Financial Results for the Financial Year ended 31.03.2026

Contingent liabilities increasedRelated-party transactionsEmphasis of matterProfit growth above 25%EBITDA margin expansionExceptional itemResults View source PDF Explain this filing

ONGC · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-4.9%Reaction day

₹287.35

prior close

₹284.20

announcement price

After-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.2%-5.1% vs market

Oil Exploration & Production peers, median of 5sector+0.0%-4.9% vs sector

On the reaction day the stock moved 5.1 pts less than Nifty 100 and 4.9 pts less than its Oil Exploration & Production peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.7

10m

-2.5

15m

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30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-4.9+0.2-5.1+0.0-4.9

Next day

-7.5-1.2-6.3-1.2-6.3

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-6.6-2.0-4.6+1.9-8.5

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15d

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-18.6+0.3-18.9-1.9-16.8

-17.0+0.7-17.8-4.1-13.0

-19.3+1.5-20.8+1.3-20.6

UpDownMarket · Nifty 100Sector · Oil Exploration & Production peers, median of 5Pending

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AI summary

ONGC reported standalone revenue of ₹132,508 crore for FY26, down 3.9% from ₹137,846 crore in FY25. Profit after tax declined to ₹32,894 crore from ₹35,610 crore, a 7.6% fall. Operating margin compressed to 35.43% from 37.26%, while net profit margin fell to 24.82% from 25.83%. The company recommended a final dividend of ₹1 per share. The Board also approved a 50:50 joint venture with Gujarat Maritime Board for a 5 MMTPA liquid port at Dahej. Auditors issued an unmodified opinion but drew attention to a ₹15,225 crore contingent liability from the PMT JV arbitration with GOI, and provision of ₹19,645 crore recognised for Service Tax/GST disputes on royalty. Related party transactions include a USD 325 million parent guarantee for Brazil operations.

Likely market impact

Revenue and profit decline reflects challenging commodity price environment. Despite strong cash flows and healthy debt ratios, contingent liabilities and governance issues (lack of Independent Directors) remain watch items for investors.

By the numbersConsolidated · Q4 FY26 vs Q4 FY25

	Q4 FY26	Q4 FY25	Change
Revenue	₹1,73,805 Cr	₹1,70,812 Cr	+1.8%
Operating profit	₹12,941 Cr	₹9,541 Cr	+35.6%
Profit after tax	₹13,678 Cr	₹8,856 Cr	+54.4%
EBITDA margin	14.3%	12.8%	+1.5 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.