Oil and Natural Gas Corporation
- Market cap
- ₹ 2,84,314 Cr.
- P/E
- 6.5x
- P/B
- 0.76x
- 52-week range
- 218.53 – 307.5
- ROE
- 12%
- ROCE
- 14%
- Dividend yield
- 5.9%
- Debt / equity
- 0.47
- Sector
- Oil
- Industry
- Oil Exploration & Production
- Listed on
- NSE, BSE
About
Oil and Natural Gas Corporation Limited is an India-based integrated oil and gas company. The Company is engaged in exploration, development and production of crude oil, natural gas and value-added products in India and acquisition of oil and gas acreages outside India for exploration, development and production, downstream (Refining and marketing of petroleum products), Petrochemicals, Power Generation, liquefied natural gas (LNG) supply, Pipeline Transportation, special economic zone (SEZ) development, Helicopter services, Manufacturing of Ethanol and Sugar, Green and Renewable energy business. Its segments include Exploration and Production, Refining & Marketing, and Petrochemicals. Its geographical segments consist of India, which includes offshore and onshore, and Outside India. Its subsidiaries include ONGC Videsh Limited, ONGC Green Limited, Mangalore Refinery and Petrochemicals Limited, Hindustan Petroleum Corporation Limited, HPCL Biofuels Limited, and among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Oil Exploration & Production: 7 companies →Oil and Natural Gas Corporation against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.5 against a typical 45.1: cheaper than most peers (1st = cheapest).1st of 6
- Sales growth+25.7% against a typical +53.6% from a year earlier.6th of 6
- Profit growth−43.3% against a typical +96.7% from a year earlier.4th of 5
- Share price, 3 months−5.6% against a typical −2.2%.5th of 7
- Size₹ 2,84,314.3 Cr. market value against a typical ₹ 3,986.6 Cr. (1st = largest).1st of 7
Latest announcements
Exchange filings and their impact on the company.
- ONGC names internal ED Sunil Kumar as next Chairman from Dec 2026 for 3-year term.
ONGC said the Ministry of Petroleum and Natural Gas has conveyed that the Appointments Committee of the Cabinet has approved the appointment of Shri Sunil Kumar, Executive Director, as Chairman. He will assume charge on or after 7 December 2026 till his superannuation on 31 December 2028 and thereafter on contract basis for a combined tenure of three years. As an internal appointment, it ensures leadership continuity with no immediate impact on operations or finances.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE AAA | Stable | 7 Oct 2026 |
| ICRA | [ICRA]AAA | Stable | 19 Mar 2026 |
| India Ratings | Withdrawn | Stable | 30 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Oct 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 52,500 Cr. | |
| 19 Mar 2026 | Rating action | [ICRA]AAA | — | ICRA | ₹ 34,860 Cr. | |
| 30 Oct 2025 | Withdrawn | was IND AAA | — | India Ratings | ₹ 47,360 Cr. | |
| 8 Oct 2025 | Reaffirmed | CARE AAA | — | CARE | ₹ 52,500 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 5 Nov 2026Upcoming | Financial Results/Dividend | To consider and approve the financial results for the period ended September 30, 2026 and dividend |
| 4 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended March 31, 2026, dividend and other business matters |
| 12 Feb 2026 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended December 31, 2025, dividend and other business matters |
| 10 Nov 2025 | Financial Results/Dividend/Other business matters | To consider and approve the financial results for the period ended September 30, 2025, dividend and other business matters |
| 12 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 21 May 2025 | Financial Results/Dividend | Board Meeting Intimation for consideration and approval of Audited Financial Results of the Company for the Quarter and Financial Year ended 31st March, 2025 and Recommendation of Final Dividend, if any, for the Financial Year ended on 31st March, 2025. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,47,614 | 1,67,357 | 1,72,137 | 1,68,968 | 1,59,331 | 1,67,213 | 1,67,749 | 1,63,106 | 1,57,911 | 1,67,423 | 1,73,801 | 2,04,987 |
| Expenses | 1,19,534 | 1,46,996 | 1,48,913 | 1,47,183 | 1,38,757 | 1,42,858 | 1,45,983 | 1,37,336 | 1,31,390 | 1,42,088 | 1,48,449 | 1,89,502 |
| Operating Profit | 28,080 | 20,360 | 23,224 | 21,785 | 20,574 | 24,354 | 21,766 | 25,770 | 26,521 | 25,335 | 25,352 | 15,485 |
| OPM % | 19% | 12% | 13% | 13% | 13% | 15% | 13% | 16% | 17% | 15% | 15% | 8% |
| Other Income | 3,673 | 4,299 | 3,375 | 3,535 | 4,162 | 2,415 | 3,548 | 2,464 | 3,447 | 3,450 | 5,702 | 3,858 |
| Interest | 3,243 | 3,203 | 3,608 | 3,694 | 3,827 | 3,750 | 3,264 | 3,341 | 3,411 | 3,207 | 3,070 | 2,854 |
| Depreciation | 7,079 | 7,494 | 8,420 | 8,501 | 8,254 | 9,539 | 8,912 | 9,384 | 9,273 | 9,388 | 9,345 | 9,477 |
| Profit before tax | 21,431 | 13,962 | 14,570 | 13,125 | 12,655 | 13,480 | 13,137 | 15,509 | 17,284 | 16,190 | 18,640 | 7,012 |
| Tax % | 25% | 25% | 24% | 26% | 22% | 28% | 32% | 26% | 27% | 26% | 27% | 7% |
| Net Profit | 16,171 | 10,511 | 11,096 | 9,776 | 9,841 | 9,747 | 8,965 | 11,554 | 12,615 | 11,946 | 13,678 | 6,554 |
| EPS in Rs | 10.89 | 8.51 | 7.97 | 7.93 | 8.14 | 6.82 | 5.91 | 7.79 | 8.57 | 7.96 | 8.6 | 9.46 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- 15%
- 3 Years
- −1%
- TTM
- 7%
- 10 Years
- 9%
- 5 Years
- 21%
- 3 Years
- 1%
- TTM
- 21%
- 10 Years
- 4%
- 5 Years
- 17%
- 3 Years
- 11%
- TTM
- —
- 10 Years
- 13%
- 5 Years
- 14%
- 3 Years
- 13%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Oil and Natural Gas Corporation | ₹ 224.89 | ₹ 2,84,314 Cr. | 6.5x | 0.8x | 12% | — |
| Reliance Industries | ₹ 1,190.00 | ₹ 16,10,372 Cr. | 22.2x | 2x | — | 7.7% |
| Oil India | ₹ 446.10 | ₹ 72,563 Cr. | 10.7x | 1.2x | 12.3% | 20.4% |
| Petronet LNG | ₹ 285.95 | ₹ 44,250 Cr. | 10.5x | 1.8x | 18.6% | 9% |
| Castrol India | ₹ 194.80 | ₹ 19,268 Cr. | 18.9x | 9.6x | — | 16.4% |
| Chennai Petroleum Corporation | ₹ 1,478.10 | ₹ 21,950 Cr. | 5.8x | 1.6x | 32.1% | 4% |
Management
- Arun Kumar Singh
- Chairman of the Board, Chief Executive Officer
- Anupam Agarwal
- Chief Financial Officer, Executive Director, Director (Finance)
- Shashi Bhushan Singh
- Compliance Officer, Company Secretary
- Manish Patil
- Executive Director, Director (Human Resources)
- Satyan Kumar
- Executive Director, Director (Strategy & Corporate Affairs)
- Vikram Saxena
- Executive Director, Director (Technology and Field Services), Director (Exploration), Director (Production)
- Om Prakash Sinha
- Director - Exploration, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.