Company Intelligence Profile
Indian Oil Corporation Limited
Indian Oil Corporation is India's largest state-owned oil refining and petroleum marketing company (a Maharatna PSU), majority-owned by the Government of India.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| Registered name | Indian Oil Corporation Limited |
|---|---|
| CIN | L23201MH1959GOI011388 |
| PAN | AAACI1681G |
| Status | Active |
| Listing | Listed (BSE: 530965, NSE: IOC) |
| Incorporated | 30 June 1959 |
| ROC | RoC-Mumbai |
| Sector (NIC) | Industry group C5 - Manufacture of coke and refined petroleum products (NIC section C - Manufacturing). Legacy NIC code 23201. |
| Registered address | Indian Oil Bhavan, G-9 Ali Yavar Jung Marg, Bandra (East), Mumbai, Maharashtra 400051 |
| Authorized capital | Rs 30,000 crore |
| Paid-up capital | Rs 14,121 crore (equity share capital ~Rs 13,772 crore) |
Source: MCA registry via tofler.in, falconebiz.com, thecompanycheck.com
Business Overview
Confirmed- 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
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
Partial / conflictingArvinder 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.
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
Confirmed| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAACI1681G1ZP | Maharashtra | AAACI1681G | Active |
Primary GSTIN: 27AAACI1681G1ZP (Maharashtra); PAN: AAACI1681G; Active; 106 registrations (IOCL PSU)
Source: knowyourgst.com, mastersindia.co, findgst.in (GSTIN self-verifying via embedded PAN)
Financials
Confirmed- 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
Source: BSE/NSE filings & annual report; tofler.in, thecompanycheck.com
Loans & Charges
Confirmed- 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
Source: MCA charge index via tofler.in, falconebiz.com
Credit Ratings
Confirmed- 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)
Source: CRISIL, ICRA, CARE Edge, India Ratings rating rationales
Key Competitors
ConfirmedIndia's largest oil refiner & fuel retailer (PSU).
- 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
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