Indian Oil Corporation Limited (NSE:IOC)
| Market Cap | 1.91T -16.4% |
| Revenue (ttm) | 9.34T +22.8% |
| Net Income | 472.42B +90.0% |
| EPS | 34.31 +90.1% |
| Shares Out | 13.77B |
| PE Ratio | 4.04 |
| Forward PE | 6.04 |
| Dividend | 8.25 (5.95%) |
| Ex-Dividend Date | Aug 14, 2026 |
| Volume | 19,523,489 |
| Open | 136.23 |
| Previous Close | 134.59 |
| Day's Range | 135.95 - 138.90 |
| 52-Week Range | 124.92 - 188.96 |
| Beta | 0.79 |
| Analysts | Buy |
| Price Target | 157.42 (+13.52%) |
| Earnings Date | Oct 30, 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, pipeline transportation and marketing, exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources; operates crude oil, petroleum product, and natural gas pipelines; research and de... [Read more]
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 StatementsAnalyst Summary
According to 31 analysts, the average rating for IOC stock is "Buy." The 12-month stock price target is ₹157.42, which is an increase of 13.52% from the latest price.
News
Indian Oil Corporation Transcript: Q2 26/27
Q2 FY27 PAT reached ₹21,630 crore, supported by ₹6,948 crore in inventory gains, while revenue was ₹262,936 crore. Refinery expansions, renewable investment and sourcing diversification underpin growth plans amid geopolitical, logistics and marketing-margin risks.
Indian Oil Corporation Quarterly report: Q2 2027
Indian Oil Corporation has published its Q2 2027 quarterly earnings report on October 31, 2026.
Indian Oil Corporation Slides: Q2 2027
Indian Oil Corporation has posted slides in relation to its Q2 2027 quarterly earnings report, which was published on October 31, 2026.
IOC profit surges 2.7x in Q2 on crude price decline
NEW DELHI: State-run Indian Oil Corporation (IOC) reported record profit of Rs 22,503 crore during the Sept quarter - a 2.7-fold jump over a year ago -
Indian Oil's Q2 profit nearly triples on LPG compensation
Indian Oil Corporation reported a nearly threefold jump in second-quarter profit on Friday, helped by government compensation for domestic LPG losses despite higher crude prices.
Indian gasoline demand to peak by 2035, says top refiner Indian Oil
Indian gasoline demand is set to peak by 2035 as electric vehicles gain ground, ethanol blending continues and more cars run on gas, the chairman of state-run refiner Indian Oil Corp said on Wednesday...
India needs to build up shipping capacity to cash in on cheap crude, IOC chairman says
India needs to build up its shipping fleet to help refiners benefit from discounted crude oil, the chairman of Indian Oil Corp, A S Sahney, told an industry event on Tuesday.
Green message on concrete canvas
Wildlife murals featuring animals and birds are being painted under the Chirag Dilli flyover. A team of skilled painters is working on the beautification project initiated by Indian Oil Corporation Li...
India’s Top State Refiner to Reduce Middle East Term Oil Purchases
India’s largest state-owned refiner, Indian Oil Corporation (IOC), will reduce slightly the volumes of Middle East crude oil it will buy under annual term deals in the 2027/2028 fiscal year starting n...
Iran war impact: Indian Oil plans to reduce Middle East crude purchases under annual deals in FY28
Indian Oil Corporation is expected to cut back on crude oil purchases from Middle Eastern suppliers. This decision comes as the Iran war disrupts shipments and increases transportation costs significa...
Indian Oil to trim Middle East oil imports under annual deals amid Iran war
Indian Oil Corp (IOC) plans to cut its Middle Eastern oil purchases under annual deals in 2027/28 as the Iran war has created uncertainty for supplies from the region, a source familiar with the matte...
'Stabbed 7 times': How bid to seal petrol pump turned deadly for IndianOil official
In a tragic incident, Mahesh Shelke, the sales manager for IndianOil, was fatally stabbed during an altercation at a petrol pump as he sought to take control of the outlet amid a dispute. Swift action...
Innovators at IIT-P urged to develop future energy solutions
IndianOil’s IEW 2027 outreach at IIT Patna urged students and startups to develop clean energy, hydrogen, biofuels and AI solutions ahead of Kolkata event.
SOS to PMO after 'orders from above' hold up 300 raw petroleum coke trucks at Assam-Bengal border
Trucks carrying raw petroleum coke from Indian Oil Corporation refineries are stranded at the Assam-West Bengal border, with no written justification from West Bengal authorities for this hold-up. Thi...
Indian Oil Corp buys October Iraqi oil at discount of $32/bbl to Dubai, sources say
Indian Oil Corp , the country's largest refiner, has bought 2 million barrels of Iraq's Basrah Medium oil for October 22-31 loading from trader Vitol, two sources said.
Indian Oil Employee Shares Rs 45,000 Monthly Expenses In Dibrugarh, Says Got 'Reality Check'
Indian Oil officer Angita shares her Rs 45,000 monthly expenses, including rent and food in Dibrugarh.
Indian Oil to invest $256 million for Kochi-Thoothukudi natural gas pipeline
Indian Oil Corp on Monday said it will invest 24.49 billion rupees ($255.6 million) to build and operate a natural gas pipeline from Kochi, Kerala, to Thoothukudi, Tamil Nadu, in southern India.
Indian Oil close to signing LPG import deal with Algeria's Sonatrach for 2027; sources say
Indian Oil Corp , the country's top refiner, has finalised a deal with Algeria's Sonatrach to import liquefied petroleum gas (LPG) in 2027, three trade sources aware of the matter said.
Indian Oil Corporation Invites Applications For Executive Posts, Salary Up To Rs 1.60 Lakh
IOCL Executive Recruitment 2026: The application window opened on August 14, and candidates can apply until September 3.
Indian Refiners Cut LPG Losses in August
The biggest Indian state-controlled refiners that have been selling liquefied petroleum gas (LPG) on the retail market have seen their losses on these sales narrow so far in August, an Indian energy m...
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.
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...
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 ...
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...
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. CapEx focus remains on petrochemicals and renewables, with major refinery expansions nearing completion.