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Companies›Energy›Oil Gas & Consumable Fuels›Oil
NSE:ONGC

OIL AND NATURAL GAS CORP.

Oil Gas & Consumable Fuels › Oil·NIFTY 100NIFTY 200NIFTY 50NIFTY 500+6
₹229.85
at close · 27 Oct 2026
▲ 1.41 (+0.62%)
ThemesArtificial Intelligence· growingSolar Energy· growingWind Energy· growing

Latest filings

Next results: Thu, 5 Nov · Financial Results/Dividend
  1. ONGC board to review September results and interim dividend · Board & Shareholder Meetings
  2. Sunil Kumar approved as ONGC Chairman from December 2026 · Management Changes
  3. ONGC credit rating reaffirmed at AAA by Care Edge · Credit & Debt
All filings ↓
Ask Nexa about OIL AND NATURAL GAS CORP.

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Explores for and produces crude oil and natural gas from onshore and offshore acreage in India, with growing exposure to deepwater exploration and geothermal energy. Operates two upstream streams — offshore (₹92,406.31 cr FY26 revenue at a 37.2% segment EBIT margin) and onshore (₹39,777.51 cr at a 15.6% EBIT margin) — across basins including the Western Offshore and Mahanadi. Refining and marketing of petroleum products, run mainly through subsidiary MRPL, is the largest revenue line at ₹584,345.8 cr. Smaller streams include petrochemicals (₹14,214.26 cr, negative segment EBIT) and overseas operations (₹8,442.92 cr). Operations are asset-heavy, with depreciation at 5.6% of revenue and capex at 6.2%; materials at 30.1% are the largest cost line. Recent activity includes spudding the first deepwater well in the Mahanadi Basin (MN-DW18-1-H-D, July 25, 2026), signing a technical services contract with bp covering 43 Western Offshore blocks, completing two geothermal wells at Puga in Ladakh, and board approval for a 1.75 MMT strategic petroleum reserve at Mangalore.

Revenue mix · reported segments
E&P - Offshore69.7%
E&P - Onshore30.3%
Operating scale
Western Offshore basin blocks
43 blocks under bp technical services contractFY27
Deepwater well spudded
MN-DW18-1-H-D, ~23 nautical miles off Konark, Odisha coast25 July 2026
India offshore acreage opened
Nearly 1 million sq km, 5,600 MMTOE hydrocarbon potential (up to 3,000m depth)
Geothermal wells completed at Puga
2 deep wells (GT#02 and GT#03)17 July 2026
Strategic Petroleum Reserves capacity approved
1.75 MMT at Mangalore (Phase-I Extension)
MRPL crude import guarantee
USD 500 million Parent Company Guarantee to Saudi AramcoSep 2026 – Aug 2028
Who pays it
Crude oil and gas sold to domestic refiners and downstream users; refined products distributed through subsidiary MRPL; Mozambique Area-1 AssetCo and Mitsui O.S.K. Lines JVs are related-party counterparties.
Biggest cost
Materials at 30.1% of revenue (FY26), the largest cost line, covering inputs including crude purchases.
Kind of business
Cyclical, asset-heavy upstream oil and gas with downstream refining exposure.
Where it sits
Government of India promoter holds 58.89% (740.89 crore shares); state-owned upstream major with offshore and onshore Indian acreage plus refining subsidiary MRPL.
Market Cap
₹2.89 L Cr
P / E (TTM)
6.6×
EV / EBITDA
4.1×
Div Yield
5.87%
Growth
12.9%▲
Revenue 5y CAGR
PAT +18.5% · EBITDA +14.0%
Quality
12.5%▲
ROCE (5y median)
ROE 12.2% (5y median) · margin 17.4%
Leverage
0.35·
Debt / Equity · low
Net debt ₹1.41 L Cr
Revenue FY21→FY26
1.8×▲
Margin +1.6 pts
₹3.61 L Cr → ₹6.62 L Cr
Cash conversion
2.05×▲
Operating cash ÷ profit · 5 yrs
₹4.65 L Cr on ₹2.27 L Cr
Moves on a normal day
0.80%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 16 Oil peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#1/15
P/B#3/15
ROCE#7/17
ROE#3/16
Debt / Equity#12/16
EBITDA margin#14/15
Revenue growth#12/15
Profit growth#14/16

Scorecard

Measured from the filed financials, judged against its Oil peers · as of FY26 — not investment advice

Strengths
Revenue compounding 13% a year over 5 years
Profit compounding 19% a year over 5 years
Over 5 years it reported ₹2.27 L Cr of profit and ₹4.65 L Cr of operating cash — 2.05×
Profit is converting into cash
Pays out 34% of profit as dividend
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

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

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from OIL AND NATURAL GAS CORP.'s filed financials and exchange disclosures

What does OIL AND NATURAL GAS CORP. do?

OIL AND NATURAL GAS CORP. is a Oil company listed on NSE and BSE, trading under the symbol ONGC.

Is OIL AND NATURAL GAS CORP. profitable?

Yes. Over the trailing twelve months OIL AND NATURAL GAS CORP. reported a net profit of ₹44,793 Cr on revenue of ₹7.04 L Cr.

Does OIL AND NATURAL GAS CORP. pay a dividend?

Yes. The dividend yield is 5.87% at the current price. It paid out 34% of its profit as dividend in FY26.

Is OIL AND NATURAL GAS CORP. debt-free?

No. It reported borrowings of ₹1.42 L Cr on its 31 Mar 2026 balance sheet, or net debt of ₹1.41 L Cr after cash. Debt stands at 0.35× equity. That is higher than 73% of its 16 Oil peers.

Is OIL AND NATURAL GAS CORP. expensive compared with its peers?

On trailing P/E, OIL AND NATURAL GAS CORP. ranks 1 of 15 in Oil — cheaper than 100% of them, against an industry median of 21.8×. This is a position, not a valuation judgement.

How much does the OIL AND NATURAL GAS CORP. share price move in a day?

On a typical session OIL AND NATURAL GAS CORP. moves 0.80% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are OIL AND NATURAL GAS CORP.'s next results?

Financial Results/Dividend on Thu, 5 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track OIL AND NATURAL GAS CORP.'s announcements?

Every NSE and BSE filing by OIL AND NATURAL GAS CORP. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.