| Intrinsic Valuation of: IOC | |||||||||||
| Free Cash Flow Average and Growth over past 5Y | Key Statistics | ||||||||||
| Year | FCF | FCF (FCF/Revenue) | |||||||||
| 2020 | - | - | EPS (FY) | 10 | Market Cap | ₹2,078B | |||||
| 2021 | - | - (-) | P/E Ratio | 15 | Total Asset | ₹5,069B | |||||
| 2022 | ₹23B | - (-) | Net Income | ₹136B | Total Debt | ₹518B | |||||
| 2023 | ₹-32B | -240.0% (-199.1%) | EBITDA | ₹431B | Total Liab | ₹3,158B | |||||
| 2024 | ₹340B | 1159.7% (1229.6%) | Opr Margin | 0.03 | Debt/Equity | 0.27 | |||||
| 2025 | ₹-2B | -100.4% (-100.5%) | PreTax Margin | 1.34 | BV/Share | 126 | |||||
| 5Y Average FCF | ₹82B | 273.1% (310.0%) | |||||||||
| Overall Market Assumptions: | |||||||||||
| Assumptions: | P/E for No-Growth Company: | 7.0 | |||||||||
| Perpetual Growth Rate (g): | 2.5% | Historical US Bond Yield: | 4.4% | ||||||||
| Discount Rate (WACC): | 7.4% | Current US Bond Yield: | 3.5% | ||||||||
| Forcasting Future Free Cash Flow for next 6Y | Modified Benjamin Graham's Intrinsic Value | ||||||||||
| Year | FCF Projection (25.0%) | ||||||||||
| 2026 | ₹103B | MBG Intrinsic Value | ₹88 | ||||||||
| 2027 | ₹129B | ||||||||||
| 2028 | ₹161B | ||||||||||
| 2029 | ₹201B | ||||||||||
| 2030 | ₹251B | ||||||||||
| 2031 | ₹314B | ||||||||||
| Terminal Value | ₹6,524B | Net Worth/Share | ₹135 | ||||||||
| DCF Valuation | DCF Valuation "What If" Scenario Table | ||||||||||
| Enterprise Value | ₹5,111B | Growth Rate | |||||||||
| (+) Cash & Cash Equivalents | ₹7B | ₹326 | 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | ||||
| (-) Total Debt | ₹518B | WACC | 7.3% | 279 | 304 | 334 | 371 | 418 | |||
| Equity Value | ₹4,600B | 7.4% | 276 | 300 | 330 | 366 | 412 | ||||
| Shares Outstanding | 14,121,199,616 | 7.4% | 273 | 297 | 326 | 361 | 406 | ||||
| 7.9% | 246 | 266 | 289 | 318 | 353 | ||||||
| DCF Intrinsic Value | ₹326 | 8.4% | 223 | 240 | 259 | 282 | 310 | ||||
| Analyzed by QuantJuice (2025) | |||||||||||