Indian Oil Corporation share price
NSE: IOCBSE: 530965Petroleum ProductsLarge Cap
Last close ₹129.09down ₹1.89 (1.44%)BSE ₹129.00
Share price at the NSE close on 23 Oct 2026. Previous close ₹130.98.
52-week range of traded prices to 23 Oct 2026
₹124.92Low, 14 Oct 2026₹188.96High, 27 Feb 2026
- Next results date: the board meets on 30 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,82,291 Cr41st largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 31 Jul 2026
- 5.4
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 6.39%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 31 Jul 2026
- 16.6%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 31 Jul 2026
- 13.8%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 0.58
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 71,42,37744.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 31 Jul
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,81,933 Crup 19.01%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- −₹1,141 CrQuarter to Mar 2026: ₹15,176 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- −0.4%
Revenue by year
Peak revenue ₹9,51,410 Cr, year to Mar 2023
Net profit by year, a loss in red
- Net profit
- Loss
A loss in 1 of the 10 years shown
| ₹ crore | Sep 2024Filed 29 Oct | Dec 2024Filed 27 Jan | Mar 2025Filed 12 Jun | Jun 2025Filed 14 Aug | Sep 2025Filed 27 Oct | Dec 2025Filed 5 Feb | Mar 2026Filed 28 May | Jun 2026Filed 31 Jul |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,98,616what Revenue, Sep 2024, includes. This period's revenue includes excise duty of ₹23,640 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,19,522what Revenue, Dec 2024, includes. This period's revenue includes excise duty of ₹25,508 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,21,360what Revenue, Mar 2025, includes. This period's revenue includes excise duty of ₹26,090 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,21,849what Revenue, Jun 2025, includes. This period's revenue includes excise duty of ₹29,508 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,06,447what Revenue, Sep 2025, includes. This period's revenue includes excise duty of ₹27,819 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,36,257what Revenue, Dec 2025, includes. This period's revenue includes excise duty of ₹31,100 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,36,899what Revenue, Mar 2026, includes. This period's revenue includes excise duty of ₹28,610 crore, a tax on the goods the company makes that it collects and pays to the government. | 2,81,933what Revenue, Jun 2026, includes. This period's revenue includes excise duty of ₹15,526 crore, a tax on the goods the company makes that it collects and pays to the government. |
| Net profit | −449 | 2,147 | 8,368 | 6,808 | 8,191 | 13,502 | 15,176 | −1,141 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | −0.2% | 1.0% | 3.8% | 3.1% | 4.0% | 5.7% | 6.4% | −0.4% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- Petroleum ProductsPetroleum Products, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹8,42,195 Crup 4.77%91.5%
- GasGas, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹44,512 Crup 5.13%4.8%
- PetrochemicalsPetrochemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹28,102 Crup 0.26%3.1%
- Other Business ActivitiesOther Business Activities, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,288 Cr0.6%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 26% of 2,389 trading days over the last 10 years.
LowestHighest
Its median7.8Industry median16.1
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 16% of 1,975 trading days since Nov 2018.
LowestHighest
Its median1.0Industry median1.5
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.4.6
At or below today's level on 17% of 1,975 trading days since Nov 2018.
LowestHighest
Its median6.0Industry median15.4
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 58% of 2,461 trading days over the last 10 years.
LowestHighest
Its median6.02%Industry median4.31%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +12.1% | +209.6% | −65.8% | 6.1% |
| 3 years | +25.4% | +62.6% | −26.1% | 5.2% |
| 5 years | +23.2% | +14.2% | +2.6% | 6.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.
Mutual funds holding it
194 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 139 of the 148 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.Mutual fund holdings
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 2
- AddedAdded. Funds that held more shares than at the end of the month before.
- 85
- CutCut. Funds that held fewer shares than at the end of the month before.
- 63
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 38
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 1
| Fund | |||
|---|---|---|---|
 Kotak Arbitrage FundKotak Mahindra Mutual Fund | 3,84,29,625 | 0.69% | ₹518.5 Cr |
 SBI Contra FundSBI Mutual Fund | 3,60,49,578 | 1.08% | ₹486.4 Cr |
 ICICI Prudential Aggressive Hybrid FundICICI Prudential Mutual Fund | 2,74,30,547 | 0.73% | ₹370.1 Cr |
| ICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund | 2,30,13,899 | 0.98% | ₹310.5 Cr |
| Bharat 22 ETFICICI Prudential Mutual Fund | 2,10,27,317 | 2.96% | ₹282.1 Cr |
| SBI Arbitrage FundSBI Mutual Fund | 1,93,39,125 | 0.56% | ₹260.9 Cr |
| SBI Energy Opportunities FundSBI Mutual Fund | 1,76,47,288 | 2.99% | ₹238.1 Cr |
| ICICI Prudential Energy Opportunities FundICICI Prudential Mutual Fund | 1,51,80,032 | 2.55% | ₹204.8 Cr |
| ICICI Prudential Nifty Next 50 Index FundICICI Prudential Mutual Fund | 1,49,01,122 | 2.06% | ₹201.1 Cr |
| ICICI Prudential India Opportunities FundICICI Prudential Mutual Fund | 1,38,98,769 | 0.51% | ₹187.5 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Refineries & Marketing, 13 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Indian Oil Corporation in market cap. 1 company in its own group left out: one owns more than half of the other, directly or through a company it controls, or one owner more than half of both.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Reliance IndustriesRELIANCE | 16,10,372 | 21.6 | 1.8 | 10.0 | +14.7% | −8.3% | 8.6% | 8.5% | 0.50% |
 Bharat Petroleum CorporationBPCL | 1,22,324 | 7.1 | 1.2 | 5.4 | +10.1% | −1.2% | 18.9% | 13.5% | 6.21% |
 Hindustan Petroleum CorporationHINDPETRO | 71,984 | 50.1 | 1.4 | 15.4 | +13.8% | −89.7% | 2.6% | 1.0% | 7.17% |
 Mangalore Refinery and PetrochemicalsMRPL | 28,436 | 6.4 | 1.7 | 4.0 | +35.2% | +327.4% | 29.1% | 28.8% | 4.31% |
 Rajasthan SecuritiesRAJSEC | 463 | 7.0 | 4.0 | 18.7 | – | +298.7% | 87.1% | 21.1% | 0.00% |
 Kotyark IndustriesKOTYARK | 368 | – | – | – | – | – | – | – | 1.40% |
 Rajputana BiodieselRAJPUTANA | 141 | 13.4 | 2.8 | – | +81.3% | +77.7% | 23.2% | – | 0.00% |
 ResgenRESGEN | 90 | 8.9 | 1.3 | – | – | – | 15.0% | – | 0.00% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹12.00 a share, year to Mar 2024.
| Ex-date | Type | Per share |
|---|---|---|
| 14 Aug 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹1.25 |
| 12 Mar 2026 | Interim | ₹2.00 |
| 18 Dec 2025 | Interim | ₹5.00 |
| 8 Aug 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹3.00 |
| 12 Jul 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹7.00 |
| 10 Nov 2023 | Interim | ₹5.00 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
1 Oct · News Verification
The exchange asked on 30 Sep 2026
Sep 2026
18 Sep · Management
Indian Oil Corporation share price by year
Each calendar year to 2025.Indian Oil Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 166.46 | +22.0% | 173.12 | 113.49 |
| 2024 | 136.41 | +5.1% | 192.40 | 130.30 |
| 2023 | 129.85 | +69.7% | 133.25 | 76.05 |
| 2022 | 76.50 | +2.9% | 90.03 | 65.75 |
| 2021 | 74.33 | +22.6% | 93.63 | 58.00 |
| 2020 | 60.63 | −27.6% | 84.67 | 47.70 |
| 2019 | 83.70 | −8.4% | 113.13 | 78.17 |
| 2018 | 91.37 | −29.5% | 139.30 | 78.70 |
| 2017 | 129.52 | +19.5% | 151.57 | 109.15 |
| 2016 | 108.35 | +51.7% | 109.08 | 60.45 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 130.00 | 130.31 | 126.50 | 129.09 | 127.83 | 71,42,377 | 44.3% |
| 22 Oct 2026 | 129.00 | 130.98 | 127.75 | 130.98 | 129.37 | 66,16,574 | 56.8% |
| 21 Oct 2026 | 130.10 | 131.60 | 128.93 | 129.61 | 129.93 | 1,37,53,877 | 57.6% |
| 19 Oct 2026 | 129.90 | 130.83 | 129.36 | 130.25 | 130.08 | 45,67,989 | 51.1% |
| 16 Oct 2026 | 128.36 | 130.38 | 126.81 | 130.38 | 129.07 | 1,18,45,114 | 56.5% |
| 15 Oct 2026 | 127.90 | 129.15 | 126.51 | 128.83 | 128.17 | 68,63,555 | 53.3% |
| 14 Oct 2026 | 125.50 | 127.80 | 124.92 | 127.80 | 126.91 | 69,66,502 | 50.1% |
| 13 Oct 2026 | 125.85 | 126.21 | 125.00 | 126.14 | 125.59 | 62,50,457 | 54.5% |
| 12 Oct 2026 | 127.40 | 128.20 | 125.35 | 125.35 | 126.68 | 1,06,05,346 | 65.5% |
| 9 Oct 2026 | 126.05 | 127.13 | 125.64 | 126.35 | 126.26 | 73,16,124 | 51.8% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus share history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 30 Jun 2022 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 15 Mar 2018 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 18 Oct 2016 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 29 Oct 2009 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
About Indian Oil Corporation
Indian Oil Corporation refines crude oil into fuels and petrochemicals, moves them through pipelines and sells them to motorists, households, industry and airlines across India. It has 10 refineries, including the refinery of its group company Chennai Petroleum, with a combined capacity of about 80 million tonnes a year, supported by more than 20,000 km of pipelines.
The business is organised in five groups: refining, pipelines and marketing; petrochemicals; natural gas; exploration and production; and alternative energy and other businesses. Its petrochemicals include polymers, fibre intermediates and performance chemicals. In natural gas, it has a share in a 5 million tonne a year LNG import terminal at Ennore and, with its joint ventures, holds authorisation across 49 geographical areas for city gas distribution. It holds interests in 10 overseas oil and gas blocks, and its newer businesses include renewable power, green hydrogen and biofuels.
In India it sells through more than 42,000 retail outlets and 12,940 LPG distributorships, and it employs around 30,000 people. Abroad, it has subsidiaries, joint ventures and participating interests in South Asia, the Indian Ocean region and the Middle East.
The company was formed on 1 September 1964, when Indian Refineries Limited, incorporated in 1958, merged with Indian Oil Company Limited, incorporated in 1959. Its early refineries were at Guwahati, Barauni and Koyali. In the 2000s it entered petrochemicals, natural gas, exploration and production and overseas operations, and acquired IBP and a stake in Chennai Petroleum. The Government of India holds a majority of the company and conferred Maharatna status on it in 2010, the highest class given to a central public sector enterprise.
- Legal name
- Indian Oil Corporation Limited
- NSE symbol
- IOC
- BSE code
- 530965
- ISIN
- INE242A01010
- Industry
- Petroleum Products
- Listed
- Aug 1995 on BSE, Jul 1996 on NSE
- Face value
- ₹10
- CIN
- L23201MH1959GOI011388
- Corporate identity number, the registrar of companies' code for it
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