Oil India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 8.7x vs industry 23.9x)
- Regular dividends — yield 2.6%
Concerns
Today's Price Action
Oil India Limited (OIL) closed at ₹447.5, unchanged from the previous session. The traded volume of 8,30,719 shares matches the 20‑day average, indicating that liquidity remained consistent with recent patterns.
Valuation Snapshot
The stock trades at a trailing P/E of 8.72, markedly below the sector’s average (sector P/E = 0, implying no comparable peers in the current dataset). A price‑to‑book ratio of 0.0 and a return on equity of 12.2 % suggest modest profitability relative to the capital base.
Key Levels to Watch
The current price sits roughly 12 % above the 52‑week low of ₹396 and about 16 % below the 52‑week high of ₹531, placing the equity in the lower‑mid range of its annual trading band. Open‑interest data, while not disclosed, typically reinforces support near the low and resistance near the high in this segment.
Chart Pattern
In the daily candlestick chart, a Bearish Engulfing formation appeared six sessions ago, followed by a Hanging Man pattern eight sessions ago. Both patterns emerged on the 1‑day timeframe and historically signal a potential weakening of the preceding up‑trend.
Data Summary
Key metrics for OIL on 28 Oct 2026 include an LTP of ₹447.5, a P/E of 8.72, a P/B of 0.0, and an ROE of 12.2 %. The 52‑week price range spans ₹396 to ₹531, with average daily turnover of 8,30,719 shares.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,158 | ₹16.1L Cr | 21.6 | 1.73 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹225 | ₹2.9L Cr | 6.55 | 0.76 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹392 | ₹2.4L Cr | 7.85 | 2.03 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹130 | ₹1.8L Cr | 5.42 | 0.84 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹287 | ₹1.2L Cr | 8.71 | 1.23 | 28.8 | 25.6 | 0.62 |
| GAIL GAIL (India) Limited | ₹165 | ₹1.1L Cr | 10.9 | 1.22 | 8.71 | 9.67 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹347 | ₹72K Cr | 50.1 | 1.4 | 30.9 | 22.2 | 1.4 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
OIL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% | 56.66% |
| FII | 10.99% | 9.52% | 9.34% | 10.58% | 9.42% | 8.51% |
| DII | 15.98% | 17.66% | 17.91% | 16.43% | 17.26% | 18.31% |
| Public | 6.51% | 6.30% | 6.23% | 6.46% | 6.81% | 6.67% |
| Govt | 9.87% | 9.87% | 9.87% | 9.87% | 9.87% | 9.87% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026 and dividend
Dividend - Re 1 Per Share
To consider and approve the Unaudited Financial Results for the Quarter ended Jun 30, 2026
To consider and approve the Audited Financial Results of the Company for the Quarter & Year ended 31st March 2026 and to recommend Final Dividend for F.Y. 2025-26, if any.
Interim Dividend - Rs 7 Per Share
Interim Dividend - Rs 3.50 Per Share
Dividend - Rs 1.50 Per Share
Interim Dividend - Rs 7 Per Share
Interim Dividend - Rs 3 Per Share
Record: 14 Nov 2024
Dividend - Rs 2.50 Per Sh
Latest News
All newsOil India finds gas in Krishna Godavari basin
*Oil India discovers natural gas in Krishna Godavari basin.* This is a significant find in a key sedimentary basin, boosting exploration prospects. The discovery could lead to **increased reserves** and **higher production** potential, positively impacting future revenue. Further appraisal will determine commercial viability. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Exploration
Oil India to invest ₹15,000 crore in deepwater exploration
*Oil India to invest ₹15,000 crore in deepwater exploration* aims to boost domestic production and reduce import dependence. The investment will focus on deepwater blocks in the Bay of Bengal and Arabian Sea. This marks **₹15,000 crore** capital commitment, signaling long-term growth. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Exploration
Oil India starts potash drilling, plans ₹150B deepwater investment
*Oil India starts potash drilling, plans ₹150B deepwater investment* — State-owned Oil India will begin potash exploration drilling in Rajasthan and is planning a **₹150 billion** investment in deepwater projects to boost hydrocarbon output. The move marks a strategic expansion into critical minerals and offshore energy reserves. This dual focus aims to strengthen long-term resource security and production capacity. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #OilIndia
Oil India, ONGC jump 3% as Brent crude stays above $100
*Oil India, ONGC jump 3% as Brent crude stays above $100*. Upstream firms gained after Brent crude sustained above **$100/barrel**, boosting profit outlook. Higher oil prices enhance revenue for producers like ONGC and Oil India. Strong commodity trends support continued outperformance in energy stocks. 📊 *STOCKS:* $OIL $ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Brent crude nears $100, lifts oil company shares
*Brent crude nears $100, lifts oil company shares*. Energy stocks surge as global crude prices climb, boosting refining and exploration firms. CHENNPETRO, MRPL, and OIL see strong buying interest. Rising crude prices typically enhance profitability for upstream producers and refiners. 📊 *STOCKS:* CHENNPETRO, MRPL, OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Oil India posts record profit, shares surge on bullish outlook
*Oil India posts record profit, shares surge on bullish outlook.* The company reported a **₹2,850 crore** net profit in Q4, the highest ever, driven by strong crude prices and production volumes. Analysts remain bullish, citing robust margins and dividend potential. Several brokerages raised target prices citing improved earnings visibility. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #OilIndia
Oil India Q4 earnings miss market expectations
*Oil India Q4 earnings miss market expectations*. Revenue came in at **₹5,420 crore**, below estimates, with net profit at **₹312 crore**, down **18%** YoY due to lower crude realization. Volumes remained stable but cost pressures weighed on margins. Outlook cautious amid volatile commodity prices. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Earnings
India regains stake in Russia’s Sakhalin-1 oil project
*India regains stake in Russia’s Sakhalin-1 oil project* after complex negotiations. The country now reclaims operatorship rights, boosting energy security. This move follows India’s earlier acquisition of a **2.5% stake** in the project for **$150 million**. Strategic gains may enhance future hydrocarbon imports from Russia. 📊 *STOCKS:* ONGC, OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Oil India plunges 10% as crude prices drop to $91
*Oil India plunges 10% as crude prices drop to $91* due to Brent crude slipping to **$91/barrel**, impacting upstream producers. ONGC also falls **nearly 3%**, tracking the sell-off in energy stocks. Lower oil prices may pressure near-term earnings for exploration companies. 📊 *STOCKS:* OIL, ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #crude
Oil India tanks 10% on Brent crude drop to $91
*Oil India tanks 10% on Brent crude drop to $91* — Brent crude slipped to **$91/barrel**, hitting energy stocks. Oil India crashed **10%**, while ONGC fell nearly **3%** due to valuation concerns. Lower oil prices may impact future earnings and capex plans. 📊 *STOCKS:* OIL, ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #crude
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹8.3K Cr 0.8% | ₹8.4K Cr 5.9% | ₹7.9K Cr 10.0% | ₹8.8K Cr 5.6% | ₹8.3K Cr 15.0% | ₹7.2K Cr 10.8% | ₹8.1K Cr 11.2% | ₹9.1K Cr |
| Op. Profit | ₹2.3K Cr 0.7% | ₹2.3K Cr 2.0% | ₹2.4K Cr 9.2% | ₹2.6K Cr 1.8% | ₹2.5K Cr 0.2% | ₹2.5K Cr 19.3% | ₹3.1K Cr 3.6% | ₹3.3K Cr |
| OPM | 27.0% 0.0% | 27.0% 10.0% | 30.0% 3.4% | 29.0% 3.3% | 30.0% 14.3% | 35.0% 10.3% | 39.0% 8.3% | 36.0% |
| Net Profit | ₹1.4K Cr 12.7% | ₹1.6K Cr 19.7% | ₹2.0K Cr 36.7% | ₹1.5K Cr 2.7% | ₹1.5K Cr 29.6% | ₹2.1K Cr 2.6% | ₹2.0K Cr 13.6% | ₹2.3K Cr |
| EPS (₹) | 7.35 16.3% | 8.78 24.7% | 11.66 44.8% | 8.05 2.2% | 8.23 33.6% | 12.4 7.0% | 11.59 11.9% | 13.16 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹33.1K Cr 4.3% | ₹31.7K Cr 0.1% | ₹31.7K Cr 12.0% | ₹36.1K Cr 39.3% | ₹25.9K Cr 47.1% | ₹17.6K Cr 5.4% | ₹18.6K Cr 35.1% | ₹13.8K Cr 28.8% | ₹10.7K Cr 11.8% | ₹9.6K Cr |
| Expenses | ₹22.6K Cr 10.2% | ₹20.5K Cr 6.8% | ₹19.2K Cr 7.6% | ₹20.8K Cr 35.2% | ₹15.4K Cr 29.1% | ₹11.9K Cr 10.3% | ₹13.3K Cr 62.4% | ₹8.2K Cr 21.0% | ₹6.8K Cr 5.0% | ₹6.4K Cr |
| Op. Profit | ₹10.4K Cr 6.4% | ₹11.2K Cr 10.8% | ₹12.5K Cr 18.0% | ₹15.3K Cr 45.3% | ₹10.5K Cr 84.6% | ₹5.7K Cr 7.0% | ₹5.3K Cr 4.9% | ₹5.6K Cr 42.3% | ₹3.9K Cr 25.9% | ₹3.1K Cr |
| OPM | 32.0% 8.6% | 35.0% 10.3% | 39.0% 7.1% | 42.0% 2.4% | 41.0% 28.1% | 32.0% 10.3% | 29.0% 29.3% | 41.0% 10.8% | 37.0% 12.1% | 33.0% |
| Other Income | ₹3.1K Cr 83.3% | ₹1.7K Cr 394.3% | ₹-566 Cr 176.8% | ₹737 Cr 41.2% | ₹1.3K Cr 5.8% | ₹1.2K Cr 44.8% | ₹2.1K Cr 71.6% | ₹1.3K Cr 31.0% | ₹1.8K Cr 128.5% | ₹793 Cr |
| Interest | ₹1.2K Cr 12.6% | ₹1.1K Cr 10.9% | ₹964 Cr 7.0% | ₹901 Cr 4.1% | ₹940 Cr 42.4% | ₹660 Cr 2.0% | ₹647 Cr 3.7% | ₹624 Cr 12.6% | ₹554 Cr 25.6% | ₹441 Cr |
| Depreciation | ₹2.7K Cr 17.0% | ₹2.3K Cr 8.9% | ₹2.1K Cr 9.3% | ₹1.9K Cr 6.7% | ₹1.8K Cr 1.1% | ₹1.8K Cr 3.2% | ₹1.8K Cr 15.9% | ₹1.5K Cr 16.1% | ₹1.3K Cr 12.5% | ₹1.2K Cr |
| PBT | ₹9.6K Cr 1.5% | ₹9.4K Cr 6.7% | ₹8.8K Cr 32.7% | ₹13.1K Cr 46.2% | ₹9.0K Cr 105.8% | ₹4.4K Cr 13.1% | ₹5.0K Cr 7.5% | ₹4.7K Cr 21.2% | ₹3.9K Cr 68.4% | ₹2.3K Cr |
| Tax % | 21.0% 16.0% | 25.0% 19.0% | 21.0% 16.0% | 25.0% 0.0% | 25.0% 400.0% | 5.0% | 0.0% 100.0% | 31.0% 6.9% | 29.0% 3.3% | 30.0% |
| Net Profit | ₹7.6K Cr 7.3% | ₹7.0K Cr 0.9% | ₹7.0K Cr 29.2% | ₹9.9K Cr 46.7% | ₹6.7K Cr 62.1% | ₹4.1K Cr 17.2% | ₹5.0K Cr 54.6% | ₹3.2K Cr 18.4% | ₹2.7K Cr 71.3% | ₹1.6K Cr |
| EPS (₹) | 40.7 1.1% | 40.27 3.4% | 38.95 27.4% | 53.66 55.3% | 34.56 59.3% | 21.69 24.9% | 28.9 45.2% | 19.91 24.0% | 16.06 81.5% | 8.85 |
| Div Payout | 28.0% 3.4% | 29.0% 16.0% | 25.0% 0.0% | 25.0% 7.4% | 27.0% 80.0% | 15.0% 37.5% | 24.0% 29.4% | 34.0% 19.0% | 42.0% 41.7% | 72.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹1.6K Cr 0.0% | ₹1.6K Cr 50.1% | ₹1.1K Cr 0.0% | ₹1.1K Cr 0.0% | ₹1.1K Cr 0.0% | ₹1.1K Cr 0.0% | ₹1.1K Cr 0.0% | ₹1.1K Cr 43.2% | ₹757 Cr 5.6% | ₹802 Cr |
| Reserves | ₹54.6K Cr 13.5% | ₹48.1K Cr 1.9% | ₹47.3K Cr 26.4% | ₹37.4K Cr 26.9% | ₹29.5K Cr 30.5% | ₹22.6K Cr 2.1% | ₹22.1K Cr 20.7% | ₹27.9K Cr 1.4% | ₹28.3K Cr 1.5% | ₹28.7K Cr |
| Borrowings | ₹35.9K Cr 17.0% | ₹30.6K Cr 27.5% | ₹24.0K Cr 27.7% | ₹18.8K Cr 12.6% | ₹16.7K Cr 15.2% | ₹19.7K Cr 54.7% | ₹12.7K Cr 15.7% | ₹15.1K Cr 22.6% | ₹12.3K Cr 13.1% | ₹14.2K Cr |
| Other Liabilities | ₹24.8K Cr 1.6% | ₹24.4K Cr 21.4% | ₹20.1K Cr 19.3% | ₹16.9K Cr 21.8% | ₹13.8K Cr 13.9% | ₹12.2K Cr 42.1% | ₹21.0K Cr 148.9% | ₹8.4K Cr 14.6% | ₹7.4K Cr 3.3% | ₹7.6K Cr |
| Total Liabilities | ₹1.2L Cr 11.5% | ₹1.0L Cr 13.3% | ₹92.5K Cr 24.7% | ₹74.2K Cr 21.3% | ₹61.1K Cr 10.1% | ₹55.5K Cr 2.5% | ₹56.9K Cr 8.4% | ₹52.5K Cr 7.8% | ₹48.7K Cr 5.1% | ₹51.3K Cr |
Assets | ||||||||||
| Fixed Assets | ₹24.7K Cr 4.5% | ₹23.6K Cr 15.2% | ₹20.5K Cr 13.4% | ₹18.1K Cr 7.7% | ₹16.8K Cr 5.2% | ₹16.0K Cr 0.1% | ₹16.0K Cr 27.9% | ₹12.5K Cr 1.2% | ₹12.3K Cr 16.8% | ₹10.6K Cr |
| CWIP | ₹32.7K Cr 10.7% | ₹29.5K Cr 47.4% | ₹20.0K Cr 67.6% | ₹12.0K Cr 102.6% | ₹5.9K Cr 86.1% | ₹3.2K Cr 33.9% | ₹2.4K Cr 86.9% | ₹1.3K Cr 28.2% | ₹988 Cr 47.8% | ₹1.9K Cr |
| Investments | ₹36.9K Cr 16.7% | ₹31.6K Cr 8.2% | ₹34.5K Cr 23.4% | ₹27.9K Cr 3.0% | ₹27.1K Cr 12.9% | ₹24.0K Cr 6.6% | ₹25.7K Cr 2.8% | ₹26.5K Cr 0.8% | ₹26.7K Cr 2.9% | ₹27.5K Cr |
| Other Assets | ₹22.6K Cr 12.9% | ₹20.0K Cr 14.5% | ₹17.5K Cr 8.0% | ₹16.2K Cr 43.1% | ₹11.3K Cr 8.6% | ₹12.4K Cr 3.9% | ₹12.9K Cr 4.6% | ₹12.3K Cr 41.0% | ₹8.7K Cr 23.3% | ₹11.4K Cr |
| Total Assets | ₹1.2L Cr 11.5% | ₹1.0L Cr 13.3% | ₹92.5K Cr 24.7% | ₹74.2K Cr 21.3% | ₹61.1K Cr 10.1% | ₹55.5K Cr 2.5% | ₹56.9K Cr 8.4% | ₹52.5K Cr 7.8% | ₹48.7K Cr 5.1% | ₹51.3K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹11.3K Cr 3.6% | ₹10.9K Cr 4.2% | ₹11.4K Cr 22.6% | ₹9.3K Cr 77.8% | ₹5.2K Cr 19.4% | ₹6.5K Cr 29.3% | ₹5.0K Cr 27.7% | ₹3.9K Cr 26.3% | ₹3.1K Cr 13.4% | ₹3.6K Cr |
| Investing CF | ₹-13.5K Cr 7.2% | ₹-12.6K Cr 38.0% | ₹-9.1K Cr 117.8% | ₹-4.2K Cr 50.8% | ₹-8.5K Cr 285.9% | ₹-2.2K Cr 281.8% | ₹-578 Cr 132.5% | ₹1.8K Cr 130.3% | ₹-5.9K Cr 119.1% | ₹-2.7K Cr |
| Financing CF | ₹2.5K Cr 51.7% | ₹1.6K Cr 164.9% | ₹-2.5K Cr 55.1% | ₹-5.6K Cr 251.7% | ₹3.7K Cr 150.5% | ₹-7.3K Cr 679.9% | ₹-940 Cr 83.5% | ₹-5.7K Cr 306.6% | ₹2.8K Cr 416.6% | ₹-871 Cr |
| Net Cash Flow | ₹301 Cr 1103.3% | ₹-30 Cr 87.6% | ₹-241 Cr 51.6% | ₹-498 Cr 218.6% | ₹420 Cr 113.8% | ₹-3.0K Cr 186.9% | ₹3.5K Cr 29100.0% | ₹12 Cr 71.4% | ₹7 Cr 85.7% | ₹49 Cr |
| Free Cash Flow | ₹1.7K Cr 254.8% | ₹-1.1K Cr 139.2% | ₹2.9K Cr 13.6% | ₹3.3K Cr 58.5% | ₹2.1K Cr 33.9% | ₹3.2K Cr 26.3% | ₹2.5K Cr 99.1% | ₹1.3K Cr 410.9% | ₹248 Cr 74.8% | ₹986 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 38d 0.0% | 38d 58.3% | 24d 4.0% | 25d 34.2% | 38d 31.0% | 29d 17.1% | 35d 27.1% | 48d 23.1% | 39d 20.4% | 49d |
| Inventory Days | 264d 10.9% | 238d 2.5% | 244d 14.7% | 286d 18.3% | 350d 5.1% | 333d | — | — | — | — |
| Days Payable | 112d 33.3% | 84d 1.2% | 83d 27.8% | 115d 17.9% | 140d 33.3% | 105d | — | — | — | — |
| Cash Conv. Cycle | 190d 1.0% | 192d 3.8% | 185d 5.6% | 196d 21.3% | 249d 3.1% | 257d 634.3% | 35d 27.1% | 48d 23.1% | 39d 20.4% | 49d |
| Working Capital Days | -46d 4.2% | -48d 300.0% | 24d 14.3% | 21d 146.7% | -45d 68.1% | -141d 83.1% | -77d 870.0% | 10d 106.0% | -168d 473.3% | 45d |
| ROCE | 13.0% 27.8% | 18.0% 28.0% | 25.0% 19.0% | 21.0% 61.5% | 13.0% 13.3% | 15.0% 0.0% | 15.0% 50.0% | 10.0% 0.0% | 10.0% 16.7% | 12.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Oil India Limited
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]
Oil, Gas & Consumable FuelsOil