1. Indian Oil Corp
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59% Buy

Indian Oil Corp Share Price

IOC

₹167.04-₹7.40 (-4.24%) TodayLast updated on 12 Jul, 2024 | 03:59 PM IST
₹166.11₹169.25
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Company overview

Financial performance

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Market cap

Market Cap Switch₹2,42,744 Crs

Open

₹168.49

Close

₹174.44

Circuit range

₹184.18 - ₹150.69

Day range

₹166.11 - ₹169.25

Year range

₹85.50 - ₹196.80

Volume

3,53,55,791

Avg. traded

₹167.77

Revenue (12m)

₹8,81,235 Crs

Indian Oil Corp

Indian Oil Corporation Limited (IOCL), commonly known as IndianOil, is a government-owned company in the oil and gas industry. The public sector undertaking of the Ministry of Petroleum and Natural Gas is the largest state-owned oil producer in terms of both capacity and revenue.

The company was founded on June 30, 1959, as Indian Oil Company Ltd. On September 1, 1964, Indian Refineries Ltd merged with Indian Oil Company Ltd, and the new entity was named as Indian Oil Corporation Ltd.

IOCL comprises seven main business divisions that oversee its operations. The main divisions of the company include refineries, pipelines, marketing, petrochemicals, R&D, exploration, explosives and cryogenics.

The market capitalisation of IndianOil as of December 13, 2023, stood at over ₹1.67 lakh crore. The IOCL share price has surged more than 89% in the last three years.

Indian Oil Corporation business operations

The PSU distributes essential petroleum fuels across the country and ensures widespread availability with the help of a vast network of over 56,000 customer touch-points. Supported by a refining capacity of 80.55 MMTPA within its group and a network of over 15,000 kilometres of cross-country pipelines, IOCL has become one of the top players in the oil and gas industry in terms of marketing reach. The company has its cutting-edge R&D centre in Faridabad which is one of Asia's premier facilities for downstream petroleum research.

IndianOil, with over 32,000 fuel stations across India, serves around 30 million people daily. IOCL's LPG brand, Indane caters to the needs of more than 137 million customers nationwide. IndianOil's petrochemical production capacity is nearly 3200 kilotons per annum (KTS).

In 2017, IOCL launched ServoXpress, a comprehensive auto care service centre, to serve as a convenient one-stop shop for auto care services.

In recent years, IndianOil has also ventured into renewable energy segments. The company has invested in a solar PV capacity of around 70 MW and a wind capacity of 168 MW, contributing to the renewable energy vertical with a combined capacity of nearly 240 MW.

The company also provides various value-added services to its customers. Its XtraCare petrol and diesel stations offer a range of services. IOCL operates Swagat retail outlets along highways, catering to travellers with food courts, first aid, restrooms, dormitories and spare parts shops.

For rural communities, specially designed Kisan Seva Kendras offer products such as seeds, fertilisers, pesticides, farm equipment, medicines, truck and tractor spare parts, tractor engine oils, pump set oils, auto fuels and kerosene.

Financial Highlights

In FY 2022-23, IOCL reported a strong growth in revenue and profit.

The consolidated revenue for FY 2022-23 stood at ₹8,41,755 crore, up 42.8% year-on-year, compared to ₹5,89,335 crore in FY 2021-22. The company reported a profit of ₹10,842 crore in FY23 as against ₹24,491 crore in FY22. The total income of Indian Oil Corporation in FY23 jumped to ₹8,45,954 crore from ₹5,92,417 crore in the preceding fiscal. Its EBIT (earnings before interest and taxes) stood at ₹ 21,716 crore in FY23 compared to ₹ 38,476 crore in FY22. The company made a total capital expenditure of ₹1,59,526 crore in FY23. Its earnings per share (EPS) dropped to ₹7.11 in FY23 from ₹27.34 in the preceding financial year.

Indian Oil Corp Key indicators

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52 week high

₹196.80

52 week low

₹85.50

P/E ratio

5.76

P/B ratio

1.32

ROE

6.2%

ROCE

6.54%

Dividend yield

6.88%

Debt/Equity ratio

0.98

EPS

5.98

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Investment checklist: (6/6)

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

59%

Hold

34%

Sell

7%

This analysis is based on the reviews of 29 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

2.99%

Net profit margin

0.86%

ROE

6.2%

ROA

1.98%

ROCE

6.54%

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Indian Oil Corp Shareholder returns

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1 day

+1.48%

1 week

+2.51%

1 month

+4.03%

3 months

+0.80%

1 year

+77.82%

3 years

+143.87%

5 years

+76.92%

Indian Oil Corp Share Price history

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DayOpenCloseDay’s change
Thu, Jul 11 2024
₹172.90
₹174.44
+1.48%
Wed, Jul 10 2024
₹172.30
₹171.90
+0.13%
Tue, Jul 9 2024
₹171.29
₹171.67
+0.94%
Mon, Jul 8 2024
₹172.21
₹170.07
-0.71%
Fri, Jul 5 2024
₹170.90
₹171.28
+0.65%
Thu, Jul 4 2024
₹170.10
₹170.17
+0.51%
Wed, Jul 3 2024
₹169.40
₹169.31
+0.60%
Tue, Jul 2 2024
₹168.00
₹168.30
+0.38%

Shareholding info

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Promoters (51.5%)

Mutual Funds (2.34%)

Retail and other (10.2%)

Foreign institutions-FII (8.49%)

Other domestic institutions (27.48%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹7/share

    Ex date 12 Jul 2024

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  • Dividend • ₹5/share

    Ex date 10 Nov 2023

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  • Dividend • ₹3/share

    Ex date 28 Jul 2023

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  • Dividend • ₹2.4/share

    Ex date 11 Aug 2022

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  • Bonus • 1:2

    Ex date 30 Jun 2022

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  • Dividend • ₹4/share

    Ex date 09 Feb 2022

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  • Dividend • ₹5/share

    Ex date 11 Nov 2021

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  • Rights Issue • 0:0

    Ex date

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Frequently asked questions