Indian Oil Corporation Ltd (IOC) — shareholding pattern, promoter holding, financials and share price
About Indian Oil Corporation Ltd (IOC)
Indian Oil Corporation Ltd operates in the Refineries & Marketing industry, within the Oil, Gas & Consumable Fuels sector. It trades on the NSE as IOC and on the BSE under scrip code 530965. Its ISIN is INE242A01010.
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI [1] that has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals. It has the leadership position in the Oil refining & petroleum marketing sector of India. [2]
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.
Listed peers in Refineries & Marketing: Bharat Petroleum Corporation Ltd, Hindustan Petroleum Corporation Ltd, Mangalore Refinery And Petrochemicals Ltd, Chennai Petroleum Corporation Ltd, Rajasthan Securities Ltd, Resgen Ltd.
Valuation & Returns
10 Jul 2026At ₹138.95 a share on 10 Jul 2026, Indian Oil Corporation Ltd (IOC) was valued at a price-to-earnings ratio of 4.49x against an industry P/E of 13.27x and a price-to-book of 1.05x on a book value of ₹132.06 per share as of Mar 2025. Solomo computes return on equity of 23.42% and return on capital employed of 19.42% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 4.49x
- Industry P/E
- 13.27x
- P/B
- 1.05x
- EPS (TTM)
- ₹30.93
- Book value / share
- ₹132.06
- ROE
- 23.42%
- ROCE
- 19.42%
- ROA
- 8.62%
- Debt / equity
- 0.82x
- Dividend yield
- 7.2%
- EBITDA margin
- 9.34%
- 52-week range
- ₹130.3 – ₹188.9
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Indian Oil Corporation Ltd (IOC) reported revenue of ₹7,84,415 crore, net profit of ₹43,677 crore and earnings per share of ₹29.81. That compares with revenue of ₹7,58,106 crore and net profit of ₹13,789 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,08,289 crore and net profit ₹15,176 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 5,89,336 | 8,41,756 | 7,76,352 | 7,58,106 | 7,84,415 |
| Net profit (₹ cr) | 25,727 | 11,704 | 43,161 | 13,789 | 43,677 |
| EPS (₹) | 17.78 | 6.93 | 29.55 | 9.63 | 29.81 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.47% | 8.32% | 5.09% | -2.35% |
| Profit growth | 1.59% | 58.08% | -18.77% | -68.05% |
| Stock price CAGR | 6% | 15% | 13% | -7% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 51.5% of Indian Oil Corporation Ltd (IOC) (unchanged from the previous quarter), foreign institutional investors (FII) hold 9.08% and domestic institutional investors (DII) hold 9.62%. Market capitalisation was ₹1,96,215 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: OIL AND NATURAL GAS CORPORATION LIMITED 14.2%, LIFE INSURANCE CORPORATION OF INDIA 6.01%, OIL INDIA LIMITED 5.16%, IOC SHARES TRUST 2.48%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 51.5% | - | 9.08% | 9.62% | 48.5% |
| Mar 2026 | 51.5% | - | 9.85% | 9.21% | 48.5% |
| Dec 2025 | 51.5% | - | 8.58% | 10.11% | 48.5% |
| Sep 2025 | 51.5% | - | 7.7% | 10.53% | 48.5% |
| Jun 2025 | 51.5% | - | 7.48% | 10.39% | 48.5% |
| Mar 2025 | 51.5% | - | 7.38% | 10.07% | 48.5% |
| Dec 2024 | 51.5% | - | 7.43% | 10.2% | 48.5% |
| Sep 2024 | 51.5% | - | 7.9% | 10.53% | 48.5% |