Indian Oil Corporation Limited
Indian Oil Corporation Limited, together with its subsidiaries, engages in the oil, gas, petrochemicals, and alternative energy source businesses in India and internationally. It operates through Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and Other segments. The company is involved in the refining of petroleum products; exploration and production of crude oil and gas; explos… Read more
Indian Oil Corporation Limited (IOC) - Net Assets
Latest net assets as of September 2025: ₹2.02 Trillion INR
Based on the latest financial reports, Indian Oil Corporation Limited (IOC) has net assets worth ₹2.02 Trillion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹5.16 Trillion) and total liabilities (₹3.15 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹2.02 Trillion |
| % of Total Assets | 39.1% |
| Annual Growth Rate | 11.26% |
| 5-Year Change | 69.33% |
| 10-Year Change | 146.78% |
| Growth Volatility | 11.11 |
Indian Oil Corporation Limited - Net Assets Trend (2002–2025)
This chart illustrates how Indian Oil Corporation Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Indian Oil Corporation Limited (2002–2025)
The table below shows the annual net assets of Indian Oil Corporation Limited from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹1.91 Trillion | +1.52% |
| 2024-03-31 | ₹1.88 Trillion | +31.39% |
| 2023-03-31 | ₹1.43 Trillion | +5.99% |
| 2022-03-31 | ₹1.35 Trillion | +19.78% |
| 2021-03-31 | ₹1.13 Trillion | +17.18% |
| 2020-03-31 | ₹962.74 Billion | -15.80% |
| 2019-03-31 | ₹1.14 Trillion | -1.45% |
| 2018-03-31 | ₹1.16 Trillion | +11.56% |
| 2017-03-31 | ₹1.04 Trillion | +34.35% |
| 2016-03-31 | ₹774.08 Billion | +10.73% |
| 2015-03-31 | ₹699.06 Billion | +1.19% |
| 2014-03-31 | ₹690.84 Billion | +7.44% |
| 2013-03-31 | ₹642.98 Billion | +3.18% |
| 2012-03-31 | ₹623.17 Billion | +4.61% |
| 2011-03-31 | ₹595.68 Billion | +9.71% |
| 2010-03-31 | ₹542.95 Billion | +15.33% |
| 2009-03-31 | ₹470.77 Billion | +2.74% |
| 2008-03-31 | ₹458.20 Billion | +19.81% |
| 2007-03-31 | ₹382.42 Billion | +18.09% |
| 2006-03-31 | ₹323.84 Billion | +11.07% |
| 2005-03-31 | ₹291.57 Billion | +15.49% |
| 2004-03-31 | ₹252.46 Billion | +23.56% |
| 2003-03-31 | ₹204.31 Billion | +24.53% |
| 2002-03-31 | ₹164.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Indian Oil Corporation Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1123255194.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹190.95 Billion | 10.24% |
| Common Stock | ₹137.72 Billion | 7.38% |
| Other Comprehensive Income | ₹1.54 Trillion | 82.33% |
| Other Components | ₹799.40 Million | 0.04% |
| Total Equity | ₹1.86 Trillion | 100.00% |
Indian Oil Corporation Limited Competitors by Market Cap
The table below lists competitors of Indian Oil Corporation Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flagstar Financial Inc
NYSE:FLG-PA
|
$5.81 Billion |
|
Eagle Materials Inc
NYSE:EXP
|
$5.81 Billion |
|
Hiscox Ltd
PINK:HCXLY
|
$5.81 Billion |
|
StandardAero, Inc.
NYSE:SARO
|
$5.81 Billion |
|
Samvardhana Motherson International Limited
NSE:MOTHERSON
|
$5.80 Billion |
|
Sumitomo Metal Mining Co. Ltd
PINK:STMNF
|
$5.80 Billion |
|
GEM CO. LTD SP.GDR/10 A
F:3730
|
$5.79 Billion |
|
Fondul Proprietatea S.A. GDR
LSE:FP
|
$5.79 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Indian Oil Corporation Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,834,162,700,000 to 1,864,873,200,000, a change of 30,710,500,000 (1.7%).
- Net income of 135,978,400,000 contributed positively to equity growth.
- Dividend payments of 95,451,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,228,009,400,000.
- Other factors decreased equity by 1,237,826,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹135.98 Billion | +7.29% |
| Dividends Paid | ₹95.45 Billion | -5.12% |
| Other Comprehensive Income | ₹1.23 Trillion | +65.85% |
| Other Changes | ₹-1.24 Trillion | -66.38% |
| Total Change | ₹- | 1.67% |
Book Value vs Market Value Analysis
This analysis compares Indian Oil Corporation Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.10x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.56x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | ₹17.39 | ₹148.96 | x |
| 2005-03-31 | ₹19.93 | ₹148.96 | x |
| 2006-03-31 | ₹22.25 | ₹148.96 | x |
| 2007-03-31 | ₹26.54 | ₹148.96 | x |
| 2008-03-31 | ₹31.67 | ₹148.96 | x |
| 2009-03-31 | ₹33.04 | ₹148.96 | x |
| 2010-03-31 | ₹38.09 | ₹148.96 | x |
| 2011-03-31 | ₹41.81 | ₹148.96 | x |
| 2012-03-31 | ₹43.84 | ₹148.96 | x |
| 2013-03-31 | ₹45.77 | ₹148.96 | x |
| 2014-03-31 | ₹49.31 | ₹148.96 | x |
| 2015-03-31 | ₹49.98 | ₹148.96 | x |
| 2016-03-31 | ₹55.18 | ₹148.96 | x |
| 2017-03-31 | ₹74.14 | ₹148.96 | x |
| 2018-03-31 | ₹82.69 | ₹148.96 | x |
| 2019-03-31 | ₹81.67 | ₹148.96 | x |
| 2020-03-31 | ₹69.27 | ₹148.96 | x |
| 2021-03-31 | ₹81.21 | ₹148.96 | x |
| 2022-03-31 | ₹96.96 | ₹148.96 | x |
| 2023-03-31 | ₹101.46 | ₹148.96 | x |
| 2024-03-31 | ₹133.18 | ₹148.96 | x |
| 2025-03-31 | ₹135.36 | ₹148.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Indian Oil Corporation Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.29%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.79%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 2.72x
- Recent ROE (7.29%) is below the historical average (15.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 18.10% | 2.48% | 1.97x | 3.72x | ₹12.56 Billion |
| 2003 | 33.89% | 5.49% | 1.95x | 3.16x | ₹46.38 Billion |
| 2004 | 32.72% | 6.91% | 1.74x | 2.73x | ₹54.42 Billion |
| 2005 | 21.50% | 4.48% | 1.68x | 2.85x | ₹31.56 Billion |
| 2006 | 16.70% | 3.36% | 1.62x | 3.08x | ₹20.52 Billion |
| 2007 | 22.38% | 4.43% | 1.77x | 2.85x | ₹45.25 Billion |
| 2008 | 19.60% | 4.12% | 1.64x | 2.89x | ₹41.89 Billion |
| 2009 | 5.27% | 0.99% | 1.77x | 2.99x | ₹-21.55 Billion |
| 2010 | 20.96% | 4.71% | 1.51x | 2.95x | ₹57.52 Billion |
| 2011 | 14.04% | 2.85% | 1.54x | 3.21x | ₹23.28 Billion |
| 2012 | 7.00% | 1.03% | 1.86x | 3.64x | ₹-18.11 Billion |
| 2013 | 7.06% | 0.96% | 1.94x | 3.77x | ₹-18.55 Billion |
| 2014 | 10.43% | 1.45% | 1.83x | 3.93x | ₹2.94 Billion |
| 2015 | 7.14% | 1.09% | 1.92x | 3.40x | ₹-19.71 Billion |
| 2016 | 15.82% | 3.47% | 1.43x | 3.18x | ₹44.23 Billion |
| 2017 | 19.44% | 5.59% | 1.30x | 2.68x | ₹96.40 Billion |
| 2018 | 19.49% | 5.16% | 1.46x | 2.60x | ₹108.02 Billion |
| 2019 | 15.45% | 3.28% | 1.58x | 2.98x | ₹61.30 Billion |
| 2020 | -0.94% | -0.18% | 1.48x | 3.46x | ₹-104.33 Billion |
| 2021 | 19.35% | 5.95% | 1.03x | 3.17x | ₹104.54 Billion |
| 2022 | 18.80% | 4.26% | 1.44x | 3.08x | ₹117.49 Billion |
| 2023 | 7.01% | 1.16% | 1.91x | 3.16x | ₹-41.80 Billion |
| 2024 | 22.75% | 5.38% | 1.61x | 2.63x | ₹233.88 Billion |
| 2025 | 7.29% | 1.79% | 1.50x | 2.72x | ₹-50.51 Billion |
Industry Comparison
This section compares Indian Oil Corporation Limited's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $68,280,153,885
- Average return on equity (ROE) among peers: 20.45%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Indian Oil Corporation Limited (IOC) | ₹2.02 Trillion | 18.10% | 1.56x | $5.81 Billion |
| Aegis Logistics Limited (AEGISLOG) | $8.66 Billion | 13.76% | 1.35x | $842.70 Million |
| Bharat Petroleum Corporation Limited (BPCL) | $296.06 Billion | 25.62% | 2.17x | $6.52 Billion |
| Castrol India Limited (CASTROLIND) | $5.76 Billion | 106.89% | 1.89x | $1.01 Billion |
| Chennai Petroleum Corporation Limited (CHENNPETRO) | $82.07 Billion | 2.61% | 1.08x | $489.48 Million |
| Confidence Petroleum India Limited (CONFIPET) | $2.30 Billion | -9.97% | 0.62x | $44.11 Million |
| Gandhar Oil Refinery (India) Limited (GANDHAR) | $12.24 Billion | 11.48% | 0.59x | $45.85 Million |
| GP Petroleums Limited (GULFPETRO) | $2.19 Billion | 7.10% | 0.35x | $7.83 Million |
| Hindustan Petroleum Corporation Limited (HINDPETRO) | $75.54 Billion | 26.16% | 1.58x | $4.08 Billion |
| Mangalore Refinery and Petrochemicals Limited (MRPL) | $129.70 Billion | 0.43% | 1.66x | $425.02 Million |