Oil & Natural Gas Corpn Ltd

ONGC is engaged in exploration, development and production of crude oil, natural gas and value added products in India and acquisition of oil and Gas acreages outside India for exploration, development and production, downstream (Refining and marketing of(Source : 201903 Annual Report Page No:323)

  • Market Cap: 86,678 Cr.
  • Current Price: 68.90
  • 52 weeks High / Low 149.65 / 50.00
  • Book Value: 164.52
  • Stock P/E: 5.98
  • Dividend Yield: 7.26 %
  • ROCE: 10.80 %
  • ROE: 7.94 %
  • Sales Growth (3Yrs): 14.58 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 5.00
Edit ratios
Pros:
Stock is trading at 0.42 times its book value
Company has been maintaining a healthy dividend payout of 41.62%
Cons:
Company has a low return on equity of 12.47% for last 3 years.
Contingent liabilities of Rs.69479.17 Cr.

Peer comparison Sector: Crude Oil & Natural Gas // Industry: Oil Drilling / Allied Services

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
110,367 113,471 117,306 112,539 109,546 101,554 109,443 104,489 62,496
89,819 94,276 99,805 94,961 92,631 85,589 93,789 100,850 54,218
Operating Profit 20,548 19,195 17,500 17,578 16,915 15,965 15,654 3,639 8,278
OPM % 19% 17% 15% 16% 15% 16% 14% 3% 13%
Other Income 1,970 2,772 3,339 1,852 1,813 1,691 2,230 -5,204 1,079
Interest 1,583 1,462 1,348 1,444 1,519 1,752 1,537 2,191 1,498
Depreciation 6,073 5,575 6,022 6,294 5,758 6,700 7,458 6,772 5,848
Profit before tax 14,862 14,931 13,469 11,691 11,451 9,205 8,889 -10,529 2,012
Tax % 37% 42% 29% 45% 38% 40% 39% 38% 46%
Net Profit 8,287 8,271 9,383 4,751 6,771 5,276 4,978 -6,189 120
EPS in Rs 6.46 6.44 7.31 3.73 5.38 4.19 3.96 -4.92 0.10
Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
97,795 95,663 113,844 140,147 161,984 174,121 160,923 124,036 282,506 322,706 421,385 425,001 377,983
69,361 67,940 79,928 91,656 118,492 124,749 118,610 85,008 229,702 265,817 346,763 372,856 334,446
Operating Profit 28,433 27,723 33,916 48,491 43,492 49,372 42,312 39,028 52,804 56,889 74,623 52,145 43,536
OPM % 29% 29% 30% 35% 27% 28% 26% 31% 19% 18% 18% 12% 12%
Other Income 5,138 5,271 3,718 7,934 5,497 6,928 5,955 1,174 12,724 10,429 10,008 557 -205
Interest 239 502 438 435 484 624 2,864 3,766 3,591 4,999 5,837 7,000 6,977
Depreciation 2,167 2,065 2,883 13,187 11,763 16,262 18,033 16,384 20,219 23,112 24,026 26,635 26,777
Profit before tax 31,166 30,427 34,313 42,804 36,742 39,413 27,370 20,052 41,718 39,208 54,767 19,068 9,577
Tax % 35% 35% 33% 34% 35% 32% 35% 35% 30% 34% 38% 39%
Net Profit 19,795 19,404 22,456 28,144 24,220 26,507 18,334 12,875 24,419 22,106 30,495 10,907 4,184
EPS in Rs 14.49 14.19 16.52 20.87 17.85 19.57 13.01 10.03 19.03 17.23 24.24 8.67 3.33
Dividend Payout % 35% 36% 33% 30% 34% 31% 44% 56% 40% 38% 29% 58%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:16.08%
5 Years:21.44%
3 Years:14.58%
TTM:-16.53%
Compounded Profit Growth
10 Years:-1.55%
5 Years:-0.95%
3 Years:-16.26%
TTM:-55.76%
Stock Price CAGR
10 Years:-11.52%
5 Years:-14.74%
3 Years:-26.13%
1 Year:-47.60%
Return on Equity
10 Years:14.02%
5 Years:12.35%
3 Years:12.47%
Last Year:7.94%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Corp Actions
Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
2,139 2,139 4,278 4,278 4,278 4,278 4,278 4,278 6,417 6,417 6,290 6,290
Reserves 90,085 99,268 111,049 132,161 148,250 167,874 176,177 193,536 187,969 197,602 211,851 200,678
Borrowings 23,704 23,726 6,704 15,973 20,686 49,113 53,944 45,500 80,029 106,550 107,742 116,828
39,288 42,559 71,495 79,771 80,211 103,711 103,448 98,459 170,111 148,664 168,903 180,102
Total Liabilities 155,215 167,692 193,527 232,183 253,424 324,976 337,847 341,772 444,525 459,232 494,786 503,898
29,899 33,915 35,859 38,542 49,104 64,655 88,928 46,385 81,510 82,970 86,274 281,792
CWIP 24,758 25,614 34,760 49,698 53,385 72,034 63,393 57,668 59,042 61,512 69,056 45,932
Investments 3,480 5,159 3,100 2,921 2,128 4,746 4,749 33,387 70,746 67,335 66,911 50,640
97,078 103,004 119,808 141,022 148,807 183,541 180,776 204,332 233,227 247,416 272,545 125,533
Total Assets 155,215 167,692 193,527 232,183 253,424 324,976 337,847 341,772 444,525 459,232 494,786 503,898

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
28,998 28,783 49,085 46,129 39,874 53,270 33,950 46,292 45,780 56,792 61,458 71,634
-28,171 -21,102 -32,120 -38,375 -41,220 -63,633 -30,058 -38,256 -43,815 -66,798 -37,132 -53,498
-3,289 -8,273 -11,670 102 -6,927 15,225 -10,641 -8,972 -1,867 9,909 -23,324 -17,768
Net Cash Flow -2,463 -592 5,295 7,856 -8,273 4,862 -6,749 -935 99 -97 1,001 368

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 30% 26% 28% 29% 23% 20% 13% 13% 17% 15% 20% 11%
Debtor Days 27 27 32 31 35 34 43 25 16 16 13 8
Inventory Turnover 4.21 3.52 3.81 4.09 4.50 5.29 4.80 3.49 8.35 6.62 8.16 7.71

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
68.07 67.72 67.72 67.45 67.48 65.64 64.25 64.25 62.98 62.78 60.41 60.41
5.04 5.16 5.47 5.43 5.82 5.89 6.47 7.85 8.24 8.65 7.62 8.10
13.02 13.29 13.25 13.56 13.30 14.80 15.73 14.37 16.00 15.74 17.87 17.37
13.87 13.84 13.57 13.56 13.40 13.67 13.55 13.53 12.79 12.83 14.10 14.13