About Indian Oil Corporation Limited (IOC)
Indian Oil Corporation Limited is a Oil & Gas Refining & Marketing company operating in the Energy sector. The company is headquartered in New Delhi, India. IOC has been publicly traded since 1996, giving it 30+ years of trading history.
Indian Oil Corporation Limited (IOC) has been publicly traded since 1996, making it a 30-year-old public company. It operates in the Oil & Gas Refining & Marketing industry within the Energy sector. The company is headquartered in New Delhi, India and employs approximately 29,941 people. With a market capitalization of $2.2 trillion, IOC is one of the largest publicly traded companies.
IOC trades on the Indian stock exchanges (NSE/BSE) and is classified as a mega-cap-cap stock with a market capitalization of approximately $2.2 trillion. The company employs approximately 29,941 people worldwide.
Key Statistics
- Current Price
- ₹156.54
- Market Cap
- ₹2.21T
- 52-Week High
- ₹188.96
- 52-Week Low
- ₹122.35
- Sector
- Energy
- Industry
- Oil & Gas Refining & Marketing
IOC Investment Performance
IOC has declined 4.8% year-to-date in 2026. Over the past 5 years, a $1,000 investment in IOC would have grown to $3,358, representing a 235.8% total return. Since its IPO in 1996, a $1,000 investment would now be worth $33,896.
₹1,000 Invested in Indian Oil Corporation Limited (IOC)
How much would ₹1,000 invested in IOC be worth today?
What would ₹1,000 invested in IOC 1 year ago be worth today?
A ₹1,000 investment in Indian Oil Corporation Limited (IOC) in 2025 would be worth ₹1,337 as of May 2026, representing a +33.7% total return.
What would ₹1,000 invested in IOC 3 years ago be worth today?
A ₹1,000 investment in Indian Oil Corporation Limited (IOC) in 2023 would be worth ₹2,370 as of May 2026, representing a +136.9% total return.
What would ₹1,000 invested in IOC 5 years ago be worth today?
A ₹1,000 investment in Indian Oil Corporation Limited (IOC) in 2021 would be worth ₹3,358 as of May 2026, representing a +235.8% total return.
What would ₹1,000 invested in IOC 10 years ago be worth today?
A ₹1,000 investment in Indian Oil Corporation Limited (IOC) in 2016 would be worth ₹4,198 as of May 2026, representing a +319.8% total return.
What would ₹1,000 invested in IOC at IPO be worth today?
A ₹1,000 investment in Indian Oil Corporation Limited (IOC) at IPO would be worth ₹33,896 as of May 2026, representing a +3289.6% total return.
Monthly Returns Heatmap
Over the past 29+ years (359 months), Indian Oil Corporation Limited (IOC) has averaged a monthly return of +1.51% with a median return of +0.57%. The stock had 186 positive months (52%) and 173 negative months (48%). The best month in IOC's history was May 2003 with a +51.0% return, while the worst was January 2008 at -40.0%. Historically, May tends to be the strongest month (averaging +5.4%), and October the weakest (-1.7%).
IOC's longest winning streak was 6 consecutive months of gains, while its longest losing streak was 6 consecutive months of losses. The best full year was 2003 with a cumulative return of +133.5%, and the worst was 2000 at -50.9%.
Annual Returns
Over 30 years of trading history, Indian Oil Corporation Limited (IOC) has delivered an average annual return of +21.31% with a median return of +11.52%. The compound annual growth rate (CAGR) is +12.65%. The stock posted gains in 20 years (67%) and losses in 10 years (33%).
IOC's best year was 2003 with a +217.70% gain, while the worst was 2008 at -45.72%. The longest streak of consecutive positive years was 5, and the longest losing streak was 3 years. IOC achieved double-digit gains (10%+) in 17 years. It suffered double-digit losses in 8 years.
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -4.77% | ₹164.39 | ₹156.54 |
| 2025 | +28.49% | ₹127.94 | ₹164.39 |
| 2024 | +9.44% | ₹116.90 | ₹127.94 |
| 2023 | +84.00% | ₹63.53 | ₹116.90 |
| 2022 | +10.07% | ₹57.72 | ₹63.53 |
| 2021 | +43.34% | ₹40.27 | ₹57.72 |
| 2020 | -23.99% | ₹52.98 | ₹40.27 |
| 2019 | -6.78% | ₹56.83 | ₹52.98 |
| 2018 | -21.46% | ₹72.36 | ₹56.83 |
| 2017 | +25.55% | ₹57.64 | ₹72.36 |
| 2016 | +56.24% | ₹36.89 | ₹57.64 |
| 2015 | +31.15% | ₹28.13 | ₹36.89 |
| 2014 | +59.17% | ₹17.67 | ₹28.13 |
| 2013 | -18.26% | ₹21.62 | ₹17.67 |
| 2012 | +8.59% | ₹19.91 | ₹21.62 |
| 2011 | -23.63% | ₹26.07 | ₹19.91 |
| 2010 | +15.45% | ₹22.58 | ₹26.07 |
| 2009 | +45.47% | ₹15.52 | ₹22.58 |
| 2008 | -45.72% | ₹28.59 | ₹15.52 |
| 2007 | +82.47% | ₹15.67 | ₹28.59 |
| 2006 | -16.10% | ₹18.68 | ₹15.67 |
| 2005 | +11.12% | ₹16.81 | ₹18.68 |
| 2004 | +19.55% | ₹14.06 | ₹16.81 |
| 2003 | +217.70% | ₹4.42 | ₹14.06 |
| 2002 | +93.50% | ₹2.29 | ₹4.42 |
| 2001 | +1.22% | ₹2.26 | ₹2.29 |
| 2000 | -43.06% | ₹3.97 | ₹2.26 |
| 1999 | +23.30% | ₹3.22 | ₹3.97 |
| 1998 | -34.58% | ₹4.92 | ₹3.22 |
| 1997 | +11.91% | ₹4.39 | ₹4.92 |
IOC Investment Analysis: Valuation, Risk & Dividends
Key factors to consider when evaluating Indian Oil Corporation Limited as an investment
Valuation
IOC currently trades at a trailing P/E ratio of 6.0, which is considered low relative to the broader market. The forward P/E of 7.8 suggests analysts expect earnings to be higher in the coming year. The price-to-book ratio stands at 1.1. The price-to-sales ratio is 0.3.
Dividends
Indian Oil Corporation Limited pays a dividend to shareholders with a current yield of 6.39%. This translates to $10.00 per share annually. The payout ratio of 31% indicates sustainable dividend coverage.
Risk & Volatility
IOC has a beta of 0.76, indicating it is less volatile than the overall market. The stock's 52-week range is $122.35 to $188.96, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 31 analyst opinions, IOC has a consensus "buy" rating. The average price target of $186.16 suggests 18.9% upside from current levels.
Frequently Asked Questions: IOC
What sector is IOC in? ▼
IOC operates in the Energy sector, specifically in the Oil & Gas Refining & Marketing industry.
How has IOC performed historically? ▼
Over 30 years of trading history, IOC has posted gains in 20 years (67% of the time). The best year was 2003 with a +217.7% return. Past performance does not guarantee future results.
How can I invest in IOC? ▼
You can invest in IOC through any brokerage account that offers access to Indian exchanges. Popular options include commission-free brokers like Fidelity, Charles Schwab, or Robinhood (US), or international brokers like Interactive Brokers. You can buy individual shares or invest through ETFs that hold IOC.
Does IOC pay dividends? ▼
Indian Oil Corporation Limited pays a dividend to shareholders with a current yield of 6.39%. This translates to $10.00 per share annually. The payout ratio of 31% indicates sustainable dividend coverage.
What does Indian Oil Corporation Limited do? ▼
Indian Oil Corporation Limited is a Oil & Gas Refining & Marketing company operating in the Energy sector. The company is headquartered in New Delhi, India.
What sector is IOC in? ▼
IOC operates in the Energy sector, specifically in the Oil & Gas Refining & Marketing industry.
When did IOC go public? ▼
Indian Oil Corporation Limited went public in 1996, making it a 30-year-old public company as of 2026.
How much would $1,000 invested in IOC 5 years ago be worth today? ▼
A $1,000 investment in IOC five years ago would be worth approximately $3,358 today, representing a 235.8% return.
Does IOC pay dividends? ▼
Yes, Indian Oil Corporation Limited pays a dividend with a current yield of 6.39%, which is $10.0 per share annually.
What is IOC's market cap? ▼
Indian Oil Corporation Limited has a market capitalization of $2.2 trillion, classifying it as a mega-cap company.
What is IOC's P/E ratio? ▼
IOC has a trailing P/E ratio of 6.0 and a forward P/E of 7.8, which measures how much investors are paying per dollar of earnings.
Is IOC a buy, hold, or sell? ▼
Based on 31 opinions, IOC has a consensus "buy" rating. The average price target is $186.16.
Last updated: 3/14/2026