Indian Oil Future Growth

Future criteria checks 0/6

Indian Oil's revenue and earnings are forecast to decline at 0.06% and 4.6% per annum respectively. EPS is expected to decline by 5.3% per annum. Return on equity is forecast to be 12.6% in 3 years.

Key information

-4.6%

Earnings growth rate

-5.3%

EPS growth rate

Oil and Gas earnings growth	8.9%
Revenue growth rate	-0.06%
Future return on equity	12.6%
Analyst coverage	Good
Last updated	11 Sep 2024

Recent future growth updates

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

Aug 03

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

Jan 27

Recent updates

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

Aug 03

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

Feb 23

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

Feb 17

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

Jan 27

There Are Reasons To Feel Uneasy About Indian Oil's (NSE:IOC) Returns On Capital

Mar 12

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

Dec 26

Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture

Nov 27

Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt

Sep 22

Indian Oil Corporation Limited (NSE:IOC) Shares Could Be 31% Above Their Intrinsic Value Estimate

Aug 31

Indian Oil (NSE:IOC) Might Be Having Difficulty Using Its Capital Effectively

Aug 10

Earnings and Revenue Growth Forecasts

NSEI:IOC - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	7,613,530	269,909	126,995	N/A	8
3/31/2026	7,902,186	255,162	154,366	N/A	15
3/31/2025	7,830,360	234,734	167,741	N/A	14
6/30/2024	7,716,460	308,212	N/A	N/A	N/A
3/31/2024	7,763,519	417,297	339,233	710,986	N/A
12/31/2023	7,815,744	468,706	N/A	N/A	N/A
9/30/2023	7,873,840	386,143	579,601	951,185	N/A
6/30/2023	8,168,957	245,085	N/A	N/A	N/A
3/31/2023	8,417,559	97,921	-32,058	296,437	N/A
12/31/2022	8,131,865	61,480	N/A	N/A	N/A
9/30/2022	7,728,067	115,179	-316,364	-67,274	N/A
6/30/2022	6,972,476	187,132	N/A	N/A	N/A
3/31/2022	5,893,212	251,022	22,902	257,467	N/A
12/31/2021	5,407,747	274,830	N/A	N/A	N/A
9/30/2021	4,772,709	256,990	124,932	388,242	N/A
6/30/2021	4,189,211	255,211	N/A	N/A	N/A
3/31/2021	3,639,497	216,382	271,112	496,502	N/A
12/31/2020	3,659,904	48,292	N/A	N/A	N/A
9/30/2020	3,879,651	31,539	-71,845	179,012	N/A
6/30/2020	4,135,927	-24,038	N/A	N/A	N/A
3/31/2020	4,875,608	-8,931	-250,312	71,463	N/A
12/31/2019	5,041,524	128,943	N/A	N/A	N/A
9/30/2019	5,212,393	111,752	-70,434	209,636	N/A
6/30/2019	5,424,677	140,218	N/A	N/A	N/A
3/31/2019	5,294,039	173,767	-127,484	127,465	N/A
12/31/2018	5,190,371	168,993	N/A	N/A	N/A
9/30/2018	4,880,719	242,220	N/A	N/A	N/A
6/30/2018	4,452,136	245,622	N/A	N/A	N/A
3/31/2018	4,303,182	221,895	N/A	291,153	N/A
3/31/2017	3,553,790	198,495	N/A	282,161	N/A
3/31/2016	3,460,475	120,225	N/A	256,242	N/A
3/31/2015	4,495,068	49,120	N/A	460,921	N/A
3/31/2014	4,883,449	70,856	N/A	241,949	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: IOC's earnings are forecast to decline over the next 3 years (-4.6% per year).

Earnings vs Market: IOC's earnings are forecast to decline over the next 3 years (-4.6% per year).

High Growth Earnings: IOC's earnings are forecast to decline over the next 3 years.

Revenue vs Market: IOC's revenue is expected to decline over the next 3 years (-0.06% per year).

High Growth Revenue: IOC's revenue is forecast to decline over the next 3 years (-0.06% 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 (12.6%).

Indian Oil Future Growth

Future criteria checks 0/6

Key information

Recent future growth updates

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

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

Price target increased by 11% to ₹136

Price target increased by 7.4% to ₹98.13

Consensus EPS estimates increase by 11%

Consensus EPS estimates fall by 12%

Recent updates

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

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Indian Oil Corporation Limited to Report Q3, 2025 Results on Feb 14, 2025

Indian Oil Corporation Limited Appoints Shri Arvind Kumar as Director

Indian Oil Corporation Limited to Report Q1, 2025 Results on Jul 30, 2024

Megha Engineering Reportedly to Sell City Gas Business

Indian Oil Corporation Limited Announces Cessation of Shri Sunil Kumar as Government Nominee Director

Indian Oil Corporation Limited Announces Cessation of Sukla Mistry as Director

Full year 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Indian Oil Corporation Limited Recommends Final Dividend for the Year 2023-2024

Indian Oil Corporation Limited to Report Q4, 2024 Results on Apr 30, 2024

Indian Oil Corporation Limited Appoints Rashmi Govil as Director (Human Resources)

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

Investor sentiment improves as stock rises 19%

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

Price target increased by 11% to ₹136

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

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

Indian Oil Corporation Limited Appoints Shri Alok Sharma as Director (Research & Development)

Indian Oil Corporation Limited to Report Q3, 2024 Results on Jan 24, 2024

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

Investor sentiment improves as stock rises 16%

Upcoming dividend of ₹5.00 per share at 5.3% yield

Indian Oil Corporation Limited Declares Interim Dividend for the Fiscal Year 2024, Payable on or Before 30 November 2023

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Indian Oil Corporation Limited to Report Q2, 2024 Results on Oct 31, 2023

Indian Oil Corporation Limited Designates Anuj Jain, Director (Finance) as the Chief Financial Officer

Indian Oil Corporation Limited Announces the Cessation of Shri Sanjay Kaushal as CFO

Indian Oil (NSE:IOC) Could Be Struggling To Allocate Capital

Indian Oil (NSE:IOC) Takes On Some Risk With Its Use Of Debt

Indian Oil Corporation Limited Announces Superannuation of Senior Management

Indian Oil Corporation Limited Announces Final Dividend for the Year 2022-2023

Indian Oil Corporation Limited Announces Cessation of S.S.V. Ramakumar as Director

New major risk - Financial position

First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Indian Oil Corporation Limited, Annual General Meeting, Aug 25, 2023

Indian Oil Corporation Limited to Report Q1, 2024 Results on Jul 28, 2023

Indian Oil Corporation Limited Recommends Final Dividend for the Year 2022-23

Indian Oil Corporation Limited Announces the Cessation of Shri Dayanand Sadashiv Nanaware as Director (Pipelines)

Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture

Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt

ONGC Videsh Gets Partner in Oil India to Replace Reluctant Indian Oil Corporation for Potential Acquisition of 50% Stake in Tullow Oil's USD 3.4 Billion Oilfield Project in Kenya

ONGC Videsh Gets Partner in Oil India to Replace Reluctant Indian Oil Corporation for Potential Acquisition of 50% Stake in Tullow Oil's USD 3.4 Billion Oilfield Project in Kenya

Price target increased by 7.4% to ₹98.13

Indian Oil Corporation Limited Recommends Final Dividend for the Year 2022-23

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Indian Oil Corporation Limited Announces Resignation of Ranjan Kumar Mohapatra as Director

Consensus EPS estimates increase by 11%

There Are Reasons To Feel Uneasy About Indian Oil's (NSE:IOC) Returns On Capital

Consensus EPS estimates fall by 12%

Consensus EPS estimates fall by 68%, revenue upgraded

Third quarter 2023 earnings released: EPS: ₹0.56 (vs ₹4.46 in 3Q 2022)

Consensus forecasts updated

Consensus EPS estimates increase by 28%

Indian Oil Corporation Limited Appoints Sunil Kumar as Government Nominee Director

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

Returns On Capital At Indian Oil (NSE:IOC) Paint A Concerning Picture

Indian Oil Corporation Limited Announces the Cessation of Lata Usendi as Director

Second quarter 2023 earnings released: ₹0.72 loss per share (vs ₹4.51 profit in 2Q 2022)

Indian Oil Corporation Limited to Report Q2, 2023 Results on Oct 29, 2022

Consortium of Indian Oil Companies Reportedly to Acquire 10% Stake in ADNOC

ONGC Videsh Consortium Eyes Stake in Adnoc Asset

ONGC Videsh and Indian Oil Corporation Reportedly Eye 50% in Kenya Project

Indian Oil (NSE:IOC) Seems To Be Using A Lot Of Debt

ONGC-Indian Oil, GAIL and MCPI Reportedly Submit Bids for JBF Petro

Indian Oil Corporation Limited (NSE:IOC) Shares Could Be 31% Above Their Intrinsic Value Estimate

Indian Oil Corporation Limited Approves Declaration of the Final Dividend for the Year 2021-2022

ONGC, Indian Oil to Make Joint Bid for JBF Petrochemicals