IOC

Indian Oil Corporation Ltd.

NSE: IOC

BSE: 530965

Sector: Oil, Gas & Consumable Fuels

Industry Group: Petroleum Products

Industry: Refineries & Marketing

141.42-0.2 (-0.14%)

3 Jul, 12:59 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

86.1 / 100

Value Score

99.8 / 100

Price Momentum Score

51.0 / 100

QVM Score

96.6 / 100

Key Metrics

Market Cap

2,00,098 Cr

P/E (TTM)

4.75

P/B

0.91

P/S (TTM)

0.26

EV/EBITDA

4.04

CAPE (5Y)

7.37

ROE (TTM)

20.54

ROCE (TTM)

16.97

ROA (TTM)

8.13

Avg 3Y ROE

17.68

Earnings 3Y CAGR

62.60

Sales 3Y CAGR

-2.32

Sales 5Y CAGR

16.60

Debt/Equity

0.60

Consensus TP

150.00

Strong Buy %

25.81

Promoter Holding

51.50

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Indian Oil Corporation Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 4.75 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -62.51%

What is P/E Ratio?

Median: 12.67

Value 4.75

4.71107.49

High and improving ROE

The company reported strong ROE of 20.54% for 12-month ended 31 Mar 2026 and ROE improved by 1326 bps from 1 year ago

What is ROE (FY)?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 209.6% for 12-month ended 31 Mar 2026 and the growth was 146.37 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.6 as on 31 Mar 2026 and Debt to Equity decreased marginally by 0.22 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 87.0 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

87.0 / 100

Healthy dividend yield

The company has a healthy dividend yield of 7.06%

What is Dividend yield?

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -42.81% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of 3.47% for 12-month ended 31 Mar 2026 and the growth was 0.07 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 3.4

Value 3.47

-29.2982.86

Neutral

Low operating margin but improving trend

The company reported low operating margin of 7.62% for 12-month ended 31 Mar 2026 but operating margin improved by 505 bps from 1 year ago

What is Operating profit margin?

Financial Snapshot

See detailed analysis

Multi-year trends for Indian Oil Corporation Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Indian Oil Corporation Ltd. Shareholding Pattern

Quarterly breakdown of Indian Oil Corporation Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.51	51.50	51.51	51.50	51.51	51.50	51.51	51.50	51.50	51.50	51.51	51.50
Indian Promoter	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.50	51.51	51.50	51.51	51.50	51.51	51.50	51.51	51.50	51.50	51.50	51.51	51.50
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	20.70	20.29	19.55	19.48	18.90	19.18	11.89	20.56	19.79	19.80	38.06	38.17	38.45	38.71	38.16	38.35	38.31	37.40	37.91	37.08	36.93	37.34	37.70	38.15	38.53
Mutual Funds / UTI	6.06	6.51	5.74	5.42	4.66	4.05	3.92	3.38	2.29	2.48	2.09	2.00	2.25	2.20	2.09	1.75	2.34	2.38	2.98	2.68	2.72	3.20	3.41	3.22	2.52
FI/Bank/Insurance	7.34	7.35	7.63	8.12	8.32	8.32	0.65	0.64	0.62	0.62	8.98	9.36	9.49	9.19	8.43	7.92	7.70	7.52	7.32	7.28	7.13	7.07	7.00	6.77	6.58
Govt	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	19.48	19.48	19.47	19.48	19.47	19.47	19.47	19.47	19.47	19.47	19.47	19.47	19.47	19.47
FII	7.19	6.33	6.07	5.83	5.81	6.70	7.21	7.94	8.36	8.19	7.22	7.01	6.91	7.56	7.84	8.84	8.49	7.79	7.90	7.43	7.39	7.48	7.69	8.57	9.84
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	8.49	8.41	8.40	19.66	0.31	0.32	0.29	0.32	0.36	0.29	0.24	0.23	0.22	0.22	0.12	0.11	0.11	0.10
Non-Institution	27.80	28.20	28.95	29.02	29.60	29.31	36.60	27.94	28.71	28.69	10.42	10.33	10.05	9.76	10.35	10.14	10.20	11.09	10.60	11.41	11.57	11.15	10.80	10.34	9.97
Bodies Corporate	-	-	-	-	-	-	-	-	-	-	0.34	0.38	0.36	0.35	0.38	0.40	0.38	0.39	0.39	0.44	0.44	0.41	0.35	0.30	0.28
Others (incl. Retail) No. of shareholders	27.80 5,85,964	28.20 7,33,743	28.95 8,22,418	29.02 8,34,290	29.60 9,42,486	29.31 9,40,070	36.60 9,54,800	27.94 11,44,796	28.71 13,34,731	28.69 14,84,125	10.08 17,96,000	9.95 18,14,709	9.69 18,24,260	9.41 17,88,302	9.97 19,69,038	9.74 20,62,080	9.82 24,24,906	10.70 27,25,181	10.21 27,77,662	10.97 30,78,486	11.13 31,85,395	10.74 30,76,151	10.45 29,71,840	10.04 28,12,239	9.69 27,86,256

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	BSE Enhanced Value	6.66%	7 / 30
2	Nifty Next 50	2.15%	19 / 50
3	Nifty Div Opps 50	1.33%	23 / 50
4	Nifty 100 Equal Weight	0.92%	73 / 100
5	Nifty 100	0.39%	69 / 100
6	Nifty 500	0.27%	82 / 499
7	Nifty Total Market	0.26%	83 / 749
8	NIFTY Large Midcap 250	0.19%	174 / 250

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Indian Oil Corporation Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
State Street Msci Acwi Ex Usa Imi Screened Non-Lending Common Trust Fund	14 Jul 2025	sell	₹ 150.65	10.55 lac	₹ 15.89 cr
State Street Msci Acwi Ex Usa Imi Screened Non-Lending Common Trust Fund	14 Jul 2025	buy	₹ 150.65	10.55 lac	₹ 15.89 cr
SOCIETE GENERALE	25 Jan 2024	sell	₹ 143.45	19.84 lac	₹ 28.46 cr
Societe Generale	25 Jan 2024	buy	₹ 143.45	99.69 lac	₹ 143.00 cr
Marshallwaceinvestmentstrategiesmarketneutraltopsfund	25 Jan 2024	buy	₹ 143.45	15.99 lac	₹ 22.93 cr
MARSHALL WACE INVESTMENT STRATEGIES MARKET NEUTRAL TOPS FUND	25 Jan 2024	buy	₹ 143.45	5.97 lac	₹ 8.57 cr
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND	25 Jan 2024	buy	₹ 143.45	9.59 lac	₹ 13.76 cr
Marshall Wace Investment Strategies - Systematic Alpha Plus Fund	25 Jan 2024	buy	₹ 143.45	64.55 k	₹ 92.60 lac
Marshall Wace Investment Strategies - Eureka Fund	25 Jan 2024	buy	₹ 143.45	1.52 lac	₹ 2.18 cr
MARSHALL WACE INVESTMENT STRATEGIES SYSTEMATIC ALPHA PLUS FUND	25 Jan 2024	buy	₹ 143.45	4.27 lac	₹ 6.13 cr

…

Corporate Actions

History of Indian Oil Corporation Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 1.25/share
Record date: 14th Aug 2026Ex-date: 14th Aug 2026
Announced on: 18th May 2026
Dividend₹ 2/share
Record date: 12th Mar 2026Ex-date: 12th Mar 2026
Announced on: 6th Mar 2026
Dividend₹ 5/share
Record date: 18th Dec 2025Ex-date: 18th Dec 2025
Announced on: 12th Dec 2025
Dividend₹ 3/share
Record date: 8th Aug 2025Ex-date: 8th Aug 2025
Announced on: 30th Apr 2025
Dividend₹ 7/share
Record date: 12th Jul 2024Ex-date: 12th Jul 2024
Announced on: 30th Apr 2024

Company Profile

Overview of Indian Oil Corporation Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Indian Oil Corporation Limited is an India-based oil company. The Companys segments include Petroleum Products, Petrochemicals, Gas, and Other Business Activities. Its Other Business Activities segment includes oil and gas exploration activities, explosives and cryogenic business, and wind mill and ...

Key personnel

Shri. Kamal Kumar Gwalani

Compliance Officer, Company Secretary

Shri. Arvinder Singh SahneyD

Chairman of the Board, Director of Marketing

Mr. Anuj JainD

Finance Director, Whole Time Director

Shri. Saumitra Priya SrivastavaD

Director - Marketing, Executive Director

Ms. Rashmi GovilD

Director - Human Resources, Whole-Time Director

Shri. Arvind KumarD

Director - Refineries, Director - Pipelines, Whole-Time Director

Mr. Suman KumarD

Director - Planning & Business Development, Executive Director

Shri. A. AmarnathD

Government Nominee Director

View all

Incorporated on

30 Jun 1959

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

09 Oct 1995

Free Float

3,75,67,54,088

Website

https://www.iocl.com/

Phone no.

+912226427363

Address

3079/3, Sadiq Nagar, J B Tito Marg, NEW DELHI, 110049, India

Frequently Asked Questions

What is the current share price of Indian Oil Corporation Ltd.?

The current share price of Indian Oil Corporation Ltd. is ₹ 141.42 as of 3 Jul 2026.

What is the market capitalisation of Indian Oil Corporation Ltd.?

The market capitalisation of Indian Oil Corporation Ltd. stands at ₹ 2,00,098.00 Cr.

What is the PE ratio of Indian Oil Corporation Ltd.?

The Price-to-Earnings (PE) ratio of Indian Oil Corporation Ltd. is 4.75 as of the latest trailing twelve months data.

What is the ROE and ROCE of Indian Oil Corporation Ltd.?

Indian Oil Corporation Ltd. has a Return on Equity (ROE) of 20.54% and a Return on Capital Employed (ROCE) of 16.97% as per the latest financial reports.

What is the 52-week high and low of Indian Oil Corporation Ltd.?

The 52-week high of Indian Oil Corporation Ltd. is - and the 52-week low is -.

What is the dividend yield of Indian Oil Corporation Ltd.?

The dividend yield of Indian Oil Corporation Ltd. is 7.06% based on the current market price.

What is the FII and DII holding in Indian Oil Corporation Ltd.?

Foreign Institutional Investors (FII) hold 9.84%, Domestic Institutional Investors (DII) hold 9.10% and retail/public investors hold 9.69% of Indian Oil Corporation Ltd. shares.

What sector does Indian Oil Corporation Ltd. belong to?

Indian Oil Corporation Ltd. operates in the Oil, Gas & Consumable Fuels sector. 51.61% of analysts have a Buy or Strong Buy rating on Indian Oil Corporation Ltd. with a consensus target price of ₹ 150.00, implying 5.86% upside from current levels.

What is the beta of Indian Oil Corporation Ltd.?

The beta of Indian Oil Corporation Ltd. is 1.13, indicating its price volatility relative to the broader market. Over the past 1 year, Indian Oil Corporation Ltd. has delivered an absolute return of -0.80%.

What is the RSI of Indian Oil Corporation Ltd.?

The 14-day Relative Strength Index (RSI) of Indian Oil Corporation Ltd. is 50.16, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Indian Oil Corporation Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Indian Oil Corporation Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile

Corporate Actions