Indian Oil Corporation Ltd.
NSE: IOCIndian Oil Corporation Ltd.: A 30-second snapshot
IOC trades at 5.86x trailing PE (7.65x forward) and carries a dividend yield of 5.75%, with a mean analyst rating of 2.45 across 31 analysts (1-5 scale, lower = more constructive). The stock sits at Rs143.38, +8.21% over the past year and +1.19% over 3 months, but is 23.16% below its 52-week high and below the 200-DMA (Rs151.73) while holding above the 50-DMA (Rs140.99). Quality score of 51 ranks 5th of 6 tracked Energy peers, with free cash flow positive in only 2 of the tracked years (persistence consistency score 39/100).
P/E
5.9
Forward P/E
7.6
ROE
—
Debt / Equity
58.45
Profit Margin
+3.9%
Div. Yield
+5.8%
5Y ROE > 15%
2/5
5Y FCF > 0
2/5
Quality
56/100
News
8 headlines · 4 positive · 1 negative
Indian Oil to invest Rs 1 trillion in petchem projects over 5 years - Rediff
Rediff
Indian Oil to commission refinery expansions by yearend - Oil & Gas Journal
Oil & Gas Journal
IOC board revamp to add four MDs - energy.economictimes.indiatimes.com
energy.economictimes.indiatimes.com
Odisha Government Initiates Land Acquisition For Indian Oil's Mega Petrochemical Complex In Paradip - Swarajya
Swarajya
Maharatna PSU stock Indian Oil Corporation sets board meeting date to declare Q1 results 2026 - livemint.com
livemint.com
Recent context
- ·Announced plans to invest Rs1 trillion in petrochemical projects over 5 years (Rediff, Aug 4, 2026).
- ·Refinery expansions are expected to be commissioned by yearend (Oil & Gas Journal, Aug 3, 2026).
- ·Board revamp adding four managing directors, alongside a scheduled board meeting to declare Q1 results (economictimes.indiatimes.com / livemint.com, late July 2026).
Strengths
- +Lowest trailing PE (5.86x) among the six tracked Energy peers (Coal India 8.22x, ONGC 6.90x, BPCL 8.01x, GAIL 11.54x, Reliance 24.15x).
- +Dividend yield of 5.75%, among the higher yields in the tracked peer set.
- +Debt-to-equity of approximately 0.58x once the percent-scaled raw figure is normalized, with debt trend classified 'flat' over the tracked years.
- +News flow skews positive -- 4 positive vs 1 negative of 8 tracked headlines, including items on a Rs1 trillion petrochemical investment plan and refinery expansions targeted for commissioning by yearend.
Weaknesses
- −Free cash flow was positive in only 2 of the tracked years and ROE exceeded 15% in only 2 of the tracked years, with a persistence consistency score of 39/100.
- −Trading below the 200-DMA (Rs151.73) despite holding above the 50-DMA (Rs140.99), and 23.16% below its 52-week high.
- −Quality score of 51 ranks 5th of 6 tracked Energy peers, ahead only of Reliance (44).
- −Current-year ROE and 5-year earnings growth data were unavailable this cycle, limiting a full read on current profitability.
Open questions
- ?Does a flat debt trend alongside free cash flow positive in only 2 of the tracked years suggest capex has been funded through means other than internally generated cash flow?
- ?How might the Rs1 trillion petrochemical investment plan affect the balance sheet and debt trajectory over the next five years relative to the current ~0.58x debt-to-equity?
- ?Does the gap between trailing PE (5.86x) and forward PE (7.65x) reflect an expected step-down in earnings, or a conservative consensus estimate?
- ?What factors might explain a persistence consistency score of 39/100 alongside reported 5-year revenue growth of 38.5%?
Peer comparison: Energy
Ranks 5 of 6 on qualityTechnical state
Current price
₹143.38
SMA 50
₹140.99
SMA 200
₹151.73
RSI (14)
54.8 (neutral)
From 52w high
-23.2%
1Y return
+8.2%
3M return
+1.2%
50-DMA
Above
200-DMA
Below
Algorithmic support levels
Algorithmic resistance levels
Risk flags
- highFree cash flow was positive in only 2 of the tracked years and ROE exceeded 15% in only 2 of the tracked years, with a persistence consistency score of 39/100 -- indicating a weak multi-year profitability and cash-generation track record.
- mediumPrice of Rs143.38 sits above the 50-DMA (Rs140.99) but below the 200-DMA (Rs151.73), 23.16% below the 52-week high, with a trailing 1-year return of +8.21% and a 3-month return of +1.19%.
- mediumQuality score of 51 ranks 5th of 6 tracked Energy peers (Coal India 69, GAIL 64, ONGC 64, BPCL 54), ahead only of Reliance (44), even though IOC holds the lowest trailing PE (5.86x) in the same peer set.
- lowCurrent-year ROE and 5-year earnings growth were not available in this cycle's fundamental data, limiting how completely current profitability can be assessed alongside the multi-year persistence metrics.
Cross-section contradictions
- Forward PE (7.65x) is roughly 31% above the trailing PE (5.86x) even as 5-year revenue growth is reported at 38.5%, implying consensus estimates embed a step-down in earnings from the current base rather than a continuation of recent growth.
- Dividend yield of 5.75% has been maintained even though free cash flow was positive in only 2 of the tracked years, indicating the payout has not been consistently backed by free cash generation over the period tracked.
For informational purposes only. Not investment advice. VivaTrades is not a SEBI-registered Investment Adviser or Research Analyst. Market data sourced from public feeds; consult a registered adviser before any investment decision.
Fundamentals & technicals: refreshed 11 Aug 2026 · refreshed daily at 01:00 IST
AI synthesis (narrative, snapshot, strengths/weaknesses, peer ranking): generated 9 Aug 2026 · rotates through NIFTY 500 every ~5 days