Oil India Ltd
Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of LPG. It also provides various E&P related services for oil blocks.[1]
- Market Cap ₹ 76,174 Cr.
- Current Price ₹ 468
- High / Low ₹ 524 / 322
- Stock P/E 17.9
- Book Value ₹ 298
- Dividend Yield 2.44 %
- ROCE 15.2 %
- ROE 13.5 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 30.2%
Cons
- The company has delivered a poor sales growth of 11.1% over past five years.
- Earnings include an other income of Rs.2,217 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Oil Exploration & Production
Part of BSE 500 BSE 200 BSE Dollex 200 BSE PSU Nifty 500
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,587 | 9,748 | 9,765 | 9,510 | 10,656 | 13,735 | 12,129 | 8,605 | 14,530 | 21,372 | 20,008 | 20,527 | 20,904 | |
| 6,020 | 6,218 | 6,177 | 6,406 | 6,745 | 8,251 | 9,538 | 7,353 | 9,161 | 11,693 | 10,315 | 11,761 | 14,680 | |
| Operating Profit | 3,566 | 3,530 | 3,588 | 3,105 | 3,911 | 5,484 | 2,591 | 1,252 | 5,369 | 9,679 | 9,693 | 8,766 | 6,224 |
| OPM % | 37% | 36% | 37% | 33% | 37% | 40% | 21% | 15% | 37% | 45% | 48% | 43% | 30% |
| 1,629 | 1,272 | 1,179 | 529 | 1,484 | 408 | 1,520 | 1,508 | 1,897 | 1,497 | -413 | 1,870 | 2,217 | |
| Interest | 69 | 341 | 384 | 397 | 416 | 479 | 499 | 499 | 783 | 724 | 760 | 866 | 875 |
| Depreciation | 716 | 733 | 942 | 1,091 | 1,270 | 1,496 | 1,492 | 1,538 | 1,497 | 1,595 | 1,775 | 1,919 | 2,182 |
| Profit before tax | 4,410 | 3,729 | 3,441 | 2,146 | 3,710 | 3,916 | 2,120 | 723 | 4,986 | 8,857 | 6,745 | 7,851 | 5,383 |
| Tax % | 32% | 33% | 33% | 28% | 28% | 34% | -22% | -141% | 22% | 23% | 18% | 22% | |
| 2,981 | 2,510 | 2,302 | 1,549 | 2,668 | 2,590 | 2,584 | 1,742 | 3,887 | 6,810 | 5,552 | 6,114 | 4,257 | |
| EPS in Rs | 16.53 | 13.92 | 12.76 | 8.59 | 15.67 | 15.92 | 15.89 | 10.71 | 23.90 | 41.87 | 34.13 | 37.59 | 26.17 |
| Dividend Payout % | 43% | 48% | 42% | 74% | 43% | 43% | 44% | 31% | 40% | 32% | 28% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 19% |
| 3 Years: | 16% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 40% |
| 3 Years: | 39% |
| 1 Year: | 27% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 16% |
| 3 Years: | 18% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 601 | 601 | 601 | 802 | 757 | 1,084 | 1,084 | 1,084 | 1,084 | 1,084 | 1,084 | 1,627 | 1,627 |
| Reserves | 20,107 | 20,913 | 24,318 | 28,289 | 27,153 | 26,661 | 23,302 | 25,126 | 28,806 | 33,281 | 43,038 | 43,808 | 46,872 |
| 9,783 | 8,341 | 9,133 | 8,948 | 9,004 | 11,624 | 8,885 | 16,022 | 11,894 | 11,437 | 11,710 | 12,886 | 13,554 | |
| 4,438 | 6,427 | 5,097 | 7,302 | 7,121 | 8,182 | 9,671 | 8,518 | 8,229 | 8,542 | 9,483 | 11,377 | 11,659 | |
| Total Liabilities | 34,929 | 36,283 | 39,149 | 45,340 | 44,034 | 47,551 | 42,943 | 50,750 | 50,014 | 54,344 | 65,315 | 69,698 | 73,711 |
| 5,479 | 6,430 | 8,178 | 10,131 | 11,960 | 12,128 | 12,821 | 12,758 | 13,510 | 14,726 | 16,669 | 19,385 | 20,441 | |
| CWIP | 2,077 | 2,697 | 1,805 | 1,894 | 988 | 1,267 | 2,025 | 2,388 | 2,063 | 2,344 | 2,388 | 3,336 | 3,258 |
| Investments | 11,457 | 11,678 | 14,453 | 21,950 | 22,786 | 22,003 | 18,389 | 25,023 | 27,993 | 28,321 | 37,133 | 35,170 | 37,871 |
| 15,916 | 15,478 | 14,713 | 11,365 | 8,301 | 12,152 | 9,708 | 10,582 | 6,448 | 8,954 | 9,125 | 11,807 | 12,141 | |
| Total Assets | 34,929 | 36,283 | 39,149 | 45,340 | 44,034 | 47,551 | 42,943 | 50,750 | 50,014 | 54,344 | 65,315 | 69,698 | 73,711 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,658 | 1,155 | 3,474 | 2,573 | 3,095 | 5,069 | 5,304 | 1,793 | 6,005 | 7,660 | 7,715 | 8,171 | |
| -10,078 | -1,163 | -2,175 | -713 | 459 | -745 | -2,904 | -7,224 | -446 | -3,593 | -4,945 | -5,233 | |
| 6,831 | -2,828 | -1,248 | -1,865 | -3,616 | -778 | -5,554 | 5,982 | -6,218 | -4,220 | -2,776 | -2,782 | |
| Net Cash Flow | -589 | -2,836 | 51 | -5 | -63 | 3,547 | -3,155 | 551 | -659 | -152 | -6 | 156 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 89 | 50 | 39 | 48 | 35 | 32 | 50 | 35 | 38 | 47 | 48 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 18 | 89 | 50 | 39 | 48 | 35 | 32 | 50 | 35 | 38 | 47 | 48 |
| Working Capital Days | -266 | 60 | 66 | 29 | 1 | -81 | 1 | -75 | 9 | 40 | -67 | -33 |
| ROCE % | 18% | 13% | 13% | 10% | 11% | 14% | 7% | 4% | 14% | 22% | 20% | 15% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2027 | Mar 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NRL Refinery Capacity MMTPA |
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| Crude Oil Production MMT |
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| LPG Production TMT |
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| Natural Gas Production BCM |
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| Wells Drilled Number |
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| NRL Distillate Yield % |
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Documents
Announcements
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Change Of Government Nominee Director
1d - Bhupinder Kumar nominated as Govt. nominee director; Rohit Mathur ceased, effective 09.03.2026.
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Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
28 Feb - NSE levied Rs.5,42,800 fine on 27 Feb 2026 for non-appointment of independent directors.
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Newspaper Advertisement - Notice To Shareholders
27 Feb - Published 27 Feb 2026 advertisement about Special Window for transfer and dematerialisation per SEBI circular Jan 30, 2026.
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Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
27 Feb - BSE fined Rs.5,42,800 for non-appointment of independent directors for Q3 Dec 2025 (email 27-Feb-2026).
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Change In Senior Management
27 Feb - Ranjan Goswami, Executive Director (Business Development), will superannuate on 28 February 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
Concalls
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Feb 2026TranscriptPPTREC
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Nov 2025Transcript PPT REC
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Aug 2025TranscriptPPT
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Jun 2025Transcript PPT
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Feb 2025TranscriptPPT
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Nov 2024TranscriptPPT
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Aug 2024TranscriptPPT
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May 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptPPTREC
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Nov 2023TranscriptPPT
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Aug 2023TranscriptPPT
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Jun 2023Transcript PPT
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Feb 2023TranscriptPPT
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Nov 2022TranscriptPPT
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Aug 2022TranscriptPPT
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Jun 2022Transcript PPT
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Jul 2017TranscriptAI SummaryPPT
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Nov 2016TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
Business Overview
The Company is engaged in the exploration, development and production of crude oil & natural gas, production of LPG, transportation of crude oil & natural gas and generation of renewable energy. It accorded "MAHARATNA" status in Aug,23. [1][2]