India’s Top 500 Companies 2022

INDIA’S TOP 500 COMPANIES 2022 321 Advertorial About the Company Indian Oil Corporation Ltd (IndianOil) is India’s flagship Maharatna national oil company. The corporation is an integrated energy organization with presence in the domains of oil, gas, petrochemicals, and alternate energy resources. IndianOil earned a significant ranking among the world’s largest corporates in Fortune’s ‘Global 500’ listing in 2021. The company has presence in Sri Lanka, Mauritius, the UAE, Sweden, Singapore, USA and Netherlands along with representative offices in Nepal, Bangladesh and Myanmar. Business Operations IndianOil along with its subsidiaries has business interests along the entire hydrocarbon value chain - from refining, pipeline transportation & marketing, to exploration & production of crude oil & gas, petrochemicals, gas marketing, alternative energy sources and globalisation of downstream operations. IndainOil has established itself as a leading City Gas Distribution (CDS) player in the country. IndianOil’s LPG brand, Indane caters to more than 136 million customers. The Corporation is the leading promoter of the Govt of India’s SATAT (Sustainable Alternative Towards Affordable Transportation) scheme. Moreover, IndainOil is the first Indian company to start CBG marketing under the brand name “IndiGreen”. IndianOil has collaborated with Israeli company Phinergy Limited to form ‘IOC Phinergy Private Limited’ (IOP) to commercialise the aluminum-air battery technology in India. Few Notable Highlights of IndianOil • In FY22, the corporation’s sale of the petrochemicals segment was at an all-time high of 2.92 MMT. The company’s share of production from eight producing assets where it has participating interest was 4.26 MMToe in FY22. • IndianOil diversified its crude oil basket in FY22 with the addition of about 7 new imported grades to its crude oil basket, totaling about 211 imported grades from across 44 countries in the world. • During the year based on the success of Chhotu 5 kg FTL (Free Trade LPG), coporation launched Munna 2 Kg FTL cylinders variants. Chhotu and Munna offer easy LPG access to sections of the society that are not covered by our LPG distributor network such as migrant labours, students. • The sale of 5-kg cylinder “Chhotu” registered a robust growth of more than 30% during the year. The Company continued to play pivotal role in the implementation of Ujjwala- II Scheme by releasing 50 lakh connections during the year, well ahead of target set by MoP&NG. • IndianOil added several new product offerings to its product basket such as XtraGreen diesel, green combo lubricants, Methanol Blended Petrol (M-15), E-100 fuel as an effort towards reducing harmful GHG emissions. • In FY22, to meet the growing LPG demand, greenfield plant at Agartala, Korba, Jabalpur and Gwalior were commissioned during the year, taking the number of LPG locations in the country to 101. • During the year, the corporation commissioned 2521 Retail Outlets (including 1120 Kisan Seva Kendra’s), 435 CNG Stations and 8 CBG stations, taking their total number to 34559, 1488 and 26 respectively. • As on 31st March 2022, the length of the pipeline network was 15,113 kmwith a capacity of 96.06 MMTPA (crude oil + product pipelines) and 27.82 MMSCMD (gas pipelines). In FY22, the natural gas sale (incl. internal consumption) was 5.7MMT (5.4 MMT in FY 21). Indian Oil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (E), Mumbai - 400051, Maharashtra Website: www.iocl.com Indian Oil Corporation Limited Top 500 Ranking Income 1 Net Profit 4 Networth 7 Financial Snapshot (In ` mn) Total Income 5,194,411.9 Net Profit 218,360.4 Networth 1,105,000.4 Ratios NPM (%) 4.2 RONW (%) 19.8 Current Ratio (times) 0.7 (As on Mar 31, 2021) Financial Snapshot (In ` mn) Total Income 7,327,842.0 Net Profit 241,841.0 Networth 1,312,863.6 Ratios NPM (%) 3.3 ROANW* (%) 22.6 Current Ratio (times) 0.8 (As on Mar 31, 2022) Management Details Chairman Shrikant Madhav Vaidya Directors S S V Ramakumar Ranjan Kumar Mohapatra Sandeep Kumar Gupta V Satish Kumar D S Nanaware Sukla Mistry Sujoy Choudhury Navneet Mohan Kothari Lata Usendi Dilip Gogoi Lalung Dr. Ashutosh Pant Dr. Dattatreya Rao Sirpurker Prasenjit Biswas Sudipta Kumar Ray Krishnan Sadagopan Dr. Ram Naresh Singh Dun & Bradstreet D-U-N-S® No 65-004-9216 Shrikant Madhav Vaidya Chairman * Return on Average Net Worth information provided by the company. Dun & Bradstreet