INDIAN OIL CORP LTD Fair Value

IOC · Oil Gas & Consumable Fuels · Current price ₹141.69

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DocStoX fair value
₹221
low confidence
Current price
₹142
Upside to fair value
+56.1%
Verdict
Buy
Quality score
5.0 / 10
Valuation methods
MethodFair valueStatus
Residual income₹20621% ROE fading to 14% over ~10 yrs, on ₹155 book
Relative P/E₹162EPS × 5.4 peer-median P/E
Graham floor₹322Conservative floor: √(22.5 × EPS × book value/share)
Analyst targetNo analyst coverage
Model it yourself — Margin of Safety Calculator
Opens pre-filled with INDIAN OIL CORP LTD's latest numbers.

Is INDIAN OIL CORP LTD undervalued?

DocStoX estimates the fair value of INDIAN OIL CORP LTD at ₹221 per share, versus the current market price of ₹142. That puts the stock about +56.1% below our fair-value estimate, which we read as "Buy". Our confidence in this estimate is low.

How this fair value is calculated

This estimate blends 3 independent methods: Residual income (₹206), Relative P/E (₹162), Graham floor (₹322). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.

Bear, base and bull scenarios

Our scenarios span ₹162 (bear) to ₹221 (base) to ₹322 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.

More on INDIAN OIL CORP LTD

DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.