ONGC

OIL AND NATURAL GAS CORPORATION

Large Cap BSE: 500312 NSE: ONGC
₹139.2
6.4 (4.82%)
As on 13 August, 2022 | 23:20

Oil And Natural Gas Corporation Share Price

Oil And Natural Gas Corporation Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Oil And Natural Gas Corporation Share Returns

  • Over 1 Month 12.17%
  • Over 3 Month -11.05%
  • Over 6 Month -17.22%
  • Over 1 Year 19.74%

Oil And Natural Gas Corporation Key Statistics

P/E Ratio 3.4
PEG Ratio 0
Market Cap Cr 178,639
Price to Book Ratio 0.6
EPS 32
Dividend 6.5
Relative Strength Index 57.05
Money Flow Index 56.74
MACD Signal -0.71
Average True Range 4.75

Oil And Natural Gas Corporation Investment Rating

  • Master Rating:
  • Oil & Natural Gas has an operating revenue of Rs. 606,529.28 Cr. on a trailing 12-month basis. An annual revenue growth of 59% is outstanding, Pre-tax margin of 11% is healthy, ROE of 17% is exceptional. The company has a reasonable debt to equity of 34%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 35 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 145 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 is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Oil And Natural Gas Corporation Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 42,321
  • 34,497
  • 28,473
  • 24,354
  • 23,022
  • 21,189
  • Operating Expenses Qtr Cr
  • 17,590
  • 18,448
  • 13,622
  • 11,826
  • 12,020
  • 13,040
  • Operating Profit Qtr Cr
  • 24,731
  • 16,049
  • 14,851
  • 12,528
  • 11,002
  • 8,149
  • Depreciation Qtr Cr
  • 4,510
  • 5,099
  • 4,338
  • 3,943
  • 4,166
  • 4,399
  • Interest Qtr Cr
  • 636
  • 580
  • 582
  • 579
  • 620
  • 569
  • Tax Qtr Cr
  • 5,137
  • 2,855
  • 2,659
  • -7,195
  • 2,415
  • 2,194
  • Net Profit Qtr Cr
  • 15,206
  • 8,860
  • 8,764
  • 18,348
  • 4,335
  • 6,734

Oil And Natural Gas Corporation Technicals

EMA & SMA

Current Price
139.2
6.4 (4.82%)
  • Bullish Moving Average
  • ___
  • 11
  • Bearish Moving Average
  • ___
  • 5
  • 20 Day
  • 134.24
  • 50 Day
  • 138.38
  • 100 Day
  • 145.02
  • 200 Day
  • 154.13
  • 20 Day
  • 132.96
  • 50 Day
  • 138.02
  • 100 Day
  • 151.08
  • 200 Day
  • 154.17

Oil And Natural Gas Corporation Resistance and Support

PIVOT
₹133.62
Resistance
  • First Resistance
  • 135.19
  • Second Resistance
  • 137.57
  • Third Resistance
  • 139.14
Support
  • First Resistance
  • 131.24
  • Second Resistance
  • 129.67
  • Third Resistance
  • 127.29
  • RSI
  • 57.05
  • MFI
  • 56.74
  • MACD Single Line
  • -0.71
  • MACD
  • 0.26

Oil And Natural Gas Corporation Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 42,375,146
  • 1,240,320,523
  • 29.27
  • Week
  • 22,942,142
  • 910,573,596
  • 39.69
  • 1 Month
  • 26,957,387
  • 991,492,696
  • 36.78
  • 6 Month
  • 31,244,967
  • 1,128,568,210
  • 36.12

Oil And Natural Gas Corporation Result Highlights

Oil And Natural Gas Corporation Synopsis

NSE-Oil&Gas-Intl Expl&Prod

Ongc is involved in the business activities of Support activities for petroleum and natural gas mining. Company’s Total Operating Revenue is Rs. 110318.87 Cr. and Equity Capital is Rs. 6290.14 Cr. for the Year ended 31/03/2022. 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.
  • Market Cap
  • 175,117
  • Sales
  • 129,644
  • Shares in Float
  • 515.79
  • No of funds
  • 834
  • Yield
  • 7.54
  • Book Value
  • 0.74
  • U/D Vol ratio
  • 1.3
  • LTDebt / Equity
  • 3
  • Alpha
  • 0.09
  • Beta
  • 0.59

Oil And Natural Gas Corporation

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 58.89%
  • 58.91%
  • 60.41%
  • Mutual Funds
  • 7.13%
  • 6%
  • 6.19%
  • Insurance Companies
  • 10.41%
  • 10.34%
  • 10.96%
  • Foreign Portfolio Investors
  • 9.97%
  • 9.91%
  • 8.87%
  • Financial Institutions/ Banks
  • 0.01%
  • 0.01%
  • 0.01%
  • Individual Investors
  • 2.55%
  • 2.48%
  • 2.62%
  • Others
  • 11.04%
  • 12.35%
  • 10.94%

Oil And Natural Gas Corporation Management

  • Name
  • Designation
  • Mr. Subhash Kumar
  • Director - Finance
  • Dr. Alka Mittal
  • Director - Human Resources
  • Mr. Rajesh Kumar Srivastava
  • Director
  • Mr. Om Prakash Singh
  • Director
  • Mr. Anurag Sharma
  • Director
  • Mr. Amitava Bhattacharyya
  • Independent Director
  • Mr. Rajesh Madanlal Aggarwal
  • Government Nominee Director
  • Mr. Amar Nath
  • Government Nominee Director

Oil And Natural Gas Corporation Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Oil And Natural Gas Corporation Corporate Action

  • Date
  • Purpose
  • Remarks
  • 2022-08-12
  • Quarterly Results
  • (Revised) per share(16%)Final Dividend
  • 2022-05-28
  • Audited Results & Final Dividend
  • 2022-02-11
  • Quarterly Results & 2nd Interim Dividend
  • 2021-11-12
  • Quarterly Results & Interim Dividend
  • 2021-08-13
  • Quarterly Results
  • Date
  • Purpose
  • Remarks
  • 2022-08-19
  • FINAL
  • Rs.3.25 per share(65%)Final Dividend
  • 2022-02-22
  • INTERIM
  • Rs.1.75 per share (35%) Second Interim Dividend
  • 2021-11-23
  • INTERIM
  • Rs.5.50 per share(110%)Interim Dividend
  • 2021-09-10
  • FINAL
  • Rs.1.85 per share(37%)Final Dividend
  • 2021-02-20
  • INTERIM
  • Rs.1.75 per share(35%)Interim Dividend

Oil And Natural Gas Corporation MF Shareholding

  • Name
  • Amount(cr)
  • SBI Nifty 50 ETF
  • 135323
  • HDFC Balanced Advantage Fund Growth
  • 46130
  • ICICI Prudential Balanced Advantage Fund Growth
  • 41742
  • UTI Nifty 50 Exchange Traded Fund
  • 33453
  • ICICI Prudential Bluechip Fund Growth
  • 32525

About Company

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.


ONGC History

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. As of April 7, 2022, the market cap of ONGC lies at INR 2,17,387 crore.

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.

Oil And Natural Gas Corporation FAQs

What is Share Price of Oil And Natural Gas Corporation ?

Oil And Natural Gas Corporation share price is ₹139 As on 13 August, 2022 | 23:06

What is the Market Cap of Oil And Natural Gas Corporation ?

The Market Cap of Oil And Natural Gas Corporation is ₹178638.6 Cr As on 13 August, 2022 | 23:06

What is the P/E ratio of Oil And Natural Gas Corporation ?

The P/E ratio of Oil And Natural Gas Corporation is 3.4 As on 13 August, 2022 | 23:06

What is the PB ratio of Oil And Natural Gas Corporation ?

The PB ratio of Oil And Natural Gas Corporation is 0.6 As on 13 August, 2022 | 23:06

Is Oil and Natural Gas Corporation (ONGC) a debt free company?

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

Is it good to invest in Oil and Natural Gas Corporation (ONGC)?

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.

What is the ROE of Oil and Natural Gas Corporation (ONGC)?

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

What is the market capitalization of Oil and Natural Gas Corporation (ONGC)?

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

Does Oil and Natural Gas Corporation (ONGC) give dividends?

Oil and Natural Gas Corporation (ONGC) has declared an equity dividend of 72%, amounting to INR 3.6 per share, for the fiscal year ending March 2021. This results in a dividend yield of 2.4% at the current share price of INR 148.75. ONGC has a solid dividend track record, having declared dividends on a consistent basis for the last five years.

Who is the owner of Oil and Natural Gas Corporation (ONGC)?

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

How to Buy ONGC Shares?

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.

What is the future for ONGC shares?

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.

Q1FY23