Comparison · NSE · data 2026-11-02
Gujarat Natural Resources Limited vs Indian Oil Corp. Ltd.
In plain words
Size: Indian Oil Corp. Ltd. is about 124.4 times the market value of Gujarat Natural Resources Limited.
Valuation (P/E): Gujarat Natural Resources Limited 74 vs Indian Oil Corp. Ltd. 3.9.
Return on equity: Indian Oil Corp. Ltd. 20.7% vs Gujarat Natural Resources Limited 5.5%.
Debt to equity: Indian Oil Corp. Ltd. 0.6 vs Gujarat Natural Resources Limited 0.07.
Differences in the numbers, not a recommendation of either stock.
Side by side
| GNRL | IOC | |
|---|---|---|
| Price | ₹99.71 | ₹134.31 |
| Market cap | ₹1,476 cr | ₹1,83,576 cr |
| P/E | 74 | 3.9 |
| P/B | — | 0.8 |
| ROE | 5.5% | 20.7% |
| ROCE | 2.4% | 20.8% |
| Debt / equity | 0.07 | 0.6 |
| Operating margin | 46.5% | 7.3% |
| Dividend yield | 0.00% | 6.35% |
| Sales growth, 3 years (yearly) | 31.9% | -2.2% |
| Profit growth, 3 years (yearly) | — | 62.6% |
| 1-year return | -1.8% | -17.9% |
| Revenue, last 12 months | ₹33 cr | ₹9,33,821 cr |
| Net profit, last 12 months | ₹19 cr | ₹47,242 cr |
| Latest quarter | — | Sept 2026 |
| Quarter net profit | — | ₹21,408 cr |
| Quarter profit vs a year earlier | — | +173.8% |
| Promoter holding | — | 51.50% |
| Health check | Average (4.9/10) | Strong (7.1/10) |
Common questions
Which has a higher P/E, Gujarat Natural Resources Limited or Indian Oil Corp. Ltd.?
Gujarat Natural Resources Limited trades at the higher P/E (74 against 3.9). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Indian Oil Corp. Ltd. (20.7% against 5.5%).
Which carries more debt?
Indian Oil Corp. Ltd. has the higher debt-to-equity ratio (0.6 against 0.07).