Indian Oil Corporation Limited (IOCL) is the greatest oil refining and advancing association in India. Beside the 61.7 MMTPA (million tons for every annum) of existing refining limit inside the Indian Oil bundle, another refinery at Paradip, Orissa is creating a cutoff of 15 MMTPA.

The association similarly works more than 10,541 kilometers of grungy oil and thing pipelines. It in like manner has a retail arrangement of more than 18,643 outlets. Its social occasion associations consolidate Chennai Petroleum Corporation Limited, IndianOil (Mauritius) Ltd, Lanka IOC PLC, IOC Middle East FZE, IndianOil Technologies Ltd and IndianOil - CREDA Biofuels Limited.

Bharat Petroleum Corporation Limited (BPCL) is the second greatest oil refining and displaying association in India. It had a bit of the pie of 23% among individuals by and large portion oil associations in FY09 with 19.5 MMTPA (million tons for every annum) of presented refining limit.

The association has an arrangement of 8,402 retail outlets, 2,117 LPG shippers and 27 m LPG customers. Its helper, Numaligarh Refinery has a breaking point of 3 MMTPA. The association's totally guaranteed reinforcement Bharat PetroResources partakes in examination and creation, with participating eagerness for the range between East Timor and Australia.

BPCL also has a stake in Petronet CCK (49%), Petronet LNG (12.5%), Indraprastha Gas (22.5%), Central UP Gas (22.5%), Maharashtra Natural Gas (22.5%) and Sabarmati Gas (25%).

Current Valuations

IOC BPCL IOC/BPCL

P/E (TTM) x 11.0 12.0 91.4%

P/BV x 2.3 3.4 66.4%

Profit Yield % 3.9 4.7 84.3%

Offer Holding

IOC BPCL IOC/BPCL

Indian Promoters % 68.6 54.9 125.0%

Remote colleagues % 0.0 0.0 -

Indian inst/Mut Fund % 4.6 15.9 28.9%

FIIs % 2.4 12.2 19.7%

ADR/GDR % 0.0 0.0 -

Free buoy % 24.4 16.9 144.4%

Investors 179,744 87,110 206.3%

Vowed promoter(s) holding % 0.0 0.0 -