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Oil India Ltd

(OIL)

₹486.050.12%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Oil India Ltd Analyst Rating

based on 17 analysts

BUY

82.35%

Buy

5.88%

Hold

11.76%

Sell

Based on 17 analysts offering long term price targets for Oil India Ltd. An average target of ₹595.55

Source: S&P Global Market Intelligence

Oil India Ltd Share analysis

Oil India Ltd price forecast by 17 analysts

Upside of22.68%

High

₹777

Target

₹595.55

Low

₹280

Oil India Ltd target price ₹595.55, a slight upside of 22.68% compared to current price of ₹486.05. According to 17 analysts rating.

Source: S&P Global Market Intelligence

Oil India Ltd Performance

  • Day's Low

    Day's High

    ₹475.1
    ₹488.25
  • 52 Week's Low

    52 Week's High

    ₹195.47
    ₹767.9
1 Month Return-8.39 %
3 Month Return-27.69 %
1 Year Return+ 136.8 %
Previous Close₹485.45
Open₹480.00
Volume12.10L
Upper Circuit-
Lower Circuit-
Market Cap₹78,963.68Cr

Oil India Ltd Key Statistics

P/E Ratio11.2
PEG Ratio1.1
Market Cap₹78,963.68 Cr
P/B Ratio1.47
EPS42.9136194241295
Dividend Yield2.42
SectorCrude Oil & Natural Gas
ROE19.23

Oil India Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹78,963.68 Cr73.9%0.61₹6,980 Cr₹32,466 Cr
BUY₹16,80,246.62 Cr15.92%0.65₹79,020 Cr₹9,01,064 Cr
BUY₹3,11,990.92 Cr17.82%0.61₹57,100 Cr₹5,91,447 Cr
HOLD₹25,933.22 Cr42.24%0.75₹3,597 Cr₹90,406 Cr
HOLD₹29,480.49 Cr70.95%0.57₹672 Cr₹7,045 Cr

About Oil India Ltd

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: ₹486.05 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹78,963.68Cr as of today
Revenue: ₹7,247.03Cr as on September 2024 (Q3 24)
Net Profit: ₹2,069.16Cr as on September 2024 (Q3 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 Forms Joint Venture for Biogas Plants - 14 Nov, 2024

    Oil India Ltd and GPS Renewables will establish a joint venture to create eight compressed biogas plants across India, each holding a 50% stake. The venture will manage the entire lifecycle of the projects under a DBFOOT model.

  • Oil India Stock Shows Potential for Recovery - 08 Nov, 2024

    Oil India Ltd's current price is Rs 509, with a potential upside of 24.8%. The stock has retraced nearly 50% from its previous high of Rs 768 in August 2024, indicating possible support levels at Rs 462 and Rs 441, with resistance at Rs 579 and Rs 600.

  • Analysts Maintain Buy Ratings for Oil India - 07 Nov, 2024

    Multiple analysts have maintained Buy ratings for Oil India, with target prices ranging from Rs 644 to Rs 678, despite recent operational challenges and production misses.

  • Oil India Reports Strong Q2 Earnings, Shares Surge - 06 Nov, 2024

    Oil India shares surged 6% following a robust Q2 FY25 earnings report, showing a 464% increase in net profit to Rs 2,069 crore despite revenue decline. The company also declared an interim dividend of Rs 3 per share.

  • Oil India Reports Strong Q2 Profit Amid Revenue Decline - 05 Nov, 2024

    Oil India Limited announced a significant increase in Q2 profit to ₹1,834 crore, up from ₹325 crore last year, despite a 7% revenue decline. The company declared an interim dividend of ₹3 per share, to be paid by December 4.

  • BPCL and Oil India Joint Venture Announcement - 28 Oct, 2024

    BPCL has signed a pact with Oil India to develop a city gas distribution project in Arunachal Pradesh, with a 50-50 shareholding structure. BPCL shares fell 4.82% to Rs 305.95, marking an 11.34% decline over the past month, while Oil India shares also traded lower by 0.43%.

  • BPCL and Oil India Form Joint Venture for Gas Project - 26 Oct, 2024

    BPCL has entered a joint venture with Oil India to develop a city gas distribution project in Arunachal Pradesh, with equal shareholding. The Arunachal government may also acquire up to 10% stake.

  • Government Cuts APM Allocation for CGDs - 18 Oct, 2024

    The government has reduced the APM gas allocation to City Gas Distributors (CGDs) by 21.2%, from 19.68 mmscmd to 15.5 mmscmd, effective October 16, 2024. This reduction is attributed to a 20% premium pricing on APM gas from new Oil India wells.

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

    Retail Holding Up

    img

    Retail Investor have increased holdings from 6.28% to 6.46% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 9.30% to 10.58% in Sep 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

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 1.88K Cr → 2.01K Cr (in ₹), with an average increase of 6.5% per quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Selan Explorations Technology Ltd has given 569.4% return, outperforming this stock by 296.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 8.83% to 7.60% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, OIL stock has moved down by -27.7%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 4 quarters, 10.25K Cr → 8.22K Cr (in ₹), with an average decrease of 7.0% per quarter

Oil India Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹7,496.51Cr (-)₹9,614.29Cr (↑28.25%)₹9,147.01Cr (↓4.86%)₹8,120.21Cr (↓11.23%)₹7,247.03Cr (↓10.75%)
Net Income₹640.36Cr (-)₹2,607.66Cr (↑307.22%)₹2,332.94Cr (↓10.54%)₹2,016.30Cr (↓13.57%)₹2,069.16Cr (↑2.62%)
Net Profit Margin8.54% (-)27.12% (↑217.56%)25.50% (↓5.97%)24.83% (↓2.63%)28.55% (↑14.98%)
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

BSE 200

₹10,722.03

-0.87 (-93.59%)

S&P BSE 150 MidCap

₹15,286.70

-0.37 (-56.05%)

S&P BSE PSU

₹18,694.00

-1.57 (-297.32%)

Nifty PSE

₹9,592.00

-1.3 (-126.25%)

S&P BSE 250 LargeMidCap

₹10,169.78

-0.85 (-87.03%)

Nifty MidSmallcap 400

₹18,989.75

-0.45 (-86.25%)

Nifty Midcap 100

₹54,385.35

-0.3 (-162.9%)

S&P BSE Infra.

₹592.73

-2.77 (-16.88%)

Nifty 500

₹21,820.85

-0.83 (-183.5%)

Nifty Alpha 50

₹53,141.35

-0.71 (-382.25%)

Nifty LargeMidcap 250

₹15,236.40

-0.68 (-104.3%)

Nifty 200

₹13,129.70

-0.87 (-115.1%)

S&P BSE CPSE

₹3,674.44

-1.05 (-39.01%)

S&P BSE Momentum

₹2,161.30

-0.81 (-17.7%)

Nifty CPSE

₹6,238.20

-0.73 (-46.05%)

S&P BSE Energy

₹10,776.07

-1.44 (-157.9%)

BSE Mid-Cap

₹44,467.99

-0.37 (-162.97%)

S&P BSE 400 MidSmallCap

₹11,623.42

-0.49 (-57.13%)

Nifty Midcap 150

₹20,180.90

-0.38 (-77.2%)

S&P BSE OIL & GAS

₹25,249.46

-1.45 (-370.78%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE 500

₹34,361.41

-0.84 (-289.42%)

Oil India Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
56.66%
0.00
Foreign Institutions
10.58%
13.77
Mutual Funds
7.6%
-13.88
Retail Investors
6.46%
2.82
Others
18.7%
-1.22

Oil India Ltd 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 (8.38x)

November 19, 2024

Today (11.20x)

November 19, 2024

Highest (22.11x)

August 30, 2024

LowHigh

Oil India Ltd Earnings and Dividends

  • Oil India Ltd Earnings Results

    Oil India Ltd’s net profit jumped 379.29% since last year same period to ₹2,016.20Cr in the Q2 2024-2025. On a quarterly growth basis, Oil India Ltd has generated 6.92% jump in its net profits since last 3-months.

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

    In the quarter ending September 2024, Oil India Ltd has declared dividend of ₹3 - translating a dividend yield of 3.60%.

    Read More about Dividends

Oil India Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

FAQs on Oil India Ltd

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  • Place an order to buy Oil India Ltd shares.

Oil India Ltd (OIL) share price today is ₹486.05

Oil India Ltd is listed on NSE

Oil India Ltd is listed on BSE

  • Today’s highest price of Oil India Ltd is ₹488.25.
  • Today’s lowest price of Oil India Ltd is ₹475.1.

PE Ratio of Oil India Ltd is 11.2

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 12.10L.

Today’s market capitalisation of Oil India Ltd(OIL) is ₹78963.68Cr.

Oil India Ltd(OILPrice
52 Week High
₹767.9
52 Week Low
₹195.47

Oil India Ltd(OIL) share price is ₹486.05. It is down -36.70% from its 52 Week High price of ₹767.9

Oil India Ltd(OIL) share price is ₹486.05. It is up 148.66% from its 52 Week Low price of ₹195.47

Oil India Ltd(OILReturns
1 Day Returns
0.6%
1 Month Returns
-8.39%
3 Month Returns
-27.69%
1 Year Returns
136.8%