NSE IOC · BSE 530965 · Oil & Gas - Integrated · NIFTY 500

Indian Oil Corporation Share Price

Market closed · updated 25 Sep, 4:40 PM IST
₹135.60 ▼ −₹1.90 · 1.38% NSE · as of 24 Sep 2026, 10:24 AM · BSE ₹135.80
Today's range
₹135.50Low₹137.50High
52-week range
₹130.30Low · 2 Apr 2026₹188.90High · 27 Feb 2026

Indian Oil Corporation Overview

Where the price stands, how it has moved and how it sits against its averages.

Indian Oil Corporation shares last traded at ₹135.60 on the NSE, down 1.38% on the day. That is 28.2% below the 52-week high of ₹188.90 and 4.1% above the 52-week low of ₹130.30. The stock trades at 5.70× earnings, below the sector average of 12.37. Its market value is ₹1,91,766 Cr.

Price returns

1 Day▼ −1.38%
5 Days▲ +2.52%
This month▼ −0.70%
3 Months▼ −5.57%
6 Months▼ −1.69%
This year▼ −17.01%
1 Year▼ −6.81%

Against the market: 1 Month ▲ +2.55% · 3 Months ▼ −2.84% · 6 Months ▼ −1.10% · This year ▼ −5.48% · 1 Year ▲ +2.25%

Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.

Moving averages — price is above 1 of 6

  1. 300-day average₹149.98 ▼ price 9.6% below
  2. 100-day average₹139.86 ▼ price 3.0% below
  3. 50-day average₹138.91 ▼ price 2.4% below
  4. 20-day average₹136.60 ▼ price 0.7% below
  5. 5-day average₹136.07 ▼ price 0.3% below
  6. Today's price₹135.60
  7. 10-day average₹135.24 ▲ price 0.3% above

Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.

Indian Oil Corporation Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
9.51L
9.01L
Net profit₹ crore · losses below zero
−893
42,096

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹9,01,453 Cr ▲ +4.9% ₹42,096 Cr 4.7% ₹30.57 ₹8.25
FY 2025 ₹8,59,363 Cr ▼ −2.5% ₹13,598 Cr 1.6% ₹9.87 ₹3.00
FY 2024 ₹8,81,235 Cr ▼ −7.4% ₹41,730 Cr 4.7% ₹30.30 ₹12.00
FY 2023 ₹9,51,410 Cr ▲ +29.1% ₹9,792 Cr 1.0% ₹7.11 ₹3.00
FY 2022 ₹7,36,731 Cr ▲ +41.6% ₹25,102 Cr 3.4% ₹18.23 ₹8.40
FY 2021 ₹5,20,237 Cr ▼ −9.7% ₹21,638 Cr 4.2% ₹15.71 ₹8.00
FY 2020 ₹5,75,990 Cr — −₹893 Cr −0.2% −₹0.65 ₹2.83

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
58%
42%
  • Total assets₹5,28,955 Cr
  • Total liabilities₹3,09,437 Cr
  • Shareholders' equity₹2,19,518 Cr
  • Total debt₹1,31,822 Cr
  • Cash & investments₹11,010 Cr
  • Current ratio0.74×
  • Revenue growth, 5 yr11.62% a year
  • EPS growth, 5 yr14.24% a year
  • Operating margin (TTM)5.12%
  • Net margin (TTM)3.72%

Cash flow — FY26

Operating activities
▲ ₹76,142 Cr
Investing activities
▼ −₹22,274 Cr
Financing activities
▼ −₹52,672 Cr
Free cash flow
▲ ₹47,779 Cr
Net change in cash
▲ ₹1,197 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue5,75,989.705,20,236.847,36,730.849,51,409.948,81,235.458,59,362.739,01,452.70
Cost of revenue5,31,037.024,54,046.486,61,088.328,86,501.417,74,731.847,91,050.147,82,934.72
Gross profit44,952.6866,190.3675,642.5264,908.531,06,503.6168,312.591,18,517.98
Operating expenses5,76,279.144,90,429.126,99,884.469,26,306.338,19,914.938,35,842.288,42,147.67
Operating income−289.4429,807.7236,846.3825,103.6161,320.5223,520.4559,305.03
Depreciation9,884.4610,863.1212,276.7313,126.5215,857.0816,812.1517,110.36
Profit before tax−7,177.0130,750.7334,288.6215,037.6957,287.7917,063.4557,472.08
Tax−5,300.698,988.518,562.023,333.4314,126.643,274.6213,794.76
Net profit−893.1421,638.2125,102.239,792.1241,729.6913,597.8442,096.26
EPS (₹)−0.6515.7118.237.1130.309.8730.57
Dividend per share (₹)2.838.008.403.0012.003.008.25

What Analysts Say

30 analysts

Recommendations from 30 analysts who cover Indian Oil Corporation.

Buy average rating 2.50 on a 1–5 scale

▲ 17 bullish (56.7%) · 5 hold (16.7%) · ▼ 8 bearish (26.7%)

Votes

Strong Buy
7 (23%)
Buy
10 (33%)
Hold
5 (17%)
Sell
7 (23%)
Strong Sell
1 (3%)

How the votes changed

Rating3M ago2M ago1M ago1W agoNow3-month change
Strong Buy87777 ▼ −1
Buy89101010 ▲ +2
Hold76655 ▼ −2
Sell68777 ▲ +1
Strong Sell21111 ▼ −1

Analyst ratings are opinions, not a guarantee of returns.

Indian Oil Corporation vs Peers

Side by side with other oil & gas - integrated companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yieldRating
Indian Oil Corporation ₹135.60 ▼ −1.38% ₹1,91,766 Cr 5.70 0.87 16.36% 3.72% 5.97% This stock
Gujarat Natural Resources ₹98.00 ▼ −0.18% ₹1,504 Cr 155.27 6.13 −1.24% 32.41% — Moderately Bearish
Bharat Petroleum Corporation ₹307.90 ▼ −2.28% ₹1,33,581 Cr 5.16 1.37 23.53% 4.94% 7.13% Neutral

Rating = the data provider's overall technical view of each peer. Company names link to their own pages.

Shareholding Pattern

Who owns Indian Oil Corporation shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
51.5%
9.1%
36.7%
Mar '26
Dec '25
Sep '25
HolderSep '25Dec '25Mar '26Jun '26Change
Promoter51.50%51.50%51.50%51.50% 0.00 pts
FII7.69%8.57%9.84%9.08% ▼ −0.76 pts
MF3.41%3.22%2.52%2.71% ▲ +0.19 pts
Other37.40%36.71%36.14%36.71% ▲ +0.57 pts

Indian Oil Corporation Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Indian Oil CorporationBenchmarkComfortable → stretched

Valuation Is the price reasonable?

P/E (TTM)Price ÷ yearly earnings per share
5.70
▼ 54% below the sector average of 12.37
P/E, 12-month rangeLow 3.23 · high 17.67
17%
Today's P/E sits 17% of the way from its low to its high
P/BPrice ÷ book value per share
0.87
P/SPrice ÷ sales per share
0.20
P/CFPrice ÷ cash flow per share
3.59
PEGP/E ÷ earnings growth (≈1 is fair)
0.09

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
14.85%
▲ above its 5-yr average of 10.02%
Operating marginKept after running costs
5.12%
▲ above its 5-yr average of 4.76%
Pre-tax marginKept before tax
4.97%
▲ above its 5-yr average of 4.18%
Net marginKept as profit
3.72%
▲ above its 5-yr average of 3.19%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
20.74%
▲ above its 5-yr average of 16.36%
Return on assetsProfit on everything it owns
8.43%
▲ above its 5-yr average of 6.05%
Return on investmentProfit on long-term capital
14.97%
▲ above its 5-yr average of 11.20%

Growth Is the business getting bigger?

Revenue — last 12 months
+11.6%
▲ growing
Revenue — 3 yr, a year
−1.8%
▼ shrinking
Revenue — 5 yr, a year
+11.6%
▲ growing
EPS — last 12 months
+99.5%
▲ growing (off the scale)
EPS — 3 yr, a year
+62.6%
▲ growing (off the scale)
EPS — 5 yr, a year
+14.2%
▲ growing
Dividend — 3 yr, a year
+40.1%
▲ growing (off the scale)
Book value — 5 yr, a year
+14.4%
▲ growing

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.60×
• Moderate
Current ratioShort-term assets for every ₹1 due within a year
0.74×
! Tight
Quick ratioLike the current ratio, without inventory
0.19×
! Tight
Interest coverOperating profit ÷ interest to pay
219.71×
✓ Strong
Payout ratioShare of profit paid as dividend
26.99%
• Keeps most

Per share What each share stands for

EPS (TTM)
₹24.44
Book value
₹159.40
Cash flow
₹39.45
Dividend
₹8.25
Revenue
₹697.58

The share price is 0.85× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 112 metrics from the data provider

Valuation

P/E excluding extraordinary items, most recent fiscal year4.52
Current Dividend Yield - Common Stock Primary Issue, LTM5.97
Price to Book - most recent fiscal year0.87
P/E Basic excluding extraordinary items - TTM5.70
P/E including extraordinary items - TTM5.65
P/E excluding extraordinary items low, trailing 12 months3.23
Price to Tangible Book - most fiscal year0.92
Dividend Yield - 5 Year Average5.89
Price to sales - most recent fiscal year0.22
Dividend Yield - indicated annual dividend divided by closing price5.97
Price to Cash Flow per share - trailing 12 month3.59
Peg Ratio0.09
Price to Free Cash Flow per Share - most recent fiscal year5.72
P/E Normalized, most recent fiscal year4.36
P/E excluding extraordinary items high, trailing 12 months17.67
P/E excluding extraordinary items, most recent fiscal year quarter5.65
Price to sales - trailing 12 month0.20
Net Debt, LFY12,08,123.00

Per share

Dividend Per Share - 5 year average6.93
Cash Flow per share - trailing 12 month39.45
Cash Flow per share - most recent fiscal year44.14
EPS including extraordinary items - trailing 12 month24.44
EPS including extraordinary items - most recent fiscal year30.57
EBITD per share - trailing 12 month50.10
Revenue/share - trailing 12 month697.58
EPS excluding extraordinary items - trailing 12 month24.44
EPS Basic excluding extraordinary items - most recent fiscal year30.57
EPS Basic excluding extraordinary items - trailing 12 month24.44
Book value per share - most recent fiscal year159.40
Dividend per share - most recent fiscal year8.25
Revenue/share - most recent fiscal year654.58
EPS Normalized - most recent fiscal year31.68
Book value (tangible) per share - most recent fiscal year154.14
Dividends per share - trailing 12 month8.25
EPS excluding extraordinary items - most recent fiscal year30.57
Cash per share - most recent fiscal year7.99

Margins

Operating margin - trailing 12 month5.12
Gross Margin - 5 year average10.02
Operating margin - 1st historical fiscal year6.58
Operating Margin - 5 year average4.76
Net Profit Margin % - 1st historical fiscal year4.85
Gross Margin - 1st historical fiscal year13.15
Net Profit Margin % - trailing 12 month3.72
Net Profit Margin - 5 year average3.19
Pretax Margin - 5 year average4.18
Pretax margin - 1st historical fiscal year6.38
Pretax margin - trailing 12 month4.97
Free Operating Cash Flow/Revenue, 5 Year Average0.74
Gross Margin - trailing 12 month14.85

Growth

EPS Change %, TTM over TTM99.54
Revenue growth rate, 5 year11.62
EPS growth rate, 5 year14.24
Revenue Change % - most recent quarter 1 year ago27.08
Growth rate% - dividend, 3 year40.10
Growth rate% - EPS, 3 year62.60
Revenue/share (5 yr growth)11.62
Free Operating Cash Flow, 5 Year CAGR14.07
Tangible Book Value, Total Equity, 5 Year CAGR15.09
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year Interim CAGR8.05
Capital Spending growth rate, 5 year3.54
Revenue Change %, TTM over TTM11.63
Growth rate% - Revenue, 3 year−1.78
Book value per share growth rate, 5 year14.44
EPS Change % - most recent quarter 1 year ago−123.84
Net Profit Margin growth rate, 5 year2.98
Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR13.50
Total Debt, 5 Year CAGR2.48

Financial strength

Net Interest coverage - most recent fiscal year219.71
Free Cash Flow - most recent fiscal year3,40,769.10
LT debt/equity - most recent fiscal year0.29
Quick ratio - most recent fiscal year0.19
Payout ratio - trailing 12 month25.58
Current ratio - most recent fiscal year0.74
Current EV/Free Cash Flow, LFY17.19
Total debt/total equity - most recent fiscal year0.60
Net Interest coverage - trailing 12 month9.26
Payout ratio - most recent fiscal year26.99

Returns & efficiency

Return on average equity - 5 year average16.36
Net Income/employee - trailing 12 month1,20,49,950.00
Revenue/employee - most recent fiscal year30,25,46,600.00
Return on investment - most recent fiscal year14.97
Return on average assets - most recent fiscal year8.43
Receivables turnover - most recent fiscal year54.52
Inventory turnover - most recent fiscal year6.78
Revenue/employee - trailing 12 month32,42,95,700.00
Return on average assets - 5 year average6.05
Net Income/employee - most recent fiscal year1,46,59,030.00
Asset turnover - most recent fiscal year1.74
Return on average equity - most recent fiscal year20.74
Return on investment - 5 year average11.20

Price & volume

Market Cap1,92,966.72
52 week Low Date2 Apr 2026
Price - 1 Day % Change0.25
Relative (S&P500) price percent change - 13 week−2.84
Avg trading volume last 10 days8.36
Price - 13 week price percent change−5.57
Price - 52 week price percent change−6.81
Avg Trading Volume Last 3 months215.76
Price - 5 Day % Change2.52
Price % Change Month To Date−0.70
Relative (S&P500) price percent change - 04 week2.55
52 week High Date27 Feb 2026
Price - 26 week price percent change−1.69
PDATE23 Sep 2026
Price - YTD price percent change−17.01
Relative (S&P500) price percent change - 52 week2.25
NPRICE138.15
Relative (S&P500) price percent change - 26 week−1.10
52 week Low130.22
52 week High188.96
Beta1.44
Relative (S&P500) price percent change - Year to Date−5.48

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

Dividend per share₹ per share, by fiscal year
₹12.00
₹8.25
  • Dividend yield5.97%
  • Payout ratio26.99%
  • 5-year average dividend₹6.93 a share
  • Latest dividend₹1.25 per share · 14 Aug 2026

Corporate calendar

  • MeetingAnnual General Meeting
  • Dividend₹1.25 per share · 13% · Final dividend
  • BoardQuarterly Results
  • BoardAudited Results & Final Dividend
  • Dividend₹2.00 per share · 20% · Interim dividend
  • BoardInterim Dividend
  • BoardQuarterly Results
  • Dividend₹5.00 per share · 50% · Interim dividend
Show 15 older events
  • BoardInterim Dividend
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • BoardQuarterly Results
  • Dividend₹3.00 per share · 30% · Final dividend
  • BoardAudited Results & Final Dividend
  • MeetingAnnual General Meeting
  • Dividend₹7.00 per share · 70% · Final dividend
  • Dividend₹5.00 per share · 50% · Interim dividend
  • MeetingAnnual General Meeting
  • Dividend₹3.00 per share · 30% · Final dividend
  • MeetingAnnual General Meeting
  • Dividend₹2.40 per share · 24% · Final dividend
  • BonusBonus issue in the ratio of 1:2 of Rs. 10/--.
  • MeetingPostal Ballot

About Indian Oil Corporation

Oil & Gas - Integrated

Indian Oil Corporation Limited is an India-based oil company. The Company's segments include Petroleum Products, Petrochemicals, Gas, and Other Business Activities. Its Other Business Activities segment includes oil and gas exploration activities, explosives and cryogenic business, and wind mill and solar power generation. Its business interests span the entire hydrocarbon value-chain, ranging from refining (downstream), pipeline transportation and marketing to exploration and production of petrochemicals, natural gas and alternative energy. Its downstream business includes city gas distribution (CGD), natural gas supply to bulk consumers, and distribution and marketing of LPG and Industrial Fuels. Its green energy portfolio focuses on CBG and sustainable aviation fuel (SAF). It owns and operates approximately 10 refineries across India. Its subsidiaries include Chennai Petroleum Corporation Limited, IndianOil (Mauritius) Limited, IOC Sweden AB, and IndOil Global B.V., among others.

Key people

  • Arvinder Singh SahneyChairman of the Board, Director of Marketing
  • Anuj JainFinance Director, Whole Time Director
  • Kamal Kumar GwalaniCompliance Officer, Company Secretary
  • Saumitra Priya SrivastavaDirector - Marketing, Executive Director
  • Rashmi GovilDirector - Human Resources, Whole-Time Director
  • Arvind KumarDirector - Refineries, Director - Pipelines, Whole-Time Director

Company facts

  • NSE symbolIOC
  • BSE code530965
  • ISININE242A01010
  • IndustryOil & Gas - Integrated
  • IndexNIFTY 500
  • Market cap₹1,91,766 Cr
  • Revenue (FY26)₹9,01,453 Cr
  • Net profit (FY26)₹42,096 Cr

In the News

Recent headlines about Indian Oil Corporation — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider and may be delayed. It is for information only and is not a recommendation to buy or sell. See all stocks →

Frequently Asked Questions

Indian Oil Corporation (NSE: IOC) last traded at ₹135.60 on the NSE, down 1.38% (₹1.90) on the day, as of 24 Sep 2026, 10:24 AM. On the BSE it was ₹135.80. The day's range was ₹135.50 – ₹137.50.

Indian Oil Corporation's 52-week high is ₹188.90 (27 Feb 2026) and its 52-week low is ₹130.30 (2 Apr 2026). At ₹135.60 the share is 28.2% below its high and 4.1% above its low.

Indian Oil Corporation's market capitalisation is ₹1,91,766 Cr (₹1.92L Cr). It is part of the NIFTY 500 index.

Indian Oil Corporation's P/E ratio (trailing 12 months) is 5.70. The sector average is 12.37, so investors pay 54% less for each rupee of its earnings than for the average company in its sector. Its earnings per share (TTM) are ₹24.44.

Indian Oil Corporation shares are down 6.81% over the last year, down 17.01% so far this year, down 1.69% over 6 months, down 5.57% over 3 months. Over the last year the stock did 2.25% better than the market.

In FY26 (year to Mar 2026), Indian Oil Corporation reported revenue of ₹9,01,453 Cr (up 4.90% on the year before) and a net profit of ₹42,096 Cr. Earnings per share were ₹30.57.

Yes. Indian Oil Corporation's latest dividend is ₹1.25 per share (13%, final dividend), with an ex-date of 14 Aug 2026. The dividend yield is 5.97%. It has paid 8 dividends in the records shown on this page.

Of 30 analysts covering Indian Oil Corporation, 17 are bullish (7 strong buy, 10 buy), 5 say hold and 8 are bearish. The consensus is Buy (average rating 2.50 on a scale where 1 is Strong Buy and 5 is Strong Sell). Analyst views are opinions, not a guarantee.

As of Jun 2026: Promoter 51.50%, FII 9.08%, MF 2.71%, Other 36.71%.

Indian Oil Corporation's listed peers in Oil & Gas - Integrated include Gujarat Natural Resources, Bharat Petroleum Corporation. By market capitalisation it ranks #1 of 3 in this group.