Indian Oil Corp
Market cap ₹1.82 L Cr
- P/E
- 5.21
- Day range
- ₹126.50 – ₹130.31
- 52-week range
- ₹124.92 – ₹188.96
- Volume
- 71.41 L
- Open
- ₹130.00
- Prev close
- ₹130.98
Latest results · Q1 FY27(consolidated)Revenue ₹2,81,933 Cr+27.1%Profit ₹-1,141 Cr-116.8%Margin -0.4%YoY vs the same quarter last year
1 red flag to read up on
- medium
Material exchange filing
Clarification sought from Indian Oil Corporation Ltd · 30 Sept 2026
From NSE and BSE filings. A flag is a reason to read the filing, not a rating.
IOC in NSE indices and F&O
F&O margin for one lot of IOC (4,875 shares)Research profile
Composite 64 / 100Factor percentiles
Derived metrics
- Earn. yield
- 19.2%
- Graham no.
- ₹286.10
- vs Graham
- +121.6%
- ROE ÷ P/B
- 25.5%
- 12-1 mom.
- -9.8%
- Return / vol
- -0.60
- Magic Formula
- #50
- Piotroski
- 6/6
- FCF yield
- 26.2%
- PEG
- 0.06
Appears in 13 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 48 in Energy| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Reliance IndustriesRELIANCE | ₹16.10 L Cr | 21.55 | 1.78 | 11.0% | 10.0% | 15.0% | 0.45 | +27.0% |
| Adani PowerADANIPOWER | ₹3.51 L Cr | 19.26 | 5.49 | 21.4% | 17.0% | 42.0% | 0.84 | +34.0% |
| NTPCNTPC | ₹2.89 L Cr | 10.41 | 1.42 | 14.2% | 9.0% | 32.0% | 1.33 | +7.8% |
| Oil & Natural Gas CorpONGC | ₹2.86 L Cr | 6.58 | 0.77 | 13.9% | 14.0% | 8.0% | 0.47 | +25.7% |
| Coal IndiaCOALINDIA | ₹2.45 L Cr | 7.85 | 2.09 | 28.1% | 35.0% | 26.0% | 0.12 | +7.8% |
| Power Grid CorpPOWERGRID | ₹2.30 L Cr | 14.47 | 2.29 | 16.5% | 9.0% | 82.0% | 1.47 | +2.7% |
| Adani Green EnergyADANIGREEN | ₹1.95 L Cr | 107.74 | 9.54 | 12.4% | 7.0% | 89.0% | 5.48 | +41.6% |
| Indian Oil CorpIOC | ₹1.82 L Cr | 5.21 | 0.85 | 21.5% | 19.0% | 1.5% | 0.60 | +38.5% |
| Sector median | ₹38,531 Cr | 18.14 | 1.89 | 13.8% | 11.5% | 26.0% | 0.77 | +20.7% |
Sector as classified in the tracked universe; medians use every tracked Energy company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 10h agoHeadlines about Indian Oil Corp from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 5.4
- EPS (TTM)
- ₹24.44
- Price / Book
- 0.83
- ROE (FY26)
- 21.5%
- ROCE (latest year)
- 19%
- Dividend yield
- 6.39%
Moving averages (NSE)
- 20-day
- ₹130.3
- Price below
- 50-day
- ₹134.35
- Price below
- 200-day
- ₹146.3
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- Government
- Public
- DII
- FII
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 30 Jun 2022: earlier bars are per pre-bonus share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,79,246 | 1,99,906 | 1,98,650 | 1,93,845 | 1,74,976 | 1,94,014 | 1,95,270 | 1,92,341 | 1,78,628 | 2,05,157 | 2,08,289 | 2,66,407 |
| Expenses | 1,56,075 | 1,83,172 | 1,86,675 | 1,83,923 | 1,71,509 | 1,86,442 | 1,80,241 | 1,79,073 | 1,62,383 | 1,82,412 | 1,83,485 | 2,62,345 |
| Operating Profit | 23,171 | 16,733 | 11,975 | 9,921 | 3,467 | 7,573 | 15,029 | 13,267 | 16,245 | 22,745 | 24,804 | 4,062 |
| OPM % | 13% | 8% | 6% | 5% | 2% | 3.9% | 8% | 7% | 9% | 11% | 12% | 1.5% |
| Other Income | 829 | 1,916 | 1,686 | 1,102 | 2,556 | 1,936 | 1,519 | 1,732 | 1,356 | 1,627 | 2,424 | 1,143 |
| Interest | 1,977 | 1,958 | 2,147 | 2,080 | 2,546 | 2,458 | 2,178 | 2,070 | 2,270 | 2,088 | 1,880 | 1,730 |
| Depreciation | 3,610 | 4,686 | 4,094 | 4,103 | 4,065 | 4,284 | 4,325 | 4,179 | 4,227 | 4,457 | 5,557 | 4,408 |
| Profit before tax | 18,413 | 12,005 | 7,420 | 4,841 | -589 | 2,766 | 10,045 | 8,750 | 11,104 | 17,827 | 19,791 | -933 |
| Tax % | 26% | 23% | 26% | 23% | -24% | 22% | 17% | 22% | 26% | 24% | 23% | 22% |
| Net Profit | 13,713 | 9,225 | 5,488 | 3,723 | -449 | 2,147 | 8,368 | 6,808 | 8,191 | 13,502 | 15,176 | -1,141 |
| EPS in Rs | ₹9.29 | ₹6.39 | ₹3.65 | ₹2.50 | ₹-0.12 | ₹1.50 | ₹5.75 | ₹4.83 | ₹5.54 | ₹9.21 | ₹10.24 | ₹-1.15 |
From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
-7 days since Mar 2021
-43 days since Mar 2021
-16 days since Mar 2021
-35 days since Mar 2021
+28 days since Mar 2021
Strengths, risks & growth
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI [1] that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India. [2]
Strengths
- Stock is trading at 0.83 times its book value
- Stock is providing a good dividend yield of 6.39%.
- Company has been maintaining a healthy dividend payout of 32.3%
Risks
None flagged by the checklist.
Compounded Sales Growth
- 10 Years
- +9%
- 5 Years
- +17%
- 3 Years
- -2%
- TTM
- +13%
Compounded Profit Growth
- 10 Years
- +14%
- 5 Years
- +14%
- 3 Years
- +62%
- TTM
- +111%
Stock Price CAGR
- 10 Years
- +2%
- 5 Years
- +8%
- 3 Years
- +14%
- 1 Year
- -14%
Return on Equity
- 10 Years
- +16%
- 5 Years
- +16%
- 3 Years
- +17%
- Last Year
- +20%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 51.50% | 51.50% | 51.50% | 51.50% | 0.00 pp |
| FII | 8.57% | 9.84% | 9.08% | 8.61% | -0.47 pp |
| DII | 10.00% | 9.10% | 9.52% | 9.93% | +0.41 pp |
| Government | 19.57% | 19.57% | 19.57% | 19.57% | 0.00 pp |
| Public | 10.34% | 9.96% | 10.32% | 10.38% | +0.06 pp |
Filed with NSE for Sept 2026: promoters 51.50%, public 48.50% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 3.16% (+0.45 pp)- Promoters51.5%
- Foreign institutions8.6%
- Mutual funds3.2%
- Insurance6.7%
- Other domestic institutions0.1%
- Retail5.4%
- Others24.4%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Kotak Arbitrage Fund | 0.28% | 0.69% | -0.01 pp |
| SBI Contra Fund | 0.26% | 1.08% | +0.02 pp |
| ICICI Pru Aggressive Hybrid Fund | 0.20% | 0.73% | +0.61 pp |
| ICICI Pru Large & Mid Cap Fund | 0.17% | 0.98% | +0.98 pp |
| SBI Arbitrage Fund | 0.14% | 0.56% | +0.30 pp |
Scorecard
- Performance
- Low
- Valuation
- Low
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 26.0%
- Downside volatility
- 26.7%
- Worst 5% of days
- 2.9%
- Average of that tail
- 4.0%
- Max drawdown (1Y)
- 33.1%
- Below its peak
- 31.1%
Against the market
- Beta vs Nifty 50
- 1.12
- Correlation
- 0.57
- Relative strength (3M)
- -2.4%
- ATR (14)
- 2.2%
Return
- Return 1M
- -6.3%
- Return 3M
- -7.7%
- Return 6M
- -12.4%
- Return 1Y
- -15.5%
- vs 200-day average
- -11.8%
Momentum
- RSI (14)
- 43.7
- MACD histogram
- 0.38
- Stochastic %K
- 44.2
- ADX (14)
- 24.1
- +DI / −DI
- 16.4 / 23.3
- Money flow index
- 25.7
Participation
- Delivery (20d avg)
- 53.4%
- vs its 60-day baseline
- -1.2 pts
- Volume vs 20-day
- -0.5σ
- Close vs day's VWAP
- +1.0%
- 52-week position
- 6 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
Piotroski F-Score
6 of 6 tested
- Return on assets positive — passed
- Operating cash flow positive — not testableno cash flow statement for this period
- Return on assets improving — passed
- Cash flow exceeds profit — not testableneeds cash flow and profit against assets
- Debt to assets falling — passed
- Current ratio improving — passed
- No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
- Operating margin improving — passed
- Asset turnover improving — passed
- Free cash flow
- ₹47,779 Cr
- FCF yield
- 26.2%
- Cash conversion
- 1.74
- Accruals ratio
- -0.061
- Net debt
- ₹1.30 L Cr
- Net debt / equity
- 0.59
- EV / sales
- 0.32
- PEG
- 0.06
- Capex intensity
- 3.1%
- Revenue CAGR
- 7.0%
- Profit CAGR
- 81.4%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Model simulation
30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.
Lower edge (10th percentile)
₹127.16
-1.5%
Upper edge (90th percentile)
₹134.71
+4.4%
The marker is the last close, ₹129.09. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹129.86 (+0.6%), which is the centre of the simulation and not an expected or target price.
The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.
Corporate actions
- dividend₹1.25
Dividend - Rs 1.25 Per Share
14 Aug 2026ex-date - dividend₹2.00
Interim Dividend - Rs 2 Per Share
12 Mar 2026ex-date - dividend₹5.00
Interim Dividend - Rs 5 Per Share
18 Dec 2025ex-date - dividend₹3.00
Dividend - Rs 3 Per Share
8 Aug 2025ex-date - dividend₹7.00
Dividend - Rs 7 Per Share
12 Jul 2024ex-date - dividend₹5.00
Interim Dividend - Rs 5 Per Share
10 Nov 2023ex-date - dividend₹3.00
Dividend - Rs 3 Per Share
28 Jul 2023ex-date - dividend₹2.40
Dividend - Rs 2.40 Per Share
11 Aug 2022ex-date - bonusNot available — not reported in this filing
Bonus 1:2
30 Jun 2022ex-date - dividend₹4.00
Interim Dividend - Rs 4 Per Share
9 Feb 2022ex-date - dividend₹5.00
Interim Dividend - Rs 5 Per Share
11 Nov 2021ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
5 Aug 2021ex-date - dividend₹3.00
Interim Dividend - Rs 3 Per Share
23 Mar 2021ex-date - dividend₹7.50
Interim Dividend - Rs 7.50 Per Share
9 Feb 2021ex-date - dividend₹4.25
Interim Dividend - Rs 4.25 Per Share
23 Mar 2020ex-date - dividendNot available — not reported in this filing
Annual General Meeting/Dividend - Re 1 Per Share
21 Aug 2019ex-date - dividend₹1.50
Interim Dividend - Rs 1.50 Per Share
27 Mar 2019ex-date - dividend₹6.75
Interim Dividend - Rs 6.75 Per Share
21 Dec 2018ex-date - buybackNot available — not reported in this filing
Buyback
21 Dec 2018ex-date - dividend₹2.00
Dividend Rs 2 Per Share
20 Aug 2018ex-date - bonusNot available — not reported in this filing
Bonus 1:1
15 Mar 2018ex-date
Company announcements
Indian Oil Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/10/2026 ,inter alia, to consider and approve unaudited financial ....
Newspaper Advertisement of the Notice to Shareholders regarding special window for re-lodgment of transfer requests of physical shares.
Certificate under Reg 74 (5) of SEBI (DP) Regulations, 2018
Change in Senior Management Personnel.
The Exchange has sought Clarification from Indian Oil Corporation Ltd with reference to the media report appearing on https://www.thehindu.com/ dated September 30, 2026 (Link : https://www.thehindu.com/news/cities/Hyderabad/indian-oil-plans-to-launch-packaged-drinking-water-under-own-brand-across-43000-fuel-outlets/article71523220.ece) ....
Closure of Trading Window w.e.f. 01.10.2026 for Insiders.
Investment approval for Kochi-Kanyakumari-Thoothukudi Natural Gas Pipeline.
Appointment of Statutory Auditors for F.Y. 2026-27
Cessation of Dr. Alka Mundra as Independent Director w.e.f 18.09.2026.
Amendments to Memorandum & Articles of Association of the Company.
Voting Results & Scrutinizer's Report -AGM 2025-26
Change in Senior Management Personnel.
The summary of the proceedings of the 67th Annual General Meeting of the Company held on Monday August 31, 2026.
Intimation regarding imposition of fine by BSE Ltd. & National Stock Exchange of India Ltd.
Appointment of Independent Director on the Board of Indian Oil Corporation Limited.
Filed with BSE (scrip 530965); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlides
- May 2026TranscriptSlidesRecording
- Feb 2026Slides
- Oct 2025TranscriptSlidesRecording
- Sep 2025Slides
- Aug 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 8 Oct from care
- Rating update · 23 Sep from crisil
- Rating update · 20 Aug from crisil
- Rating update · 29 Jun from fitch
- Rating update · 19 Jun from icra
- Rating update · 20 May from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 1 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Indian Oil Corp: common questions
Answered from the figures on this page.
