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Investor Presentaiton

Introduction · • · • • India's 6th largest company by turnover over INR 2,772 bn in FY18 and INR 2,420 bn in FY17 O India's 2nd largest Oil Marketing Company (OMC) with domestic sales volume of over 41.21 MMT in FY18 and 37.68 MMT in FY17 Domestic market share of 21% during FY18 Majority Govt. of India shareholding of 53.93% and explicit Govt. support through under-recovery compensation mechanism # 314 ranking on Fortune 2018 global list; ranks 6th among the only seven Indian companies on the list O The Govt. of India conferred BPCL with "MAHARATNA" status in Sep 2017 • Well positioned to meet market demand across India through Strategically located Refineries and Marketing Infrastructure • • Successful foray into upstream business. • Ratings at par with the Sovereign Baa2 (Outlook Positive) by Moody's / BBB- (Outlook Stable) by Fitch ^ Market capitalization figures as on period end FY means Financial year ending 31st March Refining Capacity Market Sales Market Capitalization^ MMT FY18 FY17 FY16 41.2 37.7 36.5 FY15 34.5 FY14 34.0 0 5 10 15 20 20 25 25 30 35 40 45 36.5 36.5 30.5 30.5 30.5 FY15 FY16 FY17 FY18 Dec-19 INR bn 939.79 927.25 786.89 -653.9 586.3 FY15 FY16 FY17 FY18 Dec-19 India's Leading Oil and Gas Company with presence across the Hydrocarbon Value Chain 5 Source: National Stock Exchange MMT
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