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Indian Oil Corporation Limited (IOC.NS)

NSE - NSE Real Time Price. Currency in INR
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387.15-3.25 (-0.83%)
At close: 3:29PM IST

Indian Oil Corporation Limited

3079/3, J B Tito Marg
Sadiq Nagar
New Delhi 110049
91 11 2626 0000

SectorBasic Materials
IndustryOil & Gas Refining & Marketing
Full Time Employees

Key Executives

Mr. Sanjiv SinghChairman & Managing Director40kN/A57
Mr. Arun Kumar SharmaDirector of Fin. and Whole-Time Director47kN/A59
Mr. Raju RanganathanExec. Director of Law, Compliance Officer & Company Sec.4.24MN/AN/A
Mr. Balwinder Singh CanthDirector of Marketing and Whole-Time Director20kN/A59
Mr. Verghese CherianDirector of Human Resource and Whole-Time Director43kN/A60
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.


Indian Oil Corporation Limited, together with its subsidiaries, engages in refining, transporting, and marketing of petroleum products in India. It is also involved in the exploration and production of crude oil and gas; and marketing of natural gas and petrochemicals. The company’s products include petrol/gasoline, diesel/gas oil, lubricants and greases, auto gas, cooking gas, kerosene, LPG, bulk/industrial fuels, aviation turbine fuel/jet fuel, marine fuels and lubricants, and bitumen. In addition, it offers special products, such as benzene, carbon black feed stock, food grade hexane, jute batching oil, micro crystalline wax, mineral turpentine oil, paraffin wax, propylene, raw petroleum coke, sulphur, and toluene. The company operates approximately 11 refineries; a network of 11,746 kilometers crude oil, products, and gas pipelines; 25,000 petrol and diesel stations, including 6,700 Kisan Seva Kendra outlets in the rural markets; 129 bulk storage terminals and depots, 101 aviation fuel stations, and 91 LPG gas bottling plants; and approximately 6,475 bulk consumer pumps in 6,250 markets, as well as has a network of 9,100 LPG distributors. Indian Oil Corporation Limited’s exploration and production portfolio comprises eight oil and gas blocks in India; and seven blocks in Libya, Gabon, Nigeria, Yemen, Venezuela, Canada, and the United States. Further, it engages in the explosives and cryogenic businesses; wind mill and solar power generation activities; lube blending and marketing of lubricants; and plantation of Jatropha, and extraction of oil for bio-diesels. The company also exports its products. It serves consumer, industrial, and marine, as well as domestic and international flag carriers, private airlines, and the Indian defense services sectors. Indian Oil Corporation Limited was founded in 1959 and is based in New Delhi, India.

Corporate Governance

Indian Oil Corporation Limited’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.