Indian Oil Corporation Ltd (IOC)
₹138.47
Mkt cap
₹1.95L Cr
P/E ratio
4.64
P/B
0.89
Div yield
5.06%
ROE
20.70%
ROCE
18.80%
EPS (TTM)
₹29.84
Book value
₹155
52W range
132–187
Sector
Energy
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]
Health check
Constructive
ValuationCheap
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−26.14% from high₹138
₹132+5.05% from low₹187
Current
₹138.47
Prev close
₹138.80
Day
−0.24%
Price performance
1D
−0.24%
1W
−2.77%
1M
−3.77%
3M
−3.49%
6M
−12.60%
1Y
−8.27%
YTD
−16.98%
Financials
FRevenue, profit & margin
P/E ratio
4.6×
IOC is 55% below the sector median of 10.4×
IOC4.6×
Sector median10.4×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 203,872 | 198,551 | 179,246 | 199,906 | 198,650 | 193,845 | 174,976 | 194,014 | 195,270 | 192,341 | 178,628 | 205,157 | 208,289 | |
| Expenses | 186,236 | 174,851 | 156,075 | 183,172 | 186,675 | 183,923 | 171,509 | 186,442 | 180,241 | 179,073 | 162,383 | 182,412 | 183,485 | |
| Operating Profit | 17,637 | 23,700 | 23,171 | 16,733 | 11,975 | 9,921 | 3,467 | 7,573 | 15,029 | 13,267 | 16,245 | 22,745 | 24,804 | |
| OPM % | 9% | 12% | 13% | 8% | 6% | 5% | 2% | 4% | 8% | 7% | 9% | 11% | 12% | |
| Other Income | 1,368 | 970 | 829 | 1,916 | 1,686 | 1,102 | 2,556 | 1,936 | 1,519 | 1,732 | 1,356 | 1,627 | 2,424 | |
| Interest | 1,957 | 1,743 | 1,977 | 1,958 | 2,147 | 2,080 | 2,546 | 2,458 | 2,178 | 2,070 | 2,270 | 2,088 | 1,880 | |
| Depreciation | 3,288 | 3,476 | 3,610 | 4,686 | 4,094 | 4,103 | 4,065 | 4,284 | 4,325 | 4,179 | 4,227 | 4,457 | 5,557 | |
| Profit before tax | 13,759 | 19,450 | 18,413 | 12,005 | 7,420 | 4,841 | -589 | 2,766 | 10,045 | 8,750 | 11,104 | 17,827 | 19,791 | |
| Tax % | 21% | 24% | 26% | 23% | 26% | 23% | -24% | 22% | 17% | 22% | 26% | 24% | 23% | |
| Net Profit | 10,841 | 14,735 | 13,713 | 9,225 | 5,488 | 3,723 | -449 | 2,147 | 8,368 | 6,808 | 8,191 | 13,502 | 15,176 | |
| EPS in Rs | 7.29 | 10.22 | 9.29 | 6.39 | 3.65 | 2.50 | -0.12 | 1.50 | 5.75 | 4.83 | 5.54 | 9.21 | 10.24 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
31 Jul '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.47% · closed higher next day 29 of last 57
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 28 Jul '23◦ | 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 | 28 May '26◦ |
| Earnings day | −1.57% | +3.07% | +0.17% | +2.69% | −0.70% | −1.97% | −1.28% | +3.93% | −1.61% | −0.44% | +1.73% | −2.57% |
| +1 day | −1.31% | +5.96% | +2.27% | +1.13% | −1.76% | −2.46% | −0.43% | +7.76% | −1.49% | +5.08% | +1.40% | −3.57% |
| +5 days | −2.52% | +15.33% | +13.56% | −7.25% | −5.86% | −1.64% | −2.59% | +1.55% | −1.74% | +9.05% | +3.08% | −3.95% |
| +15 days | −3.57% | +15.72% | +30.36% | −0.53% | −5.01% | −9.80% | −4.61% | +4.50% | −1.07% | +9.10% | +7.92% | −0.35% |
| +30 days | −3.88% | +38.02% | +21.47% | +0.06% | −5.30% | −1.89% | +0.52% | +1.80% | +4.83% | +5.07% | −16.31% | −2.77% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Interim Dividend - Rs 2 Per Share | 2.00 | 12 Mar '26 | 12 Mar '26 |
Shareholding
Sas of Jun 202651.50%Promoter
Promoters51.50%
FIIs9.08%0.76
DIIs9.52%0.42
Public10.32%0.36
Government19.57%
Ownership trend
Peers
P7 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 | ₹1,278.00 | 23.09 | 17,25,186 | 0.47% | 23,196 | +2.02% | 3,09,468 | +27.02% | 10.26% |
| I O C L | ₹138.47 | 4.64 | 1,95,495 | 5.06% | 15,176 | +77.99% | 2,08,289 | +6.67% | 18.78% |
| B P C L | ₹310.15 | 8.68 | 1,34,537 | 5.64% | −1,873 | −154.52% | 1,51,277 | +34.41% | 25.69% |
| H P C L | ₹381.10 | 48.51 | 81,081 | 6.36% | −12,265 | −398.34% | 1,40,584 | +26.85% | 22.23% |
| M R P L | ₹169.75 | 10.68 | 29,733 | 2.36% | 946 | +317.07% | 38,254 | +120.41% | 18.03% |
| C P C L | ₹1,214.80 | 4.33 | 18,091 | 5.10% | 1,031 | +2,671.95% | 27,369 | +84.77% | 35.11% |
| Rajasthan Securities | ₹54.40 | 5.16 | 418 | 0.00% | 61 | +9,025.37% | 61 | — | 137.57% |
| Median: 9 Co. | ₹169.75 | 10.41 | 29,733 | 2.43% | 61 | +77.99% | 38,254 | +30.71% | 18.80% |
Filings
DAnnual reports15
Financial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011nse
Concall transcripts21
Credit ratings6
Announcements5
Board Meeting Intimation for Consideration Of Unaudited Financial Results For The Quarter Ended 30Th June 2026. 17 Jul - Board meeting on 31 July 2026 to approve Q1 FY27 standalone and consolidated results; trading window closed till 2 August 2026.E-Mail Communication To The Member Of Indian Oil Corporation Limited - Deduction Of TDS On Final Dividend For The Year 2025-26. 15 Jul - IOCL communicated TDS rules for FY2025-26 final dividend of Rs1.25 per share; record date August 14, 2026.Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Jul - Newspaper Advertisement of the Notice to Shareholders regarding special window for re-lodgment of transfer requests of physical shares.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 2 JulFixation Of Record Date For Final Dividend For The Year 2025-26 30 Jun - Record date fixed for final dividend of Rs. 1.25 per share on 14 August 2026.