Vedanta Oil and Gas Limited · NSE:VOGL
Vedanta Oil and Gas — Q2 FY27 Earnings Presentation
31 slides from Vedanta Oil and Gas's earnings presentation, Oct 29, 2026
Slide 1: Exchange cover letter: Press Release and Investor Presentation
VOGL/Sec./SE/26-27/38 October 29, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers “Exchange Plaza” Plot No C/1, G Block Dalal Street, Fort Bandra Kurla Complex, Bandra (East) Mumbai - 400 001 Mumbai- 400051 Scrip Code: 544782 Scrip Symbol: VOGL Sub: Press Release
Slide 2: Press Release: Financial results for quarter ended 30 September 2026
PRESS RELEASE Financial results for the quarter ended 30 September 2026 Vedanta Oil and Gas reports solid EBITDA growth of 34% YoY; Focused production optimisation driving decline arrest; Robust pipeline of projects to unlock future growth Q2FY27 Highlights: • EBITDA at ₹1,393 Cr; Up 34% YoY • Reven
Slide 3: Press Release (continued): discoveries, DSF IV blocks, management quotes
PRESS RELEASE reservoir intervals across the Kaameshwari, Saraswati and Raageshwari fields. The hydrocarbon potential and commercial viability of these discoveries remain under evaluation. Recently, Vedanta was awarded two offshore blocks in the Krishna Godavari Basin under the DSF IV bid round*, in
Slide 4: Investor Presentation Q2 & H1FY27
Investor Presentation Q2 & H1FY27 Strong Execution. Sustainable Value Creation
Slide 5: Company Overview
01 Company Overview Next Company Overview Q2 & H1FY27 Operational and Financial Highlights
Slide 6: Vedanta Oil & Gas: Deep Resource Base. Proven Operating Legacy
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Vedanta Oil & Gas: Deep Resource Base. Proven Operating Legacy India’s leading private sector oil and gas exploration and production company Large Resource Platform Operating Scale Production and Resource Base 30+ 137 Years o
Slide 7: Our Value Creation Model: From Acreage and Resources to Production and Cash Flow
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Our Value Creation Model: From Acreage and Resources to Production and Cash Flow Production generates cash flow, which is reinvested for new exploration 01 Exploration 02 Development 03 Production CBM North-East Rajasthan t t
Slide 8: Company Overview: Understanding Our Value Creation Model
01 Company Overview 1. Understanding Our Value Creation Model Next Company Overview Q2 & H1FY27 Operational and Financial Highlights
Slide 9: 1. Exploration: Discovering Potential Prospective Resources
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure 1. Exploration: Discovering Potential Prospective Resources Key Exploration Focus Areas 1 North-East 3 Rajasthan ~600 mmboe Rudra and SP-1 1,200 mmboe Proximity to key potential opportunity Basin potential (Conventional opera
Slide 10: 2. Development: Advancing Resources to Production
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure 2. Development: Advancing Resources to Production ENHANCED SATELLITE & 01 02 GAS 03 TIGHT OIL 04 OIL RECOVERY (ASP) INFILL PROGRAMS Enhanced recovery mechanisms RDG and Deep Gas Drilling targets tight-oil reservoirs for Satel
Slide 11: 3. Production: A Diversified Portfolio of Core and Emerging Assets
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure 3. Production: A Diversified Portfolio of Core and Emerging Assets 01 Rajasthan Core 02 Shallow Water Operations • Rajasthan is the most prolific PSC block under operation by Vedanta Oil & Gas • Rajasthan Key Producing Fields
Slide 12: Reinvest: Cash Flow for Reserves and Production Renewal
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Reinvest: Cash Flow for Reserves and Production Renewal Capital Deployment and Intended Outcomes Sustain Production Renew Production Mature Reserves Cash generation Reinvestment in from the producing existing fields and portf
Slide 13: Responsible Operations and ESG Progress
01 Company Overview 2. Responsible Operations and ESG Progress Next Company Overview Q2 & H1FY27 Operational and Financial Highlights
Slide 14: Workplace and Planet: Commitments and H1 FY27 Progress
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Workplace and Planet: Commitments and H1 FY27 Progress 01 Safety & Health 02 People 03 Climate Preventive Health | 01 Climate & Energy 02 Afforestation Diversity & Inclusion Prioritize workforce safety Protect employee health
Slide 15: Communities: Commitments and H1 FY27 Progress
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Communities: Commitments and H1 FY27 Progress 01 Sustainable Livelihoods 02 Digital Education 03 Women & Children 04 Health & Nutrition Support sustainable Expand access to Support women and children Support health and nutrit
Slide 16: Q2 & H1FY27 Operational and Financial Highlights
02 Q2 & H1FY27 Operational and Financial Highlights Next Q2 & H1FY27 Operational Growth Strategy & Outlook and Financial Highlights
Slide 17: Q2 & H1FY27 Operational Highlights
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Q2 & H1FY27 Operational Highlights # Gross Operated Production #Q2FY27 Production Mix **Oil and Gas Production (in kboepd) (%) (million boe) Rajasthan 8.2 89.1 7.1 77.7 6.6 72.2 Ravva 72.2 kboepd OALP Blocks Other Q 2FY26 Q 1
Slide 18: Rajasthan – Core of our Operations
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Rajasthan – Core of our Operations Rajasthan Operations Production Trend Operational Update GROSS OPERATED PRODUCTION (In kboepd) AVERAGE DAILY GROSS PRODUCTION 100.00 70.00 61.0 64.0 70.9 72.7 60.00 49.8 50.9 63.1 59.9 61.5
Slide 19: Ravva – Our Oldest Operating Field
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Ravva – Our Oldest Operating Field Ravva Operations Production Trend Operational Update GROSS OPERATED PRODUCTION (In kboepd) AVERAGE DAILY GROSS PRODUCTION Oil (kboepd) 7.7 7.3 8.2 8.1 8.3 Gas (mmscfd) 7.6 7.0 2.0 2.0 Q2FY27
Slide 20: OALP and DSF Operations
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure OALP and DSF Operations OALP Production Trend Hazarigaon (North-East) Jaya (West Coast) GROSS OPERATED PRODUCTION (In kboepd) 8.00 7.00 6.00 5.00 3.6 3.5 4.00 3.1 3.1 3.1 3.00 2.00 1.00 0.00 • Located near Jambusar, Bharuch D
Slide 21: Q2 & H1FY27 Financial Performance Highlights
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Q2 & H1FY27 Financial Performance Highlights Revenue EBITDA EBITDA Margin PAT before exceptionals ₹2,486 r ₹1,393 r 56% ₹775 r +7% YoY +34% YoY Q2FY27 Q2FY27 Q2FY27 Q2FY27 ₹4,993 r ₹2,625 r 53% ₹889 r +8% YoY +14% YoY H1FY27
Slide 22: FY27 Guidance
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure FY27 Guidance PARTICULARS FY27 Volume (kboepd) 73-77 Operating cost ($/boe) 19.5-20.0 Brent Sensitivity Capex ($ Mn) 320-340 Note: Guidance is based on current operating plans and market assumptions and may vary with commodit
Slide 23: Annexure
vedanta oils gas Annexure Annexure
Slide 24: Summary of Income Statement
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Summary of Income Statement Particulars (₹ In Crore) Q2 FY27 Q1 FY27 QoQ (%) H1 FY27 H1 FY26 YoY (%) Revenue 2,486 2,507 (1%) 4,993 4,633 8% EBITDA 1,393 1,232 13% 2,625 2,312 14% Depreciation & Amortisation 647 741 (13%) 1,3
Slide 25: EBITDA Bridge (Q2FY27 vs. Q1FY27)
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure EBITDA BRIDGE (Q2FY27 vs. Q1FY27) (In ₹ crore) +13% QoQ 125 1,393 182 1,232 1,180 (51) (95) Q1FY27 Price Rebased EBITDA Production Volume Sale Volume Cost & Others Q2FY27 VEDANTA OIL & GAS | INVESTOR PRESENTATION | Q2 & H1FY2
Slide 26: Block-wise Summary
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Block-wise Summary Quarter H1 Oil and Gas (kboepd) Q2FY27 Q2FY26 % YoY Q1FY27 FY27 FY26 % YOY Average Daily Gross Operated Production (kboepd) 72.2 89.1 (19%) 77.7 74.9 91.2 (18%) Rajasthan 59.9 70.9 (15%) 63.1 61.5 72.7 (15%
Slide 27: Block-wise Summary
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Block-wise Summary Quarter H1 Oil and Gas (kboepd) Q2FY27 Q2FY26 % YoY Q1FY27 FY27 FY26 % YOY Average Daily Production Gross operated 72.2 89.1 (19%) 77.7 74.9 91.2 (18%) Oil 58.9 71.6 (18%) 63.0 61.0 73.0 (16%) Gas (Mmscfd)
Slide 28: Glossary
Company Overview Q2 & H1FY27 Operational and Financial Highlights Annexure Glossary 01 Measurement Units 02 Policy Regimes 03 Reserve Types • boepd: Barrels of Oil Equivalent per • OALP: Open Acreage Licensing • 2P: Proven + Probable Reserves Day Policy • 2C: Contingent Resources • kboepd: Thousands
Slide 29: Disclaimer
Disclaimer This presentation contains certain “forward-looking statements”- that is, statements related to future, not statements of historical facts. These forward-looking statements address our expected future business and financial performance and can generally be identified by words or phrases s
Slide 30: Earnings Call Details
Earnings Call Details Event Telephone Number Universal Dial-in +91 22 6280 1114 / +91 22 7115 8015 India National Toll Free 1800 120 1221 Canada 01180014243444 Earnings conference call on October 29, 2026, from 5:00 PM to 5:30 PM International Toll Free* Hong Kong 800964448 (IST) Japan 00531161110 N
Slide 31: Thank you
Thank you Registered Address: C-103, Atul Projects – Corporate Avenue, New Link Road, Chakala, Andheri (E), Mumbai - 400093, Maharashtra, India For more details please contact: investor.relations.desk@cairnindia.com Strong Execution. Sustainable Value Creation NSE: VOGL | BSE: 544782