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 ₹ 72,832 Cr.
- Current Price ₹ 448
- High / Low ₹ 524 / 322
- Stock P/E 12.5
- Book Value ₹ 346
- Dividend Yield 2.58 %
- ROCE 12.9 %
- ROE 13.3 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 26.1%
Cons
- The company has delivered a poor sales growth of 11.2% over past five years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 9,690 | 9,978 | 9,821 | 9,566 | 10,698 | 13,780 | 18,612 | 17,616 | 25,906 | 36,084 | 31,749 | 31,703 | 33,461 | |
| 6,044 | 6,346 | 6,235 | 6,446 | 6,770 | 8,190 | 13,297 | 11,928 | 15,405 | 20,829 | 19,245 | 20,546 | 23,932 | |
| Operating Profit | 3,646 | 3,633 | 3,586 | 3,120 | 3,928 | 5,591 | 5,315 | 5,689 | 10,500 | 15,255 | 12,504 | 11,158 | 9,529 |
| OPM % | 38% | 36% | 37% | 33% | 37% | 41% | 29% | 32% | 41% | 42% | 39% | 35% | 28% |
| 1,589 | 1,258 | 1,198 | 793 | 1,812 | 1,251 | 2,147 | 1,185 | 1,254 | 737 | -566 | 1,666 | 2,740 | |
| Interest | 71 | 349 | 389 | 441 | 554 | 624 | 647 | 660 | 940 | 901 | 964 | 1,069 | 1,067 |
| Depreciation | 822 | 865 | 1,070 | 1,180 | 1,327 | 1,541 | 1,786 | 1,844 | 1,824 | 1,947 | 2,129 | 2,318 | 2,546 |
| Profit before tax | 4,342 | 3,677 | 3,324 | 2,292 | 3,859 | 4,677 | 5,030 | 4,369 | 8,990 | 13,144 | 8,846 | 9,436 | 8,655 |
| Tax % | 33% | 32% | 37% | 30% | 29% | 31% | 0% | 5% | 25% | 25% | 21% | 25% | |
| 2,990 | 2,608 | 2,080 | 1,597 | 2,735 | 3,238 | 5,005 | 4,146 | 6,719 | 9,854 | 6,980 | 7,040 | 6,623 | |
| EPS in Rs | 16.58 | 14.46 | 11.53 | 8.85 | 16.06 | 19.91 | 28.90 | 21.69 | 34.56 | 53.66 | 38.95 | 40.27 | 35.84 |
| Dividend Payout % | 43% | 46% | 46% | 72% | 42% | 34% | 24% | 15% | 27% | 25% | 25% | 29% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 7% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| TTM: | -21% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 41% |
| 3 Years: | 39% |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 18% |
| 3 Years: | 18% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 20,080 | 20,900 | 24,577 | 28,718 | 28,273 | 27,890 | 22,126 | 22,582 | 29,478 | 37,397 | 47,255 | 48,141 | 54,631 |
| 10,146 | 9,070 | 9,722 | 14,184 | 12,329 | 15,114 | 12,743 | 19,718 | 16,721 | 18,832 | 24,040 | 30,645 | 35,854 | |
| 4,571 | 6,549 | 5,344 | 7,600 | 7,353 | 8,430 | 20,981 | 12,151 | 13,846 | 16,866 | 20,114 | 24,410 | 24,796 | |
| Total Liabilities | 35,398 | 37,120 | 40,244 | 51,303 | 48,712 | 52,518 | 56,936 | 55,535 | 61,129 | 74,179 | 92,494 | 104,823 | 116,908 |
| 11,201 | 12,676 | 8,678 | 10,550 | 12,320 | 12,471 | 15,955 | 15,969 | 16,805 | 18,098 | 20,520 | 23,649 | 24,707 | |
| CWIP | 2,816 | 3,755 | 1,812 | 1,894 | 988 | 1,267 | 2,368 | 3,171 | 5,900 | 11,953 | 20,028 | 29,527 | 32,695 |
| Investments | 5,223 | 5,573 | 15,052 | 27,461 | 26,657 | 26,451 | 25,718 | 24,010 | 27,099 | 27,924 | 34,450 | 31,613 | 36,890 |
| 16,158 | 15,116 | 14,701 | 11,398 | 8,747 | 12,329 | 12,894 | 12,385 | 11,325 | 16,204 | 17,496 | 20,034 | 22,617 | |
| Total Assets | 35,398 | 37,120 | 40,244 | 51,303 | 48,712 | 52,518 | 56,936 | 55,535 | 61,129 | 74,179 | 92,494 | 104,823 | 116,908 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,616 | 1,754 | 3,597 | 3,114 | 3,933 | 5,023 | 6,493 | 5,235 | 9,310 | 11,410 | 10,933 | 11,332 | |
| -10,064 | -1,992 | -2,677 | -5,865 | 1,778 | -578 | -2,207 | -8,517 | -4,192 | -9,130 | -12,601 | -13,514 | |
| 6,972 | -2,603 | -871 | 2,758 | -5,698 | -940 | -7,331 | 3,702 | -5,615 | -2,521 | 1,637 | 2,483 | |
| Net Cash Flow | -477 | -2,841 | 49 | 7 | 12 | 3,504 | -3,045 | 420 | -498 | -241 | -30 | 301 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 87 | 49 | 39 | 48 | 35 | 29 | 38 | 25 | 24 | 38 | 38 |
| Inventory Days | 333 | 350 | 286 | 244 | 238 | 264 | ||||||
| Days Payable | 105 | 140 | 115 | 83 | 84 | 112 | ||||||
| Cash Conversion Cycle | 18 | 87 | 49 | 39 | 48 | 35 | 257 | 249 | 196 | 185 | 192 | 190 |
| Working Capital Days | -280 | 31 | 45 | -168 | 10 | -77 | -141 | -45 | 21 | 24 | -48 | -46 |
| ROCE % | 17% | 13% | 12% | 10% | 10% | 15% | 15% | 13% | 21% | 25% | 18% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10h - Transcript of Oil India Q3 FY26 earnings call (11 Feb 2026); Q3 results, guidance, and INR7 dividend uploaded.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 Feb - Audio recording of Oil India's Q3 FY2025-26 con-call (11 Feb 2026) uploaded; no UPSI shared.
- Record Date For Second Interim Dividend For FY 2025-26 10 Feb
- Corporate Action-Board approves Dividend 10 Feb
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Unaudited Financial Results For Quarter And Nine-Months Ended 31St December, 2025 On Standalone And Consolidated Basis
10 Feb - Declared Rs7 interim dividend; divest 50% Licence‑61 Russia; Rs4,509.98 crore GST/service-tax provision.
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]