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Last Updated on: 26 February, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 500312 | NSE: ONGC

Oil & Natural Gas Corpn Ltd (ONGC): Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 26, 2025, 4:13 am

Market Cap 2,93,121 Cr.
Current Price 233
High / Low 345/223
Stock P/E7.41
Book Value 280
Dividend Yield5.26 %
ROCE18.4 %
ROE16.3 %
Face Value 5.00
PEG Ratio0.24

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Oil & Natural Gas Corpn Ltd (ONGC)

Competitors of Oil & Natural Gas Corpn Ltd (ONGC)

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Gujarat Natural Resources Ltd 257 Cr. 20.0 22.3/9.92 8.530.00 %1.12 %3.49 % 10.0
Dolphin Offshore Enterprises (India) Ltd 829 Cr. 207 949/20022.5 60.60.00 %0.97 %3.22 % 1.00
Deep Energy Resources Ltd 999 Cr. 312 348/150694 1210.00 %0.39 %0.35 % 10.0
Selan Explorations Technology Ltd 808 Cr. 531 1,100/40411.5 2860.00 %12.3 %8.70 % 10.0
Oil India Ltd 60,575 Cr. 372 768/3428.21 3242.82 %17.7 %18.0 % 10.0
Industry Average31,099.58 Cr445.1879.53544.760.98%10.49%9.47%6.85

All Competitor Stocks of Oil & Natural Gas Corpn Ltd (ONGC)

Quarterly Result

MetricDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales 100,289114,124108,105122,066145,673155,949182,894168,656169,213164,067163,824146,874165,569
Expenses 89,00998,63991,822104,270124,306131,900164,041155,311147,346144,593133,717118,618145,545
Operating Profit 11,27915,48516,28317,79621,36724,04918,85313,34621,86719,47430,10728,25520,024
OPM % 11%14%15%15%15%15%10%8%13%12%18%19%12%
Other Income 2,3796,8831,7751,9132,8826071,6192,3152,807-4,7833,0693,2334,130
Interest 1,1581,1161,4401,3771,3881,4911,6401,9932,1882,0682,3642,6032,544
Depreciation 6,4957,5726,4236,2306,8507,3806,6114,4436,7846,7197,0726,6987,094
Profit before tax 6,00613,68110,19412,10216,01115,78412,2219,22415,7025,90423,74022,18714,516
Tax % 39%20%33%-55%27%24%30%26%26%3%27%25%26%
Net Profit 3,63710,9636,84718,74911,63712,0618,5816,83011,6655,70117,38316,55310,748
EPS in Rs 2.007.524.7614.358.698.399.496.609.132.9511.2310.928.23

Last Updated: Unknown

Below is a detailed analysis of the quarterly data for Oil & Natural Gas Corpn Ltd (ONGC) based on the most recent figures (Dec 2023) and their trends compared to the previous period:

  • For Sales, as of Dec 2023, the value is ₹165,569.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹146,874.00 Cr. (Sep 2023) to ₹165,569.00 Cr., marking an increase of ₹18,695.00 Cr..
  • For Expenses, as of Dec 2023, the value is ₹145,545.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹118,618.00 Cr. (Sep 2023) to ₹145,545.00 Cr., marking an increase of ₹26,927.00 Cr..
  • For Operating Profit, as of Dec 2023, the value is ₹20,024.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹28,255.00 Cr. (Sep 2023) to ₹20,024.00 Cr., marking a decrease of ₹8,231.00 Cr..
  • For OPM %, as of Dec 2023, the value is 12.00%. The value appears to be declining and may need further review. It has decreased from 19.00% (Sep 2023) to 12.00%, marking a decrease of 7.00%.
  • For Other Income, as of Dec 2023, the value is ₹4,130.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹3,233.00 Cr. (Sep 2023) to ₹4,130.00 Cr., marking an increase of ₹897.00 Cr..
  • For Interest, as of Dec 2023, the value is ₹2,544.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from ₹2,603.00 Cr. (Sep 2023) to ₹2,544.00 Cr., marking a decrease of ₹59.00 Cr..
  • For Depreciation, as of Dec 2023, the value is ₹7,094.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹6,698.00 Cr. (Sep 2023) to ₹7,094.00 Cr., marking an increase of ₹396.00 Cr..
  • For Profit before tax, as of Dec 2023, the value is ₹14,516.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹22,187.00 Cr. (Sep 2023) to ₹14,516.00 Cr., marking a decrease of ₹7,671.00 Cr..
  • For Tax %, as of Dec 2023, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2023) to 26.00%, marking an increase of 1.00%.
  • For Net Profit, as of Dec 2023, the value is ₹10,748.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹16,553.00 Cr. (Sep 2023) to ₹10,748.00 Cr., marking a decrease of ₹5,805.00 Cr..
  • For EPS in Rs, as of Dec 2023, the value is ₹8.23. The value appears to be declining and may need further review. It has decreased from ₹10.92 (Sep 2023) to ₹8.23, marking a decrease of ₹2.69.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MetricMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales 140,147161,984174,121160,923124,036282,506322,706421,624396,728303,849491,246632,291640,333
Expenses 94,797118,482124,991118,61084,901229,702265,817346,805344,623254,375411,373556,764542,473
Operating Profit 45,35043,50149,13042,31239,13552,80456,88974,81952,10549,47379,87475,52797,860
OPM % 32%27%28%26%32%19%18%18%13%16%16%12%15%
Other Income 11,0755,4887,1705,9551,06712,72410,4299,56798211,2716,797-305,650
Interest 4354846242,8643,7663,5914,9995,8377,4895,0795,6967,8899,580
Depreciation 13,18711,76316,26218,03316,38420,21923,11223,70426,63525,53826,88324,55727,584
Profit before tax 42,80436,74239,41327,37020,05241,71839,20854,84618,96230,12654,09143,05166,347
Tax % 34%35%32%35%35%30%34%38%40%29%9%24%
Net Profit 28,42823,99426,66517,70313,10229,16926,06833,93811,45621,36049,29432,77850,386
EPS in Rs 21.9318.8720.6514.2910.0319.0317.2324.288.5912.9636.1928.1733.33
Dividend Payout % 30%34%31%44%56%40%38%29%58%28%29%40%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)-15.60%11.13%-33.61%-25.99%122.63%-10.63%30.19%-66.24%86.45%130.78%-33.51%
Change in YoY Net Profit Growth (%)0.00%26.73%-44.74%7.62%148.62%-133.26%40.82%-96.43%152.70%44.32%-164.28%

Oil & Natural Gas Corpn Ltd (ONGC) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:13%
5 Years:7%
3 Years:25%
TTM:3%
Compounded Profit Growth
10 Years:7%
5 Years:10%
3 Years:47%
TTM:-17%
Stock Price CAGR
10 Years:1%
5 Years:20%
3 Years:13%
1 Year:-14%
Return on Equity
10 Years:13%
5 Years:13%
3 Years:17%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: February 12, 2025, 3:09 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 4,2784,2784,2784,2786,4176,4176,2906,2906,2906,2906,2906,2906,290
Reserves 148,250167,874176,177193,536187,969197,602210,644198,814214,691253,213274,357330,780345,986
Borrowings 20,68649,11353,94445,50080,029106,550107,742129,473133,187121,986142,255153,181191,489
Other Liabilities 80,211103,711103,44898,459170,111148,664167,667173,787187,580201,771190,212219,523213,848
Total Liabilities 253,424324,976337,847341,772444,525459,232492,343508,364541,748583,260613,115709,774757,614
Fixed Assets 119,644155,923179,933166,277211,125226,058230,391243,892243,746254,402250,819298,454350,438
CWIP 53,38572,03463,39357,66859,04261,51269,05683,832100,309106,719113,945116,02291,497
Investments 2,1284,7464,74933,38770,74667,33566,90956,75560,32066,64278,873102,207106,077
Other Assets 78,26792,27389,77184,440103,612104,328125,987123,884137,372155,496169,478193,091209,602
Total Assets 253,424324,976337,847341,772444,525459,232492,343508,364541,748583,260613,115709,774757,614

Below is a detailed analysis of the balance sheet data for Oil & Natural Gas Corpn Ltd (ONGC) based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹6,290.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded ₹6,290.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹345,986.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹330,780.00 Cr. (Mar 2024) to ₹345,986.00 Cr., marking an increase of ₹15,206.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹191,489.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from ₹153,181.00 Cr. (Mar 2024) to ₹191,489.00 Cr., marking an increase of ₹38,308.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹213,848.00 Cr.. The value appears to be improving (decreasing). It has decreased from ₹219,523.00 Cr. (Mar 2024) to ₹213,848.00 Cr., marking a decrease of ₹5,675.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹757,614.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from ₹709,774.00 Cr. (Mar 2024) to ₹757,614.00 Cr., marking an increase of ₹47,840.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹350,438.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹298,454.00 Cr. (Mar 2024) to ₹350,438.00 Cr., marking an increase of ₹51,984.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹91,497.00 Cr.. The value appears to be declining and may need further review. It has decreased from ₹116,022.00 Cr. (Mar 2024) to ₹91,497.00 Cr., marking a decrease of ₹24,525.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹106,077.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹102,207.00 Cr. (Mar 2024) to ₹106,077.00 Cr., marking an increase of ₹3,870.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹209,602.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹193,091.00 Cr. (Mar 2024) to ₹209,602.00 Cr., marking an increase of ₹16,511.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹757,614.00 Cr.. The value appears strong and on an upward trend. It has increased from ₹709,774.00 Cr. (Mar 2024) to ₹757,614.00 Cr., marking an increase of ₹47,840.00 Cr..

Notably, the Reserves (₹345,986.00 Cr.) exceed the Borrowings (₹191,489.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +39,87453,27033,95046,29245,78056,79261,45870,59347,18578,24886,06299,263
Cash from Investing Activity +-41,220-63,633-30,058-38,256-43,815-66,798-37,132-53,159-39,141-41,197-74,690-57,203
Cash from Financing Activity +-6,92715,225-10,641-8,972-1,8679,909-23,324-16,726-8,239-35,790-12,876-45,650
Net Cash Flow-8,2734,862-6,749-93599-971,001708-1951,261-1,504-3,591

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow45.0023.000.00-11.00-6.00-28.00-50.00-33.00-77.00-84.00-42.00-67.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days35344325161613819141112
Inventory Days8079651056556484685906186
Days Payable1121551752905148413151664661
Cash Conversion Cycle3-43-67-1613024212354392738
Working Capital Days-1-29-18-46-57-9-2-203-6-9-6
ROCE %23%20%13%13%17%14%19%10%9%16%14%18%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters60.41%58.91%58.89%58.89%58.89%58.89%58.89%58.89%58.89%58.89%58.89%58.89%
FIIs8.87%9.91%9.97%8.96%8.43%7.97%8.11%8.38%9.20%8.88%8.57%8.12%
DIIs17.19%16.36%17.83%18.53%19.27%19.87%19.84%19.58%18.73%18.88%18.75%19.04%
Government0.00%0.00%0.00%10.30%10.30%10.30%10.30%10.30%10.30%10.30%10.30%10.30%
Public13.53%14.82%13.31%3.32%3.10%2.94%2.87%2.83%2.89%3.05%3.50%3.65%
No. of Shareholders13,38,16013,62,79414,69,27316,58,80415,82,15315,48,72615,23,40615,13,38315,88,56417,90,07421,41,47927,88,153

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India CPSE ETF238,366,54017.646389.426,691,3002025-02-233462.34%
HDFC Flexi Cap Fund - Regular Plan24,000,0001.27643.326,691,3002025-02-23258.67%
HDFC Top 100 Fund - Regular Plan10,501,9200.87281.56,691,3002025-02-2356.95%
Aditya Birla Sun Life PSU Equity Fund9,850,8607.76264.056,691,3002025-02-2347.22%
HDFC Balanced Advantage Fund - Regular Plan9,824,3500.33263.346,691,3002025-02-2346.82%
Nippon India ETF Nifty 50 BeES9,388,1611.06251.656,691,3002025-02-2340.3%
Aditya Birla Sun Life ELSS Tax Saver Fund8,450,0001.51226.56,691,3002025-02-2326.28%
Nippon India Value Fund7,700,0002.9206.46,691,3002025-02-2315.07%
HDFC ELSS Tax Saver Fund7,000,0001.34187.646,691,3002025-02-234.61%
HDFC Arbitrage Fund - Regular Plan6,691,3001.65179.366,691,3002025-02-230%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) 39.1328.1736.1912.928.59
Diluted EPS (Rs.) 39.1328.1736.1912.928.59
Cash EPS (Rs.) 69.1048.5360.0336.4629.54
Book Value[Excl.RevalReserv]/Share (Rs.) 290.21239.47225.22192.84177.67
Book Value[Incl.RevalReserv]/Share (Rs.) 290.21239.47225.22192.84177.67
Revenue From Operations / Share (Rs.) 470.14502.63390.51241.65315.38
PBDIT / Share (Rs.) 94.2169.4370.0546.7348.63
PBIT / Share (Rs.) 68.5946.9348.0326.4327.46
PBT / Share (Rs.) 59.1934.1941.8323.1214.33
Net Profit / Share (Rs.) 43.4826.0338.0216.168.36
NP After MI And SOA / Share (Rs.) 39.1328.1736.1912.928.59
PBDIT Margin (%) 20.0313.8117.9319.3315.42
PBIT Margin (%) 14.599.3312.3010.938.70
PBT Margin (%) 12.596.8010.719.564.54
Net Profit Margin (%) 9.245.179.736.682.65
NP After MI And SOA Margin (%) 8.325.609.265.342.72
Return on Networth / Equity (%) 14.6012.6217.547.355.26
Return on Capital Employeed (%) 15.4312.2413.197.918.97
Return On Assets (%) 6.935.767.772.992.11
Long Term Debt / Equity (X) 0.230.350.330.350.35
Total Debt / Equity (X) 0.350.460.410.490.50
Asset Turnover Ratio (%) 0.890.300.250.160.24
Current Ratio (X) 0.880.860.830.750.64
Quick Ratio (X) 0.530.520.400.390.38
Inventory Turnover Ratio (X) 3.590.120.120.320.34
Dividend Payout Ratio (NP) (%) 26.1949.6925.1414.0667.09
Dividend Payout Ratio (CP) (%) 15.8327.6315.635.4619.36
Earning Retention Ratio (%) 73.8150.3174.8685.9432.91
Cash Earning Retention Ratio (%) 84.1772.3784.3794.5480.64
Interest Coverage Ratio (X) 11.6311.0715.4711.578.17
Interest Coverage Ratio (Post Tax) (X) 6.536.189.774.823.61
Enterprise Value (Cr.) 448048.83310615.17330950.56252750.74199126.22
EV / Net Operating Revenue (X) 0.750.490.670.830.50
EV / EBITDA (X) 3.783.563.764.303.25
MarketCap / Net Operating Revenue (X) 0.560.300.410.420.21
Retention Ratios (%) 73.8050.3074.8585.9332.90
Price / BV (X) 0.990.670.790.580.41
Price / Net Operating Revenue (X) 0.560.300.410.420.21
EarningsYield 0.140.180.220.120.12

After reviewing the key financial ratios for Oil & Natural Gas Corpn Ltd (ONGC), here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 39.13. This value is within the healthy range. It has increased from 28.17 (Mar 23) to 39.13, marking an increase of 10.96.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 39.13. This value is within the healthy range. It has increased from 28.17 (Mar 23) to 39.13, marking an increase of 10.96.
  • For Cash EPS (Rs.), as of Mar 24, the value is 69.10. This value is within the healthy range. It has increased from 48.53 (Mar 23) to 69.10, marking an increase of 20.57.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 290.21. It has increased from 239.47 (Mar 23) to 290.21, marking an increase of 50.74.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 290.21. It has increased from 239.47 (Mar 23) to 290.21, marking an increase of 50.74.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 470.14. It has decreased from 502.63 (Mar 23) to 470.14, marking a decrease of 32.49.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 94.21. This value is within the healthy range. It has increased from 69.43 (Mar 23) to 94.21, marking an increase of 24.78.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 68.59. This value is within the healthy range. It has increased from 46.93 (Mar 23) to 68.59, marking an increase of 21.66.
  • For PBT / Share (Rs.), as of Mar 24, the value is 59.19. This value is within the healthy range. It has increased from 34.19 (Mar 23) to 59.19, marking an increase of 25.00.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 43.48. This value is within the healthy range. It has increased from 26.03 (Mar 23) to 43.48, marking an increase of 17.45.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 39.13. This value is within the healthy range. It has increased from 28.17 (Mar 23) to 39.13, marking an increase of 10.96.
  • For PBDIT Margin (%), as of Mar 24, the value is 20.03. This value is within the healthy range. It has increased from 13.81 (Mar 23) to 20.03, marking an increase of 6.22.
  • For PBIT Margin (%), as of Mar 24, the value is 14.59. This value is within the healthy range. It has increased from 9.33 (Mar 23) to 14.59, marking an increase of 5.26.
  • For PBT Margin (%), as of Mar 24, the value is 12.59. This value is within the healthy range. It has increased from 6.80 (Mar 23) to 12.59, marking an increase of 5.79.
  • For Net Profit Margin (%), as of Mar 24, the value is 9.24. This value is within the healthy range. It has increased from 5.17 (Mar 23) to 9.24, marking an increase of 4.07.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.32. This value is within the healthy range. It has increased from 5.60 (Mar 23) to 8.32, marking an increase of 2.72.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 14.60. This value is below the healthy minimum of 15. It has increased from 12.62 (Mar 23) to 14.60, marking an increase of 1.98.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 15.43. This value is within the healthy range. It has increased from 12.24 (Mar 23) to 15.43, marking an increase of 3.19.
  • For Return On Assets (%), as of Mar 24, the value is 6.93. This value is within the healthy range. It has increased from 5.76 (Mar 23) to 6.93, marking an increase of 1.17.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.23. This value is within the healthy range. It has decreased from 0.35 (Mar 23) to 0.23, marking a decrease of 0.12.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.35. This value is within the healthy range. It has decreased from 0.46 (Mar 23) to 0.35, marking a decrease of 0.11.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.89. It has increased from 0.30 (Mar 23) to 0.89, marking an increase of 0.59.
  • For Current Ratio (X), as of Mar 24, the value is 0.88. This value is below the healthy minimum of 1.5. It has increased from 0.86 (Mar 23) to 0.88, marking an increase of 0.02.
  • For Quick Ratio (X), as of Mar 24, the value is 0.53. This value is below the healthy minimum of 1. It has increased from 0.52 (Mar 23) to 0.53, marking an increase of 0.01.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.59. This value is below the healthy minimum of 4. It has increased from 0.12 (Mar 23) to 3.59, marking an increase of 3.47.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 26.19. This value is within the healthy range. It has decreased from 49.69 (Mar 23) to 26.19, marking a decrease of 23.50.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 15.83. This value is below the healthy minimum of 20. It has decreased from 27.63 (Mar 23) to 15.83, marking a decrease of 11.80.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 73.81. This value exceeds the healthy maximum of 70. It has increased from 50.31 (Mar 23) to 73.81, marking an increase of 23.50.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 84.17. This value exceeds the healthy maximum of 70. It has increased from 72.37 (Mar 23) to 84.17, marking an increase of 11.80.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 11.63. This value is within the healthy range. It has increased from 11.07 (Mar 23) to 11.63, marking an increase of 0.56.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 6.53. This value is within the healthy range. It has increased from 6.18 (Mar 23) to 6.53, marking an increase of 0.35.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 448,048.83. It has increased from 310,615.17 (Mar 23) to 448,048.83, marking an increase of 137,433.66.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 0.75. This value is below the healthy minimum of 1. It has increased from 0.49 (Mar 23) to 0.75, marking an increase of 0.26.
  • For EV / EBITDA (X), as of Mar 24, the value is 3.78. This value is below the healthy minimum of 5. It has increased from 3.56 (Mar 23) to 3.78, marking an increase of 0.22.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.56. This value is below the healthy minimum of 1. It has increased from 0.30 (Mar 23) to 0.56, marking an increase of 0.26.
  • For Retention Ratios (%), as of Mar 24, the value is 73.80. This value exceeds the healthy maximum of 70. It has increased from 50.30 (Mar 23) to 73.80, marking an increase of 23.50.
  • For Price / BV (X), as of Mar 24, the value is 0.99. This value is below the healthy minimum of 1. It has increased from 0.67 (Mar 23) to 0.99, marking an increase of 0.32.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.56. This value is below the healthy minimum of 1. It has increased from 0.30 (Mar 23) to 0.56, marking an increase of 0.26.
  • For EarningsYield, as of Mar 24, the value is 0.14. This value is below the healthy minimum of 5. It has decreased from 0.18 (Mar 23) to 0.14, marking a decrease of 0.04.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Oil & Natural Gas Corpn Ltd (ONGC) as of February 26, 2025 is: ₹284.79

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 26, 2025, Oil & Natural Gas Corpn Ltd (ONGC) is Undervalued by 22.23% compared to the current share price 233.00

Intrinsic Value of Oil & Natural Gas Corpn Ltd (ONGC) as of February 26, 2025 is: 373.50

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 26, 2025, Oil & Natural Gas Corpn Ltd (ONGC) is Undervalued by 60.30% compared to the current share price ₹233.00

Last 5 Year EPS CAGR: 31.15%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 15.50%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -16.67, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -1.00, which is a positive sign.
  4. The company has higher reserves (223,068.69 cr) compared to borrowings (102,702.69 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (326.62 cr) and profit (39.15 cr) over the years.

    Stock Analysis

    • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Oil & Natural Gas Corpn Ltd (ONGC):
      1. Net Profit Margin: 9.24%
        • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
      2. ROCE: 15.43% (Industry Average ROCE: 10.49%)
        • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
      3. ROE%: 14.6% (Industry Average ROE: 9.47%)
        • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
      4. Interest Coverage Ratio (Post Tax): 6.53
        • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
      5. Quick Ratio: 0.53
        • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
      6. Stock P/E: 7.41 (Industry average Stock P/E: 79.53)
        • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
      7. Total Debt / Equity: 0.35
        • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
      The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
      Stock Rating:

    About the Company - Qualitative Analysis

    Oil And Natural Gas Corporation Ltd. is a Public Limited Listed company incorporated on 23/06/1993 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L74899DL1993GOI054155 and registration number is 054155. Currently Company is involved in the business activities of Off shore extraction of crude petroleum. Company's Total Operating Revenue is Rs. 129741.47 Cr. and Equity Capital is Rs. 6290.14 Cr. for the Year ended 31/03/2024.
    INDUSTRYADDRESSCONTACT
    Oil Drilling And ExplorationPlot No. 5A- 5B, Nelson Mandela Road, New Delhi Delhi 110070secretariat@ongc.co.in
    https://ongcindia.com
    Management
    NamePosition Held
    Mr. Arun Kumar SinghChairman & CEO
    Mr. V C TongaonkarDirector - Finance & CFO
    Mr. Manish PatilDirector - Human Resources
    Mr. Om Prakash SinghDirector
    Ms. Sushma RawatDirector
    Mr. Pankaj KumarDirector
    Mr. Syamchand GhoshIndependent Director
    Mr. V Ajit Kumar RajuIndependent Director
    Mr. Manish PareekIndependent Director
    Mrs. Reena JaitlyIndependent Director
    Dr. Prabhaskar RaiIndependent Director
    Dr. Madhav SinghIndependent Director
    Mr. Praveen Mal KhanoojaGovernment Nominee Director

    FAQ

    What is the latest intrinsic value of Oil & Natural Gas Corpn Ltd (ONGC)?

    Let's break down Oil & Natural Gas Corpn Ltd (ONGC)'s intrinsic value simply:

    We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

    As of 26 February 2025:

    • Calculated Fair Value: ₹284.79
    • Current Market Price: ₹233.00
    • Variance: 22.23% higher

    This suggests Oil & Natural Gas Corpn Ltd (ONGC) is currently undervalued by 22.23%. For context:

    • Market Cap: 2,93,121 Cr.
    • 52-Week Range: 345/223
    • Reserves (Sep 2024): 345,986 Cr
    • Liabilities: 757,614 Cr

    Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

    What is the Market Cap of Oil & Natural Gas Corpn Ltd (ONGC)?

    The Market Cap of Oil & Natural Gas Corpn Ltd (ONGC) is 2,93,121 Cr..

    What is the current Stock Price of Oil & Natural Gas Corpn Ltd (ONGC) as on 26 February 2025?

    The current stock price of Oil & Natural Gas Corpn Ltd (ONGC) as on 26 February 2025 is ₹233.

    What is the High / Low of Oil & Natural Gas Corpn Ltd (ONGC) stocks in FY 2024-2025?

    In FY 2024-2025, the High / Low of Oil & Natural Gas Corpn Ltd (ONGC) stocks is 345/223.

    What is the Stock P/E of Oil & Natural Gas Corpn Ltd (ONGC)?

    The Stock P/E of Oil & Natural Gas Corpn Ltd (ONGC) is 7.41.

    What is the Book Value of Oil & Natural Gas Corpn Ltd (ONGC)?

    The Book Value of Oil & Natural Gas Corpn Ltd (ONGC) is 280.

    What is the Dividend Yield of Oil & Natural Gas Corpn Ltd (ONGC)?

    The Dividend Yield of Oil & Natural Gas Corpn Ltd (ONGC) is 5.26 %.

    What is the ROCE of Oil & Natural Gas Corpn Ltd (ONGC)?

    The ROCE of Oil & Natural Gas Corpn Ltd (ONGC) is 18.4 %.

    What is the ROE of Oil & Natural Gas Corpn Ltd (ONGC)?

    The ROE of Oil & Natural Gas Corpn Ltd (ONGC) is 16.3 %.

    What is the Face Value of Oil & Natural Gas Corpn Ltd (ONGC)?

    The Face Value of Oil & Natural Gas Corpn Ltd (ONGC) is 5.00.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Oil & Natural Gas Corpn Ltd (ONGC). Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE