Welcome to Multibagg AI
Log in to access personalized features
Dashboard
Portfolio
Ask Iris
Discovery
Timeline
Multibagg AI is an AI powered stock research and analysis platform. We provide data, information, content, and analytics for publicly traded Indian companies listed on NSE and BSE. AI can make mistakes, check important information.
Prices might be delayed by a few minutes.
Join our Exclusive Community
Join our Exclusive Community
Made with 💙 in India. © Finsky Technologies Pvt Ltd. 2026
Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.
Investor Presentation
Q3 FY26
Investor Presentation
Q2 FY26
Investor Presentation
Q1 FY26
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q4 FY25
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q2 FY24
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY23
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY22
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Investor Presentation
Q3 FY21
Available on Pro Plan
Unlock reports, presentations, and AI-powered insights.
Bearish
4
Neutral
2
Bullish
8
Bearish
36
Neutral
2
Bullish
8
Bearish
32
Neutral
0
Bullish
0
Discovery themes featuring this stock
Indian Oil Corporation Limited (IndianOil) is India’s Maharatna integrated oil major operating across the hydrocarbon value chain — refining, pipelines, marketing, petrochemicals, exploration and production, alternative energy and global downstream operations, with a very large retail network and significant government ownership and operational scale across India and select overseas markets.
Q3 and 9M FY25‑26 results show healthy operating profitability with Q3 PAT of Rs 12,126 crore and 9M PAT of Rs 25,425 crore, EBITDA contribution of Rs 22,046 crore in Q3 and Rs 51,373 crore in 9M, underpinned by refinery throughput running above nameplate with 109.7% utilisation in Q3 and strong marketing volumes totaling 27.184 MMT in Q3.
IndianOil is in an aggressive capital expenditure phase with Rs 24,336 crore incurred in 9M FY25‑26 and a FY26 capex target of Rs 34,701 crore, executing multiple near‑completion projects including Panipat expansion to 25 MMTPA, Gujarat expansion and PX‑PTA complex, indicating a meaningful capacity and product slate transformation over 2026.
The company has mobilised a large alternative energy and mobility play: over 13,614 EV charging stations and 128 battery swapping facilities, launches of EV‑specific lubricants, IndiGreen battery swap points and expanded CBG plants, showing IndianOil is diversifying retail services and product offerings while leveraging its retail footprint as a platform for new energy services.
Operational risk signals include exchange fluctuation losses and elevated interest expenditure (Rs 1,978 crore Q3 interest; Rs 6,120 crore 9M), while strategic strengths include high refinery yields, integrated petrochemical capacity gains and a dominant retail network enabling cross‑sell of new fuels, lubricants and mobility services at scale.
Petroleum Products
Refineries & Marketing
1,89,719 Cr
Low Risk
5.2
14.4
—
1.0
188.90
120.05
Sales CAGR
Profit CAGR
ROE
ROCE
Discovery themes featuring this stockDiscover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
View Standalone
Indian Oil Corporation Ltd (IOC) is currently trading at 134.35 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Indian Oil Corporation Limited (IndianOil) is India’s Maharatna integrated oil major operating across the hydrocarbon value chain — refining, pipelines, marketing, petrochemicals, exploration and production, alternative energy and global downstream operations, with a very large retail network and significant government ownership and operational scale across India and select overseas markets. Q3 and 9M FY25‑26 results show healthy operating profitability with Q3 PAT of Rs 12,126 crore and 9M PAT of Rs 25,425 crore, EBITDA contribution of Rs 22,046 crore in Q3 and Rs 51,373 crore in 9M, underpinned by refinery throughput running above nameplate with 109.7% utilisation in Q3 and strong marketing volumes totaling 27.184 MMT in Q3. IndianOil is in an aggressive capital expenditure phase with Rs 24,336 crore incurred in 9M FY25‑26 and a FY26 capex target of Rs 34,701 crore, executing multiple near‑completion projects including Panipat expansion to 25 MMTPA, Gujarat expansion and PX‑PTA complex, indicating a meaningful capacity and product slate transformation over 2026. The company has mobilised a large alternative energy and mobility play: over 13,614 EV charging stations and 128 battery swapping facilities, launches of EV‑specific lubricants, IndiGreen battery swap points and expanded CBG plants, showing IndianOil is diversifying retail services and product offerings while leveraging its retail footprint as a platform for new energy services. Operational risk signals include exchange fluctuation losses and elevated interest expenditure (Rs 1,978 crore Q3 interest; Rs 6,120 crore 9M), while strategic strengths include high refinery yields, integrated petrochemical capacity gains and a dominant retail network enabling cross‑sell of new fuels, lubricants and mobility services at scale.
Over the past 52 weeks, Indian Oil Corporation Ltd has traded between a low of ₹120.05 and a high of ₹188.90. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Indian Oil Corporation Ltd has a market capitalization of approximately 1,89,718.84. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Indian Oil Corporation Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 5.17 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 1,89,718.84 Cr, Indian Oil Corporation Ltd is classified as a Large Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Indian Oil Corporation Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Indian Oil Corporation Ltd is 5.17. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
Indian Oil achieved its highest-ever crude refining throughput of 75.4 MMT, a record pipeline throughput of 105.3 MMT, and an all-time high petroleum product sales volume of 104.4 MMT in FY26.
Goldman Sachs downgraded IOC to 'Sell' due to an unfavorable risk-reward outlook, projecting a potential 49% downside in a bear-case scenario amid high crude prices and limited pricing flexibility.
The benefit from the excise duty cut was outweighed by a sharp surge in global crude oil prices. This surge significantly increases the input costs for OMCs, squeezing their marketing margins and raising concerns about future profitability.
The Indian government cut the special additional excise duty on petrol from ₹13 per litre to ₹3 per litre. For diesel, the duty was completely removed, bringing it down from ₹10 per litre to zero.
| Symbol | Watchlist | Price | Market Cap | P/E | P/B | Div Yield (%) | ROE (%) | ROCE (%) | ROA (%) |
134.35 | 1,89,719 Cr | 5.17 | 0.96 | 2.18 | 12.62 | 11.95 | 7.14 | ||
279.55 | 1,20,741 Cr | 4.85 | 1.28 | 3.54 | 22.60 | 21.32 | 10.80 | ||
326.15 | 69,399 Cr | 4.51 | 1.22 | 3.22 | 24.49 | 18.08 | 7.94 | ||
181.75 | 31,941 Cr | 14.62 | 2.40 | 0.00 | 7.78 | 10.63 | 6.13 | ||
1032.00 | 15,368 Cr | 7.15 | 1.74 | 0.48 | 13.25 | 16.05 | 12.99 | ||
46.20 | 355 Cr | 17.30 | 4.57 | 0.00 | 65.52 | 65.15 | 18.23 | ||
56.00 | 117 Cr | 14.74 | 2.04 | 0.00 | 13.27 | 18.90 | 11.66 | ||
| Median: 7 Co. | — | 181.75 | 31,941 Cr | 7.15 | 1.74 | 0.48 | 13.27 | 18.08 | 10.80 |
Operational Highlights
Indian Oil's provisional FY2025-26 operational highlights: record refinery crude throughput 75.4 MMT (reliability 99.5%), pipeline 105.3 MMT, consolidated sales 104.4 MMT (+~4%), 909 new retail outlets, lubes 855 TMT (+~15%), petrochemicals 3.22 MMT, RLNG ~5.60 MMT.
Change in Senior Management Personnel
Indian Oil Corp. announced that three senior management executives — M. Annadurai (ED & State Head, Tamil Nadu), Arvind Acharya (ED, PAG) and Piyali Chakraborty (ED‑i/c HR) — superannuated effective 31 Mar 2026.
