🔔 Investment Alert
Indian Oil Corporation approves ₹657.33 crore investment for a Yarn Project in Odisha through a joint venture with MCPI Pvt. Ltd.
Indian Oil Corporation Ltd Analyst Rating
based on 31 analysts
43.75%
Buy
25.00%
Hold
31.25%
Sell
Based on 31 analysts offering long term price targets for Indian Oil Corporation Ltd. An average target of ₹166.68
Source: S&P Global Market Intelligence
Indian Oil Corporation Ltd Share analysis
Indian Oil Corporation Ltd price forecast by 31 analysts
Upside of21.59%
High
₹246
Target
₹166.68
Low
₹100
Indian Oil Corporation Ltd target price ₹166.68, a slight upside of 21.59% compared to current price of ₹137.78. According to 31 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Indian Oil Corporation Ltd revenue growth forecast
Expected growth rate Q1, FY2026:
Forecast
Actual
Including amortisation and stock based compensations
Indian Oil Corporation Ltd EPS growth forecast
EPS estimate Q1, FY2026:
Forecast
Actual
Source: S&P Global Market Intelligence
Indian Oil Corporation Ltd Performance
Day's Low
Day's High
₹137.27Day's Price Range₹139.852 Week's Low
52 Week's High
₹117.3552-Week Price Range₹196.8
| Returns % | |
| 1 Month Return | + 0.5 % |
| 3 Month Return | -19.24 % |
| 1 Year Return | + 7.05 % |
| Market Stats | |
| Previous Close | ₹137.08 |
| Open | ₹138.08 |
| Volume | 1.25Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹1,93,573.94Cr |
Indian Oil Corporation Ltd Key Statistics
| P/E Ratio | 10.96 |
| PEG Ratio | -0.72 |
| Market Cap | ₹1,93,573.94 Cr |
| P/B Ratio | 1.31 |
| EPS | 31.34 |
| Dividend Yield | 6.98 |
| Sector | Refineries |
| ROE | 25.44 |
Indian Oil Corporation Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹1,93,573.94 Cr | 12.52% | 0.71 | ₹43,161 Cr | ₹7,76,351 Cr | |
| BUY | ₹16,31,056.46 Cr | 14.11% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
| HOLD | ₹1,25,404.50 Cr | 3.45% | 0.64 | ₹26,858 Cr | ₹4,48,083 Cr | |
| HOLD | ₹85,006.51 Cr | 25.06% | 0.81 | ₹16,014 Cr | ₹4,33,856 Cr | |
| HOLD | ₹19,845.75 Cr | 10.53% | 0.52 | NA | NA |
Indian Oil Corporation Ltd Mutual Fund Holdings
About Indian Oil Corporation Ltd
IOC operates extensively across India and has expanded its presence internationally in countries like Sri Lanka, Mauritius, the UAE, and the United States. The company manages several sub-brands, including IndianOil for its petroleum products, Servo for lubricants, and Indane for LPG cooking gas, which have become household names in India. A notable fact about IOC is its status as India's largest commercial oil company, responsible for nearly half of the country's petroleum products market share. Another interesting fact is that IOC is actively involved in renewable energy projects, such as biofuels and wind power, to diversify its energy portfolio.
Share Price: ₹137.78 per share as on 23 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,93,573.94Cr as of today
Revenue: ₹1,74,976.12Cr as on September 2024 (Q3 24)
Net Profit: ₹-448.78Cr as on September 2024 (Q3 24)
Listing date: 19 Oct, 1995
Chairperson Name: Shrikant Madhav Vaidya
| Organisation | Indian Oil Corporation Ltd |
| Headquarters | New Delhi |
| Industry | Refineries |
| E-voting on shares | Click here to vote |
Key events for Indian Oil Corporation Ltd
IOC Investigates Bribery Allegations and Approves Investment - 23 Dec, 2024
Indian Oil Corporation is investigating bribery allegations against Albemarle Corporation while also approving a ₹657.33 crore investment for a Yarn Project in Odisha.IOC Announces Major Investment in Bihar Expansion - 19 Dec, 2024
Indian Oil Corporation plans to invest over Rs 21,000 crore in Bihar, expanding the Barauni refinery and establishing a city gas distribution network, aiming for significant growth by 2025.IndianOil's Initiatives Amid LNG Trucking Challenges - 17 Dec, 2024
IndianOil backs the Pathfinders Motorbike Expedition focused on Clean Himalayas while facing challenges in LNG trucking expansion due to high costs and boiloff issues.Jefferies Upgrades Indian Oil, Shares Rise 3% - 13 Dec, 2024
Jefferies upgraded Indian Oil Corporation to a buy rating, raising the price target to Rs 185, suggesting a 31% upside. Following this, IOC shares rose 3%, recovering from recent lows despite a broader market decline.Indian Oil Sets Ambitious $1 Trillion Valuation Goal - 11 Dec, 2024
Indian Oil Corporation plans to achieve a $1 trillion valuation by 2047, backed by significant investments in refining capacity and renewable energy. The company aims to expand its pipeline network and address challenges in biomass energy production.Indian Oil Corp Shares Decline Amid Market Activity - 10 Dec, 2024
On December 10, Indian Oil Corporation Ltd. shares fell 1.44% to Rs 144.35, with significant trading volume and a market cap of Rs 203,698.86 crore.Indian Oil Corp Shares Show Slight Increase - 09 Dec, 2024
On December 9, 2024, Indian Oil Corporation Ltd shares rose 0.49% to Rs 142.65, with a market capitalization of Rs 201298.25 crore. The stock's performance indicates a potential upward trend as it trades below its 50-DMA and 200-DMA.IndianOil Launches Phase IX of Social Initiatives - 07 Dec, 2024
IndianOil Chairman launched Phase IX of Parivartan, impacting over 1,650 individuals in prisons and correctional homes. The initiative promotes sports and provides second chances, reflecting the company's commitment to social responsibility.Indian Oil Corporation Faces Earnings Challenges - 06 Dec, 2024
Indian Oil Corporation Ltd (IOC) has experienced a sharp correction due to disappointing quarterly results, including LPG losses and weaker gross refining margins. ICICI Securities maintains a Buy rating with a revised target price of Rs 197, down from Rs 205.Indian Oil Corporation Stock Updates and Forecasts - 05 Dec, 2024
Indian Oil Corporation's stock saw a slight rise, with a BUY rating maintained by Yes Securities. EBITDA estimates for FY25 vary significantly based on government support scenarios.Indian Oil Sees Surge in Fuel Demand - 02 Dec, 2024
Indian Oil Corporation reports an 8.3% increase in petrol sales in November, driven by festive demand. Diesel consumption also hits a six-month high, indicating strong market performance.IndianOil Honored for Sports Development Initiatives - 01 Dec, 2024
Indian Oil Corporation received the Best Corporate Promoting Sports Development award at the FICCI Indian Sports Awards 2024, highlighting its dedication to fostering sports in India through various initiatives.NCLAT Ruling Affects Indian Oil Corporation's Disinvestment - 30 Nov, 2024
The NCLAT ruling highlights a complex legal situation for Indian Oil Corporation Limited, as IOCL opposes a sale due to an existing BOOT agreement with IL&FS that extends until 2039.IndianOil Expands Capacity and Maintains Strong Dividends - 28 Nov, 2024
IndianOil's Chairman has improved refinery operations, while the company boasts an 8.6% dividend yield and plans for substantial growth in renewable energy and petrochemicals by 2050.Indian Oil Secures Crude Deal and Healthcare Initiative - 27 Nov, 2024
Indian Oil Corporation confirmed a 21 million tonne crude import deal with Iraq for 2025. The company also partnered with Arunachal Pradesh to provide haemodialysis machines, enhancing healthcare access in the Northeast. Additionally, shares rose slightly, indicating a bullish trend in the market.Indian Oil Maintains Iraq Deal, Secures Bitumen Orders - 26 Nov, 2024
Indian Oil Corporation has secured bulk bitumen orders worth Rs 57.50 crore and maintained its annual crude import agreement with Iraq at 21 million tonnes for 2025, while also aiming to increase Russian oil imports.
Insights on Indian Oil Corporation Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 2.38% to 2.98% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 7.79% to 7.90% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Hindustan Petroleum Corporation Ltd has given 103.3% return, outperforming this stock by 19.9%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 51.50% of holdings in Sep 2024 quarter
- NO EFFECT
Against Peers
In the last 1 year, Hindustan Petroleum Corporation Ltd has given 56.0% return, outperforming this stock by 48.9%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 4 quarters, 2.01L Cr → 1.77L Cr (in ₹), with an average decrease of 4.1% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, IOC stock has moved down by -19.2%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 6 quarters, 14.43K Cr → -169.58 Cr (in ₹), with an average decrease of 43.9% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 11.08% to 10.60% in Sep 2024 quarter
News
India’s State Oil Refiners Struggle To Get Russia Crude Supplies
Executives from state refiners, including Indian Oil Corp., Bharat Petroleum Corp. and Hindustan Petroleum Corp., said they were unable to procure at least six million barrels of Urals crude they had sought from the spot market.23 Dec, 2024 07:20 PMIndian Oil Board Approves Yarn Project in Odisha, Shares Rise
Indian Oil rises 2% as board approves setting up of yarn project in Odisha. The setting up of the yarn project is approved to be done in a 50:50 Joint Venture (JV) with MCPI Pvt. Ltd. The Oil Indias equity contribution of towards the project stands at Rs 657.33 crore. The companys board approved the setting up of a yarn project at Bhadrak (Odisha) at an estimated cost of Rs 4,382.21 crore. It is hereby informed that the Board at its meeting held today i.e. on 20th December 2024 has accorded Investment approval for setting up of a Yarn Project consisting of 900 TPD Continuous Polymerisation (CP) unit with downstream units of Draw Textured Yarn (DTY), Fully Drawn Yarn (FDY), Polyester chips and associated facilities at Bhadrak (Odisha) at an estimated cost of Rs 4,382.21 crore through (50:50) Joint Venture with MCPI Pvt. Ltd. with IndianOils equity contribution of Rs 657.33 crore.23 Dec, 2024 12:38 PMStock Market Update: Key Developments and Focus Stocks
IOCs board has approved an investment of Rs 657.33 crore for a yarn project in Bhadrak, Odisha.23 Dec, 2024 10:56 AMIndian Oil Corporation Ltd Financials
Index Inclusions
Indian Oil Corporation Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.5% | 0.00 | |
| Foreign Institutions | 7.9% | 1.35 | |
| Mutual Funds | 2.98% | 25.30 | |
| Retail Investors | 10.6% | ||
| Others | 27.03% |
Indian Oil Corporation Ltd Key Indicators
Indian Oil Corporation Ltd Valuation
Indian Oil Corporation Ltd in the last 5 years
Lowest (-95.07x)
June 8, 2020
Today (10.96x)
December 19, 2024
Industry (16.38x)
December 19, 2024
Highest (28.08x)
December 16, 2020
Indian Oil Corporation Ltd Earnings and Dividends
Indian Oil Corporation Ltd Earnings Results
Indian Oil Corporation Ltd’s net profit fell -101.29% since last year same period to ₹-169.58Cr in the Q2 2024-2025. On a quarterly growth basis, Indian Oil Corporation Ltd has generated -104.81% fall in its net profits since last 3-months.
Read More about Earnings ResultsIndian Oil Corporation Ltd Dividends April,2024
In the quarter ending March 2024, Indian Oil Corporation Ltd has declared dividend of ₹7 - translating a dividend yield of 10.94%.
Read More about Dividends
Indian Oil Corporation Ltd Technicals Summary
Bearish
Neutral
Bullish
Indian Oil Corporation Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Indian Oil Corporation Ltd (IOC) share price today is ₹137.78
Indian Oil Corporation Ltd is listed on NSE
Indian Oil Corporation Ltd is listed on BSE
- Today’s highest price of Indian Oil Corporation Ltd is ₹139.8.
- Today’s lowest price of Indian Oil Corporation Ltd is ₹137.27.
PE Ratio of Indian Oil Corporation Ltd is 10.96
PE ratio = Indian Oil Corporation Ltd Market price per share / Indian Oil Corporation Ltd Earnings per share
Today’s traded volume of Indian Oil Corporation Ltd(IOC) is 1.25Cr.
Today’s market capitalisation of Indian Oil Corporation Ltd(IOC) is ₹193573.94Cr.
| Indian Oil Corporation Ltd(IOC | Price |
|---|---|
52 Week High | ₹196.8 |
52 Week Low | ₹117.35 |
Indian Oil Corporation Ltd(IOC) share price is ₹137.78. It is down -29.99% from its 52 Week High price of ₹196.8
Indian Oil Corporation Ltd(IOC) share price is ₹137.78. It is up 17.41% from its 52 Week Low price of ₹117.35
| Indian Oil Corporation Ltd(IOC | Returns |
|---|---|
1 Day Returns | 0.7% |
1 Month Returns | 0.5% |
3 Month Returns | -19.24% |
1 Year Returns | 7.05% |