8/12/2019 28495606 Indian Oil Corporation Ltd

1/14

Vision, Mission & Values Vision

A major diversified, trans-national, integrated energy company, with national leadership and a strongenvironment conscience, playing a national role in oil security & public distribution.

Mission

To achieve international standards of excellence in all aspects of energy and diversifiedbusiness with focus on customer delight through value of products and services, and costreduction.

To maximise creation of wealth, value and satisfaction for the stakeholders. To attain leadership in developing, adopting and assimilating state-of-the-art technology for

competitive advantage. To provide technology and services through sustained esearch and !evelopment. To foster a culture of participation and innovation for employee growth and contribution. To cultivate high standards of business ethics and Total "uality #anagement for a strong

corporate identity and brand e$uity.

To help enrich the $uality of life of the community and preserve ecological balance andheritage through a strong environment conscience.

Values - %alues we nurture

Care - stands for oncern 'mpathy (nderstandin

g ooperation

'mpowerment

Innovation - stands for reativity Ability to learn )lexibility

hange

Passion - stands for ommitment !edication *ride +nspiration wnership

eal & est

Trust - stands for

!elivered*romises eliability !ependability +ntegrity Truthfulness

Transparency

Profile Vision

A major diversified, transnational, integrated energy company, with national leadership and a strong

8/12/2019 28495606 Indian Oil Corporation Ltd

2/14

environment conscience, playing a national role in oil security & public distribution. Distinctions+ndian il orporation td. /+ndian il0 is +ndia1s largest commercial enterprise, with a sales turnover of s.2,34,345 crore /(6 7 89.4: billion0 and profits of s. 8,58; crore /(6 7 9.43 billion0 for the year 2::4-:::1 listing, havingmoved up 95 places to the 998th position in 2::

8/12/2019 28495606 Indian Oil Corporation Ltd

3/14

the ) unit coming up at ? * .

A wholly-owned subsidiary, +ndian il Technologies td., is engaged in commercialising the innovations andtechnologies developed by +ndian il1s &! entre.

Customer %irst At +ndian il, customers always get the first priority. Bew initiatives are launched round-the-year for theconvenience of the various customer segments.

'xclusive CT A A ' petrol & diesel stations unveiled in select urban and semi-urban markets offer arange of value-added services to enhance customer delight and loyalty. arge format Swagat brand outletscater to highway motorists, with multiple facilities such as food courts, first aid, rest rooms and dormitories,spare parts shops, etc. 6pecially formatted Kisan Seva Kendra outlets meet the diverse needs of the ruralpopulace, offering a variety of products and services such as seeds, fertilisers, pesticides, farm e$uipment,medicines, spare parts for trucks and tractors, tractor engine oils and pump set oils, besides auto fuels andkerosene. SERVOXpress has been launched recently as a one-stop shop for auto care services.

To safeguard the interest of the valuable customers, interventions like retail automation, vehicle tracking andmarker systems have been introduced to ensure $uality and $uantity of petroleum products.

$ ner# t"rou#" $u sidiaries

A wholly-owned subsidiary, +ndian il Technologies td., is engaged in commercialising the innovations andtechnologies developed by +ndian il1s &! entre, across the globe. The year 2::,>;,:::tonnes0 for polyester intermediates is already in operation at *anipat, while a Baphtha racker with acapacity of

8/12/2019 28495606 Indian Oil Corporation Ltd

4/14

time were also provided during the year 2::4-:: petrol & diesel stations in 6ri anka, and has a very efficient lubemarketing network. +ts oil terminal at Trincomalee is also 6ri anka1s largest petroleum storage facility.anka + commissioned an 94 crore in the previous year. The *rofit After Taxwas s. 2,5>: crore.

The orporation sold 82.8 million tonnes of petroleum products during the year 2::5.;: million tonnes during the previous year. This includes sale of natural gas, which has gone up to 9.4million tonnes in 2::9.3 million tonnes. +ts pipelines network too registered the highest ever operationalthroughput of >5.> million tonnes of crude oil and petroleum products. Among new businesses, Batural =as#arketing and *etrochemicals together generated revenues of over s >,9:: crore during the year 2::

8/12/2019 28495606 Indian Oil Corporation Ltd

5/14

2efineries Division

ead ffice 6 *' omplex, ore-24, +nstitutional Area, odhi oadBew !elhi -99:::;

?arauni efinery *. . ?arauni il efinery,!ist. ?egusarai -

8/12/2019 28495606 Indian Oil Corporation Ltd

6/14

2, =ariahat oad, 6outh /!hakuria0Molkata -4:: :83- , !r. Annie ?esant oad,Lorli olony, #umbai -3:: :2>

6outhern egion +ndian il ?havan9;5, Bungambakkam igh oad

2&D Centre

&! entre 6ector 9; )aridabad -929 ::4/ aryana0

Pi!elines Division

ead ffice A-9 (dyog #arg,6ector-9, Boida-2:9;:9

Borthern egion *. . *anipat efinery*anipat -9;2 93: / aryana0

Lestern egion *. . ?ox 9::4,?edipara,#orvi oad,=auridad,ajkot-;8: ::;

6outhern egion 9;5, Bungambakkam igh oadhennai - 8:::;3

3ssam /il Division

Assam il !ivision *. . !igboi -48< 949/Assam0

IBP Division

+?* !ivision ;3-A, Birmal handra 6treet,Molkata - 4:: :9;

?usiness =roup/ ryogenics0 6ewri Terminal ++,6ewri /'ast0,#umbai - 3:: :9>

?usiness =roup/ ryogenics0, A-3, #+! , Ambad,Bashik - 322 :9:

4rou! Com!anies

hennai *etroleum orporation td. >;8, Anna 6alai,Teynampet, hennai - 8:: :9 ##T*A grassroots refinery is being constructed at *aradip in the 6tateof rissa. The refinery will have, apart from a rude and %acuum !istillation (nit, aydrocracking (nit, a !elayed oker (nit and other secondary processing facilities. This will bethe most modern refinery in +ndia with nil residue production and the products would meetstringent specifications. ;;33 acre of land has been taken over by +ndian il and necessaryinfrastructure development jobs prior to setting up of the main refinery are progressing.

25$ID15 1P423D3TI/N 3ND M$IT6 IMP2/V5M5NT P2/75CT 3T 417323T25%IN526

Project Cost: s. >,9

Project Cost: s. 2,

8/12/2019 28495606 Indian Oil Corporation Ltd

8/14

Brief Descri!tion: The project comprises installation of facilities for improvement in !iesel$uality and !istillate yield / ydrocracker0 at aldia and the capacity expansion of the efineryfrom 8 ##T*A to 4.> ##T*A. This involves nce through ydrocracking (nit / (0,ydrogen (nit, 6ulphur ecovery (nits, revamp of rude !istillation (nits and related utilities &offsite facilities.

N3P(T(3 C23C@52 3ND P/>6M52 C/MP>5? 3T P3NIP3T 8(3263N39

Project Cost: s. 93,3;5.:: crore

5;!ected Commissionin#: Bovember 2::5

Benefit: This project is a cornerstone for +ndian il1s entry into petrochemicals and a newbusiness line for growth. )or the 6tate of aryana, this project shall lay the foundation forcreation of a world-class petrochemicals hub, which will engender significant industrial activity inthe coming years.

Brief Descri!tion: The project envisages setting up of a Baphtha racker based on captiveutilisation of naphtha from *anipat, #athura and Moyali refineries of +ndian il. Lith a capacity ofIT6 1P423D3TI/N P2/75CT 3T P3NIP3T 25%IN526 8(3263N39

Project Cost: s. 9,9;9.:: crore

5;!ected Commissionin#: !ecember, 2::5

Benefit: The implementation of this project will improve the $uality of #6 to conform to 'uro-++H'uro-+% e$uivalent norms.

Brief Descri!tion: The major process units under this project are *'B'C /+somerisation0,Baphtha T(, eformate 6plitter and ) =asoline !esulpurisation (nit.

%CC 43$/>IN5 D5$1>P(12I$3TI/N 1NIT 3T M3T(123 25%IN526 81TT32 P23D5$(9

Project Cost: s. ;3IT6 1P423D3TI/N P2/75CT 3T 41'3(3TI 25%IN526 83$$3M9

Project Cost: s. ;42.:: crore

8/12/2019 28495606 Indian Oil Corporation Ltd

9/14

5;!ected Commissionin#: Kune, 2:9:

Benefit: The implementation of this project will improve the $uality of #6 to conform to 'uro-+++e$uivalent norms.

Brief Descri!tion: The major process units under this project are +somerisation, ight Baphtha6plitter, Baphtha ydrotreater and +ndmax =asoline 6plitter.

M$ =13>IT6 1P423D3TI/N P2/75CT 3T DI4B/I 25%IN526 83$$3M9

Project Cost: s. ;>8.:: crore

5;!ected Commissionin#: Kune, 2:9:

Benefit: The implementation of this project will improve the $uality of #6 to conform to 'uro-+++e$uivalent norms.

Brief Descri!tion: The major process units under this project are +somerisation, Baphtha6plitter, Baphtha ydrotreater and eformate 6plitter.

D3D2I-P3NIP3T 2->N4 $P12 PIP5>IN5

Project Cost: s. 25 PIP5>IN5

Project Cost: s. 98>.:: crore

5;!ected Commissionin#: )ebruary, 2::5

Benefit: This is a low cost expansion scheme of #undra-*anipat crude oil pipeline system formeeting the additional crude oil re$uirement of *anipat refinery to the tune of ; ##T*A.

Brief Descri!tion: *roject consists of laying a 22 inch diameter 2: M# long loopline in Mot-?eawar section and conversion of adhanpur scraper station to pumping station while addingpumping units at #undra, Mot, 6anganer and ewari.

P3NIP3T 25%IN526 5?P3N$I/N %2/M * MMTP3 T/ MMTP3

Project Cost: s. 9,::4./25 P2/D1CT PIP5>IN5

Project Cost: s. 24;.:: crore

5;!ected Commissionin#: !ecember, 2::5

8/12/2019 28495606 Indian Oil Corporation Ltd

10/14

Benefit: The pipeline will facilitate effective evacuation of products from * refinery inhennai and ensure uninterrupted, regular and economical transportation of petroleum productsto ?angalore-fed areas in a cost-effective manner.

Brief Descri!tion: *roject consists of laying 93H92-inch diameter 25: km long product pipelinefrom * refinery, hennai to existing T * at !evanagonthi /?angalore0.

2eco#nitions +ndian il has been recognised as a leading player in the countryFs energy sector with its well known brands.og into this section to know more about the awards bestowed upon the company for sustained deliveranceof $uality. This recognition speaks volumes about the focussed executive management at +ndian il thatdirects and motivates the firm and its employees towards larger goals.

Products +ndian il is not only the largest commercial enterprise in the country it is the flagship corporate of the+ndian Bation. ?esides having a dominant market share, +ndian il is widely recogniGed as +ndiaFsdominant energy brand and customers perceive +ndian il as a reliable symbol for high $uality productsand services.

?enchmarking "uality, "uantity and 6ervice to world-class standards is a philosophy that +ndian iladheres to so as to ensure that customers get a truly global experience in +ndia. ur continuedemphasis is on providing fuel management solutions to customers who can then benefit from ourexpertise in efficient sourcing and least cost supplies keeping in mind their usage patterns andinventory management.

+ndian il is a heritage and iconic brand at one level and a contemporary, global brand at another level.Lhile $uality, reliability and service remains the core benefits to our customers, our stringent checksare built into operating systems, at every level ensuring the trust of over a billion +ndians over the lastfour decades.

ur etail ?rand template of Ctra are/(rban0, 6wagat/ ighway0 and Misan 6eva Mendras/ ural0 arewidely recogniGed as pioneering brands in the petroleum retail segment. +ndian ilFs leadership extendsto its energy brands - +ndane *=, 6' % ubricants, Autogas *=, Ctra*remium ?randed *etrol,Ctra#ile ?randed !iesel, Ctra*ower )leet ard, +ndian il Aviation and Ctra ewards cash customerloyalty programme.

%IN3NCI3> $T3T5M5NT$ %/2 INDI3N /I> C/2P0 >TD0 8I/C9

Although debt as a percent of total capital increased at +ndian il orp. td. over the last fiscal year to3>.5.42 days of its ost of=oods 6old tied up in inventory.

8/12/2019 28495606 Indian Oil Corporation Ltd

11/14

BALANCE SHEET

urrency in#illions of +ndian upees

As ofI Apr :22::>

estated

Apr :22::8

estated

Apr :22::4

estated

Apr :22::,;>;.9 985,4;3.8

Accounts eceivable 33,343.9 >:,;:5.2 >9,855.4 >2,>83. 3.4 -- --

!eferred harges, ong Term ;:. 39,232.4

T TA A66'T6 4>9.; 9,289,84

8/12/2019 28495606 Indian Oil Corporation Ltd

12/14

urrent +ncome Taxes *ayable >,48;.9 2,;2>.9 92,5;8.9 ;,928.8

ther urrent iabilities, Total 58.5

T TA ( 'BT +A?+ +T+'6 ;>:,;88.> 323,;: ;.9 3>:,:>5.4 8:2,>;>>.; >2,2858.9 89,9;;. -;8;.5

urrency 'xchange =ains / oss0 9,8>2.4 -2,2.; >,94>.> 9>,238.;

ther Bon- perating +ncome /'xpenses0 -;29.5 228.2 -99,>9>.3 2,52:.5

'?T, 'C (!+B= (B(6(A +T'#6 43,24:.8 89,5,8;5.3

#erger & estructuring harges -882.9 -9,;.< 9,: 9,539.8

'?T, +B (!+B= (B(6(A +T'#6 4>,;>

8/12/2019 28495606 Indian Oil Corporation Ltd

14/14

B'T +B #' T ## B +B (!+B= 'CT A+T'#6 >3,852.; 35,;23.2 4 45,924.3

B'T +B #' T ## B 'C (!+B= 'CT A+T'#6 >3,852.; 35,;23.2 4 45,924.3