Intrinsic Valuation of: OIL
Free Cash Flow Average and Growth over past 5Y Key Statistics
Year FCF FCF (FCF/Revenue)
2020 - - EPS (FY) 41 Market Cap ₹843B
2021 - - (-) P/E Ratio 13 Total Asset ₹1,044B
2022 ₹33B - (-) Net Income ₹66B Total Debt ₹278B
2023 ₹29B -13.6% (-38.6%) EBITDA ₹127B Total Liab ₹497B
2024 ₹-11B -139.1% (-143.5%) Opr Margin 34.08 Debt/Equity 0.51
2025 ₹-16B -44.9% (-44.7%) PreTax Margin 31.10 BV/Share 300
5Y Average FCF ₹9B 3.5% (-75.6%)
Overall Market Assumptions:
Assumptions: P/E for No-Growth Company: 7.0
Perpetual Growth Rate (g): 2.48% Historical US Bond Yield: 4.40%
Discount Rate (WACC): 7.00% Current US Bond Yield: 3.48%
Forcasting Future Free Cash Flow for next 6Y Modified Benjamin Graham's Intrinsic Value
Year FCF Projection (3.5%)
2026 ₹32B MBG Intrinsic Value ₹364
2027 ₹33B
2028 ₹34B
2029 ₹35B
2030 ₹36B
2031 ₹37B
Terminal Value ₹842B Net Worth/Share ₹336
DCF Valuation DCF Valuation "What If" Scenario Table
Enterprise Value ₹726B Growth Rate
(+) Cash & Cash Equivalents ₹6B ₹279 1.5% 2.0% 2.5% 3.0% 3.5%
(-) Total Debt ₹278B WACC 6.5% 252 289 335 394 472
Equity Value ₹454B 7.1% 206 234 268 310 364
Shares Outstanding 1,626,607,791 7.8% 168 190 216 247 285
8.4% 137 155 175 199 228
DCF Intrinsic Value ₹279 9.0% 112 126 142 161 183
Analyzed by QuantJuice (2025)