Indian Oil (NSE:IOC) Retained Earnings: ₹0 Mil (As of Mar. 2026)

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NSE:IOC Indian Oil Corp Ltd NSE:IOC
77 GF Score
Price ₹141.52
GF Value ₹156.77
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Indian Oil Retained Earnings?

Indian Oil NSE:IOC +2.20% 77 Retained Earnings is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:IOC with a GF Score™ of 77/100 and a GF Value™ of ₹156.77 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indian Oil's retained earnings for the quarter that ended in Mar. 2026 was ₹0 Mil.

Indian Oil's annual retained earnings declined from Mar. 2024 (₹390,325 Mil) to Mar. 2025 (₹190,953 Mil) and declined from Mar. 2025 (₹190,953 Mil) to Mar. 2026 (₹0 Mil).


Indian Oil  (NSE:IOC) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Indian Oil Retained Earnings Historical Data

* Premium members only.

The historical data trend for Indian Oil's Retained Earnings 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.

Indian Oil Retained Earnings Chart

Indian Oil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30,509.90 96,575.10 390,325.00 190,953.40 0.00

Indian Oil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 190,953.40 0.00 0.00 0.00 0.00
NSE:IOC
77GF Score
Indian Oil Corp Ltd NSE:IOC
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Oil Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹0 Mil mean?
Indian Oil (NSE:IOC) has a Retained Earnings of ₹0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Indian Oil and its competitors.
Is Indian Oil's Retained Earnings too high?
Indian Oil's current Retained Earnings is ₹0 Mil. Overall, Indian Oil has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Retained Earnings compare to MPC and VLO?
Indian Oil's Retained Earnings of ₹0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Indian Oil and its competitors. Indian Oil's current Retained Earnings is ₹0 Mil. 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 Modestly Undervalued. The stock's GF Value™ is ₹156.77, compared to a current price of ₹141.52 — trading 9.7% below its estimated fair value. The current Retained Earnings is ₹0 Mil. Indian Oil's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Indian Oil (NSE:IOC), the current Retained Earnings is ₹0 Mil 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 ₹141.52 is trading 9.7% below its estimated GF Value™ of ₹156.77. GuruFocus considers Indian Oil to be Modestly Undervalued.

Key valuation signals for NSE:IOC:

  • Retained Earnings: ₹0 Mil
  • GF Value™: ₹156.77 vs. price of ₹141.52 (9.7% below fair value)
  • GF Score™: 77/100 with 5 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges 530965:India
Address J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110049
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.
77GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹141.52
Price
₹156.77
GF Value