Oil India Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 9.5x vs industry 26.8x)
- Regular dividends — yield 2.4%
Concerns
Today's Price Action
Oil India Limited (OIL) is trading at ₹488.3, unchanged from the previous close. The traded volume of 12,59,036 shares matches the 20‑day average, indicating that participation remains steady and there is no unusual buying or selling pressure evident in the market today.
Valuation Snapshot
The stock’s trailing P/E of 9.4 is modest, especially when juxtaposed with the sector‑wide P/E of 0 (the sector figure reflects a mix of non‑earning entities). A P/B of 0 coupled with a ROE of 12.2 % suggests that the company is generating a respectable return on equity relative to its book value.
Key Levels to Watch
The current price sits near the upper end of the 52‑week range (₹389 – ₹531), roughly ₹43 below the recent high of ₹531, providing a potential resistance point. Open‑interest data on the nearest futures contracts shows a concentration around the ₹500 level, which may act as a psychological barrier for short‑term traders.
Chart Pattern
In the daily timeframe, the last ten sessions have produced a Bearish Engulfing candle (two days ago) and a Tweezer Top (also two days ago), followed by a Hanging Man three days ago. These formations collectively signal a shift toward larger real‑body candles and upper‑shadow dominance, indicating a possible transition in price structure.
Data Summary
Key metrics for OIL include a market‑cap reported as ₹0 Cr, a P/E of 9.4, and a ROE of 12.2 %. The stock trades within a ₹389–₹531 band for the past year, while volume remains aligned with its 20‑day average of 12,59,036 shares.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,322 | ₹17.9L Cr | 23.9 | 1.98 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹235 | ₹3.0L Cr | 6.75 | 0.79 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹415 | ₹2.6L Cr | 8.2 | 2.15 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹1.9L Cr | 5.77 | 0.89 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹316 | ₹1.4L Cr | 8.84 | 1.37 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.5 | 1.28 | 8.71 | 9.67 | 0.25 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹357 | ₹76K Cr | 45.4 | 1.16 | 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
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
Bonus 1:2
Latest News
All newsOil 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
Oil India confirms major offshore natural gas discovery in Andaman
*Oil India confirms major offshore natural gas discovery in Andaman.* The find could bolster India’s domestic energy production and reduce import dependence. Initial estimates suggest reserves of **over 500 billion cubic feet**, marking a strategic milestone. Commercial production is expected within **3–4 years**, pending approvals. 📊 *STOCKS:* OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #NaturalGas
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
India cuts onshore crude oil royalty rates
*India cuts onshore crude oil royalty rates* boosting profitability for producers. The new rates reduce royalty from **12.5% to 5%**, significantly lowering costs for ONGC, Oil India, and Vedanta. This move aims to boost domestic output and reduce import dependence. Higher production and margins expected going forward. 📊 *STOCKS:* ONGC, OIL, VEDL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
Mukka Proteins expands Bengaluru wet waste conversion facility
*Mukka Proteins expands Bengaluru wet waste conversion facility.* The company announced expansion of its circular bio-economy footprint by scaling up processing of urban wet waste into **insect protein**, **oil**, **compost**, and **humic acid**. This enhances sustainable production of high-value agri-inputs and aligns with green urban waste management trends. The move supports long-term scalability in the alternative protein and biofertilizer space. 📊 *STOCKS:* MUKKAPRO | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #CircularEconomy
Oil India signs MoU for bio-gas plants in Delhi
*Oil India signs MoU with MCD for bio-gas plants in Delhi.* The project will utilize municipal solid waste to set up compressed bio-gas facilities. This strategic move supports India’s renewable energy goals and diversifies OIL’s portfolio into green energy. The agreement marks a step toward sustainable urban waste management. 📊 *STOCKS:* $OIL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #bio-gas
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