India’s TOP 500 Companies 2021

INDIA’S TOP 500 COMPANIES 2021 358 Advertorial About the Company Oil India Limited (OIL) is a fully integrated Exploration & Production company having presence across the entire value chain in the Hydrocarbon sector. It is a Navratna enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas (MoPNG). OIL is the second largest national oil and gas company in India. OIL has carved a niche as a leading national oil and gas company in the upstream sector with a legacy of hydrocarbon exploration for over five decades and having a share of about 8.8% of the country’s total crude oil production and natural gas production. Besides having a Pan-India presence, OIL has established itself on world energy map with footprints in 09 countries viz Libya, Gabon, Nigeria, Venezuela, USA, Mozambique, Russia, Bangladesh & Israel. As one of its strategic initiatives, On March 25th, 2021, OIL acquired 54.16% stake of Numaligarh Refinery Limited (Assam), resulting in NRL becoming a subsidiary of OIL. OIL has also selectively diversified into the Renewable & Alternate Energy sector. Operational Expanse OIL’s present in-country operations are spread over the onshore areas in the states of Assam, Arunachal Pradesh, Mizoram, Tripura, Nagaland, Odisha, Andhra Pradesh, Rajasthan and offshore areas in Andaman, Kerala-Konkan and Krishna-Godavari Basin. OIL’s overseas E & P portfolio comprises 11 assets spread over 8 countries covering Libya, Gabon, Nigeria, Venezuela, USA, Mozambique, Bangladesh and Russia. Technological Advantage OIL deploys modern technology and the latest equipment for the acquisition of 2D, 3D, 2D-3C, 3D-3C & 4D seismic data to meet the diverse exploration and development challenges. The company has continuously inducted new methods and technologies to further its endeavour towards accurate mapping and imaging of the complex geology. The company operates a state–of–art seismic imaging andmodelling centre, BHUDRISHTI, for imaging, modelling, inversion and analysis of seismic and other geoscientific data at Duliajan. The centre is platformed on a high-end high performance computing system landscape, integrated seamlessly to a wide spectrum of robust geophysical application software suite. OIL also possesses a virtual reality centre, KALPLOK, for carrying out analysis and interpretation of geo-scientific and engineering data and models, generating synoptic views of data from multiple sources and supporting well planning in collaborative 3D - immersive environment. Additionally, the company operates a petroleum biotechnology centre, JAIVALAYA, to undertake research and development activities. Sushil Chandra Mishra Chairman and Managing Director PO Duliajan, Duliajan, Dibrugarh, Assam, 786602 Website: www.oil-india.com Oil India Limited Top 500 Ranking Income 81 Net Profit 42 Networth 44 Financial Snapshot (In ` mn) Total Income 136,487.1 Net Profit 25,840.6 Networth 243,866.7 Ratios NPM (%) 18.9 RONW (%) 10.6 Current Ratio (times) 1.7 (As on Mar 31, 2020) Management Details Chairman & Managing Director Sushil Chandra Mishra Director (HR & Business Development) Biswajit Roy Director (Exploration & Development) Dr. P. Chandrasekaran Director (Finance) Harish Madhav Director (Operations) Pankaj Kumar Goswami Govt. Nominee Director and Joint Secretary (Exploration), MOP&NG Amar Nath Govt. Nominee Director and Director (E-I), MOP&NG Asheesh Joshi Independent Directors Dr. Tangor Tapak Gagann Jain Anil Kaushal Dun & Bradstreet D-U-N-S® No 65-004-9570 Dun & Bradstreet