Reliance Industries vs Indian Oil Corporation: share price & financials comparison
NSE: RELIANCE vs IOC · Oil Gas & Consumable Fuels · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Reliance Industries vs Indian Oil Corporation at a glance
Reliance Industries (RELIANCE) has a market capitalisation of ₹17,86,356 Cr, against ₹2,06,523 Cr for Indian Oil Corporation (IOC). Over the past year Indian Oil Corporation has returned -10.3%, compared with -12.2% for Reliance Industries. On valuation, Indian Oil Corporation trades at a lower P/E of 4.4 versus 21.8. Indian Oil Corporation earns a higher return on equity (20.3% vs 8.7%). Reliance Industries comes out ahead on size, profitability and financial health. Indian Oil Corporation comes out ahead on valuation, growth, momentum and technicals. Across the scored metrics below, Reliance Industries leads on 6 and Indian Oil Corporation on 12. On StoxGud's 10-point checklist, Reliance Industries scores 3/10 and Indian Oil Corporation scores 6/10.
| Metric | Reliance Industries | Indian Oil Corporation |
|---|---|---|
| Size | ||
| Market cap | ₹17,86,356 Cr | ₹2,06,523 Cr |
| Revenue (latest FY) | ₹10,75,675 Cr | ₹9,01,453 Cr |
| Net profit (latest FY) | ₹80,775 Cr | ₹42,096 Cr |
| Valuation | ||
| P/E | 21.8 | 4.4 |
| P/B | 1.89 | 0.89 |
| Dividend yield | 0.44% | 6.63% |
| Profitability | ||
| Return on equity | 8.7% | 20.3% |
| Net profit margin | 6.8% | 4.6% |
| Operating margin | 16.0% | 8.3% |
| Growth | ||
| Revenue growth (YoY) | +28.6% | +29.8% |
| Net profit growth (YoY) | +40.6% | +173.8% |
| Revenue CAGR (multi-year) | +9.9% | +11.6% |
| Financial health | ||
| Debt to equity | 0.41 | 0.60 |
| Momentum | ||
| 1-month return | +9.3% | +12.5% |
| 1-year return | -12.2% | -10.3% |
| 3-year CAGR | +4.1% | +13.9% |
| 5-year CAGR | +2.7% | +9.3% |
| 10-year CAGR | +19.0% | +3.3% |
| Distance from 52W high | -17.1% | -22.0% |
| Technicals | ||
| RSI (14) | 70 | 82 |
| Price vs 200-day avg | -0.4% | +0.9% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Reliance Industries | Indian Oil Corporation |
|---|---|---|
| Price above 50-day average | ✓ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✗ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✗ | ✗ |
| Return on equity above 15% | ✗ | ✓ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✓ |
| Score | 3/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Reliance Industries or Indian Oil Corporation?
Reliance Industries has a market cap of ₹17,86,356 Cr and Indian Oil Corporation has a market cap of ₹2,06,523 Cr as of 06 Nov 2026.
Which has a lower P/E, Reliance Industries or Indian Oil Corporation?
Indian Oil Corporation has the lower P/E: Reliance Industries trades at 21.8 and Indian Oil Corporation at 4.4.
Which gave better returns in the last year, Reliance Industries or Indian Oil Corporation?
Indian Oil Corporation did better: Reliance Industries returned -12.2% and Indian Oil Corporation returned -10.3% over one year.
Is Reliance Industries or Indian Oil Corporation a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Reliance Industries scores 3/10 and Indian Oil Corporation scores 6/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.