- In contrast, the Coal and Fuels industry is expected to see its earnings grow by 4.0% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RELIANCE Reliance Industries | ₹1.37k | -1.9% ₹800.2b | -7.2% | PE22.7x | |
| COALINDIA Coal India | ₹379.70 | 1.9% +₹215.2b | -28.3% | PE7.6x | |
| AEGISVOPAK Aegis Vopak Terminals | ₹246.87 | 7.8% +₹19.9b | n/a | PE183.4x | |
| HINDPETRO Hindustan Petroleum | ₹409.50 | 1.4% +₹12.1b | 8.7% | PE8.5x | |
| BPCL Bharat Petroleum | ₹319.45 | 0.5% +₹6.9b | -4.2% | PE10.4x |