OILOil Gas & Consumable Fuels

Oil India Limited

Oil Exploration & Production · ISIN INE274J01014 · BSE 533106 · NSE EQ · FV ₹10
Last price
₹458
+0.55%today
What this company does

Oil India Limited operates in Oil Exploration & Production, part of the Oil Gas & Consumable Fuels sector. It booked ₹12,886 cr of revenue in its latest quarter (Q1 FY27) and kept 28.2% of sales as profit. It is the 2nd largest of 6 Oil Exploration & Production companies we track, by market value.

In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 655–2,932 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
50

At close. Not part of the score.

Profitability & returns81

How much profit it earns on the money it employs

Balance sheet45

How much it owes, and whether earnings cover the interest

Cash quality66

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation90

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Looks broadly healthySlightly cheap vs. 3 models ↓
Strengths
✓ Makes a profit
✓ Strong 28% net margin
✓ Sales up 47% vs last year
✓ Profit up 91% vs last year
✓ Promoters hold 57%
✓ No promoter shares pledged
✓ Strong 25% return on equity
✓ Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in OIL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹458▲ +0.55%
latest close · 2026-11-04
1-year return
+192.4%
52-wk low ₹11352-wk high ₹514
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio5.1Low
LowAverageHigh
P/B ratio1.28Moderate
Below bookModerateHigh
EV / EBITDA4.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity25.0%Strong
WeakFairStrong ▸15%
Return on capital20.4%Strong
WeakFairStrong
Net margin28.2%Strong
ThinDecentStrong
EBITDA margin47.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.56Moderate
LowModerateHigh ▸1
Interest cover18.0×Strong
RiskyOkayStrong ▸5×
Current ratio1.09Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹74,499 cr
Book value
₹357
EPS
₹22.32
latest quarter
Net debt
₹34,636 cr
owes more than its cash
Enterprise value
₹1.09 L cr
EBITDA
₹24,571 cr
annualised
EBIT
₹21,778 cr
annualised
Operating margin
42.3%
Return on assets
11.7%
Earnings yield
19.49%
P/S
1.45
Sales / share
₹316.9
Tax rate
25.2%
Face value
₹10
Shares
162.7 cr
Working capital
₹1,551 cr
Current assets
₹18,903 cr
Current liabilities
₹17,351 cr
Delivery %
50.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2024 report & filings
not investment advice
Slightly cheapHigh confidence
Median of 3 models ₹554 vs market price ₹458 — price is 17% below it
Safety cushion+17.3%(target ≥ +20%)
Models span ₹436–₹614, midpoint ₹554
Model ₹554
Price ₹458
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹12,886 cr
Other Income₹350 cr
Total Income₹13,236 cr
Cost of Materials₹2,269 cr
Purchases of Stock-in-Trade₹72 cr
Inventory Change (±)₹-63 cr
Employee Benefit Expense₹556 cr
Finance Costs₹302 cr
Depreciation & Amortisation₹698 cr
Other Expenses₹4,259 cr
Total Expenses₹8,094 cr
Profit before Tax₹5,142 cr
Tax Expense₹1,295 cr
Share of JV / Associates₹180 cr
Net Profit₹4,027 cr
Net margin on total income30.4%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,278 cr17.0%
Employee benefit expense₹556 cr4.1%
Finance costs₹302 cr2.3%
Depreciation & amortisation₹698 cr5.2%
Other expenses₹4,259 cr31.7%
Tax expense₹1,295 cr9.7%
Profit for the period₹4,027 cr30.0%
Total income ₹13,236 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue9,111 cr10,013 cr12,886 cr
Total income9,768 cr10,515 cr13,236 cr
Expenses7,634 cr7,812 cr8,094 cr
Profit before tax2,134 cr2,702 cr5,142 cr
Tax474 cr695 cr1,295 cr
Net profit (owners' share)1,195 cr2,100 cr3,630 cr
Net margin (owners' share, on revenue)13.1%21.0%28.2%
EPS (₹)7.3512.9122.32
YoY (latest quarter): total income +47.0% · net profit +91.4%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹1.24 L cr
Shareholder equity
₹57,998 cr
parent shareholders
Total debt
₹35,959 cr
Cash
₹1,323 cr
Cash flow · H1 FY26
Operating
₹3,299 cr
Investing
₹-5,004 cr
Financing
₹3,815 cr
Peer comparison
Oil Exploration & Production · by market value
CompanyPriceMarket capP/E
Oil & Natural Gas Corporation Limited₹232₹2.92 L cr6.1
Oil India Limitedthis company₹456₹74,092 cr5.1
Vedanta Oil and Gas Limited₹30₹11,843 cr4.0
Antelopus Selan Energy Limited₹975₹3,428 cr15.8
Prabha Energy Limited₹185₹2,654 cr2,317.5
Hindustan Oil Exploration Company Limited₹151₹2,003 cr80.6
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.51%
trailing 12 months
Dividend / share (TTM)
₹11.5
Last dividend
₹1
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹1 / share4 Sep 2026
Dividend₹7 / share18 Feb 2026
Dividend₹3.5 / share21 Nov 2025
Dividend₹1.5 / share4 Sep 2025
Dividend₹7 / share17 Feb 2025
Dividend₹3 / share14 Nov 2024
Who owns it · 2026-09-30
No pledge
Promoter
56.7%
FII / Foreign
7.1%
DII / Domestic
20.7%
Retail / others
15.5%
Smart-money activity
Insider trades
SoldThe President of India · Promoters3.16 cr · ₹31.6 cr3 Feb 20
SoldThe President of India · Promoter Group2.22 cr · ₹22.2 cr22 Jul 19
SoldThe President of India · Promoters1.55 cr · ₹15.5 cr25 Mar 19
Bulk / block deals
short— · NSE1002 Nov 26
short— · NSE22,40027 Oct 26
short— · NSE122 Oct 26
Stake changes
SoldLife Insurance Corporation of India→ 9.68% · 2.21 cr20 Sep 23
SoldLife Insurance Corporation of India→ 9.68% · 2.21 cr20 Sep 23
SoldThe President of India, acting through the Ministry of Petroleum and Natural Gas, Government of India (the Seller) · promoter→ 56.66% · 3.16 cr3 Feb 20
What shareholders were asked to approve
3 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 17 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements including Consolidated Financial Statements of the Company for the year ended on 31st March, 2026 together with the Directors`Report, Auditors` Report and the Comments of the Comptroller and Auditor General of India.
Backed by 89% of shareholders other than promotersneeded 50%
48.42 cr votes for, 5.95 cr against · 15% of mutual funds and other big investors said no
2
To declare Final Dividend of Re. 1/- per share i.e. 10 percent of the paid-up capital for the financial year 2025-26, on the equity shares of the Company.
Backed by 96% of shareholders other than promotersneeded 50%
52.25 cr votes for, 2.15 cr against · 5% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Abhijit Majumder (DIN:10788427), Director (Finance) who retires by rotation and being eligible offers himself for re-appointment.
Backed by 80% of shareholders other than promotersneeded 50%
43.65 cr votes for, 10.73 cr against · 27% of mutual funds and other big investors said no
4
To authorize the Board of Directors to decide remuneration / fees of the Statutory Auditors of the Company, appointed by the Comptroller and Auditor General of India, for the financial year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
54.33 cr votes for, 5.91 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 56.7% between them · as of 2026-09-30
President of India56.66%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.