Indian Oil Corporation Limited, together with its subsidiaries, engages in the refining, pipeline transportation, and marketing of petroleum products in India. More Details
Average dividend payer and fair value.
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 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: IOC's weekly volatility (4%) has been stable over the past year.
7 Day Return
IN Oil and Gas
1 Year Return
IN Oil and Gas
Return vs Industry: IOC matched the Indian Oil and Gas industry which returned 27.5% over the past year.
Return vs Market: IOC underperformed the Indian Market which returned 67.3% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StIndian Oil (NSE:IOC) Is Reinvesting At Lower Rates Of Return
1 month ago | Simply Wall StShould Indian Oil Corporation Limited (NSE:IOC) Be Part Of Your Income Portfolio?
1 month ago | Simply Wall StIs Indian Oil (NSE:IOC) Using Too Much Debt?
Is Indian Oil undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: IOC (₹94.7) is trading above our estimate of fair value (₹82.22)
Significantly Below Fair Value: IOC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: IOC is good value based on its PE Ratio (18x) compared to the IN Oil and Gas industry average (20.8x).
PE vs Market: IOC is good value based on its PE Ratio (18x) compared to the Indian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: IOC is poor value based on its PEG Ratio (1.3x)
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 (1x).
How is Indian Oil forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IOC's forecast earnings growth (13.3% per year) is above the savings rate (6.8%).
Earnings vs Market: IOC's earnings (13.3% per year) are forecast to grow slower than the Indian market (23.2% per year).
High Growth Earnings: IOC's earnings are forecast to grow, but not significantly.
Revenue vs Market: IOC's revenue (17.2% per year) is forecast to grow faster than the Indian market (13.4% per year).
High Growth Revenue: IOC's revenue (17.2% per year) is forecast to grow slower than 20% 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 (13.9%).
How has Indian Oil performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IOC has a large one-off loss of ₹114.5B impacting its December 31 2020 financial results.
Growing Profit Margin: IOC's current net profit margins (1.3%) are lower than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: IOC's earnings have declined by 31.2% per year over the past 5 years.
Accelerating Growth: IOC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IOC had negative earnings growth (-62.1%) over the past year, making it difficult to compare to the Oil and Gas industry average (-17.6%).
Return on Equity
High ROE: IOC's Return on Equity (3.9%) is considered low.
How is Indian Oil's financial position?
Financial Position Analysis
Short Term Liabilities: IOC's short term assets (₹1,087.4B) do not cover its short term liabilities (₹1,498.6B).
Long Term Liabilities: IOC's short term assets (₹1,087.4B) exceed its long term liabilities (₹753.7B).
Debt to Equity History and Analysis
Debt Level: IOC's debt to equity ratio (85.4%) is considered high.
Reducing Debt: IOC's debt to equity ratio has increased from 65.5% to 85.4% over the past 5 years.
Debt Coverage: IOC's debt is not well covered by operating cash flow (20%).
Interest Coverage: IOC's interest payments on its debt are well covered by EBIT (10x coverage).
What is Indian Oil current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IOC's dividend (6.34%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).
High Dividend: IOC's dividend (6.34%) is in the top 25% of dividend payers in the Indian market (1.75%)
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: With its high payout ratio (199.5%), IOC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IOC's dividends in 3 years are forecast to be well covered by earnings (45.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Indian Oil has no CEO, or we have no data on them.
Experienced Management: IOC's management team is considered experienced (3.3 years average tenure).
Experienced Board: IOC's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Indian Oil Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Indian Oil Corporation Limited
- Ticker: IOC
- Exchange: NSEI
- Founded: 1959
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ₹850.164b
- Shares outstanding: 9.18b
- Website: https://www.iocl.com
Number of Employees
- Indian Oil Corporation Limited
- 3079/3, J.B. Tito Marg
- Sadiq Nagar
- New Delhi
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/07 12:28|
|End of Day Share Price||2021/05/07 00:00|
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.