{"id":326567,"date":"2026-10-26T11:55:08","date_gmt":"2026-10-26T06:25:08","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=326567"},"modified":"2026-10-26T11:55:08","modified_gmt":"2026-10-26T06:25:08","slug":"public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/","title":{"rendered":"3 Public Sector Fuel Retailer, Engineering Consultancy and Project Company and Delhi CNG and Piped Gas Distributor Stocks With a Strong Future Roadmap: Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas: ROE of 13.5% to 27.5% and FY22 to FY26 revenue CAGR of 6.0% to 20.3%. Prices as of 23 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three fuel retail, engineering and city gas stocks to watch are Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas. Their return on equity ranges from 13.5% to 27.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.0% to 20.3%. Hindustan Petroleum Corporation has the highest return on equity at 27.5%, while Indraprastha Gas has the fastest revenue growth at 20.3% a year. Prices are based on the 23 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Fuel retail, engineering and city gas stocks give investors a way to track businesses that sit close to everyday demand in India. Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas cover a public sector fuel retailer, an engineering consultancy and project company and a Delhi CNG and piped gas distributor.<\/p>\n<p>This list covers three fuel retail, engineering and city gas stocks with complete current figures: Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas. Every figure comes from the latest reported financials and the 23 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#What_Are_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"What Are Fuel Retail, Engineering and City Gas Stocks?\">What Are Fuel Retail, Engineering and City Gas Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Fuel_Retail_Engineering_and_City_Gas_Stocks_at_a_Glance\" title=\"Fuel Retail, Engineering and City Gas Stocks at a Glance\">Fuel Retail, Engineering and City Gas Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Why_Do_Fuel_Retail_Engineering_and_City_Gas_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Fuel Retail, Engineering and City Gas Stocks Have a Strong Roadmap in India?\">Why Do Fuel Retail, Engineering and City Gas Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Why_Hindustan_Petroleum_Corporation_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"Why Hindustan Petroleum Corporation Features Among These Fuel Retail, Engineering and City Gas Stocks\">Why Hindustan Petroleum Corporation Features Among These Fuel Retail, Engineering and City Gas Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Why_Engineers_India_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"Why Engineers India Features Among These Fuel Retail, Engineering and City Gas Stocks\">Why Engineers India Features Among These Fuel Retail, Engineering and City Gas Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Why_Indraprastha_Gas_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"Why Indraprastha Gas Features Among These Fuel Retail, Engineering and City Gas Stocks\">Why Indraprastha Gas Features Among These Fuel Retail, Engineering and City Gas Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Hindustan_Petroleum_Corporation_vs_Engineers_India_vs_Indraprastha_Gas_on_Key_Financials\" title=\"Hindustan Petroleum Corporation vs Engineers India vs Indraprastha Gas on Key Financials\">Hindustan Petroleum Corporation vs Engineers India vs Indraprastha Gas on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Key_Risks_to_Check_Before_Investing_in_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"Key Risks to Check Before Investing in Fuel Retail, Engineering and City Gas Stocks\">Key Risks to Check Before Investing in Fuel Retail, Engineering and City Gas Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Final_Thoughts_on_Fuel_Retail_Engineering_and_City_Gas_Stocks\" title=\"Final Thoughts on Fuel Retail, Engineering and City Gas Stocks\">Final Thoughts on Fuel Retail, Engineering and City Gas Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#What_are_fuel_retail_engineering_and_city_gas_stocks\" title=\"What are fuel retail, engineering and city gas stocks?\">What are fuel retail, engineering and city gas stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Which_fuel_retail_engineering_and_city_gas_stocks_are_covered_in_this_list\" title=\"Which fuel retail, engineering and city gas stocks are covered in this list?\">Which fuel retail, engineering and city gas stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Why_do_fuel_retail_engineering_and_city_gas_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do fuel retail, engineering and city gas stocks have a strong future roadmap in India?\">Why do fuel retail, engineering and city gas stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#How_has_Hindustan_Petroleum_Corporation_performed_financially\" title=\"How has Hindustan Petroleum Corporation performed financially?\">How has Hindustan Petroleum Corporation performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#How_has_Engineers_India_performed_financially\" title=\"How has Engineers India performed financially?\">How has Engineers India performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#How_has_Indraprastha_Gas_performed_financially\" title=\"How has Indraprastha Gas performed financially?\">How has Indraprastha Gas performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#What_risks_should_investors_check_before_buying_fuel_retail_engineering_and_city_gas_stocks\" title=\"What risks should investors check before buying fuel retail, engineering and city gas stocks?\">What risks should investors check before buying fuel retail, engineering and city gas stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/public-sector-fuel-retailer-engineering-consultancy-and-project-company-and-delhi-cng-and-piped-gas-distributor-stocks-roadmap-compass-list\/#Is_this_list_of_fuel_retail_engineering_and_city_gas_stocks_investment_advice\" title=\"Is this list of fuel retail, engineering and city gas stocks investment advice?\">Is this list of fuel retail, engineering and city gas stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>What Are Fuel Retail, Engineering and City Gas Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fuel retail, engineering and city gas stocks are listed energy companies that refine and sell fuels, design energy projects and deliver gas to vehicles and homes. Their earnings depend on fuel demand, project orders and gas volumes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Fuel_Retail_Engineering_and_City_Gas_Stocks_at_a_Glance\"><\/span><strong>Fuel Retail, Engineering and City Gas Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/hindpetro\/hindustan-petroleum-corporation-ltd-share-price-today\">Hindustan Petroleum Corporation<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">338.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">73,793<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">44.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">27.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.85<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/enginersin\/engineers-india-ltd-share-price-today\">Engineers India<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">242.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15,096<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19.2<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.01<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/igl\/indraprastha-gas-ltd-share-price-today\">Indraprastha Gas<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">141.71<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">19,943<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.7<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">13.5<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.01<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Engineers India trades at a P\/E below the industry P\/E, while Hindustan Petroleum Corporation and Indraprastha Gas trade above it, which reflects the growth the market already expects. Readers comparing fuel retail, engineering and city gas stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Fuel_Retail_Engineering_and_City_Gas_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Fuel Retail, Engineering and City Gas Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fuel retail, engineering and city gas stocks have a strong roadmap in India because fuel demand keeps rising, refinery and gas projects need design partners, and cleaner gas use is spreading in cities.<\/p>\n<ul>\n<li><strong>Fuel demand.<\/strong> Vehicles and industry keep lifting consumption.<\/li>\n<li><strong>Project work.<\/strong> Refinery and gas upgrades need engineering partners.<\/li>\n<li><strong>Cleaner fuel.<\/strong> CNG and piped gas reach more users.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Hindustan_Petroleum_Corporation_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>Why Hindustan Petroleum Corporation Features Among These Fuel Retail, Engineering and City Gas Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the fuel retail, engineering and city gas stocks on this list, Hindustan Petroleum Corporation is a public sector oil company that refines crude oil and sells petrol, diesel, cooking gas and lubricants through a large network of retail outlets and customer connections.<\/p>\n<p>The company has a return on equity of 27.5%, a debt to equity ratio of 0.85 and a market capitalisation of Rs 73,793 crore. The stock trades at a P\/E of 44.2, above the industry P\/E of 15.4.<\/p>\n<p>Revenue rose from Rs 352,352 crore in FY22 to Rs 444,027 crore in FY26, a compound annual growth rate of 6.0%. Net profit grew from Rs 7,294 crore in FY22 to Rs 18,047 crore in FY26, which works out to a compound annual growth rate of 25.4%. In the June 2026 quarter, revenue grew 20.8% year on year to Rs 145,844 crore.<\/p>\n<p><strong>Roadmap:<\/strong> The company is adding refining and petrochemical capacity, including a large new refinery project, which should widen its product mix. A growing retail network supports fuel sales as demand rises.<\/p>\n<p><strong>What to watch:<\/strong> Track refining margins, project progress and fuel marketing volumes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Engineers_India_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>Why Engineers India Features Among These Fuel Retail, Engineering and City Gas Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the oil marketing company shares on this list, Engineers India is a public sector engineering consultancy and project company that provides design, project management and construction services to oil, gas, petrochemical, fertiliser and infrastructure clients.<\/p>\n<p>Revenue rose from Rs 3,043 crore in FY22 to Rs 4,123 crore in FY26, a compound annual growth rate of 7.9%. Net profit grew from Rs 343 crore in FY22 to Rs 692 crore in FY26, which works out to a compound annual growth rate of 19.2%.<\/p>\n<p>The company has a return on equity of 22.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 15,096 crore. The stock trades at a P\/E of 19.2, below the industry P\/E of 22.7.<\/p>\n<p><strong>Roadmap:<\/strong> The company is involved in refinery expansions and new petrochemical projects and is widening its work in green energy, hydrogen and infrastructure. A debt-free balance sheet and a strong order book give it capacity to take on large mandates.<\/p>\n<p><strong>What to watch:<\/strong> Monitor order inflow from refinery and petrochemical projects and execution of existing mandates.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Indraprastha_Gas_Features_Among_These_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>Why Indraprastha Gas Features Among These Fuel Retail, Engineering and City Gas Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, Indraprastha Gas distributes compressed natural gas to vehicles and piped natural gas to homes, businesses and industries in Delhi NCR and other licensed regions.<\/p>\n<p>In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%.<\/p>\n<p>Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P\/E of 14.7, above the industry P\/E of 14.3.<\/p>\n<p><strong>Roadmap:<\/strong> The company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.<\/p>\n<p><strong>What to watch:<\/strong> Track gas volumes, new station additions and input gas costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Hindustan_Petroleum_Corporation_vs_Engineers_India_vs_Indraprastha_Gas_on_Key_Financials\"><\/span><strong>Hindustan Petroleum Corporation vs Engineers India vs Indraprastha Gas on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three fuel retail, engineering and city gas stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Hindustan Petroleum Corporation<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">352,352<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">444,027<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18,047<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Engineers India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,043<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4,123<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">692<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Indraprastha Gas<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7,887<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16,541<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">20.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,544<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.3%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Hindustan Petroleum Corporation posts the highest return on equity in this group at 27.5%. Hindustan Petroleum Corporation has the largest FY26 revenue at Rs 444,027 crore, and Indraprastha Gas shows the fastest revenue growth with a 20.3% compound annual rate. A useful habit with fuel retail, engineering and city gas stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Fuel Retail, Engineering and City Gas Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these fuel retail, engineering and city gas stocks, the main points are: Long-term oil marketing company shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.<\/p>\n<ul>\n<li><strong>Refining margins.<\/strong> Earnings move with global crude and product prices.<\/li>\n<li><strong>Policy.<\/strong> Pricing decisions can affect retailers and distributors.<\/li>\n<li><strong>Project timing.<\/strong> New capacity can take years to deliver.<\/li>\n<\/ul>\n<p>Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter fuel retail, engineering and city gas stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Fuel_Retail_Engineering_and_City_Gas_Stocks\"><\/span><strong>Final Thoughts on Fuel Retail, Engineering and City Gas Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Fuel retail, engineering and city gas stocks work best when investors track growth, valuation and return on equity side by side. Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas each play a central role in the energy chain. Based on the 23 October 2026 close, Hindustan Petroleum Corporation trades at Rs 338.3, Engineers India at Rs 242.5 and Indraprastha Gas at Rs 141.71.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track fuel retail, engineering and city gas stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_fuel_retail_engineering_and_city_gas_stocks\"><\/span><strong>What are fuel retail, engineering and city gas stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fuel retail, engineering and city gas stocks are listed energy companies that refine and sell fuels, design energy projects and deliver gas to vehicles and homes. Their earnings depend on fuel demand, project orders and gas volumes. This list looks at three of them, Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas, using reported FY22 to FY26 financials and the 23 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_fuel_retail_engineering_and_city_gas_stocks_are_covered_in_this_list\"><\/span><strong>Which fuel retail, engineering and city gas stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas. Based on the 23 October 2026 close, Hindustan Petroleum Corporation traded at Rs 338.3, Engineers India at Rs 242.5 and Indraprastha Gas at Rs 141.71. Their return on equity ranges from 13.5% to 27.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.0% to 20.3%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_fuel_retail_engineering_and_city_gas_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do fuel retail, engineering and city gas stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Fuel retail, engineering and city gas stocks have a strong roadmap in India because fuel demand keeps rising, refinery and gas projects need design partners, and cleaner gas use is spreading in cities. The main drivers are as follows. Fuel demand. Vehicles and industry keep lifting consumption. Project work. Refinery and gas upgrades need engineering partners. Cleaner fuel. CNG and piped gas reach more users. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Hindustan_Petroleum_Corporation_performed_financially\"><\/span><strong>How has Hindustan Petroleum Corporation performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 352,352 crore in FY22 to Rs 444,027 crore in FY26, a compound annual growth rate of 6.0%. Net profit grew from Rs 7,294 crore in FY22 to Rs 18,047 crore in FY26, which works out to a compound annual growth rate of 25.4%. In the June 2026 quarter, revenue grew 20.8% year on year to Rs 145,844 crore. The company has a return on equity of 27.5%, a debt to equity ratio of 0.85 and a market capitalisation of Rs 73,793 crore. The stock trades at a P\/E of 44.2, above the industry P\/E of 15.4. Looking ahead, the company is adding refining and petrochemical capacity, including a large new refinery project, which should widen its product mix. A growing retail network supports fuel sales as demand rises.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Engineers_India_performed_financially\"><\/span><strong>How has Engineers India performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 3,043 crore in FY22 to Rs 4,123 crore in FY26, a compound annual growth rate of 7.9%. Net profit grew from Rs 343 crore in FY22 to Rs 692 crore in FY26, which works out to a compound annual growth rate of 19.2%. The company has a return on equity of 22.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 15,096 crore. The stock trades at a P\/E of 19.2, below the industry P\/E of 22.7. Looking ahead, the company is involved in refinery expansions and new petrochemical projects and is widening its work in green energy, hydrogen and infrastructure. A debt-free balance sheet and a strong order book give it capacity to take on large mandates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Indraprastha_Gas_performed_financially\"><\/span><strong>How has Indraprastha Gas performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 7,887 crore in FY22 to Rs 16,541 crore in FY26, a compound annual growth rate of 20.3%. Net profit for FY26 was Rs 1,544 crore, a net margin of 9.3%. In the June 2026 quarter, revenue grew 16.5% year on year to Rs 5,145 crore. The company has a return on equity of 13.5%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 19,943 crore. The stock trades at a P\/E of 14.7, above the industry P\/E of 14.3. Looking ahead, the company benefits from growing use of cleaner fuel in vehicles and homes and from new geographic areas it serves. A growing station network and household connections add to volumes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_fuel_retail_engineering_and_city_gas_stocks\"><\/span><strong>What risks should investors check before buying fuel retail, engineering and city gas stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying fuel retail, engineering and city gas stocks. Refining margins. Earnings move with global crude and product prices. Policy. Pricing decisions can affect retailers and distributors. Project timing. New capacity can take years to deliver. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_fuel_retail_engineering_and_city_gas_stocks_investment_advice\"><\/span><strong>Is this list of fuel retail, engineering and city gas stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 23 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are fuel retail, engineering and city gas stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fuel retail, engineering and city gas stocks are listed energy companies that refine and sell fuels, design energy projects and deliver gas to vehicles and homes. Their earnings depend on fuel demand, project orders and gas volumes. 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Their return on equity ranges from 13.5% to 27.5%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.0% to 20.3%.\"}},{\"@type\":\"Question\",\"name\":\"Why do fuel retail, engineering and city gas stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Fuel retail, engineering and city gas stocks have a strong roadmap in India because fuel demand keeps rising, refinery and gas projects need design partners, and cleaner gas use is spreading in cities. The main drivers are as follows. Fuel demand. Vehicles and industry keep lifting consumption. Project work. Refinery and gas upgrades need engineering partners. Cleaner fuel. CNG and piped gas reach more users. 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A growing retail network supports fuel sales as demand rises.\"}},{\"@type\":\"Question\",\"name\":\"How has Engineers India performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 3,043 crore in FY22 to Rs 4,123 crore in FY26, a compound annual growth rate of 7.9%. Net profit grew from Rs 343 crore in FY22 to Rs 692 crore in FY26, which works out to a compound annual growth rate of 19.2%. The company has a return on equity of 22.0%, a debt to equity ratio of 0.01 and a market capitalisation of Rs 15,096 crore. The stock trades at a P\/E of 19.2, below the industry P\/E of 22.7. Looking ahead, the company is involved in refinery expansions and new petrochemical projects and is widening its work in green energy, hydrogen and infrastructure. 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Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fuel Retail, Engineering and City Gas Stocks with a strong future roadmap: Hindustan Petroleum Corporation, Engineers India and Indraprastha Gas. Compare price, valuation, return on equity and revenue growth as of 23 October 2026.<\/p>\n","protected":false},"author":36,"featured_media":326566,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[3803,15980,5971,15979,15903,7502,15981,15982],"class_list":["post-326567","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-best-stocks","tag-engineering-and-city-gas-stocks","tag-engineers-india","tag-fuel-retail","tag-hindustan-petroleum-corporation","tag-indraprastha-gas","tag-oil-marketing-company-shares","tag-refinery-project-and-gas-distribution-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["326566"],"rank_math_title":["Fuel Retail, Engineering Consultancy and City Gas Stocks"],"rank_math_description":["Compare 3 fuel retail, engineering and city gas stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. 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