Oil & Natural Gas Corporation Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 6.8x vs industry 26.8x)
- Trading below book value (P/B 0.8x)
- Low debt relative to equity (D/E 0.5x)
- Regular dividends — yield 5.7%
Concerns
Today's Price Action
The stock traded flat at ₹234.65, matching the previous close with zero percent change. Volume stood at 5,33,69,72 shares, exactly equal to the 20‑day average, indicating that the market’s participation today mirrors the recent trading rhythm and that no unusual buying or selling pressure is evident.
Valuation Snapshot
ONGC’s trailing twelve‑month P/E ratio sits at 6.68, comfortably below the sector’s undefined benchmark, suggesting a relatively inexpensive earnings multiple. The company delivers a return on equity of 11.6 percent, which points to a moderate ability to generate profit from shareholders’ capital.
Key Levels to Watch
The current price lies near the lower end of the 52‑week range, with the 52‑week low at ₹228 and the high at ₹308; this proximity to the support zone may be relevant for risk‑aware participants. Open‑interest‑derived resistance is observed around the ₹240‑₹245 region, while a prior intraday swing high near ₹250 acts as another technical ceiling.
Chart Pattern
A gravestone doji appeared on the daily chart nine sessions ago, signalling a potential shift in market sentiment after a prior uptrend; the candle’s long upper shadow and negligible closing price relative to the open reflect a decisive rejection of higher levels on that day.
Data Summary
Key metrics for the company include a market‑capitalisation figure reported as zero crore, an unchanged LTP of ₹234.65, and a P/B ratio recorded as 0.00. The stock’s recent activity is characterized by a stable volume profile and a trailing P/E that remains on the lower side of historical norms.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,322 | ₹17.9L Cr | 23.9 | 1.98 | 8.91 | 10.3 | 0.45 |
| COALINDIA Coal India Limited | ₹415 | ₹2.6L Cr | 8.2 | 2.15 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹1.9L Cr | 5.77 | 0.89 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹316 | ₹1.4L Cr | 8.84 | 1.37 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.5 | 1.28 | 8.71 | 9.67 | 0.25 |
| OIL Oil India Limited | ₹488 | ₹79K Cr | 9.51 | 1.37 | 12.2 | 11.5 | 0.64 |
| HINDPETRO Hindustan Petroleum Corporation Limited | ₹357 | ₹76K Cr | 45.4 | 1.16 | 30.9 | 22.2 | 1.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ONGC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 58.89% | 58.89% | 58.89% | 58.89% | 58.89% | 58.89% |
| FII | 9.20% | 8.88% | 8.57% | 8.12% | 7.53% | 7.11% |
| DII | 18.73% | 18.88% | 18.75% | 19.04% | 19.40% | 19.93% |
| Public | 2.89% | 3.05% | 3.50% | 3.65% | 3.88% | 3.76% |
| Govt | 10.30% | 10.30% | 10.30% | 10.30% | 10.30% | 10.30% |
Corporate Events
Dividend - Re 1 Per Share
To consider and approve the financial results for the period ended Jun 30, 2026
To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters
Interim Dividend - Rs 6.25 Per Share
Interim Dividend - Rs 6 Per Share
Dividend - Rs 1.25 Per Share
Interim Dividend - Rs 5 Per Share
Interim Dividend - Rs 6 Per Share
Record: 19 Nov 2024
Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 4 Per Share
Record: 16 Feb 2024
Latest News
All newsONGC to invest ₹1 lakh crore in deepwater oil exploration
*ONGC to invest ₹1 lakh crore in deepwater oil exploration*. The ambitious plan aims to significantly boost domestic crude oil and natural gas production over the next decade. The move underscores a strategic shift towards self-reliance in energy, reducing import dependence. Deepwater projects could add **5-6 million metric tonnes** of annual output by 2030. 📊 *STOCKS:* $ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
India imports over 50% of oil from Russia
*India imports over 50% of its oil from Russia.* This shift has led to **over 50%** of crude oil imports coming from Russia, up from minimal levels pre-2022. The cost-effective sourcing is benefiting public sector oil companies and refining margins. Geopolitical tensions and Western sanctions have not deterred Indian refiners from leveraging discounted Russian crude. 📊 *STOCKS:* ONGC, IOCL, HPCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
India regains stake in Russia’s Sakhalin-1 oil project
*India regains stake in Russia’s Sakhalin-1 oil project* after complex negotiations. The country now reclaims operatorship rights, boosting energy security. This move follows India’s earlier acquisition of a **2.5% stake** in the project for **$150 million**. Strategic gains may enhance future hydrocarbon imports from Russia. 📊 *STOCKS:* ONGC, OIL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
ONGC profit surges on high crude prices
*ONGC profit surges on high crude prices.* Revenue rose **32% YoY** with net profit at **₹12,450 crore** in Q4, driven by elevated global crude prices. Strong operating margins in exploration and production boosted bottomline. Government dividend expectations may rise. 📊 *STOCKS:* ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Earnings
ONGC beats profit estimate on oil price surge
ONGC reported higher-than-expected profits driven by a surge in global oil and gas prices. Revenue rose **18% YoY** with EBITDA up **22%**, surpassing analyst forecasts. Strong commodity prices and improved production volumes boosted margins. Government dividend expectations remain unchanged. 📊 *STOCKS:* $ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
US-Iran tensions spike crude oil prices globally
*US-Iran tensions spike crude oil prices globally*. Geopolitical risks have pushed international crude benchmarks higher, with Brent crude rising to **$85.42/barrel**. This has led to increased pressure on India's refining and fuel pricing outlook. Domestic petrol and diesel prices may see upward revision, impacting inflation and oil marketing companies. 📊 *STOCKS:* ONGC, RELIANCE, IOCL | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
Govt assigns ONGC to build ₹15,000 crore strategic oil reserve
*Govt assigns ONGC to build ₹15,000 crore strategic oil reserve.* The project aims to enhance India's energy security by creating additional underground storage capacity for crude oil. This capex outlay signals strong state backing for ONGC’s infrastructure role. The move could lead to long-term asset expansion and revenue visibility. 📊 *STOCKS:* ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #Energy
ONGC discovers major natural gas reserve in Andaman Basin
*ONGC discovers major natural gas reserve in Andaman Basin.* This find could boost India’s domestic hydrocarbon production and reduce import dependence. Initial estimates suggest reserves of **~200 million cubic feet per day**, with commercial production expected in **3–4 years**. The discovery marks a strategic leap for India’s energy security. 📊 *STOCKS:* ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #NaturalGas
Oil India plunges 10% as crude prices drop to $91
*Oil India plunges 10% as crude prices drop to $91* due to Brent crude slipping to **$91/barrel**, impacting upstream producers. ONGC also falls **nearly 3%**, tracking the sell-off in energy stocks. Lower oil prices may pressure near-term earnings for exploration companies. 📊 *STOCKS:* OIL, ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #crude
Oil India tanks 10% on Brent crude drop to $91
*Oil India tanks 10% on Brent crude drop to $91* — Brent crude slipped to **$91/barrel**, hitting energy stocks. Oil India crashed **10%**, while ONGC fell nearly **3%** due to valuation concerns. Lower oil prices may impact future earnings and capex plans. 📊 *STOCKS:* OIL, ONGC | 🏢 *SECTOR:* Energy | #HIGHIMPACT #crude
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.7L Cr 6.0% | ₹1.6L Cr 3.2% | ₹1.6L Cr 2.8% | ₹1.7L Cr 0.3% | ₹1.7L Cr 4.9% | ₹1.6L Cr 5.7% | ₹1.7L Cr 1.8% | ₹1.7L Cr |
| Op. Profit | ₹25.3K Cr 4.5% | ₹26.5K Cr 2.9% | ₹25.8K Cr 18.4% | ₹21.8K Cr 10.6% | ₹24.4K Cr 18.4% | ₹20.6K Cr 5.6% | ₹21.8K Cr 6.2% | ₹23.2K Cr |
| OPM | 15.0% 11.8% | 17.0% 6.3% | 16.0% 23.1% | 13.0% 13.3% | 15.0% 15.4% | 13.0% 0.0% | 13.0% 0.0% | 13.0% |
| Net Profit | ₹11.9K Cr 5.3% | ₹12.6K Cr 9.2% | ₹11.6K Cr 28.9% | ₹9.0K Cr 8.0% | ₹9.7K Cr 1.0% | ₹9.8K Cr 0.7% | ₹9.8K Cr 11.9% | ₹11.1K Cr |
| EPS (₹) | 7.96 7.1% | 8.57 10.0% | 7.79 31.8% | 5.91 13.3% | 6.82 16.2% | 8.14 2.6% | 7.93 0.5% | 7.97 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹6.1L Cr 0.6% | ₹6.1L Cr 1.7% | ₹6.0L Cr 4.9% | ₹6.3L Cr 28.7% | ₹4.9L Cr 61.7% | ₹3.0L Cr 23.4% | ₹4.0L Cr 5.9% | ₹4.2L Cr 30.7% | ₹3.2L Cr 14.2% | ₹2.8L Cr |
| Expenses | ₹5.1L Cr 3.4% | ₹5.2L Cr 4.8% | ₹5.0L Cr 10.3% | ₹5.6L Cr 35.3% | ₹4.1L Cr 61.7% | ₹2.5L Cr 26.2% | ₹3.4L Cr 0.6% | ₹3.5L Cr 30.5% | ₹2.7L Cr 15.7% | ₹2.3L Cr |
| Op. Profit | ₹1.0L Cr 16.1% | ₹88.9K Cr 13.2% | ₹1.0L Cr 35.6% | ₹75.5K Cr 5.4% | ₹79.9K Cr 61.4% | ₹49.5K Cr 5.1% | ₹52.1K Cr 30.4% | ₹74.8K Cr 31.5% | ₹56.9K Cr 7.7% | ₹52.8K Cr |
| OPM | 17.0% 13.3% | 15.0% 11.8% | 17.0% 41.7% | 12.0% 25.0% | 16.0% 0.0% | 16.0% 23.1% | 13.0% 27.8% | 18.0% 0.0% | 18.0% 5.3% | 19.0% |
| Other Income | ₹14.9K Cr 12.4% | ₹13.3K Cr 9.7% | ₹14.7K Cr 49140.0% | ₹-30 Cr 100.4% | ₹6.8K Cr 39.7% | ₹11.3K Cr 1047.8% | ₹982 Cr 89.7% | ₹9.6K Cr 8.3% | ₹10.4K Cr 18.0% | ₹12.7K Cr |
| Interest | ₹13.0K Cr 10.4% | ₹14.5K Cr 11.6% | ₹13.0K Cr 65.1% | ₹7.9K Cr 38.5% | ₹5.7K Cr 12.1% | ₹5.1K Cr 32.2% | ₹7.5K Cr 28.3% | ₹5.8K Cr 16.8% | ₹5.0K Cr 39.2% | ₹3.6K Cr |
| Depreciation | ₹37.4K Cr 6.2% | ₹35.2K Cr 15.7% | ₹30.4K Cr 24.0% | ₹24.6K Cr 8.7% | ₹26.9K Cr 5.3% | ₹25.5K Cr 4.1% | ₹26.6K Cr 12.4% | ₹23.7K Cr 2.6% | ₹23.1K Cr 14.3% | ₹20.2K Cr |
| PBT | ₹67.6K Cr 29.1% | ₹52.4K Cr 28.8% | ₹73.6K Cr 71.0% | ₹43.1K Cr 20.4% | ₹54.1K Cr 79.5% | ₹30.1K Cr 58.9% | ₹19.0K Cr 65.4% | ₹54.8K Cr 39.9% | ₹39.2K Cr 6.0% | ₹41.7K Cr |
| Tax % | 26.0% 3.7% | 27.0% 8.0% | 25.0% 4.2% | 24.0% 166.7% | 9.0% 69.0% | 29.0% 27.5% | 40.0% 5.3% | 38.0% 11.8% | 34.0% 13.3% | 30.0% |
| Net Profit | ₹49.8K Cr 29.9% | ₹38.3K Cr 30.7% | ₹55.3K Cr 68.6% | ₹32.8K Cr 33.5% | ₹49.3K Cr 130.8% | ₹21.4K Cr 86.5% | ₹11.5K Cr 66.2% | ₹33.9K Cr 30.2% | ₹26.1K Cr 10.6% | ₹29.2K Cr |
| EPS (₹) | 32.93 14.3% | 28.8 26.3% | 39.06 38.7% | 28.17 22.2% | 36.19 179.2% | 12.96 50.9% | 8.59 64.6% | 24.28 40.9% | 17.23 9.5% | 19.03 |
| Div Payout | 22.0% 48.8% | 43.0% 38.7% | 31.0% 22.5% | 40.0% 37.9% | 29.0% 3.6% | 28.0% 51.7% | 58.0% 100.0% | 29.0% 23.7% | 38.0% 5.0% | 40.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 0.0% | ₹6.3K Cr 2.0% | ₹6.4K Cr 0.0% | ₹6.4K Cr |
| Reserves | ₹3.6L Cr 7.2% | ₹3.4L Cr 1.3% | ₹3.3L Cr 21.3% | ₹2.7L Cr 8.4% | ₹2.5L Cr 17.9% | ₹2.1L Cr 8.0% | ₹2.0L Cr 5.6% | ₹2.1L Cr 6.6% | ₹2.0L Cr 5.1% | ₹1.9L Cr |
| Borrowings | ₹1.8L Cr 6.3% | ₹1.9L Cr 1.8% | ₹1.9L Cr 34.4% | ₹1.4L Cr 16.6% | ₹1.2L Cr 8.4% | ₹1.3L Cr 2.9% | ₹1.3L Cr 20.2% | ₹1.1L Cr 1.1% | ₹1.1L Cr 33.1% | ₹80.0K Cr |
| Other Liabilities | ₹2.4L Cr 7.3% | ₹2.2L Cr 7.3% | ₹2.1L Cr 8.5% | ₹1.9L Cr 5.7% | ₹2.0L Cr 7.6% | ₹1.9L Cr 7.9% | ₹1.7L Cr 3.7% | ₹1.7L Cr 12.8% | ₹1.5L Cr 12.6% | ₹1.7L Cr |
| Total Liabilities | ₹7.8L Cr 3.8% | ₹7.5L Cr 2.2% | ₹7.4L Cr 20.1% | ₹6.1L Cr 5.1% | ₹5.8L Cr 7.7% | ₹5.4L Cr 6.6% | ₹5.1L Cr 3.3% | ₹4.9L Cr 7.2% | ₹4.6L Cr 3.3% | ₹4.4L Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.6L Cr 6.7% | ₹3.4L Cr 7.2% | ₹3.2L Cr 26.5% | ₹2.5L Cr 1.4% | ₹2.5L Cr 4.4% | ₹2.4L Cr 0.1% | ₹2.4L Cr 5.9% | ₹2.3L Cr 1.9% | ₹2.3L Cr 7.1% | ₹2.1L Cr |
| CWIP | ₹94.6K Cr 16.0% | ₹1.1L Cr 5.2% | ₹1.2L Cr 4.2% | ₹1.1L Cr 6.8% | ₹1.1L Cr 6.4% | ₹1.0L Cr 19.7% | ₹83.8K Cr 21.4% | ₹69.1K Cr 12.3% | ₹61.5K Cr 4.2% | ₹59.0K Cr |
| Investments | ₹1.0L Cr 5.5% | ₹95.6K Cr 5.2% | ₹1.0L Cr 27.9% | ₹78.9K Cr 18.4% | ₹66.6K Cr 10.5% | ₹60.3K Cr 6.3% | ₹56.8K Cr 15.2% | ₹66.9K Cr 0.6% | ₹67.3K Cr 4.8% | ₹70.7K Cr |
| Other Assets | ₹2.2L Cr 9.2% | ₹2.0L Cr 2.2% | ₹2.0L Cr 17.9% | ₹1.7L Cr 9.0% | ₹1.6L Cr 13.2% | ₹1.4L Cr 10.9% | ₹1.2L Cr 1.7% | ₹1.3L Cr 20.8% | ₹1.0L Cr 0.7% | ₹1.0L Cr |
| Total Assets | ₹7.8L Cr 3.8% | ₹7.5L Cr 2.2% | ₹7.4L Cr 20.1% | ₹6.1L Cr 5.1% | ₹5.8L Cr 7.7% | ₹5.4L Cr 6.6% | ₹5.1L Cr 3.3% | ₹4.9L Cr 7.2% | ₹4.6L Cr 3.3% | ₹4.4L Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹90.9K Cr 8.1% | ₹98.8K Cr 17.4% | ₹84.2K Cr 7.6% | ₹78.2K Cr 65.8% | ₹47.2K Cr 33.2% | ₹70.6K Cr 14.9% | ₹61.5K Cr 8.2% | ₹56.8K Cr 24.1% | ₹45.8K Cr 1.1% | ₹46.3K Cr |
| Investing CF | ₹-42.9K Cr 25.3% | ₹-57.4K Cr 21.1% | ₹-72.8K Cr 76.7% | ₹-41.2K Cr 5.3% | ₹-39.1K Cr 26.4% | ₹-53.2K Cr 43.2% | ₹-37.1K Cr 44.4% | ₹-66.8K Cr 52.5% | ₹-43.8K Cr 14.5% | ₹-38.3K Cr |
| Financing CF | ₹-47.9K Cr 6.4% | ₹-45.0K Cr 248.5% | ₹-12.9K Cr 63.9% | ₹-35.8K Cr 334.4% | ₹-8.2K Cr 50.7% | ₹-16.7K Cr 28.3% | ₹-23.3K Cr 335.4% | ₹9.9K Cr 630.7% | ₹-1.9K Cr 79.2% | ₹-9.0K Cr |
| Net Cash Flow | ₹68 Cr 101.9% | ₹-3.6K Cr 138.4% | ₹-1.5K Cr 219.3% | ₹1.3K Cr 746.7% | ₹-195 Cr 127.5% | ₹708 Cr 29.3% | ₹1.0K Cr 1132.0% | ₹-97 Cr 198.0% | ₹99 Cr 110.6% | ₹-935 Cr |
| Free Cash Flow | ₹50.1K Cr 17.8% | ₹61.0K Cr 27.7% | ₹47.8K Cr 5.8% | ₹45.2K Cr 198.1% | ₹15.1K Cr 47.3% | ₹28.7K Cr 19.5% | ₹35.7K Cr 22.8% | ₹29.1K Cr 14.2% | ₹25.4K Cr 18.4% | ₹31.2K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13d 8.3% | 12d 9.1% | 11d 21.4% | 14d 26.3% | 19d 137.5% | 8d 38.5% | 13d 18.8% | 16d 0.0% | 16d 36.0% | 25d |
| Inventory Days | 99d 13.8% | 87d 42.6% | 61d 32.2% | 90d 5.9% | 85d 84.8% | 46d 4.2% | 48d 14.3% | 56d 13.8% | 65d 38.1% | 105d |
| Days Payable | 64d 4.9% | 61d 32.6% | 46d 30.3% | 66d 29.4% | 51d 64.5% | 31d 24.4% | 41d 14.6% | 48d 5.9% | 51d 82.4% | 290d |
| Cash Conv. Cycle | 47d 23.7% | 38d 40.7% | 27d 30.8% | 39d 27.8% | 54d 134.8% | 23d 9.5% | 21d 12.5% | 24d 20.0% | 30d 118.6% | -161d |
| Working Capital Days | -37d 19.6% | -46d 53.3% | -30d 25.0% | -24d 52.0% | -50d 7.4% | -54d 22.7% | -44d 27.9% | -61d 28.2% | -85d 44.1% | -59d |
| ROCE | 12.0% 33.3% | 18.0% 28.6% | 14.0% 12.5% | 16.0% 77.8% | 9.0% 10.0% | 10.0% 47.4% | 19.0% 35.7% | 14.0% 17.6% | 17.0% 30.8% | 13.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Oil & Natural Gas Corporation Limited
ONGC is the largest crude oil and natural gas Company in India, contributing around 71 per cent to Indian domestic production
Oil, Gas & Consumable FuelsOil