COMPANY REVIEW – IOCL

The Energy of India

Presented By :
Abhas Awasthi
Harpreet Singh
Santosh Kumar
Dipak Agarwal
Shwetank Choudhary

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IOCL – An Overview
 India’s largest commercial enterprise and flagship national oil company and downstream petroleum major.

 India’s largest commercial enterprise, ranking 125th on the Fortune Global 500 list in 2010.

 Revenues of Rs. 2,71,000 crore in 2009 – 2010.

 Manpower – 34,494

 Chairman – Ranbir Singh Butola

Important Milestones
1958 – India Refineries Ltd. Established.
1959 – Indian Oil Company comes into existence.
1964 – Indian refineries & Indian oil company merges to form the Indian oil corporation.
1981 – Half of India’s 12 refineries are operated by Indian oil.

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VISION & VALUES

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OBJECTIVES & OBLIGATIONS
Objectives Obligations
 To serve the national interest in oil and related  Towards customer and dealers: To provide service
sector. and quality product at competitive price .

 To  Towards suppliers: To ensure prompt dealing with

further enhance marketing infrastructure and
reseller network for providing assured service. integrity, impartiality, and courtesy.

 Towards employees: To develop their capabilities and

 To enhance the country’s self-sufficiency in crude
facilitate their advancement through appropriate
oil refining and build expertise in laying of crude oil
training and career planning.
and petroleum product pipelines.
 Towards community: To develop techno-
 Tocreate a strong R&D base in refinery processes, economically viable and environment-friendly product.
pipeline transportation, & alternative fuel.
 Towards Defence service: To maintain adequate supplier
 Toensure adequate return on the capital employed to defence and Other Para-Military service during
and maintain a reasonable annual dividend on equity normal as well as during situation
capital.
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GROUP COMPANIES & JOINT VENTURES

Group Companies Joint Ventures

 Chennai Petroleum Corporation Limited  Avi-Oil India Pvt. Ltd

 Green Gas Ltd
 Indian Oil (Mauritius) Ltd.  Indo cat pvt.ltd
 Lot infrastructure energy services Ltd
 Lanka IOC PLC  Indian Oil Petronas Pvt. Ltd.
 Indian Oil Sky tanking Ltd
 IOC Middle East FZE  Lubrizol India pvt.ltd
 Petro net LNG Ltd.
 Indian oil- CREDA Biofuels Limited  Petro net India Ltd.
(Plantation of Jatropha and extraction of  Petro net VK Ltd
oil for Bio-diesel)
 Suntera Nigeria 205 limited
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 BUSINESS
Products
Services
 Indian Gas
 Auto Gas
 Natural Gas Refining
 Petrol/Gasoline
 Diesel/Gas Oil Pipelines
 ATF/Jet Fuel
Marketing
Servo Lubricants & Grease
 Kerosene Research & Development
 Bitumen
 Petrochemical Training
 Crude Oil
Branded Services (Kisan
 Marine Fuel & Lubricant
 Branded Fuel (Xtra Premium Petrol & Xtra Seva Kendra & Xtra Care
Mile Diesel)
 Special Products (Benzene, CBFS) Outlets)
 Bulk Industrial Fuels

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REFINIRIES & PIPELINES NETWORK

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Guwahati Barauni
Bongaigaon

Haldia Mathura Digboi

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MARKETING – A National Wide Reach
About
 35,000 touch points (55% of industry)

Cross
 country retail network comprising of
18,643 (47%) outlets

2,947
 Kisan Seva Kendras

LPG
 supply to over 56 million households with
5,096 (53%) LPG distributorship

Reaching
 the doors of bulk customers : Bulk
Consumer Pumps 7,593 (89%)

Market
 Leader – dominant domestic market
share (petroleum products): 46%

Source: Industry Data of IOCL (as on FYE 2010 )

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R&D – Providing The Cutting Edge

 Indian Oil’s world class R&D Centre was established in 1972 at Faridabad, Haryana.

 Lube formulations –181 developed, 147 commercialized, 65 approvals obtained from

user Industries / OEMs

 MoU signed with (i) NREL, USA & (ii) Honeywell, USA, and with leading academic
institutions like IITs, Deakin University-Australia, TERI.

 Patents Active –229, Commercialized (India) –32

India USA Others Total Lubes Refinery Others Total
104 51 74 229 44 85 100 229

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 INITIATIVES
 Its Mission statement: "…to help enrich the quality of life of the community and preserve ecological balance and heritage through
a strong environment conscience”.

 In the past four decades, Indian Oil has supported innumerable social and community initiatives in India.

 Indian Oil has entered into a Memorandum of Understanding (MoU) with Transparency International India (TII) in January
2008 for maintaining integrity in its operations.

Environment
 Green fuels (petrol and diesel) conforming to Euro-III emission
norms have already been introduced in 13 cities / states; the rest of the country is getting BS-II fuels.

 Invested about Rs. 7,000 crores so far in green fuel projects at its refineries; ongoing projects account for a further Rs. 5,000
crores.

 The R&D Centre of Indian Oil is engaged in the formulations of eco-friendly biodegradable lubes.

 The Centre has been certified under ISO-14000:1996 for environment management systems.
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“CSR – A Cornerstone of Our Enduring Success”
 Every year, Indian Oil sets aside a fixed portion of its
profits for spreading smiles in millions of lives across
the country through a comprehensive community welfare
and development program.

 Aspart of its environment-protection initiatives, Indian Oil has invested close to Rs.
7,000 crores in state-of-the-art technologies.

 Awardsscholarships to meritorious student across the country under the "Indian Oil
Educational Scholarships Scheme”.

 Awards “Indian Oil Sports Scholarships” to promising young players.

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Share Holding Pattern, Stock Prices & Awards
No. of Shares – 242,79,52,482
Shares %  No. of Shareholders – 2,21,738

Promoters Stock Prices :

(Central  BSE – Rs. 333.55 (-1.95)
15.17 govt. / State
 NSE – Rs. 335.90 (+0.25)
govts.)
5.91 (As on Friday, April 08, 2011)
Institutional
78.92 Investors
Non- Awards :
institutional The Corpoartion has won a number of awards
Investors like, Customer Brand & Loyalty Award,
National Award for Innovative Training
Practices, Master Brand Award 2010 for
SERVO, SAP ACE Awards 2010, & many
more.
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Financial Analysis – Strong Results Against Odds

Turnover Net Profit

(Rs. Thousand Crore) (Rs. Thousand Crore)
300 285 12
271
10.22
247
250 10
221
Turnover (Rs.
200 183 Thousand Crore) 8 7.5
Net Profit (Rs.
6.9
Linear (Turnover (Rs. Thousand Crore)
Thousand Crore))
150 6
4.92

100 4
2.95

50 2

0 0
FY 06 FY 07 FY 08 FY 09 FY 10 FY 06 FY 07 FY 08 FY 09 FY 10

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FINANCIAL RESULTS (Indian_Oil_Corporation_Ltd_100211.pdf) (in Rs. Crore)

Particulars Quarter Ended Quarter Ended NineMonths NineMonths

31.12.2010 31.12.2009 Ended Ended
(Unaudited) (Unaudited) 31.12.2010 31.12.2009
(Unaudited) (Unaudited)
Turnover 82,179.17 70,430.73 2,34,901. 73 1,99,222.66
Subsidy + 4,28.09 4,18.41 1,235.87 1,198.77
Grant from + + + +
Govt. of India 4,442.45 44,82.49 11,662.40 4,482.49
Total 78,783.38 70,177.77 22,5971.61 18,6254.54
Expenditure
Net Profit 1,634.76 6,96.56 3,540.32 4,663.78
Earnings per
Share (Face 6.73 2.87 14.58 19.21
Value = Rs. 10
each)

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Major Ongoing Projects (As on 28th February, 2011)

Project Name Project Cost Estimated

(Rs. Crore) Commissioning
RESIDUE UPGRADATION AND MS/HSD QUALITY IMPROVEMENT
PROJECT AT GUJARAT REFINERY 6,898 March 2011
DIESEL HYDRO-TREATMENT (DHDT) PROJECT AT BONGAIGAON
REFINERY (ASSAM) 1,646.39 April 2011
MS QUALITY UPGRADATION PROJECT AT BONGAIGAON REFINERY
(ASSAM) 293.60 May 2011
CONSTRUCTION OF TANKS AND BLENDING FACILITY AT VADINAR (5
X 85000 KL) 267 August 2011
BRANCH PIPELINE FROM KSPL, VIRAMGAM TO KANDLA 349 December 2011
GRASSROOTS REFINERY PROJECT AT PARADIP (ORISSA) 29,777 Mar – Nov 2012
INTEGRATED CRUDE OIL HANDLING FACILITIES AT PARADIP 1,492.33 June 2012
PARADIP-NEW SAMBALPUR-RAIPUR-RANCHI PIPELINES 1,793.60 September 2012
BUTADIENE EXTRACTION UNIT AT PANIPAT
341.5 December 2012
REVAMP OF FCC UNIT AT MATHURA
1,000 January 2013
DE-BOTTLENECKING OF SALAYA-MATHURA CRUDE PIPLEINE 1,584 August 2013
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 COMPETITORS
 Indian oil corporation has two major
domestic competitors Bahart
Petroleum and Hindustan
Petroleum both are state controlled
like Indian oil corporation.

 There are two private competitors

Reliance Petroleum and Essar Oil.
Other competitors coming faster.
Source: Petroleum Planning & Analysis Cell ,
IOCL

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SPREADING WINGS….
 Petrochemical plants at Gujarat, Panipat, and Bongaigaon
[Petrochemical Turnover: Rs. 2,760 crore(FYE 2009)]

 Entered into Exploration business, both in domestic and

international market.

 IOCL has entered into an MOU with Nuclear Power Corporation

of India to establish a 1500-2000 MW nuclear power plant.

 Commissioned 21MW Wind Power Plant at Kachchh, Gujarat in January, 2009

 Joint Venture with Chhattisgarh Renewable Energy Development Agency for plantation of Jatropha.

 Jatropha Plantation initiated in Jhabua District of MP; Agreement with Ruhi Soya for Jatropha Plantation
in UP.

 2 Pilot solar charging stations commissioned in Uttar Pradesh in August & September 2008

 First commercial solar charging station commissioned in Orissa in December 2009

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REFERENCES
http://www.iocl.com/
http://en.wikipedia.org/wiki/Indian_Oil_Corporation

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THANK YOU

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