Indian Oil Corporation
Indian Oil Corporation Share Price Chart
Indian Oil Corporation last traded at ₹126.90 (2026-10-13). Over the past month the stock moved -6.2%, three months the stock moved -10.9%, year the stock moved -14.5%. Its closing range over 52 weeks is ₹125.70 – ₹187.47, with the latest close 32.3% below the high.
Closing prices up to 2026-10-13.
About Indian Oil Corporation
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI[1] that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India.[2]
Business Segments [1] a) Petroleum Products (91% in Q1 FY27 vs 92% in Q1 FY26): i) Refining: [2] The company is one of India’s largest public-sector oil refining and OMC companies, operating 10 refineries with a combined capacity of 80.75 MMTPA, accounting for 31.2% of the country’s domestic refining capacity.
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Indian Oil Corporation reported sales of ₹266,407.00 crore (+38.5%) and net profit of ₹-1,141.00 crore (-116.8%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 266,407 | 4,062 | 1.50 | -1,141 | -1.15 |
| Mar 2026 | 208,289 | 24,804 | 12.00 | 15,176 | 10.24 |
| Dec 2025 | 205,157 | 22,745 | 11.00 | 13,502 | 9.21 |
| Sep 2025 | 178,628 | 16,245 | 9.00 | 8,191 | 5.54 |
| Jun 2025 | 192,341 | 13,267 | 7.00 | 6,808 | 4.83 |
| Mar 2025 | 195,270 | 15,029 | 8.00 | 8,368 | 5.75 |
| Dec 2024 | 194,014 | 7,573 | 3.90 | 2,147 | 1.50 |
| Sep 2024 | 174,976 | 3,467 | 2.00 | -449.00 | -0.12 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | -2.4% | -2.9% | -1.7% | -0.8% | +2.1% | +5.7% | +6.7% | +38.5% |
| Operating profit growth | -85.0% | -54.7% | +25.5% | +33.7% | +368.6% | +200.3% | +65.0% | -69.4% |
| Net profit growth | -103.3% | -76.7% | +52.5% | +82.9% | – | +528.9% | +81.4% | -116.8% |
| EPS growth | -101.3% | -76.5% | +57.5% | +93.2% | – | +514.0% | +78.1% | -123.8% |
| OPM % | 2.0% | 3.9% | 8.0% | 7.0% | 9.0% | 11.0% | 12.0% | 1.5% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Indian Oil Corporation reported sales of ₹784,415.00 crore (+3.5%) and net profit of ₹43,677.00 crore (+216.8%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 784,415 | 77,062 | 10.00 | 43,677 | 29.81 |
| Mar 2025 | 758,106 | 35,991 | 5.00 | 13,789 | 9.63 |
| Mar 2024 | 776,352 | 75,646 | 10.00 | 43,161 | 29.55 |
| Mar 2023 | 841,756 | 30,683 | 4.00 | 11,704 | 6.93 |
| Mar 2022 | 589,321 | 47,758 | 8.00 | 25,727 | 17.78 |
| Mar 2021 | 363,950 | 39,929 | 11.00 | 21,762 | 15.32 |
| Mar 2020 | 483,763 | 16,053 | 3.00 | -1,876 | -0.63 |
| Mar 2019 | 528,158 | 35,262 | 7.00 | 17,274 | 12.31 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +25.3% | -8.4% | -24.8% | +61.9% | +42.8% | -7.8% | -2.4% | +3.5% |
| Operating profit growth | -15.4% | -54.5% | +148.7% | +19.6% | -35.8% | +146.5% | -52.4% | +114.1% |
| Net profit growth | -23.7% | -110.9% | – | +18.2% | -54.5% | +268.8% | -68.1% | +216.8% |
| EPS growth | -19.2% | -105.1% | – | +16.1% | -61.0% | +326.4% | -67.4% | +209.6% |
| OPM % | 7.0% | 3.0% | 11.0% | 8.0% | 4.0% | 10.0% | 5.0% | 10.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
IOC trades at ₹133.1, down 1.9% today and 7.2% YTD, near its 52-week low (₹130.3) with price 29.6% below the 52W high. Jun 2026 quarter delivered a sharp loss (-₹1,141 Cr net profit, -0.4% NPM) driven by margin compression (OPM collapsed to 1.5% from 12% in Mar 2026), but this appears cyclically driven rather than structural—refining margins deteriorated industry-wide on weak crude/product spreads. FY26 delivered ₹43,677 Cr profit with 19.9% ROE and strong 19% ROCE, while OCF surged 121% YoY to ₹76,142 Cr, signalling robust cash generation. Valuation is deeply discounted at 5.7x P/E (0.34x industry) and 0.88x P/B, with 6.08% dividend yield; promoter holding stable at 51.5% underpins confidence. Near-term technical weakness (RSI 46.6, Bearish trend, delivery % 2.2%) and FII outflow (-0.76% QoQ) suggest cautious positioning, though falling crude or margin recovery could reignite recovery.
- Exceptional valuation: P/E 5.7x vs industry 16.7x and P/B 0.88 (near fair value) with 6.08% dividend yield appeals to value/income investors; promoter 51.5% holding provides insider confidence.
- Strong cash generation and capital efficiency: FY26 OCF surged 121% to ₹76,142 Cr, ROCE improved to 19% (vs 7% prior year), and debt-to-equity fell to 0.60 from 0.82, reducing financial leverage despite cyclical earnings volatility.
- Resilient long-term earnings power: 10-year profit CAGR of 14% and 5-year ROE at 16% underscore refining-plus-retail business model durability; 111% TTM profit CAGR reflects recovery from Mar 2025 trough and normalized earnings trajectory.
- Acute cyclical earnings volatility: Jun 2026 quarter swung to -₹1,141 Cr loss (OPM collapsed to 1.5% from 12%) as global refining margins compressed; sustained crude weakness or low product spreads can extend losses into H1 FY27, pressuring near-term valuation and dividend sustainability.
- Negative technicals and micro-positioning: RSI 46.6 (neutral-to-weak), Bearish trend, delivery % 2.2% (intraday-heavy trading), and FII outflow (-0.76% QoQ) signal low institutional conviction; price 29.6% below 52W high and near 52W low increases tail-risk of further capitulation in weaker crude environment.
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
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Frequently Asked Questions
What is the share price of Indian Oil Corporation today?
Indian Oil Corporation shares were last quoted at ₹126.90 (+0.4% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Indian Oil Corporation?
Indian Oil Corporation has a price-to-earnings (P/E) ratio of 5.70 and a price-to-book (P/B) ratio of 0.88. The industry P/E is 16.72.
What is the 52-week high and low of Indian Oil Corporation?
The 52-week high of Indian Oil Corporation is ₹188.90 and the 52-week low is ₹130.30.
What is the market cap of Indian Oil Corporation?
The market capitalisation of Indian Oil Corporation is about ₹191,766.42 crore.
How did Indian Oil Corporation perform in its latest quarterly results?
In the latest quarter (Jun 2026), Indian Oil Corporation reported sales of ₹266,407.00 crore (+38.5%) and net profit of ₹-1,141.00 crore (-116.8%), compared with the same quarter last year.
Is Indian Oil Corporation a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Indian Oil Corporation has a 3-year ROE of 17.00%, ROCE of 19.00%, 3-year profit growth of 62.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Indian Oil Corporation?
Promoters hold about 51.50% of Indian Oil Corporation.
Which sector does Indian Oil Corporation belong to?
Indian Oil Corporation belongs to the Refineries sector.