Overall Fundamental outlook

* IOC makes the list of companies with the best technicals at present.

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

Indian Oil Corporation Limited's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.

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

Indian Oil Corporation Limited's forward EPS, being lower than its trailing EPS, points to an expected decline in profitability. This suggests that the company's financial performance may weaken in the upcoming year.

Price projections:

Price projections for IOC
Price projections for IOC

Price projections for Indian Oil Corporation Limited have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in Indian Oil Corporation Limited's future potential and financial outlook among analysts.

Recommendation changes over time:

Recommendations trend for IOC
Recommendations trend for IOC


Analysts have maintained a buy bias for Indian Oil Corporation Limited, which could prompt investors to consider the stock as a viable investment. With this positive outlook, Indian Oil Corporation Limited is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.