Nifty
Sensex
:
:
24450.45
78918.90
-315.45 (-1.27%)
-1097.00 (-1.37%)

Refineries

Rating :
67/99

BSE: 530965 | NSE: IOC

168.68
06-Mar-2026
  • Open
  • High
  • Low
  • Previous Close
  •  172.06
  •  172.94
  •  168.05
  •  171.54
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  20979104
  •  3567240859.47
  •  188.96
  •  120.34

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 2,38,084.08
  • 6.66
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 3,73,089.36
  • 1.78%
  • 1.13

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 51.51%
  • 0.30%
  • 7.09%
  • FII
  • DII
  • Others
  • 8.57%
  • 29.56%
  • 2.97%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 8.16
  • 15.38
  • -3.43

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 4.39
  • -2.36
  • 3.27

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 1.24
  • -8.87
  • 11.57

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • 7.11
  • 6.97
  • 9.30

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 1.02
  • 0.99
  • 1.09

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 6.18
  • 5.98
  • 6.41

Earnings Forecasts:

(Updated: 28-02-2026)
Description
2024
2025
2026
2027
Adj EPS
9.87
22.83
20.09
20.13
P/E Ratio
17.09
7.39
8.40
8.38
Revenue
758106
733875
750751
800400
EBITDA
38303.8
65091.5
62584.4
61542.8
Net Income
13597.8
30939.2
27867.4
27993.8
ROA
2.75
7.31
5.61
4.99
P/B Ratio
1.28
1.12
1.02
0.94
ROE
7.35
16.6
13.35
11.8
FCFF
-5108.46
20643.6
19662.6
16822.2
FCFF Yield
-1.27
5.14
4.9
4.19
Net Debt
138597
133383
130412
129218
BVPS
132.06
150.67
164.86
178.63

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Dec 25
Dec 24
Var%
Sep 25
Sep 24
Var%
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Net Sales
2,36,257.24
2,19,522.35
7.62%
2,06,447.11
1,98,615.80
3.94%
2,21,849.02
2,19,864.34
0.90%
2,21,360.24
2,23,649.85
-1.02%
Expenses
2,13,511.85
2,11,949.66
0.74%
1,90,202.11
1,95,148.72
-2.53%
2,08,581.56
2,09,942.90
-0.65%
2,06,330.91
2,11,675.12
-2.52%
EBITDA
22,745.39
7,572.69
200.36%
16,245.00
3,467.08
368.55%
13,267.46
9,921.44
33.73%
15,029.33
11,974.73
25.51%
EBIDTM
9.63%
3.45%
7.87%
1.75%
5.98%
4.51%
6.79%
5.35%
Other Income
1,160.45
1,021.57
13.59%
644.33
723.25
-10.91%
583.25
531.07
9.83%
1,237.84
1,449.23
-14.59%
Interest
2,088.02
2,457.90
-15.05%
2,269.69
2,546.37
-10.87%
2,070.05
2,079.82
-0.47%
2,177.84
2,147.11
1.43%
Depreciation
4,457.48
4,284.05
4.05%
4,227.22
4,065.12
3.99%
4,178.63
4,102.82
1.85%
4,325.35
4,093.75
5.66%
PBT
17,360.34
2,531.98
585.64%
10,392.42
-1,263.86
-
7,602.03
4,269.87
78.04%
9,765.03
7,183.10
35.94%
Tax
4,324.59
619.12
598.51%
2,912.85
-139.93
-
1,942.36
1,118.41
73.67%
1,677.02
1,931.72
-13.19%
PAT
13,035.75
1,912.86
581.48%
7,479.57
-1,123.93
-
5,659.67
3,151.46
79.59%
8,088.01
5,251.38
54.02%
PATM
5.52%
0.87%
3.62%
-0.57%
2.55%
1.43%
3.65%
2.35%
EPS
9.21
1.50
514.00%
5.54
-0.12
-
4.83
2.50
93.20%
5.75
3.65
57.53%

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
8,85,913.61
7,58,105.81
7,76,351.85
8,41,755.91
5,89,321.20
3,70,806.25
4,87,560.81
5,29,403.89
4,21,491.82
3,55,379.00
3,46,044.74
Net Sales Growth
2.82%
-2.35%
-7.77%
42.83%
58.93%
-23.95%
-7.90%
25.60%
18.60%
2.70%
 
Cost Of Goods Sold
6,37,261.36
6,56,785.50
6,38,793.82
7,47,862.07
4,86,952.90
2,81,959.12
4,18,927.28
4,43,343.15
3,36,846.40
2,75,159.32
2,85,023.54
Gross Profit
2,48,652.25
1,01,320.31
1,37,558.03
93,893.84
1,02,368.30
88,847.13
68,633.53
86,060.74
84,645.42
80,219.68
61,021.20
GP Margin
28.07%
13.36%
17.72%
11.15%
17.37%
23.96%
14.08%
16.26%
20.08%
22.57%
17.63%
Total Expenditure
8,18,626.43
7,22,062.69
7,00,701.81
8,11,073.21
5,41,563.25
3,30,188.61
4,70,669.76
4,94,143.79
3,79,833.86
3,21,314.66
3,22,583.63
Power & Fuel Cost
-
11,791.81
9,098.44
8,332.18
7,999.14
4,796.61
5,647.81
6,742.21
5,184.80
4,283.71
4,967.59
% Of Sales
-
1.56%
1.17%
0.99%
1.36%
1.29%
1.16%
1.27%
1.23%
1.21%
1.44%
Employee Cost
-
10,879.86
11,670.94
9,359.14
11,582.92
11,308.78
9,336.93
11,596.28
10,680.70
10,262.76
7,501.80
% Of Sales
-
1.44%
1.50%
1.11%
1.97%
3.05%
1.92%
2.19%
2.53%
2.89%
2.17%
Manufacturing Exp.
-
33,597.79
32,954.80
31,272.72
27,844.89
25,207.63
26,270.28
24,450.20
22,101.39
20,301.31
19,993.85
% Of Sales
-
4.43%
4.24%
3.72%
4.72%
6.80%
5.39%
4.62%
5.24%
5.71%
5.78%
General & Admin Exp.
-
4,468.77
4,272.87
4,302.13
3,272.36
2,869.06
2,885.44
3,552.67
3,256.64
2,154.10
2,273.52
% Of Sales
-
0.59%
0.55%
0.51%
0.56%
0.77%
0.59%
0.67%
0.77%
0.61%
0.66%
Selling & Distn. Exp.
-
1,954.80
2,346.92
1,994.97
2,039.96
1,051.82
1,144.50
1,140.33
930.04
807.68
716.80
% Of Sales
-
0.26%
0.30%
0.24%
0.35%
0.28%
0.23%
0.22%
0.22%
0.23%
0.21%
Miscellaneous Exp.
-
4,055.29
2,880.44
9,715.52
3,024.45
3,684.56
7,295.30
4,124.02
1,478.96
9,280.09
716.80
% Of Sales
-
0.53%
0.37%
1.15%
0.51%
0.99%
1.50%
0.78%
0.35%
2.61%
1.03%
EBITDA
67,287.18
36,043.12
75,650.04
30,682.70
47,757.95
40,617.64
16,891.05
35,260.10
41,657.96
34,064.34
23,461.11
EBITDA Margin
7.60%
4.75%
9.74%
3.65%
8.10%
10.95%
3.46%
6.66%
9.88%
9.59%
6.78%
Other Income
3,625.87
3,513.73
3,838.56
4,261.70
3,096.76
4,303.00
2,773.62
2,714.28
3,419.88
3,862.20
2,186.49
Interest
8,605.60
9,314.51
7,880.63
7,587.85
5,454.07
4,425.19
6,629.74
4,925.41
3,875.23
3,743.09
3,487.21
Depreciation
17,188.68
16,777.34
15,866.11
13,181.05
12,347.58
10,941.45
10,273.39
8,506.45
7,663.54
6,867.71
5,698.39
PBT
45,119.82
13,465.00
55,741.86
14,175.50
33,053.06
29,554.00
2,761.54
24,542.52
33,539.07
27,315.74
16,462.00
Tax
10,856.82
3,274.62
14,126.64
3,333.43
8,562.02
8,988.51
-5,300.69
8,653.05
11,823.87
7,570.40
5,658.44
Tax Rate
24.06%
21.40%
25.34%
23.52%
25.90%
30.41%
62.05%
35.26%
35.25%
27.71%
31.74%
PAT
34,263.00
13,597.84
41,729.69
9,792.12
25,102.23
21,638.21
-893.14
17,376.70
22,189.45
19,849.49
12,022.45
PAT before Minority Interest
33,155.95
13,788.83
43,161.15
11,704.26
25,726.60
21,762.22
-1,876.32
17,273.85
22,626.35
20,385.40
12,413.32
Minority Interest
-1,107.05
-190.99
-1,431.46
-1,912.14
-624.37
-124.01
983.18
102.85
-436.90
-535.91
-390.87
PAT Margin
3.87%
1.79%
5.38%
1.16%
4.26%
5.84%
-0.18%
3.28%
5.26%
5.59%
3.47%
PAT Growth
272.76%
-67.41%
326.16%
-60.99%
16.01%
-
-
-21.69%
11.79%
65.10%
 
EPS
24.26
9.63
29.55
6.93
17.78
15.32
-0.63
12.31
15.71
14.06
8.51

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
1,86,487.32
1,83,416.27
1,39,720.24
1,33,535.18
1,11,838.05
95,397.91
1,12,469.24
1,13,873.82
1,02,096.10
89,979.61
Share Capital
13,771.56
13,771.56
13,771.56
9,181.04
9,181.04
9,181.04
9,181.04
9,478.69
4,739.34
2,369.67
Total Reserves
1,72,715.76
1,69,644.71
1,25,948.68
1,24,354.14
1,02,657.01
86,216.87
1,03,288.20
1,04,395.13
97,356.76
87,609.94
Non-Current Liabilities
98,940.42
87,234.13
1,05,440.06
88,258.19
98,788.00
91,572.65
80,518.28
60,476.82
36,874.84
65,856.52
Secured Loans
1,758.74
24.70
74.19
306.55
975.47
1,368.37
1,073.02
3,912.27
6,558.03
7,391.65
Unsecured Loans
49,997.01
46,768.20
63,238.75
55,637.99
53,709.54
54,702.24
38,079.43
19,148.24
18,987.90
20,549.65
Long Term Provisions
15,119.07
10,853.86
14,981.10
7,209.96
20,457.79
21,225.07
22,640.64
23,153.78
3,225.91
12,756.73
Current Liabilities
2,30,599.43
2,27,126.02
2,06,637.68
1,99,005.08
1,66,878.18
1,61,528.50
1,60,725.27
1,39,906.10
1,32,685.54
84,438.43
Trade Payables
60,534.94
59,454.10
54,734.13
49,061.85
36,964.07
27,576.26
41,194.12
36,581.65
31,196.50
24,336.64
Other Current Liabilities
85,979.30
85,954.68
80,858.55
79,893.64
67,397.93
54,407.87
55,793.13
49,992.91
49,058.49
30,013.85
Short Term Borrowings
74,032.48
59,393.75
60,859.35
53,514.93
47,580.01
69,897.44
53,559.29
39,080.98
33,284.10
20,207.90
Short Term Provisions
10,052.71
22,323.49
10,185.65
16,534.66
14,936.17
9,646.93
10,178.73
14,250.56
19,146.45
9,880.04
Total Liabilities
5,20,564.51
5,02,523.13
4,55,292.08
4,22,389.92
3,78,480.17
3,49,375.33
3,55,590.15
3,16,407.96
2,73,561.04
2,41,700.60
Net Block
2,01,142.17
1,95,997.79
1,80,047.57
1,60,514.35
1,57,084.79
1,47,022.13
1,32,493.76
1,24,053.00
1,15,957.79
1,00,033.38
Gross Block
2,99,818.34
2,78,661.58
2,47,127.54
2,17,038.20
2,04,593.80
1,83,808.96
1,60,778.12
1,43,924.15
1,28,248.73
1,05,609.94
Accumulated Depreciation
97,720.52
81,668.53
66,093.74
55,589.05
46,661.94
36,044.08
27,991.46
19,581.80
12,033.53
5,350.97
Non Current Assets
3,62,936.34
3,33,358.42
2,96,466.26
2,69,388.77
2,57,569.18
2,38,629.39
2,26,020.86
2,10,728.97
1,77,243.66
1,67,943.02
Capital Work in Progress
77,921.28
61,032.42
51,133.47
47,469.27
36,290.54
32,844.84
28,280.74
19,130.38
16,778.40
26,218.99
Non Current Investment
56,849.59
55,162.04
41,753.92
44,338.76
35,434.21
27,279.69
35,593.06
36,607.27
36,217.83
24,089.05
Long Term Loans & Adv.
25,322.43
19,560.98
22,497.29
15,993.85
27,400.13
30,347.91
27,409.07
27,957.95
5,089.46
15,848.94
Other Non Current Assets
1,700.87
1,605.19
1,034.01
1,072.54
1,359.51
1,134.82
2,244.23
2,980.37
3,200.18
1,752.66
Current Assets
1,56,131.30
1,67,952.05
1,57,853.45
1,52,238.06
1,20,718.09
1,10,510.71
1,29,341.89
1,05,517.31
96,258.03
73,719.02
Current Investments
10,368.91
10,379.86
10,436.54
8,013.30
9,282.61
8,291.18
8,519.19
8,198.78
7,469.41
7,095.74
Inventories
1,13,878.49
1,21,375.83
1,21,107.58
1,11,736.51
83,427.46
67,010.76
77,126.48
70,567.90
65,724.06
42,256.72
Sundry Debtors
18,550.96
13,831.45
16,398.69
18,700.42
13,782.16
13,259.48
15,807.53
10,696.48
8,899.19
7,684.50
Cash & Bank
3,304.94
3,157.05
2,096.64
1,820.14
2,474.68
2,295.98
1,060.97
496.31
409.75
1,050.36
Other Current Assets
10,028.00
1,580.62
1,952.54
1,641.02
11,751.18
19,653.31
26,827.72
15,557.84
13,755.62
15,631.70
Short Term Loans & Adv.
7,626.81
17,627.24
5,861.46
10,326.67
10,023.42
17,991.30
24,599.30
13,601.19
9,961.38
13,783.61
Net Current Assets
-74,468.13
-59,173.97
-48,784.23
-46,767.02
-46,160.09
-51,017.79
-31,383.38
-34,388.79
-36,427.51
-10,719.41
Total Assets
5,19,067.64
5,01,310.47
4,54,319.71
4,21,626.83
3,78,287.27
3,49,140.10
3,55,362.75
3,16,246.28
2,73,501.69
2,41,662.04

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
34,699.28
71,146.41
29,643.72
25,746.67
49,650.22
7,146.25
12,746.52
29,115.29
28,216.12
25,624.23
PBT
17,063.45
57,287.79
15,037.69
34,288.62
30,750.73
-7,177.01
25,926.90
34,450.22
27,315.74
18,071.76
Adjustment
21,463.18
19,507.37
21,764.87
13,648.92
14,208.44
11,515.21
8,890.98
4,896.65
15,523.82
7,258.30
Changes in Working Capital
-733.30
6,256.23
-5,689.34
-14,649.82
8,759.04
4,958.56
-16,500.37
-2,927.04
-7,590.00
3,385.58
Cash after chg. in Working capital
37,793.33
83,051.39
31,113.22
33,287.72
53,718.21
9,296.76
18,317.51
36,419.83
35,249.56
28,715.64
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
-3,094.05
-11,904.98
-1,469.50
-7,541.05
-4,067.99
-2,150.51
-5,570.99
-7,304.54
-7,033.44
-3,091.41
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cash From Investing Activity
-31,848.19
-31,511.53
-28,029.56
-21,293.57
-22,934.67
-29,100.76
-22,568.61
-17,118.70
-17,684.41
-13,610.44
Net Fixed Assets
-36,782.96
-39,625.76
-32,237.20
-22,562.92
-22,579.16
-28,017.89
-21,442.90
-16,588.40
-12,383.82
40,904.27
Net Investments
170.98
-13,568.91
267.47
-9,167.33
-9,480.85
10,801.41
-2,451.71
-183.66
-10,123.20
-13,281.91
Others
4,763.79
21,683.14
3,940.17
10,436.68
9,125.34
-11,884.28
1,326.00
-346.64
4,822.61
-41,232.80
Cash from Financing Activity
-3,424.51
-39,384.64
-1,794.40
-4,057.70
-27,368.97
22,456.03
10,436.45
-12,007.36
-10,937.06
-11,889.71
Net Cash Inflow / Outflow
-573.42
250.24
-180.24
395.40
-653.42
501.52
614.36
-10.77
-405.35
124.08
Opening Cash & Equivalents
1,246.59
996.35
1,176.59
781.19
1,434.61
933.09
318.73
329.50
734.85
610.77
Closing Cash & Equivalent
673.17
1,246.59
996.35
1,176.59
781.19
1,434.61
933.09
318.73
329.50
734.85

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
135.41
133.18
101.46
96.96
81.21
103.91
122.50
120.14
107.71
94.21
ROA
2.70%
9.01%
2.67%
6.42%
5.65%
-0.92%
4.73%
7.36%
7.66%
5.22%
ROE
7.46%
26.71%
8.57%
20.97%
19.85%
-3.12%
14.04%
20.11%
20.63%
15.71%
ROCE
8.30%
22.22%
8.43%
16.63%
15.24%
-0.88%
15.16%
21.70%
19.83%
15.32%
Fixed Asset Turnover
2.97
3.35
4.10
3.56
2.73
3.34
4.05
3.79
3.88
3.42
Receivable days
6.88
6.26
6.73
7.90
9.30
9.21
7.84
6.94
6.67
6.74
Inventory Days
49.96
50.22
44.66
47.47
51.74
45.67
43.67
48.25
43.41
40.50
Payable days
33.34
32.62
25.33
32.24
41.77
29.96
28.54
32.39
30.72
31.61
Cash Conversion Cycle
23.50
23.85
26.07
23.13
19.27
24.92
22.96
22.79
19.35
15.62
Total Debt/Equity
0.76
0.67
1.00
0.93
0.97
1.36
0.86
0.58
0.62
0.66
Interest Cover
2.83
8.27
2.98
7.29
7.68
-0.29
5.98
9.65
8.30
6.18

News Update:


  • Indian Oil Corp. - Quarterly Results
    6th Feb 2026, 00:00 AM

    Read More
  • Indian Oil Corporation reports over 6-fold jump in Q3 consolidated net profit
    5th Feb 2026, 15:41 PM

    The consolidated total income of the company increased by 7.65% at Rs 2,37,417.69 crore for Q3FY26

    Read More
  • Indian Oil Corporation signs LoI with Akasa Air
    29th Jan 2026, 16:15 PM

    LOI aims to explore the future supply of Sustainable Aviation Fuel

    Read More
  • Indian Oil Corporation, Maruti Suzuki ink MoU to enhance customer convenience
    12th Jan 2026, 14:51 PM

    Under this agreement, Maruti Suzuki service facilities will be established at select IndianOil fuel stations across the country

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.