Indian Oil Corporation Ltd (IOC)
₹130.15
Mkt cap
₹1.84L Cr
P/E ratio
3.89
P/B
0.79
Div yield
6.34%
ROE
20.50%
ROCE
18.70%
EPS (TTM)
₹33.46
Book value
₹165
52W range
125–189
Sector
Energy
Price history
Previous close
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]
NSE IOCBSE 530965
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−31.12% from high₹130
₹125+4.19% from low₹189
Current
₹130.15
Prev close
₹130.41
Day
−0.20%
Price performance
1D
−0.20%
1W
+0.82%
1M
−0.90%
3M
−7.00%
6M
−9.74%
1Y
−13.30%
YTD
−21.97%
Financials
Revenue, profit & margin
P/E ratio
3.9×
IOC is 52% below the sector median of 8.1×
IOC3.9×
Sector median8.1×
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 179,246 | 199,906 | 198,650 | 193,845 | 174,976 | 194,014 | 195,270 | 192,341 | 178,628 | 205,157 | 208,289 | 266,407 | 253,967 | |
| Expenses | 156,075 | 183,172 | 186,675 | 183,923 | 171,509 | 186,442 | 180,241 | 179,073 | 162,383 | 182,412 | 183,485 | 262,345 | 220,169 | |
| 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 | 33,797 | |
| OPM % | 13% | 8% | 6% | 5% | 2.0% | 3.9% | 8% | 7% | 9% | 11% | 12% | 1.5% | 13% | |
| 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 | 1,322 | |
| 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 | 2,499 | |
| 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 | 4,430 | |
| 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 | 28,191 | |
| Tax % | 26% | 23% | 26% | 23% | -24% | 22% | 17% | 22% | 26% | 24% | 23% | 22% | 20% | |
| 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 | 22,503 | |
| 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 | 15.16 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.17% · closed higher next day 31 of last 58
| Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | Q1FY27 | Q2FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 24 Jan '24◦ | 30 Apr '24◦ | 30 Jul '24◦ | 28 Oct '24◦ | 27 Jan '25◦ | 30 Apr '25◦ | 14 Aug '25 | 27 Oct '25◦ | 5 Feb '26 | 18 May '26◦ | 31 Jul '26◦ | 30 Oct '26◦ |
| Earnings day | +0.17% | +2.69% | −0.70% | −1.97% | −1.28% | +3.93% | −1.61% | −0.44% | +1.73% | +2.42% | +2.52% | — |
| +1 day | +2.27% | +1.13% | −1.76% | −2.46% | −0.43% | +7.76% | −1.49% | +5.08% | +1.40% | +4.73% | +1.02% | — |
| +5 days | +13.56% | −7.25% | −5.86% | −1.64% | −2.59% | +1.55% | −1.74% | +9.05% | +3.08% | +8.02% | +1.31% | — |
| +15 days | +30.36% | −0.53% | −5.01% | −9.80% | −4.61% | +4.50% | −1.07% | +9.10% | +7.92% | +3.85% | −1.19% | — |
| +30 days | +21.47% | +0.06% | −5.30% | −1.89% | +0.52% | +1.80% | +4.83% | +5.07% | −16.31% | +7.44% | −5.81% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202651.50%Promoter
Promoters51.50%
FIIs8.61%0.47
DIIs9.93%0.41
Public10.38%0.06
Government19.57%
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Reliance Industries | ₹1,164.90 | 19.20 | 15,76,405 | 0.52% | 29,550 | +40.64% | 3,30,601 | +29.84% | 10.26% |
| I O C L | ₹130.15 | 3.89 | 1,83,788 | 6.34% | 22,503 | +173.84% | 2,53,967 | +42.18% | 18.66% |
| B P C L | ₹284.90 | 8.80 | 1,23,604 | 6.14% | 4,863 | −22.97% | 1,49,080 | +42.05% | 25.64% |
| H P C L | ₹340.55 | 50.42 | 72,463 | 7.12% | 3,625 | −6.07% | 1,34,407 | +33.27% | 22.24% |
| M R P L | ₹173.15 | 7.32 | 30,346 | 2.31% | 1,901 | +217.15% | 32,516 | +43.57% | 18.03% |
| C P C L | ₹1,511.50 | 3.95 | 22,508 | 4.10% | 2,247 | +212.44% | 20,558 | +25.91% | 34.94% |
| Rajasthan Securities | ₹60.19 | 6.96 | 463 | 0.00% | −5 | −150.73% | 5 | — | 78.63% |
| Median: 8 Co. | ₹229.02 | 8.06 | 51,405 | 3.21% | 2,936 | +85.00% | 83,462 | +33.27% | 20.45% |
Filings
Annual reports15
Concall transcripts24
RECOct 2026TranscriptAug 2026PPTAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026PPTFeb 2026TranscriptOct 2025PPTOct 2025RECOct 2025PPTSep 2025TranscriptAug 2025PPTAug 2025RECAug 2025PPTJun 2025TranscriptMay 2025TranscriptJan 2025RECJan 2025PPTNov 2023PPTMar 2023PPTMar 2022PPTMar 2021TranscriptAug 2018TranscriptNov 2016
Credit ratings6
Announcements5
Investor Handout For Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2026. 30 Oct - IOC issued Q2 FY27 investor handout; standalone PAT ₹21,630 crore, PBT ₹26,617 crore.Unaudited Financial Result (Standalone And Consolidated) For The Quarter And Half-Year Ended 30Th September 2026. 30 OctBoard Meeting Outcome for Unaudited Financial Result (Standalone And Consolidated) For The Quarter And Half-Year Ended 30Th September 2026. 30 Oct - IOC approved Q2 FY27 results; standalone PAT ₹21,630 crore, consolidated PAT ₹21,408 crore.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Oct - IndianOil to hold Q2 FY27 earnings conference call on 31 October 2026 at 11:30 a.m. IST.Intimation Regarding Change In Corporate Identification Number (CIN) Of The Company. 26 Oct - Indian Oil’s CIN changed to L19201MH1959GO1011388 after MoA object clause amendment.