OILOil Gas & Consumable Fuels

Oil India Limited

Oil Exploration & Production · ISIN INE274J01014 · BSE 533106 · NSE EQ · FV ₹10
Last price
₹477
-2.09%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 3rd largest of 6 Oil Exploration & Production companies we track, by market value.

In the report:
67out of 100
Equitytale Health Score
Solid

Healthier than 67% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 611–2,858 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)
48

At close. Not part of the score.

Profitability & returns80

How much profit it earns on the money it employs

Balance sheet44

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

Valuation86

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
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 We do not publish price targets or predict returns.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
₹477 -2.09%
latest close · 2026-09-17
1-year return
+298.6%
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 ratio5.3Low
LowAverageHigh
P/B ratio1.34Moderate
Below bookModerateHigh
EV / EBITDA4.6Low
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
₹77,654 cr
Book value
₹357
EPS
₹22.32
latest quarter
Net debt
₹34,636 cr
owes more than its cash
Enterprise value
₹1.12 L cr
EBITDA
₹24,571 cr
annualised
EBIT
₹21,778 cr
annualised
Operating margin
42.3%
Return on assets
11.7%
Earnings yield
18.70%
P/S
1.51
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 %
45.3%
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 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Priced about rightMedium confidence
Median of 2 models ₹495 vs market price ₹477 — price is 4% below it
Safety cushion+3.6%(target ≥ +20%)
Models span ₹436₹554, midpoint ₹495
Model ₹495
Price ₹477
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
Vedanta Oil and Gas Limited₹35₹84,396 cr
Oil India Limitedthis company₹477₹77,654 cr5.3
Antelopus Selan Energy Limited₹1,131₹3,976 cr18.3
Prabha Energy Limited₹221₹3,160 cr2,759.6
Hindustan Oil Exploration Company Limited₹181₹2,393 cr96.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
2.41%
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 · 2026-06-30
No pledge
Promoter
56.7%
FII / Foreign
7.3%
DII / Domestic
20.1%
Retail / others
15.9%
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 · NSE59 Sep 26
short · NSE9008 Sep 26
short · NSE107 Sep 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 · 18 Sep 2025
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, 2025 together with the Report of the Board of Directors, Reports of the Auditors and the Comments of the Comptroller & Auditor General of India.
Backed by 100% of shareholders other than promotersneeded 50%
52.49 cr votes for, 3.81 L against · 0% of mutual funds and other big investors said no
2
To declare Final Dividend [Rs. 1.50 per share i.e. 15% of the paid-up capital] for the financial year 2024-25 on the equity shares of the Company.
Backed by 100% of shareholders other than promotersneeded 50%
52.63 cr votes for, 11,926 against · 0% of mutual funds and other big investors said no
3
To appoint a Director in place of Shri Saloma Yomdo (DIN:10696034), Director (Exploration & Development) who retires by rotation and being eligible, offers himself for re-appointment.
Backed by 80% of shareholders other than promotersneeded 50%
42.15 cr votes for, 10.48 cr against · 26% 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 & Auditor General of India for the financial year 2025-26.
Backed by 100% of shareholders other than promotersneeded 50%
52.63 cr votes for, 12,292 against · 0% of mutual funds and other big investors said no
9
To Appoint Shri Raju Revanakar [DIN: 09398201] as Independent Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 73% of shareholders other than promotersneeded 75%
38.39 cr votes for, 14.23 cr against · 35% of mutual funds and other big investors said no
10
To Appoint Ms. Pooja Suri [DIN:03077515] as Independent Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 73% of shareholders other than promotersneeded 75%
38.51 cr votes for, 14.12 cr against · 35% of mutual funds and other big investors said no
11
To Appoint Shri Moti Lal Meena [DIN:11111214] as Independent Director of the Company.
⚑ Passed only because promoters voted yes
Backed by 73% of shareholders other than promotersneeded 75%
38.58 cr votes for, 14.05 cr against · 35% 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 2026-06-30
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.