ONGC Share Price
ONGC
ONGC Share Price Chart
About ONGC
ONGC Financials
Market cap ₹3,11,991 Crs | Open ₹248.00 | Close ₹248.00 |
Circuit range ₹272.80 - ₹223.20 | Day range ₹240.80 - ₹248.00 | Year range ₹188.15 - ₹345.00 |
Volume 1,61,89,440 | Avg. traded ₹243.24 | Revenue (12m) ₹6,45,790 Crs |
The Oil and Natural Gas Corporation Limited (ONGC) is the largest crude oil and natural gas company in India.
Headquartered in New Delhi, the company was incorporated as a government-owned entity in August 1956. Over the years, ONGC has evolved into one of the largest oil and gas explorers in the world. The public sector undertaking of the Ministry of Petroleum and Natural Gas produces approximately 70% of India's crude oil and around 84% of natural gas.
Recognising its significance, the Government accorded ONGC the Maharatna status in November 2010. The government has a 58.89% stake in the company (as of September 30, 2023).
As of December 14, 2023, ONGC’s market capitalisation stood at ₹2.52 lakh crore. ONGC share price has more than doubled in the last three years.
ONGC business operations
ONGC is primarily engaged in exploration and production of crude oil, natural gas and LPG. The company also produces various value-added petroleum products like NGL, C2-C3, aromatic-rich naphtha and kerosene.
The company operates through two subsidiaries, ONGC Videsh Limited (OVL) and Mangalore Refinery & Petrochemicals Limited (MRPL), along with 10 joint ventures and associates.
ONGC is India’s sole fully integrated oil and gas company, overseeing the complete hydrocarbon value chain. Responsible for discovering seven of the eight oil and gas-producing basins in India, this energy giant has identified 8.98 billion tonnes of in-place hydrocarbon reserves. With a portfolio of more than 570 oil and gas discoveries, ONGC holds reserves of 3.13 billion metric tonnes (BMT) of oil-plus-oil equivalent gas (O+OEG) from domestic sites.
Its cumulative production includes 1,042 million metric tonnes (MMT) of crude oil and 715 billion cubic metres (BCM) of natural gas. Contributing approximately 71% to India's domestic production, ONGC generates over 1.26 million barrels of oil equivalent per day.
Maintaining the largest share of hydrocarbon acreages in India, ONGC owns and operates about 15% of the country's total refining capacity. The PSU also holds a 12.5% stake in Petronet LNG. Some of the most notable ONGC subsidiaries are Hindustan Petroleum, Imperial Energy Corporation and Petronet LNG.
ONGC’s oil production stood at 16.88 million tonnes between April and February of the fiscal year 2022-23. ONGC has announced plans to invest significantly in exploring deepwater and ultra-deepwater areas in the current fiscal.
In FY23, ONGC’s standalone crude oil production reached 19.584 million metric tonnes (MMT), while standalone gas production amounted to 20.628 billion cubic metres (BCM). In FY22, the figure was 19.545 MMT of crude oil and 20.907 BCM of gas. ONGC’s total oil and gas production, including joint ventures, amounted to 42.836 million metric tonnes of oil equivalent (MMTOE), slightly lower than the previous fiscal year's 43.387 MMTOE.
Financial highlights
Consolidated revenue of the company in FY 2022-23 stood at ₹6,32,325 crore, up 28.7% year-on-year compared to ₹4,91,269 crore in FY22. The PSU reported a profit of ₹32,743 crore in FY23 as against ₹47,830 crore in FY22. Total income of ONGC stood at ₹6,40,400 crore in FY23 compared to ₹4,98,707 crore in preceding fiscal. The company made a total capital expenditure of ₹4,355 crore in FY23. Its earnings per share (EPS) decreased to ₹28.17 in FY23 from ₹36.19 in the last financial year.
Ongc Key indicators
52 week high ₹345.00 | 52 week low ₹188.15 | P/E ratio 6.93 |
P/B ratio 0.9 | ROE 14.32% | ROCE 19.71% |
Dividend yield 4.85% | Debt/Equity ratio 0.02 | EPS 32.21 |
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Analyst ratings:
Analyst ratings:
65%
Hold
16%
Sell
19%
This analysis is based on the reviews of 26 experts in the last 7 days
Brands by ONGC
ONGC Fundamentals
ONGC Financial Ratios
Operating profit margin56.06% | Net profit margin29.28% |
ROE14.32% | ROA9.93% |
ROCE19.71% |
Quick ratio1.32 | Current ratio1.58 |
Interest coverage13.99 | Asset turnover0.34 |
Debt to Equity0.02 |
P/E ratio6.93 | P/B ratio0.9 |
EV / EBITDA4.03 | |
Dividend yield4.85% |
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Revenue statement
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Cash flow
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Balance sheet
All values are in ₹ Crores (Cr)Total assets
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Ongc Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Tue, Nov 19 2024 | ₹250.00 | ₹248.00 | -1.06% |
Mon, Nov 18 2024 | ₹251.10 | ₹250.65 | -0.06% |
Thu, Nov 14 2024 | ₹252.55 | ₹250.80 | -0.69% |
Wed, Nov 13 2024 | ₹256.15 | ₹252.55 | -1.41% |
Tue, Nov 12 2024 | ₹260.85 | ₹256.15 | -0.29% |
Mon, Nov 11 2024 | ₹262.35 | ₹256.90 | -2.15% |
Fri, Nov 8 2024 | ₹265.95 | ₹262.55 | -1.00% |
Thu, Nov 7 2024 | ₹270.50 | ₹265.20 | -1.43% |
Events
Corporate actions
Dividend • ₹6/share
Ex date 20 Nov 2024
Dividend • ₹2.5/share
Ex date 23 Aug 2024
Dividend • ₹4/share
Ex date 16 Feb 2024
Dividend • ₹5.75/share
Ex date 21 Nov 2023
Dividend • ₹0.5/share
Ex date 18 Aug 2023
Dividend • ₹4/share
Ex date 24 Feb 2023
Dividend • ₹6.75/share
Ex date 21 Nov 2022
Dividend • ₹3.25/share
Ex date 18 Aug 2022
Dividend • ₹1.75/share
Ex date 21 Feb 2022
Dividend • ₹5.5/share
Ex date 22 Nov 2021
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