Indian Oil Corp. Ltd. · NSE:IOC
Indian Oil — Investor Presentation (May 2019)
25 slides from Indian Oil's investor presentation, May 31, 2019
Slide 1: 31st May 2019
31st May 2019 Strictly Private and Confidential
Slide 2: Indian Oil Corporation: The Future of India Energy
Indian Oil Corporation: The Future of India Energy ● Maharatna Company; GoI Control: 52.18% Strong Support from the ● Government nominated Directors on IOC Board Government of India ● Contribution to exchequer of INR 1934 bn in FY19 ● 11 refineries with 80.70 MMTPA Capacity Largest Refiner in the Co
Slide 3: Our Journey at a Glance
Our Journey at a Glance From a humble beginning to an Oil Giant FY19 31-Mar-19 31-Mar-19 700000 120000.00 30000 27702 605924 600000 Turnover 108658 Retail 100000.00 Net Worth 25000 (Rs./cr) Outlets 500000 80000.00 (INR/Cr) 20000 400000 60000.00 15000 300000 40000.00 10000 200000 4482 77.82 20000.00
Slide 4: Well Poised to Leverage Strong Industry Dynamics
Well Poised to Leverage Strong Industry Dynamics Low per Capita Oil Consumption Represents an India is Among the World’s Fastest Growing Economies Underpenetrated Opportunity… Consumption in million barrel per day GDP 2017 2018 2019 P 2020 P Growth 19.96 India 7.17% 7.05% 7.26% 7.49% 12.89 12.47 Chi
Slide 5: IOC - The Largest Refiner in India
IOC - The Largest Refiner in India Strategic Presence With Access to High Demand Markets Leader in Refining Market Share(1) Strategically 32% 27% placed with 15% access to high 11% 8% 6% demand market of North India IOCL Reliance HPCL BPCL Nayara ONGC Digboi Note: Figures as of March 31, 2019. Energ
Slide 6: Championing Clean fuels
Championing Clean fuels BS VI Projects on track – Pan- India roll out by 1.4.2020 Preparedness for MARPOL 2nd Generation Ethanol Project at Panipat Improving refinery efficiency and processes Refinery off gas harvesting project for Painted Storks nesting at Mathura Refinery hydrocarbon production Wa
Slide 7: Unparalleled Network of Cross Country Pipelines
Unparalleled Network of Cross Country Pipelines Largest Pipeline Market Share - Downstream High Capacity Utilization % 94 91 94 Others 69 Others Others 76 81 27% IOC IOC IOC, 48% 41% 52% 59% 73% 119 105 106 Product Pipelines Total Pipelines FY 17 FY 18 FY 19 Crude Oil Pipelines Crude Product Indicat
Slide 8: Network Expansion
Network Expansion 94.2 MMTPA Liquid 21.69 MMSCMD Pipelines Capacity Gas Pipelines 840 Kms added in the Network Pipeline Length (km) Projects/ Replacements Completed 14,231 – Paradip-Haldia-Durgapur LPG Pipeline 13,391 – Jaipur-Panipat Naptha Pipeline 12,848 – 42”Crude Pipeline to CPCL – Kolkata
Slide 9: Marketing: Reach in Every Part of the Country
Marketing: Reach in Every Part of the Country Pan India Presence with Multiple Consumer Touch Points Leader in Market Infrastructure Others 332(1) LPG Distributor 50% SKO / LDO 11,964 57% 53% Dealerships 3,889 Over 50,984 Customer touch-points 50% 47% Retail Outlets Bulk Consumer 43% 27,702 Pumps 6,
Slide 10: Ensuring Availability and inclusive growth
Ensuring Availability and inclusive growth Domestic Footfall of 15 Million per day at ROs Rural Reach through 7857 KSKs Advanced 425 Kg Winter 55 Kg Kg 14.2 Kg Refuelling - stocking - 1,750 flights forward per day Defence locations LPG for All 2.5 Million Cylinders rolled out per day
Slide 11: Fuelling India's Growth
Fuelling India’s Growth Domestic POL Sales (MMT) 80.0 77.1 74.1 3.7% 11.6 10.8 10.1 4.1% LPG 10.9 11.6 10.1 Naphtha 4.5 4.8 MS 3.9 2.6 2.3 ATF 3.6 SKO HSD 36.5 37.1 FO/LSHS 35.4 Bitumen Lubes Others 3.3 3.2 3.2 2016-17 2017-18 2018-19 Sale of LPG crossed 1 MMT per month for the first time in Decembe
Slide 12: Moving Beyond the Traditional Value Chain
Moving Beyond the Traditional Value Chain Petrochemicals Gas LAB Sourcing PX / PTA Marketing Polymers, Glycols LNG Terminals Butadiene, SBR CGD Moving Beyond the Globalization Value Exports E&P Chain Consultancy Domestic Overseas Training Operatorship Downstream Marketing ^ RE&SD Wind, Solar
Slide 13: One of the Leading Producer of Petrochemical Products
One of the Leading Producer of Petrochemical Products Capacity Sales Breakup (in INR/Cr) Project Capacity (MT) Total: 20222 Total: 18531 Total: 21659 Guajarat LAB 120,000 1823 1730 Styrene Butadiene 1633 120 KTA Rubber Plant 14949 14245 13681 Panipat Px / PTA 553,000 Panipat Naphtha 3324 1,460,000 2
Slide 14: Upstream Portfolio
Upstream Portfolio Blocks’ Location Reserves & Production 5.00 300 Domestic 4.50 1 2 6 1 10 250 Blocks 4.00 3.50 200 3.00 4.44 2.50 150 Overseas 2 2 1 7 12 2.00 Blocks 100 1.50 2.66 1.00 50 Exploration 0.50 1.45 Discovery 0.00 0 Appraisal 2016-17 2017-18 2018-19 Under Development 2P/ 2C Reserves (MM
Slide 15: Recent Acquisitions
Recent Acquisitions Location Israel Location Abu Dhabi Location Oman Block Onshore Block 1 Block Mukhaizna Block Block 32 IOC Stake 17% IOC Stake 25% IOC Stake 50% Status Producing Status Exploration Status Exploration ..and Umatara Cluster, Assam a domestic discovered field where IndianOil is lead
Slide 16: Support to Start-ups
Support to Start-ups Technology Process Re-engineering Business Process Re-engineering Bio-formulation Enhanced Fleet Management Electronic Leak Detection Emissions Reduction Enhancing RO Automation Fuel Cell based Research Automated TT Locking Deriving Fuel Substitutes Leveraging IT for Retail Nano
Slide 17: Diversified Across Geographies and Energy Sources
Diversified Across Geographies and Energy Sources Geographical Diversification Diversification Across Sources Gas ● 40 City Gas Distribution under IOCL’s ambit (17-Standlone, 23-JVs) IndianOil • Aviation, terminal & Mauritius retail business ● 5 MMTPA LNG import, storage and Ltd. (IOML) • 27,335 MT
Slide 18: R&D Prowess
R&D Prowess • Technology Commercialisation 35 TMTPA INDAdeptG Plant Indigenous In-Line Pipeline Indigenously Developed at Guwahati Refinery Inspection Tool Delayed Coker at Barauni • 2nd R&D Campus – Upscaling Thrust Areas CO2 Refining Research Technology Pipeline Catalysts IndianOil R&D Research of
Slide 19: Focus on R&D
Focus on R&D Developing / Commercialising Indigenous Innovative Technologies 1000 effective World’s 1st CO2 to patents as of Lipid pilot plant 30.04.2019 IndeDiesel at Nano-additized Gujarat Refinery batteries New Campus in for BS VI Nano-additized Offing compliance LPG Indane Nanocut Sale : 1247 MT
Slide 20: Major Projects Completed (18-19)
Major Projects Completed (18-19) Distillates Yield Polypropylene Plant at Improvement Project Paradip Refinery (COKER) at Haldia Refinery Rs 3,150 Cr Rs 4,190 Cr #Feb 2019 # Jun’18 Paradip-Haldia-Durgapur Jaipur- Panipat- Naptha LPG Pipeline Pipeline Rs 1,330 Cr Rs 611 Cr #Dec’18 #Jan 2019 Grass Roo
Slide 21: Investing In Future Growth
Investing In Future Growth Major Ongoing Projects Planned Capital Expenditure Outlay (1) (2019-20) Estimated Cost Project (Rs Crore) (INR/Cr.) Ethylene Glycol Project (MEG) - Paradip Others, 6% 5,654 Petchem, 7% BS-VI Projects 16,338 Refining, 33% INDMAX unit at Bongaigaon 2,582 Paradip-Hyderabad Pi
Slide 22: Moving Forward ....
Moving Forward …. 60 MMTPA West coast Building Natural gas refinery import and transportation capacity Brownfield Commercialization of expansions - 28 R&D MMTPA plus by 2030 Expanding footprints Accelerating Raising Upstream in attractive Consolidating Core Extended Integration Ratio overseas Busine
Slide 23: Our Differentiators: Strong Financials
Our Differentiators: Strong Financials Turnover (in INR/Cr) EBITDA (%) Others 6,05,924 6% Refining 5,06,428 22% 4,50,756 Petchem 4,06,828 4,45,373 14% Pipelines 17% Marketing FY 15 FY 16 FY 17 FY 18 FY 19 41% Contribution to FY19 EBITDA Net Profit (in INR/Cr) and Dividends (%) EBITDA (in INR/Cr) 30%
Slide 24: Our Differentiators: Strong Financials
Our Differentiators: Strong Financials Net Worth (in INR/Cr) Cash breakdown & Debt (in INR/Trillion) 1,10,171 1,08,658 99,729 87,430 67,970 0.00 0.00 0.00 0.10 0.00 0.09 0.86 0.19 0.1 0.08 0.10 0.55 0.12 0.55 0.09 0.58 0.11 0.11 0.53 0.12 0.25 0.25 0.25 0.23 0.18 FY 15 FY 16 FY 17 FY 18 FY 19 FY 15
Slide 25: Conclusion
Conclusion India’s Largest Oil Company …Focused on Creating Shareholder Value 1 Largest Refiner in the Country 2 Pan-India Pipeline Infrastructure 3 Leading Market Share Across the Portfolio 4 Integrated Operations Across the entire Energy Value Chain 5 Strong Focus on Innovation Through R