Oil India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 11.9x vs industry 22.5x)
- ✓Regular dividends — yield 2.4%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,291 | ₹17.8L Cr | 22.8 | 1.93 | 8.91 | 10.3 | 0.44 |
| ONGC Oil & Natural Gas Corporation Limited | ₹264 | ₹3.3L Cr | 8 | 0.89 | 11.7 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹472 | ₹2.9L Cr | 9.36 | 2.45 | 28.5 | 35.3 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹2.0L Cr | 4.66 | 0.89 | 20.7 | 18.8 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹295 | ₹1.3L Cr | 4.88 | 1.28 | 28.8 | 25.7 | 0.56 |
| GAIL GAIL (India) Limited | ₹168 | ₹1.1L Cr | 14.3 | 1.24 | 8.71 | 9.68 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹385 | ₹82K Cr | 4.52 | 1.25 | 30.9 | 22.2 | 1.11 |
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 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
Bonus 1:2
Interim Dividend - Rs 8.50 Per Share
Interim Dividend - Rs 3.50 Per Share
Latest News
All news →Oil India discovers second gas reserve in Andaman offshore block
*Oil India discovers second gas reserve in Andaman offshore block* — Oil India has announced its second natural gas discovery in the Andaman offshore block, reinforcing exploration success. The find strengthens its resource base and could lead to future production expansion. Volume estimates are under assessment but seen as **commercially viable**. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #OilIndia
Oil India discovers natural gas in Andaman offshore block
*Oil India discovers natural gas in Andaman offshore block* — Oil India has announced a significant natural gas discovery in the Andaman shallow offshore block, boosting its exploration prospects. The find could add **reserves of ~0.2 TCF** and enhance domestic gas output. Commercial viability and timeline for production remain under evaluation. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Exploration
Oil India finds gas in second Andaman offshore well
*Oil India finds gas in second Andaman offshore well* — Oil India confirmed natural gas presence in its second offshore well in the Andaman basin, boosting exploration prospects. The discovery adds to earlier findings and may lead to expanded drilling. Commercial viability and production timelines remain under evaluation. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Exploration
Oil India discovers natural gas in Andaman offshore block
*Oil India discovers natural gas in Andaman offshore block.* Initial test results from the Vijayapuram-3 well in the shallow offshore block show promising natural gas flow, marking a strategic discovery. The find could enhance domestic gas output and boost future revenue. **First gas flow rate** recorded at **1.2 MMscfd** with potential for scale-up. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Exploration
Oil India finds gas in 3rd Andaman exploratory well
*Oil India finds gas in 3rd Andaman exploratory well* — Oil India confirmed the presence of natural gas in its third exploratory well in the Andaman block, signaling potential for future production. This discovery boosts exploration prospects in the region and reinforces the company’s upstream potential. While commercial viability remains under evaluation, the find supports long-term growth hopes. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Exploration
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 | ₹33.9K Cr ▲7.1% | ₹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 | ₹23.5K Cr ▲14.4% | ₹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 | 31.0% ▼11.4% | 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 | ₹-1.6K Cr ▼44.9% | ₹-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 Fuels · Oil