OIL · NSE

Oil India Limited

₹475.7

-0.36% (-₹1.7)

Prev. close

₹477.4

Volume

37,03,547

Delivery %

60.7%

As of

18 Sept 2026

Price history

Bullish

ETMarkets Analysis · ETMarkets.com · 28 Jun 2026

Oil India is rated a 'Buy' with an average analyst target price of ₹531, implying a potential upside of 31% from its current trading price of ₹407 over the next 12 months. This consensus is derived from the analysis of 20 analysts.

Published mid-session at 11:28 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹531PENDINGCall pageClear
₹475.7+₹66.95 (+16.38%) · CALL
29 Jun 202618 Sept 2026
Target ₹531Entry ₹408.7529 Jun16 Jul11 Aug31 Aug18 Sept
ETMarkets Analysis's call · 28 Jun 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Oil India is rated a 'Buy' with an average analyst target price of ₹531, implying a potential upside of 31% from its cur…ETMarkets AnalysisETMarkets.comOil IndiaPENDING
Oil India is rated a 'Buy' with an average analyst target price of ₹531, implying a potential upside of 31% from its current trading price of ₹407 over the next 12 months. This consensus is derived from the analysis of 20 analysts.
Rating & targetTarget ₹531Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Oil India Limited

Oil India Limited engages in the exploration, development, and production of crude oil and natural gas in India. It operates through Crude Oil, Natural Gas, LPG, Pipeline Transportation, Renewable Energy, and Others segments. The company owns and operates crude oil trunk pipeline comprising an area of 1,157 kilometers; and drilling rigs and workover rigs. It is also involved in the transportation of crude oil and natural gas; and production of Liquefied Petroleum Gas (LPG) and condensate, as well as in the pipeline transportation services. In addition, it generates energy through wind and solar power projects. Oil India Limited was founded in 1889 and is based in Noida, India.

Details

Sector

Energy

Industry

Oil & Gas Integrated

CEO

Mr. Binayananda Bharali

Headquarters

Noida

Employees

6,593

Key stats

Market cap

₹77,654.26 Cr

P/E ratio (TTM)

9.3

Dividend yield

2.67%

EPS (TTM)

₹51.34

Beta (1Y · daily vs NIFTY 50)

-0.24

Beta (5Y · monthly vs NIFTY 50)

0.74

Shares float

54.38 Cr

EPS · quarter ended Jun 2026

₹22.32

Upcoming earnings

12 Nov 2026

Financial Performance

01 · Financials

0 Cr10000 Cr20000 Cr30000 Cr40000 Cr-20%0%20%40%FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY22 growth needs FY21 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0204060FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0358-100%0%100%200%20 Feb 2021 Sept 2023 Feb 2116 Sept 2123 Nov 2122 Feb 2215 Sept 2221 Nov 2222 Feb 2325 Aug 2322 Nov 2318 Mar 2430 Aug 2414 Nov 2417 Feb 2504 Sept 2521 Nov 2518 Feb 2604 Sept 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-20%0%20%40%FY22FY23FY24FY25FY26
SalesFixed assetsTrade receivablesInventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 L Cr0.5 L Cr1 L Cr1.5 L Cr0.25×0.5×0.75×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 L Cr0.5 L Cr1 L Cr1.5 L CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-50000 Cr0 Cr50000 CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹22,497.61 Cr₹30,011.20 Cr₹36,083.90 Cr₹32,465.81 Cr₹32,509.66 Cr₹37,049.55 Cr
EBITDA₹11,642.96 Cr₹15,987.42 Cr₹11,890.95 Cr₹12,882.57 Cr₹13,325.39 Cr
₹3,527.84 Cr₹5,621.63 Cr₹8,728.59 Cr₹6,335.10 Cr₹6,550.93 Cr₹6,619.94 Cr
Diluted EPS₹21.69₹34.56₹53.66₹38.95₹40.27₹40.7

Depreciation & amortisation, EBITDA have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹55,294.38 Cr₹60,818.26 Cr₹73,883.02 Cr₹92,152.86 Cr₹1.04 L Cr₹1.24 L Cr
₹19,718.42 Cr₹16,720.53 Cr₹18,831.75 Cr₹24,040.50 Cr₹30,645.24 Cr₹37,477.98 Cr
Stockholders' equity₹23,666.42 Cr₹30,561.91 Cr₹38,481.49 Cr₹48,338.99 Cr₹49,767.72 Cr₹57,998.36 Cr

Trade receivables, CWIP, Others, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹5,243.72 Cr₹9,309.57 Cr₹11,410.41 Cr₹10,933.14 Cr₹11,332.04 Cr₹10,683.75 Cr
Investing cash flow₹-8,521.21 Cr₹-4,193.12 Cr₹-9,131.43 Cr₹-12,601.21 Cr₹-13,514.24 Cr₹-10,381.37 Cr
₹3,702.04 Cr₹-5,615.30 Cr₹-2,521.34 Cr₹1,637.22 Cr₹2,482.99 Cr₹408.88 Cr
Capital expenditure₹-5,967.99 Cr₹-8,524.55 Cr₹-12,062.83 Cr₹-12,968.99 Cr₹-13,170.93 Cr
End cash position₹1,079.30 Cr₹581.51 Cr₹340.62 Cr₹310.25 Cr₹610.87 Cr₹1,322.32 Cr

Depreciation & amortization, Debt issued, Debt repaid, Capital expenditure have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(21Q)
Promoter56.66%
Public43.34%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Energy

Company
Reliance Industries Limited₹16.84 L Cr₹1,226.422.51.868.9%0.44+9.6%-13.3%
Adani Enterprises Limited₹4.16 L Cr₹3,02050.85.1411.5%1.32+2.6%+25.7%
Oil & Natural Gas Corporation Limited₹2.92 L Cr₹232.86.70.7911.1%0.47-0.6%-1.2%
Coal India Limited₹2.58 L Cr₹409.98.32.1626.1%0.12+0.1%+4.3%
Indian Oil Corporation Limited₹1.90 L Cr₹1375.50.8619.2%0.60+2.6%-6.9%
Bharat Petroleum Corporation Limited₹1.30 L Cr₹3077.61.2925.8%0.54+2.6%-5.1%
Oil India Limited₹77,654.26 Cr₹475.79.31.3411.4%0.65+4.4%+19.2%
Hindustan Petroleum Corporation Limited₹74,601.46 Cr₹35944.71.1427.5%0.85+1.0%-12.1%
Aegis Logistics Limited₹47,518.38 Cr₹1,415.438.07.8514.8%0.69+26.1%+80.4%
Petronet LNG Limited₹42,517.51 Cr₹292.610.11.9117.6%0.11-14.5%+4.6%
Aegis Vopak Terminals Limited₹32,901.81 Cr₹310.7108.07.677.2%0.87+17.0%+27.3%
Mangalore Refinery and Petrochemicals Limited₹28,702.31 Cr₹165.389.12.0213.6%1.08-6.4%+26.2%

Ranked by market cap within Energy, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

46 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

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