Top 5+ Largest Oil Refinery Company in India 2020

Which is the Oldest Oil Refinery in India? or Which is the Oldest Refinery in India?

Digboi Refinery, commissioned on 11th December 1901 by Assam Oil Company Ltd, is India’s oldest refinery and one of the oldest refineries in the world.

Digboi refinery is known as the birthplace of the Oil Industry in India.

Where is the Biggest Oil Refinery in India?

Jamnagar is the location where the biggest refinery is Located. The Jamnagar manufacturing division of the Jamnagar refinery is the world’s largest refining hub, With a processing capacity of crude is 1.24 million Barrels Per Stream Day (BPSD).

Which is World’s Largest Oil Refinery?

Reliance Jamnagar Petroleum Refinery is the world’s Largest Refinery.

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Which is the Largest Oil Refinery in India? or Which is the Largest Petroleum Refinery in India?

Jamnagar Refinery is a private sector oil refinery owned by Reliance Industries Limited in Jamnagar, Gujarat.

The refinery was commissioned on 14 July 1999, with an installed capacity of 668,000 BPSD (106,200 m3/d). Jamnagar Refinery is the largest refinery in the world.

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List of Oil Refineries in India with Revenue

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List of Oil Refineries in India

Here, list of Refineries in India.

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Best Oil Refinery in India As per Revenue

Here, list of Oil Refinery list as per rating of revenue.

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List of Top Oil Petroleum Refinery in India

Here, the list of Petroleum Refineries in India.

• Indian Oil Corporation Ltd
• Reliance Jamnagar Petroleum Refinery
• Bharat Petroleum Corporation Ltd
• Hindustan Petroleum Corporation Ltd
• Nayara Energy Ltd
• Oil & Natural Gas Corporation Ltd

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#1. Indian Oil Corporation Ltd

Indian Oil Corporation Ltd has two major competitors in India, known as Hindustan Petroleum and Bharat Petroleum, both are state-controlled, but Essar Oil and Reliance Petroleum are two more competitors in the private sector.

Indian Oil Corporation was founded in 1959 and Its headquartered located in New Delhi, India. IOCL was offering a product range like fuels, petrochemicals, lubricants.

Indian Oil Corporation is the largest gas and oil company in India, also Indias largest oil company and the most profitable, state-owned company, followed by Natural Gas and Oil Corporation.

• Refining,
• Pipeline transportation & marketing,
• Exploration & production of crude oil & gas,
• Petrochemicals,

Indian Oil Corporation has global aspirations, subsidiaries in the USA, Sweden, Mauritius, Sri Lanka, the UAE, 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

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#2. Reliance Jamnagar Petroleum Refinery

Reliance Petroleum Refinery is based in Ahmedabad, and the Jamnagar Refinery, which is the largest refinery in the world and is owned by Reliance Industries Limited.

Reliance Industries Limited (RIL) is an Indian conglomerate holding company, and its headquarters is located in Mumbai, Maharashtra, India. Reliance owns businesses across India engaged in petrochemicals, textiles, retail, energy, natural resources, and telecommunications.

The Jamnagar manufacturing division of Reliance is the world’s largest refining hub With a processing capacity of crude is 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 divination of reliance Industry which is owned by the Mukesh Ambani.

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#3. Bharat Petroleum Corporation Ltd

Bharat Petroleum Corporation Ltd is an Indian state-controlled oil and gas company, and it is India’s second-largest gas and oil company and also one of the world’s biggest corporations, headquartered in Mumbai.

Bharat Petroleum Corporation Ltd operates the refineries in India at Kochi Refineries, Numaligarh Refinery, Mumbai Refinery and is owned by the Government of India.

Bharat Petroleum Corporation Ltd has four refiners who are as follows-

• Mumbai Refinery
• Kochi Refineries
• Bina Refinery
• Numaligarh Refinery

The Bharat Petroleum Company has effectively turned-over 40+ Billion Dollars, and it has 15,000+ employees.

The Bharat Petroleum Company has two major refineries situated in Cochin and Mumbai. S. Varadarajan is Managing Director and Chairman of the Bharat Petroleum. It is also another undertaking of the Government of India.

• 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

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#4. Hindustan Petroleum Corporation Ltd

HPCL (Hindustan Petroleum Corporation Limited) was founded in the year 1974 and Its headquartered located in Mumbai, Maharashtra.

HPCL product range is natural gas, oil, natural gas, lubricant, petroleum, petrochemical, etc. HPCL’s business turnover of 8 Million Dollars and it has more than 18000 employees.

The government of India owns 51.11% in HPCL, and it was listed in the Fortune Global 500 list of the world’s biggest corporations in 2016.

M.K. Suvarna is managing director and Chairman of the Hindustan Petroleum Corporation Limited.

• 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 collaborates with M/s Mittal Energy Investments Pvt. 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).

HPCL operates 2 major refineries for producing a wide variety of petroleum fuels & specialties, one is Visakhapatnam (East Coast) of 8.3 capacity MMTPA and Mumbai (West Coast) of 7.5 MMTPA capacity.

HPCL also operates and owns 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.

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#5. Nayara Energy Ltd

Essar Oil Limited is also known as Nayara Energy Ltd, which operates a major refinery in Vadinar. Nayara Energy was founded in the year 1989 and Its headquartered in Mumbai, Maharashtra.

The Chairman of Nayara Energy Ltd is Ravi Ruia, and Lalit K Gupta is the Managing director and the CEO.

Nayara Energy Ltd is the second largest non-state refinery in all over India. Nayara Energy Ltd is owned by a Russian oil company, Rosneft 49% stack.

The company is engaged in the production and exploration of natural gas and oil, purifying of crude oil, refining, advertising of petroleum products, and marketing of oil and oil-related products.

• Market Share: 8%

Nayara Energy Ltd has a turnover of 9 Billion Dollar and more than 75000 employees those provide great services to its clients.

Nayara Energy has an annual capacity of 20 million metric tonnes (MMT) or 405,000 barrels per day (BPD).

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#6. Oil & Natural Gas Corporation Ltd

Oil & Natural Gas Corporation Ltd was founded in the year 14 August 1956. headquartered is located in Dehradun Uttarakhand, India.

ONGC product range includes natural gas, petroleum, and petrochemicals. ONGC is owned by the Government of India. ONGC is the top oil and gas exploration and production company in India.

Maharatna ONGC is the largest natural gas and crude oil company in India, It contributes around 75 percent to Indian domestic production.

ONGC records a large turns-over over 6.50 Billion Dollars a year. ONGC has more than 33000+ employees, and It is one of the biggest names in the gas and oil sector of the country. It is one of the largest among all the governments undertaking in the oil and natural gas sector.

Crude oil is a raw material used by companies like HPCL, IOC, and BPCL (a subsidiary of ONGC) to produce petroleum products like Naphtha, Diesel, Petrol, Kerosene, and Cooking Gas-LPG.

Market Share of Refineries