Indian Oil Corporation Limited

NSEI:IOC Stock Report

Market Cap: ₹1.9t

Indian Oil Future Growth

Future criteria checks 2/6

Indian Oil is forecast to grow earnings and revenue by 18.3% and 0.3% per annum respectively. EPS is expected to grow by 19.1% per annum. Return on equity is forecast to be 12.2% in 3 years.

Key information

18.3%

Earnings growth rate

19.1%

EPS growth rate

Oil and Gas earnings growth12.9%
Revenue growth rate0.3%
Future return on equity12.2%
Analyst coverage

Good

Last updated09 Dec 2024

Recent future growth updates

Recent updates

There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings

Dec 06
There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings

Indian Oil (NSE:IOC) Has No Shortage Of Debt

Nov 18
Indian Oil (NSE:IOC) Has No Shortage Of Debt

Indian Oil Corporation Limited Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Oct 31
Indian Oil Corporation Limited Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Earnings Miss: Indian Oil Corporation Limited Missed EPS By 51% And Analysts Are Revising Their Forecasts

Aug 03
Earnings Miss: Indian Oil Corporation Limited Missed EPS By 51% And Analysts Are Revising Their Forecasts

Indian Oil Corporation Limited (NSE:IOC) Held Back By Insufficient Growth Even After Shares Climb 29%

Feb 23
Indian Oil Corporation Limited (NSE:IOC) Held Back By Insufficient Growth Even After Shares Climb 29%

Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet

Feb 17
Indian Oil (NSE:IOC) Has A Pretty Healthy Balance Sheet

Indian Oil Corporation Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Jan 27
Indian Oil Corporation Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Indian Oil (NSE:IOC) Is Reinvesting To Multiply In Value

Jan 24
Indian Oil (NSE:IOC) Is Reinvesting To Multiply In Value

There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings

Dec 29
There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings

Earnings and Revenue Growth Forecasts

NSEI:IOC - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20277,722,321254,607180,948450,79813
3/31/20267,594,179245,161194,205433,71116
3/31/20257,573,015162,83993,858318,23316
9/30/20247,668,764175,373-237,387129,975N/A
6/30/20247,716,460308,212N/AN/AN/A
3/31/20247,763,519417,297339,233710,986N/A
12/31/20237,815,744468,706N/AN/AN/A
9/30/20237,873,840386,143579,601951,185N/A
6/30/20238,168,957245,085N/AN/AN/A
3/31/20238,417,55997,921-32,058296,437N/A
12/31/20228,131,86561,480N/AN/AN/A
9/30/20227,728,067115,179-316,364-67,274N/A
6/30/20226,972,476187,132N/AN/AN/A
3/31/20225,893,212251,02222,902257,467N/A
12/31/20215,407,747274,830N/AN/AN/A
9/30/20214,772,709256,990124,932388,242N/A
6/30/20214,189,211255,211N/AN/AN/A
3/31/20213,639,497216,382271,112496,502N/A
12/31/20203,659,90448,292N/AN/AN/A
9/30/20203,879,65131,539-71,845179,012N/A
6/30/20204,135,927-24,038N/AN/AN/A
3/31/20204,875,608-8,931-250,31271,463N/A
12/31/20195,041,524128,943N/AN/AN/A
9/30/20195,212,393111,752-70,434209,636N/A
6/30/20195,424,677140,218N/AN/AN/A
3/31/20195,294,039173,767-127,484127,465N/A
12/31/20185,190,371168,993N/AN/AN/A
9/30/20184,880,719242,220N/AN/AN/A
6/30/20184,452,136245,622N/AN/AN/A
3/31/20184,303,182221,895N/A291,153N/A
3/31/20173,553,790198,495N/A282,161N/A
3/31/20163,460,475120,225N/A256,242N/A
3/31/20154,495,06849,120N/A460,921N/A
3/31/20144,883,44970,856N/A241,949N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IOC's forecast earnings growth (18.3% per year) is above the savings rate (6.7%).

Earnings vs Market: IOC's earnings (18.3% per year) are forecast to grow faster than the Indian market (18.1% per year).

High Growth Earnings: IOC's earnings are forecast to grow, but not significantly.

Revenue vs Market: IOC's revenue (0.3% per year) is forecast to grow slower than the Indian market (10.5% per year).

High Growth Revenue: IOC's revenue (0.3% 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 (12.2%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 00:38
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Indian Oil Corporation Limited is covered by 65 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Harshraj AggarwalAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited