Indian Oil Corporation Limited (IOCL) is India’s leading government-owned energy company, providing essential fuels since 1959. IOCL has an extensive network of refineries, pipelines, and fuel stations, delivering energy to keep the country dynamic and powered. The economy of any nation is primarily determined by its energy and energy consumption.
However, IOCL is not just limited to traditional fuel energy; it is also investing in natural gas, petrochemicals, and green energy solutions for a sustainable future. By serving millions of customers daily, IOCL has become a trusted name in the fields of energy consumption stability and energy security, both in India and beyond.
Indian Oil Corporation: IOC Share Price Target (2025-2030)
| Year | IOC Share Price Target (₹) |
|---|---|
| 2025 | ₹140.75 – ₹160.50 |
| 2026 | ₹170.80 – ₹190.25 |
| 2027 | ₹210.95 – ₹240.60 |
| 2028 | ₹250.85 – ₹290.35 |
| 2029 | ₹310.90 – ₹350.15 |
| 2030 | ₹370.45 – ₹410.75 |
IOC Share Price Target 2025: ₹140.75 – ₹160.50
IOCL is expected to grow slowly in 2025. It should stay stable, with small gains from new green energy and chemical projects, but regular fuel price changes could hold it back.
IOC Share Price Target 2026: ₹170.80 – ₹190.25
By 2026, IOCL could grow faster by focusing more on natural gas and clean energy. India’s growing economy will boost energy demand, helping IOCL offer a mix of energy solutions.
IOC Share Price Target 2027: ₹210.95 – ₹240.60
IOCL stock price in 2027 is likely to keep climbing as it pushes into green energy. Bigger payoff from its investments in chemicals and clean energy projects should boost income and market strength.
IOC Share Price Target 2028: ₹250.85 – ₹290.35
By 2028, IOCL’s push into clean energy and tech upgrades should drive major growth. Steady spending and varied projects could expand its market presence and push stock prices higher.
IOC Share Price Target 2029: ₹310.90 – ₹350.15
By 2029, IOCL could hit its peak in renewable energy projects, becoming a top sustainable energy player. India’s economic growth, expanding infrastructure, and ongoing clean fuel investments.
IOC Share Price Target 2030: ₹370.45 – ₹410.75
By 2030, IOCL could dominate traditional and renewable energy markets as a mature, all-round energy company. Strong profits, steady payouts to shareholders, and reliable eco-friendly energy plans may push its stock to record highs and keep investors trusting it long-term.
Indian Oil Corporation (IOCL) – Fundamental Analysis
| Metric | Value |
|---|---|
| Market Cap | ₹1,71,291 Cr |
| P/E Ratio (TTM) | 16.13 |
| P/B Ratio | 0.94 |
| Industry P/E | 20.50 |
| Debt to Equity | 0.90 |
| ROE (Return on Equity) | 9.67% |
| EPS (TTM) | 7.52 |
| Dividend Yield | 9.65% |
| Book Value | 128.68 |
| Face Value | 10 |
Read More: Oil India Share Price Target
Indian Oil Corporation (IOC) – 2024 Financial Summary
| Particulars | 2024 (₹ Crore) |
|---|---|
| Revenue | 7,80,195 |
| Expenses | 7,24,453 |
| EBITDA | 80,980 |
| EBIT | 65,113 |
| Profit Before Tax (PBT) | 57,288 |
| Net Profit | 43,161 |
| Operating Profit Margin | 9.20% |
| Net Profit Margin | 4.90% |
| Earnings Per Share (Diluted) | 30.30 |
| Dividends Per Share | 12.00 |
Indian Oil Corporation (IOC) – 2024 Balance Sheet
| Particulars | 2024 (₹ Crore) |
|---|---|
| Total Assets | 4,82,362 |
| + Current Assets | 1,57,265 |
| + Non-Current Assets | 3,25,097 |
| Total Liabilities | 2,94,199 |
| + Current Liabilities | 2,16,395 |
| + Non-Current Liabilities | 77,814 |
| Total Equity | 1,88,163 |
| Common Stock | 13,772 |
| Preferred Stock | 0.00 |
| Other Equity Total | 1,69,645 |
| Total Common Shares Outstanding | 1,377 |
| Debt to Equity Ratio | 0.87 |
| Book Value | 133.18 |
Indian Oil Corporation (IOCL) – Shareholding Pattern (Dec ’24)
| Shareholder Type | Holding (%) |
|---|---|
| Promoters | 51.50% |
| Retail and Others | 30.87% |
| Other Domestic Institutions | 7.52% |
| Foreign Institutions | 7.43% |
| Mutual Funds | 2.68% |
Conclusion
Indian Oil Corporation Limited (IOCL) continues to lead India’s energy sector as a government-owned powerhouse, ensuring the nation’s fuel supply and contributing significantly to its energy security. With an expanding focus on green energy and sustainable future solutions, IOCL is poised to grow, not only as a traditional fuel provider but as a key player in natural gas, petrochemicals, and renewable energy. As the company serves millions of customers daily, its commitment to energy consumption stability and economic growth is solidified. With its strong fundamentals, promising share price targets, and strategic investments, IOCL remains a reliable and trusted name for both investors and customers alike.
FAQs
What is IOCL?
Indian Oil Corporation Limited (IOCL) is India’s leading government-owned energy company, producing and distributing fuels like petrol, diesel, LPG, and aviation fuel, while also investing in green energy solutions.
How does IOCL contribute to India’s economic growth?
As one of the largest energy providers, IOCL plays a crucial role in fueling economic activities by ensuring stable energy supply, driving industrial growth, and creating employment opportunities nationwide.
What is IOCL’s role in renewable energy?
IOCL is expanding its portfolio to include renewable energy sources, such as solar power and biofuels, aiming to reduce carbon emissions and transition towards sustainable energy solutions for a cleaner future.
