Indian (NIFTY) Oil and Gas Refining and Marketing Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies10
- 7D-1.8%
- 3M-10.5%
- 1Y-6.4%
- YTD-9.2%
Over the last 7 days, the Oil and Gas Refining and Marketing industry has dropped 1.8%, driven by declines in Bharat Petroleum and Indian Oil of 2.3% and 1.2%, respectively. However, the industry is down 6.4% over the past year. As for the next few years, earnings are expected to grow by 8.3% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Refining and Marketing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹16.9t | ₹27.4t | ₹1.3t | 15.6x | 12.8x | 0.6x |
| Wed, 27 Sep 2023 | ₹17.5t | ₹27.5t | ₹1.2t | 13.8x | 14.7x | 0.6x |
| Fri, 25 Aug 2023 | ₹18.4t | ₹27.5t | ₹1.2t | 12.1x | 15.4x | 0.7x |
| Sun, 23 Jul 2023 | ₹19.0t | ₹28.1t | ₹759.7b | 19.4x | 25x | 0.7x |
| Tue, 20 Jun 2023 | ₹18.9t | ₹28.2t | ₹778.7b | 18.6x | 24.3x | 0.7x |
| Thu, 18 May 2023 | ₹18.0t | ₹29.2t | ₹735.7b | 12.3x | 24.5x | 0.6x |
| Sat, 15 Apr 2023 | ₹17.2t | ₹27.6t | ₹663.2b | 17.3x | 26x | 0.6x |
| Mon, 13 Mar 2023 | ₹17.0t | ₹27.6t | ₹663.2b | 17.7x | 25.7x | 0.6x |
| Wed, 08 Feb 2023 | ₹16.9t | ₹27.5t | ₹672.3b | 17.7x | 25.2x | 0.6x |
| Fri, 06 Jan 2023 | ₹18.3t | ₹26.4t | ₹744.1b | 9.5x | 24.6x | 0.7x |
| Sun, 04 Dec 2022 | ₹19.6t | ₹26.4t | ₹744.1b | 9.2x | 26.3x | 0.7x |
| Tue, 01 Nov 2022 | ₹18.2t | ₹25.7t | ₹822.9b | 16.8x | 22.2x | 0.7x |
| Thu, 29 Sep 2022 | ₹16.9t | ₹24.2t | ₹909.2b | 15.6x | 18.5x | 0.7x |
| Sat, 27 Aug 2022 | ₹18.9t | ₹24.2t | ₹909.2b | 17.5x | 20.8x | 0.8x |
| Mon, 25 Jul 2022 | ₹18.1t | ₹21.0t | ₹1.1t | 5.9x | 17x | 0.9x |
| Wed, 22 Jun 2022 | ₹18.5t | ₹21.0t | ₹1.1t | 5.6x | 17.4x | 0.9x |
| Fri, 20 May 2022 | ₹18.1t | ₹20.5t | ₹1.1t | 5.2x | 15.7x | 0.9x |
| Sun, 17 Apr 2022 | ₹19.8t | ₹19.2t | ₹1.1t | 17.3x | 18x | 1x |
| Tue, 15 Mar 2022 | ₹17.7t | ₹19.2t | ₹1.1t | 16.7x | 16.1x | 0.9x |
| Thu, 10 Feb 2022 | ₹17.6t | ₹19.2t | ₹1.1t | 17.7x | 16x | 0.9x |
| Sat, 08 Jan 2022 | ₹18.0t | ₹17.1t | ₹1.0t | 18.7x | 17.2x | 1.1x |
| Mon, 06 Dec 2021 | ₹17.8t | ₹17.1t | ₹1.0t | 15.4x | 17x | 1x |
| Wed, 03 Nov 2021 | ₹18.8t | ₹17.1t | ₹1.1t | n/a | 17.8x | 1.1x |
| Fri, 01 Oct 2021 | ₹18.6t | ₹15.3t | ₹954.5b | 18.6x | 19.5x | 1.2x |
| Sun, 29 Aug 2021 | ₹16.6t | ₹15.3t | ₹954.5b | 14.5x | 17.4x | 1.1x |
| Mon, 05 Jul 2021 | ₹15.9t | ₹15.3t | ₹954.5b | 16.5x | 16.7x | 1x |
| Thu, 08 Apr 2021 | ₹14.9t | ₹13.6t | ₹916.6b | 8x | 16.3x | 1.1x |
| Sun, 10 Jan 2021 | ₹14.7t | ₹13.2t | ₹539.7b | 17.2x | 27.2x | 1.1x |
Price to Earnings Ratio
27x
Current Industry PE
- Investors are pessimistic on the Indian Oil and Gas Refining and Marketing 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 12.8x which is lower than its 3-year average PE of 20.5x.
- The industry is trading close to its 3-year average PS ratio of 0.90x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Refining and Marketing industry have grown 34% 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 Comparison
How does Indian Oil and Gas Refining and Marketing compare with similar industries?
| IN Market | -2.60% | |
| Energy | -1.61% | |
| Oil and Gas | -1.60% | |
| Oil and Gas Refining and Marketing | -1.75% | |
| Coal and Fuels | 0.082% | |
| Integrated Oil and Gas | -0.78% | |
| Oil and Gas Storage and Transportation | -2.95% | |
| Oil and Gas Exploration and Production | -6.42% | |
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 | |
|---|---|---|---|---|---|
| RELIANCE Reliance Industries | ₹2.31k | 2.2% +₹313.2b | -9.3% | PE21.5x | |
| 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 | |
| BPCL Bharat Petroleum | ₹346.90 | 1.2% +₹8.9b | 14.2% | PE2.7x | |
| IOC Indian Oil | ₹88.25 | 0.3% +₹4.1b | 29.3% | PE5x |