Sign in to fuzzto save your conversations, follow your research and come back anytime.
Oil India
SectorEnergy
Oil India Limited (OIL) is a Navratna PSU and the second largest national oil and gas company in India. It is engaged in exploration, development, production, transportation of crude oil and natural gas, and production of LPG. OIL operates in multiple states across India and has overseas interests in countries like Libya, Gabon, Nigeria, USA, Mozambique, Russia and Bangladesh. The company has a stake in Numaligarh Refinery Limited and Brahmaputra Cracker and Polymer Limited. OIL owns and operates a 1157 km automated crude oil pipeline and is involved in renewable energy projects. The Indian government holds 56.66% of OIL's equity. The company has made several oil and gas discoveries, acquired new exploration blocks, and is pursuing initiatives in green hydrogen and city gas distribution networks.
In the news
India's Gas Pricing Puzzle: How $9.89 vs $7.00/MMBtu Reshapes Energy Economics
Oil India plans ₹15,000 cr offshore investment over 3 years
Oil India vs ONGC: $100+ crude creates mixed fortunes
Oil stocks surge 3% as Brent crude nears $110 amid Iran-Saudi tensions
OMC stocks fall 3% as Brent crude nears $120/barrel amid Middle East tensions
Oil Sector Dynamics: How $100 Crude Reshapes India's Energy Stocks
SC allows Oil India to challenge ERD project rejection in Assam
Oil India subsidiary signs MoUs for 4 waste-to-energy plants with 5,000 TPD capacity
Oil India Share Price Target Raised to ₹600 by ICICI Securities
Gulf Oil Q1 Results Drive Multiple Brokerage Target Price Hikes
ONGC Q1 FY27 profit surges 112% to ₹17,034 crore on record PBT
Crude Oil Surge: Why Upstream Wins While Downstream Bleeds
Gandhar Oil Q1 profit surges 689% to ₹206 cr, hits 20% upper circuit
ONGC-bp Expand Partnership with Western Offshore Basin Deal
Gulf Oil Lubricants launches B2B brand campaign 'Dream Beyond' Do Beyond'
Oil India's Andaman Offshore Gamble Pays Off
Gulf Oil Lubricants Q4 PAT drops 3.46% to ₹85.59 cr despite 10.76% revenue growth
ONGC shares rise 0.28% for fifth straight session
India's Royalty Revolution: How Oil India and ONGC Are Positioned Differently
India's Oil Exploration Crisis: Why $4.36 Billion Failed to Boost Production
The Quarter story
The two most recent quarterly results, compared side-by-side.
Oil India delivers strong profit growth on higher crude prices and refining margins, while natural gas output faces steady decline.
Consolidated revenue grows from ₹8,750 Cr in Q1 FY26 to ₹12,886 Cr in Q1 FY27, driven by higher volumes and prices.
Natural gas output falls from 0.83 MMTOE in Q1 FY26 to 0.757 MMTOE in Q1 FY27, indicating field depletion.
Crude realized price jumps from $62.8 in Q3 FY26 to $98.7 in Q1 FY27, boosting segment margins.
Market capitalization retreats from ₹79 in Q3 FY26 to ₹72 in Q1 FY27, showing investor consolidation despite strong earnings.
Gross refining margin expands from $5.02 in Q1 FY26 to $35.95 in Q1 FY27, reflecting stronger downstream economics.
Consolidated EBITDA more than doubles from ₹2,943 Cr in Q3 FY26 to ₹6,322 Cr in Q1 FY27, highlighting robust cash generation.
Pipeline revenue grows steadily from ₹157 Cr in Q1 FY26 to ₹184 Cr in Q1 FY27, reflecting consistent tariff collections.
Company insights, generated from the most recent coverage.
Oil India cannot monetise its new-well gas premium without evacuation infrastructure — the 3.5 MMSCMD feeder line to IGGL (FY28) and DNPL expansion from 1.2 to 2.5 MMSCMD are the gating items on realising better pricing.
Deepwater wells cost Oil India about ₹1,200 crore versus ₹800 crore in shallow water — a 50% step-up that quantifies exactly why difficult-field gas needs a separate, higher price formula.
Oil India's natural gas lifting cost of roughly $40/MMBtu sits far above any administered price — its domestic gas is structurally loss-making and only economic when allocated at market or linked rates.