India’s Top PSUs 2019

India’s Top PSUs 2019 Advertorial 23 Indian Oil Corporation Limited About the company With a 33,000-plus work-force, extensive refining, distribution & marketing infrastructure and advanced R&D facilities, IndianOil plays a significant role in fuelling the socio-economic development of the country through its ever- expanding network of over 50,000 customer touch-points. Business Operations IndianOil is engaged in the business of refining, transportation and marketing of petroleum products. The Company has over the years expanded its operations across the hydrocarbon value chain - upstream into oil & gas exploration & production and downstream into petrochemicals, besides diversifying into natural gas and alternative energy resources. IndianOil refineries excelled in all major physical parameters and achieved a record combined crude oil throughput of 71.9 MMT during 2018-19. IndianOil refineries are currently implementing BS-VI upgradation projects to meet the April 2020 target for supply of BS-VI fuels across the country. During 2018-19, IndianOil’s crude oil & product pipelines clocked the highest ever combined throughput of 88.5 MMT. The 14,231-km pipelines network provides immense competitive advantage to the Corporation in the new era of digitally-aided logistics. Other than IndianOil’s City Gas Distribution (CGD) projects & those with JV partners, 17 pipeline projects of the Corporation with a combined capex of about ` 24,000 Crore are in various stages of implementation. IndianOil completed automation of its 27,700-strong fuel stations network during the year to enhance Q&Q (quality & quantity) assurance to its customers. IndianOil accounts for nearly half of the market share for LPG cooking gas in the country, and has been extending the reach of its Indane Superbrand to more households every year. Leading the push for clean energy, the Corporation released more than 2.1 crore new LPG connections, the highest ever in a year, during 2018-19, raising the Indane customer base to over 14.8 crore households. IndianOil’s IP (Intellectual Property) portfolio currently comprises 794 active patents, of which 542 patents were granted abroad and 252 in India. IndianOil sold 2.7 MMT in petrochemicals during 2018-19, registering 11.8% growth. Backed by world-scale plants and world-class technology, IndianOil’s PROPEL brand of petrochemicals cover over 80% of all conceivable applications in plastics, and are exported to over 70 countries. IndianOil currently has participating interest (PI) in 10 domestic and 12 overseas E&P assets spread across 10 countries, i.e., Canada, USA, Russia, Venezuela, Abu Dhabi, Oman, Libya, Nigeria, Gabon and Israel. Besides reaching essential fuels to every nook and corner of the nation, IndianOil has been actively engaged in a wide gamut of community welfare activities across the country since inception. For the year 2018-19, IndianOil spent ` 490 Crore on CSR activities, thereby achieving 100% budget utilisation. Key Highlights: • IndianOil’s turnover crossed ` 6 Lakh crore milestone in 2018-19. • Total No of fuel stations automated 27,700 • Domestic sale of 79.96 MMT of petroleum products. Commissioned 648 fuel stations. • Aviation services maintained market share of 60%, commissioned nine new aviation fuel stations. • More than 100% of capacity utilization in Petrochemicals and sales of 2.64 MMT (domestic & exports). • Filed 160 patents; earned 107 patents (30 Indian & 77 overseas). • Added 14.2 MW of renewable of renewable energy capacity. Spearheading SATAT initiative to retail compressed biogas (CBG). Cumulative replaced 4.5 lakh conventional light fittings with LED lights. Dun & Bradstreet D-U-N-S® No 65-004-9216 Financial Snapshot ( ` Mn) Parameters FY18 FY19 Total Income 5,098,422.1 6,090,522.8 Net Profit 213,461.2 168,941.5 Total Assets 2,807,433.1 3,157,077.2 Ratios NPM (%) 4.2 2.8 C/R (Times) 0.8 0.8 ‘Ratna’ Status (As of June 2019) Maharatna Management Details Chairman Sanjiv Singh Directors G K Satish Dr. SSV Ramakumar Ranjan Kumar Mohapatra Gurmeet Singh Akshay Kumar Singh Sandeep Kumar Gupta Address IndianOil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (E), Mumbai - 400051, Maharashtra Website www.iocl.com Follw us on: / IndianOilCorpLimited / IndianOilcl / indianoilcorp / indianoilcorporationlimited Sanjiv Singh Chairman