āagman

Not investment advice. Data and computed figures, for information only.

Oil & Natural Gas Corpn Ltd

NSE: ONGCF&O
₹224.64
−₹0.86 (−0.38%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹2,78,364 Cr
CMP
₹224.64
52-wk High / Low
₹308 / 219
P/E
6.4
P/B
0.8
Book Value
₹296.0
Div Yield
5.99%
ROCE
14.0%
ROE
11.6%
Face Value
₹5
D/E
0.47

Price−8.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
7
/ 9
7 of 9 F-score tests passed
Graham Number
₹468
√(22.5 × EPS × book value per share)
ROIC
8.9%
vs 9.7% sector median
Cash flow to profit
2.26
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−825
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
7.2%
ROE × earnings retention ratio
ROE stability
3.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.04DII +0.01
Latest quarter vs the previous one
Cash-accrual divergence
−8.2%
of assets
Low = accruals track cash flow
Strengths
+Annualised volatility of 23.9% is in the low band (≤25%)
+Piotroski F-Score of 7/9 is in the strong band (≥7)
+PE of 6.4x is below the sector median of 12.8x
Watch-outs
−Latest ROCE of 14% trails the sector median of 17.5%
−Borrowings are up 283.1% since FY2016 (45500 to 174316)
−Price trades below its 200-day moving average (0.9x)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,63,8241,47,6141,67,3571,72,1371,68,9681,59,3311,67,2131,67,7491,63,1061,57,9111,67,4231,73,8012,04,987
Expenses1,33,0291,19,5341,46,9961,48,9131,47,1831,38,7571,42,8581,45,9831,37,3361,31,3901,42,0881,48,4491,89,502
Operating Profit30,79528,08020,36023,22421,78520,57424,35421,76625,77026,52125,33525,35215,485
OPM %18.8%19.0%12.2%13.5%12.9%12.9%14.6%13.0%15.8%16.8%15.1%14.6%7.6%
Other Income3,0693,6734,2993,3753,5354,1622,4153,5482,4643,4473,4505,7023,858
Interest2,3643,2433,2033,6083,6943,8273,7503,2643,3413,4113,2073,0702,854
Depreciation7,0787,0797,4948,4208,5018,2549,5398,9129,3849,2739,3889,3459,477
Profit before tax24,42221,43113,96214,57013,12512,65513,48013,13715,50917,28416,19018,6407,012
Net Profit17,89316,17110,51111,0969,7769,8419,7478,96511,55412,61511,94613,6786,554
EPS (₹)11.6410.898.517.977.938.146.825.917.798.577.968.609.46

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,60,9231,24,0362,82,5063,22,7064,21,6243,96,7283,03,8494,91,2466,32,2916,01,5816,12,0646,08,6637,04,123
Expenses1,18,61084,9012,29,7022,65,8173,46,8053,44,6232,54,3754,11,3735,56,7644,99,1985,23,2075,05,5436,11,429
Operating Profit42,31239,13552,80456,88974,81952,10549,47379,87475,5271,02,38388,8571,03,12092,694
OPM %26.3%31.6%18.7%17.6%17.7%13.1%16.3%16.3%11.9%17.0%14.5%16.9%13.2%
Other Income5,9551,06712,72410,4299,56798211,2716,797−3014,71213,28214,92316,458
Interest2,8643,7663,5914,9995,8377,4895,0795,6967,88913,02614,53513,02912,541
Depreciation18,03316,38420,21923,11223,70426,63525,53826,88324,55730,44035,20637,39137,484
Profit before tax27,37020,05241,71839,20854,84618,96230,12654,09143,05173,62952,39867,62359,127
Net Profit17,70313,10229,16926,06833,93811,45621,36049,29432,77855,27338,32949,79344,793
EPS (₹)14.2910.0319.0317.2324.288.5912.9636.1928.1739.0628.8032.9334.59

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital4,2784,2786,4176,4176,2906,2906,2906,2906,2906,2906,2906,290—
Reserves1,76,1771,93,5361,87,9691,97,6022,10,6441,98,8142,14,6912,53,2132,74,3573,32,7793,37,1503,65,478—
Borrowings53,94445,50080,0291,06,5501,07,7421,29,4731,33,1871,21,9861,42,2551,91,1951,87,8171,74,316—
Other Liabilities1,03,44898,4591,70,1111,48,6641,67,6671,73,7871,87,5802,01,7711,90,2122,06,3572,21,4012,39,518—
Total Liabilities3,37,8473,41,7724,44,5254,59,2324,92,3435,08,3645,41,7485,83,2606,13,1157,36,6217,52,6587,85,602—
Fixed Assets1,79,9331,66,2772,11,1252,26,0582,30,3912,43,8922,43,7462,54,4022,50,8193,17,1833,40,1753,46,073—
CWIP63,39357,66859,04261,51269,05683,8321,00,3091,06,7191,13,9451,18,7291,12,6141,16,272—
Investments4,74933,38770,74667,33566,90956,75560,32066,64278,8731,00,86295,6171,01,084—
Other Assets89,77184,4401,03,6121,04,3281,25,9871,23,8841,37,3721,55,4961,69,4781,99,8472,04,2522,22,173—
Total Assets3,37,8473,41,7724,44,5254,59,2324,92,3435,08,3645,41,7485,83,2606,13,1157,36,6217,52,6587,85,602—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity53,27033,95046,29245,78056,79261,45870,59347,18578,24884,21198,84790,8561,12,719
Cash from Investing Activity−63,633−30,058−38,256−43,815−66,798−37,132−53,159−39,141−41,197−72,799−57,423−42,879−57,419
Cash from Financing Activity15,225−10,641−8,972−1,8679,909−23,324−16,726−8,239−35,790−12,916−45,009−47,908−56,331
Net Cash Flow4,862−6,749−93599−971,001708−1951,261−1,504−3,58668−1,031

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %20.013.013.017.014.019.010.09.016.014.018.012.014.0
ROE %————————————11.6
EPS (₹)20.6514.2910.0319.0317.2324.288.5912.9636.1928.1739.0628.8032.93
Book Value (₹)————————————296.0
Face Value (₹)————————————5
P/E————————————6.4
Div Yield %————————————5.99
NPM %15.310.610.59.97.87.92.96.89.95.29.06.18.0
OPM %28.026.032.019.018.018.013.016.016.012.017.015.017.0
D/E0.290.300.230.410.520.500.630.600.470.510.560.550.47
P/B————————————0.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+17.0%
5 years+15.0%
3 years−1.0%
TTM+7.0%
Compounded profit growth
10 years+9.0%
5 years+21.0%
3 years+1.0%
TTM+21.0%
Stock price CAGR
10 years+2.0%
5 years+6.0%
3 years+6.0%
Last year−10.0%
Return on equity
10 years13.0%
5 years14.0%
3 years13.0%
Last year12.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters68.07%68.07%67.72%64.25%60.41%60.41%58.91%58.89%58.89%58.89%58.89%58.89%
FIIs6.29%6.29%5.47%6.47%7.62%8.08%9.91%7.97%8.88%7.11%7.97%8.01%
DIIs11.96%11.96%13.25%15.73%17.87%17.48%16.36%19.87%18.88%19.93%19.30%19.31%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%10.30%10.30%10.30%10.30%10.30%
Public13.68%13.68%13.57%13.55%14.10%14.03%14.82%2.94%3.05%3.76%3.54%3.50%
No. of shareholders6,29,6256,29,6256,29,2246,29,5948,67,07711,61,50213,62,79415,48,72617,90,07430,30,75927,77,88827,36,414
Change since Jun 2023 (pp)
Promoters −9.18FIIs +1.72DIIs +7.35Public −10.18

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingAnnouncement under Regulation 30 (LODR)-AcquisitionCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Change In Senior ManagementAnnouncement under Regulation 30 (LODR)-Press Release / Media Release
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Concalls
Aug 2026TranscriptAug 2026RecordingMay 2026TranscriptFeb 2026TranscriptNov 2025TranscriptNov 2025RecordingAug 2025TranscriptAug 2025Recording

Corporate actions

As of 4 Sep 2026
4 Sep 2026DIVIDENDDividend - Re 1 Per Share—
18 Feb 2026DIVIDENDInterim Dividend - Rs 6.25 Per Share—
14 Nov 2025DIVIDENDInterim Dividend - Rs 6 Per Share—
4 Sep 2025DIVIDENDDividend - Rs 1.25 Per Share—
7 Feb 2025DIVIDENDInterim Dividend - Rs 5 Per Share—
19 Nov 2024DIVIDENDInterim Dividend - Rs 6 Per Share—
23 Aug 2024DIVIDENDDividend - Rs 2.50 Per Share—
16 Feb 2024DIVIDENDInterim Dividend - Rs 4 Per Share—
21 Nov 2023DIVIDENDInterim Dividend - Rs 5.75 Per Share—
18 Aug 2023DIVIDENDDividend - Re 0.50 Per Share—
24 Feb 2023DIVIDENDInterim Dividend - Rs 4 Per Share—
21 Nov 2022DIVIDENDInterim Dividend - Rs 6.75 Per Share—
18 Aug 2022DIVIDENDDividend - Rs 3.25 Per Share—
21 Feb 2022DIVIDENDInterim Dividend - Rs 1.75 Per Share—
22 Nov 2021DIVIDEND Interim Dividend - Rs 5.50 Per Share—
8 Sep 2021DIVIDEND Dividend - Rs 1.85 Per Share—
17 Feb 2021DIVIDEND Interim Dividend - Rs 1.75 Per Share—
23 Mar 2020DIVIDEND Interim Dividend - Rs 5 Per Share—
22 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.75 Per Share—
26 Mar 2019DIVIDEND Interim Dividend - Re 1 Per Sh—
28 Feb 2019DIVIDEND Interim Dividend - Rs 5.25 Per Sh—
19 Sep 2018DIVIDEND Dividend Rs 1.35 Per Share—
13 Mar 2018DIVIDEND Interim Dividend - Rs 2.25 Per Share (Purpose Revised)—
3 Nov 2017DIVIDEND Interim Dividend - Rs 3/- Per Share (Purpose Revised)—
21 Sep 2017DIVIDEND Annual General Meeting/Dividend - Re 0.80 Per Share—
7 Feb 2017DIVIDEND Interim Dividend Rs 2.25 Per Share (Purpose Revised)—
15 Dec 2016BONUS Bonus 1: 2—
3 Nov 2016DIVIDEND Interim Dividend Rs 4.50 Per Share (Purpose Revised)—
31 Aug 2016DIVIDEND Annual General Meeting/Dividend - Rs 3.25 Per Share—
16 Mar 2016DIVIDEND Interim Dividend - Re 0.75/- Per Share (Purpose Revised)—
10 Nov 2015DIVIDEND Interim Dividend - Rs 4.50/- Per Share (Purpose Revised)—
7 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Re 0.50/- Per Share—
24 Mar 2015DIVIDENDSecond Interim Dividend - Rs 4/- Per Share (Purpose Revised)—
16 Dec 2014DIVIDENDInterim Dividend - Rs 5/- Per Share (Purpose Revised)—
11 Sep 2014DIVIDENDAnnual General Meeting And Dividend Re.0.25 Per Share—
27 Mar 2014DIVIDENDSecond Interim Dividend - Rs 4.25/- Per Share (Purpose Revised)—
10 Dec 2013DIVIDENDInterim Dividend Of Rs.5/- Per Equity Share—
17 Sep 2013DIVIDENDAnnual General Meeting / Dividend - Re 0.50 Per Share—
22 Mar 2013DIVIDENDSecond Interim Dividend Rs.4 Per Share (Purpose Revised)—
24 Dec 2012DIVIDENDInterim Dividend Of Rs.5/- Per Equity Share—
14 Sep 2012DIVIDENDAnnual General Meeting/ Dividend Rs 2.00 Per Share—
19 Mar 2012DIVIDENDInterim Dividend Rs.1.50 Per Share (Purpose Revised)—
6 Jan 2012DIVIDENDInterim Dividend Rs.6.25 Per Share (Purpose Revised)—
18 Aug 2011DIVIDENDAnnual General Meeting And Dividend Re.0.75 Per Share—
8 Feb 2011SPLITBonus 1:1 And Face Value Split From Rs.10/- To Rs.5/-—
20 Dec 2010DIVIDENDSpecial Interim Dividend-Rs.32/- Per Share (Purpose Revised)—
9 Sep 2010DIVIDENDAnnual General Meeting And Final Dividend Rs.15/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman