What we do Oil India Limited is a leading Navratna PSU engaged in exploration, development, and production of crude oil, natural gas, LPG, refining, and renewable energy in India and overseas. |
Founded in 1,959 |
Market share Second largest national oil and gas producer in India by reserves and output, significant upstream and pipeline infrastructure presence. |
Problem solved Ensures energy security by increasing domestic oil and gas production, reducing reliance on imports, and advancing clean energy through renewables and hydrogen projects. |
Top clients or who we serve Serves Indian energy sector consumers, refineries, power plants, domestic and industrial natural gas users; operates in B2B and B2G segments. |
Key management Dr. Ranjit Rath (Chairman & Managing Director) and other senior leaders with deep experience in oil and gas exploration and operations. |
Our journey and innovations From inception in 1959, pioneered Assam oil fields, expanded pipelines, overseas ventures, renewable energy projects and started green hydrogen and bio-CNG initiatives. |
Where we operate Operations mainly in India (Assam, Rajasthan, Northeast states), with assets and investments in Russia, Mozambique, Venezuela and other geographies. |
Top products or what we offer Crude oil, natural gas, LPG, refined petroleum products, pipeline transportation, and renewable energy including wind, solar and green hydrogen. |
Top brands Major brands include Oil India crude, LPG, and subsidiaries like Numaligarh Refinery and multiple JV entities in gas distribution and green energy. |
Raw materials needed Crude oil and natural gas fields are own sources; refined product feedstock managed via acquisition and refining operations. |
Raw materials supplier N/A since Oil India principally produces primary hydrocarbons and supplies to refineries and consumers. |
Recurring vs cyclical contribution Revenues are largely recurring from steady production and pipeline transport, with some cyclical dependency on oil prices and exploration success. |
Our industry position Strong national upstream player with significant oil and gas reserves, expanding overseas footprint and growing renewable energy portfolio. |
Financial highlights FY 2024-25 standalone revenue approx ₹22,117 crore, profit after tax ₹6,114 crore; consolidated revenue ₹36,163 crore, PAT ₹7,040 crore, with substantial capex ongoing. |
Geographical revenue split Majority of revenue from India operations; overseas assets contribute strategically but limited revenue presently. |
Order book Ongoing major projects include refinery expansion, pipeline projects, renewable energy installations, and technology upgrades. |
Whats driving growth Growth driven by enhanced oil and gas production, pipeline expansions, refinery capacity ramp-up, renewable energy projects and new exploration blocks. |
Our future plans Focus on expanding crude and gas production, refinery expansion to 9 MMT, scaling renewable and green hydrogen projects, and technological innovation in exploration and drilling. |
Our green promise Committed to net zero by 2040 with initiatives in GHG reduction, renewable energy, bio-CNG, green hydrogen, flare gas reduction and carbon capture projects. |
Our people and values Employs 6,400+ with low attrition; invests in training, diversity, safety culture, and fosters innovation through startup collaborations. |
Key challenges ahead Market volatility, exploration risks, regulatory changes, ESG compliance and transition to clean energy remain key challenges. |
Interesting facts First Indian oil company granted a European patent for wax deposition prevention; India’s largest domestic producer with significant R&D focus. |
Risks and strategy Mitigates commodity price risk, operational risks through diversified portfolio, strong governance, technology adoption and sustainability strategies. |
