Upstream: This is the core of Oil India's business, involving the exploration and production of oil and gas. The company has a significant presence in the North-Eastern part of India and has been making new hydrocarbon discoveries.
Midstream: Oil India is also involved in the transportation of crude oil and has a substantial pipeline network.
Downstream: The company has a presence in the downstream sector through its subsidiary, Numaligarh Refinery Limited (NRL), in which it holds a majority stake. This integration helps in value addition and provides a stable outlet for its crude oil production.
Financial Performance (Q1 FY2026)
Based on its most recent unaudited financial results for the quarter ended June 30, 2025, Oil India Ltd. has shown a mixed performance:
Consolidated Net Profit: The company reported a consolidated net profit of ₹2,046.51 crore, which was almost flat compared to the ₹2,016.30 crore recorded in the same quarter last year.
Standalone Net Profit: The standalone net profit, however, saw a decline to ₹813.48 crore from ₹1,466.84 crore in Q1 FY25. The company attributed this decrease to a "sharp drop in crude price realization" from approximately $84.89 per barrel in Q1 FY25 to $66.20 per barrel in Q1 FY26.
Operational Metrics: The company's oil and oil-equivalent gas production showed a slight year-on-year dip, while its subsidiary NRL's crude throughput saw a marginal increase.
Dividend: Oil India has a history of maintaining a healthy dividend payout. Recently, the company announced an interim dividend.
Valuation: The stock has seen some recent volatility, particularly after the Q1 results, with some market sources indicating a share price dip. The company's 52-week high was ₹767.90 and a low of ₹325.00, reflecting the price fluctuations.