ONGC

Oil And Natural Gas Corporation Share Price

₹267.40 +2.1 (0.79%)

05 Nov, 2024 19:33

SIP TrendupStart SIP in ONGC

Start SIP

Performance

  • Low
  • ₹264
  • High
  • ₹269
  • 52 Week Low
  • ₹188
  • 52 Week High
  • ₹345
  • Open Price₹265
  • Previous Close₹265
  • Volume11,676,017

Investment Returns

  • Over 1 Month -9.43%
  • Over 3 Month -18.99%
  • Over 6 Month -6.54%
  • Over 1 Year + 40.74%
SIP Lightning

Smart Investing Starts Here Start SIP with Oil And Natural Gas Corporation for Steady Growth!

Oil And Natural Gas Corporation Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 7.8
  • PEG Ratio
  • 0.5
  • Market Cap Cr
  • 343,161
  • P/B Ratio
  • 0.9
  • Average True Range
  • 7.78
  • EPS
  • 32.2
  • Dividend Yield
  • 4.6
  • MACD Signal
  • -8.02
  • RSI
  • 38.81
  • MFI
  • 16.7

Oil And Natural Gas Corporation Financial

IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations35,266.3834,636.6934,788.0735,163.0433,814.33
Total Income From Operations35,266.3834,636.6934,788.0735,163.0433,814.33
P/L Before Interest, Excpt. Items & Tax13,138.3313,895.2313,157.4714,487.9814,368.28
P/L Before Exceptional Items & Tax11,956.1212,860.3812,134.7413,471.9513,360.58
P/L After Tax from Ordinary Activities8,938.109,869.379,535.6710,216.3210,015.04
Net Profit/Loss For the Period8,938.109,869.379,535.6710,216.3210,015.04
IndicatorMar 24Mar 23
Revenue From Operations [Gross]137,774.17154,754.14
Revenue From Operations [Net]129,113.51143,750.27
Total Operating Revenues129,741.47144,513.45
Total Revenue140,519.66152,140.00
Total Expenses87,503.4592,509.57
Profit/Loss Before Tax53,016.2150,395.32
Profit/Loss For The Period40,525.9738,828.87
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity65,335.5279,120.99
Net Cash Used In Investing Activity-42,693.57-55,648.49
Net Cash Used in Finance Activity-22,684.60-23,445.41
Net Inc/Dec In Cash And Equivalent-42.6527.09
Cash And Equivalent End Of Year34.5577.19
IndicatorMar 24Mar 23
Total Share Capital6,290.146,290.14
Total Non-Current Liabilities98,475.8768,041.34
Total Current Liabilities41,568.5041,149.91
Total Capital And Liabilities446,020.89367,037.09
Total Non-Current Assets380,279.28313,959.41
Total Current Assets65,741.6153,077.68
Total Assets446,020.89367,037.09
Indicator20242023
EBIT Margin (%)44.0043.13
Return On Capital Employed (%)14.1119.12
Return On Equity (%)13.2415.05
Long Term Debt To Equity (%)1.301.53
Book Value/Share (INR)243.22204.96
IndicatorJun 24Mar 24Dec 23Sep 23Jun 23
Net Sales/Income from operations166,576.75166,770.63165,569.06146,873.73163,823.59
Total Income From Operations166,576.75166,770.63165,569.06146,873.73163,823.59
P/L Before Interest, Excpt. Items & Tax16,704.3118,466.9416,989.1724,071.9725,578.00
P/L Before Exceptional Items & Tax13,765.9515,784.1714,445.0521,468.6323,214.06
P/L After Tax from Ordinary Activities10,020.5810,348.9310,677.8015,931.3016,857.22
Net Profit/Loss For the Period10,020.5810,348.9310,677.8015,931.3016,857.22
IndicatorMar 24Mar 23
Revenue From Operations [Gross]640,100.36682,013.40
Revenue From Operations [Net]588,510.47629,510.14
Total Operating Revenues591,447.12632,325.97
Total Revenue603,669.06640,400.05
Total Expenses527,568.59589,245.41
Profit/Loss Before Tax74,464.0443,016.70
Profit/Loss For The Period54,704.8132,743.55
IndicatorMar 24Mar 23
Net CashFlow - Operating Activity99,262.6984,211.33
Net Cash Used In Investing Activity-57,266.82-73,209.00
Net Cash Used in Finance Activity-45,650.29-12,916.35
Net Inc/Dec In Cash And Equivalent-3,591.02-1,503.98
Cash And Equivalent End Of Year-2,365.691,225.34
IndicatorMar 24Mar 23
Total Share Capital6,290.146,290.14
Total Non-Current Liabilities193,824.96181,003.51
Total Current Liabilities151,277.46132,270.18
Total Capital And Liabilities710,192.97614,528.73
Total Non-Current Assets576,851.94500,378.20
Total Current Assets133,341.03114,150.53
Total Assets710,192.97614,528.73
Indicator20242023
EBIT Margin (%)14.599.33
Return On Capital Employed (%)15.4312.24
Return On Equity (%)14.6012.62
Long Term Debt To Equity (%)23.1235.04
Book Value/Share (INR)290.21239.47

Oil And Natural Gas Corporation Technicals

EMA & SMA

Current Price
₹267.40
+ 2.1 (0.79%)
pointer
  • stock-down_img
  • Bullish Moving Average 3
  • stock-up_img
  • Bearish Moving Average 13
  • 20 Day
  • ₹274.25
  • 50 Day
  • ₹286.37
  • 100 Day
  • ₹289.22
  • 200 Day
  • ₹275.04

Resistance and Support

266.53 Pivot Speed
  • R3 274.47
  • R2 271.53
  • R1 269.47
  • S1 264.47
  • S2 261.53
  • S3 259.47

Is Oil And Natural Gas Corporation Worth Buying?

You can only vote for once

Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Oil & Natural Gas Corporation Ltd. (ONGC) is India’s largest oil and gas exploration and production company. It operates across exploration, refining, and distribution, supplying crude oil, natural gas, and petroleum products domestically and internationally. Oil & Natural Gas has an operating revenue of Rs. 645,790.17 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 13% is healthy, ROE of 14% is good. The company has a reasonable debt to equity of 23%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 60 which is a FAIR score but needs to improve its earnings, a RS Rating of 34 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 103 indicates it belongs to a poor industry group of Oil&Gas-Intl Expl&Prod and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Oil And Natural Gas Corporation Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-11-11 Quarterly Results
2024-08-05 Quarterly Results
2024-05-20 Audited Results & Final Dividend
2024-02-13 Quarterly Results & Interim Dividend
2024-02-10 Quarterly Results & Interim Dividend
Date Purpose Remarks
2024-08-23 FINAL Rs.2.50 per share(50%)Final Dividend
2024-02-17 INTERIM Rs.4.00 per share(80%)Interim Dividend (Revised)
2023-11-21 INTERIM Rs.5.75 per share(115%)Interim Dividend
2023-08-18 FINAL Rs.0.50 per share(10%)Final Dividend
2023-02-24 INTERIM Rs.4.00 per share(80%)Second Interim Dividend

Oil And Natural Gas Corporation F&O

Oil And Natural Gas Corporation Shareholding Pattern

58.89%
7.31%
10.86%
8.57%
0.04%
3.04%
11.29%

About Oil And Natural Gas Corporation

With almost 75% contribution to the entire Indian domestic production, Maharatna Oil and Natural Gas Corporation Limited, also known as ONGC, is the largest crude oil and natural gas company in India. As of December 31, 2020, the Government of India (GoI) holds a 60.41% stake in ONGC. 
This company is currently headquartered in New Delhi, while its operations are overseen by the Ministry of Petroleum and Natural Gas. ONGC contributes around 71% of the domestic needs of oil and gas. ONGC currently ranks 18th in Natural Gas and Oil operations. The company has been cited as the 'professional home to over 33 thousand employees. Out of 33 thousand plus employees, 6.57 % were females on March 31st, 2017.

Until 1955, major private companies were responsible for carrying out the work associated with exploring oil and natural gases. However, the GoI eventually realised the importance of crude oil and natural gas in India's industrial development and defence. This led to the development and framing of the Industrial Policy Statement in 1948. Eight years later, the GoI adopted the Industrial Policy Resolution of 1956, which aimed at developing the mineral oil industry and the formation of the Oil and Natural Gas Directorate.

In August 1956, the commission borne out of the directorate was converted into a statutory body by the Indian Parliamentary act, thereby improving the commission's powers. The Oil and Natural Gas Commission are thus to promote, organise, and implement necessary actions and programs for the exploration and development of petroleum resources. The commission is also instrumental in performing other activities conducive to transforming India's limited upstream sector. 

Major Milestones

Since its inception, the corporation has been involved in various acquisitions and shareholdings. Some of the recent developments in ONGC in the last two decades are:

1. 2003 - ONGC Videsh Limited or OVL was set up. This division is responsible for looking after ONGC's foreign assets. The OVL has acquired a 25% stake in Talisman Energy in the Great Nile Oil project.
2. 2006 - To mark the 50th anniversary of the ONGC, a commemorative coin set was issued. After the State Bank of India, ONGC is the second Indian company to have a coin set issued in its honour.
3. 2012 - ONGC acquired an 8.4% stake in ConocoPhillips of Kazakhstan for around USD 5 billion, making this the largest acquisition of ONGC.
4. 2014 - ONGC acquired a 10% stake in Videocon Group I, a Mozambican gas field.
5. 2015 - ONGC agreed to give USD 247 million offshore contract to Larsen & Turbo (L&T) for the Bassein development project.
6. 2016 - To facilitate the drilling and to create surface facilities to produce natural gas from Tripura's field, ONGC approved a direct investment of around 5,000 crore INR in February 2016
7. 2016 - Signed agreement to acquire 15% shareholding interest with Vankor- Russia's second-largest field by production for oil and natural gas.
8. 2017- ONGC acquired Hindustan Petroleum Corporation on July 19, 2017, as per the approval from the GoI.
9. 2020 - GoI currently holds a 60.41% stake in ONGC.
10. FY 2020 - ONGC spent more than 3 Lakh million INR towards multiple CAPEX initiatives.
11. 2022 - ONGC is the only public sector Indian company that has been featured in Fortune's most admired energy companies list.

Subsidiaries of ONGC

ONGC owns various subsidiaries overseas, including its involvement in 39 projects in 18 countries. The major countries where ONGC subsidiaries function includes Bangladesh, Sudan, Venezuela, Namibia, Brazil, Bangladesh, Kazakhstan, Myanmar, Russia, New Zealand, Vietnam, etc.

National and International Recognitions

As the largest oil and natural gas Indian company, ONGC has won various accolades in the recent decade. Some of the significant honors and recognitions that ONGC has in its kitty include

1. 2013: Top employer in the Energy Sector in India by Randstad Awards
2. 2014: winner of Golden Peacock Award under the category of corporate social responsibility practices as well as 2013 Peacock Award winner under the category of occupational safety and health
3. 2010: Conferred by the GoI with the 'Maharatna Status' allows ONGC to exercise more freedom in decision-making.
4. 2014: Awarded with the FICCI's Best company promoting sports award in February 2014.
5. 2019: Largest profit-making Public Service undertaking (PSU) in India and 7th largest in the 250 Platt's global energy Companies.

(+)
  • NSE Symbol
  • ONGC
  • BSE Symbol
  • 500312
  • ISIN
  • INE213A01029

Oil And Natural Gas Corporation FAQs

Oil And Natural Gas Corporation share price is ₹267 As on 05 November, 2024 | 19:19

The Market Cap of Oil And Natural Gas Corporation is ₹343160.7 Cr As on 05 November, 2024 | 19:19

The P/E ratio of Oil And Natural Gas Corporation is 7.8 As on 05 November, 2024 | 19:19

The PB ratio of Oil And Natural Gas Corporation is 0.9 As on 05 November, 2024 | 19:19

Oil and Natural Gas Corporation (ONGC) has a reasonable debt to equity of 36%, which signals a healthy balance sheet.

Because of a decline in domestic oil and gas production, Oil and Natural Gas Corporation (ONGC)'s share price has underperformed the benchmark over the last four years. Analyst Recommendation on ONGC is BUY.

ROE of Oil and Natural Gas Corporation (ONGC) is 7% which is fair but needs improvement.

The market capitalization of Oil and Natural Gas Corporation (ONGC) is INR 186,942.97 Cr.

Oil and Natural Gas Corporation (ONGC) is a crude oil and natural gas corporation owned by the Indian government.

You can easily buy ONGC shares from various share companies online. 5paisa is one such company where you can easily buy Happiest mind share with our effortless procedure. You have to create a Demat account and get your account verified online using any KYC listed documents. Likewise, ONGC employees can apply for equity shares worth up to INR 5 Lakh.

Oil and petroleum gas are an ever-rising business. The worth of ONGC can even increase more if privatisation happens. So, for the long term, the future of ONGC shares is relatively safe.

Q2FY23
Open Free Demat Account

Be a part of 5paisa community - The first listed discount broker of India.

+91
 
footer_form