Oil India Limited (OIL) - Net Assets
Based on the latest financial reports, Oil India Limited (OIL) has net assets worth Rs616.32 Billion INR (≈ $6.67 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.17 Trillion ≈ $12.64 Billion USD) and total liabilities (Rs552.76 Billion ≈ $5.98 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Oil India Limited (OIL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs616.32 Billion |
| % of Total Assets | 52.72% |
| Annual Growth Rate | 13.17% |
| 5-Year Change | 120.5% |
| 10-Year Change | 142.68% |
| Growth Volatility | 13.8 |
Oil India Limited - Net Assets Trend (2004–2025)
This chart illustrates how Oil India Limited's net assets have evolved over time, based on quarterly financial data. See OIL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Oil India Limited (2004–2025)
The table below shows the annual net assets of Oil India Limited from 2004 to 2025. For live valuation and market cap data, see OIL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs547.06 Billion ≈ $5.92 Billion |
+3.95% |
| 2024-03-31 | Rs526.26 Billion ≈ $5.69 Billion |
+25.74% |
| 2023-03-31 | Rs418.53 Billion ≈ $4.53 Billion |
+26.15% |
| 2022-03-31 | Rs331.76 Billion ≈ $3.59 Billion |
+33.72% |
| 2021-03-31 | Rs248.10 Billion ≈ $2.68 Billion |
-14.00% |
| 2020-03-31 | Rs288.49 Billion ≈ $3.12 Billion |
-0.43% |
| 2019-03-31 | Rs289.74 Billion ≈ $3.13 Billion |
-0.19% |
| 2018-03-31 | Rs290.30 Billion ≈ $3.14 Billion |
-1.66% |
| 2017-03-31 | Rs295.19 Billion ≈ $3.19 Billion |
+30.95% |
| 2016-03-31 | Rs225.42 Billion ≈ $2.44 Billion |
+4.84% |
| 2015-03-31 | Rs215.01 Billion ≈ $2.33 Billion |
+4.98% |
| 2014-03-31 | Rs204.82 Billion ≈ $2.22 Billion |
+6.41% |
| 2013-03-31 | Rs192.49 Billion ≈ $2.08 Billion |
+8.51% |
| 2012-03-31 | Rs177.40 Billion ≈ $1.92 Billion |
+13.73% |
| 2011-03-31 | Rs155.98 Billion ≈ $1.69 Billion |
+13.33% |
| 2010-03-31 | Rs137.64 Billion ≈ $1.49 Billion |
+47.50% |
| 2009-03-31 | Rs93.31 Billion ≈ $1.01 Billion |
+17.62% |
| 2008-03-31 | Rs79.33 Billion ≈ $857.92 Million |
+15.83% |
| 2007-03-31 | Rs68.49 Billion ≈ $740.70 Million |
+17.11% |
| 2006-03-31 | Rs58.48 Billion ≈ $632.47 Million |
+23.36% |
| 2005-03-31 | Rs47.41 Billion ≈ $512.68 Million |
+16.52% |
| 2004-03-31 | Rs40.69 Billion ≈ $440.00 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Oil India Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 47233400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs472.33 Billion | 94.91% |
| Common Stock | Rs16.27 Billion | 3.27% |
| Other Comprehensive Income | Rs9.08 Billion | 1.82% |
| Total Equity | Rs497.68 Billion | 100.00% |
Oil India Limited Competitors by Market Cap
The table below lists competitors of Oil India Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E Ink Holdings
TWO:8069
|
$7.41 Billion |
|
IDACORP Inc
NYSE:IDA
|
$7.41 Billion |
|
Indutrade AB
ST:INDT
|
$7.41 Billion |
|
Shandong Hi-speed Co Ltd
SHG:600350
|
$7.42 Billion |
|
Voya Financial Inc
NYSE:VOYA
|
$7.40 Billion |
|
KakaoBank Corp
KO:323410
|
$7.39 Billion |
|
FORD OTOMOT.SAN.ADR/5 TN1
F:FO9A
|
$7.38 Billion |
|
ENN Ecological Holdings Co Ltd
SHG:600803
|
$7.38 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oil India Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 483,389,900,000 to 497,677,200,000, a change of 14,287,300,000 (3.0%).
- Net income of 65,509,300,000 contributed positively to equity growth.
- Dividend payments of 21,092,900,000 reduced retained earnings.
- Other comprehensive income decreased equity by 290,229,700,000.
- Other factors increased equity by 260,100,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs65.51 Billion | +13.16% |
| Dividends Paid | Rs21.09 Billion | -4.24% |
| Other Comprehensive Income | Rs-290.23 Billion | -58.32% |
| Other Changes | Rs260.10 Billion | +52.26% |
| Total Change | Rs- | 2.96% |
Book Value vs Market Value Analysis
This analysis compares Oil India Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.06x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs38.02 | Rs420.60 | x |
| 2005-03-31 | Rs44.30 | Rs420.60 | x |
| 2006-03-31 | Rs54.66 | Rs420.60 | x |
| 2007-03-31 | Rs64.01 | Rs420.60 | x |
| 2008-03-31 | Rs74.14 | Rs420.60 | x |
| 2009-03-31 | Rs87.20 | Rs420.60 | x |
| 2010-03-31 | Rs119.98 | Rs420.60 | x |
| 2011-03-31 | Rs129.74 | Rs420.60 | x |
| 2012-03-31 | Rs147.55 | Rs420.60 | x |
| 2013-03-31 | Rs160.10 | Rs420.60 | x |
| 2014-03-31 | Rs170.36 | Rs420.60 | x |
| 2015-03-31 | Rs178.84 | Rs420.60 | x |
| 2016-03-31 | Rs187.49 | Rs420.60 | x |
| 2017-03-31 | Rs250.20 | Rs420.60 | x |
| 2018-03-31 | Rs253.73 | Rs420.60 | x |
| 2019-03-31 | Rs255.93 | Rs420.60 | x |
| 2020-03-31 | Rs266.03 | Rs420.60 | x |
| 2021-03-31 | Rs218.24 | Rs420.60 | x |
| 2022-03-31 | Rs281.83 | Rs420.60 | x |
| 2023-03-31 | Rs354.86 | Rs420.60 | x |
| 2024-03-31 | Rs297.18 | Rs420.60 | x |
| 2025-03-31 | Rs305.93 | Rs420.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oil India Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.15%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 2.10x
- Recent ROE (13.16%) is below the historical average (17.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 23.34% | 27.25% | 0.62x | 1.38x | Rs5.43 Billion |
| 2005 | 22.40% | 25.96% | 0.62x | 1.40x | Rs5.88 Billion |
| 2006 | 28.90% | 30.45% | 0.69x | 1.38x | Rs11.05 Billion |
| 2007 | 23.94% | 31.03% | 0.48x | 1.61x | Rs9.55 Billion |
| 2008 | 22.55% | 29.41% | 0.57x | 1.35x | Rs9.96 Billion |
| 2009 | 23.17% | 29.85% | 0.54x | 1.43x | Rs12.29 Billion |
| 2010 | 18.97% | 33.02% | 0.41x | 1.42x | Rs12.34 Billion |
| 2011 | 18.49% | 34.73% | 0.39x | 1.36x | Rs13.24 Billion |
| 2012 | 19.56% | 219.95% | 0.07x | 1.28x | Rs16.95 Billion |
| 2013 | 18.66% | 36.04% | 0.39x | 1.32x | Rs16.67 Billion |
| 2014 | 12.74% | 26.14% | 0.28x | 1.72x | Rs5.60 Billion |
| 2015 | 12.13% | 26.14% | 0.27x | 1.72x | Rs4.58 Billion |
| 2016 | 9.23% | 21.17% | 0.25x | 1.71x | Rs-1.75 Billion |
| 2017 | 5.41% | 16.69% | 0.19x | 1.74x | Rs-13.55 Billion |
| 2018 | 9.42% | 25.56% | 0.22x | 1.68x | Rs-1.68 Billion |
| 2019 | 11.17% | 23.50% | 0.26x | 1.81x | Rs3.40 Billion |
| 2020 | 16.30% | 22.78% | 0.40x | 1.78x | Rs18.16 Billion |
| 2021 | 14.91% | 15.57% | 0.41x | 2.33x | Rs11.61 Billion |
| 2022 | 18.39% | 21.91% | 0.42x | 1.99x | Rs25.65 Billion |
| 2023 | 22.68% | 24.19% | 0.49x | 1.92x | Rs48.80 Billion |
| 2024 | 13.11% | 19.51% | 0.35x | 1.91x | Rs15.01 Billion |
| 2025 | 13.16% | 20.15% | 0.31x | 2.10x | Rs15.74 Billion |
Industry Comparison
This section compares Oil India Limited's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $4,096,932,800,000
- Average return on equity (ROE) among peers: 10.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oil India Limited (OIL) | Rs616.32 Billion | 23.34% | 0.90x | $7.40 Billion |
| Oil & Natural Gas Corporation Limited (ONGC) | $4.10 Trillion | 10.11% | 0.93x | $33.37 Billion |
About Oil India Limited
Oil India Limited engages in the exploration, development, and production of crude oil and natural gas in India. It operates through Crude Oil, Natural Gas, Liquefied Petroleum Gas (LPG), Pipeline Transportation, Renewable Energy, and Others segments. The company owns and operates automated crude oil trunk pipeline comprising an area of 1,157 kilometers; and drilling rigs and workover rigs. It is… Read more