Oil India Limited (OIL) Earnings Call Transcripts

Oil India Limited's Latest Earnings Call - May 25, 2026

In the earnings call for the fiscal year 2025-2026, Oil India Limited reported a consolidated revenue of INR 38,981 crores, reflecting a 3% year-on-year growth, with a PAT of INR 7,551 crores, up 7% from the previous year. The company maintained a dividend of INR 11.5 per share, signaling stability despite a decline in crude oil prices from $78 to $69 per barrel. Management indicated a strong outlook with plans to drill 100 wells in FY '27, targeting a production goal of 4 million metric tons of oil equivalent, supported by ongoing infrastructure expansions and strategic partnerships.

Reported metrics

Guidance from management

Management maintains a target to drill 100 wells in FY '27, aiming for a production of 4 million metric tons of oil equivalent. They expect natural gas production to reach 13 million standard cubic meters per day by FY '28.

What management said

I will attempt, and I will request MD NRL to support me. With respect to the time line of NRL capacity expansion commissioning, yes, you are right. It will be March 2027. And while we would attempt to do, it's all planned and it's on time. the mother unit, CDUVD1, HGT per se. And part of the sulfur recovery unit to produce MS will be ready by end July. So Abhijit, we are looking at about, what, 400 TMT production aft...

Around that only. It will be mostly diesel because DHDT unit will be up and running. And lateR part of the third quarter, even the MS plant will also start operating. So that way, 400 TMT is a very safe bet as of now. So that's 400 TMT. But you are right, we are looking at -- because this is a brownfield expansion, March 2027 to March 2028 is a fair time to have the refinery up and running stabilized 9 million metri...

What analysts pressed on

Analysts expressed concerns regarding the impact of geopolitical events on energy security and the potential for further government support for exploration initiatives. Questions were raised about the viability of the 9 million tonne capacity at Numaligarh Refinery and the specifics of the Total Energy partnership.

Main topics on the call

• Production Goals and Infrastructure Expansion — Management highlighted a target to drill 100 wells in FY '27, aiming for a production of 4 million metric tons of oil equivalent. This is supported by the completion of the Duliajan-Numaligarh pipeline, which will enhanc...
• Financial Performance — For FY '26, Oil India reported a consolidated income of INR 38,981 crores, with EBITDA of INR 13,498 crores and PAT of INR 7,551 crores. This performance was achieved despite a decline in crude oil prices, showcasing res...
• Dividend Stability — The company announced a dividend of INR 11.5 per share, consistent with the previous year, which reflects management's commitment to shareholder returns despite market challenges.
• Exploration Initiatives — Management is embarking on its largest exploration campaign in the KG Mahanadi and Andaman basins, with a focus on deepwater drilling. This includes a partnership with Total Energy for enhanced offshore exploration capab...

Read the full Oil India Limited transcript (May 25, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 20 Oil India Limited earnings call transcripts on record, spanning June 29, 2020 to May 25, 2026. Based on this history, Oil India Limited reports quarterly. The most recent call on file is dated May 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

OIL

Exchange

NSEI

Country

IN

Sector

Energy

Industry

Oil, Gas and Consumable Fuels

Calls on record

20

First call

June 29, 2020

Most recent

May 25, 2026

Reporting cadence

quarterly