Oil & Natural Gas Corpn Ltd
ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production
- Market Cap ₹ 3,01,172 Cr.
- Current Price ₹ 239
- High / Low ₹ 345 / 205
- Stock P/E 8.46
- Book Value ₹ 251
- Dividend Yield 5.12 %
- ROCE 14.8 %
- ROE 11.4 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.95 times its book value
- Stock is providing a good dividend yield of 5.12%.
- Company has been maintaining a healthy dividend payout of 38.9%
Cons
- The company has delivered a poor sales growth of 7.47% over past five years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Oil Oil Exploration & Production
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83,534 | 82,583 | 77,509 | 77,670 | 84,930 | 109,628 | 96,166 | 68,087 | 110,319 | 144,513 | 129,741 | 137,846 | |
47,458 | 50,124 | 45,269 | 46,719 | 47,942 | 58,916 | 55,563 | 41,660 | 55,889 | 71,297 | 62,926 | 72,610 | |
Operating Profit | 36,076 | 32,459 | 32,240 | 30,950 | 36,988 | 50,712 | 40,603 | 26,427 | 54,430 | 73,217 | 66,815 | 65,237 |
OPM % | 43% | 39% | 42% | 40% | 44% | 46% | 42% | 39% | 49% | 51% | 52% | 47% |
6,963 | 5,367 | 3,783 | 7,676 | 7,884 | 7,265 | 1,711 | 8,518 | 6,516 | -1,609 | 10,778 | 10,479 | |
Interest | 0 | 3 | 1,324 | 1,222 | 1,508 | 2,492 | 3,310 | 2,215 | 2,360 | 2,700 | 4,081 | 4,604 |
Depreciation | 10,607 | 11,268 | 11,100 | 12,190 | 14,470 | 15,456 | 18,617 | 16,327 | 17,546 | 16,820 | 20,496 | 24,352 |
Profit before tax | 32,432 | 26,555 | 23,599 | 25,216 | 28,892 | 40,029 | 20,388 | 16,403 | 41,040 | 52,089 | 53,016 | 46,760 |
Tax % | 32% | 33% | 32% | 29% | 31% | 33% | 34% | 31% | 2% | 23% | 24% | 24% |
22,095 | 17,733 | 16,140 | 17,900 | 19,945 | 26,765 | 13,464 | 11,246 | 40,306 | 40,096 | 40,526 | 35,610 | |
EPS in Rs | 17.22 | 13.82 | 12.58 | 13.95 | 15.54 | 21.28 | 10.70 | 8.94 | 32.04 | 31.87 | 32.21 | 28.31 |
Dividend Payout % | 37% | 46% | 45% | 54% | 42% | 33% | 47% | 40% | 33% | 35% | 38% | 43% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 8% |
TTM: | 6% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 17% |
3 Years: | -4% |
TTM: | -12% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 23% |
3 Years: | 17% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 14% |
3 Years: | 15% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4,278 | 4,278 | 4,278 | 6,417 | 6,417 | 6,290 | 6,290 | 6,290 | 6,290 | 6,290 | 6,290 | 6,290 |
Reserves | 132,447 | 140,323 | 161,497 | 179,122 | 186,968 | 195,499 | 186,805 | 198,268 | 230,858 | 253,682 | 299,686 | 309,993 |
0 | 1,393 | 0 | 0 | 25,592 | 21,635 | 23,776 | 25,444 | 16,413 | 16,102 | 35,139 | 37,847 | |
63,105 | 62,586 | 56,654 | 62,070 | 72,631 | 76,750 | 87,038 | 89,125 | 84,410 | 94,474 | 105,644 | 97,522 | |
Total Liabilities | 199,830 | 208,580 | 222,428 | 247,608 | 291,608 | 300,175 | 303,908 | 319,127 | 337,971 | 370,548 | 446,760 | 451,653 |
96,063 | 98,202 | 94,279 | 104,807 | 119,628 | 121,936 | 127,699 | 130,700 | 136,936 | 141,896 | 179,122 | 211,230 | |
CWIP | 25,558 | 28,579 | 33,896 | 34,956 | 35,384 | 35,050 | 36,226 | 40,949 | 41,971 | 48,928 | 53,114 | 28,996 |
Investments | 17,204 | 18,124 | 39,831 | 54,150 | 85,731 | 84,882 | 79,086 | 81,376 | 85,173 | 84,986 | 105,569 | 112,678 |
61,005 | 63,675 | 54,422 | 53,695 | 50,865 | 58,307 | 60,898 | 66,102 | 73,891 | 94,739 | 108,955 | 98,748 | |
Total Assets | 199,830 | 208,580 | 222,428 | 247,608 | 291,608 | 300,175 | 303,908 | 319,127 | 337,971 | 370,548 | 446,760 | 451,653 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
37,888 | 24,964 | 39,894 | 32,788 | 37,537 | 42,304 | 57,807 | 27,665 | 49,301 | 80,838 | 65,336 | 73,010 | |
-30,550 | -17,991 | -32,683 | -21,304 | -53,730 | -22,088 | -34,980 | -20,657 | -23,502 | -57,365 | -42,694 | -46,789 | |
-9,757 | -8,098 | -7,316 | -11,455 | 16,180 | -20,230 | -22,747 | -6,984 | -25,869 | -23,445 | -22,685 | -26,246 | |
Net Cash Flow | -2,420 | -1,125 | -105 | 29 | -13 | -13 | 80 | 24 | -70 | 27 | -43 | -24 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 36 | 60 | 26 | 30 | 33 | 28 | 18 | 42 | 39 | 26 | 32 | 27 |
Inventory Days | 400 | 465 | 411 | |||||||||
Days Payable | 316 | 482 | 444 | |||||||||
Cash Conversion Cycle | 36 | 60 | 26 | 114 | 16 | -5 | 18 | 42 | 39 | 26 | 32 | 27 |
Working Capital Days | 2 | 40 | 2 | -10 | -12 | 11 | -19 | 44 | 14 | -4 | 12 | 37 |
ROCE % | 25% | 19% | 18% | 15% | 15% | 19% | 13% | 8% | 18% | 24% | 18% | 15% |
Documents
Announcements
-
Disclosure Of Event Or Information Under Regulation 30 Of SEBI (LODR) Regulations, 2015
8h - ONGC fined ₹13.03 lakh each by BSE and NSE for board composition non-compliance, seeking fine waiver.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
9h - ONGC's FY 2024-25 secretarial compliance report shows governance non-compliances; waiver requests submitted for fines.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - ONGC schedules investor meetings at Bank of America and Morgan Stanley India forums on June 4, 2025.
- Announcement under Regulation 30 (LODR)-Earnings Call Transcript 2d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
25 May - Production resumed at offshore PY-3 field after 14 years; Phase I completed, Phase II planned for enhanced recovery.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
Concalls
-
Feb 2025Transcript PPT
-
Nov 2024TranscriptPPTREC
-
Aug 2024TranscriptPPT
-
Jun 2024TranscriptNotesPPT
-
Jun 2024TranscriptNotesPPT
-
May 2024TranscriptPPT
-
Feb 2024TranscriptPPT
-
Nov 2023TranscriptPPT
-
Apr 2023TranscriptNotesPPT
-
May 2022TranscriptNotesPPT
-
Aug 2018TranscriptNotesPPT
-
May 2017TranscriptNotesPPT
Business Overview
The company specialises in the exploration and production of crude oil and natural gas. It has joint ventures for oil fields in Vietnam, Norway, Egypt, Tunisia, Iran, and Australia. ONGC contributes to 70% of India's crude oil and around 84% of its natural gas production. [1]