Is Indian Oil Corporation a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Indian Oil Corporation Ltd is a good quality company .

Is Indian Oil Corporation undervalued or overvalued?

The key valuation ratios of Indian Oil Corporation Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Indian Oil Corporation share price return in the past 10 years?

Indian Oil Corporation Ltd share price has appreciated 8.6% annually (CAGR) over the past ten years.

Is Indian Oil Corporation a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Indian Oil Corporation Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Indian Oil Corporation?

The latest standalone P/E ratio of Indian Oil Corporation as of 21-Nov-2024 is 11.96.

What is the P/B ratio of Indian Oil Corporation?

The latest standalone P/B ratio of Indian Oil Corporation as of 21-Nov-2024 is 1.08.

What is the 52-week high and low of Indian Oil Corporation?

The 52-week high of Indian Oil Corporation is Rs. 196.80 and the 52-week low is Rs. 100.13.

Indian Oil Corporation Ltd - Stock Valuation and Financial Performance

Name: Indian Oil Corporation
Brand: Indian Oil Corporation

BSE: 530965 | NSE: IOC | Refineries | Large Cap

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Indian Oil Corp. Share Price

₹131 -2.15 -1.61%
as on 21-Nov'24 14:27

10 Year X-Ray of Indian Oil Corp.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	10.2%	8.3%	15.1%	20.2%	22.4%	16.2%	1.2%	16.2%	16.4%	6.5%	-
Value Creation Index ⓘ	-0.1	-0.3	0.3	0.8	1.0	0.4	-0.9	0.4	0.5	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	4,73,210	4,37,524	3,47,176	3,59,942	4,24,039	5,28,982	4,89,305	3,84,763	5,98,149	8,39,472	8,54,026
Sales YoY Gr.	-	-7.5%	-20.7%	3.7%	17.8%	24.8%	-7.5%	-21.4%	55.5%	40.3%	-
Adj EPS ⓘ	5.8	2.9	8.4	12.6	14.5	12.7	8.6	14.4	17.9	9.8	11.1
YoY Gr.	-	-50.5%	194%	50.7%	14.8%	-12.3%	-32.3%	67.6%	24.2%	-45.5%	-
BVPS (₹) ⓘ	45.3	46.6	62	70.1	77.5	78.9	68.1	80.2	95.3	97.9	123.7
Adj Net Profit ⓘ	8,398	4,151	11,910	18,394	21,124	17,948	12,148	20,349	25,271	13,421	15,731
Cash Flow from Ops. ⓘ	22,050	44,529	22,944	27,799	26,457	12,422	7,190	48,784	22,791	20,985	-
Debt/CF from Ops. ⓘ	3.9	1.2	2.3	2	2.2	7	16.2	1.9	4.9	6.3	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.6%	14.6%	19.7%	40.3%
Adj EPS ⓘ	6%	-7.6%	4.3%	-45.5%
BVPSⓘ	9%	4.8%	12.9%	2.6%
Share Price	8.6%	8.8%	14.9%	29.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	13.2	6.2	15.3	19.6	20.1	16.4	12	19.9	20.9	10.1	10.1
Op. Profit Mgn % ⓘ	4.1	2.2	6.8	8.9	9.4	6.7	4.7	9.9	7.5	3.5	4.5
Net Profit Mgn % ⓘ	1.8	1	3.4	5.1	5	3.4	2.5	5.3	4.2	1.6	1.8
Debt to Equity ⓘ	1.3	0.8	0.6	0.6	0.5	0.8	1.2	0.9	0.8	1	0.3
Working Cap Days ⓘ	94	90	81	77	83	79	84	89	69	60	32
Cash Conv. Cycle ⓘ	27	21	15	19	22	22	27	28	28	29	-16

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.71%

Debt to equity has declined versus last 3 years average to 0.98

Return on Equity has declined versus last 3 years average to 10.10%

Net Profit has been subdued in last 3 years 4.27%

Sales growth is not so good in last 4 quarters at -2.76%

Latest Financials - Indian Oil Corporation Ltd.

	Standalone	Consolidated
TTM EPS (₹)	11.1	12.4
TTM Sales (₹ Cr.)	8,54,026	8,69,022
BVPS (₹.) ⓘ	123.7	128.7
Reserves (₹ Cr.) ⓘ	1,60,506	1,67,594
P/BV ⓘ	1.08	1.03
PE ⓘ	11.96	10.72

From the Market
52 Week Low / High (₹)	100.13 / 196.80
All Time Low / High (₹)	5.67 / 196.80
Market Cap (₹ Cr.)	1,88,024
Equity (₹ Cr.)	14,121.2
Face Value (₹)	10
Industry PE ⓘ	29.5

Management X-Ray of Indian Oil Corp.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Indian Oil Corp.

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Indian Oil Corp.

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	4,37,524	3,47,176	3,59,942	4,24,039	5,28,982	4,89,305	3,84,763	5,98,149	8,39,472	7,74,349
Operating Expenses ⓘ	4,28,764	3,26,112	3,28,134	3,84,311	4,95,125	4,70,455	3,46,669	5,55,029	8,17,197	7,04,912
Manufacturing Costs	24,108	24,106	23,752	26,117	29,505	29,708	28,104	33,265	36,669	39,021
Material Costs	3,92,438	2,89,374	2,83,616	3,43,225	4,47,005	4,22,847	3,01,111	5,03,383	7,58,235	6,47,068
Employee Cost	7,105	7,114	9,719	10,079	11,102	8,793	10,712	10,992	8,770	11,080
Other Costs ⓘ	5,112	5,518	11,046	4,890	7,513	9,108	6,742	7,389	13,523	7,743
Operating Profit ⓘ	8,760	21,065	31,809	39,727	33,857	18,850	38,093	43,120	22,275	69,437
Operating Profit Margin (%)	2.0%	6.1%	8.8%	9.4%	6.4%	3.9%	9.9%	7.2%	2.7%	9.0%
Other Income ⓘ	5,554	2,322	4,201	3,415	3,129	3,555	5,378	4,475	6,235	4,781
Interest ⓘ	3,458	3,106	3,465	3,511	4,344	6,028	3,951	4,857	6,953	7,364
Depreciation ⓘ	4,529	4,819	6,223	7,067	7,514	8,766	9,804	11,006	11,859	14,510
Exceptional Items ⓘ	1,668	1,364	0	0	0	-11,305	0	0	0	0
Profit Before Tax ⓘ	7,995	16,827	26,321	32,564	25,127	-3,694	29,716	31,733	9,698	52,344
Tax ⓘ	2,722	5,584	7,215	11,218	8,233	-5,007	7,880	7,549	1,456	12,725
Profit After Tax	5,273	11,242	19,106	21,346	16,894	1,313	21,836	24,184	8,242	39,619
PAT Margin (%)	1.2%	3.2%	5.3%	5.0%	3.2%	0.3%	5.7%	4.0%	1.0%	5.1%
Adjusted EPS (₹)	3.6	7.9	13.4	15.0	12.3	1.0	15.9	17.6	6.0	28.8
Dividend Payout Ratio (%)	30%	30%	47%	93%	50%	297%	50%	48%	50%	42%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	67,970	88,134	99,729	1,10,171	1,08,658	93,769	1,10,500	1,31,286	1,34,758	1,76,715
Share Capital ⓘ	2,428	2,370	4,739	9,479	9,181	9,181	9,181	9,181	13,772	13,772
Reserves ⓘ	65,542	85,765	94,989	1,00,692	99,476	84,588	1,01,319	1,22,105	1,20,986	1,62,943
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	49,711	42,483	50,385	55,526	83,260	1,12,737	90,139	98,062	1,16,669	1,00,119
Long Term Debt	32,731	24,938	20,312	18,718	34,666	49,251	48,966	50,580	58,158	41,368
Short Term Debt	16,979	17,546	30,073	36,808	48,594	63,486	41,173	47,483	58,511	58,751
Trade Payables	29,200	22,332	30,134	32,921	37,383	25,224	33,591	42,485	48,676	51,501
Others Liabilities ⓘ	80,344	77,677	95,558	1,02,202	1,04,887	98,334	1,22,734	1,27,954	1,32,288	1,47,088
Total Liabilities ⓘ	2,27,224	2,30,627	2,75,805	3,00,820	3,34,187	3,30,064	3,56,964	3,99,788	4,32,390	4,75,423
Fixed Assets
Gross Block	1,21,643	96,038	1,18,709	1,31,686	1,43,879	1,65,758	1,85,023	1,96,192	2,23,884	2,53,435
Accumulated Depreciation	55,392	4,691	10,829	17,759	25,171	32,076	41,623	49,220	58,300	72,470
Net Fixed Assetsⓘ	66,251	91,347	1,07,879	1,13,927	1,18,708	1,33,682	1,43,400	1,46,971	1,65,584	1,80,965
CWIP ⓘ	36,324	21,025	10,738	14,348	23,599	29,738	33,052	44,446	48,991	59,066
Investmentsⓘ	23,899	37,181	47,305	47,488	49,940	39,139	48,619	57,787	57,519	71,088
Inventories	45,544	38,739	62,241	65,313	71,470	63,678	78,188	1,03,207	1,13,853	1,12,507
Trade Receivables	6,758	7,549	8,502	10,117	15,458	12,844	13,380	18,137	15,667	12,779
Cash Equivalents	116	513	87	83	88	589	1,668	883	773	832
Others Assetsⓘ	48,332	34,273	39,054	49,543	54,924	50,395	38,656	28,357	30,003	38,185
Total Assets ⓘ	2,27,224	2,30,627	2,75,805	3,00,820	3,34,187	3,30,064	3,56,964	3,99,788	4,32,390	4,75,423

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	44,529	22,944	27,799	26,457	12,422	7,190	48,784	22,791	20,985	68,097
PBT ⓘ	7,995	16,827	26,321	32,564	25,127	-3,694	29,716	31,733	9,698	52,344
Adjustment ⓘ	4,929	6,927	14,233	4,981	8,272	9,139	12,684	11,923	18,759	18,282
Changes in Working Capital ⓘ	33855	2254	-6029	-4207	-15518	3552	10311	-13634	-7332	8109
Tax Paid ⓘ	-2,250	-3,063	-6,726	-6,881	-5,460	-1,807	-3,927	-7,231	-140	-10,639
Cash Flow From Investing Activity ⓘ	-8,648	-12,417	-14,734	-15,779	-20,771	-26,882	-21,058	-20,800	-25,286	-29,702
Capex	-2,693	-4,307	-4,595	-7,165	-5,917	-10,978	-3,560	-3,855	-3,333	-3,674
Net Investments	346	-9	142	-313	-13	-736	-4,465	-1,804	-809	852
Others ⓘ	-6,301	-8,101	-10,281	-8,301	-14,841	-15,168	-13,032	-15,141	-21,143	-26,880
Cash Flow From Financing Activityⓘ	-38,374	-10,367	-13,275	-10,678	8,334	20,189	-27,948	-1,595	3,954	-38,294
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	549	-4,003	-10,665	-3,549	16,402	14,947	8,002	8,711	6,515	-16,943
Interest Paid ⓘ	-4,473	-3,479	-2,426	-2,452	-3,775	-3,848	-4,147	-4,202	-6,316	-7,389
Dividend Paid ⓘ	-2,471	-3,450	-12,707	-11,408	-11,635	-5,802	-8,383	-10,896	-3,309	-11,022
Others ⓘ	-31,979	565	12,524	6,731	7,343	14,893	-23,420	4,792	7,064	-2,941
Net Cash Flow ⓘ	-2,493	160	-209	1	-15	497	-222	396	-347	101

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	7.88	14.41	20.34	20.34	15.44	1.3	21.38	20	6.2	25.44
ROCE (%)	8.32	15.09	20.16	22.35	16.23	1.15	16.22	16.37	6.54	21.31
Asset Turnover Ratio	1.96	1.78	1.79	1.79	1.95	1.75	1.53	1.96	2.25	1.91
PAT to CFO Conversion(x)	8.44	2.04	1.45	1.24	0.74	5.48	2.23	0.94	2.55	1.72
Working Capital Days
Receivable Days	7	6	6	7	8	9	9	8	7	6
Inventory Days	42	38	41	45	40	43	49	45	42	48
Payable Days	30	33	34	34	29	27	36	28	22	28

Indian Oil Corporation Ltd Stock News

Indian Oil Corporation Ltd FAQs

What is the share price of Indian Oil Corp.?

Company share prices are keep on changing according to the market conditions. The closing price of Indian Oil Corp. on 21-Nov-2024 14:27 is ₹131.0.

What is the market cap of Indian Oil Corp.?

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 21-Nov-2024 14:27 the market cap of Indian Oil Corp. stood at ₹1,88,024.3.

What is the P/E ratio of Indian Oil Corp.?

The latest P/E ratio of Indian Oil Corp. as of 21-Nov-2024 14:27 is 11.96.

What is the P/B ratio of Indian Oil Corp.?

The latest P/B ratio of Indian Oil Corp. as of 21-Nov-2024 14:27 is 1.08.

What is the 52-week high and low of Indian Oil Corp.?

The 52-week high of Indian Oil Corp. is ₹196.8 and the 52-week low is ₹100.1.

What is the TTM revenue of Indian Oil Corp.?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Oil Corp. is ₹8,54,026 ( Cr.) .

About Indian Oil Corporation Ltd

Indian Oil Corporation (IOC), India's flagship national oil company and downstream petroleum major, was incorporated on June 30, 1959 as Indian Oil Company. The company was renamed as Indian Oil Corporation on September 1, 1964 following the merger of Indian Refineries (established 1958) with it. IOC is a public limited company incorporated and domiciled in India. Its shares are listed on Bombay Stock Exchange and National Stock Exchange in India. It also has global aspirations, fulfilled to an extent by the formation of overseas subsidiaries. It is pursuing diverse business interests with the setting up of various joint ventures with reputed business partners from India and abroad to explore global opportunities.

Business

Indian Oil is India's flagship Maharatna national oil company with business interests straddling the entire hydrocarbon value chain - from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations.

Product and services

Refining
Pipelines
Marketing
R&D Centre - Technology Licensing
Petrochemicals
Natural Gas
E & P
Explosives
Cryogenics

Awards

IndianOil has been voted as a ‘Great Place to Work’ for the year 2019. Ranked 29th on the list featuring the country’s business, academia and government organizations.
IndianOil has been ranked as the third strongest Indian brand in the latest annual report of UK-based Brand Finance. Basis its performance on multiple parameters such as marketing investment, stakeholder equity and business performance, the Company has been assigned a Brand Strength Index (BSI) score of 84.6 out of 100, making it the strongest oil & gas brand in the country.
IndianOil bagged the prestigious ‘Vigilance Excellence Award’ of the Central Vigilance Commission for its outstanding vigilance awareness initiatives during 2019.
IndianOil was felicitated with the Super Buyer Award-2019 in December 2019 for excellence in procurement through the Government e-Market Place.
IndianOil was adjudged first amongst PSUs in the 3rd Innovative Practices Awards-2019 for Sustainable Development Goals (SDGs) by the United Nations Global Compact Network-India at a felicitation ceremony held at Mumbai in May 2019.
IndianOil won recognition as the Best PSU/Corporate for promotion of sports at the annual Sportstar Aces Awards-2019.
IndianOil bagged the award for the best company in the Oil (Refining & Marketing) category at Dun & Bradstreet’s Annual Corporate Awards-2019 event held at Mumbai in June 2019.
IndianOil bagged the AIMA Managing India Award-2019 for Outstanding PSU of the Year.
IndianOil’s Corporate Social Responsibility (CSR) efforts received national recognition from the Government of India with the Ministry of Corporate Affairs felicitating select corporates for outstanding CSR initiatives for the very first time.
IndianOil bagged the Federation of Indian Petroleum Industry’s (FIPI) ‘Sustainably Growing Corporate of the Year’ award for excellence in sustainability performance and benefits extended to society and the environment, at a glittering awards ceremony held at New Delhi in December 2019.
IndianOil was bestowed with the ‘Company of the Year’ award in petrochemicals category by FICCI (Federation of Indian Chambers of Commerce and Industry) in November 2019.
IndianOil bagged the Swachhta Pakhwada Awards-2019, an MoP&NG initiative to honour companies that have done exemplary work during the Swachhta Pakhwada fortnight (July 1-15, 2019). IndianOil’s Panipat Refinery bagged the 2nd Best Swachh Refinery Award and IndianOil itself bagged the 3rd prize among undertakings which undertook the best initiatives during the fortnight.
IndianOil’s AmyleMax technology has won recognition as the Best Indigenously Developed Technology at the Refineries & Petrochemicals Technology Meet-2020 hosted by the Centre for High Technology in April 2019.
IndianOil and its lubricant brand SERVO have been conferred the Reader’s Digest Trusted Brands (2019) recognition for another successive year in June 19.
IndianOil was felicitated as the Best Performer in Maharatna category for promotion of SC/ST entrepreneurs during 2019 by the Ministry of Micro, Small and Medium Enterprises, Govt. of India.
IndianOil bagged the Express Supply Chain & Logistics Award for the ‘Most Humanitarian Supply Chain in POL Sector’ in recognition of its efforts in maintaining rescue supplies during Cyclone Fani on the east coast, floods in Kerala, and the rescue supplies provided to Indonesia in the aftermath of the Tsunami through the NDRF (National Disaster Response Force).
IndianOil was conferred the ‘Supply Chain and Logistics Excellence Award’ (SCALE Award) by CII (Confederation of Indian Industries) for the best supply chain management in the petroleum sector.
IATA (International Air Transport Association) honoured IndianOil with Award of Recognition at the Aviation Fuel Forum held in New Orleans, USA, in December 2019.
Best Swachh Iconic Place (SIP) Award 2019: SIP is a unique initiative of the Government of India, under which over 30 places of religious, tourist and archaeological importance are being developed with support from various public/private companies as CSR partners.
IndianOil was recognised as one of the top 10 digitally empowered PSUs of the country at the 17th Infotech Forum organised by Var India, India’s frontline IT magazine, in June 19.
Several IndianOil locations, including Bongaigaon and Guwahati refineries, Paradip Terminal, Panipat Marketing Complex, LPG bottling plant at Madurai, and Rajkot depot bagged the National Safety Awards in September 2019.
IOCian and India opener Rohit Sharma was adjudged the best sportsman of the Year (cricket) at the annual Sportstar Aces Awards-2019 given away at Mumbai in January 2020.
IndianOil was felicitated with Best Practices in CSR Award-2020 among PSUs at the 6th International Conference on CSR organised by the Institute of Public Enterprises, Hyderabad, in January 2020.