Oil & Natural Gas Corp. Ltd. (IN:ONGC)
:ONGC
Want to see IN:ONGC full AI Analyst Report?
ONGC Stock Chart & Stats
₹241.50
₹7.84(2.98%)
At close: 4:00 PM EST
₹241.50
₹7.84(2.98%)
Day’s Range― - ―
52-Week Range₹228.80 - ₹307.50
Previous CloseN/A
Volume42.23M
Average Volume (3M)572.51K
Market Cap
₹3.33T
Enterprise Value₹4.76T
Total Cash (Recent Filing)₹587.31B
Total Debt (Recent Filing)₹1.76T
Price to Earnings (P/E)8.1
Beta0.70
Next Earnings
Aug 07, 2026EPS Estimate
8.26Next Dividend Ex-DateN/A
Dividend Yield5.21%
Share Statistics
EPS (TTM)29.04
Shares Outstanding12,580,279,000
10 Day Avg. Volume449,677
30 Day Avg. Volume572,506
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)0.96
Price to Sales (P/S)0.54
P/FCF Ratio5.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹326.67Price Target Upside35.27% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)42.88
Revenue Forecast (FY)₹7.91T
Bulls Say, Bears Say
Bulls Say
Revenue And Margin ImprovementA sharp FY2026 revenue increase alongside improved gross and EBITDA margins strengthens cash generation capacity and operational scalability. Sustained higher top-line and margin expansion improves ability to fund capex, distributions, and project development over the medium term.
Robust Free Cash FlowMaterial FCF growth and strong operating cash flow enhance financial flexibility: they allow prioritized debt reduction, consistent dividends, and reinvestment in upstream projects. Durable cash generation supports strategic choices across commodity cycles and funds long-term value creation.
Manageable Leverage And Equity GrowthLower leverage and steady equity growth provide balance-sheet resilience, reducing refinancing and solvency risk in downturns. This supports sustained investment in production and exploration while preserving capacity to withstand commodity volatility and pursue strategic projects.
Bears Say
Earnings VolatilitySignificant swings in net margins reflect exposure to commodity prices, realization and cost variability. Persistent volatility undermines earnings predictability, complicates capital allocation and budgeting, and reduces the reliability of dividend and reinvestment plans over the medium term.
Softening ROEDeclining ROE despite asset and equity growth suggests new investments are delivering lower incremental returns. Persistent ROE compression can signal inefficiencies or weaker project economics, limiting long-term shareholder value creation unless addressed through higher-margin projects or improved capital allocation.
Inconsistent Cash ConversionVariable conversion between accounting earnings and cash flow reduces visibility into free cash availability. Inconsistent cash conversion forces conservatism on dividends and capex during weaker periods, constraining growth pacing and potentially increasing reliance on external financing when cash is weak.
Oil & Natural Gas Corp. Ltd. News
ONGC FAQ
What was Oil & Natural Gas Corp. Ltd.’s price range in the past 12 months?
Oil & Natural Gas Corp. Ltd. lowest stock price was ₹228.80 and its highest was ₹307.50 in the past 12 months.
What is Oil & Natural Gas Corp. Ltd.’s market cap?
Oil & Natural Gas Corp. Ltd.’s market cap is ₹3.33T.
When is Oil & Natural Gas Corp. Ltd.’s upcoming earnings report date?
Oil & Natural Gas Corp. Ltd.’s upcoming earnings report date is Aug 07, 2026 which is in 64 days.
How were Oil & Natural Gas Corp. Ltd.’s earnings last quarter?
Oil & Natural Gas Corp. Ltd. released its earnings results on May 26, 2026. The company reported ₹8.6 earnings per share for the quarter, missing the consensus estimate of ₹9.13 by -₹0.53.
Is Oil & Natural Gas Corp. Ltd. overvalued?
According to Wall Street analysts Oil & Natural Gas Corp. Ltd.’s price is currently Undervalued.
Does Oil & Natural Gas Corp. Ltd. pay dividends?
Oil & Natural Gas Corp. Ltd. pays a Quarterly dividend of ₹6 which represents an annual dividend yield of 5.21%. See more information on Oil & Natural Gas Corp. Ltd. dividends here
What is Oil & Natural Gas Corp. Ltd.’s EPS estimate?
Oil & Natural Gas Corp. Ltd.’s EPS estimate is 8.26.
How many shares outstanding does Oil & Natural Gas Corp. Ltd. have?
Oil & Natural Gas Corp. Ltd. has 12,580,279,000 shares outstanding.
What happened to Oil & Natural Gas Corp. Ltd.’s price movement after its last earnings report?
Oil & Natural Gas Corp. Ltd. reported an EPS of ₹8.6 in its last earnings report, missing expectations of ₹9.13. Following the earnings report the stock price went up 0.895%.
Which hedge fund is a major shareholder of Oil & Natural Gas Corp. Ltd.?
Currently, no hedge funds are holding shares in IN:ONGC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Oil & Natural Gas Corp. Ltd.
Oil and Natural Gas Corporation Limited explores for, develops, and produces crude oil and natural gas in India and internationally. It operates through two segments, Exploration and Production, and Refining & Marketing. The company also engages in the refining and marketing of petroleum products; transportation of oil and natural gas; and production of liquefied petroleum gas, butane, ethane/propane, naphtha, kerosene oil, low sulphur heavy stock, aviation turbine fuel, mineral turpentine oil, carbon credits, and diesel. In addition, it generates electric power through 726.6 megawatts (MW) gas-based power project in Tripura; a 51 MW wind power project in Bhuj, Gujarat; and a 102 MW wind power project in Jaisalmer, Rajasthan, as well as generates solar power through a total installed capacity of 31.3 MW. The company was incorporated in 1993 and is based in New Delhi, India.
ONGC Stock 12 Month Forecast
Average Price Target
₹326.67
▲(35.27% Upside)
Technical Analysis
Bharat Petroleum Corporation Limited
―
GAIL (India) Limited
―
Indian Oil Corp. Ltd.
―
Oil India Limited
―
Reliance Industries Limited
―