Oil India OIL
Upstream oil and gas PSU that has won a graphite-vanadium block in Arunachal Pradesh (Nov 2024)
Mapped in 1 theme: Critical Minerals & Rare Earths.
Where Oil India sits in the supply chain
Oil India appears in 1 supply-chain layer in one theme, Critical Minerals & Rare Earths.
Critical Minerals & Rare Earths › Critical-mineral block auctions
Emerging entrantOther companies in this layer
Revenue and profit
| ₹ Cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 25,906 | 36,084 | 31,749 | 31,703 | 33,081 |
| Net profit | 6,719 | 9,854 | 6,980 | 7,040 | 7,551 |
Latest-year revenue ₹33,081 Cr (FY26, company-wide).
Note: Graphite-vanadium block winner (Arunachal Pradesh).
Strengths
- Graphite is a battery anode input (anode makers sit in the PLI-ACC battery policy), so the block fits India's battery push
Risks
- Minerals are immaterial next to oil and gas
- The block is at exploration stage
Common questions
What does Oil India do?
Upstream oil and gas PSU that has won a graphite-vanadium block in Arunachal Pradesh (Nov 2024).
Where does Oil India sit in the supply chain?
Oil India (NSE: OIL) is mapped in 1 supply-chain layer: Critical-mineral block auctions (Critical Minerals & Rare Earths).
Who are Oil India's peers?
In the Critical-mineral block auctions layer of Critical Minerals & Rare Earths: Vedanta, Hindustan Zinc, Coal India and Mineral Exploration and Consultancy Ltd (MECL) (not NSE-listed).
What is Oil India's market cap and valuation?
As of 6 Nov 2026: market cap ₹72,254 Cr, P/E 8.7x, ROCE 11.5%, ROE 12.2%, dividend yield 2.59%.