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
Website
www.iocl.com
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*
$13.8B
Net Profit Margin (2023)
XXX
-18.0%
(2023 vs 2022)
* As of and is in US$
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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 |
| XXX | XXX | XXX |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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