COMPANY INTELLIGENCE PROFILE
INDIAN OIL CORPORATION LIMITED
India's largest integrated oil refining and petroleum marketing company.
Business Overview
India's largest integrated oil refining and petroleum marketing company. A Maharatna central public sector enterprise engaged in refining, pipeline transportation, and marketing of petroleum products, plus petrochemicals, natural gas, and exploration & production. FY25 refining throughput was 71.564 MMT and pipeline throughput a record 100.477 MMT.
Sector & Classification
Industry group C5 - Manufacture of coke and refined petroleum products (NIC section C - Manufacturing). Legacy NIC code 23201.
Directors & Key Management
Arvinder Singh Sahney (Whole-Time Director & Chairperson, apptd 13 Nov 2024); Rashmi Govil (Whole-Time Director, 15 Mar 2024); Suman Kumar (Whole-Time Director, 26 Feb 2025); Arvind Kumar (Whole-Time Director, 17 Jul 2024); Anuj Jain (Whole-Time Director, 09 Oct 2023); Alok Sharma (Whole-Time Director, 16 Jan 2024); Saumitra Priya Srivastava (Additional Director, 03 Oct 2025); Sujata Sharma (Nominee Director, 11 May 2024). Company Secretary: Kamal Kumar Gwalani. Individual DINs not obtained.
GST Registrations
Primary GSTIN: 27AAACI1681G1ZP (Maharashtra); PAN: AAACI1681G; Active; 106 registrations (IOCL PSU)
Financials
FY2024-25 (standalone/consolidated as reported): Revenue from operations ~Rs 8,45,513 crore (vs Rs 8,66,345 crore FY24); Net profit ~Rs 12,962 crore (vs Rs 39,619 crore FY24, decline driven by lower refining & marketing margins; GRM $4.80/bbl vs $12.05/bbl). Total assets ~Rs 4,82,362 crore. Final dividend Rs 3.00/share (FV Rs 10) for FY25. Net worth and exact segment splits not separately obtained.
Funding History
n/a (established listed Maharatna PSU)
Loans & Charges
Open charges reported ~27 records totalling ~Rs 38,300 crore. Borrowings ~Rs 1,23,454 crore (down ~12% YoY); major lenders include State Bank of India (~Rs 32,017 crore) and HDFC Bank (~Rs 6,200 crore). Figures per aggregator data, not MCA-verified.
Credit Ratings
CRISIL AAA/Stable and CRISIL A1+ (NCDs and bank facilities); ICRA AAA (long-term) and ICRA A1+ (short-term), reaffirmed 2025-2026; India Ratings IND AAA. International: S&P BBB, Moody's Baa3, Fitch BBB- (all Stable, in line with sovereign).
Legal & Compliance
none found in reliable sources within scope (a large PSU routinely has tax/commercial litigation, but no specific material case obtained)
Competitive Landscape
India's largest oil refiner & fuel retailer (PSU). Key competitors: Bharat Petroleum (BPCL) (rev ~₹5,00,000 Cr (PSU)); Hindustan Petroleum (HPCL) (rev ~₹4,40,000 Cr (PSU)); Reliance (Jio-bp) (RIL–bp fuel-retail JV); Nayara Energy (rev ~₹1,50,000 Cr); ONGC (rev ~₹6,50,000 Cr; m-cap ~₹3.5 L Cr).
Frequently Asked Questions
What does INDIAN OIL CORPORATION LIMITED do?
India's largest integrated oil refining and petroleum marketing company.
What is the CIN of INDIAN OIL CORPORATION LIMITED?
INDIAN OIL CORPORATION LIMITED's Corporate Identification Number (CIN) is L23201MH1959GOI011388.
When was INDIAN OIL CORPORATION LIMITED incorporated?
INDIAN OIL CORPORATION LIMITED was incorporated on 30 June 1959 and is registered with RoC-Mumbai.
Where is INDIAN OIL CORPORATION LIMITED registered?
The registered office of INDIAN OIL CORPORATION LIMITED is at Indian Oil Bhavan, G-9 Ali Yavar Jung Marg, Bandra (East), Mumbai, Maharashtra 400051.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it. Known gaps: Individual director DINs; specific GSTINs; precise net worth figure; detailed latest shareholding pattern; itemized related-party transactions; specific litigation. Charges/borrowings figures are aggregator-sourced, not MCA-verified.