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

IOC's revenue projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 0.696000
forwardPE 8.380374
debtToEquity 72.631000
earningsGrowth 0.000000
revenueGrowth 0.021000
grossMargins 0.146800
operatingMargins 0.067280
trailingEps 18.050000
forwardEps 18.618500

Indian Oil Corporation Limited's current ratio being 0.696 indicates that the company's cash reserves and current assets may not be enough to cover its short-term debt. This raises potential liquidity concerns, suggesting Indian Oil Corporation Limited might need to secure additional funding to meet its obligations.
Indian Oil Corporation Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in Indian Oil Corporation Limited's earnings potential, with forecasts indicating better financial performance than in the prior year.

Price projections:

Price projections for IOC
Price projections for IOC

Over time, price projections for IOC have gradually increased, reflecting rising confidence in the company's future performance. This upward trend suggests analysts expect IOC to continue on a positive growth trajectory.

Recommendation changes over time:

Recommendations trend for IOC
Recommendations trend for IOC


IOC has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as IOC is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.