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Oil India Ltd

(OIL)

₹5953.32%

as on 04:01PM, 18 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 17 analysts

BUY

72.22%

Buy

11.11%

Hold

16.67%

Sell

Based on 17 analysts offering long term price targets for Oil India Ltd. An average target of ₹633.08

Source: S&P Global Market Intelligence

Oil India Ltd Share analysis

Oil India Ltd price forecast by 17 analysts

Upside of2.86%

High

₹805

Target

₹633.08

Low

₹280

Oil India Ltd target price ₹633.08, a slight upside of 2.86% compared to current price of ₹595. According to 17 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹590.85
    ₹627
  • 52 Week's Low

    52 Week's High

    ₹182.27
    ₹767.9
1 Month Return-10.75 %
3 Month Return+ 33.61 %
1 Year Return+ 222.95 %
Previous Close₹615.45
Open₹626.00
Volume73.76L
Upper Circuit-
Lower Circuit-
Market Cap₹1,00,109.58Cr

Key Statistics

P/E Ratio18.36
PEG Ratio-2.1
Market Cap₹1,00,109.58 Cr
P/B Ratio1.47
EPS42.9136194241295
Dividend Yield2.42
SectorCrude Oil & Natural Gas
ROE19.23

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹1,00,109.58 Cr102.88%0.61₹6,980 Cr₹32,466 Cr
BUY₹19,92,261.96 Cr34.31%0.65₹79,020 Cr₹9,01,064 Cr
BUY₹3,70,677.93 Cr26.4%0.61₹57,100 Cr₹5,91,447 Cr
SELL₹32,754.34 Cr55.51%0.75₹3,597 Cr₹90,406 Cr
BUY₹27,616.68 Cr65.82%0.57₹672 Cr₹7,045 Cr

Company Information

Oil India Ltd is an Indian state-owned oil and gas company incorporated in 1959. It is headquartered in Duliajan, Assam and is the second largest hydrocarbon exploration and production Indian public sector company with a market capitalisation of over Rs. 50,000 crore (as of October 2020).

Oil India Ltd is engaged in exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. It operates in the upstream, midstream and downstream segments of the oil and gas industry. Its upstream operations include exploration, drilling, production and transportation of crude oil and natural gas. Its midstream operations include refining, marketing and trading of petroleum products. Its downstream operations include storage, transportation and distribution of petroleum products.

Oil India Ltd's top products include crude oil, natural gas, LPG, petrol, diesel, kerosene, and aviation turbine fuel.

Share Price: ₹595.00 per share as on 18 Sep, 2024 04:01 PM
Market Capitalisation: ₹1,00,109.58Cr as of today
Revenue: ₹8,120.21Cr as on June 2024 (Q2 24)
Net Profit: ₹2,016.30Cr as on June 2024 (Q2 24)
Listing date: 30 Sep, 2009
Chairperson Name: Ranjit Rath
OrganisationOil India Ltd
HeadquartersNoida
IndustryCrude Oil & Natural Gas
E-voting on sharesClick here to vote

Key events for Oil India Ltd

  • Oil India Shares Rise After Windfall Tax Removal - 18 Sep, 2024

    Oil India shares initially rose up to 2% following the government's decision to eliminate the windfall tax on domestically produced crude oil. However, shares later gave up gains.

  • Oil India Plans Major Investment in Clean Energy - 16 Sep, 2024

    Oil India Ltd aims to invest Rs 25,000 crore in clean energy projects and drill over 75 wells this financial year to achieve net zero carbon emissions by 2040.

  • Oil India Advances Expansion and Clean Energy Goals - 15 Sep, 2024

    Oil India is set to drill over 75 wells in FY25 and expand its Numaligarh refinery capacity to 180,000 bpd by 2027. The company is investing Rs 25,000 crore in clean energy projects to achieve net zero emissions by 2040, while ensuring uninterrupted diesel supplies to Bangladesh despite regional unrest.

  • Oil India Ensures Steady Diesel Exports to Bangladesh - 14 Sep, 2024

    Oil India Ltd. confirms no disruptions in diesel exports to Bangladesh amid political unrest. The company has secure payment arrangements and is set to produce ethanol soon.

  • Oil India Shares Decline Amid MoU Announcement - 11 Sep, 2024

    Oil India shares experienced a significant decline, dropping 6.4% in intra-day trading. Despite recent losses, the stock has shown strong performance over the past year. Additionally, Oil India signed a MoU to enhance collaboration in the critical mineral supply chain.

  • Oil India Signs MoU for Mineral Supply Cooperation - 10 Sep, 2024

    Oil India, along with OVL and KABIL, signed a Memorandum of Understanding with International Resources Holding RSC Ltd. (IRH), UAE, to enhance cooperation in critical mineral supply chains globally.

  • Oil India Shares Decline Amid Crude Price Drop - 04 Sep, 2024

    Oil India shares are experiencing selling pressure due to a correction in crude oil prices, with trading cuts of over 1% noted.

  • Oil India Signs Key Gas Infrastructure Agreement - 02 Sep, 2024

    Oil India Limited has signed a hook-up agreement with Dhanush Gas Grid to connect its natural gas fields in Upper Assam to the North-East Gas Grid, enhancing regional energy infrastructure.

  • Oil India Announces Dividend and MSCI Inflows - 30 Aug, 2024

    Oil India Limited declared a final dividend of Rs 2.50. Shares surged due to anticipated MSCI inclusion inflows, estimated at $258 million.

  • Oil India Partners for Mineral Exploration Initiative - 29 Aug, 2024

    Khanij Bidesh India Ltd. (KABIL) has signed a Memorandum of Understanding with Oil India to collaborate on mineral exploration projects, addressing India's increasing mineral resource demands.

  • Oil India and KABIL Sign MoU for Collaboration - 28 Aug, 2024

    Khanij Bidesh India Ltd. (KABIL) and Oil India Ltd. have signed a Memorandum of Understanding to enhance collaboration in mineral exploration and related projects.

  • Oil India Declares Final Dividend for Shareholders - 24 Aug, 2024

    Oil India Limited has declared a final dividend of Rs 2.5 per equity share, with an ex-date set for August 30, 2024. This follows a history of consistent dividend payments, rewarding shareholders significantly over the years.

Insights on Oil India Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 8.82% to 8.83% in Jul 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.24% to 6.28% in Jul 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, OIL has outperformed top 5 stocks with highest market-cap in Oil & Gas Exploration and Production

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Selan Explorations Technology Ltd has given 533.7% return, outperforming this stock by 160.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 56.66% of holdings in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 10.25K Cr → 8.47K Cr (in ₹), with an average decrease of 9.0% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 2.34K Cr → 1.88K Cr (in ₹), with an average decrease of 10.4% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 9.33% to 9.30% in Jul 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, OIL stock has moved down by -10.8%

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹6,208.22Cr (-)₹7,496.51Cr (↑20.75%)₹9,614.29Cr (↑28.25%)₹9,147.01Cr (↓4.86%)₹8,120.21Cr (↓11.23%)
Net Income₹1,399.49Cr (-)₹640.36Cr (↓54.24%)₹2,607.66Cr (↑307.22%)₹2,332.94Cr (↓10.54%)₹2,016.30Cr (↓13.57%)
Net Profit Margin22.54% (-)8.54% (↓62.11%)27.12% (↑217.56%)25.50% (↓5.97%)24.83% (↓2.63%)
Value in ₹ crore
Details2021202220232024
Total Assets₹51,193.09Cr (-)₹50,554.03Cr (↓1.25%)₹54,938.05Cr (↑8.67%)₹66,441.52Cr (↑20.94%)
Total Liabilities₹24,982.45Cr (-)₹20,663.52Cr (↓17.29%)₹20,572.79Cr (↓0.44%)₹22,319.07Cr (↑8.49%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹5,303.77Cr (-)₹1,792.87Cr (↓66.20%)₹6,005.18Cr (↑234.95%)₹7,660.43Cr (↑27.56%)₹7,715.12Cr (↑0.71%)

Index Inclusions

S&P BSE Infra.

₹692.73

-0.4 (-2.78%)

S&P BSE PSU

₹20,748.32

-0.45 (-92.92%)

S&P BSE Energy

₹13,015.10

-0.9 (-118.37%)

S&P BSE 150 MidCap

₹16,861.43

-0.74 (-126.15%)

S&P BSE Enhanced Value

₹985.09

-0.36 (-3.57%)

Nifty PSE

₹10,807.90

-0.65 (-70.8%)

Nifty Midcap 100

₹59,752.85

-0.71 (-427.9%)

Nifty LargeMidcap 250

₹16,673.25

-0.45 (-74.8%)

BSE Mid-Cap

₹48,857.07

-0.71 (-349.75%)

Nifty 200

₹14,380.45

-0.28 (-40.1%)

S&P BSE 400 MidSmallCap

₹12,848.57

-0.62 (-80.01%)

BSE 500

₹37,668.29

-0.37 (-138.15%)

S&P BSE AllCap

₹11,026.27

-0.37 (-41.39%)

S&P BSE OIL & GAS

₹30,455.91

-1.12 (-344.37%)

S&P BSE CPSE

₹4,173.65

-0.79 (-33.18%)

Nifty CPSE

₹6,989.95

-0.88 (-61.85%)

Nifty Midcap 150

₹22,079.90

-0.7 (-155.45%)

BSE 200

₹11,731.01

-0.34 (-40.29%)

Nifty MidSmallcap 400

₹20,837.05

-0.57 (-119.45%)

S&P BSE 250 LargeMidCap

₹11,133.40

-0.36 (-40.47%)

Nifty 500

₹23,898.65

-0.3 (-71.25%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.66%
0.00
Foreign Institutions
9.3%
-0.40
Mutual Funds
8.83%
0.16
Retail Investors
6.28%
0.71
Others
18.94%
-0.11

Key Indicators

Details20202021202220232024
Return On Equity %9.918.2713.8621.219.23
Details20202021202220232024
Return On Assets %10.86.8911.1215.899.53
Details20202021202220232024
Book Value Per Share (₹)142.68145.5187.88236.58297.18
Details20202021202220232024
Earning Per Share (₹)30.7725.4941.3160.5842.91

Oil India Ltd Valuation

Oil India Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.17x)

May 18, 2020

Industry (9.95x)

September 17, 2024

Today (18.36x)

September 17, 2024

Highest (22.11x)

August 30, 2024

LowHigh

Earnings and Dividends

  • Oil India Ltd Earnings Results

    Oil India Ltd’s net profit jumped 32.19% since last year same period to ₹1,885.78Cr in the Q1 2024-2025. On a quarterly growth basis, Oil India Ltd has generated -11.91% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Oil India Ltd Dividends May,2024

    In the quarter ending March 2024, Oil India Ltd has declared dividend of ₹2.50 - translating a dividend yield of 3.25%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Oil India Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

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  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Oil India Ltd shares.

Oil India Ltd (OIL) share price today is ₹595

Oil India Ltd is listed on NSE

Oil India Ltd is listed on BSE

  • Today’s highest price of Oil India Ltd is ₹627.
  • Today’s lowest price of Oil India Ltd is ₹590.85.

PE Ratio of Oil India Ltd is 18.36

PE ratio = Oil India Ltd Market price per share / Oil India Ltd Earnings per share

Today’s traded volume of Oil India Ltd(OIL) is 73.76L.

Today’s market capitalisation of Oil India Ltd(OIL) is ₹100109.58Cr.

Oil India Ltd(OILPrice
52 Week High
₹767.9
52 Week Low
₹182.27

Oil India Ltd(OIL) share price is ₹595. It is down -22.52% from its 52 Week High price of ₹767.9

Oil India Ltd(OIL) share price is ₹595. It is up 226.44% from its 52 Week Low price of ₹182.27

Oil India Ltd(OILReturns
1 Day Returns
-20.45%
1 Month Returns
-10.75%
3 Month Returns
33.61%
1 Year Returns
222.95%