Indian Oil Corporation Ltd.
NSE: IOC · Refineries & Marketing
Snapshot
Unlock Indian Oil Corporation Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Indian Oil Corporation Limited is a diversified energy major engaged in the refining, pipeline transportation, and marketing of petroleum products. The company also maintains a presence in exploration and production, petrochemicals, natural gas, and renewable energy sectors.
Business Model
The company generates revenue through the refining of crude oil into various petroleum products and their subsequent distribution via an extensive network of fuel stations, pipelines, and terminals. It further monetises its infrastructure through petrochemical production, lubricant sales, and the provision of renewable energy solutions.
- Refineries:9
- Pipeline Network:15,000 km
- Fuel Stations:34,559
Growth Outlook
Growth is driven by the expansion of the petrochemical portfolio, the integration of renewable energy assets like wind and solar, and the scaling of EV charging infrastructure. The company continues to invest in pipeline connectivity and exploration blocks to secure energy supply chains.
- EV Charging Stations:2,179
- CNG Stations:1,488
Key Risks
- Crude Oil Price Volatility. Fluctuations in global crude oil prices significantly impact refining margins and inventory valuation.
- Regulatory and Policy Risk. As a state-owned entity, the company is subject to government-mandated pricing controls on essential fuels which can compress profitability.
- Energy Transition Risk. The global shift towards decarbonisation and electric vehicles poses a long-term threat to traditional petroleum product demand.
- Operational Hazards. The handling of hazardous petroleum products across vast infrastructure networks carries inherent risks of accidents and environmental impact.
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Key Metrics
REVENUE
₹9,61,537 Cr
TTM · consolidated
NET PROFIT
₹35,728 Cr
TTM · consolidated
EPS
₹24.44
TTM · consolidated
RETURN ON EQUITY
17.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
17.9%
TTM · consolidated
P/E
5.6x
Q1 FY27 · consolidated
EV/EBITDA
4.5x
Q1 FY27 · consolidated
EBITDA MARGIN
7.5%
TTM · consolidated
NET PROFIT MARGIN
-0.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.6x
Q1 FY27 · consolidated
Peers · Refineries & Marketing
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Indian Oil Corporation Ltd.IOC | ₹1.94L Cr | 5.63 | 4.51 | 11.6% | 7.5% | 17.6% | 17.9% | -1.5% |
Bharat Petroleum Corporation Ltd.BPCL | ₹1.37L Cr | 7.87 | 5.76 | 10.1% | 5.7% | 18.9% | 18.3% | +0.9% |
Hindustan Petroleum Corporation Ltd.HINDPETRO | ₹75,857 Cr | 45.41 | 13.61 | 8.1% | 1.8% | 2.9% | 1.6% | -7.3% |
Mangalore Refinery & Petrochemicals Ltd.MRPL | ₹30,641 Cr | 9.75 | 5.84 | 22.1% | 6.0% | 23.1% | 27.4% | +39.9% |
Chennai Petroleum Corporation Ltd.CHENNPETRO | ₹21,625 Cr | 5.18 | 3.61 | 28.7% | 7.0% | 43.2% | 50.8% | +109.6% |
Rajasthan SecuritiesRAJSEC | ₹440 Cr | 3.41 | 2.87 | — | 250.1% | 229.6% | 271.7% | — |
As of Q1 FY27
Financials
Indian Oil Corporation Ltd.
NSE: IOC · Refineries & Marketing
Snapshot
Unlock Indian Oil Corporation Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Indian Oil Corporation Limited is a diversified energy major engaged in the refining, pipeline transportation, and marketing of petroleum products. The company also maintains a presence in exploration and production, petrochemicals, natural gas, and renewable energy sectors.
Business Model
The company generates revenue through the refining of crude oil into various petroleum products and their subsequent distribution via an extensive network of fuel stations, pipelines, and terminals. It further monetises its infrastructure through petrochemical production, lubricant sales, and the provision of renewable energy solutions.
- Refineries:9
- Pipeline Network:15,000 km
- Fuel Stations:34,559
Growth Outlook
Growth is driven by the expansion of the petrochemical portfolio, the integration of renewable energy assets like wind and solar, and the scaling of EV charging infrastructure. The company continues to invest in pipeline connectivity and exploration blocks to secure energy supply chains.
- EV Charging Stations:2,179
- CNG Stations:1,488
Key Risks
- Crude Oil Price Volatility. Fluctuations in global crude oil prices significantly impact refining margins and inventory valuation.
- Regulatory and Policy Risk. As a state-owned entity, the company is subject to government-mandated pricing controls on essential fuels which can compress profitability.
- Energy Transition Risk. The global shift towards decarbonisation and electric vehicles poses a long-term threat to traditional petroleum product demand.
- Operational Hazards. The handling of hazardous petroleum products across vast infrastructure networks carries inherent risks of accidents and environmental impact.
Start your research today
Unlock AI insights, financials, peers and live data on Indian Oil Corporation Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹9,61,537 Cr
TTM · consolidated
NET PROFIT
₹35,728 Cr
TTM · consolidated
EPS
₹24.44
TTM · consolidated
RETURN ON EQUITY
17.6%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
17.9%
TTM · consolidated
P/E
5.6x
Q1 FY27 · consolidated
EV/EBITDA
4.5x
Q1 FY27 · consolidated
EBITDA MARGIN
7.5%
TTM · consolidated
NET PROFIT MARGIN
-0.4%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.6x
Q1 FY27 · consolidated
Peers · Refineries & Marketing
As of Q1 FY27