Indian Oil Corp. Ltd.

Indian Oil Corp. Ltd.

130.98
INR
+1.37
(+1.06%)
24.92EPS
5.88P/E
1.92TMarket Cap
Oct 30Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
307.9
296.42
237.8
246.27
290.47
366.86
347.54
262.23
425.54
600.91
561.19
547.92
562.02
632.79
Basic EPS, GAAP
4.86
3.37
8.46
13.96
15.61
12.27
-0.65
15.71
18.23
7.11
30.3
9.87
30.57
23.69
Free Cash Flow per Basic Share
10.52
28.46
14.32
16.02
13.07
1.7
-3.77
32.08
14.88
17.45
48.03
21.31
52.38
- -
Dividend per Share
1.26
1.79
2.44
8.98
8.07
8.25
4.21
6.09
7.91
2.4
7.97
6.93
9.95
- -
Book Value per Share
46.62
60.75
61.77
70.08
78.17
79.65
67.56
79.2
96.96
101.46
133.18
135.41
159.4
- -
Tangible Book Value per Share
43.05
57.58
58.36
66.81
74.66
74.17
63.19
74.44
92.07
96.3
127.7
129.49
154.14
- -
Basic Weighted Avg Shares
14,568
14,568
14,218
14,218
14,218
14,162
13,772
13,772
13,772
13,772
13,772
13,772
13,772
13,783
Sales/Revenue/Turnover
4,485,459
4,318,179
3,381,061
3,501,498
4,129,977
5,195,417
4,786,113
3,611,327
5,860,329
8,275,473
7,728,421
7,545,679
7,739,928
8,721,946
Operating Margin (%)
2.5
1.39
5.82
7.88
8.28
5.52
2.25
8.87
6.35
3.13
7.94
2.89
8.82
5.44
Depreciation Expense
63,691
51,904
56,984
68,677
76,679
85,074
102,734
109,415
123,476
131,811
158,661
167,773
184,202
- -
Net Income, GAAP
70,856
49,120
120,225
198,495
221,895
173,767
-8,931
216,382
251,022
97,921
417,297
135,978
420,963
326,480
Effective Tax Rate (%)
30.18
30.55
31.31
27.08
34.32
33.37
- -
29.23
24.97
22.17
24.66
19.19
24
24.41
Profit Margin (%)
1.58
1.14
3.56
5.67
5.37
3.34
-0.19
5.99
4.28
1.18
5.4
1.8
5.44
3.74
Working Capital
-1,770
-61,027
-106,808
-363,682
-342,271
-311,558
-507,826
-459,672
-460,039
-478,119
-579,610
-741,246
-543,950
- -
LT Debt
358,652
342,267
279,413
255,459
230,605
391,525
560,706
609,349
623,082
697,899
531,249
583,344
636,521
- -
Total Equity
690,836
895,633
914,057
1,040,007
1,160,250
1,143,466
962,742
1,128,140
1,351,267
1,432,143
1,881,630
1,910,247
2,255,475
- -
Return on Invested Capital (%)
5.67
3.76
9.48
12.58
12.82
9.68
- -
9.56
11.36
7.09
15.02
5.72
14.67
- -
Return on Capital (%)
6.37
4.52
9.02
13.81
13.8
10.26
- -
10.8
11.16
4.67
15.01
6.09
13.25
- -
Return on Common Equity (%)
10.82
6.28
13.47
20.67
20.55
15.35
-0.86
20.88
20.46
7.17
25.83
7.35
20.74
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
681,703
- -
LT Borrowings
- -
553,090
- -
LT Finance Leases
- -
83,431
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
13,772
13,772
13,772
Market Capitalization
2,292,414
1,864,669
1,919,480

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,568,108
- -
Cash, Cash Equivalents & STI
- -
112,811
- -
Accounts Receivable, Net
- -
146,348
- -
Inventories
- -
1,171,327
- -
Total Current Liabilities
- -
2,112,058
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
681,703
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.2%
15.35%
18.07%
Free Cash Flow
-113.07%
45.81%
145.82%
Net Income, GAAP
-214.93%
84.67%
209.58%
Sales/Revenue/Turnover
11.2%
19.42%
2.57%
Total Cash Common Dividend
47.66%
44.56%
43.55%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,938,449
1,749,761
1,940,145
1,952,703
7,545,679
2026
1,923,407
- -
2,051,574
2,082,893
7,739,928
2027
2,664,073
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.56
-0.12
1.54
5.9
9.87
2026
4.95
- -
9.44
10.5
30.57
2027
-1.18
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
6.93
2026
- -
- -
- -
- -
9.95
2027
- -
- -
- -
- -
- -

Company Description

CEO
Arvinder Singh Sahney
Full Time Employees
29,650
Sector
Energy minerals
Industry
Integrated oil
Address
3079/3, J.B. Tito Marg New Delhi DE India 110049
IPO Date
Oct 9, 1995
Website
iocl.com
Business
Indian Oil Corporation Limited, along with its associated entities, operates as a comprehensive energy major involved in the full spectrum of the hydrocarbon value chain throughout India and globally. The company's primary activities encompass the intricate processes of refining crude oil, its extensive pipeline transportation, and the robust marketing of various petroleum products. Additionally, it is actively engaged in the exploration and production of both crude oil and natural gas, alongside significant operations in petrochemical manufacturing and the sale of natural gas. Its broad portfolio of offerings includes essential fuels such as gasoline, diesel, and cooking gas (LPG under the Indane brand), alongside aviation turbine fuel, kerosene, specialized lubricants (under the SERVO brand), marine oils, and bitumen. Furthermore, Indian Oil produces a wide array of petrochemicals, encompassing polymers and various chemical products, branded as PROPEL. The corporation has also expanded its interests into diverse areas, including the production of explosives and cryogenics, wind and solar power generation, sophisticated lube blending, bunkering services, and offering consultancy in refining and pipeline operations. As of recent updates, the company's operational footprint is impressive, comprising 11 refineries across India with a combined capacity of approximately 80.80 million metric tonnes per annum (MMTPA). Its vast network for transporting crude oil and finished products spans over 20,000 kilometers of cross-country pipelines. Indian Oil serves a broad customer base through more than 60,900 customer touchpoints, which include over 26,000 petrol and diesel stations, 6,565 Kisan Seva Kendra outlets catering to rural markets, and a wide network of LPG distributors. The company is also a leader in electric mobility infrastructure in India, managing over 14,000 EV charging stations and 108 battery swapping facilities as of March 2025. With a commitment to energy transition, Indian Oil has pledged substantial investments towards green initiatives to achieve net-zero operational emissions by 2046. This includes major projects in green hydrogen, sustainable aviation fuel, and a significant expansion of its renewable power capacity. Established in 1959, the company holds the distinction of being India's largest integrated energy company and maintains a global presence with subsidiaries in Sri Lanka, Mauritius, and the Middle East.