TOPIC:ESTIMATE THE

MONOPOLY POWER OF INDIAN

OIL CORPORATION LIMITED
NAME:NAOREM
GUIDE BY:. PROF:DIPANGSHU
SHAROJKUMAR SINGH
DEV CHOWDHURY ID:105
MBA 1ST YEAR 23-35
INTRODUCTION
 One company's ability to control the output and price of
goods and services in a market is known as monopoly power.
Prices can be raised and earnings can be increased by a
company that has monopoly power over a rival company. The
degree of market differentiation, entry and exit obstacles,
supply and demand elasticity, and other variables all affect
monopoly power. A state-owned company that works in
India's oil and gas industry is called Indian Oil Corporation
Limited, or IOCL for short. As the biggest private oil firm in
the nation, it operates across the whole hydrocarbon value
chain, from production and refining to marketing and
exploration. Additional interests of IOCL include
petrochemicals, renewable energy, natural gas
OBJECTIVE
 To analyze its market performance and competitive advantage in the
oil and gas sector
METHODOLOGY
 The study is base on the secondary data from the IOCL
COMPANY .By measuring the market share and profitability of
IOCL, one can assess how much control it has over the price
and output of petroleum products and natural gas in India
 By contrasting IOCL's market share and profitability with those
of its rivals in the oil and gas industry, one can determine the
company's monopoly power.
 The IOCL [Integrated Annual Report 2022-23](^1^) states that
the company's market shares in India were *48.1%* for
petroleum products and *21.4%* for natural gas.
 In the fiscal year 2022–2023 it also reported a return on capital
employed of *12.8%* and a net profit of *Rs. 21,836 crores*.
 These numbers show that IOCL enjoys a strong degree of
pricing power and cost efficiency in addition to holding a
dominating position in the Indian oil and gas industry.The
industry's other companies may pose a threat to IOCL's
monopolistic position. For example, Reliance's acquisition of
IPCL
FINDING
 The market shares held by the IOCL corporation are *48.1%*
for petroleum products and *21.4%* for natural gas.
 Additionally, it declared a *12.8%* return on capital
employed and *Rs. 21,836 crores* net profit for the fiscal
year 2022–2023.
 These figures demonstrate that IOCL, in addition to its
dominant position in the Indian oil and gas business, enjoys a
high degree of pricing power and cost efficiency.
CONCLUSION
 IOCL is a dominant player in the Indian oil and gas sector,
with a high market share and profitability. IOCL has a strong
competitive advantage over its rivals in terms of pricing
power, cost efficiency, and product diversification. However,
IOCL's monopoly power is not absolute and may face
challenges from the changing market dynamics and
regulatory environment. IOCL needs to constantly innovate
and adapt to the consumer preferences, technological
advancements, and environmental concerns in the industry.
IOCL also needs to balance its social responsibility and
stakeholder interests with its business objectives and
growth aspirations.
THANK YOU