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

Indian Oil Corporation Limited's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

Financial Ratios:

currentRatio 0.68400
forwardPE 9.13155
debtToEquity 79.71300
earningsGrowth 0.57800
revenueGrowth -0.01700
grossMargins 0.13365
operatingMargins 0.05504
trailingEps 9.87000
forwardEps 17.18000

IOC's current ratio of 0.684 indicates that the company's cash reserves and current assets may not fully cover its short-term debts. This suggests potential liquidity risks and may require IOC to find alternative solutions to meet its near-term obligations.
IOC's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.

Price projections:

Price projections for IOC
Price projections for IOC

The price of IOC has repeatedly been close to the lower limit of price projections. This trend suggests that the stock may be underperforming, raising concerns among investors about future performance.

Recommendation changes over time:

Recommendations trend for IOC
Recommendations trend for IOC


Indian Oil Corporation Limited has been receiving a buy bias from analysts, signaling strong confidence in the stock's future performance. This positive outlook might drive investors to view Indian Oil Corporation Limited as an attractive option for their portfolios, positioning the company as a stable and profitable investment choice.