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    IOCL Detailed Study

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    Abhishek
    Indian Oil Corporation Ltd. (IOCL) is India's largest commercial enterprise and the largest company in India. It was formed in 1964 through the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. With a sales turnover of over Rs. 4 lakh crore in 2012-13, IOCL maintains its position as the largest company in India. IOCL is a diversified, integrated energy major involved in oil, gas, petrochemicals and alternative energy. It is also the 18th largest petroleum company in the world.

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    IOCL Detailed Study

    Uploaded by

    Abhishek
    40 views2 pages
    Indian Oil Corporation Ltd. (IOCL) is India's largest commercial enterprise and the largest company in India. It was formed in 1964 through the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. With a sales turnover of over Rs. 4 lakh crore in 2012-13, IOCL maintains its position as the largest company in India. IOCL is a diversified, integrated energy major involved in oil, gas, petrochemicals and alternative energy. It is also the 18th largest petroleum company in the world.

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    Indian Oil Corporation Ltd. (IOCL) is India's largest commercial enterprise and the largest company in India. It was formed in 1964 through the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. With a sales turnover of over Rs. 4 lakh crore in 2012-13, IOCL maintains its position as the largest company in India. IOCL is a diversified, integrated energy major involved in oil, gas, petrochemicals and alternative energy. It is also the 18th largest petroleum company in the world.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    40 views2 pages

    IOCL Detailed Study

    Uploaded by

    Abhishek
    Indian Oil Corporation Ltd. (IOCL) is India's largest commercial enterprise and the largest company in India. It was formed in 1964 through the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. With a sales turnover of over Rs. 4 lakh crore in 2012-13, IOCL maintains its position as the largest company in India. IOCL is a diversified, integrated energy major involved in oil, gas, petrochemicals and alternative energy. It is also the 18th largest petroleum company in the world.

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    IOCL (INDIAN OIL CORPARATION LIMITED)

    Indian Oil Corporation Ltd. (Indian Oil) was formed in 1964 through the merger of
    Indian Oil Company Ltd. (Est. 1959) and Indian Refineries Ltd. (Est. 1958).
    Indian Oil Corporation Ltd. (Indian Oil) is India's largest commercial enterprise,
    with a sales turnover of Rs. 4,14,909crore (US $ 76200 million) and profits of Rs.
    5,005 crore (US $ 919 million) for the year 2012-13. With net revenue of Rs.
    466937.49 crore, Indian Oil has maintained its position as the country’s largest
    company according to the list of 500 Indian companies released by Financial
    Express. With market capitalization of Rs. 68334.65 crore and operating profit of
    13812.55 crore, Indian Oil stands way ahead of its competitors. Indian Oil had
    topped the ranks in previous year’s listings too. It is also the 18th largest
    petroleum company in the world.
    IOCL is a diversified, integrated energy major with presence in almost all the
    streams of oil, gas, petrochemicals and alternative energy sources; a world of
    high-caliber people, state-of-the-art technologies and cutting-edge R&D; a world
    of best practices, quality-consciousness and transparency; and a world where
    energy in all its forms is tapped most responsibly and delivered to the consumers
    most affordably. IOCL is a public sector company.

    IOCL are largely located in northern part of India with its registered office in
    Bandra (East), Mumbai. IndianOil continues to lay emphasis on infrastructure
    development and has been consistently investing in several projects across the
    country. The dedicated project teams of IndianOil ensure that implementation of
    the projects from the idea stage to commissioning is done seamlessly. Right from
    conceptualisation to commissioning, all pipeline projects are being implemented
    in-house. The projects are financed through an optimum mix of internal accruals
    and borrowings from domestic as well as international markets.

    IdianOil is currently metamorphosing from a pure sectoral company with


    dominance in downstream in India to a vertically integrated, transnational energy
    behemoth. The Corporation is already on the way to becoming a major player in
    petrochemicals by integrating its core refining business with petrochemical
    activities, besides making large investments in E&P and import/marketing
    ventures for oil & gas in India and abroad.
    The Indian oil and gas (O&G) sector is projected to touch US$ 139,814.7 million by
    2015 from US$ 117,562.9 million in 2012. The sector provides vast opportunities
    for investors.
    The New Exploration Licensing Policy (NELP) of 1997–98 was envisioned to deal
    with the ever-growing gap between demand and supply of gas in India. It has
    successfully attracted both foreign and domestic investment, as attested by the
    presence of Cairn India and Reliance Industries Limited in the country.
    India’s economic growth, as with all other countries, is closely linked to energy
    demand. The need for oil and gas, which are among the primary sources for
    meeting energy requirements, is thus projected to grow further.
    Product pricing Selling of those petroleum products at a price fixed by the
    Government below the desired level leading to impact on profitability as well as
    uncertainties in revenue stream.

    Challenges in inbound supply chain - uninterrupted supply of crude oil Over 75%
    of crude oil requirement of the count y is met through imports. Geo-political
    events across the world could lead to disruption in supplies.

    Challenges in outbound supply chain – reaching products in far flung areas and
    formidable terrain Preparedness for disruption of transportation links, damage
    pipelines, etc. thereby challenging our ability to ensure oil supplies across the
    length and breadth of the country

    Environmental imperatives Future regulator y regimes imposing restrictions on


    carbon emission, water consumption and waste management, Renewable Energy
    Purchase Obligation (RPO) .

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