About IOCL
IOCL is a Technology company founded in 1959. EProcurement system and energy services provided by IOCL. It operates in the Technology and Energy & Utilities sectors. The company has 14,510 employees. Its Indian entity Indian Oil Corporation Limited reported revenue of ₹891,213 Cr. IOCL offers products and services including Petroleum Products and eProcurement Services. Its focus areas include Energy, Procurement, eProcurement Systems and Digital Supply Chain.
Company details
The IOCL eProcurement System is maintained as a digital platform for handling procurement in the oil and gas sector, where electronic processes are employed to manage supplier interactions and bidding. Operations are focused on refining and distributing petroleum products, supporting industrial needs with efficiency. The company is recognized for its contributions to energy infrastructure, ensuring that supply chain activities are conducted transparently and effectively. Various services are extended to stakeholders, emphasizing reliability in a competitive market. Overall, it plays a key role in modernizing procurement practices within the industry.
- Employees 14,510
- SectorsTechnologyEnergy & Utilities
- Website iocletenders.nic.in
- Social LinkedIn X
- Legal Name Indian Oil Corporation Limited
- Date of Incorporation 30 Jun, 1959
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹891,213 Cr
FY 2026 · +3% YoY
- Indian entity net profit₹41,547 Cr
FY 2026 · 5% margin
- Indian entity EBITDA₹77,108 Cr
FY 2026 · 10% margin
- Employee Count14,510
Associated legal entities of IOCL
IOCL operates through Indian Oil Corporation Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Indian Oil Corporation Limited Listed CIN L23201MH1959GOI011388 | Active | 30 Jun 1959 | Mumbai, Maharashtra | ₹891,213 Cr | 14,510 | 10 | View details |
Products & Services of IOCL
IOCL offers a comprehensive portfolio of products and services, including Petroleum Products and eProcurement Services.
Refining and distribution of petroleum products are carried out by the company for various industrial applications.
eProcurement systems are provided to streamline supply chain processes in the oil industry.
Board of directors of Indian Oil Corporation Limited (IOCL)
Indian Oil Corporation Limited is the primary company behind IOCL. The board of Indian Oil Corporation Limited currently have 8 directors; the longest-serving is Anuj Jain, appointed in 2023. 104 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anuj Jain DIN 10310088 | Whole-time director | 09 Oct 2023 | 3 yrs 1 mo | Indian Oil Corporation Limited |
| Rashmi Govil DIN 10531397 | Whole-time director | 15 Mar 2024 | 2 yrs 8 mo | Indian Oil Corporation Limited |
| Sujata Sharma DIN 07775238 | Nominee Director | 11 May 2024 | 2 yrs 6 mo | Indian Oil Corporation Limited |
| Arvind Kumar DIN 09224177 | Whole-time director | 17 Jul 2024 | 2 yrs 3 mo | Indian Oil Corporation Limited |
| Arvinder Singh Sahney DIN 10652030 | Whole-time director | 13 Nov 2024 | 2 yrs | Indian Oil Corporation Limited |
| Suman Kumar DIN 09724749 | Whole-time director | 26 Feb 2025 | 1 yr 8 mo | Indian Oil Corporation Limited |
| Saumitra Priya Srivastava DIN 10236956 | Additional Director | 03 Oct 2025 | 1 yr 1 mo | Indian Oil Corporation Limited |
| Asokan Amarnath DIN 11690405 | Nominee Director | 05 Jun 2026 | 5 mo | Indian Oil Corporation Limited |
Financials of IOCL
Figures of Indian Oil Corporation Limited, the primary company behind IOCL, for FY 2026. Revenue was ₹891,213 Cr (+3% year on year). Net profit was ₹41,547 Cr (5% margin). EBITDA was ₹77,108 Cr (10% margin). Revenue has grown at a compounded annual rate of -2% over three years and +17% over five years.
- ₹891,213 CrRevenue · FY 2026 · +3% YoY
- ₹41,547 CrNet profit · 5% margin
- ₹77,108 CrEBITDA · 10% margin
- ₹14,121 CrPaid-up capital
- 14,510Employees (provident fund records)
- -2%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Indian Oil Corporation Limited are on its company page.
Detailed financial statements for IOCL
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of IOCL
Websites that share an audience with IOCL (iocletenders.nic.in).
Websites whose visitors overlap most with IOCL. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| hafed.gov.in | 78% | 8.3K | View details | ||
| gem.gov.in | 78% | 6.7M | #4,255 | View details | |
| bidassist.com | 59% | 163.3K | #156,085 | View details | |
| tendersontime.com | 57% | 443.8K | #121,914 | View details | |
| bhel.com | 56% | 215.6K | #69,406 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for IOCL
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Related news about Iocl
Complete news archive for IOCL
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Frequently Asked Questions about IOCL
IOCL was founded in 1959.
IOCL has 14,510 employees.
The primary company behind IOCL, Indian Oil Corporation Limited, reported revenue of ₹891,213 Cr for FY 2026, up 3% year on year.
The IOCL eProcurement System is maintained as a digital platform for handling procurement in the oil and gas sector, where electronic processes are employed to manage supplier interactions and bidding. Operations are focused on refining and distributing petroleum products, supporting industrial needs with efficiency. The company is recognized for its contributions to energy infrastructure, ensuring that supply chain activities are conducted transparently and effectively. Various services are extended to stakeholders, emphasizing reliability in a competitive market. Overall, it plays a key role in modernizing procurement practices within the industry.
IOCL offers Petroleum Products and eProcurement Services.
IOCL operates through Indian Oil Corporation Limited.
The legal entities of IOCL currently have 9 directors, including Saumitra Priya Srivastava, Rashmi Govil, Suman Kumar and others.