8. OBJECTIVES
To serve the national interests.
To ensure maintenance smooth supplies of petroleum
products.
To enhance the country's self-sufficiency.
To create a strong research & development.
To maximize utilization of resources.
9. FINANCIAL OBJECTIVES
To ensure adequate return on the capital employed and
maintain a reasonable annual dividend on equity capital.
To ensure maximum economy in expenditure.
To reduce the cost of production of petroleum products by
means of systematic cost control measures and thereby
sustain market leadership through cost competitiveness.
10. Operating Structure
Downstream & Petrochemical Operations
Refining Pipeline
Transportation
Fuel Marketing Research &
Development
Petrochemicals
....also diversified into E&P, Gas, Wind, Solar, Nuclear Power and Bio-fuels
12. GROUP COMPANIES
•Storage, terminaling and retail business
•157 retail outlets
•1/3rdshare in Ceylon Petroleum Storage Terminals Ltd
•Listed on Colombo Stock Exchange.
13. •IndianOil (Mauritius) Ltd (IOML), a wholly owned
subsidiary company of Indian Oil Corporation Ltd, is the
third largest petroleum company in Mauritius.
•Aviation, terminaling and retail
•Leader in aviation
•24,000 Metric Ton capacity storage Terminal at Port
Louis
•18 retail outlets
14. Marketing of SERVO lube &
petroleum products in Middle
East, Africa and CIS countries.
•Exports finished lubes to
Oman, Yemen , Bahrain, UAE
and Nepal
15. Chennai Petroleum Corporation Limited
(CPCL) is a world class Refining Company
with dominant presence in South India.
CPCL, formerly known as Madras
Refineries Limited (MRL), was formed in
1965 as a joint venture between the
Government of India (GOI), and National
Iranian Oil Company (NIOC).
16. Green Energy from Rural India’ a dream for clean
fuel took shape on 6th February, 2009 when the JV,
IndianOil-CREDA Biofuels Ltd. (ICBL) was
incorporated for entering the biofuels value chain
in the state of Chhattisgarh. IndianOil and
Chhattisgarh Renewable Energy Development
Agency (CREDA), the nodal agency in
Chhattisgarh for promoting renewable energy
projects, hold 74 per cent and 26 per cent equity,
respectively in this JVC
18. Marketing
• Market leader with 46% market
share and 52% market share in
terms of infrastructure
• 45% of the total volume from retail
sales; highway RO business accounts
for more than 50% of the retail
business.
• Indian Oil's share in the highly
competitive lube market increased to
30.8%.
• With the launch of brand Servo in
Bahrain, the brand has now
presence in 20 countries.
• Indian Oil Aviation Service, with
61.8% market share, maintained its
leadership position in the business. Highest ever sales of MMT
76.23
67.9
71.4 72.49
5
4.3 3.74
FY11 FY12 FY13
Inland(MMT) Export(MMT)
21. Total Expenditure and Total
Income
288153.81
277756.07
336866.71
401675.68
461779.2
284894.85
263566.39
327697.14
390492.34
444969.7
FY09
FY10
FY11
FY12
FY13
Total Expenditure(In Cr) Total Income(In Cr)
22. Expenditure 2013 (In Cr)
Manufacturing
Expenses,
7071.91
Material
Consumed,
404198.23
Administrative
Expenses,
14818.15
35. Why to invest?
The income from operations for the financial
year 2012-13 rose by 12% to Rs. 447096 cr
from Rs. 398477 cr in 2011-12. Indian Oil
Corporation posted a profit of Rs. 5,005 cr for
the financial year 2012-13 as compared to a
profit of Rs. 3,955 cr in the last fiscal year.
36. Future Projects
Indian Oil Corporation (IOC) will invest
about Rs. 8,000 crore to expand capacity
at Koyali oil refinery in Gujarat to 18 million
tonnes per annum by 2016-17
It is also looking at expanding its Haldia
refinery capacity to 8 million tonnes from
7.5 million tonnes.
It is also building a 15 million tonne new
refinery at Paradip in Orissa by 2015-16.
37. Corporate Social Responsibility
Health & Medical Care: IndianOil Sachal
Swasthya Seva, IndianOil-TATA Care Centre -
Kolkata etc.
Education: Assam Oil School of Nursing,
IndianOil Sports Scholarship Scheme etc.
IndianOil Foundation: Preserves and promote
the national heritage in collaboration with GOI
LPG Scheme: One-time grant to below poverty
line (BPL) families for release of new LPG
connection
National Cause/Natural calamities: Provide aid
and relief to the victims of natural calamities.
38. Conclusion
IOC is one of the most leading company
in India dealing in petrochemical and
products.
Though it has seen downfall in past
couple of years it has still shown a
constant growth in the market.
It is also coming up with new projects,
and a substantial growth is expected till
2017.
