Oil India (NSE:OIL) Has A Somewhat Strained Balance Sheet
Sep 19
Indian (NIFTY) Energy Sector Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies41
- 7D-1.6%
- 3M-5.6%
- 1Y0.7%
- YTD-2.3%
Over the last 7 days, the Energy industry has dropped 1.6%, driven by a pullback from Petronet LNG of 8.3%. As for the longer term, the industry's performance has been flat for the past year. Looking forward, earnings are forecast to grow by 6.2% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ₹22.4t | ₹36.0t | ₹2.1t | 15.4x | 10.5x | 0.6x |
| Thu, 28 Sep 2023 | ₹23.0t | ₹36.2t | ₹2.0t | 13.3x | 11.5x | 0.6x |
| Sat, 26 Aug 2023 | ₹23.1t | ₹36.2t | ₹2.0t | 12x | 11.5x | 0.6x |
| Mon, 24 Jul 2023 | ₹23.7t | ₹37.4t | ₹1.6t | 13.5x | 15x | 0.6x |
| Wed, 21 Jun 2023 | ₹23.4t | ₹37.6t | ₹1.6t | 13.1x | 14.7x | 0.6x |
| Fri, 19 May 2023 | ₹22.6t | ₹38.1t | ₹1.6t | 12.2x | 14x | 0.6x |
| Sun, 16 Apr 2023 | ₹21.7t | ₹36.4t | ₹1.5t | 12.4x | 14x | 0.6x |
| Tue, 14 Mar 2023 | ₹21.1t | ₹36.4t | ₹1.5t | 12.8x | 13.6x | 0.6x |
| Thu, 09 Feb 2023 | ₹21.1t | ₹36.1t | ₹1.5t | 16.9x | 13.7x | 0.6x |
| Sat, 07 Jan 2023 | ₹22.6t | ₹34.9t | ₹1.6t | 15.7x | 14.4x | 0.6x |
| Mon, 05 Dec 2022 | ₹23.7t | ₹34.9t | ₹1.6t | 19.4x | 15.1x | 0.7x |
| Wed, 02 Nov 2022 | ₹22.3t | ₹33.6t | ₹1.7t | 17.4x | 13x | 0.7x |
| Fri, 30 Sep 2022 | ₹20.6t | ₹32.0t | ₹1.8t | 22.8x | 11.5x | 0.6x |
| Sun, 28 Aug 2022 | ₹22.9t | ₹32.0t | ₹1.8t | 21.1x | 12.8x | 0.7x |
| Tue, 26 Jul 2022 | ₹21.3t | ₹29.0t | ₹1.8t | 12.5x | 11.6x | 0.7x |
| Thu, 23 Jun 2022 | ₹21.7t | ₹28.2t | ₹1.8t | 11.7x | 12.2x | 0.8x |
| Sat, 21 May 2022 | ₹23.2t | ₹27.2t | ₹1.8t | 13.7x | 12.6x | 0.9x |
| Mon, 18 Apr 2022 | ₹24.1t | ₹25.4t | ₹1.8t | 22.1x | 13.5x | 0.9x |
| Wed, 16 Mar 2022 | ₹21.4t | ₹25.4t | ₹1.8t | 16.5x | 11.9x | 0.8x |
| Fri, 11 Feb 2022 | ₹21.7t | ₹24.9t | ₹1.7t | 17.3x | 12.8x | 0.9x |
| Sun, 09 Jan 2022 | ₹21.8t | ₹22.7t | ₹1.6t | 18.7x | 13.4x | 1x |
| Tue, 07 Dec 2021 | ₹21.0t | ₹22.7t | ₹1.6t | 15.2x | 12.9x | 0.9x |
| Thu, 04 Nov 2021 | ₹22.2t | ₹22.4t | ₹1.5t | 18.4x | 14.8x | 1x |
| Sat, 02 Oct 2021 | ₹22.6t | ₹21.0t | ₹1.4t | 19x | 16.2x | 1.1x |
| Mon, 30 Aug 2021 | ₹20.1t | ₹21.0t | ₹1.4t | 17.3x | 14.5x | 1x |
| Tue, 06 Jul 2021 | ₹19.2t | ₹21.0t | ₹1.4t | 18.9x | 13.8x | 0.9x |
| Fri, 09 Apr 2021 | ₹17.8t | ₹18.1t | ₹1.3t | 15.8x | 13.9x | 1x |
| Thu, 31 Dec 2020 | ₹17.4t | ₹17.8t | ₹736.7b | 17.1x | 23.7x | 1x |
Price to Earnings Ratio
21.9x
Current Industry PE
- Investors are pessimistic on the Indian Energy 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 10.5x which is lower than its 3-year average PE of 14.6x.
- The industry is trading close to its 3-year average PS ratio of 0.81x.
Past Earnings Growth
- The earnings for companies in the Energy industry have grown 40% 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 | -2.60% | |
| Energy | -1.61% | |
| Oil and Gas | -1.60% | |
| Energy Services | -4.48% | |
Industry PE
- Investors are most optimistic about the Energy Services industry even though it's trading below its 3-year average PE ratio of 14.3x.
- 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 below its 3-year average of 14.6x.
Forecasted Growth
- Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 6.2% over the next 5 years.
- However this is lower than its past earnings growth rate of 21% per year.
- In contrast, the Oil and Gas industry is expected to see its earnings grow by 6.2% 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 | |
|---|---|---|---|---|---|
| RELIANCE Reliance Industries | ₹2.31k | 2.2% +₹313.2b | -9.3% | PE21.5x | |
| COALINDIA Coal India | ₹314.55 | 2.8% +₹52.1b | 27.9% | PE7.1x | |
| ONGC Oil and Natural Gas | ₹188.80 | 2.1% +₹49.7b | 40.8% | PE6.3x | |
| 500109 Mangalore Refinery and Petrochemicals | ₹105.80 | 10.3% +₹17.4b | 95.6% | PE19.4x | |
| 500110 Chennai Petroleum | ₹582.60 | 11.9% +₹9.2b | 179.2% | PE3x |
