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    I O C L

    India's largest integrated oil refiner, fuel marketer and cross-country pipeline operator.

    Oil, Gas & Consumable Fuels
    Energy
    View IOC earnings calls
    ₹143.43
    +1.35% from avg

    Overview

    Price

    ₹143.43

    Market Cap

    ₹2.0L Cr

    Sector

    Oil, Gas & Consumable Fuels

    Energy

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital9.2k9.2k9.2k13.8k13.8k13.8k13.8k13.8k
    Reserves86.2k102.7k124.4k125.9k169.6k172.7k183.3k205.7k
    Borrowings129.8k116.6k132.0k149.0k132.6k152.3k146.7k131.8k
    Other Liabilities104.8k126.7k145.3k153.3k166.6k168.5k172.7k177.6k
    Total Liabilities330.0k355.1k410.9k442.0k482.7k507.2k516.5k529.0k
    AssetsFixed Assets147.0k157.1k160.5k180.0k196.0k201.1k209.8k211.7k
    CWIP32.8k36.3k47.5k51.1k61.0k77.9k77.2k82.9k
    Investments35.6k44.7k52.4k52.2k65.5k67.2k70.9k73.3k
    Other Assets114.5k117.1k150.5k158.6k160.1k160.9k158.5k161.0k
    Total Assets330.0k355.1k410.9k442.0k482.7k507.2k516.5k529.0k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating12.7k7.1k49.6k24.6k29.6k71.1k34.7k76.1k
    Cash from Investing-22.6k-29.1k-22.9k-21.2k-28.0k-31.5k-31.8k-22.3k
    Cash from Financing10.4k22.5k-27.4k-3.0k-1.8k-39.4k-3.4k-52.7k
    SummaryCapital Expenditure
    Free Cash Flow-12.7k-24.3k27.9k1.5k-2.5k34.5k42148.9k
    FCF Margin

    Valuation

    Too capital-hungry for an earnings DCF

    For capital-heavy businesses (telecom, power, heavy manufacturing) reported profit ignores the cash needed just to stand still. We'd systematically overvalue it, so we don't show a number.

    IOC · CAPITAL_INTENSIVE

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    Guides on how to read this kind of business and the numbers that matter.