Oil & Natural Gas Corporation

ONGC (Oil and Natural Gas Corporation) is India’s largest government-owned company for finding and producing oil and natural gas. Founded in 1956 and based in Delhi, ONGC supplies most of the country’s crude oil and natural gas, making it very important for India’s energy needs. The company is now working to grow beyond oil and gas by investing in areas like refining, petrochemicals, and renewable energy, such as solar and wind power. ONGC plans to increase its oil and gas production in the coming years and is also putting money into new projects and technology to stay competitive. It owns many pipelines and has operations in India and other countries through its subsidiary, ONGC Videsh.

Company Insights
The company has a market capitalization of 3,14,570 crores
The share price of the company is 250
The book value of the company is 273
The company's debt-to-equity ratio is 0.55
The company's annual dividend yield is 4.96%
The company's stock P/E is 9.69
The earnings per share are 28.9
The company's ROCE is 12.4%

Financial Report
The company's sales in the last 5 years
Sales in 2021 is 3,03,849 crores
Sales in 2022 is 4,91,246 crores
Sales in 2023 is 6,32,291 crores
Sales in 2024 is 5,91,396 crores
Sales in 2025 is 6,63,262 crores

The company's profit in the last 5 years
Profit in 2021 is 21,360 crores
Profit in 2022 is 49,294 crores
Profit in 2023 is 32,778 crores
Profit in 2024 is 57,101 crores
Profit in 2025 is 38,329 crores

Sales & Profit Growth
The company's sales growth in the last 5 years
Sales growth in the last 5 years is 10.8%
Sales growth in the last 3 years is 10.5%
Sales growth in the last 1 year is 12.2%

The company's profit growth in the last 5 years
Profit growth in the last 5 years is 19.4%
Profit growth in the last 3 years is -8.14%
Profit growth in the last 1 year is -27.7%

Holdings
Promoters are 58.89%
FIIs are 7.11%
DIIs are 10.93%
Government are 10.30%
Public are 3.76%

Company News

• Oil and Natural Gas Corporation (ONGC), India’s largest oil and gas producer, is currently dealing with a challenging situation as an uncontrolled gas leak at its Rudrasagar field in Assam has entered its eighth day. The leak began during servicing operations on June 13, 2025, and despite continuous efforts by ONGC’s in-house experts and the involvement of international well control specialists, the gas flow remains difficult to control. Over 330 families have been evacuated to relief camps due to safety concerns, and health issues among the evacuees have been reported, including fever and gastritis. ONGC has taken safety measures such as connecting the leaking well to a nearby production facility to divert gas and maintaining water blanketing around the site. Air quality monitoring indicates that pollution levels remain within permissible limits.

• On the market front, ONGC’s shares have shown mixed performance recently. After a strong seven-day rally, the stock paused on June 17, 2025, slipping by 1.38% amid cautious investor sentiment despite rising global crude oil prices, which have surged due to escalating tensions in the Middle East. Brent crude prices have approached $75 per barrel, boosting hopes for improved profitability for ONGC in coming quarters. The company reported a 35% decline in net profit for the March quarter of FY25, mainly due to lower crude price realizations, though it achieved record drilling activity with 578 wells drilled in the fiscal year.

• Analysts remain cautiously optimistic about ONGC’s future, with some recommending a buy rating and a target price of Rs 290, citing strong technical indicators and the company’s operational strength. However, the ongoing gas leak crisis and geopolitical uncertainties continue to weigh on investor sentiment.

Technical Analysis

Company Chart

Moving Averages (MA)

• The stock price is falling near the 50-MA, which indicates that the stock is not in a bullish trend.

• The stock price is just under the 200-MA, which indicates that the stock is in sideways trend.

Relative Strength Index (RSI)

Currently, the RSI of the company is 57, which indicates that the stock is neither overbought nor oversold.

My Analysis

The company's sales and profit growth is good. Right now, it faces some challenges, such as gas leakage and conflict in the Middle East, which have impacted the company's stock price. Overall, the company is working to expand its production. This company can be a good long-term investment option.