🔔 Earnings Alert
ONGC reports a 19% YoY decline in Q3 net profit; announces interim dividend of Rs 5 per share with record date set for February 7, 2025.
ONGC Analyst Rating
based on 29 analysts
65.52%
Buy
20.69%
Hold
13.79%
Sell
Based on 29 analysts offering long term price targets for ONGC. An average target of ₹313.28
Source: S&P Global Market Intelligence
ONGC Share analysis
ONGC price forecast by 29 analysts
Upside of19.29%
High
₹430
Target
₹313.28
Low
₹215
ONGC target price ₹313.28, a slight upside of 19.29% compared to current price of ₹257.55. According to 29 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
ONGC revenue growth forecast
Expected growth rate Q1, FY2027:12.12%
Forecast
Actual
Including amortisation and stock based compensations
ONGC EPS growth forecast
EPS estimate Q1, FY2027:15.97%
Forecast
Actual
Source: S&P Global Market Intelligence
ONGC Performance
Day's Low
Day's High
₹253.75Day's Price Range₹262.552 Week's Low
52 Week's High
₹22352-Week Price Range₹345
| Returns % | |
| 1 Month Return | + 10.83 % |
| 3 Month Return | -3.36 % |
| 1 Year Return | + 6.04 % |
| Market Stats | |
| Previous Close | ₹262.61 |
| Open | ₹259.55 |
| Volume | 1.09Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹3,30,370.71Cr |
ONGC Key Statistics
| P/E Ratio | 8.47 |
| PEG Ratio | -2.35 |
| Market Cap | ₹3,30,370.71 Cr |
| P/B Ratio | 1.1 |
| EPS | 45.39 |
| Dividend Yield | 0 |
| Sector | Crude Oil & Natural Gas |
| ROE | 14.32 |
ONGC Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹3,30,370.71 Cr | 30.33% | 0.61 | ₹57,100 Cr | ₹5,91,447 Cr | |
| BUY | ₹17,11,980.02 Cr | 20.68% | 0.65 | ₹79,020 Cr | ₹9,01,064 Cr | |
| BUY | ₹68,390.72 Cr | 81.59% | 0.61 | ₹6,980 Cr | ₹32,466 Cr | |
| ₹22,696.15 Cr | 38.53% | 0.75 | ₹3,597 Cr | ₹90,406 Cr | ||
| HOLD | ₹24,585.80 Cr | 44.77% | 0.57 | ₹672 Cr | ₹7,045 Cr |
ONGC Mutual Fund Holdings
About ONGC
ONGC has several subsidiaries, including ONGC Videsh, which focuses on international oil and gas exploration and production, and Mangalore Refinery and Petrochemicals Limited (MRPL), which is involved in refining activities. The company operates in over 20 countries, including Brazil, Mozambique, Russia, and Vietnam, expanding its global footprint in the energy sector. A notable fact about ONGC is that it contributes around 70% of India’s domestic oil production and about 84% of its natural gas output. As a government-owned enterprise under the Ministry of Petroleum and Natural Gas, ONGC plays a critical role in ensuring India’s energy security and sustainability.
Share Price: ₹257.55 per share as on 01 Feb, 2025 04:01 PM
Market Capitalisation: ₹3,30,370.71Cr as of today
Revenue: ₹1,66,096.68Cr as on December 2024 (Q4 24)
Net Profit: ₹9,783.64Cr as on December 2024 (Q4 24)
Listing date: 19 Jul, 1995
Chairperson Name: ARUN KUMAR SINGH
| Organisation | ONGC |
| Headquarters | Dehradun |
| Industry | Crude Oil & Natural Gas |
| E-voting on shares | Click here to vote |
What's happening today
Today's Timeline - Invalid Date
09:17 AM
-ONGC shares fall 3% after reporting 19% YoY decline in Q3 net profit to Rs 8,622 crore.
Key events for Oil & Natural Gas Corpn Ltd
ONGC Reports Q3 Profit Decline and Dividend Announcement - 31 Jan, 2025
ONGC's Q3 results show a significant profit decline due to lower oil prices, with net profit dropping up to 19.4%. The company declared a second interim dividend of ₹5 per share, maintaining production growth in crude oil and natural gas.ONGC Q3 Preview: Expected Revenue and Profit Decline - 29 Jan, 2025
ONGC is anticipated to report a 16% YoY decline in net profit to Rs 8,997.8 crore and a 10% YoY drop in revenue for Q3, attributed to lower oil realizations and a weaker rupee. The results will be announced on January 31.ONGC Faces Stock Decline Amid Oil Discovery Efforts - 27 Jan, 2025
ONGC has initiated excavation for potential oil reserves in Ballia, Uttar Pradesh, while its stock has declined for five consecutive sessions, currently down 1.34%.ONGC Earnings Release Week Approaches - 26 Jan, 2025
The upcoming week will see ONGC and other major companies announcing their earnings, with significant market attention expected during this earnings season.ONGC Faces GST Demand Amid Buy Recommendation - 22 Jan, 2025
ONGC is recommended for purchase with a target price of Rs 280. However, the company faces a GST demand and penalty notice of Rs 6.72 crore for past liabilities.Kotak Upgrades ONGC to 'Buy' with Target Price Increase - 20 Jan, 2025
Kotak Institutional Equities has upgraded ONGC to 'Buy' with a target price of ₹315, reflecting an 18.4% upside from the current price. Positive factors include recent policy developments, rising oil prices, and a weaker INR, which are expected to enhance ONGC's near-term production growth and long-term prospects.Analysts Recommend Buying ONGC Shares - 16 Jan, 2025
Market analysts have recommended buying shares of ONGC, which is currently trading near Rs 265.63, with Fibonacci support levels indicating potential buying opportunities.ONGC Stock Shows Recovery After Correction - 15 Jan, 2025
ONGC shares have experienced reduced selling pressure following a significant correction. Analysts suggest potential targets of ₹280/290, supported by favorable market conditions.ONGC Faces Mixed Signals Amid Market Conditions - 14 Jan, 2025
ONGC and Oil India are expected to report strong results due to favorable market conditions. However, ONGC's stock fell due to concerns over investments in Russian assets, particularly in light of sanctions affecting export-oriented fields like Sakhalin.ONGC Seeks Vendors for Offshore Vessel Procurement - 12 Jan, 2025
ONGC is initiating a process to empanel vendors for hiring offshore vessels, aiming to expedite procurement tenders. This move will allow only empanelled bidders to participate in limited tenders for charter hiring.ONGC Advances Renewable Energy and Recruitment Efforts - 11 Jan, 2025
ONGC anticipates a $10.3 billion revenue increase from production partnerships, announces recruitment for 108 roles, and collaborates with BHEL on green hydrogen technologies.ONGC Signs MoU and Sees Stock Surge - 10 Jan, 2025
ONGC has signed an MoU with BHEL for renewable energy projects. The stock rose 1.09% due to positive developments, including a partnership with BP, prompting a target price increase by Antique to Rs 366.ONGC Gains Momentum with BP Partnership and CLSA Upgrade - 08 Jan, 2025
ONGC's stock is buoyed by CLSA's upgrade to High Conviction Overweight-PF with a target of Rs 360. BP's appointment as a technical service provider aims to enhance production from the Mumbai High field, promising a potential 60% increase in output.ONGC Shares Surge After CLSA Upgrade and Target Price Hike - 07 Jan, 2025
ONGC shares experienced significant gains following CLSA's upgrade to 'high conviction outperform' with a target price of ₹360, citing production growth and attractive dividend yield. The stock's positive outlook is supported by anticipated increases in oil and gas output and the removal of the windfall tax, presenting a strong buying opportunity for investors.ONGC Contracts and Market Performance Insights - 06 Jan, 2025
ONGC's stock shows mixed signals with bullish technical indicators and strong returns, despite profit concerns due to stagnant production and lower crude prices. A significant contract was awarded to Deep Industries, enhancing operational prospects.Strong Bullish Momentum for ONGC Stocks - 05 Jan, 2025
Oil & Natural Gas Corporation Ltd stocks have experienced strong bullish momentum in the last two trading sessions, with robust volume and movement above short-term moving averages, indicating positive market sentiment.ONGC Faces Production Challenges Amid Output Decline - 04 Jan, 2025
ONGC is grappling with declining natural output from mature fields, necessitating technology investments. Production growth is projected to be low in FY26, driven by offshore field enhancements.ONGC Shares Surge on Positive Broker Ratings - 03 Jan, 2025
ONGC shares experienced significant gains following a reaffirmed buy rating from Jefferies, driven by rising Brent crude prices and anticipated production growth in the KG basin. Despite historical production misses, analysts remain optimistic about the company's prospects. Additionally, the government has directed ONGC to divert natural gas to city gas distributors.
Insights on Oil & Natural Gas Corpn Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 1 month, ONGC stock has moved up by 10.8%
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.62L Cr → 1.68L Cr (in ₹), with an average increase of 3.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.94% to 8.37% in Dec 2024 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 3.65% to 3.87% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, Selan Explorations Technology Ltd has given 366.8% return, outperforming this stock by 313.2%
- NO EFFECT
Against Peers
In the last 1 year, Oil India Ltd has given 44.5% return, outperforming this stock by 38.5%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 58.89% of holdings in Dec 2024 quarter
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 8.12% to 7.53% in Dec 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 10.27K Cr → 8.62K Cr (in ₹), with an average decrease of 16.1% per quarter
News
IndusInd Bank Ltd Soars for Fifth Straight Session on February 1, 2025
IndusInd Bank Ltd soars 1.2%, rises for fifth straight session. IndusInd Bank Ltd is quoting at Rs 1003.1, up 1.2% on the day as on 12:44 IST on the NSE. The stock is down 34.6% in last one year as compared to a 7.16% spurt in NIFTY and a 7.16% spurt in the Nifty Bank. IndusInd Bank Ltd gained for a fifth straight session today. The stock is quoting at Rs 1003.1, up 1.2% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.38% on the day, quoting at 23418.45. The Sensex is at 77232.01, down 0.35%. IndusInd Bank Ltd has risen around 1.19% in last one month. Meanwhile, Nifty Bank index of which IndusInd Bank Ltd is a constituent, has risen around 4.54% in last one month and is currently quoting at 49587.2, down 0.65% on the day. The volume in the stock stood at 45.51 lakh shares today, compared to the daily average of 42.42 lakh shares in last one month. The benchmark February futures contract for the stock is quoting at Rs 1013, up 1.5% on the day. IndusInd Bank Ltd is down 34.6% in last one year as compared to a 7.16% spurt in NIFTY and a 7.16% spurt in the Nifty Bank index. The PE of the stock is 9.52 based on TTM earnings ending September 24.01 Feb, 2025 01:00 PMMarket Holds Upward Bias Ahead of Budget Announcement
The stock has given a good breakout above its trendline resistance zone of 987 - 990 and successfully managing to hold well above the same. With the price structure being positive and stock looking ready for an upside move towards 1040 and above, we advice a buy on Indusind Bank with a strict stoploss of 980 for potential upside move in the same.01 Feb, 2025 12:34 PMIndusInd Bank Share Price Rises 3% on Budget Day After Weak Q3 Results
IndusInd Bank share price rises 3% on Budget Day, day after weak Q3 results. IndusInd Bank share gained 3 per cent in the intraday trade to hit a high of Rs 1,022.9 per share on the BSE, a day after the lender reported its October-December (Q3) quarter results for FY25. The rise in IndusInd Bank share price, meanwhile, came despite a sharp earnings cut by analysts post the lenders weak Q3 results. Analysts at Nuvama Institutional Equities, for instance, have cut revenue estimates by 4.1 per cent for the current financial year (FY25) and 7.6 per cent for FY26. They have also reduced their pre-provision operating profit (PPoP) estimates for FY25 and FY26 by 6.9 per cent and 13.8 per cent, respectively, while slashing net profit estimates by 21.9 per cent and 27.4 per cent for the respective years. Highlighting IndusInd Banks weak Q3 results, Nuvama Equities said the bank reported a weak Q3FY25 with a miss on net interest income (NII) and core PPOP. Core PPOP decreased sharply by 11 per cent year-on-year (Y-o-Y) and 5 per cent quarter-on-quarter (Q-o-Q) to Rs 3,601 crore, with net interest margin (NIM) contracting by 15bps Q-o-Q to 3.93 per cent due to repricing of EBLR-based corporate loans and dip in microfinance (MFI) loans. Overall, IndusInd Banks Q3 loans grew 12 per cent Y-o-Y and 3 per cent Q-o-Q with consumer loans rising 3 per cent Q-o-Q, corporate growing 2 per cent Q-o-Q and MFI holding flat. MFI disbursals grew 30 per cent Q-o-Q versus a decline for peers. Deposits, on the other hand, decreased 1 per cent Q-o-Q because the bank shed LCR-unfriendly deposits. NII declined 1 per cent Y-o-Y and 2 per cent Q-o-Q to Rs 5,228 crore, missing consensus. It reported a net profit of Rs 1,401.28 crore in Q3 FY25, down 39 per cent Y-o-Y. On the asset quality front, IndusInd Banks slippages from MFI segment surged 74 per cent Q-o-Q to 7.8 per cent from 4.6 per cent Q-o-Q. MFI segments gross non-performing assets (GNPAs), including write-offs, shot up 19 per cent Q-o-Q versus the reported 10 per cent. Further, there was a sharp rise in tractor and small commercial vehicles (CV) NPAs while NPLAs in cards also inched up. Corporate slippage was also high, rising from Rs 1.2 billion to Rs 2.8 billion driven by the slippage of a restructured real estate account. Gross credit cost jumped to 2.11 per cent from 1.45 per cent Q-o-Q, but net credit cost was lower as the lender used Rs 200 crore of contingency provision. The 30+ DPD in MFI remained high at 4 per cent versus 4.1 per cent Q-o-Q, implying higher slippage even for Q4FY25. With growth, margin and NPA outlook uncertain, we maintain HOLD rating on IndusInd Bank stock. We are cutting EPS by 22 per cent/27 per cent for FY25E/26E, and TP to Rs 1,115 from Rs 1,290, Nuvama Institutional Equities said. On its part, the management stated that any measures in the Union Budget, to be tabled today, supporting rural as well as overall economic activity could aid growth in MFI and CV business. Given this, it has reiterated the guidance on maintaining loan-deposit ratio (LDR) between 88 per cent to 90 per cent. The focus of the management, going ahead, will be on diversifying the MFI book. The aim is to moderate the share of MFI to 8-10 per cent of the overall loan book, down from the earlier range of 15 per cent, it said. Further, the management believes growth in the JLG segment at an industry level is expected to be in the range of 10-15 per cent. However, this growth will primarily come from newer and unpenetrated geographies. The bank is set to launch Bharat Vikas Banking in April 2025, focusing on the merchant acquiring business. Given this, analysts at Emkay Global Financial Services have retained their Buy rating on the stock, though with a reduced target price of Rs 1,400 from Rs 1,500, given the cheap valuations for a bank that is capable to deliver healthy RoAs, once MFI stress eases and thus offers better risk-reward. Also, IndusInd Bank given its higher fix rate asset book, will be better positioned to protect margins once rate cut cycle begins, it noted. Nonetheless, the brokerage has cut their earnings estimates by 7-9 per cent and expect return on asset (RoA) around 1.2 per cent in FY25E, which is expected to gradually improve to 1.6 per cent by FY27E as growth, margin and LLP normalises. The managing directors (MDs) term extension, rate cut, and MFI relief will be near-term monitorables, the brokerage added.01 Feb, 2025 10:32 AMONGC Financials
Index Inclusions
ONGC Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 58.89% | 0.00 | |
| Foreign Institutions | 7.53% | ||
| Mutual Funds | 8.37% | 5.51 | |
| Retail Investors | 3.87% | 5.98 | |
| Others | 21.33% |
ONGC Key Indicators
ONGC Valuation
ONGC in the last 5 years
Lowest (2.96x)
July 6, 2022
Industry (8.35x)
January 31, 2025
Today (8.47x)
January 31, 2025
Highest (297.63x)
February 25, 2021
ONGC Earnings and Dividends
Oil & Natural Gas Corpn Ltd Earnings Results
Oil & Natural Gas Corpn Ltd’s net profit fell -19.45% since last year same period to ₹8,621.69Cr in the Q3 2024-2025. On a quarterly growth basis, Oil & Natural Gas Corpn Ltd has generated -16.07% fall in its net profits since last 3-months.
Read More about Earnings ResultsOil & Natural Gas Corpn Ltd Dividends November,2024
In the quarter ending September 2024, Oil & Natural Gas Corpn Ltd has declared dividend of ₹6 - translating a dividend yield of 4.85%.
Read More about Dividends
ONGC Technicals Summary
Bearish
Neutral
Bullish
Oil & Natural Gas Corpn Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Oil & Natural Gas Corpn Ltd
What is Oil & Natural Gas Corpn Ltd price today?
Oil & Natural Gas Corpn Ltd share price today stands at ₹257.55, Open: ₹259.55, Previous Close: ₹262.61, High: ₹262.5, Low: ₹253.75, 52 Week High: ₹345, 52 Week Low: ₹223.
How to Buy Oil & Natural Gas Corpn Ltd Share in India?
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Is Oil & Natural Gas Corpn Ltd listed on NSE?
Oil & Natural Gas Corpn Ltd is listed on NSE
Is Oil & Natural Gas Corpn Ltd listed on BSE?
Oil & Natural Gas Corpn Ltd is listed on BSE
What are today's High and Low prices of Oil & Natural Gas Corpn Ltd?
- Today's highest price of Oil & Natural Gas Corpn Ltd is ₹262.5.
- Today's lowest price of Oil & Natural Gas Corpn Ltd is ₹253.75.
What are today's traded volumes of Oil & Natural Gas Corpn Ltd?
Today's traded volume of Oil & Natural Gas Corpn Ltd(ONGC) is 1.09Cr.
What is today's market capitalisation of Oil & Natural Gas Corpn Ltd?
Today's market capitalisation of Oil & Natural Gas Corpn Ltd(ONGC) is ₹330370.71Cr.
What is the 52 Week High and Low Range of Oil & Natural Gas Corpn Ltd?
How much percentage Oil & Natural Gas Corpn Ltd is down from its 52 Week High?
Oil & Natural Gas Corpn Ltd (ONGC) share price is ₹257.55. It is down -25.35% from its 52 Week High price of ₹345
How much percentage Oil & Natural Gas Corpn Ltd is up from its 52 Week low?
Oil & Natural Gas Corpn Ltd (ONGC) share price is ₹257.55. It is up 15.49% from its 52 Week Low price of ₹223
What are the historical returns of Oil & Natural Gas Corpn Ltd?
What is the PE ratio of Oil & Natural Gas Corpn Ltd today?
PE Ratio of Oil & Natural Gas Corpn Ltd is 8.47
PE ratio = Oil & Natural Gas Corpn Ltd Market price per share / Oil & Natural Gas Corpn Ltd Earnings per share