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Indian Oil Corp. Ltd.
(IOC)
Indian Oil Corp. Ltd. (IOC) vs. iShares MSCI India ETF (INDA)
Indian Oil Corp. Ltd. Business Overview & Revenue Model
Indian Oil Corp. Ltd. Financial Statement Overview
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.57T | 7.58T | 7.76T | 8.42T | 5.89T | 3.64T |
| Gross Profit | 977.63B | 939.97B | 1.31T | 880.81B | 974.01B | 846.27B |
| EBITDA | 412.65B | 382.60B | 767.68B | 380.98B | 475.77B | 394.27B |
| Net Income | 168.83B | 135.98B | 417.30B | 97.92B | 251.02B | 216.38B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 5.07T | 4.82T | 4.42T | 4.11T | 3.55T |
| Cash, Cash Equivalents and Short-Term Investments | 65.71B | 136.00B | 135.39B | 151.94B | 100.15B | 110.02B |
| Total Debt | 0.00 | 1.52T | 1.33T | 1.49T | 1.32T | 1.17T |
| Total Liabilities | -1.91T | 3.16T | 2.94T | 2.99T | 2.75T | 2.42T |
| Stockholders Equity | 1.91T | 1.86T | 1.83T | 1.40T | 1.34T | 1.12T |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | -1.51B | 339.23B | -29.56B | 15.33B | 260.29B |
| Operating Cash Flow | 0.00 | 346.99B | 710.99B | 296.44B | 245.70B | 498.62B |
| Investing Cash Flow | 0.00 | -318.48B | -314.64B | -280.30B | -211.78B | -242.45B |
| Financing Cash Flow | 0.00 | -34.25B | -393.85B | -17.94B | -29.97B | -262.70B |
Indian Oil Corp. Ltd. Technical Analysis
Indian Oil Corp. Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | ₹1.63T | 6.51 | ― | 4.73% | -1.35% | 61.80% | |
74 Outperform | ₹794.84B | 13.63 | ― | 2.94% | -1.94% | -28.79% | |
72 Outperform | ₹3.55T | 9.37 | ― | 5.21% | 0.10% | -10.18% | |
71 Outperform | ₹329.40B | 15.12 | ― | 2.04% | -11.96% | 14.31% | |
68 Neutral | ₹2.53T | 6.90 | ― | 4.90% | -0.93% | 42.85% | |
67 Neutral | ₹902.94B | 5.86 | ― | 3.26% | -1.81% | 231.75% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% |
Indian Oil Corp. Ltd. Corporate Events
Indian Oil Corporation Limited has announced changes in its senior management, with two executives at one level below the board superannuating from the company effective 28 February 2026. Executive Director in charge of the Western Region Office, Mr. Pitamber Tripathy, and Executive Director in charge of Corporate Communications and Branding at the Corporate Office, Mr. Saurabh Dutt, have retired, indicating upcoming leadership transitions in key regional and branding functions.
These departures may prompt internal realignments as Indian Oil reshapes oversight of its Western regional operations and corporate communication and branding strategy. The changes are disclosed under SEBI’s Listing Obligations and Disclosure Requirements, underscoring the company’s adherence to governance norms and signaling potential adjustments that stakeholders may monitor in the near term.
Indian Oil Corporation Limited has notified stock exchanges that it has published a newspaper advertisement informing shareholders about the proposed transfer of certain equity shares to the Investor Education and Protection Fund (IEPF) Authority. The move concerns shares on which dividends have remained unclaimed for seven consecutive years or more, in line with provisions of the Companies Act, 2013 and related rules, and the company has posted detailed information on the affected shareholders and shares on its website, providing transparency and complying with statutory investor protection requirements.
Indian Oil Corporation Ltd. has announced a series of changes in its senior management cadre, appointing seasoned internal executives to key roles across health, safety and environment, employee relations, LPG, projects, human resources, corporate communications and branding, operations, hydrotreating and technical services, and a state head position. The newly designated leaders—each with roughly three decades of experience within Indian Oil in areas such as refinery projects and maintenance, LPG marketing, supplies and operations, hydroprocessing and alternative energy, and HR—underscore the company’s reliance on deep internal talent to strengthen operational oversight and specialist capabilities across its refineries, marketing, R&D and corporate functions, a move that is likely to support organizational continuity and reinforce its execution capacity in core and emerging business segments.
Indian Oil Corporation Limited has promoted a group of officials to the level of Senior Management Personnel, designating them as Executive Directors in key functional and regional roles across the organisation. The new appointments span health, safety and environment; employee relations; projects and operations in refineries and marketing; corporate strategy and finance; internal audit; branding and corporate communications; as well as state heads for several major regional offices and specialised business development areas including polymers, aromatics and chemicals. The move signals a broad-based strengthening of leadership one level below the board, likely aimed at supporting Indian Oil’s operational scale, regional market presence and strategic initiatives in core and value-added businesses.
Indian Oil Corporation Limited announced an interim dividend of Rs 5 per share for the financial year 2025-26, with December 18, 2025, set as the record date for determining shareholder eligibility. The company also detailed the tax deduction at source (TDS) provisions applicable to both resident and non-resident shareholders, emphasizing compliance with the Income-tax Act, 1961, which mandates tax on dividends in the hands of members.