As of June 24, 2026, Indian Oil Corporation Ltd (IOC) closed at ₹146.40 on the NSE, marking an increase of 2.26% (+₹3.23) from the previous close. The stock traded between an intraday low of ₹143.25 and a high of ₹146.80, supported by an injection of 1.73 crore shares in trading volume. HPCL, BPCL, IOC and IndiGo Share Price Gained Today on June 24, 2026; Here’s Why Brent crude fell below $76 per barrel on June 24, 2026, amid easing Strait of Hormuz supply concerns.
Crude-sensitive stocks such as Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOC) and InterGlobe Aviation (IndiGo) gained on June 24, 2026, as crude oil price extended their decline amid improving shipping activity through the Strait of Hormuz.
Brent Crude Extends Decline
As of June 24, 2026, at 3:57 PM IST, Brent crude was trading at around $75.61 per barrel after falling below $76 per barrel and touching an intraday low of $75.20 per barrel, its lowest level since February 27. Meanwhile, US benchmark West Texas Intermediate (WTI) touched an intraday low of $72.03 per barrel, its weakest level since March 3.
Oil price has remained under pressure following a 60-day sanctions waiver granted by the United States to Iran after initial peace talks. Market sentiment was also supported by signs that shipping activity through the Strait of Hormuz is gradually returning to normal.
Strait of Hormuz Shipping Activity Improves
According to ship-tracking data, several stranded supertankers passed through the Strait of Hormuz on Tuesday as confidence among shipowners improved.
Reports indicated that more vessels are transiting the waterway with their satellite signals switched on, reflecting reduced concerns over potential disruptions.
The United Nations shipping agency has also initiated an evacuation plan to help hundreds of stranded ships pass through the strait following the ceasefire agreement between the United States and Iran.
Meanwhile, Oman and Iran agreed to continue discussions regarding the future management of navigation through the strategic waterway.
Tracking Recent Performance and Key Drivers
- Crude Oil Price Drop: On June 24, 2026, Brent crude slid below $76 per barrel following a 60-day US sanctions waiver granted to Iran. Lower crude input costs generally boost the operating environment and profit margins for oil marketing companies like IOC.
- Renewable Energy Expansion: On June 22, 2026, IOC signed a major Memorandum of Understanding (MoU) with NLC India Limited (NLCIL) to set up large-scale solar, wind, and hybrid power projects in Tamil Nadu, marking an intentional stride towards clean energy diversification.
NLC signs MoU with Indian Oil Corporation to develop renewable projects in Tamil Nadu will include the development of large scale Renewable Energy projects including Solar, Wind, Hybrid Power
NLC India Ltd (NLCIL) has signed a memorandum of understanding (MoU) with Indian Oil Corporation Ltd (IOCL) for formation of a joint venture for establishment of renewable energy power projects in Tamil Nadu.
The MoU was signed on Monday at New Delhi, by Anurag Mittal, Chief General Manager, Commercial and Business Development, NLCIL and Manoj Nanda, Chief General Manager, Alternate Energy, IOCL The MoU will include the development of large scale Renewable Energy (RE)projects including Solar, Wind, Hybrid Power.
Speaking on the occasion, Shri Prasanna Kumar Motupalli, Chairman & Managing Director, NLC India Limited, stated that the partnership with IOCL marks a significant milestone in NLCIL’s strategic diversification into clean and sustainable energy sectors and emphasised on development of Renewable Energy Projects using various technologies for Solar, Wind, Hybrid, Battery Energy Storage System / Pumped Hydro Storage, Green Hydrogen and any new potential RE Technology emerging in future.
Brokerage Technical Calls: Analysts at JPMorgan recently highlighted IOC and BPCL as preferred tactical plays among downstream oil firms. However, near-term performance remains tightly coupled with global crude price volatility and Gross Refining Margin (GRM) fluctuations. IOC Share Price Target 2020 to 2030 When investors talk about India’s energy backbone, Indian Oil Corporation Ltd almost always dominates the conversation. In my 10+ years of tracking Indian PSU stocks, IOC is one of those companies that quietly compounds value not through flashy narratives, but through sheer scale, cash flows, and strategic relevance to India’s economy.
IOC Share Price Target
The Indian Oil Corporation Ltd share represents more than just an oil marketing company. It’s a proxy to India’s fuel demand, refining margins, petrochemical expansion, and even the country’s energy transition journey. Whether you’re a dividend-focused investor, a value hunter, or someone building a long-term core portfolio, IOC deserves a serious look but not blind optimism.
Financial Table for Indian Oil Corporation Ltd
Market Cap₹ 2,26,038 Cr.(As of December 2025)
Price to Earning9.27
Return on equity6.51%
Debt to equity0.74
Current ratio0.69
Dividend Yield3.12%
Return on assets2.47%
ROCE7.36%
Face Value₹10.0
52 Week High₹174
52 Week Low₹111
Indian Oil Corporation Ltd Shareholding Pattern
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
| Promoters | 51.50% | 51.50% | 51.50% | 51.50% | 51.50% | 51.50% |
| FIIs | 7.19% | 5.81% | 8.36% | 6.91% | 8.49% | 7.39% |
| DIIs | 13.40% | 12.98% | 11.32% | 11.92% | 10.23% | 9.97% |
| Government | 0.11% | 0.11% | 0.11% | 19.60% | 19.57% | 19.57% |
| Public | 27.80% | 29.60% | 28.71% | 10.06% | 10.18% | 11.57% |
| No. of Shareholders | 5,86,535 | 9,43,030 | 13,35,443 | 18,27,303 | 24,28,561 | 31,89,614 |
Indian Oil Corporation Share Price Target 2025, 2026, 2027, 2028 to 2030
YEAR 2025
Target Range (₹) : 150-170
for the move Strong fuel demand and stable marketing margins will support continued upside. 2. Projected Targets:
YEAR 2026
Target Range (₹) : 120-140
for the move Crude price volatility and GRM compression may temporarily pressure earnings. 3. Projected Targets:
YEAR 2027
Target Range (₹) : 150-170
for the move Improved refining margins and steady fuel consumption will drive recovery. 4. Projected Targets:
YEAR 2028
Target Range (₹) : 250-300
for the move Favourable crude spreads and operating leverage will significantly boost profitability. 5. Projected Targets:
YEAR 2029
Target Range (₹) : 350-400
for the move Election-year transport demand and fuel consumption growth will lift valuations. 6. Projected Targets:
YEAR 2030
Target Range (₹) : 280-320
for the move Post-election normalisation and margin moderation may cause consolidation. Disclaimer: The information provided above is for educational and informational purposes only. Investing in stocks involves risks. Please consult your financial advisor or conduct your own research before making any investment decisions.
Historic Performance:
Indian Oil Corporation Share Price Target 2020, 2021, 2022, 2023 & 2024
YEAR 2020
Yearly returns : -27.80%
Start of the year price83.97
End of the year price60.63
Reason : Fuel demand collapse and weak refining margins during COVID severely impacted earnings and sentiment.
YEAR 2021
Yearly returns : 22.11%
Start of the year price60.87
End of the year price74.33
Reason : Gradual demand recovery and improved marketing margins supported earnings normalisation.
YEAR 2022
Yearly returns : 2.92%
Start of the year price74.33
End of the year price76.50
Reason : Volatile crude prices and controlled fuel pricing limited profitability despite steady volumes.
YEAR 2023
Yearly returns : 68.64%
Start of the year price77.00
End of the year price129.85
Reason : Exceptional rally driven by strong GRMs, marketing margin expansion, and PSU re-rating.
YEAR 2024
Yearly returns : 3.26%
Start of the year price132.10
End of the year price136.41
Reason : Earnings stabilised as margins normalised after exceptional gains in the previous year.
Conclusion
The Indian Oil Corporation Ltd share is best suited for:
- Long-term value investors
- Dividend seekers
- Investors comfortable with PSU cycles
It’s not excitingit’s dependable. And in volatile markets, dependability often beats excitement.
Financial Snapshot
The underlying metrics reflect a highly valued public sector undertaking (PSU) trading at a low price-to-earnings multiplier:
Indian Oil Corporation
Performance
143.38
148.24
130.22
188.96
Metric Current Value market
Market Capitalisation₹2.06 Lakh Crore
Trailing P/E Ratio4.79x
Earnings Per Share (TTM)₹30.57
Dividend Yield~5.64% to 6.98%
Price-to-Book (P/B) Ratio0.94x52-Week High
Low₹188.96 / ₹130.22
Indian Oil Corporation Ltd is a Maharatna Company controlled by GOI Indian Oil Corporation: The Future of India Energy Strong Focus on Innovation Through R&D and Alternate Energy Sources Integrated Operations Across the entire Energy Value Chain Pan-India Pipeline Infrastructure
Leading Market Share
Across Portfolio
Largest Refiner in the Country
Driven by a Management Team That has Delivered Results
● 11 refineries with 81.20 MMTPA Capacity
● 32% of Domestic Refining Capacity
● 43% market share in POL in FY20 with over 52,700 touch points
● 14,500+ km pipelines for crude oil and products with a total capacity of 94.56 MMTPA
● 51% share in crude and product pipeline (by length)
● 2nd largest domestic player in Petrochemicals
● E&P: 12 domestic and 12 overseas blocks
● 929 active patents as on 01.04.2020
● New focus on Alternate and Renewable Energy (Wind, Solar, Biofuels)
● Consistent FY11-FY20 Revenue CAGR: 7.18%
Strong Support from the
Government of India
● Maharatna Company; GoI Control: 51.50%
● Government nominated Directors on IOC Board
● Contribution to exchequer of INR 1821 bn in FY20
Our Journey at a Glance
From a humble beginning to an Oil Giant Turnover US$ in Billion Refining Capacity MMT Pipeline Network Kms (‘000) Contribution to Exchequer: US$ 26 Bn (FY20) Platts Energy Ranking: 25 (2019)
Fortune Global 500 Ranking
(2019): 117
Moody’s : Baa3
Fitch: BBB- “Maharatna” status
Note: IOC is ranked 25th as per Platt Global Energy Company Rankings 2019.
IOC is ranked 117 amongst Fortune Global 500 Companies (2019).
11.6x
7.3x
FY20 31-Mar-20
Retail
Outlets
31-Mar-20
7
12
24
36
81
1970 1980 1990 2000 2020
2
4
5
7
15
1970 1980 1990 2000 2020
4482
29085
0
5000
10000
15000
20000
25000
30000
35000
1980 1990 2000 2010 2020
77.82
566950
0
100000
200000
300000
400000
500000
600000
700000
1965 1975 1985 1995 2005 2015
Turnover
(Rs./cr)
93769
0
20000
40000
60000
80000
100000
120000
1965 1975 1985 1995 2005 2015
Net Worth
Net Worth
(INR/Cr)
0.1 0.6 2.5
13.3
80
1970 1980 1990 2000 2020 Well Poised to Leverage Strong Industry Dynamics
Consumption in million barrel per day
Source: IMF World Economic Outlook update June 2020 (Real GDP Growth) Source: CIA World Fact book (2015 Est, 2016 Est. & 2017 Est.).-as per website on 21 May 2020
Source: Petroleum Planning and Analysis Cell, Ministry of Petroleum and Natural Gas, Govt. of India.
Oil Consumption Trends Have Been Rising Marginally…
MMT
…With Strong Growth in Consumption Across Key Products
India is Among the World’s Fastest Growing Economies Low per Capita Oil Consumption Represents an
Underpenetrated Opportunity…
GDP
Growth 2018 2019 2020 P 2021 P
India 6.1% 4.2% -4.5% 6%
China 6.7% 6.1% 1% 8.2%
ASEAN-5 5.3% 4.9% -2% 6.2%
Brazil 1.3% 1.1% -9.1% 3.6%
Russia 2.5% 1.3% -6.6% 4.1%
Note: HSD: High Speed Diesel and MS: Motor Spirit
Source: Petroleum Planning and Analysis Cell
FY18 – FY22 E CAGR
6.30%
8.23%
Diesel (HSD) Petrol (MS)
19.96
12.89 12.47
3.89 4.52
US EU China Japan India
166
185 195
206 213 214
FY 15 FY16 FY17 FY18 FY19 FY20(P) Leader in Refining Market Share(1)
IOC – The Largest Refiner in India
Narimanam
Panipat
Paradip
Mathura
Barauni
Haldia
Chennai
Guwahati
Digboi
Bongaigaon
Koyali
Subsidiary Cos.
(11.5 MMT)
Capacity (69.7 MMT)
Importing Crude from Across the Globe
Refinery Throughput (MMT) Capacity Utilization* (%)
Energy Efficiency (MBN)
Changing Crude Mix for Enhanced Profitability
Strategically
placed with
access to high
demand market
of North India
✓ Pump nozzles of all IndianOil ROs now
dispensing BS VI.
✓ Landmark achieved on March 16, 2020.
FY 19-20
Type of Crude Oil Used
Strategic Presence With Access to High Demand Markets
Note: All figures for the year ended March 31 of the respective years.
Note: Figures as of March 31, 2020
Note: Figures as of March 31, 2020.
(1) Market share based on group Refining Capacity
Africa
27%
Middle East
61%
Central Asia
2%
South
East Asia
3%
Figures for FYE 2020
Source: PPAC website
North
America
7%
32% 27%
11% 15%
8% 6%
IOCL Reliance HPCL BPCL Nayara
Energy
ONGC
74.9 72.6 71.3 71.9
2016-17 2017-18 2018-19 2019-20
69
72
69
FY 18 FY 19 FY 20
100
104
100
FY 18 FY 19 FY 20
Low
Sulphur
46%
High
Sulphur
54% Leapfrogging
from
BS IV to BS VI
First Company
in India to offer
IMO compliant
marine fuel
Improving
refinery
efficiency and
processes
2
nd Generation
Ethanol Project
at Panipat
Refinery off
gas harvesting
project for
hydrocarbon
production
Painted Storks nesting at Mathura Refinery
Championing Clean fuels
Waste to energy plant at Varanasi Largest Pipeline Market Share – Downstream
Unparalleled Network of Cross Country Pipelines
%
Pipelines Throughput
MMT
High Capacity Utilization
Crude Oil Pipelines Product Pipelines Total Pipelines
Steady Revenue Stream with healthy Pipeline EBITDA
In INR
All annual figures for the year ended March 31 of the respective years.
Indicate Total Capacity
Utilization Source: PPAC Website Note: Figures as of March 31, 2020
Indicate Total Throughput
IOC
52%
Others
48% IOC
58%
Others
42%
IOC
73%
Others
27%
105 106 98
76 81 83
91 94 90
FY 18 FY 19 FY 20
Crude Product
51 51 47
35 37 38
86 89 85
FY 18 FY 19 FY 20
Crude Product
5,998
6,128
6,332
6,439
6,295
FY’16 FY’17 FY’18 FY’19 FY’20
EBITDA Network Expansion
2017-18 2018-19 2019-20
13,391
14,231
14,668
Pipeline Length (km)
❖ 438 Kms added in the Network
❖ CGD – Work on 17 GAs awarded to IndianOil under-way
❖ Ethanol blended MS introduced for the first time in Mathura-Bijwasan PL
❖ Completed Jaipur-Panipat Naphtha Pipeline along with Koyali-Sanganer Pipeline augmentation during the year.
94.6 MMTPA Liquid
Pipelines Capacity
21.69 MMSCMD
Gas Pipelines
Length
(KM) Capacity
Crude Oil Pipelines 5,301 48.60 MMTPA
Product Pipelines 9,206 46.00 MMTPA
Gas Pipelines 161 21.69
MMSCMD
Total 14,668 Operating Highlights (Inland / Export Mix)
Pan India Presence with Multiple Consumer Touch Points
Marketing: Reach in Every Part of the Country
Other Key Highlights
Sales (MMT)
Leader in Market Infrastructure
Note: (1) Others includes Aviation Fuel Stations, Terminals, Depots and LPG Bottling Plants.
Rural Thrust and
Penetration
✓ 8,515 Kisan Sevak Kendras (KSK)
LPG
✓ 3.76 crore LPG connections released under
Pradhan Mantri Ujjwala Yojana (PMUY)
Petroleum Product
Market Share
✓ 43% share in petroleum products
Over 52,700
Customer
touch-points
LPG Distributor
12,450
Retail Outlets
29,085
Bulk Consumer
Pumps
6,955
Others
331(1)
SKO / LDO
Dealerships
3,882
All figures for the year ended March 31, 2020
42%
50% 47%
58%
50% 53%
Retail Outlets LPG Distributorships Aviation Fuel
Stations
Indian Oil Others
Source: PPAC Website
81.5 84.7 84.3
7.3 5.2 5.4
88.8 89.9 89.7
FY 18 FY 19 FY 20
Inland Export Ensuring Availability and inclusive growth
Footfall of 15 Million per day at ROs 2.5 Million Cylinders rolled out per day
Rural Reach through 8515
KSKs
Added more than 1100 new Retail Outlets during the year
Advanced
Winter stocking – forward
Defence locations
LPG for All
5 Kg
425 Kg
14.2 Kg
Domestic Fuelling India’s Growth
4.1%
3.7%
2016-17 2017-18 2018-19 2019-20
3.3 3.2 3.2 3.1
35.4 36.5 37.1 36.2
3.6 2.6 2.3 1.6
3.9 4.5 4.8
4.8
10.1 10.9 11.6 12.1
10.1 10.8 11.5 12.4
77.57 80.47 82.90 81.74
Domestic POL Sales (MMT)
LPG
Naptha
MS
ATF
SKO
HSD
FO/LSHS
Bitumen
Lubes
Others
1.4% Moving Beyond the Traditional Value Chain
Petrochemicals
- LAB
- PX / PTA
- Polymers, Glycols
- Butadiene, SBR
Moving
Beyond the Value Chain Gas Sourcing Marketing LNG Terminals CGD E&P
Domestic
Overseas
Operatorship
RE&SD
Wind, Solar
Biofuels
Sustainability
Nuclear
JV with NPCIL
Globalization
Exports
Consultancy
Training
Downstream Marketing
^ One of the Leading Producer of Petrochemical Products
Capacity
EBITDA (in INR/Cr)
Sales Breakup (in INR/Cr)
Project Capacity (MT)
Guajarat LAB 120,000
Styrene Butadiene
Rubber Plant 120 KTA
Panipat Px / PTA 553,000
Panipat Naphtha
Cracker 1,460,000
Polypropylene Plant
-Paradip Refinery 680,000
Total: 18532 Total: 21659 Total: 16227
3420
6067
7590
6105
5164
2677
FY 15 FY 16 FY 17 FY 18 FY 19 FY 20
1382 1562 1366
1835 3324 1425
13681
14949
11946
1633
1823
1491
FY 18 FY 19 FY 20
LAB Px/PTA Polymers/MEG/DEG/TEG Others Upstream Portfolio
1.45
2.66
4.44
4.26
0.00
0.50
1.00
1.50
2.00
2.50
3.00
3.50
4.00
4.50
5.00
2016-17 2017-18 2018-19 2019-20
Production
Production (MMToe)
Overseas
Blocks
Domestic
Blocks
1
3
3
1 1
1
6
7
1
Blocks’ Location
Exploration
Discovery
Appraisal
Under Development
Production
12
12 Research & Development - SolPed International-Israel | BARC | L&T | SAIL |
ONGC
New avenues of collaboration - Lubes | Catalysts | Additives | Petchem| Polymers |
2G/3G Bio-fuels | Hydrogen
Cutting-edge solutions - 128 (37 in India and 91 overseas) filed in 2019-20
- 123 patents granted (Domestic: 34 / Overseas: 89)
929 Active patents ( Domestic: 285/
Overseas: 644) [as on 01.04.2020 ]
INDMAX
technology
licensed to
M/s. NIS for
refinery in
Serbia
132 new
formulations
of Lubricants
Nano-
additised
differentiated
commercial
LPG
5-tonnes per
day bio-
methanation
plant
Indigenization
of enzyme
formulation
for 2G-ethanol
Plastic-
neutrality –
100% single-
use waste
plastic re-use
with bitumen
Indianoil’s Start-up Fund - Incubated 24 start-ups – 2
funding rounds - Hand-holding selected
start-ups till proof of
concept stage. - 11 patents and six
copyrights have been filed
jointly. Research & Development - Technology Commercialisation
- 2nd R&D Campus – Upscaling Thrust Areas
Refining
Technology
Lubes
Technology
Pipeline
Research
Catalysts
Nanotech
CO2
Research
Alternate Energy
Research
IndianOil R&D
of Tomorrow
35 TMTPA INDAdeptG Plant
at Guwahati Refinery
Indigenous In-Line Pipeline
Inspection Tool
Indigenously Developed
Delayed Coker at Barauni Diversified Across Geographies and Energy Sources - Aviation, terminal &
retail business - 27,335 MT Storage
Terminal
IndianOil
Mauritius
Ltd. (IOML)
(100% Stake) - Auto fuel, Bunkering,
Lubricants and
Bitumen business - 207 retail outlets
Lanka IOC
Plc.
(75.12%
Stake) - Marketing of Lubes
IOC Middle
East FZE
(100% Stake)
Solar
Wind
Power
Gas
● 40 City Gas Distribution under IOCL’s ambit (17-Standlone, 23-JVs)
● 5 MMTPA LNG import, storage and re-gassification terminal commissioned at Ennore (Near
Chennai)
● Ennore-Bengaluru-Puducherry-Madurai-Tuticorin LNG PL
● 16600+ Retail Outlets Solarised. Installed capacity 92 MW.
● Other Solar capacity is 58.6 MW Figures for the year ended March 31,2020 Geographical Diversification Diversification Across Sources
● Wind – 167.60 installed capacity - 47 MW plant at Gujarat;
- 48.3 MW plant at AP
- 72.3 MW plant at Rajasthan Major Projects Completed (19-20)
BS-VI Project at IndianOil
Refineries
~ Rs. 17,000 crs
Polypropylene Plant at Paradip
Refinery, Odisha
Rs. 3150 Cr
INDMAX Project at Bongaigaon
Refinery, Assam
Rs. 2582 Cr
Fuel quality upgradation
Project at Gujarat Refinery
(Earlier known as BS-IV Project
at Gujarat Refinery), Gujarat
Rs. 1315 Cr
Jaipur-Panipat Naphtha
Pipeline along with Koyali-
Sanganer Pipeline
augmentation, Gujarat,Haryana
and Rajasthan
Rs. 887 Cr Investing In Future Growth
Major Ongoing Projects Planned Capital Expenditure Outlay (1) (2020-21)
Project
Estimated Cost
(Rs Crore)
Ethylene Glycol Project (MEG) – Paradip 5,654
Naphtha Cracker and PX-PTA Expansion
Project at Panipat Refiney 2,851
Paradip-Hyderabad Pipeline 3,338
Ennore – Thiruvallur – Bengaluru –
Puducherry – Nagapattinam – Madurai –
Tuticorin Natural Gas Pipeline
6,025
Koyali – Ahmednagar – Solapur Pipeline 1,945
Augmentation of Paradip-Haldia-
Durgapur LPG Pipeline and its extension
up to Patna and Muzaffarpur
3,027
30” Crude Oil Pipeline in H-B section of
PHBPL & Conversion of 18″ twin
Pipelines in H-B section from Crude to
Product and Gas service
3,696
City Gas Distribution Projects
(17 standalone GAs) 13870
Capex planned for Major Projects 2020-21, approx INR 23,215 Cr
(1) Additional Rs. 2928 Cr planned for small projects.
Refining
18%
Pipelines
20%
Marketing
25%
PetChem
10%
Equity
investents in
JVs
21%
Others
6% Moving Forward ….
Consolidating Core
Business
60 MMTPA West coast
refinery
Brownfield
expansions
Enhanced customer
connect thru digital
initiatives
Cost leadership thru
business process
transformation
Increasing pipeline and
import capacity;
widening product mix
Commercialization of
R&D
Accelerating
Extended
Business
Building Natural gas import and transportation capacity
Developing Gas
Marketing Network
Petrochemical Capacitymaddition with expanding product portfolio
Strategic Partnership with leading
Companies for enhanced Synergy … to continue to be India’s flagship company
Getting Future
Ready
Bio-Fuel forays
Waste-to-Energy
2G/3G Ethanol
Bio CNG
Digital Transformation
Initiatives
Alternative Energy
Research, Hydrogen, Fuel
Cells and 3rd Generation
Biofuels
Scaling up Renewable
Energy Projects Our Differentiators: Strong Financials
Net Profit (in INR/Cr) and Dividends (%)
Turnover (in INR/Cr)
EBITDA (in INR/Cr)
EBITDA (%)
Dividend Payout Ratio (% of PAT)
33% 48% 52%
Contribution to FY20 EBITDA
*Adjusted for exceptional items and impairment loss
53% 297%
4,06,828 4,45,373
5,06,428
6,05,924 5,66,950
FY 16 FY 17 FY 18 FY 19 FY 20
23,371
35,990
43,114
36,952
11,051
FY 16 FY 17 FY 18 FY 19 FY 20
11,242
19,106
21,346
16,894
1,313
FY 16 FY17 FY18 FY19 FY20
Refining &
Marketing
58%
Pipelines
27%
Petchem
11%
Others
4%
Note: Fall in crude prices in Mar’20 due to Covid-19 pandemic led to extraordinary inventory loss in FY’20 Our Differentiators: Strong Financials
Debt / Equity
Net Worth (in INR/Cr) Cash breakdown & Debt (in INR/Trillion)
Debt Level (INR/Cr)
87,430
99,729
1,10,171 1,08,658
93,769
FY 16 FY17 FY18 FY19 FY20
52,880 54,820 58,030
86,359
1,16,545
FY 16 FY 17 FY 18 FY 19 FY 20
0.6x 0.6x 0.5x
0.8x
1.2x
FY 16 FY 17 FY 18 FY 19 FY 20
0.21 0.26 0.25 0.23
0.10
0.11
0.11 0.11 0.11
0.12
0.10
0.08 0.09 0.19
0.13
0.01 0.1 0.00
0.00
0.01
0.53 0.55 0.58
0.86
1.17
FY 16 FY 17 FY 18 FY 19 FY 20
Market Value of Investments Special Oil Bonds
Amount Recoverable from Govt. Cash Equivalents
Total Debt Conclusion
India’s Largest Oil Company …Focused on Creating Shareholder Value - Pan-India Pipeline Infrastructure
- Largest Refiner in the Country
- Leading Market Share Across the Portfolio
- Integrated Operations Across the entire Energy Value Chain
- Strong Focus on Innovation Through R&D and Alternate Energy Sources
- Driven by a Management Team That has Delivered Results
- With Strong Support from the Government of India
