Executive Summary
Oil India Limited explores for, develops, and produces crude oil and natural gas in India and internationally.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of -24.3% per year for the next 3 years
Snowflake Analysis
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has Oil India's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OIL has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
4.7%
OIL
-0.5%
IN Oil and Gas
0.3%
IN Market
1 Year Return
-46.4%
OIL
0.6%
IN Oil and Gas
-11.3%
IN Market
Return vs Industry: OIL underperformed the Indian Oil and Gas industry which returned 0.6% over the past year.
Return vs Market: OIL underperformed the Indian Market which returned -11.3% over the past year.
Shareholder returns
| OIL | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.7% | -0.5% | 0.3% |
| 30 Day | 9.1% | 9.8% | 7.2% |
| 90 Day | 13.0% | 44.2% | 26.2% |
| 1 Year | -42.0%-46.4% | 4.6%0.6% | -9.6%-11.3% |
| 3 Year | -35.2%-46.2% | 38.7%24.2% | -0.3%-5.6% |
| 5 Year | -40.2%-54.9% | 72.4%41.4% | 21.6%10.2% |
Price Volatility Vs. Market
How volatile is Oil India's share price compared to the market and industry in the last 5 years?
Simply Wall St News
19 hours ago | Simply Wall St
Need To Know: Analysts Just Made A Substantial Cut To Their Oil India Limited (NSE:OIL) Estimates3 weeks ago | Simply Wall St
Investors Who Bought Oil India (NSE:OIL) Shares Five Years Ago Are Now Down 61%1 month ago | Simply Wall St
How Much Of Oil India Limited (NSE:OIL) Do Institutions Own?Valuation
Is Oil India undervalued compared to its fair value and its price relative to the market?
2.71x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OIL (₹95.2) is trading above our estimate of fair value (₹20.3)
Significantly Below Fair Value: OIL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OIL is good value based on its PE Ratio (2.7x) compared to the Oil and Gas industry average (14.3x).
PE vs Market: OIL is good value based on its PE Ratio (2.7x) compared to the Indian market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: OIL's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: OIL is good value based on its PB Ratio (0.4x) compared to the IN Oil and Gas industry average (1x).
Next Steps
Future Growth
How is Oil India forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-24.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OIL's earnings are forecast to decline over the next 3 years (-24.3% per year).
Earnings vs Market: OIL's earnings are forecast to decline over the next 3 years (-24.3% per year).
High Growth Earnings: OIL's earnings are forecast to decline over the next 3 years.
Revenue vs Market: OIL's revenue is expected to decline over the next 3 years (-7.6% per year).
High Growth Revenue: OIL's revenue is forecast to decline over the next 3 years (-7.6% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OIL's Return on Equity is forecast to be low in 3 years time (7.9%).
Next Steps
Past Performance
How has Oil India performed over the past 5 years?
7.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OIL has high quality earnings.
Growing Profit Margin: OIL's current net profit margins (31.4%) are higher than last year (23.5%).
Past Earnings Growth Analysis
Earnings Trend: OIL's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: OIL's earnings growth over the past year (17.8%) exceeds its 5-year average (7.7% per year).
Earnings vs Industry: OIL earnings growth over the past year (17.8%) exceeded the Oil and Gas industry -22%.
Return on Equity
High ROE: OIL's Return on Equity (13.2%) is considered low.
Next Steps
Financial Health
How is Oil India's financial position?
Financial Position Analysis
Short Term Liabilities: OIL's short term assets (₹100.0B) exceed its short term liabilities (₹56.7B).
Long Term Liabilities: OIL's short term assets (₹100.0B) do not cover its long term liabilities (₹169.2B).
Debt to Equity History and Analysis
Debt Level: OIL's debt to equity ratio (50.2%) is considered high.
Reducing Debt: OIL's debt to equity ratio has increased from 42.2% to 50.2% over the past 5 years.
Debt Coverage: OIL's debt is well covered by operating cash flow (36.6%).
Interest Coverage: OIL earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Oil India current dividend yield, its reliability and sustainability?
11.13%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OIL's dividend (11.13%) is higher than the bottom 25% of dividend payers in the Indian market (0.7%).
High Dividend: OIL's dividend (11.13%) is in the top 25% of dividend payers in the Indian market (2.92%)
Stability and Growth of Payments
Stable Dividend: OIL's dividend payments have been volatile in the past 10 years.
Growing Dividend: OIL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.1%), OIL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: OIL's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.3yrs
Average management tenure
CEO
Sushil Mishra
0.75
Tenure
Mr. Sushil Chandra Mishra serves as Chairman & Managing Director at Oil India Limited since October 1, 2019.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Human Resources & Business Development and Director | 5.17yrs | ₹8.20m | no data | |
| Director of Exploration & Development and Director | 3.25yrs | ₹6.67m | no data | |
| Chairman & MD | 0.75yr | no data | no data | |
| CFO, Director of Finance & Director | 0.92yr | no data | no data | |
| Director of Operations & Director | 0.083yr | no data | no data | |
| GM, Company Secretary & Compliance Officer | 1.25yrs | no data | no data | |
| Head of CLP | no data | ₹3.91m | no data | |
| Head of Services RP - Jodhpur | no data | no data | no data | |
| Head of Drilling Support | no data | no data | no data | |
| Head of Chemical | no data | no data | no data |
1.3yrs
Average Tenure
64.5yo
Average Age
Experienced Management: OIL's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Human Resources & Business Development and Director | 5.17yrs | ₹8.20m | no data | |
| Director of Exploration & Development and Director | 3.25yrs | ₹6.67m | no data | |
| Chairman & MD | 0.75yr | no data | no data | |
| CFO, Director of Finance & Director | 0.92yr | no data | no data | |
| Director of Operations & Director | 0.083yr | no data | no data | |
| Chief Vigilance Officer & Director | no data | no data | no data | |
| Government Nominee Director | 1.75yrs | no data | no data | |
| Independent Director | 2.83yrs | ₹340.00k | no data | |
| Independent Director | 2.83yrs | ₹480.00k | no data | |
| Independent Director | 2.83yrs | ₹500.00k | no data |
2.8yrs
Average Tenure
59yo
Average Age
Experienced Board: OIL's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oil India Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Oil India Limited
- Ticker: OIL
- Exchange: NSEI
- Founded: 1889
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: ₹102.802b
- Shares outstanding: 1.08b
- Website: https://www.oil-india.com
Number of Employees
Location
- Oil India Limited
- Plot No. 19
- Near Film City
- Noida
- Uttar Pradesh
- 201301
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 533106 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Sep 2009 |
| OIL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Sep 2009 |
Biography
Oil India Limited explores for, develops, and produces crude oil and natural gas in India and internationally. The company operates through Crude Oil, Natural Gas, Liquefied Petroleum Gas (LPG), and Pipeline Transportation segments. It is also involved in the transportation of crude oil; and production of LPG, as well as in the provision of exploration and production related services. The company owns and operates 1,157 kilometers of cross-country crude oil pipelines; and 13 drilling rigs and 14 work-over rigs, as well as owns 10 crude oil pumping stations and 17 repeater stations in Assam, West Bengal, and Bihar states. It also generates energy through wind and solar power projects. In addition, the company has participating interests in NELP exploration blocks in Mahanadi Offshore, Mumbai Deepwater, Krishna Godavari Deepwater, etc., as well as in various projects in Libya, Gabon, the United States, Nigeria, Sudan, Yemen, Venezuela, Mozambique, Myanmar, Bangladesh, Russia, and Israel. Oil India Limited was founded in 1889 and is based in Noida, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/02 12:36 |
| End of Day Share Price | 2020/07/02 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.