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 ₹ 190,654 Cr.
- Current Price ₹ 152
- High / Low ₹ 180 / 120
- Stock P/E 4.87
- Book Value ₹ 222
- Dividend Yield 7.09 %
- ROCE 16.8 %
- ROE 19.5 %
- Face Value ₹ 5.00
Pros
- Stock is trading at 0.68 times its book value
- Stock is providing a good dividend yield of 7.09%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 38.3%
Cons
- The company has delivered a poor sales growth of 11.7% over past five years.
- Company has a low return on equity of 11.7% over last 3 years.
- Contingent liabilities of Rs.76,693 Cr.
- Promoter holding has decreased over last 3 years: -3.89%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
113,844 | 140,147 | 161,984 | 174,121 | 160,923 | 124,036 | 282,506 | 322,706 | 421,624 | 396,728 | 303,849 | 491,216 | 676,683 | |
79,928 | 94,797 | 118,482 | 124,991 | 118,610 | 84,901 | 229,702 | 265,817 | 346,805 | 344,623 | 254,375 | 411,342 | 598,582 | |
Operating Profit | 33,916 | 45,350 | 43,501 | 49,130 | 42,312 | 39,135 | 52,804 | 56,889 | 74,819 | 52,105 | 49,473 | 79,874 | 78,101 |
OPM % | 30% | 32% | 27% | 28% | 26% | 32% | 19% | 18% | 18% | 13% | 16% | 16% | 12% |
3,718 | 11,075 | 5,488 | 7,170 | 5,955 | 1,067 | 12,724 | 10,429 | 9,567 | 982 | 11,271 | 6,797 | 7,360 | |
Interest | 438 | 435 | 484 | 624 | 2,864 | 3,766 | 3,591 | 4,999 | 5,837 | 7,489 | 5,079 | 5,696 | 7,312 |
Depreciation | 2,883 | 13,187 | 11,763 | 16,262 | 18,033 | 16,384 | 20,219 | 23,112 | 23,704 | 26,635 | 25,538 | 26,883 | 25,218 |
Profit before tax | 34,313 | 42,804 | 36,742 | 39,413 | 27,370 | 20,052 | 41,718 | 39,208 | 54,846 | 18,962 | 30,126 | 54,091 | 52,931 |
Tax % | 33% | 34% | 35% | 32% | 35% | 35% | 30% | 34% | 38% | 40% | 29% | 9% | |
Net Profit | 22,828 | 28,428 | 23,994 | 26,665 | 17,703 | 13,102 | 29,169 | 26,068 | 33,938 | 11,456 | 21,360 | 49,294 | 39,138 |
EPS in Rs | 17.50 | 21.93 | 18.87 | 20.65 | 14.29 | 10.03 | 19.03 | 17.23 | 24.28 | 8.59 | 12.96 | 36.19 | 33.61 |
Dividend Payout % | 33% | 30% | 34% | 31% | 44% | 56% | 40% | 38% | 29% | 58% | 28% | 29% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 12% |
3 Years: | 5% |
TTM: | 38% |
Compounded Profit Growth | |
---|---|
10 Years: | 6% |
5 Years: | 14% |
3 Years: | 14% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | -3% |
3 Years: | 36% |
1 Year: | -14% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 20% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
4,278 | 4,278 | 4,278 | 4,278 | 4,278 | 4,278 | 6,417 | 6,417 | 6,290 | 6,290 | 6,290 | 6,290 | 6,290 | |
Reserves | 111,049 | 132,161 | 148,250 | 167,874 | 176,177 | 193,536 | 187,969 | 197,602 | 210,644 | 198,814 | 214,691 | 253,213 | 272,621 |
6,704 | 15,973 | 20,686 | 49,113 | 53,944 | 45,500 | 80,029 | 106,550 | 107,742 | 129,473 | 133,187 | 121,986 | 150,352 | |
71,495 | 79,771 | 80,211 | 103,711 | 103,448 | 98,459 | 170,111 | 148,664 | 167,667 | 173,787 | 187,580 | 201,830 | 199,294 | |
Total Liabilities | 193,527 | 232,183 | 253,424 | 324,976 | 337,847 | 341,772 | 444,525 | 459,232 | 492,343 | 508,364 | 541,748 | 583,319 | 628,557 |
35,859 | 38,542 | 49,104 | 64,655 | 88,928 | 46,385 | 81,510 | 82,970 | 86,011 | 103,848 | 104,466 | 111,050 | 295,544 | |
CWIP | 34,760 | 49,698 | 53,385 | 72,034 | 63,393 | 57,668 | 59,042 | 61,512 | 69,056 | 83,832 | 100,309 | 106,719 | 75,893 |
Investments | 3,100 | 2,921 | 2,128 | 4,746 | 4,749 | 33,387 | 70,746 | 67,335 | 66,909 | 56,755 | 60,320 | 66,642 | 71,044 |
119,808 | 141,022 | 148,807 | 183,541 | 180,776 | 204,332 | 233,227 | 247,416 | 270,367 | 263,929 | 276,653 | 298,907 | 186,076 | |
Total Assets | 193,527 | 232,183 | 253,424 | 324,976 | 337,847 | 341,772 | 444,525 | 459,232 | 492,343 | 508,364 | 541,748 | 583,319 | 628,557 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
49,085 | 46,129 | 39,874 | 53,270 | 33,950 | 46,292 | 45,780 | 56,792 | 61,458 | 70,593 | 47,185 | 78,000 | |
-32,120 | -38,375 | -41,220 | -63,633 | -30,058 | -38,256 | -43,815 | -66,798 | -37,132 | -53,159 | -39,141 | -40,345 | |
-11,670 | 102 | -6,927 | 15,225 | -10,641 | -8,972 | -1,867 | 9,909 | -23,324 | -16,726 | -8,239 | -35,979 | |
Net Cash Flow | 5,295 | 7,856 | -8,273 | 4,862 | -6,749 | -935 | 99 | -97 | 1,001 | 708 | -195 | 1,676 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 31 | 35 | 34 | 43 | 25 | 16 | 16 | 13 | 8 | 19 | 14 |
Inventory Days | 99 | 108 | 80 | 79 | 65 | 105 | 65 | 56 | 48 | 46 | 85 | 60 |
Days Payable | 170 | 139 | 112 | 155 | 175 | 290 | 51 | 48 | 41 | 31 | 51 | 44 |
Cash Conversion Cycle | -39 | -0 | 3 | -43 | -67 | -161 | 30 | 24 | 21 | 23 | 54 | 31 |
Working Capital Days | -34 | -19 | -1 | -29 | -18 | -46 | -57 | -9 | -2 | -20 | 3 | -6 |
ROCE % | 28% | 29% | 23% | 20% | 13% | 13% | 17% | 15% | 20% | 11% | 10% | 17% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Cessation
1 Mar - Shri Anurag Sharma (DIN: 08050719) ceased to be the Director (Onshore) of the Company w.e.f. 01.03.2023, on attaining the age of superannuation on 28.02.2023.
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Announcement under Regulation 30 (LODR)-Change in Directorate
1 Mar - Ministry of Petroleum and Natural Gas, Government of India has conveyed continuance of Shri Pankaj Kumar (DIN:09252235) Director (offshore), in the newly created post of …
- Un-Audited Financial Results For The Quarter And Nine Months Ended 31St December, 2022 23 Feb
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
22 Feb - Transcript of the subject conference call on Q3 FY'' 23 Financial Results has been uploaded at the website of the Company and may be accessed …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
15 Feb - In reference to our earlier communication vide letter dated 13.02.2023 w.r.t. conference call on Q3 FY 2022-23 Financial Results, held today i.e. Wednesday, 15th February, …
Annual reports
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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
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Financial Year 2010
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History[1] ONGC was established in 1956 by the Government of India for oil exploration. With 60+ years of oil exploration, ONGC has discovered 8 out of 9 producing basins of India: 1958 at Gujarat, 1963 at Assam, 1967 at Rajasthan, 1974 at Mumbai, 1980 at Krishna Godavari, 1985 at Cauvery, 2019 at Bengal & 2022 at Vindhyan.