Oil India Limited (OIL) AI Stock Analysis

• Market Cap: ₹640.56B
• Dividend Yield: 2.92%
• Average Volume (3M): 76.53K
• Price to Earnings (P/E): 10.0
• Beta (1Y): 1.21
• Revenue Growth: -5.98%
• EPS Growth: -3.42%
• Country: IN
• Employees: 6,492
• Sector: Energy
• Sector Strength: 66
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 5.00
• Shares Outstanding: 1,626,607,800
• 10 Day Avg. Volume: 58,983
• 30 Day Avg. Volume: 76,529
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹432.00
• Price Target Upside: 9.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: ₹473.00 ▲(20.11% Upside)

Oil India Limited's overall stock score reflects a strong financial foundation with efficient operations and a fair valuation. The neutral technical indicators and the absence of recent corporate events suggest a cautious outlook. Management of debt and capital expenditures will be key for future performance.

Oil India Limited Business Overview & Revenue Model

Company Description

Oil India Limited (OIL) is a prominent Indian government-owned company engaged in the exploration, development, and production of crude oil and natural gas. Established in 1959, OIL operates primarily in the upstream sector of the oil and gas industry. The company is involved in the exploration, drilling, and extraction of oil and natural gas, with operations primarily located in India and select international territories. In addition to its core activities, OIL also engages in the transportation of crude oil and the production of liquefied petroleum gas (LPG).

How the Company Makes Money

Oil India Limited generates revenue primarily through the sale of crude oil and natural gas. The company's core revenue streams include the production and sale of crude oil to refineries and the supply of natural gas to various industries and consumers. OIL also earns income from the transportation of crude oil via its pipeline network. The company benefits from its strategic partnerships and joint ventures, which enable it to expand its exploration activities and enhance its production capabilities. Additionally, OIL's involvement in the production of liquefied petroleum gas (LPG) contributes to its revenue. Factors such as global oil prices, production levels, and government policies significantly influence the company's earnings.

Oil India Limited Financial Statement Overview

Summary

Oil India Limited presents a robust financial profile with strong profitability and a solid balance sheet. The high gross profit margin and stable net profit margins indicate operational efficiency, despite inconsistent revenue growth and increasing debt levels. Challenges exist in managing capital expenditures to ensure positive free cash flow.

Income Statement

Oil India Limited shows strong profitability with a high gross profit margin of approximately 52.6% and stable net profit margins, averaging around 20% over the years. Despite a slight decrease in total revenue from 2023 to 2025, the company demonstrates robust EBIT and EBITDA margins, reflecting efficiency in operations. However, the revenue growth has been inconsistent, with fluctuations over the years.

Balance Sheet

The balance sheet indicates a strong equity base, with a debt-to-equity ratio of 0.62, suggesting a conservative leverage strategy. The equity ratio is approximately 47.6%, reflecting a solid capital structure. However, the increasing debt levels from 2022 to 2025 pose a risk, potentially impacting future financial flexibility.

Cash Flow

Operating cash flow remains strong, consistently supporting net income with a healthy operating cash flow to net income ratio. However, free cash flow has turned negative in recent years due to high capital expenditures, which may affect future liquidity unless managed efficiently.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	325.12B	325.12B	324.66B	360.97B	297.58B	118.15B
Gross Profit	160.40B	171.04B	223.24B	200.98B	221.01B	97.79B
EBITDA	120.10B	121.09B	118.91B	159.00B	114.86B	64.06B
Net Income	65.51B	65.51B	63.35B	87.29B	56.22B	47.01B
Balance Sheet
Total Assets	1.04T	1.04T	921.53B	738.83B	608.18B	514.43B
Cash, Cash Equivalents and Short-Term Investments	78.41B	78.41B	67.96B	41.75B	21.07B	44.56B
Total Debt	306.45B	306.45B	240.41B	188.32B	167.21B	129.97B
Total Liabilities	497.39B	497.39B	395.27B	320.30B	276.42B	225.95B
Stockholders Equity	497.68B	497.68B	483.39B	384.81B	305.62B	288.49B
Cash Flow
Free Cash Flow	0.00	-16.37B	-11.30B	28.86B	33.42B	47.76B
Operating Cash Flow	0.00	113.32B	109.33B	114.10B	93.10B	53.05B
Investing Cash Flow	0.00	-135.14B	-126.01B	-91.31B	-41.93B	-27.25B
Financing Cash Flow	0.00	24.83B	16.37B	-25.21B	-56.15B	-56.99B

Oil India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 393.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:OIL, the sentiment is Negative. The current price of 393.8 is below the 20-day moving average (MA) of 407.41, below the 50-day MA of 426.76, and below the 200-day MA of 421.86, indicating a bearish trend. The MACD of -9.63 indicates Negative momentum. The RSI at 35.43 is Neutral, neither overbought nor oversold. The STOCH value of 47.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:OIL.

Oil India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GSPL	69 Neutral	₹171.44B	15.34		1.65%	0.44%	-33.05%
GUJGASLTD	68 Neutral	₹300.86B	26.27		1.32%	-2.76%	-9.00%
OIL	68 Neutral	₹640.56B	9.98		2.92%	-5.98%	-3.42%
BPCL	67 Neutral	₹1.37T	7.77		3.19%	-1.89%	-8.61%
Sector *	66 Neutral	$15.26B	7.30	3.22%	5.27%	4.16%	-60.82%
MRPL	56 Neutral	₹219.07B	461.09		2.36%	-3.99%	-110.83%
HINDPETRO	55 Neutral	₹818.15B	8.07		2.73%	-1.06%	3.34%