Indian Oil Corp. Ltd. · NSE:IOC
Indian Oil — Investor Presentation (2024)
25 slides from Indian Oil's investor presentation, 2024
Slide 1: Indian Oil Corporation Limited FY 2023-24
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 2416 Bn in FY24 ● 11 refineries with 80.80 MMTPA Capacity Largest Refiner in the Co
Slide 3: Awards & Recognition
Awards & Recognition IndianOil was awarded the prestigious National Energy Mr S M Vaidya, Chairman, IndianOil was Network18, India’s premier media group, conferred Conservation Award 2023 by the President of India bestowed with the prestigious title of ‘Friend of the prestigious ‘Green Ribbon Champi
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 Growth 2022 2023 2024 P 2025 P 20.54 India 6.8% 7.8% 6.8% 6.5% 12.89 14.01 China 3
Slide 5: Our Journey at a Glance
Our Journey at a Glance From a humble beginning to an Oil Giant FY24 31-Mar-24 31-Mar-24 Turnover Net Worth Retail Outlets 866345 200000 176715 40000 37472 1000000 (Rs./cr) (Rs./Cr) 35000 160000 800000 30000 120000 25000 600000 20000 400000 80000 15000 200000 10000 4482 40000 5000 0 0 0 1965 1975 19
Slide 6: Our Differentiators: Strong Financials
Our Differentiators: Strong Financials Turnover (in INR/Cr) Net Worth (in INR/Cr) 9,34,953 8,66,345 1,76,715 7,28,460 1,31,286 1,34,758 5,66,950 5,14,890 1,10,500 93,769 FY 20 FY 21 FY 22 FY 23 FY 24 FY20 FY21 FY22 FY23 FY24 Net Profit (in INR/Cr) and Dividends (%) EBITDA (in INR/Cr) 297% 50% 48% 50
Slide 7: 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) 31% 27% 13% 14% Strategically placed with 8% 6% 1% access to high demand market of North India IOCL Reliance HPCL BPCL Nayara ONGC Numaligarh Energy Note: Figures as of March 3
Slide 8: Unparalleled Network of Cross-Country Pipelines
Unparalleled Network of Cross-Country Pipelines Largest Pipeline Market Share - Downstream High-Capacity Utilization % 87 Others 84 73 25% Others IOC Others IOC 79 IOC 45% 55% 40% 60% 73 62 75% 100 110 99 Crude Oil Pipelines Product Pipelines Total Pipelines FY 22 FY 23 FY 24 Source: PPAC Website No
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 353(1) LPG Distributor 49% 55% SKO / LDO Dealerships 58% 12,880 3,830 Over 60,900 Customer touch-points 42% 51% 45% Retail Outlets Bulk Consumer Pumps 37,472 6,
Slide 10: Fuelling India's Growth
Fuelling India’s Growth Domestic POL Sales (MMT) 83.97 83.30 73.74 69.35 Total 13.3 13.6 LPG 0.7 0.5 13.1 12.9 14.3 Naptha 0.6 14.8 0.7 MS 12.3 4.5 11.2 4.8 0.3 ATF 3.1 0.3 2.3 1.0 1.2 SKO 39.1 37.1 HSD 30.9 32.7 FO/LSHS Bitumen 3.3 3.6 3.5 3.0 2.8 2.7 2.7 3.0 Lubes 3.6 4.2 4.7 4.9 Others 2020-21 20
Slide 11: One of the Leading Producer of Petrochemicals
One of the Leading Producer of Petrochemicals Major Capacities Sales Breakup (in INR/Cr) Project Capacity (MMTPA) Total: 28763 Total: 22851 Total: 27307 2,225 2,149 Panipat Naphtha Cracker 2.050 1,714 Polypropylene Plant -Paradip 0.680 Refinery 21,826 21,129 16,365 Panipat Px / PTA 0.700 Ethylene Gl
Slide 12: Gas: Moving towards Cleaner Fuel
Gas : Moving towards Cleaner Fuel Sales including internal consumption Gas: Landmark Achievements (in MMT) 7.85 Gas Sales: • Highest ever gas sales with more than 41% growth over LY Sourcing : • HOA with ADNOC LNG - 1.2 MMTPA & SPA with Total Energies - 0.8 MMTPA starting 5.59 5.56 5.34 5.30 from 20
Slide 13: Upstream Portfolio
Upstream Portfolio Production Overseas 4.30 3 1 7 11 Blocks 4.20 4.10 4.00 4.26 4.27 4.26 4.26 3.90 3.80 Domestic 1 7 1 5 1 15 3.88 Blocks 3.70 3.60 2019-20 2020-21 2021-21 2022-23 2023-24 Discovery Exploration Production (MMToe) Appraisal Under Development Production
Slide 14: Research & Development
Research & Development New avenues of collaboration • SPIC | TFL | CNH| CSIR-NPL| EKI | TERI |IIT Roorkie Cutting-edge solutions • Lubes | Catalysts | Additives | Petchem| Polymers | 2G/3G Bio-fuels | Hydrogen India’s first green hydrogen fuel cell buses 1636 Effective patents [as on 31.03.2024 ] •
Slide 15: Research & Development
Research & Development Unlocking a Greener Future Low Carbon Solutions IOCL's Transformative Research on Alternate Energy Fillip to Sustainability 1st, 2nd & 3rd Gen Bio-Methanation Hydrogen Value Biofuels Technology Chain Batteries / CO2 Capture & Solar Energy Fuel Cells Utilization Lubricants for
Slide 16: Investing In Future Growth
Investing In Future Growth Major Ongoing Projects Planned Capital Expenditure Outlay (1) (2024-25) Estimated Equity Investments in JVs, 5% Others, 1% Project Cost Gas, 3% (Rs Crore) R&D, 4% Panipat Refinery from 15 MMTPA to 25 MMTPA 38,231 (Inclusive of Petchem - Rs. 3250 Cr) Gujarat Refinery Exp (1
Slide 17: Diversified Across Geographies
Diversified Across Geographies IndianOil • Terminalling, Retailing, Aviation refueling & IOC Sweden • Investment company for Mauritius Ltd. E&P Project in Venezuela (IOML) Bunkering AB • 37,000 kiloliters Storage and Battery Technology (100% Stake) (100% Stake) Company in Israel Terminal • Auto fuel
Slide 18: Indian Oil Global Footprints
Indian Oil Global Footprints Sweden 3 USA Netherlands Nepal 2 UAE Bangladesh 1 2 3 1 1 1 2 Myanmar 3 4 Gift City, Gujarat Singapore 2 Sri Lanka Mauritius Downstream Upstream Rep / Branch Finance Subsidiaries Subsidiaries Offices Subsidiary 18
Slide 19: Sustainability at IndianOil
Sustainability at IndianOil NET-ZERO BY 2046 Capex of more than Rs 2 Lakh Crore
Slide 20: Focus on Green Initiatives
Focus on Green Initiatives H2 Green Hydrogen Renewable Energy • IndianOil is putting up a 10 KTPA Green Hydrogen Electrolyzer-based facility at • Current portfolio of 243 MW renewable energy Panipat Refinery. capacity • First Hydrogen Fuel Cell Buses in India • 401.50 million units of renewable powe
Slide 21: Reducing import dependence through Biofuels
Reducing import dependence through Biofuels Compressed Bio Gas (CBG) 1741 Active LOIs for Compressed Bio Gas (CBG) Marketing of CBG taking place from 32 plants through 88 Retail outlets o 7.77 TMT CBG sold in 2023-24 o Asia’s largest biomass based CBG plant of 33 TPD capacity in Sangrur, Punjab o 35
Slide 22: We have already begun this journey
We have already begun …And intend to consolidate all our this journey… green assets under one roof Renewables Wind: ~168 MW Solar: ~75 MW Ethanol 2G Ethanol Plant: ~100 KLPD 3G Ethanol Plant: ~128 KLPD IndianOil ranked 22nd in CBG 35 Plants; ~69 retail outlets the Global transition score ranking Sus
Slide 23: Conclusion
Conclusion Strong Returns Integrated across the • 115% jump in market cap in FY 23-24 entire energy value chain • Consistent high dividend payout Dominant position in Refining, Pipeline, Marketing, Petchem Strong Government support • Flagship Maharatna Company • Majority shareholding by GOI India po
Slide 24: Disclaimer
Disclaimer • This presentation may contain certain forward-looking statements including those describing the Company’s strategies, objectives, future prospects, estimates etc. These “forward looking statements” are based on certain assumptions of future events over which the Company exercises no con
Slide 25: Thank You!
Thank You!