Indian Oil Corporation Limited Overview
Pro stress-test →Indian Oil Corporation Limited is a Maharatna PSU and India's largest integrated energy company, engaged in refining, pipeline transportation, and marketing of petroleum products. The company has business interests straddling the entire hydrocarbon value chain - from Refining, Pipeline transportation and marketing of Petroleum products to R&D, Exploration & production, marketing of natural gas and petrochemicals.
Strategic Profile
Pro stress-test →IOC has the leadership position in the Oil refining & petroleum marketing sector of India. The company owns 11 refineries across India with a total capacity of 80.80 MMTPA, possessing 31% of the total refining capacity of India. Q3 net profit surged 59.3% to ₹12,126 crore, revenue grew 14.3% to ₹2.04 lakh crore, with EBITDA margins improving to 10.2%.
Competitive Landscape
Pro stress-test →IOC competes in India's integrated energy sector primarily against Reliance Industries and Bharat Petroleum Corporation (BPCL). As the market leader with 31% of India's refining capacity and 42% share in petroleum marketing, IOC maintains structural advantages through its scale, distribution network, and government backing. Regional competitors like Shell and BP have limited downstream presence in India's retail market.
Industry Context
Indian Oil Corporation Limited operates in Petroleum Refining & Energy.
Key facts
Founded: 1959 · Headquarters: New Delhi, India · Employees: ~50,000 · Revenue: ₹2.04 lakh crore · Market cap: $120B