Oil India FY26 Investor Presentation Highlights Growth

Oil India Limited – Investor Presentation Summary

Highest daily crude oil production in the last decade at 10,566 MT/day (81,354 BBL).
Achieved highest-ever annual drilling performance with 74 wells drilled.
Conducted highest-ever workover count of 307 workovers.
Key drivers: Enhanced well-interventions to sustain production, growth-focused capex.

Upstream Domestic: Crude oil production of 3.45 MMTOE in FY26; Natural gas production of 3.19 MMTOE in FY26.
Upstream International: Force majeure lifted on Mozambique LNG project in Nov'25; New gas discovery in Libya.
Midstream: Mechanical completion of NSPL pipeline expansion to 5.5 MMTPA in Oct'25; Mechanical completion of DNPL gas pipeline expansion to 2.5 MMSCMD in Nov'25.
Downstream: Numaligarh Refinery Limited (NRL) achieved highest-ever crude processing of 3,113 TMT and highest-ever product sales of 3,200 TMT with a distillate yield of 87.25%.
New Energy: 5 CBG plants (2 under construction, 3 under tendering); 49 KTPA 2G bio-ethanol plant inaugurated; 188 MW Solar & Wind installation; 100 KW Green Hydrogen Pilot.

Revenue: ₹24,039 crore (Standalone, FY26).
EBITDA: ₹8,753 crore (Standalone, FY26).
PAT: ₹4,455 crore (Standalone, FY26).
YoY comparison: FY26 Crude Price Realization was $69.04/bbl, compared to $78.09/bbl in FY25.
Margins: Operating Margin of 17.3%; Net Profit Margin not specified for FY26.
Drivers: Operational performance despite an unplanned economic blockade causing a 0.33 MMTOE production loss.
Key Risks: Unplanned blockades, reduced offtake from gas customers, crude oil price volatility.

Net Worth: ₹42,128 crore (Standalone, FY26), showing consistent growth from ₹26,979 crore in FY22.
Total Debt – Equity: 0.27:1 (Standalone, FY26).
Net Debt / EBITDA: 1.5 (Standalone, FY26).
Financial Health Insights: Strong credit rating; strategic shareholder support.

Capital Expenditure: Growth-focused capex strategy; FY26 capex for NRL is ₹8,317 crore with ₹6,855 crore for refinery expansion.
Free Cash Flow: Not Specified.
Operating Cash Flow: Not Specified.
Net Debt Movement: Not Specified.
Investment Rationale: Unlock reserves, expand midstream infra, strengthen downstream portfolio, empower energy transition.

Investments in Innovation: Frontier offshore exploration; Chasing 'deeper depths'; Partnership with TotalEnergies for offshore seismic program.
Expected impact: Integration with national gas grid expected to provide 40% gas upside.
Strategic Rationale: Upstream-led, integrated play for sustainable value creation; Committed ₹20,000 crore investment into new energy till 2040.

Macro/Industry Trends: National objective to accelerate offshore exploration (Samudra Manthan Mission); Energy transition.
Impact on Company: Driving expansion into offshore basins and investments in renewables, CBG, biofuels, and Green H2.

Strategic Outlook: Path to sustainable value creation through a resilient upstream engine, expanding midstream infra, a strengthened downstream portfolio, and a future-ready energy transition plan.
FY Guidance: Target to increase renewable energy portfolio to 5+ GW; Build 25 CBG plants.
Risks and Opportunities: Not Specified beyond disclosed production disruptions.

Net Zero Target: Committed to Net Zero by 2040.
Other Commitments: Zero routine gas flare by 2027; Zero methane emission by 2030.
CSR: Cumulative CSR expenditure of ~₹650 crore over the last 5 years; ₹144.59 crore spent in FY26 empowering ~2 lakh+ individuals.