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Indian Oil Corporation Ltd share Price Today

Company details

153.60
168.70
75.75
196.80
6M Return 69.78%
1Y Return 106.82%
Mkt Cap.(Cr) 226,928.29
Volume 90,798,046
Div Yield 1.82%
OI
-
OI Chg %
-
Volume 90,798,046

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About The Stock

    Indian Oil Corporation (IOC) is India’s largest refining & marketing company with an installed refining capacity of ~70 MMT.

    • IOC operates 32062 retail outlets as of end of FY21
    • Petrol and diesel together historically constitute ~52% of marketing sales
Q4FY22

    IOC’s results were lower than estimates on the profitability front.

    • Revenue increased 4.7% QoQ to ₹ 206460.9 crore (our estimate: ₹ 237522 crore). Marketing sales increased 3.7% QoQ to 21.8 MMT
    • Reported GRM was US$18.5/bbl while core GRM was US$13.5/bbl. Marketing profitability was lower than estimates as per our understanding. EBITDA was at ₹ 11627.5 crore, up 17.9% QoQ (estimate: ₹ 14005.8 crore)
    • Interest expense was higher-than-expected at ₹ 1607.2 crore. PAT was at
      ₹ 6021.9 crore, up 2.7% QoQ (estimate: ₹ 8067.4 crore)

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Indian Oil Corporation Ltd shares SWOT Analysis

Strengths (4)

  • Company with high TTM EPS Growth
  • Company with Zero Promoter Pledge
  • FII / FPI or Institutions increasing their shareholding

Weakness (4)

  • MFs decreased their shareholding last quarter
  • Inefficient use of shareholder funds - ROE declining in the last 2 years
  • Declining profits every quarter for the past 2 quarters

Opportunity (3)

  • Highest Recovery from 52 Week Low
  • Decrease in Provision in recent results
  • Stock with Low PE (PE < = 10)

Threats (2)

  • Increasing Trend in Non-Core Income
  • RSI indicating price weakness

Resistance and support

R1 162.7
R2 164.5
R3 165.8
Pivot

161.40

S1 159.6
S2 158.3
S3 156.5
EMA SMA
170.3
161.8
144.6
124.3
172.9
163.7
137.7
115.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SOCIETE GENERALE Block Purchase 2024-01-25 143.45 9968911 BSE
MARSHALLWACEINVESTMENTSTRATEGIESMARKETNEUTRALTOPSFUND Block Purchase 2024-01-25 143.45 1598714 BSE
MARSHALL WACE INVESTMENT STRATEGIES EUREKA FUND Block Purchase 2024-01-25 143.45 958981 NSE
Name Category Shares
President of India PROMOTER 51.5%

OUR RESEARCH VIEW

Investment recommendation
Call Date
01 Feb 2023
Entry Price 81.00
Target Price 90.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Indian Oil Corporation Ltd Stocks COMPARISON

Financials( in Cr) Indian Oil Corporation Ltd Reliance Industries Ltd Bharat Petroleum Corporation Ltd Hindustan Petroleum Corporation Ltd Mangalore Refinery And Petrochemicals Ltd
Price 160.70 2,835.50 584.90 467.15 215.35
% Change -5.66 -0.96 -3.92 -6.59 3.58
Mcap Cr 226,928.29 1,918,530.21 126,879.61 66,267.47 37,742.22
Revenue TTM Cr 860,701.76 877,835.00 473,187.18 440,709.25 108,856.10
Net Profit TTM Cr 11,704.26 74,088.00 2,131.05 -6,980.23 2,655.41
PE TTM 4.84 27.87 4.15 3.87 8.50
1 Year Return 106.82 37.23 79.31 104.26 277.81
ROCE 8.02 9.96 6.75 -8.04 19.69
ROE 8.57 9.91 6.34 -18.95 31.10
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 139,720.24 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,949.36 46,625.05
LAST 3M 62,706.47 30,325.37
LAST 6M 124,059.31 61,387.51
LAST 12M 183,733.61 212,735.20
Indian Oil Corporation Limited - Change in Director

Mar 18, 2024 l NSE Announcement

Indian Oil Corporation Limited - Change in Director(s)

Mar 15, 2024 l NSE Announcement

Indian Oil Corporation Limited - Loss of Share Certificates

Mar 12, 2024 l NSE Announcement

Date Action Type Ratio
Nov 10, 2023 Dividend 50
Jul 28, 2023 Dividend 30
Aug 11, 2022 Dividend 24

Indian Oil Corporation Ltd Information

Stock PE (TTM)
4.84
Promoter Holding
51.5%
Book Value
118.3792
ROCE
8.02%
ROE
8.57%
Description
  • Indian Oil Corporation (IOC) Limited is an oil and gas – Refining and Marketing Company engaged in refining business and has a market capitalization of Rs. 99,978 crores as of 18th August 2021. The company was incorporated 62 years ago on 30th June 1959. It reported its revenue from operations at Rs. 1.55 lac crores for the quarter ended June 2021. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned the number 530965 and scrip code IOC. As of 18th August 2021, the shares of IOC were trading at Rs. 106.20.

    IOC’s major segments include the sale of petroleum products, the sale of petrochemicals, and other businesses. The company is under the ownership of the Ministry of Petroleum and Gas, Government of India, headquartered in New Delhi. The list of the world’s biggest corporations on the Fortune Global 500 list is ranked in 212th position. The company’s employee strength is 33,498, of which executives are 17,704, and the remaining 15,794 are non-executives as of March 2020. There are seven divisions in the business organization: Refineries, Pipelines, Petrochemicals, Exploration and Production (E&P) Division, etc. The promoters within the company hold 51.50% of the total shareholding in the company as of 30th June 2021 with zero promoter pledge. The holding of the promoters has remained unchanged over the last 15 months.

    In June 2021, the state-owned major corporation posted a three-fold rise in its profit, primarily due to a surge in inventory gains and refining margin. The company’s standalone net profit for the 1st quarter of 2021-22 stood at Rs. 5,941.37 crores as against Rs. 1,910.84 during the same period last year. Revenue from operations of the company also grew 74% to Rs. 1.55 lac crores for June 2021 quarter. IOC earned $6.58 on turning every barrel of crude oil into fuel against a gross refining margin of a minimum of $1.98 a barrel a year back, and the core GRM stood at $2.24 per barrel after netting out inventory gain. As a result, EPS of the company was Rs. 6.65 in June 2021 as compared to Rs. 9.83 in March 2021. IOC’s shares closed at Rs. 106.20 on 18th August 2021 and has given a return of 22.07% over the last 12 months.

Registered Address

Indian Oil Bhavan G-9, Ali Yavar Jung Marg Bandra(E), Mumbai, Maharashtra, 400051

Tel : 91-22-26447616/26447528
Email : investors:indianoil.in
Website : http://www.iocl.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 530965
NSE Code : IOC
Book Closure Date (Month) :
BSE Group : A
ISIN : INE242A01010

FAQ’s on Indian Oil Corporation Ltd Shares

You can buy Indian Oil Corporation Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indian Oil Corporation Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 15, 2024 03:09 PM the closing price of Indian Oil Corporation Ltd was ₹ 160.70.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 15, 2024 03:09 PM, the market cap of Indian Oil Corporation Ltd stood at ₹ 226,928.29.

The latest PE ratio of Indian Oil Corporation Ltd as of Mar 15, 2024 03:09 PM is 4.84

The latest PB ratio of Indian Oil Corporation Ltd as of Mar 15, 2024 03:09 PM is 0.74

The 52-week high of Indian Oil Corporation Ltd is ₹ 196.80 while the 52-week low is ₹ 75.75

According to analyst recommendations, Indian Oil Corporation Ltd has a “Buy” rating for the long term.

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