Indian Oil Corporation Ltd (IOC)
₹134.43
Mkt cap
₹1.91L Cr
P/E ratio
5.68
P/B
0.87
Div yield
6.10%
ROE
20.50%
ROCE
18.70%
EPS (TTM)
₹23.67
Book value
₹155
52W range
132–187
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
−28.29% from high₹134
₹132+1.99% from low₹187
Current
₹134.43
Prev close
₹135.15
Day
−0.53%
Price performance
1D
−0.53%
1W
−1.54%
1M
−5.33%
3M
−1.79%
6M
−21.63%
1Y
−3.72%
YTD
−19.40%
Financials
Revenue, profit & margin
P/E ratio
5.7×
IOC is 42% below the sector median of 9.8×
IOC5.7×
Sector median9.8×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 198,551 | 179,246 | 199,906 | 198,650 | 193,845 | 174,976 | 194,014 | 195,270 | 192,341 | 178,628 | 205,157 | 208,289 | 266,407 | |
| Expenses | 174,851 | 156,075 | 183,172 | 186,675 | 183,923 | 171,509 | 186,442 | 180,241 | 179,073 | 162,383 | 182,412 | 183,485 | 262,345 | |
| Operating Profit | 23,700 | 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 % | 12% | 13% | 8% | 6% | 5% | 2.0% | 3.9% | 8% | 7% | 9% | 11% | 12% | 1.5% | |
| Other Income | 970 | 829 | 1,916 | 1,686 | 1,102 | 2,556 | 1,936 | 1,519 | 1,732 | 1,356 | 1,627 | 2,424 | 1,143 | |
| Interest | 1,743 | 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 | 3,476 | 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 | 19,450 | 18,413 | 12,005 | 7,420 | 4,841 | -589 | 2,766 | 10,045 | 8,750 | 11,104 | 17,827 | 19,791 | -933 | |
| Tax % | 24% | 26% | 23% | 26% | 23% | -24% | 22% | 17% | 22% | 26% | 24% | 23% | 22% | |
| Net Profit | 14,735 | 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 | 10.22 | 9.29 | 6.39 | 3.65 | 2.50 | -0.12 | 1.50 | 5.75 | 4.83 | 5.54 | 9.21 | 10.24 | -1.15 | |
| 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
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 31 Oct '23◦ | 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◦ |
| Earnings day | +3.07% | +0.17% | +2.69% | −0.70% | −1.97% | −1.28% | +3.93% | −1.61% | −0.44% | +1.73% | +2.42% | +2.52% |
| +1 day | +5.96% | +2.27% | +1.13% | −1.76% | −2.46% | −0.43% | +7.76% | −1.49% | +5.08% | +1.40% | +4.73% | +1.02% |
| +5 days | +15.33% | +13.56% | −7.25% | −5.86% | −1.64% | −2.59% | +1.55% | −1.74% | +9.05% | +3.08% | +8.02% | +1.31% |
| +15 days | +15.72% | +30.36% | −0.53% | −5.01% | −9.80% | −4.61% | +4.50% | −1.07% | +9.10% | +7.92% | +3.85% | −1.19% |
| +30 days | +38.02% | +21.47% | +0.06% | −5.30% | −1.89% | +0.52% | +1.80% | +4.83% | +5.07% | −16.31% | +7.44% | — |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 2 Per Share | 2.00 | 12 Mar '26 | 12 Mar '26 |
Shareholding
as of Jun 202651.50%Promoter
Promoters51.50%
FIIs9.08%0.76
DIIs9.52%0.42
Public10.32%0.36
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 | ₹1,309.50 | 23.71 | 17,72,085 | 0.46% | 23,196 | +2.02% | 3,09,468 | +27.02% | 10.26% |
| IOC | ₹135.15 | 5.68 | 1,91,266 | 6.10% | −1,141 | −123.93% | 2,66,407 | +38.51% | 18.66% |
| BPCL | ₹312.90 | 8.76 | 1,35,752 | 5.59% | −1,873 | −154.52% | 1,51,277 | +34.41% | 25.64% |
| HINDPETRO | ₹356.90 | 45.38 | 75,836 | 6.79% | −12,265 | −398.34% | 1,40,584 | +26.85% | 22.24% |
| MRPL | ₹173.19 | 10.90 | 30,341 | 2.31% | 946 | +317.07% | 38,254 | +120.41% | 18.03% |
| CHENNPETRO | ₹1,430.20 | 5.10 | 21,303 | 4.34% | 1,031 | +2,671.95% | 27,369 | +84.77% | 34.94% |
| RAJSEC | ₹57.40 | 6.63 | 441 | 0.00% | −5 | −150.73% | 5 | — | 137.57% |
| Median: 8 Co. | ₹243.04 | 9.83 | 53,088 | 3.33% | 0 | −60.96% | 89,419 | +34.41% | 20.45% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
Concall transcripts23
TranscriptAug 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
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 1 Sep - Shareholders approved amended MoA and new AoA, adding businesses like bio-refinery, hydrogen, chemicals, and data centers.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Sep - Indian Oil's 67th AGM on Aug. 31, 2026 passed 9 resolutions, including Rs. 1.25/share final dividend.Change In Senior Management Personnel. 1 Sep - Two senior managers, Rajesh Nambiar and Rajeev Mohan, superannuated on 31 August 2026.Shareholder Meeting / Postal Ballot-Outcome of AGM 31 AugIntimation Regarding Imposition Of Fine By BSE Ltd. & National Stock Exchange Of India Ltd. 26 Aug - BSE and NSE levied ₹14,19,540 each for June 2026 board-composition non-compliance; IOC seeks waiver.