Overall Fundamental outlook

Business Operations:

Sector: Energy
Industry: Oil & Gas Refining & Marketing

Indian Oil Corporation Limited, together with its subsidiaries, refines, pipeline transports, and markets petroleum products in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, and Other segments. The company's refinery products include liquefied petroleum gas (LPG), high-speed diesel, motor spirits, kerosene, aviation turbine fuel, light diesel oil, sulphur, raw petroleum coke, carbon black feedstock, naphtha, furnace oil, bitumen, propylene, polypropylene, monoethylene glycol, reformate, light cycle oil, purified terephthalic acid, jute batching oil, lube oil base stocks, sulfuric acid, polymer grade hexane, methyl tert-butyl ether, benzene, aviation gasoline, para-xylene, aromatics, and paraffin wax. It is also involved in the operation of fuel stations, supply of piped and compressed natural gas; exploration and production of crude oil and gas and petrochemicals; manufacture and sale of cryogenics comprising aluminum cryocans, cryogenic vessels, pressure vessels, and lube and aviation equipment, as well as bulk explosives; and provision of non-fuel products, such as LPG stoves, hoses, and cylinder trolleys, as well as indoor solar cooking systems, kitchen aprons, and gas lighters. In addition, the company engages in the wind and solar power generation; terminalling, retailing, and aviation refueling; lube blending and marketing; bunkering; refining and pipeline consultancy activities; licensing of technologies; and provision of financial services. Additionally, it operates Fuel@Call, a cloud-based technology platform for on-demand fuel delivery service for industrial and commercial customers; provides marine oils, including bunker fuels and marine lubricants; and spray and specialty oils, metal working and railroad oils, lubes, and greases for automobiles, agricultural equipment, stationary engines, and marine industries. The company was incorporated in 1959 and is based in New Delhi, India.

Revenue projections:

Revenue projections for IOC
Revenue projections for IOC

IOC is projected to experience a revenue decline compared to last year, a development that often leads to investor caution. The drop could negatively impact the company's bottom line, as lower revenues typically signal reduced profitability, prompting more conservative investment strategies.

Financial Ratios:

currentRatio 0.000000
forwardPE 8.731507
debtToEquity 72.631000
earningsGrowth 5.130000
revenueGrowth 0.057000
grossMargins 0.164390
operatingMargins 0.089140
trailingEps 25.960000
forwardEps 19.903780

With forward EPS less than trailing EPS, IOC is expected to see reduced earnings. This suggests the company may face profitability challenges in the current financial year compared to the previous one.

Price projections:

Price projections for IOC
Price projections for IOC

IOC's price projections have been revised higher over time, reflecting increased confidence in the company's future potential. This steady upward trend suggests analysts expect IOC to continue its positive trajectory.

Recommendation changes over time:

Recommendations trend for IOC
Recommendations trend for IOC


Analysts have shown a buy bias for IOC, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to IOC, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.