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Indian Oil Corporation Limited (IOC.NS)

NSE - NSE Real Time Price. Currency in INR
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98.05-2.85 (-2.82%)
At close: 3:30PM IST

Indian Oil Corporation Limited

3079/3, J.B. Tito Marg
Sadiq Nagar
New Delhi 110049

IndustryOil & Gas Refining & Marketing
Full-time employees32,998

Key executives

NameTitlePayExercisedYear born
Mr. Sandeep Kumar GuptaCFO, Director of Fin. & Director4.28MN/A1965
Mr. Kamal Kumar GwalaniCompliance Officer & Company Sec.5.7MN/AN/A
Dr. Gurmeet SinghDirector of Marketing & Whole-Time Exec. Director6.82MN/A1961
Mr. Ranjan Kumar MohapatraDirector of HR & Whole-Time Exec. Director6.66MN/A1965
Mr. Govind Kottieth SatishDirector of Planning & Bus. Devel. and Whole-Time Exec. Director6.61MN/A1961
Dr. S. S. V. RamakumarDirector of R&D and Whole-Time Exec. Director7.46MN/A1963
Mr. Manoj SharmaExec. Director of OperationsN/AN/A1961
Mr. Matthew ThomasExec. Director of Corp. Fin. & Treasury - Corp. OfficeN/AN/AN/A
Mr. Subrat NayakGen. Mang. of Information Systems - Refinery Head QuartersN/AN/AN/A
Arun Kumar GanjooExec. Director of Corp. Communications - Corp. OfficeN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes 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 the refining, pipeline transportation, 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 fuel, marine oils, and bitumen. In addition, it offers special products, such as carbon black feedstock, raw petroleum coke, Sulphur, paraffin wax, raw petroleum coke, jute batching oil, micro crystalline wax, mineral turpentine oil, toluene, propylene, benzene, and petcoke. The company operates through a network of approximately 9 refineries; 14,231 kilometers of crude/product and gas pipelines; approximately 27,702 fuel stations, including 7,857 Kisan Seva Kendra outlets; 125 terminals and depots; 91 LPG bottling plants; 116 aviation fuel stations; 6,960 consumer pumps; and approximately 11,964 LPG distributors. Indian Oil Corporation Limited's exploration and production portfolio comprises 10 oil and gas blocks in India; and 12 blocks in Canada, Gabon, Israel, Libya, Nigeria, Oman, Russia, the United Arab Emirates, the United States, and Venezuela. Further, it engages in the explosives and cryogenic; wind and solar power generation; lube blending; and lubricants and base oil marketing activities. The company also exports its products. It has strategic alliance with ENOC Group. The company was founded in 1959 and is based in New Delhi, India.

Corporate governance

Indian Oil Corporation Limited’s ISS governance QualityScore as of 2 December 2020 is 9. The pillar scores are Audit: 7; Board: 9; Shareholder rights: 8; Compensation: 1.

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 10 indicates higher governance risk.