OILANDNATURALGAS / guidance tracker

Keep management guidance in view.

Oil and Natural · forward-looking guidance across the available source record.

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Guidance tracker

What management said would happen.

FY27 standalone production target: 42.5 MMT oil and gas equivalent

Management targets 42.5 million metric tonnes of oil and gas equivalent for FY27, with oil at ~21 MMT and gas at ~21.5 MMT.

growth

FY27 capex guidance: ₹32,000-33,000 crore

Capex for FY27 is expected to remain in the range of ₹32,000-33,000 crore, primarily for exploration and production.

capex

Cost reduction target: ₹1,000 crore additional savings in FY27

Management targets an additional ₹1,000 crore in cost savings through inventory rationalization, logistics optimization, and renewable energy integration.

margins

New well gas share to increase to ~24% by FY27

The share of new well gas in total gas production is expected to rise from 18% to around 24% by FY27, driven by incremental output from nomination fields.

growth