Indian Oil Corp. Ltd. · NSE:IOC
Indian Oil — Investor Presentation (2022)
25 slides from Indian Oil's investor presentation, 2022
Slide 1: Indian Oil Corporation Limited FY 2021-22
INDIAN OIL CORPORATION LIMITED FY 2021-22
Slide 2: Indian Oil Corporation: The Future of India Energy
Indian Oil Corporation: The Future of India Energy ● Maharatna Company; GoI Control: 51.50% Strong Support from the ● Government nominated Directors on IOC Board Government of India ● Contribution to exchequer of INR 2644 bn in FY22 ● 11 refineries with 80.60 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 FY22 31-Mar-22 31-Mar-22 Turnover 140000 131286 Retail Outlets 40000 (Rs./cr) 728460 100000 120000 Net Worth 35000 34559 800000 80000 (INR/Cr) 30000 600000 25000 60000 400000 20000 40000 77.82 15000 200000 20000 10000 4482 0 0 5000 1965
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 2019 2020 2021 2022 P Growth 19.96 India 3.7% -6.6% 8.9% 8.2% China 12.89 12.47 5.
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) 32% Strategically 27% placed with 14% 11% 8% access to high 6% 1% demand market of North India IOCL Reliance HPCL BPCL Nayara ONGC Numaligarh Energy Panipat Digboi Note: Figure
Slide 6: Championing Clean fuels
Championing Clean fuels Ethanol blending in MS increased to 7.96% in FY’22 from 5.95% in Awarded 2188 FY’21 LOIs for Compressed Bio Gas 2nd & 3rd Generation Ethanol Project at Panipat Setting up Country’s 1st Green Hydrogen plant at Mathura & Panipat Refineries. On way to commission of India’s first
Slide 7: Unparalleled Network of Cross-Country Pipelines
Unparalleled Network of Cross-Country Pipelines Largest Pipeline Market Share - Downstream High-Capacity Utilization % 90 87 Others 80 Others Others 27% 83 48% IOC 42% IOC 69 73 IOC 52% 58% 73% 98 91 100 Crude Oil Pipelines Product Pipelines Total Pipelines FY 20 FY 21 FY 22 Crude Product Indicate T
Slide 8: Network Expansion
Network Expansion 96.1 MMTPA Liquid 21.69 MMSCMD Pipelines Capacity Gas Pipelines Dahej - Koyali RLNG Pipeline commissioned for economical and Pipeline Length (km) uninterrupted supply of RLNG to Koyali Refinery for its captive use 15,007 15,010 Chennai-Trichy-Maduari product pipeline 14,668 (CT
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 338(1) LPG Distributor 49% 52% SKO / LDO Dealerships 12,813 58% 3,871 Over 58,500 Customer touch-points 51% 48% 42% Retail Outlets Bulk Consumer Pumps 34,559 6,
Slide 10: Ensuring Availability and inclusive growth
Ensuring Availability and inclusive growth Lube Sales Domestic growth of 24% (including Exports) Rural Reach through Retained pole 11026 KSKs 425 Kg position in SERVO super 55Kg Kg Aviation Fuel brand 14.2 Kg Fuelling at 126 Presence in 2 Kg 5 Kg locations with 35 countries Market share Over 58,500
Slide 11: Fuelling India's Growth
Fuelling India’s Growth Domestic POL Sales (MMT) (Includes Own Use) 3.7% 83.18 81.93 80.21 (Impact of COVID) 1.5% 72.74 6.6% 77.52 11.5 12.2 11.3% LPG 10.8 4.4 13.2 Naptha 4.1 4.2 12.8 11.6 4.0 MS 10.9 12.1 3.7 12.3 ATF 4.5 4.8 2.3 4.8 11.2 2.6 1.6 3.1 SKO 2.3 1.0 1.2 HSD FO/LSHS 36.5 37.1 36.1 31.0
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 E&P Value Chain Exports Domestic Consultancy 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: 16227 Total: 19993 Total: 28763 2,225 Gujarat LAB 120,000 Butadiene Extraction + 1179 Styrene Butadiene Rubber 258,000 1491 21,826 Plant 15613 Panipat Px / PTA 553,000 11946 Panipat
Slide 14: Upstream Portfolio
Upstream Portfolio Production Overseas 3 1 7 4.60 Blocks 11 4.40 4.20 4.00 Domestic 1 3 1 3 1 9 Blocks 3.80 4.40 4.26 4.26 3.60 3.88 3.70 3.40 3.20 Discovery 2017-18 2018-19 2019-20 2020-21 2021-22 Exploration Appraisal Production (MMToe) Under Development Production
Slide 15: Research & Development
Research & Development New avenues of collaboration • SolPed International-Israel | BARC | L&T | SAIL | ONGC FIPI INNOVATOR OF THE YEAR TEAM AWARD Cutting-edge solutions • Lubes | Catalysts | Additives | Petchem| Polymers | India’s First Fuel Cell Grade 2G/3G Bio-fuels | Hydrogen Hydrogen Dispensing
Slide 16: Gas – Moving towards Cleaner Fuel
Gas – Moving towards Cleaner Fuel Sales including internal consumption Gas: Landmark Achievements (in MMT) LNG@Doorstep 4.77 4.82 4.72 o Highest Ever Monthly Sale of 12 TMT by Road Tankers in September 2021 3.96 3.86 o Highest ever LNG Sales ~105 TMT through Road Tankers for 2021-22 2017-18 2018-19
Slide 17: Reducing import dependence through Biofuels
Reducing import dependence through Biofuels Awarded 2188 LoIs for Compressed Bio Gas (CBG) Marketing of CBG taking place from 16 plants through 28 Retail outlets. • 3891 MT CBG sold in 2021-22 • Asia’s largest biomass based CBG plant of 33 TPD capacity commissioned in Sangrur , Punjab Biodiesel from
Slide 18: tap
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Slide 19: Diversified Across Geographies and Energy Sources
Diversified Across Geographies and Energy Sources Geographical Diversification Diversification Across Sources Bio -Fuels ● Commissioning of 100 kl/day 2G IndianOil • Aviation, terminal & retail ethanol plant and 128 kl/day 3G Mauritius Ltd. business (IOML) Ethanol Plant at Panipat scheduled in • 33,
Slide 20: Indian Oil Global Footprints
(cers Indian Oil Global Footprints 4 ees Netherlands ¢ - 45 =® . auto st a e NORTH PACIFIC anit 1 “ ia . ad OCEAN - ,. ii PACIFIC NORTH ATLANTIC ocean ff OCEAN = = Singapore ge BR a ae SOUTH PACIFIC OCEAN SOUTH ATLANTIC OCEAN Upstream Downstream = ik i Subsidiaries Subsidiaries SOUTHERN OCEAN
Slide 21: Investing In Future Growth
Investing In Future Growth Major Ongoing Projects Planned Capital Expenditure Outlay (1) (2022-23) Estimated Equity Project Cost Others, 2% Investments (Rs Crore) in JVs, 8% Panipat Refinery from 15 MMTPA to 25 MMTPA Refining, 34,627 R&D, 5% 27% (Inclusive of Petchem - Rs. 3250 Cr) Gujarat Refinery
Slide 22: Moving Forward ....
Moving Forward …. Brownfield expansions Building Natural gas import and transportation capacity Commercialization of Enhanced customer connect R&D Strategic Partnership thru digital initiatives Accelerating with leading Companies for Extended Developing Gas enhanced Synergy Business Marketing Networ
Slide 23: Our Differentiators: Strong Financials
Our Differentiators: Strong Financials Turnover (in INR/Cr) EBITDA (%) Others 728,460 8% Petchem 605,924 12% 566,950 506,428 514,890 Pipelines 13% Refining 55% Marketing 12% FY 18 FY 19 FY 20 FY 21 FY 22 Contribution to FY22 EBITDA Net Profit (in INR/Cr) and Dividends (%) EBITDA (in INR/Cr) 52% 53%
Slide 24: Our Differentiators: Strong Financials
Our Differentiators: Strong Financials Net Worth (in INR/Cr) Cash breakdown & Debt (in INR/Trillion) 131,286 110,171 108,658 110,500 93,769 1.17 0.1 1.11 1.02 0.00 0.09 0.86 0.19 0.01 0.01 0.02 0.00 0.58 0.11 0.11 0.13 0.01 0.12 0.12 0.12 0.25 0.23 0.23 0.10 0.15 FY 18 FY 19 FY 20 FY 21 FY 22 FY18 F
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 • Strong Focus on Innovation Through R&D