Oil Gas & Consumable Fuels

Sector overview

Total Companies: 198
Total Market Cap (₹ Cr): 33,02,845
Top 3 Market Cap (₹ Cr): 22,57,233
Sector Concentration: 68.34%
Weighted P/E: 21.29
Weighted P/B: 2.10
Avg Dividend Yield: 0.69%
Avg Qtrly Profit Growth (YoY): -5.19%
Avg Qtrly Sales Growth (YoY): —
Avg Sector ROE: 11.04%
Avg Sector ROCE: 9.78%
Avg Debt to Equity: 0.38
Broad Industries: 8
Sub Industries: 9

AI Sector View

AI GENERATED

Reduce

Consumption of petroleum products 3.0% YoY (2026-07)Consumption of natural gas (domestic & RLNG) -3.0% YoY (2026-06)Crude Oil -5.3% YoY (2026-07)Refinery Products 2.7% YoY (2026-07)Natural Gas -3.7% YoY (2026-07)Coal 7.6% YoY (2026-07)WPI fuel 20.05% (Jul/26)

Sector economics are clouded by input volatility and uneven volume trends. WPI fuel inflation is very high at 20.05% (Jul/26), crude oil output is -5.3% YoY (2026-07), natural gas is -3.7% YoY (2026-07), and natural gas consumption is -3.0% YoY (2026-06), although refinery products grew 2.7% YoY (2026-07) and coal was 7.6% YoY (2026-07). Heavy FPI outflows of INR -15293 crore over 3 months to 2026-08-31 and negative oil-linked news flow reinforce the underweight.

Confidence

78%