Peers

Dolphin Offshore Enterprises (India) Ltd. shows exceptional revenue growth but suffers from high valuation ratios, indicating potential overvaluation. While the company demonstrates solid profitability metrics, its peers such as ONGC and Oil India Ltd. provide better value propositions with lower P/E ratios and reasonable profitability, positioning them as attractive alternatives for investors seeking value in the oil exploration sector.

• • Dolphin Offshore leads in revenue growth but has the highest P/E ratio at 489.65, indicating overvaluation.
• • ONGC and Oil India present the lowest P/E ratios (8.43 and 10.65 respectively), showcasing better value.
• • Dolphin has the highest profit margin (62.79) but is financially stressed due to high valuation metrics.
• • Asian Energy Services has the highest revenue growth YoY (177.46%) but is significantly overvalued with a PEG of 4.28.

• • Dolphin Offshore Enterprises (India) Ltd.: Highest YoY revenue growth at 1044.56% and highest profit margin of 62.79%.
• • Oil & Natural Gas Corporation Ltd. (ONGC): Lowest P/E ratio of 8.43 and reasonable profitability metrics.
• • Oil India Ltd. (OIL): Competitive profitability with a low P/E ratio of 10.65 and decent ROE.