Nse: Oil India Limited is developing, developing, and producing crude oil and natural gas in India and worldwide. The company operates through the sectors of crude oil and natural gas and liquid petroleum gas (LPG) transportation pipelines and renewable energy. It also participates in the transportation of crude oil and natural gas, in the production of petroleum products, and in the provision of services related to exploration and production, such as pipeline transportation services.
The company owns and operates 1,157 km of crude oil pipelines, 19 drilling machines, and 25 drilling machines.
As they generate energy through wind power and solar power projects.
In addition, the company has interests in NELP exploration areas in Assam, Mizoram, and Andhra Pradesh, as well as various projects in Libya and Gabon, the United States, Nigeria, Yemen, Venezuela, Mozambique, Myanmar, Bangladesh, and Russia. Company Oil India Limited was established in 1889, and its main headquarters is in Dibrugarh, India.
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Oil India Limited Competitors
Nse: Oil India Limited (OIL) is a public-sector oil and gas company in India. As a significant player in the Indian oil and gas industry, OIL competes with several other companies. Some of its main competitors include:
- Oil and Natural Gas Corporation Limited (ONGC)
- Reliance Industries Limited
- Indian Oil Corporation Limited
- Bharat Petroleum Corporation Limited (BPCL)
- Hindustan Petroleum Corporation Limited (HPCL)
- GAIL (India) Limited
- Cairn India Limited
- Essar Oil Limited
- Petronet LNG Limited
These companies are also involved in the exploration, production, refining, marketing, and distribution of nse: oil and gas products in India and abroad. The competition in the industry is intense, with companies competing for exploration rights, bidding for oil and gas blocks, and trying to optimize their operations to maximize their profits.
OIL and its competitors invest heavily in research and development, adopt new technologies, and constantly evaluate their strategies to meet the changing market demands to stay competitive. The company’s success in the industry depends on various factors such as technological capabilities, operational efficiency, financial strength, government policies and regulations, and the global oil and gas market conditions.
Nse: Oil India Limited Fundamentals Summary
Nse: Oil India Limited (OIL) is a public-sector oil and gas company in India. Here’s a summary of OIL’s fundamentals:
- Revenue: Nse: OIL reported total revenue of INR 11,669.79 crore in the fiscal year 2020-2021.
- Net Profit: OIL reported a net profit of INR 1,679.15 crore in 2020-2021.
- Market Capitalization: As of April 23, 2023, OIL’s market capitalization was approximately INR 13,109.79 crore.
- Debt to Impartiality Ratio: As of March 31, 2021, OIL’s debt-to-equity ratio was 0.09.
- Earnings per Share (EPS): OIL’s EPS for the fiscal year 2020-2021 was INR 25.58.
- Price to Earnings Ratio (P/E Ratio): As of April 23, 2023, OIL’s P/E ratio was 3.69.
- Dividend Yield: OIL’s dividend yield for the fiscal year 2020-2021 was 6.07%.
- Return on Equity (ROE): OIL’s ROE for the fiscal year 2020-2021 was 11.83%.
NSE: Oil and Gas Sector
| Company Name | Market Price | Open | Close |
| BHARAT PETROLEUM CORP LT | ₹ 346.65 | ₹ 346.20 | ₹ 346.20 |
| CASTROL INDIA LIMITED | ₹ 116.60 | ₹ 116.30 | ₹ 116.05 |
| GAIL (INDIA) LTD | ₹ 109.35 | ₹ 108.45 | ₹ 108.35 |
| GUJARAT GAS LIMITED | ₹ 463.95 | ₹ 469.10 | ₹ 466.60 |
| GUJARAT STATE PETRO LTD | ₹ 264.15 | ₹ 264.00 | ₹ 263.20 |
| GULF OIL LUB. IND. LTD. | ₹ 409.55 | ₹ 413.20 | ₹ 409.90 |
| HINDUSTAN PETROLEUM CORP | ₹ 243.10 | ₹ 241.40 | ₹ 241.80 |
| INDIAN OIL CORP LTD | ₹ 78.10 | ₹ 78.30 | ₹ 78.25 |
| Indraprastha GAS LTD | ₹ 486.00 | ₹ 485.20 | ₹ 486.70 |
| MAHANAGAR GAS LTD. | ₹ 1,015.30 | ₹ 1,003.80 | ₹ 1,003.80 |
| MRPL | ₹ 53.40 | ₹ 53.50 | ₹ 53.25 |
| Oil India LTD | ₹ 254.95 | ₹ 256.00 | ₹ 256.65 |
| Oil And Natural Gas CORP | ₹ 160.20 | ₹ 159.60 | ₹ 159.60 |
| Petronet LNG Limited | ₹ 236.25 | ₹ 235.25 | ₹ 233.70 |
| Reliance Industries LTD | ₹ 2,354.55 | ₹ 2,375.00 | ₹ 2,349.00 |
Nse: Oil Subsidiaries
nse: oil There are several companies listed on the National Stock Exchange (NSE) of India that are involved in the oil and gas sector, including subsidiaries of larger oil companies. Some examples of NSE-listed oil subsidiaries are:
- Bharat Petroleum Corporation Limited (BPCL): BPCL is a public sector undertaking involved in refining, marketing, and distributing petroleum products. Its subsidiaries include Bharat Gas Resources Limited, Bharat Oman Refineries Limited, and Numaligarh Refinery Limited.
- Indian Oil Corporation Limited (IOCL): IOCL is another public sector undertaking involved in refining, marketing, and distributing petroleum products. Its subsidiaries include Chennai Petroleum Corporation Limited, Bongaigaon Refinery and Petrochemicals Limited, and IndianOil-Adani Gas Private Limited.
- Hindustan Petroleum Corporation Limited (HPCL): HPCL is a public sector undertaking involved in refining, marketing, and distributing petroleum products. Its subsidiaries include Prize Petroleum Company Limited and HPCL Rajasthan Refinery Limited.
- Reliance Industries Limited (RIL): RIL is a private-sector conglomerate with interests in various sectors, including oil and gas. Its oil and gas subsidiaries include Reliance Petroleum Limited, Reliance Exploration & Production DMCC, and Reliance Gas Pipelines Limited.
Oil India share price forecast
According to 18 reports from 7 analysts providing long-term price targets for Nse: Oil India Ltd., the company has an average target price of 268.00, indicating a potential upside of 5.39% from its current price of 254.30. This estimate represents a consensus among analysts.
| 06-Jun-22 | Oil India Ltd. | Emkay | 254.3 | 305 | 300.2 | Target met | Buy |
| 29-Jun-22 | Oil India Ltd. | Geojit BNP Paribas | 254.3 | 189 | 213.85 | Target met | Buy |
| 14-Nov-22 | Oil India Ltd. | HDFC Securities | 254.3 | 255 | 200.6 | Target met | Buy |
| 14-Feb-23 | Oil India Ltd. | HDFC Securities | 254.3 | 280 | 257.8 | Target met | Buy |
Regarding Gujarat State Petronet, the analyst’s ADD rating with a target price of INR 280 is based on the expectation of subdued transmission volume.
Due to high spot LNG prices caused by geopolitical issues, low global inventories, and a post-pandemic increase in demand.
As well as limited upside triggers in the near term.
Meanwhile, the BUY rating is maintained with an unchanged target price of INR 855/share for JK Lakshmi Cement.
The company’s efforts to improve its geo-mix, increase trade sales, and optimize the supply chain are expected to boost margins and profitability.
While ongoing expansion in Udaipur is on track and not overextending the balance sheet.
Finally, the BUY recommendation on Galaxy Surfactants with a target price of INR 3,783 is based on the sticky nature of the business.
As well as a stable EBITDA margin, given fluctuations in raw material prices.
Conclusion
Nse: Oil India Limited is developing, developing, and producing crude oil and natural gas in India and worldwide. The company operates through the sectors of crude oil and natural gas and liquid petroleum gas (LPG) transportation pipelines and renewable energy. It also participates in the transportation of crude oil and natural gas, in the production of petroleum products, and in the provision of services related to exploration and production, such as pipeline transportation services.