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Oct 27
Indian (NIFTY) Energy Services Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies13
- 7D-4.5%
- 3M14.6%
- 1Y15.8%
- YTD29.7%
Over the last 7 days, the Energy Services industry has dropped 4.5%, driven by a pullback from Asian Energy Services of 4.8%. On the other hand Jindal Drilling & Industries is actually up 11%. Over the past 12 months, the industry was up 16%.
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 |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹87.0b | ₹21.7b | ₹7.7b | 21.3x | 11.3x | 4x |
| Wed, 27 Sep 2023 | ₹84.3b | ₹21.7b | ₹7.7b | 19.2x | 11x | 3.9x |
| Fri, 25 Aug 2023 | ₹76.7b | ₹21.7b | ₹7.7b | 15.9x | 10x | 3.5x |
| Sun, 23 Jul 2023 | ₹75.7b | ₹25.4b | ₹7.0b | 13.3x | 10.7x | 3x |
| Tue, 20 Jun 2023 | ₹65.9b | ₹26.5b | ₹7.2b | 13.3x | 9.1x | 2.5x |
| Thu, 18 May 2023 | ₹62.7b | ₹20.5b | ₹3.0b | 16.2x | 20.8x | 3.1x |
| Sat, 15 Apr 2023 | ₹60.1b | ₹20.5b | ₹3.0b | 14.9x | 19.9x | 2.9x |
| Mon, 13 Mar 2023 | ₹60.5b | ₹20.5b | ₹3.0b | 14.5x | 20.1x | 3x |
| Wed, 08 Feb 2023 | ₹58.9b | ₹24.9b | ₹3.3b | 18x | 17.9x | 2.4x |
| Fri, 06 Jan 2023 | ₹65.0b | ₹24.4b | ₹3.3b | 19.2x | 19.6x | 2.7x |
| Sun, 04 Dec 2022 | ₹67.2b | ₹24.4b | ₹3.3b | 20.1x | 20.3x | 2.8x |
| Tue, 01 Nov 2022 | ₹71.1b | ₹24.5b | ₹3.8b | 19.2x | 18.6x | 2.9x |
| Thu, 29 Sep 2022 | ₹65.3b | ₹24.1b | ₹3.5b | 21.8x | 18.4x | 2.7x |
| Sat, 27 Aug 2022 | ₹65.4b | ₹24.1b | ₹3.5b | 21.1x | 18.5x | 2.7x |
| Mon, 25 Jul 2022 | ₹62.2b | ₹29.5b | -₹18,132,153,000.00 | 15x | -3.4x | 2.1x |
| Wed, 22 Jun 2022 | ₹59.9b | ₹29.5b | -₹18,132,261,000.00 | 14.2x | -3.3x | 2x |
| Fri, 20 May 2022 | ₹61.8b | ₹24.3b | ₹3.8b | 11.9x | 16.1x | 2.5x |
| Sun, 17 Apr 2022 | ₹77.5b | ₹24.0b | ₹3.7b | 16.2x | 21.2x | 3.2x |
| Tue, 15 Mar 2022 | ₹67.8b | ₹24.0b | ₹3.7b | 13.5x | 18.5x | 2.8x |
| Thu, 10 Feb 2022 | ₹73.7b | ₹23.0b | ₹4.0b | 14.9x | 18.4x | 3.2x |
| Sat, 08 Jan 2022 | ₹67.9b | ₹23.0b | ₹4.2b | 15.8x | 16.1x | 3x |
| Mon, 06 Dec 2021 | ₹61.2b | ₹23.0b | ₹4.2b | 15.8x | 14.5x | 2.7x |
| Wed, 03 Nov 2021 | ₹65.7b | ₹21.6b | ₹3.7b | n/a | 17.9x | 3x |
| Fri, 01 Oct 2021 | ₹66.7b | ₹19.2b | ₹2.5b | 22.9x | 26.6x | 3.5x |
| Sun, 29 Aug 2021 | ₹52.9b | ₹20.8b | ₹2.4b | 17.8x | 21.9x | 2.5x |
| Mon, 05 Jul 2021 | ₹44.4b | ₹20.8b | ₹2.4b | 18.9x | 18.4x | 2.1x |
| Thu, 08 Apr 2021 | ₹33.1b | ₹19.1b | ₹1.5b | 17.5x | 22.4x | 1.7x |
| Sun, 10 Jan 2021 | ₹30.2b | ₹18.5b | -₹4,499,305,378.00 | 15.3x | -6.7x | 1.6x |
Price to Earnings Ratio
-6x
Current Industry PE
- Investors are pessimistic on the Indian Energy Services 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 11.3x which is lower than its 3-year average PE of 13.7x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- Total earnings for the Energy Services industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 4.8% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Energy industry?
| IN Market | -2.60% | |
| Energy | -1.61% | |
| Energy Services | -4.48% | |
| Oil and Gas Drilling | -2.48% | |
| Oil and Gas Services | -5.02% | |
Industry PE
- Investors are most optimistic about the Oil and Gas Drilling industry which is trading above its 3-year average PE ratio of 6.0x.
- 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 20.3x.
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 | |
|---|---|---|---|---|---|
| 511034 Jindal Drilling & Industries | ₹662.15 | 11.0% +₹1.9b | 113.7% | PE24.3x | |
| 526807 Seamec | ₹707.25 | 4.8% +₹817.4m | -36.0% | PE50x | |
| 522261 Dolphin Offshore Enterprises (India) | ₹559.80 | 8.2% +₹605.7m | n/a | PE6.2x | |
| DEEPINDS Deep Industries | ₹258.65 | 3.5% +₹563.2m | 71.2% | PE12.1x | |
| 522014 United Drilling Tools | ₹210.05 | 1.4% +₹60.9m | -28.2% | PE49.3x |