# Oil Exploration/Allied Services — company-by-company sector analysis

> Oil Exploration/Allied Services: Gujarat Natural Resources Ltd owns the largest revenue base AND the fastest current growth.

Sector Alpha — machine-written from the numbers. Data as of 2026-08-20. Not investment advice.

## Bottom line

Oil Exploration/Allied Services has outperformed NIFTY 500 by 3% over 52 weeks and 0.7% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself. Gujarat Natural Resources Ltd leads with revenue of ₹33 crore, based on 2 of 2 comparable companies through Jun 2026.

## Sector relative strength

Oil Exploration/Allied Services has outperformed NIFTY 500 by 3% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 0.7%. 1 of 2 covered companies currently beats NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Gujarat Natural Resources Ltd is the strongest against the sector itself at +33.5%.

13-week sector return versus NIFTY 500: -0.7%
52-week sector return versus NIFTY 500: 3.0%
Stocks leading NIFTY: 1/2
Stocks leading sector: 1/2

Central tension: The central tension: current leadership is concentrated, so durability matters more than rank.

Companies: 2
Combined market value: ₹3.8K Cr

## 4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

1. Gujarat Natural Resources Ltd (GNRL): 64/100 — Mixed-positive evidence; evidence 71%
   - Growth & earnings 31.5/35 | Capital efficiency 5.6/25 | Valuation 10.0/20 | Relative strength 17.0/20
   - Price stage: TURNING — Ahead of the benchmark for one to four weeks, after a stretch of being behind.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 1 of 7 weeks with a reading, within the last 12
   - Exact sum: 31.5 + 5.6 + 10 + 17 = 64.1
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
2. Prabha Energy Ltd (PRABHA): 41/100 — Mixed-negative evidence; evidence 69%
   - Growth & earnings 22.4/35 | Capital efficiency 4.2/25 | Valuation 10.0/20 | Relative strength 4.0/20
   - Price stage: ASLEEP — Neither ahead of the benchmark nor yet turning up against it.
   - Led NIFTY 500 by 5%+ over the prior 13 weeks in 0 of the last 12 weeks
   - Exact sum: 22.4 + 4.2 + 10 + 4 = 40.6
   - Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

## Market action

Gujarat Natural Resources Ltd has the strongest one-year price move in Oil Exploration/Allied Services at +47.6%. It also leads on Mansfield relative strength against NIFTY at +19.3%. 1 of 2 covered companies is above zero on that measure. Every line covers 313 weekly closes through 2026-08-14.

### Strongest one-year price performers
1. Gujarat Natural Resources Ltd (GNRL): 48%
2. Prabha Energy Ltd (PRABHA): -41%

### Strongest relative strength versus NIFTY 500
1. Gujarat Natural Resources Ltd (GNRL): 19%
2. Prabha Energy Ltd (PRABHA): -13%

## Oil Exploration/Allied Services — the story behind the numbers

This is the written read behind the Oil Exploration/Allied Services figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 16 Apr 2026, so the words are older than the numbers. 4 themes are live here, 1 of them rated high severity.

While the financial turnaround and operating leverage inflection for 513536 are commendable, the overarching regulatory overhang from the SEBI forensic audit warrants caution. The pivot towards unrelated sectors like real estate and commodities trading suggests a dilution of the core oil exploration focus.

The Oil Exploration and Allied Services sector, represented in this review by Gujarat Natural Resources Ltd (513536), is demonstrating an IMPROVING demand environment alongside financial turnarounds. For Q3 FY26, 513536 reported a consolidated total income of ₹9.34 cr, marking a 67.33% increase year-on-year.

How old this read is: STALE — this read comes from our Oil Exploration/Allied Services sector brief dated 16 Apr 2026, about 4 months ago. The page says so rather than dressing it up, and a fresh sector dive replaces it the day it runs.

### Live themes, worst first
- HIGH | SEBI initiated a forensic audit in September 2025 to examine financial statements and business transactions from FY21 to FY23, creating uncertainty regarding past disclosures. | The company affirmed its commitment to full cooperation with the audit process and providing all required information. | named for 513536
- MEDIUM | Revenue is heavily dependent on crude oil and natural gas production from the Cambay basin, exposing earnings to global price fluctuations. | The company is diversifying its business scope into commodities trading and real estate development to mitigate sector-specific concentration. | named for 513536
- LOW | Global oil price volatility driven by Middle East conflicts (US-Iran) impacts the sector, though the company's domestic focus provides a partial buffer. | named for 513536
- LOW | The company is undergoing a court-approved corporate restructuring involving the amalgamation of its oil and gas subsidiaries. | The NCLT Ahmedabad order dated January 20, 2026, approves this scheme involving the company's wholly owned and step-down subsidiaries. | named for 513536

Sources: our Oil Exploration/Allied Services sector brief, 16 Apr 2026.

## Revenue Scale & Growth Durability

What the numbers say: Gujarat Natural Resources Ltd is the scale leader at ₹33 crore, 395.5% ahead of Prabha Energy Ltd. Gujarat Natural Resources Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 106.3% from a ₹33 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

Investor read: Gujarat Natural Resources Ltd is the scale benchmark; Gujarat Natural Resources Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Gujarat Natural Resources Ltd's growth falls below Gujarat Natural Resources Ltd's for two consecutive comparable reports while operating margin also compresses.

Evidence: Gujarat Natural Resources Ltd · ₹33 crore | 395.5% versus #2 · Prabha Energy Ltd | 4/8 recent comparable periods | 2/2 companies · 26 observations

Definition: Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.

### Revenue — largest
1. Gujarat Natural Resources Ltd (GNRL): ₹33 Cr
2. Prabha Energy Ltd (PRABHA): ₹7 Cr

### Revenue growth — fastest growers
1. Gujarat Natural Resources Ltd (GNRL): 100%
2. Prabha Energy Ltd (PRABHA): 61%

### 20-quarter Revenue history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 ₹1 Cr | Mar 2024 ₹1 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹1 Cr | Dec 2024 ₹1 Cr | Mar 2025 ₹1 Cr | Jun 2025 ₹1 Cr | Sep 2025 ₹2 Cr | Dec 2025 ₹2 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹2 Cr
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹3 Cr | Mar 2023 ₹3 Cr | Jun 2023 ₹6 Cr | Sep 2023 ₹7 Cr | Dec 2023 ₹6 Cr | Mar 2024 ₹8 Cr | Jun 2024 ₹6 Cr | Sep 2024 ₹5 Cr | Dec 2024 ₹4 Cr | Mar 2025 ₹4 Cr | Jun 2025 ₹3 Cr | Sep 2025 ₹9 Cr | Dec 2025 ₹7 Cr | Mar 2026 ₹11 Cr | Jun 2026 ₹6 Cr

### 20-quarter Revenue growth history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 62% | Mar 2025 0.0% | Jun 2025 20% | Sep 2025 82% | Dec 2025 73% | Mar 2026 41% | Jun 2026 50%
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 84% | Mar 2024 138% | Jun 2024 0.0% | Sep 2024 -29% | Dec 2024 -33% | Mar 2025 -50% | Jun 2025 -50% | Sep 2025 80% | Dec 2025 75% | Mar 2026 175% | Jun 2026 100%

## Operating Economics & Margin Trend

What the numbers say: Gujarat Natural Resources Ltd leads both opm at 202% and margin change at +194 percentage points.

Investor read: Gujarat Natural Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Evidence: Gujarat Natural Resources Ltd · 202% | 10.7× versus #2 · Prabha Energy Ltd | 5/8 recent comparable periods | 2/2 companies · 31 observations

Definition: Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.

### OPM — highest
1. Gujarat Natural Resources Ltd (GNRL): 202%
2. Prabha Energy Ltd (PRABHA): 19%

### Margin change — fastest expanders
1. Gujarat Natural Resources Ltd (GNRL): +194.0 pp
2. Prabha Energy Ltd (PRABHA): +42.8 pp

### 20-quarter OPM history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 -21% | Mar 2024 -11% | Jun 2024 -12% | Sep 2024 -5.2% | Dec 2024 -3.9% | Mar 2025 -163% | Jun 2025 -24% | Sep 2025 -18% | Dec 2025 -3.4% | Mar 2026 -2.1% | Jun 2026 19%
- GNRL: Sep 2021 10% | Dec 2021 -91% | Mar 2022 4.5% | Jun 2022 1.3% | Sep 2022 14% | Dec 2022 16% | Mar 2023 -0.3% | Jun 2023 45% | Sep 2023 -5.0% | Dec 2023 35% | Mar 2024 11% | Jun 2024 40% | Sep 2024 34% | Dec 2024 2.7% | Mar 2025 -66% | Jun 2025 8.0% | Sep 2025 56% | Dec 2025 48% | Mar 2026 20% | Jun 2026 202%

### 20-quarter Margin change history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 +16.7 pp | Mar 2025 −152.0 pp | Jun 2025 −12.2 pp | Sep 2025 −12.4 pp | Dec 2025 +0.5 pp | Mar 2026 +160.7 pp | Jun 2026 +42.8 pp
- GNRL: Sep 2021 +2.1 pp | Dec 2021 −90.2 pp | Mar 2022 −5.3 pp | Jun 2022 −11.5 pp | Sep 2022 +3.7 pp | Dec 2022 +107.6 pp | Mar 2023 −4.8 pp | Jun 2023 +43.7 pp | Sep 2023 −18.9 pp | Dec 2023 +18.7 pp | Mar 2024 +11.3 pp | Jun 2024 −5.0 pp | Sep 2024 +39.0 pp | Dec 2024 −32.3 pp | Mar 2025 −77.0 pp | Jun 2025 −32.0 pp | Sep 2025 +22.0 pp | Dec 2025 +45.3 pp | Mar 2026 +86.0 pp | Jun 2026 +194.0 pp

## Profit Scale & Acceleration

What the numbers say: Gujarat Natural Resources Ltd leads with ₹19 crore of TTM profit, 16.8× the profit of Prabha Energy Ltd. Gujarat Natural Resources Ltd shows ≥100% on the scoring scale growth from a ₹19 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

Investor read: Gujarat Natural Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Evidence: Gujarat Natural Resources Ltd · ₹19 crore | 16.8× versus #2 · Prabha Energy Ltd | 2/4 recent comparable periods | 2/2 companies · 26 observations

Definition: Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.

### Net profit — largest
1. Gujarat Natural Resources Ltd (GNRL): ₹19 Cr
2. Prabha Energy Ltd (PRABHA): ₹1 Cr

### Profit growth — fastest growers
1. Gujarat Natural Resources Ltd (GNRL): 100%

### 20-quarter Net profit history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 ₹-0 Cr | Mar 2024 ₹-0 Cr | Jun 2024 ₹-0 Cr | Sep 2024 ₹-0 Cr | Dec 2024 ₹-0 Cr | Mar 2025 ₹-1 Cr | Jun 2025 ₹-0 Cr | Sep 2025 ₹-0 Cr | Dec 2025 ₹1 Cr | Mar 2026 ₹0 Cr | Jun 2026 ₹0 Cr
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 ₹-2 Cr | Mar 2023 ₹-1 Cr | Jun 2023 ₹1 Cr | Sep 2023 ₹-3 Cr | Dec 2023 ₹1 Cr | Mar 2024 ₹-3 Cr | Jun 2024 ₹1 Cr | Sep 2024 ₹0 Cr | Dec 2024 ₹-3 Cr | Mar 2025 ₹-2 Cr | Jun 2025 ₹2 Cr | Sep 2025 ₹4 Cr | Dec 2025 ₹3 Cr | Mar 2026 ₹1 Cr | Jun 2026 ₹11 Cr

### 20-quarter Profit growth history
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 0.0% | Sep 2024 — | Dec 2024 -400% | Mar 2025 — | Jun 2025 100% | Sep 2025 — | Dec 2025 — | Mar 2026 — | Jun 2026 450%

## Return On Capital Employed

What the numbers say: Gujarat Natural Resources Ltd leads ROCE at 7.3%, 7.2 percentage points above Prabha Energy Ltd. Gujarat Natural Resources Ltd has the strongest latest improvement at +4.4 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

Investor read: Gujarat Natural Resources Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

Evidence: Gujarat Natural Resources Ltd · 7.3% | 72.5× versus #2 · Prabha Energy Ltd | 5/8 recent comparable periods | 2/2 companies · 27 observations

Definition: ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.

### ROCE — highest
1. Gujarat Natural Resources Ltd (GNRL): 7.3%
2. Prabha Energy Ltd (PRABHA): 0.1%

### ROCE change — fastest improvers
1. Gujarat Natural Resources Ltd (GNRL): +4.4 pp
2. Prabha Energy Ltd (PRABHA): +0.2 pp

### 20-quarter ROCE history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 -0.2% | Sep 2023 -0.4% | Dec 2023 -0.2% | Mar 2024 -0.3% | Jun 2024 -0.3% | Sep 2024 -0.2% | Dec 2024 -0.2% | Mar 2025 -0.4% | Jun 2025 -0.4% | Sep 2025 -0.5% | Dec 2025 -0.2% | Mar 2026 -0.2% | Jun 2026 —
- GNRL: Sep 2021 -2.6% | Dec 2021 — | Mar 2022 -3.1% | Jun 2022 — | Sep 2022 -3.9% | Dec 2022 — | Mar 2023 -1.6% | Jun 2023 — | Sep 2023 -1.0% | Dec 2023 1.1% | Mar 2024 -0.4% | Jun 2024 -0.8% | Sep 2024 1.6% | Dec 2024 -1.6% | Mar 2025 -2.3% | Jun 2025 1.4% | Sep 2025 -1.0% | Dec 2025 8.3% | Mar 2026 2.1% | Jun 2026 —

### 20-quarter ROCE change history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 −0.1 pp | Sep 2024 +0.2 pp | Dec 2024 0.0 pp | Mar 2025 −0.1 pp | Jun 2025 −0.1 pp | Sep 2025 −0.3 pp | Dec 2025 0.0 pp | Mar 2026 +0.2 pp | Jun 2026 —
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 −1.3 pp | Dec 2022 — | Mar 2023 +1.5 pp | Jun 2023 — | Sep 2023 +2.9 pp | Dec 2023 — | Mar 2024 +1.2 pp | Jun 2024 — | Sep 2024 +2.6 pp | Dec 2024 −2.7 pp | Mar 2025 −1.9 pp | Jun 2025 +2.2 pp | Sep 2025 −2.6 pp | Dec 2025 +9.9 pp | Mar 2026 +4.4 pp | Jun 2026 —

## Valuation Against Growth & Quality

What the numbers say: There is not enough comparable evidence to name a reliable peg leader.

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

Evidence: No comparable leader | Not enough peers | Not enough history | 0/2 companies · 0 observations

Definition: PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.

### PEG — lowest PEG

### P/E — lowest P/E
1. Gujarat Natural Resources Ltd (GNRL): 88.4
2. Prabha Energy Ltd (PRABHA): 1,941.0

### 20-quarter PEG history

### 20-quarter P/E history
- PRABHA: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 — | Sep 2023 — | Dec 2023 — | Mar 2024 — | Jun 2024 — | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 — | Sep 2025 — | Dec 2025 -6,131.9 | Mar 2026 3,569.2 | Jun 2026 5,113.0
- GNRL: Sep 2021 — | Dec 2021 — | Mar 2022 — | Jun 2022 — | Sep 2022 — | Dec 2022 — | Mar 2023 — | Jun 2023 -33.8 | Sep 2023 — | Dec 2023 -69.6 | Mar 2024 — | Jun 2024 -26.6 | Sep 2024 — | Dec 2024 — | Mar 2025 — | Jun 2025 -315.3 | Sep 2025 593.3 | Dec 2025 732.8 | Mar 2026 170.5 | Jun 2026 158.8


## What can make this comparison misleading?
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 2 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- Thin comparisons: Valuation have fewer than three usable current readings.

## Every company
- Prabha Energy Ltd (PRABHA) — market value ₹2.1K Cr; latest fundamentals Jun 2026; includes UNVERIFIED second-feed figures
- Gujarat Natural Resources Ltd (GNRL) — market value ₹1.7K Cr; latest fundamentals Jun 2026; includes UNVERIFIED second-feed figures

## Source standing of each company

Cross-checked: 0. Unverified: 2. Withheld: 0. Graded companies: 2.

2 of 2 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear.

- UNVERIFIED | PRABHA | Prabha Energy Ltd | too little overlapping reported history to cross-check the second feed
- UNVERIFIED | GNRL | Gujarat Natural Resources Ltd | too little overlapping reported history to cross-check the second feed

## Methodology and freshness

Fundamentals through Jun 2026; prices through 2026-08-14.
Up to 20 quarters per company. Reported history is normalized to Indian rupees crore. Missing values are not interpolated. Derived metrics are calculated only when their inputs are comparable.

## Frequently asked questions

### Is the Oil Exploration/Allied Services sector outperforming NIFTY 500?

Oil Exploration/Allied Services has outperformed NIFTY 500 by 3% over 52 weeks and 0.7% over 13 weeks. 1 of 2 covered companies beat NIFTY on Mansfield relative strength, while 1 of 2 beat the sector itself.

### Which Oil Exploration/Allied Services company is largest by revenue?

Gujarat Natural Resources Ltd leads with revenue of ₹33 crore, based on 2 of 2 comparable companies through Jun 2026.

### Which Oil Exploration/Allied Services company is growing fastest?

Gujarat Natural Resources Ltd has the fastest current revenue growth at 100%, across 2 of 2 comparable companies.

### Which Oil Exploration/Allied Services company has the strongest 4-Factor Sector Score?

Gujarat Natural Resources Ltd ranks first at 64.1/100 with 71% evidence confidence. The score prioritizes research; it is not a buy recommendation.

### How much history does this Oil Exploration/Allied Services comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

### How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

### Is there a Nifty Oil Exploration/Allied Services index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Oil Exploration/Allied Services, this page builds its own equal-weight basket of 2 listed Oil Exploration/Allied Services companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

### Which are the best Oil Exploration/Allied Services stocks in India?

Ranked by this page's four-factor score, Gujarat Natural Resources Ltd places first among 2 listed Oil Exploration/Allied Services companies, followed by Prabha Energy Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

### How many Oil Exploration/Allied Services stocks are listed in India?

This comparison covers 2 listed Oil Exploration/Allied Services companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

### Which Oil Exploration/Allied Services company is the biggest?

Gujarat Natural Resources Ltd is the largest, with trailing-twelve-month revenue of ₹33 crore, ahead of Prabha Energy Ltd at ₹7 crore. That covers 2 of 2 companies with comparable reporting through Jun 2026.

### Which Oil Exploration/Allied Services company has the best profit margins?

Gujarat Natural Resources Ltd has the highest operating margin at 202%, from 2 of 2 comparable companies. Gujarat Natural Resources Ltd shows the biggest improvement (+194 percentage points — see the chart above for the starting level). A high margin matters most when it is holding or rising, not when it is peaking.

### Which Oil Exploration/Allied Services company makes the most profit?

Gujarat Natural Resources Ltd earns the most, at ₹19 crore of trailing-twelve-month net profit, from 2 of 2 comparable companies. Gujarat Natural Resources Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

### Which Oil Exploration/Allied Services company earns the highest return on capital?

Gujarat Natural Resources Ltd leads on return on capital employed at 7.3%, across 2 of 2 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

### Is the Oil Exploration/Allied Services sector beating the market?

Oil Exploration/Allied Services has outperformed NIFTY 500 by 3% over the last 52 weeks and 0.7% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 1 of 2 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

### Which Oil Exploration/Allied Services stock has the strongest price momentum?

Gujarat Natural Resources Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

### Which Oil Exploration/Allied Services company scores highest for research priority?

Gujarat Natural Resources Ltd scores 64.1 out of 100 with 71% evidence confidence, from 31.5 points on growth and earnings, 5.6 on capital efficiency, 10 on valuation and 17 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

### How many Oil Exploration/Allied Services companies does this comparison cover, and over what period?

It compares 2 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

### What is the total market cap of the Oil Exploration/Allied Services sector?

The 2 Oil Exploration/Allied Services companies on this page carry ₹3,843 crore of combined market value. Prabha Energy Ltd is the largest at ₹2,135 crore, about 56% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-20.

### How is the Oil Exploration/Allied Services sector performing?

1 of the 2 covered Oil Exploration/Allied Services companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 3% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-20.

### Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

### Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.