🔍 About Indian Oil Corporation (IOC)
- Maharatna PSU with 77% Government of India holding
- India’s largest refiner with 80.8 MMTPA capacity (11 refineries)
- Pipeline King: 20,000+ kms of downstream infra
- 63,000+ marketing touchpoints
- Strongest R&D setup among PSUs with 1689 patents and tech collabs with IISc, TERI, etc.
🧑💼 Key People to Watch
- CMD: Not named in the handout but usually leads these meets
- Kamal Kumar Gwalani (Company Secretary – the guy who sent this PDF to NSE/BSE)
💰 Financials Snapshot (2024–25)
(All values in ₹ Crores unless noted)
| Metric | Value |
|---|---|
| CapEx Planned (FY26) | ₹28,000 crore |
| Revenue (Est. FY25) | ₹6.1 lakh crore |
| Net Profit (Est.) | Not disclosed |
| EBITDA & Dividend Payouts | Not detailed |
| Green Infra Investment Target | ₹31 GW by 2030 |
🛢️ Business Mix Highlights
🔷 Refining
- 11 refineries under IOC group
- Group refining capacity: 80.8 MMTPA
- Upcoming upgrades in Panipat (to 25 MMTPA) & Barauni (to 9 MMTPA)
🟠 Marketing
- 40,221 Retail Outlets (yes, read that again)
- 12,919 LPG distributors
- Aviation, industrial, and bulk consumer touchpoints included
🟢 Green Energy Pivot
- 5.3 GW Renewable Energy Projects in pipeline via Terra Clean Ltd
- Battery swapping collab with Sun Mobility – 10,000 stations planned
- Hydrogen electrolyzer at Panipat
- 30 CBG (Compressed BioGas) plants targeted
- SAF (Sustainable Aviation Fuel) capacity under commissioning with LanzaJet
- 4 MMT biofuel and 1 MMT biogas target by 2030
🧪 R&D Flex Mode: Patents & Innovation
| Metric | Count |
|---|---|
| Patents Filed (Till FY25) | 1809 |
| Patents Granted (FY25) | 129 |
| Effective Patents (Total) | 1689 |
| Key Areas | Hydrogen, 3G biofuels, CBG, Lubricants, Catalysts |
🏗️ Ongoing Projects
| Project Location | Type | Completion |
|---|---|---|
| Panipat Refinery Upgrade | Refining | Dec 2025 |
| Paradip PTA Complex | Petrochemical | Apr 2026 |
| Barauni Expansion | Refining | Aug 2026 |
| New Crude Oil Pipeline | Infra (Guj-Raj-Haryana) | Dec 2025 |
Total CapEx: ₹28,000 crore (Big Bang YoY investment increase)
💹 Future Focus: Green 🟩, Gas 🟡, and Global 🟦
Green:
- From 0 to 31 GW renewable target by 2030
- Electrolyzer-based hydrogen production
- New battery manufacturing units coming by 2031 (5 GWh capacity)
Gas:
- IOC targets 15% market share in gas by 2030 (currently 6.3%)
Global:
- Scaling international tie-ups with Sun Mobility, LanzaJet, Phinergy, etc.
🧠 EduInvesting Take
IOC is the quintessential PSU boomer trying to go Gen Z. The guy who still wears Bata chappals but now quotes Elon Musk. Will all these green dreams come true? Maybe. But as long as the petrol pump outside your colony is lit up like a Diwali mela, IOC will stay relevant.
And let’s not forget: 63000 touchpoints + GOI’s love + refinery muscle = Bharat’s fossil fuel backbone.
But the ₹28,000 crore CapEx isn’t just to save dolphins. It’s IOC’s way of saying: “We’re not just oil. We’re everything.”
🧨 Risks & Red Flags
- Many projects are “under commissioning” – timelines could stretch.
- CapEx heavy future could affect dividends if oil margins shrink.
- Still 77% owned by Government – which means politics > profits sometimes.
- CBG and Hydrogen ventures are promising… but commercially unproven at scale in India.
🎯 Focus Keyword: Indian Oil Analyst Meet 2025
Meta Description: Indian Oil’s June 2025 analyst meet reveals big green dreams, ₹28K Cr CapEx, 31 GW renewable energy goal & 63,000+ touchpoints. Full breakdown.
🏷️ Tags:
Indian Oil, IOC Q4 FY25, PSU Stocks, Green Hydrogen India, Indian Oil Renewables, CapEx 2025, Analyst Meet, Battery Swapping India, Indian Oil Biofuel, EduInvesting
