IOC · NSE

Indian Oil Corporation Limited

₹137

+2.03% (+₹2.73)

Prev. close

₹134.27

Volume

1,15,05,787

Delivery %

69.7%

As of

18 Sept 2026

Price history

Bullish

Mehul Kothari · Anand Rathi · 12 Sept 2026

Recommends buying IOC at ₹135 for the short term, targeting ₹140 with a stop loss at ₹132.

Entry ₹135Target ₹140 (+3.7%)Stop ₹132 (-2.2%)R:R 1.7:1Stopped out · 16 Sept 2026

Published mid-session at 10:39 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.

Target ₹140PENDINGCall pageClear
Loading 15-min bars since the call…
Mehul Kothari's call · 12 Sept 2026

Analyst sentiment

Analysts lean bullish

1 analyst stance · last 90 days · one per analyst

Trackable

1 · 1 bull / 0 neutral / 0 bear

Long-Horizon

none in window

Commentary

none in window

Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded

Bullish 100% (1)Neutral 0% (0)Bearish 0% (0)
Explore by date range →

Analyst opinions

CallAnalystInstrumentVerdictActions
Recommends buying IOC at ₹135 for the short term, targeting ₹140 with a stop loss at ₹132.Mehul KothariAnand RathiIndian Oil CorporationPENDING
Recommends buying IOC at ₹135 for the short term, targeting ₹140 with a stop loss at ₹132.
Trade setupTarget ₹140Track opinion →

This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded.

Fundamentals

About Indian Oil Corporation Limited

Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products; Sale of Petrochemicals; Sale of Gas; and Other segments. The company is involved in the refining, pipeline transportation and marketing, exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources; operates crude oil, petroleum product, and natural gas pipelines; research and development, marketing, and petrochemical businesses; wind mill and solar power generation and downstream operations. It also engages in provision of natural gas; city gas distribution; invests in e and p; bulk explosives and blast-based services for coal, iron ore, and copper mining industries; and design and production of vacuum insulated cryogenic storage and transport vessels, such as aluminum cyrocans, small sized industrial use cryogenic vessels, small and large sized cryogenic vessels, and large and heavy pressure vessels, lube, and aviation equipment. In addition, the company offers XP95, XtraGreen, compressed natural gas, petrol gasoline, high speed diesel, XP100, SERVO lubes and greases, autogas, and XTRAPOWER-fleet card; PNG domestic, indane cooking gas, kerosene, non-fuel product, and LPG services; and indoor solar cooking system, indane LPG, bulk industrial fuels, Fuel@Call, aviation fuel, AVGAS 100 LL, marine oils, bitumen, fuel mgmt consumer pumps, non fuel alliances, natural gas, petrochemicals, special products, non PDS superior kerosene oil, consultancy, and technologies for licensing for motorist, households, businesses, society, suppliers, business partner, investor, overseas, and sports. The company was formerly known as Indian Oil Company Limited and changed its name to Indian Oil Corporation Limited in September 1964. Indian Oil Corporation Limited was incorporated in 1959 and is based in New Delhi, India.

Details

Sector

Energy

Industry

Oil & Gas Refining & Marketing

CEO

Mr. Arvinder Singh Sahney

Headquarters

New Delhi

Employees

29,650

Website

iocl.com

Key stats

Market cap

₹1.90 L Cr

P/E ratio (TTM)

5.5

Dividend yield

6.12%

EPS (TTM)

₹24.36

Beta (1Y · daily vs NIFTY 50)

1.17

Beta (5Y · monthly vs NIFTY 50)

1.50

Shares float

340.06 Cr

EPS · quarter ended Jun 2026

₹-1.18

Upcoming earnings

26 Oct 2026

Financial Performance

01 · Financials

0 L Cr2.5 L Cr5 L Cr7.5 L Cr10 L Cr-25%0%25%50%FY21FY22FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY21 growth needs FY20 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

010203040FY21FY22FY23FY24FY25FY26

03 · Dividend Profile

0358-200%0%200%400%23 Mar 2009 Feb 2123 Mar 2105 Aug 2111 Nov 2109 Feb 2211 Aug 2228 Jul 2310 Nov 2312 Jul 2408 Aug 2518 Dec 2512 Mar 2614 Aug 26
Dividend (₹/share)Annualised yieldAnnual dividend growth (FY)

Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-25%0%25%50%FY21FY22FY23FY24FY25FY26
SalesFixed assetsReceivables (trade + unbilled)Inventory

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 L Cr2 L Cr4 L Cr6 L Cr0.5×1.5×FY21FY22FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 L Cr2 L Cr4 L Cr6 L CrFY21FY22FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-1 L Cr0 L Cr1 L Cr2 L CrFY21FY22FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹5.20 L Cr₹7.37 L Cr₹8.28 L Cr₹7.73 L Cr₹7.55 L Cr₹7.74 L Cr
EBITDA₹44,084.57 Cr₹50,823.90 Cr₹34,865.94 Cr₹80,737.72 Cr₹42,279.05 Cr₹83,654.65 Cr
₹21,638.21 Cr₹25,102.23 Cr₹9,792.12 Cr₹41,729.69 Cr₹13,597.84 Cr₹42,096.26 Cr
Diluted EPS₹15.71₹18.23₹7.11₹30.3₹9.87₹30.57

09 · Balance Sheet

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹3.55 L Cr₹4.11 L Cr₹4.42 L Cr₹4.83 L Cr₹5.08 L Cr₹5.29 L Cr
₹1.17 L Cr₹1.32 L Cr₹1.49 L Cr₹1.33 L Cr₹1.52 L Cr₹1.32 L Cr
Stockholders' equity₹1.12 L Cr₹1.34 L Cr₹1.40 L Cr₹1.83 L Cr₹1.86 L Cr₹2.20 L Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY21FY22FY23FY24FY25FY26
₹49,861.73 Cr₹24,570.33 Cr₹29,644.00 Cr₹71,146.00 Cr₹34,452.00 Cr₹76,142.00 Cr
Investing cash flow₹-24,244.89 Cr₹-21,177.64 Cr₹-28,029.56 Cr₹-31,463.75 Cr₹-31,848.19 Cr₹-22,273.78 Cr
₹-26,270.21 Cr₹-2,997.29 Cr₹-1,794.40 Cr₹-39,384.64 Cr₹-3,424.51 Cr₹-52,671.57 Cr
Capital expenditure₹-23,833.18 Cr₹-22,803.78 Cr₹-32,600.12 Cr₹-37,175.35 Cr₹-34,849.94 Cr₹-28,362.73 Cr
End cash position₹781.19 Cr₹1,176.59 Cr₹996.35 Cr₹1,246.59 Cr₹636.35 Cr₹1,833.08 Cr

Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.

Annual only — the data source has no quarterly cash-flow-statement coverage.

11 · Shareholding Pattern

NSE, quarterly

Line itemSep 21Jun 26(21Q)
Promoter51.50%
Public48.50%
Employee trusts0.00%

Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.

12 · Peer Comparison

Energy

Company
Reliance Industries Limited₹16.84 L Cr₹1,226.422.51.868.9%0.44+9.6%-13.3%
Adani Enterprises Limited₹4.16 L Cr₹3,02050.85.1411.5%1.32+2.6%+25.7%
Oil & Natural Gas Corporation Limited₹2.92 L Cr₹232.86.70.7911.1%0.47-0.6%-1.2%
Coal India Limited₹2.58 L Cr₹409.98.32.1626.1%0.12+0.1%+4.3%
Indian Oil Corporation Limited₹1.90 L Cr₹1375.50.8619.2%0.60+2.6%-6.9%
Bharat Petroleum Corporation Limited₹1.30 L Cr₹3077.61.2925.8%0.54+2.6%-5.1%
Oil India Limited₹77,654.26 Cr₹475.79.31.3411.4%0.65+4.4%+19.2%
Hindustan Petroleum Corporation Limited₹74,601.46 Cr₹35944.71.1427.5%0.85+1.0%-12.1%
Aegis Logistics Limited₹47,518.38 Cr₹1,415.438.07.8514.8%0.69+26.1%+80.4%
Petronet LNG Limited₹42,517.51 Cr₹292.610.11.9117.6%0.11-14.5%+4.6%
Aegis Vopak Terminals Limited₹32,901.81 Cr₹310.7108.07.677.2%0.87+17.0%+27.3%
Mangalore Refinery and Petrochemicals Limited₹28,702.31 Cr₹165.389.12.0213.6%1.08-6.4%+26.2%

Ranked by market cap within Energy, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Annual reports

Show all 30

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

Index membership

57 indices

NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.

IOC

OMC stocks fall as crude spike hits HPCL, IOC, BPCL

Business Upturn · 8 days ago

IOC

BPCL, HPCL, IOC Tank Up To 3% As Brent Nearing $100 Scares OMC Investors

ndtvprofit.com · 11 days ago