| Revenue growth | H1 standalone operating revenue reached ₹16,029 Cr. |
|---|---|
| Margins | EBITDA margin rose to 48.58% from 34.32% YoY. |
| Demand visibility | Strong outlook for crude; gas constrained by connectivity issues. |
| Management confidence | Extremely high, citing robustness of model and record H1 performance. |
Growth
H1 revenue reached ₹16,029 Cr; EBITDA margins expanded significantly to 48.58% due to higher realized prices and volume growth.
Outlook
Targeting 4 million metric tons crude production in FY27, with gas ramp-up to 5 BCM over 2-3 years.
Risks
Massive dry well provisions (₹1,408 Cr for Vijaypuram-1) and high operational intensity in complex deep-drilling formations.
Last quarter's promises, checked
Partly delivered
- 1 MMT/qtr, ≥3.9 MMT FY27 → H1 crude +20% YoY, 4.0 MMT held (= PARTIAL)
- 5 BCM from FY28-29 Q1 → now '2–3 years', connectivity constrained (= PARTIAL)
- NRL CDU/VDU start Q1 FY27 → 'expansion ongoing' (= PARTIAL)
Missed
- V1: fate call Sep, ~₹1,000–1,050 Cr spent → ₹1,408 Cr dry-well provision (= MISS)
- 200m DNPL link in 2–3 mo → PESO approvals still pending (= MISS)
- FY27 budget ₹8,600 Cr → ₹13,500–14,000 Cr upstream capex (= MISS; basis differs)
Earnings Call Transcript filed with NSE, NSE: OIL. Summary written with AI assistance from the document.
Oil India Ltd: key numbers
- Share price
- ₹444.30
- Market cap
- ₹72,270 Cr
- Revenue (annual)
- ₹33,946 Cr
- Net profit (annual)
- ₹6,620 Cr
- P/E (TTM)
- 7.8×Sector 17.6×
- Promoter holding
- 56.66%+0.00% QoQ
- FII holding
- 7.15%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Oil India Ltd
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- Key figure
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