O

Oil India Limited

OILNSE
Market snapshot · 2026-08-11 09:15 UTC

472.55

+₹19.55 (+4.32%)

MARKET CAP

₹76.87K Cr

STOCK P/E

11.4x

52W HIGH

₹531.00

52W LOW

₹384.60

BOOK VALUE

₹356.62

EPS

₹41.63

ROE

SECTOR

Energy

DEBT/EQUITY

58.74

VOLUME

94.86L

P/B RATIO

1.33x

PEG RATIO

0.12

Sector

Energy

Themes

Oil & Gas - Exploration & ProductionGreen HydrogenPsuMaharatna

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AI Summary

✦ Clartha

Oil India is an Indian exploration and production company focused on crude oil and natural gas. Crude oil and natural gas drive core revenues, while LPG production and pipeline transportation provide additional operating streams. Wind and solar projects remain smaller contributors. Recent quarterly profit growth from higher crude prices and production supports near-term earnings, though commodity prices remain the key swing factor. Profit rose 1.1% against 4.4% revenue growth, while margins improved, indicating better earnings conversion. ROE is unavailable, and debt/equity of 58.74 implies substantial leverage that can magnify returns and interest-rate sensitivity. At 10.9x earnings, the stock appears discounted relative to its earnings base, but valuation remains exposed to crude-price volatility, production execution, and geopolitical disruptions.

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for OIL.

20.00 analysts

Price Forecast

Current
₹472.55
High Target
₹639.00
▲ +35.2%
Median Target
₹529.50
▲ +12.1%
Low Target
₹355.00
▼ -24.9%
Price history (1Y)
Analyst target range
20 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹391.83 - ₹585.0480%
6M₹365.38 - ₹644.0780%
12M₹333.54 - ₹743.5680%
Realized vol: +31.3% · Drift: +10.1%

Revenue Forecast

₹ Cr
Jun '26Current₹7,958.0
Sep 2026 ETrend estimate range
High₹7,084.1Base₹6,559.4Low₹6,034.6
Sep '25: ₹5,457.0 · Dec '25: ₹4,916.0 · Mar '26: ₹5,961.0 · Jun '26: ₹7,958.0 · Sep '26: ₹6,559.4 · Dec '26: ₹5,909.1
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E5,457.04,916.05,961.07,958.06,559.45,909.1
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹17.65
Sep 2026 ETrend estimate range
High₹10.79Base₹9.63Low₹8.47
Sep '25: ₹6.42 · Dec '25: ₹4.97 · Mar '26: ₹11.00 · Jun '26: ₹17.65 · Sep '26: ₹9.63 · Dec '26: ₹7.46
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E6.424.9711.0017.659.637.46
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
55%
Analyst Consensus
Weakening

From 20 analysts

Mean upside+10.1%

Fundamentals

Strong

Fundamentals institutional score is 100 using growth durability 100.0.

Valuation

Fairly valued

Valuation institutional score is 49 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 48 using mean target upside 10.1%; dispersion penalty 21.8; recommendation breadth from available consensus.

Technical Structure

Mixed Momentum

Technicals institutional score is 48 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Sentiment weakening

Recent news flow is skewing adverse on impact and recency. Based on 12 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals provide support, while valuation and analyst consensus remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Fairly valuedAnalyst Consensus NeutralTechnical Structure Mixed MomentumMarket Sentiment Sentiment weakening

Key Data Points

Mean Target Price520.3 target
Mean Upside+10.1%
Technical Score48%
Fundamental Score100%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 9.8% above historical median. Valuation is stable — currently in the overvalued zone (z-score: +0.49). Confidence: 73%.

Live forward EPS implies next-12-month EPS of ₹60.07. Applying the stock's normalized valuation corridor produces a fair range of ₹546.64 to ₹661.37, with base value near ₹595.29 (+26.0% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹60.07

Forward P/E

7.9x

Base Fair Value

₹595.29

Fair Range

₹546.64 - ₹661.37

Upside To Base

+26.0%

Estimate Source

Live forward EPS

Growth Estimate

+91.4%

P/E
Overvalued

5Y Average

7.16

Current

10.88

Overvalued

11.01

Undervalued

9.10

EV/EBITDA
Strongly Overvalued

5Y Average

4.22

Current

6.69

Overvalued

5.98

Undervalued

1.94

P/B
Undervalued

5Y Average

1.31

Current

1.33

Overvalued

1.51

Undervalued

1.12

Peers & Comparison

Sector: Energy · Theme: Oil & Gas - Exploration & Production

Oil & Gas - Exploration & Production Peers4 peers
Avg P/E: 17.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
OIL AND NATURAL GAS CORP.
ONGCOil & Gas - Exploration & Production
+25.7%6.2%
6.9x
Undervalued
-61% vs avg
+1.8%
HINDUSTAN PETROLEUM CORP
HINDPETROOil & Gas - Refining & Marketing
+26.9%0.4%
49.7x
Premium
+182% vs avg
-4.2%
BHARAT PETROLEUM CORP LT
BPCLOil & Gas - Refining & Marketing
+34.4%3.5%
7.9x
Undervalued
-55% vs avg
-1.6%
INDIAN OIL CORP LTD
IOCOil & Gas - Refining & Marketing
+38.5%3.9%
5.8x
Undervalued
-67% vs avg
-0.5%
WHY THESE PEERS

OIL INDIA LTD trades at a discount (11.4x vs peer avg 17.6x), suggesting potential undervaluation relative to the Oil & Gas - Exploration & Production cohort. Peers include OIL AND NATURAL GAS CORP., HINDUSTAN PETROLEUM CORP, BHARAT PETROLEUM CORP LT — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹7.96K CrJun 2026

Latest net profit

₹2.87K CrJun 2026

Latest EPS

₹17.65Jun 2026

Net margin

51.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%15.0%30.0%45.0%60.0%0.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr₹0₹5₹10₹15₹20
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr2.00K Cr4.00K Cr6.00K Cr8.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr20.00K Cr40.00K Cr60.00K Cr80.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +4,5315,3425,3245,5275,3325,2465,2405,5195,0125,4574,9165,9617,958
Expenses +2,2022,8543,2183,1922,8663,0633,1073,5353,4064,1323,6084,1403,874
Operating Profit2,3292,4882,1062,3362,4662,1832,1331,9841,6061,3251,3081,8214,084
OPM %51%47%40%42%46%42%41%36%32%24%27%31%51%
Other Income +334-1,6535088331628561896641768315471,139521
Interest166224181189197230244195153260267286247
Depreciation397423499455456504527432531578641617616
Profit before tax2,1001881,9332,5241,9752,3051,5502,0201,0981,3189482,0573,742
Tax %23%-73%18%20%26%20%21%21%26%21%15%13%23%
Net Profit +1,6133251,5842,0291,4671,8341,2221,5918131,0448081,7902,870
EPS in Rs9.922.009.7412.479.0211.287.519.785.006.424.9711.0017.65
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +56.66%56.66%56.66%56.66%56.66%
FIIs +8.16%7.56%7.54%7.67%7.28%
DIIs +18.41%19.21%19.44%19.43%20.13%
Government +9.87%9.87%9.87%9.87%9.87%
Public +6.91%6.69%6.50%6.36%6.06%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Government +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 10, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Aug 10, 2026PDFCompany Reports Open

Appointment Of Cost Auditor

Aug 07, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Aug 07, 2026PDFCompany Reports Open

Board Meeting Outcome for Outcome Of Board Meeting

Aug 07, 2026PDFCompany Reports Open