Indian Oil Corp. Ltd. (IN:IOC)
:IOC
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IOC Stock Chart & Stats
₹145.85
₹0.27(0.20%)
At close: 4:00 PM EST
₹145.85
₹0.27(0.20%)
Day’s Range― - ―
52-Week Range₹130.30 - ₹188.90
Previous CloseN/A
Volume14.25M
Average Volume (3M)690.79K
Market Cap
₹1.95T
Enterprise Value₹3.25T
Total Cash (Recent Filing)₹128.02B
Total Debt (Recent Filing)₹1.47T
Price to Earnings (P/E)4.5
Beta1.21
Next Earnings
Jul 24, 2026EPS Estimate
-5.54Next Dividend Ex-DateN/A
Dividend Yield4.9%
Share Statistics
EPS (TTM)18.07
Shares Outstanding14,121,238,000
10 Day Avg. Volume815,365
30 Day Avg. Volume690,788
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.85
Price to Sales (P/S)0.24
P/FCF Ratio4.29
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹142.50Price Target Upside-2.30% Downside
Rating ConsensusHold
Number of Analyst Covering2
EPS Forecast (FY)10.31
Revenue Forecast (FY)₹9.39T
Bulls Say, Bears Say
Bulls Say
Integrated Business Model & Extensive Retail NetworkIOC’s vertically integrated model — refining, pipelines, marketing, retail and petrochemicals — creates durable scale and margin advantages. A nationwide retail and distribution footprint delivers stable volumes, diversified end markets, and recurring cash flow that support long-term resilience.
Improving Leverage And Equity BaseA sustained reduction in leverage and a stronger equity ratio enhance financial flexibility and credit resilience. Lower relative debt improves capacity to fund maintenance and growth capex, reduces interest burden over time, and increases ability to withstand commodity cycles.
Sustained Revenue Growth With Stable Gross MarginsMaterial top-line growth combined with a consistent gross margin indicates durable demand and operational control across refining and petrochem segments. Stable gross profitability supports long-term cash generation potential and underpins reinvestment capacity into strategic assets.
Bears Say
Negative Free Cash Flow Due To Heavy CapexNegative free cash flow driven by elevated capex constrains internal funding for deleveraging, dividends or strategic initiatives. Reliance on external financing to cover investment needs increases refinancing and liquidity risk, especially if commodity margins weaken or funding costs rise.
Volatile And Declining Net MarginsLarge swings in net profitability highlight sensitivity to crude/feedstock costs, refining spreads and product mix. Margin volatility undermines earnings predictability, complicates capital allocation decisions and increases the risk that downturns sharply reduce available cash for investment or returns.
High Absolute Debt Level Remains A RiskDespite improving ratios, the company carries a substantial nominal debt burden. High absolute debt elevates interest expense exposure and refinancing risk, limiting strategic flexibility and increasing vulnerability to rising rates or prolonged margin compression.
Indian Oil Corp. Ltd. News
IOC FAQ
What was Indian Oil Corp. Ltd.’s price range in the past 12 months?
Indian Oil Corp. Ltd. lowest stock price was ₹130.30 and its highest was ₹188.90 in the past 12 months.
What is Indian Oil Corp. Ltd.’s market cap?
Indian Oil Corp. Ltd.’s market cap is ₹1.95T.
When is Indian Oil Corp. Ltd.’s upcoming earnings report date?
Indian Oil Corp. Ltd.’s upcoming earnings report date is Jul 24, 2026 which is in 44 days.
How were Indian Oil Corp. Ltd.’s earnings last quarter?
Indian Oil Corp. Ltd. released its earnings results on May 18, 2026. The company reported ₹10.5 earnings per share for the quarter, beating the consensus estimate of ₹5.762 by ₹4.738.
Is Indian Oil Corp. Ltd. overvalued?
According to Wall Street analysts Indian Oil Corp. Ltd.’s price is currently Overvalued.
Does Indian Oil Corp. Ltd. pay dividends?
Indian Oil Corp. Ltd. pays a Notavailable dividend of ₹2 which represents an annual dividend yield of 4.9%. See more information on Indian Oil Corp. Ltd. dividends here
What is Indian Oil Corp. Ltd.’s EPS estimate?
Indian Oil Corp. Ltd.’s EPS estimate is -5.54.
How many shares outstanding does Indian Oil Corp. Ltd. have?
Indian Oil Corp. Ltd. has 14,121,238,000 shares outstanding.
What happened to Indian Oil Corp. Ltd.’s price movement after its last earnings report?
Indian Oil Corp. Ltd. reported an EPS of ₹10.5 in its last earnings report, beating expectations of ₹5.762. Following the earnings report the stock price went down -2.007%.
Which hedge fund is a major shareholder of Indian Oil Corp. Ltd.?
Currently, no hedge funds are holding shares in IN:IOC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Indian Oil Corp. Ltd.
Indian Oil Corporation Limited (IOC.NS), together with its subsidiaries, operates as a leading integrated energy company in India. Its core business spans the refining of crude oil, pipeline transportation, and the widespread marketing and distribution of petroleum products throughout the country. Beyond these primary activities, IOC is also involved in the exploration and production of crude oil and natural gas, the manufacturing of petrochemicals, and the supply of natural gas. The company's diverse product portfolio includes essential fuels such as petrol (gasoline), diesel (gas oil), auto gas, cooking gas (LPG), and aviation fuel, alongside lubricants, greases, kerosene, bulk and industrial fuels, marine oils, and bitumen. Furthermore, IOC provides a variety of specialized industrial derivatives like carbon black feedstock, raw petroleum coke, sulfur, paraffin wax, jute batching oil, microcrystalline wax, mineral turpentine oil, toluene, propylene, benzene, and petcoke. The firm's operations extend to various other sectors, including explosives and cryogenic services, the generation of wind and solar power, lubricant blending, bunkering services, refining and pipeline consultancy, and the sale of lubricants and base oils. Indian Oil Corporation maintains an extensive infrastructure across India, featuring approximately 9 refineries and nearly 15,000 kilometers of pipelines. Its vast distribution network encompasses about 34,559 fuel stations, including 11,026 Kisan Seva Kendra outlets, 120 terminals and depots, 101 LPG bottling and distribution plants, and 126 aviation fuel stations. The network also includes 6,993 consumer pumps, 12,813 LPG distributors, 1,488 CNG stations, 10 lubricant blending facilities, and 2,179 EV charging stations, 34 of which offer battery swapping capabilities. In its upstream segment, the company holds a portfolio comprising 9 exploration and production blocks situated within India. Established in 1958, Indian Oil Corporation Limited is headquartered in New Delhi, India.
IOC Stock 12 Month Forecast
Average Price Target
₹142.50
▼(-2.30% Downside)
Technical Analysis
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