Oil And Natural Gas Corporation Ltd

BSE: ONGC500312ISIN INE213A01029

Energy
Oil Exploration & Production
BSE 100

Share price

₹234.55+2.90 (+1.25%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹307.50
52W low: ₹218.50
Off 52W high: -23.72%
1M return: +4.01%
3M return: -2.03%
6M return: -16.44%
1Y return: -7.07%
20D avg volume: 4,14,875
50 DMA: ₹230.12
200 DMA: ₹255.25

Key ratios Consolidated

Market cap: ₹2,95,070 Cr
Current price: ₹234.55
52W high / low: ₹307.50 / ₹218.50
Face value: ₹5.00
P/E: 6.59
P/B: 0.79
EPS (TTM): ₹35.61
Book value / share: ₹295.52
ROE: —
ROCE: 12.50%
Operating margin: —
Net margin: —
Debt / equity: 0.35
Net debt: ₹1,40,501 Cr
Interest cover: 5.96
Dividend yield: 5.65%
Dividend / share (TTM): ₹13.25
Payout: 37.21%
Cash conversion cycle: 22.0 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,04,987	1,73,805	1,67,423	1,57,911	1,63,108	1,70,812	1,66,097	1,58,329	1,66,577	1,66,771	1,65,569	1,46,874
	2,789	3,368	3,308	3,108	2,573	2,977	2,411	4,163	2,986	3,105	4,059	2,515
	2,07,776	1,77,173	1,70,730	1,61,019	1,65,681	1,73,789	1,68,508	1,62,493	1,69,562	1,69,875	1,69,628	1,49,388
	2,01,833	1,60,864	1,54,683	1,44,074	1,49,926	1,61,271	1,54,621	1,49,780	1,55,796	1,54,091	1,55,183	1,27,920
	87,761	53,081	49,575	50,778	45,790	53,753	49,182	52,527	48,166	46,787	46,029	39,203
	72,327	53,696	51,978	47,592	53,079	57,458	51,950	51,864	60,130	61,562	61,468	51,768
	1,660	1,813	1,841	1,779	1,888	1,755	1,918	1,838	1,739	1,956	1,807	1,737
	2,854	3,070	3,207	3,411	3,341	3,500	3,670	3,749	2,938	2,683	2,544	2,603
	9,477	9,345	9,388	9,273	9,384	9,043	9,497	8,209	8,075	7,863	7,094	6,698
	32,879	44,940	36,339	34,844	33,350	37,867	13,669	11,936	10,874	13,201	10,717	11,173
	5,943	16,309	16,048	16,945	15,755	12,518	13,887	12,712	13,766	15,784	14,445	21,469
	471.76	-462.09	45.12	-0.19	-18.56	-151.09	0.00	0.00	0.00	-1,733	0.67	96.25
	6,415	15,847	16,093	16,945	15,736	12,367	13,887	12,712	13,766	14,051	14,446	21,565
	458.01	4,962	4,244	4,670	3,954	4,150	3,739	2,822	3,745	3,702	3,768	5,634
	6,554	13,678	11,946	12,615	11,554	8,856	9,784	9,878	10,236	11,527	10,748	16,553
	9.46	8.60	7.96	8.58	7.79	5.82	6.85	8.17	7.90	8.03	8.23	10.92
Key metrics
	18,746	28,262	28,688	29,629	28,462	24,910	27,054	24,670	24,780	24,596	24,084	30,866
	9.10%	16.30%	17.10%	18.80%	17.40%	14.60%	16.30%	15.60%	14.90%	14.70%	14.50%	21.00%
	3.20%	7.90%	7.10%	8.00%	7.10%	5.20%	5.90%	6.20%	6.10%	6.90%	6.50%	11.30%
	—	3.00%	—	3.30%	—	2.70%	—	—	—	—	—	—
	25.70%	1.80%	0.80%	-0.30%	-2.10%	2.40%	0.30%	7.80%	—	—	—	—
	-43.30%	54.40%	22.10%	27.70%	12.90%	-23.20%	-9.00%	-40.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	7,04,127	6,62,247	6,63,262	6,43,037	6,84,829	5,31,762	3,60,572	4,25,001	4,53,461	3,62,246
	12,572	12,357	12,394	12,222	8,074	7,438	9,323	8,532	8,149	7,468
	7,16,698	6,74,604	6,75,656	6,55,259	6,92,903	5,39,199	3,69,895	4,33,533	4,61,609	3,69,714
	6,61,454	6,09,547	6,24,143	5,79,158	6,41,749	4,84,467	3,41,724	4,06,491	4,08,679	3,33,468
	2,41,194	1,99,223	2,04,456	1,73,336	1,87,630	1,09,293	56,664	88,902	1,04,873	76,230
	2,25,594	2,06,346	2,21,402	2,30,470	2,66,120	2,24,871	1,44,562	1,76,006	1,65,342	1,21,689
	7,093	7,321	7,293	7,313	6,807	6,878	6,314	6,539	6,445	6,093
	12,541	13,029	14,535	10,194	7,889	5,696	5,079	7,000	5,837	4,999
	37,484	37,391	35,206	28,763	24,557	26,883	25,538	26,635	24,026	—
	1,49,001	1,49,472	1,40,562	45,697	46,130	—	31,817	38,824	35,669	32,821
	55,245	65,057	51,513	76,100	51,155	54,732	28,172	27,042	52,930	36,246
	54.60	-435.72	-151.09	-1,636	-8,138	-2,105	918.77	-9,028	-1,591	248.12
	55,299	64,621	51,362	74,464	43,017	52,627	29,090	18,014	51,339	39,207
	14,333	17,830	14,069	19,759	10,273	4,797	8,766	7,508	20,880	13,140
	44,793	49,793	38,329	57,101	32,778	49,294	21,343	11,560	33,887	26,068
	34.60	32.93	28.80	39.13	28.17	36.19	12.92	8.67	23.81	—
Key metrics
	1,05,324	1,15,041	1,01,103	1,13,421	75,463	85,206	59,708	51,648	81,202	44,207
	14.96%	17.40%	15.20%	17.60%	11.00%	16.00%	16.60%	12.20%	17.90%	12.20%
	6.36%	7.50%	5.80%	8.90%	4.80%	9.30%	5.90%	2.70%	7.50%	7.20%
	—	12.50%	11.10%	—	—	—	—	—	—	—
	6.95%	-0.20%	3.10%	-6.10%	28.80%	47.50%	-15.20%	-6.30%	25.20%	—
	11.78%	29.90%	-32.90%	74.20%	-33.50%	131.00%	84.60%	-65.90%	30.00%	—
	—	71,438	49,837	—	—	—	—	—	—	—
	—	2.26	2.37	—	—	—	—	—	—	—
	—	0.35	0.41	—	—	—	—	—	—	—
	—	1,40,501	1,49,002	—	—	—	—	—	—	—
	—	22.0	22.7	—	—	—	—	—	—	—
Balance sheet
	—	7,91,905	7,58,723	—	—	—	—	—	—	—
	—	1,41,732	1,34,783	—	—	—	—	—	—	—
	—	1,554	4,554	—	—	—	—	—	—	—
	—	22,014	21,228	—	—	—	—	—	—	—
	—	64,918	58,956	—	—	—	—	—	—	—
	—	8,841	8,264	—	—	—	—	—	—	—
	—	3,30,705	3,25,984	—	—	—	—	—	—	—
	—	46,933	38,976	—	—	—	—	—	—	—
	—	1,68,795	1,66,842	—	—	—	—	—	—	—
	—	1,42,055	1,53,556	—	—	—	—	—	—	—
	—	48,232	55,082	—	—	—	—	—	—	—
	—	93,823	98,474	—	—	—	—	—	—	—
	—	4,09,693	3,74,235	—	—	—	—	—	—	—
Cash flow
	—	1,12,719	90,868	—	—	—	—	—	—	—
	—	-57,676	-43,022	—	—	—	—	—	—	—
	—	-56,331	-47,908	—	—	—	—	—	—	—
	—	41,282	41,031	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	46,460	35,928	31,547	33,031	32,003	34,982	33,717	33,881	35,266	34,637	34,788	35,163
	1,861	2,628	3,094	3,424	1,210	2,075	1,811	4,766	2,061	3,680	3,401	2,086
	48,322	38,556	34,640	36,454	33,213	37,057	35,528	38,647	37,327	38,317	38,189	37,249
	25,474	30,032	24,038	23,910	22,469	28,289	24,528	23,611	25,371	25,456	26,054	23,777
	881.19	757.33	1,119	1,151	1,072	1,119	874.32	805.79	806.61	946.92	850.00	993.32
	0.00	0.00	0.00	0.00	0.00	0.00	148.13	—	—	—	—	—
	637.28	641.99	661.38	666.04	682.71	578.32	658.65	770.93	706.41	684.65	715.90	662.12
	1,086	1,145	1,154	1,110	1,121	1,190	1,075	1,157	1,182	1,035	1,023	1,016
	6,283	5,625	6,610	6,369	6,531	6,079	6,779	5,598	5,897	5,675	5,078	4,715
	16,685	21,951	14,429	14,478	13,122	19,268	6,521	5,648	5,310	7,461	5,550	5,431
	22,848	8,524	10,602	12,545	10,744	8,767	11,000	15,036	11,956	12,860	12,135	13,472
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	22,848	8,524	10,602	12,545	10,744	8,767	11,000	15,036	11,956	12,860	12,135	13,472
	5,814	1,874	2,230	2,697	2,720	2,319	2,760	3,052	3,018	2,991	2,599	3,256
	17,034	6,650	8,372	9,848	8,024	6,448	8,240	11,984	8,938	9,869	9,536	10,216
	13.54	5.29	6.65	7.83	6.38	5.13	6.55	9.53	7.10	7.85	7.58	8.12
Key metrics
	30,216	15,293	18,366	20,023	18,396	16,036	18,854	21,791	19,036	19,571	18,236	19,203
	65.00%	42.60%	58.20%	60.60%	57.50%	45.80%	55.90%	64.30%	54.00%	56.50%	52.40%	54.60%
	36.70%	18.50%	26.50%	29.80%	25.10%	18.40%	24.40%	35.40%	25.30%	28.50%	27.40%	29.10%
	—	2.30%	—	3.10%	—	2.40%	—	—	—	—	—	—
	45.20%	2.70%	-6.40%	-2.50%	-9.30%	1.00%	-3.10%	-3.60%	—	—	—	—
	112.30%	3.10%	1.60%	-17.80%	-10.20%	-34.70%	-13.60%	17.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	1,46,966	1,32,508	1,37,846	1,38,402	1,55,517	1,10,345	68,141	96,214	1,09,655	85,004
	11,006	10,356	10,479	10,778	7,627	6,516	7,143	6,105	7,519	7,884
	1,57,972	1,42,864	1,48,326	1,49,180	1,63,144	1,16,861	75,284	1,02,319	1,17,174	92,888
	1,03,454	1,00,449	1,01,566	96,164	1,03,513	75,821	60,256	77,051	77,220	63,995
	3,909	4,100	3,606	3,800	3,921	3,272	1,981	2,588	2,224	1,209
	0.00	0.00	148.13	—	—	—	—	—	—	—
	2,607	2,652	2,714	2,785	2,785	2,888	2,307	2,520	2,706	2,503
	4,494	4,529	4,604	4,081	2,700	2,360	2,215	2,824	2,492	1,508
	24,886	25,134	24,352	20,496	16,795	17,546	16,327	18,617	15,779	14,470
	67,542	63,980	65,524	23,409	22,515	16,458	15,043	19,000	18,928	17,237
	54,519	42,415	46,760	53,016	59,630	41,040	15,028	25,268	39,954	28,892
	0.00	0.00	0.00	—	-9,235	—	1,375	-4,899	—	—
	54,519	42,415	46,760	53,016	50,395	41,040	16,403	20,369	39,954	28,892
	12,615	9,521	11,149	12,490	11,566	734.25	5,156	6,924	13,238	8,947
	41,904	32,894	35,610	40,526	38,829	40,306	11,246	13,445	26,716	19,945
	33.31	26.15	28.31	32.21	30.86	32.04	8.94	10.69	20.86	—
Key metrics
	83,898	72,078	75,716	77,593	69,890	60,946	34,945	41,809	58,225	44,871
	57.09%	54.40%	54.90%	56.10%	44.90%	55.20%	51.30%	43.50%	53.10%	52.80%
	28.51%	24.80%	25.80%	29.30%	25.00%	36.50%	16.50%	14.00%	24.40%	23.50%
	—	11.10%	12.40%	—	—	—	—	—	—	—
	9.20%	-3.90%	-0.40%	-11.00%	40.90%	61.90%	-29.20%	-12.30%	29.00%	—
	20.77%	-7.60%	-12.10%	4.40%	-3.70%	258.40%	-16.30%	-49.70%	33.90%	—
	—	41,766	45,794	—	—	—	—	—	—	—
	—	2.11	2.05	—	—	—	—	—	—	—
	—	0.02	0.03	—	—	—	—	—	—	—
	—	7,740	8,398	—	—	—	—	—	—	—
	—	47.5	42.7	—	—	—	—	—	—	—
Balance sheet
	—	4,61,276	4,51,653	—	—	—	—	—	—	—
	—	61,720	52,962	—	—	—	—	—	—	—
	—	83.51	10.08	—	—	—	—	—	—	—
	—	13,168	10,284	—	—	—	—	—	—	—
	—	10,520	11,521	—	—	—	—	—	—	—
	—	4,979	4,599	—	—	—	—	—	—	—
	—	1,81,392	1,89,926	—	—	—	—	—	—	—
	—	6,458	5,649	—	—	—	—	—	—	—
	—	37,164	37,873	—	—	—	—	—	—	—
	—	7,823	8,408	—	—	—	—	—	—	—
	—	4,020	4,848	—	—	—	—	—	—	—
	—	3,803	3,560	—	—	—	—	—	—	—
	—	3,31,770	3,16,284	—	—	—	—	—	—	—
Cash flow
	—	69,272	73,010	—	—	—	—	—	—	—
	—	-38,760	-46,789	—	—	—	—	—	—	—
	—	-30,438	-26,246	—	—	—	—	—	—	—
	—	27,507	27,216	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -5.20%
Sales CAGR 5Y: +14.23%
Profit CAGR 3Y: -5.38%
Profit CAGR 5Y: +23.94%
Sales YoY (TTM): +9.20%
Profit YoY (TTM): +20.77%

Consolidated

Sales CAGR 3Y: -1.11%
Sales CAGR 5Y: +12.93%
Profit CAGR 3Y: +14.96%
Profit CAGR 5Y: +18.46%
Sales YoY (TTM): +6.95%
Profit YoY (TTM): +11.78%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 58.89%

Quarter	September 2026	June 2026
Promoter %	58.89%	58.89%

Holder	Type	Holding	Previous	Change
PRESIDENT OF INDIA	Promoter	58.89%	58.89%	0.00%
LIFE INSURANCE CORPORATION OF INDIA	Public	10.33%	9.95%	+0.38%
INDIAN OIL CORPORATION LIMITED	Public	7.84%	7.84%	0.00%
GAIL (INDIA) LIMITED	Public	2.45%	2.45%	0.00%
ICICI PRUDENTIAL VALUE FUND	Public	1.72%	1.95%	-0.23%
SBI NIFTY 50 ETF	Public	1.58%	1.77%	-0.19%
CPSE EXCHANGE TRADED SCHEME (CPSE ETF)	Public	1.27%	1.31%	-0.04%
Resident HUF	Public	0.08%	0.08%	0.00%
Foreign Portfolio Investor (Individual)	Public	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Oil And Natural Gas Corporation Ltd	2,95,070	234.55	6.59	12.50%	+6.95% TTM	+11.78% TTM	-7.07%
Oil India Limited	74,027	455.10	7.77	9.10%	+15.81% TTM	+34.81% TTM	+5.48%
Vedanta Oil and Gas Limited	12,095	30.93	—	—	—	—	—
Antelopus Selan Energy Limited S	3,410	965.00	19.11	15.90%	+82.86% TTM	+210.11% TTM	+74.01%
Prabha Energy Limited	2,850	194.50	2,536.35	0.10%	—	—	—
Hindustan Oil Exploration Co. Ltd.	2,062	155.90	82.11	4.20%	-17.80% TTM	-83.16% TTM	+2.16%
Gujarat Natural Resources Limited	1,630	106.23	84.37	6.50%	+93.64% TTM	+812.92% TTM	+16.29%

Filings & corporate actions

Recent announcements

Intimation of Conference call with Analyst(s) & Investor(s) on Q2 FY'27 Financial Results2 Nov 2026 · Company Update / Analyst / Investor Meet
Change in Senior Management1 Nov 2026 · Company Update / General
In terms of Regulation 42 of SEBI (LODR) Regulations, 2015, Thursday, 12th November, 2026 has been fixed as Record Date for the purpose of 1st Interim Dividend for FY''27, if any.30 Oct 2026 · Corp. Action / Record Date
Intimation of Credit Rating30 Oct 2026 · Company Update / Credit Rating
Oil And Natural Gas Corporation Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/11/2026 ,inter alia, to consider and approve the following ....23 Oct 2026 · Board Meeting / Board Meeting
Ministry of Petroleum and Natural Gas has conveyed that ACC has approved the appointment of Shri Sunil Kumar to the post of Chairman w.e.f. the date of assumption of charge of the post ....23 Oct 2026 · Company Update / General
Intimation of Credit Rating9 Oct 2026 · Company Update / Credit Rating
Incorporation of ONGC Petrochemicals Marketing Limited (OPML)8 Oct 2026 · Company Update / Acquisition
Compliance Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.09.2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Change in Senior Management1 Oct 2026 · Company Update / General
ONGC strikes Gas in Mahanadi Deepwater under Samudra Manthan21 Sep 2026 · Company Update / Press Release / Media Release
Appointment of Director (Production)21 Sep 2026 · Company Update / Change in Directorate
Intimation regarding ESG Rating18 Sep 2026 · Company Update / General
The Board of Directors of the Company, at its meeting held today i.e. 17.09.2026, has inter-alia considered and approved the appointment of Cost Auditors for the Financial Year 2026-27.17 Sep 2026 · Others / Outcome without intimation
Intimation regarding ESG Rating10 Sep 2026 · Company Update / General
Appointment of Statutory/ Joint Statutory Auditors by C&AG for Financial Year 2026-278 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
E-Voting Results and Scrutinizer''s Report of 33rd Annual General Meeting1 Sep 2026 · AGM/EGM / AGM
Change in Senior Management1 Sep 2026 · Company Update / General
Proceedings of 33rd AGM of the Company held on 31.08.202631 Aug 2026 · AGM/EGM / AGM
Presentation for Post - AGM Media Interaction31 Aug 2026 · Company Update / General
Disclosure of event or information under Regulation 30 of SEBI (LODR) Regulations, 201526 Aug 2026 · Company Update / General
Newspaper Publications: Addendum to Notice of 33rd Annual General Meeting21 Aug 2026 · Company Update / Newspaper Publication
Addendum to Notice of 33rd Annual General Meeting20 Aug 2026 · AGM/EGM / AGM
ONGC Connects Khoraghat Gas to North East Gas Grid, Boosting Regional Energy Access18 Aug 2026 · Company Update / Press Release / Media Release
Clarification on news item "ONGC gets US licence to resume full Venezuela operations, eyes operatorship"18 Aug 2026 · Others
The Exchange has sought clarification from Oil and Natural Gas Corporation Ltd with reference to the media report appearing on https://economictimes.indiatimes.com dated August 16, 2026 ....17 Aug 2026 · Company Update / Clarification
Schedule of Analyst/ Investor Meet14 Aug 2026 · Company Update / Analyst / Investor Meet
Appointment of Independent Director13 Aug 2026 · Company Update / Change in Directorate
Transcript of Conference Call held with Investors on 05.08.202612 Aug 2026 · Company Update / Earnings Call Transcript
Newspaper Publication for dispatch of Notice and Integrated Annual Report8 Aug 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for Financial Year 2025-26.7 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Integrated Annual Report for the Financial Year 2025-267 Aug 2026 · Others / Reg. 34 (1) Annual Report
It is informed that 33rd Annual General Meeting of the Company will be held on 31.08.2026 through VC/OAVM.7 Aug 2026 · AGM/EGM / AGM
In terms of Regulation 42 of SEBI (LODR) Regulations, 2015, Friday, 4th September, 2026 has been fixed as "Record Date" for determining eligibility of members for payment of Final Dividend.6 Aug 2026 · Corp. Action / Record Date
Link for Audio Recording of Conference call with Analyst(s) & Investor(s)5 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publications: 33rd Annual General Meeting5 Aug 2026 · Company Update / Newspaper Publication
ONGC declares results for Q1 FY''27: Net Profit surges to Rs. 17,034 crore, marking a robust increase of 112%.4 Aug 2026 · Company Update / Press Release / Media Release
The Board has approved the Unaudited Financial Results for the quarter ended 30.06.20264 Aug 2026 · Result / Financial Results
Intimation of Conference call with Analyst(s) & Investor(s) on Q1 FY'27 Financial Results1 Aug 2026 · Company Update / Analyst / Investor Meet
Change in Senior Management1 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Interim Dividend	12 Nov 2026	12 Nov 2026	—
Final Dividend - Rs. - 1.0000	4 Sep 2026	4 Sep 2026	—
Interim Dividend - Rs. - 6.2500	18 Feb 2026	18 Feb 2026	—
Interim Dividend - Rs. - 6.0000	14 Nov 2025	14 Nov 2025	—
Final Dividend - Rs. - 1.2500	4 Sep 2025	4 Sep 2025	—
Interim Dividend - Rs. - 5.0000	7 Feb 2025	7 Feb 2025	—
Interim Dividend - Rs. - 6.0000	19 Nov 2024	20 Nov 2024	—
Final Dividend - Rs. - 2.5000	23 Aug 2024	23 Aug 2024	—

Board meetings

5 Nov 2026 Board Meeting - Financial Results
4 Aug 2026 Board Meeting - Financial Results