Oil & Natural Gas Corporation Ltd.

NSE: ONGC BSE: 500312 SECTOR: Oil Exploration  296k   3k   887

139.65
-0.30 (-0.21%)
NSE: Today, 04:13 PM

Price Summary

Today's High

₹ 140.8

Today's Low

₹ 138.7

52 Week High

₹ 194.95

52 Week Low

₹ 108.5

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

175683.6 Cr.

Enterprise Value

190403.71 Cr.

No. of Shares

1258.03 Cr.

P/E

3.43

P/B

0.7

Face Value

₹ 5

Div. Yield

3.02 %

Book Value (TTM)

₹  200.59

CASH

302.55 Cr.

DEBT

15022.66 Cr.

Promoter Holding

58.89 %

EPS (TTM)

₹  40.68

Sales Growth

-29.2%

ROE

5.66 %

ROCE

8.76%

Profit Growth

-16.47 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Index Presence

The company is present in 40 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year62.03%
3 Year0.21%
5 Year7.26%

Profit Growth

1 Year258.39%
3 Year14.62%
5 Year17.63%

ROE%

1 Year18.25%
3 Year10.24%
5 Year10.96%

ROCE %

1 Year18.74%
3 Year12.84%
5 Year14.55%

Debt/Equity

0.027

Price to Cash Flow

6.35

Interest Cover Ratio

8.15704912696671

CFO/PAT (5 Yr. Avg.)

2.21787164297592

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Jun 2022 58.89 0
Mar 2022 58.91 0
Dec 2021 60.41 0
Sep 2021 60.41 0
Jun 2021 60.41 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 8.15704912696671.
  • The Company has been maintaining an effective average operating margins of 23.1814250751215% in the last 5 years.
  • The company has a good cash flow management; CFO/PAT stands at 2.21787164297592.
  • The company has a high promoter holding of 58.91%.

 Limitations

  • The company has shown a poor profit growth of -17.3850931370642% for the Past 3 years.
  • The company has shown a poor revenue growth of -7.11511647705707% for the Past 3 years.
  • Company has contingent liabilities of 61351.243 Cr.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
Net Sales 23021.64 24353.61 28472.91 34497.24 42320.72
Total Expenditure 12019.86 11826.08 13621.72 18447.77 17589.74
Operating Profit 11001.78 12527.53 14851.19 16049.47 24730.98
Other Income 533.67 3146.53 1491.64 1343.74 757.67
Interest 619.71 578.75 581.6 579.8 635.56
Depreciation 4165.57 3942.95 4338.07 5099.11 4510.12
Exceptional Items 0 0 0 0 0
Profit Before Tax 6750.17 11152.36 11423.16 11714.3 20342.97
Tax 2415.42 -7195.37 2659.44 2854.76 5137.12
Profit After Tax 4334.75 18347.73 8763.72 8859.54 15205.85
Adjusted EPS (Rs) 3.45 14.58 6.97 7.04 12.09

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 84963.08 109627.76 96165.84 68087.18 110318.87
Total Expenditure 66037.93 77168.95 68945.17 53760.76 68549.55
Operating Profit 18925.15 32458.81 27220.67 14326.42 41769.31
Other Income 25945.97 25518.49 19992.74 19320.55 19176.24
Interest 1508.47 2492.14 3309.68 2291.84 2359.86
Depreciation 14470.17 15456.11 18616.86 16327.38 17545.7
Exceptional Items 0 0 -4899.05 1375.03 0
Profit Before Tax 28892.47 40029.05 20387.83 16402.79 41039.99
Tax 8947.21 13264.45 6924.15 5156.35 734.25
Net Profit 19945.26 26764.6 13463.68 11246.44 40305.74
Adjusted EPS (Rs.) 15.54 21.28 10.7 8.94 32.04

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 6416.63 6290.15 6290.15 6290.14 6290.14
Total Reserves 186968.05 195499.42 186804.65 198268.43 230857.95
Borrowings 0 0 2245.1 6327.52 6396.9
Other N/C liabilities 48505.31 51201.59 59951.49 70737.6 57117.88
Current liabilities 49338.19 46716.88 48044.91 36829.9 36601.37
Total Liabilities 291228.18 299708.04 303336.31 318453.58 337264.24
Assets
Net Block 119628.4 121935.73 127699.06 130699.77 136935.6
Capital WIP 13545.06 15523.54 20016.58 24811.29 28753.68
Intangible WIP 21838.53 19526.69 16208.97 16137.79 13217.03
Investments 85730.8 84881.54 79085.55 81376.44 85173.22
Loans & Advances 12531.62 11045.18 11169.37 10267.67 12604.86
Other N/C Assets 16437.21 18450.26 22170.79 23383.18 24653.38
Current Assets 21516.55 28345.11 26986 31777.45 35926.48
Total Assets 291228.18 299708.04 303336.31 318453.58 337264.24
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 28892.47 40029.05 20387.83 16402.79 41039.99
Adjustment 15403.37 19843.39 31396.5 16506.21 19042.01
Changes in Assets & Liabilities 520.73 -6360.99 12687.01 -2409.06 -1000.64
Tax Paid -7279.73 -11207.64 -6664.55 -2834.85 -9779.93
Operating Cash Flow 37536.85 42303.81 57806.79 27665.09 49301.43
Investing Cash Flow -53730.38 -22087.54 -34979.8 -20656.96 -23502.02
Financing Cash Flow 16180.47 -20229.74 -22747.1 -6984.25 -25869.2
Net Cash Flow -13.06 -13.46 79.88 23.88 -69.8

Corporate Actions

Investors Details

PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Promoters 60.41 60.41 60.41 58.91 58.89
president of india 60.41 60.41 60.41 58.91 58.89
PARTICULARS Jun 2021% Sep 2021% Dec 2021% Mar 2022% Jun 2022%
Investors 39.59 39.59 39.59 41.09 41.11
life insurance cor... 10.63 10.59 10.44 9.73 9.64
indian oil corpora... 7.84 7.84 7.84 7.84 7.84
icici prudential v... - 3.22 2.86 2.53 3.50
icici prudential e... 2.61 - - - -
gail (india) limit... 2.45 2.45 2.45 2.45 2.45
cpse exchange trad... 2.02 1.92 1.84 1.93 1.77
nse clearing limit... - - - 1.18 -
iepf 0.01 0.01 0.01 0.01 0.01

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY19 9 Jan 2020
  • PresentationQ4FY22 21 Jun 2022

Company News

ONGC reports 25% rise in Q1 consolidated net profit13 Aug 2022, 10:51AM ONGC - Quaterly Results12 Aug 2022, 7:20PM ONGC - Quaterly Results12 Aug 2022, 7:20PM ONGC ranked at 190th position in Fortune's Global 500 list4 Aug 2022, 4:08PM ONGC signs MoU with Greenko ZeroC 27 Jul 2022, 9:06AM ONGC enters into gas sale agreements with GAIL India, Assam Gas Company25 Jul 2022, 10:23AM IIT-M develops large database management software system for ONGC15 Jul 2022, 10:56AM Oil and Natural Gas Corporation wins ‘WCDM-DRR Award’24 Jun 2022, 11:06AM ONGC’s arm makes new discovery in Colombia 24 Jun 2022, 10:30AM ONGC seeking minimum $17 price for coal gas from Bokaro block in Jharkhand22 Jun 2022, 9:58AM ONGC applies for petroleum exploration license to discover oil fields in Samastipur, Buxar3 Jun 2022, 10:51AM ONGC eyeing rise of 11% in crude oil production by FY251 Jun 2022, 11:46AM ONGC reports 10% rise in Q4 consolidated net profit30 May 2022, 2:36PM ONGC - Quaterly Results28 May 2022, 8:53PM ONGC - Quaterly Results28 May 2022, 8:53PM ONGC to invest Rs 31,000 crore in next three fiscal years in finding oil, gas27 May 2022, 10:58AM ONGC offering stake to foreign companies in KG block26 May 2022, 3:58PM ONGC becomes first gas producer to trade on IGX24 May 2022, 9:22AM ONGC repairs 100 offshore installations in Arabian Sea23 May 2022, 12:24PM ONGC awards contract to Jindal Drilling and Industries20 May 2022, 6:16PM ONGC wins 18 oil, gas blocks in OALP-VI bid round6 May 2022, 5:28PM ONGC signs MoU with Equinor28 Apr 2022, 9:48AM ONGC commissions two projects of Rs 6000 crore to boost oil, gas output25 Apr 2022, 10:58AM ONGC drills three gas wells in Tripura by using new technology18 Apr 2022, 12:26PM ONGC wins ‘Best Overall Performance Award' 13 Apr 2022, 11:05AM ONGC on way to commercialize another Basin2 Apr 2022, 11:38AM ONGC to undertake 2D seismic survey of un-appraised areas of India’s EEZ1 Apr 2022, 5:59PM Government to offload 1.5% stake in ONGC30 Mar 2022, 10:37AM ONGC reports 3-fold jump in Q3 consolidated net profit12 Feb 2022, 10:29AM ONGC’s arm enters into development stage with submission of DoC for block BM-SEAL-4 22 Jan 2022, 9:01AM Oil And Natural Gas Corporation informs about change in directorate1 Jan 2022, 3:07PM ONGC seeks minimum $3.5-4 for natural gas to be produced in Jharkhand, Tripura13 Dec 2021, 3:43PM ONGC signs MoU with SECI to scale up clean energy projects3 Dec 2021, 2:38PM Oil and Natural Gas Corporation informs about press release19 Nov 2021, 1:43PM ONGC reports over 3-fold jump in Q2 consolidated net profit15 Nov 2021, 11:06AM ONGC pumps first gas from U1B deep-water well in KG basin2 Sep 2021, 12:21PM ONGC eyes offshore wind energy projects31 Aug 2021, 11:43AM MEIL delivers second oil rig to ONGC27 Aug 2021, 2:58PM ONGC seeks partners to raise production from 43 oil, gas fields 20 Aug 2021, 9:35AM Oil And Natural Gas Corporation informs about credit rating30 Jul 2021, 4:37PM CCI approves Summit India's 23.5% stake-buy in ONGC’s first power plant company 13 Jul 2021, 12:44PM ONGC to procure equipment, services worth over Rs 30,000 crore5 Jul 2021, 5:26PM ONGC turns black in Q4 25 Jun 2021, 10:48AM Oil and Natural Gas Corporation informs about press release18 May 2021, 5:24PM ONGC taking all possible measures to mitigate impact of cyclone Tauktae18 May 2021, 12:42PM ONGC to procure one lakh oxygen concentrators18 May 2021, 12:07PM ONGC agrees to do away with charging users marketing margin14 May 2021, 12:47PM Petroleum ministry tells ONGC to sell stake in producing oil fields27 Apr 2021, 2:44PM ONGC informs about appointment of CEO and CFO24 Apr 2021, 9:52AM ONGC invites bids for KG offshore gas13 Apr 2021, 1:00PM

ONGC Stock Price Analysis and Quick Research Report. Is ONGC an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). ONGC has a PE ratio of 3.43779037467859 which is low and comparatively undervalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. ONGC has ROA of 3.61743968160151 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. ONGC has a Current ratio of 0.862816613361694 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. ONGC has a ROE of 5.6564024353734 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. ONGC has a D/E ratio of 0.0734 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. ONGC has an Inventory turnover ratio of 7.99726707686725 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - ONGC has reported revenue growth of -29.1981637305271 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of ONGC for the current financial year is 21.041287918187 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for ONGC is Rs 3.6 and the yield is 3.0162 %.

Brief about ONGC

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