
3 Oil and Gas Producer, IT Services Company and Steam Turbines Maker Stocks With a Strong Future Roadmap: Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine
Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine: ROE of 11.1% to 24.2% and FY22 to FY26 revenue CAGR of 5.6% to 26.5%. Prices as of 10 Nov 2026.
Updated: 11 Nov 2026 • 11:04 am
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The three oil explorer, IT services and turbine stocks to watch are Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine. Their return on equity ranges from 11.1% to 24.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 26.5%. Triveni Turbine leads on both return on equity at 24.2% and revenue growth at 26.5% a year. Prices are based on the 10 November 2026 close, and this article is educational, not investment advice.
Oil explorer, IT services and turbine stocks give investors a way to track businesses that sit close to everyday demand in India. Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine cover an oil and gas producer, an IT services company and a steam turbines maker.
This list covers three oil explorer, IT services and turbine stocks with complete current figures: Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine. Every figure comes from the latest reported financials and the 10 November 2026 market close. Companies without complete current figures were left out.
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What Are Oil Explorer, IT Services and Turbine Stocks?
Oil explorer, IT services and turbine stocks are listed companies that explore for and produce crude oil and natural gas, provide software, cloud and digital engineering services to global clients, and build steam turbines and related equipment for industry and power. Their earnings depend on oil and gas output, client technology budgets and industrial investment.
Oil Explorer, IT Services and Turbine Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Oil and Natural Gas Corporation | 233.5 | 282,679 | 6.3 | 7.2 | 11.1 | 0.47 |
| Zensar Technologies | 565.8 | 11,686 | 15.1 | 17.5 | 16.4 | 0.02 |
| Triveni Turbine | 503 | 15,418 | 45.9 | 43.9 | 24.2 | 0.02 |
On valuation, Oil and Natural Gas Corporation and Zensar Technologies trade at a P/E below the industry P/E, while Triveni Turbine trades above it, which reflects the growth the market already expects. Readers comparing oil explorer, IT services and turbine stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in oil explorer, IT services and turbine stocks can use the coming numbers to test whether growth is holding.
Why Do Oil Explorer, IT Services and Turbine Stocks Have a Strong Roadmap in India?
Oil explorer, IT services and turbine stocks have a strong roadmap in India because steady energy needs, wider enterprise adoption of digital services and heavy industrial investment in captive power keep widening the market for these companies.
- Oil and gas. Energy demand grows with the economy.
- IT services. Clients invest in cloud and data work.
- Steam turbines. Industry adds efficient captive power.
Why Oil and Natural Gas Corporation Features Among These Oil Explorer, IT Services and Turbine Stocks
Among the oil explorer, IT services and turbine stocks on this list, Oil and Natural Gas Corporation is India's largest producer of crude oil and natural gas, with operations in domestic basins and overseas assets. It also has interests in refining, petrochemicals and gas through group companies.
In the June 2026 quarter, revenue grew 25.5% year on year to Rs 207,776 crore. Revenue rose from Rs 498,738 crore in FY22 to Rs 621,019 crore in FY26, a compound annual growth rate of 5.6%.
Net profit grew from Rs 32,778 crore in FY23 to Rs 49,793 crore in FY26, which works out to a compound annual growth rate of 15.0%. The company has a return on equity of 11.1%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 282,679 crore. The stock trades at a P/E of 6.3, below the industry P/E of 7.2.
Roadmap: The company is investing in new wells, deepwater projects and field redevelopment to raise output, and it is entering new energy areas such as gas and renewables. Its large reserve base supports long-term production.
What to watch: Follow production volumes, new field start-ups and realisations.
Why Zensar Technologies Features Among These Oil Explorer, IT Services and Turbine Stocks
Among the crude producer, software and power machine shares on this list, Zensar Technologies, an RPG group company, offers digital engineering, cloud and experience services to clients across financial services, retail and manufacturing.
The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 11,686 crore. The stock trades at a P/E of 15.1, below the industry P/E of 17.5.
Revenue rose from Rs 4,382 crore in FY22 to Rs 5,921 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 422 crore in FY22 to Rs 775 crore in FY26, which works out to a compound annual growth rate of 16.4%. In the June 2026 quarter, revenue grew 8.6% year on year to Rs 1,566 crore, while net profit rose 1.0% to Rs 184 crore.
Roadmap: Strong deal wins in cloud and data work, a focus on fewer, larger clients and the use of artificial intelligence in delivery support its path. Cost discipline has allowed margins to improve over the years.
What to watch: Follow client concentration and growth in large accounts.
Why Triveni Turbine Features Among These Oil Explorer, IT Services and Turbine Stocks
Among the three companies on this list, Triveni Turbine designs and manufactures steam turbines up to 100 MW for industrial power, sugar, biomass and waste-to-energy plants, and has a large aftermarket business.
Revenue rose from Rs 882 crore in FY22 to Rs 2,258 crore in FY26, a compound annual growth rate of 26.5%. Net profit grew from Rs 270 crore in FY22 to Rs 349 crore in FY26, which works out to a compound annual growth rate of 6.6%.
In the June 2026 quarter, revenue grew 19.7% year on year to Rs 471 crore. The company has a return on equity of 24.2%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 15,418 crore. The stock trades at a P/E of 45.9, above the industry P/E of 43.9.
Roadmap: Its roadmap includes new product platforms, a rising share of exports and a growing aftermarket franchise that brings recurring revenue. A healthy order book gives visibility into the coming quarters, and a debt-free balance sheet supports expansion.
What to watch: Track order inflows, since turbine deliveries follow orders with a lag.
Oil and Natural Gas Corporation vs Zensar Technologies vs Triveni Turbine on Key Financials
The table below sets the three oil explorer, IT services and turbine stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Oil and Natural Gas Corporation | 498,738 | 621,019 | 5.6% | 49,793 | 8.0% |
| Zensar Technologies | 4,382 | 5,921 | 7.8% | 775 | 13.1% |
| Triveni Turbine | 882 | 2,258 | 26.5% | 349 | 15.5% |
Triveni Turbine posts the highest return on equity in this group at 24.2%. Oil and Natural Gas Corporation has the largest FY26 revenue at Rs 621,019 crore, and Triveni Turbine shows the fastest revenue growth with a 26.5% compound annual rate. A useful habit with oil explorer, IT services and turbine stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several upstream energy, digital engineering and steam turbine stocks instead of one name, which keeps a single result from deciding the outcome.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Oil and Natural Gas Corporation | 165,589 | 207,776 | 25.5% |
| Zensar Technologies | 1,442 | 1,566 | 8.6% |
| Triveni Turbine | 394 | 471 | 19.7% |
Key Risks to Check Before Investing in Oil Explorer, IT Services and Turbine Stocks
Every theme carries risks that deserve a check before any decision. For these oil explorer, IT services and turbine stocks, the main points are: Long-term crude producer, software and power machine shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio. Tracking promoter holding and management commentary adds context when you study crude producer, software and power machine shares.
- Oil and gas prices. Earnings follow crude oil, gas and refining margins.
- Client spending. Technology budgets can vary with global conditions.
- Capital spending cycles. Customer investment in plants and equipment can vary.
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.
Use the Univest Stock Screener to filter oil explorer, IT services and turbine stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Oil Explorer, IT Services and Turbine Stocks
Oil explorer, IT services and turbine stocks work best when investors track growth, valuation and return on equity side by side. Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine each have a clear plan to grow. Based on the 10 November 2026 close, Oil and Natural Gas Corporation trades at Rs 233.5, Zensar Technologies at Rs 565.8 and Triveni Turbine at Rs 503. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these oil explorer, IT services and turbine stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track oil explorer, IT services and turbine stocks, set price alerts and get research-backed stock ideas.
Disclaimer: 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).
What are oil explorer, IT services and turbine stocks?
Ans. Oil explorer, IT services and turbine stocks are listed companies that explore for and produce crude oil and natural gas, provide software, cloud and digital engineering services to global clients, and build steam turbines and related equipment for industry and power. Their earnings depend on oil and gas output, client technology budgets and industrial investment. This list looks at three of them, Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine, using reported FY22 to FY26 financials and the 10 November 2026 closing prices.
Which oil explorer, IT services and turbine stocks are covered in this list?
Ans. This list covers Oil and Natural Gas Corporation, Zensar Technologies and Triveni Turbine. Based on the 10 November 2026 close, Oil and Natural Gas Corporation traded at Rs 233.5, Zensar Technologies at Rs 565.8 and Triveni Turbine at Rs 503. Their return on equity ranges from 11.1% to 24.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.6% to 26.5%.
Why do oil explorer, IT services and turbine stocks have a strong future roadmap in India?
Ans. Oil explorer, IT services and turbine stocks have a strong roadmap in India because steady energy needs, wider enterprise adoption of digital services and heavy industrial investment in captive power keep widening the market for these companies. The main drivers are as follows. Oil and gas. Energy demand grows with the economy. IT services. Clients invest in cloud and data work. Steam turbines. Industry adds efficient captive power. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Oil and Natural Gas Corporation performed financially?
Ans. Revenue rose from Rs 498,738 crore in FY22 to Rs 621,019 crore in FY26, a compound annual growth rate of 5.6%. Net profit grew from Rs 32,778 crore in FY23 to Rs 49,793 crore in FY26, which works out to a compound annual growth rate of 15.0%. In the June 2026 quarter, revenue grew 25.5% year on year to Rs 207,776 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 282,679 crore. The stock trades at a P/E of 6.3, below the industry P/E of 7.2. Looking ahead, the company is investing in new wells, deepwater projects and field redevelopment to raise output, and it is entering new energy areas such as gas and renewables. Its large reserve base supports long-term production.
How has Zensar Technologies performed financially?
Ans. Revenue rose from Rs 4,382 crore in FY22 to Rs 5,921 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew from Rs 422 crore in FY22 to Rs 775 crore in FY26, which works out to a compound annual growth rate of 16.4%. In the June 2026 quarter, revenue grew 8.6% year on year to Rs 1,566 crore, while net profit rose 1.0% to Rs 184 crore. The company has a return on equity of 16.4%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 11,686 crore. The stock trades at a P/E of 15.1, below the industry P/E of 17.5. Looking ahead, strong deal wins in cloud and data work, a focus on fewer, larger clients and the use of artificial intelligence in delivery support its path. Cost discipline has allowed margins to improve over the years.
How has Triveni Turbine performed financially?
Ans. Revenue rose from Rs 882 crore in FY22 to Rs 2,258 crore in FY26, a compound annual growth rate of 26.5%. Net profit grew from Rs 270 crore in FY22 to Rs 349 crore in FY26, which works out to a compound annual growth rate of 6.6%. In the June 2026 quarter, revenue grew 19.7% year on year to Rs 471 crore. The company has a return on equity of 24.2%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 15,418 crore. The stock trades at a P/E of 45.9, above the industry P/E of 43.9. Looking ahead, its roadmap includes new product platforms, a rising share of exports and a growing aftermarket franchise that brings recurring revenue. A healthy order book gives visibility into the coming quarters, and a debt-free balance sheet supports expansion.
What risks should investors check before buying oil explorer, IT services and turbine stocks?
Ans. Investors should check a few risks before buying oil explorer, IT services and turbine stocks. Oil and gas prices. Earnings follow crude oil, gas and refining margins. Client spending. Technology budgets can vary with global conditions. Capital spending cycles. Customer investment in plants and equipment can vary. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of oil explorer, IT services and turbine stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 10 November 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.
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