₹987,129 Mn

15% Increase in total revenue over 17-18


Fastest growing retail network in India


Complexity grade production capacity- ranking among the world's most modern refineries


Crude throughput


Maiden International rating, the highest in Asia for a single location, single CDU refinery; Domestic rating "AA" from CARE Ratings


Lost Time Injury (LTI) free days for employees

SRU-2 &
SWS units

New Sulphur Recovery Units commissioned safely and successfully

120,000 M3

Nominal capacity of new crude tank commissioned in April `18


We bring a new wave of energy in the way we look at the sector. We never stand still, we are constantly looking at better ways to shape tomorrow, today and we do this with a sense of zeal and determination. We are a passionate team driven to perform, driven to deliver.
  • Launched the new brand and corporate identity – Nayara Energy
  • Introduced our brand ethos with the acronym EXCEL representing our 5 core values – Energetic, Xtraordinary, Courageous, Ethical, Lead
  • Turnaround 2018 was deliveredahead of schedule
  • 18.9 MMTPA crude throughput at 95% utilization
  • New Crude Oil Tank Commissioned 120,000 m3 (nominal capacity)
  • INR 987,129 Mn approx. 15% increase in revenues over 2017-18


We do not settle for the ordinary. We believe that every individual has the potential to be extraordinary and together we move our business forward, always. We see opportunity to make a difference through our products, our services, and also how we interact with our stakeholders. We are obsessed about the finest attention to detail and deliver excellence and global standards at every step, at every turn.
  • VPCL and NEPL merger consummated successfully resulting in operational and financial synergy
  • Maiden Issue of INR NCDs of Rs 24,000 million in domestic Debt Capital Markets, oversubscribed by 60%
  • Refinancing of USD 1.97 BN of long-term & short-term debt to optimize finance cost & Capital Structure
  • Kicked off the Retail Automation Project
  • First Petroleum Refinery to be ISO 45001:2018 certified
  • Excellent Energy Efficient Unit Award by CII for our Energy Management System


We welcome every new challenge, it makes us stronger, better, together. We take bold steps towards a new era, we do not like to sit on the sidelines of progress. We stand firm in what we believe in and are relentless in our pursuit of excellence. We are always open to trying new things and we do not shy away.
  • India's 2nd Largest Single Site Refinery, constituting approx. 8% of India's refining capacity
  • Capacity of Port - SPM 27 MMT and Jetties 14 MMT
  • India's Fastest Growing Retail Network with 5100+ fuel stations, over 1000 added in the last year
  • First Inland Rail-Fed Depot at Wardha, Maharashtra
  • 58 National Supply Locations
  • 1000 MWe Multi-Fuel Power Plant at refinery and 300 KVA solar power plant at the Wardha depot


We are dedicated to ensuring safety in all our endeavors. We take ownership of every decision. We strongly believe that there is no glory in shortcuts. We are committed to doing things the right way. We deal with all our stakeholders with integrity and with complete transparency. There are no grey areas in the way we do business. We also have high regard for the safety of our people, our community and our environment.
  • Lost Time Injury (LTI) free days : 4016 days for employees, 279 for contractors
  • 3601 major fire free days
  • 360o Safety Audit, covering internal and external processes
  • Shram Bhusan & Shram Ratna awards issued by Director Industrial Safety & Health (DISH)
  • Endeavor to make 11,000 Hectares of land and 15 villages water neutral by 2026
  • Plans to eradicate Malnutrition & Tuberculosis in Devbhumi Dwarka by 2022


We like to push the boundaries of what is possible. We constantly challenge the status quo and are always going one step further. We encourage our teams to be fearless in thinking big and advancing forward. We firmly believe that to be future ready we need to be agile in adapting to an ever changing environment.
  • Complexity of 11.8 ranking our refinery amongst the world’s most modern and complex refineries
  • IMO 2020 regulation compliant and BS VI ready
  • First-of-its-kind vapor recovery system with unique hybrid technology operationalized at Wardha Depot
  • Tied-up two long-term export prepayment deals for USD 1,500 Mn, for supply of product, first of its kind in India
  • Maiden International Rating of “Ba2” from Moody's, highest in Asia for single location, refinery and improvement in Domestic Rating to "AA" from CARE Ratings
  • Energy Factor (MBN) of Vadinar Refinery for FY 2018-19 was 59.62 as audited by Bureau of Energy Efficiency (BEE), which rates us amongst the most energy efficient refineries in India.
Tony Fountain

Tony Fountain


I take this opportunity to thank everyone who worked with us to fulfil our responsibilities to generate sustainable value for our employees, customers and partners, and other stakeholders, provide a safe work environment and invest in the communities around us.

B Anand

B Anand

Chief Executive Officer

The year 2018-19 was pivotal as it marks the first full year as Nayara Energy, embodying “the face of new era” and reaffirming our raison d'être. The new brand identity manifests not just in our people, processes and practices but in the possibilities and opportunities to realize the potential, the market presents.



The world of energy is changing fast. Geopolitical factors, regulatory and policy changes, price fluctuations, to name a few, continue to exert new and complex influences on the industry.


Complete Financial


Consolidated Financial


Standard Financial