|
28 Mar 2025 |
Indian Oil Corporation
|
Consensus Share Price Target
|
130.79 |
149.03 |
- |
13.95 |
buy
|
|
|
|
|
28 Jan 2025
|
Indian Oil Corporation
|
Emkay
|
130.79
|
160.00
|
122.58
(6.70%)
|
22.33 |
Buy
|
|
|
IOCL’s Q3FY25 SA EBITDA was Rs91.5bn, at a 25% miss to our estimate due to lower-than expected GRM (at USD2.95 from inventory loss of USD3.7/bbl) and weak marketing performance amid LPG under recoveries of Rs54.5bn.
|
|
28 Jan 2025
|
Indian Oil Corporation
|
Motilal Oswal
|
130.79
|
145.00
|
122.58
(6.70%)
|
10.86 |
Buy
|
|
|
IOCL’s reported 3QFY25 financial performance was below our expectations, mainly led by a weak reported refining margin. Inventory losses stood at USD3.7/bbl (INR52b) in 3Q.
|
|
01 Aug 2024
|
Indian Oil Corporation
|
BOB Capital Markets Ltd.
|
130.79
|
165.00
|
179.73
(-27.23%)
|
Target met |
Sell
|
|
|
IOCL's Q1 reflected weaker core refining margin and impact of LPG under-recovery, although it had healthy fuel marketing margins
|
|
30 Jul 2024
|
Indian Oil Corporation
|
Prabhudas Lilladhar
|
130.79
|
151.00
|
182.95
(-28.51%)
|
Target met |
Sell
|
|
|
|
|
24 May 2024
|
Indian Oil Corporation
|
Geojit BNP Paribas
|
130.79
|
181.00
|
168.80
(-22.52%)
|
Target met |
Hold
|
|
|
|
|
01 May 2024
|
Indian Oil Corporation
|
Prabhudas Lilladhar
|
130.79
|
151.00
|
168.85
(-22.54%)
|
Target met |
Sell
|
|
|
|
|
01 May 2024
|
Indian Oil Corporation
|
Motilal Oswal
|
130.79
|
195.00
|
168.85
(-22.54%)
|
49.09 |
Buy
|
|
|
IOCL’s 4QFY24 EBITDA of INR104b (down 27% YoY) was 26% below our estimate of INR141b due to weaker-than-estimated reported GRM (USD8.4/ bbl in 4QFY24 vs. our estimate of USD15.0/bbl)
|
|
05 Aug 2023
|
Indian Oil Corporation
|
Geojit BNP Paribas
|
130.79
|
107.00
|
92.30
(41.70%)
|
Target met |
Buy
|
|
|
|
|
30 Jul 2023
|
Indian Oil Corporation
|
Motilal Oswal
|
130.79
|
110.00
|
95.25
(37.31%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Indian Oil Corporation
|
ICICI Securities Limited
|
130.79
|
120.00
|
95.25
(37.31%)
|
Target met |
Buy
|
|
|
Indian Oil Corporation’s (IOCL) Q1FY24 EBITDA and PAT of INR 221.6bn and INR 137.5bn beat our estimates of INR 175bn and INR 103bn, respectively. The numbers were also well ahead of Q1FY23 EBITDA of INR 13.6bn and net loss of INR 19.9bn. Reported GRM of USD 8.3/bbl in Q1FY24 was down by USD 6.9/bbl QoQ and USD 23.5/bbl YoY (in-line), while refining throughput was at 18.8mt (down 1% YoY, in-line).
|
|
17 May 2023
|
Indian Oil Corporation
|
ICICI Securities Limited
|
130.79
|
115.00
|
87.00
(50.33%)
|
Target met |
Buy
|
|
|
Indian Oil Corporation (IOCL) has reported a recurring standalone EBITDA of Rs153bn and net earnings of Rs100.6bn for Q4FY23. Earnings were well ahead of our estimates of Rs80.5bn EBITDA and PAT of Rs35.6bn.
|
|
17 May 2023
|
Indian Oil Corporation
|
Prabhudas Lilladhar
|
130.79
|
125.00
|
87.55
(49.39%)
|
Target met |
Buy
|
|
|
|
|
17 May 2023
|
Indian Oil Corporation
|
ICICI Direct
|
130.79
|
105.00
|
87.55
(49.39%)
|
Target met |
Buy
|
|
|
|
|
16 May 2023
|
Indian Oil Corporation
|
Motilal Oswal
|
130.79
|
105.00
|
87.00
(50.33%)
|
Target met |
Buy
|
|
|
|
|
08 Mar 2023
|
Indian Oil Corporation
|
Geojit BNP Paribas
|
130.79
|
86.00
|
79.20
(65.14%)
|
Target met |
Hold
|
|
|
|
|
01 Feb 2023
|
Indian Oil Corporation
|
ICICI Direct
|
130.79
|
90.00
|
79.80
(63.90%)
|
Target met |
Hold
|
|
|
|
|
31 Jan 2023
|
Indian Oil Corporation
|
ICICI Securities Limited
|
130.79
|
118.00
|
81.75
(59.99%)
|
Target met |
Buy
|
|
|
Indian Oil Corporation (IOCL) has reported a recurring standalone EBITDA of Rs36bn and net earnings of Rs4.5bn in Q3FY23. Earnings were ahead of our estimates of Rs24bn EBITDA and net loss of Rs12.5bn. Reported GRM of US$12.9/bbl beats our estimate of US$12.4/bbl, up US$0.9/bbl YoY but down US$5.6/bbl QoQ, while throughput of 18.2mt (up 5/13% YoY/QoQ) was also ahead of estimates.
|
|
31 Oct 2022
|
Indian Oil Corporation
|
Prabhudas Lilladhar
|
130.79
|
50.00
|
68.50
(90.93%)
|
|
Sell
|
|
|
|
|
31 Oct 2022
|
Indian Oil Corporation
|
ICICI Direct
|
130.79
|
75.00
|
68.25
(91.63%)
|
Target met |
Hold
|
|
|
|
|
31 Oct 2022
|
Indian Oil Corporation
|
ICICI Securities Limited
|
130.79
|
85.00
|
68.45
(91.07%)
|
Target met |
Buy
|
|
|
Indian Oil Corporation (IOCL) reported a recurring standalone EBITDA loss of Rs88.4bn and net loss of Rs123bn for Q2FY23.
|