Indian Oil Corporation Ltd vs Reliance Industries Ltd Stock Comparison

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Last Updated on: May 24, 2026

Key Highlights

The Latest Trading Price of Indian Oil Corporation Ltd is ₹ 139.5 as of 22 May 15:30 . The P/E Ratio of Indian Oil Corporation Ltd changed from 3.9 on March 2021 to 12.9 on March 2025 . This represents a CAGR of 27.03% over 5 yearsThe P/E Ratio of Reliance Industries Ltd changed from 26.3 on March 2021 to 24.8 on March 2025 . This represents a CAGR of -1.17% over 5 years The Market Cap of Indian Oil Corporation Ltd changed from ₹ 86421 crore on March 2021 to ₹ 180398 crore on March 2025 . This represents a CAGR of 15.86% over 5 yearsThe Market Cap of Reliance Industries Ltd changed from ₹ 1292957 crore on March 2021 to ₹ 1725377 crore on March 2025 . This represents a CAGR of 5.94% over 5 years The revenue of Indian Oil Corporation Ltd for the Mar '26 is ₹ 210713 crore as compare to the Dec '25 revenue of ₹ 206784 crore. This represent the growth of 1.9% The revenue of Reliance Industries Ltd for the Mar '26 is ₹ 298506 crore as compare to the Dec '25 revenue of ₹ 269819 crore. This represent the growth of 10.63% The ebitda of Indian Oil Corporation Ltd for the Mar '26 is ₹ 27228 crore as compare to the Dec '25 ebitda of ₹ 24372 crore. This represent the growth of 11.72% The ebitda of Reliance Industries Ltd for the Mar '26 is ₹ 48588 crore as compare to the Dec '25 ebitda of ₹ 50932 crore. This represent the decline of -4.6% The net profit of Indian Oil Corporation Ltd changed from ₹ 3722 crore to ₹ 15176 crore over 8 quarters. This represents a CAGR of 101.91% The net profit of Reliance Industries Ltd changed from ₹ 17448 crore to ₹ 20616 crore over 8 quarters. This represents a CAGR of 8.70% The Dividend Payout of Indian Oil Corporation Ltd changed from 50.45 % on March 2021 to 31.87 % on March 2025 . This represents a CAGR of -8.78% over 5 yearsThe Dividend Payout of Reliance Industries Ltd changed from 14.12 % on March 2021 to 21.11 % on March 2025 . This represents a CAGR of 8.38% over 5 years .

About Indian Oil Corporation Ltd

IOCL Dividend Overview Indian Oil Corporation Ltd first started paying dividends in 1966-67 to its shareholders after its establishment as a public company.
It has consistently shared profit 61 times with investors through yearly and interim payouts.
According to available IOC dividend history records, in 2025, Indian Oil paid dividends twice.
It declared a final dividend of ₹3 per share with an ex‑dividend date of August 8, 2025, and an interim dividend of ₹5 per share announced with a record date of December 18, 2025, which was paid on or before January 11, 2026. Indian Oil Corporation Ltd Dividend Payout Ratio The dividend payout ratio measures the portion of a company’s net earnings that is distributed to shareholders as dividends, expressed as a percentage of total profits.
Higher ratios suggest a substantial part of the company’s earnings are returned to shareholders.

About Reliance Industries Ltd

Reliance Industries Ltd Dividend Overview Reliance Industries Limited is India's largest private sector company on all major financial parameters. In 2004, Reliance Industries (RIL) became the first Indian private sector organisation to be listed in the Fortune Global 500 list. The Company operates world-class manufacturing facilities across the country at Allahabad, Barabanki, Dahej, Hazira, Hoshiarpur, Jamnagar, Nagothane, Nagpur, Naroda, Patalganga, Silvassa and Vadodara. The Company is engaged in activities spanning across hydrocarbon exploration and production, Oil to Chemicals, Retail and Digital Services.
Reliance Industries' activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail, and telecommunications. The petrochemicals segment includes production and marketing operations of petrochemical products. Reliance Industries Ltd Dividend Payout Ratio The dividend payout ratio represents the percentage of a company's net profit that is distributed to shareholders as dividends.
It indicates how much of the earnings are returned to investors versus retained within the business for reinvestment, expansion, debt reduction, or other strategic initiatives.
A higher payout ratio suggests the company is prioritising shareholder returns, while a lower ratio indicates a focus on internal growth and capital allocation for future opportunities.  Reliance Industries Ltd Dividend Growth and Sustainability For Reliance, the Reliance Industries dividend history and its growth are supported by several strong factors. Strong cash flows from different business segments support dividend payments without affecting daily operations.
Reliance benefits from having income from multiple industries. Powerful operating cash flows allow the company to issue dividends when the market is less favourable.

FAQs for the comparison of Indian Oil Corporation Ltd and Reliance Industries Ltd

Which company has a larger market capitalization, Indian Oil Corporation Ltd or Reliance Industries Ltd?

Market cap of Indian Oil Corporation Ltd is 196,991 Cr while Market cap of Reliance Industries Ltd is 1,833,117 Cr

What are the key factors driving the stock performance of Indian Oil Corporation Ltd and Reliance Industries Ltd?

The stock performance of Indian Oil Corporation Ltd and Reliance Industries Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Indian Oil Corporation Ltd and Reliance Industries Ltd?

As of May 24, 2026, the Indian Oil Corporation Ltd stock price is INR ₹139.5. On the other hand, Reliance Industries Ltd stock price is INR ₹1354.6.

How do dividend payouts of Indian Oil Corporation Ltd and Reliance Industries Ltd compare?

To compare the dividend payouts of Indian Oil Corporation Ltd and Reliance Industries Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.