Oil India Ltd
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.
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).
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Fundraising & Capital Structure
See what Oil India Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Oil India Ltd — Quarterly revenue & net profit
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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What Oil India Ltd's management said in earlier quarters
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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.
