IOC Share Price Target 2025, 2026, 2027 to 2030 : We’ll analyze Indian Oil Corporation Limited (IOC) share targets for 2025, 2026, 2027, and 2030. As India’s largest integrated oil and gas company, IOC is crucial to the nation’s energy infrastructure. With a focus on renewable energy expansion and sustainability, IOC is well-positioned for growth as it shifts towards a diversified and cleaner energy portfolio.
Overview of Indian Oil Corporation Limited (IOC)
What is Indian Oil Corporation Limited?
Indian Oil Corporation Limited (IOC), also known as IndianOil, is a leading Indian multinational oil and gas company. Owned by the Government of India and administered by the Ministry of Petroleum and Natural Gas, IOC plays a crucial role in India’s energy infrastructure. Registered in Mumbai and headquartered in New Delhi, IOC operates as a public sector undertaking and holds the prestigious Maharatna status, recognizing its significance in India’s economy. The company commands a 47% market share in petroleum product marketing and 40% in refining, underscoring its dominant presence in the sector.
Key Features of IOC:
- Business Model: IOC is India’s largest integrated oil refining and marketing company, with a comprehensive presence across refining, pipeline transportation, and the distribution of petroleum products.
- Core Offerings: The company provides a wide range of petroleum products and has begun expanding its investments in renewable energy to align with global sustainability efforts.
- Clientele: Primarily serves the Indian market but has a growing international presence in fuel and petrochemicals.
- Market Position: With its extensive infrastructure, government backing, and Maharatna status, IOC is a dominant force in India’s oil and gas industry.
| Information | Details |
|---|---|
| Website | www.iocl.com |
| Operator | Indian Oil Corporation Limited |
| Founded | 30 June 1959 |
| Founder | Government of India |
| Headquarters | New Delhi, India |
| Number of Employees | 30,321 (2024) |
| Revenue | ₹8.85 lakh crores (US$110 billion, 2024) |
| Share Listing | NSE: IOC |
| Parent Organization | Ministry of Petroleum and Natural Gas, Government of India |
| Subsidiaries | Chennai Petroleum Corporation Limited |
| Key Focus Areas | Oil refining, petroleum products, renewable energy projects |
Current Market Overview of Indian Oil Corporation (IOC) Share
As of November 2024, IOC’s share shows mixed performance. It is up by +0.13% today and has gained +0.70% over the past five days. Over the past month, it has decreased by -13.87%, while it has declined by -11.18% over the past six months. Year-to-date, the share has increased by +7.84%, and over the past year, it has risen by +41.94%. Over the past five years, the share has grown by +60.05%, showing a substantial increase of +1,084.82% in all-time performance.
IOC Share Fundamental Data
- Open: ₹138.80
- High: ₹140.65
- Low: ₹137.67
- Market Cap: ₹1.98 Lakh Crore
- P/E Ratio: 11.03
- Dividend Yield: 8.54%
- 52-Week High: ₹196.80
- 52-Week Low: ₹97.40
The Market Position of IOC Share as of November 2024
| Time Period | Returns of IOC |
|---|---|
| Today | +0.13% |
| Past 5 Days | +0.70% |
| Past 1 Month | -13.87% |
| Past 6 Months | -11.18% |
| Year to Date | +7.84% |
| Past 1 Year | +41.94% |
| Past 5 Years | +60.05% |
| All Time | +1,084.82% |
IOC Share Price Target in 2024, 2025, 2026, 2027, 2028, 2029, 2030
IOC Share Price Target in 2024
The share price target for IOC in 2024 is projected to reach ₹175, supported by the company’s strong market presence and continued expansion in the energy sector.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹160 | ₹175 |
IOC Share Price Target in 2025
In 2025, IOC’s share price target is expected to rise to ₹270, driven by growth in refining capacity and strategic investments in alternative energy sources.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2025 | ₹245 | ₹270 |
IOC Share Price Target in 2026
For 2026, IOC’s share price target is projected at ₹364, reflecting its focus on enhancing infrastructure and increasing profitability.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2026 | ₹330 | ₹364 |
IOC Share Price Target in 2027
The share price target for IOC in 2027 is anticipated to be ₹457, supported by the company’s efforts in renewable energy and technological advancements.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2027 | ₹410 | ₹457 |
IOC Share Price Target in 2028
In 2028, IOC’s share price target is estimated at ₹582, driven by the company’s expanding role in sustainable energy and growing international footprint.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2028 | ₹520 | ₹582 |
IOC Share Price Target in 2029
The projected share price target for IOC in 2029 is ₹675, as the company strengthens its position through strategic alliances and innovation in energy solutions.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2029 | ₹610 | ₹675 |
IOC Share Price Target in 2030
The share price target for IOC in 2030 is expected to reach ₹741, reflecting its growth as a leading player in India’s energy and oil markets.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2030 | ₹680 | ₹741 |
Financial Health and Performance Analysis of Indian Oil (FY 2020 – FY 2024)
FY 2024
| Metric | FY 2024 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹7,80,194.70 Cr | -7.77% |
| Total Expenses | ₹7,24,452.84 Cr | -12.90% |
| Profit after Tax (PAT) | ₹41,729.69 Cr | +326.16% |
| Operating Profit Margin | 8.18% | +5.61% |
| Net Profit Margin | 5.37% | +4.21% |
| Basic EPS | ₹30.30 | +326.16% |
FY 2023
| Metric | FY 2023 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹8,45,954.83 Cr | +42.80% |
| Total Expenses | ₹8,31,779.33 Cr | +48.70% |
| Profit after Tax (PAT) | ₹9,792.12 Cr | -60.99% |
| Operating Profit Margin | 2.57% | -3.95% |
| Net Profit Margin | 1.16% | -3.09% |
| Basic EPS | ₹7.11 | -60.99% |
FY 2022
| Metric | FY 2022 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹5,92,417.96 Cr | +61.22% |
| Total Expenses | ₹5,59,364.90 Cr | +65.54% |
| Profit after Tax (PAT) | ₹25,102.23 Cr | +16.01% |
| Operating Profit Margin | 6.52% | -2.58% |
| Net Profit Margin | 4.25% | -1.69% |
| Basic EPS | ₹27.34 | +16.01% |
FY 2021
| Metric | FY 2021 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹3,67,449.21 Cr | -24.48% |
| Total Expenses | ₹3,37,895.21 Cr | -30.15% |
| Profit after Tax (PAT) | ₹21,638.21 Cr | – |
| Operating Profit Margin | 9.10% | +7.17% |
| Net Profit Margin | 5.94% | +6.12% |
| Basic EPS | ₹23.57 | – |
FY 2020
| Metric | FY 2020 | Y/Y Growth |
|---|---|---|
| Total Revenue | ₹4,86,536.66 Cr | -8.35% |
| Total Expenses | ₹4,83,775.12 Cr | -4.45% |
| Profit after Tax (PAT) | -₹893.14 Cr | -105.14% |
| Operating Profit Margin | 1.93% | – |
| Net Profit Margin | -0.18% | – |
| Basic EPS | -₹0.97 | – |
Analysis Summary
- Revenue: Indian Oil’s revenue showed strong growth in FY 2022 with a +61.22% increase, though it declined by -7.77% in FY 2024.
- Profit After Tax (PAT): PAT has fluctuated, reaching ₹41,729.69 Cr in FY 2024, an increase of +326.16%, after a significant drop in FY 2023.
- Operating Profit Margin: The operating profit margin improved substantially from 2.57% in FY 2023 to 8.18% in FY 2024.
- Net Profit Margin: Net profit margin increased to 5.37% in FY 2024 from 1.16% in FY 2023, demonstrating improved profitability.
- Basic EPS: Basic EPS has seen notable increases, with a peak of ₹30.30 in FY 2024, reflecting Indian Oil’s strong financial recovery after prior declines.
How to Buy Indian Oil Shares
- Choose a Broker: Select a reliable brokerage platform that offers Indian Oil shares.
- Open a Trading Account: Set up a trading and Demat account for transactions.
- Complete KYC: Submit the necessary identification and address verification documents.
- Deposit Funds: Transfer funds to your trading account.
- Search for Shares: Look for Indian Oil shares on the broker’s platform.
- Place an Order: Decide on the quantity and type of order (market or limit).
- Confirm Purchase: Review and finalize your order.
- Monitor Investment: Track performance and adjust your portfolio as needed.
IOC Share Price Forecast for the Next 5 Years
IOC’s share price is expected to demonstrate consistent growth over the next five years, underpinned by its strong market position in the energy sector, ongoing refining capacity expansion, and a growing focus on renewable energy investments. Strategic initiatives and technological advancements are projected to drive the company’s profitability and share price.
Yearly Share Price Forecast:
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2024 | ₹160 | ₹175 |
| 2025 | ₹245 | ₹270 |
| 2026 | ₹330 | ₹364 |
| 2027 | ₹410 | ₹457 |
| 2028 | ₹520 | ₹582 |
Shareholding Pattern of IOC Share
- Promoters:
- Number of Shares: 7,27,21,99,767
- Percentage: 51.50%
- % Change QoQ: 0.00%
- Foreign Institutional Investors (FII):
- Number of Shares: 1,11,49,63,259
- Percentage: 7.90%
- % Change QoQ: +0.11%
- Domestic Institutional Investors (DII):
- Number of Shares: 1,46,38,27,365
- Percentage: 10.37%
- % Change QoQ: +0.36%
- Mutual Funds (MF):
- Number of Shares: 42,03,08,500
- Percentage: 2.98%
- % Change QoQ: +0.60%
- Others:
- Number of Shares: 4,27,02,47,992
- Percentage: 30.23%
- % Change QoQ: -0.46%
IOC FAQs:
- Can I buy IOC shares online? Yes, IOC shares can be purchased online through various stock broking platforms or mobile trading apps.
- What is IOC? Indian Oil Corporation (IOC) is India’s largest oil refining and marketing company, specializing in refining, distribution, and retailing of petroleum products.
- How to buy IOC shares? IOC shares can be bought through stock brokers or online trading platforms. Investors must open a Demat account with a registered broker to purchase shares.
- What products does IOC offer? IOC manufactures and markets a wide range of petroleum products including fuels, lubricants, and petrochemicals, and also provides retail services at its gas stations.
- Is IOC a government company? Yes, IOC is a public sector enterprise, owned by the Government of India.
- How can I track my IOC investment? Investors can track their IOC shares through their stock broker’s platform or by checking the stock exchange website for real-time updates.
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