Oil & Natural Gas Corporation share price
NSE: ONGCBSE: 500312OilLarge Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹228.44.
27 Oct: open ₹227.30, high ₹229.85, low ₹225.74
- Next results date: the board meets on 5 Nov 2026 to consider: financial results and dividend. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹2,89,158 Cr24th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 6.64
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 0.78
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 5.76%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it.
- 12.2%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 10.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.35
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 2,11,72,13382.0% delivered
About Oil & Natural Gas Corporation
Oil & Natural Gas Corporation Limited (ONGC) explores for and produces crude oil and natural gas, and sells them along with value-added products such as LPG and naphtha (a light oil used for petrochemicals).123 It is based in India, and most of its own revenue comes from public sector companies.4 Through subsidiaries, the group refines and markets fuels, makes petrochemicals, produces oil and gas outside India and generates renewable power.15
ONGC reports its own results in Offshore and Onshore segments.6 Its main subsidiaries are ONGC Videsh (100% owned), Hindustan Petroleum Corporation (54.90%), Mangalore Refinery and Petrochemicals (71.63%), ONGC Petro additions (95.69%) and ONGC Green (100%).7 ONGC Videsh holds stakes in 29 oil and gas projects across 14 countries, Hindustan Petroleum and Mangalore Refinery refine crude oil, and ONGC Petro additions runs a petrochemical plant at Dahej.8910 ONGC also holds 12.50% of Petronet LNG, which runs terminals at Dahej and Kochi that receive and regasify liquefied natural gas (LNG, natural gas cooled to a liquid for shipping).11
It was incorporated in 1993 and has its registered office in New Delhi.12 The Government of India is its promoter and contributed its equity between 1959 and 1981.13 It is a Maharatna company, a status the government gives its largest public sector enterprises with more freedom to invest, under the Ministry of Petroleum and Natural Gas.14
Oil & Natural Gas Corporation key points
Results
- In the quarter to Jun 2026, the ONGC group's consolidated profit after tax was ₹6,554 crore, after a ₹12,265 crore net loss at Hindustan Petroleum from under-recoveries (selling fuel below cost) as crude prices rose in the West Asia crisis, the company said.15
- On a standalone basis (ONGC alone), gross revenue in the quarter to Jun 2026 was ₹46,460 crore, up more than 45% on a year earlier, and profit after tax ₹17,034 crore, up more than 112%.16
- In the year to Mar 2026, consolidated revenue from operations was ₹6,62,247 crore and EBITDA (earnings before interest, tax, depreciation and amortisation) ₹1,15,476 crore; profit after tax, the group's total including minority owners' share, rose to ₹49,793 crore from ₹38,329 crore.171819
- On a standalone basis, ONGC's revenue from operations in the year to Mar 2026 was ₹13,25,081 million, against ₹13,78,463 million a year earlier, on lower crude oil prices, and profit after tax ₹3,28,940 million, against ₹3,56,103 million.20
Market position
Production and reserves
- ONGC group oil and gas production, 50.1 million tonnes of oil equivalent (MMToE) in all, including overseas assets23
Item year to Mar 2026 ONGC 38.86 MMToE Joint ventures 1.61 MMToE ONGC Videsh (overseas) 9.67 MMToE - ONGC group's estimated 2P reserves (proved plus probable oil and gas), 1,228 MMToE in all, from its review of the year to Mar 202624
Item year to Mar 2026 ONGC 698 MMToE Joint venture share 11 MMToE ONGC Videsh 519 MMToE - In the quarter to Jun 2026, revenue from ONGC's new-well gas (gas from newly drilled wells) reached nearly ₹4,000 crore, about ₹1,900 crore above the government-administered price. New-well gas made up about 38% of revenue from its nomination gas fields (those the government assigned it).25
Where revenue comes from
- Consolidated revenue by where customers are located26
Item year to Mar 2026 year to Mar 2025 India ₹61,01,835.00 million ₹59,18,484.70 million Other countries, including special economic zones ₹5,20,638.17 million ₹7,14,121.12 million
Plants and capacity
- Hindustan Petroleum runs refineries at Mumbai (9.5 million tonnes a year, MMTPA) and Visakhapatnam (15.0 MMTPA); Mangalore Refinery runs a single 15 MMTPA refinery and an aromatics complex able to make 0.905 MMTPA of para-xylene and 0.273 MMTPA of benzene.27
Expansion and capital spending
- Capital spending across the ONGC group was ₹6,11,308 million in the year to Mar 2026. On a standalone basis, ONGC's own was ₹3,58,784 million.28
- In its presentation of 31 Aug 2026, the company said it plans standalone capital spending of ₹30,000 crore in the year to Mar 2027.29
- In its presentation of 31 Aug 2026, the company said 26 major projects of over ₹100 crore each were under way, worth about ₹57,753 crore, with an envisaged gain of 65.8 MMToE over their lives.30
What the company expects
- The company said on its earnings call for the quarter to Jun 2026 that it expects standalone oil and gas output, excluding joint ventures, of about 39 million tonnes in the year to Mar 2027 and 40 million tonnes the year after.3132
- In its presentation of 31 Aug 2026, the company said it targets 87 deepwater and ultra-deepwater wells by the year to Mar 2031 under Samudra Manthan, the national offshore exploration scheme for which the Government of India has approved ₹84,084 crore.33
- In its presentation of 31 Aug 2026, the company said it aims for 10 GW (gigawatts) of renewable capacity by 2030, from 2.853 GW now, and net zero Scope 1 and 2 emissions (from its operations and the energy it buys) by 2038.34
- In its presentation of 31 Aug 2026, the company said first gas from ONGC Videsh's Area-1 Mozambique LNG project is expected in 2028; force majeure (a halt for events beyond the partners' control) there was lifted from 7 Nov 2025.3536
Recent events
- ONGC Petrochemicals Marketing Limited, owned 50:25:25 by ONGC, Mangalore Refinery and ONGC Petro additions for integrated marketing and trading of petrochemicals, chemicals and kindred products, was incorporated on 7 Oct 2026.37
- On 9 Jul 2026, ONGC's board gave in-principle approval to develop 1.75 million tonnes of strategic petroleum reserves (emergency crude oil storage) at Mangalore, as directed by the Ministry of Petroleum and Natural Gas.38
- On 25 Jun 2026, ONGC appointed bp as technical services provider (an outside expert advising on raising output) for its Western Offshore Basin fields, after a Mumbai High contract of February 2025; ONGC keeps ownership and operational control.3940
- ONGC Videsh formalised its 20% stake in Sakhalin-1 LLC, the Russian-incorporated company that took over the Sakhalin-1 oil and gas project, on 5 Dec 2025.4142
Last updated
All 42 sources, each with its page
- 1. Annual report, 7 Aug 2026, page 614
- 2. Annual report, 7 Aug 2026, page 99
- 3. Exchange filing, 25 Jun 2026, page 3
- 4. Annual report, 7 Aug 2026, page 382
- 5. Annual report, 7 Aug 2026, page 476
- 6. Annual report, 7 Aug 2026, page 381
- 7. Annual report, 7 Aug 2026, page 155
- 8. Annual report, 7 Aug 2026, page 23
- 9. Annual report, 7 Aug 2026, page 122
- 10. Annual report, 7 Aug 2026, page 123
- 11. Annual report, 7 Aug 2026, page 124
- 12. Annual report, 7 Aug 2026, page 2
- 13. Investor presentation, 31 Aug 2026, page 3
- 14. Annual report, 7 Aug 2026, page 99
- 15. Earnings call, 4 Aug 2026, page 3
- 16. Earnings call, 4 Aug 2026, page 3
- 17. Investor presentation, 31 Aug 2026, page 8
- 18. Investor presentation, 31 Aug 2026, page 9
- 19. Annual report, 7 Aug 2026, page 71
- 20. Annual report, 7 Aug 2026, page 23
- 21. Investor presentation, 31 Aug 2026, page 8
- 22. Investor presentation, 31 Aug 2026, page 16
- 23. Investor presentation, 31 Aug 2026, page 8
- 24. Investor presentation, 31 Aug 2026, page 8
- 25. Earnings call, 4 Aug 2026, page 4
- 26. Annual report, 7 Aug 2026, page 614
- 27. Annual report, 7 Aug 2026, page 122
- 28. Annual report, 7 Aug 2026, page 23
- 29. Investor presentation, 31 Aug 2026, page 6
- 30. Investor presentation, 31 Aug 2026, page 15
- 31. Earnings call, 4 Aug 2026, page 5
- 32. Earnings call, 4 Aug 2026, page 6
- 33. Investor presentation, 31 Aug 2026, page 17
- 34. Investor presentation, 31 Aug 2026, page 18
- 35. Investor presentation, 31 Aug 2026, page 23
- 36. Annual report, 7 Aug 2026, page 422
- 37. Exchange filing, 8 Oct 2026, page 1
- 38. Exchange filing, 9 Jul 2026, page 1
- 39. Exchange filing, 25 Jun 2026, page 1
- 40. Exchange filing, 25 Jun 2026, page 2
- 41. Annual report, 7 Aug 2026, page 23
- 42. Annual report, 7 Aug 2026, page 676
Results
Consolidated; ₹ crore.Oil & Natural Gas Corporation quarterly results
- Revenue growth, 12 monthsRevenue growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +7.0%
- Net profit growth, 12 monthsNet profit growth, 12 months. The last twelve months against the twelve before them. Left empty where the earlier figure was nought or a loss: growth out of a loss has no percentage.
- +20.8%
Quarter to Jun 2026, against the quarter before
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹2,04,987 Crup 17.94%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent. Net profit in the glossary
- ₹6,554 Crdown 52.08%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
- 3.2%
Revenue by quarter
Net profit by quarter, a loss in red
| ₹ crore | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,58,329 | 1,66,097 | 1,70,812 | 1,63,108 | 1,57,911 | 1,67,423 | 1,73,805 | 2,04,987 |
| Net profit | 9,878 | 9,784 | 8,856 | 11,554 | 12,615 | 11,946 | 13,678 | 6,554 |
| Net margin | 6.2% | 5.9% | 5.2% | 7.1% | 8.0% | 7.1% | 7.9% | 3.2% |
Year to Mar 2026, against the year before
- RevenueRevenue. The pill is the change in revenue against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹6,62,247 Crdown 0.15%
- Net profitNet profit. The pill is the change in net profit against the year before: this period's figure divided by that one's, less one, in per cent.
- ₹49,793 Crup 29.91%
- Net margin
- 7.5%
Revenue by year
Net profit by year, a loss in red
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,42,149 | 3,62,246 | 4,53,461 | 4,25,001 | 3,60,572 | 5,31,762 | 6,84,829 | 6,43,037 | 6,63,262 | 6,62,247 |
| Net profit | 21,478 | 26,068 | 33,887 | 11,560 | 21,343 | 49,294 | 32,778 | 57,101 | 38,329 | 49,793 |
| Net margin | 15.1% | 7.2% | 7.5% | 2.7% | 5.9% | 9.3% | 4.8% | 8.9% | 5.8% | 7.5% |
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- In India - Refining & MarketingIn India - Refining & Marketing, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹5,84,346 Crup 1.39%79.1%
- In India - E&P - OffshoreIn India - E&P - Offshore, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹92,406 Crdown 3.37%12.5%
- In India - E&P - OnshoreIn India - E&P - Onshore, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹39,778 Crdown 5.05%5.4%
- In India - PetrochemicalsIn India - Petrochemicals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹14,214 Crdown 4.01%1.9%
- Outside IndiaOutside India, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹8,443 Crdown 35.03%1.1%
Valuation
Today, against the company's own history.Oil & Natural Gas Corporation PE ratio and valuation
At or below today's level on 37% of 2,248 trading days over the last 10 years.
At or below today's level on 41% of 1,977 trading days since Nov 2018.
At or below today's level on 73% of 2,478 trading days over the last 10 years.
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | +20.2% | +14.3% | +1.0% | 4.7% |
| 3 years | +28.3% | +5.3% | +17.3% | 4.7% |
| 5 years | +28.4% | +20.6% | +1.8% | 5.6% |
Mutual fund holdings
344 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 181 of the 224 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 4 more funds filed their first portfolio on record, holding it.All 344 funds holding Oil & Natural Gas Corporation
- Bought for the first timeBought for the first time. Funds that held it at the month's end and had not held it in any month on record before.
- 2
- Bought againBought again. Funds that held it at the month's end, had not held it the month before, and held it in an earlier month.
- 4
- AddedAdded. Funds that held more shares than at the end of the month before.
- 122
- CutCut. Funds that held fewer shares than at the end of the month before.
- 102
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 110
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end. Sold out in the glossary
- 10
| Fund | |||
|---|---|---|---|
| 10,94,56,001 | 13.26% | ₹2,471.5 Cr | |
| 7,53,34,849 | 0.84% | ₹1,701.1 Cr | |
| 4,01,16,058 | 1.58% | ₹905.8 Cr | |
| 3,32,59,679 | 0.98% | ₹751.0 Cr | |
| 2,73,10,276 | 7.74% | ₹616.7 Cr | |
| 2,58,35,855 | 0.84% | ₹583.4 Cr | |
| 2,42,19,355 | 0.65% | ₹546.9 Cr | |
| 2,41,84,746 | 0.84% | ₹546.1 Cr | |
| 2,38,96,662 | 1.20% | ₹539.6 Cr | |
| 2,23,35,172 | 5.27% | ₹502.5 Cr |
Oil & Natural Gas Corporation competitors and peers
Oil, 22 listed companies, priced on 27 Oct 2026. The table lists the 8 companies closest to Oil & Natural Gas Corporation in market cap.Oil and gas companies
Where the company sits among the companies nearest its size
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| 74,393 | 8.91 | 1.28 | +15.8% | +27.3% | 15.5% | 11.1% | 2.51% | |
| 26,049 | – | 5.85 | – | – | – | 7.0% | 0.09% | |
| 11,074 | – | – | – | – | – | – | 0.00% | |
| 4,260 | 20.63 | 2.13 | +48.8% | – | 10.8% | 13.8% | 0.38% | |
| 3,851 | 21.61 | 5.02 | +82.9% | +210.1% | 26.3% | 30.7% | 0.00% | |
| 2,718 | 2,475.95 | – | – | – | 0.3% | −0.1% | 0.00% | |
| 2,358 | 32.74 | 6.67 | +73.9% | +43.3% | 23.0% | 11.5% | 0.00% | |
| 2,071 | 82.48 | 1.50 | −17.8% | −83.2% | 1.9% | −0.1% | 0.00% |
Dividends
Per share, by the year it was paid for, and the latest payments.Oil & Natural Gas Corporation dividend history
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up. Dividend per share in the glossary| Ex-date | Type | Per share |
|---|---|---|
| 4 Sep 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. Final dividend in the glossary | ₹1.00 |
| 18 Feb 2026 | Interim | ₹6.25 |
| 14 Nov 2025 | Interim | ₹6.00 |
| 4 Sep 2025 | Final | ₹1.25 |
| 7 Feb 2025 | Interim | ₹5.00 |
| 19 Nov 2024 | Interim | ₹6.00 |
Latest announcements
Routine notices left out.Oil & Natural Gas Corporation announcements
Oct 2026
9 Oct · Rating
8 Oct · General Updates
1 Oct · General Updates
Sep 2026
Oil & Natural Gas Corporation annual report, year to Mar 2026
Oil & Natural Gas Corporation share price by year
Each calendar year to 2025.Oil & Natural Gas Corporation share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 240.38 | +0.5% | 271.33 | 219.84 |
| 2024 | 239.25 | +16.7% | 341.75 | 205.35 |
| 2023 | 205.05 | +39.7% | 208.30 | 143.45 |
| 2022 | 146.75 | +3.1% | 186.95 | 120.95 |
| 2021 | 142.40 | +53.0% | 168.10 | 88.30 |
| 2020 | 93.05 | −27.8% | 128.45 | 60.00 |
| 2019 | 128.80 | −14.1% | 177.00 | 116.95 |
| 2018 | 149.90 | −23.2% | 210.85 | 137.10 |
| 2017 | 195.20 | +2.0% | 204.90 | 156.95 |
| 2016 | 191.35 | +18.7% | 208.00 | 127.67 |
Recent sessions
The 9 trading days to 26 Oct 2026, as traded on NSE; the latest is at the top of the page.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 26 Oct 2026 | 226.25 | 228.90 | 224.66 | 228.44 | 227.18 | 63,76,007 | 49.1% |
| 23 Oct 2026 | 225.70 | 227.50 | 223.69 | 227.50 | 225.07 | 1,29,49,879 | 59.9% |
| 22 Oct 2026 | 225.62 | 226.20 | 224.00 | 225.00 | 225.28 | 97,14,773 | 65.0% |
| 21 Oct 2026 | 226.25 | 227.20 | 223.99 | 225.62 | 225.33 | 84,11,046 | 61.0% |
| 19 Oct 2026 | 223.00 | 226.25 | 223.00 | 225.00 | 224.50 | 52,62,091 | 43.9% |
| 16 Oct 2026 | 224.60 | 224.99 | 221.97 | 222.00 | 223.19 | 1,09,84,566 | 73.3% |
| 15 Oct 2026 | 224.65 | 227.16 | 222.85 | 224.64 | 225.13 | 64,58,211 | 55.3% |
| 14 Oct 2026 | 222.90 | 225.50 | 222.14 | 225.50 | 224.30 | 97,90,962 | 60.7% |
| 13 Oct 2026 | 221.20 | 222.65 | 219.02 | 222.65 | 221.51 | 58,93,758 | 61.5% |
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 15 Dec 2016 | Bonus | 0.6667 | Holders received 1 bonus share for every 2 held. |
| 8 Feb 2011 | Bonus | 0.5000 | Holders received 1 bonus share for every 1 held. |
| 8 Feb 2011 | Split | 0.5000 | Each share became 2. |
Company details
- NSE symbol
- ONGC
- BSE code
- 500312
- ISIN
- INE213A01029
- Industry
- Oil
- Website
- www.ongcindia.com
- CIN
- L74899DL1993GOI054155
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1993
- Registered office
- 5, Nelson Mandela Marg, Vasant Kunj, New Delhi 110070, Delhi
- Share registrar
- Alankit Assignments Ltd
- Keeps the register of shareholders and handles transfers and dividend payments