Oil India Ltd

Oil India Ltd

₹ 612 0.68%
25 Apr - close price
About

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]

Key Points

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]

  • Market Cap 66,420 Cr.
  • Current Price 612
  • High / Low 670 / 241
  • Stock P/E 9.31
  • Book Value 339
  • Dividend Yield 3.27 %
  • ROCE 21.8 %
  • ROE 21.1 %
  • Face Value 10.0

Pros

  • Stock is providing a good dividend yield of 3.27%.
  • Company has delivered good profit growth of 20.5% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 34.2%
  • Company's working capital requirements have reduced from 55.4 days to 38.2 days

Cons

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
2,122 2,576 3,004 3,311 3,737 4,479 5,964 4,643 5,376 5,394 4,531 5,342 5,324
2,220 2,155 1,774 2,398 2,469 2,520 3,331 2,795 2,521 3,047 2,202 2,854 3,218
Operating Profit -97 421 1,230 913 1,267 1,958 2,633 1,848 2,855 2,348 2,329 2,488 2,106
OPM % -5% 16% 41% 28% 34% 44% 44% 40% 53% 44% 51% 47% 40%
223 1,263 67 368 968 494 66 895 102 429 334 -1,653 508
Interest 122 127 222 187 175 199 204 211 201 108 166 224 181
Depreciation 388 418 397 420 468 211 387 424 454 331 397 423 499
Profit before tax -384 1,140 677 674 1,593 2,042 2,108 2,108 2,303 2,338 2,100 188 1,933
Tax % 335% 26% 25% 25% 22% 20% 26% 18% 24% 24% 23% -73% 18%
904 848 508 504 1,245 1,630 1,555 1,721 1,746 1,788 1,613 325 1,584
EPS in Rs 8.33 7.82 4.68 4.65 11.48 15.03 14.34 15.87 16.10 16.49 14.88 3.00 14.61
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
9,863 9,948 9,587 9,748 9,765 9,510 10,656 13,735 12,129 8,605 14,530 21,385 20,592
5,283 5,355 6,020 6,218 6,177 6,406 6,745 8,251 9,538 7,353 9,161 11,693 11,321
Operating Profit 4,580 4,593 3,566 3,530 3,588 3,105 3,911 5,484 2,591 1,252 5,369 9,692 9,271
OPM % 46% 46% 37% 36% 37% 33% 37% 40% 21% 15% 37% 45% 45%
1,417 1,530 1,629 1,272 1,179 529 1,484 408 1,520 1,508 1,897 1,484 -382
Interest 9 3 69 341 384 397 416 479 499 499 783 724 678
Depreciation 885 838 716 733 942 1,091 1,270 1,496 1,492 1,538 1,497 1,595 1,651
Profit before tax 5,102 5,283 4,410 3,729 3,441 2,146 3,710 3,916 2,120 723 4,986 8,857 6,559
Tax % 32% 32% 32% 33% 33% 28% 28% 34% -22% -141% 22% 23%
3,447 3,589 2,981 2,510 2,302 1,549 2,668 2,590 2,584 1,742 3,887 6,810 5,311
EPS in Rs 28.67 29.85 24.80 20.88 19.14 12.88 23.51 23.89 23.83 16.06 35.85 62.80 48.98
Dividend Payout % 28% 50% 43% 48% 42% 74% 43% 43% 44% 31% 40% 32%
Compounded Sales Growth
10 Years: 8%
5 Years: 15%
3 Years: 21%
TTM: 1%
Compounded Profit Growth
10 Years: 7%
5 Years: 21%
3 Years: 38%
TTM: 7%
Stock Price CAGR
10 Years: 10%
5 Years: 28%
3 Years: 74%
1 Year: 138%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 15%
Last Year: 21%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 240 601 601 601 601 802 757 1,084 1,084 1,084 1,084 1,084 1,084
Reserves 17,481 18,610 20,107 20,913 24,318 28,289 27,153 26,661 23,302 25,126 28,806 33,281 35,700
19 1,058 9,783 8,341 9,133 8,948 9,004 11,624 8,885 16,022 11,894 11,437 11,587
5,407 4,560 4,438 6,427 5,097 7,302 7,121 8,182 9,671 8,518 8,229 8,542 9,076
Total Liabilities 23,147 24,830 34,929 36,283 39,149 45,340 44,034 47,551 42,943 50,750 50,014 54,344 57,447
1,058 1,202 1,150 1,676 2,765 3,788 5,108 5,224 5,445 4,626 4,447 4,948 15,275
CWIP 1,132 1,769 2,077 2,697 1,805 1,894 988 1,267 2,025 2,388 2,063 2,344 2,833
Investments 2,614 1,857 11,457 11,678 14,453 21,950 22,786 22,003 18,389 25,023 27,993 28,321 30,234
18,343 20,001 20,245 20,232 20,127 17,707 15,152 19,057 17,084 18,714 15,511 18,732 9,105
Total Assets 23,147 24,830 34,929 36,283 39,149 45,340 44,034 47,551 42,943 50,750 50,014 54,344 57,447

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3,031 1,375 2,658 1,155 3,474 2,573 3,095 5,069 5,304 1,793 6,005 7,660
-1,329 712 -10,078 -1,163 -2,175 -713 459 -745 -2,904 -7,224 -446 -3,593
-2,534 -889 6,831 -2,828 -1,248 -1,865 -3,616 -778 -5,554 5,982 -6,218 -4,220
Net Cash Flow -832 1,197 -589 -2,836 51 -5 -63 3,547 -3,155 551 -659 -152

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 39 33 18 89 50 39 48 35 32 50 35 38
Inventory Days
Days Payable
Cash Conversion Cycle 39 33 18 89 50 39 48 35 32 50 35 38
Working Capital Days -9 22 49 60 66 29 1 -81 1 115 13 38
ROCE % 30% 28% 18% 13% 13% 10% 11% 14% 7% 4% 14% 22%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66% 56.66%
8.53% 9.96% 10.11% 11.23% 12.42% 11.78% 11.52% 11.41% 11.03% 11.26% 10.99% 9.52%
18.50% 18.11% 17.91% 16.84% 15.53% 15.37% 16.04% 16.26% 16.36% 15.89% 15.98% 17.66%
0.00% 0.00% 0.00% 0.00% 0.00% 9.87% 9.87% 9.87% 9.87% 9.87% 9.87% 9.87%
16.31% 15.27% 15.33% 15.27% 15.39% 6.32% 5.91% 5.81% 6.11% 6.32% 6.51% 6.30%
No. of Shareholders 1,89,5591,82,7891,99,4482,19,7672,30,3902,48,4572,32,6362,27,9262,25,9922,37,2392,82,3493,37,708

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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