NSEI:IOC

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Executive Summary

Indian Oil Corporation Limited, together with its subsidiaries, engages in the refining, pipeline transportation, and marketing of petroleum products in India.


Snowflake Analysis

Average dividend payer with moderate growth potential.


Similar Companies

Share Price & News

How has Indian Oil's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: IOC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-8.1%

IOC

-6.3%

IN Oil and Gas

-0.5%

IN Market


1 Year Return

-34.8%

IOC

30.1%

IN Oil and Gas

1.6%

IN Market

Return vs Industry: IOC underperformed the Indian Oil and Gas industry which returned 29.7% over the past year.

Return vs Market: IOC underperformed the Indian Market which returned 1.4% over the past year.


Shareholder returns

IOCIndustryMarket
7 Day-8.1%-6.3%-0.5%
30 Day-1.9%8.2%2.4%
90 Day9.5%27.4%18.6%
1 Year-31.1%-34.8%35.1%30.1%3.6%1.6%
3 Year-52.4%-60.0%42.2%27.5%-2.4%-7.0%
5 Year4.9%-19.8%99.7%63.5%24.9%15.5%

Price Volatility Vs. Market

How volatile is Indian Oil's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Indian Oil undervalued compared to its fair value and its price relative to the market?

0.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: IOC (₹86.2) is trading above our estimate of fair value (₹84.88)

Significantly Below Fair Value: IOC is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: IOC is unprofitable, so we can't compare its PE Ratio to the IN Oil and Gas industry average.

PE vs Market: IOC is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate IOC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: IOC is good value based on its PB Ratio (0.8x) compared to the IN Oil and Gas industry average (1.1x).


Next Steps

Future Growth

How is Indian Oil forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

62.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: IOC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).

Earnings vs Market: IOC is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: IOC's is expected to become profitable in the next 3 years.

Revenue vs Market: IOC's revenue is expected to decline over the next 3 years (-0.7% per year).

High Growth Revenue: IOC's revenue is forecast to decline over the next 3 years (-0.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: IOC's Return on Equity is forecast to be low in 3 years time (14.4%).


Next Steps

Past Performance

How has Indian Oil performed over the past 5 years?

-0.02%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: IOC is currently unprofitable.

Growing Profit Margin: IOC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: IOC is unprofitable, and losses have increased over the past 5 years at a rate of 0.02% per year.

Accelerating Growth: Unable to compare IOC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: IOC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-5.9%).


Return on Equity

High ROE: IOC has a negative Return on Equity (-1.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Indian Oil's financial position?


Financial Position Analysis

Short Term Liabilities: IOC's short term assets (₹1,106.2B) do not cover its short term liabilities (₹1,615.2B).

Long Term Liabilities: IOC's short term assets (₹1,106.2B) exceed its long term liabilities (₹719.4B).


Debt to Equity History and Analysis

Debt Level: IOC's debt to equity ratio (127.2%) is considered high.

Reducing Debt: IOC's debt to equity ratio has increased from 88.3% to 127.2% over the past 5 years.

Debt Coverage: IOC's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: IOC is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Indian Oil current dividend yield, its reliability and sustainability?

7.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: IOC's dividend (7.83%) is higher than the bottom 25% of dividend payers in the Indian market (0.67%).

High Dividend: IOC's dividend (7.83%) is in the top 25% of dividend payers in the Indian market (2.78%)


Stability and Growth of Payments

Stable Dividend: IOC's dividend payments have been volatile in the past 10 years.

Growing Dividend: IOC's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: IOC is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: IOC's dividends in 3 years are forecast to be covered by earnings (51.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.4yrs

Average management tenure


CEO

Indian Oil has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Kamal Gwalani
Compliance Officer & Company Secretary2.92yrs₹7.10mno data
Gurmeet Singh
Director of Marketing & Whole-time Executive Director2.08yrs₹8.46m0.000020%
₹ 162.0k
Ranjan Mohapatra
Director of HR & Whole-time Executive Director2.5yrs₹8.09m0.00010%
₹ 810.1k
Govind Satish
Director of Planning & Business Development and Whole-Time Executive Director3.92yrs₹8.77m0.000020%
₹ 162.0k
S. S. Ramakumar
Director of Research & Development and Whole-Time Executive Director3.5yrs₹9.57m0.00010%
₹ 810.1k
Akshay Singh
Director of Pipelines & Whole-time Executive Director2yrs₹5.06mno data
Sandeep Gupta
CFO & Director of Finance1.25yrsno datano data
Manoj Sharma
Executive Director of Operationsno datano datano data
Rohit Agrawala
General Manager of Corporate Financeno datano datano data
Subrat Nayak
General Manager of Information Systems - Refinery Head Quartersno datano datano data
Ajit Pathak
GM of Adminno datano datano data
Dipankar Ray
Head of West Bengal State Office2.42yrsno datano data

2.4yrs

Average Tenure

59yo

Average Age

Experienced Management: IOC's management team is considered experienced (2.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Gurmeet Singh
Director of Marketing & Whole-time Executive Director2.08yrs₹8.46m0.000020%
₹ 162.0k
Ranjan Mohapatra
Director of HR & Whole-time Executive Director2.5yrs₹8.09m0.00010%
₹ 810.1k
Govind Satish
Director of Planning & Business Development and Whole-Time Executive Director3.92yrs₹8.77m0.000020%
₹ 162.0k
S. S. Ramakumar
Director of Research & Development and Whole-Time Executive Director3.5yrs₹9.57m0.00010%
₹ 810.1k
Akshay Singh
Director of Pipelines & Whole-time Executive Director2yrs₹5.06mno data
B. V. Gopal
Director2.5yrs₹8.14m0.00019%
₹ 1.5m
Samirendra Chatterjee
Independent Non-Executive Director2.92yrs₹640.00kno data
Shrikant Vaidya
Chairman0.58yrno datano data
Sankar Chakraborti
Independent Non-Executive Director2.92yrs₹840.00kno data
Vinoo Mathur
Independent Director2.92yrs₹920.00kno data
Jagdish Kishwan
Independent Non-Executive Director2.92yrs₹1.00mno data
Dharmendra Shekhawat
Independent Non-Executive Director2.92yrs₹920.00kno data

2.9yrs

Average Tenure

59yo

Average Age

Experienced Board: IOC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Indian Oil Corporation Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Indian Oil Corporation Limited
  • Ticker: IOC
  • Exchange: NSEI
  • Founded: 1959
  • Industry: Oil and Gas Refining and Marketing
  • Sector: Energy
  • Market Cap: ₹810.068b
  • Shares outstanding: 9.16b
  • Website: https://www.iocl.com

Location

  • Indian Oil Corporation Limited
  • 3079/3, J.B. Tito Marg
  • Sadiq Nagar
  • New Delhi
  • Delhi
  • 110049
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
530965BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 1996
IOCNSEI (National Stock Exchange of India)YesEquity SharesININRJul 1996

Biography

Indian Oil Corporation Limited, together with its subsidiaries, engages in the refining, pipeline transportation, and marketing of petroleum products in India. It is also involved in the exploration and pr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 12:53
End of Day Share Price2020/08/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.