Share Price and Basic Stock Data

Last Updated: December 3, 2024, 9:34 pm

Market Cap	79,744 Cr.
Current Price	490
High / Low	768/206
Stock P/E	9.51
Book Value	324
Dividend Yield	2.14 %
ROCE	17.7 %
ROE	18.0 %
Face Value	10.0
PEG Ratio	0.68

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Oil India Ltd

Competitors of Oil India Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Natural Resources Ltd	202 Cr.	19.7	24.3/9.92		8.53	0.00 %	1.12 %	3.49 %	10.0
Dolphin Offshore Enterprises (India) Ltd	2,200 Cr.	549	949/91.6	101	60.6	0.00 %	0.97 %	3.22 %	1.00
Deep Energy Resources Ltd	999 Cr.	312	348/150	694	121	0.00 %	0.39 %	0.35 %	10.0
Selan Explorations Technology Ltd	1,321 Cr.	869	1,100/404	22.8	286	0.00 %	12.3 %	8.70 %	10.0
Oil India Ltd	79,744 Cr.	490	768/206	9.51	324	2.14 %	17.7 %	18.0 %	10.0
Industry Average	35,942.33 Cr	600.71		95.19	582.42	0.85%	9.77%	8.67%	6.58

All Competitor Stocks of Oil India Ltd

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	6,202	7,254	6,783	8,870	10,678	8,259	9,302	7,852	6,208	7,497	9,614	9,147	8,120
Expenses	4,044	4,940	4,585	5,422	5,804	5,555	5,394	4,549	3,932	4,027	6,171	5,886	4,978
Operating Profit	2,158	2,314	2,198	3,448	4,874	2,703	3,908	3,303	2,277	3,469	3,443	3,261	3,142
OPM %	35%	32%	32%	39%	46%	33%	42%	42%	37%	46%	36%	36%	39%
Other Income	253	267	692	425	171	727	132	173	259	-1,983	635	578	355
Interest	260	226	213	241	244	258	246	153	214	279	236	234	242
Depreciation	472	499	543	310	468	511	530	438	478	499	576	576	553
Profit before tax	1,678	1,857	2,134	3,321	4,333	2,662	3,264	2,885	1,843	708	3,266	3,028	2,701
Tax %	28%	22%	29%	24%	25%	21%	23%	31%	24%	10%	20%	23%	25%
Net Profit	1,215	1,454	1,523	2,527	3,230	2,116	2,529	1,980	1,399	640	2,608	2,333	2,016
EPS in Rs	6.48	7.08	7.98	13.02	17.25	11.66	14.04	10.71	8.77	2.59	14.43	13.16	11.59

Last Updated: September 19, 2024, 2:53 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 19, 2024, 2:53 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	9,968	9,690	9,978	9,821	9,566	10,698	13,780	18,612	17,616	25,906	36,084	31,749	34,378
Expenses	5,359	6,044	6,346	6,235	6,446	6,770	8,190	13,297	11,928	15,405	20,829	19,245	21,062
Operating Profit	4,609	3,646	3,633	3,586	3,120	3,928	5,591	5,315	5,689	10,500	15,255	12,504	13,316
OPM %	46%	38%	36%	37%	33%	37%	41%	29%	32%	41%	42%	39%	39%
Other Income	1,530	1,589	1,258	1,198	793	1,812	1,251	2,147	1,185	1,254	737	-566	-415
Interest	3	71	349	389	441	554	624	647	660	940	901	964	991
Depreciation	848	822	865	1,070	1,180	1,327	1,541	1,786	1,844	1,824	1,947	2,129	2,205
Profit before tax	5,288	4,342	3,677	3,324	2,292	3,859	4,677	5,030	4,369	8,990	13,144	8,846	9,704
Tax %	32%	33%	32%	37%	30%	29%	31%	0%	5%	25%	25%	21%
Net Profit	3,592	2,990	2,608	2,080	1,597	2,735	3,238	5,005	4,146	6,719	9,854	6,980	7,597
EPS in Rs	19.92	16.58	14.46	11.53	8.85	16.06	19.91	28.90	21.69	34.56	53.66	38.95	41.77
Dividend Payout %	50%	43%	46%	46%	72%	42%	34%	24%	15%	27%	25%	25%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-16.76%	-12.78%	-20.25%	-23.22%	71.26%	18.39%	54.57%	-17.16%	62.06%	46.66%	-29.17%
Change in YoY Net Profit Growth (%)	0.00%	3.98%	-7.47%	-2.98%	94.48%	-52.87%	36.18%	-71.73%	79.22%	-15.40%	-75.82%

Oil India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	18%
3 Years:	22%
TTM:	11%

Compounded Profit Growth
10 Years:	10%
5 Years:	15%
3 Years:	27%
TTM:	22%

Stock Price CAGR
10 Years:	10%
5 Years:	36%
3 Years:	50%
1 Year:	124%

Return on Equity
10 Years:	16%
5 Years:	20%
3 Years:	21%
Last Year:	18%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:57 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	601	601	601	601	802	757	1,084	1,084	1,084	1,084	1,084	1,084	1,627
Reserves	18,648	20,080	20,900	24,577	28,718	28,273	27,890	22,126	22,582	29,478	37,397	47,255	51,050
Borrowings	1,261	10,146	9,070	9,722	14,184	12,329	15,114	12,743	19,718	16,721	18,832	24,040	27,821
Other Liabilities	4,567	4,571	6,549	5,344	7,600	7,353	8,430	20,981	12,151	13,846	16,866	20,114	21,375
Total Liabilities	25,077	35,398	37,120	40,244	51,303	48,712	52,518	56,936	55,535	61,129	74,179	92,494	101,873
Fixed Assets	1,202	6,475	7,251	2,813	3,827	5,121	5,236	8,294	6,097	6,185	8,321	9,318	19,308
CWIP	1,889	2,816	3,755	1,812	1,894	988	1,267	2,368	3,171	5,900	11,953	20,028	24,768
Investments	1,888	5,223	5,573	15,052	27,461	26,657	26,451	25,718	24,010	27,099	27,924	34,437	36,597
Other Assets	20,098	20,884	20,541	20,566	18,121	15,946	19,563	20,555	22,258	21,944	25,981	28,711	21,200
Total Assets	25,077	35,398	37,120	40,244	51,303	48,712	52,518	56,936	55,535	61,129	74,179	92,494	101,873

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	1,436	2,616	1,754	3,597	3,114	3,933	5,023	6,493	5,235	9,310	11,410	10,933
Cash from Investing Activity +	451	-10,064	-1,992	-2,677	-5,865	1,778	-578	-2,207	-8,517	-4,192	-9,130	-12,601
Cash from Financing Activity +	-687	6,972	-2,603	-871	2,758	-5,698	-940	-7,331	3,702	-5,615	-2,521	1,637
Net Cash Flow	1,201	-477	-2,841	49	7	12	3,504	-3,045	420	-498	-241	-30

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	3.00	-7.00	-6.00	-6.00	-11.00	-9.00	-10.00	-7.00	-14.00	-6.00	-3.00	-12.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	33	18	87	49	39	48	35	29	38	25	24	38
Inventory Days								333	350	286	244	238
Days Payable								105	140	115	83	84
Cash Conversion Cycle	33	18	87	49	39	48	35	257	249	196	185	192
Working Capital Days	20	45	55	67	32	10	-77	-139	47	24	28	4
ROCE %	28%	17%	13%	12%	10%	10%	15%	15%	13%	21%	25%	18%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%	56.66%
FIIs	10.11%	11.23%	12.42%	11.78%	11.52%	11.41%	11.03%	11.26%	10.99%	9.52%	9.34%	10.58%
DIIs	17.91%	16.84%	15.53%	15.37%	16.04%	16.26%	16.36%	15.89%	15.98%	17.66%	17.91%	16.43%
Government	0.00%	0.00%	0.00%	9.87%	9.87%	9.87%	9.87%	9.87%	9.87%	9.87%	9.87%	9.87%
Public	15.33%	15.27%	15.39%	6.32%	5.91%	5.81%	6.11%	6.32%	6.51%	6.30%	6.23%	6.46%
No. of Shareholders	1,99,448	2,19,767	2,30,390	2,48,457	2,32,636	2,27,926	2,25,992	2,37,239	2,82,349	3,37,708	3,62,818	4,74,738

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India CPSE ETF	31,648,980	5.09	2345.19	31,648,980	2024-12-01	0%
Kotak Emerging Equity Fund - Regular Plan	15,215,126	2.19	1127.44	31,648,980	2024-12-01	-51.93%
DSP Mid Cap Fund	4,977,903	1.84	368.86	31,648,980	2024-12-01	-84.27%
DSP ELSS Tax Saver Fund	4,475,366	1.9	331.62	31,648,980	2024-12-01	-85.86%
Axis ELSS Tax Saver Fund	4,081,200	0.79	302.42	31,648,980	2024-12-01	-87.1%
DSP Equity Opportunities Fund	4,050,354	2.11	300.13	31,648,980	2024-12-01	-87.2%
UTI Mid Cap Fund	3,415,877	2	253.12	31,648,980	2024-12-01	-89.21%
DSP Flexi Cap Fund	2,688,714	1.64	199.23	31,648,980	2024-12-01	-91.5%
Tata Equity P/E Fund - Regular Plan	2,295,000	1.88	170.06	31,648,980	2024-12-01	-92.75%
Tata Equity P/E Fund - Regular Plan - Trigger Option A 5%	2,295,000	1.88	170.06	31,648,980	2024-12-01	-92.75%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	58.42	80.49	51.84	32.53	43.35
Diluted EPS (Rs.)	58.42	80.49	51.84	32.53	43.35
Cash EPS (Rs.)	79.79	108.79	77.75	50.37	52.88
Book Value[Excl.RevalReserv]/Share (Rs.)	485.29	385.95	305.94	228.79	223.90
Book Value[Incl.RevalReserv]/Share (Rs.)	485.29	385.95	305.94	228.79	223.90
Revenue From Operations / Share (Rs.)	299.39	332.88	238.89	162.57	190.33
PBDIT / Share (Rs.)	127.69	147.43	107.37	62.65	61.19
PBIT / Share (Rs.)	108.06	129.47	90.54	45.65	44.72
PBT / Share (Rs.)	77.36	121.17	81.87	35.41	36.64
Net Profit / Share (Rs.)	60.16	90.83	60.93	33.36	36.41
NP After MI And SOA / Share (Rs.)	58.42	80.49	51.84	32.53	43.35
PBDIT Margin (%)	42.65	44.28	44.94	38.53	32.14
PBIT Margin (%)	36.09	38.89	37.90	28.07	23.49
PBT Margin (%)	25.83	36.40	34.27	21.78	19.25
Net Profit Margin (%)	20.09	27.28	25.50	20.52	19.13
NP After MI And SOA Margin (%)	19.51	24.18	21.70	20.01	22.77
Return on Networth / Equity (%)	13.10	22.68	18.39	14.90	20.25
Return on Capital Employeed (%)	15.06	21.50	18.17	11.11	11.72
Return On Assets (%)	6.87	11.81	9.24	6.38	8.28
Long Term Debt / Equity (X)	0.39	0.47	0.53	0.63	0.54
Total Debt / Equity (X)	0.48	0.48	0.53	0.81	0.54
Asset Turnover Ratio (%)	0.39	0.37	0.27	0.16	0.25
Current Ratio (X)	1.17	1.66	1.49	0.97	0.83
Quick Ratio (X)	0.85	1.07	0.91	0.67	0.63
Inventory Turnover Ratio (X)	1.23	0.00	0.00	0.00	0.00
Dividend Payout Ratio (NP) (%)	29.95	18.01	20.57	58.02	49.78
Dividend Payout Ratio (CP) (%)	22.41	14.72	15.53	38.10	36.08
Earning Retention Ratio (%)	70.05	81.99	79.43	41.98	50.22
Cash Earning Retention Ratio (%)	77.59	85.28	84.47	61.90	63.92
Interest Coverage Ratio (X)	14.37	17.75	12.38	10.29	10.26
Interest Coverage Ratio (Post Tax) (X)	10.22	11.93	8.03	7.16	7.46
Enterprise Value (Cr.)	87065.08	45749.86	43338.79	32262.84	18550.19
EV / Net Operating Revenue (X)	2.68	1.27	1.67	1.83	0.89
EV / EBITDA (X)	6.29	2.86	3.72	4.75	2.80
MarketCap / Net Operating Revenue (X)	2.00	0.75	0.99	0.75	0.43
Retention Ratios (%)	70.04	81.98	79.42	41.97	50.21
Price / BV (X)	1.35	0.70	0.84	0.56	0.38
Price / Net Operating Revenue (X)	2.00	0.75	0.99	0.75	0.43
EarningsYield	0.09	0.31	0.21	0.26	0.52

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Oil India Ltd as of December 3, 2024 is: 566.49

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 3, 2024, Oil India Ltd is Undervalued by 15.61% compared to the current share price 490.00

Intrinsic Value of Oil India Ltd as of December 3, 2024 is: 645.82

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 3, 2024, Oil India Ltd is Undervalued by 31.80% compared to the current share price 490.00

Last 5 Year EPS CAGR: 14.00%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.42%, which is a positive sign. The stock has a low average Working Capital Days of 9.67, which is a positive sign. The company has higher reserves (29,151.85 cr) compared to borrowings (14,746.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (17.62 cr) and profit (5.46 cr) over the years.	The stock has a high average Cash Conversion Cycle of 115.67, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Oil India Ltd:
1. Net Profit Margin: 20.09%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 15.06% (Industry Average ROCE: 8.96%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.1% (Industry Average ROE: 7.94%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 10.22
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.85
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 9.51 (Industry average Stock P/E: 79.33)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.48
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Oil India Ltd. is a Public Limited Listed company incorporated on 18/02/1959 and has its registered office in the State of Assam, India. Company’s Corporate Identification Number(CIN) is L11101AS1959GOI001148 and registration number is 001148. Currently Company is involved in the business activities of Extraction of crude petroleum. Company’s Total Operating Revenue is Rs. 14529.89 Cr. and Equity Capital is Rs. 1084.41 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Oil Drilling And Exploration	P.O. Duliajan Dibrugarh District Assam 786602	oilindia@oilindia.in http://www.oil-india.com

Management
Name	Position Held
Dr. Ranjit Rath	Chairman & Managing Director
Mr. Pankaj Kumar Goswami	Director - Operations
Ms. Pooja Suri	Independent Director
Mr. Raju Revanakar	Independent Director
Mr. Ashok Das	Additional Director
Mr. Saloma Yomdo	Director
Mr. Rohit Mathur	Government Nominee Director
Mr. George Thomas	Government Nominee Director

FAQ

What is the latest intrinsic value of Oil India Ltd?

The latest intrinsic value of Oil India Ltd as on 03 December 2024 is ₹566.49, which is 15.61% higher than the current market price of ₹490.00. The stock has a market capitalization of 79,744 Cr. and recorded a high/low of ₹768/206 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹51,050 Cr and total liabilities of ₹101,873 Cr.

What is the Market Cap of Oil India Ltd?

The Market Cap of Oil India Ltd is 79,744 Cr..

What is the current Stock Price of Oil India Ltd as on 03 December 2024?

The current stock price of Oil India Ltd as on 03 December 2024 is 490.

What is the High / Low of Oil India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Oil India Ltd stocks is 768/206.

What is the Stock P/E of Oil India Ltd?

The Stock P/E of Oil India Ltd is 9.51.

What is the Book Value of Oil India Ltd?

The Book Value of Oil India Ltd is 324.

What is the Dividend Yield of Oil India Ltd?

The Dividend Yield of Oil India Ltd is 2.14 %.

What is the ROCE of Oil India Ltd?

The ROCE of Oil India Ltd is 17.7 %.

What is the ROE of Oil India Ltd?

The ROE of Oil India Ltd is 18.0 %.

What is the Face Value of Oil India Ltd?

The Face Value of Oil India Ltd is 10.0.