Indian Oil Corporation Limited (BOM:530965)
India flag India · Delayed Price · Currency is INR
144.35
+0.90 (0.63%)
At close: Jun 22, 2026

Indian Oil Corporation Stock Forecast

Stock Price Forecast

According to 31 analysts polled by S&P Global, Indian Oil Corporation stock has a consensus rating of "Hold" and an average price target of ₹158.00. The average 1-year stock price forecast is 9.46% higher than the current stock price, while the lowest is ₹110.00 (-23.80%) and the highest is ₹203.00 (+40.63%).

Price Target: ₹158.00 (+9.46%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price₹110.00₹158.00₹153.00₹203.00
Change-23.80%+9.46%+5.99%+40.63%

Analyst Ratings

The average analyst rating for Indian Oil Corporation stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy151411999
Buy566776
Hold567788
Sell433434
Strong Sell224444
Total313131313131

Financial Forecast

Revenue This Year
9.20T
from 7.84T
Increased by 17.24%
Revenue Next Year
8.71T
from 9.20T
Decreased by -5.28%
EPS This Year
0.42
from 30.57
Decreased by -98.62%
EPS Next Year
16.12
from 0.42
Increased by 3,718.74%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
5.89T8.42T7.76T7.58T7.84T9.20T
Revenue Growth
61.92%42.84%-7.77%-2.35%3.47%17.24%
Gross Profit
974.01B880.81B1.31T939.97B1.51T892.04B
Gross Margin
16.53%10.46%16.92%12.40%19.29%9.70%
Operating Income
370.42B250.46B609.70B216.69B586.47B244.28B
Net Income
251.02B97.92B417.30B135.98B420.96B85.91B
EPS
----30.570.42
EPS Growth
----267.38%-98.62%
Forward PE
-----341.87
Dividend / Share
8.403.0012.003.008.253.40
Dividend Growth
--64.29%300.00%-75.00%175.00%-58.74%
Free Cash Flow
-53.58B-134.24B223.41B-153.51B336.90B-364.68B
No. Analysts
-----12
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High10.7T
Avg9.2T
Low7.6T

Revenue Growth

Revenue Growth202720282029
High
35.9%
Avg
17.2%
Low
-3.4%

EPS Forecast

EPS202720282029
High9.35
Avg0.42
Low-13.16

EPS Growth

EPS Growth202720282029
High
-69.4%
Avg
-98.6%
Low-