Equity, Scrip Watch

Oil India

Scrip Sanctuaries for protection from the wildlife in this jungle of Indian Equities

Oil India

 

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
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 :

 

  1.  Life Insurance Corp of India – 12.0 %
  2.  Indian Oil Corp Ltd – 4.9 %
  3.  ICICI Prudential Asset Management – 3.1 %
  4.  Reliance Capital Trustee Co Ltd – 2.6 %
  5.  Hindustan Petroleum Corp Ltd – 2.5 %
  6. Bharat Petroleum Corp Ltd – 2.5 %
  7. Vanguard Group Inc –  1.0 %
  8. BlackRock Inc –  0.8%
  9.  ICICI Prudential Life Insurance Co – 0.4 1%
  10. WisdomTree Investments Inc –  0.4 %

 

Factors affecting future performance and Share Price Movement of Oil India : 

  1. The recovery of the Indian economy and the subsequent revival of demand for natural gas
  2. The time taken to recover from the oil well blowout and restore production capacity
  3. The repercussions and the compensations that will be provided to those affected by the blowout
  4. Movement of Crude Oil Prices 
  5. If the government decides to disinvest further. 

 

Excerpts from Gaurav’s Blog

Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves

Losers Focus on Winners – Winners Focus on Winning   Workshop Conceptualised & Conducted by GAURAV A PARIKH Stock Markets ~ Minting Millions ~ TOP 10 Winning Moves Grabbing Short Term Too While Compounding Long Term Post Pandemic lock-down, this is the First Fundamental Direct Equity ‘Value Vs Price’ Workshop in over Two and a Half Years by Gaurav Parikh and Jeena … Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves Read More » The post Mumbai Equity Workshop ~ Saturday April 30 2022 ~ Almost Full ~ Top 10 Winning Moves first appeared on Gaurav's Blog. [...]

RIP S T Gerela ex GM BSE ~ gave me the best compliment till date

  Rest in Peace now Gerela Saab  ! Mr S T Gerela ex GM of BSE passed away peacefully this morning We had not met in years but he always remained at the top of my mind when it came to testimonials for this is what he had said to me over a decade ago,when … RIP S T Gerela ex GM BSE ~ gave me the best compliment till date Read More » The post RIP S T Gerela ex GM BSE ~ gave me the best compliment till date first appeared on Gaurav's Blog. [...]

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal !

Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Promoter Group of  Vedanta Ltd has proposed a voluntary de-listing at an indicative offer price of Rs 87.50~are the over 7.3 lakh minority shareholders from Alibag !? …apologies to the people of Alibag Some would term this as De-listing Duplicity ~ but I would … Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! Read More » The post Vedanta de-listing offer price Rs 87.50~Come on Mr Anil Agarwal ! first appeared on Gaurav's Blog. [...]

Riskless Reliance Industries Rights Investment Strategy

This is a Riskless Reliance Industries Rights Investment Strategy for those over 2.3 Million Shareholders already holding RIL shares. It is not a recommendation to buy RIL cum rights  It’s a no brainer yet I’m just penning a brief note because some have told me they hold Reliance but are skipping the Rights ! Don’t … Riskless Reliance Industries Rights Investment Strategy Read More » The post Riskless Reliance Industries Rights Investment Strategy first appeared on Gaurav's Blog. [...]

Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being

 Wealth is negotiable, Health is not Your Personal Well Being is more important that the Stock Market Well Being ~ Always & more so in this unfathomable ongoing Covid-19 Reality Above’s a three minute reach out by me last night to all connected with me to reinforce this .It’s also posted on Facebook , … Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being Read More » The post Covid-19 Crisis-Your Well Being is more important than Stock Market Well Being first appeared on Gaurav's Blog. [...]