Indian Oil Corporation enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


1,84,155	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
7,753	8,970	11,042	11,626	11,433
7,198	6,030	4,537	4,747	3,494
1,31,822	1,31,822	1,52,271	1,32,628	1,48,977
3,15,422	—	—	—	—
1,24,069	1,22,853	1,41,228	1,21,001	1,37,544
₹223.37	—	—	—	—

3,72,277	3,57,370	3,43,295	3,20,791	2,92,191
35.4%	36.9%	44.4%	41.3%	51.0%
0.42×	—	—	—	—

0.31×	—	—	—	—
3.69×	—	—	—	—
4.74×	—	—	—	—
6.60×	—	—	—	—
10,23,129	9,01,453	8,59,363	8,81,235	9,51,410
85,409	77,062	35,991	75,591	30,699
66,556	58,641	19,213	59,725	17,518
—	76,142	34,699	71,099	29,644
47,779	47,779	−151	33,923	−2,956
—	45,619	−2,017	31,954	−4,605
—	28,363	34,850	37,175	32,600

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

alphave

IOC₹130.41

Indian Oil Corporation Ltd.

· Energy & Power

₹ CrorePeersBPCL HINDPETRO RELIANCE GAIL COALINDIA ONGC OIL ATGLMcap ₹1.84L Cr

HighlightsEnterprise Value Multiples Per 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	—	—	—	—	1,84,155.1
- Cash, Equiv & ST Investments	11,432.9	11,626.5	11,042.1	8,969.6	7,753.3
+ Minority Interest	3,494.1	4,746.7	4,537.3	6,029.6	7,197.6
+ Total Debt	1,48,977.1	1,32,627.6	1,52,270.6	1,31,822.4	1,31,822.4
Enterprise Value	—	—	—	—	3,15,421.8
Net Debt (memo)	1,37,544.2	1,21,001.1	1,41,228.5	1,22,852.8	1,24,069.1
EV per Share	—	—	—	—	223.37

Total Capital	2,92,191.4	3,20,790.5	3,43,295.2	3,57,369.5	3,72,277.4
Total Debt/Total Capital	50.99	41.34	44.36	36.89	35.41
Total Debt/EV	—	—	—	—	0.42

EV/Sales	—	—	—	—	0.31
EV/EBITDA	—	—	—	—	3.69
EV/EBIT	—	—	—	—	4.74
EV/Free Cash Flow	—	—	—	—	6.60
Reference Items — Trailing FY Values
Sales	9,51,409.9	8,81,235.5	8,59,362.7	9,01,452.7	10,23,129.0
EBITDA	30,699.0	75,590.8	35,990.5	77,061.7	85,408.7
EBIT	17,517.9	59,724.7	19,213.2	58,641.4	66,556.4
Operating Cash Flow	29,643.7	71,098.6	34,699.3	76,142.1	—
Free Cash Flow	-2,956.4	33,923.3	-150.7	47,779.4	47,779.4
FCFF (free cash flow to the firm)	-4,604.7	31,954.4	-2,017.3	45,618.9	—
Capital Expenditure	32,600.1	37,175.4	34,849.9	28,362.7	—

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%.