| Intrinsic Valuation of: IOC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 26 | Market Cap | ₹1,899B | |||||
| 2021 | - | - (-) | P/E Ratio | 5 | Total Asset | ₹5,069B | |||||
| 2022 | ₹23B | - (-) | Net Income | ₹136B | Total Debt | ₹518B | |||||
| 2023 | ₹-32B | -240.0% (-199.1%) | EBITDA | ₹423B | Total Liab | ₹3,158B | |||||
| 2024 | ₹340B | 1159.7% (1234.7%) | Opr Margin | 2.89 | Debt/Equity | 0.27 | |||||
| 2025 | ₹-2B | -100.4% (-100.5%) | PreTax Margin | 1.77 | BV/Share | 126 | |||||
| 5Y Average FCF | ₹82B | 15.0% (311.7%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.48% | Historical US Bond Yield: | 4.40% | ||||||||
| Discount Rate (WACC): | 9.02% | Current US Bond Yield: | 3.48% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (15.0%) | ||||||||||
| 2026 | ₹209B | MBG Intrinsic Value | ₹233 | ||||||||
| 2027 | ₹235B | ||||||||||
| 2028 | ₹258B | ||||||||||
| 2029 | ₹277B | ||||||||||
| 2030 | ₹291B | ||||||||||
| 2031 | ₹298B | ||||||||||
| Terminal Value | ₹4,674B | Net Worth/Share | ₹135 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹3,934B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹242 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹518B | WACC | 7.0% | 308 | 335 | 368 | 409 | 462 | |||
| Equity Value | ₹3,423B | 8.0% | 254 | 273 | 294 | 320 | 351 | ||||
| Shares Outstanding | 14,121,238,383 | 9.0% | 215 | 228 | 243 | 260 | 280 | ||||
| 10.0% | 184 | 194 | 205 | 217 | 231 | ||||||
| DCF Intrinsic Value | ₹242 | 11.0% | 160 | 168 | 176 | 185 | 195 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||