Indian OilNSE:IOC +2.19%83 EBITDA Margin % is 10.40% as of Mar. 2026, which is 9% above its 10-year median of 9.57. GuruFocus rates NSE:IOC with a GF Score™ of 83/100 and a GF Value™ of ₹154.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 916 Oil & Gas companies, Indian Oil ranks worse than 60.37% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Indian Oil's EBITDA for the
three
months ended in Mar. 2026 was ₹216,712 Mil. Indian Oil's Revenue for the
three
months ended in Mar. 2026 was ₹2,082,893 Mil. Therefore, Indian Oil's EBITDA margin for the quarter that ended in Mar. 2026 was 10.40%.
Indian Oil (NSE:IOC) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Indian Oil EBITDA Margin % Related Terms
Indian Oil EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Indian Oil's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:IOC vs VLO, MPC, PSX: EBITDA Margin % Comparison
For the Oil & Gas Refining & Marketing subindustry, Indian Oil's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Indian Oil EBITDA Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indian Oil's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Indian Oil's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Indian Oil (NSE:IOC) has a EBITDA Margin % of 10.40% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Indian Oil and its competitors. This is near median its historical median of 9.57. Over the past decade, Indian Oil's EBITDA Margin % has ranged from 1.70 to 12.75. According to the industry distribution chart, Indian Oil ranks #553 out of 916 companies in the Oil & Gas industry, placing it in the top 60.4%.
Is Indian Oil's EBITDA Margin % too high?
Indian Oil's current EBITDA Margin % of 10.40% is near median its 10-year median of 9.57. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 12.75. The Oil & Gas industry median EBITDA Margin % is 13.80. Indian Oil's value of 10.40% is 24.6% below this industry median. Based on the distribution chart, Indian Oil ranks #553 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Indian Oil has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's EBITDA Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Indian Oil ranks #553 out of 916 companies for EBITDA Margin %. This places Indian Oil in the lower half of its industry. The industry median EBITDA Margin % is 13.80. Indian Oil's value of 10.40% is 24.6% below this benchmark. Historically, Indian Oil's own EBITDA Margin % has ranged from 1.70 to 12.75 over the past decade. While the company's 10-year median is 9.57 vs. the industry median of 13.80, Indian Oil has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Indian Oil's current EBITDA Margin % of 10.40% is 24.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Indian Oil and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Oil's current EBITDA Margin % is 10.40%, which is near median its own 10-year median of 9.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Fairly Valued. The stock's GF Value™ is ₹154.47, compared to a current price of ₹146.30 — trading 5.3% below its estimated fair value. The current EBITDA Margin % is 10.40%, which is near median its 10-year median of 9.57 and 24.6% below the Oil & Gas industry median of 13.80. Indian Oil's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Indian Oil (NSE:IOC), the current EBITDA Margin % is 10.40% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Indian Oil (NSE:IOC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued.
The current stock price of ₹146.30 is trading 5.3% below its estimated GF Value™ of ₹154.47.
GuruFocus considers Indian Oil to be Fairly Valued.
Key valuation signals for NSE:IOC:
EBITDA Margin %: 10.40% (near median its 10-year median of 9.57)
GF Value™: ₹154.47 vs. price of ₹146.30 (5.3% below fair value)
Industry Position: 24.6% below the Oil & Gas median (#553 of 916)
No single metric tells the full story. See the NSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
83GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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