ONGC
Oil & Natural Gas Corporation Limited (ONGC) Stock Analysis
Oil and Natural Gas Corporation Limited is India's largest crude oil and natural gas explorer, producing from onshore and offshore fields. It operates refineries linkage through subsidiaries and invests in upstream, LNG, and renewable energy. ONGC is central to India's energy security as a Maharatna PSU. It is widely held and listed on Indian stock exchanges.
Energy › Oil & Gas Integrated
₹221.30
-0.49% 1W | -10.80% 52W
Market Cap
278.4k CR
P/E Ratio
6.4
52W High
₹307.5
52W Low
₹218.5
Div. Yield
6.6%
Beta
0.2
50 DMA
₹234.4
200 DMA
₹258
Profit Margin
6.2%
Inst. Own.
22.4%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | 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 | 163,824 | 147,614 | 167,357 | 172,137 | 168,968 | 159,331 | 167,213 | 167,749 | 163,106 | 157,911 | 167,423 | 173,801 | 204,987 |
| Expenses | 133,029 | 119,534 | 146,996 | 148,913 | 147,183 | 138,757 | 142,858 | 145,983 | 137,336 | 131,390 | 142,088 | 148,449 | 189,502 |
| Operating Profit | 30,795 | 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% | 19% | 12% | 13% | 13% | 13% | 15% | 13% | 16% | 17% | 15% | 15% | 8% |
| Other Income | 3,069 | 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 | 2,364 | 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 | 7,078 | 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 | 24,422 | 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 % | 27% | 25% | 25% | 24% | 26% | 22% | 28% | 32% | 26% | 27% | 26% | 27% | 7% |
| Net Profit | 17,893 | 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 | 11.64 | 10.89 | 8.51 | 7.97 | 7.93 | 8.14 | 6.82 | 5.91 | 7.79 | 8.57 | 7.96 | 8.60 | 9.46 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 160,923 | 124,036 | 282,506 | 322,706 | 421,624 | 396,728 | 303,849 | 491,246 | 632,291 | 601,581 | 612,064 | 608,663 | 704,123 |
| Expenses | 118,610 | 84,901 | 229,702 | 265,817 | 346,805 | 344,623 | 254,375 | 411,373 | 556,764 | 499,198 | 523,207 | 505,543 | 611,429 |
| Operating Profit | 42,312 | 39,135 | 52,804 | 56,889 | 74,819 | 52,105 | 49,473 | 79,874 | 75,527 | 102,383 | 88,857 | 103,120 | 92,694 |
| OPM % | 26% | 32% | 19% | 18% | 18% | 13% | 16% | 16% | 12% | 17% | 15% | 17% | 13% |
| Other Income | 5,955 | 1,067 | 12,724 | 10,429 | 9,567 | 982 | 11,271 | 6,797 | -30 | 14,712 | 13,282 | 14,923 | 16,458 |
| Interest | 2,864 | 3,766 | 3,591 | 4,999 | 5,837 | 7,489 | 5,079 | 5,696 | 7,889 | 13,026 | 14,535 | 13,029 | 12,541 |
| Depreciation | 18,033 | 16,384 | 20,219 | 23,112 | 23,704 | 26,635 | 25,538 | 26,883 | 24,557 | 30,440 | 35,206 | 37,391 | 37,484 |
| Profit before tax | 27,370 | 20,052 | 41,718 | 39,208 | 54,846 | 18,962 | 30,126 | 54,091 | 43,051 | 73,629 | 52,398 | 67,623 | 59,127 |
| Tax % | 35% | 35% | 30% | 34% | 38% | 40% | 29% | 9% | 24% | 25% | 27% | 26% | |
| Net Profit | 17,703 | 13,102 | 29,169 | 26,068 | 33,938 | 11,456 | 21,360 | 49,294 | 32,778 | 55,273 | 38,329 | 49,793 | 44,793 |
| EPS in Rs | 14.29 | 10.03 | 19.03 | 17.23 | 24.28 | 8.59 | 12.96 | 36.19 | 28.17 | 39.06 | 28.80 | 32.93 | 34.59 |
| Dividend Payout % | 44% | 56% | 40% | 38% | 29% | 58% | 28% | 29% | 40% | 31% | 43% | 22% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -1.0% | 15.0% | 17.0% |
| Profit CAGR | 1.0% | 21.0% | 9.0% |
Shareholding Pattern
Promoters58.89%
FIIs7.08%
DIIs19.85%
Public3.88%
Promoters58.89%
FIIs6.98%
DIIs19.96%
Public3.87%
Promoters58.89%
FIIs7.43%
DIIs19.69%
Public3.69%
Promoters58.89%
FIIs7.97%
DIIs19.30%
Public3.54%
Promoters58.89%
FIIs8.01%
DIIs19.31%
Public3.50%
Promoters58.89%
FIIs7.97%
DIIs19.87%
Public2.94%
Promoters58.89%
FIIs8.88%
DIIs18.88%
Public3.05%
Promoters58.89%
FIIs7.11%
DIIs19.93%
Public3.76%
Promoters58.89%
FIIs7.97%
DIIs19.30%
Public3.54%
Promoters58.89%
FIIs8.01%
DIIs19.31%
Public3.50%
ONGC
Holdings Analysis
Key strengths & risk signals
54
Overall
64
Fundamental
45
Technical
Risks (4)
Revenue CAGR: -1.3% (DECLINING, 2/15). Profit CAGR: 4.1% (SLOW, 5/15).
WEAK POSITION! Current price (221.3) is below both moving averages.
WEAK YEAR! Stock declined 10.8% in the last year.
WEAK! Trading at 3.1% of 52W range - near yearly lows.
Strengths (3)
EXCELLENT DIVIDEND! 6.6% yield - very high income potential.
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 34.0 - watch for reversal.
Fundamental & Technical Analysis
54Overall
64Fundamental
45Technical
Fundamental Breakdown
Growth Quality
7/30
Revenue CAGR: -1.3% (DECLINING, 2/15). Profit CAGR: 4.1% (SLOW, 5/15).
Profit Margin
3/10
LOW MARGIN! 6.2% profit margin - thin profits.
PEG Valuation
8/10
FAIRLY VALUED! PEG of 1.56 indicates reasonable valuation.
Dividend Yield
10/10
EXCELLENT DIVIDEND! 6.6% yield - very high income potential.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
20/20
VERY LESS PUBLIC HOLDING! 2.87% public ownership - strong promoter/institutional control.
Stability Index
6/10
MODERATE STABILITY! 2 revenue dips in history. Acceptable but monitor closely.
Technical Breakdown
Moving Averages
5/10
BEARISH TREND! 50-day average (234.4) is below 200-day average (258.0) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (221.3) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
2/10
WEAK YEAR! Stock declined 10.8% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 14 up days, 15 down days. Avg volume on up days: 10,501,449 vs down days: 11,454,438. Ratio: 0.92x
RSI
4/5
APPROACHING OVERSOLD! RSI at 34.0 - watch for reversal.
52W Range
1/5
WEAK! Trading at 3.1% of 52W range - near yearly lows.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 0.5% (1 week), 5.5% (1 month), 9.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.20 - stable stock, less market risk.
ONGC
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q3FY262026-02-20 | Concall PDF | |
| Q2FY262025-11-18 | Concall PDF |
Peer Comparison
Energy · Oil & Gas Integrated · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ONGC | ₹221.30 | 6.4 | 6.2% | -1.3% | 4.1% | -10.8% | 54 | BREAKDOWN | +21.4% | +10.0% | +25.7% | +17.9% |
| OIL | ₹443.50 | 8.6 | 21.7% | -2.0% | -8.8% | +6.9% | 58 | BREAKDOWN | +91.4% | +72.9% | +57.7% | +34.5% |
| COALINDIA | ₹411.60 | 8.1 | 18.1% | 9.3% | -0.7% | +6.5% | 61 | APPROACHING SUPPORT | +0.6% | -18.3% | +7.8% | -0.5% |
| ADANIENT | ₹2,634.40 | 42.5 | 6.5% | -7.7% | 55.9% | +1.8% | 68 | BREAKDOWN | -231.1% | +425.7% | +49.9% | +1.5% |
| IOC | ₹126.30 | 5.3 | 3.9% | -2.2% | 62.6% | -18.1% | 59 | BOUNCE FROM SUPPORT | -123.9% | -111.3% | +38.5% | +27.9% |
| BPCL | ₹287.80 | 7.2 | 3.5% | -1.2% | 129.7% | -15.5% | 59 | APPROACHING SUPPORT | -127.4% | -133.3% | +34.4% | +27.4% |
| HINDPETRO | ₹326.00 | 41.5 | 0.4% | 0.2% | – | -25.1% | 46 | APPROACHING SUPPORT | -398.3% | -302.2% | +26.9% | +22.3% |
| AEGISLOG | ₹1,388.90 | 39 | 13.9% | -1.3% | 24.7% | +70.1% | 80 | BREAKOUT | +268.9% | +18.0% | +37.1% | -9.2% |
Data from TradeAlone · Updated daily
ONGC News
Oil & Natural Gas Corporation Limited (ongc) Discovers Gas Flow in Deepwater Exploration2026-09-21Oil & Natural Gas Corporation Limited Announces Enhanced Gas Availability in North-east2026-08-18Oil & Natural Gas Corporation Limited (ongc) Q1 Fy’27: New Well Gas Revenue Up ₹ 3,998 Crore2026-08-04Oil & Natural Gas Corporation Limited (ongc) Commences Mn-dw18-1-h-d Deepwater Exploration Drilling2026-07-25Oil & Natural Gas Corporation Limited (ongc) Advances Geothermal Energy Project in Ladakh2026-07-17Oil & Natural Gas Corporation Limited (ongc) Announces Significant Production Increase Potential2026-05-25
