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Indian Oil Corporation Limited

Indian Oil Corporation Limited, formed in 1959, has been in existence for 6. Indian Oil Corporation Limited holds the CIN L23201MH1959GOI011388 and registration number 11388. The company is classified as company limited by shares. Authorized share capital stands at ₹30,000.00 crore. Indian Oil Corporation Limited reports paid-up capital of ₹14,121.24 crore.

It deals mainly in manufacture of refined petroleum products processes. Its registered office is located in Mumbai. The firm’s incorporation address reads Indian Oil Bhavan, G-9 All Yavar Jung Marg, Bandra (east), Mumbai, Maharashtra, India, 400051. It is an active company at present. According to official records, the company’s PAN is AAACI1681G. According to the LEI registry, the company’s code is 335800J8OBWE4VFUDG88. All official communications can be sent to kgwalani@indianoil.in. The leadership team includes Anuj Jain (CFO).

Company Overview

CIN
L23201MH1959GOI011388
Date of Incorporation
29/06/1959
Company Status
Active
RoC
Mumbai
Registration Number
011388
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Union government company
Listed in Stock Exchange
Yes
Class of Company
Company owned by the Government of India
LEI Number
335800J8OBWE4VFUDG88
LEI Status
Issued
Authorized Capital
₹3,00,00,00,00,000.00
Paid up Capital
₹1,41,21,23,83,830.00
Activity
Manufacture of refined petroleum products
E-mail
kgwalani@indianoil.in
PAN
AAACI1681G

GST Numbers

StateGST NumberStatus
Andhra Pradesh37AAACI1681G4ZLActive
37AAACI1681G1DXActive
37AAACI1681G1CZActive
Andaman and Nicobar Islands35AAACI1681G1D1Active
Arunachal Pradesh12AAACI1681G1Z0Active
12AAACI1681G1D9Active
Assam18AAACI1681G7ZIInactive
18AAACI1681G1CZActive
18AAACI1681G3ZMInactive
18AAACI1681G1ZOActive

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
INE242A08528INDIAN OIL CORPORATION LIMITED SR XXIII 7.79 NCD 12AP32 FVRS10LAC7.79% 12/04/2032INDIAN OIL CORP/7.79 DEB 20320412DBFUFN
INE242A08569INDIAN OIL CORPORATION LIMITED SR XXVII 7.25 NCD 06JN30 FVRS1LAC7.25% 06/01/2030INDIAN OIL CORP/7.25 DEB SNRDBFUFN
INE242A08437INDIAN OIL CORPORATION LIMITED SR XIV 7.41 LOA 22OT29 FVRS10LAC7.41% 22/10/2029INDIAN OIL CORP/7.41 DEB 20291022DBFUFN
INE242A08551INDIAN OIL CORPORATION LIMITED SR XXVI 7.36 NCD 16JL29 FVRS1LAC7.36% 16/07/2029INDIAN OIL CORP/7.36 DEB SNRDBFUFN
INE242A08544INDIAN OIL CORPORATION LIMITED SR XXV 7.44 NCD 25NV27 FVRS10LAC7.44% 25/11/2027INDIAN OIL CORP/7.44 DEB UNSECDBFUFN
INE242A08536INDIAN OIL CORPORATION LIMITED SR XXIV 7.14 NCD 06SP27 FVRS10LAC7.14% 06/09/2027INDIAN OIL CORP/7.14 DEB 20270906DBFUFN
INE242A08502INDIAN OIL CORPORATION LIMITED SR XXI 6.14 LOA 18FB27 FVRS10LAC6.14% 18/02/2027INDIAN OIL CORP/6.14 DEB 20270218DBFUFN
INE242A14ZB8INDIAN OIL CORPORATION LIMITED 91D CP 09DEC26 - 09/12/2026INDIAN OIL CORP/CP 20261209DYZUXN
INE242A14ZC6INDIAN OIL CORPORATION LIMITED 91D CP 08DEC26 - 08/12/2026INDIAN OIL CORP/CP 20261208DYZUXN
IN8242A01019INDIAN OIL CORPORATION LIMITED EQ LISTING/TRADING APPROVAL AWAITED - 12/10/2026INDIAN OIL CORP/SH VTGESVUFN
INE242A01010INDIAN OIL CORPORATION LIMITED EQ - 12/10/2026INDIAN OIL CORP/SH VTGESVUFN
INE242A14YX5INDIAN OIL CORPORATION LIMITED 81D CP 25SEP26 - 25/09/2026INDIAN OIL CORP/CP 20260925DYZUXN
INE242A14YY3INDIAN OIL CORPORATION LIMITED 76D CP 21SEP26 - 21/09/2026INDIAN OIL CORP/CP 20260921DYZUXN
INE242A14YW7INDIAN OIL CORPORATION LIMITED 88D CP 18SEP26 - 18/09/2026INDIAN OIL CORP/CP 20260918DYZUXN
INE242A14ZA0INDIAN OIL CORPORATION LIMITED 58D CP 11SEP26 - 11/09/2026INDIAN OIL CORP/CP 20260911DYZUXN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/2023
Net PPE₹2,89,57,539.00L₹2,73,87,093.00L₹2,51,79,155.00L₹2,25,71,600.00L
Net Debt₹1,18,25,605.00L₹1,41,92,369.00L₹1,22,20,698.00L₹1,39,11,847.00L
Goodwill₹104.00L₹104.00L₹104.00L₹104.00L
Gross PPE₹4,01,52,919.00L₹3,70,29,009.00L₹3,34,79,408.00L₹2,95,30,278.00L
Inventory₹1,17,13,272.00L₹1,13,87,849.00L₹1,21,37,583.00L₹1,21,10,758.00L
Total Debt₹1,31,82,239.00L₹1,52,27,070.00L₹1,32,62,756.00L₹1,48,97,708.00L
Common Stock₹13,77,156.00L₹13,77,156.00L₹13,77,156.00L₹13,77,156.00L
Current Debt₹64,78,014.00L₹90,80,429.00L₹76,66,067.00L₹76,80,188.00L
Share Issued₹1,41,212.38L₹1,41,212.38L₹1,41,212.38L₹1,41,212.38L
Total Assets₹5,28,95,496.00L₹5,07,19,966.00L₹4,82,36,200.00L₹4,41,71,848.00L
Capital Stock₹13,77,156.00L₹13,77,156.00L₹13,77,156.00L₹13,77,156.00L
Long Term Debt₹55,30,899.00L₹51,75,575.00L₹46,79,290.00L₹63,31,294.00L
Current Assets₹1,56,81,077.00L₹1,56,86,630.00L₹1,58,44,296.00L₹1,58,83,688.00L
Prepaid Assets₹1,30,793.00L₹1,02,680.00L₹1,07,847.00L₹1,43,521.00L
Working Capital-₹54,39,503.00L-₹74,12,458.00L-₹57,96,097.00L-₹47,81,186.00L
Financial Assets₹0.00L₹0.00L₹0.00L₹0.00L
Invested Capital₹3,39,60,710.00L₹3,29,04,736.00L₹3,06,86,984.00L₹2,79,83,506.00L
Other Properties₹21,40,068.00L₹18,58,845.00L₹17,21,269.00L₹15,79,511.00L
Retained Earnings₹35,72,083.00L₹19,09,534.00L₹39,03,250.00L₹9,65,751.00L
Common Stock Equity₹2,19,51,797.00L₹1,86,48,732.00L₹1,83,41,627.00L₹1,39,72,024.00L
Net Tangible Assets₹2,12,26,890.00L₹1,78,32,631.00L₹1,75,86,244.00L₹1,32,62,133.00L
Tangible Book Value₹2,12,26,890.00L₹1,78,32,631.00L₹1,75,86,244.00L₹1,32,62,133.00L
Current Liabilities₹2,11,20,580.00L₹2,30,99,088.00L₹2,16,40,393.00L₹2,06,64,874.00L
Long Term Provisions₹1,44,164.00L₹1,40,663.00L₹1,41,482.00L₹1,39,644.00L
Stockholders Equity₹2,19,51,797.00L₹1,86,48,732.00L₹1,83,41,627.00L₹1,39,72,024.00L
Other Equity Interest₹2,05,74,599.00L₹1,72,71,576.00L₹1,69,64,471.00L₹1,25,94,868.00L
Total Capitalization₹2,74,82,696.00L₹2,38,24,307.00L₹2,30,20,917.00L₹2,03,03,318.00L
Hedging Assets Current₹36,354.00L₹132.00L₹298.00L₹21,812.00L
Ordinary Shares Number₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L
Other Intangible Assets₹7,24,803.00L₹8,15,997.00L₹7,55,279.00L₹7,09,787.00L
Other Non Current Assets-₹28.00L₹6,16,083.00L₹4,95,137.00L₹4,07,095.00L
Total Non Current Assets₹3,72,14,419.00L₹3,49,22,390.00L₹3,23,91,938.00L₹2,82,88,160.00L
Cash And Cash Equivalents₹1,83,308.00L₹63,635.00L₹1,24,659.00L₹99,635.00L
Construction In Progress₹85,10,252.00L₹76,70,890.00L₹59,63,203.00L₹49,18,395.00L
Accumulated Depreciation-₹1,11,95,380.00L-₹96,41,916.00L-₹83,00,253.00L-₹69,58,678.00L
Additional Paid In Capital₹8,036.00L₹8,036.00L₹8,036.00L₹7,715.00L
Other Short Term Investments₹9,44,802.00L₹12,31,695.00L₹12,17,264.00L₹11,35,678.00L
Other Non Current Liabilities₹90,148.00L₹70,019.00L₹52,913.00L₹50,134.00L
Machinery Furniture Equipment₹2,44,06,706.00L₹2,29,80,349.00L₹2,16,46,996.00L₹1,93,81,402.00L
Derivative Product Liabilities₹0.00L₹0.00L₹0.00L₹0.00L
Goodwill And Other Intangible Assets₹7,24,907.00L₹8,16,101.00L₹7,55,383.00L₹7,09,891.00L
Total Equity Gross Minority Interest₹2,25,54,753.00L₹1,91,02,466.00L₹1,88,16,298.00L₹1,43,21,434.00L
Total Liabilities Net Minority Interest₹3,03,40,743.00L₹3,16,17,500.00L₹2,94,19,902.00L₹2,98,50,414.00L
Current Debt And Capital Lease Obligation₹68,17,029.00L₹93,93,630.00L₹79,50,267.00L₹79,18,723.00L
Long Term Debt And Capital Lease Obligation₹63,65,210.00L₹58,33,440.00L₹53,12,489.00L₹69,78,985.00L
Cash Cash Equivalents And Short Term Investments₹11,28,110.00L₹12,95,330.00L₹13,41,923.00L₹12,35,313.00L
Total Non Current Liabilities Net Minority Interest₹92,20,163.00L₹85,18,412.00L₹77,79,509.00L₹91,85,540.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/2023
Net Income₹36,80,242.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L
Free Cash Flow₹47,77,935.00L-₹51,493.00L₹33,97,106.00L-₹3,20,581.00L
Changes In Cash₹1,19,673.00L-₹61,024.00L₹25,024.00L-₹18,024.00L
End Cash Position₹1,83,308.00L₹63,635.00L₹1,24,659.00L₹99,635.00L
Financing Cash Flow-₹52,67,157.00L-₹3,42,133.00L-₹39,38,464.00L-₹1,79,440.00L
Investing Cash Flow-₹22,27,378.00L-₹31,64,131.00L-₹31,51,153.00L-₹28,02,956.00L
Operating Cash Flow₹76,14,208.00L₹34,45,240.00L₹71,14,641.00L₹29,64,372.00L
Capital Expenditure-₹28,36,273.00L-₹34,96,733.00L-₹37,17,535.00L-₹32,84,953.00L
Beginning Cash Position₹63,635.00L₹1,24,659.00L₹99,635.00L₹1,17,659.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/2023
EBIT₹65,23,441.00L₹25,50,171.00L₹64,87,161.00L₹21,68,489.00L
Ebit₹0.00L₹0.00L₹0.00L₹0.00L
EBITDA₹83,65,465.00L₹42,27,905.00L₹80,73,772.00L₹34,86,594.00L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L
Net Income₹42,09,626.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L
Gross Profit₹1,08,70,522.00L₹66,89,364.00L₹1,05,99,432.00L₹56,04,978.00L
Pretax Income₹57,47,208.00L₹17,06,345.00L₹57,28,779.00L₹15,03,769.00L
Tax Provision₹13,79,476.00L₹3,27,462.00L₹14,12,664.00L₹3,33,343.00L
Total Revenue₹7,73,99,280.00L₹7,54,56,794.00L₹7,72,84,206.00L₹8,27,54,733.00L
Cost Of Revenue₹6,65,28,758.00L₹6,87,67,430.00L₹6,66,84,774.00L₹7,71,49,755.00L
Total Expenses₹7,05,73,891.00L₹7,32,72,593.00L₹7,11,49,734.00L₹8,01,63,377.00L
Interest Income₹1,75,534.00L₹1,65,810.00L₹1,93,494.00L₹2,37,851.00L
Interest Expense₹7,76,233.00L₹8,43,826.00L₹7,58,382.00L₹6,64,720.00L
Operating Income₹68,25,389.00L₹21,84,201.00L₹61,34,472.00L₹25,91,356.00L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L
Income Tax Expense₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹84,93,952.00L₹40,64,153.00L₹80,83,405.00L₹36,05,157.00L
Normalized Income₹43,07,272.85L₹12,27,457.39L₹41,80,226.50L₹10,71,493.14L
Operating Expense₹40,45,133.00L₹45,05,163.00L₹44,64,960.00L₹30,13,622.00L
Operating Revenue₹7,73,99,280.00L₹7,54,56,794.00L₹7,72,84,206.00L₹8,27,54,733.00L
Net Interest Income-₹5,82,860.00L-₹6,77,622.00L-₹5,60,729.00L-₹4,17,161.00L
Total Unusual Items-₹1,28,487.00L₹1,63,752.00L-₹9,633.00L-₹1,18,563.00L
Basic Average Shares₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L
Diluted Average Shares₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L₹1,37,715.61L
Total Other Finance Cost-₹17,839.00L-₹394.00L-₹4,159.00L-₹9,708.00L
Other Operating Expenses₹19,69,256.00L₹18,05,167.00L₹16,47,875.00L₹15,78,819.00L
Reconciled Depreciation₹18,42,024.00L₹16,77,734.00L₹15,86,611.00L₹13,18,105.00L
Total Operating Expenses₹0.00L₹0.00L₹0.00L₹0.00L
Reconciled Cost Of Revenue₹6,65,28,758.00L₹6,87,67,430.00L₹6,66,84,774.00L₹7,71,49,755.00L
Rent Expense Supplemental₹90,017.00L₹85,347.00L₹83,531.00L₹1,03,474.00L
Tax Effect Of Unusual Items-₹30,840.15L₹31,425.39L-₹2,375.50L-₹26,281.86L
Interest Income Non Operating₹1,75,534.00L₹1,65,810.00L₹1,93,494.00L₹2,37,851.00L
Selling And Marketing Expense₹17,93,244.00L₹17,78,483.00L₹18,31,465.00L₹17,39,687.00L
Interest Expense Non Operating₹7,76,233.00L₹8,43,826.00L₹7,58,382.00L₹6,64,720.00L
Net Income Common Stockholders₹42,09,626.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L
Net Income Continuous Operations₹43,67,732.00L₹13,78,883.00L₹43,16,115.00L₹11,70,426.00L
Diluted NIAvailto Com Stockholders₹42,09,626.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L
General And Administrative Expense₹70,941.00L₹81,376.00L₹80,825.00L₹70,125.00L
Selling General And Administration₹18,64,185.00L₹18,59,859.00L₹19,12,290.00L₹18,09,812.00L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill-₹1,28,487.00L₹1,63,752.00L-₹9,633.00L-₹1,18,563.00L
Net Non Operating Interest Income Expense-₹5,82,860.00L-₹6,77,622.00L-₹5,60,729.00L-₹4,17,161.00L
Net Income Including Noncontrolling Interests₹43,67,732.00L₹13,78,883.00L₹43,16,115.00L₹11,70,426.00L
Net Income From Continuing And Discontinued Operation₹42,09,626.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L
Net Income From Continuing Operation Net Minority Interest₹42,09,626.00L₹13,59,784.00L₹41,72,969.00L₹9,79,212.00L

Company Performance (FY23–FY26)

₹8.3 L Cr₹6.2 L Cr₹4.1 L Cr₹2.1 L Cr₹0
₹8.3 L Cr
₹7.7 L Cr
₹7.5 L Cr
₹7.7 L Cr
FY23FY24FY25FY26
Latest
₹7.74 L Cr
Growth (YoY)
+2.6%
Average
₹7.82 L Cr

Directors

AppointmentDirector nameDINDesignation
01/09/2017Kamal Kumar Gwalani*****4814ACompany Secretary
28/10/2021Satish Kumar Vaduguri09322002Whole-time directorView other directorships
08/04/2022Ramnaresh Singh07571840DirectorView other directorships
14/08/2023Nachimuthu Senthil Kumar10230965Whole-time directorView other directorships
09/10/2023Anuj Jain10310088Whole-time directorView other directorships
09/10/2023Anuj Jain*****5017ACFO
16/01/2024Alok Sharma10453982Whole-time directorView other directorships
15/03/2024Rashmi Govil10531397Whole-time directorView other directorships
11/05/2024Sujata Sharma07775238Nominee DirectorView other directorships
17/07/2024Arvind Kumar09224177Whole-time directorView other directorships
13/11/2024Arvinder Singh Sahney10652030Additional DirectorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 11

Subsidiaries 4

  • Ioc Global Capital Management Ifsc LimitedDirect
  • Chennai Petroleum Corporation LimitedDirect
  • Iocl Singapore Pte. LtdDirect
  • Mercator Petroleum LimitedDirect

Latest Documents

Category:
DateTitleSize
03/10/2024
Form MGT-7-03102024_signed
-
25/09/2024
Form AOC-4(XBRL)-25092024-signed
-
05/09/2024
Form AOC-4(XBRL)-05092024
-
27/03/2024
Form Addendum to AOC-4 CSR-27032024
-

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Direct/Ultimate Children

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Address

Indian Oil Bhavan, G-9 All Yavar Jung Marg, Bandra (east), Mumbai, Maharashtra, India, 400051

Frequently Asked Questions

What is the incorporation date of Indian Oil Corporation Limited?
The incorporation date of Indian Oil Corporation Limited is 29/06/1959.
What is the authorized share capital and paid-up capital of Indian Oil Corporation Limited?
The authorized share capital of Indian Oil Corporation Limited is ₹3,00,00,00,00,000.00. The paid-up capital is ₹1,41,21,23,83,830.00.
Who are the current board members & directors of Indian Oil Corporation Limited?

The current board member of Indian Oil Corporation Limited are:

  • Satish Kumar Vaduguri
  • Ramnaresh Singh
  • Arvinder Singh Sahney
  • Sujata Sharma
  • Arvind Kumar
  • Alok Sharma
  • Rashmi Govil
  • Anuj Jain
  • Nachimuthu Senthil Kumar
What is the registered address of Indian Oil Corporation Limited?
The registered address of Indian Oil Corporation Limited is Indian Oil Bhavan, G-9 All Yavar Jung Marg, Bandra (east), Mumbai, Maharashtra, India, 400051.
What is the Corporate Identification Number of Indian Oil Corporation Limited?
The Corporate Identification Number of Indian Oil Corporation Limited is L23201MH1959GOI011388.