Oil India (OIL)₹439.00−1.24%Oil Exploration & Production
In the Jun 2026 quarter (consolidated), Oil India reported sales of ₹12,479 Cr, up 57.7% from Jun 2025, and net profit of ₹4,039 Cr, up 96.7% year on year. For the year to Mar 2026, sales were ₹33,870 Cr and net profit ₹7,568 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,487 | 9,596 | 9,132 | 8,109 | 7,231 | 8,326 | 8,799 | 7,915 | 8,384 | 8,322 | 9,272 | 12,479 |
| Expenses | 4,024 | 6,168 | 5,889 | 4,979 | 4,711 | 5,792 | 6,220 | 5,576 | 6,091 | 6,040 | 6,007 | 6,709 |
| Operating Profit | 3,477 | 3,453 | 3,270 | 3,150 | 2,542 | 2,549 | 2,596 | 2,358 | 2,308 | 2,294 | 3,289 | 5,810 |
| OPM % | 46.0% | 36.1% | 36.1% | 39.1% | 35.1% | 30.1% | 29.0% | 30.1% | 27.1% | 27.1% | 35.1% | 46.1% |
| Other Income | −1,977 | 634 | 576 | 354 | 974 | 301 | 381 | 978 | 719 | 656 | 917 | 528 |
| Interest | 278 | 235 | 233 | 241 | 279 | 303 | 243 | 198 | 304 | 318 | 379 | 301 |
| Depreciation | 500 | 577 | 577 | 554 | 609 | 626 | 534 | 628 | 672 | 716 | 700 | 699 |
| Profit before tax | 706 | 3,255 | 3,022 | 2,694 | 2,620 | 1,912 | 2,189 | 2,498 | 2,042 | 1,905 | 3,112 | 5,312 |
| Tax % | 10.0% | 20.0% | 23.0% | 25.0% | 21.0% | 24.0% | 32.0% | 18.0% | 20.0% | 25.0% | 22.0% | 24.0% |
| Exceptional items | −1,591 | −0.99 | 6.98 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 641 | 2,615 | 2,339 | 2,020 | 2,074 | 1,461 | 1,500 | 2,053 | 1,650 | 1,439 | 2,429 | 4,039 |
| EPS (Rs) | 2.60 | 14.44 | 13.15 | 11.60 | 12.39 | 8.22 | 8.04 | 11.67 | 8.79 | 7.34 | 12.90 | 22.33 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,805 | 9,546 | 10,681 | 13,749 | 18,577 | 17,575 | 25,866 | 36,015 | 31,696 | 31,672 | 33,870 | 38,457 |
| Expenses | 6,230 | 6,442 | 6,765 | 8,189 | 13,302 | 11,924 | 15,406 | 20,812 | 19,255 | 20,545 | 23,480 | 24,847 |
| Operating Profit | 3,597 | 3,131 | 3,940 | 5,605 | 5,326 | 5,705 | 10,535 | 15,292 | 12,538 | 11,192 | 10,471 | 13,700 |
| OPM % | 37.0% | 33.0% | 37.1% | 41.1% | 29.1% | 32.1% | 41.1% | 42.1% | 39.1% | 35.0% | 31.1% | 35.6% |
| Other Income | 1,194 | 791 | 1,808 | 1,248 | 2,142 | 1,183 | 1,252 | 735 | −564 | 1,661 | 3,047 | 2,821 |
| Interest | 387 | 440 | 552 | 622 | 644 | 658 | 937 | 898 | 960 | 1,065 | 1,199 | 1,302 |
| Depreciation | 1,072 | 1,183 | 1,329 | 1,545 | 1,789 | 1,849 | 1,827 | 1,952 | 2,133 | 2,324 | 2,717 | 2,788 |
| Profit before tax | 3,317 | 2,286 | 3,852 | 4,662 | 5,014 | 4,361 | 8,965 | 13,100 | 8,829 | 9,419 | 9,561 | 12,371 |
| Tax % | 37.0% | 30.0% | 29.0% | 31.0% | 0.0% | 5.0% | 25.0% | 25.0% | 21.0% | 25.0% | 21.0% | — |
| Exceptional items | −135 | −799 | 0.00 | −708 | −178 | −298 | 119 | 20.93 | −1,630 | 49.83 | 0.00 | 0.00 |
| Net Profit | 2,086 | 1,600 | 2,741 | 3,246 | 5,021 | 4,160 | 6,738 | 9,876 | 6,997 | 7,055 | 7,568 | 9,557 |
| EPS (Rs) | 11.52 | 8.86 | 16.07 | 19.90 | 28.89 | 21.70 | 34.55 | 53.65 | 38.94 | 40.24 | 40.67 | 51.36 |
| Dividend payout % | 46.0% | 72.0% | 42.0% | 34.0% | 24.0% | 15.0% | 27.0% | 25.0% | 25.0% | 29.0% | 28.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 603 | 602 | 804 | 759 | 1,087 | 1,087 | 1,087 | 1,088 | 1,087 | 1,088 | 1,632 | 1,631 |
| Reserves | 20,932 | 24,632 | 28,761 | 28,319 | 27,934 | 22,182 | 22,641 | 29,554 | 37,492 | 47,369 | 48,256 | 56,517 |
| Borrowings | 9,057 | 9,717 | 14,176 | 12,315 | 15,102 | 12,736 | 19,720 | 16,703 | 18,823 | 24,022 | 30,651 | 37,440 |
| Other Liabilities | 6,518 | 5,318 | 7,636 | 7,358 | 8,442 | 21,002 | 12,134 | 13,852 | 16,842 | 20,101 | 24,340 | 28,372 |
| Total Liabilities | 37,109 | 40,269 | 51,376 | 48,751 | 52,565 | 57,009 | 55,582 | 61,197 | 74,244 | 92,581 | 1,04,879 | 1,23,959 |
| Fixed Assets | 12,648 | 8,661 | 10,529 | 12,290 | 12,456 | 15,933 | 15,951 | 16,779 | 18,060 | 20,479 | 23,600 | 28,198 |
| CWIP | 3,763 | 1,813 | 1,897 | 990 | 1,269 | 2,370 | 3,173 | 5,910 | 11,970 | 20,064 | 29,548 | 37,700 |
| Investments | 5,586 | 15,091 | 27,544 | 26,716 | 26,515 | 25,797 | 24,075 | 27,181 | 27,992 | 34,549 | 31,682 | 36,914 |
| Other Assets | 15,113 | 14,703 | 11,406 | 8,756 | 12,326 | 12,908 | 12,382 | 11,326 | 16,222 | 17,489 | 20,049 | 21,146 |
| Inventories | 1,110 | 1,055 | 1,168 | 1,157 | 1,307 | 3,271 | 3,468 | 4,232 | 5,415 | 4,835 | 5,429 | 5,488 |
| Trade receivables | 2,378 | 1,325 | 1,008 | 1,411 | 1,314 | 1,497 | 1,851 | 1,743 | 2,393 | 3,325 | 3,274 | 4,513 |
| Cash & equivalents | 8,791 | 9,991 | 6,652 | 3,310 | 6,393 | 4,213 | 1,582 | 1,545 | 3,445 | 5,918 | 7,167 | 5,590 |
| Total Assets | 37,109 | 40,269 | 51,376 | 48,751 | 52,565 | 57,009 | 55,582 | 61,197 | 74,244 | 92,581 | 1,04,879 | 1,23,959 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 1,759 | 3,607 | 3,122 | 3,941 | 5,040 | 6,510 | 5,246 | 9,339 | 11,435 | 10,957 | 11,360 | 10,719 |
| Cash from investing activity | −1,996 | −2,681 | −5,877 | 1,780 | −579 | −2,210 | −8,534 | −4,196 | −9,147 | −12,629 | −13,547 | −10,394 |
| Cash from financing activity | −2,608 | −873 | 2,764 | −5,711 | −942 | −7,346 | 3,712 | −5,629 | −2,526 | 1,642 | 2,491 | 410 |
| Net cash flow | −2,847 | 49.07 | 7.02 | 12.02 | 3,510 | −3,052 | 421 | −499 | −241 | −30.06 | 302 | 713 |
| Capex | 3,005 | 2,617 | 2,875 | 2,672 | 2,505 | 3,316 | 3,136 | 5,985 | 8,547 | 12,099 | 13,006 | 8,585 |
| Free cash flow | −1,246 | 987 | 248 | 1,268 | 2,525 | 3,188 | 2,111 | 3,347 | 2,890 | −1,130 | −1,640 | 2,129 |
| CFO / OP % | 80.0% | 125.0% | 119.0% | 111.0% | 108.0% | 139.0% | 93.0% | 99.0% | 97.0% | 109.0% | 120.0% | 125.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 87 | 49 | 39 | 48 | 35 | 29 | 38 | 25 | 24 | 38 | 38 | 49 |
| Inventory days | — | — | — | — | — | 333 | 350 | 286 | 244 | 238 | 264 | 301 |
| Days payable | — | — | — | — | — | 104 | 139 | 114 | 82 | 83 | 111 | 183 |
| Cash conversion cycle | 87 | 49 | 39 | 48 | 35 | 257 | 249 | 196 | 185 | 192 | 190 | 165 |
| Working capital days | 30 | 44 | −169 | 9 | −78 | −142 | −46 | 20 | 23 | −49 | −47 | −45 |
| ROCE % | 13.0% | 12.0% | 10.0% | 10.0% | 15.0% | 15.0% | 13.0% | 21.0% | 25.0% | 18.0% | 13.0% | 12.0% |
For the Jun 2026 quarter, Oil India reported sales of ₹12,479 Cr, up 57.7% year on year and net profit of ₹4,039 Cr, up 96.7% year on year. The operating margin was 46.1%.
Oil India's sales for the year to Mar 2026 were ₹33,870 Cr; over the last twelve months they were ₹38,457 Cr.
Net profit for the year to Mar 2026 was ₹7,568 Cr, and ₹9,557 Cr over the last twelve months. Earnings per share over the same trailing period were ₹51.36.
Oil India reported borrowings of ₹37,440 Cr at Mar 2026, against cash and equivalents of ₹5,590 Cr.
Cash from operations was ₹10,719 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹2,129 Cr.