Indian Oil Corporation Limited (NSE:IOC)
India flag India · Delayed Price · Currency is INR
139.99
+0.05 (0.04%)
Jul 31, 2026, 3:30 PM IST

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 ₹157.71. The average 1-year stock price forecast is 12.66% higher than the current stock price, while the lowest is ₹110.00 (-21.42%) and the highest is ₹217.00 (+55.01%).

Price Target: ₹157.71 (+12.66%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹110.00₹157.71₹153.00₹217.00
Change-21.42%+12.66%+9.29%+55.01%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy141199910
Buy667765
Hold677887
Sell334356
Strong Sell244433
Total313131313131

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Sell
Maintains
₹110.00
SellMaintains₹110.00-21.42%Jul 24, 2026
Jefferies
Jefferies
Buy
Maintains
₹185.00₹175.00
BuyMaintains₹185.00₹175.00+25.01%May 20, 2026
J.P. Morgan
J.P. Morgan
Buy
Maintains
₹200.00
BuyMaintains₹200.00+42.87%Feb 10, 2026

Financial Forecast

Revenue This Year
9.10T
from 7.84T
Increased by 16.05%
Revenue Next Year
8.87T
from 9.10T
Decreased by -2.58%
EPS This Year
4.21
from 26.72
Decreased by -84.23%
EPS Next Year
16.24
from 4.21
Increased by 285.47%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
5.89T8.42T7.76T7.58T7.84T9.10T
Revenue Growth
61.92%42.84%-7.77%-2.35%3.47%16.05%
Gross Profit
974.01B880.81B1.31T939.97B1.51T1.04T
Gross Margin
16.53%10.46%16.92%12.40%19.29%11.38%
Operating Income
370.42B250.46B609.70B216.69B586.47B233.45B
Net Income
251.02B97.92B417.30B135.98B420.96B46.97B
EPS
----26.724.21
EPS Growth
----221.12%-84.23%
Forward PE
5.4211.977.639.386.0533.22
Dividend / Share
8.403.0012.003.008.253.19
Dividend Growth
--64.29%300.00%-75.00%175.00%-61.33%
Free Cash Flow
-53.58B-134.24B223.41B-153.51B336.90B-52.78B
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High10.7T
Avg9.1T
Low7.6T

Revenue Growth

Revenue Growth202720282029
High
35.9%
Avg
16.1%
Low
-3.4%

EPS Forecast

EPS202720282029
High10.80
Avg4.21
Low-12.40

EPS Growth

EPS Growth202720282029
High
-59.6%
Avg
-84.2%
Low-