ONGCOil Gas & Consumable Fuels

Oil & Natural Gas Corporation Limited

Oil Exploration & Production · ISIN INE213A01029 · BSE 500312 · NSE EQ · FV ₹5
Last price
₹232
-1.85%today
What this company does

Oil & Natural Gas Corporation Limited operates in Oil Exploration & Production, part of the Oil Gas & Consumable Fuels sector. It booked ₹2.05 L cr of revenue in its latest quarter (Q1 FY27) and kept 5.8% of sales as profit. It is the largest of 6 Oil Exploration & Production companies we track, by market value.

61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
42

At close. Not part of the score.

Profitability & returns39

How much profit it earns on the money it employs

Balance sheet37

How much it owes, and whether earnings cover the interest

Cash quality91

Whether reported profit actually arrives as cash

Growth & consistency46

Whether sales and profit have grown, and how steadily

Valuation89

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 26% vs last year
Profit up 21% vs last year
Promoters hold 59%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 5.8% net margin

What if I invest in ONGC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 13% a year, it would become
₹23.63 lakh

The slider starts at 13%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹232 -1.85%
latest close · 2026-09-17
1-year return
+101.2%
52-wk low ₹11452-wk high ₹254
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio6.1Low
LowAverageHigh
P/B ratio0.79Below book
Below bookModerateHigh
EV / EBITDA5.8Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity12.8%Fair
WeakFairStrong ▸15%
Return on capital5.9%Weak
WeakFairStrong
Net margin5.8%Decent
ThinDecentStrong
EBITDA margin9.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.35Comfortable
LowModerateHigh ▸1
Interest cover3.2×Okay
RiskyOkayStrong ▸5×
Current ratio0.84Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹2.92 L cr
Book value
₹296
EPS
₹9.46
latest quarter
Net debt
₹1.41 L cr
owes more than its cash
Enterprise value
₹4.33 L cr
EBITDA
₹74,983 cr
annualised
EBIT
₹37,073 cr
annualised
Operating margin
4.5%
Return on assets
6.0%
Earnings yield
16.28%
P/S
0.36
Sales / share
₹651.8
Tax rate
7.1%
Face value
₹5
Shares
1,258.0 cr
Working capital
₹-27,064 cr
Current assets
₹1.42 L cr
Current liabilities
₹1.69 L cr
Delivery %
53.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The models value it far above the market price — almost always a data quirk or a value trap, so we won't call it a bargain.
Models span ₹342₹844, midpoint ₹593

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹2.05 L cr
Other Income₹2,789 cr
Total Income₹2.08 L cr
Cost of Materials₹87,761 cr
Purchases of Stock-in-Trade₹72,327 cr
Inventory Change (±)₹-5,125 cr
Employee Benefit Expense₹1,660 cr
Finance Costs₹2,854 cr
Depreciation & Amortisation₹9,477 cr
Other Expenses₹32,879 cr
Total Expenses₹2.02 L cr
Exceptional Items₹472 cr
Profit before Tax₹6,415 cr
Tax Expense₹458 cr
Share of JV / Associates₹598 cr
Net Profit₹6,554 cr
Net margin on total income3.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹1.55 L cr74.2%
Employee benefit expense₹1,660 cr0.8%
Finance costs₹2,854 cr1.4%
Depreciation & amortisation₹9,477 cr4.5%
Other expenses₹32,879 cr15.7%
Tax expense₹458 cr0.2%
Profit for the period₹6,554 cr3.1%
Total income ₹2.08 L cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1.67 L cr1.74 L cr2.05 L cr
Total income1.71 L cr1.77 L cr2.08 L cr
Expenses1.55 L cr1.61 L cr2.02 L cr
Profit before tax16,093 cr15,847 cr6,415 cr
Tax4,244 cr4,962 cr458 cr
Net profit (owners' share)10,016 cr10,820 cr11,899 cr
Net margin (owners' share, on revenue)6.0%6.2%5.8%
EPS (₹)7.968.609.46
YoY (latest quarter): total income +25.4% · net profit +21.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹7.92 L cr
Shareholder equity
₹3.72 L cr
parent shareholders
Total debt
₹1.42 L cr
Cash
₹1,554 cr
Cash flow · H1 FY26
Operating
₹60,787 cr
Investing
₹-33,830 cr
Financing
₹-19,558 cr
Peer comparison
Oil Exploration & Production · by market value
CompanyPriceMarket capP/E
Oil & Natural Gas Corporation Limitedthis company₹232₹2.92 L cr6.1
Vedanta Oil and Gas Limited₹35₹84,396 cr
Oil India Limited₹477₹77,654 cr5.3
Antelopus Selan Energy Limited₹1,131₹3,976 cr18.3
Prabha Energy Limited₹221₹3,160 cr2,759.6
Hindustan Oil Exploration Company Limited₹181₹2,393 cr96.3
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
5.70%
trailing 12 months
Dividend / share (TTM)
₹13.25
Last dividend
₹1
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹1 / share4 Sep 2026
Dividend₹6.25 / share18 Feb 2026
Dividend₹6 / share14 Nov 2025
Dividend₹1.25 / share4 Sep 2025
Dividend₹5 / share7 Feb 2025
Dividend₹6 / share19 Nov 2024
Who owns it · 2026-06-30
No pledge
Promoter
58.9%
FII / Foreign
8.0%
DII / Domestic
19.3%
Retail / others
13.8%
Smart-money activity
Insider trades
SoldThe President of India (acting through the Ministry of Petroleum and Natural Gas) · Promoters20.37 L · ₹32.6 cr13 Apr 22
SoldThe President of India (acting through the Ministry of Petroleum and Natural Gas) · Promoters9.44 cr · ₹1500.2 cr31 Mar 22
SoldThe President of India (acting through the Ministry of Petroleum and Natural Gas) · Promoters9.44 cr · ₹1500.2 cr30 Mar 22
Bulk / block deals
short · NSE2,00015 Sep 26
short · NSE501 Sep 26
short · NSE10026 Aug 26
Stake changes
DisposalPresident of India - MopNG · promoter→ 58.91%31 Mar 22
SoldThe president of India acting through Ministry of Pertroleum and Natural Gas Govt of India · promoter→ 60.41% · 29.84 cr3 Feb 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 31 Aug 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements (Standalone and Consolidated) of the Company for the Financial Year ended 31st March, 2026 together with Reports of the Board of Directors, the Auditors thereon and the comments of the Comptroller and Auditor General of India.
Backed by 94% of shareholders other than promotersneeded 50%
414.87 cr votes for, 26.84 cr against · 9% of mutual funds and other big investors said no
2
To declare Final Dividend of Rs.1/- per equity share for the financial year 2025-26.
Backed by 99% of shareholders other than promotersneeded 50%
439.27 cr votes for, 2.47 cr against · 1% of mutual funds and other big investors said no
3
To appoint a Director in place of Mr. Vikram Saxena (DIN: 10892368), who retires by rotation and being eligible, offers himself for re- appointment.
Backed by 86% of shareholders other than promotersneeded 50%
381.59 cr votes for, 60.12 cr against · 19% of mutual funds and other big investors said no
4
To authorize the Board of Directors for fixing the remuneration of Statutory Auditors as appointed by the Comptroller and Auditor General of India for financial year 2026-27.
Backed by 100% of shareholders other than promotersneeded 50%
439.85 cr votes for, 1.87 cr against · 1% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 58.9% between them · as of 2026-06-30
PRESIDENT OF INDIA58.89%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.