Indian Oil Corporation

NSE: IOC · Oil & Gas · PSU

₹147.81

▼ -1.46%

HOLD

Illustrative research · not investment advice Demo price · quote unavailable · Fundamentals and research: sample dataset (30 Oct 2026)

Price chart

Illustrative price history · not actual market candles

A. Company overview

India's largest refiner and fuel retailer.

Market cap

₹6,65,433 Cr

Industry / Sector

Oil & Gas

Segments

Website

Visit ↗

RefiningPipelinesMarketingPetrochemicals

B. Fundamental analysis (illustrative)

Revenue growth

+20.15%

Net profit growth

+27.00%

Operating margin

29.47%

EBITDA margin

36.27%

ROE

10.32%

ROCE

13.2%

Debt / Equity

0.11

EPS

₹21.24

Operating cash flow

₹61,377 Cr

Working capital

₹15,958 Cr

5-year revenue & profit (₹ Cr)

C. Financial statements (illustrative)

₹ Cr	FY22	FY23	FY24	FY25	FY26
Revenue	1,38,695	1,45,597	1,60,569	1,77,300	1,99,469
EBITDA	45,717	49,160	57,004	62,328	72,349
Net profit	28,573	30,725	35,628	38,955	45,218
EPS (₹)	14.87	16.57	18.27	19.97	21.66

D. Valuation analysis

P/E

6.96

P/B

7.7

EV/EBITDA

23.98

Price/Sales

5.18

EPS

₹21.24

Dividend yield

5.17%

Peer comparison — Oil & Gas

Company	CMP	P/E	P/B	ROE	D/E
Indian Oil Corporation	147.81	6.96	7.7	10.32%	0.11
ONGC	262.4	16.03	7.9	26.34%	0.84
Bharat Petroleum	336.63	6.48	7.3	31.33%	1.25
GAIL India	180.97	6.72	2.04	11.97%	0.3

E. Technical analysis

RSI (14)

50.89

MACD

4.26

Support

₹140.42

Resistance

₹156.68

Volume

1,20,06,492

Illustrative technical charts · not actual market history

Candlestick (last 50 sessions)

Price with 50-DMA & 200-DMA, volume

Fibonacci retracement levels

23.6% · ₹145.30

38.2% · ₹142.31

50.0% · ₹139.89

61.8% · ₹137.48

F. Shareholding pattern

Promoter (Government)51.5%

FII11.07%

DII8.71%

of which Mutual Funds5.87%

Public28.72%

G. SWOT analysis

Strengths

Established position in Oil & Gas
ROE of 10.32% in demo data

Weaknesses

Limited pricing power in some segments
Cyclical exposure

Opportunities

Domestic demand growth
Expansion in Refining

Threats

Regulatory changes
Competitive intensity

Illustrative template points for demonstration.

H. Research conclusion

Financial strength

Conservative balance sheet

Business quality

Average capital efficiency

Valuation

Reasonable valuation

Growth

Sales growth of 20.15%

Risk assessment

High risk

Overall

Illustrative HOLD opinion · target ₹147.63 · stop loss ₹131.58

I. Corporate actions

Dividend history (₹/share)

Year	Dividend
FY22	6.11
FY23	6.57
FY24	7.03
FY25	7.49
FY26	7.95

Bonus, splits & announcements

Bonus history: none in demo dataset
Stock split history: none in demo dataset
Board meeting for quarterly results — demo announcement