Oil Gas & Consumable Fuels · NIFTY 500

Indian Oil Corporation Limited

NSEIOC BSE530965 ISININE242A01010 SeriesEQ Listed on NSE · BSE

₹146.17 -2.21 (-1.49%) Updated 12 Nov, 6:47 pm IST

Open chart Back to screener

Price, daily close-13.59% in a year

Today

Open: ₹148.35
Prev close: ₹148.38
Day high: ₹148.35
Day low: ₹145.05
Volume: 1.11 Cr
Value traded: ₹161.49 Cr
Upper circuit: ₹149.65
Lower circuit: ₹140.95
52W high: ₹188.96
52W low: ₹124.92
1 month: +15.84%
6 months: +4.19%

52W low52W high

Ratios

Key numbers

Worked out from the latest filings (Consolidated) and today's price. TTM = last four quarters.

Market cap₹206,410 Cr

P/E (TTM)4.26

P/B0.88

Book value / share₹165.18

EPS (TTM)₹34.30

ROE20.3%

Dividend yield5.64%

Dividend (12m)₹8.25 / share

Net margin (TTM)4.6%

Operating margin12.6%

Debt / equity0.60

Current ratio0.85

EV / EBITDA4.05

Sales growth (YoY qtr)+29.83%

Profit growth (YoY qtr)+173.84%

Sales CAGR 3Y-1.78%

Profit CAGR 3Y+62.60%

Shares1,412.12 Cr

Quarterly results

Results for each quarter

Last 12 quarters, consolidated, ₹ crore. Hover a bar to see the number.

Revenue and net profit

2.27L9,030

Dec 23

2.24L5,149

Mar 24

2.20L3,528

Jun 24

1.99L-170

Sep 24

2.20L2,115

Dec 24

2.21L8,124

Mar 25

2.22L6,814

Jun 25

2.06L7,818

Sep 25

2.36L13,007

Dec 25

2.37L14,458

Mar 26

2.82L-1,631

Jun 26

2.68L21,408

Sep 26

Revenue · QoQ (vs last quarter)

—-1.4%-1.7%-9.7%+11%+0.8%+0.2%-6.9%+14%+0.3%+19%-4.9%

Revenue · YoY (vs a year ago)

————-3.2%-1.0%+0.9%+3.9%+7.6%+7.0%+27%+30%

Net profit · QoQ (vs last quarter)

—-43%-31%-105%+1,347%+284%-16%+15%+66%+11%-111%+1,413%

Net profit · YoY (vs a year ago)

————-77%+58%+93%+4,710%+515%+78%-124%+174%

RevenueNet profitLine = trend

6.56

Dec 23

3.74

Mar 24

2.56

Jun 24

-0.12

Sep 24

1.54

Dec 24

5.90

Mar 25

4.95

Jun 25

5.68

Sep 25

9.44

Dec 25

10.50

Mar 26

-1.18

Jun 26

15.54

Sep 26

EPS (₹) · YoY (vs a year ago)

————-77%+58%+93%+4,833%+513%+78%-124%+174%

EPS (₹)Line = trend

₹ Cr	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
Revenue	226,892	223,650	219,864	198,616	219,522	221,360	221,849	206,447	236,257	236,899	281,933	268,039
Other income	1,268	1,454	533	723	1,022	1,238	583	644	1,160	1,775	446	674
Total income	228,160	225,103	220,397	199,339	220,544	222,598	222,432	207,091	237,418	238,674	282,379	268,713
Raw material	121,316	112,865	118,568	107,953	108,344	114,947	109,451	103,246	110,041	110,847	195,318	135,246
Purchases	50,383	52,494	48,664	52,818	53,679	52,601	47,905	46,520	47,812	51,740	71,834	65,366
Employee cost	2,765	2,974	2,817	2,622	2,525	2,916	3,068	2,903	3,029	2,435	2,592	2,928
Other expenses	40,070	38,111	38,885	37,465	40,348	39,011	42,541	42,427	45,472	49,394	29,718	29,472
Total expenses	216,803	217,920	216,127	201,760	218,692	212,834	214,830	196,699	220,057	219,533	284,009	241,171
Operating profit	16,576	11,970	9,920	4,624	8,252	15,030	13,267	16,245	22,745	24,804	4,062	33,797
OPM %	7.3%	5.4%	4.5%	2.3%	3.8%	6.8%	6.0%	7.9%	9.6%	10.5%	1.4%	12.6%
Finance cost	1,800	2,147	2,080	2,546	2,458	2,178	2,070	2,270	2,088	1,880	1,730	2,499
Depreciation	4,686	4,094	4,103	4,065	4,284	4,325	4,179	4,227	4,457	5,557	4,408	4,430
Exceptional items	—	—	—	1,157	680	1.1	—	—	—	—	—	—
Profit before tax	11,358	7,183	4,270	-1,264	2,532	9,765	7,602	10,392	17,360	19,142	-1,630	27,542
Tax	2,780	1,932	1,118	-140	619	1,677	1,942	2,913	4,325	4,615	209	5,688
Net profit	9,225	5,488	3,723	-449	2,147	8,368	6,808	8,191	13,502	15,176	-1,141	22,503
Profit to shareholders	9,030	5,149	3,528	-170	2,115	8,124	6,814	7,818	13,007	14,458	-1,631	21,408
EPS (₹)	6.56	3.74	2.56	-0.12	1.54	5.90	4.95	5.68	9.44	10.50	-1.18	15.54

Profit & loss

Results for each year

8 financial years (April to March), consolidated, ₹ crore.

Sales, operating profit and net profit

6.17L35,22417,377

FY19

5.77L5,101-893

FY20

5.20L40,58521,638

FY21

7.37L47,74225,102

FY22

9.51L30,6999,792

FY23

8.81L75,59141,730

FY24

8.59L37,82913,598

FY25

9.01L77,06242,096

FY26

Revenue · YoY (vs a year ago)

—-6.6%-9.8%+42%+29%-7.4%-2.5%+4.9%

Net profit · YoY (vs a year ago)

—-105%+2,523%+16%-61%+326%-67%+210%

RevenueOperating profitNet profitLine = trend

₹ Cr	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	617,243	576,589	520,237	736,731	951,410	881,235	859,363	901,453
Other income	2,714	2,790	3,500	3,082	4,199	3,843	3,514	4,163
Total expenses	595,414	576,618	494,182	706,760	941,433	829,336	849,411	851,119
Employee cost	11,596	9,337	11,309	11,583	9,359	11,671	10,880	11,435
Operating profit	35,224	5,101	40,585	47,742	30,699	75,591	37,829	77,062
OPM %	5.7%	0.9%	7.8%	6.5%	3.2%	8.6%	4.4%	8.5%
Finance cost	4,888	6,579	3,589	5,423	7,541	7,826	9,262	8,308
Depreciation	8,507	9,855	10,941	12,348	13,181	15,866	16,777	18,420
Profit before tax	24,543	-8,543	29,554	33,053	14,176	55,742	15,303	54,497
Tax	8,653	-5,300	8,989	8,562	3,333	14,127	3,275	13,795
Tax rate %	35.3%	—	30.4%	25.9%	23.5%	25.3%	21.4%	25.3%
Net profit	17,274	-1,877	21,762	25,727	11,704	43,161	13,789	43,677
Profit to shareholders	17,377	-893	21,638	25,102	9,792	41,730	13,598	42,096
Net margin %	2.8%	-0.2%	4.2%	3.4%	1.0%	4.7%	1.6%	4.7%
EPS (₹)	18.41	-0.97	23.57	27.34	7.11	30.30	9.87	30.57

Balance sheet

Assets and debt

At each year end (and the latest half year), ₹ crore.

Equity, debt and assets

1.40L1.49L996

Mar 23

1.83L1.33L1,247

Mar 24

1.86L1.52L673

Mar 25

2.20L1.32L1,833

Mar 26

2.33L1.40L619

Sep 26

Shareholders' equity · YoY (vs a year ago)

—+31%+1.7%+18%—

Shareholders' equityBorrowingsCashLine = trend

₹ Cr	Mar 23	Mar 24	Mar 25	Mar 26	Sep 26
Shareholders' equity	139,720	183,416	186,487	219,518	233,257
Long-term borrowings	69,790	53,125	58,334	63,652	66,403
Short-term borrowings	79,187	79,503	93,936	68,170	73,557
Total borrowings	148,977	132,628	152,271	131,822	139,960
Current liabilities	206,647	216,385	230,599	211,170	240,718
Fixed assets (PPE)	176,532	192,160	197,162	204,473	207,578
Inventories	121,108	121,376	113,878	117,133	154,779
Trade receivables	16,271	13,831	18,551	14,635	24,970
Cash & equivalents	996	1,247	673	1,833	619
Current assets	157,882	157,265	156,131	155,175	203,853
Total assets	441,762	482,362	506,867	528,955	577,161
Debt / equity	1.07	0.72	0.82	0.60	0.60

Cash flow

Cash coming in and going out

For each financial year, ₹ crore. Free cash flow = cash from operations minus spending on fixed assets.

Operating, investing and financing cash

24,570-21,178-2,997

FY22

29,644-28,030-1,794

FY23

71,099-31,464-39,385

FY24

34,699-31,848-3,425

FY25

76,142-22,274-52,672

FY26

Operations · YoY (vs a year ago)

—+21%+140%-51%+119%

OperationsInvestingFinancingLine = trend

₹ Cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	24,570	29,644	71,099	34,699	76,142
Cash from investing	-21,178	-28,030	-31,464	-31,848	-22,274
Cash from financing	-2,997	-1,794	-39,385	-3,425	-52,672
Spent on fixed assets	-22,804	-32,600	-37,175	-34,850	-28,363
Free cash flow	1,767	-2,956	33,923	-151	47,779
Net cash flow	395	-180	250	-573	1,197

Shareholding

Who holds the shares

Promoter and public holding at each quarter end, as filed with NSE.

Holding over time

51.5%Dec 23

51.5%Mar 24

51.5%Jun 24

51.5%Sep 24

51.5%Dec 24

51.5%Mar 25

51.5%Jun 25

51.5%Sep 25

51.5%Dec 25

51.5%Mar 26

51.5%Jun 26

51.5%Sep 26

Promoter & groupPublic

Latest (30 Sep 2026)

51.5%promoter

Promoter & group: 51.50%
Public (FIIs, mutual funds, retail…): 48.50%
Promoter change, last quarter: 0.00 pts

Dividends & news

Latest dividends and announcements

Dividends & corporate actions

Dividend - Rs 1.25 Per ShareEx 14-Aug-2026
Interim Dividend - Rs 2 Per ShareEx 12-Mar-2026
Interim Dividend - Rs 5 Per ShareEx 18-Dec-2025
Dividend - Rs 3 Per ShareEx 08-Aug-2025
Dividend - Rs 7 Per ShareEx 12-Jul-2024
Interim Dividend - Rs 5 Per ShareEx 10-Nov-2023
Dividend - Rs 3 Per ShareEx 28-Jul-2023
Dividend - Rs 2.40 Per ShareEx 11-Aug-2022

Board meetings

the financial results for the period ended September 30, 202630-Oct-2026
INDIAN OIL CORPORATION LIMITED has informed the Exchange about Board Meeting to be held on 30-Oct-2026 to inter-alia consider and approve the Unaudit…30-Oct-2026
the financial results for the period ended Jun 30, 202631-Jul-2026
INDIAN OIL CORPORATION LIMITED has informed the Exchange about Board Meeting to be held on 31-Jul-2026 to inter-alia consider and approve the Unaudit…31-Jul-2026
the financial results for the period ended March 31, 2026 and dividend18-May-2026

Filings with NSE

Analysts/Institutional Investor Meet/Con. Call Updates4 Nov
Updates1 Nov
Updates30 Oct
Updates30 Oct
Outcome of Board Meeting30 Oct
Analysts/Institutional Investor Meet/Con. Call Updates27 Oct
Updates26 Oct

Latest news

Indian Oil Share Price - Live NSE: IOC Stock Price & ChartUpstox · 11 Nov, 6:40 pm IOC Outlook for the WeekEquitypandit · 8 Nov, 1:30 pm JPMorgan flags further boost to OMCs in case oil prices cool further; Check out its top picksCNBC TV18 · 12 Nov, 12:28 pm Indian Oil (NSEI:IOC) Stock Forecast & Analyst PredictionsSimply Wall St · 2 Nov, 1:30 pm Indian Oil Corporation shares rise 2% to Rs 143.05TradingView · 16 Jul, 12:30 pm Indian Oil Corp shares hit 52-week high after multifold jump in Q3 profitBusiness Standard · 6 Feb, 1:30 pm Best Oil & Gas Stocks in IndiaGroww · 20 Apr, 12:30 pm Crude oil at 2-month low: HPCL, BPCL, Asian Paints, IndiGo shares rally; here's whyUpstox · 11 Nov, 7:41 am

About

About Indian Oil Corporation Limited

Indian Oil Corporation Limited (IOCL), is an Indian multinational oil and gas company under the ownership of the Government of India and administrative control of the Ministry of Petroleum and Natural Gas. It is a public sector undertaking which is registered in Mumbai and headquartered in New Delhi. It is the largest government-owned oil producer in the country both in terms of capacity and revenue. It has consolidated refining capacity of 80.55MMTPA.

From Wikipedia (CC BY-SA 4.0).

BRANDS

IndianOil ONE

Company details

Company name: Indian Oil Corporation Limited
NSE symbol: IOC
BSE scrip code: 530965
ISIN: INE242A01010
Listed on: NSE, BSE
Series: EQ (normal equity)
Listed on NSE since: 24 Jul 1996
Face value: ₹10 per share
Market lot: 1 share
Shares issued: 1,412.12 crore
Index: NIFTY 500
Sector (NSE): Oil Gas & Consumable Fuels
Industry: Integrated Oil
Managing director / CEO: A S Sahney
Chair: A S Sahney
Headquarters: New Delhi, Delhi, India
Registered address: 3079/3, Sadiq Nagar, J. B. Tito Marg, New Delhi 110049
Founded: 1959
Employees: 29,650
Financial year: April to March
Results basis: Consolidated
Website: iocl.com

Peers

Other Oil Gas & Consumable Fuels stocks

Prices from NSE via Upstox. Financials from the company's results filed with NSE (XBRL); ratios are our own working. Profile from global-stock-logos (MIT). For information only, not a recommendation to buy or sell.

India, Wall Street, crypto and commodities, live.

Every product, one clear workflow.

Built from data, on the record.

A clearer view of the markets.

Calculators and tools that show the maths.

Read the numbers, not the noise.

Indian Oil Corporation Limited

Today

Ratios

Quarterly results

Revenue and net profit

Profit & loss

Sales, operating profit and net profit

Balance sheet

Equity, debt and assets

Cash flow

Operating, investing and financing cash

Shareholding

Holding over time

Latest (30 Sep 2026)

Dividends & news

Dividends & corporate actions

Board meetings

Filings with NSE

Latest news

About

Company details

Peers