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Indian Oil Corporation Limited (IOC.BO)

BSE - BSE Real-time price. Currency in INR
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168.15-2.70 (-1.58%)
At close: 03:42PM IST

Indian Oil Corporation Limited

3079/3, J.B. Tito Marg
Sadiq Nagar
New Delhi 110049
1800 2333 555

IndustryOil & Gas Refining & Marketing
Full-time employees31,095

Key executives

NameTitlePayExercisedYear born
Mr. Kamal Kumar GwalaniCompliance Officer & Company Secretary8.6MN/AN/A
Mr. Satish Kumar VaduguriDirector of Marketing & Whole-Time Director10.23MN/AN/A
Mr. Ranjan Kumar MohapatraExecutive Director & Head of IndianOil Institute of Petroleum Management9.29MN/A1965
Mr. Sujoy ChoudhuryDirector of Planning & Business Development and Whole-Time Director9.17MN/A1965
Ms. Sukla MistryDirector of Refineries & Whole-Time Director8.96MN/A1964
Mr. Anuj JainDirector of FinanceN/AN/A1971
Ms. Rashmi GovilDirector & Director Human ResourcesN/AN/A1971
Mr. Anant Kumar SinghChief Vigilance OfficerN/AN/A1968
Mr. Chandrasekaran Shankar TennankoreExecutive Director of Finance, Pipelines & Chief Risk OfficerN/AN/AN/A
Mr. Nachimuthu Senthil KumarDirector of Pipelines & DirectorN/AN/A1965
Amounts are as of 31 December 2023, 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. The company operates through Sale of Petroleum Products, Sale of Petrochemicals, and Other Business. It is also involved in the exploration and production of crude oil and gas, and petrochemicals; and marketing of natural gas. The company's products include petrol/gasoline, diesel, lubricants and greases, auto gas, compressed natural gas, cooking gas, kerosene, piped natural gas, liquified petroleum gas (LPG), bulk/industrial fuels, aviation fuel, marine oils, and bitumen, as well as LPG services. In addition, the company 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. Further, it engages in the explosives and cryogenic; wind and solar power generation; lube blending; bunkering; refining and pipeline consultancy; terminalling, retailing, and lubricants and base oil marketing activities, as well as provision of financial services. Additionally, the company operates Fuel@Call, a cloud-based technology platform for on-demand fuel delivery service for industrial and commercial customers; and provides non-fuel products comprising LPG stoves, hoses, kitchen aprons, gas lighters, and cylinder trolleys, as well as indoor solar cooking systems. The company operates through a network of approximately 9 refineries; approximately 17,000 kilometers of pipelines; approximately 36,285 fuel stations, including 11,732 Kisan Seva Kendra outlets; 45 CBG stations; 108 LPG bottling plants/terminals; 132 aviation fuel stations; 12,861 LPG distributors; 1,788 CNG stations; 10 lube blending plants; and 5,461 EV charging stations, including 76 battery swapping stations. 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 1 April 2024 is 7. The pillar scores are Audit: 7; Board: 7; Shareholder rights: 10; Compensation: 2.

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.