Solid Earnings May Not Tell The Whole Story For Coal India (NSE:COALINDIA)
May 09
Indian (NIFTY) Energy Sector Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies44
- 7D-2.4%
- 3M-1.5%
- 1Y34.4%
- YTD17.3%
Over the last 7 days, the Energy industry has dropped 3.7%, driven by Reliance Industries declining 3.3%. Over the past 12 months, the industry was up 34%. Earnings are forecast to grow by 5.0% annually.
Sector Valuation and Performance
Has the Indian Energy Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹32.3t | ₹35.5t | ₹2.6t | 21.5x | 12.5x | 0.9x |
| Sat, 06 Apr 2024 | ₹31.3t | ₹35.3t | ₹2.6t | 17.2x | 12.2x | 0.9x |
| Mon, 04 Mar 2024 | ₹31.9t | ₹35.3t | ₹2.6t | 16.4x | 12.4x | 0.9x |
| Wed, 31 Jan 2024 | ₹29.3t | ₹35.3t | ₹2.6t | 18.5x | 11.4x | 0.8x |
| Fri, 29 Dec 2023 | ₹26.7t | ₹35.3t | ₹2.4t | 13.8x | 10.9x | 0.8x |
| Sun, 26 Nov 2023 | ₹23.9t | ₹35.3t | ₹2.4t | 12.3x | 9.8x | 0.7x |
| Tue, 24 Oct 2023 | ₹22.4t | ₹36.2t | ₹2.0t | 15x | 11.1x | 0.6x |
| Thu, 21 Sep 2023 | ₹23.1t | ₹36.2t | ₹2.0t | 13.1x | 11.5x | 0.6x |
| Sat, 19 Aug 2023 | ₹23.6t | ₹36.2t | ₹2.0t | 12.5x | 11.7x | 0.7x |
| Mon, 17 Jul 2023 | ₹24.9t | ₹37.6t | ₹1.6t | 13.5x | 15.6x | 0.7x |
| Wed, 14 Jun 2023 | ₹23.1t | ₹37.6t | ₹1.6t | 12.9x | 14.5x | 0.6x |
| Fri, 12 May 2023 | ₹22.9t | ₹36.6t | ₹1.6t | 13.4x | 14.7x | 0.6x |
| Sun, 09 Apr 2023 | ₹21.5t | ₹36.4t | ₹1.5t | 12.6x | 13.9x | 0.6x |
| Tue, 07 Mar 2023 | ₹22.0t | ₹36.4t | ₹1.5t | 13.1x | 14.2x | 0.6x |
| Thu, 02 Feb 2023 | ₹21.3t | ₹35.7t | ₹1.5t | 16.2x | 13.8x | 0.6x |
| Sat, 31 Dec 2022 | ₹22.7t | ₹34.9t | ₹1.6t | 16.5x | 14.4x | 0.6x |
| Mon, 28 Nov 2022 | ₹23.0t | ₹34.9t | ₹1.6t | 15x | 14.6x | 0.7x |
| Wed, 26 Oct 2022 | ₹21.6t | ₹32.6t | ₹1.8t | 21.6x | 12x | 0.7x |
| Fri, 23 Sep 2022 | ₹21.8t | ₹32.0t | ₹1.8t | 21.3x | 12.2x | 0.7x |
| Sun, 21 Aug 2022 | ₹22.8t | ₹32.0t | ₹1.8t | 18.7x | 12.7x | 0.7x |
| Tue, 19 Jul 2022 | ₹21.1t | ₹28.2t | ₹1.8t | 11.7x | 11.8x | 0.7x |
| Thu, 16 Jun 2022 | ₹22.7t | ₹28.2t | ₹1.8t | 12.5x | 12.8x | 0.8x |
| Sat, 14 May 2022 | ₹22.6t | ₹26.1t | ₹1.8t | 15.8x | 12.3x | 0.9x |
| Mon, 11 Apr 2022 | ₹23.4t | ₹25.4t | ₹1.8t | 22.8x | 13.1x | 0.9x |
| Wed, 09 Mar 2022 | ₹20.9t | ₹25.4t | ₹1.8t | 16.1x | 11.7x | 0.8x |
| Fri, 04 Feb 2022 | ₹21.4t | ₹24.8t | ₹1.7t | 18.8x | 12.7x | 0.9x |
| Sun, 02 Jan 2022 | ₹21.0t | ₹22.7t | ₹1.6t | 16.1x | 12.9x | 0.9x |
| Tue, 30 Nov 2021 | ₹21.5t | ₹22.7t | ₹1.6t | 14.8x | 13.2x | 0.9x |
| Thu, 28 Oct 2021 | ₹23.6t | ₹21.6t | ₹1.5t | 18.2x | 15.9x | 1.1x |
| Sat, 25 Sep 2021 | ₹21.8t | ₹21.0t | ₹1.4t | 18.9x | 15.6x | 1x |
| Mon, 23 Aug 2021 | ₹19.2t | ₹21.0t | ₹1.4t | 16.3x | 13.8x | 0.9x |
| Sat, 10 Jul 2021 | ₹19.2t | ₹21.0t | ₹1.4t | 18.9x | 13.8x | 0.9x |
Price to Earnings Ratio
15.2x
Current Industry PE
- Investors are relatively neutral on the Indian Energy industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 13.1x.
- The industry is trading close to its 3-year average PS ratio of 0.79x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 26% per year over the last three years.
- Revenues for these companies have grown 25% 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 sector?
| IN Market | -1.48% | |
| Energy | -2.40% | |
| Energy Services | 2.88% | |
| Oil and Gas | -2.42% | |
Industry PE
- Investors are most optimistic about the Energy Services industry, which is trading close to its 3-year average PE ratio of 16.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Oil and Gas industry, which is trading close to its 3-year average of 13.1x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 5.0% over the next 5 years.
- However this is lower than its past earnings growth rate of 9.0% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 5.0% 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 | |
|---|---|---|---|---|---|
| COALINDIA Coal India | ₹464.45 | 2.2% +₹62.6b | 96.3% | PE7.7x | |
| HINDPETRO Hindustan Petroleum | ₹523.20 | 5.6% +₹39.4b | 104.3% | PE4.4x | |
| BPCL Bharat Petroleum | ₹620.30 | 2.1% +₹28.1b | 66.7% | PE4.6x | |
| OIL Oil India | ₹640.65 | 1.6% +₹11.1b | 147.5% | PE11.7x | |
| 522261 Dolphin Offshore Enterprises (India) | ₹582.65 | 27.6% +₹5.0b | n/a | PE50.2x |
