INDIAN OIL CORPORATION

Presented By:
Gyan Prakash Gupta
PGDM-CIIM
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 1.History & Background
Indian Oil Corporation is an Indian public-sector petroleum
company. It is India’s largest commercial enterprise, ranking
105th on the Fortune Global 500 listing (2009).

It began operation in 1959 as Indian Oil Company Ltd. It was

formed in 1964, with the merger of Indian Refineries Ltd.
Indian Oil and its subsidiaries account for a 47% share in the
petroleum products market, 40% share in refining capacity and
67% downstream sector pipelines capacity in India.
The Indian Oil Group of Companies owns and operates 10 of
India's 19 refineries with a combined refining capacity of 60.2
million metric tons per year.
On 30 June 2009 Indian Oil completed 50 years of its existence
and a series of events are being planned to celebrate its Golden
Jubilee Year
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 Mission
.Prices of products and services primarily in cost reduction
and focus on customer satisfaction Jaria full of energy and
diversity in all aspects of business to achieve international
standards of excellence .
.Stekholderon for creating wealth, value and satisfaction to
maximize .
.Competitive for the benefit of latest technology
development, adoption and assimilation in the leading
position it to receive .
.Identity and brand equity for specific Corporate trade policy
and overall quality management to set higher standards .
.Environment by creating awareness in people's lives to help
bring prosperity and environmental balance and protecting
the national heritage.

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 Vision
A leading, diversified, worldwide, with total energy company
- a leading national level while remaining fully conscious of
the environment and the oil company to become a national
role in ensuring availability and distribution of public
discharge .
Core Values
Conservation - Faith – Attachment –
Concerns Follow the word Commitment
Equanimity Reliability Dedication
Understanding Dependence Motivation
Support Honesty Affinity
Empowerment True loyalty Warm

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 Leadership Team
Prof. Sarthak N. Behuria B.A (Hons), PGDBA
Chairman, In-charge of Marketing and R&D etc.

Shri. Serangulam Varadarajan Narasimhan

Director of Finance etc.

Shri. G. C. Daga
Director of Marketing etc.

Mr. Vishan Chandra Agrawal

Director of Human Resources etc.

Shri. Basavaraj Ningappa Bankapur

Director of Refineries etc.

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 Products Services
*AutoGas 
*IndianOil Aviation Service Refining -
Refinery O&M Management
*Bitumen
Refinery Inspection Services
*High Speed Diesel Safety, Health & Environment Management etc.
*Bulk/Industrial Fuels –
Furnace Oil,
Pipelines -
Project Management
Light Diesel Oil etc.
Operation and Maintenance etc.
*Indane Gas
*SERVO lubricants & greases Marketing -
LPG Business,
*Marine Fuels & Lubricants
Retail Business,
*MS/Gasoline IndianOil Aviation Service,
*Petrochemicals Loyalty Programs etc.
*Special Products -
Training
Benzene
CBFS Research & Development 
Food Grade Hexane etc.
*Superior Kerosene Oil
*Crude oil

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 Financial Statement

In accordance with the Accounting Standards issued by the

Institute of Chartered Accountants of India, your Corporation
has prepared the Consolidated Financial Statements of its
subsidiaries and joint venture entities. The highlights of the
Consolidated Financial Results are as follows:
(Rs. in Crore)

2008-09 2007-08
Turnover (inclusive of Excise Duty) 2,71,378 2,35,957

Profit Before Tax 3,649 12,489

Profit for the Group (after Tax) 2,599 7,913

Indian Oil. The Energy of India

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 Production facilities

.IndianOiI chief rues uncertainty of investment return

.Challenges
.IndianOil People lending a helping hand during crisis
.Driving the fundamentals of resurgent India.

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 Location

Corporate Office - New Delhi

Head Office – Noida, New Delhi ,Mumbai
Factory/plant - Panipat
Registered Office – Mumbai
Factory/plant – Panipat(Haryana), Kolkata (W.B.),Gujarat
, Guwahati (Assam),
Midnapore(W.B.) Mathura(U.P.) ,
Begusarai(Bihar),Digboi(Assam )
Sales & Marketing Office - Kolkata (W.B.), New Delhi ,
Mumbai , Chennai ,
R & D Centre – Faridabad(Haryana)
Regional Office – Rajkot (Gujarat)

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 SWOT Analysis
Strength
• Decline in under recoveries for
downstream oil companies
• Drop in Borrowings in a credit
squeezed market
• Reducing fiscal deficit on account
of subsidies for import dependent
countries
Opportunity
• Drop in commodity prices will
reduce new projects costs
• Lower prices- lower working
capital requirement
• SPR- Good time to construct
• and fill SPR
Weakness
• Low prices leading to low refining
margins- Low revenue growth
• Economic slow down- Low
demand
• Huge inventory losses experienced
Threat
• Investments in new projects
suspended- setting stage for
another price explosion
• Customs duty may be reintroduced
affecting already depressed
margins
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 Mergers & acquition

.IndianOil Technologies Ltd : IndianOil Technologies Ltd.is the marketing arm for the
entire range of technologies developed at the R&D Centre of Indian Oil Corporation
Limited.
.IndianOil (Mauritius) Ltd.
.Lanka IOC PLC - Group company for Sri Lanka retail and storage operations which is
listed on Colombo's stock exchange.
.IOC Middle East FZE.
.Chennai Petroleum Corporation Ltd.
.Bongaigoan Refinery and Petrochemicals Ltd.
.Green Gas Ltd. - joint venture with Gas Authority of India for city-wide gas
distribution networks.
.Indo Cat Pvt. Ltd.
.Numerous exploration and production ventures with Oil India Ltd,
Oil and Natural Gas Corporation.

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 Indian Oil. The Energy of India

Awards & Recognition

*SCOPE Gold Trophy for Environmental
Excellence & Sustainable Development won by IndianOil.

*IndianOil has been ranked as one of Best Employers

in a survey conducted by Hewitt Associates in association
with Outlook Business magazine.

*IndianOil has been conferred the 'Business Superbrand 2008'

status by the Superbrands Council of India.

*IndianOil wins Retailer of the Year - 'Rural Impact Award'

BML Munjal Award 2009

*IndianOil conferred ‘Business Super brand 2008’

*Chairman, IndianOil receiving the World Petroleum

Congress Excellence Award for R&D at Madrid
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 Carrier Span
.Career Growth Opportunities
.Entrepreneurial Culture
.An Inspiring Work Environment
.Welfare of Employees
.Continuous Learning Curve
.Diverse Business Interests

Innovative Strategies
.Refining     
.Pipelines      
.Marketing    
.Training   
.Research & Development

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Type PSU (Trading on BSE & NSE)
Founded 1964
Headquarters New Delhi, India
Key people Sarthak Behuria, Chairman
Industry Petroleum
Petrol, Diesel, Kerosene, LPG,
Products
Petrochemicals
▲ रू. 2474.79 billion [1]
Revenue
(2008) (US$51.66 billion)
US$1.96 billion (2007) ▲
Net income
12.9% from 2006
Total assets US$33.64 billion (2008)
Total equity US$10.87 billion (2007)
Employees ~36,217 (2006)
Website Iocl.com

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THANK YOU

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