Indian Oil Corporation Limited

Leading Indian government-owned refining and marketing company with 22 operational refineries and expanding CGD networks.

1959 | Mumbai, Maharashtra (India) | Active
Last Updated: June 28, 2024

Who are the key members and board of directors at Indian Oil Corporation?

Executive Team (2)

NameDesignationAppointment DateStatus
Anuj JainCFO09-Oct-2023Current
Kamal Gwalani Country flag representing InCompany Secretary01-Sep-2017Current

Board Members (15)

NameDesignationAppointment DateStatus
Ashutosh Pant Country flag representing In Director 24-Nov-2021Current
Sujoy Choudhury Country flag representing In Whole-Time Director 23-Feb-2022Current
Krishnan Sadagopan Country flag representing In Director 24-Nov-2021Current
Sukla Mistry Country flag representing In Whole-Time Director 07-Feb-2022Current
Ramnaresh Singh Country flag representing In Director 08-Apr-2022Current
Shrikant Vaidya Country flag representing In Whole-Time Director 14-Oct-2019Current

Financial Performance of Indian Oil Corporation.

Indian Oil Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.69% increase. The company also saw a substantial fall in profitability, with a 65.92% decrease in profit. The company's net worth moved up by a moderate rise of 2.64%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
28.69%
Revenue from Operations
28.41%
Total Assets
8.14%
Profit or Loss
-65.92%
Net Worth
2.64%
EBITDA
-49.67%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹29,500.00 Cr

Satisfied Charges

₹20,896.05 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 23300.00 Cr
  • Hdfc Bank Limited : 6200.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Mar 2008Hdfc Bank Limited₹6,200.00 CrOpen
25 May 1999State Bank Of India₹22,300.00 CrOpen
29 Sep 1997State Bank Of India₹1,000.00 CrOpen
18 Sep 2019Others₹587.00 CrSatisfied
22 Jun 2015Oil Industry Development Board₹711.25 CrSatisfied

How Many Employees Work at Indian Oil Corporation?

Indian Oil Corporation has a workforce of 14510 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

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Alerts

Latest Updates, News, and FAQs on Indian Oil Corporation

Recent activity within the organization

  • Director Appointment

    Rashmi Govil was appointed as a Additional Director was appointed as a Additional Director on 20 Mar 2024 & has been associated with this company since 10 months 7 days .

    20 Mar 2024

  • Director Appointment

    Alok Sharma was appointed as a Additional Director was appointed as a Additional Director on 31 Jan 2024 & has been associated with this company since 11 months 26 days .

    31 Jan 2024

  • Director Appointment

    Anuj Jain was appointed as a Additional Director was appointed as a Additional Director on 09 Oct 2023 & has been associated with this company since 1 year 3 months .

    09 Oct 2023

  • Annual General Meeting

    Indian Oil Corporation Limited last Annual general meeting of members was held on 25 Aug 2023 as per latest MCA records.

    25 Aug 2023

  • Director Appointment

    Nachimuthu Senthil Kumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Aug 2023 & has been associated with this company since 1 year 5 months .

    14 Aug 2023

  • Balance Sheet

    Indian Oil Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Indian Oil Corporation Limited was incorporated on 30 Jun 1959.

  • The authorized share capital of Indian Oil Corporation Limited is ₹ 30,000.00 Cr and paid-up capital is ₹ 14,121.24 Cr.

  • Currently 18 directors are associated with Indian Oil Corporation Limited.

    • Sujoy Choudhury
    • Krishnan Sadagopan
    • Sukla Mistry
    • Ramnaresh Singh
    • Shrikant Madhav Vaidya
    • Ashutosh Pant
    • Sudipta Kumar Ray
    • Nachimuthu Senthil Kumar
    • Dattatreya Rao Sirpurker
    • Prasenjit Biswas
    • Dilip Gogoi Lalung
    • Satish Kumar Vaduguri
    • Sunil Kumar
    • Anuj Jain
    • Anuj Jain
    • Alok Sharma
    • Rashmi Govil
    • Kamal Kumar Gwalani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Indian Oil Corporation Limited is Indian Oil Bhavan G-9 All Yavar Jung Marg, Bandra (East), Mumbai, Maharashtra, 400051.

  • The corporate identification number (CIN) of Indian Oil Corporation Limited is L23201MH1959GOI011388 and the company number is 011388 as per Ministry of Corporate Affairs (MCA).

  • Yes, Indian Oil Corporation Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): IOC.

  • The Official website of Indian Oil Corporation Limited is https://www.iocl.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Indian Oil Corporation Limited has risen by 28.69%.

  • As Per 2023 financial reports, 14510 employees are currently employed by Indian Oil Corporation Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Indian Oil Corporation Limited has experienced an upsurge of 2.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Indian Oil Corporation Limited amount to ₹ 29,500.00 Cr.

  • The most recent Balance Sheet for Indian Oil Corporation Limited was filed with the ROC on 31 Mar 2023.

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