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Indian Oil stock: key metrics
IOC.NSIndian Oil had an operating margin of 7.6% and a return on invested capital (ROIC) of 13.5% in fiscal 2026.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2007 | 4.9% | −1.3% | 4.4% |
| 2008 | 3.4% | −2.2% | 4.1% |
| 2009 | −4.8% | 3.1% | 1.0% |
| 2010 | 59.1% | 8.0% | 4.7% |
| 2011 | 57.0% | −5.9% | 2.8% |
| 2012 | 11.4% | 4.8% | 1.0% |
| 2013 | 8.3% | 2.2% | 1.0% |
| 2014 | 9.2% | 4.6% | 1.5% |
| 2015 | 10.5% | 8.5% | 1.1% |
| 2016 | 16.8% | 14.2% | 3.5% |
| 2017 | 21.7% | 18.5% | 5.6% |
| 2018 | 18.8% | 15.8% | 5.2% |
| 2019 | 15.5% | 12.7% | 3.3% |
| 2020 | 13.1% | 10.6% | −0.2% |
| 2021 | 23.3% | 19.8% | 5.9% |
| 2022 | 16.5% | 14.2% | 4.3% |
| 2023 | 10.5% | 9.0% | 1.2% |
| 2024 | 16.9% | 15.1% | 5.4% |
| 2025 | 12.4% | 10.7% | 1.8% |
| 2026 | 15.5% | 7.6% | 5.4% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2007 | 22.4% | −2.4% | 7.9% |
| 2008 | 19.6% | −3.9% | 6.8% |
| 2009 | 5.3% | 5.1% | 1.8% |
| 2010 | 21.0% | 12.9% | 7.1% |
| 2011 | 14.0% | −11.8% | 4.4% |
| 2012 | 7.0% | 16.2% | 1.9% |
| 2013 | 7.1% | 6.1% | 1.9% |
| 2014 | 10.4% | 10.7% | 2.7% |
| 2015 | 7.1% | 19.1% | 2.1% |
| 2016 | 15.8% | 26.4% | 5.0% |
| 2017 | 19.4% | 33.2% | 7.3% |
| 2018 | 19.5% | 26.9% | 7.5% |
| 2019 | 15.5% | 23.9% | 5.2% |
| 2020 | −0.9% | 19.6% | −0.3% |
| 2021 | 19.3% | 23.5% | 6.1% |
| 2022 | 18.8% | 26.4% | 6.1% |
| 2023 | 7.0% | 22.2% | 2.2% |
| 2024 | 22.8% | 30.2% | 8.7% |
| 2025 | 7.3% | 20.6% | 2.7% |
| 2026 | 19.2% | 13.5% | 8.0% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Mar 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral since 13 Nov 2026, previously Strong
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.