Oil India Limited (OIL) is a leading government-owned oil and gas company in India, established in 1959. It specializes in the exploration, production, and transportation of crude oil and natural gas. OIL plays a crucial role in India’s energy security, meeting over 20% of the country’s oil and gas needs. The company supplies raw materials for essential products like petrol, diesel, LPG gas, and plastics.
Oil India Limited operates not only in India but also runs oil and gas projects in countries like Venezuela, Mozambique, Bangladesh, and Libya. also Oil India Limited is investing in renewable energy sources such as solar and wind power to promote environmental sustainability.
Oil India Limited holds the prestigious “Navratna” status, awarded to top-performing public sector enterprises in India. OIL’s future plans include expanding into hydrogen energy and other clean energy sources.
Oil India Share Price Target (2025 – 2030)
| Year | Price Target Range (₹) |
|---|---|
| 2025 | ₹400 – ₹460 |
| 2026 | ₹450 – ₹520 |
| 2027 | ₹500 – ₹580 |
| 2028 | ₹600 – ₹670 |
| 2029 | ₹650 – ₹730 |
| 2030 | ₹750 – ₹840 |
Oil India Share Price Target for 2025: ₹400 – ₹460
The Oil India Share Price Target for 2025 is expected to range between ₹400 and ₹460. This is based on the moderate growth in global oil prices and Oil India’s continued exploration and production activities. While Oil India will likely see some gains in 2025, the share price will be closely tied to the stability of the oil market and domestic energy demand in India.
Oil India Share Price Target for 2026: ₹450 – ₹520
By 2026, the Oil India Share Price Target could rise to ₹450 – ₹520. This increase is anticipated due to a steady market recovery, growing energy demand in India, and Oil India’s improving financial health. With stronger operational performance and potential increases in oil prices, Oil India’s share price is expected to continue its upward trend.
Oil India Share Price Target for 2027: ₹500 – ₹580
In 2027, the Oil India Share Price Target is projected to range from ₹500 to ₹580. By this year, Oil India is expected to benefit from higher global oil demand, especially from expanding economies, including India. As energy demand increases and Oil India continues to boost its operational efficiency, the share price is expected to climb steadily.
Oil India Share Price Target for 2028: ₹600 – ₹670
For 2028, the Oil India Share Price Target could rise to ₹600 – ₹670. The continued growth in the energy sector, coupled with Oil India’s strong performance and possible diversification into renewable energy, would lead to further positive sentiment. As energy consumption rises, Oil India’s stock is expected to reflect these changes with a higher price target.
Oil India Share Price Target for 2029: ₹650 – ₹730
In 2029, the Oil India Share Price Target is forecasted to reach ₹650 – ₹730. This period could see Oil India benefitting from stronger positioning in the market and the increasing demand for oil and gas in India. If Oil India continues expanding its operations efficiently, the share price will likely reflect its enhanced profitability.
Oil India Share Price Target for 2030: ₹750 – ₹840
Looking ahead to 2030, the Oil India Share Price Target is expected to be in the range of ₹750 – ₹840. This long-term target reflects Oil India’s solid growth, expanding market share, and diversification into renewable energy sectors. With India’s continuous rise in energy demand, Oil India is positioned for significant growth, pushing its share price higher.
Fundamental Analysis of Oil India Limited (OIL)
| Metric | Value |
|---|---|
| Market Cap | ₹64,454 Cr |
| P/E Ratio (TTM) | 8.73 |
| P/B Ratio | 1.22 |
| Industry P/E | 7.52 |
| Debt to Equity | 0.53 |
| Return on Equity (ROE) | 15.93% |
| Earnings Per Share (EPS) (TTM) | 45.38 |
| Dividend Yield | 2.44% |
| Book Value | 323.84 |
| Face Value | 10 |
Shareholding pattern of Oil India Limited (OIL)
| Category | Shareholding (%) |
|---|---|
| Promoters (Indian Government) | 56.66% |
| Retail and Others | 16.67% |
| Foreign Institutions | 9.42% |
| Other Domestic Institutions | 9.11% |
| Mutual Funds | 8.14% |
Read More: ONGC Share Price Target
Oil India Limited (OIL) Balance Sheet (2024 Data)
(All values in ₹ Crore)
| Particulars | 2024 |
|---|---|
| Total Assets | 92,153 |
| + Current Assets | 16,739 |
| + Non-Current Assets | 75,414 |
| Total Liabilities | 39,527 |
| + Current Liabilities | 14,357 |
| + Non-Current Liabilities | 25,170 |
| Total Equity | 52,626 |
| Common Stock | 1,084 |
| Other Equity Total | 47,255 |
| Debt to Equity Ratio | 0.49 |
| Book Value (₹) | 445.76 |
Conclusion
Oil India Share Price Target from 2025 to 2030 shows that the stock is expected to grow steadily over the next few years. This growth is driven by a few important factors. First, oil prices are expected to remain stable, which helps Oil India earn steady profits. Second, India’s energy demand is rising, as the country grows, which benefits energy companies like Oil India. Lastly, Oil India may diversify into renewable energy, such as solar or wind power, which could boost its growth even further. All these factors together are likely to strengthen Oil India’s financial position and cause its share price to increase steadily from 2025 to 2030.
FAQ
Is Oil India a good long-term investment?
Yes, due to its strong position in the energy sector and future growth potential.
How does renewable energy impact Oil India’s stock?
Diversification into renewables will likely boost growth and stock price.
Does the Indian government control Oil India?
Yes, the government owns 56.66% of the company
How do oil prices affect its stock?
Stable or rising oil prices lead to higher revenues and increased stock price.
