#1ऑयल इंडिया लिमिटेड (भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) BOMAV *** Analysts' & Investors' Presentation June'2022#2Disclaimer ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) ●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 invitation or inducement to sell or issue, or any solicitation of any offer to purchase or subscribe for, any securities of the Company, nor shall it or any part of it or the fact of its distri- bution or offer form the basis of, or be relied on in connection with, any contract or commitment therefor. This presentation does not solicit any action based on the material contained herein. Nothing in this presentation is intended by the Company to be construed as investment, legal, accounting or tax advice. The information and opinions contained herein are provided as of date of this presentation and are subject to change without further notice. This presenta- tion has been prepared by the Company based upon the company's data and/or information available in the public domain. This presentation has not been approved and will not be reviewed or approved by any statutory or regulatory authority in any jurisdiction including India or by any stock exchange in India. This presentation is not intended to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any investor. The information contained herein does not purport to be all-inclusive or to contain all of the information a pro- spective or existing investor may desire. All investors should conduct their own investigation and analysis of the Company and consider such factors in con- sultation with a professional advisor of their choosing when deciding if an investment is appropriate. This presentation may contains certain forward-looking statements relating to the business, financial performance, strategy and results of the Company and/or the industry in which it operates. Forward-looking statements are statements concerning future circumstances and results, and any other state- ments that are not historical facts, sometimes identified by the words "believes", "expects", "predicts", "intends", "projects", "plans", "estimates", "aims", "fore- sees", "anticipates", "targets", and similar expressions. The forward-looking statements, including those cited from third party sources, contained in this presentation are based on numerous assumptions and are uncertain and subject to risks. A multitude of factors including, but not limited to, changes in global and domestic oil and gas prices, changes in the subsidy regime in India, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Neither the Company nor its affiliates or advisors or representatives nor any of its or their parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements con- tained in this presentation or the actual occurrence of the forecasted developments. Forward-looking statements speak only as of the date of this presenta- tion. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this presentation as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward look- ing statements are based. In addition, this presentation also contains statements including information about the Company's reserves that are based on the Company's internal estimates and have not been independently verified by any third party or expert. Many of the factors, assumptions and variables involved in making such estimates may be beyond the control of the Company and may prove to be incorrect over time since they involve factoring multi- ple uncertainties#3AS OF INDIA ° ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Company Overview Strategic Strengths Assets Overview Operating & Financial Performance Growth Strategy ESG Highlights#44 OIL INDIA LIMITED ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise) Го Company Overview OT-2000#55 An Overview Rich Heritage Strong Parentage with Govt. of India Integrated & fully serviced Oil & Gas Co. Domestic and Global Presence Strong Reserve Base Group Financials 6 decades of presence in oil & gas sector ◆ Public Sector Undertaking in 1981 ◆ 'Navratna' Status in 2010 ◆ Gol Stake 56.66% ◆ Presence across Oil & Gas Value Chain ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) ♦ Integrated infrastructure & In-house expertise Own & operate an automated cross country crude pipeline and product pipeline from Numaligarh to Siliguri ◆ Domestic: 66 blocks 64,186 sq. km ♦ International: 10 Assets; 44,300 sq. km ◆ 2P reserves (Dom): Oil - 503 MMbbl, N. Gas - 870 MMboe ◆ 2P reserves (Overseas): Oil -231 MMbbl, N. Gas-126 MMboe ♦ Reserve Replacement Ratio (Dom) consistently > 100% ◆ Revenue - FY22: Rs.30,011 crore ◆ PAT - FY22: Rs.6,719 crore ◆ Total Equity : Rs.26,361 crore#66 Management Team Functional Directors Sushil Chandra Mishra Chairman & Managing Director > 37 yrs experience Harish Madhav Director (Finance) > 33 yrs experience Pankaj Kumar Goswami Director (Operations) > 32 yrs experience Dr. Manas Kumar Sharma Director (Exploration & Development) > 30 yrs experience ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Experience in diverse fields of Strategic Planning, E&P Projects, Corporate affairs & business development Experience in diverse field of Financial Management & Corporate Accounts Experience in diverse fields of production of oil & gas, geology and drilling. Experience in diverse fields of Exploration Management & E&P Business Development Process#77 Management Team Government Nominee Directors Asheesh Joshi Director (Expl-I), MOP&NG Independent Directors Dr. Tangor Tapak Gagann Jain IAS 2006 • Experience at senior positions in various Govt. Depts M.B.B.S from Sarojini Naidu Medical College, Agra Anil Kaushal • Chartered Accountant. Over 15 years of work experience. Ex ITS-1976 batch • B-Tech, MBA, having over 4 decades of experience in Telecommunications and Management ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#8Management Team Independent Directors Pooja Suri 8 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Raju Revanakar Samik Bhattacharya • B.A, LLB. Hony. Member of Managing Committee of PHD Chamber of Com- merce and Industry. Over 15 years of work experience B.Sc degree from Basaveshwar Science College, Bagalkot Social welfare activist since last 30 years for the downtrodden. Graduate in Humanities from the Calcutta University. Eminent Social Worker for past four decades#99 OIL's Shareholding Structure *As of. 27.05.2022 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Listed on BSE / NSE DII (Incl. LIC), 15.96 FII, 12.14 Number of shares 108.44 crore EPS FY 22 Rs.35.85/ share GOI, 56.66 Others, 5.16 Corporate Bodies, 10.07 Dividend 2021-22: Interim Rs.9.25/ Share, Final Rs.5.00/Share Share price (52 Week High / Low) Rs. 267.70/Rs.139.50 * Market Cap* Rs.23,635 crore Key shareholders Government of India Life Insurance Corporation % Shareholding 56.66 8.96 Indian Oil Corporation Ltd. 4.93 Bharat Petroleum Corporation Ltd. 2.47 Hindustan Petroleum Corporation Ltd. 2.47 Fidelity Puritan Trust 2.35 CPSE ETF 2.22 Life Insurance Corporation P&GS Fund 2.10#1010 OIL's Journey - Milestones Formed as a JV with Burmah Oil Company 1959 1981 1999 2009 Initial Public Offerings CPSE First time Participation in NELP 2010 2012 Navratna Status Diversified into Renewable energy 2013 International Credit Rating Raised 1st offshore Bond 20 14 12 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Set up First Green Hydrogen Plant in India Majority Stake in NRL Acquisitions in Rovuma Block in Mozambique 2016 Acquisition in TYNGD and JSC Vankorneft in Russia 2021 2018 2022 First Time participation in OALP, DSF and CGD#1111 Credit Ratings Ratings MOODY'S Baa3 (Stable) CRISIL An S&P Global Company Long Term - AAA Short Term- A1+ Fitch Ratings BBB- (Negative) CARE Ratings Professional Risk Opinion” Long Term - AAA Short Term- A1+ ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#1212 Key Performance Highlights ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Highest ever turnover and Profit After Tax during 2021-22 NRL also reported highest Profit After Tax during 2021-22 Highest ever natural gas production of 3045 MMSCM in 2021-22 1st company in the country to commission a pilot plant of 100 KW capacity based on Anion Exchange Membrane (AEM) technology for production of Green Hydrogen of 99.999% purity in the State of Assam Highest long term and short-term credit ratings by CRISIL High standards of ethics, transparency & integrity - NIL C&AG comments for 19th consecutive year#13TANK MD- SOC OL STORAGE TIM CAPACITY - 29 ° TAM NO. 1. CAPACITY-TH, M. FURATION ITER STAE CUPIENT-50 Strategic Strengths 13 NN ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise)#1414 Group Structure 100% Oil India Sweden AB, Sweden 50% Indoil Netherlands BV, Netherlands 7% PETROCARABOBO SA, Venezuela Overseas Subsidiaries/JV OVERSEAS 100% 100% 40% 25% 100% ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) DOMESTIC NRL Oil India (USA) Inc., USA Oil India Beas Rovuma International BV, Energy Suntera Nigeria 205 Limited, Netherlands Mozambique Oil India International Pte. Ltd., Singapore 69.63% Nigeria BCPL Limited, Mauritius 10% 50% Worldace 33.5% 33.5% DNPL Vankor Taas 23% Investments Ltd, Cyprus India Pte. Ltd., Singapore India Pte. Ltd., Singapore APL 48.68% 20% 100% 10% 70% 23.9% 29.9% OOO Stimul T, Russia JSC Vankorneft IGGL Niobrara Shale Asset, USA (Divested in January 2022) 20% LLC "TYNGD" 100% Licence 61, Russia Rovuma Area 1 Mozambique OML 142, Nigeria 100% 100% Step Down JV Assets/Blocks Level JV Assets/Blocks Vankorsky & Severo- Vankorsky license, Russia HOGPL 50% Central Block & Kurungsky license, Russia PBGPL 26%#1515 Investment in Other Entities NRL 69.63% AP 48.68% 10% +10% OIL + NRL ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) IGGL 20% +20% OIL + NRL POIL GAS 50% P3G 23% DNPCC 23% +26% OIL + NRL#1616 Integrated Oil & Gas Player Exploration Domestic 66 E&P blocks International Presence in Russia, Venezuela, Mozambique, Gabon, Libya, Bangladesh, Nigeria Production Crude oil 48 installations 1,670 km pipelines Natural gas ◆ 29 installations ◆ 730 km pipelines Advanced Recovery tech-niques to maximize production Transportation Crude Oil 1,157 km pipeline; Over 6 MMT capacity Multi-product ◆ 660 km, 1.70 MMT capacity pipeline Natural Gas 23% stake in 192km DNPL in North-East ◆ 20% stake in IGGL Additional 20% stake in IGGL through NRL Downstream Refining and marketing 69.63% equity stake in NRL 5% equity stake in IOCL Gas Cracker Project 10% equity stake in BCPL Petrochemical 48.68% in APL City Gas Distribution ◆4 GAs (Haryana/ Maharashtra/Assam) ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Non Conventional Energy Wind Energy ◆ Capacity 174 MW Solar Power Capacity 14 MW Green Hydrogen ◆ Capacity 100 kW Set up First Green Hydrogen Plant in India#17In-house Capabilities Vertically Integrated E&P Operations Seismic API (2D and 3D) Drilling Wireline Logging In-House Expertise Field Development Transportation 17 IOR / EOR Field/Reservoir Management Production ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Infrastructure to Support E&P Activities One 2D - in-house One 3D Seismic crew - in-house 8 Logging Units - 6 in-house, 2 CH 22 Work-over Rigs - 12 in-house, 10 CH 19 Drilling Rigs - 11 in-house, 8 CH Production and Storage Facilities 5,000 km O&G Pipelines In-house Expertise and Integration across Oil & Gas Infrastructure 12 Production Installations ~200k KL Crude Storage#1818 4.5 4 3.5 3 2.5 2 1.5 Annual Oil Production (MMT) 0.5 0 1 Technology in OIL's Journey Naharkatiya and Moran Fields 1953-1954 1959-1960 1965-1966 1971-1972 1977-1978 1983-1984 Eocene Fields Jorajan Fields 1989-1990 1995-1996 2001-2002 2007-2008 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) SI Technology Implemented for Intensive Exploration 1 Alpha Dominant Frequency (ADF) Processing 2 Cable-less Seismic data acquisition System 3 Passive Seismic Tomography (PST) 4 Airborne Gravity Gradiometry (AGG) & Gravity Magnetic (GM) 5 Hybrid Seismic Data Acquisition System Other Non- SI. Eocene Fields Technology Implemented for Enhanced Production 1 Extended Reach Drilling 2013-2014 2019-2020 2 Hydro-fracturing 3 Chemical Water Shut-off 4 Matrix Acidization 5 Dozing of Liquid Flow Improver 6 Modular Surface Production Facility (SPF)#19Numaligarh Refinery Limited ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Distribution Infrastructure Product Terminals at Numaligarh and Siliguri, OIL owned product pipeline Credit Rating CRISIL - AAA/Stable/A+ on Long/Short term bank facilities Numaligarh Refineries Limited (NRL) Expansion Plans 3MMT Refinery in North-Eastern State of Assam OIL's Equity Stake 69.63% High Complexity Refinery Nelson Complexity Index 9.2 High Distillate Yield and high GRMs Wide Product range MS, HSD, SKO, LPG, ATF, Naphtha, Wax, Sulphur, CPC, RPC, etc. On going Capacity expansion from 3 to 9 MMTPA. -Integrated with an 6MMTPA ~1,600 km crude pipeline from Paradeep to Numaligarh. -129.5km India Bangladesh Product Pipeline. -OIL product Pipeline expansion to 5.5 MMT. Bio-refinery for production of 2G Ethanol. Poly Propylene Unit (PPU) with 360 KTPA design capacity. 19#2020 NRL Performance at a glance PHYSICAL PERFORMANCE 2020-21 2021-22 CRUDE THROUGHPUT (TMT) 2707.35 2624.41 CAPACITY UTILISATION (%) 90.20% 87.48% PRODUCTION (TMT) 2740.46 2583.96 LIGHT DISTILLATES (%) 25.40% 24.36% MIDDLE DISTILLATES (%) 70.60% 71.73% HEAVY ENDS (%) 4.10% 3.87% FUEL AND LOSS (%) 10.26% 10.09% ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#2121 NRL Performance at a glance FINANCIAL PERFORMANCE (INR/cr) 2020-21 2021-22 INCOME FROM OPERATIONS 18,542.18 23,545.80 TOTAL INCOME 18,543.59 23,547.59 EBITDA 4,439.53 5,172.30 PAT 3,036.10 3,561.56 EPS (per share) - Face value Rs 10 41.27 48.42 GROSS REFINERY MARGIN ($/bbl) 4.09 14.33 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#2222 Assets Overview ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise)#2323 Domestic Acreage Blocks Operated Non Operated Total 25 PML (Nom) 25 PEL (Nom) Pre-NELP JV NELP OALP DSF Total 3 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Area (SQ KM) 4,804 3 332 2 2 121 - 4 2 6 9,210 27 27 49,573 2 1 3 158 61 5 66 Operated: 58,748 sq km, Non-Operated: 5,438 sq km 64,186#2424 Domestic Acreage 23 24 RJ-ONHP-2017/9 RJ-ONHP-2017/8 Nominated PML RJ-ONHP-2018/2 RJ-ONHP-2019/3 RJ-ONHP-2019/2 GK-OSN-2010/1 30% KK-OSHP-2018/1 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Kherem 40% AAP-ON-94/1 44.1% Kharsang 40% AA-ONHP-2018/2 AA-ONHP-2018/3 Nominated PML/PEL AA-ONHP-2018/5 AA-ONHP-2019/2 AA-ONHP-2019/1 MN-ONHP-2018/1 MN-ONHP-2018/2 MN-ONHP-2018/3 MN-ONHP-2018/4 MN-ONHP-2018/5 WB-ONN-2005/4 25% KG-ONN-2004/1 100% GSKW 100% AN-OSHP-2018/1 AN-OSHP-2018/2 3 2 3 3 3 ㄖㄖ Nominated Acreage NELP Blocks Pre NELP JVC Blocks DSF Blocks OALP Blocks AA-ONN-2010/3 AA-ONHP-2017/10 AA-ONHP-2017/12 AA-ONHP-2017/13 AA-ONHP-2017/16 AA-ONHP-2017/17 AA-ONHP-2017/18 AA-ONHP-2017/20 AA-ONN-2010/2 MZ-ONN-2004/1 85% M Tulamara 100% M ☑ OIL as Operator 40% N 40% M F#2525 Overseas Assets Overview Venezuela Carabobo (3.5%) 383 km² Exploratory Asset Development Asset Producing Asset Nigeria OML 142 (17.5%) 1295 km² Libya Area 95/96 (25%) 6629 km² Russia JSC Vankorneft (8.0065%) 1869 km² Gabon Shakti (50%) 3761 km² Total Number of Countries: 7 Mozambique Area 1 (4%) 9653 km² ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Russia License-61 (50%) 4991 km² Russia LLC TYNGD (10.0165%) 1424 km² Bangladesh SS-04 (45%) 7269 km² Bangladesh SS-09 (45%) 7026 km² Total Number of Projects: 10 Total Area: 44,300 km²#2626 Major Overseas Projects Taas Yuryakh, Russia ▲ Jointly acquired 29.9% with IOCL and BPRL in Oct 2016 Acquisition Cost: US$1.173 bn (OIL's share: 33.5%, US$392.9 mn) Block Area 1,424 sq km (2 license blocks of 653 sq km and 771 sq km) Located in Eastern Siberia, Onshore Russia ▲ OIL's share 2P reserves ~ 10.53 MMT of crude oil (10.0165% share) 2 ▲ Current production ~ 103,600 bopd OIL's share of cumulative dividends~ USD 272 mn. ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) bp Participating Interest (10%) (50.1%) (10%) (9.9%) (20%) ROSNEFT IndianCil#2727 Major Overseas Projects ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Vankorneft, Russia ▲ Jointly acquired 23.9% with IOCL and BPRL in Oct 2016 Acquisition Cost: US$1.79 bn (OIL's share: 33.5%, US$598mn) Block Area 1,869 sq km (2 license blocks of 1,632 sq km and 237 sq km) ▲ Located in Eastern Siberia, Onshore Russia ▲ OIL's share of 2P reserve ~13.27 MMT of crude oil and 3.77 BCM of gas (8.0065% share) ▲ Current production ~198,000 bopd ▲ OIL's share of cumulative dividend ~USD 391 mn Participating Interest ☐ (8%) (50.1%) (8%) ROSNEFT IndianOil Dinanat Petroleum (7.9%) (26%)#2828 Major Overseas Projects ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Area 1 Rovuma, Mozambique OIL & OVL acquired 10% stake in Offshore Mozambique Area 1 in Jan 2014 Acquisition Cost: US$2,519 mn (US$ 1,007 mn by OIL) ▲ Located in the Rovuma tertiary deltaic basin extending from coastal part Strategically located to supply LNG to buyers from Asia and Middle East - Water depth over major gas fields in the range of 800 – 1,600 meters 50-75 tcf of recoverable resources ▲ Resource size supports 50 MMTPA of LNG FID in June 2019; ▲ Project Financing: Secured debt drawdown commitment of USD 14.9 Bn, wet close in March 2021. Project is under Force Majeure since April 2021, on security concerns. Participating Interest (4%) TOTAL (26.5%) Mitsui USA (20%) ENH (15%) (16%) (10%) (8.5%) PTTEP ONGID VIDESH#2929 Гор Operating & ° ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise) Financial Performance#3030 Operating Performance Crude Oil Production (MMT) ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited Natural Gas Production (MMSCM) (A Government of India Enterprise) 3.13 2.96 3.01 2,801 2,642 3,045 FY 20 FY 21 FY 22 FY20 FY21 FY22#3131 Diversified Reserve Base 1P (MMBOE) 2P (MMBOE) ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) 3P (MMBOE) 996 1252 574 647 870 1103 73 126 149 214 306 503 734 653 1034 231 381 92 Domestic Overseas Total Domestic Overseas Total Domestic Oversas Total Crude Oil Natural Gas Natural gas reserve under sale contract: 1P- 169 MMBOE, 2P-369 MMBOE, 3P-436 MMBOE Domestic Reserves by Type (2P) Gas, 63% Crude, 37% Gas, 35% Overseas Reserves by Type (2P) Crude, 65% Reserve Replacement Ratio consistently above 1, FY 22 -1.11#3232 Price Realisation Crude Oil (US$/bbl) 60.8 40.7 44.0 29.5 78.9 53.3 2.39 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Natural Gas (US$/mmbtu) 1.79 1.79 FY 20 FY 21 FY22 Apr-20 Oct-20 Price Realized Net Realization after Levies Apr-21 2.90 6.10 Oct-21 Apr-22 Govt. notified Gas Price#3333 Financial Performance Revenue (Rs. Crore) 16,428 13,649 10,561 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) EBITDA (Rs. Crore) & EBITDA Margin (%) 7,266 4,111 3,208 44% 30% 30% FY 20 FY 21 FY 22 FY20 FY21 FY22 EBITDA EBITDA Margin 2,584 PAT (Rs. Crore) 1,742 Earning Per Share (Rs.) 3,887 23.83 16.06 35.85 FY20 FY21 FY22 FY20 FY21 FY22#3434 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Valuation and Dividend Payout Net Worth (Rs. Crore) Book Value per Share (Rs.) 26,979 24,500 23,128 275.64 241.70 224.88 FY20 FY21 FY22 FY20 FY21 FY22 Dividend (Rs. Crore) Dividend Payout Ratio (% of PAT) 1,546 44% 1,249 670 498 542 876 751 235 307 40% 31% FY 20 FY 21 FY 22 FY20 FY21 FY22 GOI Others#3535 Leverage Long Term Debt (Rs. Crore) Debt/Equity (%) 8,885 11,418 11,636 FY20 FY21 FY22 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) 46.6% 43.1% 38.4% FY20 FY21 FY22 Consolidated Group Debt as on 31st March' 2022 is Rs.16,388 crore.#3636 Contribution to Exchequer Central Exchequer 980 1,576 1,211 1,123 524 349 2,027 1,101 812 FY 20 Corporate Tax FY 21 Cess FY 22 | Dividend & Others 1,783 FY 20 956 State Exchequer 1,106 590 1,904 FY 21 FY 22 |Royalty VAT & Others 831 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#37DELL DELL 37 ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise) Гог Growth Strategy#3838 Capex Plans 2021-22 (Actuals): Rs.4,367 crore 14% 14% ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited 2022-23 (BE Plan): Rs.4,302 crore 13% (A Government of India Enterprise) 23% 27% 2019-20 397 946 22% 1,192 10% 24% 18% 35% 1,121 592 4248 2020-21 833 533 657 1,534 1,098 4655* Survey Exploratory Drilling Development Drilling |Capital Equipment * Additional Strategic Investment: Rs.8,677 crore in NRL Overseas Projects#3939 Short Term Growth Perspective: Mission 4+ ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) OIL had prepared Enhanced Production Profile of all oil & gas producing fields under nomination regime. The plan was vetted by M/s D&M, as third party internationally reputed expert agency. 5 Thrust areas identified- Balimara, Lakwagaon and Baghjan in Assam, Kumchai in Arunachal Pradesh and Baghewala in Rajasthan 75 nos of Wells to be drilled over 4 years Approximately 30% additional production envisaged Drilled 8 numbers of wells during the FY 2021-22. -Additional oil production achieved 1612 KL/day against target of 1126 KL/day.#4040 Long Term Growth Strategy ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) OIL has aspiration to be an international E&P player with operations at scale in at least two geographical clusters outside India, significantly higher production, reserves and cash flows while being known globally for its capabilities to extract value from mature assets. 15 MMTOE production translating to 6-7% growth p.a. with R/P of 15, 2.5x produc- tion, 4x revenues and 5x net profits relative to 2015 50% of production outside NE and international presence at scale in 1-2 clusters (1.5-2 MMTOE each) Among top 10 mature asset operator globally; known for extracting value from mature assets Selective, profitable diversification in the energy value chain to monetize E&P assets and participate in India's push for renewables Most preferred E&P company in India to attract and retain exceptional talent, while continuing to be well regarded in the community#4141 Strategies to Achieve 2030 Aspirations Reimagined Main Producing Area development to maximise potential Step up exploration and development activities in select Indian basins Built international presence at scale in one or two geographic clusters Pursuing selective, profitable diversification in the energy value chain ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Restructured organisation & people processes to deliver the perspective plan#4242 77 ୮ ESG HIGHLIGHTS ° ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government India Enterprise)#4343 Social Risks & Mitigating Measures ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Carbon Transition Commitment towards NDC GHG Footprint mapping Identified CCA Measures and CER Measures Investment in technologies for reduce flaring, energy efficient machines/appliances Renewable Energy Setting up of India's first 99.999% pure Green Hydrogen pilot plant in Jorhat, Assam Mass tree plantation MoU with IOCL on CCUS, Green Hydrogen, ethanol plants etc. Physical Climate Risks Seismic Vulnerability, Subsidence Assessment carried out 4 tier Disaster Management plan Disaster Preparedness Drills carried out in associa- tion with NDMA, DA, Mutual Aid Partners Pollution and Waste Management B Water Management Periodic ground water analysis Innovation - Use of Backlash water filter Rainwater Harvesting Investment into ETP, Water Injection Stations etc. Water Conservation Awareness Month. Hazardous Waste & Non Hazardous Waste Management AAQ, Noise Monitoring Stack height of Genset as per Norms Technology: Oily sludge treatment, Non luminous flaring, Mud Plant Recycling, incinerators etc. Oil Spill Contingency plan Reuse of mud, drill cuttings, drilling fluid, formation water Natural Capital Environment Management Plan based on Environment Impact Assessment studies. Biodiversity study in ecological sensitive areas like DSNP Well restoration policy Environment, Forest, NBWL, CRZ Clearances obtained from MoEF&CC#4444 Social Risks & Mitigating Measures ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Customer Relations Data & Cyber Security - Data protection Strategy, technology to secure customer data and prevent leaks or data losses Human Capital Labour Relations - structured programs to improve skill levels & morale FY 2020-21-6,190 employees, (1,669 executives and 4,521 unionized employ- ees) Diversity & Inclusion - equal job opportuni- ties, entitled to same benefits, training and skill-building activities. Demographic & Societal Trends Identified major thrust areas for CSR namely Healthcare, Drinking Water & Sanitation, Education, Skill Development, Sustainable Livelihood, Empowerment of Women, Augmentation of Rural Infrastruc- ture, Promotion of Art, Culture and Heri- tage, Promotion of Sports, Environment preservation & conservation and Relief & Rehabilitation. CSR projects based on Need Assessment Impact assessment done periodically Health & Safety Lowest ever LTIF 0.107 Audit & Compliance HSE Manuals/SOPs/Permits Online monitoring of incidents, audit compliance, etc. under Project DRIVE Accident Investigation & Analysis 4 tier HSE Monitoring system No cases of Occupational illness reported Responsible Production OIL delights its customers with quality products and services at competitive prices Supply Chain Management - Product demand & supply planning Stakeholder engagement - Suppliers, Consumers, Contractors Industry Partners, Community, Media etc. Bribery & corruption - Whistle Blower Policy, MOU with Transparency, International India (TII) for adopting Integrity Pact (IP) program in the Company#4545 Under CSR OIL Sparsha OIL Swabalamban OIL Super 30 We are OIL Rupantar ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Augmentation of Rural Infrastructure OIL Nursing School#4646 COVID INITIATIVE ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) 1. Set up 100 bedded COVID Care Centre at Duliajan 2. Supply, Installation, and Commissioning of 9 nos. of Oxygen Plants in Bihar (5), UP (2), Nagaland (1) and Arunachal Pradesh (1) with combined oxygen generation capacity of more than 17,000 Litre per Minute (LPM). 3. Supply of 500 nos. of Oxygen Concentrators to Govt. of Assam, 25 to Jodhpur and 1000 nos. to various locations in the country. 4. Placement of 40 KL Liquid Nitrogen tank at Assam Medical College, Dibrugarh 5. Supply of Deep Freezers to Govt. of Assam for storing vaccines 6. Supply and shipment of 3,000 nos. of Oxygen Cylinders in various location in the country. 7. Three numbers of oil-free oxygen booster for refilling of oxygen cylinders were installed & commissioned in three district hospitals of Arunachal Pradesh by the company. 8. More than 58,000 Covid Vaccination dosages (First & Second) were given to employees, their dependents and other business partners including contact workers, channel partners and nearby community.#4747 TO SUMMARIZE ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) 2nd Largest Public Sector E&P Company ...With Strong Credit Metrics Steady and sustained growth Sound financial health Strong operating track record 6 decades of E&P expertise Spreading wings: NE - Pan India - Global Large prospective E&P acreage Pioneer in Pipeline Transportation Acquisition of discovered and producing assets Diversifying into new areas but core focus remains in E&P#4848 Our Contact Points For Institutional Investors & Analysts For Retail Investors Shri Sanjay Choudhuri Executive Director (Finance & Accounts) Phone No. 0120-2419114 Email: [email protected] Shri A. K. Sahoo Company Secretary Tel No: 0120 - 2419098 Fax No: 91 120-2419069 Email: [email protected] ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise)#49ऑयल इंडिया लिमिटेड ( भारत सरकार का उद्यम ) Oil India Limited (A Government of India Enterprise) Thank You