Executive Summary
Indian Oil Corporation Limited, together with its subsidiaries, engages in the refining, pipeline transportation, and marketing of petroleum products in India.
Rewards
Risk Analysis
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
| IOC | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.1% | -6.3% | -0.5% |
| 30 Day | -1.9% | 8.2% | 2.4% |
| 90 Day | 9.5% | 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 Year | 4.9%-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
6 days ago | Simply Wall St
Indian Oil (NSE:IOC) Seems To Be Using An Awful Lot Of Debt3 weeks ago | Simply Wall St
Indian Oil (NSE:IOC) Share Prices Have Dropped 56% In The Last Three Years1 month ago | Simply Wall St
Does Indian Oil Corporation Limited (NSE:IOC) Have A Good P/E Ratio?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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Compliance Officer & Company Secretary | 2.92yrs | ₹7.10m | no data | |
| Director of Marketing & Whole-time Executive Director | 2.08yrs | ₹8.46m | 0.000020% ₹ 162.0k | |
| Director of HR & Whole-time Executive Director | 2.5yrs | ₹8.09m | 0.00010% ₹ 810.1k | |
| Director of Planning & Business Development and Whole-Time Executive Director | 3.92yrs | ₹8.77m | 0.000020% ₹ 162.0k | |
| Director of Research & Development and Whole-Time Executive Director | 3.5yrs | ₹9.57m | 0.00010% ₹ 810.1k | |
| Director of Pipelines & Whole-time Executive Director | 2yrs | ₹5.06m | no data | |
| CFO & Director of Finance | 1.25yrs | no data | no data | |
| Executive Director of Operations | no data | no data | no data | |
| General Manager of Corporate Finance | no data | no data | no data | |
| General Manager of Information Systems - Refinery Head Quarters | no data | no data | no data | |
| GM of Admin | no data | no data | no data | |
| Head of West Bengal State Office | 2.42yrs | no data | no data |
2.4yrs
Average Tenure
59yo
Average Age
Experienced Management: IOC's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Director of Marketing & Whole-time Executive Director | 2.08yrs | ₹8.46m | 0.000020% ₹ 162.0k | |
| Director of HR & Whole-time Executive Director | 2.5yrs | ₹8.09m | 0.00010% ₹ 810.1k | |
| Director of Planning & Business Development and Whole-Time Executive Director | 3.92yrs | ₹8.77m | 0.000020% ₹ 162.0k | |
| Director of Research & Development and Whole-Time Executive Director | 3.5yrs | ₹9.57m | 0.00010% ₹ 810.1k | |
| Director of Pipelines & Whole-time Executive Director | 2yrs | ₹5.06m | no data | |
| Director | 2.5yrs | ₹8.14m | 0.00019% ₹ 1.5m | |
| Independent Non-Executive Director | 2.92yrs | ₹640.00k | no data | |
| Chairman | 0.58yr | no data | no data | |
| Independent Non-Executive Director | 2.92yrs | ₹840.00k | no data | |
| Independent Director | 2.92yrs | ₹920.00k | no data | |
| Independent Non-Executive Director | 2.92yrs | ₹1.00m | no data | |
| Independent Non-Executive Director | 2.92yrs | ₹920.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 530965 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jul 1996 |
| IOC | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/03 12:53 |
| End of Day Share Price | 2020/08/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.