Here is we can see about the list of top oil petroleum Refinery company in India. In FY 2019-20, the petroleum product consumption in India is 214 MMT.
The total number of Refined Petroleum retail outlets in India is over 69,100 with both state owned oil marketing companies and private Companies. With around 249.9 million metric tonnes (MMT) refining capacity, India is the second largest refiner in Asia.
List of Top Oil Petroleum Refinery Company in India
so here is the list of top oil petroleum refinery company in India which was sorted out based on the total sales. The list is arranged in descending order.
6. Oil & Natural Gas Corpn Ltd
The company refines crude oil through Its subsidiary company and it has a market share of around 6% in the Refining Industry. Maharatna ONGC is the largest crude oil and natural gas company in India, contributing around 75 percent to Indian domestic production.
Market Share: 6%
Crude oil is the raw material used by downstream companies like IOC, BPCL, and HPCL (a subsidiary of ONGC) to produce petroleum products like Petrol, Diesel, Kerosene, Naphtha, and Cooking Gas-LPG.
5. Nayara Energy Ltd
The Vadinar refinery (in Gujarat) is India’s second-largest single-site, state of the art refinery, which constitutes approximately 8% of India’s refining capacity.
Vadinar refinery (in Gujarat) India’s second-largest single – location refinery, capable of handling a diverse range of crude – from sweet to sour and light to ultra-heavy.
- Market Share: 8%
The Refinery has an annual capacity of 20 million metric tonnes (MMT) or 405,000 barrels per day (BPD). It is capable of processing some of the toughest crudes and yet produce high-quality Euro IV and Euro VI grade products. We can now produce high-quality Bharat Stage (BS-VI) compliant fuels that meet international standards. This brings us closer to global emission standards.
4. Hindustan Petroleum Corporation Ltd
HPCL owns & operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) of 7.5 Million Metric Tonnes Per Annum (MMTPA) capacity and the other in Visakhapatnam, (East Coast) with a capacity of 8.3 MMTPA.
- Market Share: 11%
- Market Cap: 30,690 Cr.
- ROE: 23.89 %
- Sales Growth (3Yrs): 15.69 %
- Promoter holding: 51.11 %
- Debt to equity: 0.94
- Price to book value: 1.02
HPCL also owns and operates the largest Lube Refinery in the country producing Lube Base Oils of international standards, with a capacity of 428 TMT. This Lube Refinery accounts for over 40% of India’s total Lube Base Oil production.
HPCL in collaboration with M/s Mittal Energy Investments Pte. Ltd. is operating an 11.3 MMTPA capacity Refinery at Bathinda with 48.99% equity and also holds equity of about 16.95% in the 15 MMTPA Mangalore Refinery and Petrochemicals Ltd. (MRPL).
3. Bharat Petroleum Corporation Ltd
Bharat Petroleum Corporation is engaged in the business of refining of crude oil and marketing of petroleum products. The company has a market share 15% in the Refining Industry
- Market Share: 15%
- Market Cap: 76,021 Cr.
- Current Price: 350.45
- Dividend Yield: 5.42 %
- ROCE: 18.47 %
- Promoter holding: 52.98 %
- Debt to equity: 1.13
- Price to book value: 1.88
India’s ‘best performing’ Maharatna Public Sector Undertaking, and its journey from being an Oil and Gas Company in India to a Fortune 500 oil refining, exploration, and marketing conglomerate.
2. Reliance Jamnagar Petroleum Refinery
The Jamnagar manufacturing division is the world’s largest refining hub With crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD). The entire refining complex was built in a record time at globally competitive capital costs – in fact, at costs much lower than comparable refineries around the world.
- Market Share: 27%
Reliance Jamnagar Petroleum Refinery is one of the divition of reliance Industry which is owned by the mukesh ambani
1. Indian Oil Corporation Ltd
IndianOil is India’s flagship Maharatna national oil company with business interests straddling the entire hydrocarbon value chain
- Pipeline transportation & marketing,
- Exploration & production of crude oil & gas,
It also has global aspirations, fulfilled to an extent by the formation of subsidiaries in Sri Lanka, Mauritius, the UAE, Sweden, USA and The Netherlands.
- Market Share: 32%
- Market Cap: 76,725 Cr.
- Dividend Yield: 11.35 %
- ROE: 15.36 %
- Sales Growth (3Yrs): 15.14 %
- Promoter holding: 51.50 %
- Debt to equity: 0.78
- Price to book value: 0.68
It is pursuing diverse business interests with the setting up of over 15 joint ventures with reputed business partners from India and abroad to explore global opportunities.
Read More about Top 10 Oil and Gas Companies in the World
Reliance Jamnagar Petroleum Refinery is the biggest refinery in India With a crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD).
Jamnagar is the location where the biggest refinery Located. The Jamnagar manufacturing division is the world’s largest refining hub With a crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD).
Reliance Jamnagar Petroleum Refinery is the world’s Largest Refinery.
Reliance Jamnagar Petroleum Refinery [ Biggest oil Refinery ] is one of the divition of reliance Industry which is owned by the mukesh ambani.