- Oil India’s net income for the first quarter was 8.13 billion rupees, falling short of estimates and showing a 45% decline from the previous year.
- The company had projected a net income of 13.21 billion rupees.
- Revenue for the quarter was reported at 50.1 billion rupees, a 14% decrease from the same period last year, and lower than the estimated 52.76 billion rupees.
- Total costs were 40.9 billion rupees, which is an increase of 1.5% compared to the previous year.
- Other income rose by 8.6% year-over-year to 1.76 billion rupees.
- The company’s stock currently has 17 buy ratings, 2 hold ratings, and 2 sell ratings.
A look at Oil India Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.6 |
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
Based on the Smartkarma Smart Scores, Oil India Ltd seems to have a positive long-term outlook. The company scores well in areas such as Dividend and Value, showcasing its ability to provide returns to investors and its attractive valuation. Additionally, its Resilience score of 4 indicates that the company is well-positioned to navigate challenges and maintain stability. However, the company’s Growth and Momentum scores are lower, suggesting that there may be room for improvement in these areas.
Oil India Ltd, a company that explores, develops, and produces crude oil and natural gas, is actively involved in various energy-related activities both in India and internationally. With a strong focus on dividends and a solid value proposition, the company presents itself as a reliable investment option for those seeking stable returns. Despite lower scores in Growth and Momentum, the company’s overall outlook appears promising, particularly for investors looking for a blend of income and resilience in the energy sector.
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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