ONGC · Oil & Natural Gas Corporation Ltd · Oil & Gas Operations
ONGC · Oil & Natural Gas Corporation Ltd · Oil & Gas Operations
As of 05 Nov close
52-week range
25.2% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Stock Condition as of 05 Nov 2026 close
Slowest input: promoter pledge (disclosed quarterly), as of 18 Jul 2026
Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹2,04,987 Cr
Revenue YoY
PAT YoY
+21.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.9
P/S (TTM)
0.4
Sector P/E
12.5
Dividend yield
+5.7%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ONGC (this stock) | 6.8 | 0.9 | +6.2% | +11.7% | 0.47 | +5.7% |
| Reliance Industries | 23.4 | 3.5 | +6.6% | +8.3% | 0.44 | +0.5% |
| Oil India | 8.1 | 1.4 | +20.3% | +14.4% | 0.65 | +2.4% |
| Petronet LNG | 10 | 1.9 | +11.3% | +18.9% | 0.11 | +3.5% |
Promoter
stable
FII
stable
MF
7.95% (+0.26pp)
rising 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- loweconomictimes.indiatimes.com· 28 Oct 2026, 12:51 pmIndustrial DA hike for CPSE employees: Rate rises to 59.1% from October 1; check revised rates for 1997, 2007 and 2017 pay scales
- lowbusiness-standard.com· 08 Oct 2026, 11:09 pmNifty 50 earnings seen rising 24.7% in Q2, best growth in 12 quarters
- unknowneconomictimes.indiatimes.com· 06 Oct 2026, 01:13 pmIn 1997, Gujarat man quit his job to sell vada pav for Rs 2.50 outside a posh bungalow. 30 years later, he owns the house but still runs his street-side cart
- highbusiness-standard.com· 01 Oct 2026, 02:10 pmAt 52-week lows: RIL, ONGC, M&M, Airtel, PB Fintech, 69 other BSE500 stocks
- loweconomictimes.indiatimes.com· 17 Sept 2026, 01:02 amHormuz crisis lifts ONGC oil business, squeezes petrochemical unit as feedstock costs surge
- unknownbusiness-standard.com· 10 Sept 2026, 10:19 amUpstream stocks: Oil India, ONGC surge 3% as Brent holds above $100-mark
- lowbusiness-standard.com· 01 Sept 2026, 01:11 pm₹1 trillion market-cap stock club swells 27% to 119 in FY27
- unknowneconomictimes.indiatimes.com· 11 Aug 2026, 06:00 amStocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and Airtel
- loweconomictimes.indiatimes.com· 04 Aug 2026, 06:03 amStocks in news: Paytm, LIC, Airtel, BSE and ONGC
- mediumcorporate actionthehindubusinessline.com· 03 Aug 2026, 06:55 pmGRSE expands non-defense portfolio with ONGC contract for 4 vessels
- highpromoter legaleconomictimes.indiatimes.com· 22 Jul 2026, 10:13 amVedanta Oil & Gas shares fall over 3% after firm discloses two legal matters involving ONGC, GoI
Concalls & investor presentations
AI-generatedKey takeaway: The document is a notification from Oil and Natural Gas Corporation Limited regarding the outcome of a conference call with analysts and investors. It references previous communications dated August 1 and August 5, 2026, and informs that the transcript of the call has been uploaded to the company's website for public access. The communication is signed by Shashi Bhushan Singh, the Company Secretary and Compliance Officer, and is intended for record-keeping purposes.
The document provided factual information about the conference call and its transcript.
Sourced from an exchange-filed transcript, dated 12 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a notification from Oil and Natural Gas Corporation Limited regarding the outcome of a conference call with analysts and investors. It references previous communications dated May 22, 2026, and May 27, 2026, and informs that the transcript of the call has been uploaded to the company's website for public access. The communication is formal and includes contact details for the company secretary, Shashi Bhushan Singh, who signed the document digitally. The document serves as a record of the call's outcome and provides necessary information for stakeholders.
The document presented factual information regarding the conference call without emphasizing any particular sentiment.
Sourced from an exchange-filed transcript, dated 04 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a notification regarding the outcome of a conference call with analysts and investors held by Oil and Natural Gas Corporation Limited (ONGC). It references previous communications about the call and informs that the transcript has been uploaded to the company's website for public access. The communication is formal and includes details such as the company's registered office address, contact information, and compliance with SEBI regulations. The document concludes with a signature from the Company Secretary and Compliance Officer, Shashi Bhushan Singh.
The document presented factual information regarding the conference call and its transcript.
Sourced from an exchange-filed transcript, dated 20 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Oil and Natural Gas Corporation Limited (ONGC) outlines the company's commitment to sustainable growth and energy security, emphasizing its goal of achieving net zero carbon emissions by 2038. Management highlighted ongoing investments in renewable energy and the National Deep Water Exploration Mission as part of its strategy to enhance production and operational efficiency. The report also details the company's focus on capital discipline, technological adoption, and stakeholder engagement to navigate the challenges of the energy sector.
- Management set a goal of achieving net zero carbon emissions by 2038.
- The report described continued investment in renewable energy sources.
- Management emphasized the importance of capital discipline and operational efficiency.
- The company plans to enhance stakeholder engagement and community development.
- ONGC is focused on technological adoption to improve production performance.
Key takeaway: ONGC is committed to sustainable growth through a dual focus on energy security and environmental responsibility.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (3 items); Default / Covenant Breach (3 items); Investigation or enforcement mention (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The Statutory Auditors referenced the matter in their Audit Report under the 'Emphasis of Matter' paragraph without qualifying their opinion.
Earlier (1-3 years ago)
The independent auditors of ONGC Videsh Limited included an Emphasis of Matter paragraph in their audit report dated May 02, 2025, highlighting issues related to the accounting treatment of non-current trade receivables from the Government of Sudan and the capitalization of borrowing costs and standby expenditures for the Mozambique project.
The auditor's report includes emphasis of matter paragraphs regarding significant events from the Russian Federation's decree affecting the Sakhalin-1 Project, receivables from Sudan with provisions made, and other unspecified matters related to ONGC Videsh Limited's financial statements.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company was levied an environmental compensation of ₹64,20,000/- by APPCB for non-compliance with discharge standards at ONGC's ETP outlets in Kesanapalli and Tatipaka.
Earlier (1-3 years ago)
ONGC received Show Cause Notices from TNPCB and GPCB regarding non-compliance with environmental regulations at Cauvery Asset, Karaikal and Ahmedabad Asset, including oil leakage and pending filings, but penalties were not imposed and corrective actions were taken.
ONGC was fined ₹5,000,000 for violating hazardous waste management provisions under the Environment (Protection) Act 1986 and Hazardous and Other Waste (Management and Transboundary Movement) Rules 2016 in Ankleshwar. The penalty was deposited on 09/06/2023, and the issue was resolved.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
In FY 2014-15, HDCPL, the operator of the Sanganpur field, committed a default in payment to its contractor, ET.
Earlier (1-3 years ago)
In FY 2014-15, HDCPL, the operator of the Sanganpur field, defaulted on payments to its contractor ETA Star Golding Limited, leading to a petition that resulted in the Bombay High Court appointing a liquidator for HDCPL's assets and business in 2014. Subsequent termination of the Production Sharing Contract by MoP&NG in 2017 halted operations, with pending royalty and cess payments.
In FY 2014-15, HDCPL, the operator of the Sanganpur field, defaulted on payments to its contractor ETA Star Golding Limited, leading to a petition that resulted in the Bombay High Court appointing a liquidator for HDCPL's assets and business in 2014.
Investigation or enforcement mention
2 occurrencesRecent (last 12 months)
During FY’26, two suspected fraud cases were identified by management during a special audit. The cases involved governance deficiencies in CBM North Karanpura Block and irregularities in tenders related to Magnetic Tomography Method (MTM) Survey of Pipelines. The Board referred both cases to the Chief Vigilance Officer and the Administrative Ministry for further investigation.
Earlier (1-3 years ago)
The company reported instances of suspected fraud involving misappropriation of funds through payments against fictitious medical bills by employees and external parties during FY’24.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The Holding Company did not meet the minimum number of Independent Directors required by the Act and SEBI regulations during the reporting financial year, and failed to have at least one woman director on the board from March 28, 2026, to March 31, 2026.
Contingent Liability
3 occurrencesRecent (last 12 months)
Deposits with banks (current) amounting to ₹49.18 million (as at March 31, 2025: ₹155.93 million) are held under lien for entry tax matter pending litigation.
Earlier (1-3 years ago)
Aditya Birla Finance Limited has secured loans with guarantees from its erstwhile Holding Company.
ONGC has provided financial guarantees amounting to USD 3072 million for a project in Mozambique, with a drawdown of USD 287.30 million as of 30 June 2021.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company passed a resolution approving a material related party transaction concerning the Area-1 Offshore Mozambique Project – AssetCo Structure.
Earlier (1-3 years ago)
The company has a material related-party transaction with Oil and Natural Gas Corporation Employees Contributory Provident Fund Trust for FY’27, involving aggregated contributions exceeding ₹1,000 crore annually.
The company approved a material related party transaction involving a contribution of up to ₹1,104 crore to the Oil and Natural Gas Corporation Employees Contributory Provident Fund Trust for FY’26 to meet its statutory obligations for employees' Provident Fund.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
The number of Independent Directors was less than fifty percent of the Board of Directors during the period from 05 May 2023 to 31 January 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.42% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).