Indian (NIFTY) Energy Services Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies15
- 7D2.9%
- 3M13.8%
- 1Y70.8%
- YTD24.3%
Over the last 7 days, the Energy Services industry has risen 2.9%, driven by gains from Dolphin Offshore Enterprises (India) of 28%. During this same period, the Seamec underperformed, falling 6.7%. In the last 12 months, the industry was up 71%.
Industry Valuation and Performance
Has the Indian Energy Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹141.3b | ₹26.7b | ₹9.1b | 41.4x | 15.5x | 5.3x |
| Sat, 06 Apr 2024 | ₹122.7b | ₹25.7b | ₹8.9b | 26.1x | 13.8x | 4.8x |
| Mon, 04 Mar 2024 | ₹118.6b | ₹25.2b | ₹8.8b | 26.6x | 13.5x | 4.7x |
| Wed, 31 Jan 2024 | ₹120.6b | ₹27.6b | ₹6.5b | 28.9x | 18.6x | 4.4x |
| Fri, 29 Dec 2023 | ₹109.3b | ₹26.7b | ₹6.2b | 28.9x | 17.7x | 4.1x |
| Sun, 26 Nov 2023 | ₹101.6b | ₹26.7b | ₹6.2b | 25x | 16.5x | 3.8x |
| Tue, 24 Oct 2023 | ₹85.2b | ₹21.7b | ₹7.7b | 20.5x | 11.1x | 3.9x |
| Thu, 21 Sep 2023 | ₹83.1b | ₹21.7b | ₹7.7b | 17.7x | 10.8x | 3.8x |
| Sat, 19 Aug 2023 | ₹76.5b | ₹21.7b | ₹7.3b | 17.2x | 10.5x | 3.5x |
| Mon, 17 Jul 2023 | ₹74.2b | ₹25.4b | ₹7.0b | 13.3x | 10.5x | 2.9x |
| Wed, 14 Jun 2023 | ₹67.0b | ₹25.1b | ₹7.2b | 12.8x | 9.3x | 2.7x |
| Fri, 12 May 2023 | ₹63.3b | ₹20.5b | ₹3.0b | 16.9x | 21x | 3.1x |
| Sun, 09 Apr 2023 | ₹57.2b | ₹20.5b | ₹3.0b | 14.8x | 19x | 2.8x |
| Tue, 07 Mar 2023 | ₹55.3b | ₹20.5b | ₹3.0b | 14.8x | 18.4x | 2.7x |
| Thu, 02 Feb 2023 | ₹58.4b | ₹24.6b | ₹3.2b | 17x | 18.1x | 2.4x |
| Sat, 31 Dec 2022 | ₹64.6b | ₹24.4b | ₹3.3b | 18.7x | 19.5x | 2.7x |
| Mon, 28 Nov 2022 | ₹65.5b | ₹24.4b | ₹3.3b | 18.2x | 19.8x | 2.7x |
| Wed, 26 Oct 2022 | ₹73.2b | ₹24.5b | ₹3.8b | 21.6x | 19.1x | 3x |
| Fri, 23 Sep 2022 | ₹71.5b | ₹24.1b | ₹3.5b | 25.1x | 20.2x | 3x |
| Sun, 21 Aug 2022 | ₹57.3b | ₹24.1b | ₹3.5b | 22.5x | 16.2x | 2.4x |
| Tue, 19 Jul 2022 | ₹60.7b | ₹29.5b | -₹18,132,153,000.00 | 14.4x | -3.3x | 2.1x |
| Thu, 16 Jun 2022 | ₹64.1b | ₹29.5b | -₹18,132,261,000.00 | 14.6x | -3.5x | 2.2x |
| Sat, 14 May 2022 | ₹59.5b | ₹24.3b | ₹3.8b | 12.4x | 15.5x | 2.4x |
| Mon, 11 Apr 2022 | ₹79.6b | ₹24.0b | ₹3.7b | 15.1x | 21.8x | 3.3x |
| Wed, 09 Mar 2022 | ₹63.6b | ₹24.0b | ₹3.7b | 13.3x | 17.4x | 2.7x |
| Fri, 04 Feb 2022 | ₹70.0b | ₹23.3b | ₹4.7b | 16.3x | 14.8x | 3x |
| Sun, 02 Jan 2022 | ₹66.2b | ₹23.0b | ₹4.2b | 15.8x | 15.7x | 2.9x |
| Tue, 30 Nov 2021 | ₹60.0b | ₹23.0b | ₹4.2b | 14.7x | 14.2x | 2.6x |
| Thu, 28 Oct 2021 | ₹67.7b | ₹21.4b | ₹3.4b | 23.9x | 19.9x | 3.2x |
| Sat, 25 Sep 2021 | ₹67.0b | ₹19.2b | ₹2.5b | 23.4x | 26.8x | 3.5x |
| Mon, 23 Aug 2021 | ₹50.5b | ₹20.8b | ₹2.4b | 16.9x | 20.9x | 2.4x |
| Sat, 10 Jul 2021 | ₹44.4b | ₹20.8b | ₹2.4b | 18.9x | 18.4x | 2.1x |
Price to Earnings Ratio
27.6x
Current Industry PE
- Investors are relatively neutral on the Indian Energy Services 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 16.3x.
- The 3-year average PS ratio of 3.1x is lower than the industry's current PS ratio of 5.3x.
Past Earnings Growth
- The earnings for companies in the Energy Services industry have grown 83% per year over the last three years.
- Revenues for these companies have grown 12% 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 | -1.48% | |
| Energy | -2.40% | |
| Energy Services | 2.88% | |
| Oil and Gas Services | 3.59% | |
| Oil and Gas Drilling | -0.42% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio of 14.2x.
- 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 Services industry, which is trading below its 3-year average of 18.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 522261 Dolphin Offshore Enterprises (India) | ₹611.75 | 27.6% +₹5.3b | n/a | PE52.7x | |
| PRATHAM Pratham EPC Projects | ₹311.45 | 18.4% +₹859.6m | n/a | PE72.3x | |
| DEEPINDS Deep Industries | ₹291.60 | 4.7% +₹844.8m | 78.5% | PE12.2x | |
| 523204 Aban Offshore | ₹66.02 | 0.2% +₹6.4m | 69.7% | PS1x |