- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹72,848 Cr140th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 8.7
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 13 May 2026
- 1.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 2.57%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 15.5%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 11.1%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 13 May 2026
- 0.56
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 18,20,27040.5% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 7 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹12,886 Crup 28.70%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹4,027 Crup 66.09%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 31.2%
Revenue by year
Net profit by year, a loss in red
The years either side of a change of basis do not compare. From the year to Mar 2021, the company's revenue for that year, ₹22,498 Cr, differs from its quarters added, ₹12,568 Cr.
| ₹ crore | Sep 2024Filed 6 Nov | Dec 2024Filed 8 Feb | Mar 2025Filed 31 Jul | Jun 2025Filed 12 Aug | Sep 2025Filed 27 Nov | Dec 2025Filed 10 Feb | Mar 2026Filed 13 May | Jun 2026Filed 7 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,136what Revenue, Sep 2024, includes. This period's revenue includes excise duty of ₹889 crore, a tax on the goods the company makes that it collects and pays to the government. | 9,089what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹752 crore, a tax on the goods the company makes that it collects and pays to the government. | 9,588what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹779 crore, a tax on the goods the company makes that it collects and pays to the government. | 8,750what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹821 crore, a tax on the goods the company makes that it collects and pays to the government. | 9,175what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹781 crore, a tax on the goods the company makes that it collects and pays to the government. | 9,111what Revenue, Dec 2025, includes. This period's revenue includes excise duty of ₹781 crore, a tax on the goods the company makes that it collects and pays to the government. | 10,013what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹720 crore, a tax on the goods the company makes that it collects and pays to the government. | 12,886what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹383 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | 2,069 | 1,457 | 1,497 | 2,047 | 1,644 | 1,436 | 2,424 | 4,027 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 25.4% | 16.0% | 15.6% | 23.4% | 17.9% | 15.8% | 24.2% | 31.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Refinery ProductsRefinery Products, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹26,393 Crup 4.96%55.3%
- CRUDE OIL (Including Condensate)CRUDE OIL (Including Condensate), share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹14,496 Cr30.4%
- NATURAL GASNATURAL GAS, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,637 Crup 2.22%11.8%
- PIPELINE TRANSPORTATIONPIPELINE TRANSPORTATION, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹936 Crup 63.61%2.0%
- LPGLPG, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹166 Cr0.3%
- RENEWABLE ENERGYRENEWABLE ENERGY, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹111 Cr0.2%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2021: days before it are of the company before the change.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 66% of 2,355 trading days over the last 10 years.
LowestHighest
Its median6.2Industry median20.4
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 73% of 1,969 trading days since Nov 2018.
LowestHighest
Its median0.8Industry median1.5
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.7.4
At or below today's level on 57% of 1,837 trading days since May 2019.
LowestHighest
Its median6.6Industry median9.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 14% of 2,480 trading days over the last 10 years.
LowestHighest
Its median4.74%Industry median0.37%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +25.4% | +1.1% | +21.6% | 2.4% |
| 3 years | +44.2% | −8.8% | +55.2% | 2.7% |
| 5 years | +46.6% | +13.4% | +25.3% | 4.4% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2021.
Mutual funds holding it
218 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 106 of the 128 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 9
- AddedAdded. Funds that held more shares than at the end of the month before.
- 64
- CutCut. Funds that held fewer shares than at the end of the month before.
- 64
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 80
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 CPSE ETFNippon India Mutual Fund | 1,53,68,326 | 3.70% | ₹689.5 Cr |
 DSP Large & Mid Cap FundDSP Mutual Fund | 59,11,604 | 1.53% | ₹265.2 Cr |
 ICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund | 54,74,298 | 3.06% | ₹245.6 Cr |
| ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 50,73,377 | 0.45% | ₹227.6 Cr |
| DSP Midcap FundDSP Mutual Fund | 49,13,830 | 1.13% | ₹220.5 Cr |
 Kotak Multi Asset Allocation FundKotak Mahindra Mutual Fund | 48,30,162 | 1.42% | ₹216.7 Cr |
 Tata Value FundTata Mutual Fund | 45,00,000 | 2.45% | ₹201.9 Cr |
 Bandhan Large & Mid Cap FundBandhan Mutual Fund | 41,82,448 | 0.91% | ₹187.6 Cr |
 Mahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund | 41,00,330 | 2.47% | ₹184.0 Cr |
| ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 37,34,792 | 0.46% | ₹167.6 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Oil, 22 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Oil India in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Oil & Natural Gas CorporationONGC | 2,86,201 | 6.6 | 0.8 | 4.3 | +7.0% | +20.8% | 12.2% | 10.0% | 5.82% |
 Aegis Vopak TerminalsAEGISVOPAK | 26,891 | – | 6.3 | 44.7 | – | – | – | 6.6% | 0.08% |
 Vedanta Oil and GasVOGL | 10,625 | – | – | – | – | – | – | – | 0.00% |
 Deep IndustriesDEEPINDS | 4,314 | 20.9 | 2.2 | 11.7 | +48.8% | – | 10.8% | 13.8% | 0.37% |
 Antelopus Selan EnergyANTELOPUS | 4,010 | 30.2 | 6.1 | 17.7 | +46.5% | +98.0% | 23.6% | 27.6% | 0.00% |
 Prabha EnergyPRABHA | 2,557 | 2,329.6 | – | – | – | – | 0.3% | −0.1% | 0.00% |
 Dolphin Offshore Enterprises (India)DOLPHIN | 2,216 | 30.8 | 6.3 | 29.4 | +73.9% | +43.3% | 23.0% | 11.5% | 0.00% |
 Hindustan Oil Exploration CompanyHINDOILEXP | 2,118 | 84.4 | 1.5 | 29.7 | −17.8% | −83.2% | 1.9% | −0.1% | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹13.33 a share, year to Mar 2023.
| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.00 |
| 18 Feb 2026 | Interim | ₹7.00 |
| 21 Nov 2025 | Interim | ₹3.50 |
| 4 Sep 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.50 |
| 17 Feb 2025 | Interim | ₹7.00 |
| 14 Nov 2024 | Interim | ₹3.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
21 Oct · General Updates
Sep 2026
30 Sep · General Updates
Oil India share price by year
Each calendar year to 2025.Oil India share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 424.35 | −1.5% | 491.70 | 341.65 |
| 2024 | 430.75 | +73.6% | 741.00 | 243.20 |
| 2023 | 248.10 | +78.7% | 255.13 | 138.60 |
| 2022 | 138.80 | +4.7% | 200.13 | 113.07 |
| 2021 | 132.60 | +85.2% | 173.47 | 72.47 |
| 2020 | 71.60 | −29.8% | 105.53 | 46.90 |
| 2019 | 102.03 | −12.4% | 123.63 | 94.90 |
| 2018 | 116.53 | −29.4% | 170.91 | 113.83 |
| 2017 | 165.11 | +9.6% | 167.09 | 115.38 |
| 2016 | 150.70 | +18.0% | 150.70 | 100.48 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 458.00 | 458.65 | 445.60 | 447.85 | 449.46 | 18,20,270 | 40.5% |
| 22 Oct 2026 | 451.00 | 456.90 | 449.00 | 456.90 | 452.07 | 9,05,651 | 41.3% |
| 21 Oct 2026 | 452.80 | 454.00 | 447.00 | 454.00 | 450.66 | 13,83,257 | 49.3% |
| 19 Oct 2026 | 447.20 | 451.25 | 444.90 | 449.00 | 449.00 | 9,25,310 | 43.9% |
| 16 Oct 2026 | 445.40 | 448.25 | 441.55 | 445.00 | 445.60 | 6,24,878 | 56.7% |
| 15 Oct 2026 | 447.75 | 449.70 | 443.00 | 445.40 | 446.20 | 4,72,736 | 45.8% |
| 14 Oct 2026 | 445.85 | 452.30 | 442.70 | 447.75 | 448.73 | 24,08,222 | 58.3% |
| 13 Oct 2026 | 444.00 | 445.00 | 440.50 | 445.00 | 443.53 | 11,25,199 | 58.5% |
| 12 Oct 2026 | 444.00 | 448.45 | 441.00 | 441.55 | 444.38 | 10,29,528 | 59.7% |
| 9 Oct 2026 | 444.00 | 448.15 | 441.45 | 443.50 | 443.96 | 6,25,338 | 45.4% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 2 Jul 2024 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 27 Mar 2018 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 12 Jan 2017 | Bonus | 0.7500 | Holders received 1 bonus share for every 3 held. |
| 29 Mar 2012 | Bonus | 0.4000 | Holders received 3 bonus shares for every 2 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
About Oil India
Oil India Limited explores for and produces crude oil and natural gas in India. It is headquartered at Duliajan in Assam. Besides production, it transports crude oil and petroleum products by pipeline, is linked to refining, and takes part in city gas networks.
The business follows the oil and gas chain. Upstream, it drills wells and deploys 28 drilling rigs, including rigs working offshore in the Andaman, Krishna-Godavari and Kerala-Konkan basins. Midstream, it operates a crude oil pipeline and the Numaligarh-Siliguri Product Pipeline, which carries petroleum products. Downstream, it is connected to refining through Numaligarh Refinery Limited. OIL Green Energy Limited holds its renewable energy and compressed biogas activities, and city gas distribution runs through joint ventures such as HPOIL Gas and Purba Bharati Gas.
Its exploration portfolio spans 1,06,481 sq. km. Onshore, it works in states including Assam, Nagaland, Meghalaya, Odisha, Andhra Pradesh and Gujarat. Offshore, it explores the Andaman, Kerala-Konkan, Krishna-Godavari and Mahanadi basins. Overseas, it holds interests in six projects across five countries: Venezuela, Russia, Nigeria, Mozambique and Libya.
It was incorporated in 1959 as a joint venture between Burmah Oil and the Government of India. The Government of India is its promoter. A promoter is the person or group that set up a company or controls it. The company is a Maharatna central public sector enterprise under the Government of India.
- Legal name
- Oil India Limited
- NSE symbol
- OIL
- BSE code
- 533106
- ISIN
- INE274J01014
- Industry
- Oil
- Listed
- Sep 2009
- Face value
- ₹10
- CIN
- L11101AS1959GOI001148
- Corporate identity number, the registrar of companies' code for it
In Nifty 200, BSE 200, Nifty 500, BSE 500, Nifty Midcap 150, BSE 150 MidCap Index