MarketFriction

Oil India Ltd

NSE OIL · BSE 533106 · Oil Exploration & Production
₹444.00 -1.04%
NSE close2026-10-01
52 week range395.60 - 531.00
Market cap₹74,734 Cr.
P/E8.95
Nifty 200Nifty 500Nifty Midcap 50Nifty Midcap 100Midcap 150Nifty EnergyNifty Oil & GasNifty CPSENifty PSENifty Commodities No price band Delivery 50.1%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7,4979,6149,1478,1207,2478,3378,8087,9298,3948,3309,29312,503
Expenses4,0276,1715,8864,9784,7115,7956,2205,5786,0916,0436,0126,711
Operating Profit3,4693,4433,2613,1422,5362,5422,5882,3512,3032,2873,2815,793
OPM %46%36%36%39%35%30%29%30%27%27%35%46%
Other Income-1,983635578355977302382980721657919530
Interest279236234242280304244199305319381302
Depreciation499576576553608624533627671715699698
Profit before tax7083,2663,0282,7012,6261,9172,1932,5052,0481,9103,1195,322
Tax %10%20%23%25%21%24%32%18%20%25%22%24%
Net Profit6402,6082,3332,0162,0691,4571,4972,0471,6441,4362,4244,027
EPS in Rs2.5914.4313.1611.5912.408.238.0511.668.787.3512.9122.32
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales9,8219,56610,69813,78018,61217,61625,90636,08431,74931,70333,08138,521
Expenses6,2356,4466,7708,19013,29711,92815,40520,82919,24520,54622,63624,857
Operating Profit3,5863,1203,9285,5915,3155,68910,50015,25512,50411,15810,44613,664
OPM %37%33%37%41%29%32%41%42%39%35%32%35%
Other Income1,1987931,8121,2512,1471,1851,254737-5661,6663,0532,826
Interest3894415546246476609409019641,0691,2041,307
Depreciation1,0701,1801,3271,5411,7861,8441,8241,9472,1292,3182,7122,783
Profit before tax3,3242,2923,8594,6775,0304,3698,99013,1448,8469,4369,58212,399
Tax %37%30%29%31%0%5%25%25%21%25%21%
Net Profit2,0801,5972,7353,2385,0054,1466,7199,8546,9807,0407,5519,531
EPS in Rs11.538.8516.0619.9128.9021.6934.5653.6638.9540.2740.7051.36
Dividend Payout %46%72%42%34%24%15%27%25%25%29%28%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%13%-3%19%
Compounded Profit Growth11%12%-9%27%
Stock Price CAGR13%22%32%11%
Return on Equity15%17%14%12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital6016018027571,0841,0841,0841,0841,0841,0841,6271,627
Reserves20,90024,57728,71828,27327,89022,12622,58229,47837,39747,25548,14156,372
Borrowings9,0709,72214,18412,32915,11412,74319,71816,72118,83224,04030,64537,478
Other Liabilities6,5495,3447,6007,3538,43020,98112,15113,84616,86620,11424,41028,768
Total Liabilities37,12040,24451,30348,71252,51856,93655,53561,12974,17992,494104,823124,245
Fixed Assets12,6768,67810,55012,32012,47115,95515,96916,80518,09820,52023,64928,271
CWIP3,7551,8121,8949881,2672,3683,1715,90011,95320,02829,52737,644
Investments5,57315,05227,46126,65726,45125,71824,01027,09927,92434,45031,61336,782
Other Assets15,11614,70111,3988,74712,32912,89412,38511,32516,20417,49620,03421,548
Total Assets37,12040,24451,30348,71252,51856,93655,53561,12974,17992,494104,823124,245
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1,7543,5973,1143,9335,0236,4935,2359,31011,41010,93311,33210,684
Cash from Investing Activity-1,992-2,677-5,8651,778-578-2,207-8,517-4,192-9,130-12,601-13,514-10,381
Cash from Financing Activity-2,603-8712,758-5,698-940-7,3313,702-5,615-2,5211,6372,483409
Net Cash Flow-2,841497123,504-3,045420-498-241-30301711
Free Cash Flow-1,2459862481,2672,5233,1872,1083,3422,886-1,1301,7492,126
CFO/OP80%125%119%111%108%139%93%99%97%109%120%125%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days874939483529382524383850
Inventory Days333350286244238264323
Days Payable1051401158384112184
Cash Conversion Cycle8749394835257249196185192190188
Working Capital Days3145-16810-77-141-452124-48-46-45
ROCE %13%12%10%10%15%15%13%21%25%18%13%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%56.66%
FIIs11.26%10.99%9.52%9.34%10.58%9.42%8.51%8.16%7.56%7.54%7.67%7.28%
DIIs15.89%15.98%17.66%17.91%16.43%17.26%18.31%18.41%19.21%19.44%19.43%20.13%
Government9.87%9.87%9.87%9.87%9.87%9.87%9.87%9.87%9.87%9.87%9.87%9.87%
Public6.32%6.51%6.30%6.23%6.46%6.81%6.67%6.91%6.69%6.50%6.36%6.06%
No. of Shareholders2,37,2392,82,3493,37,7083,62,8184,74,7385,00,4855,13,5055,12,8865,03,8434,81,7254,64,3704,57,085

Fundamentals

Market Cap₹ 74,734 Cr.
Current Price₹ 459
Stock P/E8.95
Book Value₹ 357
ROCE11.5 %
ROE12.2 %
Dividend Yield2.50 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)27%
Consolidated figures.
Valuation
Market capRs 72,221 Cr
Enterprise valueRs 104,091 Cr
P/E (TTM)8.65x
Price to book1.25x
Price to sales1.87x
EV / EBITDA6.31x
EV / EBIT7.59x
EV / sales2.70x
Price to cash flow6.76x
Earnings yield11.57%
Dividend yield2.59%
P/E, 3-year average9.38x
P/B, 3-year average1.17x
P/E, 5-year average6.66x
P/B, 5-year average0.91x
Profitability
Operating margin (excl. other income)31.58%
Operating margin (incl. other income)40.80%
EBITDA margin42.81%
Pre-tax margin32.19%
Net profit margin21.69%
Net margin, latest quarter29.03%
ROE12.29%
ROCE12.26%
ROA5.78%
ROE, 3-year average13.41%
ROCE, 3-year average13.71%
ROA, 3-year average6.67%
ROE, 5-year average17.25%
ROCE, 5-year average17.98%
ROA, 5-year average8.51%
ROIC (approx.)12.02%
Tax rate21.20%
Other income / net worth5.26%
Growth
Sales growth (latest year)4.35%
Profit growth (latest year)1.05%
Sales CAGR, 3 years-2.86%
Sales CAGR, 5 years13.43%
Profit CAGR, 3 years-8.81%
Profit CAGR, 5 years13.41%
Sales growth QoQ34.54%
Profit growth QoQ72.88%
Sales growth YoY (latest quarter)57.70%
Profit growth YoY (latest quarter)91.40%
Per share
EPS (TTM)Rs 51.35
EPS (latest year)Rs 40.70
EPS (latest quarter)Rs 22.32
EPS, 3-year averageRs 46.46
EPS, 5-year averageRs 54.34
Book value per shareRs 356.56
Sales per shareRs 236.82
Cash flow per shareRs 65.68
Free cash flow per shareRs 13.07
Dividend per share (latest year)Rs 11.50
Dividend per share, 3-year averageRs 12.50
Dividend per share, 5-year averageRs 14.35
Dividends
Dividend payout28.26%
Dividend payout, 3-year average27.21%
Dividend payout, 5-year average26.79%
Efficiency
Asset turnover0.27x
Fixed asset turnover1.17x
Inventory turnover1.81x
Inventory days202 days
Debtor days50 days
Debtors turnover7.31x
Creditor days184 days
Cash conversion cycle188 days
Working capital days-45 days
Leverage
Total debtRs 37,478 Cr
Cash and bankRs 5,609 Cr
Net debtRs 31,869 Cr
Debt to equity0.65x
Net debt / EBITDA1.93x
Interest coverage10.48x
Current ratio (filing 2026-03-31)1.09x
Quick ratio (filing 2026-03-31)0.77x
Trade payables (filing 2026-03-31)Rs 3,358 Cr
Owners' fund to total sources46.68%
Debt to assets30.16%
Cash flow
Cash from Operating Activity (latest year)Rs 10,684 Cr
Cash from Investing Activity (latest year)Rs -10,381 Cr
Cash from Financing Activity (latest year)Rs 409 Cr
Net Cash Flow (latest year)Rs 711 Cr
Free cash flow (latest year)Rs 2,126 Cr
FCFE (approx.: FCF + change in debt)Rs 8,959 Cr
Cash from ops / profit, 5 years1.41x
Sales to cash flow3.10x
Statement figures
Net sales (TTM)Rs 38,521 Cr
Net sales (latest year)Rs 33,081 Cr
Sales (latest quarter)Rs 12,503 Cr
Operating profit excl. other income (latest year)Rs 10,446 Cr
Operating profit (latest quarter)Rs 5,793 Cr
Other income (TTM)Rs 2,826 Cr
EBITDA (TTM)Rs 16,489 Cr
PBDT (TTM)Rs 15,182 Cr
Profit before tax (TTM)Rs 12,399 Cr
Tax (latest year)Rs 2,031 Cr
Net profit (TTM)Rs 8,353 Cr
Net profit (latest year)Rs 6,620 Cr
Net profit (latest quarter)Rs 3,630 Cr
Depreciation (TTM)Rs 2,783 Cr
Depreciation (latest quarter)Rs 698 Cr
Interest (TTM)Rs 1,307 Cr
Cost of goods sold (latest year)Rs 10,627 Cr
Total expenditure (latest year)Rs 22,636 Cr
Total income (latest year)Rs 36,134 Cr
Share capitalRs 1,627 Cr
ReservesRs 56,372 Cr
Shareholders' fundsRs 57,998 Cr
Total assetsRs 124,245 Cr
Net blockRs 28,271 Cr
Capital work in progressRs 37,644 Cr
InvestmentsRs 36,782 Cr
ReceivablesRs 4,523 Cr
InventoryRs 5,872 Cr
Other liabilitiesRs 28,768 Cr
Shares outstanding (crore)162.66
Ownership
Promoter holding56.66% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 8.7 is at the 65th percentile of its own 9.4-year range (median 7.1, low 2.0, high 19.0).
P/B 1.25 is at the 73th percentile (median 0.85).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodOILNifty 50Difference
1 week-7.3%-2.8% -4.5 pts
1 month-9.4%-6.8% -2.6 pts
3 months+5.2%-7.6% +12.8 pts
6 months-6.6%+0.4% -7.0 pts
1 year+7.0%-9.9% +17.0 pts
2 years-23.7%-13.6% -10.2 pts
3 years+122.9%+14.2% +108.7 pts
5 years+166.3%+27.9% +138.5 pts
212 mutual fund schemes hold about ₹5,765 Cr. Over three months 120 bought more and 56 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
ICICI Pru Energy Opportunities Fund4.05%335 +3%
ICICI Pru Aggressive Hybrid Fund(A0.59%311 +64%
DSP Large & Mid Cap Fund1.55%286 +19%
DSP Midcap Fund1.28%269 +6%
Kotak Multi Asset Allocation Fund1.53%233 -21%
Bandhan Large & Mid Cap Fund0.96%202 +73%
Tata Value Fund(Div Trig Opt B-10%)Pay2.31%200 +6%
ICICI Pru India Opp Fund0.52%199 -15%
Mahindra Manulife Multi Cap Fund2.58%198 +100%
DSP ELSS Tax Saver Fund0.99%166 +9%
UTI Mid Cap Fund1.13%145 +4%
Mahindra Manulife Small Cap Fund2.57%140 +100%
Mirae Asset Midcap Fund0.62%130 -40%
SBI Multi Asset Allocation Fund(A0.57%119 +2%
HDFC Multi Cap Fund0.54%111 -29%
DSP Flexi Cap Fund0.85%106 +8%
ICICI Pru Innovation Fund1.30%102 -1%
SBI Dividend Yield Fund1.13%97 +9%
DSP Natural Res & New Energy Fund3.75%97 +3%
Aditya Birla SL PSU Equity Fund1.54%93 +9%
DSP Natural Res & New Energy Fund3.75%92 +3%
HDFC Large & Mid Cap Fund0.28%84 +7%
DSP Multi Asset Allocation Fund0.74%82 +1%
Edelweiss Mid Cap Fund0.41%81 -2%
HSBC Value Fund0.52%80 +6%

Red flags

F-score 4 of 8
explainReceivables outrunning sales Receivables grew 38% vs sales +4% in 2026
lookAuditor change Auditor change 2026-09-09: Oil India Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2020-02-03The President of IndiaPromotersother31,597,307Rs 31.60 CrOff Market
2019-07-22The President of IndiaPromoter Groupother22,171,325Rs 22.17 CrOff Market
2019-03-25The President of IndiaPromotersother15,518,943Rs 15.52 CrOff Market
2019-03-12The President of IndiaPromotersother33,563,696Rs 721.62 CrOthers
2018-12-04The President of IndiaPromotersother33,320,401Rs 33.32 CrOff Market
2017-06-13President of India acting through Promotersother33,428,214Rs 1136.56 CrOthers
2017-03-22President of India (acting throughPromotersother2,351,257Rs 2.35 CrOff Market
2017-01-25President of India acting through Promotersother6,015,650Rs 6.02 CrOff Market
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹12,503 Cr +57.7% vs Jun 2025. Net profit ₹4,027 Cr +96.7%.

Activity

Compare
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Prabha Energy Ltd3,5253,204-0.09 %
Hindustan Oil Exploration Company Ltd2,29991.53.49 %
Gujarat Natural Resources Ltd1,50477.97.26 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Re 1 Per Share
2026-02-18Interim Dividend - Rs 7 Per Share
2025-11-21Interim Dividend - Rs 3.50 Per Share
2025-09-04Dividend - Rs 1.50 Per Share
2025-02-17Interim Dividend - Rs 7 Per Share
2024-11-14Interim Dividend - Rs 3 Per Share
2024-08-30Dividend - Rs 2.50 Per Sh
2024-07-02Bonus 1:20.6667
2024-03-18Interim Dividend - Rs 8.50 Per Share
2023-11-22Interim Dividend - Rs 3.50 Per Share
2023-08-25Annual General Meeting/Dividend - Rs 5.50 Per Share
2023-02-22Interim Dividend - Rs 10 Per Share
2022-11-21Interim Dividend - Rs 4.50 Per Share
2022-09-15Annual General Meeting/Dividend - Rs 5 Per Share
2022-02-22Interim Dividend - Rs 5.75 Per Sh
2021-11-23 Interim Dividend - Rs 3.50 Per Sh
2021-09-16 Annual General Meeting/Dividend - Rs 1.50 Per Share
2021-02-23 Interim Dividend - Rs 3.50 Per Share
2020-09-21 Annual General Meeting/Dividend - Rs 1.60 Per Share
2020-02-20 Interim Dividend - Rs 9 Per Share
2019-08-08 Annual General Meeting/Dividend - Rs 1.75 Per Share
2019-02-21 Interim Dividend - Rs 8.50 Per Share
2018-11-30 Buy Back
2018-09-12 Annual General Meeting/Dividend Re 1 Per Share
2018-03-27 Bonus 1:20.6667
2018-02-21 Interim Dividend - Rs 14 Per Share
2017-09-14 Annual General Meeting/Dividend - Rs 4.75 Per Share
2017-04-03 Buyback
2017-02-13 Interim Dividend Rs 9.50 Per Share
2017-01-12 Bonus 1:30.7500
2016-09-15 Annual General Meeting/Dividend - Rs 8/- Per Share
2016-01-19 Interim Dividend-Rs 8/- Per Share (Purposed Revised)
2015-09-16 Annual General Meeting/ Dividend - Rs 10/- Per Share
2015-03-24Interim Dividend - Rs 10/- Per Share (Purpose Revised)
2014-09-18Annual General Meeting / Final Dividend - Re 0.50/- Per Share
2014-03-262nd Interim Dividend - Rs 10/- Per Share (Purpose Revised)
2014-02-03Interim Dividend - Rs 11/- Per Share (Purpose Revised)
2013-09-12Annual General Meeting / Final Dividend - Rs 7/- Per Share
2013-03-21Second Interim Dividend Rs.12/- Share (Purpose Revised)
2013-01-23Interim Dividend Rs 11 Per Share
2012-09-06Annual General Meeting And Dividend Rs.5/- Per Share
2012-03-29Bonus 3:20.4000
2012-02-222nd Interim Dividend Rs.10/- Per Share
2012-01-03Interim Dividend Rs.25/- Per Share
2011-09-15Annual General Meeting And Dividend Rs.19.50 Per Share
2011-01-03Interim Dividend-Rs.18/- Per Share
2010-09-16Annual General Meeting And Final Dividend Rs.16/- Per Share
2010-02-10Int Div-Rs.18/- Per Share
DateTypeWhat it says
2026-09-30General UpdatesGeneral Updates - Change in Senior Management
2026-09-18UpdatesBoard Comments on fine levied by the Exchange
2026-09-18Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-09-18Shareholder meetingOil India Limited has submitted the Exchange a copy of Scrutinizers Report and Voting Results of 67th Annual General Meeting held on September 17, 20...
2026-09-17Shareholder meetingProceedings of Annual General Meeting held on September 17, 2026
2026-09-17Press ReleaseA press release dated September 17, 2026, titled "OIL outlines growth roadmap at 67th AGM; aligns offshore exploration with Samudra Manthan ".
2026-09-09Change in AuditorsChange in Auditors of the company.
2026-08-31General UpdatesGeneral Updates - Change in Senior Management
2026-08-30Press ReleaseA press release dated August 30, 2026, titled "OIL Green Energy Limited signs MoUs with Government of Haryana for four Integrated Waste-to-Clean-Energ...
2026-08-26General UpdatesFine imposed by NSE and BSE
2026-08-25Shareholder meetingNotice of 67th Annual General Meeting of the Company for F.Y. 2025-26 to be held on September 17, 2026
2026-08-19Record DateRecord date for the purpose of Final Dividend (F.Y. 2025-26) is 04-Sep-2026.
2026-08-19Updates67th Annual General Meeting (AGM) of the Company & Record Date for Final Dividend for FY 2025-26.
2026-08-19UpdatesNewspaper Notice for registration / updation of Email IDs & Special Window for Transfer and Dematerialisation of Physical Securities
2026-08-14UpdatesE-mail Communication to Member(s)/Shareholder(s) on Deduction of Tax at Source on Final Dividend for the year 2025-26.
2026-08-12Concall / analyst meetTranscript
2026-08-10Concall / analyst meetLink of Recording
2026-08-10Concall / analyst meetSchedule of meet
2026-08-07Board meeting outcomeAppointment of Cost Auditor
2026-08-07Press ReleaseA press release dated August 07, 2026, titled "Unaudited Financial Results for Quarter ended 30th June, 2026".
2026-08-07Board meeting outcomeOil India Limited has submitted to the Exchange, the financial results for the period ended June 30, 2026.
2026-08-05General UpdatesUpdates on Tax Litigations.
2026-08-04Concall / analyst meetPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that Oil India Limite...
2026-07-31General UpdatesChange in Senior Management
2026-07-30Press ReleaseA press release dated July 30, 2026, titled "OIL Signs MoU with MCD to Establish Compressed Bio-Gas Plants Based on Municipal Solid Waste in Delhi".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.74
Max pain (expiry 2026-10-27)460
Largest call open interest at500
Largest put open interest at480
Implied volatility, at the money27.1%
Underlying at snapshot444.00
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-302,530
2026-09-2922,556
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2018-06-06CESTATOIL INDIA LTD ---VS.--- JAIPUR-II
2017-10-27CESTATTOTAL OIL INDIA PVT LTD ---VS.--- JAIPUR-II
2017-10-25CESTATJAIPUR-II ---VS.--- OIL INDIA LTD
2017-09-22CESTATOIL INDIA LTD ---VS.--- JAIPUR-I
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Oil India Ltd?

Oil India Ltd (OIL) has a market capitalisation of Rs 74,734 Cr. at the 2026-10-01 close.

What is the P/E ratio of Oil India Ltd?

Oil India Ltd trades at a P/E of 8.95 on trailing twelve-month profit, at the 2026-10-01 close.

What were Oil India Ltd's latest quarterly results?

In the Jun 2026 quarter, Oil India Ltd sales was Rs 12,503 Cr (+57.7% vs Jun 2025) and net profit was Rs 4,027 Cr.

What is the 52-week high and low of Oil India Ltd?

The 52-week high is Rs 531.00 and the 52-week low is Rs 395.60.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03