Oil & Natural Gas Corporation (ONGC)

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Oil & Natural Gas Corporation (ONGC) · mywealthgrid

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY 50 NIFTY 100 NIFTY 200 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Reliance IndustriesRELIANCERELIANCE	₹15,80,190 Cr	₹19,54,611 Cr	₹11,38,865 Cr	₹1,83,561 Cr	16.6%	₹74,727 Cr	8.9%	9.6%	9.2%	24
Oil & Natural Gas CorporationONGCONGC	₹2,79,741 Cr	₹4,21,797 Cr	₹7,04,127 Cr	₹92,698 Cr	15.6%	₹43,519 Cr	7.5%	12.9%	11.6%	28
Coal IndiaCOALINDIACOALINDIA	₹2,58,966 Cr	₹2,72,788 Cr	₹1,57,856 Cr	₹40,789 Cr	24.5%	₹31,203 Cr	18.5%	20.5%	28.5%	166
Indian Oil Corporation LimitedIOCIOC	₹1,85,468 Cr	₹3,17,290 Cr	₹9,61,537 Cr	₹67,856 Cr	8.6%	₹33,652 Cr	4.9%	21.1%	20.7%	40
Bharat Petroleum Corporation LimitedBPCLBPCL	₹1,30,415 Cr	₹1,73,897 Cr	₹5,52,733 Cr	₹27,469 Cr	7.9%	₹17,132 Cr	4.9%	27.1%	28.5%	14
Gail (India) LimitedGAILGAIL	₹1,12,579 Cr	₹1,32,543 Cr	₹1,48,016 Cr	₹14,939 Cr	8.1%	₹9,879 Cr	5.3%	8%	8.7%	19
Hindustan Petroleum Corporation LimitedHINDPETROHINDPETRO	₹73,409 Cr	₹1,24,308 Cr	₹5,03,898 Cr	₹6,938 Cr	6.4%	₹1,671 Cr	3.8%	23.9%	30.9%	14
Oil India LimitedOILOIL	₹72,221 Cr	₹1,08,180 Cr	₹41,186 Cr	₹13,887 Cr	28.2%	₹8,353 Cr	20.4%	9.9%	12.3%	161
Adani Total Gas LimitedATGLATGL	₹64,124 Cr	₹66,292 Cr	₹6,817 Cr	₹1,172 Cr	18.6%	₹632 Cr	10.2%	14.7%	14.5%	-0
Aegis Logistics LimitedAEGISLOGAEGISLOG	₹49,179 Cr	₹51,595 Cr	₹8,971 Cr	₹1,926 Cr	17.4%	₹1,251 Cr	13.3%	15.1%	16.8%	-12
Petronet Lng LimitedPETRONETPETRONET	₹42,825 Cr	₹42,825 Cr	₹37,173 Cr	₹5,711 Cr	12.3%	₹4,208 Cr	9%	22.1%	18.6%	10
Aegis Vopak Terminals LimitedAEGISVOPAKAEGISVOPAK	₹32,215 Cr	₹34,333 Cr	₹862 Cr	₹642 Cr	74.4%	₹250 Cr	37%	8.4%	10%	58

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	4,25,001	3,60,572	5,31,793	6,84,829	6,43,037	6,63,262	6,62,247
COGS	2,66,054	1,91,309	2,23,314	4,56,316	3,99,371	4,26,547	4,02,335
Gross profit	1,58,947	1,69,263	3,08,479	2,28,513	2,43,666	2,36,715	2,59,913
	1,05,748	1,18,778	2,28,605	1,52,952	1,38,434	1,46,819	1,53,791
	53,200	50,485	79,874	75,561	1,05,231	89,896	1,06,122
OPM %	12.5%	14%	15%	11%	16.4%	13.6%	16%
Depreciation	26,635	25,538	26,883	24,557	28,763	35,206	37,391
Interest	7,000	5,079	5,696	7,889	10,194	14,535	13,029
	-497	10,242	6,797	-64	10,586	12,242	11,921
Profit before tax	19,068	30,110	54,091	43,051	76,860	52,398	67,623
Tax	7,508	8,766	4,797	10,273	19,759	14,069	17,830
Tax %	39.4%	29.1%	8.9%	23.9%	25.7%	26.9%	26.4%
	11,560	21,343	49,294	32,778	57,101	38,329	49,793
PAT margin %	2.7%	5.9%	9.3%	4.8%	8.9%	5.8%	7.5%
EPS (₹)	8.7	12.9	—	28.2	39.1	28.8	32.9
EPS adjusted (₹)	8.7	12.9	39.2	28.2	39.1	28.8	32.9
	57.7%	27.9%	—	39.9%	31.3%	42.5%	40.2%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	4,278	6,417	6,417	6,417	6,290	6,290	6,290	6,290	6,290	6,290	6,290
Reserves	1,84,599	1,87,969	1,97,602	1,96,347	2,09,215	2,14,691	2,53,213	2,74,357	3,30,780	3,37,150	3,65,478
Minority interest	2,378	13,292	15,606	15,606	18,273	21,616	23,825	20,608	28,020	30,795	37,925
	42,797	74,400	1,01,246	99,330	1,01,500	1,19,061	1,07,776	1,29,186	1,19,755	1,53,556	1,42,055
	93,086	1,63,321	1,39,364	1,39,846	1,64,215	1,81,621	1,94,287	1,84,088	2,25,347	2,30,932	2,40,157
Total equity & liabilities	3,27,139	4,45,397	4,60,235	4,57,546	4,99,494	5,43,279	5,85,390	6,14,529	7,10,193	7,58,723	7,91,905
	—	—	—	—	—	2,43,739	2,54,394	2,50,812	2,98,447	3,40,167	3,46,065
CWIP	—	—	—	—	—	62,898	71,485	73,975	92,029	87,037	91,478
Investments	30,440	8,743	4,999	4,999	5,084	60,328	66,650	78,880	1,02,215	95,625	1,01,092
	2,96,698	4,36,654	4,55,236	4,52,547	4,94,410	1,76,314	1,92,861	2,10,862	2,17,502	2,35,894	2,53,270
Total assets	3,27,139	4,45,397	4,60,235	4,57,546	4,99,494	5,43,279	5,85,390	6,14,529	7,10,193	7,58,723	7,91,905

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
(ii) In India - Refining & Marketing	5,84,345.8	28,664.02	2,43,541.18	1,61,086.1	82,455.08	34.76
(i) (a) In India - E&P - Offshore	92,406.31	34,007.72

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	37.4%	46.9%	58%	33.4%	37.9%	35.7%	39.2%
EBITDA margin %	12.3%	13.7%	15%	11%	16%	13.4%	15.6%
EBIT margin %	6%	6.6%	10%	7.4%	11.5%	8.1%	9.9%
PAT margin %	2.7%	5.9%	9.3%	4.8%	8.9%	5.8%	7.5%
Working capital
Receivable days	15	16	13	10	11	12	12
Inventory days	48	85	89	35	48	50	59
Payable days	—	51	66	27	34	33	43
NWC days	—	50	36	18	25	29	28
Leverage
Current ratio	0.65	0.76	0.83	0.86	0.88	0.81	0.84
Debt to EBITDA	1.95	2.41	1.35	1.71	1.16	1.73	1.38
Debt to equity	0.47	0.54	0.42	0.46	0.36	0.45	0.38
Interest coverage	4.9	6.5	10.6	7.5	8.5	4.5	6
Asset turnover	0.85	0.66	0.91	1.11	0.91	0.87	0.84
Return ratios
Return on assets %	2.3%	3.9%	8.4%	5.3%	8%	5.1%	6.3%
Return on capital employed %	9.3%	8.5%	13.8%	12.6%	16.6%	11.5%	12.9%
Return on equity %	5.4%	9.7%	19%	11.7%	16.9%	11.2%	13.4%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%	58.89%
	8.38%	9.19%	8.88%	8.57%	8.12%	7.53%	7.12%	7.09%	6.98%	7.42%	7.97%	8.01%
	19.59%	18.73%	18.88%	18.75%	19.04%	19.41%	19.94%	19.85%	19.96%	19.69%	19.31%	19.31%
Government	0%	0%	0%	0%	0%	0%	0%	0%	10.3%	10.3%	10.3%	10.3%
	13.14%	13.19%	13.35%	13.79%	13.95%	14.17%	14.05%	14.17%	3.87%	3.7%	3.53%	3.49%
No. of shareholders	—	—	—	—	—	—	—	—	29,59,513	28,56,489	27,77,888	27,36,414

Promoter holding up 0 percentage points since Sep 2023.

40 deals · 23 Sept 2021 – 20 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
20 Oct 2025	GOLDMAN SACHS (SINGAPORE) PTE - ODI	Block	NSE	Sell	4,19,742	₹247.00	₹10.37 Cr
20 Oct 2025	GOLDMAN SACHS BANK EUROPE SE - ODI	Block	NSE	Buy	4,19,742	₹247.00	₹10.37 Cr
14 Jul 2025	STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND	Block	BSE	Sell	11,57,075	₹241.75	₹27.97 Cr
14 Jul 2025	STATE STREET MSCI ACWI EX USA IMI SCREENED NON-LENDING COMMON TRUST FUND	Block	BSE	Buy	11,57,075	₹241.75	₹27.97 Cr
14 Nov 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	NSE	Buy	38,03,960	₹140.45	₹53.43 Cr
14 Nov 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	NSE	Sell	38,03,960	₹140.45	₹53.43 Cr
3 Nov 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	NSE	Buy	38,03,960	₹136.45	₹51.91 Cr
3 Nov 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	NSE	Sell	38,03,960	₹136.45	₹51.91 Cr
25 Oct 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	BSE	Buy	20,46,537	₹132.80	₹27.18 Cr
25 Oct 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	BSE	Sell	20,46,537	₹132.80	₹27.18 Cr

1–10 of 40

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Mr. ARUN KUMAR SINGHExecutive Director-Chairperson-CEO
Mr. PANKAJ KUMARExecutive Director
Mr. MANISH PATILExecutive Director
Mr. VIKRAM SAXENAExecutive Director
Mr. OM PRAKASH SINHAExecutive Director
Mr. SATYAN KUMARExecutive Director
Mr. ANUPAM AGARWALExecutive Director
Mr. PRAVEEN MAL KHANOOJANon-Executive - Nominee Director
Mr. VINOD SESHANNon-Executive - Nominee Director
Mr. Shashi Bhushan SinghCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

End of day 30 Sept 2026 · underlying ₹225.8 · volume and open interest in contracts

3

Expiry	Close	Chg	% Chg	Settlement	Open interest	Change in OI	Volume	Lot size
27 Oct 2026	₹225.5	-6.1	-2.6%	₹225.5	26,400	+265	2,609	2250
23 Nov 2026	₹226.7	-6.2	-2.7%	₹226.7	732	+93	168	2250
29 Dec 2026	₹228.3	-5.1	-2.2%	₹228.3	46	+46	53	2250

Open the chart icon on a row for that contract's close over 103 stored sessions, with open interest as bars beneath it.

29

27 Oct 2026 23 Nov 2026 29 Dec 2026

Calls				Strike	Puts
OI	Chg OI	Volume	LTP	—	LTP	Volume	Chg OI	OI
0	0	0	₹0.0	195

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

171

across 20 fund houses

Held by these funds

4.82%

of the company's equity

All mutual funds

7.95%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

171 schemes · 20 fund houses

		Shares
CPSE ETF	Nippon India Mutual Fund	11.05 Cr	2,560.7	13.45%	0.878%	+1.25 L
Nifty 50 ETF	SBI Mutual Fund	7.53 Cr	1,746.54	0.82%	0.599%	+3.96 L
Value Fund	ICICI Prudential Mutual Fund	4.01 Cr	929.89	1.55%	0.319%	-0
Large Cap Fund	ICICI Prudential Mutual Fund	3.33 Cr	770.96	0.96%	0.264%	-26.19 L
Energy Opportunities Fund	SBI Mutual Fund	2.43 Cr	563.51	6.77%	0.193%	-0
Contra Fund	SBI Mutual Fund	2.39 Cr	553.92	1.16%	0.19%	-0
ETF NIFTY 50 BEES	Nippon India Mutual Fund	2.36 Cr	548.09	0.82%	0.188%	+4.75 L
BHARAT 22 ETF	ICICI Prudential Mutual Fund	2.25 Cr	521.84	5.25%	0.179%	-46,373

1–8 of 171

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Events

Upcoming dates and the company’s corporate-action history.

51

Final dividend4 Sept 2026 · ex-date₹1
Interim dividend18 Feb 2026 · ex-date₹6.25
Interim dividend14 Nov 2025 · ex-date₹6
Final dividend4 Sept 2025 · ex-date₹1.25
Interim dividend7 Feb 2025 · ex-date₹5
Interim dividend19 Nov 2024 · ex-date₹6
Final dividend23 Aug 2024 · ex-date₹2.5
Interim dividend16 Feb 2024 · ex-date₹4
Interim dividend21 Nov 2023 · ex-date₹5.75
Final dividend18 Aug 2023 · ex-date₹0.5
Interim dividend24 Feb 2023 · ex-date₹4
Interim dividend21 Nov 2022 · ex-date₹6.75
Final dividend18 Aug 2022 · ex-date₹3.25
Interim dividend21 Feb 2022 · ex-date₹1.75
Interim dividend22 Nov 2021 · ex-date₹5.5
Final dividend8 Sept 2021 · ex-date₹1.85
Interim dividend17 Feb 2021 · ex-date₹1.75
Interim dividend23 Mar 2020 · ex-date₹5
Final dividend22 Aug 2019 · ex-date₹0.75
Interim dividend26 Mar 2019 · ex-date₹1
Interim dividend28 Feb 2019 · ex-date₹5.25
Final dividend19 Sept 2018 · ex-date₹1.35
Interim dividend13 Mar 2018 · ex-date₹2.25
Interim dividend3 Nov 2017 · ex-date₹3
Final dividend21 Sept 2017 · ex-date₹0.8
Interim dividend7 Feb 2017 · ex-date₹2.25
Interim dividend3 Nov 2016 · ex-date₹4.5
Final dividend31 Aug 2016 · ex-date₹3.25
Interim dividend16 Mar 2016 · ex-date₹0.75
Interim dividend10 Nov 2015 · ex-date₹4.5
Final dividend7 Sept 2015 · ex-date₹0.5
Interim dividend24 Mar 2015 · ex-date₹4
Interim dividend16 Dec 2014 · ex-date₹5
Final dividend11 Sept 2014 · ex-date₹0.25
Interim dividend27 Mar 2014 · ex-date₹4.25
Interim dividend10 Dec 2013 · ex-date₹5
Final dividend17 Sept 2013 · ex-date₹0.5
Interim dividend22 Mar 2013 · ex-date₹4
Interim dividend24 Dec 2012 · ex-date₹5
Final dividend14 Sept 2012 · ex-date₹2
Interim dividend19 Mar 2012 · ex-date₹1.5
Interim dividend6 Jan 2012 · ex-date₹6.25
Final dividend18 Aug 2011 · ex-date₹0.75
Interim dividend20 Dec 2010 · ex-date₹32
Final dividend9 Sept 2010 · ex-date₹15
Interim dividend22 Dec 2009 · ex-date₹18
Final dividend11 Sept 2009 · ex-date₹14
Interim dividend23 Dec 2008 · ex-date₹18
Dividend dividend8 Sept 2008 · ex-date₹14
Interim dividend26 Dec 2007 · ex-date₹18
Final dividend10 Sept 2007 · ex-date₹13

1

Board meeting to consider results4 Aug 2026

1

Face value ₹10 → ₹58 Feb 2011 · ex-date

1–3 of 4

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	37.4%	46.9%	58%	33.4%	37.9%	35.7%	39.2%
EBITDA margin %	12.3%	13.7%	15%	11%	16%	13.4%	15.6%
EBIT margin %	6%	6.6%	10%	7.4%	11.5%	8.1%	9.9%
PAT margin %	2.7%	5.9%	9.3%	4.8%	8.9%	5.8%	7.5%
Working capital
Receivable days	15	16	13	10	11	12	12
Inventory days	48	85	89	35	48	50	59
Payable days	—	51	66	27	34	33	43
NWC days	—	50	36	18	25	29	28
Leverage
Current ratio	0.65	0.76	0.83	0.86	0.88	0.81	0.84
Debt to EBITDA	1.95	2.41	1.35	1.71	1.16	1.73	1.38
Debt to equity	0.47	0.54	0.42	0.46	0.36	0.45	0.38
Interest coverage	4.9	6.5	10.6	7.5	8.5	4.5	6
Asset turnover	0.85	0.66	0.91	1.11	0.91	0.87	0.84
Return ratios
Return on assets %	2.3%	3.9%	8.4%	5.3%	8%	5.1%	6.3%
Return on capital employed %	9.3%	8.5%	13.8%	12.6%	16.6%	11.5%	12.9%
Return on equity %	5.4%	9.7%	19%	11.7%	16.9%	11.2%	13.4%

Calls	Strike	Puts
0	0	0	₹0.0	195

Date	Category	Subject	Filing
1 Oct 2026, 12:36 pm	Company Update General	Change In Senior Management	PDF
21 Sept 2026, 4:43 pm	Company Update Press Release / Media Release	Announcement under Regulation 30 (LODR)-Press Release / Media Release	PDF
21 Sept 2026, 4:27 pm	Company Update Change in Directorate	Announcement under Regulation 30 (LODR)-Change in Directorate	PDF
18 Sept 2026, 7:10 pm	Company Update General	Intimation Regarding ESG Rating	PDF
17 Sept 2026, 1:13 pm	Others Outcome without intimation	Board Meeting Outcome for Outcome Of Board Meeting	PDF
10 Sept 2026, 6:17 pm	Company Update General	Intimation Regarding ESG Rating	PDF
8 Sept 2026, 5:46 pm	Company Update Appointment of Statutory Auditor/s	Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s	PDF
1 Sept 2026, 3:14 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	46,292	45,780	58,293	61,458	70,593	47,201	78,248	84,211	99,263	90,868	1,12,719
	-38,283	-45,056	-66,521	-37,332	-53,498	-39,090	-41,330	-73,209	-57,267	-43,022	-57,676
	-8,972	-1,867	8,168	-23,325	-16,726	-8,258	-35,790	-12,916	-45,650	-47,908	-56,331
Net cash flow	—	-1,143	-60	—	—	-146	1,129	-1,914	-3,654	-61	-1,287
Free cash flow	—	—	—	—	—	14,866	44,791	47,419	61,347	49,837	71,438
CFO / Operating profit %	—	—	—	—	135.4%	95.4%	98%	111.5%	96.5%	102.3%	109.3%

Oil & Natural Gas Corporation

About

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Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

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F&O

Futures3

Option chain29

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Investor Presentation and earnings call

Events

Dividends51

Board meetings1

Stock splits1

Announcements

Dividends51

Board meetings1

Stock splits1

Ratio timeline

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Futures3

Option chain29

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

(i) (a) In India - E&P - Offshore · revenue

3

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1

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