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Indian (NIFTY) Gas Utilities Industry Analysis
UpdatedMay 27, 2025
DataAggregated Company Financials
Companies8
- 7D-0.4%
- 3M15.9%
- 1Y-13.8%
- YTDn/a
The Gas Utilities industry has been flat over the last week, but Gujarat State Petronet has lost 5.1%. Unfortunately though, the industry is down 15% over the past 12 months. Looking forward, earnings are forecast to decline by 1.7% per year.
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 |
|---|---|---|---|---|---|---|
| Tue, 27 May 2025 | ₹2.9t | ₹2.1t | ₹181.8b | 21.3x | 16.2x | 1.4x |
| Thu, 24 Apr 2025 | ₹2.9t | ₹2.0t | ₹185.3b | 19.9x | 15.4x | 1.4x |
| Sat, 22 Mar 2025 | ₹2.7t | ₹2.0t | ₹185.3b | 19.4x | 14.7x | 1.4x |
| Mon, 17 Feb 2025 | ₹2.5t | ₹2.0t | ₹185.3b | 18.3x | 13.6x | 1.3x |
| Wed, 15 Jan 2025 | ₹2.9t | ₹2.0t | ₹181.0b | 18.8x | 15.8x | 1.5x |
| Fri, 13 Dec 2024 | ₹3.1t | ₹2.0t | ₹181.0b | 19.6x | 17.3x | 1.6x |
| Sun, 10 Nov 2024 | ₹3.2t | ₹2.0t | ₹181.1b | 19.2x | 17.5x | 1.6x |
| Tue, 08 Oct 2024 | ₹3.5t | ₹2.0t | ₹181.6b | 19.5x | 19.3x | 1.8x |
| Thu, 05 Sep 2024 | ₹3.7t | ₹2.0t | ₹181.6b | 19.8x | 20.6x | 1.9x |
| Sat, 03 Aug 2024 | ₹3.8t | ₹1.9t | ₹180.1b | 19.4x | 21x | 1.9x |
| Mon, 01 Jul 2024 | ₹3.6t | ₹1.9t | ₹167.2b | 17.8x | 21.3x | 1.9x |
| Wed, 29 May 2024 | ₹3.4t | ₹1.9t | ₹167.2b | 16.7x | 20.2x | 1.8x |
| Fri, 26 Apr 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 17x | 23.2x | 1.8x |
| Sun, 24 Mar 2024 | ₹3.2t | ₹1.9t | ₹146.5b | 14.8x | 21.7x | 1.7x |
| Tue, 20 Feb 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.8x | 23.2x | 1.8x |
| Thu, 18 Jan 2024 | ₹3.2t | ₹1.9t | ₹116.6b | 20.4x | 27.4x | 1.7x |
| Sat, 16 Dec 2023 | ₹3.0t | ₹1.9t | ₹116.6b | 18.1x | 25.7x | 1.6x |
| Mon, 13 Nov 2023 | ₹2.3t | ₹1.9t | ₹116.6b | 15.7x | 19.4x | 1.2x |
| Wed, 11 Oct 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 19.3x | 23.1x | 1.2x |
| Fri, 08 Sep 2023 | ₹2.5t | ₹2.0t | ₹102.3b | 19.9x | 24x | 1.2x |
| Sun, 06 Aug 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 18.6x | 23.1x | 1.2x |
| Tue, 04 Jul 2023 | ₹2.4t | ₹2.1t | ₹117.6b | 17.1x | 20.1x | 1.1x |
| Thu, 01 Jun 2023 | ₹2.4t | ₹2.1t | ₹117.5b | 16.9x | 20.3x | 1.2x |
| Sat, 29 Apr 2023 | ₹2.7t | ₹2.0t | ₹146.0b | 17.7x | 18.3x | 1.3x |
| Mon, 27 Mar 2023 | ₹2.7t | ₹2.0t | ₹146.0b | 16.3x | 18.3x | 1.3x |
| Wed, 22 Feb 2023 | ₹2.5t | ₹2.0t | ₹146.0b | 15.9x | 17x | 1.2x |
| Fri, 20 Jan 2023 | ₹5.7t | ₹1.9t | ₹175.2b | 16.5x | 32.6x | 3x |
| Sun, 18 Dec 2022 | ₹5.5t | ₹1.9t | ₹175.2b | 16.9x | 31.3x | 2.9x |
| Tue, 15 Nov 2022 | ₹5.7t | ₹1.9t | ₹175.2b | 16.6x | 32.5x | 3x |
| Thu, 13 Oct 2022 | ₹4.9t | ₹1.7t | ₹189.6b | 14.2x | 25.7x | 2.9x |
| Sat, 10 Sep 2022 | ₹5.5t | ₹1.7t | ₹189.6b | 16.1x | 28.9x | 3.2x |
| Mon, 08 Aug 2022 | ₹5.0t | ₹1.7t | ₹187.5b | 15x | 26.8x | 3x |
| Wed, 06 Jul 2022 | ₹4.0t | ₹1.4t | ₹177.9b | 14.7x | 22.4x | 2.8x |
| Fri, 03 Jun 2022 | ₹4.1t | ₹1.4t | ₹177.9b | 15x | 23x | 2.9x |
Price to Earnings Ratio
23x
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 16.1x which is lower than its 3-year average PE of 21.7x.
- The 3-year average PS ratio of 1.8x 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 13% 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 Comparison
How does Indian Gas Utilities compare with similar industries?
| IN Market | 0.18% | |
| Utilities | -0.45% | |
| Gas Utilities | -0.35% | |
| Gas Utilities | -0.35% | |
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 | |
|---|---|---|---|---|---|
| GAIL GAIL (India) | ₹193.15 | 1.9% +₹24.1b | -4.6% | PE10.2x |
