- Indian Oil Corporation is a Maharatna Company controlled by GOI. This entity possesses business interests that encompass the entire hydrocarbon value chain, including refining, pipeline transportation, and the marketing of petroleum products, as well as research and development, exploration and production, and the marketing of natural gas and petrochemicals.
- The foremost refining enterprise in India operates 11 refineries nationwide, boasting a cumulative capacity of 80.60 MMTPA. This organization accounts for 32% of the total refining capacity within the country.
- Indian Oil is focused on enhancing the infrastructure for electric vehicle (EV) mobility by establishing charging stations and battery-swapping facilities at its fuel outlets. Additionally, the company has entered into a binding term sheet with Panasonic Group to create a joint venture for the production of cells in India.
- Company is having PE Ratio 10, Book Value Ratio 465. ROCE stands at 7% and ROE 18% along with promoter holding 58%.
- Sales Growth at -8%, EPS Growth at 327% with Intrinsic Value Discount 97%.
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