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Indian Oil Corporation Ltd

IOC

Indian Oil Corporation Ltd

IOC
EnergyOil & Gas - Refining & Marketing
LargecapWith a market cap of ₹1,96,186 cr, stock is ranked 45
Moderate RiskStock is 2.83x as volatile as Nifty
138.932.59% (-3.69)
138.932.59% (-3.69)

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EnergyOil & Gas - Refining & Marketing
LargecapWith a market cap of ₹1,96,186 cr, stock is ranked 45
Moderate RiskStock is 2.83x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

Avg

Can be considered moderately valued vs the market

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

EnergyOil & Gas - Refining & Marketing
LargecapWith a market cap of ₹1,96,186 cr, stock is ranked 45
Moderate RiskStock is 2.83x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
11.191.048.42%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
12.161.582.12%

Forecast & Ratings

Detailed Forecast 
46%
Analysts have suggested that investors can buy this stock

from 28 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Indian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 7.99%, vs industry avg of 8.87%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 29.61% to 28.43%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 19.15%, vs industry avg of 17.55%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue3,49,840.993,59,881.264,25,822.855,32,256.164,87,902.743,68,645.946,07,263.268,46,879.807,81,740.637,74,641.96
Raw Materialssubtract2,81,445.342,90,251.453,35,384.054,45,642.354,20,543.852,81,284.155,00,663.887,54,191.786,37,567.827,25,443.45
Power & Fuel Costsubtract4,967.594,283.715,184.806,742.215,647.814,796.617,999.148,332.189,098.44
Employee Costsubtract7,501.8010,262.7610,680.7011,596.289,336.9311,308.7811,582.929,359.1411,670.94
Selling & Administrative Expensessubtract5,194.974,069.695,271.235,986.005,258.3319,667.7520,418.988,384.008,424.53
Operating & Other expensessubtract23,473.9312,508.8423,313.0822,930.5638,227.486,963.7114,508.0730,806.1133,944.37
Depreciation/Amortizationsubtract5,698.396,805.927,663.548,506.4510,273.3910,941.4512,347.5813,181.0515,866.1116,947.93
Interest & Other Itemssubtract3,487.213,743.093,875.234,925.415,791.962,932.765,454.077,587.857,880.638,573.33
Taxes & Other Itemssubtract6,049.318,106.3112,260.778,550.20-6,283.879,112.529,186.395,245.5715,558.106,139.91
EPS8.2513.7915.6112.42-0.6515.7118.237.1130.3012.73
DPS2.336.3314.006.172.838.008.403.0012.0012.00
Payout ratio0.280.460.900.50—0.510.460.420.400.94

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
EnergyOil & Gas - Refining & Marketing

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Indian Oil Corporation Ltd4.701.048.42%
Reliance Industries Ltd25.311.900.38%
Bharat Petroleum Corporation Ltd4.901.746.82%
Hindustan Petroleum Corp Ltd4.901.675.70%

Price Comparison

Compare IOC with any stock or ETF
Compare IOC with any stock or ETF
IOC
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding51.50%2.98%7.55%7.90%30.08%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep7.69%7.84%8.85%8.50%7.79%7.90%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Indian Oil Corporation Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Energy Opportunities Fund - Growth - Direct Plan

Growth
0.3309%5.69%0.78%4/32 (+1)
ICICI Prudential Energy Opportunities Fund - Growth - Direct Plan

Growth
0.2028%3.89%3.89%8/48 (+3)
Axis India Manufacturing Fund - Growth - Direct Plan

Growth
0.0536%1.65%0.57%50/94 (+12)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Trend In Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

IOC has shown inconsistent dividend trend over the last 5 years

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 8.21%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹82.07 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateJul 12, 2024

Final
Final | Div/Share: ₹7.00

Dividend/Share

₹7.00

Ex DateEx Date

Jul 12, 2024

Cash Dividend

Ex DateEx DateNov 10, 2023

Interim
Interim | Div/Share: ₹5.00

Dividend/Share

₹5.00

Ex DateEx Date

Nov 10, 2023

Cash Dividend

Ex DateEx DateJul 28, 2023

Final
Final | Div/Share: ₹3.00

Dividend/Share

₹3.00

Ex DateEx Date

Jul 28, 2023

Cash Dividend

Ex DateEx DateAug 11, 2022

Final
Final | Div/Share: ₹2.40

Dividend/Share

₹2.40

Ex DateEx Date

Aug 11, 2022

Cash Dividend

Ex DateEx DateFeb 9, 2022

Interim 2
Interim 2 | Div/Share: ₹4.00

Dividend/Share

₹4.00

Ex DateEx Date

Feb 9, 2022

News & Opinions
Corporate
Indian Oil Corporation senior management changes

Indian Oil Corporation has informed that the following Board of directors have superannuated from the services of the Company on 30 October 2024: Dr. Santanu Gupta, Executive Director (Alternative Energy), Business Development, Shri Sourav De, Executive Director (Human Resources), Pipelines Division), Shri Shyam Bohra, Executive Director I/c (Corporate Communication, Branding & Coordination), Corporate Office, and Shri Debasis Bhattacharyya, Executive Director (Technology Implementation Cell), R&D Centre.Powered by Capital Market - Live

2 days agoCapital Market - Live
Earnings
Indian Oil Corporation reports consolidated net loss of Rs 169.58 crore in the September 2024 quarter

Net loss of Indian Oil Corporation reported to Rs 169.58 crore in the quarter ended September 2024 as against net profit of Rs 13114.30 crore during the previous quarter ended September 2023. Sales declined 2.38% to Rs 174976.12 crore in the quarter ended September 2024 as against Rs 179245.67 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales174976.12179245.67 -2 OPM %1.9812.93 - PBDT2319.1122022.38 -89 PBT-1746.0118412.76 PL NP-169.5813114.30 PL Powered by Capital Market - Live

1 week agoCapital Market - Live
Spotlight
IOCL Q2 PAT drops 99% YoY to Rs 180 cr

The company reported loss before exceptional item and tax of Rs 984.47 crore in Q2 FY25 as compared with profit before exceptional item and tax of Rs 17,169.87 crore reported in Q2 FY24. Exceptional item stood at Rs 1,157.30 crore, due to favourable order from Hon'ble Supreme Court dated 02.08.2024, on the subject of VAT Input Tax Credit under Gujarat VAT Act 2005, a provision created earlier in the books has been written back and disclosed as exceptional item during the current quarter. Domestic sales fell marginally 0.03% to 21.931 million metric tons (MMT) and the export sales dropped 20.95% to 1.030 MMT in Q2 FY25 over Q2 FY24. During the quarter, the refineries throughput was 16.738 MMT (down 5.82% YoY) while the pipelines throughput was 23.985 MMT (up 0.48% YoY). The company's revenue from petroleum products stood at Rs 1,83,247.52 crore (down 3.93% YoY) while the income from the petrochemicals revenue was at Rs 6,813.36 crore (up 3.02% YoY) during the period under review. Average gross refining margin (GRM) for the period April-September 2024 is $4.08 per bbl as compared to $13.12 per bbl reported in April- September 2023. The core GRM or the current price GRM for the period April- September 2024 after offsetting inventory loss/ gain comes to $2.97 per bbl. On the margins front, the company's operating margin reduced to 0.03% in Q2 FY25 from 8.91% posted in Q2 FY24. Net profit margin declined to 1.22% in Q1 FY25 as against 6.22% recorded in the corresponding quarter previous year. Indian Oil Corporation is an Indian government owned oil and gas explorer and producer. As of 30 June 2024, the Government of India held 51.50% stake in the company. The scrip rose 0.51% to end at Rs 147.10 on the BSE.Powered by Capital Market - Live

1 week agoCapital Market - Live
Corporate
Indian Oil to form JV with EverEnviro Resource Management

Indian Oil as entered into a Joint Venture Agreement with EverEnviro Resource Management, a leading biofuels company in the country. This association will pave the way for the formation of a 50:50 joint venture company dedicated to advancing biofuel adoption across the country. The joint venture will focus on integrating advanced biogas technologies to convert organic waste into Compressed Biogas (CBG), a cleaner and renewable energy source. This will significantly reduce greenhouse gas emissions while providing a sustainable alternative to traditional fossil fuels. By leveraging their combined expertise, IndianOil and EverEnviro aim to accelerate the deployment of CBG plants nationwide. These initiatives complement IndianOil's long-term low-carbon development strategy and achievement of operational Net Zero goal by 2046, which will also help in achieving the Net-Zero target for India by the year 2070. CBG offers numerous benefits to India and the environment. For the country, it promotes energy security by reducing dependence on imported fossil fuels and supports the rural economy by creating local employment opportunities. Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Indian Oil Corporation schedules board meeting

Indian Oil Corporation will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Indian Oil Corporation receives ratings action from CARE

Indian Oil Corporation has received credit rating of CARE AAA; Stable / CARE A1+ for bank facilities aggregating Rs 57,750 crore from CARE Ratings. Powered by Capital Market - Live

4 weeks agoCapital Market - Live
Corporate
Indian Oil signs B2B Framework Agreement with Nepal Oil Corporation

Indian Oil Corporation and Nepal Oil Corporation signed a Business to Business (B2B) Framework Agreement today paving the way for the development of critical petroleum infrastructure projects in Nepal. This agreement follows the Government-to-Government (G2G) Memorandum of Understanding (MoU) signed earlier between India's MoP&NG and Nepal's Ministry of Industry, Commerce and Supplies (MoICS) on 31 May 2023. The G2G MoU encompasses the extension of the Motihari - Amlekhgunj Petroleum Pipeline (MAPL) ' South Asia's first transnational petroleum product pipeline, commissioned in 2019 ' to Chitwan, Nepal. Additionally, the MoU covers the construction of oil storage terminals at Chitwan and a new transnational pipeline from IndianOil's facility in Siliguri to Jhapa alongside an oil storage terminal at Jhapa. These projects are expected to transform petroleum logistics between the two countries. These pipelines have been designed to meet the future energy needs of Nepal, with ample storage capacity at both the Chitwan and Jhapa terminals. The B2B Framework Agreement signed today enables IndianQOil and NOC to take up construction on these vital projects. This collaboration is crucial for optimizing the transportation of petroleum products, which will significantly reduce costs for Nepal Oil Corporation by minimizing reliance on tank trucks. Furthermore, the infrastructure is designed for mitigation of handling losses & environmental risks, alleviation of border congestion and strengthening of Nepal's energy security ' especially during natural disasters such as floods and landslides. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Board of Indian Oil withdraws proposal for Rs 22,000 cr rights issue

Indian Oil Corporation announced that the MoP&NG has conveyed that no funds have been allocated for capital support to Oil Marketing Companies (OMC's) in the Budget 2024-25, as against the earlier proposed allocation of Rs. 30,000 crore. Therefore, in view of the Govt. of India's (Promoters) non-participation in the Right Issue, the Board at its meeting held on 30 September 2024 has decided to withdraw the proposed Right Issue of equity shares. Earlier in July, the Board has accorded approval for Raising of capital by way of issue of equity shares on Right basis upto an amount not exceeding Rs. 22,000 crore. Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Indian Oil Corporation Ltd drops for fifth straight session

Indian Oil Corporation Ltd fell for a fifth straight session today. The stock is quoting at Rs 164.2, down 2.52% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.06% on the day, quoting at 25392.05. The Sensex is at 83172.83, up 0.27%.Indian Oil Corporation Ltd has eased around 4.66% in last one month.Meanwhile, Nifty Energy index of which Indian Oil Corporation Ltd is a constituent, has eased around 2.88% in last one month and is currently quoting at 42350.7, down 0.18% on the day. The volume in the stock stood at 140.44 lakh shares today, compared to the daily average of 179.35 lakh shares in last one month. The benchmark September futures contract for the stock is quoting at Rs 164.86, down 2.25% on the day. Indian Oil Corporation Ltd jumped 78.77% in last one year as compared to a 27.59% rally in NIFTY and a 54.06% spurt in the Nifty Energy index.The PE of the stock is 8.34 based on TTM earnings ending June 24.Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
IOCL inks MoU with RINL for supplying hydraulic & lubricating oils till 2029

This MOU will benefit Vizag Steel Plant (VSP) to ensure uninterrupted and continuous supply of lubricants from IOCL to meet the RINL's requirements. IOCL will provide technical support to RINL, Visakhapatnam steel plant in the field of lubrication, condition monitoring of critical and large hydraulic and lube systems, total bulk oil handling and used oil management. IOCL will also provide training for Visakhapatnam steel plant officials in their IOCL R&D centre at Faridabad which would also help RINL to reduce lubricants consumption and to maintain optimum levels of specific lub consumption. Indian Oil Corporation (IOCL) is an Indian government owned oil and gas explorer and producer. As of 30 June 2024, the Government of India held 51.50% stake in the company. On a standalone basis, the company reported 80.78% drop in net profit to Rs 2,643.18 in Q1 FY25 as against Rs 13,750.44 crore posted in Q1 FY24. Revenue from operations (excluding excise duty) declined 2.17% to Rs 1,93,235.52 ‬crore in Q1 FY25 from Rs 1,97,526.57 crore recorded in the corresponding quarter previous year. The scrip rose 0.75% to currently trade at Rs 174.60 on the BSE. Powered by Capital Market - Live

2 months agoCapital Market - Live