Indian Oil Corporation Limited (NSE:IOC)

India flag India · Delayed Price · Currency is INR
143.17
+1.57 (1.11%)
Aug 5, 2026, 3:15 PM IST
Market Cap1.98T +2.1%
Revenue (ttm)8.58T +13.5%
Net Income336.52B +99.3%
EPS24.41 +99.1%
Shares Out 13.77B
PE Ratio5.90
Forward PE10.03
Dividend8.25 (5.83%)
Ex-Dividend DateAug 14, 2026
Volume8,576,756
Open143.89
Previous Close141.60
Day's Range142.94 - 144.60
52-Week Range130.22 - 188.96
Beta0.74
AnalystsBuy
Price Target160.06 (+11.3%)
Earnings DateJul 31, 2026

About Indian Oil Corporation

Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and Other segments. The company is involved in the refining of petroleum products; exploration and production of crude oil and gas; explosives and cryogenic businesses; pipeline transportation of crude oil, petroleum, and gas; petrochemicals and gasoline; gas and LPG marketing; research a... [Read more]

Sector Energy
Founded 1959
Employees 29,941
Stock Exchange National Stock Exchange of India
Ticker Symbol IOC
Full Company Profile

Financial Performance

In fiscal year 2026, Indian Oil Corporation's revenue was 7.84 trillion, an increase of 3.47% compared to the previous year's 7.58 trillion. Earnings were 420.96 billion, an increase of 209.58%.

Financial Statements

Analyst Summary

According to 31 analysts, the average rating for IOC stock is "Buy." The 12-month stock price target is ₹160.06, which is an increase of 11.30% from the latest price.

Price Target
₹160.06
(11.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Need LPG refill fast? Book express delivery, get 10-kg cylinder in 3 hrs

IndianOil launches Indane XTRALITE in Kolkata, offering LPG cylinder delivery within 3 hours via app/website; new connection Rs 4,804; refill Rs 1,618.

1 day ago - The Times of India

Indian Oil Subsidiary CPCL Plans 280,000 Bpd Manali Refinery

Indian refiner Chennai Petroleum Corporation Limited plans to boost the crude oil refining capacity at its Manali refinery by a third to 280,000 barrels per day (bpd), the refiner said in its 2025/202...

2 days ago - OilPrice com

Indian Oil ramps up spot crude purchases as Middle East disruptions hit supplies

Indian Oil Corporation has significantly increased its spot crude purchases to nearly eighty-four percent. This strategic shift occurred after Middle East supply routes faced disruptions. The company ...

4 days ago - The Times of India

Indian Oil Corp boost spot oil buy amid Middle East crisis

Indian Oil Corp , the country's top refiner, has sharply raised oil purchases from the spot markets to make up for the loss of Middle Eastern supplies, its head of finance Anuj Jain said at an analyst...

4 days ago - Reuters

Indian Oil Corporation Transcript: Q1 26/27

Q1 FY 2026/2027 saw a net loss of INR 2,661 crore due to volatile crude prices and weak marketing margins, despite a 26% year-over-year revenue increase. Spot crude imports surged to 84%, and inventory gains on finished goods partially offset crude losses. CapEx focus remains on petchem and renewables.

4 days ago - Transcripts

Indian Oil Corporation Quarterly report: Q1 2027

Indian Oil Corporation has published its Q1 2027 quarterly earnings report on August 1, 2026.

4 days ago - Filings

Indian Oil Corporation Slides: Q1 2027

Indian Oil Corporation has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on August 1, 2026.

4 days ago - Filings

Higher US LPG imports: Why Indian Oil is looking to acquire 50% stake in very large gas carriers

If the plan goes ahead, IOC will become the first Indian refiner to own VLGCs. At present, the company primarily depends on time-chartered vessels to transport both LPG and crude oil.

7 days ago - The Times of India

India Pulls Back From Iraqi Oil as Hormuz Turns Too Dangerous

India's biggest state refiners are no longer willing to gamble on the Strait of Hormuz. Indian Oil Corp. and Mangalore Refinery & Petrochemicals have suspended crude loadings from Iraq after a string ...

15 days ago - OilPrice com

India Became World's Top Long-Term LNG Buyer in 2025, GIIGNL Says

India emerged as the world’s most active long-term LNG buyer market in 2025 with a total of 8.4 million tons per year contracted, according to the annual 2026 report of the International Group of LNG ...

15 days ago - OilPrice com

Fuel theft bid detected after Indian Oil Corporation Ltd pipeline breached

Attempted oil theft uncovered after IOCL underground pipeline in Tonk district was breached; illegal valve and 40-ft pipe found, police probe unknown suspects.

26 days ago - The Times of India

TVS Motor partners with Indian Oil for sustainable LPG distribution

TVS Motor Company has announced a strategic partnership with Indian Oil Corporation Limited to enhance sustainable last-mile LPG distribution across India. The collaboration aims to deploy TVS King Ka...

4 weeks ago - Business Upturn

India's top refiner charters VLCC to load oil from Iraq, sources say

Indian Oil Corp , the country's top refiner, has chartered a very large crude carrier (VLCC) to load Iraqi oil from Basrah Oil Terminal later this month after a partial reopening of the Strait of Horm...

4 weeks ago - Reuters

Crude comeback: IOCL, HPCL buy 7 million barrels of energy supplies

Indian refiners Indian Oil Corp and Hindustan Petroleum Corp have secured millions of crude barrels from Angola, Nigeria, and Brazil to bolster national reserves. This strategic procurement follows a ...

4 weeks ago - The Times of India

Indian Oil, HPCL buy 7 million barrels of crude via tenders, trade sources say

Indian state refiners Indian Oil Corp and Hindustan Petroleum Corp have together purchased about 7 million barrels of crude oil through tenders last week, trade sources said on Monday.

4 weeks ago - Reuters

Petrol, Diesel Get Cheaper At Nayara Pumps As Global Oil Prices Ease

Public sector oil marketing companies such as Indian Oil, Bharat Petroleum and Hindustan Petroleum haven't announced any reduction in retail fuel prices.

5 weeks ago - NDTV

IOC's Tanker Tender Comes Up Empty as Hormuz Risk Lingers

Indian Oil Corporation (IOC), the biggest refiner in the country, did not receive any bids in a tender to charter three tankers to pick up crude and gas from the Persian Gulf and ship the volumes thro...

6 weeks ago - OilPrice com

NLC India signs MoU with Indian Oil Corporation for renewable energy projects

NLC India Limited has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited to establish a joint venture for developing large-scale renewable energy projects in Tamil Nadu. Th...

6 weeks ago - Business Upturn

NLC India signs MoU with Indian Oil for renewable energy projects

NLC India Limited has entered into a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited to develop large-scale renewable energy projects in Tamil Nadu. This collaboration aims to su...

6 weeks ago - Business Upturn

Why are IOC, BPCL and HPCL shares rising today? Explained

Shares of state-owned oil marketing companies (OMCs) Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) traded higher in early trade o...

6 weeks ago - Business Upturn

OMC stocks in focus as Kotak Securities upgrades IOC, BPCL and HPCL; Raises target prices

Oil marketing companies (OMCs) including Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL), and Hindustan Petroleum Corporation Limited (HPCL) are likely to remain in focus aft...

6 weeks ago - Business Upturn

PetroChina, Indian Oil fail to secure tankers to load Iraqi crude, sources say

PetroChina and Indian Oil Corp failed to secure very large crude carriers to lift Iraqi Basrah crude in late June, company and shipping sources said on Thursday, while another Chinese major Sinochem i...

6 weeks ago - Reuters

Konstelec Engineers completes Rs 16.22 crore IOCL cryogenics project

Konstelec Engineers Limited has successfully completed the supply, installation, testing, and commissioning works for Indian Oil Corporation Limited's Cryogenics Business Group facility at Dindori, Na...

2 months ago - Business Upturn

Konstelec Engineers completes Rs 16.22 crore project for IOCL in Nashik

Konstelec Engineers Limited has successfully completed a significant project for Indian Oil Corporation Limited (IOCL) at its Cryogenics Business Group facility in Dindori, Nashik. The project involve...

2 months ago - Business Upturn

Why are Indian Oil shares falling nearly 2% today? Explained

Shares of Indian Oil Corporation (IOC) declined nearly 2% on Monday, June 8, as a sharp rise in global crude oil prices weighed on sentiment across oil marketing companies (OMCs).…

2 months ago - Business Upturn