Company Facts
Presentation
BY: PRANEETH SISTA
ROLL.NO: 28-092
IOCL (Indian Oil Corporation Limited)
Location details
Registered office: IndianOil
Bhavan, G-9, Ali Yavar Jung
Marg, Bandra (East), Mumbai
-400 051
Corporate office: 3079/3,
Sadiq Nagar, J B Tito Marg,
New Delhi - 110 049
Refineries division Head
Office: SCOPE Complex, Core-
27, Institutional Area, Lodhi
Road, New Delhi -110003
Pipelines division Head
Office: IndianOil Bhavan, A-1
Udyog Marg,Sector-1, Noida-
201301(Uttar Pradesh)
Marketing division Head
Office: IndianOil Bhavan, G-9,
Ali Yavar Jung Marg, Bandra
(East), Mumbai -400 051
R&D Centre: Sector 13
Faridabad -121 007 (Haryana)
IBP division: 34-A, Nirmal
Chandra Street, Kolkata - 700
013
Nature of Business and Industry Segment
Indian Oil Corporation Ltd (IOCL) is India's flagship national
oil company with business interests straddling the entire
hydrocarbon value chain - from refining, pipeline transportation and
marketing of petroleum products to exploration & production of
crude oil & gas, marketing of natural gas and petrochemicals.
Sector: REFINERIES
History
Year Milestone
1958 Indian Refineries established on 22nd August with Mr. Feroz Shah Gandhi as Chairman
1959 Indian Oil Company Ltd. Incorporated on 30th June with Mr.S.Nijalingappa as Chairman
1962 Guwahati and Barauni refinery are inaugurated along with First petrol/diesel station in
Gujarat.
1963 Indian Oil Blending Ltd. (IOBL) formed as a 50:50 joint venture with Mobil Petroleum of
USA for import/manufacture of lubricants.
1964 Indian Refineries Ltd. Merged with Indian Oil Company Ltd. On 1st Sept and company
renamed as Indian Oil Corporation Limited & First petroleum pipeline is commissioned
& Entered the aviation sector.
1965 ‘Indane' brand LPG launched for the first time in the country at Kolkata.
1972 SERVO, the first indigenous lubricant, launched
1977 Fuel-efficient Nutan kerosene wick stove launched by R&D Centre.
History
Year Milestone
1981 Assam Oil Company is merged into IOCL.
1995 Listed in BSE and Institute of Petroleum Management inaugurated in Gurgaon.
1999 Vision and Mission statements adopted and continuously supported Indian Army
during Kargil War.
2008 & 2009 IOCL chairman elected as President of world LPG and new vision with values
adopted.
2010 Awarded ‘MAHARATNA’ status by Government of INDIA
2016 Signed agreement with Tass-Yuriakh Oil Refinery
2018 The company approves buyback worth Rs 4,435 crore (US$ 634.57 million)
Remains the country's most profitable state-run company for second year in a
row
Company
VISION
A major, diversified, transnational,
integrated energy company, with national
leadership and a strong environment
conscience, playing a national role in oil
security & public distribution
Values: Care Innovation Passion Trust
Company MISSION
To achieve international standards of excellence in all aspects of energy and diversified business with
focus on customer delight through value of products and services, and cost reduction
To maximize creation of wealth, value and satisfaction for the stakeholders
To attain leadership in developing, adopting and assimilating state of-the-art technology for
competitive advantage
To provide technology and services through sustained Research and Development
To foster a culture of participation and innovation for employee growth and contribution
To cultivate high standards of business ethics and Total Quality Management for a strong corporate identity and
brand equity
To help enrich the quality of life of the community and preserve ecological balance and heritage through a strong
environment conscience
Brief summary on Chairman Note
Indian oil registered highest turnover of over Rs.6 lakh crore for the year and earned a profit of
Rs.16,894crore
All the 27,700 fuel stations of our retail network have been fully automated.
With 116 aviation fuel stations, IndainOil aviation continued to lead rapidly growing market with
60% share.
“ The global energy eco system today is being impacted by multiple factors.
Impact from emerging technologies like EVs and renewable energy forms is
likely, though may not be of immediate concern in India.”
Promoter’s Information
Promoter President of INDIA
Quantity Held 4,848,133,178
Holding Percent 51.50%
Holding Value (Rs.) 72091.7 Cr
Stocks as on 8th November 2019
BSE: 530965
NSE: IOC
ISIN: INE242A01010
Dividend: 92.50%
P/E: 11.54
Market Capital: 126,714.58 (Rs Cr.)
Face Value: Rs.10.00
Share Holding as on 6th November 2019
52%
7%
7%
9%
27%
0%
Promoter
MF
FII
Other Institutions
Individual
Others
Share Holding
Promoter Sep-19 Jun-19 Mar-19 Feb-19 Dec-18
Foreign 0.00% 0.00% 0.00% 0.00% 0.00%
Indian 51.51% 52.18% 52.18% 53.88% 54.06%
Total Promoter 51.51% 52.18% 52.18% 53.88% 54.06%
Non-Promoter Sep-19 Jun-19 Mar-19 Feb-19 Dec-18
Institutions 21.59% 20.91% 20.87% 18.88% 19.18%
Non-Institutions 26.90% 26.91% 26.95% 27.24% 26.76%
Total Non-Promoter 48.49% 47.82% 47.82% 46.12% 45.94%
Custodian 0.00% 0.00% 0.00% 0.00% 0.00%
Total 100.00% 100.00% 100.00% 100.00% 100.00%
IOCL Subsidiaries
Indian Subsidiaries
Chennai Petroleum Corporation
Limited
Indian Catalyst Private Limited
Foreign Subsidiaries
IndianOil (Mauritius) Ltd. Mauritius
Lanka IOC PLC,Sri Lanka
IOC Middle East FZE, UAE
IOC Sweden AB, Sweden
IOCL (USA) Inc., USA
IndOil Global B.V. Netherlands
IOCL Singapore Pte. Ltd.
Organization Structure
CHAIRMAN
(Sanjiv
Singh)
Board of Directors
Executive Director
General Manager
DGM
Chief Manager
Senior Manager
Managers
Deputy Managers
Senior Engineer/ Officers
Engineer/ Officer
Organization Heads
Sanjiv Singh, Chairman
G K Satish (Planning & Business
Development)
Dr. SSV Ramakumar (R&D)
Ranjan Kumar Mohapatra (HR)
Gurmeet Singh (Marketing)
Akshay Kumar Singh (Pipelines)
Sandeep Kumar Gupta (Finance)
Competitor
companies
or Peer
group
Products
Indane Gas
Auto Gas
Natural Gas
Petrol/ Gasoline
Diesel/ Gas Oil
ATF/ Jet Fuel
SERVO Lubricants & Greases
Marine Fuels & Lubricants
Kerosene
Bulk/ Industrial Fuels
Bitumen
Petro Chemicals
Crude Oil
Special Products
Services
Refining
Pipelines
Marketing
Technology Licensing
Training
Special Products
Benzene
CBFS
Food Grade Hexane
Jute Batching oil
Mineral Turpentine Oil
Paraffine Wax
Propylene
Raw Petroleum Coke
Sulphur
Balance Sheet
AS PER IND-AS
2018-19 2017-18 2016-17 2015-16
(INR in Crore)
Share Capital 9,181 9,479 4,739 2,370
Non-Current Liabilities 3,098 3,912 4,101 20,543
Current Liabilities 1,01,769 96,610 93,748 52,087
Non-Current Assets 6,270 9,029 7,987 6,900
Current Assets 1,15,541 94,657 85,299 63,595
Earnings per share 17.89 22.52 20.16 11.86
0
5,000
10,000
15,000
20,000
25,000
2015-16 2016-17 2017-18 2018-19
Non-Current Liabilities
0
20,000
40,000
60,000
80,000
100,000
120,000
2015-16 2016-17 2017-18 2018-19
Current Liabilities
0
2,000
4,000
6,000
8,000
10,000
2015-16 2016-17 2017-18 2018-19
Non-Current Assets
0
20,000
40,000
60,000
80,000
100,000
120,000
140,000
2015-16 2016-17 2017-18 2018-19
Current Assets
Profit & Loss
AS PER IND-AS
2018-19 2017-18 2016-17 2015-16
(INR in Crore)
Revenue From Operations 6,05,924 5,06,428 4,45,442 4,06,828
EBITDA 36,952 43,114 35,989 23,371
EBIT 29,438 36,047 29,766 18,552
PBT 25,127 32,564 26,321 16,826
PAT 16,894 21,346 19,106 11,242
0
100,000
200,000
300,000
400,000
500,000
600,000
700,000
2015-16 2016-17 2017-18 2018-19
Revenue
0
5,000
10,000
15,000
20,000
25,000
2015-16 2016-17 2017-18 2018-19
PAT
Awards
Year Award Category
30/05/2018 Dun & Bradstreet Oil- Refining & Marketing
31/07/2018 Hindustan Ratna PSU awards Fastest Growing Maharatna
05/10/2018 IndiaChem Company of the Year
26/12/2018 Fortune India 500 No.1 Position (9th Time)
08/04/2019 AIMA Managing India Awards Outstanding PSU of the Year
04/06/2019 Innovative Practice Awards 1st Amongst PSUs
26/06/2019 Reader’s Digest Trusted Brands Most Trusted Fuel & Lubricant
25/07/2019 Fortune 500 Climbs 20 Positions to rank 117
Corporate
Social
Responsibility
IndianOil VIDUSHI centers opened at Bhubaneshwar
and Noida last year to offer free coaching to young
girls from under privileged families has been a big
success.
IndianOil support towards Swachh Bharat Abhiyan.
During the Swachhta Pakhwada in July 2019, teams
from various locations helped clean and rejuvenate
over 35 water bodies across the country.
IndianOil’s countrywide network has always ensured
that vital petroleum products reach remote locations
for undertaking relief & rescue operations. Recently
too, IndianOil team toiled to maintain supply line in
the flood affected area states of Maharashtra,
Gujarat, Kerala and Andhra Pradesh an d to ensure
timely fuel supplies to flood relief agencies.
Strengths
Indian Oil has petroleum
products, fuels,
lubricants,
petrochemicals etc
Huge distribution
network through
retailing makes Indian
Oil a popular brand
name
IOCL's pipeline in India
spans more than
11,000km making it one
of the largest globally
Strong branding and
marketing exercises
through TVC,
sponsorships, print,
online ads etc. make
Indian Oil a top brand
Weakness Opportunities Threat
1. High attrition rate in work
force.
2.Bureaucracy affects the
operations of a government
controlled company like
IOCL
1. IOCL can tap on increasing
demand and higher fuel/oil
prices
2. Increasing natural gas
market for industries and
transportation
3. Global expansion with tie-
ups with international oil
companies
4. Acquisition of smaller
companies can further
strengthen the position of IOCL
1. Government
regulations can slow
down business
2. High Competition
means limited market
share for IOCL
3. NGOs and
environment focused
companies can be an
obstacle in business
Additional Information
◦ Human Capital:
33,498 workforce with 8.56% women in workforce
◦ Intellectual:
Total active patents: 790 and Rs. 437.34crore as R&D expenditure
◦ Natural Capital:
388GWh renewable energy generated during 2018-19
◦ Partner Institutes:
IIMA,IIMB,IIMC,IIMI,IIMK,IIML,IIMS,XLRI & TISS
Source data
Money Control
https://www.moneycontrol.com/india/stockpricequote/refineries/indianoilcorporation/IOC
Annual Report of IOCL
https://www.iocl.com/AboutUs/FinancialPerformance.aspx
Goodreturns
https://www.goodreturns.in/company/indian-oil-corporation/history.html
IOCL Facts

IOCL Facts

  • 1.
  • 2.
    IOCL (Indian OilCorporation Limited)
  • 3.
    Location details Registered office:IndianOil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai -400 051 Corporate office: 3079/3, Sadiq Nagar, J B Tito Marg, New Delhi - 110 049 Refineries division Head Office: SCOPE Complex, Core- 27, Institutional Area, Lodhi Road, New Delhi -110003 Pipelines division Head Office: IndianOil Bhavan, A-1 Udyog Marg,Sector-1, Noida- 201301(Uttar Pradesh) Marketing division Head Office: IndianOil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai -400 051 R&D Centre: Sector 13 Faridabad -121 007 (Haryana) IBP division: 34-A, Nirmal Chandra Street, Kolkata - 700 013
  • 4.
    Nature of Businessand Industry Segment Indian Oil Corporation Ltd (IOCL) is India's flagship national oil company with business interests straddling the entire hydrocarbon value chain - from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals. Sector: REFINERIES
  • 5.
    History Year Milestone 1958 IndianRefineries established on 22nd August with Mr. Feroz Shah Gandhi as Chairman 1959 Indian Oil Company Ltd. Incorporated on 30th June with Mr.S.Nijalingappa as Chairman 1962 Guwahati and Barauni refinery are inaugurated along with First petrol/diesel station in Gujarat. 1963 Indian Oil Blending Ltd. (IOBL) formed as a 50:50 joint venture with Mobil Petroleum of USA for import/manufacture of lubricants. 1964 Indian Refineries Ltd. Merged with Indian Oil Company Ltd. On 1st Sept and company renamed as Indian Oil Corporation Limited & First petroleum pipeline is commissioned & Entered the aviation sector. 1965 ‘Indane' brand LPG launched for the first time in the country at Kolkata. 1972 SERVO, the first indigenous lubricant, launched 1977 Fuel-efficient Nutan kerosene wick stove launched by R&D Centre.
  • 6.
    History Year Milestone 1981 AssamOil Company is merged into IOCL. 1995 Listed in BSE and Institute of Petroleum Management inaugurated in Gurgaon. 1999 Vision and Mission statements adopted and continuously supported Indian Army during Kargil War. 2008 & 2009 IOCL chairman elected as President of world LPG and new vision with values adopted. 2010 Awarded ‘MAHARATNA’ status by Government of INDIA 2016 Signed agreement with Tass-Yuriakh Oil Refinery 2018 The company approves buyback worth Rs 4,435 crore (US$ 634.57 million) Remains the country's most profitable state-run company for second year in a row
  • 7.
    Company VISION A major, diversified,transnational, integrated energy company, with national leadership and a strong environment conscience, playing a national role in oil security & public distribution Values: Care Innovation Passion Trust
  • 8.
    Company MISSION To achieveinternational standards of excellence in all aspects of energy and diversified business with focus on customer delight through value of products and services, and cost reduction To maximize creation of wealth, value and satisfaction for the stakeholders To attain leadership in developing, adopting and assimilating state of-the-art technology for competitive advantage To provide technology and services through sustained Research and Development To foster a culture of participation and innovation for employee growth and contribution To cultivate high standards of business ethics and Total Quality Management for a strong corporate identity and brand equity To help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience
  • 9.
    Brief summary onChairman Note Indian oil registered highest turnover of over Rs.6 lakh crore for the year and earned a profit of Rs.16,894crore All the 27,700 fuel stations of our retail network have been fully automated. With 116 aviation fuel stations, IndainOil aviation continued to lead rapidly growing market with 60% share. “ The global energy eco system today is being impacted by multiple factors. Impact from emerging technologies like EVs and renewable energy forms is likely, though may not be of immediate concern in India.”
  • 10.
    Promoter’s Information Promoter Presidentof INDIA Quantity Held 4,848,133,178 Holding Percent 51.50% Holding Value (Rs.) 72091.7 Cr
  • 11.
    Stocks as on8th November 2019 BSE: 530965 NSE: IOC ISIN: INE242A01010 Dividend: 92.50% P/E: 11.54 Market Capital: 126,714.58 (Rs Cr.) Face Value: Rs.10.00
  • 12.
    Share Holding ason 6th November 2019 52% 7% 7% 9% 27% 0% Promoter MF FII Other Institutions Individual Others
  • 13.
    Share Holding Promoter Sep-19Jun-19 Mar-19 Feb-19 Dec-18 Foreign 0.00% 0.00% 0.00% 0.00% 0.00% Indian 51.51% 52.18% 52.18% 53.88% 54.06% Total Promoter 51.51% 52.18% 52.18% 53.88% 54.06% Non-Promoter Sep-19 Jun-19 Mar-19 Feb-19 Dec-18 Institutions 21.59% 20.91% 20.87% 18.88% 19.18% Non-Institutions 26.90% 26.91% 26.95% 27.24% 26.76% Total Non-Promoter 48.49% 47.82% 47.82% 46.12% 45.94% Custodian 0.00% 0.00% 0.00% 0.00% 0.00% Total 100.00% 100.00% 100.00% 100.00% 100.00%
  • 14.
    IOCL Subsidiaries Indian Subsidiaries ChennaiPetroleum Corporation Limited Indian Catalyst Private Limited Foreign Subsidiaries IndianOil (Mauritius) Ltd. Mauritius Lanka IOC PLC,Sri Lanka IOC Middle East FZE, UAE IOC Sweden AB, Sweden IOCL (USA) Inc., USA IndOil Global B.V. Netherlands IOCL Singapore Pte. Ltd.
  • 15.
    Organization Structure CHAIRMAN (Sanjiv Singh) Board ofDirectors Executive Director General Manager DGM Chief Manager Senior Manager Managers Deputy Managers Senior Engineer/ Officers Engineer/ Officer
  • 16.
    Organization Heads Sanjiv Singh,Chairman G K Satish (Planning & Business Development) Dr. SSV Ramakumar (R&D) Ranjan Kumar Mohapatra (HR) Gurmeet Singh (Marketing) Akshay Kumar Singh (Pipelines) Sandeep Kumar Gupta (Finance)
  • 17.
  • 18.
    Products Indane Gas Auto Gas NaturalGas Petrol/ Gasoline Diesel/ Gas Oil ATF/ Jet Fuel SERVO Lubricants & Greases Marine Fuels & Lubricants Kerosene Bulk/ Industrial Fuels Bitumen Petro Chemicals Crude Oil Special Products Services Refining Pipelines Marketing Technology Licensing Training Special Products Benzene CBFS Food Grade Hexane Jute Batching oil Mineral Turpentine Oil Paraffine Wax Propylene Raw Petroleum Coke Sulphur
  • 19.
    Balance Sheet AS PERIND-AS 2018-19 2017-18 2016-17 2015-16 (INR in Crore) Share Capital 9,181 9,479 4,739 2,370 Non-Current Liabilities 3,098 3,912 4,101 20,543 Current Liabilities 1,01,769 96,610 93,748 52,087 Non-Current Assets 6,270 9,029 7,987 6,900 Current Assets 1,15,541 94,657 85,299 63,595 Earnings per share 17.89 22.52 20.16 11.86
  • 20.
    0 5,000 10,000 15,000 20,000 25,000 2015-16 2016-17 2017-182018-19 Non-Current Liabilities 0 20,000 40,000 60,000 80,000 100,000 120,000 2015-16 2016-17 2017-18 2018-19 Current Liabilities 0 2,000 4,000 6,000 8,000 10,000 2015-16 2016-17 2017-18 2018-19 Non-Current Assets 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 2015-16 2016-17 2017-18 2018-19 Current Assets
  • 21.
    Profit & Loss ASPER IND-AS 2018-19 2017-18 2016-17 2015-16 (INR in Crore) Revenue From Operations 6,05,924 5,06,428 4,45,442 4,06,828 EBITDA 36,952 43,114 35,989 23,371 EBIT 29,438 36,047 29,766 18,552 PBT 25,127 32,564 26,321 16,826 PAT 16,894 21,346 19,106 11,242
  • 22.
    0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 2015-16 2016-17 2017-182018-19 Revenue 0 5,000 10,000 15,000 20,000 25,000 2015-16 2016-17 2017-18 2018-19 PAT
  • 23.
    Awards Year Award Category 30/05/2018Dun & Bradstreet Oil- Refining & Marketing 31/07/2018 Hindustan Ratna PSU awards Fastest Growing Maharatna 05/10/2018 IndiaChem Company of the Year 26/12/2018 Fortune India 500 No.1 Position (9th Time) 08/04/2019 AIMA Managing India Awards Outstanding PSU of the Year 04/06/2019 Innovative Practice Awards 1st Amongst PSUs 26/06/2019 Reader’s Digest Trusted Brands Most Trusted Fuel & Lubricant 25/07/2019 Fortune 500 Climbs 20 Positions to rank 117
  • 24.
    Corporate Social Responsibility IndianOil VIDUSHI centersopened at Bhubaneshwar and Noida last year to offer free coaching to young girls from under privileged families has been a big success. IndianOil support towards Swachh Bharat Abhiyan. During the Swachhta Pakhwada in July 2019, teams from various locations helped clean and rejuvenate over 35 water bodies across the country. IndianOil’s countrywide network has always ensured that vital petroleum products reach remote locations for undertaking relief & rescue operations. Recently too, IndianOil team toiled to maintain supply line in the flood affected area states of Maharashtra, Gujarat, Kerala and Andhra Pradesh an d to ensure timely fuel supplies to flood relief agencies.
  • 25.
    Strengths Indian Oil haspetroleum products, fuels, lubricants, petrochemicals etc Huge distribution network through retailing makes Indian Oil a popular brand name IOCL's pipeline in India spans more than 11,000km making it one of the largest globally Strong branding and marketing exercises through TVC, sponsorships, print, online ads etc. make Indian Oil a top brand
  • 26.
    Weakness Opportunities Threat 1.High attrition rate in work force. 2.Bureaucracy affects the operations of a government controlled company like IOCL 1. IOCL can tap on increasing demand and higher fuel/oil prices 2. Increasing natural gas market for industries and transportation 3. Global expansion with tie- ups with international oil companies 4. Acquisition of smaller companies can further strengthen the position of IOCL 1. Government regulations can slow down business 2. High Competition means limited market share for IOCL 3. NGOs and environment focused companies can be an obstacle in business
  • 27.
    Additional Information ◦ HumanCapital: 33,498 workforce with 8.56% women in workforce ◦ Intellectual: Total active patents: 790 and Rs. 437.34crore as R&D expenditure ◦ Natural Capital: 388GWh renewable energy generated during 2018-19 ◦ Partner Institutes: IIMA,IIMB,IIMC,IIMI,IIMK,IIML,IIMS,XLRI & TISS
  • 28.
    Source data Money Control https://www.moneycontrol.com/india/stockpricequote/refineries/indianoilcorporation/IOC AnnualReport of IOCL https://www.iocl.com/AboutUs/FinancialPerformance.aspx Goodreturns https://www.goodreturns.in/company/indian-oil-corporation/history.html