O

Oil India Ltd

Q4 FY26Oil

Oil India Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price475
Market cap₹72.2K Cr
P/E10.9
Updated23 Aug 2026
Read5 min read

The short version

Upstream production target to scale from 10 to 12 million metric ton of oil equivalent by 2030, with a plan to drill around 100 wells in FY27. Oil India targets scaling production from 10 to 12 million metric tons of oil equivalent by 2030.

From Oil India Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Upstream production target to scale from 10 to 12 million metric ton of oil equivalent by 2030, with a plan to drill around 100 wells in FY27.
  • Gas production to increase from 8 MMSCMD currently to 13-15 MMSCMD by drilling 15-18 pure gas wells.
  • Expansion of natural gas distribution (CGD/CNG/PNG) with plans to ramp up to 500 CNG stations and 1.4 million domestic PNG connections in Northeast India.
  • Midstream capacity expanding: crude pipeline capacity doubling from 9.65 to 18 MMTPA and gas pipeline capacity increasing 4X.
  • Downstream refinery capacity expansion at NRL from 3 to 9 MMTPA by March 2027-28 planned, targeting 9 MMT stabilized throughput.
  • Renewable energy pipeline aims for 5+ GW capacity by 2040 and 25 CBG plants by 2030.
  • Incremental gas demand expected from fertilizer plants and tea processing units conversion to natural gas.
  • Overall diversified growth strategy integrating upstream, midstream, downstream, and green energy sectors.

Profitability & Margins

See what Oil India Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Committed Capex of $1.8 billion for Mozambique LNG trains, with an additional cost escalation of approx. $300 million pending Cabinet approval (Page 27).
  • Future investment opportunities in Mozambique LNG post commissioning of initial two trains (Page 27).
  • Capex focused on drilling 100 deep wells annually, with per well cost in shallow water approx. ₹800 crores and deep water wells approx. ₹1200 crores each (Pages 14, 22).
  • Government of India's Samudra Manthan Mission sponsoring deep and ultra-deep water exploration wells; estimated expenditure of around ₹4800-5000 crores for drilling 8 deep water wells with partial government reimbursement (Pages 14, 22).
  • Investment in offshore exploration supported by collaboration with Total Energy under a service agreement, including potential joint investments (Page 16).
  • Expanding Numaligarh Refinery capacity from 3 to 9 MMTPA with associated pipeline infrastructure upgrades underway (Page 16).
  • Renewable energy capex: pipeline of ~2 GW renewable capacity through JVs, CBG and green hydrogen projects underway (Pages 12, 27).

Top-ranked in Oil

Ranked on what management guided this quarter

5x potential
1Asian Energy
Rev 2Mar 1
Rev 2Mar 2
3
Rev 3Mar 3
4
Rev 3Mar 3
5
Rev 4Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Oil India Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript does not explicitly mention the current or expected orderbook/pending orders for Oil India Limited. However, it provides insights related to ongoing and upcoming activities which may imply order execution: - Capex of $1.8 billion already committed for Mozambique LNG project; additional approval sought for a cost escalation of $300 million. - Target to drill around 100 wells annually as part of upstream expansion, with a released drillable location inventory of 218 sites. - Pipeline capacity expansions underway: crude pipeline doubling to 18 MMTPA, gas pipeline capacity increasing 4x. - NRL refinery expansion from 3 to 9 MMTPA ongoing with associated infrastructure projects including crude oil pipeline from Paradip to Numaligarh (92% physically complete). - Renewable energy capacity pipeline includes ~2 GW projects and 5 CBG plants at various stages (2 under construction, 2 tendering). - Collaboration agreements (e.g., with Total Energy for offshore exploration) also indicate active contract work in progress. No direct numeric data on orderbook or pending orders was provided in the document.

Oil India Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹9.3K Cr, net profit ₹2.4K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Oil India Ltd Q4 FY26 results?

Upstream production target to scale from 10 to 12 million metric ton of oil equivalent by 2030, with a plan to drill around 100 wells in FY27. Oil India targets scaling production from 10 to 12 million metric tons of oil equivalent by 2030.

What is Oil India Ltd share price analysis?

Oil India Ltd currently shows a neutral. The stock trades at a P/E of 10.9 with a market cap of ₹72,221 Cr. Investors should review the full earnings analysis for detailed insights.

Is Oil India Ltd planning capital expenditure?

Committed Capex of $1.8 billion for Mozambique LNG trains, with an additional cost escalation of approx.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.