Oil India Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates
Oil India reported FY26 consolidated income of ₹38,981 Cr (+3% YoY), EBITDA ₹13,498 Cr (+5%), and PAT ₹7,551 Cr (+7%). The company declared a dividend of ₹11.5/share (115%). Stock market capitalization increased 32% since April 2025. OIL achieved record drilling of 74 wells and 307 workovers, targeting 4 MMT oil and 5 BCM gas production. Numaligarh Refinery's expansion to 9 MMT is on track for completion by March 2027. Offshore exploration, including a partnership with TotalEnergies and support from the government's Samudra Manthan mission, is progressing. OIL is also aggressively pursuing green energy (CBG, green hydrogen, ethanol) and critical mineral projects. Management expresses high confidence in future growth across traditional and new energy segments.
