---
title: "Iccon Oil & Specialities Ltd (523766) — Share Price, Financials & Analysis"
symbol: "523766"
company: "Iccon Oil & Specialities Ltd"
canonical: "https://tapetide.com/stocks/523766"
isin: "INE929A01012"
bse_code: "523766"
generated_at: "2026-10-13T11:00:05.794Z"
---

# Iccon Oil & Specialities Ltd (523766)

Canonical page: https://tapetide.com/stocks/523766

## Company

- **BSE Code:** 523766
- **ISIN:** INE929A01012
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** icconoil.com

## About

Iccon Oil & Specialities Ltd. is engaged in manufacturing and selling of petro-chemicals. It also offers re-refined tube oil, lubricating oils, waxes and jellies.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 13% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 54.11 | 55.31 | 55.3 | 54.62 | 56.51 | 57.88 | 57.95 | 58.57 | 61.49 | 58.19 | 58.79 | 57.84 |
| Expenses | 46.45 | 48.57 | 49.48 | 49.08 | 49.17 | 50.41 | 49.73 | 50.39 | 53.67 | 53.26 | 54.17 | 54.36 |
| Operating Profit | 7.66 | 6.74 | 5.82 | 5.54 | 7.34 | 7.47 | 8.22 | 8.18 | 7.82 | 4.93 | 4.62 | 3.48 |
| OPM % | 14.16 | 12.19 | 10.52 | 10.14 | 12.99 | 12.91 | 14.18 | 13.97 | 12.72 | 8.47 | 7.86 | 6.02 |
| Other Income | 2.18 | 2.76 | 3.05 | 4.09 | 4.36 | 4.34 | 5.49 | 5.07 | 5.34 | 7.05 | 7.95 | 6 |
| Interest | 0.33 | 0.11 | 0.15 | 0.15 | 0.21 | 0.15 | 0.14 | 0.14 | 0.18 | 0.38 | 0.23 | 0.18 |
| Depreciation | 1.97 | 2 | 1.92 | 1.82 | 1.8 | 1.63 | 1.4 | 0.98 | 0.94 | 0.77 | 0.94 | 0.87 |
| Profit before tax | 7.54 | 7.39 | 6.8 | 7.66 | 9.69 | 10.03 | 12.17 | 12.13 | 12.04 | 10.83 | 11.4 | 8.43 |
| Tax % | 28.91 | 27.88 | 28.68 | 28.33 | 27.04 | 26.62 | 26.54 | 25.56 | 20.27 | 24.47 | 24.12 | 22.54 |
| Net Profit | 5.36 | 5.33 | 4.85 | 5.49 | 7.06 | 7.36 | 8.94 | 9.04 | 9.6 | 8.17 | 8.66 | 6.53 |
| EPS in Rs | 1.88 | 1.87 | 1.7 | 1.76 | 2.27 | 2.36 | 2.87 | 2.9 | 3.08 | 2.62 | 2.78 | 2.1 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 |
| --- | --- | --- |
| Sales | 0 | 0 |
| Expenses | 0 | 0 |
| Operating Profit | 0 | 0 |
| Other Income | 0 | 0 |
| Interest | 0 | 0 |
| Depreciation | 0.08 | 0.07 |
| Profit before tax | -0.08 | -0.07 |
| Tax % | 0 | 0 |
| Net Profit | -0.08 | -0.07 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 |
| --- | --- | --- |
| Equity Capital | 5.6 | 5.6 |
| Reserves | -16.07 | -16.14 |
| Borrowings | 13.17 | 13.17 |
| Other Liabilities | 1.13 | 1.13 |
| Total Liabilities | 3.83 | 3.76 |
| Fixed Assets | 0.64 | 0.57 |
| CWIP | 3.05 | 3.05 |
| Investments | 0.08 | 0.08 |
| Other Assets | 0.06 | 0.06 |
| Total Assets | 3.83 | 3.76 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 |
| --- | --- | --- |
| Cash from Operating Activity | 0 | 0 |
| Cash from Investing Activity | 0 | 0 |
| Cash from Financing Activity | 0 | 0 |
| Net Cash Flow | 0 | 0 |
| Free Cash Flow | 0 | 0 |

### Ratios

| Item | Mar 2011 | Mar 2012 |
| --- | --- | --- |
| ROCE % | — | -2.63 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 37.79% | 37.37% | 37.59% | 37.63% | 36.99% | 36.23% | 35.84% | 36.45% | 36.42% | 36.51% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0.08% | 0.07% | 0.22% | 0.19% | 0.04% |
| DIIs | 0.29% | 0.4% | 0.2% | 0.23% | 0.18% | 0% | 0% | 0% | 0% | 0% |
| Public | 61.92% | 62.23% | 62.21% | 62.14% | 62.83% | 63.69% | 64.08% | 63.34% | 63.38% | 63.43% |
| No. of Shareholders | 11712 | 11338 | 10786 | 10271 | 25865 | 33037 | 32085 | 30439 | 34381 | 37222 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 35.84% | 36% | 36% | 36.45% | 36.45% | 36.42% | 36.42% | 36.42% | 36.42% | 36.42% | 36.42% | 36.51% |
| FIIs | 0.07% | 0.02% | 0% | 0% | 0.22% | 0.01% | 0.03% | 0.03% | 0.19% | 0.04% | 0.03% | 0.04% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.45% | 0% | 0% | 0% | 0% | 0% |
| Public | 64.08% | 63.98% | 64% | 63.56% | 63.34% | 63.56% | 63.1% | 63.55% | 63.38% | 63.53% | 63.56% | 63.43% |
| No. of Shareholders | 32085 | 31576 | 30593 | 30498 | 30439 | 31433 | 35479 | 34594 | 34381 | 33889 | 33465 | 37222 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 81.8 | Sell |
| EMA (10) | 80.85 | Sell |
| SMA (20) | 85.01 | Sell |
| EMA (20) | 82.89 | Sell |
| SMA (50) | 84.51 | Sell |
| EMA (50) | 85.12 | Sell |
| SMA (100) | 88.88 | Sell |
| EMA (100) | 88.19 | Sell |
| SMA (200) | 94.13 | Sell |
| EMA (200) | 93.1 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 25.15 | Buy |
| MACD (12,26,9) | -2.01 | Sell |
| Stochastic (14,3,3) | 7.02 | Buy |
| ADX (14) | 23.85 | Neutral |
| Williams %R (14) | -93.05 | Buy |
| ATR (14) | 3.17 | High Volatility |
| ROC (12) | -14.56 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 25.59 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-23 | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot](https://www.bseindia.com/xml-data/corpfiling/AttachHis/902fe891-c5f8-45dc-9c7d-974fd2051f1c.pdf) |
| 2026-02-23 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c20f1fdd-9276-44af-af10-9d234bf8fef5.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c63b8317-050b-4b33-8cb9-0cdbdb5ac362.pdf) |
| 2026-02-12 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e4fb891-2bdd-497f-97ed-e94d4b3a1aa1.pdf) |
| 2026-02-11 | [Un-Audited Financial Results For The Quarter Ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/baa54f99-f5e1-41f7-9050-595c7965eeb2.pdf) |
| 2026-02-11 | [Board Meeting Outcome for Un-Audited Financial Results For Quarter Ended December 31, 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/77047d20-75df-4340-9c5a-1fe7ee8ab781.pdf) |
| 2026-02-11 | [Compliance Certificate](https://www.bseindia.com/xml-data/corpfiling/AttachHis/33da14ef-ede7-4de9-9898-f4ae02437a0d.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e960953c-704d-4fff-9fbb-d91027b13b95.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cff56742-1e05-45f9-a786-b598081c134f.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0094335e-4103-4cb2-abc6-c21f836205f3.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/532173/75529532173.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/532173/69709532173.pdf) |
| 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/532173/66483532173_08_09_20.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/532173/5321730319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/532173/5321730318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/532173/5321730317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/532173/5321730316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1e4fb891-2bdd-497f-97ed-e94d4b3a1aa1.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/50dcfbfa-1eb2-464a-a535-85c12b1cf471.pdf) |
| Jul 2025 | [Concall - Jul 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0096e07c-025e-45dc-b286-661f235b5d84.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8778cd89-2e3f-4486-95af-efdb26e5fa55.pdf) |
| Jan 2025 | [Concall - Jan 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/15c45139-e597-4ab5-8df3-995e0ee9b57a.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0ed823c6-9c91-408e-959d-ae64b01ca427.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/11a2c792-3bc7-4d50-91ea-378897ca63c4.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3995bfcd-5f41-4846-9a6d-d9c52027aad7.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/402116b2-9b9a-43b6-9043-14dc910df434.pdf) |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6dd8cd6e-1cce-4c19-a045-b5fdb6eefb20.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2021-11-23 | Credit rating update — India Ratings |
| 2020-09-10 | Credit rating update — India Ratings |
| 2019-07-26 | Credit rating update — India Ratings |
| 2018-06-27 | Credit rating update — India Ratings |
| 2017-05-19 | Credit rating update — India Ratings |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:05.794Z.