What we do Indian Oil Corporation Limited is India's largest national oil company, operating across refining, pipelines, marketing, exploration, petrochemicals, and alternative energy sectors. |
Founded in 1,959 |
Market share Leader in downstream petroleum with a 41.5% domestic market share and significant presence in petrochemicals and natural gas sectors. |
Problem solved Ensures energy security by refining and distributing petroleum products, expanding cleaner fuels, and developing green energy solutions. |
Top clients or who we serve Serves diversified customers including retail consumers (B2C), industries, aviation, and government entities (B2B), with extensive domestic and international reach. |
Key management - |
Our journey and innovations From 1959 establishment to Maharatna status, pioneering pipeline networks, petrochemical expansion, ethanol blending, and innovations in refining and alternative fuels. |
Where we operate Primarily India with exports and subsidiaries across Middle East, Africa, Russia, South Asia, and Southeast Asia. |
Top products or what we offer Petroleum products, LPG (Indane), lubricants (Servo), petrochemicals, natural gas, LNG, alternative fuels, and green mobility infrastructure. |
Top brands Indane LPG: Market leader with 45% market share. Servo Lubricants: 27% market share. XTRAPREMIUM & XTRAMILE fuels, Propel Petrochemicals, and emerging XP100 gasoline. |
Raw materials needed Crude oil from diverse global sources, natural gas, additives, polymers and chemicals for petrochemicals and fuels production. |
Raw materials supplier Global crude suppliers from Middle East, Africa, Russia, Americas; strategic imports and joint ventures for LNG and chemicals. |
Recurring vs cyclical contribution Revenue driven by both recurring fuel sales and cyclical market conditions impacting margins and volume. |
Our industry position Dominant Indian market leader with growing international presence and diversified energy portfolio adapting to energy transition. |
Financial highlights FY 2024-25 Revenue Rs 8.45 Lakh Cr, Profit After Tax Rs 13,598 Cr, EBITDA Rs 38,060 Cr, strong operational throughput and margin resilience. |
Geographical revenue split Majority revenue from India (~95%), with ~5% from international operations across subsidiaries and exports. |
Order book - |
Whats driving growth Growth driven by refinery expansions, petrochemical capacity, pipeline network expansion, green energy investments, and rising natural gas demand. |
Our future plans Focus on refining capacity expansion, petrochemicals growth, alternative fuels, renewables, green hydrogen, electric mobility infrastructure, and international partnerships. |
Our green promise Target Net-Zero emissions by 2046 with major investments in renewables, biofuels, carbon capture, and energy efficiency. |
Our people and values Employs ~30,000 staff with inclusive policies, continuous training, industrial harmony, and emphasis on safety and sustainability. |
Key challenges ahead Margin pressure from volatile crude prices, regulatory changes, transition to green energy, and global geopolitical risks. |
Interesting facts Only Indian oil company in Fortune Global 500 top 200; pioneer of 10%+ ethanol blending and largest LPG distributor in India. |
Risks and strategy Mitigates operational and market risks via diversification, strategic investments, digital transformation through SPRINT initiative, and governance. |
