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Indian (NIFTY) Gas Utilities Industry Analysis
UpdatedFeb 01, 2025
DataAggregated Company Financials
Companies8
- 7D0.9%
- 3M-10.0%
- 1Y-15.5%
- YTD-7.5%
Over the last 7 days, the Gas Utilities industry has dropped 4.4%, driven by Gujarat Gas declining 1.8%. In contrast, Indraprastha Gas has gained 5.3%. However, the industry is down 17% over the past year. As for the next few years, earnings are expected to grow by 2.3% per annum.
Industry Valuation and Performance
Has the Indian Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 01 Feb 2025 | ₹2.8t | ₹2.0t | ₹187.1b | 18.5x | 15.2x | 1.4x |
| Mon, 30 Dec 2024 | ₹3.0t | ₹2.0t | ₹181.0b | 18.7x | 16.4x | 1.5x |
| Wed, 27 Nov 2024 | ₹2.8t | ₹2.0t | ₹181.0b | 18.3x | 15.4x | 1.4x |
| Fri, 25 Oct 2024 | ₹3.3t | ₹2.0t | ₹181.6b | 15.4x | 18x | 1.7x |
| Sun, 22 Sep 2024 | ₹3.5t | ₹2.0t | ₹181.6b | 19.4x | 19.3x | 1.8x |
| Tue, 20 Aug 2024 | ₹3.7t | ₹2.0t | ₹181.6b | 19.7x | 20.3x | 1.9x |
| Thu, 18 Jul 2024 | ₹3.7t | ₹1.9t | ₹167.2b | 19.1x | 22.3x | 1.9x |
| Sat, 15 Jun 2024 | ₹3.6t | ₹1.9t | ₹167.2b | 17x | 21.6x | 1.9x |
| Mon, 13 May 2024 | ₹3.2t | ₹1.9t | ₹148.8b | 15.7x | 21.6x | 1.7x |
| Wed, 10 Apr 2024 | ₹3.5t | ₹1.9t | ₹146.5b | 17.1x | 23.9x | 1.8x |
| Fri, 08 Mar 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.4x | 23.3x | 1.8x |
| Sun, 04 Feb 2024 | ₹3.4t | ₹1.9t | ₹147.6b | 16x | 22.7x | 1.8x |
| Tue, 02 Jan 2024 | ₹3.1t | ₹1.9t | ₹116.6b | 20.7x | 26.9x | 1.6x |
| Thu, 30 Nov 2023 | ₹2.5t | ₹1.9t | ₹116.6b | 15.7x | 21.3x | 1.3x |
| Sat, 28 Oct 2023 | ₹2.2t | ₹2.0t | ₹103.0b | 18.7x | 21.2x | 1.1x |
| Mon, 25 Sep 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 19.1x | 23.3x | 1.2x |
| Wed, 23 Aug 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 18.5x | 23.3x | 1.2x |
| Fri, 21 Jul 2023 | ₹2.4t | ₹2.1t | ₹117.6b | 17.2x | 20.1x | 1.2x |
| Sun, 18 Jun 2023 | ₹2.4t | ₹2.1t | ₹117.5b | 16.5x | 20.2x | 1.2x |
| Tue, 16 May 2023 | ₹2.5t | ₹2.0t | ₹145.7b | 17.1x | 17.4x | 1.2x |
| Thu, 13 Apr 2023 | ₹2.7t | ₹2.0t | ₹146.0b | 17.5x | 18.2x | 1.3x |
| Sat, 11 Mar 2023 | ₹2.7t | ₹2.0t | ₹146.0b | 16.7x | 18.4x | 1.4x |
| Mon, 06 Feb 2023 | ₹3.2t | ₹2.0t | ₹142.2b | 15.2x | 22.8x | 1.6x |
| Wed, 04 Jan 2023 | ₹5.5t | ₹1.9t | ₹175.2b | 16.4x | 31.2x | 2.9x |
| Fri, 02 Dec 2022 | ₹5.5t | ₹1.9t | ₹175.2b | 17.1x | 31.3x | 2.9x |
| Sun, 30 Oct 2022 | ₹5.2t | ₹1.7t | ₹189.6b | 15.9x | 27.6x | 3.1x |
| Tue, 27 Sep 2022 | ₹5.1t | ₹1.7t | ₹189.6b | 14.9x | 26.8x | 3x |
| Thu, 25 Aug 2022 | ₹5.2t | ₹1.7t | ₹189.6b | 16.1x | 27.4x | 3.1x |
| Sat, 23 Jul 2022 | ₹4.6t | ₹1.4t | ₹177.9b | 15.1x | 25.7x | 3.2x |
| Mon, 20 Jun 2022 | ₹3.7t | ₹1.4t | ₹177.9b | 13.7x | 20.7x | 2.6x |
| Wed, 18 May 2022 | ₹4.3t | ₹1.3t | ₹167.7b | 15.7x | 25.7x | 3.3x |
| Fri, 15 Apr 2022 | ₹4.4t | ₹1.3t | ₹168.0b | 15.5x | 26.1x | 3.5x |
| Sun, 13 Mar 2022 | ₹3.3t | ₹1.3t | ₹168.0b | 14.6x | 19.9x | 2.7x |
| Tue, 08 Feb 2022 | ₹3.7t | ₹1.1t | ₹155.2b | 14.4x | 23.7x | 3.3x |
Price to Earnings Ratio
23.7x
Current Industry PE
- Investors are pessimistic on the Indian Gas Utilities 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 15.4x which is lower than its 3-year average PE of 22.6x.
- The 3-year average PS ratio of 2.0x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 4.7% per year over the last three years.
- Revenues for these companies have grown 22% 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 Utilities industry?
| IN Market | 0.93% | |
| Utilities | 0.12% | |
| Gas Utilities | 0.88% | |
| Gas Utilities | 0.88% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| IGL Indraprastha Gas | ₹201.80 | 5.3% +₹14.2b | -9.3% | PE16.7x | |
| MGL Mahanagar Gas | ₹1.38k | 7.9% +₹10.0b | -6.6% | PE13x | |
| GAIL GAIL (India) | ₹177.12 | 0.7% +₹8.4b | -0.4% | PE9.4x | |
| ATGL Adani Total Gas | ₹643.10 | 0.2% +₹1.8b | -35.6% | PE105.9x |