- Total income
- ₹7,66,008 Cr
- Profit
- ₹13,598 Cr

About Indian Oil Corporation Limited
Data last updated:
Indian Oil Corporation Limited is a public limited union government company based in Mumbai, Maharashtra, India. It operates in the oil and gas marketing services segment of the energy and power sector. It was incorporated on 30 June 1959 and has been in existence for over 67 years.
Indian Oil Corporation is ranked #3 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L23201MH1959GOI011388. Its GSTIN is 27AAACI1681G1ZP (Maharashtra). The company holds 168 GST registrations, of which 134 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 530965 and NSE: IOC.
The company has an authorised share capital of ₹30,000 Cr and a paid-up capital of ₹14,121 Cr. It was formerly known as Indian Oil Company Limited. It is led by directors including Rashmi Govil (Whole-Time Director) and Suman Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Indian Oil Bhavan G – 9 All Yavar Jung Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹7,84,415 Cr, a growth of 3.5% compared to the previous year. For the same year it recorded a net profit of ₹41,547 Cr (net margin 5.3%) and EBITDA of ₹77,108 Cr (EBITDA margin 9.8%). The net worth stands at ₹2,19,518 Cr (up 17.7% YoY). Total assets are valued at ₹3,64,304 Cr (up 4.2% YoY).
The company has about 10,039 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 5 brands: IndianOil, IOCL, IndianOil XTRAPOWER, Indian Oil and Natural Holidays. As per MCA filings, the company has open charges of ₹38,300 Cr and satisfied charges of ₹20,896 Cr on record. Court records list 32,024 cases involving the company, including 7,281 filed by the company and 24,789 filed against it; 5,901 cases are pending. The company has 23 deals on record (21 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.36 Cr; the latest was in July 2025. The company has 88 MSME Form 1 returns on record between 2014 and 2024, listing 7,346 overdue payments to 2,229 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website iocl.com.
Company details
Recognitions & Rankings of Indian Oil Corporation
Contact details
Indian Oil Corporation Limited's registered office is in Mumbai, Maharashtra. Its website is iocl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressIndian Oil Bhavan G – 9 All Yavar Jung Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryEnergy and Power, Oil & Gas Marketing Services, Oil & Gas Exploration & Production
To see the full contact details of Indian Oil Corporation Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Indian Oil Corporation operates multiple associated brands including IndianOil, IOCL, and IndianOil XTRAPOWER. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Oil and gas refining, distribution, and marketing services are provided. | iocl.com | |
| Petroleum marketing and fuel distribution services in India. | indianoil.co.in | |
| eProcurement system and energy services provided by IOCL. | iocletenders.nic.in | |
| Fuel and fleet management solutions for the logistics industry. | iocxtrapower.com | |
| Tourism services including packages and rentals in Northeast India. | naturalholidays.in |
Business activity
The main business activity of Indian Oil Corporation is manufacturing. In detail, this covers manufacture of coke and refined petroleum products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 19 | Manufacture of coke and refined petroleum products |
To see the full business activity and turnover split of Indian Oil Corporation Limited, buy the company report.
Financials of Indian Oil Corporation Limited
FY 2025-26 filings availableIndian Oil Corporation Limited reported revenue of ₹7,84,415 Cr (up 3.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,84,415 | 7,58,106 | 7,76,352 | 8,41,756 | 5,89,336 | 3,63,950 | 4,83,763 |
| Revenue growth | +3.5% | -2.4% | -7.8% | +42.8% | +61.9% | -24.8% | - |
| EBITDA | 77,108 | 36,040 | 75,650 | 30,683 | 46,619 | 39,929 | 4,749 |
| EBITDA margin | +9.8% | +4.8% | +9.7% | +3.7% | +7.9% | +11.0% | +1.0% |
| Profit before tax | 57,472 | 17,063 | 57,288 | 15,038 | 34,289 | 30,751 | (7,177) |
| Net profit | 41,547 | 11,279 | 41,451 | 9,792 | 25,093 | 21,637 | 10,190 |
| Net profit margin | +5.3% | +1.5% | +5.3% | +1.2% | +4.3% | +6.0% | +2.1% |
| EPS (₹) | 30.57 | 9.87 | 30.30 | 7.11 | 27.34 | 23.57 | (0.97) |
| Balance sheet | |||||||
| Total assets | 3,64,304 | 3,49,480 | 3,26,500 | 2,97,468 | 2,72,852 | 2,34,491 | 2,30,499 |
| Net worth | 2,19,518 | 1,86,487 | 1,83,416 | 1,39,720 | 1,33,535 | 1,11,838 | 95,398 |
| Total debt | 1,31,822 | 1,52,271 | 1,32,628 | 1,48,977 | 1,32,020 | 1,16,649 | 1,29,790 |
| Cash & bank | 4,415 | 2,645 | 3,157 | 2,097 | 1,820 | 2,475 | 2,296 |
| Net working capital | 6,639 | 10,552 | 11,162 | 19,966 | 16,429 | 464 | 14,646 |
| Cash flow | |||||||
| Cash from operations | 76,142 | 34,452 | 71,146 | 29,644 | 24,570 | 49,650 | 7,146 |
| Cash from investing | (22,274) | (31,641) | (31,512) | (28,030) | (21,178) | (22,935) | (29,101) |
| Cash from financing | (52,672) | (3,421) | (39,385) | (1,794) | (2,997) | (27,369) | 22,456 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,66,407 | 2,08,289 | 2,05,157 | 1,78,628 | 1,92,341 | 1,95,270 | 1,94,014 | 1,74,976 |
| Revenue growth (YoY) | +38.5% | +6.7% | +5.7% | +2.1% | -0.8% | - | - | - |
| Other income | 1,143 | 2,424 | 1,627 | 1,356 | 1,732 | 1,519 | 1,936 | 2,556 |
| EBITDA | 4,062 | 24,804 | 22,745 | 16,245 | 13,267 | 15,029 | 7,573 | 3,467 |
| EBITDA margin | +1.5% | +11.9% | +11.1% | +9.1% | +6.9% | +7.7% | +3.9% | +2.0% |
| Depreciation | 4,408 | 5,557 | 4,457 | 4,227 | 4,179 | 4,325 | 4,284 | 4,065 |
| Interest | 1,730 | 1,880 | 2,088 | 2,270 | 2,070 | 2,178 | 2,458 | 2,546 |
| Profit before tax | (933) | 19,791 | 17,827 | 11,104 | 8,750 | 10,045 | 2,766 | (589) |
| Tax | 208 | 4,615 | 4,325 | 2,913 | 1,942 | 1,677 | 619 | (140) |
| Net profit | (1,141) | 15,176 | 13,502 | 8,191 | 6,808 | 8,368 | 2,147 | (449) |
| EPS (₹) | (1.18) | 10.50 | 9.44 | 5.68 | 4.95 | 5.90 | 1.54 | (0.12) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,84,158 | 7,55,950 | 7,74,349 | 8,39,472 | 6,11,493 | 3,88,262 | 4,99,126 |
| Revenue growth | +3.7% | -2.4% | -7.8% | +37.3% | +57.5% | -22.2% | - |
| EBITDA | 68,772 | 33,141 | 69,437 | 22,275 | 43,257 | 38,093 | 7,545 |
| EBITDA margin | +8.8% | +4.4% | +9.0% | +2.7% | +7.1% | +9.8% | +1.5% |
| Profit before tax | 48,784 | 15,882 | 52,344 | 9,698 | 31,733 | 29,716 | (3,694) |
| Net profit | 36,279 | 10,676 | 39,335 | 8,242 | 24,170 | 21,835 | 12,618 |
| Net profit margin | +4.6% | +1.4% | +5.1% | +1.0% | +4.0% | +5.6% | +2.5% |
| EPS (₹) | 26.72 | 9.41 | 28.77 | 5.98 | 26.34 | 23.78 | 1.43 |
| Balance sheet | |||||||
| Total assets | 3,33,429 | 3,28,503 | 3,07,781 | 2,81,073 | 2,55,030 | 2,17,195 | 2,14,065 |
| Net worth | 2,04,544 | 1,78,677 | 1,76,715 | 1,34,758 | 1,31,286 | 1,10,500 | 93,769 |
| Total debt | 1,22,603 | 1,44,368 | 1,25,867 | 1,41,550 | 1,19,463 | 1,02,327 | 1,16,545 |
| Cash & bank | 522 | 516 | 830 | 773 | 883 | 1,668 | 589 |
| Net working capital | (3,973) | 2,832 | 3,739 | 15,257 | 9,875 | (2,778) | 12,454 |
| Cash flow | |||||||
| Cash from operations | 71,399 | 33,286 | 68,097 | 20,985 | 22,791 | 48,784 | 7,190 |
| Cash from investing | (17,662) | (29,377) | (29,702) | (25,286) | (20,800) | (21,058) | (26,882) |
| Cash from financing | (53,719) | (4,110) | (38,294) | 3,954 | (1,595) | (27,948) | 20,189 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,62,435 | 2,07,883 | 2,04,424 | 1,78,880 | 1,92,971 | 1,94,967 | 1,93,900 | 1,73,848 |
| Revenue growth (YoY) | +36.0% | +6.6% | +5.4% | +2.9% | -0.1% | - | - | - |
| Other income | 385 | 1,630 | 1,222 | 1,523 | 613 | 1,174 | 2,561 | 2,532 |
| Total expenses | 2,60,489 | 1,87,168 | 1,83,600 | 1,64,296 | 1,80,363 | 1,81,395 | 1,86,783 | 1,70,075 |
| EBITDA | 1,947 | 20,716 | 20,824 | 14,583 | 12,607 | 13,572 | 7,117 | 3,772 |
| EBITDA margin | +0.7% | +10.0% | +10.2% | +8.2% | +6.5% | +7.0% | +3.7% | +2.2% |
| Depreciation | 3,996 | 5,174 | 4,077 | 3,871 | 3,843 | 3,914 | 3,896 | 3,718 |
| Interest | 1,610 | 1,849 | 1,978 | 2,169 | 1,973 | 2,046 | 2,312 | 2,414 |
| Profit before tax | (3,274) | 15,322 | 15,992 | 10,066 | 7,405 | 8,787 | 3,470 | 173 |
| Tax | (613) | 3,945 | 3,866 | 2,455 | 1,716 | 1,522 | 597 | (7.18) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,66,407 | 2,08,289 | 2,05,157 | 1,78,628 | 1,92,341 | 1,95,270 | 1,94,014 | 1,74,976 |
| Revenue growth (YoY) | +38.5% | +6.7% | +5.7% | +2.1% | -0.8% | - | - | - |
| Other income | 1,143 | 2,424 | 1,627 | 1,356 | 1,732 | 1,519 | 1,936 | 2,556 |
| EBITDA | 4,062 | 24,804 | 22,745 | 16,245 | 13,267 | 15,029 | 7,573 | 3,467 |
| EBITDA margin | +1.5% | +11.9% | +11.1% | +9.1% | +6.9% | +7.7% | +3.9% | +2.0% |
| Depreciation | 4,408 | 5,557 | 4,457 | 4,227 | 4,179 | 4,325 | 4,284 | 4,065 |
| Interest | 1,730 | 1,880 | 2,088 | 2,270 | 2,070 | 2,178 | 2,458 | 2,546 |
| Profit before tax | (933) | 19,791 | 17,827 | 11,104 | 8,750 | 10,045 | 2,766 | (589) |
| Tax | 208 | 4,615 | 4,325 | 2,913 | 1,942 | 1,677 | 619 | (140) |
| Net profit | (1,141) | 15,176 | 13,502 | 8,191 | 6,808 | 8,368 | 2,147 | (449) |
| EPS (₹) | (1.18) | 10.50 | 9.44 | 5.68 | 4.95 | 5.90 | 1.54 | (0.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,84,415 | 7,58,106 | 7,76,352 | 8,41,756 | 5,89,336 | 3,63,950 | 4,83,763 |
| Revenue growth | +3.5% | -2.4% | -7.8% | +42.8% | +61.9% | -24.8% | - |
| Other income | 7,139 | 7,112 | 5,384 | 5,124 | 4,318 | 4,696 | 4,140 |
| Total expenses | 7,07,308 | 7,22,066 | 7,00,702 | 8,11,073 | 5,42,717 | 3,24,021 | 4,79,014 |
| Employee cost | 11,435 | 10,880 | 11,671 | 9,359 | 11,583 | 11,309 | 9,337 |
| EBITDA | 77,108 | 36,040 | 75,650 | 30,683 | 46,619 | 39,929 | 4,749 |
| EBITDA margin | +9.8% | +4.8% | +9.7% | +3.7% | +7.9% | +11.0% | +1.0% |
| Depreciation | 18,420 | 16,777 | 15,866 | 13,181 | 12,348 | 10,941 | 10,273 |
| Interest | 8,354 | 9,311 | 7,881 | 7,588 | 4,301 | 2,933 | 5,792 |
| Profit before tax | 57,472 | 17,063 | 57,288 | 15,038 | 34,289 | 30,751 | (7,177) |
| Tax | 13,795 | 3,275 | 14,127 | 3,333 | 8,562 | 8,989 | (5,301) |
| Net profit | 41,547 | 11,279 | 41,451 | 9,792 | 25,093 | 21,637 | 10,190 |
| Net profit margin | +5.3% | +1.5% | +5.3% | +1.2% | +4.3% | +6.0% | +2.1% |
| EPS (₹) | 30.57 | 9.87 | 30.30 | 7.11 | 27.34 | 23.57 | (0.97) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13,772 | 13,772 | 13,772 | 13,772 | 9,181 | 9,181 | 9,181 |
| Reserves & surplus | 2,05,746 | 1,72,716 | 1,69,645 | 1,25,949 | 1,24,354 | 1,02,657 | 86,217 |
| Shareholders' funds (net worth) | 2,19,518 | 1,86,487 | 1,83,416 | 1,39,720 | 1,33,535 | 1,11,838 | 95,398 |
| Minority interest | 6,030 | 4,537 | 4,747 | 3,494 | 1,591 | 976 | 876 |
| Secured loans | 16,430 | 16,015 | 15,759 | 11,916 | 14,383 | 11,821 | 20,938 |
| Unsecured loans | 1,15,392 | 1,36,256 | 1,16,869 | 1,37,061 | 1,17,637 | 1,04,828 | 1,08,852 |
| Total debt | 1,31,822 | 1,52,271 | 1,32,628 | 1,48,977 | 1,32,020 | 1,16,649 | 1,29,790 |
| Total liabilities | 3,64,304 | 3,49,480 | 3,26,500 | 2,97,468 | 2,72,852 | 2,34,491 | 2,30,499 |
| Assets | |||||||
| Gross block | 3,07,090 | 2,87,128 | 2,69,563 | 2,41,332 | 2,10,994 | 1,97,362 | 1,77,984 |
| Net block | 1,98,884 | 1,93,410 | 1,88,891 | 1,73,665 | 1,54,420 | 1,51,287 | 1,41,594 |
| Capital work in progress | 86,049 | 77,921 | 61,032 | 51,133 | 47,469 | 36,291 | 32,845 |
| Investments | 73,298 | 67,218 | 65,542 | 52,190 | 52,352 | 44,717 | 35,571 |
| Inventories | 1,17,530 | 1,14,233 | 1,21,697 | 1,21,384 | 1,11,994 | 83,657 | 67,236 |
| Sundry debtors | 14,635 | 18,434 | 13,831 | 16,399 | 18,700 | 13,782 | 13,259 |
| Cash & bank balances | 4,415 | 2,645 | 3,157 | 2,097 | 1,820 | 2,475 | 2,296 |
| Loans & advances | 13,492 | 12,649 | 9,698 | 7,814 | 6,590 | 7,241 | 19,878 |
| Total current assets | 1,50,071 | 1,47,961 | 1,48,384 | 1,47,694 | 1,39,105 | 1,07,154 | 1,02,669 |
| Total current liabilities | 1,43,433 | 1,37,409 | 1,37,222 | 1,27,727 | 1,22,675 | 1,06,690 | 88,023 |
| Net working capital | 6,639 | 10,552 | 11,162 | 19,966 | 16,429 | 464 | 14,646 |
| Total assets | 3,64,304 | 3,49,480 | 3,26,500 | 2,97,468 | 2,72,852 | 2,34,491 | 2,30,499 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 636 | 1,247 | 996 | 1,177 | 781 | 1,435 | 933 |
| Net cash from operating activities | 76,142 | 34,452 | 71,146 | 29,644 | 24,570 | 49,650 | 7,146 |
| Net cash from investing activities | (22,274) | (31,641) | (31,512) | (28,030) | (21,178) | (22,935) | (29,101) |
| Net cash from financing activities | (52,672) | (3,421) | (39,385) | (1,794) | (2,997) | (27,369) | 22,456 |
| Net change in cash | 1,197 | (610) | 250 | (180) | 395 | (653) | 502 |
| Closing cash | 4,415 | 2,645 | 3,157 | 2,097 | 1,820 | 2,475 | 2,296 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.5% | -2.4% | -7.8% | +42.8% | +61.9% | -24.8% | - |
| EBITDA growth | +114.0% | -52.4% | +146.6% | -34.2% | +16.8% | +740.9% | - |
| PBT growth | +236.8% | -70.2% | +281.0% | -56.1% | +11.5% | +9998.0% | - |
| Net income growth | +268.4% | -72.8% | +323.3% | -61.0% | +16.0% | +112.3% | - |
| Revenue CAGR (3Y) | -2.3% | +8.8% | +28.7% | +20.3% | +3.7% | -4.8% | +10.8% |
| EBITDA CAGR (3Y) | +36.0% | -8.2% | +23.7% | +86.3% | +9.8% | -1.4% | -48.1% |
| Profitability & leverage | |||||||
| Net income margin | +5.6% | +1.8% | +5.6% | +1.4% | +4.4% | +6.0% | -0.4% |
| Return on capital employed | +18.7% | +7.3% | +21.2% | +8.0% | +15.3% | +14.6% | +4.5% |
| Return on net worth | +21.5% | +6.2% | +26.7% | +8.6% | +21.0% | +21.0% | +8.9% |
| Debt / equity | 0.70 | 0.77 | 0.87 | 1.03 | 1.01 | 1.19 | 1.09 |
| Long-term debt / equity | 0.30 | 0.30 | 0.38 | 0.48 | 0.50 | 0.56 | 0.46 |
| Interest cover | 14.23 | 48.34 | 13.18 | 43.36 | 12.55 | 10.12 | -104.84 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.95 | 3.01 | 3.36 | 4.09 | 3.51 | 2.69 | 3.36 |
| Inventory turnover | 7.78 | 7.28 | 7.25 | 8.15 | 7.53 | 6.90 | 7.97 |
| Debtors turnover | 54.52 | 53.27 | 58.30 | 54.21 | 45.36 | 38.48 | 39.63 |
| EPS (₹) | 30.57 | 9.87 | 30.30 | 7.11 | 27.34 | 23.57 | (0.97) |
| Dividend per share (₹) | 8.25 | 3.00 | 12.00 | 3.00 | 12.60 | 12.00 | 4.25 |
| Book value per share (₹) | 159.40 | 135.41 | 133.18 | 101.46 | 145.45 | 121.81 | 103.91 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,62,435 | 2,07,883 | 2,04,424 | 1,78,880 | 1,92,971 | 1,94,967 | 1,93,900 | 1,73,848 |
| Revenue growth (YoY) | +36.0% | +6.6% | +5.4% | +2.9% | -0.1% | - | - | - |
| Other income | 385 | 1,630 | 1,222 | 1,523 | 613 | 1,174 | 2,561 | 2,532 |
| Total expenses | 2,60,489 | 1,87,168 | 1,83,600 | 1,64,296 | 1,80,363 | 1,81,395 | 1,86,783 | 1,70,075 |
| EBITDA | 1,947 | 20,716 | 20,824 | 14,583 | 12,607 | 13,572 | 7,117 | 3,772 |
| EBITDA margin | +0.7% | +10.0% | +10.2% | +8.2% | +6.5% | +7.0% | +3.7% | +2.2% |
| Depreciation | 3,996 | 5,174 | 4,077 | 3,871 | 3,843 | 3,914 | 3,896 | 3,718 |
| Interest | 1,610 | 1,849 | 1,978 | 2,169 | 1,973 | 2,046 | 2,312 | 2,414 |
| Profit before tax | (3,274) | 15,322 | 15,992 | 10,066 | 7,405 | 8,787 | 3,470 | 173 |
| Tax | (613) | 3,945 | 3,866 | 2,455 | 1,716 | 1,522 | 597 | (7.18) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,84,158 | 7,55,950 | 7,74,349 | 8,39,472 | 6,11,493 | 3,88,262 | 4,99,126 |
| Revenue growth | +3.7% | -2.4% | -7.8% | +37.3% | +57.5% | -22.2% | - |
| Other income | 4,988 | 6,802 | 4,781 | 6,235 | 4,339 | 4,551 | 3,555 |
| Total expenses | 7,15,386 | 7,22,809 | 7,04,912 | 8,17,197 | 5,68,236 | 3,50,169 | 4,91,581 |
| Employee cost | 10,789 | 10,364 | 11,080 | 8,770 | 10,992 | 10,712 | 8,793 |
| EBITDA | 68,772 | 33,141 | 69,437 | 22,275 | 43,257 | 38,093 | 7,545 |
| EBITDA margin | +8.8% | +4.4% | +9.0% | +2.7% | +7.1% | +9.8% | +1.5% |
| Depreciation | 16,965 | 15,284 | 14,510 | 11,859 | 11,006 | 9,804 | 8,766 |
| Interest | 8,011 | 8,776 | 7,364 | 6,953 | 4,857 | 3,124 | 6,028 |
| Profit before tax | 48,784 | 15,882 | 52,344 | 9,698 | 31,733 | 29,716 | (3,694) |
| Tax | 11,982 | 2,921 | 12,725 | 1,456 | 7,549 | 7,880 | (5,007) |
| Net profit | 36,279 | 10,676 | 39,335 | 8,242 | 24,170 | 21,835 | 12,618 |
| Net profit margin | +4.6% | +1.4% | +5.1% | +1.0% | +4.0% | +5.6% | +2.5% |
| EPS (₹) | 26.72 | 9.41 | 28.77 | 5.98 | 26.34 | 23.78 | 1.43 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 13,772 | 13,772 | 13,772 | 13,772 | 9,181 | 9,181 | 9,181 |
| Reserves & surplus | 1,90,773 | 1,64,905 | 1,62,943 | 1,20,986 | 1,22,105 | 1,01,319 | 84,588 |
| Shareholders' funds (net worth) | 2,04,544 | 1,78,677 | 1,76,715 | 1,34,758 | 1,31,286 | 1,10,500 | 93,769 |
| Secured loans | 16,051 | 15,697 | 15,622 | 11,677 | 11,201 | 8,825 | 19,668 |
| Unsecured loans | 1,06,552 | 1,28,670 | 1,10,245 | 1,29,873 | 1,08,262 | 93,502 | 96,877 |
| Total debt | 1,22,603 | 1,44,368 | 1,25,867 | 1,41,550 | 1,19,463 | 1,02,327 | 1,16,545 |
| Total liabilities | 3,33,429 | 3,28,503 | 3,07,781 | 2,81,073 | 2,55,030 | 2,17,195 | 2,14,065 |
| Assets | |||||||
| Gross block | 2,92,453 | 2,73,172 | 2,56,082 | 2,28,616 | 1,99,654 | 1,86,242 | 1,67,348 |
| Net block | 1,91,067 | 1,85,471 | 1,80,752 | 1,65,485 | 1,46,889 | 1,43,400 | 1,33,682 |
| Capital work in progress | 85,094 | 76,214 | 59,066 | 48,991 | 44,446 | 33,052 | 29,738 |
| Investments | 70,871 | 70,917 | 71,088 | 57,519 | 57,787 | 48,619 | 39,139 |
| Inventories | 1,07,831 | 1,05,922 | 1,12,785 | 1,14,087 | 1,03,421 | 78,377 | 63,863 |
| Sundry debtors | 14,229 | 17,813 | 12,779 | 15,667 | 18,137 | 13,380 | 12,844 |
| Cash & bank balances | 522 | 516 | 830 | 773 | 883 | 1,668 | 589 |
| Loans & advances | 12,963 | 12,586 | 10,444 | 9,178 | 7,331 | 7,881 | 20,956 |
| Total current assets | 1,35,545 | 1,36,837 | 1,36,839 | 1,39,705 | 1,29,771 | 1,01,306 | 98,252 |
| Total current liabilities | 1,39,518 | 1,34,005 | 1,33,100 | 1,24,449 | 1,19,896 | 1,04,083 | 85,798 |
| Net working capital | (3,973) | 2,832 | 3,739 | 15,257 | 9,875 | (2,778) | 12,454 |
| Total assets | 3,33,429 | 3,28,503 | 3,07,781 | 2,81,073 | 2,55,030 | 2,17,195 | 2,14,065 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 263 | 464 | 363 | 710 | 314 | 536 | 38.31 |
| Net cash from operating activities | 71,399 | 33,286 | 68,097 | 20,985 | 22,791 | 48,784 | 7,190 |
| Net cash from investing activities | (17,662) | (29,377) | (29,702) | (25,286) | (20,800) | (21,058) | (26,882) |
| Net cash from financing activities | (53,719) | (4,110) | (38,294) | 3,954 | (1,595) | (27,948) | 20,189 |
| Net change in cash | 18.24 | (201) | 101 | (347) | 396 | (222) | 497 |
| Closing cash | 522 | 516 | 830 | 773 | 883 | 1,668 | 589 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.7% | -2.4% | -7.8% | +37.3% | +57.5% | -22.2% | - |
| EBITDA growth | +107.5% | -52.3% | +211.7% | -48.5% | +13.6% | +404.9% | - |
| PBT growth | +207.2% | -69.7% | +439.7% | -69.4% | +6.8% | +9998.0% | - |
| Net income growth | +239.8% | -72.9% | +377.3% | -65.9% | +10.7% | +73.1% | - |
| Revenue CAGR (3Y) | -2.3% | +7.3% | +25.9% | +18.9% | +4.2% | -3.7% | +10.7% |
| EBITDA CAGR (3Y) | +45.6% | -8.5% | +22.2% | +43.5% | +8.5% | -1.4% | -38.1% |
| Profitability & leverage | |||||||
| Net income margin | +4.7% | +1.7% | +5.1% | +1.0% | +4.0% | +5.6% | +0.3% |
| Return on capital employed | +17.2% | +7.1% | +20.3% | +6.2% | +15.5% | +15.2% | +6.6% |
| Return on net worth | +19.2% | +6.0% | +25.4% | +6.2% | +20.0% | +21.4% | +12.5% |
| Debt / equity | 0.70 | 0.76 | 0.86 | 0.98 | 0.92 | 1.07 | 1.00 |
| Long-term debt / equity | 0.31 | 0.30 | 0.36 | 0.46 | 0.47 | 0.51 | 0.41 |
| Interest cover | 15.46 | 49.15 | 13.41 | 66.75 | 15.06 | 11.04 | -493.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.13 | 3.19 | 3.57 | 4.37 | 3.84 | 2.97 | 3.73 |
| Inventory turnover | 8.29 | 7.73 | 7.64 | 8.60 | 8.16 | 7.38 | 8.56 |
| Debtors turnover | 55.32 | 55.28 | 60.91 | 55.32 | 47.07 | 40.05 | 40.97 |
| EPS (₹) | 26.72 | 9.41 | 28.77 | 5.98 | 26.34 | 23.78 | 1.43 |
| Dividend per share (₹) | 8.25 | 3.00 | 12.00 | 3.00 | 12.60 | 12.00 | 4.25 |
| Book value per share (₹) | 148.53 | 129.74 | 128.32 | 97.85 | 143.00 | 120.36 | 102.13 |
To see the full year-wise statements and ratios of Indian Oil Corporation Limited, buy the company report.
Board of directors of Indian Oil Corporation Limited
Indian Oil Corporation has 8 current directors and 100 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saumitra Priya Srivastava Also directs: Indianoil Petronas Private Limited | Additional Director | 03 Oct 2025 | 1 Years 1 Months | Current |
| Rashmi Govil | Whole-Time Director | 15 Mar 2024 | 2 Years 7 Months | Current |
| Suman Kumar Also directs: Green Gas Limited | Whole-Time Director | 26 Feb 2025 | 1 Years 8 Months | Current |
| Arvinder Singh Sahney | Whole-Time Director | 13 Nov 2024 | 2 Years 0 Months | Current |
| Sujata Sharma Also directs: Ongole Smart City Corporation Limited | Nominee Director | 11 May 2024 | 2 Years 6 Months | Current |
| Arvind Kumar | Whole-Time Director | 17 Jul 2024 | 2 Years 3 Months | Current |
Auditor
Indian Oil Corporation Limited is audited by Khandelwal Jain & Co. for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Co. | FY 2025 | 105049W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.50%, foreign institutional investors hold 9.10%, domestic institutional investors hold 29.10% and retail and other public shareholders hold 10.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.50% | 51.50% | 51.50% | 51.50% |
| Public | 48.50% | 48.50% | 48.50% | 48.50% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jul 2025 | 101132983 | Others | ₹7.5 Cr | Open | |
| 27 Mar 2025 | 101072960 | State Bank of India | ₹2,317 Cr | Open | |
| 25 Mar 2025 | 101071328 | Others | ₹75 Cr | Open | |
| 12 Mar 2008 | 10094961 | Hdfc Bank Limited | ₹6,200 Cr | Open | |
| 25 May 1999 | 80043525 | State Bank of India | ₹29,700 Cr | Open |
To see the full charge records of Indian Oil Corporation Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Indian Oil Corporation Limited has 23 deals on record (21 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.36 Cr; the latest was in July 2025.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2025 | Market trade | ₹15.89 Cr | Buyer: State Street Msci Acwi Ex Usa Imi Screened Non-Lending Common Trust Fund Seller: State Street Msci Acwi Ex Usa Imi Screened Non-Lending Common Trust Fund |
| Jan 2024 | Market trade | ₹169.04 Cr | Buyer: Marshall Wace Investment Strategies - Eureka Fund, Marshall Wace Investment Strategies - Systematic Alpha Plus Fund, 2 individuals Seller: an individual |
| Jan 2024 | Market trade | ₹28.46 Cr | Buyer: Marshall Wace Investment Strategies Eureka Fund, Marshall Wace Investment Strategies Market Neutral Tops Fund, Marshall Wace Investment Strategies Systematic Alpha Plus Fund Seller: an individual |
| Nov 2022 | Market trade | ₹28.92 Cr | Buyer: an individual Seller: Ishares Core Emerging Markets Mauritius Co |
| Nov 2022 | Market trade | ₹56.88 Cr | Buyer: an individual Seller: Ishares Core Emerging Markets Mauritius Co |
To see the full deal history of Indian Oil Corporation Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Indian Oil Corporation Limited has 32,024 court cases on record: 7,281 filed by Indian Oil Corporation, 24,789 filed against it. 5,901 cases are pending and 26,123 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 24,013 | 19,075 | 3,943 |
| District courts | 6,592 | 4,846 | 1,686 |
| Supreme Court | 1,387 | 841 | 269 |
| NCLAT | 31 | 26 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 32,024)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (4601-Tenders/licenses/leases : Tenders/licenses/leases invited by Union/ UT’s/ Central public sector undertakings, including cancellation/award of tenders.) | Filed against the company by Whitefield Bio Products Pvt. Ltd. and 6 others | Pending |
| Supreme Court | Court case (4304-Service Laws : Retiral benefits, pension) | Filed against the company by an individual | Pending |
| Supreme Court | Court case (1902-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Dealership and distribution of petroleum products.) | Filed by the company against individuals | Pending |
| Supreme Court | Court case (1902-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Dealership and distribution of petroleum products.) | Filed by the company against individuals | Disposed |
| Supreme Court | Court case (4805-Others : Matters not falling under any other category.) | Filed by the company against individuals | Disposed |
To see the full case history of Indian Oil Corporation Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Indian Oil Corporation Limited was last rated by Indiarating on 16 Feb 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 16 Feb 2023 |
To see the full credit ratings and regulatory alerts of Indian Oil Corporation Limited, buy the company report.
MSME payment delays
Indian Oil Corporation Limited has 88 MSME Form 1 returns on record between 2014 and 2024, listing 7,346 overdue payments to 2,229 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 2,229)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Nazir Hussain & Co | |||
| B.B.N. Engineering Private Limited | |||
| Go Green Mechanisms Private Limited | |||
| an individual supplier | |||
| Rahul Petro Projects Private Limited |
To see the full MSME payment records of Indian Oil Corporation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indian Oil Corporation has 1 subsidiary company and 28 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Chennai Petroleum Corporation Ltd. | L40101TN1965GOI005389 |
To see the full group structure of Indian Oil Corporation Limited, buy the company report.
Employees & EPFO
Indian Oil Corporation Limited has a workforce of 10,039 employees on its EPFO records as of Jun 2026, across 55 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 68 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Indian Oil Corporation Limited, buy the company report.
GST
Indian Oil Corporation has 168 GST registrations: 134 active and 34 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACI1681G1ZP | Maharashtra | Active | 01 Jul 2017 |
| 27AAACI1681G2ZO | Maharashtra | Active | 24 Jul 2017 |
| 27AAACI1681G1DY | Maharashtra | Active | 24 Sep 2018 |
| 27AAACI1681G4ZM | Maharashtra | Active | 18 Sep 2024 |
To see the full GST registrations and return filing status of Indian Oil Corporation Limited, buy the company report.
Recent activity
Indian Oil Corporation Limited has 202 board changes on record since 1999: 108 appointments and 94 cessations. The latest: Asokan Amarnath was appointed as Nominee Director on 05 Jun 2026.
250 earlier events are in the company report.
News
Frequently asked questions
Indian Oil Corporation is an active public limited union government company based in Mumbai, Maharashtra, India. The company works in oil and gas marketing services, within the energy and power industry. It was incorporated on 30 June 1959 (67+ years old) and is registered under CIN L23201MH1959GOI011388. Listed on BSE: 530965 and NSE: IOC.
Indian Oil Corporation reported revenue of ₹7,84,415 Cr for FY 2025-26 (up 3.5% YoY) based on consolidated financials.
Indian Oil Corporation has 8 current directors:
- Rashmi Govil - Whole-Time Director
- Suman Kumar - Whole-Time Director
- Arvinder Singh Sahney - Whole-Time Director
- Arvind Kumar - Whole-Time Director
- Anuj Jain - Whole-Time Director
- Saumitra Priya Srivastava - Additional Director
- Sujata Sharma - Nominee Director
- Asokan Amarnath - Nominee Director
The latest financial statements of Indian Oil Corporation on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indian Oil Corporation is 27AAACI1681G1ZP, registered in Maharashtra. The company has 168 GST registrations in all, of which 134 are active and 34 are cancelled or inactive. Other active GSTINs include 27AAACI1681G2ZO (Maharashtra), 27AAACI1681G1DY (Maharashtra), 27AAACI1681G4ZM (Maharashtra).
The CIN (Corporate Identification Number) of Indian Oil Corporation is L23201MH1959GOI011388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Indian Oil Corporation is a listed company as per MCA records. Its shares are listed on both BSE (code: 530965) and NSE (symbol: IOC).
Indian Oil Corporation has 32,024 court cases on record: 7,281 filed by the company and 24,789 filed against it. 5,901 are pending. Most are in the high courts.
Indian Oil Corporation was incorporated on 30 June 1959, making it 67+ years old. It is registered with the Registrar of Companies, Mumbai.
Indian Oil Corporation has 23 deals on record (21 market trades, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹24.36 Cr; the latest was in July 2025.
Asokan Amarnath was appointed as Nominee Director on 05 Jun 2026. Saumitra Priya Srivastava was appointed as Additional Director on 03 Oct 2025. Satish Kumar Vaduguri ceased to be Whole-Time Director on 01 Aug 2025. Indian Oil Corporation has 202 board changes on record in total.

