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ONGC share price

Oil & Natural Gas Corporation Ltd.

NSE: ONGC BSE: 500312 SECTOR: Oil Exploration  651k   4k   1k

242.15
-5.75 (-2.32%)
BSE: Today, 02:16 PM

Price Summary

Today's High

₹ 248.35

Today's Low

₹ 241.85

52 Week High

₹ 344.6

52 Week Low

₹ 188.3

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.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

304631.46 Cr.

Enterprise Value

280709.41 Cr.

No. of Shares

1258.03 Cr.

P/E

7.55

P/B

0.93

Face Value

₹ 5

Div. Yield

4.94 %

Book Value (TTM)

₹  259.84

CASH

30031.3 Cr.

DEBT

6109.25 Cr.

Promoter Holding

58.89 %

EPS (TTM)

₹  32.06

Sales Growth

-10.22%

ROE

14.32 %

ROCE

19.71%

Profit Growth

1.07 %

* 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 49 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 Year-10.22%
3 Year23.98%
5 Year3.43%

Profit Growth

1 Year1.07%
3 Year53.31%
5 Year8.65%

ROE%

1 Year14.32%
3 Year16.23%
5 Year12.24%

ROCE %

1 Year19.71%
3 Year19.97%
5 Year15.94%

Debt/Equity

0.02

Price to Cash Flow

4.66

Interest Cover Ratio

13.99

CFO/PAT (5 Yr. Avg.)

1.92907075404483

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 58.89 0.00
Jun 2024 58.89 0.00
Mar 2024 58.89 0.00
Dec 2023 58.89 0.00
Sep 2023 58.89 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 53.3108252085645% for the Past 3 years.
  • The company has shown a good revenue growth of 23.9757910559617% for the Past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 13.99.
  • The Company has been maintaining an effective average operating margins of 31.57044067688% in the last 5 years.
  • The company has a good cash flow management; CFO/PAT stands at 1.92907075404483.
  • The company has a high promoter holding of 58.89%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 35163.04 34788.07 34636.69 35266.38 33880.88
Total Expenditure 18010.37 19953.05 18745.96 18291.68 16855.91
Operating Profit 17152.67 14835.02 15890.73 16974.7 17024.97
Other Income 2085.68 3400.69 3679.97 2060.89 4765.64
Interest 1016.03 1022.73 1034.85 1182.21 1156.72
Depreciation 4721.31 5078.24 5675.47 5897.26 5597.89
Exceptional Items 0 0 0 0 0
Profit Before Tax 13501.01 12134.74 12860.38 11956.12 15036
Tax 3262.91 2599.07 2991.01 3018.02 3051.98
Profit After Tax 10238.1 9535.67 9869.37 8938.1 11984.02
Adjusted EPS (Rs) 8.14 7.58 7.85 7.1 9.53

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 96165.84 68087.18 110318.87 144513.45 129741.47
Total Expenditure 68945.17 53760.76 68549.55 88615.34 81661.83
Operating Profit 27220.67 14326.42 41769.31 55898.11 48079.64
Other Income 19992.74 19320.55 19176.24 24945.07 29513.59
Interest 3309.68 2291.84 2359.86 2699.6 4081.31
Depreciation 18616.86 16327.38 17545.7 16819.55 20495.71
Exceptional Items -4899.05 1375.03 0 -9235.11 0
Profit Before Tax 20387.83 16402.79 41039.99 52088.91 53016.21
Tax 6924.15 5156.35 734.25 11992.41 12490.24
Net Profit 13463.68 11246.44 40305.74 40096.5 40525.97
Adjusted EPS (Rs.) 10.7 8.94 32.04 31.87 32.21

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 6290.15 6290.14 6290.14 6290.14 6290.14
Total Reserves 186804.65 198268.43 230857.95 253682.18 299686.37
Borrowings 2245.1 6327.52 6396.9 3949.93 3988.25
Other N/C liabilities 59951.49 70737.6 57117.88 64806.21 94487.63
Current liabilities 48044.91 36829.9 36601.37 41149.91 41568.5
Total Liabilities 303336.31 318453.58 337264.24 369878.37 446020.89
Assets
Net Block 127699.06 130699.77 136935.6 141895.65 179122.38
Capital WIP 20016.58 24811.29 28753.68 32892.38 33330.8
Intangible WIP 16208.97 16137.79 13217.03 16035.12 19782.71
Investments 79085.55 81376.44 85173.22 84985.58 105371.37
Loans & Advances 11169.37 10267.67 12604.86 14551.59 14444.88
Other N/C Assets 22170.79 23383.18 24653.38 26439.21 28227.14
Current Assets 26986 31777.45 35926.48 53078.84 65741.61
Total Assets 303336.31 318453.58 337264.24 369878.37 446020.89
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 20387.83 16402.79 41039.99 52088.91 53016.21
Adjustment 31396.5 16506.21 19042.01 33053.98 21776.63
Changes in Assets & Liabilities 12687.01 -2409.06 -1000.64 8539.77 2410.85
Tax Paid -6664.55 -2834.85 -9779.93 -12844.84 -11868.17
Operating Cash Flow 57806.79 27665.09 49301.43 80837.82 65335.52
Investing Cash Flow -34979.8 -20656.96 -23502.02 -57365.32 -42693.57
Financing Cash Flow -22747.1 -6984.25 -25869.2 -23445.41 -22684.6
Net Cash Flow 79.88 23.88 -69.8 27.09 -42.65

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 58.89 58.89 58.89 58.89 58.89
president of india 58.89 58.89 58.89 58.89 58.89
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 41.11 41.11 41.11 41.11 41.11
cpse exchange traded sche... 2.16 2.13 2.10 2.05 2.06
gail (india) limited 2.45 2.45 - 2.45 2.45
icici prudential value di... 3.38 2.62 1.96 1.90 2.21
indian oil corporation li... 7.84 7.84 7.84 7.84 7.84
investor education and pr... - - 0.01 0.02 0.02
life insurance corporatio... 9.82 9.74 9.69 9.69 9.29
llp - - - - 0.01
sbi nifty 50 etf 1.09 1.07 1.11 1.29 1.23
gail (india ) limited - - 2.45 - -
investor education and pr... 0.01 0.01 - - -
hdfc trustee company limi... 1.00 - - - -

Ratings & Research Reports

Company Presentations

Company News

ONGC’s arm, NGEL incorporate joint venture company 19 Nov, 10:28 AM ONGC reports 39% fall in Q2 consolidated net profit 12 Nov, 10:59 AM ONGC - Quaterly Results 11 Nov, 6:23 PM ONGC - Quaterly Results 11 Nov, 6:23 PM ONGC’s arm signs agreement for ACG Field in Azerbaijan 23 Sep, 10:30 AM Oil and Natural Gas Corporation informs about press release 21 Sep, 12:32 PM ONGC informs about appointment of director 16 Sep, 11:44 AM ONGC’s arm, OIL, KABIL sign MoU with IRH for Global cooperation in Critical Mineral supply chain 11 Sep, 9:44 AM ONGC opens another well on flagship deep-sea project in Bay of Bengal 26 Aug, 11:53 AM ONGC’s arm secures contract extension for producing oil and gas in Vietnam 19 Aug, 5:43 PM ONGC gets nod for infusion of additional equity capital in OPaL 12 Aug, 10:11 AM ONGC reports 43% fall in Q1 consolidated net profit 6 Aug, 12:41 PM ONGC - Quaterly Results 5 Aug, 8:04 PM ONGC - Quaterly Results 5 Aug, 8:04 PM ONGC’s arm gets nod for liquidation of Tamba B.V. 26 Jul, 6:15 PM ONGC commences production from CBM block in Jharkhand 18 Jul, 9:51 AM ONGC to invest about Rs 2 lakh crore to achieve net-zero carbon emission goal 10 Jul, 11:27 AM ONGC, Indian Oil ink MoU to establish LNG Plant near Hatta Gas Field 24 Jun, 3:09 PM ONGC looking for global partners to revitalize struggling Deen Dayal gas field 24 Jun, 11:18 AM Oil and Natural Gas Corporation informs about change in directorate 22 Jun, 12:54 PM ONGC reports 78% rise in Q4 consolidated net profit 21 May, 10:30 AM ONGC - Quaterly Results 20 May, 10:36 PM ONGC - Quaterly Results 20 May, 10:36 PM ONGC to invest additional equity of Rs 99 crore in ONGC Green 6 Mar, 11:29 AM ONGC incorporates Wholly Owned Subsidiary 28 Feb, 11:53 AM ONGC gets nod to form joint ventures for setting-up compressed bio gas Plants 21 Feb, 11:09 AM ONGC reports 8% fall in Q3 consolidated net profit 12 Feb, 12:00 PM ONGC - Quaterly Results 10 Feb, 11:14 PM ONGC inks joint venture agreement with NGEL 8 Feb, 11:11 AM ONGC inks agreement with TotalEnergies to detect, measure methane emissions 7 Feb, 12:47 PM Oil and Natural Gas Corporation submits record date 31 Jan, 12:58 PM ONGC gets nod to form wholly-owned subsidiary for green energy, gas business 24 Jan, 2:20 PM ONGC makes back-to-back gas discoveries in Mahanadi basin deepwater block 16 Jan, 10:59 AM ONGC’s arm incorporates wholly owned subsidiary in Gujarat 10 Jan, 9:30 AM ONGC seeks premium over govt price for coal seam gas 8 Jan, 11:12 AM ONGC commences ‘First Oil’ production from KG-DWN-98/2 Deepwater block in Krishna Godavari 8 Jan, 9:25 AM Oil and Natural Gas Corporation informs about change in management 1 Dec, 4:20 PM ONGC to invest about Rs 1 lakh crore in setting up two petrochemical plants 16 Nov, 10:20 AM ONGC to start oil production from deepsea project this month 13 Nov, 2:10 PM Glenmark Pharmaceuticals reports consolidated net loss of Rs 61.56 crore in Q2FY24 13 Nov, 11:59 AM Oil & Natural Gas Corporation reports over 2-fold jump in Q2 consolidated net profit 13 Nov, 10:56 AM ONGC - Quaterly Results 10 Nov, 7:19 PM ONGC - Quaterly Results 10 Nov, 7:19 PM Oil and Natural Gas Corporation informs about trading window closure 30 Oct, 3:30 PM ONGC wins bid to acquire PTC's wind power unit for Rs 925 crore 25 Oct, 11:38 AM ONGC inks crude oil sales agreement with MRPL 28 Sep, 3:19 PM ONGC inks MoU with NTPC Green Energy 28 Sep, 10:30 AM ONGC to infuse about Rs 15,000 crore in ONGC Petro-additions 8 Sep, 10:09 AM ONGC to invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038 30 Aug, 10:38 AM ONGC’s arm secures another 3 year extension to explore oil & gas in Vietnamese block 21 Aug, 10:59 AM

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 determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

ONGC stock price today is Rs 242. Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse ONGC . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. 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 7.54931229508452 which is low and comparatively undervalued .

  • Share Price: - The current share price of ONGC is Rs 242. One can use valuation calculators of ticker to know if ONGC share price is undervalued or overvalued.

  • 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 9.9341 % 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 1.5815 .

  • 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 14.3214 % .(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 Debt to Equity ratio of 0.02 which means that the company has low proportion of debt in its capital.

  • Sales growth: - ONGC has reported revenue growth of -10.2219 % 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 37.0580346347694 %.

  • 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 12.25 and the yield is 4.999 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of ONGC is Rs 32.0559 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of ONGC in Ticker for free. Also, one can get the intrinsic value of ONGC by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about ONGC

Oil & Natural Gas Corporation Ltd. Financials: Check Share Price, Balance Sheet, Annual Report and Quarterly Results for Company Analysis

Oil & Natural Gas Corporation Ltd. (ONGC) is one of the largest oil and gas exploration and production companies in India. In this article, we will provide a comprehensive analysis of ONGC stock from a long-term investor's perspective. We will cover various topics such as share price, balance sheet, annual report, dividend, quarterly result, stock price, price chart, news, concall, transcripts, investor presentations, promoters, and shareholders.

Oil & Natural Gas Corporation Ltd. Share Price:

ONGC's share price is an important indicator of investor sentiment towards the company. The share price is influenced by various factors, such as the company's financial performance, global economic conditions, and market sentiment. Investors can use our pre-built screening tools to analyze ONGC's share price and identify any trends or patterns. The company's share price has been relatively stable over the past few years, reflecting the company's strong financial performance and growth prospects.

Oil & Natural Gas Corporation Ltd. Balance Sheet:

ONGC's balance sheet provides crucial information about its financial health. The company's assets include oil and gas reserves, investments, property, plant and equipment, and other assets. Liabilities include borrowings, trade payables, and other liabilities. Equity includes share capital, reserves, and surplus. Investors can use our pre-built screening tools to analyze ONGC's balance sheet and identify any red flags. The company's balance sheet has remained strong over the years, with a healthy mix of assets and liabilities.

Share Capital of ONGC

ONGC share capital unaltered at ?6,290.14 crore in the March 2020, March 2024 and all FY ending in between. This stability mirrors the fact that the company has not issued much equity in the course of this period.

ONGC's Expanding Reserves

The Total proven reserve of ONGC has grown from 1,86,804.65 crore in March 2020 to 2,99,686.37 crore in March 2024. This growth shows a good number in retaining its earnings, which clearly demonstrate the company’s improved financial position.

Analysis of ONGC’s Borrowings Fluctuation

ONGC’s borrowings in the same manner did follow fluctuations in this particular year, highest was ? 6,396.90 crore recorded in the month of March, 2022 while it was lower in the month of March, 2024 with the balance of ? 3,988.25 crore. Another specific example demonstrating the decrease in the companies’ financial leverage is presented below:

ONGC’s expanding asset base

Total assets of the ONGC have progressively increased from ?3,03,336.31 crore in March 2020 to ?4,46,020.89 crore by March 2024. The net block of assets also rose to ? 1,79,122.38 crore; signaling on-going capital investments. Further, investment grows up to ?1,05,371.37 crore in March 2024 and proves the company’s strength in investment.

Current Liabilities and Current assets of ONGC

In case of ONGC, the current liability as of the end of March, 2024 was to the tune of ?41,568.50 crore whereas the current assets stood at ?65,741.61 crore for the same period, which would continue to remain high to meet the short term obligation.

The above analysis is ONGC balance sheet analysis based on the company’s standalone balance sheet. Those trading ONGC or interested in the energy sector listed in NSE/BSE can use the given financial data for stock selection.

Oil & Natural Gas Corporation Ltd. Annual Report:

ONGC releases an annual report that provides detailed information about the company's financial performance, strategic initiatives, and future plans. The annual report includes a letter from the Chairman, financial statements, and management discussion and analysis. Investors can download ONGC's annual report from our website and use it to make informed investment decisions. The annual report provides valuable insights into the company's operations and financial performance.

Oil & Natural Gas Corporation Ltd. Dividend:

ONGC pays dividends to its shareholders on a regular basis. Dividends are a portion of the company's profits that are distributed to shareholders. Investors can use our pre-built screening tools to track ONGC's dividend history and dividend yield. The company has a consistent track record of paying dividends to its shareholders, which is a positive sign for long-term investors.

Oil & Natural Gas Corporation Ltd. Quarterly Results:

ONGC releases its quarterly results every three months. These provide information about the company's revenue, earnings, and expenses. Investors can use our pre-built screening tools to analyze ONGC's quarterly results and identify any trends or patterns. The quarterly results are an important indicator of the company's financial health and performance.

Oil & Natural Gas Corporation Ltd. Stock Price:

ONGC's stock price is affected by various factors, such as the company's financial performance, global economic conditions, and market sentiment. Investors can use our pre-built screening tools to track ONGC's stock price and identify potential buying opportunities. The stock price of ONGC has been relatively stable over the past few years, reflecting the company's strong financial performance and growth prospects.

Oil & Natural Gas Corporation Ltd. Price Chart:

A price chart provides a visual representation of a company's stock price over a period of time. Investors can use our pre-built screening tools to analyze ONGC's price chart and identify any trends or patterns. The price chart shows that the stock price of ONGC has been relatively stable over the past few years, reflecting the company's strong financial performance and growth prospects.

Oil & Natural Gas Corporation Ltd. News:

Keeping up to date with the latest news about ONGC is important for investors. Our website provides the latest news about ONGC from various sources, such as financial news websites and social media. Investors can use this information to make informed investment decisions.

Oil & Natural Gas Corporation Ltd. Concall:

ONGC holds conference calls with analysts and investors to discuss its financial performance and future plans. Investors can listen to ONGC's concall and use the information provided to make informed investment decisions. Our website provides information about upcoming concalls and links to listen to past concalls.

Oil & Natural Gas Corporation Ltd. Transcripts:

ONGC's concall transcripts are available on our website. Investors can download the transcripts and use them to analyze the company's financial performance and future plans. The transcripts provide valuable insights into the company's operations and financial performance.

Oil & Natural Gas Corporation Ltd. Investor Presentations:

ONGC provides investor presentations on its website. These presentations provide information about the company's financial performance, strategic initiatives, and future plans. Investors can download ONGC's investor presentations from our website and use them to make informed investment decisions. The investor presentations provide valuable insights into the company's operations and financial performance.

Oil & Natural Gas Corporation Ltd. Promoters:

Promoters are individuals or entities that have a significant stake in a company. ONGC's promoters include various entities that hold a significant stake in the company. Investors can use our pre-built screening tools to analyze ONGC's promoter holdings and identify any potential conflicts of interest. The promoter holdings of ONGC are relatively stable, which is a positive sign for long-term investors.

Oil & Natural Gas Corporation Ltd. Shareholders:

ONGC has a large number of shareholders, including institutional and individual investors. Investors can use our pre-built screening tools to analyze ONGC's shareholder base and identify any potential risks or opportunities. ONGC's shareholder base is diverse, which is a positive sign for long-term investors.

Oil & Natural Gas Corporation Ltd. Premium Features:

Our website provides premium features tools such as DCF Analysis, BVPS Analysis, Earnings multiple approaches, and DuPont analysis. These tools can help investors make better investment decisions by providing more detailed insights into the company's financial performance and valuation

Oil & Natural Gas Corporation Limited ROCE

The Return on Capital Employed (ROCE) is a crucial ratio that measures how effectively a company uses its capital to generate profits. At Oil & Natural Gas Corporation Limited, we provide you with the ROCE data you need to make informed investment decisions. Our ROCE analysis reflects the company's ability to utilize its capital efficiently, enabling you to assess its profitability and overall performance. Access the financials table or ratio section on this page to explore the ROCE ratio for Oil & Natural Gas Corporation Limited.

Oil & Natural Gas Corporation Limited EBITDA

EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a key metric that investors consider when evaluating a company's operational performance. On this analysis page, we provide you with the EBITDA data for Oil & Natural Gas Corporation Limited. By assessing the EBITDA, you can gain insights into the company's operating profitability and its ability to generate earnings from its core operations. Look for the EBITDA ratio in the financials table or ratio section to make informed investment decisions.

Oil & Natural Gas Corporation Limited DPS

The Dividends Per Share (DPS) ratio is significant for investors seeking regular income from their investments. At Oil & Natural Gas Corporation Limited, we offer the DPS data you need to assess the company's dividend-paying capacity. By evaluating the DPS ratio, you can understand the amount of dividend distributed per share and gauge the company's commitment to shareholders. Find the DPS ratio in the financials table or ratio section to make well-informed investment choices.

Oil & Natural Gas Corporation Limited EPS

Earnings Per Share (EPS) is a fundamental ratio that provides insights into a company's profitability on a per-share basis. Assessing the EPS allows investors to gauge the company's earnings generation potential and determine its value in the market. At Oil & Natural Gas Corporation Limited, we provide you with the EPS data you need to make informed investment decisions. Look for the EPS ratio in the financials table or ratio section to evaluate Oil & Natural Gas Corporation Limited's earning potential per share.

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