Indian Oil Corporation financials

·Energy & PowerChart ›
Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹2,81,933cr+27.1% on Q1 FY26
Net profit
−₹1,141cr₹6,808 cr in Q1 FY26
EBITDA margin
1.4%−4.5 pts on Q1 FY26
EPS
−₹1.18₹4.95 in Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue2,81,9332,21,849+27.1%
EBITDA4,06213,267−69.4%
EBITDA margin1.4%6.0%−4.5 pts
Profit before tax−1,6307,602—
Net profit−1,1416,808—
EPS−₹1.18₹4.95—

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹2,81,933 crNet profit₹−1,141 crNet margin−0.4%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
1,83,788————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
8,9708,97011,04211,62611,433
6,0306,0304,5374,7473,494
1,31,8221,31,8221,52,2711,32,6281,48,977
3,12,670————
9,61,5379,01,4538,59,3638,81,2359,51,410
—+4.9%−2.5%−7.4%—
67,85677,06235,99175,59130,699
7.1%8.6%4.2%8.6%3.2%
49,20658,64119,21359,72517,518
35,72843,67713,78943,16111,704
3.7%4.9%1.6%4.9%1.2%
₹23.83₹29.81₹9.63₹29.55₹6.93
—+209.6%−67.4%+326.2%—
—76,14234,69971,09929,644
—−28,363−34,850−37,175−32,600
47,77947,779−15133,923−2,956
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

IOC₹130.15

Indian Oil Corporation Ltd.

· Energy & Power
₹ CrorePeersBPCLHINDPETRORELIANCEGAILCOALINDIAONGCOILATGLMcap ₹1.84L Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————1,83,787.9
- Cash, Equiv & ST Investments11,432.911,626.511,042.18,969.68,969.6
+ Minority Interest3,494.14,746.74,537.36,029.66,029.6
+ Total Debt1,48,977.11,32,627.61,52,270.61,31,822.41,31,822.4
Enterprise Value————3,12,670.3
Revenue9,51,409.98,81,235.58,59,362.79,01,452.79,61,536.8
Growth %, YoY—-7.4-2.5+4.9—
EBITDA30,699.075,590.835,990.577,061.767,856.2
Margin %3.238.584.198.557.06
EBIT17,517.959,724.719,213.258,641.449,206.4
Net Income11,704.343,161.213,788.843,677.335,728.1
Margin %1.234.901.604.853.72
EPS, Adj (current shares)6.9329.559.6329.8123.83
Growth %, YoY—+326.2-67.4+209.6—
Cash from Operations29,643.771,098.634,699.376,142.1—
Capital Expenditures-32,600.1-37,175.4-34,849.9-28,362.7—
Free Cash Flow-2,956.433,923.3-150.747,779.447,779.4
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Indian Oil (IOC) financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Indian Oil Corporation (NSE: IOC) had a market capitalisation of ₹1,84,155 crore at the 29 October 2026 close (₹130.41 a share), a PE ratio of 5.5 on the last four quarters' profit and a price-to-book ratio of 0.84. In FY26 its consolidated net profit attributable to shareholders was ₹42,096 crore on revenue of ₹9,01,453 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹1,631 crore. Its debt-to-equity ratio was 0.58 on 31 March 2026. Promoters held 51.50% of the shares on 30 September 2026.

Share price used
₹130.41 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Indian Oil (IOC) at a glance · consolidated

Market cap
₹1,84,155 Crat ₹130.41 · 29 Oct close
PE ratio (last 4 quarters)
5.54.4 on FY26 profit
Price to book (PB)
0.84book value ₹155.45 a share
ROE (FY26)
20.7%+13.4 pts vs FY25ROCE 19.7%
Debt to equity
0.58net debt ₹1,20,271 Cr
Promoter holding
51.50%unchanged vs 30 Jun 202630 September 2026
Dividend yield
6.33%₹8.25 a share in 12 months
Net worth
₹2,19,518 Cr+17.7% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹47,779 Cr

Questions

What is the Indian Oil (IOC) PE ratio today?

Indian Oil (IOC)'s PE ratio is 5.5 at the 29 October 2026 close (₹130.41 a share): a market capitalisation of ₹1,84,155 crore divided by consolidated net profit attributable to shareholders of ₹33,652 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹42,096 crore) it is 4.4.

What is the Indian Oil (IOC) PB ratio (price to book value)?

Indian Oil (IOC)'s price-to-book (PB) ratio is 0.84 at the 29 October 2026 close: a market capitalisation of ₹1,84,155 crore divided by shareholders' equity (book value) of ₹2,19,518 crore on 31 March 2026. That is a book value of ₹155.45 per share against a share price of ₹130.41.

What is the Indian Oil (IOC) ROE and ROCE?

In FY26, Indian Oil (IOC)'s return on equity (ROE) was 20.7% and its return on capital employed (ROCE) was 19.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 7.4% and ROCE 7.1%.

What is the Indian Oil (IOC) market cap?

Indian Oil (IOC)'s market capitalisation was ₹1,84,155 crore (₹1.84 lakh crore) at the 29 October 2026 close: 1,412.12 crore shares at ₹130.41 each.

What is the Indian Oil (IOC) EPS?

Indian Oil (IOC)'s basic earnings per share (EPS) were ₹30.57 in FY26, against ₹9.87 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹24.44.

What is the Indian Oil (IOC) dividend in 2026 and its record date?

In 2026, Indian Oil (IOC) has declared two dividends totalling ₹3.25 a share: ₹2 (interim) with record date 12 March 2026 and ₹1.25 with record date 14 August 2026.

Is Indian Oil (IOC) debt free?

No. Indian Oil (IOC) had borrowings of ₹1,31,822 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.58. Its cash and current investments were ₹11,551 crore, so its net debt was ₹1,20,271 crore.

What is the Indian Oil (IOC) debt to equity ratio?

Indian Oil (IOC)'s debt-to-equity ratio was 0.58 on 31 March 2026: borrowings of ₹1,31,822 crore against total equity of ₹2,25,547 crore. A year earlier, on 31 March 2025, it was 0.80.

What is the Indian Oil (IOC) free cash flow?

In FY26, Indian Oil (IOC) generated ₹76,142 crore of cash from operations and spent ₹28,363 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹47,779 crore. In FY25 it was −₹151 crore.

What is the Indian Oil (IOC) net worth?

Indian Oil (IOC)'s net worth — shareholders' equity in its consolidated balance sheet — was ₹2,19,518 crore (₹2.20 lakh crore) on 31 March 2026, up 17.7% from ₹1,86,487 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,84,155 crore at the 29 October 2026 close.

What is the Indian Oil (IOC) book value per share?

Indian Oil (IOC)'s book value per share was ₹155.45 on 31 March 2026: shareholders' equity of ₹2,19,518 crore divided by the 1,412.12 crore shares in issue, up 17.7% from ₹132.06 a year earlier. The share price at the 29 October 2026 close was ₹130.41.

What is the Indian Oil (IOC) dividend yield?

Indian Oil (IOC)'s dividend yield is 6.33% at the 29 October 2026 close: dividends of ₹8.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹130.41. They were ₹1.25 on 14 August 2026, ₹2 on 12 March 2026 (interim) and ₹5 on 18 December 2025 (interim).

What is the Indian Oil (IOC) promoter holding?

Promoters held 51.50% of Indian Oil (IOC) on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What are the Indian Oil (IOC) latest quarterly results?

Indian Oil (IOC)'s latest results are for Q1 FY27 (April–June 2026), filed on 31 July 2026: consolidated net loss ₹1,631 crore, against a profit of ₹6,814 crore in Q1 FY26; revenue from operations ₹2,81,933 crore, up 27.1% year on year.

When are the Indian Oil (IOC) next results?

Indian Oil (IOC) will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.

What is the Indian Oil (IOC) shareholding pattern?

On 30 September 2026, Indian Oil (IOC)'s shares were held by promoters 51.50%, foreign portfolio investors (FII/FPI) 8.61%, domestic institutions (DII) 10.05% (including mutual funds at 3.16%) and retail and other non-institutional investors 10.37%. Over the year, FII holding was up 0.91 percentage points from 7.70% and DII holding was down 0.48 percentage points from 10.53%.

How does the Indian Oil (IOC) PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Indian Oil (IOC)'s PE ratio is 4.4, the third highest of the four: BPCL 4.8, HPCL 4.0 and Reliance Industries 19.6, a peer average of 9.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Indian Oil (IOC) vs BPCL: how do they compare?

In FY26, Indian Oil (IOC) earned net profit attributable to shareholders of ₹42,096 crore on revenue of ₹9,01,453 crore, against ₹25,843 crore on ₹5,22,820 crore for BPCL. Indian Oil (IOC)'s operating margin was 6.5% (BPCL 6.4%) and its return on equity 20.7% (BPCL 28.5%). At the 29 October 2026 close, Indian Oil (IOC)'s market capitalisation was ₹1,84,155 crore against ₹1,23,563 crore for BPCL, and its PE ratio on FY26 profit 4.4 against 4.8.

What is the Indian Oil (IOC) revenue and profit in FY26?

In FY26 (April 2025–March 2026), Indian Oil (IOC)'s consolidated net profit attributable to shareholders was ₹42,096 crore, up 209.6% from ₹13,598 crore in FY25, on revenue from operations of ₹9,01,453 crore (up 4.9%). Over three years, from FY23, net profit was up 329.9%.

How does Indian Oil (IOC) compare with its peers?

On FY26 consolidated figures, against BPCL, HPCL and Reliance Industries: Indian Oil (IOC)'s operating margin of 6.5% is the second highest of the four (BPCL 6.4%, HPCL 4.9%, Reliance Industries 11.3%; peer average 7.5%); its return on equity of 20.7% is the third highest of the four (BPCL 28.5%, HPCL 30.9%, Reliance Industries 9.3%; peer average 22.9%); its revenue growth over three years of −1.8% a year is the lowest of the four (BPCL −0.7% a year, HPCL 0.9% a year, Reliance Industries 6.5% a year; peer average 2.2% a year).

Where do these Indian Oil (IOC) figures come from?

From Indian Oil Corporation's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.