Oil India uploads FY26 investor meet video recording

Oil India Limited has uploaded the video recording of its Investors' and Analysts' Meet – 2026 to its website. The meeting, held on May 25, 2026, detailed the company's financial performance for FY26 and its strategic roadmap. The recording is now accessible via the company's investor services webpage and a direct YouTube link, providing stakeholders with a comprehensive overview of the operational and financial milestones achieved during the fiscal year.

The company reported a consolidated Profit After Tax (PAT) of INR 7,551 Cr, representing a 7% growth compared to FY25. Standalone PAT for the period was INR 3,065 Cr, marking a 90% increase year-on-year. Oil India achieved a consolidated revenue of INR 38,981 Cr in FY26, a 3% increase from the previous fiscal year, while standalone revenue stood at INR 26,658 Cr, growing by 5%. The board declared a total dividend of INR 11.5 per share, consistent with the previous year.

Financial Highlights

Metric	Standalone FY26	Consolidated FY26
Total Income	INR 26,658 Cr	INR 38,981 Cr
PAT	INR 3,065 Cr	INR 7,551 Cr
Dividend	INR 11.5/share	INR 11.5/share

Operational Performance

Oil India recorded its highest daily crude oil production in the last decade at 10,566 MT per day (81,354 BBL). This output was supported by the drilling of 74 wells and 307 workovers, the highest counts in a single year for the company. Subsidiary Numaligarh Refinery Ltd. (NRL) processed 3,113 TMT of crude, the highest ever, and achieved product sales of 3,200 TMT. NRL's Gross Refining Margin (GRM) stood at $13.43/bbl, a 161% growth versus FY25.

Strategic Expansion

The company is executing a capital expenditure plan of INR 13,025 Cr for standalone domestic operations in FY26, with 60% directed towards near-term production and reserve accretion. The strategy targets increasing production to 10-12 MMTOE by FY30. Key infrastructure projects include the mechanical completion of the Numaligarh-Siliguri Product Pipeline (NSPL) expansion to 5.5 MMTPA in October 2025 and the Duliajan-Numaligarh Gas Pipeline (DNPL) expansion to 2.5 MMSCMD in November 2025. The company is also investing INR 20,000 Cr by 2040 in renewable energy, CBM, biofuels, and Green Hydrogen.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.83%	-2.73%	+3.02%	+15.33%	+14.10%	+445.86%

Oil India has announced a significant long-term plan to expand its compressed natural gas (CNG) station network across India. The company aims to grow its nationwide CNG footprint from over 80 stations in FY26 to over 500 stations by FY35, underscoring its strategic focus on scaling natural gas retail infrastructure over the next decade.

Planned CNG Network Expansion

The expansion plan reflects a multi-year growth trajectory for Oil India's CNG operations. The company's target represents a substantial scale-up in its natural gas distribution network, with the number of stations set to increase more than sixfold over the period spanning FY26 to FY35.

The key milestones of the planned CNG network expansion are outlined below:

Parameter:	Details
CNG Stations in FY26:	Over 80
CNG Stations Target by FY35:	Over 500
Expansion Period:	FY26 to FY35

Strategic Push Into Natural Gas Retail

This initiative highlights Oil India's intent to strengthen its presence in the natural gas retail segment. By targeting over 500 CNG stations by FY35, the company is positioning itself as a significant player in the country's evolving natural gas distribution landscape. The phased expansion over approximately a decade suggests a structured approach to building out this network nationwide.