IOCL Share Price Target 2025, 2027, 2028, 2030, 2040

IOCL Share is a bullish trend in the share market. In the time of share ups and downs, you should know all about share details before investing. In this blog, we are going to discuss IOCL Share Price Target 2025, 2027, 2028, 2030, 2040. We try to analysis about the share base in the company’s overall performance.

We also look after the company’s profit growth in the last 5 years, the last 5 year’s sales growth, and the last 5 years’ ROE percentage similarly we also compare the IOCL Share growth, the share price return amount of the share become increasing or decreased through the last 5 year’s. We also take advice from experts about which time we should invest in the share it may be helpful for you also. Let’s have a look at IOCL Share Price Target from 2025 to 2040.

Overview Of Indian Oil Corporation Limited?

Indian Oil Corporation Limited is an Indian multinational oil and gas company owned by the Ministry of Petroleum and Natural Gas, Government of India. Established in 1959, it is the largest government-owned oil producer. In 2022, it ranked 94th on the Fortune Global 500 list of the world’s biggest corporations. The company’s headquarters is in New Delhi, India.

Fundamental Analysis Of IOCL

Company Name	Indian Oil Corporation Limited
Market Cap	₹2,44,658.85 Crore
P/B	1.38
Face Value	₹10
Book Value	₹127.98
52 Week High	₹197.10
52 Week Low	₹85.68
DIV. YIELD	6.94%

Some Basic Performance Of IOCL

When we want to analyze the overall company’s performance we should gather some basic data of the company like PE Ratio, Current Ratio, ROA percentage, and ROE Percentage through these parameters we can easily calculate the company’s performance.

PE Ratio	Current Ratio	Return On Assets (ROA)%	Return On Equity (ROE)%	Earning Per Share
8.63	1.20	0.72%	25.46%	20.20

History Of IOCL Share Price Target From The Year 2024 to 2040

Year	1st Price Target	2nd Price Target
IOCL Share Price Target 2024	₹152.02	₹201.85
IOCL Share Price Target 2025	₹192.63	₹298.22
IOCL Share Price Target 2027	₹403.65	₹496.47
IOCL Share Price Target 2028	₹497.12	₹565.41
IOCL Share Price Target 2030	₹789.64	₹903.66
IOCL Share Price Target 2040	₹2,043.86	₹2,133.70

IOCL Share Price Target 2025

Indian Oil has more than 100 years of experience in all areas of Petroleum refining. The company has a refining capacity of 70.25 million metric tonnes per annum (MMTPA) which also has approval to enhance it to 87.9 MMTPA. Here we discuss the names of some refineries and their refining capacity. If we look at the IOCL Share Price Target 2025 forecast, the 1st Price Target is ₹162.63 and the 2nd Price Target is ₹298.22.

• Digboi Refinery 0.65 MMTPA
• Guwahati Refinery 1.20 MMTPA
• Barauni Refinery 6.00 MMTPA
• Gujarat Refinery 13.70 MMTPA
• Haldia Refinery 8.00 MMTPA

Month	1st Price Target	2nd Price Target
January	₹162.63	₹199.01
February	₹201.52	₹275.68
March	₹264.85	₹235.22
April	₹234.91	₹252.78
May	₹251.97	₹262.36
June	₹260.58	₹272.12
July	₹270.23	₹261.25
August	₹259.47	₹268.46
September	₹265.35	₹277.87
October	₹275.49	₹284.62
November	₹278.76	₹286.41
December	₹287.59	₹298.22

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IOCL Share Price Target 2027

Indian Oil Company operates a network of 20,000 km long crude oil, petroleum product, and gas pipelines with a capacity of 125 million metric tonnes per annum of oil and around 49 million metric meters per day of gas. In the last financial year 2023-24, Indian Oil Company provides a capacity of 95.9 million metric tonnes for liquid pipelines and 3077 million metric standard cubic meters for gas pipelines. In that year Indian Oil also added 2180 km of pipeline length. If we look at the IOCL Share Price Target 2027 forecast, the 1st Price Target is ₹403.65 and the 2nd Price Target is ₹496.47.

Month	1st Price Target	2nd Price Target
January	₹403.65	₹423.37
February	₹422.28	₹435.74
March	₹440.87	₹429.01
April	₹430.69	₹438.14
May	₹437.88	₹445.97
June	₹442.49	₹454.69
July	₹450.23	₹458.36
August	₹457.95	₹451.89
September	₹450.76	₹462.67
October	₹460.83	₹471.34
November	₹465.20	₹479.66
December	₹480.93	₹496.47

IOCL Share Price Target 2028

Indian Oil Corporation is one of the largest companies which processes over 1.6 million barrels of crude oil and has more than 61,000 customer touchpoints including 37,500 fuel stations. The company mainly supplies raw petrol coke, diesel, kerosene, aviation turbine fuel, motor spirits, etc. The company provides facilities through Piped Natural Gas (PNG), Compressed Natural Gas (CNG), and City Gas Distribution (CGD). The company delivers more than 26 Lakh LPG cylinders daily and fuels over 2,300 flights. If we look at the IOCL Share Price Target 2028 forecast, the 1st Price Target is ₹497.12 and the 2nd Price Target is ₹565.41.

Year	IOCL Share Price Target 2028
1st Price Target	₹497.12
2nd Price Target	₹565.41

IOCL Share Price Target 2030

Indian Oil Company is also expanding the capacity of City Gas distribution, an interconnected system of Underground natural gas pipelines for supplying Piped Natural Gas and Compressed Natural Gas to domestic and industrial customers. The company provides its facility in 49 Geographical Areas, and 105 districts across 21 states. City Gas Distribution is also used to supply natural gas to retail outlets in specific cities or districts which is further compressed before filling into Vehicles as Compressed Natural Gas. If we look at the IOCL Share Price Target 2030 forecast, the 1st Price Target is ₹789.64 and the 2nd Price Target is ₹903.66.

Month	1st Price Target	2nd Price Target
January	₹789.64	₹795.65
February	₹794.52	₹801.69
March	₹785.93	₹776.47
April	₹774.39	₹788.31
May	₹783.64	₹794.90
June	₹793.77	₹810.62
July	₹805.75	₹825.47
August	₹820.32	₹842.16
September	₹839.75	₹853.06
October	₹850.55	₹865.21
November	₹862.87	₹879.44
December	₹880.79	₹903.66

IOCL Share Price Target 2040

In the year 2004 Indian Oil Limited entered into the Natural Gas Marketing business and established itself as the second-largest natural gas business. Indian Oil through its Joint Venture Indian Oil LNG Private Limited developed a 5 MMTPA capacity LNG Terminal at Kamarajar Port in Tamil Naidu. In the year 2010 Indian Oil commissioned the Dadri-Panipat pipeline and in the year 2022, the company commissioned the Dahej-Koyali pipeline. If we look at the IOCL Share Price Target 2040 forecast, the 1st Price Target is ₹2,043.86 and the 2nd Price Target is ₹2,133.70.

Month	1st Price Target	2nd Price Target
January	₹2,043.86	₹2,055.12
February	₹2,054.26	₹2,062.48
March	₹2,057.47	₹1,990.42
April	₹1,989.65	₹2,005.56
May	₹2,002.66	₹2,028.95
June	₹2,025.45	₹2,042.79
July	₹2,040.78	₹2,058.10
August	₹2,053.55	₹2,066.90
September	₹2,064.21	₹2,078.97
October	₹2,075.55	₹2,088.86
November	₹2,090.79	₹2,115.82
December	₹2,113.73	₹2,133.70

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Last Few Year’s Performance Of Indian Oil Limited

Profit Growth

The profit growth percentage of the company in the last 5 years is described below.

• In the last 5 years 18.62%
• In the last 3 years 21.99%
• In the last 1 year 381.25%

Suppose we look at the Net Profit amount of the company which was ₹8,312.25 Crore in March 2023 which increased to ₹39,712.52 Crore in March 2024. The Operating Profit amount of the company was ₹22,315.36 Crore in March 2023 which increased to ₹69,438.96 Crore in March 2024.

Sales Growth

The sales growth percentage of the company in the last 5 years is described below.

• In the last 5 years 7.98%
• In the last 3 years 26.95%
• In the last 1 year -7.78%

The Net Sales amount of the company was ₹2,21,148.23 Crore in June 2023 which decreased to ₹2,15,997.52 Crore in June 2024.

ROE Percentage

The ROE percentage growth of the company in the last 5 years is described below.

• In the last 5 years 14.87%
• In the last 3 years 17.26%
• In the last 1 year 25.48%

ROCE Percentage

The ROCE percentage growth of the company in the last 5 years is described below which also increased rapidly.

• In the last 5 years 12.36%
• In the last 3 years 14.89%
• In the last 1 year 21.45%

Total Expenditure Amount

The company’s total expenditure was ₹8,18,102.52 Crore in June 2023, which increased to ₹7,04,915.98 Crore in March 2024.

The Net Cash Flow Amount

The company’s net cash flow amount was ₹-347.12 Crore in March 2023, which increased to ₹100.98 Crore in March 2024.

Revenue Amount

The total revenue amount of the company was ₹8,46,708.54 Crore in March 2023 which decreased to ₹779,125.45 Crore in March 2024. The Net Revenue amount of the company was ₹835,652.85 Crore in March 2023 which decreased to ₹770,103.52 Crore in March 2024.

Total Expenses Amount

The total expenses amount of the company was ₹836,123.52 Crore in March 2023 which decreased to ₹726,784.19 Crore in March 2024.

Peers Company Of Indian Oil Limited

Company Name	Market Cap (Crore)
Bharat Petroleum Corporation Limited	₹1,48,421.28
Hindustan Petroleum Corporation Limited	₹87,450.65
Mangalore Refinery And Petrochemical Limited	₹33,493.21
Reliance Industries Limited	₹19,93,159.49

Dividend History Of IOCL

Year	Dividend Medium	Dividend Amount Per Share
2024	Final	₹7.0000 (70%)
2023	Final	₹3.0000 (30%)
2022	Final	₹2.4000 (24%)
2021	Final	₹1.5000 (15%)
2020	Interim	₹4.2500 (42.5%)

Discussion About Share Holding Pattern Of Indian Oil Limited

Indian Oil Limited mainly has four types of shareholding patterns: promoter holding, public holding, DII, and FII. Depending on the shareholding pattern, we can majorly influence the company’s growth.

Promoter Holding

Promoter Holding capacity is the percentage of the share owned by the company’s promoter or the company’s owner. The Promoter Holding Capacity in the company’s share is 51.60%.

Public Holding

Public Holding capacity is the indicator of the percentage that is held by the public rather than the promoters. The Public Holding Capacity in the company’s share is 11.10%.

FII

The full form of FII is Foreign Institutional Investor which invests funds from outside of its home country. The FII investor percentage in the company’s share is 7.60%.

DII

The full form of DII is Domestic Institutional Investor which means some Indian Institutes like mutual funds, insurance companies, and pension funds invest money in the country’s assets. The FII investor percentage in the company’s share is 29.70%.

The Last Few Years Share Price Updation Of IOCL Share

IOCL Share always gives good returns to investors which is described in the below portion. The last 6 month’s share growth was +12.27 (7.65%), the last 1 month’s share growth was +6.08 (3.68%), the last 1 years share growth was +80.57 (87.01%), the last 5 years share growth was +84.71 (95.90%) and the maximum share growth was +161.29 (1,360.79%).

IOCL Share Price return percentage was 3.55% in the last 1 month, the last 3 months’ share price return percentage was 1.60%, the last 1 year’s share price return percentage was 89.12%, the last 5 years’ share price return percentage was 102.52% which increased to 120.85% in the last 3 year’s. IOCL Share always gives a good return to investors. If anyone wants to invest in the share it will be profitable on a long-term basis.

Why Should I invest in IOCL Share right now?

Advantages

• The last 3 years’ revenue growth of the company was very good which was 27.01%.
• The last 3 year’s profit growth was 21.99% which is very good.
• The company has a small amount of debt and the interest cover ratio of the company is also very good which is 8.13.
• The cash conversation cycle of the company is good which is 25.46 days.
• The company has good cash flow management, PAT stands at 1.78.
• The Promoter Holding capacity of the company is 51.60%.
• The company’s PEG Ratio is 0.03.
• The last 6 month’s share growth was +12.27 (7.65%) and the last 1 year’s share price return percentage was 89.12%.

Disadvantages

There are many competitor companies so the profit amount of the company may be affected.

What Is the Future Growth of Indian Oil Limited?

Positive Sides

• The demand for oil and gas increasing rapidly day by day so the company’s demand never decreases.
• Indian Oil Limited expanded its business in different sectors like the supply of natural gas, biofuels, hydrogens, and batteries which will increase rapidly in the future.
• The company expanding its business in different corners of our country in rural and semi-urban areas also. Not only in rural areas but also spread outside of the country also.
• The company maintains high-value dividends which is also a good side for the company’s growth.
• The company’s increasing the natural gas market, more oil well discoveries by the company.

Negative Sides

• If any changes occur in the price rate of oil which may increase or decrease by the government it may affect the profit of the company.
• Any legal issue may affect the company’s growth as it is an oil and gas refinery company.

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FAQ

Conclusion

This website is written to help the investor gain some basic knowledge about the market strategy of IOCL Share. For making this blog we take consultation from expertise and doing research about the company. It is expected that IOCL Share Price Target will be a good choice to invest in on a long-term basis. The demand for the oil and gas refining sector in India and outside of the country always increases as a result of the company and the share may increase rapidly.

We try to give an in-depth idea about the share. If you think it is helpful to you you can share it. If you have any questions please let us know through the comment box we will try to reply to your questions and solve your problem. Thanks for visiting this website and thanks for being with us.

Disclaimer – We are not SEBI-registered advisors. A financial market is always risky to anyone. This website is only for training and educational purposes. So before investing, we are requested to discuss certified expertise. We will not be responsible for anyone’s profit or loss.