About
Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and Other segments. The company is involved in the refining of petroleum products; exploration and production of crude oil and gas; explosives and cryogenic businesses; pipeline transportation of crude oil, petroleum, and gas; petrochemicals and gasoline; gas and LPG marketing; research and development; city gas distribution; and downstream operations. It also engages in low carbon, new, clean, and green energy businesses; lube blending; marketing of lubricants and base oil; participation in the shale gas asset project; crude oil trading; import and export of petroleum products; investment in E&P assets, battery technology, and alternative energy technology companies; and wind mill and solar power generation. In addition, the company provides terminalling, retailing, aviation refueling, and bunkering; and financial services, as well as operates fuel stations. It serves motorists, households, businesses, society, suppliers, business partners, and the sports industry. The company was formerly known as Indian Oil Company Limited and changed its name to Indian Oil Corporation Limited in September 1964. Indian Oil Corporation Limited was incorporated in 1959 and is based in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap196,015 Cr
P/E5.82
Div Yield6.00 %
Book Value₹155.00
52w High₹189.00
52w Low₹130.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 266,407.00 | 208,289.00 | 205,157.00 | 178,628.00 | 192,341.00 | 195,270.00 | 194,014.00 | 174,976.00 | 193,845.00 | 198,650.00 | 199,906.00 | 179,246.00 | 198,551.00 |
| Expenses | 262,345.00 | 183,485.00 | 182,412.00 | 162,383.00 | 179,073.00 | 180,241.00 | 186,442.00 | 171,509.00 | 183,923.00 | 186,675.00 | 183,172.00 | 156,075.00 | 174,851.00 |
| Operating Profit | 4,062.00 | 24,804.00 | 22,745.00 | 16,245.00 | 13,267.00 | 15,029.00 | 7,573.00 | 3,467.00 | 9,921.00 | 11,975.00 | 16,733.00 | 23,171.00 | 23,700.00 |
| OPM % | 1.50 | 12.00 | 11.00 | 9.00 | 7.00 | 8.00 | 3.90 | 2.00 | 5.00 | 6.00 | 8.00 | 13.00 | 12.00 |
| Other Income | 1,143.00 | 2,424.00 | 1,627.00 | 1,356.00 | 1,732.00 | 1,519.00 | 1,936.00 | 2,556.00 | 1,102.00 | 1,686.00 | 1,916.00 | 829.00 | 970.00 |
| Depreciation | 4,408.00 | 5,557.00 | 4,457.00 | 4,227.00 | 4,179.00 | 4,325.00 | 4,284.00 | 4,065.00 | 4,103.00 | 4,094.00 | 4,686.00 | 3,610.00 | 3,476.00 |
| Interest | 1,730.00 | 1,880.00 | 2,088.00 | 2,270.00 | 2,070.00 | 2,178.00 | 2,458.00 | 2,546.00 | 2,080.00 | 2,147.00 | 1,958.00 | 1,977.00 | 1,743.00 |
| Profit before tax | -933.00 | 19,791.00 | 17,827.00 | 11,104.00 | 8,750.00 | 10,045.00 | 2,766.00 | -589.00 | 4,841.00 | 7,420.00 | 12,005.00 | 18,413.00 | 19,450.00 |
| Tax % | 22.00 | 23.00 | 24.00 | 26.00 | 22.00 | 17.00 | 22.00 | -24.00 | 23.00 | 26.00 | 23.00 | 26.00 | 24.00 |
| Net Profit | -1,141.00 | 15,176.00 | 13,502.00 | 8,191.00 | 6,808.00 | 8,368.00 | 2,147.00 | -449.00 | 3,723.00 | 5,488.00 | 9,225.00 | 13,713.00 | 14,735.00 |
| EPS in Rs | -1.15 | 10.24 | 9.21 | 5.54 | 4.83 | 5.75 | 1.50 | -0.12 | 2.50 | 3.65 | 6.39 | 9.29 | 10.22 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 784,415.00 | 758,106.00 | 776,352.00 | 841,756.00 | 589,336.00 | 363,950.00 | 483,763.00 | 528,158.00 | 421,492.00 | 355,379.00 | 346,045.00 | 449,507.00 |
| Expenses | 707,308.00 | 722,066.00 | 700,702.00 | 811,073.00 | 542,717.00 | 324,021.00 | 467,710.00 | 492,896.00 | 379,834.00 | 321,230.00 | 324,007.00 | 438,932.00 |
| Operating Profit | 77,108.00 | 36,040.00 | 75,650.00 | 30,683.00 | 46,619.00 | 39,929.00 | 16,053.00 | 35,262.00 | 41,658.00 | 34,149.00 | 22,038.00 | 10,575.00 |
| OPM % | 10.00 | 4.80 | 10.00 | 3.60 | 8.00 | 11.00 | 3.30 | 7.00 | 10.00 | 10.00 | 6.00 | 2.40 |
| Other Income | 7,139.00 | 7,112.00 | 5,384.00 | 5,124.00 | 4,318.00 | 4,696.00 | -7,165.00 | 4,097.00 | 4,331.00 | 4,356.00 | 5,219.00 | 5,860.00 |
| Interest | 8,354.00 | 9,311.00 | 7,881.00 | 7,588.00 | 4,301.00 | 2,933.00 | 5,792.00 | 4,925.00 | 3,875.00 | 3,743.00 | 3,487.00 | 4,201.00 |
| Depreciation | 18,420.00 | 16,777.00 | 15,866.00 | 13,181.00 | 12,348.00 | 10,941.00 | 10,273.00 | 8,506.00 | 7,664.00 | 6,806.00 | 5,698.00 | 5,219.00 |
| Profit before tax | 57,472.00 | 17,063.00 | 57,288.00 | 15,038.00 | 34,289.00 | 30,751.00 | -7,177.00 | 25,927.00 | 34,450.00 | 27,956.00 | 18,072.00 | 7,014.00 |
| Tax % | 24.00 | 19.00 | 25.00 | 22.00 | 25.00 | 29.00 | -74.00 | 33.00 | 34.00 | 27.00 | 31.00 | 31.00 |
| Net Profit | 43,677.00 | 13,789.00 | 43,161.00 | 11,704.00 | 25,727.00 | 21,762.00 | -1,876.00 | 17,274.00 | 22,626.00 | 20,385.00 | 12,413.00 | 4,872.00 |
| EPS in Rs | 29.81 | 9.63 | 29.55 | 6.93 | 17.78 | 15.32 | -0.63 | 12.31 | 15.23 | 13.63 | 8.25 | 3.37 |
| Dividend Payout % | 27.00 | 30.00 | 40.00 | 42.00 | 46.00 | 51.00 | -437.00 | 49.00 | 90.00 | 45.00 | 28.00 | 33.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13,772.00 | 13,772.00 | 13,772.00 | 13,772.00 | 9,181.00 | 9,181.00 | 9,181.00 | 9,181.00 | 9,479.00 | 4,739.00 | 2,370.00 | 2,428.00 |
| Reserves | 205,746.00 | 172,716.00 | 169,645.00 | 125,949.00 | 124,354.00 | 102,657.00 | 86,217.00 | 103,288.00 | 104,395.00 | 97,357.00 | 87,610.00 | 66,404.00 |
| Borrowings | 131,822.00 | 152,271.00 | 132,628.00 | 148,977.00 | 132,020.00 | 116,649.00 | 129,790.00 | 96,765.00 | 65,650.00 | 63,271.00 | 58,552.00 | 64,893.00 |
| Other Liabilities | 178,012.00 | 168,796.00 | 166,639.00 | 153,298.00 | 145,327.00 | 126,658.00 | 104,773.00 | 126,128.00 | 116,336.00 | 108,352.00 | 83,184.00 | 100,158.00 |
| Total Liabilities | 529,352.00 | 507,554.00 | 482,683.00 | 441,995.00 | 410,882.00 | 355,145.00 | 329,962.00 | 335,363.00 | 295,860.00 | 273,719.00 | 231,715.00 | 233,883.00 |
| Fixed Assets | 208,569.00 | 201,142.00 | 195,998.00 | 180,048.00 | 160,514.00 | 157,085.00 | 147,022.00 | 132,494.00 | 124,053.00 | 115,958.00 | 100,033.00 | 76,781.00 |
| CWIP | 86,049.00 | 77,921.00 | 61,032.00 | 51,133.00 | 47,469.00 | 36,291.00 | 32,845.00 | 28,281.00 | 19,130.00 | 16,778.00 | 26,219.00 | 40,378.00 |
| Investments | 73,298.00 | 67,218.00 | 65,542.00 | 52,190.00 | 52,352.00 | 44,717.00 | 35,571.00 | 44,112.00 | 44,806.00 | 43,687.00 | 31,185.00 | 16,069.00 |
| Other Assets | 161,436.00 | 161,272.00 | 160,111.00 | 158,624.00 | 150,546.00 | 117,053.00 | 114,524.00 | 130,476.00 | 107,871.00 | 97,295.00 | 74,278.00 | 100,655.00 |
| Total Assets | 529,352.00 | 507,554.00 | 482,683.00 | 441,995.00 | 410,882.00 | 355,145.00 | 329,962.00 | 335,363.00 | 295,860.00 | 273,719.00 | 231,715.00 | 233,883.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 76,142.00 | 34,452.00 | 71,146.00 | 29,644.00 | 24,570.00 | 49,650.00 | 7,146.00 | 12,747.00 | 29,115.00 | 28,216.00 | 25,624.00 | 46,092.00 |
| Cash from Investing Activity | -22,274.00 | -31,641.00 | -31,512.00 | -28,030.00 | -21,178.00 | -22,935.00 | -29,101.00 | -22,569.00 | -17,119.00 | -17,684.00 | -13,610.00 | -10,215.00 |
| Cash from Financing Activity | -52,672.00 | -3,421.00 | -39,385.00 | -1,794.00 | -2,997.00 | -27,369.00 | 22,456.00 | 10,436.00 | -12,007.00 | -10,937.00 | -11,890.00 | -38,283.00 |
| Net Cash Flow | 1,197.00 | -610.00 | 250.00 | -180.00 | 395.00 | -653.00 | 502.00 | 614.00 | -11.00 | -405.00 | 124.00 | -2,406.00 |
| Free Cash Flow | 48,881.00 | 83.00 | 34,453.00 | -2,524.00 | 1,533.00 | 27,904.00 | -24,277.00 | -12,748.00 | 11,086.00 | 14,388.00 | 9,576.00 | 33,680.00 |
| CFO/OP % | 114.00 | 104.00 | 110.00 | 101.00 | 69.00 | 135.00 | 58.00 | 52.00 | 87.00 | 103.00 | 130.00 | 458.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 7.00 | 9.00 | 6.00 | 7.00 | 12.00 | 14.00 | 10.00 | 11.00 | 9.00 | 9.00 | 8.00 | 6.00 |
| Inventory Days | 68.00 | 63.00 | 70.00 | 59.00 | 84.00 | 111.00 | 59.00 | 64.00 | 77.00 | 87.00 | 54.00 | 46.00 |
| Days Payable | 33.00 | 34.00 | 34.00 | 27.00 | 37.00 | 49.00 | 24.00 | 34.00 | 40.00 | 41.00 | 31.00 | 29.00 |
| Cash Conversion Cycle | 41.00 | 39.00 | 42.00 | 40.00 | 59.00 | 76.00 | 45.00 | 41.00 | 46.00 | 55.00 | 31.00 | 23.00 |
| Working Capital Days | -30.00 | -41.00 | -33.00 | -26.00 | -34.00 | -58.00 | -46.00 | -28.00 | -37.00 | -45.00 | -20.00 | -12.00 |
| ROCE % | 19.00 | 7.00 | 21.00 | 8.00 | 16.00 | 15.00 | 5.00 | 16.00 | 22.00 | 20.00 | 14.00 | 6.00 |
Corporate Actions
44 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 14 Aug 2026 | 14 Aug 2026 | — | 1.25 | |
| Dividend | 12 Mar 2026 | 12 Mar 2026 | — | 2.00 | |
| Dividend | 18 Dec 2025 | 18 Dec 2025 | — | 5.00 | |
| Dividend | 08 Aug 2025 | 08 Aug 2025 | — | 3.00 | |
| Dividend | 12 Jul 2024 | 12 Jul 2024 | — | 7.00 | |
| Dividend | 10 Nov 2023 | 10 Nov 2023 | — | 5.00 | |
| Dividend | 28 Jul 2023 | 28 Jul 2023 | — | 3.00 | |
| Dividend | 11 Aug 2022 | 12 Aug 2022 | — | 2.40 | |
| Bonus | 30 Jun 2022 | 01 Jul 2022 | 1:2 | — | |
| Dividend | 09 Feb 2022 | 10 Feb 2022 | — | 4.00 | |
| Dividend | 11 Nov 2021 | 12 Nov 2021 | — | 5.00 | |
| Dividend | 05 Aug 2021 | 06 Aug 2021 | — | 1.50 | |
| Dividend | 23 Mar 2021 | 24 Mar 2021 | — | 3.00 | |
| Dividend | 09 Feb 2021 | 10 Feb 2021 | — | 7.50 | |
| Dividend | 23 Mar 2020 | 25 Mar 2020 | — | 4.25 | |
| Dividend | 21 Aug 2019 | — | — | 1.00 | |
| Dividend | 27 Mar 2019 | 28 Mar 2019 | — | 1.50 | |
| Dividend | 21 Dec 2018 | 25 Dec 2018 | — | 6.75 | |
| Other | 21 Dec 2018 | 25 Dec 2018 | — | — | Buy Back of Shares |
| Other | 21 Dec 2018 | 25 Dec 2018 | — | — | Buyback |
| Dividend | 20 Aug 2018 | — | — | 2.00 | |
| Bonus | 15 Mar 2018 | 17 Mar 2018 | 1:1 | — | |
| Dividend | 08 Feb 2018 | 09 Feb 2018 | — | 19.00 | |
| Dividend | 18 Aug 2017 | — | — | 1.00 | |
| Dividend | 24 Mar 2017 | 27 Mar 2017 | — | 4.50 | |
| Dividend | 09 Feb 2017 | 10 Feb 2017 | — | 13.50 | |
| Bonus | 18 Oct 2016 | 19 Oct 2016 | 1:1 | — | |
| Dividend | 02 Sep 2016 | — | — | 8.50 | |
| Dividend | 23 Feb 2016 | 24 Feb 2016 | — | 5.50 | |
| Dividend | 04 Sep 2015 | — | — | 6.60 | |
| Dividend | 14 Aug 2014 | — | — | 8.70 | |
| Dividend | 22 Aug 2013 | — | — | 6.20 | |
| Dividend | 05 Sep 2012 | — | — | 5.00 | |
| Dividend | 15 Sep 2011 | — | — | 9.50 | |
| Dividend | 08 Sep 2010 | — | — | 13.00 | |
| Bonus | 29 Oct 2009 | 30 Oct 2009 | 1:1 | — | |
| Dividend | 02 Sep 2009 | — | — | 7.50 | |
| Other | 02 Sep 2009 | — | — | — | Dividend-Rs.7.50 Pr Share |
| Dividend | 09 Sep 2008 | — | — | 5.50 | |
| Dividend | 10 Sep 2007 | — | — | 13.00 | |
| Dividend | 26 Dec 2006 | 27 Dec 2006 | — | 6.00 | |
| Dividend | 07 Sep 2006 | — | — | 12.50 | |
| Dividend | 08 Sep 2005 | — | — | 10.00 | |
| Dividend | 27 Aug 2001 | — | — | 9.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update20 Aug from crisil
-
Rating update29 Jun from fitch
-
Rating update19 Jun from icra
-
Rating update20 May from crisil
-
Rating update18 May from icra
-
Rating update15 May from crisil