Oil & Natural Gas Corporation Ltd.

NSE: ONGC BSE: 500312 SECTOR: Oil Exploration  333k   3k   938

141.10
+0.85 (0.61%)
NSE: Today, 03:59 PM

Price Summary

Today's High

₹ 141.8

Today's Low

₹ 139.6

52 Week High

₹ 194.95

52 Week Low

₹ 119.85

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.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

177507.74 Cr.

Enterprise Value

183668.41 Cr.

No. of Shares

1258.03 Cr.

P/E

3.89

P/B

0.69

Face Value

₹ 5

Div. Yield

3.02 %

Book Value (TTM)

₹  205.13

CASH

236.23 Cr.

DEBT

6396.9 Cr.

Promoter Holding

58.89 %

EPS (TTM)

₹  36.29

Sales Growth

62.03%

ROE

18.25 %

ROCE

18.74%

Profit Growth

258.39 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

Index Presence

The company is present in 41 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

3.6

Interest Cover Ratio

18.3908414983588

CFO/PAT (5 Yr. Avg.)

1.92090035169879

Share Holding Pattern

Promoter Pledging %

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

 Strengths

  • The company has significantly decreased its debt by 8625.762 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 18.3908414983588.
  • The Company has been maintaining an effective average operating margins of 27.8069162852803% in the last 5 years.
  • Company’s PEG ratio is 0.0150472093846126.
  • The company has an efficient Cash Conversion Cycle of 59.4108087543442 days.
  • The company has a good cash flow management; CFO/PAT stands at 1.92090035169879.
  • The company has a high promoter holding of 58.89%.

 Limitations

  • The company has shown a poor revenue growth of 0.209697130456976% for the Past 3 years.
  • Company has contingent liabilities of 65546.105 Cr.
  • Tax rate is low at 1.78910636080626.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
Net Sales 24353.61 28472.91 34497.24 42320.72 38320.76
Total Expenditure 11826.08 13621.72 18447.77 17589.74 22229.22
Operating Profit 12527.53 14851.19 16049.47 24730.98 16091.54
Other Income 3146.53 1491.64 1343.74 757.67 3529.43
Interest 578.75 581.6 579.8 635.56 666.85
Depreciation 3942.95 4338.07 5099.11 4510.12 2594.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 11152.36 11423.16 11714.3 20342.97 16359.49
Tax -7195.37 2659.44 2854.76 5137.12 3533.5
Profit After Tax 18347.73 8763.72 8859.54 15205.85 12825.99
Adjusted EPS (Rs) 14.58 6.97 7.04 12.09 10.2

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 Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Promoters 60.41 60.41 58.91 58.89 58.89
president of india 60.41 60.41 58.91 58.89 58.89
PARTICULARS Sep 2021% Dec 2021% Mar 2022% Jun 2022% Sep 2022%
Investors 39.59 39.59 41.09 41.11 41.11
life insurance cor... 10.59 10.44 9.73 9.64 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 4.04
icici prudential e... - - - - -
gail (india) limit... 2.45 2.45 2.45 2.45 2.45
cpse exchange trad... 1.92 1.84 1.93 1.77 2.17
nse clearing limit... - - 1.18 - -
iepf 0.01 0.01 0.01 0.01 -
investor education... - - - - 0.01

Annual Reports

Ratings & Research Reports

Company Presentations

  • PresentationQ4FY19 9 Jan 2020
  • PresentationQ4FY22 21 Jun 2022

Company News

Oil & Natural Gas Corporation reports 64% fall in Q2 consolidated net profit15 Nov 2022, 11:39AM ONGC - Quaterly Results14 Nov 2022, 10:34PM ONGC - Quaterly Results14 Nov 2022, 10:34PM ONGC’s arm proposes to retake 20% stake in Russia's Sakhalin-1: Source18 Oct 2022, 5:35PM ONGC's Institute of Drilling Technology inks MoU with IIT Kharagpur 13 Oct 2022, 3:40PM ONGC enters into MoU with Chevron New Ventures: Report20 Sep 2022, 10:49AM ONGC seeks government to scrap windfall tax 19 Sep 2022, 11:59AM ONGC inks 6 contracts for DSF in offshore during DSF-III12 Sep 2022, 9:09AM ONGC’s arm plans to establish one more 360 MW power unit at Palatana plant9 Sep 2022, 12:58PM ONGC’s arm gets seventh extension to explore for oil and gas in Vietnamese block29 Aug 2022, 2:57PM ONGC relaunches tender to sell gas from KG fields at higher price of $15 per mmBtu25 Aug 2022, 10:47AM ONGC signs agreement with ExxonMobil 18 Aug 2022, 9:56AM 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 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 3.88801631258439 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 12.293622639203 % 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 0.981561070698837 .

  • 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 18.2500022662099 % .(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 0.027 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 13.5095700349525 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - ONGC has reported revenue growth of 62.0258935081202 % which is fair 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 37.8623492908488 %.

  • 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 10.5 and the yield is 3.0162 %.

Brief about ONGC

X