Skip to content
Oil India logo

Oil India

OIL NSE
₹458.00 No trade today
P/E
8.92
View as Markdown
MCP
Close 4 Nov 2026 ₹458.00 +24.95 +5.76% 1Y
Start ₹433.05

Key Fundamentals

MidcapOil & GasEnergy

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
11.50%
Debt to Equity
0.65
EPS (TTM)
₹51.36
Book Value
₹356.56
Market Cap
—
P/E (TTM)
8.92
P/B
1.28
ROE
12.20%
Dividend Yield
2.52%
EBITDA
₹12,377 Cr
52W High
₹531.00
52W Low
₹395.60
Volume
0

Peer Comparison

Energy › Oil & Gas › Oil Exploration & Production

Oil India peer comparison
ONGC
₹235.006.79₹2,93,284 Cr0.805.71%11.60%14.20%₹7,04,123 Cr₹44,793 Cr
Oil India (this company)
₹458.008.92₹73,921 Cr1.282.52%12.20%11.50%₹38,521 Cr₹9,531 Cr
Vedanta Oil and Gas
₹30.910.79₹11,974 Cr—0.00%——₹11,766 Cr₹1,394 Cr
Antelopus Selan Energy
₹963.7025.53₹3,421 Cr4.440.51%15.00%19.90%₹359 Cr₹132 Cr
Prabha Energy
₹195.22—₹2,751 Cr6.980.00%−0.15%−0.09%₹7 Cr₹1 Cr
Hindustan Oil Exploration
₹155.6481.92₹2,023 Cr1.490.00%2.13%3.49%₹299 Cr₹25 Cr
Median 6 companies₹215.118.92₹7,697 Cr1.490.26%11.60%11.50%₹6,063 Cr₹763 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 1 company is not shown because they are not listed on an exchange we cover.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

57 Good

Data confidence 100/100

Category scores

Quality
60
Good
Returns, margins, earnings quality 22% weight
Valuation
71
Strong
Cheap vs sector & own history 24% weight
Growth
61
Good
Sales & profit trajectory 9% weight
Financial Health
28
Poor
Solvency, leverage, coverage 9% weight
Momentum
41
Weak
Trend strength, vol-adjusted 12% weight
Ownership
61
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

2
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 27.2%

No weaknesses listed

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish658
OscillatorsNeutral252
Moving AveragesStrong Bullish406

Key readings

RSI (14)
51.35
Neutral
MACD (12,26,9)
−1.41
Bullish
SMA (50)
466.36
Bearish
SMA (200)
464.76
Bearish

As of

Analyst Rating

Based on 22 analysts
BUY68%

15 of 22 analysts rate Buy, 6 Hold, 1 Sell.

As of

BUY
15
68%
HOLD
6
27%
SELL
1
5%

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+12.91%
5Y+13.43%
3Y−2.85%
1Y+4.35%
TTM+19.18%

Net profit

Net profit growth by window
10Y+13.76%
5Y+12.74%
3Y−8.49%
1Y+7.26%
TTM+34.81%

Operating cash flow

Operating cash flow growth by window
10Y+11.50%
5Y+15.34%
3Y−2.17%
1Y−5.72%
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−4.93 pp
5Y−0.71 pp
3Y−10.70 pp
1Y−3.62 pp
TTM+4.48 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹9,566 Cr
Mar 2018₹10,698 Cr
Mar 2019₹13,780 Cr
Mar 2020₹18,612 Cr
Mar 2021₹17,616 Cr
Mar 2022₹25,906 Cr
Mar 2023₹36,084 Cr
Mar 2024₹31,749 Cr
Mar 2025₹31,703 Cr
Mar 2026₹33,081 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹1,597 Cr
Mar 2018₹2,735 Cr
Mar 2019₹3,238 Cr
Mar 2020₹5,005 Cr
Mar 2021₹4,146 Cr
Mar 2022₹6,719 Cr
Mar 2023₹9,854 Cr
Mar 2024₹6,980 Cr
Mar 2025₹7,040 Cr
Mar 2026₹7,551 Cr

Analyst Forecasts

Forecast For
FY27 consensus · EBITDA
₹16,983 Cr +37.2% vs FY26
Reported High Mean Low

AI Analysis — Bull vs Bear

Figures as of 30 Oct 2026
AI opinion · based on fundamentals
Risk medium

Oil India Ltd trades at ₹454 as of 2026-10-30 with a market cap of ₹73,083 crore. The stock carries a PE of 8.84x and offers a dividend yield of 2.53%, while TTM profit growth stands at 27% against a 3-year profit CAGR of -9%, reflecting cyclical earnings volatility typical of the upstream oil and gas sector.

Bull Case 8
  • TTM profit growth of 27% signals a strong earnings recovery, well above the 10-year compounded profit growth rate of 11%
  • PE ratio of 8.84x is significantly below broader market averages, suggesting the stock is priced conservatively relative to its current earnings power
  • TTM sales growth of 19% indicates healthy top-line momentum, outpacing the 10-year compounded sales growth of 13%
  • Dividend yield of 2.53% with a consistent payout ratio of 27.2% provides a meaningful income component for shareholders
  • 5-year stock CAGR of 26% and 3-year CAGR of 28% demonstrate sustained long-term wealth creation for investors
  • 5-year ROE average of 17% reflects a track record of generating above-average returns on shareholder equity
  • Price-to-book ratio of 1.27x is modest for a company with a 10-year average ROE of 15%, indicating the stock trades close to its book value
  • 5-year compounded sales and profit growth of 13% and 12% respectively show the company has delivered steady long-term expansion
Bear Case 8
  • 3-year compounded profit growth is -9%, highlighting that earnings have been volatile and declined over the medium term despite the recent TTM recovery
  • 3-year compounded sales growth of -3% indicates the top line has contracted over the medium term, reflecting commodity price sensitivity
  • Debt-to-equity ratio of 0.65 represents a meaningful leverage position for an upstream producer exposed to crude oil price cycles
  • Current ROE of 11.83% and last-year ROE of 12% have declined from the 5-year average of 17%, signalling deteriorating capital efficiency
  • ROCE of 10.13% is modest, suggesting the company's overall capital deployment including debt is generating limited returns
  • The stock trades 14.5% below its 52-week high of ₹531, indicating the market has de-rated the stock from its recent peak
  • As a government-controlled upstream producer, Oil India's realised prices are subject to administered pricing mechanisms and subsidy-sharing burdens that can compress margins irrespective of global crude prices
  • Upstream oil and gas production is inherently tied to global crude price cycles, and the current earnings recovery may reverse if commodity prices soften

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

9h ago

TL;DR: Oil India is on an active exploration and diversification drive. The KG Basin gas discovery with 200,000 SCMD peak flow is a meaningful addition to domestic gas prospects, and the new CBM contract and biofuel JV signal strategic expansion across conventional and green energy. No material headwinds emerged in the period. The near-term outlook hinges on whether the KG Basin find translates into commercially viable reserves and on global crude and gas price trends.

Positives 2
  • Major KG Basin gas discovery Oct 23

    Oil India struck natural gas in the Matsyapuri formation at the Godavari-1 appraisal well in shallow-water block KG-DSF/GSKW/2018, recording a peak test flow of 200,000 SCMD and condensate output of ~170 barrels per day at 55.8 API gravity. Testing of the next higher zone is being prepared.

  • Singrauli CBM block contract signed Oct 18

    Oil India signed the Revenue Sharing Contract for Special CBM Block SR-ONHP-(CBM)-2026/1 in Singrauli Coalfield on October 15, 2026, expanding its coal bed methane portfolio.

Neutral 1
  • Biofuel JV incorporated Oct 13

    Oil India's wholly owned subsidiary OIL Green Energy Ltd incorporated HIND OIL BIOFUELS PRIVATE LIMITED, a joint venture focused on compressed biogas production.

Quarterly Results

₹ Cr
OIL quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
6,208
7,497
9,614
9,147
8,120
7,247
8,337
8,808
7,929
8,394
8,330
9,293
12,503
Expenses
3,932
4,027
6,171
5,886
4,978
4,711
5,795
6,220
5,578
6,091
6,043
6,012
6,711
Operating Profit
2,277
3,469
3,443
3,261
3,142
2,536
2,542
2,588
2,351
2,303
2,287
3,281
5,793
OPM %
37%
46%
36%
36%
39%
35%
30%
29%
30%
27%
27%
35%
46%
Other Income
259
−1,983
635
578
355
977
302
382
980
721
657
919
530
Interest
214
279
236
234
242
280
304
244
199
305
319
381
302
Depreciation
478
499
576
576
553
608
624
533
627
671
715
699
698
PBT
1,843
708
3,266
3,028
2,701
2,626
1,917
2,193
2,505
2,048
1,910
3,119
5,322
Tax %
24%
10%
20%
23%
25%
21%
24%
32%
18%
20%
25%
22%
24%
Net Profit
1,399
640
2,608
2,333
2,016
2,069
1,457
1,497
2,047
1,644
1,436
2,424
4,027
EPS (₹)
8.77
2.59
14.43
13.16
11.59
12.4
8.23
8.05
11.66
8.78
7.35
12.91
22.32

Profit & Loss

₹ Cr
OIL profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
9,978
9,821
9,566
10,698
13,780
18,612
17,616
25,906
36,084
31,749
31,703
33,081
38,521
Expenses
6,346
6,235
6,446
6,770
8,190
13,297
11,928
15,405
20,829
19,245
20,546
22,636
24,857
Operating Profit
3,633
3,586
3,120
3,928
5,591
5,315
5,689
10,500
15,255
12,504
11,158
10,446
13,664
OPM %
36%
37%
33%
37%
41%
29%
32%
41%
42%
39%
35%
32%
35%
Other Income
1,258
1,198
793
1,812
1,251
2,147
1,185
1,254
737
−566
1,666
3,053
2,826
Interest
349
389
441
554
624
647
660
940
901
964
1,069
1,204
1,307
Depreciation
865
1,070
1,180
1,327
1,541
1,786
1,844
1,824
1,947
2,129
2,318
2,712
2,783
PBT
3,677
3,324
2,292
3,859
4,677
5,030
4,369
8,990
13,144
8,846
9,436
9,582
12,399
Tax %
32%
37%
30%
29%
31%
0%
5%
25%
25%
21%
25%
21%
—
Net Profit
2,608
2,080
1,597
2,735
3,238
5,005
4,146
6,719
9,854
6,980
7,040
7,551
9,531
EPS (₹)
14.46
11.53
8.85
16.06
19.91
28.9
21.69
34.56
53.66
38.95
40.27
40.7
51.36
Div. Payout %
46%
46%
72%
42%
34%
24%
15%
27%
25%
25%
29%
28%
—

Balance Sheet

₹ Cr
OIL balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
601
601
802
757
1,084
1,084
1,084
1,084
1,084
1,084
1,627
1,627
Reserves
20,900
24,577
28,718
28,273
27,890
22,126
22,582
29,478
37,397
47,255
48,141
56,372
Borrowings
9,070
9,722
14,184
12,329
15,114
12,743
19,718
16,721
18,832
24,040
30,645
37,478
Other Liabilities
6,549
5,344
7,600
7,353
8,430
20,981
12,151
13,846
16,866
20,114
24,410
28,768
Total Liabilities
37,120
40,244
51,303
48,712
52,518
56,936
55,535
61,129
74,179
92,494
1,04,823
1,24,245
Fixed Assets
12,676
8,678
10,550
12,320
12,471
15,955
15,969
16,805
18,098
20,520
23,649
28,271
CWIP
3,755
1,812
1,894
988
1,267
2,368
3,171
5,900
11,953
20,028
29,527
37,644
Investments
5,573
15,052
27,461
26,657
26,451
25,718
24,010
27,099
27,924
34,450
31,613
36,782
Other Assets
15,116
14,701
11,398
8,747
12,329
12,894
12,385
11,325
16,204
17,496
20,034
21,548
Total Assets
37,120
40,244
51,303
48,712
52,518
56,936
55,535
61,129
74,179
92,494
1,04,823
1,24,245

Cash Flow

₹ Cr
OIL cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
1,754
3,597
3,114
3,933
5,023
6,493
5,235
9,310
11,410
10,933
11,332
10,684
Investing
−1,992
−2,677
−5,865
1,778
−578
−2,207
−8,517
−4,192
−9,130
−12,601
−13,514
−10,381
Financing
−2,603
−871
2,758
−5,698
−940
−7,331
3,702
−5,615
−2,521
1,637
2,483
409
Net Cash Flow
−2,841
49
7
12
3,504
−3,045
420
−498
−241
−30
301
711
Free Cash Flow
−1,245
986
248
1,267
2,523
3,187
2,108
3,342
2,886
−1,130
1,749
2,126
CFO/EBITDA
80
125
119
111
108
139
93
99
97
109
120
125

Ratios

OIL financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
87
49
39
48
35
29
38
25
24
38
38
50
Inventory Days
—
—
—
—
—
333
350
286
244
238
264
323
Days Payable
—
—
—
—
—
105
140
115
83
84
112
184
Cash Conversion Cycle
87
49
39
48
35
257
249
196
185
192
190
188
Working Capital Days
31
45
−168
10
−77
−141
−45
21
24
−48
−46
−45
ROCE %
13%
12%
10%
10%
15%
15%
13%
21%
25%
18%
13%
12%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Oil India insights

66 extracted metrics across FY11–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 56.66%
  • DIIs 20.67%
  • Government 9.87%
  • FIIs 7.14%
  • Public 4.79%
  • Others 0.88%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

Frequently Asked Questions about Oil India

What does Oil India Ltd do?
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.
Where is Oil India Ltd (OIL) listed?
Oil India Ltd trades as OIL on the NSE and under code 533106 on the BSE.
Which sector does Oil India Ltd belong to?
Oil India Ltd is classified under the Oil & Gas sector, in the Oil Exploration & Production industry.
What is the PE ratio of Oil India Ltd?
Oil India Ltd trades at a PE ratio of 8.92 as of 4 Nov 2026, on earnings per share of ₹51.36, against a book value of ₹356.56 per share.
What is the 52-week high and low of Oil India Ltd?
Over the last 52 weeks Oil India Ltd has traded between ₹395.6 and ₹531 as of 4 Nov 2026.
Does Oil India Ltd pay dividends?
Oil India Ltd has a dividend yield of 2.52%.
What is the Return on Equity (ROE) of Oil India Ltd?
Oil India Ltd reported a return on equity of 12.20%. Its debt-to-equity ratio is 0.65.

Company Information

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.

Website oil-india.com
CEO Dr. Ranjit Rath
Employees 6,412
Listed 30 Sep 2009
Face Value ₹10

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/OIL.md for Oil India Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Oil Exploration & Production stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month