I O C L (530965) Feb 2026 Filing Analysis

01 · Management Credibility

Does management do what it says?

MissedOther Findings

52/100

The company maintains a healthy debt-to-equity ratio. With total equity at INR 1,78,677 crore and debt levels at INR 1,28,239 crore, the ratio is approximately 0.72:1, well within the 1:1 benchmark. (2 met, 3 missed across 5 tracked commitments)

“Capex Target for FY 2025-26 ... 34701”

I O C L · Investor PPT · Feb 2026 · p.7

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