Indian Oil Corp Ltd - Company Profile
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Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company conducts exploration and production of oil and natural gas, refining of crude oil, pipeline transportation and marketing of natural gas and petroleum products. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and grease. The company has operations in Sri Lanka, Mauritius, the UAE, Sweden, USA and the Netherlands. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
Headquarters
India
Address
3079/3, Sadiq Nagar, J B Tito Marg, New Delhi, 110049
Website
www.iocl.com
Telephone
91 80 02333555
No of Employees
31,095
Industry
Energy and Utilities
Ticker Symbol & Exchange
IOC (NSE)
Revenue (2022)
$121.2B
29.1%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-61%
(2022 vs 2021)
Market Cap*
$28.5B
Net Profit Margin (2022)
XYZ
-69.8%
(2022 vs 2021)
* As of and is in US$
Indian Oil Corp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Naphtha | Technical and Consultancy Services | AutoGas |
| Light Diesel Oil | Operation and Maintenance | Indane |
| Furnace Oil | Techno-economic Feasibility | Servo |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, IndianOil Over Framework announced its plans to form a joint venture with Panasonic Energy Co., Ltd. to manufacture cylindrical Lithium-ion batteries in India. |
| 2024 | Contracts/Agreements | In March, the company entered into a partnership with Zetwerk to install more than 1,400 EV fast chargers across India. |
| 2024 | Contracts/Agreements | In March, the company signed a binding term sheet with Panasonic Energy to create a joint venture. |
Competitor Comparison
| Key Parameters | Indian Oil Corp Ltd | Reliance Industries Ltd | Oil and Natural Gas Corp Ltd | Bharat Petroleum Corp Ltd | Hindustan Petroleum Corp Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Mumbai | New Delhi | Mumbai | Mumbai |
| State/Province | Delhi | Maharashtra | Uttarakhand | Maharashtra | Maharashtra |
| No. of Employees | 31,095 | 389,414 | 25,993 | 8,713 | 8,504 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Shrikant Madhav Vaidya | Chairman | Executive Board | 2020 | 59 |
| Pradip Kumar Basumatary | Chief General Manager; Head - Guwahati Refinery | Senior Management | 2024 | - |
| Anant Kumar Singh | Chief vigilance officer | Senior Management | - | - |
| Suresh Nambiar | Director - Information Systems | Executive Board | 2024 | - |
| S S V Ramakumar | Director - Research & Development | Executive Board | - | 59 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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