- Oil India’s net income for the first quarter is 14.7 billion rupees, which is 8.7% lower than a year ago and below the estimated 16.82 billion rupees.
- The company’s revenue stands at 58.4 billion rupees, up 26% year-over-year, surpassing the estimated 56.03 billion rupees.
- Total costs have surged to 40.3 billion rupees, marking a 40% increase from the previous year.
- Other income is reported at 1.62 billion rupees, a significant 51% drop compared to the previous year.
- Analysts’ ratings for Oil India include 15 buys, 2 holds, and 2 sells.
A look at Oil India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Oil India Ltd, a company engaged in the exploration and production of crude oil and natural gas, presents a promising long-term outlook. With strong scores in Dividend and Growth, it indicates a solid track record of sustainable payouts to investors and potential for future expansion. Additionally, its high Value score suggests that the company is currently priced attractively in relation to its fundamentals. This, coupled with a respectable Momentum score, signifies that Oil India Ltd is positioned for potential growth in the near future.
Despite a slightly lower score in Resilience, which may indicate some level of vulnerability to external factors, the overall assessment of Oil India Ltd appears positive. Investors looking for a company with a focus on dividends, growth opportunities, and value may find Oil India Ltd to be a promising addition to their portfolio, given its strong Smart Scores across key factors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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