energy
Oil & Natural Gas Corp
ONGC · Nifty 50
₹245
Price 2026-06-17
At a Glance
Fundamental
100/100
STRONG
Trust
95/100
Verification
Coverage
89/100
HIGH
Quick Take
Oil & Natural Gas Corp scores 100/100 on fundamentals (strong). Oil & Natural Gas Corp: PE below historical average. BROAD EXPANSION 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 of 6.3% × asset turnover of 0.84x × leverage of 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
Oil & Natural Gas Corp is compared against 10 peers in the energy sector.
Key Watchpoints
Breaks above ₹257 (+5%)
Trend reversal confirmation
Breaks below ₹233 (-5%)
Further downside risk
PE reverts to 5Y median of 7.6
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