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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 greases. The company formed subsidiaries 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 Scope Complex, Core-2, Institutional Area, Lodhi Road, New Delhi, 110003


Telephone 91 22 26427363

No of Employees 31,254

Industry Energy and Utilities

Ticker Symbol & Exchange IOC (NSE)

Revenue (2023) $99.8B 41.6% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX 16% (2023 vs 2022)

Market Cap* $13.8B

Net Profit Margin (2023) XXX -18.0% (2023 vs 2022)

* As of and is in US$

Access premium data and analytics for Indian Oil Corp Ltd

310+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Indian Oil Corp Ltd.

70+

Petrochemical Plants

Access comprehensive information on global active, upcoming , decommissioned, and cancelled petrochemical complexes/plants.

60+

Power Plants

Access key information on power plants and upcoming projects for Indian Oil Corp Ltd. View Information by various power generating sources, project demographics, commercial and technical information.

40+

Midstream

Midstream database provides details on global active, upcoming , decommissioned, and cancelled oil & gas pipelines, LNG regasification and liquefaction terminals, liquid storage terminals, underground gas storage facilities, and gas processing plants.

30+

Upstream

Access comprehensive data and analysis of global upstream assets. This includes key information on fields, wells and blocks. It covers key commercial, geological, and technical attributes of assets and analysis of developments.

10+

Downstream

View detailed information on global active, upcoming , decommissioned, and cancelled crude oil refineries, heavy oil upgraders and condensate splitters.

8

Smart Grid

Tracks all upcoming smart grid projects across the globe. It provides detailed information about advanced grid & IT infrastructure, microgrid, automation and other smart infrastructure projects.

50+

Install Base

Install Base provides a holistic and a granular view of the IT product/service deployments from leading vendors. Explore IT infrastructure categories, solution and product/service areas deployed by a prospect.

4

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Indian Oil Corp Ltd (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

IT Software Contracts

Improve competitive bidding with insight into all publicly disclosed IT software contracts by IT solutions areas for Indian Oil Corp Ltd (including Enterprise applications, IT Security, Information Management, Cloud Computing, IoT and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Indian Oil Corp Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

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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
XXX XXX XXX
XXX XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Financing Agreements In January, the company invested INR2,200 crore for various projects in Tamil Nadu, India.
2023 Contracts/Agreements In January, the company signed a memorandum of understanding with Tezpur University for the promotion of compressed biogas in the North East.
2022 Financing Agreements In December, the company invested INR611 crore to set up petroleum terminal in Malkapur, near Hyderabad.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Get Started
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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 Deharadun Nagpur Mumbai
No. of Employees 31,254 342,982 27,165 8,594 9,065
Entity Type Public Public Public Public Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Shrikant Madhav Vaidya Chairman Executive Board 2020 59
Anant Kumar Singh Chief vigilance officer Senior Management - -
Sukla Mistry Director - Refineries Executive Board 2022 -
Ranjan Kumar Mohapatra Director - Human Resources Executive Board 2018 58
G. K. Satish Director - Planning & Business Development Executive Board - 61
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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