Oil India Ltd Share Price Highlights: How has been Its historical performance?

Oil India Ltd Share Price Highlights: How has been Its historical performance?

Oil India Ltd has delivered impressive long-term historical share price growth with a 10-year CAGR of 13% and 5-year/3-year CAGRs around 45-46%, though recent performance has weakened with a 1-year return of approximately -17% amid oil price volatility.​

Recent Price Trends

As of late November 2025, the stock trades near ₹416-422, down from a 52-week high of ₹512 and above the low of ₹322, reflecting a market cap of about ₹67,683-₹68,854 crore. Weekly declines of 3-4% contrast with quarterly sales growth of 16%, but Q2 profit fell 29% YoY to ₹1,644 crore due to lower realizations.​

Long-Term Performance

Over 10 years, compounded sales growth averaged 12% and profit 10%, with ROE steady at 16-18% and dividend payout around 26-29% yielding 2.76%. The stock surged post-2020 on higher crude prices, achieving EPS peaks of ₹53.66 in FY23, but moderated to ₹40.27 in FY25 amid capex in exploration.​

Valuation and Fundamentals

Trading at a P/E of 11.4 (below peer median) and book value of ₹346, Oil India appears undervalued relative to ROCE of 12.9% and operating margins near 35%. Compared to ONGC (P/E 8.4, higher market cap), it offers growth potential in E&P, though sales growth lags at 11% over 5 years.

Oil India Ltd  has shown mixed historical returns compared to its peers over various timelines:

• 1-Year Return: Oil India's return is approximately -17%, underperforming some peers like Gulf Oil Lubricants (+25.5%) but better than MRPL (-33.7%).​

• 3-Year CAGR: The company has achieved around 46% CAGR, which is competitive among peers and reflects strong growth in this timeframe.​

• 5-Year CAGR: About 45%, showing consistent long-term performance, outperforming peers such as Oil & Natural Gas Corporation (ONGC)  which has around 25% return over five years.​

• 10-Year CAGR: Oil India posted a 13% CAGR, demonstrating stable growth over the decade, with ROE in the 14-18% range over recent years.​

Overall, Oil India Ltd has outperformed many peers over the medium to long term, although its recent one-year return has suffered due to market and sector volatility. Peers like ONGC have slightly better valuations but lower mid-term returns. Gulf Oil Lubricants has excelled in the short term with positive one-year gains.

Oil India Ltd Peers Table

The peers used in the comparison for Oil India Ltd  historical returns primarily include key players in oil drilling, exploration, and refining sectors, drawn from industry analyses.​

Peer Company	Sector Focus	Key Metrics (as of Nov 2025) ​
ONGC	Exploration & Production	Market Cap: ₹3.09L Cr, 1Y Return: 0.06%, P/E: 8.5
Deep Industries Ltd	Oilfield Services	Market Cap: ₹2,925 Cr, 1Y Return: -9.32%, P/E: N/A
Prabha Energy Ltd	Exploration	Market Cap: ₹2,651 Cr, 1Y Return: N/A, P/E: N/A
Hindustan Oil Exploration Company Ltd	Exploration	Market Cap: ₹1,829 Cr, 1Y Return: -26.15%, P/E: 12.4
Gulf Oil Lubricants India Ltd	Lubricants & Refining	1Y Return: +25.5%
MRPL	Refining	1Y Return: -33.7%

These peers were selected based on comparable operations in upstream oil & gas, with returns highlighting Oil India's stronger 3-5Y performance despite recent short-term underperformance.