Oil India is the country’s second-largest hydrocarbon exploration and production public sector company
Financials:
| 18/08/2020 | 52 W H/L: Rs 174/66
Market Cap: Rs 10480 crs |
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| Year | CMP | Fv | Equity Capital | Net Worth | Long Term Debt | Total Income | PAT | BV | EPS | P/E | P/BV | Promoter’s Holdings |
| Rs | Rs | Rs Cr. | Rs Cr. | Rs Cr. | Rs Cr. | Rs Cr. | Rs | Rs | % | |||
| 2020 | 97 | 10 | 1084 | 28849 | 12670 | 13317 | 3815 | 266 | 35.19 | 2.75 | 0.36 | 56.66 |
| 2019 | 10 | 1084 | 28974 | 10755 | 14907 | 3238 | 267 | 29.86 | ||||
| 2018 | 10 | 757 | 29030 | 10690 | 11708 | 2735 | 384 | 36.14 | ||||
Despite a rising PAT, the overall Networth fell due to the loss in Value of Indian Oil amounting to Rs 3943 crs in FY 20 routed through the Equity Instruments through Other Comprehensive Income section
Dividend Payout Policy:
Oil India has a steady dividend payout policy like all other public sector companies. Usually, the company declares a final dividend in August or September.
Dividend Payout ratio: 9.2% (only the Rs 9 interim dividend paid in Feb 2020is considered)
| Calendar Year | Total Dividend |
| 2020 | 9 |
| 2019 | 10.25 |
| 2018 | 15 |
| 2017 | 14.25 |
| 2016 | 16 |
| 2015 | 20 |
Recent Updates:
On Monday, August 17th 2020, Oil India managed to cap an oil well blow out during worker maintenance in Assam’s Tinsukia district after 83 days (since May 27th).
A total of 29,475 Metric Tonnes of Crude Oil and 69.71 Million Metric st Cubic Meter of Natural Gas have been Ibst respectively as a result of protests/blockades/ bandhs in and around Baghjan area since 27th May 2020 due to the Blowout. Bioremediation activities in affected areas are in progress.
Due to this, the future production capacity of the company may be impacted in the near term.
Historical Price Chart:
Top 10 shareholders :
- Life Insurance Corp of India – 12.0 %
- Indian Oil Corp Ltd – 4.9 %
- ICICI Prudential Asset Management – 3.1 %
- Reliance Capital Trustee Co Ltd – 2.6 %
- Hindustan Petroleum Corp Ltd – 2.5 %
- Bharat Petroleum Corp Ltd – 2.5 %
- Vanguard Group Inc – 1.0 %
- BlackRock Inc – 0.8%
- ICICI Prudential Life Insurance Co – 0.4 1%
- WisdomTree Investments Inc – 0.4 %
Factors affecting future performance and Share Price Movement of Oil India :
- The recovery of the Indian economy and the subsequent revival of demand for natural gas
- The time taken to recover from the oil well blowout and restore production capacity
- The repercussions and the compensations that will be provided to those affected by the blowout
- Movement of Crude Oil Prices
- If the government decides to disinvest further.