Loading…
India's Cairn-heritage onshore oil and gas producer, demerged from Vedanta Limited as a standalone upstream company.
India's Cairn-heritage onshore oil and gas producer, demerged from Vedanta Limited as a standalone upstream company.
In one line: A small Indian onshore oil producer.
Moat: narrow (scale, installed base). Operates India's largest onshore oil field (Barmer) with established infrastructure, hard to replicate.
Headquarters: Mumbai, India
Size Vedanta Oil and Gas (VOGL.NS) is an India Energy company (Oil & Gas Production) with a market value of $1.27B, the 529th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹30.74 on 6 Nov 2026.
Capital Return on invested capital runs 15.4 points below its cost of capital (15.4% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | n/a | ₹0 | ₹0 | ₹6.46B | ₹5.38B |
| Revenue growth | — | — | -100% | +20% | — |
| Gross profit | n/a | ₹0 | ₹0 | -₹459M | -₹1.95B |
| EBITDA | n/a | ₹0 | ₹0 | -₹555M | -₹2.15B |
| Net income | n/a | -₹1.91B | -₹1.88B | -₹1.17B | -₹2.67B |
| Free cash flow | n/a | -₹1.88B | -₹488M | ₹1.38B | -₹3.42B |
| Capital expenditure | n/a | ₹83.4M | ₹224M | ₹322M | ₹332M |
| Total debt | ₹27.9B | ₹0 | ₹4.55B | ₹3.71B | ₹4.78B |
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Vedanta Oil and Gas VOGL.NS | $1.27B | n/a | n/a | n/a | n/a | n/a |
| Oil & Natural Gas ONGC.NS | $30.8B | -18% | +7% | 9% | 0.4× | -12.6% |
| Oil India OIL.NS | $7.60B | -2% | +20% | 29% | 1.8× | -1.1% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | VOGL.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.2% | -10.1% | 5th highest of 21 |
| Distance from 52-week high | -35.4% | -31.2% | 7th lowest of 21 |
| ROIC minus cost of capital | -15.4 pp | +1.2 pp | lowest of 21 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Vedanta Oil and Gas VOGL.NS | India | $1.27B | n/a | n/a | n/a | n/a | n/a | n/a |
| Advantage Energy AAV.TO | Canada | $1.26B | +6% | +14% | 20% | 3.4× | n/a | n/a |
| Zhongman Petroleum and Natural Gas 603619.SS | China | $1.30B | -42% | -13% | 20% | 3.3× | n/a | n/a |
| Serica Energy SER.L | United Kingdom | $1.20B | -17% | +64% | 23% | 1.2× | -13.0% | +29.4% |
| Parex Resources PXT.TO | Canada | $1.36B | -30% | +14% | 29% | 1.9× | -11.2% | +11.5% |
| Oriental Energy 002221.SZ | China | $1.17B | -36% | -22% | 3% | 1.4× | n/a | n/a |
| Cardinal Energy CJ.TO | Canada | $1.40B | -8% | +18% | 31% | 3.8× | 5.3% | +17.9% |
| Beach Energy BPT.AX | Australia | $1.42B | -16% | -9% | 21% | 1.3× | -12.2% | +4.2% |
| Tenaz Energy TNZ.TO | Canada | $1.13B | -21% | +381% | 16% | 3.8× | 17.7% | +103.4% |
| BlueNord BNOR.OL | Norway | $1.49B | -6% | +28% | 32% | 2.3× | -12.2% | +15.0% |
| Valeura Energy VLE.TO | Canada | $1.07B | +11% | +6% | 17% | 1.2× | -17.3% | +141.2% |
| NextDecade NEXT | United States | $1.56B | -23% | n/a | n/a | n/a | n/a | n/a |
| Etablissements Maurel & Prom MAU.PA | France | $1.57B | -29% | -11% | 31% | 2.3× | n/a | n/a |
| Vermilion Energy VET.TO | Canada | $1.61B | -9% | -2% | 14% | 1.8× | -0.8% | +9.1% |
| Spartan Delta SDE.TO | Canada | $1.63B | -11% | +93% | 32% | 3.9× | n/a | n/a |
| Energean ENOG.L | United Kingdom | $1.72B | -19% | +9% | 27% | 3.0× | -2.4% | +126.8% |
| Rockhopper Exploration RKH.L | United Kingdom | $937M | -18% | n/a | n/a | n/a | n/a | n/a |
| Meren Energy MER.TO | Canada | $921M | -19% | +388% | 22% | 1.6× | -16.4% | n/a |
| HighPeak Energy HPK | United States | $903M | +23% | -13% | 16% | 2.3× | n/a | n/a |
| Diversified Energy DEC | United States | $899M | -19% | +109% | 15% | 2.3× | -0.5% | +32.3% |
| Select Water Solutions WTTR | United States | $2.09B | -4% | -2% | 4% | 1.7× | n/a | n/a |