Oil and Natural Gas Corporation Limited

NSEI:ONGC Stock Report

Market Cap: ₹3.0t

Oil and Natural Gas Past Earnings Performance

Past criteria checks 2/6

Oil and Natural Gas has been growing earnings at an average annual rate of 25%, while the Oil and Gas industry saw earnings growing at 25.7% annually. Revenues have been growing at an average rate of 13.5% per year. Oil and Natural Gas's return on equity is 11.4%, and it has net margins of 6.8%.

Key information

25.0%

Earnings growth rate

25.0%

EPS growth rate

Oil and Gas Industry Growth23.5%
Revenue growth rate13.5%
Return on equity11.4%
Net Margin6.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Is Oil and Natural Gas (NSE:ONGC) Using Too Much Debt?

Dec 03
Is Oil and Natural Gas (NSE:ONGC) Using Too Much Debt?

Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Nov 14
Oil and Natural Gas (NSE:ONGC) Will Pay A Larger Dividend Than Last Year At ₹6.00

Lacklustre Performance Is Driving Oil and Natural Gas Corporation Limited's (NSE:ONGC) Low P/E

Nov 11
Lacklustre Performance Is Driving Oil and Natural Gas Corporation Limited's (NSE:ONGC) Low P/E

Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Aug 09
Oil and Natural Gas (NSE:ONGC) Is Due To Pay A Dividend Of ₹2.50

Oil and Natural Gas Corporation Limited (NSE:ONGC) Full-Year Results: Here's What Analysts Are Forecasting For This Year

May 23
Oil and Natural Gas Corporation Limited (NSE:ONGC) Full-Year Results: Here's What Analysts Are Forecasting For This Year

Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall

Apr 09
Oil and Natural Gas' (NSE:ONGC) Returns Have Hit A Wall

Calculating The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Mar 19
Calculating The Fair Value Of Oil and Natural Gas Corporation Limited (NSE:ONGC)

Oil and Natural Gas (NSE:ONGC) Is Doing The Right Things To Multiply Its Share Price

Dec 27
Oil and Natural Gas (NSE:ONGC) Is Doing The Right Things To Multiply Its Share Price

Revenue & Expenses Breakdown

How Oil and Natural Gas makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ONGC Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 246,041,240410,93525,3710
30 Jun 246,457,902445,13494,5010
31 Mar 245,914,471492,21423,5560
31 Dec 235,878,298419,39949,0190
30 Sep 235,914,734430,72551,6210
30 Jun 236,132,558376,37748,3750
31 Mar 236,323,260367,09325,3830
31 Dec 226,361,888422,75330,0780
30 Sep 226,126,491417,17919,7600
30 Jun 225,660,587514,73522,1000
31 Mar 224,913,005455,22121,6060
31 Dec 214,334,476443,76021,9140
30 Sep 213,880,509359,62523,8970
30 Jun 214,062,119221,18085,7080
31 Mar 213,038,922163,04421,5060
31 Dec 203,226,1979,06119,1620
30 Sep 203,317,96932,42017,6260
30 Jun 203,779,51742,55971,0690
31 Mar 203,967,626108,03620,5540
31 Dec 194,007,536214,27039,0590
30 Sep 194,086,160259,06339,6430
30 Jun 194,205,330289,01438,5860
31 Mar 194,216,259305,46026,5560
31 Mar 183,227,058221,05931,7110
31 Mar 172,825,061244,19328,6280
31 Mar 161,240,742128,75223,2740
31 Mar 151,612,117183,33526,0810
31 Mar 141,744,771265,06585,4856,014

Quality Earnings: ONGC has high quality earnings.

Growing Profit Margin: ONGC's current net profit margins (6.8%) are lower than last year (7.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ONGC's earnings have grown significantly by 25% per year over the past 5 years.

Accelerating Growth: ONGC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ONGC had negative earnings growth (-4.6%) over the past year, making it difficult to compare to the Oil and Gas industry average (-0.6%).


Return on Equity

High ROE: ONGC's Return on Equity (11.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 20:42
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Oil and Natural Gas Corporation Limited is covered by 70 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Vivekanand SubbaramanAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited