- Net Income: 26.4 billion rupees, down 81% year-over-year (YoY). Estimated income was 37.27 billion rupees.
- Revenue: 2.16 trillion rupees, a decrease of 2.3% YoY. Estimated revenue was 2.07 trillion rupees.
- Total Costs: 2.13 trillion rupees, an increase of 4.4% YoY.
- Other Income: 5.34 billion rupees, down 22% YoY.
- Refining Margin: $6.39 per barrel, a decline of 23% YoY. The estimated margin was $8.83 per barrel.
- Analyst Ratings: 14 buys, 6 holds, 13 sells.
A look at Indian Oil Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Indian Oil Corporation Limited, a key player in the Indian energy sector, displays a promising long-term outlook based on its Smartkarma Smart Scores. With top-notch scores of 5 in both value and dividend factors, the company demonstrates strong financial health and consistent returns to shareholders. Additionally, scoring a commendable 4 in growth, Indian Oil Corp shows potential for expansion and development in the future. However, with slightly lower scores in resilience and momentum at 3 each, the company may face challenges in adapting to market shifts and maintaining a steady growth trajectory. Overall, Indian Oil Corp‘s robust performance in value and dividends underscores its stability and attractiveness for long-term investors.
Indian Oil Corporation Limited, a major player in the oil and gas industry in India, is well-positioned for steady growth and profitability according to its Smartkarma Smart Scores. Achieving a perfect score of 5 in both value and dividend categories, the company excels in delivering strong financial returns and rewarding its investors. With a solid score of 4 in growth, Indian Oil Corp showcases potential for expansion and innovation in the dynamic energy market. Despite scoring slightly lower in resilience and momentum at 3, the company’s extensive product line and widespread retail presence in India provide a solid foundation for long-term success. In conclusion, Indian Oil Corp‘s stellar performance in key areas highlights its attractiveness for investors seeking stable returns in the long run.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
