IOCL Share Price Target 2024, 2025, 2027, 2030, 2040

If you think about which share will be best for investment in recent times then you should know about IOCL Share Price Target. Today in our blog we will explain the basic idea about IOCL Share Price Target 2024, 2025, 2027, 2030, 2040. We did the research and took advice from experts to make this blog about the company’s growth, performance, etc.

IOCL Share Price Target is a trading share in the share market. In this article, we will discuss the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. We use expert data and analysis to understand the IOCL Share Price Target 2024 to 2040.

What is Indian Oil Corporation Limited (IOCL) Company?

Indian Oil Corporation Limited (IOCL) is an Indian multinational oil and gas company under the Ministry Of Petroleum and Natural Gas. The headquarters of the company is situated in New Delhi. The company was established in the year 1959.

Overview Of IOCL Company

Indian Oil Corporation Limited is a Government-owned oil producer company. The company’s refining capacity is 80.50MMTPA which has the planning to increase to 107MMTPA by the year 2024-25. The company entered into the Hydrocarbon Value Chain, refining, pipeline, and marketing of petroleum petroleum. Besides that company is also associated with the production of petrochemicals and natural gas.

Financial Data Analysis Of IOCL Company

We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. IOCL Share Price Target also depended upon the ratio described below.

Also Read – ONGC Share Price Target

History Of IOCL Share Price Target From 2024 To 2040

IOCL Share is a bullish trend in the share market. IOCL Share is under both the Indian Stock Exchange BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The last 6 month’s share growth was +36.60 (27.58%), the last 1 year’s share growth was +74.05 (77.74%), the last 5 year’s share growth was +67.83 (66.85%) and the maximum share growth was +157.44 (1,327.49%).

IOCL Share Price return percentage was 77.75% in the last 1 year, the last 3 year’s share price return percentage was 135.18% and the last 5 year’s share price return percentage was 63.52%. 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.

IOCL Share Price Target 2024

The IOCL Company has a good refining capacity, the total refining capacity of the company is 71.23 MMTPA, and IOCL holds a 32% share of the National Refining Capacity. The company has a refining center in Haldia Refinery (8.00 MMTPA), Gujarat Refinery (13.70 MMTPA), Guwahati Refinery (1.20 MMTPA), Paradip Refinery (15 MMTPA), Mathura Refinery (8.00 MMTPA), etc. The major products of the company are LPG, Motor Spirit, High-Speed Diesel, Kerosene Oil, Naphtha, etc.

The company’s profit growth was -17.23% in the last 5 years which increased to 85.52% in the last 3 years and the last 1-year percentage decreased to -65.23%. The Net Profit amount was ₹24,256.63 Crore in March 2022 which decreased to ₹8,345.95 Crore in March 2023. If we look at the IOCL Share Price Target 2024 forecast, the 1st Price Target is ₹155.85 and the 2nd Price Target is ₹195.52.

IOCL Share Price Target 2025

Indian Oil Company maintains a network chain of crude oil, petroleum products, and gas pipelines which is 19,300 km long. The company has a production capacity of 125.5 MMTP oil per annum and the company has the world’s largest oil pipeline of 95.06 million metric tonnes in the year 2022-23. In the year 2022-23, the company newly added a 2451 km pipeline to its pipeline plan.

The company has good sales growth. The last 5 years’ sales growth was 15.12% which increased to 20.25% in the last 3 years and in the last 1 year it increased to 41.25%. The Net Sales amount was ₹2,25,512.05 Crore in March 2023 which became ₹2,20,635.85 Crore in March 2024. If we look at the IOCL Share Price Target 2025 forecast, the 1st Price Target is ₹205.23 and the 2nd Price Target is ₹240.69.

IOCL Share Price Target 2027

Indian Oil Company increased its petrochemical business and in the last financial year invested ₹30,000 for the petrochemical business. The company fixed up new laboratories in different plants for manufacturing petrochemical products like Linear Alkyl Benzene (Lab) in Gujarat Refinery, purified Terephthalic Acid plant in Panipat, and Naphtha cracker plant in Panipat. The company exported its products to different 76 countries.

The ROE Percentage of the company was 12.96% in the last 5 years which increased to 15.99% in the last 3 years and in the last 1 year it decreased to 6.5%. The company’s total revenue was ₹846,785.63 Crore in March 2023, which was reduced to ₹780,256.52 Crore in March 2024. If we look at the IOCL Share Price Target 2027 forecast, the 1st Price Target is ₹290.63 and the 2nd Price Target is ₹330.78.

IOCL Share Price Target 2030

IOCL Company entered into the Natural Gas business in the year 2004. The company spread its Natural Gas business through LNG sourcing, developing cross-country natural gas pipelines, laying CGD networks, and supplying LNG through road tankers. The company’s ” LNG At Doorstep” facility was introduced in the year 2007 in this process LNG gas is transported through a road tracker and re-gasified for use as fuel at the customer location.

The ROCE percentage of the company was 11.4% in the last 5 years which became 13.52% in the last 3 years and in the last 1 year it became 6.55%. The net revenue amount from operation was ₹836,412.63 Crore in March 2023 which became ₹775,415.52 Crore in March 2024. If we look at the IOCL Share Price Target 2030 forecast, the 1st Price Target is ₹405.12 and the 2nd Price Target is ₹430.98.

Also Read – Oil India Share Price Target

IOCL Share Price Target 2040

IOCL Company also takes in City Gas Distribution which is provided by an underground Natural Gas Pipeline and supplies Compressed Natural Gas and Piped Natural Gas to domestic and industrial customers. IOCL Company supplies the facility in 49 Geographic Areas in 105 districts and 21 states. IOCL Company also provides Bulk Explosives and blast-based services in our country which are used in mining operations.

The total expenditure amount was ₹2,11,456.82 Crore in March 2023 which became ₹2,08,456.63 Crore in March 2024. As the company has good market value the promoter holding capacity of the company is good which is 51.10% which means many good investor wants to invest in the share. If we look at the IOCL Share Price Target 2040 forecast, the 1st Price Target is ₹930.25 and the 2nd Price Target is ₹955.85.

Peer’s Company of IOCL Company

• BPCL
• MRPL
• Chennai Petro
• Gandhar Oil
• HINDPETRO

Investors Types And Ratio Of IOCL Company

There are mainly four main Types of Investors in IOCL Company. The company’s growth also depended upon the ratio of investors who invested in the share.

Promoters Holding

Promoters Holding means how much capital is invested by company promoters (company owner) through overall capital. IOCL Company’s promoter holding capacity is 51.10%.

Public Holding

Public Investors are individuals who invest in the public market for profit in the future (large and small companies). IOCL Company’s public holding capacity is 10.40%.

FII

Foreign Institutional Investors are those big companies that invest in different countries company. IOCL Company’s FII is 9.10%.

DII

Domestic Institutional Investors (like Insurance, companies mutual funds) who invest in their own country. IOCL Company’s DII is 29.40%.

Advantages and Disadvantages Of IOCL Share

Every share has some advantages and some disadvantages also. So, the IOCL Share Price Target also has some advantages and disadvantages.

Advantages

• The last 3 year’s profit growth of the company is good 85.52%.
• The revenue growth of the company is 19.72% in the last 3 years.
• The promoter holding capacity of the company is good which is 51.10%.
• The company has a good cash conversation cycle which is 26.04 days.
• The book value amount of the company has been increasing in the last 2 years.
• The cash flow management of the company is good, PAT stands for 1.55.
• The company is increasing with zero promoter pledges.

Disadvantages

• The net profit amount of the company decreased in the last 1 year.
• The revenue amount of the company decreased in the last quarter.
• The ROE percentage of the company has decreased to 6.5% in the last 1 year.

Also Read – BPCL Share Price Target

FAQ

Conclusion

Hopefully, www.sharetargethub.com will help you gain some basic ideas about the IOCL Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, IOCL Share Price Target may reach a very high position. IOCL Company is related to the Oil and Refinery Sector. So the demand for this sector also increases which helps the share to gain profit in the future.

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