Oil India Share Price Target 2025, 2026, 2030, 2040, 2050

Oil India is a government-owned Maharatna energy company in India. It finds, produces, and transports oil and natural gas, makes LPG, and works in clean energy like green hydrogen. The company is run by the Ministry of Petroleum and Natural Gas and does work in upstream, midstream, downstream, and alternative energy. Its main office is in Duliajan, Assam, with another office in Noida, and the Government of India owns most of it. OIL began from India’s first oil discovery in 1889 in Digboi, and also works in other countries like Libya, Gabon, and the USA.

What is Oil India Ltd NSE: OIL?

Oil India was established in 1959 in Duliajan, Assam and is owned by the government. It is an important company in India that finds and produces oil and natural gas. Most of its work is in Assam and Arunachal Pradesh, and it also has some projects in other countries. It helps to provide energy for the country, supports the economy, and gives jobs to many people. The company also works on exploring new oil and gas fields to increase production. It follows modern technology and safety measures to run its operations efficiently and safely.

Oil India Share Price Target

Oil India Share Price Target 2025

It is a government-owned Maharatna energy company. It is India’s first company to find and produce oil and gas, and it plays an important role in providing energy for the country. It mainly works in finding, producing, and developing crude oil and natural gas, as well as moving crude oil through pipelines and making LPG. The company is run by the Ministry of Petroleum and Natural Gas, showing how important it is for India’s energy supply. In 2025, its share price target would be ₹643, as per stock market analysts.

According to stock market analysts, its share price would be between ₹325 to ₹643 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	325	643

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	390	494
February	340	436
March	328	404
April	325	414
May	388	448
June	414	491
July	425	456
August	384	440
September	388	423
October	360	495
November	346	558
December	360	643

Oil India Share Price Target 2026

The company works in four main areas: upstream, midstream, downstream, and alternative energy. In the upstream area, the company finds and produces oil and natural gas. The midstream area is about moving oil through pipelines. In the downstream area, it refines oil and manages its products for use. The alternative energy area focuses on clean energy like green hydrogen and compressed biogas. Working in all these areas helps provide energy for India in many different ways. In 2026, its share price target would be ₹944, as per stock market analysts.

Its share price would be between ₹624 to ₹944 in 2026, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	624	944

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	624	700
February	633	725
March	645	757
April	667	784
May	684	800
June	704	813
July	710	825
August	725	847
September	737	878
October	754	900
November	785	912
December	825	944

Share Price Target 2027

It has created several subsidiaries and joint ventures to improve its operations. Numaligarh Refinery is a modern refinery in Assam, where it owns most of the shares. Oil India International Pte. Ltd. is a company situated in Singapore that owns parts of Russian companies like JSC Vankorneft and LLC TYNGD, which produce oil in Eastern Siberia. These companies help it to grow and work successfully both in India and abroad. In 2027, its share price target would be ₹1245, as per stock market analysts.

According to stock market analysts, its share price would be between ₹925 to ₹1245 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	925	1245

Share Price Target 2028

It has expanded its work outside India through partnerships with other countries. In Russia, it owns parts of JSC Vankorneft and LLC TYNGD, which produce oil in Eastern Siberia. In Venezuela, it has a 25% share in an oil area called Area 95/96. In Bangladesh, the company is exploring oil and gas in Area SS-04 and Area SS-09. These international projects help it to grow around the world and increase its oil and gas resources. In 2028, its share price target would be ₹1538, as per stock market analysts.

Its share price would be between ₹1220 to ₹1538 in 2028, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	1220	1538

Share Price Target 2029

The company wants to reach net-zero emissions by 2040 and is developing renewable energy projects, like a plant in Assam that makes ethanol from bamboo. It also cares about the health and safety of its workers and nearby communities. It uses modern technology to make its work easier and faster, including better data systems, automation, and data analysis. The company also invests in research and development to find and produce oil and gas more efficiently, helping it stay strong in the energy business. In 2029, its share price target would be ₹1829, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1511 to ₹1829 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	1511	1829

Oil India share price Target 2030

It has a skilled and hardworking team. As of March 2024, it has around 6,492 employees. The company gives training to help workers improve their skills and promotes a friendly and inclusive workplace where new ideas are welcome. Its financial results show it runs a strong business, earning good revenue from its energy work. The company stays profitable by working efficiently and making smart investments, and continues to spend on infrastructure and technology for future growth. In 2030, its share price target would be ₹2168, as per stock market analysts.

Its share price would be between ₹1810 to ₹2168 in 2030, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1810	2168

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1810	1931
February	1845	1952
March	1887	1975
April	1900	1990
May	1912	2021
June	1925	2042
July	1945	2058
August	1965	2075
September	1978	2097
October	2012	2112
November	2040	2132
December	2085	2168

Share Price Target 2040

The company works to support local communities through its social programs. The company helps with education and healthcare to make people’s lives better and invests in projects like roads, schools, and other community needs. It has also won many awards for its work, including recognition for its contributions to the energy sector, focus on safety and the environment, and good business management. In 2040, its share price target would be ₹3728, as per stock market analysts.

According to stock market analysts, its share price would be between ₹3412 to ₹3728 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	3412	3728

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3412	3510
February	3424	3537
March	3437	3557
April	3458	3575
May	3478	3589
June	3490	3600
July	3510	3612
August	3525	3632
September	3551	3645
October	3574	3678
November	3590	3690
December	3610	3728

Share Price Target 2050

The company works on improving production methods to get more output and also looks into renewable energy to add new energy sources. In the future, it plans to grow in India and other countries, increase production, and use new technology to work more efficiently and protect the environment. The company also wants to strengthen its position in the world energy market through partnerships and investments, focusing on sustainable growth and long-term success. In 2050, its share price target would be ₹5470, as per stock market analysts.

Its share price would be between ₹5099 to ₹5470 in 2050, as per stock market analysts.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	5099	5470

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	5099	5187
February	5110	5212
March	5132	5235
April	5168	5258
May	5180	5287
June	5198	5300
July	5200	5312
August	5212	5335
September	5235	5358
October	5251	5378
November	5284	5425
December	5332	5470

Should I buy Oil India stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	325	643
2026	624	944
2027	925	1245
2028	1220	1538
2029	1511	1829
2030	1810	2168
2040	3412	3728
2050	5099	5470

The company makes steady money from its oil and gas business and is now producing more than before. However, its income can change when oil or gas prices go up or down, so its profit is not always the same every year. The company is spending a lot on new projects, which may help it grow in the future but also increase its costs now. It also has some debt, which can be a problem if oil prices fall. Overall, its finances look strong, but its performance still depends on oil prices and how well it runs its projects.

Oil India earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales +	18,612	17,616	25,906	36,084	31,749	31,703	32,321
Expenses +	13,297	11,928	15,405	20,829	19,245	20,546	22,304
Operating Profit	5,315	5,689	10,500	15,255	12,504	11,158	10,017
OPM %	29%	32%	41%	42%	39%	35%	31%
Other Income +	2,147	1,185	1,254	737	-566	1,666	2,642
Interest	647	660	940	901	964	1,069	1,027
Depreciation	1,786	1,844	1,824	1,947	2,129	2,318	2,392
Profit before tax	5,030	4,369	8,990	13,144	8,846	9,436	9,240
Tax %	0%	5%	25%	25%	21%	25%
Net Profit +	5,005	4,146	6,719	9,854	6,980	7,040	7,070
EPS in Rs	28.90	21.69	34.56	53.66	38.95	40.27	40.34
Dividend Payout %	24%	15%	27%	25%	25%	29%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
10.37	1.24	2.75%	18.65	1.57	1.32%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Oil India Ltd	10.38	1.24	2.75%
Oil and Natural Gas Corporation Ltd	8.55	0.83	4.97%
Hindustan Oil Exploration Company Ltd	14.91	1.66	—
Antelopus Selan Energy Ltd	26.00	4.10	—

Is Oil India stock good to buy? (bull case & bear case)

Bull Case:

• The company gives a dividend of about 2.75% as of March 2025, so investors can earn regular income.
• It has low debt with a debt-to-equity ratio of 0.60, which shows it uses money carefully and has low financial risk.
• Revenue was steady at ₹23,987 crore in FY2025, showing the company is earning consistently.
• It is being spent on increasing oil production and improving facilities, which may help the company grow in the future.
• Oil India increased its crude oil production to 3.64 million tonnes in FY2025, showing it is producing more oil.

Bear Case:

• Net profit went down by 21% in FY2025 because of lower oil prices, showing the company can be affected by market changes.
• Revenue stayed the same at ₹23,987 crore, showing limited growth.
• The oil and gas business is affected by global price changes and government rules, which can cause problems.
• Spending a lot on new projects may put pressure on the company’s finances in the short term.

Conclusion

It is a government-owned energy company that produces and moves oil and gas. It also makes LPG and is starting to work on clean energy, like green hydrogen. The company has been in India for a long time and also works in a few other countries. It earns steady money, has increased oil production, keeps its debt low, and pays regular dividends. It is spending on new projects and improving its facilities, which can help it grow in the future. Overall, it is strong financially and has room to grow, but its success depends on oil prices and how well it handles its projects.

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