Indian Oil Corporation Profile
Key Indicators
- Authorised Capital ₹ 30,000.00 Cr
- Paid Up Capital ₹ 14,121.24 Cr
- Company Age 65 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 29,500.00 Cr
- Satisfied Charges ₹ 20,896.05 Cr
- Revenue Growth 28.69%
- Profit Growth -65.92%
- Ebitda -49.67%
- Net Worth 2.64%
- Total Assets 8.14%
About Indian Oil Corporation
Indian Oil Corporation Limited (IOCL) was founded in India on 30 June 1959 and has a glorious history of 65 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530965 and on the National Stock Exchange(NSE) under IOC.
The Corporate was formerly known as Indian Oil Company Limited. The Company is engaged in the Energy And Power Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 30,000.00 Cr and a paid-up capital of Rs 14,121.24 Cr.
The company currently has active open charges totaling ₹29,500.00 Cr. The company has closed loans amounting to ₹20,896.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Indian Oil Corporation Limited India are Anuj Jain as CFO and Kamal Gwalani as Company Secretary. Sujoy Choudhury, Krishnan Sadagopan, Sukla Mistry, and Thirteen other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
Industry
What products or services does Indian Oil Corporation Limited offer?
Indian Oil Corporation Limited offers a wide range of products and services, including Software Development & IT Consultant, Resource Management Systems, Engine fuels, Petrol, Liquefied Natural Gas, Compressed Natural Gas, Engine Oil, Servo Engine Oil, Chemical Plants & Machinery, Petrochemical Refineries.
Who are the key members and board of directors at Indian Oil Corporation?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anuj Jain | CFO | 09-Oct-2023 | Current |
Kamal Gwalani  | Company Secretary | 01-Sep-2017 | Current |
Board Members (15)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ashutosh Pant | Director | 24-Nov-2021 | Current |
| Sujoy Choudhury | Whole-Time Director | 23-Feb-2022 | Current |
| Krishnan Sadagopan | Director | 24-Nov-2021 | Current |
| Sukla Mistry | Whole-Time Director | 07-Feb-2022 | Current |
| Ramnaresh Singh | Director | 08-Apr-2022 | Current |
| Shrikant Vaidya | Whole-Time Director | 14-Oct-2019 | Current |
Financial Performance of Indian Oil Corporation.
Indian Oil Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.69% increase. The company also saw a substantial fall in profitability, with a 65.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Indian Oil Corporation?
In 2022, Indian Oil Corporation had a promoter holding of 51.50% and a public holding of 48.49%. The company had 1 Subsidiary and 27 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Indianoil Petronas Private LimitedSatish Vaduguri is a mutual person
Indradhanush Gas Grid LimitedNachimuthu Kumar is a mutual person
Iav Biogas Private LimitedSujoy Choudhury is a mutual person
Green Gas LimitedNachimuthu Kumar is a mutual person
Ihb LimitedNachimuthu Kumar is a mutual person
Ratnagiri Refinery And Petrochemicals LimitedSatish Vaduguri is a mutual person
Charges (Loans)
₹29,500.00 Cr
₹20,896.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 23300.00 Cr
- Hdfc Bank Limited : 6200.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2008 | Hdfc Bank Limited | ₹6,200.00 Cr | Open |
| 25 May 1999 | State Bank Of India | ₹22,300.00 Cr | Open |
| 29 Sep 1997 | State Bank Of India | ₹1,000.00 Cr | Open |
| 18 Sep 2019 | Others | ₹587.00 Cr | Satisfied |
| 22 Jun 2015 | Oil Industry Development Board | ₹711.25 Cr | Satisfied |
How Many Employees Work at Indian Oil Corporation?
Indian Oil Corporation has a workforce of 14510 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Indian Oil Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Indian Oil Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
