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 ₹ 3,04,946 Cr.
- Current Price ₹ 242
- High / Low ₹ 345 / 205
- Stock P/E 8.57
- Book Value ₹ 251
- Dividend Yield 5.06 %
- ROCE 14.8 %
- ROE 11.4 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.96 times its book value
- Stock is providing a good dividend yield of 5.07%.
- 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
Sector: Crude Oil & Natural Gas Industry: Oil Drilling / Allied Services
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: | 1% |
5 Years: | 26% |
3 Years: | 17% |
1 Year: | -15% |
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
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
9h - Audio recording of ONGC's analyst and investor conference call uploaded on company website.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - ONGC FY'25 net profit Rs 35,610 Cr, final dividend 25%, crude production up 0.9%, capex Rs 62,000 Cr.
- Integrated Financial Results For The Financial Year Ended 31.03.2025 1d
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Board Meeting Outcome for Recommendation Of Final Dividend For Financial Year 2024-25.
1d - Approved FY25 audited results; recommended 25% final dividend; ₹20,000 crore guarantee to OPaL for debt raising.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
19 May - Of Conference call with Analyst(s) & Investor(s) on Q4 FY'25 Financial Results
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2013
from nse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Concalls
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Feb 2025Transcript PPT
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Nov 2024TranscriptPPTREC
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Aug 2024TranscriptPPT
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Jun 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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May 2024TranscriptPPT
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Feb 2024TranscriptPPT
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Nov 2023TranscriptPPT
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Apr 2023TranscriptNotesPPT
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May 2022TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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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]