Indian Oil Corporation Stock Price - ₹137.80 | Petroleum Products

‌
‌
‌

Company insights, generated from the most recent coverage.

OMCs face inventory valuation risks during volatile periods, with IOC reporting crude inventory losses due to price fluctuations between quarters.
Read more
IOC trades at P/B of 0.88x, below its 5-year average of 0.93x and March 2024 peak of 1.26x, reflecting investor concerns about sustained margin pressure during crude spikes.
Read more
Price freeze buckles near $120/bbl threshold; recent hikes of ₹3/litre indicate government tolerance limit reached after 4-year stability.
Read more

‌
‌
‌

The Quarter story

The two most recent quarterly results, compared side-by-side.

Refining margins and transport fuel sales stay strong, but a sharp drop in EBITDA and a swing to losses highlight mounting financial pressure.

Gross refining margin expanded from $2.15 in Q1 FY26 to $15.59 in Q1 FY27, showing stronger refining economics.

Profit after tax swung from ₹5,689 Cr in Q1 FY26 to -₹2,661 Cr in Q1 FY27, marking a sharp profitability reversal.

HSD sales volume grew from 10.095 MT in Q1 FY26 to 10.866 MT in Q1 FY27, reflecting steady transport demand.

EBITDA dropped from ₹13,220 Cr in Q1 FY26 to ₹2,332 Cr in Q1 FY27, signaling severe margin compression.

MS sales volume rose from 4.186 MT in Q1 FY26 to 4.522 MT in Q1 FY27, indicating resilient petrol consumption.

Debt rose from ₹121,547 Cr in Q1 FY26 to ₹141,453 Cr in Q1 FY27, increasing financial leverage.

Refinery capacity utilization increased from 106.7% in Q1 FY26 to 109.4% in Q1 FY27, maintaining high operational efficiency.

LPG sales volume fell from 3.664 MT in Q1 FY26 to 3.085 MT in Q1 FY27, pointing to weaker household demand.

Interest expenditure fell from ₹1,973 Cr in Q1 FY26 to ₹1,610 Cr in Q1 FY27, reducing overall borrowing costs.

Petroleum exports declined from 1.323 MT in Q1 FY26 to 0.939 MT in Q1 FY27, reflecting soft overseas demand.

‌
‌
‌

In the news

Oil Sector Dynamics: How $100 Crude Reshapes India's Energy Stocks

IOC boosts LPG output 30% amid Iran war, government orders higher production

Nomura picks IOCL, BPCL as refining margins stay strong amid geopolitical tensions

IOC-Mauritius Fuel Deal: Strategic Leap Beyond South Asia

India-Mauritius Sign Long-Term Fuel Supply Deal Amid West Asia Crisis

India's LPG Security Play: Refinery Targets Reshape Energy Landscape

PSU Oil Companies' Crisis: How Geopolitics and Policy Collided in Q1 FY27

Indian Oil's Spot Market Gamble Amid Middle East Crisis

OMC Crisis: ₹21,300 Crore Petrol Loss Exposes Pricing Dilemma

Indian Oil's Q1FY27 Loss: What Went Wrong

Crude Oil Surge: Why Upstream Wins While Downstream Bleeds

IOCL’s $11 Billion Bet: How India’s Refining Giant Is Turning Crude Into Export Gold

India's Oil Giants Face Rs 47,700 Crore Q1 Loss: Why Fuel Price Hikes Aren't Enough

Indian Oil's LPG Carrier Tender: A Strategic Logistics Play Amid Supply Crisis

India's $60,000 Crore Oil Gamble: Energy Security vs Refiner Pain

Crude Crash: What the US-Iran Deal Means for India’s Oil Giants

India's Reverse-Order Ethanol Gamble: 5,000 Stations, Few Cars, Big Bets

IRCTC Stock Hits 5-Year Low at ₹516.90: Monopoly Story Unraveling

Strait of Hormuz Crisis: Indian Refiners Navigate Supply Shocks and Pricing Paradoxes

India's Ethanol Gamble: E20-E30 Infrastructure Shake-Up

Indian Oil Corporation