energy · ONGC
Oil & Natural Gas Corp
Oil & Natural Gas Corp: PE above historical average. NARROW LEADERSHIP regime.
Price
₹241.59
Price 2026-07-30
5 day
-2.88%
Short-term move
1 month
+2.85%
Medium-term
Regime
NARROW LEADERSHIP
62% confidence
Market cap
₹307.2k Cr
neutral sector flow
Market Intelligence Analyst
Understand today's market in about 2 minutes.
“How does today's NARROW LEADERSHIP regime affect Oil & Natural Gas Corp (ONGC) in the energy sector?”
Price chart
₹239
+3.13% over period
About Oil & Natural Gas Corp
Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, production, and distribution of crude oil, natural gas, and value-added products in India and internationally. It operates through Exploration and Production, Refining & Marketing, and Petrochemicals segments. The company engages in the refining and marketing of petroleum products; liquefied natural gas supply; pipelines for transportation of petroleum products; SEZ development; helicopter services; and production of ethanol, sugar, petrochemicals, liquefied petroleum gas, naphtha, ethane, propane, butane, kerosene oil, low sulphur heavy stock, residual crude oil, mineral turpentine oil, aviation turbine fuel, and high speed diesel. It also generates wind power through a total installed capacity of 153.9 MW; and solar power through a total installed capacity of 39.96 MW. The company also exports its products. Oil and Natural Gas Corporation Limited was founded in 1955 and is based in New Delhi, India.
At a Glance
RSI pattern warning
RSI oversold bounces for this stock succeeded only 0% of the time (avg -8.2% over 14 days) — not a reliable pattern.
52-week position
Trading at 78.6% of 52-week high
Technicals
RSI 14
44.3
Trend
downtrend
50 DMA
Below
200 DMA
Below
Key metrics
P/E ratio
7.4
57th pct · 7 quarterly points (limited history)
P/B
0.8
ROE
12.7%
Moderate profitability — 12.7% ROE
Market cap
₹307.2k Cr
Revenue growth
190.0% YoY
Promoter
69.2%
52-week range
₹227.65 – ₹307.5
78.6% of high
RSI (14)
44.3
downtrend
vs 50 DMA
Below
DMA ₹252.18
Fundamental
100/100
STRONG
Trust
95/100
Verification
Coverage
100/100
HIGH
Quick Take
Oil & Natural Gas Corp scores 100/100 on fundamentals (strong). Oil & Natural Gas Corp: PE above historical average. NARROW LEADERSHIP regime.
Fundamental Score: 100/100 · STRONG · 1 signals detected
DuPont Analysis
ROE 11.2% broken into three drivers. Each shows how efficiently the company generates returns.
ROE of 11.15% is moderate efficiency-driven and stable. Net margin 6.3%, asset turnover 0.84x, leverage 2.1x.
What This Means
Net margin of 6.3% means the company keeps ₹6.3 as profit for every ₹100 of revenue. This is a moderate-margin business. Asset turnover of 0.84x means the company efficiently uses its assets to generate revenue. Leverage of 2.1x means the company uses moderate debt. Returns are primarily driven by operations, not borrowing.
Margin Structure
Gross
33.6%
Operating
12.2%
Net
6.3%
Gross margin 33.6% → operating margin 12.2% → net margin 6.3%. Margins are IMPROVING. Strong pricing power with stable gross margins suggests the improvement is from operating leverage — sustainable.
Financial Health
Earnings Quality
STRONGCash flow covers net income 2.7x — earnings are HIGH QUALITY. The company converts profit to cash efficiently.
Debt Sustainability
COMFORTABLEInterest covered 6.2x — very comfortable. Debt service is not a concern. Debt/EBITDA at 2.2x is moderate.
Free Cash Flow
STRONGFCF margin at 8.9% — moderate. Generating cash after investments.
Peer comparison
| Stock | Price | 5D | P/E | ROE | Rev growth | Mcap |
|---|---|---|---|---|---|---|
| ADANIGREEN Adani Green Energy | ₹1,358.7 | -1.5% | 158.1 | 7.6% | 1430% | ₹2.5L Cr |
| ADANIENSOL Adani Energy Solutions | ₹1,659 | -1.5% | 88.5 | 9.7% | 1680% | ₹2.0L Cr |
| BPCL Bharat Petroleum | ₹315.8 | +1.9% | 5.2 | 28.5% | 670% | ₹1.3L Cr |
| GAIL GAIL India | ₹173.64 | +1.0% | 15.1 | 8.7% | -240% | ₹1.1L Cr |
| HINDPETRO Hindustan Petroleum | ₹388.45 | +0.9% | 4.8 | 30.9% | 490% | ₹86.4k Cr |
| ATGL Adani Total Gas | ₹650.15 | -1.9% | 119.7 | 14.5% | 1610% | ₹78.2k Cr |
| AEGISLOG Aegis Logistics | ₹1,249.3 | -8.7% | 54 | 15.3% | 5220% | ₹48.6k Cr |
| CASTROLIND Castrol India | ₹184.82 | -0.3% | 19 | N/A | 870% | ₹18.2k Cr |
| ONGC Oil & Natural Gas Corp | ₹241.59 | -4.3% | 7.4 | 12.7% | 190% | ₹3.1L Cr |
Key Watchpoints
Breaks above ₹254 (+5%)
Trend reversal confirmation
Breaks below ₹230 (-5%)
Further downside risk
PE reverts to median of 7.4 (7 quarterly points (limited history))
Valuation normalization
Energy sector entering leadership
Sector rotation signal
Detected Patterns
Risk Flags
Liquidity squeeze. Company may struggle to meet short-term obligations without refinancing.
Elevated risk score. Review audit, board, and shareholder rights metrics.
One-off gains contributing to profit. Check sustainability of earnings without these items.
Special charges of ₹10614K Cr. May indicate restructuring, impairment, or one-time costs.
Potential accounting concerns. Cross-check with earnings quality flags.
Governance structure concerns. Independent director representation may be weak.
Strong insider alignment. Promoters have significant skin in the game.
Company not overvalued on revenue basis.
🔴 2 CRITICAL flags — significant concerns. Investigate before investing.
Data Quality
News Correlation
50 articles scanned for fundamental themes
