NSEI:OIL

Stock Analysis Report

Executive Summary

Oil India Limited explores for, develops, and produces crude oil and natural gas in India and internationally.

Snowflake

Fundamentals

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


Market Performance


7 Day Return

11.0%

OIL

2.9%

IN Oil and Gas

1.4%

IN Market


1 Year Return

-19.0%

OIL

7.8%

IN Oil and Gas

2.3%

IN Market

Return vs Industry: OIL underperformed the Indian Oil and Gas industry which returned 7.8% over the past year.

Return vs Market: OIL underperformed the Indian Market which returned 2.3% over the past year.


Shareholder returns

OILIndustryMarket
7 Day11.0%2.9%1.4%
30 Day7.5%10.7%2.7%
90 Day3.6%4.8%-1.4%
1 Year-14.0%-19.0%10.9%7.8%4.3%2.3%
3 Year-8.5%-21.0%45.3%30.4%20.9%14.9%
5 Year-30.4%-44.9%65.1%39.0%41.2%28.2%

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

Valuation

Is Oil India undervalued compared to its fair value and its price relative to the market?

11.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: OIL (₹163.55) is trading below our estimate of fair value (₹185.3)

Significantly Undervalued: OIL is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: OIL is good value based on its PE Ratio (5.6x) compared to the Oil and Gas industry average (12.7x).

PE vs Market: OIL is good value based on its PE Ratio (5.6x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

Low 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 (0.6x) compared to the IN Oil and Gas industry average (1.2x).


Next Steps

Future Growth

How is Oil India forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

-1.7%

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 (-1.7% per year).

Earnings vs Market: OIL's earnings are forecast to decline over the next 3 years (-1.7% 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 (-1.1% per year).

High Growth Revenue: OIL's revenue is forecast to decline over the next 3 years (-1.1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: OIL's Return on Equity is forecast to be low in 3 years time (9.9%).


Next Steps

Past Performance

How has Oil India performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: OIL's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: OIL's earnings growth over the past year (14.2%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: OIL earnings growth over the past year (14.2%) exceeded the Oil and Gas industry 10.3%.


Return on Equity

High ROE: OIL's Return on Equity (11.3%) is considered low.


Return on Assets

ROA vs Industry: OIL has a higher Return on Assets than the Oil and Gas industry average last year.


Return on Capital Employed

ROCE Improving: OIL has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Oil India's financial position?


Financial Position Analysis

Short Term Liabilities: OIL's short term assets (₹118.5B) exceeds its short term liabilities (₹81.7B)

Long Term Liabilities: OIL's short term assets (118.5B) do not cover its long term liabilities (152.8B)


Debt to Equity History and Analysis

Debt Level: OIL's debt to equity ratio (52.2%) is considered high

Reducing Debt: OIL's debt to equity ratio has increased from 47.3% to 52.2% over the past 5 years.

Debt Coverage: OIL's debt is well covered by operating cash flow (40.8%).

Interest Coverage: OIL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: OIL has a high level of physical assets or inventory.

Debt Coverage by Assets: OIL's debt is not covered by short term assets (assets are 0.8x debt).


Next Steps

Dividend

What is Oil India's current dividend yield, its reliability and sustainability?

6.27%

Current Dividend Yield


Dividend Yield vs Market

company6.3%marketbottom25%0.6%markettop25%2.5%industryaverage2.5%forecastin3Years7.1%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: OIL's dividend (6.27%) is higher than the bottom 25% of dividend payers in the Indian market (0.61%).

High Dividend: OIL's dividend (6.27%) is in the top 25% of dividend payers in the Indian market (2.51%)

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 (35.1%), 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 (39.4% payout ratio).


Next Steps

Management

What is the CEO of Oil India's salary, the management and board of directors tenure and is there insider trading?

2.5yrs

Average management tenure


CEO

Sushil Mishra 0

0yrs

Tenure

0

Mr. Sushil Chandra Mishra serves as Chairman & Managing Director at Oil India Limited since October 1, 2019. 


Management Age and Tenure

2.5yrs

Average Tenure

60yo

Average Age

Experienced Management: OIL's management team is considered experienced (2.5 years average tenure).


Board Age and Tenure

2.1yrs

Average Tenure

58yo

Average Age

Experienced Board: OIL's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell₹221,711,75105 Aug 19
India
EntityCompany
Shares22,171,325
Max Price₹10.00
Sell₹155,188,48822 May 19
India
EntityCompany
Shares15,518,943
Max Price₹10.00

Ownership Breakdown


Management Team

  • Hem Sharma (67yo)

    Head of CLP

    • Tenure: 0yrs
    • Compensation: ₹3.91m
  • Purushottam Saraswat (60yo)

    Head of Services RP - Jodhpur

    • Tenure: 0yrs
  • Tabarak Mazumdar (69yo)

    Head of Drilling Support

    • Tenure: 0yrs
  • Udaysankar Sengupta (67yo)

    Head of Chemical

    • Tenure: 0yrs
  • Biswajit Roy (58yo)

    Director of Human Resources & Business Development and Director

    • Tenure: 4.4yrs
    • Compensation: ₹8.20m
  • Pramod Sharma (59yo)

    Director of Operations & Director

    • Tenure: 4.3yrs
    • Compensation: ₹7.31m
  • Pattabhiraman Chandrasekaran (58yo)

    Director of Exploration & Development and Director

    • Tenure: 2.5yrs
    • Compensation: ₹6.67m
  • Ajaya Sahoo

    GM, Company Secretary & Compliance Officer

    • Tenure: 0.5yrs
  • Harish Madhav

    CFO, Director of Finance & Director

    • Tenure: 0.2yrs
  • Sushil Mishra

    Chairman & MD

    • Tenure: 0yrs

Board Members

  • Biswajit Roy (58yo)

    Director of Human Resources & Business Development and Director

    • Tenure: 4.4yrs
    • Compensation: ₹8.20m
  • Pramod Sharma (59yo)

    Director of Operations & Director

    • Tenure: 4.3yrs
    • Compensation: ₹7.31m
  • Amar Nath (53yo)

    Government Nominee Director

    • Tenure: 1yrs
  • Rajiv Gupta

    Chief Vigilance Officer & Director

    • Tenure: 0yrs
  • Pattabhiraman Chandrasekaran (58yo)

    Director of Exploration & Development and Director

    • Tenure: 2.5yrs
    • Compensation: ₹6.67m
  • Asha Kaul (59yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹340.00k
  • Priyanka Sharma (44yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹480.00k
  • S. Manoharan (69yo)

    Independent Director

    • Tenure: 2.1yrs
    • Compensation: ₹500.00k
  • Harish Madhav

    CFO, Director of Finance & Director

    • Tenure: 0.2yrs
  • Sushil Mishra

    Chairman & MD

    • Tenure: 0yrs

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: ₹175.240b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533106BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2009
OILNSEI (National Stock Exchange of India)YesEquity SharesININRSep 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 Pipeli ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:49
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.