Oil India Limited · NSE:OIL
Oil India — Investor Presentation (May 2025)
53 slides from Oil India's investor presentation, May 28, 2025
Slide 1: NSE filing cover letter - Investors' and Analysts' Meet 2025
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Slide 2: Conquering Newer Horizons - Investor Presentation May 2025
Conquering Newer Horizons Investor presentation M AY 2 0 2 5
Slide 3: Disclaimer
Disclaimer • This presentation is prepared by Oil India Limited (the “Company”) for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person and does not constitute any recommendation or form part of any offer or i
Slide 4: Agenda
01 Company Overview 02 Financial Highlights Agenda Strategy and Operational 03 Performance 3
Slide 5: Over six decades, OIL has transformed into an integrated energy company
COMPANY OVERVIEW Over six decades, OIL has transformed into an integrated energy company 1889 1953-1956 1959 1981 Founded as Burmah Oil and Made independent India’s 1st Formally incorporated as Oil India Designated a CPSE to lead the pioneered India’s Hydrocarbon Hydrocarbon discovery in Govt of Ind
Slide 6: Integrated operations enable superior value capture across energy chain
COMPANY OVERVIEW Integrated operations enable superior value capture across energy chain Operations across E&P Upstream, Midstream, Downstream, and New Energy integrated under one roof Domestic Production: International Production: Transportation Capacity Refining Capacity (NRL) RE Capacity Oil: 3.4
Slide 7: Robust Upstream footprint across 62 blocks secured via strategic OALP and DSF wins
COMPANY OVERVIEW Robust Upstream footprint across 62 blocks secured via strategic OALP and DSF wins International E&P portfolio of 62 operated blocks across India1 10 assets across 7 countries India: Acreage of ~93K Sq. Km, 41 MMTOE 2P reserves; 94% OALP $4B investment commitment Rajasthan Assam & A
Slide 8: Strategic JVs and Subsidiaries broaden our reach and balance risk
COMPANY OVERVIEW Strategic JVs and Subsidiaries broaden our reach and balance risk (xx%) - % stake of OIL group Subsidiaries Joint Ventures Domestic International Petro- City Gas Refining Pipeline New Energy Upstream chemicals Distribution Oil India Oil India Sweden Oil India Intl. Pte. OGEL Intl. B
Slide 9: OIL has a seasoned leadership with extensive industry experience
SCTORMAPTAENGYY O OVVEERRVVIIEEW W OIL has a seasoned leadership with extensive industry experience CMD & Functional Directors Dr. Ranjit Rath IITB and IIT KGP alumnus, National Geosciences Awardee with 26 years in Chairman & Managing Director exploration, steering OIL India’s growth Saloma Yomdo II
Slide 10: OIL has a seasoned leadership with extensive industry experience
SCTORMAPTAENGYY O OVVEERRVVIIEEW W OIL has a seasoned leadership with extensive industry experience Govt. Nominee Director & Independent Directors Rohit Mathur Govt. nominee director with vast experience in shaping national policy on Joint Secretary, MoP&NG refineries, biofuels and crude logistics P
Slide 11: OIL has a strong credit rating and strategic shareholder support
COMPANY OVERVIEW OIL has a strong credit rating and strategic shareholder support Strong Credit Rating Shareholding pattern (31st March’25) Domestic 56.66% Long term - AAA Stable 6.51% Short term – A1+ 4.93% 2.47% Long term - AAA Stable Short term – A1+ 2.47% Nippon India 2.05% International Kotak 1
Slide 12: OIL is powering India's energy future while delivering shareholder value
COMPANY OVERVIEW OIL is powering India’s energy future while delivering shareholder value 65+ Years of heritage with Maharatna status in 2023 Strong Growth fueled by Highest shareholder Fully integrated resilient Future ready company strong Upstream engine, value creating company O&G portfolio captu
Slide 13: Strategic clarity has enabled leading performance and shareholder returns
COMPANY OVERVIEW To be presented Strategic clarity has enabled leading performance and shareholder returns OIL has significantly Market capitalization Share Price FY25 Operational highlights outperformed benchmark (as of 22nd May‘25) (BSE, as of 22nd May‘25) indices over the last three INR 69K Cr IN
Slide 14: Agenda
01 Company Overview 02 Financial Highlights Agenda Strategy and Operational 03 performance 13
Slide 15: Strong FY25 performance, underscores OIL's operational resilience
FINANCIAL HIGHLIGHTS Strong FY25 performance, underscores OIL’s operational resilience and strategic execution Pipelines 15,741 Crude oil revenue 5,514 Natural gas revenue 572 transport INR Cr INR Cr INR Cr revenue 23,987 Revenue Standalone 10,636 EBITDA Standalone 6,114 PAT Standalone INR Cr INR Cr
Slide 16: OIL has maintained a consistent standalone revenue and profit regime
FINANCIAL HIGHLIGHTS OIL has maintained a consistent standalone revenue and profit regime STANDALONE FINANCIALS Revenue EBITDA Profit after Tax (PAT) Net Worth in INR Cr in INR Cr in INR Cr in INR Cr 39,531 24,758 11,643 6,810 24,514 23,987 11,176 6,114 35,449 10,636 5,552 31,601 26,979 16,428 24,50
Slide 17: Despite strong macro headwinds on price realization across crude and gas
FINANCIAL HIGHLIGHTS Despite strong macro headwinds on price realization across crude and gas Price Realized Net Realization after Levies Crude Oil (US$/bbl.) Natural Gas (US$/mmbtu) 95.47 7.34 83.03 78.09 55.12 49.89 49.28 6.5 6.5 FY23 FY24 FY25 FY23 FY24 FY25 Gas FY 23 realizations likely to FY 24
Slide 18: Consolidated financials have also shown a steady trend
FINANCIAL HIGHLIGHTS Consolidated financials have also shown a steady trend STANDALONE FINANCIALS CONSOLIDATED FINANCIALS Revenue EBITDA Profit after Tax (PAT) Net Worth in INR Cr in INR Cr in INR Cr in INR Cr 41,758 15,992 37,646 37,830 9,854 48,956 14,304 44,436 31,154 12,824 11,755 39,808 6,719 6
Slide 19: Agenda
01 Company Overview 02 Financial Highlights Agenda Strategy and Operational 03 performance 18
Slide 20: OIL operates in opportunity rich sectors vital to India's energy security
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE OIL operates in opportunity rich sectors vital to India’s energy security Upstream Midstream Downstream New energy India oil & gas demand (MMTOE) Domestic gas transmission pipeline (‘000 km) India distillate demand (mb/d) Electricity generation
Slide 21: Demand is expected to increase significantly by 2040
STRATEGY & OPERATIONAL PERFORMANCE 1 Demand is expected to increase significantly by 2040, necessitating substantial domestic production to reduce import dependency Rising India Oil & Gas Demand 2040 Target for 10pp reduction in import dependence India Crude & Gas Demand (MMTOE) 584 90 88% → 78% MMT
Slide 22: India's reserves must be strengthened through robust exploration
STRATEGY & OPERATIONAL PERFORMANCE 1 India’s reserves must be strengthened through robust exploration efforts to meet rising demand Decreasing 2P reserves Falling reserve replacement ratio 2P Oil Reserves (MMT) Oil 2P Reserves Replacement Ratio 18 5 450 450 434 R/P (years) 4 17 RRR 3 16 15.2 15.4 14
Slide 23: Key policy reforms continue to drive exploration and strengthen Upstream Sector Attractiveness
STRATEGY & OPERATIONAL PERFORMANCE 1 Key policy reforms continue to drive exploration and strengthen Upstream Sector Attractiveness Benchmark linked Parikh Gas Oilfield Regulatory Opening “No-Go” Zones Pricing Reforms Pricing Reforms and Development Bill Alignment of domestic Market based pricing Am
Slide 24: OIL's Integrated Oil and Gas strategy is built on four core pillars
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE Integrated energy leader shaping India’s future OIL’s Our Strategic Pillars Integrated Oil and Gas Scale-up Drive the transition 2030 1 UPSTREAM 3 DOWNSTREAM 4 NEW ENERGY strategy is 8.8 10-12 3 9 ~20,000 Cr. built on four MMTOE MMTOE MMTPA EXPA
Slide 25: Upstream growth is resilient - accelerating via scale, partnerships and technology
STRATEGY & OPERATIONAL PERFORMANCE 1 Upstream Our journey so far Our vision by 2030 growth is Steady production resilient - growth now 3%+ CAGR delivered 10-12 OALP and Overseas accelerating Improved well productivity via advanced EOR/IOR MMTOE DSF expansion via scale, Optimized lifting costs using
Slide 26: OIL has delivered a strong 3% growth in production over last 5 years
STRATEGY & OPERATIONAL PERFORMANCE 1 OIL has delivered a strong 3% growth in production over last 5 years Highest ever production in FY25 Annual Production (in MMTOE) 6.54 6.71 6.36 6.06 5.60 3.18 3.25 3.18 3.05 2.64 3.18 3.36 3.46 2.96 3.01 FY21 FY22 FY23 FY24 FY25 Oil Gas 25
Slide 27: Production excellence driven by judicious well selection and advanced IOR/EOR
STRATEGY & OPERATIONAL PERFORMANCE 1 Production excellence driven by judicious well selection and application of advanced IOR/EOR and competitive lifting cost Deliberate well selection and application of IOR/EOR techniques Lifting cost/BoE incl. levies Lifting cost excludes SAED Selection of Robust
Slide 28: OIL's aggressive exploration delivering a top tier reserve replacement ratio
STRATEGY & OPERATIONAL PERFORMANCE 1 OIL’s aggressive exploration delivering a top tier reserve replacement ratio (RRR 0.94) Natural Gas Crude Oil 1P (MMTOE) 2P (MMTOE) 3P (MMTOE) 200 400 304 127 247 107 98 231 123 62 124 38 6 190 21005 90 29 200 84 6127 64 587 90 108 111 69 31 0 3 1 90 76 57 108 18
Slide 29: Extensive acreage across 62 blocks, coupled with significant increase in seismic coverage
STRATEGY & OPERATIONAL PERFORMANCE 1 Extensive acreage across 62 blocks, coupled with significant increase in seismic coverage Acreage 2D/3D Exploration Growth Wells Drilled in ‘000 sq. km. in Ikm (2D)/sq. km (3D) 5 years cumulative 92.9 237 224 17,365 191 145 163 51.5 114 6,555 5,281 22.5 3,512 2,0
Slide 30: OIL is evaluating blocks offered as part of upcoming OALP and DSF Rounds
STRATEGY & OPERATIONAL PERFORMANCE 1 OIL is evaluating blocks offered as part of upcoming OALP and DSF Rounds to drive future growth OALP ROUND X: 1.9L sq. km and 25 block on offer DSF ROUND IV: 55 discoveries across 9 contract areas 13 Basins 1.9L sq.km acreage 3 out of 9 contract 55 Discoveries ar
Slide 31: On track to deliver 10-12 MMTOE production by 2030
STRATEGY & OPERATIONAL PERFORMANCE 1 On track to deliver 10-12 MMTOE production by 2030 via tech, partnerships, and execution OIL 2030 Production Aspiration (in MMTOE) Scaled • Airborne gravity gradient magnetic survey for 10-12 Exploration tech inaccessible areas exploration & well footprint 1-2 an
Slide 32: Midstream is expanding via holistic growth planning, execution strength and operational excellence
STRATEGY & OPERATIONAL PERFORMANCE 2 Midstream is Our journey so far Our vision by 2030 expanding Extensive pipeline via holistic infrastructure growth 1,247 km fully automated crude oil pipeline, among the 18+ 2.6+ 5.5+ planning, oldest and most reliable in Asia MMTPA MMTPA MMTPA execution 192 km n
Slide 33: OIL holds a strong pipeline infrastructure across Eastern Frontier
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 2 OIL holds a strong pipeline infrastructure across Eastern Frontier Pipeline infrastructure Details of Pipeline Network Pipeline Name Application Total Capacity Naharkatiya - Barauni Crude supply line from NE 9.65 MMTPA Crude pipeline (NBPL) fi
Slide 34: Further network expansion underway leading to pan India customer access
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 2 Further network expansion underway leading to pan India customer access Upcoming pipeline infrastructure Details of Pipeline Network Planned Start End PNCPL NSPL Pipeline Name Capacity Application Point Point Remarks Paradip- 9 Transport of Pa
Slide 35: OIL's excellence in construction, operations and planning drives growth
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 2 OIL’s excellence in construction, operations and planning drives growth • Network planning in progress inline with long-term crude & gas production INTEGRATED Pipeline forecast (10-12 MMTOE by 2030) and clean energy blending goals (CBG, GH2) c
Slide 36: Strong downstream operational performance - holistic expansion and diversification
STRATEGY & OPERATIONAL PERFORMANCE 3 Strong Our journey so far Our vision by 2030 downstream Robust operational operational highlights performance 22% production growth in FY25 9 360 500+ till date - Industry leading operational MMTPA KTPA Stations holistic performance (Capacity Utilization: 102%, D
Slide 37: Strong downstream presence through state-of-the-art NRL refinery
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 3 Strong downstream presence through state-of-the-art NRL refinery Robust & Expanding Operations • Capacity expansion underway from 3 to 9 MMTPA • Majority product evacuation via pipeline (FY25), ensuring cost advantage • 50% excise duty benefit
Slide 38: NRL has proven strong growth with increase in capacity utilization, revenue
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 3 NRL has proven strong growth with increase in capacity utilization, revenue Financial and operational metrics from refining (NRL) for FY23-FY25 Capacity Utilization (%) Distillate Yield (%) 103% 102% 88% 86% 87% 84% FY23 FY24 FY25 FY23 FY24 FY
Slide 39: Strategic presence in Petchem via BCPL & APL
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 3 Strategic presence in Petchem via BCPL & APL Operating Performance Highlights Name Location Products & Capacity OIL stake (%) • BCPL: Achieved 113% plant capacity utilization in FY25 Lepetkata, Ethylene: 220 KTPA Assam Propylene: 60 KTPA HPG-2
Slide 40: CGD footprint via partnerships, supports downstream integration with CBG
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 3 CGD footprint via partnerships, supports downstream integration with CBG 9 GAs for CGD, with 25 upcoming CBG plants across India Key JVs and partnerships OIL-BPCL Joint ventures JV 2 Partnerships 4 2 1 5 Infrastructure 1 1 1 74 69.3K 7 CNG PNG
Slide 41: OIL's strategy focuses on holistic expansion and high value derivatives
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 3 OIL’s strategy focuses on holistic expansion and high value derivatives • NRL capacity expansion on track for completion by Dec-2025 • Dedicated PNCPL pipeline (completion by Oct’25) for imported crude supply NRL Capacity Expansion • Partnersh
Slide 42: Industry leading capabilities & tech. serve as core enablers for OIL's vision
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 5 Industry leading capabilities & tech. serve as core enablers for OIL’s vision Vertically Integrated E&P Operations R&D Achievements Key technologies Enhanced Oil In-house Seismic crews 700+ Cr. Recovery (EOR) Retrofitting legacy infrastructure
Slide 43: Industry and academia partnerships support OIL's long-term strategic vision
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 7 Industry and academia partnerships support OIL’s long-term strategic vision Industry Partnerships Academia & Research Collaborations Ongoing discussions with several other global IOCs and NOCs at various stages 42
Slide 44: OIL applies rigorous capital allocation principles to maximize returns
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 8 OIL applies rigorous capital allocation principles to maximize returns OIL CAPEX Plan1 (in INR Cr) Well positioned for highest return opportunities ~8,467 579 5 Strong cash and margin fundamentals 1 New Energy Expansion 665 ~6,995 ~6,882 • Com
Slide 45: OIL has a robust risk management approach to mitigate salient risks
SSTTRRAATTEEGGYY O&V O EPRE VRI EAW TIONAL PERFORMANCE 9 OIL has a robust risk management approach to mitigate salient risks Risk Category Focus Areas Mitigation measures Business continuity Risk Exposure to external macro-risks such as War, Robust security protocol and overseas trade sanctions, etc
Slide 46: OIL's ESG commitment drives responsible, inclusive, & sustainable growth
STRATEGY & OPERATIONAL PERFORMANCE 10 OIL’s ESG commitment drives responsible, inclusive, & sustainable growth Energy Transition and Physical Climate Risks Health & Safety Customer Relations Decarbonization Social • 4 tier disaster management • Lowest LTIF : 0.071 • Data protection strategy • Net Ze
Slide 47: OIL's commitment to nation-building reflected in high-impact CSR initiatives
STRATEGY & OPERATIONAL PERFORMANCE 10 OIL’s commitment to nation-building reflected in high-impact CSR initiatives Cumulative CSR Expenditure in last 5 years ~ ₹ 620 Crore Empowered ~2 lakh+ individuals in a year through our dedicated CSR programs Healthcare Education Skill Community Environmental O
Slide 48: OIL INDIA - A resilient, growth-focused integrated energy platform
OIL INDIA - A resilient, growth-focused integrated energy platform 1 Accelerated future production growth Strong volume ramp-up, led by gas focused developments and enhanced recovery initiatives 2 Exploration driven upside in the long-term Robust domestic acreage (~90% OALP), and strategic global as
Slide 49: Contact us
Contact us For Institutional Investors & Analysts For Retail Investors Shri Abhijit Das Shri A. K. Sahoo Chief Investors Relations Officer Company Secretary Email: abhijitdas@oilindia.in Email: investors@oilindia.in 48
Slide 50: To be presented
To be presented Oo ataa sfear OIL INDIA
Slide 51: Appendix
) APPENDIX et
Slide 52: Glossary and energy conversion factors
Glossary and energy conversion factors Glossary - abbreviations Conversion factors AAQ Ambient Air Quality HSD High Speed Diesel Weight to volume conversion APGCL Assam Power Generation Corporation Limited IGGL Indradhanush Gas Grid Limited Volume Barrel Product Weight (MT) (KL) (bbl) APL Assam Petr
Slide 53: Link to resources
Link to resources Oil India’s website includes information about our financial performance, reports and information on investing in Oil India, dividend payments, AGM and strategy events. Financial Other Sustainability Results Links Resources Annual Reports Net Zero by 2040 OIL Across The Globe FS of