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Indian (NIFTY) Gas Utilities Industry Analysis
UpdatedJul 03, 2025
DataAggregated Company Financials
Companies8
- 7D4.8%
- 3M8.0%
- 1Y-17.1%
- YTDn/a
In the last week, the Gas Utilities industry is up 4.8%, with GAIL (India) up 3.7%. In the past year, the industry is down 17%. As for the next few years, earnings are forecast to decline by 1.5% 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 |
|---|---|---|---|---|---|---|
| Thu, 03 Jul 2025 | ₹3.0t | ₹2.0t | ₹181.8b | 17.5x | 16.4x | 1.5x |
| Sat, 31 May 2025 | ₹2.9t | ₹2.0t | ₹181.8b | 21.3x | 16.2x | 1.4x |
| Mon, 28 Apr 2025 | ₹2.8t | ₹2.0t | ₹185.3b | 19.1x | 14.9x | 1.4x |
| Wed, 26 Mar 2025 | ₹2.7t | ₹2.0t | ₹185.3b | 19.3x | 14.6x | 1.4x |
| Fri, 21 Feb 2025 | ₹2.6t | ₹2.0t | ₹185.3b | 19.2x | 14.1x | 1.3x |
| Sun, 19 Jan 2025 | ₹2.9t | ₹2.0t | ₹181.0b | 18.7x | 16.1x | 1.5x |
| Tue, 17 Dec 2024 | ₹3.1t | ₹2.0t | ₹181.0b | 19.7x | 17.2x | 1.6x |
| Thu, 14 Nov 2024 | ₹3.0t | ₹2.0t | ₹181.1b | 18x | 16.4x | 1.5x |
| Sat, 12 Oct 2024 | ₹3.6t | ₹2.0t | ₹181.6b | 19.5x | 19.6x | 1.8x |
| Mon, 09 Sep 2024 | ₹3.7t | ₹2.0t | ₹181.6b | 19.5x | 20.2x | 1.9x |
| Wed, 07 Aug 2024 | ₹3.6t | ₹1.9t | ₹180.1b | 19.3x | 20.1x | 1.9x |
| Fri, 05 Jul 2024 | ₹3.6t | ₹1.9t | ₹167.2b | 18.3x | 21.4x | 1.9x |
| Sun, 02 Jun 2024 | ₹3.5t | ₹1.9t | ₹167.2b | 15.6x | 20.9x | 1.8x |
| Tue, 30 Apr 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 17.1x | 23.4x | 1.8x |
| Thu, 28 Mar 2024 | ₹3.2t | ₹1.9t | ₹146.5b | 15.3x | 22x | 1.7x |
| Sat, 24 Feb 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.7x | 23.2x | 1.8x |
| Mon, 22 Jan 2024 | ₹3.3t | ₹1.9t | ₹116.6b | 20.7x | 28.2x | 1.7x |
| Wed, 20 Dec 2023 | ₹3.0t | ₹1.9t | ₹116.6b | 18x | 25.5x | 1.5x |
| Fri, 17 Nov 2023 | ₹2.3t | ₹1.9t | ₹116.6b | 15.7x | 19.5x | 1.2x |
| Sun, 15 Oct 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 20x | 23.5x | 1.2x |
| Tue, 12 Sep 2023 | ₹2.5t | ₹2.0t | ₹102.3b | 20.1x | 24.3x | 1.3x |
| Thu, 10 Aug 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 18.9x | 23.4x | 1.2x |
| Sat, 08 Jul 2023 | ₹2.4t | ₹2.1t | ₹117.6b | 17.5x | 20.3x | 1.2x |
| Mon, 05 Jun 2023 | ₹2.4t | ₹2.1t | ₹117.5b | 16.3x | 20x | 1.1x |
| Wed, 03 May 2023 | ₹2.7t | ₹2.0t | ₹146.0b | 17.7x | 18.3x | 1.3x |
| Fri, 31 Mar 2023 | ₹2.5t | ₹2.0t | ₹146.0b | 16.6x | 17.3x | 1.3x |
| Sun, 26 Feb 2023 | ₹2.4t | ₹2.0t | ₹146.0b | 15.8x | 16.5x | 1.2x |
| Tue, 24 Jan 2023 | ₹5.8t | ₹1.9t | ₹175.2b | 16.9x | 33.3x | 3.1x |
| Thu, 22 Dec 2022 | ₹5.4t | ₹1.9t | ₹175.2b | 17.1x | 31x | 2.9x |
| Sat, 19 Nov 2022 | ₹5.5t | ₹1.9t | ₹175.2b | 16.8x | 31.2x | 2.9x |
| Mon, 17 Oct 2022 | ₹4.7t | ₹1.7t | ₹189.6b | 14.8x | 24.9x | 2.8x |
| Wed, 14 Sep 2022 | ₹5.5t | ₹1.7t | ₹189.6b | 16.4x | 29x | 3.2x |
| Fri, 12 Aug 2022 | ₹5.1t | ₹1.7t | ₹189.6b | 15.7x | 26.8x | 3x |
| Sun, 10 Jul 2022 | ₹4.2t | ₹1.4t | ₹177.9b | 15.3x | 23.5x | 2.9x |
Price to Earnings Ratio
23.5x
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 16.4x which is lower than its 3-year average PE of 21.5x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.5x.
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 | 1.25% | |
| Utilities | 2.24% | |
| Gas Utilities | 4.82% | |
| Gas Utilities | 4.82% | |
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) | ₹190.76 | 3.7% +₹44.6b | -13.3% | PE10.1x | |
| ATGL Adani Total Gas | ₹663.20 | 4.6% +₹31.9b | -26.7% | PE111.5x | |
| GUJGASLTD Gujarat Gas | ₹499.40 | 9.3% +₹29.2b | -21.7% | PE29.9x | |
| IGL Indraprastha Gas | ₹220.72 | 5.5% +₹16.2b | -14.7% | PE18x | |
| GSPL Gujarat State Petronet | ₹335.05 | 4.7% +₹8.5b | 9.9% | PE17x |
