Oil India Share Price: Oil India Limited (OIL) is a leading entity in the energy sector, operating within the oil and gas exploration and production (E&P) industry. The company trades on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This article presents a comprehensive analysis of OIL share price targets for 2024, 2025, 2026 and 2030.
We analyze OIL stock prices using past performance and market trends. Oil India Limited has demonstrated consistent growth due to its strong presence in the energy sector. External factors such as global oil demand and economic policies play a key role. These elements shape its future price trajectory until 2030.
Oil India Company Overview
| Company Name | Oil India Ltd. |
| Founded | 1959 |
| Headquarters | Noida |
| Industry | Oil and Gas |
| Owner | The Government of India |
| Stock Exchange Listing | NSE & BSE |
| Official Website | oil-india.com |
Oil India Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹77,060.54 Cr. |
| ROE | 14.15% |
| ROCE | 14.86% |
| P/E | 11.15 |
| P/B | 1.62 |
| Div. Yield | 3.06% |
| Book Value | ₹292.87 |
| Face Value | ₹10 |
| EPS (TTM) | ₹42.51 |
| 52 Week High | ₹767.30 |
| 52 Week Low | ₹206 |
Also Read: Swan Energy Share Price Target
Oil India Financials
Income Statement
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Revenue | 324.91B | -10.02% |
| Operating expense | 142.81B | 3.92% |
| Net income | 63.35B | -27.42% |
| Net profit margin | 19.50 | -19.32% |
| Earnings per share | 50.42 | 20.44% |
| EBITDA | 131.30B | -20.56% |
| Effective tax rate | 21.09% | — |
Balance Sheet
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Cash and short-term investments | 67.96B | 76.47% |
| Total assets | 921.53B | 24.73% |
| Total liabilities | 395.27B | 23.41% |
| Total equity | 526.26B | — |
| Shares outstanding | 1.63B | — |
| Price to book | 1.65 | — |
| Return on assets | 7.96% | — |
| Return on Capital | 9.62% | — |
Cash Flow
| (INR) | 2024 | Y/Y Change |
|---|---|---|
| Net income | 63.35B | -27.42% |
| Cash from operations | 109.33B | -4.18% |
| Cash from investing | -126.01B | -38.00% |
| Cash from financing | 16.37B | 164.93% |
| Net change in cash | -303.70M | 87.39% |
| Free cash flow | -8.55B | -168.94% |
Also Read: HEG Share Price Target
Oil India Share Price Target From 2024 to 2030
| Year | Target Price |
|---|---|
| Oil India Share Price Target 2024 | ₹511 |
| Oil India Share Price Target 2025 | ₹665 |
| Oil India Share Price Target 2026 | ₹894 |
| Oil India Share Price Target 2027 | ₹1179 |
| Oil India Share Price Target 2028 | ₹1560 |
| Oil India Share Price Target 2029 | ₹2180 |
| Oil India Share Price Target 2030 | ₹2892 |
Oil India Shareholding Pattern
- Retail & Other: 16.33%
- Promoters: 56.66%
- Foreign Institution: 10.58%
- Mutual Funds: 7.60%
- Other Domestic Institutions: 8.84%
Also Read: Ashirwad Capital Share Price Target
Oil India Competitors/Peer Companies
- Deep Industries Limited
- Oil and Natural Gas Corporation (ONGC)
- Dolphin Offshore Enterprises
- Hindustan Oil Exploration Company (HOEC)
- Selan Exploration Technology
- Gujarat Natural Resources Limited (GNRL)
- Asian Energy Services
- Aakash Exploration Services
- Aban Offshore Limited
Also Read: Suprajit Engineering Share Price Target
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FAQs
-
Is Oil India a good share to buy?
Yes.
-
Is Oil India overvalued or undervalued?
Undervalued.
-
Is Oil India Limited a Government company?
Yes.
Disclaimer: The information in this blog is for educational purposes only, and the targets mentioned in it are given as suggestions by market analysts. Therefore, before investing your money in any company, it is mandatory to get complete information about the company and consult your financial advisor.
