V

Vedanta Oil and Gas Ltd

VOGL NSE

Key Fundamentals

SmallcapOil Exploration & ProductionEnergy
Market Cap
₹15,258 Cr
Volatility
Moderate
P/E Ratio
-30.5
EBITDA
₹-88.50 Cr
Debt to Equity
0
Book Value
₹5.99
52W High
₹47.6
52W Low
₹30.42

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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27 extracted metrics + investor summaries across FY25–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Weaknesses

1
  • Company has low interest coverage ratio.

Growth Rate

Revenue Growth
-57.39%
Net Income Growth
1.28%
Cash Flow Change
-1674.07%
ROE
-40.15%
ROCE
-147.60%
EBITDA Margin (Avg.)
125.46%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 2d ago
AI opinion · based on fundamentals
Risk high

Vedanta Oil and Gas Ltd (VOGL) is a recently demerged entity (listed June 2026) that houses the legacy Cairn India upstream assets. It trades at a market cap of approximately ₹14,781 Cr with a negative P/E of -29.1, reflecting current losses, while operating 44 blocks across 47,000+ sq km with proven reserves of 1.32 billion barrels of oil equivalent.

Bull Case 8
  • Largest private upstream oil and gas producer in India, contributing ~25% of domestic crude oil production historically — strategic asset with national importance
  • Proven reserves and resources of 1.321 billion barrels of oil equivalent with additional resource potential of 2.9 billion barrels, providing long reserve life
  • Ambitious production target of 150,000+ boepd by FY29, up from 87,000 boepd in FY26 — nearly doubling output in 3 years
  • Planned $5 billion capex investment to boost output fivefold from current levels, signalling strong growth commitment
  • Operates 44 blocks across 47,000+ sq km, providing diversified exploration and production portfolio within India
  • Demerger eliminates conglomerate discount — standalone listing reportedly unlocked part of ₹63,500 Cr value across all Vedanta entities
  • Market cap of ₹14,781 Cr with P/B of 6.13 reflects market willingness to pay a premium for asset base, suggesting confidence in future cash flows
  • India's oil demand expected to grow at 2.4% CAGR through 2030, providing structural tailwind for domestic producers
Bear Case 8
  • Negative P/E of -29.1 indicates the company is currently loss-making, with no visibility on near-term profitability
  • Low interest coverage ratio flagged as a known concern, suggesting debt servicing strain relative to operating earnings
  • Zero dividend yield — no income return for shareholders despite being in a cash-generative sector historically
  • ROE, ROCE, EPS, and debt-to-equity data are unavailable or null, making fundamental valuation extremely difficult
  • Legacy Cairn assets are mature declining fields — Mangala field required targeted redevelopment just to add 2,000 bpd, highlighting natural depletion risk
  • Production declined from ~161,000 boepd in FY22 to 87,000 boepd in FY26, a ~46% drop over four years
  • $5 billion debt-funded capex plan raises leverage concerns for a company already flagged for low interest coverage
  • No historical compounded sales or profit growth data available (all growth metrics blank), making trend analysis impossible for investors

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 4h ago
Headwinds 1
  • ₹379cr Cambay Block impairment Jul 29

    Company booked a ₹379 crore impairment charge related to the Cambay Block litigation in Q1FY27, indicating ongoing legal/asset risks.

Positives 2
  • ₹945cr Q1 profit on slump sale Jul 29

    Vedanta Oil & Gas reported ₹945 crore consolidated net profit in Q1FY27, driven by a ₹1,056 crore exceptional gain from slump sale of non-core businesses.

  • ESOP/ESPP schemes adopted Jul 29

    Board approved 2026 Employee Stock Option and Purchase Plans covering up to 5% of paid-up capital, signaling focus on talent retention. Pulak Modi designated as Vice Chairman.

Neutral 1
  • Q1FY27 results call on Jul 30 Jul 25

    Vedanta Oil and Gas scheduled its earnings call for July 30, 2026 to present unaudited standalone and consolidated results for quarter ended June 30, 2026.

TL;DR: Vedanta Oil & Gas posted a strong Q1FY27 profit of ₹945 crore, though this was largely driven by a one-time slump sale gain rather than operational performance. The ₹379 crore Cambay Block impairment flags lingering litigation risk. ESOP adoption signals confidence in long-term growth, but investors should watch for recurring earnings quality in coming quarters.

Quarterly Results

  Jun 2025Mar 2026Jun 2026
Sales
2,311
2,588
2,507
Expenses
1,806
1,706
1,693
Operating Profit
505
882
814
OPM %
22%
34%
32%
Other Income
231
-35
807
Interest
167
150
110
Depreciation
664
1,037
741
PBT
-95
-340
770
Tax %
9%
41%
-23%
Net Profit
-104
-479
945
EPS in Rs
-44.08
-203
2.42
Figures in ₹ Crores

Profit & Loss

  Mar 2026
Sales
9,606
Expenses
6,665
Operating Profit
2,941
OPM %
31%
Other Income
555
Interest
650
Depreciation
3,043
PBT
-197
Tax %
150%
Net Profit
-493
EPS in Rs
-209
Div. Payout %
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2025Mar 2026
Equity Capital
5
5
Reserves
-285
-479
Borrowings
552
0
Other Liabilities
656
1,053
Total Liabilities
928
578
Fixed Assets
349
0
CWIP
5
0
Investments
0
0
Other Assets
575
578
Total Assets
928
578
Figures in ₹ Crores

Cash Flow

  Mar 2025Mar 2026
Operating
-9
-168
Investing
20
-8
Financing
56
92
Net Cash Flow
66
-83
Free Cash Flow
-32
-176
CFO/OP
11
105
Figures in ₹ Crores

Ratios

  Mar 2025Mar 2026
Debtor Days
37
0
Inventory Days
0
Cash Conversion Cycle
37
0
Working Capital Days
-309
0

Shareholding Pattern

As of Jun 2026
Promoters 56.38%
Public 18.25%
Others 8.99%
DIIs 8.63%
FIIs 7.68%
Government 0.06%
Total 99.99%
  May 2026Jun 2026
Promoters
56.38%
56.38%
FIIs
14.05%
7.68%
DIIs
12.96%
8.63%
Government
0.06%
0.06%
Public
11.72%
18.25%
Others
4.82%
8.99%
No. of Shareholders
21,78,550
21,78,550

Documents

Frequently Asked Questions about Vedanta Oil and Gas Ltd

What does Vedanta Oil and Gas Ltd do?
Vedanta Oil and Gas Limited is a private sector oil and gas exploration & production company. It operates under the brand ‘Cairn’. The company holds interests in 44 blocks spanning over 47,000 sq km of acreage across India, with gross 2P (proved plus probable) and 2C (contingent) resources of...
Where is Vedanta Oil and Gas Ltd (VOGL) listed?
Vedanta Oil and Gas Ltd is listed on the Indian stock exchanges. It is listed on NSE: VOGL and BSE: 544782. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Vedanta Oil and Gas Ltd belong to?
Vedanta Oil and Gas Ltd operates in the Energy sector within the Oil Exploration & Production industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Vedanta Oil and Gas Ltd?
Vedanta Oil and Gas Ltd has a market capitalisation of approximately ₹15258.33 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Vedanta Oil and Gas Ltd?
The Price-to-Earnings (PE) ratio of Vedanta Oil and Gas Ltd is -30.50. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Vedanta Oil and Gas Ltd?
Over the past 52 weeks, Vedanta Oil and Gas Ltd has traded between a low of ₹30.42 and a high of ₹47.6. This range helps investors understand the stock's price volatility and recent trading levels.
How can I research Vedanta Oil and Gas Ltd on Tapetide?
On Tapetide, you can view Vedanta Oil and Gas Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Vedanta Oil and Gas Limited is a private sector oil and gas exploration & production company. It operates under the brand ‘Cairn’. The company holds interests in 44 blocks spanning over 47,000 sq km of acreage across India, with gross 2P (proved plus probable) and 2C (contingent) resources of 1.4 bnboe. Its producing assets span key hydrocarbon basins in Rajasthan, AP, Gujarat, and Assam.

Face Value ₹ 1

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