RESEARCH REPORT ON INDIAN OIL CORPORATION LIMITED
Indian Oil Corporation Limited is an India-based oil company. The Company’s segments include Petroleum Products, Petrochemicals and Other Business Activities. Its Other Business Activities segment includes gas, oil and gas exploration activities, explosives and cryogenic business, and wind mill and solar power generation. Its business interests span the entire hydrocarbon value-chain ranging from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources and globalization of downstream operations. It has a network of fuel stations, bulk storage terminals, inland depots, aviation fuel stations, liquefied petroleum gas (LPG) bottling plants and lube blending plants. It also has set up approximately 257 electric vehicle (EV) charging stations and 29 battery swapping stations at its energy pumps across the country. It owns and operates approximately nine refineries across India.
COMPANY PROFILE
Indian Oil Corporation Limited
The Energy of India
Type CPSU
Traded as
• BSE: 530965
• NSE: IOC
ISIN
INE242A01010
Industry Energy: Oil and gas
Predecessor • Indian Refineries Ltd. (1958)
• Indian Oil Corporation (1959)
Founded 30 June 1959; 63 years ago
Headquarters • New Delhi, India (headquarters)
• Mumbai, Maharashtra, India (registered office)
Area served India, Sri Lanka, Middle East, Mauritius & Worldwide
Key people Shrikant Madhav Vaidya (Chairman)
Products • LNG
• Lubricants
• Natural gas
• Petrochemicals
• Petroleum
Revenue ₹736,730 crore (US$92 billion) (2022)
Operating income
₹33,053 crore (US$4.1 billion) (2022)
Net income
₹24,491 crore (US$3.1 billion) (2022)
Total assets
₹410,624 crore (US$51 billion) (2022)
Total equity
₹133,535 crore (US$17 billion) (2022)
Owner Ministry of Petroleum and Natural Gas, Government of India
Number of employees 33,498 (2021)
Divisions
• Indian Oil (Mauritius) Limited
• Lanka IOC PLC
• IOC Middle East FZE
Subsidiaries
• Indane (LPG)
• Chennai Petroleum Corporation Limited
Website www.iocl.com
FUNDAMENTALS
SHAREHOLDING
FINANCIALS
REVENUE
NET PROFIT
EPS
BVPS
ROE
DEBT TO EQUITY
TECHNICAL ANALYSIS
BUY IOCL AT 78 TARGET 90, 98 STOP LOSS 65 (1-3 MONTHS)
RATIO ANALYSIS
Disclaimer: This research report is prepared by Shyam Advisory Limited, while making this report we have taken data from available sources and there may be errors in the data shown. We do not guarantee the accuracy of data and recommendation given in this report. Recommendation is for information purpose only.